Orchestra Of The Americas Group Inc
- Assets
- $1.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 09/2001
- Data as of
- 09/2023
- EIN
- 52-2309214
Organization Overview
Orchestra Of The Americas Group Inc is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Orchestra Of The Americas Group Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orchestra Of The Americas Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Orchestra Of The Americas Group Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.2m during the year ending 09/2023. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORCHESTRA OF THE AMERICAS GROUP EMPOWERS EXCEPTIONAL CREATIVES TO BUILD THRIVING CAREERS THAT IMPACT COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OACADEMY IS AN ONLINE MUSIC CONSERVATORY THAT REINVENTS MUSIC EDUCATION FOR THE REAL WORLD, BRIDGING THE GAP BETWEEN LOCATION AND OPPORTUNITY. COMBINING A GLOBAL FACULTY WITH IN-PERSON RESIDENCIES, OACADEMY EMPOWERS DIVERSE TALENTS TO BECOME JOB-WINNING ARTISTS. A RIGOROUSLY SELECTED COHORT OF 80 RISING MUSICIANS FROM ACROSS THE GLOBE PARTICIPATES IN THE ANNUAL 6-MONTH JOURNEY THAT FOCUSES ON THE CULTIVATION OF ESSENTIAL SKILLS REQUIRED BY PROFESSIONAL MUSICIANS IN AN ERA WHEN MUSIC-MAKING FORMATS AND STRUCTURES ARE RAPIDLY SHIFTING. USING TECHNOLOGY TO CREATE POWERFUL LEARNING OPPORTUNITIES AND CAREER-ADVANCING NETWORKS FOR THOSE WITH LIMITED RESOURCES, OACADEMY IS WORKING TO LEVEL THE GLOBAL MUSIC PLAYING FIELD BY BREAKING DOWN AGE-OLD CENTERS OF ACCESS. CO-CURATING INSTITUTIONAL PARTNERS INCLUDE THE ROYAL CONCERTGEBOUW ORCHESTRA, CANADA'S NATIONAL ARTS CENTRE, AND BARD COLLEGE CONSERVATORY.BEYOND ITS CORE ORCHESTRA ACADEMY, OACADEMY HOUSES THREE BRANDED OFF-SHOOT ACTIVITIES: THE CARLOS MIGUEL PRIETO CONDUCTING FELLOWSHIP, GABRIELA ORTIZ COMPOSING STUDIO, AND GABRIELA MONTERO PIANO LAB. THE CARLOS MIGUEL PRIETO FELLOWSHIP PROVIDES RISING CONDUCTORS WITH FORMATIVE TOOLS INCLUDING COMPREHENSIVE TECHNIQUE, MUSICIANSHIP, AND LEADERSHIP TRAINING NEEDED TO ACCESS WORLD-CLASS CAREER OPPORTUNITIES. THE GABRIELA ORTIZ COMPOSING STUDIO PROVIDES A LAB FOR EMERGING COMPOSERS TO TAKE THE NEXT STEP IN A GLOBAL CAREER. THE GABRIELA MONTERO PIANO LAB PROVIDES IMMERSIVE TRAINING TO RISING PIANISTS WHERE THEY LEARN FROM ONE OF THE WORLD'S TOP LEADING SOLOISTS AND COMPOSERS.THE ORGANIZATION ALSO OVERSEES SINFNICA AZTECA, A COLLABORATIVE PROJECT WITH FUNDACIN AZTECA IN MEXICO THAT CREATES A LEADING AND INNOVATIVE PLATFORM IN MUSIC EDUCATION THAT CONNECTS THE WORLDS OF EDUCATION AND INTERNATIONAL PERFORMANCE.
THE GLOBAL LEADERS INSTITUTE EQUIPS ARTS PROFESSIONALS TO GROW CREATIVE ENTERPRISES THAT IMPACT COMMUNITIES THROUGH AN INNOVATIVE AND NEWLY LAUNCHED MBA IN ARTS INNOVATION. CO-CURATED BY 9 TOP UNIVERSITIES AND THINK TANKS INCLUDING HARVARD, GEORGETOWN, STANFORD, DUKE, UNIVERSITY OF CHICAGO, AND MORE, THE GLI'S MBA JOURNEY IS GUIDED BY A WORLD-CLASS FACULTY THAT INCLUDES NOBEL LAUREATES, GRAMMY WINNERS, POLAR PRIZE AWARDEES, TED PRESENTERS, AND AN INSTITUTIONAL NETWORK OF DYNAMIC FIELD PARTNERS SPANNING 40+ NATIONS.
THE NEWLY LAUNCHED MONTERO AT PRAGER CONCERT SERIES BRINGS WORLD-CLASS MUSICIANS, MENTORSHIP, AND COMMUNITY ENGAGEMENT TO MARYLAND'S EASTERN SHORE. FROM THE INTIMATE SETTING OF THE PRAGER FAMILY CENTER FOR THE ARTS IN THE HEART OF DOWNTOWN EASTON, AUDIENCES ENJOY UP-CLOSE PERFORMANCES BY SOME OF THE MOST ACCLAIMED ARTISTS OF OUR TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felipe Antonio Custer Director | Trustee | 1 | $0 |
Carlos Arellano Director | Trustee | 1 | $0 |
David J Bates Director | Trustee | 1 | $0 |
Pauline Beck Director | Trustee | 1 | $0 |
Maria Benilde Ortiz Director | Trustee | 1 | $0 |
Arturo Brillembourg Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gabriela Montero Oacademy And Montero Prager Concert | 9/29/23 | $129,300 |
Stephen Mcelroy Oacademy And Montero Prager Concert | 9/29/23 | $124,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $286,118 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,119,809 |
| Noncash contributions included in lines 1a–1f | $53,517 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,405,927 |
| Total Program Service Revenue | $1,033,846 |
| Investment income | $169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,439,942 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,629 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,084 |
| Compensation of current officers, directors, key employees. | $34,203 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,647 |
| Pension plan accruals and contributions | $7,771 |
| Other employee benefits | $19,035 |
| Payroll taxes | $34,354 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $60,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,000 |
| Advertising and promotion | $53,196 |
| Office expenses | $22,282 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,110 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,896 |
| Insurance | $5,901 |
| All other expenses | $12,366 |
| Total functional expenses | $2,184,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $840,673 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $259,438 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,531 |
| Net Land, buildings, and equipment | $1,888 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,675 |
| Total assets | $1,143,205 |
| Accounts payable and accrued expenses | $260,846 |
| Grants payable | $0 |
| Deferred revenue | $427,488 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $688,334 |
| Net assets without donor restrictions | $454,871 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,143,205 |