Choir School At St Peters
- Assets
- $515.9k
- Revenue
- $278.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 56-2271723
Organization Overview
Choir School At St Peters is located in Charlotte, NC. The organization was established in 2001. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Choir School At St Peters 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 12/2021, Choir School At St Peters generated $278.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $241.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPERIOR MUSIC EDUCATION AND PERFORMANCE OPPORTUNITIES TO ALL TALENTED BOYS AND GIRLS WITHOUT REGARD TO RACE, RELIGION OR ECONOMIC DIFFERENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPERIOR MUSIC EDUCATION AND PERFORMANCE PROGRAMS FOR CHILDREN AGES 7-18. SERVED APPROXIMATELY 100 STUDENTS THROUGHOUT THE PROGRAM YEAR. SPRING SEMESTER 2021 REMAINED PRIMARILY VIRTUAL DUE TO COVID-19. IN FALL 2021, WE WERE ABLE TO OFFER IN PERSON CAMP, REHEARSALS,AND CONCERTS. WE CONTINUED TO TEACH OR STUDENTS MUSIC READING AND SIGHT SINGING SKILLS IN ADDITION TO CHORAL SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Davis Tapp Executive Dir. | Officer | 30 | $29,860 |
Abigail Cudabac Secretary | OfficerTrustee | 1 | $0 |
Ashleigh Morgan Treasurer | OfficerTrustee | 1 | $0 |
John Hall President | OfficerTrustee | 1 | $0 |
Carrie Weyandt Vice President | OfficerTrustee | 1 | $0 |
Kay Johnson Program & Finan | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,367 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,038 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,405 |
| Total Program Service Revenue | $63,450 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,479 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $278,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $29,860 |
| Compensation of current officers, directors, key employees. | $7,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,623 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,500 |
| Office expenses | $0 |
| Information technology | $15,647 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $2,372 |
| All other expenses | $4,491 |
| Total functional expenses | $241,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,358 |
| Savings and temporary cash investments | $31,926 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $376,641 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $515,925 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $509,123 |
| Net assets with donor restrictions | $6,802 |
| 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 | $515,925 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Choir School At St Peters has recieved totaling $36,050.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $36,050 |
Endowment Analysis
| Beg. Balance | $325,926 |
| Earnings | $38,024 |
| Admin Expense | $664 |
| Net Contributions | $24,099 |
| Other Expense | $10,744 |
| Ending Balance | $376,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer Nashville, TN | $5,301,089 | $3,795,133 |
Harmony Foundation International Inc Nashville, TN | $5,976,223 | $2,692,504 |
Raleigh Boychoir Inc Raleigh, NC | $402,980 | $139,190 |
Kings Heralds Inc Portland, TN | $53,669 | $342,532 |
Tlq Inc Clermont, GA | $236,298 | $325,412 |
Atlanta Master Chorale Inc Atlanta, GA | $340,008 | $310,273 |
Roanoke Valley Childrens Choir Inc Salem, VA | $96,247 | $289,748 |
Choralis Foundation Falls Church, VA | $110,795 | $250,779 |
Chamber Music Charleston Charleston, SC | $311,362 | $332,942 |
Hickory Choral Society Inc Hickory, NC | $859,624 | $234,940 |
Skylark Vocal Ensemble Inc Roswell, GA | $43,729 | $286,353 |
Singing Crusade For Christ Inc East Flat Rock, NC | $968,120 | $298,094 |