Concerts International Inc
- Assets
- $147.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 07/1968
- Data as of
- 06/2022
- EIN
- 62-0793227
Organization Overview
Concerts International Inc is located in Germantown, TN. The organization was established in 1968. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Concerts International 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 06/2022, Concerts International Inc generated $62.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $57.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BRING WORLD CLASS MUSIC TO MEMPHIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Helfenstein Executive Director | 10 | $15,600 | |
Chris Creech President | 1 | $0 | |
Barbara Lapides Secretary | 1 | $0 | |
Andrew Inglis Treasurer | 3 | $0 | |
Bill Odonnell Board Member | 5 | $0 | |
Harvey Felder Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,396 |
| Total Program Service Revenue | $20,739 |
| Membership dues | $0 |
| Investment income | $1,893 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,028 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,794 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $698 |
| Other expenses | $39,593 |
| Total expenses | $57,085 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,571 |
| Other assets | $0 |
| Total assets | $147,821 |
| Total liabilities | $21,179 |
| Net assets or fund balances | $126,642 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Concerts International Inc has recieved totaling $15,255.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $15,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |
Garth Newel Music Center Foundation Corp Warm Springs, VA | $11,030,155 | $3,286,449 |
Blues Foundation Inc Memphis, TN | $4,533,935 | $1,249,645 |
Songbirds Foundation Inc Chattanooga, TN | $16,669,845 | $490,877 |
Community Arts Association In Newton County Inc Covington, GA | $760,838 | $850,953 |
Virginia Musical Theatre Inc Virginia Beach, VA | $428,462 | $648,568 |
Musicians Hall Of Fame And Museum Nashville, TN | $2,497,299 | $1,370,985 |
Jazzarts Charlotte Charlotte, NC | $599,650 | $885,033 |