Continuo Arts Foundation Inc
- Assets
- $78.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Summit, NJ
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 65-1320288
Organization Overview
Continuo Arts Foundation Inc is located in Summit, NJ. The organization was established in 2008. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Continuo Arts Foundation 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 12/2021, Continuo Arts Foundation Inc generated $172.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $173.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MUSIC EDUCATION PERFORMANCE AND EXPOSURE
Describe the Organization's Program Activity:
Part 3
CAF CHORAL PROGRAM - PROVIDE MUSICAL EDUCATION, ENRICHMENT AND PERFORMANCE OPPORTUNITIES FOR OUR MEMBERSHIP; INCLUSIVE OF ALL AGES AND SOCIO-ECONOMIC STATUS. OUR 165 MEMBERS PARTICIPATED IN OVER 300 REHEARSAL SESSIONS BOTH LOCALLY AND IN-RESIDENCE AT CARNEGIE HALL. PERFORMING FOR APPROXIMATELY 13,000 CONCERT AND EVENT ATTENDEES WITH 5 CONCERT APPEARANCES IN THE INTERNATIONAL FESTIVAL OF THE AEGEAN. ON-GOING OBJECTIVES INCLUDE, INCREASING MEMBERSHIP, EXPAND COMMUNITY OUTREACH, DEVELOPMENT COMMITTEE GROWTH AND BROADER REACH TO OUTLYING COMMUNITIES.
CONCERT PRODUCTIONS - PERFORMANCE OPPORTUNITIES INCLUDED TWO LARGE LOCAL SHOWS WITH OVER 1,500 ATTENDEES, TWO CONCERT COLLABORATIONS IN CARNEGIE HALL AND 5 CONCERT APPEARANCES IN THE INTERNATIONAL FESTIVAL OF THE AEGEAN. GREAT STRIDES WERE MADE IN OUR OBJECTIVES IN AUDIENCE DEVELOPMENT, CONCERT PRODUCTION TIMELINES AND DEVELOPING PRODUCTION AND FRONT OF HOUSE TEAMS. ON-GOING OBJECTIVE IS TO CONTINUE TO IMPROVE IN THESE AREAS.
BROADWAY AND BEYOND - MUSICAL THEATER PROGRAM HAS BEEN EXPANDED TO INCLUDE BOTH FALL AND SPRING SHOWS, YEAR-LONG CLASS OFFERINGS AND THE SUMMER MUSICAL THEATER INTENSIVE FEATURING A SHOW AND A SHOWCASE. ENROLLMENT INCREASED BY 15% WITH SUCCESS IN AUDIENCE DEVELOPMENT AND ORGANIZATIONAL INFRASTRUCTURE.
OTHER PROGRAM SERVICES INCLUDE A YOUNG ARTIST SHOWCASE CALLED MINUETTO MUSIC FESTIVAL AND THE CAF CONSERVATORY, WHICH OFFERS VARIOUS PERFORMING ARTS LESSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Wicke Executive Director | 40 | $50,730 | |
Daniel Apruzzese Treasurer | 2 | $0 | |
Jean Marie Apruzzese Executive Board | 1 | $0 | |
William Hammond Executive Board | 1 | $0 | |
Noni Macpherson Executive Board | 1 | $0 | |
Jesse Peterson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,607 |
| Total Program Service Revenue | $46,628 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,006 |
| Other Revenue | $0 |
| Total Revenue | $172,230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,675 |
| Professional fees and other payments to independent contractors | $21,538 |
| Occupancy, rent, utilities, and maintenance | $7,750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,898 |
| Total expenses | $173,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,888 |
| Other assets | $0 |
| Total assets | $78,888 |
| Total liabilities | $15,602 |
| Net assets or fund balances | $63,286 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Continuo Arts Foundation Inc has recieved totaling $12,165.
| Awarding Organization | Amount |
|---|---|
Hyde And Watson Foundation Warren Township, NJ PURPOSE: PURCHASE OF EQUIPMENT. | $7,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $5,015 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |