Musical Arts Society Of New Orleans
- Assets
- $109.7k
- Revenue
- $190.1k
- Investments
- $0.0
- Employees
- 1
- Location
- New Orleans, LA
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 72-1333207
Organization Overview
Musical Arts Society Of New Orleans is located in New Orleans, LA. The organization was established in 1997. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Musical Arts Society Of New Orleans 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 12/2022, Musical Arts Society Of New Orleans generated $190.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $199.5k during the year ending 12/2022. While expenses have increased by 12.2% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MASNO'S VISION IS TO BE A PRIMARY SOURCE IN ESTABLISHING NEW ORLEANS AS A VITAL AND VIBRANT CENTER FOR THE MUSICAL ARTS RECOGNIZED REGIONALLY, NATIONALLY, AND INTERNATIONALLY. MASNO'S MISSION IS 1) TO CREATE OPPORTUNITIES TO HEAR, PARTICIPATE IN, AND APPRECIATE PERFORMANCES OF THE MUSICAL ARTS BY ESTABLISHED AND EMERGING ARTISTS; 2) TO ENCOURAGE THE DEVELOPMENT OF SUPPORTIVE, KNOWLEDGEABLE, AND ENTHUSIASTIC AUDIENCES FOR CONCERTS PRESENTED BY THE MUSICAL ARTS SOCIETY AND OTHER MUSICAL ORGANIZATIONS; 3) TO NURTURE THE DEVELOPMENT OF TALENT; 4) TO CHAMPION MUSIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW ORLEANS INTERNATIONAL PIANO COMPETITION- THE NOIPC BEGAN IN 1989 AND HAS EXPANDED IN SCOPE THROUGH THE YEARS TO BECOME INTERNATIONALLY REGARDED AS ONE OF THE TOP PROGRAMS OF ITS KIND. INTERNATIONAL AUDITIONS ARE HELD TO SELECT 12 PIANISTS AS SEMIFINALISTS WHO TRAVEL TO NEW ORLEANS FOR A WEEK OF PUBLIC CONCERTS COMPETING FOR CASH AND PERFORMANCE PRIZES. FOLLOWING THE COMPETITION, THE TOP THREE WINNERS RETURN TO NEW ORLEANS FOR MULTIPLE PERFORMANCES AS WELL AS THROUGHOUT THE COUNTRY AS MASNO ARTISTS. THE NOIPC IS CURRENTLY A BIENNIAL EVENT, AND SERVES AS A CAREER LAUNCHING PLATFORM FOR THESE EMERGING ARTISTS.
NEW ORLEANS PIANO INSTITUTE AND KEYBOARD FESTIVAL: FROM A GROUP OF LOCAL, NATIONAL AND INTERNATIONAL APPLICATIONS AND AUDITIONS, 34 YOUNG PIANISTS ARE SELECTED TO PARTICIPATE AS PERFORMERS IN THE NEW ORLEANS PIANO INSTITUTE - A PIANO ACADEMY TAKING PLACE DURING THE NEW ORLEANS KEYBOARD FESTIVAL. THESE TALENTED COLLEGE, HIGH SCHOOL AND JUNIOR HIGH PIANISTS FROM ACROSS THE US AND AROUND THE WORLD PARTICIPATE IN AN INTENSIVE SOLO PERFORMANCE PROGRAM, INCLUDING PRIVATE LESSONS WITH DISTINGUISHED FACULTY, MASTER CLASSES, SPECIAL LECTURES IN PIANO LITERATURE AND PERFORMANCE PRACTICE, AND AN OPPORTUNITY TO PERFORM IN THE SHOWCASE RECITAL. STUDENTS ARE ALSO INVITED TO COMPETE IN THE NOPI SOLO COMPETITION AND THE NOPI CONCERTO COMPETITION PRESENTED BY HALL PIANO COMPANY AND THE STEINWAY SOCIETY OF NEW ORLEANS. THE WINNER OF THE CONCERTO COMPETITION IS INVITED BACK TO NEW ORLEANS TO PEFORM WITH THE NEW ORLEANS CIVIC SYMPHONY. IN ADDITION TO THE PERFORMANCE AND LESSON OPPORTUNITIES, STUDENTS ARE INVITED TO ATTEND THE GUEST ARTIST RECITALS OF THE NEW ORLEANS KEYBOARD FESTIVAL GUEST ARTISTS. THE NEW ORLEANS PIANO INSTITUTE IS MASNO'S MAIN EDUCATIONAL COMPONENT.
BACHTOBERFEST: BACHTOBERFEST IS AN OUTDOOR ANNUAL EVENT HELD IN OCTOBER THAT CELEBRATES THE MUSIC OF J.S. BACH AND OTHER GERMAN COMPOSERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cara Mccool Woolf Executive Dir. | Officer | 40 | $40,000 |
Igor Resnianski Member | Trustee | 1 | $5,185 |
Hristo Birbochukov Member | Trustee | 1 | $4,525 |
Brian Hsu Member | Trustee | 1 | $2,000 |
Anne B Gauthier Member | Trustee | 1 | $0 |
Michael Boucree Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,525 |
| Related organizations | $0 |
| Government grants | $13,504 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,198 |
| Total Program Service Revenue | $79,363 |
| Investment income | $3,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,784 |
| Net Income from Fundraising Events | -$12,542 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,089 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,811 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,061 |
| Advertising and promotion | $4,578 |
| Office expenses | $5,971 |
| Information technology | $2,860 |
| Royalties | $0 |
| Occupancy | $5,710 |
| Travel | $3,186 |
| 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 | $1,581 |
| All other expenses | $842 |
| Total functional expenses | $199,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,034 |
| Savings and temporary cash investments | $35,612 |
| 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 | $57,030 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $109,676 |
| 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 | $1,000 |
| Total liabilities | $1,000 |
| Net assets without donor restrictions | $0 |
| 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 | $108,676 |
| Total liabilities and net assets/fund balances | $109,676 |