Austin Chamber Music Center
- Assets
- $359.0k
- Revenue
- $761.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Austin, TX
- Founding
- 05/1983
- Data as of
- 08/2023
- EIN
- 74-2252691
Organization Overview
Austin Chamber Music Center is located in Austin, TX. The organization was established in 1983. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Austin Chamber Music Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Chamber Music Center 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 08/2023, Austin Chamber Music Center generated $761.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $772.7k during the year ending 08/2023. While expenses have increased by 9.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AUSTIN CHAMBER MUSIC CENTER CREATES CHAMBER MUSIC EXPERIENCES THAT CONNECT, EDUCATE, AND INSPIRE OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACMC'S 2022-23 CONCERT SEASON, "BIG FISH, BIGGER POND" TOOK PLACE BETWEEN SEPTEMBER 2022 AND APRIL 2023. THE SEASON ALSO INCLUDES THREE CHARLIE BROWN CHRISTMAS CONCERTS. THE GOAL OF THE SEASON CONCERTS IS TO PRESENT AND PRODUCE THE BEST IN CHAMBER MUSIC IN A THEMATIC, CREATIVE, AND INTERACTIVE FASHION. IN ADDITION, ACMC'S SUMMER FESTIVAL TOOK PLACE MAY 2023-AUGUST 2023 WITH A NEW FORMAT THAT STRETCHED THE FESTIVAL OUT OVER THE ENTIRE SUMMER FEATURING 8 CONCERTS OVER FOUR WEEKENDS.
ACMC'S FALL, SPRING, AND SUMMER INSTRUCTIONAL PROGRAMS TAKE PLACE BOTH IN AND OUT OF SCHOOLS FROM SEPTEMBER THROUGH JULY THROUGH IN-SCHOOL COACHING, THE ACADEMY, AND THE WORKSHOP. STUDENTS RECEIVED CHAMBER MUSIC COACHING ON SELECTED REPERTOIRE THAT WAS THEN PERFORMED AT SEMESTER END RECITALS. EDUCATION PROGRAMS ALSO INCLUDE THE COLTMAN COMPETITION WHICH BRINGS INCLUDES A COMPETITIVE ONLINE APPLICATION FOLLOWED BY 40 ENSEMBLES COMING TO AUSTIN TO COMPETE ACROSS 4 DIVISIONS IN MARCH AT UT'S BUTLER SCHOOL OF MUSIC.
ACMC'S COMMUNITY OUTREACH CONCERTS INCLUDE A FALL AND SPRING SCHOOL CONCERT TOUR, RETIREMENT HOME CONCERTS, AND FREE CONCERTS IN COMMUNITY CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Caricari President | OfficerTrustee | 4 | $0 |
Anne Marie Palmer Treasurer | OfficerTrustee | 3 | $0 |
Judy Matula Secretary | OfficerTrustee | 2 | $0 |
Daryl Fox Vice President | OfficerTrustee | 2 | $0 |
Para Lanell Agboga Director | Trustee | 2 | $0 |
Roanna Flowers Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,535 |
| Related organizations | $0 |
| Government grants | $98,178 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,285 |
| Noncash contributions included in lines 1a–1f | $4,474 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $461,998 |
| Total Program Service Revenue | $296,631 |
| Investment income | $7,040 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,095 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $761,723 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $283,644 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,362 |
| Payroll taxes | $21,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,258 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $227,586 |
| Advertising and promotion | $31,107 |
| Office expenses | $1,120 |
| Information technology | $4,473 |
| Royalties | $1,589 |
| Occupancy | $57,468 |
| Travel | $6,586 |
| 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 | $2,982 |
| Insurance | $4,356 |
| All other expenses | $0 |
| Total functional expenses | $772,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,772 |
| Savings and temporary cash investments | $250,768 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,860 |
| 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 | $13,780 |
| Net Land, buildings, and equipment | $40,897 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $9,652 |
| Intangible assets | $0 |
| Other assets | $2,231 |
| Total assets | $358,960 |
| Accounts payable and accrued expenses | $14,075 |
| Grants payable | $0 |
| Deferred revenue | $49,835 |
| 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 | $63,910 |
| Net assets without donor restrictions | $295,050 |
| 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 | $358,960 |