Mercury Chamber Orchestra Inc
- Assets
- $643.0k
- Revenue
- $969.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Houston, TX
- Founding
- 02/2001
- Data as of
- 06/2021
- EIN
- 76-0663007
Organization Overview
Mercury Chamber Orchestra Inc is located in Houston, TX. 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. As of 06/2021, Mercury Chamber Orchestra Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercury Chamber Orchestra 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 06/2021, Mercury Chamber Orchestra Inc generated $969.9k 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 (6.9%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 6 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 SERVE THE COMMUNITY BY CELEBRATING THE POWER OF MUSIC WITH PASSION AND EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCES: DURING THE 2020-2021 SEASON, MERCURY PERFORMED ALL SEVEN OF ITS DOWNTOWN SERIES CONCERTS. THESE CONCERTS WERE PERFORMED IN FRONT OF LIVE AUDIENCES WHILE LIVE-STREAMING THESE PERFORMANCES FOR AT-HOME AUDIENCES. DUE TO VENUE RESTRICTIONS, MERCURY'S THREE NEIGHBORHOOD SERIES CONCERTS WERE LIVE-STREAMED ONLY. MERCURY'S PASSIONATE AND ACCESSIBLE PERFORMANCES OF DIVERSE REPERTOIRE ARE DESIGNED TO BE ENJOYED BY ALL. THE ORCHESTRA IS KNOWN FOR ITS VIBRANT SIGNATURE SOUND AND ITS USE OF PERIOD INSTRUMENTS. MERCURY ALSO REGULARLY COLLABORATES WITH OTHER AREA ORGANIZATIONS TO FORM CONCERT AND ENTERTAINMENT EXPERIENCES THAT ARE TRULY UNIQUE. IN ADDITION, THE ONGOING PANDEMIC HAS HAD A SIGNIFICANT IMPACT ON EARNED REVENUE.
SEE SCHEDULE O
MUSIC RECORDINGS AND ONLINE RESOURCES: THE ORCHESTRA'S CRITICALLY ACCLAIMED RECORDINGS ARE A POWERFUL RESOURCE, ALLOWING MERCURY TO IMPACT THE LIVES OF MORE LISTENERS IN HOUSTON, THE STATE, THE NATION, AND ABROAD WITH ITS PERIOD MUSIC SOUND. MERCURY RELEASED A NEW CD IN NOVEMBER 2015, SAMMARTINI, LOCATELLI, TORELLI & CORELLI: CHRISTMAS CONCERTOS, AND NOW HAS EIGHT CD RELEASES. CD SALES ARE OCCURRING AT CONCERTS AND THROUGH THE MERCURY WEBSITE. IN ADDITION, SOCIAL MEDIA CREATES NEW CHANNELS TO INTERACT WITH PATRONS WORLDWIDE AND OTHER HOUSTON ARTS ORGANIZATIONS, HOTELS, RESTAURANTS, AND TOURIST DESTINATIONS. WE HAVE ALSO REACHED OVER 20,000 USERS THROUGH OUR WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antoine Plante Artistic Director | Officer | 50 | $114,640 |
Brian Ritter Executive Director | Officer | 50 | $104,888 |
Ginny Hart President | OfficerTrustee | 5 | $0 |
Rebecca Fieler Secretary | OfficerTrustee | 2 | $0 |
Blake Eskew Treasurer | OfficerTrustee | 5 | $0 |
Lloyd Kirchner Imm. Past Pres. | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $101,475 |
| Related organizations | $0 |
| Government grants | $137,317 |
| All other contributions, gifts, grants, and similar amounts not included above | $541,755 |
| Noncash contributions included in lines 1a–1f | $14,051 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $780,547 |
| Total Program Service Revenue | $197,049 |
| 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 | -$7,660 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $969,936 |
| 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. | $231,693 |
| Compensation of current officers, directors, key employees. | $37,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $270,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,294 |
| Payroll taxes | $22,146 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $161,227 |
| Advertising and promotion | $41,493 |
| Office expenses | $21,039 |
| Information technology | $3,166 |
| Royalties | $0 |
| Occupancy | $57,939 |
| Travel | $20,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,025 |
| Interest | $1,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,123 |
| Insurance | $6,739 |
| All other expenses | $0 |
| Total functional expenses | $1,075,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,597 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $336,028 |
| 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 | $3,176 |
| Net Land, buildings, and equipment | $3,216 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,029 |
| Total assets | $643,046 |
| Accounts payable and accrued expenses | $32,877 |
| Grants payable | $0 |
| Deferred revenue | $127,145 |
| 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 | $57,679 |
| Total liabilities | $217,701 |
| Net assets without donor restrictions | $193,345 |
| Net assets with donor restrictions | $232,000 |
| 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 | $643,046 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mercury Chamber Orchestra Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Brunetti Family Charitable Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Center For Arts-Academics Fort Worth, TX | $13,496,249 | $10,668,475 |
Sweet Adelines International Corporation Tulsa, OK | $8,622,203 | $2,745,121 |
Conspirare Inc Austin, TX | $1,008,687 | $1,569,086 |
Mercury Chamber Orchestra Inc Houston, TX | $643,046 | $969,936 |
Santa Fe Desert Chorale Santa Fe, NM | $1,279,456 | $1,570,845 |
Houston Chamber Choir Houston, TX | $154,295 | $586,272 |
Turtle Creek Chorale Inc Dallas, TX | $915,499 | $715,212 |
Canterbury Voices Inc Oklahoma City, OK | $986,364 | $572,354 |
Childrens Chorus Of Greater Dallas Dallas, TX | $946,051 | $502,333 |
Dorothy Shaw Bell Choir Fort Worth, TX | $544 | $417,926 |
Arkansas Choral Directors Association Alma, AR | $56,989 | $281,715 |
New Orleans Childrens Chorus New Orleans, LA | $142,023 | $185,514 |