Mercury Chamber Orchestra Inc
- Assets
- $827.5k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Houston, TX
- Founding
- 02/2001
- Data as of
- 06/2023
- 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 06/2023, 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 06/2023, Mercury Chamber Orchestra Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 0.3% per year over the past 7 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
TO SERVE THE COMMUNITY BY TEACHING, SHARING, AND PERFORMING MUSIC WITH EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCES: DURING THE 2022-2023 SEASON, MERCURY PERFORMED DOWNTOWN SERIES CONCERTS AT THE WORTHAM CENTER AND THREE NEIGHBORHOOD SERIES CONCERTS AT FOUR VENUES ACROSS HOUSTON. MERCURY'S INTIMATE AND ACCESSIBLE PERFORMANCES OF A WIDE-RANGING REPERTOIRE ARE DESIGNED TO CONNECT WITH HOUSTON'S DIVERSE COMMUNITIES. THE ORCHESTRA IS KNOWN FOR ITS USE OF PERIOD INSTRUMENTS AND FOR CREATING ITS VIBRANT SIGNATURE SOUND. MERCURY ALSO REGULARLY COLLABORATES WITH OTHER AREA ORGANIZATIONS TO FORM CONCERT AND ENTERTAINMENT EXPERIENCES THAT ARE UNIQUE IN THE HOUSTON COMMUNITY.
EDUCATION: IN 2022-2023, MERCURY OFFERED TEACHING RESIDENCIES IN THREE HOUSTON-AREA PUBLIC SCHOOLS, WHICH DEVELOP IMPORTANT MUSIC SKILLS AND HELP FOSTER LIFE SKILLS SUCH AS TEAMWORK, SELF-EXPRESSION, PERSONAL RESPONSIBILITY, AND LEADERSHIP. MERCURY MUSICIANS ALSO TOURED SIX PUBLIC SCHOOLS, PERFORMING BILINGUAL PROGRAMS THAT INTEGRATED CLASSICAL MUSIC INTO THE CURRICULUM. ADULT AUDIENCES ENJOYED MERCURY'S REGULAR PRE-CONCERT LECTURES, OFFERING INSIGHTS INTO EACH CONCERT'S HISTORICAL AND MUSICAL CONTEXT.
LIVE STREAMING CONCERTS: SINCE THE PANDEMIC BEGAN IN MARCH 2020, MERCURY HAS LIVE-STREAMED ALL TEN OF ITS PROGRAMS FOR AT-HOME AUDIENCES. THESE PROGRAMS ARE ALSO AVAILABLE FOR A WEEK FOLLOWING EACH CONCERT, ALLOWING IN-PERSON AUDIENCES TO RE-LIVE EACH PERFORMANCE. STREAMING CONCERTS HAS ALLOWED MERCURY TO SIGNIFICANTLY EXPAND ITS REACH THROUGHOUT HOUSTON, TEXAS, THE UNITED STATES, AND INTERNATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blake Eskew President | OfficerTrustee | 5 | $0 |
Rebecca Fieler Secretary | OfficerTrustee | 2 | $0 |
Steve Barth Treasurer | OfficerTrustee | 5 | $0 |
Ginny Hart Immediate Past President | OfficerTrustee | 2 | $0 |
Jay Adkins Director | Trustee | 2 | $0 |
Kevin Downs Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $255,573 |
| Related organizations | $0 |
| Government grants | $37,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,017,182 |
| Noncash contributions included in lines 1a–1f | $63,241 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,309,755 |
| Total Program Service Revenue | $382,979 |
| Investment income | $32 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$68,952 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,623,814 |
| 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. | $233,508 |
| Compensation of current officers, directors, key employees. | $115,429 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $296,379 |
| Pension plan accruals and contributions | $20,391 |
| Other employee benefits | $23,865 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,081 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,638 |
| Advertising and promotion | $117,542 |
| Office expenses | $44,914 |
| Information technology | $26,074 |
| Royalties | $0 |
| Occupancy | $59,889 |
| Travel | $60,888 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,561 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,209 |
| Insurance | $6,622 |
| All other expenses | $0 |
| Total functional expenses | $1,559,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,053 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $261,966 |
| 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 | $4,590 |
| Net Land, buildings, and equipment | $15,476 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,445 |
| Total assets | $827,530 |
| Accounts payable and accrued expenses | $50,641 |
| Grants payable | $0 |
| Deferred revenue | $138,309 |
| 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 | $188,950 |
| Net assets without donor restrictions | $569,656 |
| Net assets with donor restrictions | $68,924 |
| 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 | $827,530 |