Montclair Orchestra Inc
- Assets
- $100.8k
- Revenue
- $333.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Montclair, NJ
- Founding
- 02/2017
- Data as of
- 06/2022
- EIN
- 81-3466993
Organization Overview
Montclair Orchestra Inc is located in Montclair, NJ. The organization was established in 2017. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Montclair Orchestra Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montclair 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 06/2022, Montclair Orchestra Inc generated $333.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $368.2k during the year ending 06/2022. While expenses have increased by 20.7% 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
TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR MUSIC STUDENTS TO ADVANCE THEIR TRAINING THROUGH COLLABORATION WITH CONSERVATORIES, PROFESSIONAL ORCHESTRAS AND MUSICIANS; TO COLLABORATE WITH ART, THEATER, HISTORICAL AND SIMILAR ORGANIZATIONS TO PROVIDE COMPREHENSIVE CULTURAL OFFERINGS; AND TO PROVIDE ORCHESTRAL MUSIC FOR AUDIENCES TO ENJOY AND APPRECIATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND FELLOWSHIP ORCHESTRA PROGRAMS FOR MUSIC STUDENTS TO ADVANCE THEIR TRAINING THROUGH COLLABORATION WITH CONSERVATORIES, PROFESSIONAL ORCHESTRAS AND MUSICIANS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Irwin Director/secretary | OfficerTrustee | 3 | $0 |
Andre Weker President | Officer | 40 | $0 |
Tom White Treasurer | Officer | 3 | $0 |
Amy Myers Director | Trustee | 3 | $0 |
Bela Schwartz Director | Trustee | 3 | $0 |
Wendy Mcneil Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $52,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $192,090 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,465 |
| Total Program Service Revenue | $88,097 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $333,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,495 |
| Grants and other assistance to domestic individuals. | $46,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $30,162 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,682 |
| Advertising and promotion | $16,716 |
| Office expenses | $522 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,239 |
| Travel | $17,914 |
| 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 | $2,231 |
| Insurance | $5,762 |
| All other expenses | $17,374 |
| Total functional expenses | $368,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,500 |
| 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 | $17,108 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $100,803 |
| Accounts payable and accrued expenses | $4,730 |
| Grants payable | $0 |
| Deferred revenue | $16,144 |
| 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 | $28,465 |
| Total liabilities | $49,339 |
| Net assets without donor restrictions | $51,464 |
| 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 | $100,803 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Montclair Orchestra Inc has recieved totaling $45,015.
| Awarding Organization | Amount |
|---|---|
Achelis And Bodman Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Frank & Lydia Bergman Foundation Las Vegas, NV PURPOSE: GENERAL OPERATING | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philharmonic-Symphony Society Of New York Inc New York, NY | $534,569,080 | $138,634,882 |
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
New Jersey Symphony Orchestra Newark, NJ | $12,634,412 | $12,910,552 |
Buffalo Philharmonic Orchestra Society Inc Buffalo, NY | $15,185,404 | $13,394,584 |
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |
Harrisburg Symphony Association Harrisburg, PA | $13,261,535 | $3,046,479 |
Allentown Symphony Association Inc Allentown, PA | $15,521,853 | $2,408,487 |
Albany Symphony Orchestra Inc Albany, NY | $12,413,747 | $2,273,007 |
Philadelphia Youth Orchestra Philadelphia, PA | $1,696,190 | $1,961,434 |