Cellobello Inc
- Assets
- $287.3k
- Revenue
- $326.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Boston, MA
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-3653547
Organization Overview
Cellobello Inc is located in Boston, MA. The organization was established in 2018. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Cellobello Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cellobello 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 12/2021, Cellobello Inc generated $326.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $221.2k during the year ending 12/2021. 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
NURTURE AND STRENGTHEN A GLOBAL CELLO COMMUNITY THROUGH FREE ONLINE INSTRUCTION AND ADVICE FROM RENOWNED CELLISTS AND TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FREE ONLINE RESOURCES RELATED TO PLAYING THE CELLO, INCLUDING LESSONS, MASTER CLASSES, INTERVIEWS AND INTERACTIVE CHATS WITH ARTIST- TEACHERS FROM THE SOLO, CHAMBER MUSIC, ORCHESTRAL AND TEACHING PROFESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Rund Executive Di | Officer | 40 | $102,000 |
Lorraine Idson Director, Se | OfficerTrustee | 5 | $0 |
Pei-Shan Lee Director | OfficerTrustee | 2 | $0 |
Edward Lesser Director, Tr | OfficerTrustee | 2 | $0 |
Paul Katz Chair, Presi | OfficerTrustee | 5 | $0 |
Natasha Brofsky Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $268,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,873 |
| Total Program Service Revenue | $57,254 |
| Investment income | $13 |
| 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 | $326,140 |
| 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 | $82,568 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,440 |
| Payroll taxes | $6,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,003 |
| Fees for services: Accounting | $875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,928 |
| Advertising and promotion | $797 |
| Office expenses | $5,094 |
| Information technology | $14,422 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,631 |
| 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 | $30 |
| All other expenses | $0 |
| Total functional expenses | $221,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,788 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $468 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $287,256 |
| Accounts payable and accrued expenses | $2,592 |
| 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 | $0 |
| Total liabilities | $2,592 |
| Net assets without donor restrictions | $240,164 |
| Net assets with donor restrictions | $44,500 |
| 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 | $287,256 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cellobello Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Bay And Paul Foundations Inc Wilmington, DE PURPOSE: ADMINISTRATIVE LEADERSHIP RESTRUCTURING | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Lincoln Center Inc New York, NY | $222,896,771 | $27,240,751 |
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |