Phoenix Chamber Music Society
- Assets
- $945.6k
- Revenue
- $591.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Phoenix, AZ
- Founding
- 12/1962
- Data as of
- 06/2022
- EIN
- 86-6052614
Organization Overview
Phoenix Chamber Music Society is located in Phoenix, AZ. The organization was established in 1962. 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 06/2022, Phoenix Chamber Music Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Chamber Music Society 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, Phoenix Chamber Music Society generated $591.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $532.4k during the year ending 06/2022. While expenses have increased by 2.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP CHAMBER MUSIC IN THE PHOENIX AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEASON - IN THE LAST FEW YEARS WE HAVE HAD PERFORMANCES BY VARIOUS GROUPS - THE HARLEM STRING QUARTET, YING STRING QUARTET, LA GUITAR QUARTET, AND THE IMANI WIND QUINTET ALL OF WHOM BRING IN DIVERSE IN AGE, AND ETHNICITY POPULATIONS AND SELL OUT THEIR PERFORMANCES. EACH OF THESE ENSEMBLES ALSO PERFORMS MASTER CLASSES, DEMONSTRATIONS AND PERFORMANCES WITH STUDENTS IN THE ARIZONA SCHOOL FOR THE ARTS AND ROSIES HOUSE.
FESTIVAL - PHOENIX CHAMBER MUSIC SOCIETY SERVES PEOPLE WHO HAVE A PASSION FOR CHAMBER MUSIC, STUDENTS IN SCHOOLS STUDYING MUSIC, PEOPLE WHO WANT TO LEARN ABOUT CHAMBER MUSIC, AND PEOPLE WHO COME FROM OTHER STATES AND COUNTRIES FOR OUR WEEK-LONG WINTER FESTIVAL WITH ARTISTIC DIRECTOR, DAVID SHIFRIN, INTERNATIONALLY-RENOWNED CLARINETIST. RECOGNIZING THE UNIQUE STRUCTURE OF CHAMBER MUSIC, IT HAS BEEN OUR GOAL TO ENGAGE CURRENT AND POTENTIAL AUDIENCE MEMBERS OF ALL AGES IN THE INTIMATE SETTING OF CHAMBERMUSIC IN VARIOUS VENUES IN THE VALLEY. WITH A MIX OF CLASSICAL ENSEMBLES WHO HAVE BEEN PERFORMING FOR MANY YEARS, AND A NEW GENRE OF PRACTITIONERS WHO COMPOSE AND PLAY A MUCH MORE MODERN VERSION OF CHAMBER MUSIC.
EDUCATION FUND - THE RICHARD & LINDA WHITNEY MUSIC SCHOLARSHIP FUND AND THE PHOENIX CHAMBER MUSIC SOCIETY PROVIDE FREE TICKETS TO ALL OF THE SOCIETY CONCERTS FOR TWO STUDENTS PER SCHOOL TO ATTEND EACH CONCERT WITH THEIR PARENTS. IN ADDITION, THE STUDENTS RECEIVE A $25 MUSIC SCHOLARSHIP TO HELP PAY FOR MUSIC-RELATED EXPENSES. THE STUDENTS ORCHESTRA TEACHER ALSO RECEIVES A $50 HONORARIUM FOR ATTENDING THE CONCERT. ADDITIONAL EDUCATIONAL PROGRAM EXPENSES INCLUDE THE COST OF MUSICIANS TO PROVIDE MASTER CLASSES FOR STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Green Executive Director | OfficerTrustee | 40 | $55,000 |
Judy Stern Director | Trustee | 1 | $0 |
Michael Reed Director | Trustee | 1 | $0 |
Marlene Rausch-Phinney Secretary | Trustee | 1 | $0 |
Muriel Stone Johnson Director | Trustee | 1 | $0 |
Yuna Kang Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,417 |
| All other contributions, gifts, grants, and similar amounts not included above | $395,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,807 |
| Total Program Service Revenue | $121,190 |
| 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 | $718 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $591,715 |
| 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. | $55,000 |
| Compensation of current officers, directors, key employees. | $19,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,130 |
| Payroll taxes | $5,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $327,029 |
| Advertising and promotion | $23,294 |
| Office expenses | $6,586 |
| Information technology | $4,160 |
| Royalties | $0 |
| Occupancy | $18,783 |
| Travel | $22,587 |
| 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 | $5,667 |
| Insurance | $3,625 |
| All other expenses | $0 |
| Total functional expenses | $532,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,912 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $3,678 |
| Prepaid expenses and deferred charges | $16,193 |
| Net Land, buildings, and equipment | $56,674 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $612,149 |
| Total assets | $945,606 |
| Accounts payable and accrued expenses | $17,068 |
| Grants payable | $0 |
| Deferred revenue | $69,065 |
| 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 | $86,133 |
| Net assets without donor restrictions | $742,137 |
| Net assets with donor restrictions | $117,336 |
| 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 | $945,606 |