Piano Spheres
- Assets
- $50.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2001
- Data as of
- 06/2024
- EIN
- 91-2106973
Organization Overview
Piano Spheres is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piano Spheres 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 06/2024, Piano Spheres generated $124.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $181.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCE PROMOTE AND PRESENT MUSICAL PERFORMANCES FOR THE PUBLIC IN SOUTHERN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3
DURING FY 2022-23 PIANO SPHERES PRESENTED OUR SUMMER JAZZ SERIES FROM JULY 23-30 THAT FEATURED JAMAEL DEAN AND THE PAUL CORNISH TRIO. A TOTAL OF SEVEN MUSICIANS WERE FEATURED AND AUDIENCE ATTENDANCE WAS OVER 300 INDIVIDUALS. FROM OCTOBER 4TH THROUGH 18TH WE PRESENTED OUR EMERGING ARTIST SERIES WHICH FEATURED MARI KAWAMURA AND DAVID NEWMAN-LESSLER. THE TWO MUSICIANS ENTERTAINED NEARLY 400 INDIVIDUALS. IN ADDITION WE PRESENTED THE FOLLOWING PERFORMANCES THROUGHOUT THE REST OF THE FISCAL YEAR: SEPTEMBER 20TH VICKI RAY PERFORMED FOR 233 INDIVIDUALS; DECEMBER 7TH CONNOR HANNICK PERFORMED FOR AN AUDIENCE OF 343 INDIVIDUALS; DECEMBER 7TH HOCKET FEATURED 4 MUSICIANS AND THE AUDIENCE TOTALLED 353; FEBRUARY 18TH WILLIAM CHAPMAN NYAHO WAS FEATURED IN A PUBLIC WORKSHOP FEATURING FOUR MUSICIANS AND ATTENDED BY 24 STUDENTS; FEBRUARY 28TH WILLIAM CHAPMAN NYAHO WAS FEATURED IN A CONCERT ATTENDED BY 187 INDIVIDUALS; MARCH 5TH LEONARD HAYES ENTERTAINED 58 AUDIENCE MAMBERS; MARCH 28TH A CONCERT FEATURING ARTIST GLORIA CHENG WAS ATTENDED BY 356 INDIVIDUALS; MAY 16TH ARON KALLAY PERFORMED ATTENDED BY 137 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jess Morton President | 5 | $0 | |
Mary Hannon Secretary | 3 | $0 | |
Aron Kallay Foundation Mgr. | 3 | $0 | |
Katherine Kotcheff Foundation Mgr. | 3 | $0 | |
Mark Saltzman Foundation Mgr. | 3 | $0 | |
Heidi Lesemann Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,234 |
| Total Program Service Revenue | $8,001 |
| Membership dues | $0 |
| Investment income | $100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,335 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,100 |
| Professional fees and other payments to independent contractors | $25,252 |
| Occupancy, rent, utilities, and maintenance | $382 |
| Printing, publications, postage, and shipping | $8,197 |
| Other expenses | $85,312 |
| Total expenses | $181,243 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,135 |
| Other assets | $0 |
| Total assets | $50,135 |
| Total liabilities | $11,100 |
| Net assets or fund balances | $39,035 |