Caramoor Center For Music & The Arts Inc

Organization Overview

Caramoor Center For Music & The Arts Inc is located in Katonah, NY. The organization was established in 1946. 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, Caramoor Center For Music & The Arts Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caramoor Center For Music & The Arts 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 12/2020, Caramoor Center For Music & The Arts Inc generated $6.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

MUSICAL PERFORMANCES - SEE SCHEDULE O


ROSEN HOUSE, GARDENS AND ESTATE - SEE SCHEDULE OTHE ROSEN HOUSE IS A MEDITERRANEAN REVIVAL VILLA AT THE CENTER OF THE CARAMOOR CAMPUS. IN RECOGNITION OF THE UNSURPASSED QUALITY AND GREAT QUANTITY OF EUROPEAN PERIOD ROOMS INCORPORATED IN THE HOUSE, CARAMOOR WAS RECOGNIZED AS NATIONALLY SIGNIFICANT ON THE NATIONAL REGISTER OF HISTORIC PLACES IN 2011. BUILT IN THE 1930S, THE ROSEN HOUSE NOW SERVES AS A CONCERT VENUE, MUSEUM, AND ARCHIVE. IN 2021, WE UPDATED AND MODIFIED MANY OF THE ROOMS IN THE SOUTHWEST WING OF THE ROSEN HOUSE. WE ADDED SIGNAGE, UPDATED LIGHTING AND DISPLAYS, AND RELOCATED SOME OF ART TO HELP OUR VISITORS HAVE A SENSE OF THE FOUNDATIONS OF CARAMOOR AND OF THE ROSENS AS PATRONS OF MUSIC AND THE ARTS. WE ALSO REDESIGNED SOME OF THE ROOMS IN THE NEW WING, THE AREA THAT WAS ADDED BY THE ROSENS' DAUGHTER, ANNE BIGELOW ROSEN, IN 1968, AFTER LUCIE ROSEN DIED. THESE ROOMS NOW DISPLAY LUCIE'S THEREMIN, ALONG WITH SIGNAGE DESCRIBING LUCIE'S INFLUENCE AND SUPPORT FOR THE ELECTRONIC INSTRUMENT.


MENTORING AND ARTS-IN-EDUCATION - SEE SCHEDULE OTHE 81-ACRE CARAMOOR CAMPUS IS COMPRISED OF FOUR PRIMARY BUILDINGS TODAY KNOWN AS THE ROSEN HOUSE, THE ADMINISTRATION BUILDING, THE GIFFORD RESIDENCE, AND THE DIANE MOSS EDUCATION CENTER'S WELL AS ANCILLARY BUILDINGS AND LANDSCAPE FEATURES, GARDENS, LAWNS, AND WOODLAND AREAS. A CENTRAL FOCUS OF THE CAMPUS IS THE VENETIAN THEATER, A TENTED, 1,500-SEAT VENUE.FORTY-FIVE ACRES OF THE CAMPUS IS DEER-FENCED AND OPEN TO THE VISITING PUBLIC, INCLUDING THE SUNKEN GARDEN, ESTABLISHED IN 1912; A MEDITERRANEAN REVIVAL PAVILION; AN ALLEY OF CEDAR TREES; AND A NUMBER OF GARDENS DESIGNED IN THE 1930S BY LANDSCAPE ARCHITECT AND KATONAH RESIDENT ROBERT LUDLOW FOWLER, JR.


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Board, Officers & Key Employees

Name (title)Compensation
Edward Lewis III
CEO
$256,650
Nina Curley
Chief Development Officer
$219,437
Katherine Schuman
Vp, Artistic Prgm. & Exec.
$198,098
Tammy Belanger
Vp, CFO
$159,710
Tahra Delfin
Vp, Chief Marketing Office
$143,503
James A Attwood Jr
Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Andron Contruction Corp
Facility Renovation Contractor
$476,026
Morgan Stanley Smith Barney Llc
Investment Management Fees
$155,392
Total Lospoto Landscaping Inc
Facility Renovation Contractor
$139,425
Great Performances
Food Services
$139,410
Progressive Computing Inc
Technological Services
$100,925
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,343,180
Investment income $596,497
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $168
Net Gain/Loss on Asset Sales $344,522
Net Income from Fundraising Events -$181,250
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$1,306
Miscellaneous Revenue$0
Total Revenue $6,140,543

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Caramoor Center For Music & The Arts Inc has recieved totaling $19,500.

Awarding OrganizationAmount
Andree Wildenstein Dormeuil And Roger Dormeuil Foundation

Armonk, NY

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS.

$15,000
Woodland Foundation Inc

New York, NY

PURPOSE: GENERAL EXPENSES

$5,000
Rita Rudel Foundation

New York, NY

PURPOSE: GRANT REFUNDED

-$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$33,515,767
Earnings$4,024,508
Net Contributions$1,236,550
Other Expense$881,493
Ending Balance$37,895,332

Peer Organizations

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