Festival Of The Atlantic Inc
- Assets
- $74.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Neptune, NJ
- Founding
- 05/1990
- Data as of
- 12/2021
- EIN
- 22-2974759
Organization Overview
Festival Of The Atlantic Inc is located in Neptune, NJ. The organization was established in 1990. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, 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. Festival Of The Atlantic 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, Festival Of The Atlantic Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $3.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PERIODIC PERFORMANCES OF CHORAL & SYMPHONIC MUSIC ATTENDED BY THE GENERAL PUBLIC ARE PERFORMED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Alphonse Stephenson President | 1 | $0 | |
Angela Amabile Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,107 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,107 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,350 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,168 |
| Total expenses | $3,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,201 |
| Other assets | $0 |
| Total assets | $74,277 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,277 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Festival Of The Atlantic Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Manasquan Bank Charitable Foundation Inc Wall Township, NJ PURPOSE: OPERATIC PERFORMANCES | $1,000 |
Manasquan Bank Charitable Foundation Inc Wall Township, NJ PURPOSE: OPERATIC PERFORMANCES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Peoples Chorus Of New York City Inc New York, NY | $5,108,088 | $5,381,162 |
Black Lily Inc Philadelphia, PA | $3,931,726 | $4,267,503 |
Bach Choir Of Bethlehem Bethlehem, PA | $8,668,443 | $1,522,038 |
Brooklyn Youth Chorus Academy Inc Brooklyn, NY | $4,251,363 | $1,486,851 |
Mastervoices Inc New York, NY | $779,342 | $1,755,720 |
Zamir Choral Foundation Inc New York, NY | $1,054,675 | $1,768,406 |
Teutonia Maennerchor Of Allegheny City Pittsburgh, PA | $434,873 | $973,808 |
The Choir School Of Delaware Inc Wilmington, DE | $1,170,051 | $1,493,529 |
Philadelphia Boys And Girls Choirs Philadelphia, PA | $1,941,949 | $771,480 |
Westrick Music Academy Inc Princeton Jct, NJ | $619,346 | $775,626 |
Rock To The Future Philadelphia, PA | $549,869 | $840,748 |
Albany Pro Musica Inc Troy, NY | $1,087,348 | $710,352 |