Creative Music Foundation Inc
- Assets
- $18.3k
- Revenue
- $206.9k
- Investments
- $106.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 08/1974
- Data as of
- 12/2023
- EIN
- 23-7390187
Organization Overview
Creative Music Foundation Inc is located in New York, NY. The organization was established in 1974. 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 12/2023, Creative Music Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Music Foundation 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 12/2023, Creative Music Foundation Inc generated $206.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $204.8k during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATIVE MUSIC FOUNDATIONS PURSUES ITS MISSION THROUGH WORKSHOPS, RESIDENCIES, COACHING, CONCERT PERFORMANCES, RECORDINGS AND ARCHIVAL PROJECTS IN THE USA AND AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VAST LEGACY OF CMSS FOUNDERS IS CELEBRATED THROUGH ITS MONTHLY CREATIVE IMPROVISERS ORCHESTER (CIO) PERFORMANCES. EACH CIO PERFORMANCE BRINGS TOGETHER 15-25 DIVERSE MUSICIANS WHO HAVE A ONE-HOUR OPEN REHEARSAL OPEN TO THE PUBLIC IN WHICH CONDUCTORS WORK WITH THE GROUP ON THEMES, MELODIES FROM THE WORLDS FOLK TRADITIONS, AND COMPOSITIONS WRITTEN BY LEGENDARY IMPROVISERS ASSOCIATED WITH CMS. FOLLOWING THE OPEN REHEARSAL THE ORCHESTRA PERFORMS FULLY REALIZED VERSIONS OF THE SAME COMPOSITIONS.
THE CMS IMPROVISERS ENSEMBLE (CIE) LIFTS UP DIVERSE UP-AND-COMING ARTISTS, GIVING THEM A CHANCE TO LEAD AND SHAPE THE FUTURE OF IMPROVISED MUSIC. CIE IS CURRENTLY CONDUCTED BY A QUEER AND TRANS BIPOC MULTI INSTRUMENTALIST, WHO SELECTS MUSICIANS OF SIMILARLY DIVERSE DEMOGRAPHICS TO PLAY IN CONCERT PROGRAMS PRESENTED NEW YORK CITY. AS A WAY OF FURTHER BRINGING ELDER AND YOUNGER GENERATIONS OF MUSICIANS TOGETHER IN A DYNAMIC MUSICAL EXCHANGE.
CMS WORKSHOPS OFFER EDUCATIONAL OPPORTUNITIES TO PROFESSIONAL AND AMATEUR MUSICIANS, ADULTS INTERESTED IN LIFELONG LEARNING, AND EVEN TO FANS OF THE MUSIC WHO DONT PLAY AN INSTRUMENT. EACH WORKSHOP TYPICALLY FEATURES A GUIDING ARTIST OR MULTIPLE GUIDING ARTISTS AND 18-25 PARTICIPANTS. CMS WORKSHOPS FOSTER ACTIVE LISTENING, PERSONAL EXPRESSION, IMPROVISATION AND MUSICAL EXPLORATION. THE NON-TRADITIONAL ATMOSPHERE OF A CMS WORKSHOP ENCOURAGES PARTICIPANTS TO EXPERIMENT, PUSH BEYOND LIMITS, GENRES AND CATEGORIES, AND TO TAKE RISKS. WORKSHOPS MAY BE AS SHORT AS A HALF DAY OR AS LONG AS THREE DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Martin President | Officer | 45 | $78,510 |
Karl Berger Director | Trustee | 3 | $7,150 |
Mitch Van Dusen Director | Trustee | 10 | $0 |
Ingrid Sertso Director | Trustee | 2 | $15,350 |
Mike Gassmann Director | Trustee | 5 | $0 |
Hollis Hedrick Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,455 |
| Total Program Service Revenue | $24,409 |
| Investment income | $5 |
| 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 | $206,869 |
| 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. | $92,460 |
| Compensation of current officers, directors, key employees. | $15,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $513 |
| Fees for services: Accounting | $7,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,267 |
| Advertising and promotion | $30 |
| Office expenses | $5,274 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,262 |
| 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 | $81 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $204,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,808 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,400 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $106 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,314 |
| Accounts payable and accrued expenses | $11,572 |
| 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 | $11,572 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $6,742 |
| Total liabilities and net assets/fund balances | $18,314 |