Concerts In Motion Inc
- Assets
- $1.7m
- Revenue
- $960.5k
- Investments
- $0.0
- Employees
- 81
- Location
- New York, NY
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 27-1367692
Organization Overview
Concerts In Motion Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Concerts In Motion Inc employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concerts In Motion 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, Concerts In Motion Inc generated $960.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $980.1k during the year ending 12/2021. While expenses have increased by 14.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES MUSIC CONCERTS TO THE HOMEBOUND, HOSPITALIZED AND OTHERWISE ISOLATED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES MUSIC CONCERTS TO THE HOMEBOUND, HOSPITALIZED AND OTHERWISE ISOLATED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Finn Executive Di | Officer | 50 | $170,000 |
Rhett Brandon Co-President | OfficerTrustee | 2 | $0 |
Joseph Girven Treasurer/se | OfficerTrustee | 2 | $0 |
David Muller Vice Preside | OfficerTrustee | 2 | $0 |
Deborah Korzenik Co-President | OfficerTrustee | 2 | $0 |
Carol Chiang Li Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $247,028 |
| Related organizations | $0 |
| Government grants | $57,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $655,580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $959,908 |
| Total Program Service Revenue | $0 |
| Investment income | $553 |
| 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 | $960,461 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $668,140 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,583 |
| Payroll taxes | $64,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $66,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,596 |
| Advertising and promotion | $0 |
| Office expenses | $4,996 |
| Information technology | $15,783 |
| Royalties | $0 |
| Occupancy | $12,171 |
| Travel | $414 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $732 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,689 |
| All other expenses | $1,736 |
| Total functional expenses | $980,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,442 |
| Savings and temporary cash investments | $608,787 |
| Pledges and grants receivable | $916,125 |
| 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 | $27,253 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $1,668,907 |
| Accounts payable and accrued expenses | $17,250 |
| 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 | $17,250 |
| Net assets without donor restrictions | $572,672 |
| Net assets with donor restrictions | $1,078,985 |
| 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 | $1,668,907 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Concerts In Motion Inc has recieved totaling $222,798.
| Awarding Organization | Amount |
|---|---|
Eugene M Lang Foundation New York, NY PURPOSE: GENERAL | $151,500 |
New York Foundation For Elder Care New York, NY PURPOSE: CONCERTS FOR NORC RE | $26,700 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $16,598 |
Jean And Louis Dreyfus Foundation Inc New York, NY PURPOSE: ARTS GRANTS | $10,000 |
Atran Foundation Inc Englewood, NJ PURPOSE: JEWISH HERITAGE SERIES | $10,000 |
The Burgstahler Foundation New York, NY PURPOSE: SOCIAL SERVICES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Opera Guild Inc New York, NY | $11,636,908 | $9,957,948 |
Opera Philadelphia Philadelphia, PA | $10,821,353 | $11,047,971 |
Pittsburgh Opera Inc Pittsburgh, PA | $33,685,056 | $15,132,156 |
Glimmerglass Opera Theatre Inc Cooperstown, NY | $19,222,270 | $8,564,842 |
Civic Light Opera Association Pittsburgh, PA | $18,382,442 | $7,903,885 |
Fulton Theatre Company Lancaster, PA | $42,962,045 | $8,952,577 |
Boston Lyric Opera Company Boston, MA | $24,492,285 | $7,326,686 |
New York City Opera Inc New York, NY | $2,464,472 | $3,221,600 |
American Friends Of The Paris Opera & Ballet New York, NY | $1,099,480 | $1,059,401 |
Concerts In Motion Inc New York, NY | $1,668,907 | $960,461 |
Lake George Opera Festival Association Inc Saratoga Springs, NY | $321,221 | $1,192,996 |
Pittsburgh Opera Theater Inc Pittsburgh, PA | $277,338 | $656,627 |