Masterworks Chorale
- Assets
- $154.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 01/1979
- Data as of
- 06/2022
- EIN
- 34-1249369
Organization Overview
Masterworks Chorale is located in Toledo, OH. The organization was established in 1979. 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. Masterworks Chorale 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 06/2022, Masterworks Chorale generated $60.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $43.0k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MASTERWORKS CHORALE IS AN ENSEMBLE OF MIXED VOICES WHOSE PURPOSE IS TO PERFORM A WIDE VARIETY OF CHORALE LITERATURE AT VARIOUS COMMUNITY EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Cloeter Artistic Director | 8 | $23,107 | |
Meghan Schmidbauer President | 5 | $0 | |
Jim Witter Vice President | 3 | $0 | |
Ellie Routt Secretary | 1 | $0 | |
Colleen Geftos Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,623 |
| Total Program Service Revenue | $9,213 |
| Membership dues | $1,794 |
| Investment income | $6,005 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $417 |
| Other Revenue | $0 |
| Total Revenue | $60,279 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,500 |
| Professional fees and other payments to independent contractors | $7,742 |
| Occupancy, rent, utilities, and maintenance | $871 |
| Printing, publications, postage, and shipping | $9,377 |
| Other expenses | $6,461 |
| Total expenses | $42,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,045 |
| Other assets | $0 |
| Total assets | $154,045 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,045 |