Masterworks Chorale Inc is located in Belleville, IL. The organization was established in 1983. 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 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 06/2024, Masterworks Chorale Inc generated $71.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $92.6k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
PRESENTATION OF FINE CHORAL WORKS; PROMOTE INTEREST IN CHORAL MUSIC AND ACCOMPLISH THIS BY PRODUCING CONCERTS FOR GENERAL PUBLIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Farrell Chair | 2 | $0 | |
Robert Miller Vice-Chair | 1 | $0 | |
Vanessa Wahler Secretary | 4 | $0 | |
Wayne Wagner Treasurer | 2 | $0 | |
James Campbell Director | 1 | $0 | |
Christa Jenkins Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,378 |
| Total Program Service Revenue | $17,399 |
| Membership dues | $5,825 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$380 |
| Other Revenue | $0 |
| Total Revenue | $71,222 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,534 |
| Professional fees and other payments to independent contractors | $51,084 |
| Occupancy, rent, utilities, and maintenance | $2,772 |
| Printing, publications, postage, and shipping | $2,266 |
| Other expenses | $7,966 |
| Total expenses | $92,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,946 |
| Other assets | $0 |
| Total assets | $7,946 |
| Total liabilities | $32,507 |
| Net assets or fund balances | -$24,561 |