Crossing Borders Music Collective
- Assets
- $59.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2012
- Data as of
- 06/2023
- EIN
- 45-4368130
Organization Overview
Crossing Borders Music Collective is located in Chicago, IL. The organization was established in 2012. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Crossing Borders Music Collective 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 06/2023, Crossing Borders Music Collective generated $136.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $136.0k during the year ending 06/2023. While expenses have increased by 18.4% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
APPROXIMATELY 3,174 K-12 STUDENTS ATTENDED 10 IN-SCHOOL/EDUCATIONAL MUSIC PROGRAMS. 21 IN-PERSON PROGRAMS REACHED APPROXIMATELY 1,220 PEOPLE. CROSSING BORDERS MUSIC CREATED 7 LIVESTREAMS AND VIDEOS THAT WERE VIEWED OVER 27,550 TIMES, 19200 (YOUTUBE VIEWS IN FY23) + 4800 (FB VIEWS IN FY23) + 3557 (STREAMABLE LEARNING VIEWS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Smith Past-President | 1 | $0 | |
Michael King Secretary | 1 | $0 | |
Thomas Denio Treasurer | 1 | $0 | |
Mi Ran Choi Director | 1 | $0 | |
John Larson Vice President | 1 | $0 | |
Thomas Clowes Co-Executive Director And Cellist | 40 | $43,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,702 |
| Total Program Service Revenue | $23,550 |
| Membership dues | $0 |
| Investment income | $225 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,803 |
| Professional fees and other payments to independent contractors | $41,664 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $92 |
| Other expenses | $33,739 |
| Total expenses | $135,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,252 |
| Other assets | $0 |
| Total assets | $59,252 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,252 |