Asheville Chamber Music Inc is located in Asheville, NC. The organization was established in 1982. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Asheville Chamber Music 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 06/2023, Asheville Chamber Music Inc generated $159.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $143.1k during the year ending 06/2023. While expenses have increased by 6.4% per year over the past 8 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
PROVIDED 5 VIRTUAL CHAMBER MUSIC CONCERTS WITH DIGITAL PROGRAMS FOR UP TO 399 MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilynne Herbert President | 20 | $0 | |
Mary Jo Laporte Secretary | 10 | $0 | |
William E Smyth Vice Preside | 15 | $0 | |
William L Gettys Treasurer | 25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,442 |
| Total Program Service Revenue | $5,885 |
| Membership dues | $0 |
| Investment income | $5,494 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,821 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $118,418 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,637 |
| Total expenses | $143,055 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $266,122 |
| Other assets | $0 |
| Total assets | $291,590 |
| Total liabilities | $4,836 |
| Net assets or fund balances | $286,754 |