Key West Impromptu Classical Concerts Inc
- Assets
- $280.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Key West, FL
- Founding
- 05/1979
- Data as of
- 05/2022
- EIN
- 59-1735835
Organization Overview
Key West Impromptu Classical Concerts Inc is located in Key West, FL. The organization was established in 1979. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Key West Impromptu Classical Concerts 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 05/2022, Key West Impromptu Classical Concerts Inc generated $177.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $143.1k during the year ending 05/2022. While expenses have increased by 8.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A MINIMUM OF SIX CLASSICAL CONCERTS ANNUALLY PERFORMED BY PROFESSIONAL MUSICIANS OF THE HIGHEST CALIBER FOR THE EDUCATION AND ENJOYMENT OF CITIZENS AND VISITORS TO KEY WEST AND THE LOWER KEYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prudence Churchill Director | 1 | $0 | |
David Eyer Director | 1 | $0 | |
Rita A Couch Treasurer | 2 | $0 | |
George Korn President | 10 | $0 | |
Mary Taylor Director | 1 | $0 | |
Walter Schmida Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,900 |
| Total Program Service Revenue | $42,649 |
| Membership dues | $0 |
| Investment income | $5,744 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,874 |
| Total Revenue | $177,167 |
| 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 | $5,820 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $378 |
| Other expenses | $136,923 |
| Total expenses | $143,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,976 |
| Other assets | $0 |
| Total assets | $280,610 |
| Total liabilities | $5,537 |
| Net assets or fund balances | $275,073 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Key West Impromptu Classical Concerts Inc has recieved totaling $10,900.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of The Florida Keys Key West, FL PURPOSE: 50th Anniversary Endowment support, general operating support | $5,900 |
Ferris Foundation Inc New York, NY PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Dunedin Fine Arts Cultural Center Inc Dunedin, FL | $9,442,187 | $2,311,828 |
Ocean Reef Cultural Center Inc Key Largo, FL | $38,541,149 | $2,233,554 |
Pensacola Retirement Village Inc Orlando, FL | $4,149,191 | $1,797,373 |
Iris & B Gerald Cantor Foundation Palm Beach, FL | $24,280,811 | $1,163,888 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |