Continuo Arts Foundation Inc
- Assets
- $68.1k
- Revenue
- $285.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Summit, NJ
- Founding
- 09/2008
- Data as of
- 12/2023
- EIN
- 65-1320288
Organization Overview
Continuo Arts Foundation Inc is located in Summit, NJ. The organization was established in 2008. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Continuo Arts Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Continuo Arts Foundation 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 12/2023, Continuo Arts Foundation Inc generated $285.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $281.2k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MUSIC EDUCATION PERFORMANCE AND EXPOSURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAF CHORAL PROGRAM - THE CONTINUO ARTS NINE CHORAL ENSEMBLES EXPERIENCED CONTINUED GROWTH IN 2023. ALL OF THE ENSEMBLES GREW IN SIZE TO APPROXIMATELY ONE HUNDRED AND FORTY-FOUR MEMBERS AND FAMILIES BEING SERVED EACH WEEK. ENSEMBLES WERE FEATURED IN LARGE SCALE LOCAL CONCERTS AS WELL AS NUMEROUS COMMUNITY SERVICE APPEARANCES. AS A RESULT OF LARGE ENROLLMENT, CURRICULUM FOR THE THREE CHILDREN'S CHOIR ENSEMBLES WAS ADAPTED AND FACULTY ENLARGED. WORKING IN PARTNERSHIP WITH MEMBERS, PATRONS, CORPORATE AND PRIVATE SPONSORS, CONTINUO ARTS CONTINUED TRUE TO OUR MISSION BY MAKING POSSIBLE THE EDUCATION, PERFORMANCE AND COMPOSITION OF MUSIC IN WAYS WHICH MIGHT OTHERWISE BE CONSIDERED TOO UNIQUE OR TOO EXPENSIVE TO BE ORDINARILY UNDER TAKEN; GIVING PRECEDENCE TO CONSIDERATIONS OF QUALITY OVER THOSE OF QUANTITY; TO ARTISTIC RATHER THAN TO ECONOMIC VALUES AND TO OPPORTUNITY OVER EXPEDIENCY.
CAF CONSERVATORY - PROVIDE PRIVATE STUDIES IN VOICE, PIANO AND A VARIETY OF INSTRUMENTS. IN ADDITION. MUSICAL THEATER WORKSHOPS, AUDITION PREP, AND MUSIC SESSIONS ARE AVAILABLE. A STAFF OF EXEMPLARY WOKING MUSICIANS MOST WITH MASTERS TO DOCTORATE DEGREES ARE COMMITTED TO THE ARTISTIC GROWTH, DEVELOPMENT AND ACHIEVEMENTS OF EACH INDIVIDUAL STUDENT. LESSONS TAKE PLACE IN OUR CONSERVATORY STUDIOS.
CONCERT PRODUCTIONS - CONTINUO ARTS PRODUCED TWO MAJOR SHOWS IN 2023 PRESENTED IN SUMMIT, NEW JERSEY. EACH INVOLVED THE ORGANIZATION'S MEMBERSHIP WITH ORCHESTRA. IN ADDITION, CHORISTERS PERFORMED FOR TWO CARNEGIE HALL APPEARANCES AND AN INTERNATIONAL CONCERT TOUR IN ITALY. YOUTH ENSEMBLES WERE FEATURED AT THE ANNUAL GALA ALONG WITH SOLOISTS AND A BENNY GOODMAN STYLE BIG BAND. PRODUCTION LEVELS, AUDIENCE DEVELOPMENT AND PARTICIPATION AND PUBLIC RECEPTION SURPASSED EXPECTATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Wicke Executive Director | OfficerTrustee | 40 | $62,000 |
Daniel Apruzzese Treasurer | OfficerTrustee | 2 | $0 |
Jean Marie Apruzzese Executive Board | Trustee | 1 | $0 |
William Hammond Executive Board | Trustee | 1 | $0 |
Noni Macpherson Executive Board | Trustee | 1 | $0 |
Suraj Alva Executive Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,044 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,555 |
| Total Program Service Revenue | $138,501 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,724 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,000 |
| Compensation of current officers, directors, key employees. | $62,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,890 |
| Payroll taxes | $5,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,576 |
| Advertising and promotion | $7,323 |
| Office expenses | $20,568 |
| Information technology | $12,478 |
| Royalties | $0 |
| Occupancy | $53,625 |
| Travel | $5,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,371 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $998 |
| Insurance | $3,299 |
| All other expenses | $1,849 |
| Total functional expenses | $281,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,864 |
| Savings and temporary cash investments | $2,457 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,828 |
| Investments—publicly traded securities | $10,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $68,149 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $68,149 |
| Total liabilities and net assets/fund balances | $68,149 |