Bach Akademie Charlotte
- Assets
- -$767.0
- Revenue
- $279.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 01/2018
- Data as of
- 06/2023
- EIN
- 82-2472670
Organization Overview
Bach Akademie Charlotte is located in Charlotte, NC. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bach Akademie Charlotte 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, Bach Akademie Charlotte generated $279.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $279.8k during the year ending 06/2023. While expenses have increased by 16.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING COMMUNITY THROUGH PERFORMANCES AND EDUCATIONAL PROGRAMMING FOCUSED ON THE MUSIC OF BACH AND HIS BAROQUE CONTEMPORARIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING FOR THE FISCAL YEAR/SEASON INCLUDED THREE MAJOR PROJECTS: 1) "FIRST IN FLIGHT," A THREE-DAY INTRODUCTION OF THE BACH AKADEMIE ORCHESTRA IN FALL 2022 TO AUDIENCES IN CHARLOTTE (NC), ASHEVILLE (NC), AND LANCASTER (SC), FEATURING THE MUSIC OF BACH, CORELLI, AND HANDEL. 2) "VENETIAN VESPERS," A CONCERT HELD IN CHARLOTTE IN MARCH, BROUGHT THE MYSTERY AND MAGIC OF CLAUDIO MONTEVERDI'S VENICE TO AN ENTHUSIASTIC AUDIENCE. TO AN ENTHUSIASTIC AUDIENCE. 3) THE CAPSTONE EVENT OF THE SEASON WAS THE CHARLOTTE BACH FESTIVAL, WHICH INCLUDED SEVEN EVENTS HELD OVER FIVE DAYS IN JUNE: A HARP RECITAL AT A LOCAL BREWERY; THE OPENING CONCERT FEATURING PARTS I AND II OF BACH'S CHRISTMAS ORATORIO; AN ORGAN RECITAL BY AN INTERNATIONALLY ACCLAIMED ARTIST; TWO DAY-TIME EDUCATIONAL SESSIONS WITH LECTURE, DEMONSTRATION, AND PERFORMANCE COVERING PARTS III AND IV, RESPECTIVELY; A RECITAL HIGHLIGHTING THE MEMBERS OF OUR FOURTH COHORT OF THE VOCAL FELLOWS PROGRAM; AND A CLOSING CONCERT IN WHICH THE FINAL TWO PARTS OF THE CHRISTMAS ORATORIO WERE PERFORMED. BOTH THE OPENING AND CLOSING CONCERTS WERE BROADCAST LIVE BY CLASSICAL PUBLIC RADIO STATION WDAV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett R Murphy Executive Director | Officer | 10 | $21,700 |
Scott A Jarrett Artistic Director | Officer | 10 | $10,260 |
Elizabeth Hindal President | Officer | 10 | $0 |
John Gorman Treasurer | Officer | 2 | $0 |
Reta Phifer Secretary | Officer | 2 | $0 |
Joe Few Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,074 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,074 |
| Total Program Service Revenue | $44,851 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,925 |
| 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. | $39,052 |
| Compensation of current officers, directors, key employees. | $39,052 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,883 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $18,280 |
| Office expenses | $13,686 |
| Information technology | $603 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $76,605 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,178 |
| All other expenses | $16,561 |
| Total functional expenses | $279,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$767 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | -$767 |
| 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 | $40,071 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,071 |
| 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 | -$40,838 |
| Total liabilities and net assets/fund balances | -$767 |