Rites Of Spring Music Festival Inc
- Assets
- $30.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southold, NY
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-3695345
Organization Overview
Rites Of Spring Music Festival Inc is located in Southold, NY. The organization was established in 2018. 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. Rites Of Spring Music Festival 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 12/2021, Rites Of Spring Music Festival Inc generated $65.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $52.8k during the year ending 12/2021. While expenses have increased by 20.1% 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
2021
Describe the Organization's Program Activity:
Part 3
TO HOST A MUSIC FESTIVAL THAT SEEKS TO INVOLVE, ENRICH AND INSPIRE THE COMMUNITY AND AUDIENCES BY PROVIDING EXCEPTIONAL CLASSICAL AND CONTEMPORARY MUSIC EVENTS IN UNCONVENTIONAL AND STUNNING VENUES WHICH PERMIT SITE- SPECIFIC CREATIVE EXPERIENCES AND EDUCATIONAL OUTREACH ACTIVITIES COMBINING MUSIC, NATURAL LANDSCAPES AND HISTORIC SITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Goivanni Borghese Treasurer | 2 | $0 | |
Joan H Bischoff Van Heemskerck Chairman Of | 1 | $0 | |
Paolo Bartolani Executive Di | 15 | $0 | |
Marina Deconciliis Board Member | 1 | $0 | |
Lauren Mccall Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,515 |
| Total Program Service Revenue | $30,316 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,580 |
| Total Revenue | $65,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,400 |
| Professional fees and other payments to independent contractors | $19,411 |
| Occupancy, rent, utilities, and maintenance | $11,597 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,401 |
| Total expenses | $52,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,460 |
| Other assets | $0 |
| Total assets | $30,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |