Kendall Square Orchestra Inc
- Assets
- $99.0k
- Revenue
- $230.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, MA
- Founding
- Data as of
- 06/2023
- EIN
- 83-3633860
Organization Overview
Kendall Square Orchestra Inc is located in Concord, MA. 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. Kendall Square Orchestra 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, Kendall Square Orchestra Inc generated $230.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $241.6k during the year ending 06/2023. 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
KENDALL SQUARE ORCHESTRA (K2O) SEEKS TO SUPPORT INDUSTRY AND COMMUNITY EVENTS RELATED TO HEALTHCARE & EDUCATION AND PROMOTE COMMUNITY ENGAGEMENT, TEAMWORK, AND LEADERSHIP TO SUPPORT PROGRESS TOWARDS TREATMENT OF DIFFICULT DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULAR ORCHESTRA PERFORMANCES
RARE DISEASE ANTHEM PROJECT
SYMPHONY FOR SCIENCE PERFORMANCE
ARTISTIC DEVELOPMENT PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Spencer President | OfficerTrustee | 10 | $0 |
Kelly Alison Clark Treasurer | OfficerTrustee | 10 | $0 |
Jennifer Park Director | Trustee | 2 | $0 |
Jana Heiber Director | Trustee | 2 | $0 |
Joel Bard Director | Trustee | 1.5 | $0 |
Katie Brandt Director | Trustee | 2 | $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 | $182,195 |
| Noncash contributions included in lines 1a–1f | $8,900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,195 |
| Total Program Service Revenue | $48,387 |
| 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 | $230,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,196 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $7,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,000 |
| Advertising and promotion | $11,754 |
| Office expenses | $2,151 |
| Information technology | $1,078 |
| Royalties | $0 |
| Occupancy | $17,375 |
| Travel | $0 |
| 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 | $2,156 |
| All other expenses | $9,513 |
| Total functional expenses | $241,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,925 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,850 |
| 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 | $237 |
| 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 | $99,012 |
| Accounts payable and accrued expenses | $39,997 |
| 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 | $39,997 |
| Net assets without donor restrictions | $55,160 |
| Net assets with donor restrictions | $3,855 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $99,012 |