National Cello Institute
- Assets
- $483.6k
- Revenue
- $343.0k
- Investments
- $390.2k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 95-4090344
Organization Overview
National Cello Institute is located in Los Angeles, CA. The organization was established in 1988. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. National Cello Institute 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 12/2022, National Cello Institute generated $343.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $131.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NOTIFY PEOPLE OF THE OPPORTUNITY AND AVAILABILITY TO LEARN AND GAIN KNOWLEDGE OF THE CELLO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER INSTITUTE PROVIDES TEACHING AND KNOWLEDGE OF THE CELLO FOR STUDENTS OF ALL AGES AND LEVELS, AS WELL AS INVITING TEACHERS TO OBSERVE CLASSES TO IMPROVE THEIR SKILLS AS INSTRUCTORS. THIS SUMMER WILL MARK THE 47TH NATIONAL CELLO INSTITUTE. ALL STUDENTS ATTENDING WIL ATTEND 3 OR 4 CLASSES EACH DAY. IN ADDITION TO THE CLASSROOM INSTRUCTION, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN ONLINE CONCERTS AND RECITALS.
PUBLICATIONS ARE USED TO NOTIFY PEOPLE AROUND THE WORLD OF THE OPPORTUNITY AND AVAILABILITY TO LEARN AND GAIN KNOWLEDGE OF THE CELLO. ADDITIONALLY, THE PUBLICATIONS ONLINE MUSIC CATALOG INCLUDES PIECES THAT SPECIALIZE IN MUSIC FOR INSTRUCTORS AND STUDENT PLAYERS. ALL PROFITS FROM THE SALE OF MUSIC GOES INTO THE NCI SCHOLARSHIP FUND.
WINTER WORKSHOP PROVIDES TEACHING AND KNOWLEDGE OF THE CELLO, AS WELL AS AN OPPORTUNITY FOR STUDENTS TO PERFORM IN ONLINE CONCERTS AND RECITALS ALONGSIDE FELLOW STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Bachmayer President | OfficerTrustee | 2 | $0 |
Paul Pattengale Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Bachmayer Secretary | OfficerTrustee | 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 | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $107,466 |
| Investment income | $10,940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $221,345 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,951 |
| 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. | $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 | $2,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,013 |
| Fees for services: Other | $1,280 |
| Advertising and promotion | $0 |
| Office expenses | $6,117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,405 |
| Travel | $8,455 |
| 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 | $485 |
| All other expenses | $2,300 |
| Total functional expenses | $130,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $93,403 |
| 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 | $390,179 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $483,582 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $70 |
| 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 | $70 |
| 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 | $483,512 |
| Total liabilities and net assets/fund balances | $483,582 |