Civic Intelligence

Classically Connected Inc.

990 • Fiscal year 2022 • EIN 13-6202532

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

157 Columbus Avenue 4th FloorNew York, NY 10023-6082

(347) 305-0060

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.84x

Higher debt load relative to assets than 94% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.18x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Net Margin

11th percentile

-37%

Higher net margin than 11% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$49,194

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Asset Growth

1st percentile

-67%

Faster asset growth than 1% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

327%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$132,806

Flat from 2022

Net Assets

Flat

$21,713

Flat from 2022

Liabilities

Flat

$111,093

Flat from 2022

Revenue

Flat

$616,265

Flat from 2022

Expenses

Flat

$846,856

Flat from 2022

Net Income

Flat

-$230,591

Flat from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $22,534Liabilities 2011: $0Net Assets 2011: $22,5342011Assets 2012: $1Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $12013Assets 2014: $62,773Liabilities 2014: $0Net Assets 2014: $62,7732014Assets 2015: $28,361Liabilities 2015: $41,5832015Assets 2016: $807,377Liabilities 2016: $6,841Net Assets 2016: $800,5362016Assets 2017: $666,362Liabilities 2017: $21,844Net Assets 2017: $644,5182017Assets 2018: $423,832Liabilities 2018: $3522018Assets 2019: $150,729Liabilities 2019: $0Net Assets 2019: $150,7292019Assets 2020: $841,762Liabilities 2020: $65,628Net Assets 2020: $776,1342020Assets 2021: $399,719Liabilities 2021: $147,914Net Assets 2021: $251,8052021Assets 2022: $132,806Liabilities 2022: $111,093Net Assets 2022: $21,7132022Assets 2022: $132,806Liabilities 2022: $111,093Net Assets 2022: $21,7132022Assets 2023: $790,655Liabilities 2023: $87,190Net Assets 2023: $703,4652023

Highlighted filing

2022

Assets$132,806
Liabilities$111,093
Net Assets$21,713

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $0Expenses 2011: $9,908Net Income 2011: -$9,9082011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $40,537Expenses 2014: $18,291Net Income 2014: $22,2462014Revenue 2015: $8,143Expenses 2015: $72,896Net Income 2015: -$64,7532015Revenue 2016: $965,876Expenses 2016: $152,630Net Income 2016: $813,2462016Revenue 2017: $24,141Expenses 2017: $182,203Net Income 2017: -$158,0622017Revenue 2018: $104,999Expenses 2018: $385,483Net Income 2018: -$280,4842018Revenue 2019: $102,481Expenses 2019: $373,882Net Income 2019: -$271,4012019Revenue 2020: $1,128,893Expenses 2020: $451,633Net Income 2020: $677,2602020Revenue 2021: $144,403Expenses 2021: $681,447Net Income 2021: -$537,0442021Revenue 2022: $616,265Expenses 2022: $846,856Net Income 2022: -$230,5912022Revenue 2022: $616,265Expenses 2022: $846,856Net Income 2022: -$230,5912022Revenue 2023: $519,758Expenses 2023: $168,452Net Income 2023: $351,3062023

Highlighted filing

2022

Revenue$616,265
Expenses$846,856
Net Income-$230,591
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$616,265
Mission and Program Overview

Mission

Classically connected, inc. Cci, formerly known as si-yo music society foundation, inc., is a not-for-profit that aims to connect a global community with classical music by conserving, loaning, and promoting education about instruments.

Classically connected, inc. ("cci"), formerly known as si-yo music society foundation, inc., is a not-for-profit that aims to connect a global community with classical music by conserving, loaning, and promoting education about instruments; cci also presents outstanding musicians of all ages in performances, master classes, and educational and community outreach programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$300,909$74,879▼ $226,030
Investments in Publicly Traded Securities$65,161$31,888▼ $33,273
Land, Buildings, and Equipment, Net$32,289$24,679▼ $7,610
Total Assets$399,719$132,806▼ $266,913
Other Assets Total$1,360$1,360→ $0
Liabilities
Accounts Payable and Accrued Expenses$92,582$61,093▼ $31,489
Unsecured Notes Loans Payable$55,332$50,000▼ $5,332
Total Liabilities$147,914$111,093▼ $36,821
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$22,380-
Net Assets Without Donor Restrictions$251,805$-667▼ $252,472
Total Net Assets Fund Balance$251,805$21,713▼ $230,092
Total Liabilities and Net Assets / Fund Balance$399,719$132,806▼ $266,913

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,679$32,010$56,689
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Risa RosenbergSecretary and Vice PresidentPT$49,194$49,194

Board Members and Trustees

NameTitle
Karen NeusTrustee & Chairwoman
Rosaline YinTrustee & Vice President
Dr Soyeon ParkVice President and Artistic Director
Dr Paolo BodiniTrustee
Elaine ShengTrustee
Jiang TianTrustee
Yin LongTrustee & Interim Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$615,695
Program Service Revenue
$0
Investment Income
$570
Other Revenue
$0
All Other Contributions
$560,363
Change in Net Assets
$-230,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$459,681
Salaries, Compensation, and Employee Benefits$387,175
Total Fundraising Expense$142,481
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,232$126,484$74,707$339,423
Fees for Services Other$224,305$91,088$18,832$334,225
Payroll Taxes$14,883$13,926$18,943$47,752
Office Expenses$3,500$5,397$7,988$16,885
Insurance$5,763$3,770$1,528$11,061
Travel$8,086$31$378$8,495
Depreciation Depletion$8,110--$8,110
Fees for Services Legal$2,400$2,205-$4,605
Advertising--$3,599$3,599
Other Expenses$800$1,024$16,506$800
Interest-$486-$486
Total Functional Expenses$443,458$260,917$142,481$846,856
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

See schedule l part iv specifying the family and business relatinships among certain family mambers and trustess

Form 990, Part VI, Section B, Line 11B

The board of trustees and top managment review for completeness and accuracy.

Form 990, Part VI, Section B, Line 12C

The organization regularly required officers and trustess to make disclosure of any interest in a proposed transaction or relationship with a third party. In addition, the organization made its own inquiry of the potential for a conflict of interest. If an officer or trustee was determined to have a conflict of interest or to be a related party of a counterparty to a transaction or relationship, such conflict or relationship was disclosed to the board of trustees in connection with its review of the transaction or relationship, and the interested trustee was completely reclused from any consideration of the transaction or relationship.

Form 990, Part VI, Section B, Line 15

As an overall matter, the organization's board of trustees reviews the retention of senior management, including the president, cfo, and cao, as well as the employment terms for all officers and key employees. At all relevant times, a majority of the board of trustees are independent, outside trustees, otherwise unaffiliated with the organization, and in accordance with the organization's established conflict of interest policy, any trustee who would or could be considered to have a conflict of interest is recused from deliberation and voting. It is the organization's practice to do surveys of compensation for comparable positions and to present that information and other information to the board of trustees in connection with any employment or compensation decision. We note that the president of the organization serves as a volunteer, without compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available by posting with candid, formerly known as guidestar https://www.guidestar.org/, a 501(c)(3) nonprofit organization, that, among other things, maintains a public website for information about non-profit organizations.

Filing and Contact Details

Filer

Filer Name
Classically Connected Inc
EIN
13-6202532
Phone
3473050060
Address
157 COLUMBUS AVENUE 4TH FLOOR, NEW YORK, NY 10023-6082

Signing Officer

Name
Karen Neus
Title
President
Phone
3043050060
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Neus
Formed
1966
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
13

Preparer

Firm
Prager Metis Cpas LLC
Address
401 HACKENSACK AVE 4TH FLOOR, HACKENSACK, NJ 07601
Preparer
John Westermann
Phone
2013427753
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Concert fees: program service expenses 26,907. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,907. Fees: program service expenses 5,850. Management and general expenses 215. Fundraising expenses 0. Total expenses 6,065. Professional fees: program service expenses 191,548. Management and general expenses 90,873. Fundraising expenses 18,832. Total expenses 301,253.

Financial Statement Notes

PART III, LINE 4:

Cci owns and manages a number of fine or rare muscial instruments that are available to loan to artists or apropriate organizations. The organization maintains a library of music related books, recordings and memorabilia. These instruments and collections support and advance the organization's mission to inspire a global community with classical music by making these available to muscians and appropriate organizations.

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IRS990/Desc0THE SI-YO FINE INSTRUMENT CULTURAL AND EDUCATION CENTER (SY FICEC) IS DEDICATED TO THE CONSERVATION, PRESERVATION, EXHIBITION, AND USE OF THE WORLD'S FINEST STRINGED INSTRUMENTS.-GLOBAL REGISTRY OF FINE STRINGED INSTRUMENTS.-INSTRUMENT LENDING INITIATIVES TO CONNECT DESERVING ARTISTS WITH QUALITY INSTRUMENTS BY PAST AND LIVING LUTHIERS TO AUGMENT THEIR CRAFT.-BRANDING, PROMOTION AND PUBLICITY WILL BE INTEGRATED WITH ARTISTS.SI-YO FINE INSTRUMENT REGISTRY (SYFIR) A FREE PUBLIC REGISTRY OF FINE INSTRUMENTS TO BENEFIT WORLDWIDE MUSICAL, FINANCIAL AND EDUCATIONAL ENDEAVORS BY PROVIDING DEPENDABLE AND ACCESSIBLE INFORMATION ABOUT FINE INSTRUMENTS FOR MUSICIANS, INSTRUMENT MAKERS, INVESTORS, RESEARCHERS AND OTHER STAKEHOLDERS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY AND VICE PRESIDENT
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IRS990/MissionDesc0CLASSICALLY CONNECTED, INC. ("CCI"), FORMERLY KNOWN AS SI-YO MUSIC SOCIETY FOUNDATION, INC., IS A NOT-FOR-PROFIT THAT AIMS TO CONNECT A GLOBAL COMMUNITY WITH CLASSICAL MUSIC BY CONSERVING, LOANING, AND PROMOTING EDUCATION ABOUT INSTRUMENTS; CCI ALSO PRESENTS OUTSTANDING MUSICIANS OF ALL AGES IN PERFORMANCES, MASTER CLASSES, AND EDUCATIONAL AND COMMUNITY OUTREACH PROGRAMS.
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013926
IRS990/PayrollTaxesGrp/ProgramServicesAmt014883
IRS990/PayrollTaxesGrp/TotalAmt047752
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KAREN NEUS
IRS990/PriorPeriodAdjustmentsAmt0499
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH:CCI ARTISTS HAVE GIVEN PERFORMANCES IN NON-TRADITIONAL WAYS, INCLUDING TRAVELING TO SENIOR RESIDENCES TO PERFORM AND USING TELECONFERENCE DEVICES OR THE PHONE TO PERFORM REMOTELY. CCI MUSICAL PHONE PAL WAS THE PRIMARY MEANS FOR OUTREACH DURING THE 2020 PANDEMIC LOCKDOWN. IT BRINGS LIVE INTERACIVE PERFORMANCES TO NURSING HOMES AND SENIOR RESIDENCES TO ENSURE THAT EVEN THOSE IN ISOLATION CAN ENJOY THE PERFORMING ARTS. CCI ALSO CONTINUED ITS CCI DISTANCED BUT CONNECTED PROGRAM TO ENABLE CCI ARTISTS TO PERFORM TOGETHER REGARDLESS OF THEIR LOCATION CREATED DURING THE 2020 PANDEMIC QUARANTINE, CCI DBC IS A SERIES OF RECORDED PERFORMANCES THAT ARE EDITED TOGETHER TO CREATE A SINGLE GROUP PERFORMANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt041429
IRS990/ProgSrvcAccomActy3Grp/Desc0CCI SUPPORTS CCI ARTISTS' ACTIVITIES BY SHARING THEIR NEWS IN AN ARTIST NEWSLETTER AND ON OUR SOCIAL MEDIA ACCOUNTS; OFFERING OPPORTUNITIES FOR THEM TO COLLABORATE ON LIVE OR RECORDED PROJECTS; AND OFFERING INSTRUMENT LOANS, GRANTS, AND SCHOLARSHIPS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt072077
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INSTRUMENT LENDING PROGRAM: WE CONNECT ANTIQUE AND CONTEMPORARY INSTRUMENTS WITH MUSICIANS AS WELL AS PERFORMANCE VENUES AND MUSEUMS. DURING 2022, CCI LOANED 15 FINE INSTRUMENTS AND BOWS TO ARTISTS SUCH AS GIUSEPPE GIBBONI, WINNER OF THE 2021 PAGANINI COMPETITION, AND PRESTIGIOUS MUSEUMS SUCH AS MUSEO DEL VIOLINO IN CREMONA, ITALY. INSTRUMENTS WE HAVE LOANED INCLUDE THE 1734 ANTONIO STRADIVARI VIOLIN, 1757 J.B. GUADAGNINI VIOLIN, FRANCOIS XAVIER TOURTE VIOLIN BOW, AND ETIENNE PAJEOT VIOLIN BOW.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1ARTS PARTNERSHIPS: WE COLLABORATE WITH ARTS AND CULTURAL ORGANIZATIONS PUBLIC AND PRIVATE - AROUND THE WORLD TO PROVIDE OPPORTUNITIES FOR ASPIRING AND PROFESSIONAL MUSICIANS TO PERFORM IN INTERNATIONAL CONCERTS, MUSIC FESTIVALS, EDUCATIONAL AND COMMUNITY OUTREACH PROGRAMS, INSTRUMENT LOANS, AND SCHOLARSHIPS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2NEW SPECIAL PROGAMS AS DESCRIBED ABOVE, CCI'S MUSICAL PHONEPAL WAS INITIATED IN 2020 AND CCI IMIR WAS INITIATED IN 2021; BOTH WERE EXECUTED IN 2022.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3PART III LINE 4A:SI-YO TALKS: OUR FREE WEBINAR PROGRAM OFFERS ONLINE LECTURES AND PANEL DISCUSSIONS WHERE ATTENDEES CAN LEARN FROM INDUSTRY EXPERTS ABOUT SUCH TOPICS AS INSTRUMENT OWNERSHIP, MAKING, AND INVESTMENT. SI-YO FIDDLETALKS GATHERS FINE INSTRUMENT AFICIONADOS IN DISCUSSION SI-YO FIDDLELOUNGE HOSTS CONVERSATIONS WITH WIDE-RANGING COMMUNITY MEMBERS SI-YO ARTISTS AND LUTHIERS CONNECT ENABLES OUR MUSICIANS TO LEARN FROM LUTHIERS IN PRIVATE GROUP SESSIONS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt026152
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt125825
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt26524
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt30
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0140721
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020322
IRS990/PYInvestmentIncomeAmt03682
IRS990/PYOtherExpensesAmt0173527
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-537044
IRS990/PYSalariesCompEmpBnftPaidAmt0487598
IRS990/PYTotalExpensesAmt0681447
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0144403
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-230591
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0615695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt094871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt084971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01010402
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01602
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08114
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99200
IRS990ScheduleA/PublicSupportPY170Pct00.63110
IRS990ScheduleA/PublicSupportTotal170Amt01010402
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0615695
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt094871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074144
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt084971
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01010402
IRS990ScheduleA/TotalSupportAmt01018516
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt024679
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032010
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056689
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CCI OWNS AND MANAGES A NUMBER OF FINE OR RARE MUSCIAL INSTRUMENTS THAT ARE AVAILABLE TO LOAN TO ARTISTS OR APROPRIATE ORGANIZATIONS. THE ORGANIZATION MAINTAINS A LIBRARY OF MUSIC RELATED BOOKS, RECORDINGS AND MEMORABILIA. THESE INSTRUMENTS AND COLLECTIONS SUPPORT AND ADVANCE THE ORGANIZATION'S MISSION TO INSPIRE A GLOBAL COMMUNITY WITH CLASSICAL MUSIC BY MAKING THESE AVAILABLE TO MUSCIANS AND APPROPRIATE ORGANIZATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024679
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE SCHEDULE L PART IV SPECIFYING THE FAMILY AND BUSINESS RELATINSHIPS AMONG CERTAIN FAMILY MAMBERS AND TRUSTESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES AND TOP MANAGMENT REVIEW FOR COMPLETENESS AND ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY REQUIRED OFFICERS AND TRUSTESS TO MAKE DISCLOSURE OF ANY INTEREST IN A PROPOSED TRANSACTION OR RELATIONSHIP WITH A THIRD PARTY. IN ADDITION, THE ORGANIZATION MADE ITS OWN INQUIRY OF THE POTENTIAL FOR A CONFLICT OF INTEREST. IF AN OFFICER OR TRUSTEE WAS DETERMINED TO HAVE A CONFLICT OF INTEREST OR TO BE A RELATED PARTY OF A COUNTERPARTY TO A TRANSACTION OR RELATIONSHIP, SUCH CONFLICT OR RELATIONSHIP WAS DISCLOSED TO THE BOARD OF TRUSTEES IN CONNECTION WITH ITS REVIEW OF THE TRANSACTION OR RELATIONSHIP, AND THE INTERESTED TRUSTEE WAS COMPLETELY RECLUSED FROM ANY CONSIDERATION OF THE TRANSACTION OR RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS AN OVERALL MATTER, THE ORGANIZATION'S BOARD OF TRUSTEES REVIEWS THE RETENTION OF SENIOR MANAGEMENT, INCLUDING THE PRESIDENT, CFO, AND CAO, AS WELL AS THE EMPLOYMENT TERMS FOR ALL OFFICERS AND KEY EMPLOYEES. AT ALL RELEVANT TIMES, A MAJORITY OF THE BOARD OF TRUSTEES ARE INDEPENDENT, OUTSIDE TRUSTEES, OTHERWISE UNAFFILIATED WITH THE ORGANIZATION, AND IN ACCORDANCE WITH THE ORGANIZATION'S ESTABLISHED CONFLICT OF INTEREST POLICY, ANY TRUSTEE WHO WOULD OR COULD BE CONSIDERED TO HAVE A CONFLICT OF INTEREST IS RECUSED FROM DELIBERATION AND VOTING. IT IS THE ORGANIZATION'S PRACTICE TO DO SURVEYS OF COMPENSATION FOR COMPARABLE POSITIONS AND TO PRESENT THAT INFORMATION AND OTHER INFORMATION TO THE BOARD OF TRUSTEES IN CONNECTION WITH ANY EMPLOYMENT OR COMPENSATION DECISION. WE NOTE THAT THE PRESIDENT OF THE ORGANIZATION SERVES AS A VOLUNTEER, WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE BY POSTING WITH CANDID, FORMERLY KNOWN AS GUIDESTAR HTTPS://WWW.GUIDESTAR.ORG/, A 501(C)(3) NONPROFIT ORGANIZATION, THAT, AMONG OTHER THINGS, MAINTAINS A PUBLIC WEBSITE FOR INFORMATION ABOUT NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONCERT FEES: PROGRAM SERVICE EXPENSES 26,907. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,907. FEES: PROGRAM SERVICE EXPENSES 5,850. MANAGEMENT AND GENERAL EXPENSES 215. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,065. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 191,548. MANAGEMENT AND GENERAL EXPENSES 90,873. FUNDRAISING EXPENSES 18,832. TOTAL EXPENSES 301,253.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0399719
IRS990/TotalAssetsEOYAmt0132806
IRS990/TotalAssetsGrp/BOYAmt0399719
IRS990/TotalAssetsGrp/EOYAmt0132806
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0615695
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0142481
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0260917
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0443458
IRS990/TotalFunctionalExpensesGrp/TotalAmt0846856
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0147914
IRS990/TotalLiabilitiesEOYAmt0111093
IRS990/TotalLiabilitiesGrp/BOYAmt0147914
IRS990/TotalLiabilitiesGrp/EOYAmt0111093
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0251805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021713
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt058501
IRS990/TotalProgramServiceExpensesAmt0443458
IRS990/TotalReportableCompFromOrgAmt049194
IRS990/TotalRevenueGrp/ExclusionAmt0570
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0616265
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0399719
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0132806
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0378
IRS990/TravelGrp/ManagementAndGeneralAmt031
IRS990/TravelGrp/ProgramServicesAmt08086
IRS990/TravelGrp/TotalAmt08495
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt055332
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt050000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0157 COLUMBUS AVE 4TH FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010023
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.CLASSICALLYCONNECTED.ORG
IRS990/WhistleblowerPolicyInd01
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN NEUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03043050060
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLASSICALLY CONNECTED INC
ReturnHeader/Filer/BusinessNameControlTxt00
ReturnHeader/Filer/EIN0136202532
ReturnHeader/Filer/PhoneNum03473050060
ReturnHeader/Filer/USAddress/AddressLine1Txt0157 COLUMBUS AVENUE 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.79$0.09$0.70$0.52$0.17$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.02$0.62$0.85$0.23
2022Summary only. Only limited summary data is available for this year.$0.13$0.11$0.02$0.62$0.85$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.15$0.25$0.14$0.68$0.54
2020Summary only. Only limited summary data is available for this year.$0.84$0.07$0.78$1.13$0.45$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$0.10$0.37$0.27
2018Summary only. Only limited summary data is available for this year.$0.42$0.00$0.10$0.39$0.28
2017Summary only. Only limited summary data is available for this year.$0.67$0.02$0.64$0.02$0.18$0.16
2016Summary only. Only limited summary data is available for this year.$0.81$0.01$0.80$0.97$0.15$0.81
2015Summary only. Only limited summary data is available for this year.$0.03$0.04$0.01$0.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.04$0.02$0.02
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.00$0.01$0.01