Civic Intelligence

Chamber Music Pittsburgh

990 • Fiscal year 2017 • EIN 25-6067677

Aug 01, 2016 to Jul 31, 2017 • Filed on Nov 01, 2017

315 South Bellefield Ave Room 305Pittsburgh, PA 15213

(412) 624-4129

Siviq Scores

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

Liabilities / Assets

59th percentile

0.08x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.14x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

23rd percentile

-8.0%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

29th percentile

-2.9%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-34%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$591,460

Down $17,838 (-2.9%) from 2016

Net Assets

Down

$545,302

Down $5,773 (-1.0%) from 2016

Liabilities

Down

$46,158

Down $12,065 (-21%) from 2016

Revenue

Down

$322,266

Down $165,739 (-34%) from 2016

Expenses

Down

$348,017

Down $3,539 (-1.0%) from 2016

Net Income

Down

-$25,751

Down $162,200 (-119%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $309,338Liabilities 2011: $54,225Net Assets 2011: $255,1132011Assets 2012: $330,289Liabilities 2012: $43,350Net Assets 2012: $286,9392012Assets 2013: $364,426Liabilities 2013: $52,426Net Assets 2013: $312,0002013Assets 2014: $424,686Liabilities 2014: $56,843Net Assets 2014: $367,8432014Assets 2016: $609,298Liabilities 2016: $58,223Net Assets 2016: $551,0752016Assets 2017: $591,460Liabilities 2017: $46,158Net Assets 2017: $545,3022017Assets 2018: $576,801Liabilities 2018: $52,425Net Assets 2018: $524,3762018Assets 2019: $594,788Liabilities 2019: $49,486Net Assets 2019: $545,3022019Assets 2020: $584,320Liabilities 2020: $9,792Net Assets 2020: $574,5282020Assets 2021: $865,933Liabilities 2021: $5,260Net Assets 2021: $860,6732021Assets 2022: $641,409Liabilities 2022: $19,187Net Assets 2022: $622,2222022Assets 2023: $546,767Liabilities 2023: $1,800Net Assets 2023: $544,9672023Assets 2024: $425,778Liabilities 2024: $8,647Net Assets 2024: $417,1312024

Highlighted filing

2017

Assets$591,460
Liabilities$46,158
Net Assets$545,302

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $216,8152011Expenses 2012: $219,3392012Expenses 2013: $280,8732013Revenue 2014: $356,706Expenses 2014: $325,426Net Income 2014: $31,2802014Revenue 2016: $488,005Expenses 2016: $351,556Net Income 2016: $136,4492016Revenue 2017: $322,266Expenses 2017: $348,017Net Income 2017: -$25,7512017Revenue 2018: $315,618Expenses 2018: $337,113Net Income 2018: -$21,4952018Revenue 2019: $354,596Expenses 2019: $333,670Net Income 2019: $20,9262019Revenue 2020: $305,168Expenses 2020: $275,942Net Income 2020: $29,2262020Revenue 2021: $577,933Expenses 2021: $291,788Net Income 2021: $286,1452021Revenue 2022: $303,916Expenses 2022: $446,759Net Income 2022: -$142,8432022Revenue 2023: $436,419Expenses 2023: $505,800Net Income 2023: -$69,3812023Revenue 2024: $269,071Expenses 2024: $428,559Net Income 2024: -$159,4882024

Highlighted filing

2017

Revenue$322,266
Expenses$348,017
Net Income-$25,751
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$322,266
Mission and Program Overview

Mission

To present world class chamber music ensembles and soloists, promising emerging artists, and innovative programs; and to foster an appreciation for chamber music in the pittsburgh community by offering educational programs and experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$475,609$478,289▲ $2,680
Cash and Non-Interest-Bearing Accounts$68,341$89,640▲ $21,299
Pledges and Grants Receivable$60,000$20,000▼ $40,000
Land, Buildings, and Equipment, Net$5,325$3,531▼ $1,794
Prepaid Expenses and Deferred Charges$23--
Total Assets$609,298$591,460▼ $17,838
Liabilities
Deferred Revenue$58,201$46,158▼ $12,043
Accounts Payable and Accrued Expenses$22--
Total Liabilities$58,223$46,158▼ $12,065
Net Assets / Fund Balance
Unrestricted Net Assets$338,761$324,531▼ $14,230
Temporarily Rstr Net Assets$112,314$120,771▲ $8,457
Permanently Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$551,075$545,302▼ $5,773
Total Liabilities and Net Assets / Fund Balance$609,298$591,460▼ $17,838

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,531$37,191$40,722
Other Securities$478,289--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$205,742
Program Service Revenue
$92,708
Investment Income
$18,074
Other Revenue
$5,742
All Other Contributions
$184,356
Change in Net Assets
$-25,751

Audited Revenue Reconciliation

Revenue per Audited Statements
$322,266
Revenue Not Reported on Form 990
$24,978
Total Revenue per Audited Statements
$347,244
Total Revenue per Form 990
$322,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,645
Salaries, Compensation, and Employee Benefits$123,372
Total Fundraising Expense$13,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$131,123--$131,123
Other Salaries and Wages$80,838$11,380$9,782$102,000
Advertising$17,405--$17,405
Office Expenses$15,363$585-$15,948
Other Employee Benefits$10,231$1,441$1,238$12,910
All Other Expenses$6,686$4,316$1,898$12,900
Payroll Taxes$6,707$944$811$8,462
Fees for Services Accounting-$4,500-$4,500
Fees for Service Investment Mgmnt Fees-$2,850-$2,850
Insurance$1,561$1,254-$2,815
Other Expenses$8$2,232-$2,240
Depreciation Depletion-$1,794-$1,794
Conferences and Meetings-$30-$30
Total Functional Expenses$302,962$31,326$13,729$348,017

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$353,017
Expenses per Audited Statements$348,017
Total Expenses per Form 990$348,017
Expenses Not Reported on Form 990$5,000
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

Our independent auditors prepare and deliver a draft of the form 990 to the executive director of our organization and it is available to all members of the board of directors for their review. Everyone is given time to review the draft form 990 and respond to our auditors with their comments. After this period, all appropriate edits are made to the draft form 990. The final edited form 990 is then filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Annually all board members are provided with a copy of our organization's conflict of interest policy to read and review. All board members are required to disclose all current conflicts and any other conflicts as they arise. This way management and the board can monitor all conflicts and enforce the conflict of interest policy on a current basis.

Form 990, Page 6, Part VI, Line 15A

The compensation of our organization's executive director is reviewed annually by the executive commitee of the board of directors. The executive commitee reviews compensation data obtained from various sources on the internet, and comparing other executive director compensation in similar organizations and budget size as reported on these other organization's form 990. The executive committee then makes a recommendation to the board of directors and the compensation package is then voted on by the full board.

Form 990, Page 6, Part VI, Line 15B

Staff compensation is reviewed annually by the personnel commitee of the board of directors. The personnel commitee reviews compensation data obtained from various sources on the internet, and comparing other compensation in similar organizations and budget size as reported on these other organization's form 990. The personnel commitee then makes a recommendation to the board of directors and the compensation package is then voted on by the full board.

Form 990, Page 6, Part VI, Line 19

The organization will provide copies of governing documents, conflict of interest policy, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Chamber Music Pittsburgh
EIN
25-6067677
Phone
4126244129
Address
315 SOUTH BELLEFIELD AVE ROOM 305, PITTSBURGH, PA 15213

Signing Officer

Name
Monique Mead
Title
President
Phone
4126244129
Signed
2017-11-01

Organization Details

Principal Officer
Monique Mead
Formed
1961
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
19
Employees
2
Volunteers
25

Preparer

Firm
Buckler Mckenney & Nadzadi Pc
Address
116 FOX PLAN ROAD, MONROEVILLE, PA 15146
Preparer
Mitchell K Mckenney
Phone
4128567880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To present world class chamber music ensembles and soloists, promising emerging artists, and innovative programs; and to foster an appreciation for chamber music in the pittsburgh community by offering educational programs and experiences.

Form 990, Page 2, Part III, Line 4D

As part of its outreach and education programming, cmp administered the "poco a poco" strings program at the urban league of greater pittsburgh charter school. Through the program, students in grade 3-5 received stringed instruments, lessons, exposure to chamber music, and the opportunity to perform in an end-of-year concert. In addition, cmp also offers special events and/or collaborative concerts with other arts organizations. In the 2015-16 season, cmp presented the diaz trio in two back-to-back concerts with dinner with the artists served in between. These special event concerts featured the complete string trios of beethoven.

Form 990, Part IX, Line 11G

Artist fees 76,500 0 0 artist fees 14,500 0 0 artist fees 28,000 0 0 artist fees 5,000 0 0 contracted services 2,682 0 0 contracted services 320 0 0 contracted services 3,331 0 0 contracted services 790 0 0 total 131,123 0 0

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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT
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IRS990/FormationYr01961
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IRS990/InsuranceGrp/ProgramServicesAmt01561
IRS990/InsuranceGrp/TotalAmt02815
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0475609
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0478289
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt037191
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO PRESENT WORLD CLASS CHAMBER MUSIC ENSEMBLES AND SOLOISTS, PROMISING EMERGING ARTISTS, AND INNOVATIVE PROGRAMS; AND TO FOSTER AN APPRECIATION FOR CHAMBER MUSIC IN THE PITTSBURGH COMMUNITY BY OFFERING EDUCATIONAL PROGRAMS AND EXPERIENCES.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt015363
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010231
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012910
IRS990/OtherExpensesGrp/Desc0VENUE RENTAL
IRS990/OtherExpensesGrp/Desc1HOSPITALITY
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3OPERATIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02232
IRS990/OtherExpensesGrp/ProgramServicesAmt020140
IRS990/OtherExpensesGrp/ProgramServicesAmt17776
IRS990/OtherExpensesGrp/ProgramServicesAmt25124
IRS990/OtherExpensesGrp/ProgramServicesAmt38
IRS990/OtherExpensesGrp/TotalAmt020140
IRS990/OtherExpensesGrp/TotalAmt17776
IRS990/OtherExpensesGrp/TotalAmt25124
IRS990/OtherExpensesGrp/TotalAmt32240
IRS990/OtherRevenueMiscGrp/Desc0PROGRAM BOOK ADS
IRS990/OtherRevenueMiscGrp/Desc1CD SALES
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11892
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11892
IRS990/OtherRevenueTotalAmt05742
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09782
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0811
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0944
IRS990/PayrollTaxesGrp/ProgramServicesAmt06707
IRS990/PayrollTaxesGrp/TotalAmt08462
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0100000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0100000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt060000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt020000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023
IRS990/PrincipalOfficerNm0MONIQUE MEAD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt092708
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt092708
IRS990/ProgSrvcAccomActy2Grp/Desc0JUST SUMMER SERIES CMP PRESENTED ITS FOURTH ANNUAL JUST SUMMER SERIES AT THE KELLY STRAYHORN THEATER IN EAST LIBERTY. ARTISTS INCLUDED SEAN JONES QUARTET, TIME FOR THREE, AND SPANISH GUITARIST, PABLO VILLEGAS. THIS GENRE-BENDING SERIES REPRESENTS A DEPARTURE FROM CMP'S MORE TRADITIONAL CONCERT SERIES IN CARNEGIE MUSIC HALL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053547
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04503
IRS990/ProgSrvcAccomActy3Grp/Desc0PITTSBURGH PERFORMS CMP INTRODUCED A BRAND NEW SERIES CALLED PITTSBURGH PERFORMS WHICH FEATURES LOCAL PITTSBURGH ARTISTS IN NONTRADITIONAL VENUES IN AND AROUND THE CITY OF PITTSBURGH. VENUES INCLUDED BOOM CONCEPTS GALLERY IN GARFIELD, FRANKTUARY IN LAWRENCEVILLE, THE LIVERMORE IN EAST LIBERTY, AND THE ACE HOTEL IN EAST LIBERTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt029942
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt04738
IRS990/ProgSrvcAccomActyOtherGrp/Desc0AS PART OF ITS OUTREACH AND EDUCATION PROGRAMMING, CMP ADMINISTERED THE "POCO A POCO" STRINGS PROGRAM AT THE URBAN LEAGUE OF GREATER PITTSBURGH CHARTER SCHOOL. THROUGH THE PROGRAM, STUDENTS IN GRADE 3-5 RECEIVED STRINGED INSTRUMENTS, LESSONS, EXPOSURE TO CHAMBER MUSIC, AND THE OPPORTUNITY TO PERFORM IN AN END-OF-YEAR CONCERT. IN ADDITION, CMP ALSO OFFERS SPECIAL EVENTS AND/OR COLLABORATIVE CONCERTS WITH OTHER ARTS ORGANIZATIONS. IN THE 2015-16 SEASON, CMP PRESENTED THE DIAZ TRIO IN TWO BACK-TO-BACK CONCERTS WITH DINNER WITH THE ARTISTS SERVED IN BETWEEN. THESE SPECIAL EVENT CONCERTS FEATURED THE COMPLETE STRING TRIOS OF BEETHOVEN.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt016751
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01986
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0350606
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt025537
IRS990/PYOtherExpensesAmt0239612
IRS990/PYOtherRevenueAmt011152
IRS990/PYProgramServiceRevenueAmt0100710
IRS990/PYRevenuesLessExpensesAmt0136449
IRS990/PYSalariesCompEmpBnftPaidAmt0111944
IRS990/PYTotalExpensesAmt0351556
IRS990/PYTotalRevenueAmt0488005
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-25751
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt081481
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CD SALES 14,502 PROGRAM BOOK ADS 18,700
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0205742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0350606
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0277800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0254509
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01074
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt092708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0106020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt089516
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01074
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IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07289
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06374
IRS990ScheduleA/OtherIncome509Grp/TotalAmt033202
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0287561
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0383556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0356631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0298987

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.26$0.09$4.17$2.69$4.29$1.59
2023Detailed filing. Detailed filing data is available for this year.$5.47$0.02$5.45$4.36$5.06$0.69
2022Detailed filing. Detailed filing data is available for this year.$6.41$0.19$6.22$3.04$4.47$1.43
2021Detailed filing. Detailed filing data is available for this year.$8.66$0.05$8.61$5.78$2.92$2.86
2020Detailed filing. Detailed filing data is available for this year.$5.84$0.10$5.75$3.05$2.76$0.29
2019Detailed filing. Detailed filing data is available for this year.$5.95$0.49$5.45$3.55$3.34$0.21
2018Detailed filing. Detailed filing data is available for this year.$5.77$0.52$5.24$3.16$3.37$0.21
2017Detailed filing. Detailed filing data is available for this year.$5.91$0.46$5.45$3.22$3.48$0.26
2016Detailed filing. Detailed filing data is available for this year.$6.09$0.58$5.51$4.88$3.52$1.36
2014Detailed filing. Detailed filing data is available for this year.$4.25$0.57$3.68$3.57$3.25$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$0.52$3.12$2.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.43$2.87$2.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$0.54$2.55$2.17