Civic Intelligence

Cincinnati Chamber Orchestra Inc.

990 • Fiscal year 2019 • EIN 31-0865998

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 11, 2020

4046 Hamilton AveCincinnati, OH 45223

(513) 723-1182

Siviq Scores

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

Liabilities / Assets

39th percentile

0.01x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

63rd percentile

9.6%

Higher net margin than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$494,407

Up $64,367 (+15%) from 2018

Net Assets

Up

$490,495

Up $64,728 (+15%) from 2018

Liabilities

Down

$3,912

Down $361 (-8.4%) from 2018

Revenue

Up

$676,663

Up $71,437 (+12%) from 2018

Expenses

Up

$611,935

Up $38,484 (+6.7%) from 2018

Net Income

Up

$64,728

Up $32,953 (+104%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $342,309Liabilities 2011: $2,072Net Assets 2011: $340,2372011Assets 2012: $349,400Liabilities 2012: $11,464Net Assets 2012: $337,9362012Assets 2013: $343,804Liabilities 2013: $6,450Net Assets 2013: $337,3542013Assets 2014: $325,283Liabilities 2014: $9,700Net Assets 2014: $315,5832014Assets 2015: $365,823Liabilities 2015: $38,314Net Assets 2015: $327,5092015Assets 2016: $357,705Liabilities 2016: $8,179Net Assets 2016: $349,5262016Assets 2017: $394,068Liabilities 2017: $25,827Net Assets 2017: $368,2412017Assets 2018: $430,040Liabilities 2018: $4,273Net Assets 2018: $425,7672018Assets 2019: $494,407Liabilities 2019: $3,912Net Assets 2019: $490,4952019Assets 2020: $663,577Liabilities 2020: $80,229Net Assets 2020: $583,3482020Assets 2021: $949,589Liabilities 2021: $2,849Net Assets 2021: $946,7402021Assets 2022: $786,864Liabilities 2022: $3,122Net Assets 2022: $783,7422022Assets 2023: $1,103,363Liabilities 2023: $1,789Net Assets 2023: $1,101,5742023Assets 2024: $1,262,970Liabilities 2024: $4,858Net Assets 2024: $1,258,1122024

Highlighted filing

2019

Assets$494,407
Liabilities$3,912
Net Assets$490,495

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $469,5212011Expenses 2012: $488,9802012Expenses 2013: $583,9792013Revenue 2014: $511,918Expenses 2014: $529,995Net Income 2014: -$18,0772014Revenue 2015: $470,688Expenses 2015: $424,208Net Income 2015: $46,4802015Revenue 2016: $473,397Expenses 2016: $488,279Net Income 2016: -$14,8822016Revenue 2017: $509,905Expenses 2017: $466,434Net Income 2017: $43,4712017Revenue 2018: $605,226Expenses 2018: $573,451Net Income 2018: $31,7752018Revenue 2019: $676,663Expenses 2019: $611,935Net Income 2019: $64,7282019Revenue 2020: $432,026Expenses 2020: $339,173Net Income 2020: $92,8532020Revenue 2021: $789,333Expenses 2021: $425,940Net Income 2021: $363,3932021Revenue 2022: $609,436Expenses 2022: $665,389Net Income 2022: -$55,9532022Revenue 2023: $935,104Expenses 2023: $697,612Net Income 2023: $237,4922023Revenue 2024: $867,080Expenses 2024: $790,729Net Income 2024: $76,3512024

Highlighted filing

2019

Revenue$676,663
Expenses$611,935
Net Income$64,728
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 11, 2020
Return Version
2019v5.1
Gross Receipts
$684,386
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$325,367$380,101▲ $54,734
Cash and Non-Interest-Bearing Accounts$29,686$58,809▲ $29,123
Accounts Receivable$71,030$41,969▼ $29,061
Land, Buildings, and Equipment, Net-$8,241-
Prepaid Expenses and Deferred Charges$3,957$5,287▲ $1,330
Total Assets$430,040$494,407▲ $64,367
Liabilities
Accounts Payable and Accrued Expenses$4,273$3,912▼ $361
Total Liabilities$4,273$3,912▼ $361
Net Assets / Fund Balance
Net Assets With Donor Restrictions$356,492$420,516▲ $64,024
Net Assets Without Donor Restrictions$69,275$69,979▲ $704
Total Net Assets Fund Balance$425,767$490,495▲ $64,728
Total Liabilities and Net Assets / Fund Balance$430,040$494,407▲ $64,367

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,241$14,665$22,906

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$356,492-▲ $64,024-$420,516
2018$300,867-▲ $24,500-$325,367
2017$279,061-▲ $32,514$10,708$300,867
2016$260,691-▲ $29,302$10,932$279,061
2015$249,005$25,000▼ $13,314-$260,691
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wesley NeedhamPast President
Terri AbarePresident
Angela Powell WalkerTrustee
Brian TiffanyTrustee
Ed LyonTrustee
Gregory CoonsTrustee
Johnnie CarrollTrustee
Linda HolthausTrustee
Marina AbantoTrustee
Michael MooreTrustee
Nancy LippincottTrustee
Peter HsiTrustee
Reena Dhanda PatilTrustee
Rosemary SchlachterTrustee
Roxanne QuallsTrustee
Ryan BoggsTrustee
Sijie DaiTrustee
Susan EslerTrustee
William TsacalisTrustee
Miriam CulleyNon-voting Member
Scott LangNon-voting Member
Daniel PfahlSecretary
Kaoru SuzukiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$464,060
Program Service Revenue
$104,463
Investment Income
$78,876
Other Revenue
$29,264
All Other Contributions
$464,060
Change in Net Assets
$64,728

Audited Revenue Reconciliation

Revenue per Audited Statements
$676,663
Total Revenue per Audited Statements
$676,663
Total Revenue per Form 990
$676,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$390,104
Other Expenses$221,831
Total Fundraising Expense$46,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$276,815$43,275$36,062$356,152
Advertising$24,817--$24,817
Payroll Taxes$6,511$7,325$2,442$16,278
Other Employee Benefits$6,500$5,200$1,300$13,000
Travel$10,271--$10,271
Other Expenses$5,403$4,091$2,340$7,743
Fees for Services Accounting$6,000--$6,000
Pension Plan Contributions$4,440-$234$4,674
All Other Expenses$2,573$1,715-$4,288
Occupancy$911$3,289-$4,200
Office Expenses$1,139$2,185$172$3,496
Insurance$1,538$1,209-$2,747
Fees for Services Other$2,061--$2,061
Depreciation Depletion-$915-$915
Total Functional Expenses$488,139$77,375$46,421$611,935

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$611,935
Total Expenses per Audited Statements$611,935
Total Expenses per Form 990$611,935
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,405
Fundraising Direct Expenses$7,723
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special$32,405$32,405$7,723$24,682
Total Events$32,405$32,405$7,723$24,682
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
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

Organizational document changes Part VI line 4

Updated financial controls policies and added gift acceptance policy.

Form 990 governing body review Part VI line 11

Form 990, part vi, line 11b - organizations process to review form 990.the board reviews the 990 before it is filed.

Conflict of interest policy compliance Part VI line 12C

Form 990, part vi, line 12c - enforcement of conflicts policya trustee, officer or key staff member shall not vote on, approve, or recommend any transaction or arrangement in which he or she has a conflict of interest. If such trustee, officer or key staff member is present at a meeting of the board or committee at which such a matter is considered, he or she shall be excused from the meeting.

CEO executive director top management comp Part VI line 15A

The executive director of the cco is evaluated annually following the completion of the fiscal year by the executive commitee of the board of trustees. Sufficient information is obtained by the commitee to provide the necessary data to make compensation decisions, which are documented in the minutes.

Other officer or key employee compensation Part VI line 15B

The staff of the cco are evaluated annually following the completion of the fiscal year by the executive committee to provide the necessary data to make compensation decisions, which are documented in the minutes.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cincinnati Chamber Orchestra
EIN
31-0865998
Address
4046 HAMILTON AVE, CINCINNATI, OH 45223

Signing Officer

Name
Terri Abare
Title
President
Phone
5137231182
Signed
2020-06-11
Discuss with paid preparer
No

Organization Details

Formed
1975
Legal Domicile
Oh
Voting Board Members
22
Independent Board Members
22
Employees
105
Volunteers
50

Preparer

Firm
Donlin & Associates PSC
Address
1419 Alexandria Pike, Fort Thomas, KY 41075
Preparer
William Donlin
Phone
8597819800
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Misc rounding adjustment $1

General explanation attachment

Cincinnati chamber orchestra creates intimate, transformative experiences that connect the musically curious. The cco is an indepedent emsemble of 32 professional musicians that launched the summermusik festival in 2015 and celebrated its 45th anniversary season in 2019. Eckart preu was named 5th music director in october, 2016. The cco offers a vibrant and fresh musical experience in intimate and informal settings for the seasoned and novice audiences. The ccos size allows for flexibility and creativity in programming, the ideal emsemble for presenting orchestral works ranging from the baroque and classical eras to commissioned works by contemporary composers.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4NON-VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13NON-VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt07723
IRS990/FundraisingGrossIncomeAmt032405
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0684386
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01209
IRS990/InsuranceGrp/ProgramServicesAmt01538
IRS990/InsuranceGrp/TotalAmt02747
IRS990/InvestmentIncomeGrp/ExclusionAmt078876
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0380101
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IRS990/LandBldgEquipCostOrOtherBssAmt022906
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0490495
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt024682
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt069979
IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/ProgramServicesAmt0911
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IRS990/OfficeExpensesGrp/FundraisingAmt0172
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02185
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05200
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06500
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IRS990/OtherExpensesGrp/Desc0PRODUCTION
IRS990/OtherExpensesGrp/Desc1TELEPHONE & UTILITIES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc3PRINTING
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IRS990/OtherExpensesGrp/FundraisingAmt1602
IRS990/OtherExpensesGrp/FundraisingAmt22340
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03953
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24091
IRS990/OtherExpensesGrp/ProgramServicesAmt0137434
IRS990/OtherExpensesGrp/ProgramServicesAmt11271
IRS990/OtherExpensesGrp/ProgramServicesAmt2455
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IRS990/OtherExpensesGrp/TotalAmt16091
IRS990/OtherExpensesGrp/TotalAmt24546
IRS990/OtherExpensesGrp/TotalAmt37743
IRS990/OtherRevenueMiscGrp/BusinessCd0711300
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04582
IRS990/OtherRevenueTotalAmt04582
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036062
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043275
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0276815
IRS990/OtherSalariesAndWagesGrp/TotalAmt0356152
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07325
IRS990/PayrollTaxesGrp/ProgramServicesAmt06511
IRS990/PayrollTaxesGrp/TotalAmt016278
IRS990/PensionPlanContributionsGrp/FundraisingAmt0234
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04440
IRS990/PensionPlanContributionsGrp/TotalAmt04674
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03957
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05287
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0104463
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0104463
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0409135
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029875
IRS990/PYOtherExpensesAmt0200513
IRS990/PYOtherRevenueAmt051942
IRS990/PYProgramServiceRevenueAmt0114274
IRS990/PYRevenuesLessExpensesAmt031775
IRS990/PYSalariesCompEmpBnftPaidAmt0372938
IRS990/PYTotalExpensesAmt0573451
IRS990/PYTotalRevenueAmt0605226
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt064728
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.87$0.79$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.94$0.70$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.78$0.61$0.67$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.79$0.43$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.08$0.58$0.43$0.34$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.68$0.61$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.61$0.57$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.03$0.37$0.51$0.47$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.47$0.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.04$0.33$0.47$0.42$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.51$0.53$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.01$0.34$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.34$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.47