Civic Intelligence

Cappella Romana Inc.

990 • Fiscal year 2020 • EIN 93-1124501

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 24, 2021

620 SW Main St Ste 714Portland, OR 97205

(503) 236-8202

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.49x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.31x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

90th percentile

$109,827

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

92nd percentile

122%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-10%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$416,120

Up $229,034 (+122%) from 2019

Net Assets

Up

$213,634

Up $79,154 (+59%) from 2019

Liabilities

Up

$202,486

Up $149,880 (+285%) from 2019

Revenue

Down

$656,785

Down $74,229 (-10%) from 2019

Expenses

Down

$577,631

Down $143,942 (-20%) from 2019

Net Income

Up

$79,154

Up $69,713 (+738%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $94,835Liabilities 2010: $19,097Net Assets 2010: $75,7382010Assets 2011: $92,013Liabilities 2011: $16,103Net Assets 2011: $75,9102011Assets 2012: $93,965Liabilities 2012: $17,580Net Assets 2012: $76,3852012Assets 2013: $106,318Liabilities 2013: $26,615Net Assets 2013: $79,7032013Assets 2014: $131,676Liabilities 2014: $34,171Net Assets 2014: $97,5052014Assets 2015: $151,705Liabilities 2015: $24,597Net Assets 2015: $127,1082015Assets 2016: $292,786Liabilities 2016: $74,951Net Assets 2016: $217,8352016Assets 2017: $146,905Liabilities 2017: $40,953Net Assets 2017: $105,9522017Assets 2018: $170,869Liabilities 2018: $45,830Net Assets 2018: $125,0392018Assets 2019: $187,086Liabilities 2019: $52,606Net Assets 2019: $134,4802019Assets 2020: $416,120Liabilities 2020: $202,486Net Assets 2020: $213,6342020Assets 2021: $414,062Liabilities 2021: $120,340Net Assets 2021: $293,7222021Assets 2022: $397,345Liabilities 2022: $40,996Net Assets 2022: $356,3492022Assets 2023: $586,157Liabilities 2023: $142,459Net Assets 2023: $443,6982023Assets 2024: $438,931Liabilities 2024: $125,639Net Assets 2024: $313,2922024

Highlighted filing

2020

Assets$416,120
Liabilities$202,486
Net Assets$213,634

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $252,8332010Expenses 2011: $203,5122011Expenses 2012: $286,9572012Revenue 2013: $288,364Expenses 2013: $285,046Net Income 2013: $3,3182013Revenue 2014: $405,738Expenses 2014: $380,516Net Income 2014: $25,2222014Revenue 2015: $507,605Expenses 2015: $478,002Net Income 2015: $29,6032015Revenue 2016: $515,366Expenses 2016: $424,639Net Income 2016: $90,7272016Revenue 2017: $685,120Expenses 2017: $797,003Net Income 2017: -$111,8832017Revenue 2018: $677,550Expenses 2018: $658,463Net Income 2018: $19,0872018Revenue 2019: $731,014Expenses 2019: $721,573Net Income 2019: $9,4412019Revenue 2020: $656,785Expenses 2020: $577,631Net Income 2020: $79,1542020Revenue 2021: $577,077Expenses 2021: $496,989Net Income 2021: $80,0882021Revenue 2022: $862,892Expenses 2022: $822,249Net Income 2022: $40,6432022Revenue 2023: $1,096,986Expenses 2023: $971,507Net Income 2023: $125,4792023Revenue 2024: $807,527Expenses 2024: $937,933Net Income 2024: -$130,4062024

Highlighted filing

2020

Revenue$656,785
Expenses$577,631
Net Income$79,154
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 24, 2021
Return Version
2019v5.0
Gross Receipts
$682,845
Mission and Program Overview

Mission

Musical performances for the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$61,684$252,241▲ $190,557
Intangible Assets$6,974$61,320▲ $54,346
Pledges and Grants Receivable-$60,000-
Inventories for Sale or Use$34,347$34,492▲ $145
Accounts Receivable$56,819$7,798▼ $49,021
Prepaid Expenses and Deferred Charges$27,012$269▼ $26,743
Total Assets$187,086$416,120▲ $229,034
Other Assets Total$250--
Liabilities
Mortgage Notes Payable Secured by Investment Property-$150,000-
Other Liabilities-$35,545-
Accounts Payable and Accrued Expenses$14,558$15,648▲ $1,090
Deferred Revenue$38,048$1,293▼ $36,755
Total Liabilities$52,606$202,486▲ $149,880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$134,480$123,634▼ $10,846
Net Assets With Donor Restrictions-$90,000-
Total Net Assets Fund Balance$134,480$213,634▲ $79,154
Total Liabilities and Net Assets / Fund Balance$187,086$416,120▲ $229,034

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,657$4,657
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark PowellExecutive DiFT$98,992$10,835$109,827

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$372,433
Program Service Revenue
$200,111
Investment Income
$171
Other Revenue
$84,070
All Other Contributions
$337,487
Change in Net Assets
$79,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$382,596
Salaries, Compensation, and Employee Benefits$195,035
Total Fundraising Expense$89,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$137,424$1,112$1,252$139,788
Current Officers, Directors, Trustees, and Key Employees$70,621$11,770$35,310$117,701
Advertising$67,943$1,284$1,959$71,186
Other Salaries and Wages$33,735$15,668$10,429$59,832
Travel$41,549$1,196$3,715$46,460
Office Expenses$16,419$2,872$4,054$23,345
Fees for Services Accounting-$16,325-$16,325
Occupancy$8,822$2,729$3,003$14,554
Payroll Taxes$7,527$2,013$3,260$12,800
All Other Expenses$7,761$2,110$1,084$10,955
Depreciation Depletion$8,331$615$677$9,623
Other Expenses$6,059$5,954$846$6,059
Other Employee Benefits$2,837$1,859$6$4,702
Fees for Services Legal$2,360--$2,360
Insurance$471$682$160$1,313
Conferences and Meetings$8$2$502$512
Total Functional Expenses$416,150$71,519$89,962$577,631
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Advance$35,545
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

Each board member is sent the 990 document by email before it is submitted.

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

A conflict of interest transaction is a transaction with the corporation in which a director of the corporation has a direct or indirect interest, as defined in ors 65.361. A conflict of interest transaction is not voidable or the basis for imposing liability on the director if the transaction is fair to the corporation at the time it was entered into or is approved either (a) by the vote of the board or a committee of the board by the affirmative vote of a majority of the board directors or the committee who have no direct or indirect interest in the transaction if the material facts of the transaction of the directors' interest are disclosed or known to the board or board committee or (b) by obtaining the approval of the attorney general of oregon or a circuit court of the state of oregon in an action in which the attorney general of oregon is joined as a party. For purposes of this section, a director of the corporation has an indirect interest in a transaction if (a) another entity in which the director has a material interest or in which the director is a general partner is a party to the transaction or (b) another entity in which the director is a director, officer or trustee is a party to the transaction, and the transaction is or should be considered by the board. A transaction may not be authorized, approved or ratified under this section by a single director. If a majority of the directors who have no direct or indirect interest in the transaction votes to authorize, approve or ratify the transaction, a quorum is present for the purpose of taking action under this section.

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

Establishment of compensation rates for key employees and contractors included a review of data from peer organizations, professional associations (chorus america, early music america, the league of american orchestras, willamette valley development officers, the recording academy, etc), local market conditions, and performance.

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

Establishment of compensation rates for key employees and contractors included a review of data from peer organizations, professional associations (chorus america, early music america, the league of american orchestras, willamette valley development officers, the recording academy, etc), local market conditions, and performance.

Form 990, Page 6, Part VI, Line 19

AVAILABLE ON REQUEST.

Filing and Contact Details

Filer

Filer Name
Cappella Romana
EIN
93-1124501
Phone
5032368202
Address
620 SW MAIN ST STE 714, PORTLAND, OR 97205

Signing Officer

Name
Mark Powell
Title
Executive Director
Phone
5032368202
Signed
2021-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Powell
Formed
1991
Legal Domicile
Or
Voting Board Members
13
Independent Board Members
13
Employees
10
Volunteers
157

Preparer

Firm
Richman & Associates LLC
Address
1 SW COLUMBIA ST STE 400, PORTLAND, OR 97204-4005
Preparer
James E Richman
Phone
5032953780
Supplemental Narrative

Additional Explanations

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

As one of the leading professional chamber choirs in north america both by budget and activity level, cappella romana aims to be the preeminent global proponent of early and contemporary vocal music inspired by byzantium, russia, and western europe. Founded by music director alexander lingas in 1991, its highly focused programs offer a glimpse of the transcendent in vocal art, made possible by deep, original musicological and ethnographical research. Reaching more audiences each year and acclaimed recently in gramophone magazine ("a sound world of unique beauty"), the portland, oregon based ensemble presents a west coast concert series (portland, seattle, and san francisco) as its main program offering. Collaborations with peers, such as portland art museum, portland baroque orchestra, and third angle new music, reach broad audiences, as do its regional, national, and international tours. Cappella's recent international tours include performances in the netherlands, romania, hungary, serbia, and the united kingdom and national tours include performances in washington (dc), minneapolis, sacramento, san francisco, st. Louis (mo), lincoln (ne), new york, los angeles, and seattle. Cappella now has 25 released recordings, which are distributed by naxos of america. Cappella romana was one of the earliest adopters of the regional arts & culture council's arts for all program. This program, begun in 2007, benefits citizens in the portland metropolitan area on food assistance (snap). Any holder of an oregon trail (snap) card may purchase 5 tickets to any cappella romana concert. The regular market-rate for tickets range from 22 to 49. Snap credit is not used for purchasing tickets. The arts for all program enables lower income individuals to experience the beauty of cappella romana's musical performance, in person, at a fraction of the regular price. Cappella romana concerts are open to the public without regard to race, color, ethnic origin, gender, religion, sexual orientation, or disability. We will not turn someone away for the lack of ability to pay. Cappella romana also provides its recordings without charge to the nonprofit all classical portland radio station to ensure that the greater community can experience our live performances and recordings. All classical's listenership is over 150,000. Cappella romana also offers free recitals of its musical program for the public as a gift to the community, in performances at the grotto's christmas festival of lights and at portland's greek festival each october. Cappella romana has also performed free of charge in hospitals, with a set of holiday carols for chronically ill patients there, and for weddings and funerals in its community. During the 2020 pandemic, additional free performances were broadcast online and available worldwide. Program activity in fy20 until the advent of the pandemic lockdown in march 2020, cappella romana's major artistic accomplishments in 2019-20 were the successful production of its portland, seattle, and bay area concert series, touring, and the release of a new recording "lost voices of hagia sophia," medieval byzantine chants from hagia sophia in constantinople (now istanbul). This recording was its greatest recording success so far, posting a record 43 weeks on the classical billboard chart. Fy20 marked cappella romana's 28th annual season and represented a levelling of the meteoric increase in programming that came in the prior fiscal years. We planned a six-concert series in the pacific northwest, to run from september 2019 through may 2020 with all but one program performed in both portland and seattle. We completed four of these programs normally, with live audiences, until the pandemic struck. The first four programs were the following: 1) lost voices of hagia sophia, cappella romana's extraordinary project that brings together art history, ancient music, and modern technology to present ancient byzantine chant in the virtual-reality acoustics of

Form 990, Part IX, Line 11G

137,424 1,112 1,252

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IRS990/Desc0AS ONE OF THE LEADING PROFESSIONAL CHAMBER CHOIRS IN NORTH AMERICA BOTH BY BUDGET AND ACTIVITY LEVEL, CAPPELLA ROMANA AIMS TO BE THE PREEMINENT GLOBAL PROPONENT OF EARLY AND CONTEMPORARY VOCAL MUSIC INSPIRED BY BYZANTIUM, RUSSIA, AND WESTERN EUROPE. FOUNDED BY MUSIC DIRECTOR ALEXANDER LINGAS IN 1991, ITS HIGHLY FOCUSED PROGRAMS OFFER A GLIMPSE OF THE TRANSCENDENT IN VOCAL ART, MADE POSSIBLE BY DEEP, ORIGINAL MUSICOLOGICAL AND ETHNOGRAPHICAL RESEARCH. REACHING MORE AUDIENCES EACH YEAR AND ACCLAIMED RECENTLY IN GRAMOPHONE MAGAZINE ("A SOUND WORLD OF UNIQUE BEAUTY"), THE PORTLAND, OREGON BASED ENSEMBLE PRESENTS A WEST COAST CONCERT SERIES (PORTLAND, SEATTLE, AND SAN FRANCISCO) AS ITS MAIN PROGRAM OFFERING. COLLABORATIONS WITH PEERS, SUCH AS PORTLAND ART MUSEUM, PORTLAND BAROQUE ORCHESTRA, AND THIRD ANGLE NEW MUSIC, REACH BROAD AUDIENCES, AS DO ITS REGIONAL, NATIONAL, AND INTERNATIONAL TOURS. CAPPELLA'S RECENT INTERNATIONAL TOURS INCLUDE PERFORMANCES IN THE NETHERLANDS, ROMANIA, HUNGARY, SERBIA, AND THE UNITED KINGDOM AND NATIONAL TOURS INCLUDE PERFORMANCES IN WASHINGTON (DC), MINNEAPOLIS, SACRAMENTO, SAN FRANCISCO, ST. LOUIS (MO), LINCOLN (NE), NEW YORK, LOS ANGELES, AND SEATTLE. CAPPELLA NOW HAS 25 RELEASED RECORDINGS, WHICH ARE DISTRIBUTED BY NAXOS OF AMERICA. CAPPELLA ROMANA WAS ONE OF THE EARLIEST ADOPTERS OF THE REGIONAL ARTS & CULTURE COUNCIL'S ARTS FOR ALL PROGRAM. THIS PROGRAM, BEGUN IN 2007, BENEFITS CITIZENS IN THE PORTLAND METROPOLITAN AREA ON FOOD ASSISTANCE (SNAP). ANY HOLDER OF AN OREGON TRAIL (SNAP) CARD MAY PURCHASE 5 TICKETS TO ANY CAPPELLA ROMANA CONCERT. THE REGULAR MARKET-RATE FOR TICKETS RANGE FROM 22 TO 49. SNAP CREDIT IS NOT USED FOR PURCHASING TICKETS. THE ARTS FOR ALL PROGRAM ENABLES LOWER INCOME INDIVIDUALS TO EXPERIENCE THE BEAUTY OF CAPPELLA ROMANA'S MUSICAL PERFORMANCE, IN PERSON, AT A FRACTION OF THE REGULAR PRICE. CAPPELLA ROMANA CONCERTS ARE OPEN TO THE PUBLIC WITHOUT REGARD TO RACE, COLOR, ETHNIC ORIGIN, GENDER, RELIGION, SEXUAL ORIENTATION, OR DISABILITY. WE WILL NOT TURN SOMEONE AWAY FOR THE LACK OF ABILITY TO PAY. CAPPELLA ROMANA ALSO PROVIDES ITS RECORDINGS WITHOUT CHARGE TO THE NONPROFIT ALL CLASSICAL PORTLAND RADIO STATION TO ENSURE THAT THE GREATER COMMUNITY CAN EXPERIENCE OUR LIVE PERFORMANCES AND RECORDINGS. ALL CLASSICAL'S LISTENERSHIP IS OVER 150,000. CAPPELLA ROMANA ALSO OFFERS FREE RECITALS OF ITS MUSICAL PROGRAM FOR THE PUBLIC AS A GIFT TO THE COMMUNITY, IN PERFORMANCES AT THE GROTTO'S CHRISTMAS FESTIVAL OF LIGHTS AND AT PORTLAND'S GREEK FESTIVAL EACH OCTOBER. CAPPELLA ROMANA HAS ALSO PERFORMED FREE OF CHARGE IN HOSPITALS, WITH A SET OF HOLIDAY CAROLS FOR CHRONICALLY ILL PATIENTS THERE, AND FOR WEDDINGS AND FUNERALS IN ITS COMMUNITY. DURING THE 2020 PANDEMIC, ADDITIONAL FREE PERFORMANCES WERE BROADCAST ONLINE AND AVAILABLE WORLDWIDE. PROGRAM ACTIVITY IN FY20 UNTIL THE ADVENT OF THE PANDEMIC LOCKDOWN IN MARCH 2020, CAPPELLA ROMANA'S MAJOR ARTISTIC ACCOMPLISHMENTS IN 2019-20 WERE THE SUCCESSFUL PRODUCTION OF ITS PORTLAND, SEATTLE, AND BAY AREA CONCERT SERIES, TOURING, AND THE RELEASE OF A NEW RECORDING "LOST VOICES OF HAGIA SOPHIA," MEDIEVAL BYZANTINE CHANTS FROM HAGIA SOPHIA IN CONSTANTINOPLE (NOW ISTANBUL). THIS RECORDING WAS ITS GREATEST RECORDING SUCCESS SO FAR, POSTING A RECORD 43 WEEKS ON THE CLASSICAL BILLBOARD CHART. FY20 MARKED CAPPELLA ROMANA'S 28TH ANNUAL SEASON AND REPRESENTED A LEVELLING OF THE METEORIC INCREASE IN PROGRAMMING THAT CAME IN THE PRIOR FISCAL YEARS. WE PLANNED A SIX-CONCERT SERIES IN THE PACIFIC NORTHWEST, TO RUN FROM SEPTEMBER 2019 THROUGH MAY 2020 WITH ALL BUT ONE PROGRAM PERFORMED IN BOTH PORTLAND AND SEATTLE. WE COMPLETED FOUR OF THESE PROGRAMS NORMALLY, WITH LIVE AUDIENCES, UNTIL THE PANDEMIC STRUCK. THE FIRST FOUR PROGRAMS WERE THE FOLLOWING: 1) LOST VOICES OF HAGIA SOPHIA, CAPPELLA ROMANA'S EXTRAORDINARY PROJECT THAT BRINGS TOGETHER ART HISTORY, ANCIENT MUSIC, AND MODERN TECHNOLOGY TO PRESENT ANCIENT BYZANTINE CHANT IN THE VIRTUAL-REALITY ACOUSTICS OF
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.13$0.31$0.81$0.94$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.14$0.44$1.10$0.97$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$0.86$0.82$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.12$0.29$0.58$0.50$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.20$0.21$0.66$0.58$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.05$0.13$0.73$0.72$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.05$0.13$0.68$0.66$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.04$0.11$0.69$0.80$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.07$0.22$0.52$0.42$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.13$0.51$0.48$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.10$0.41$0.38$0.03
2013Summary only. Only limited summary data is available for this year.$0.11$0.03$0.08$0.29$0.29$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.02$0.08$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.02$0.08$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.02$0.08$0.25