Choral Arts Link, Inc.
615-260-5278 ext. 6152605278
4200 Kings Court
Nashville, TN 37218
Nashville, TN 37218
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| choral arts link, inc irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $33,858.00 | $67,858.00 | |
| Total Expenses | $37,169.00 | $62,696.00 | |
| Revenue Less Expenses | ($-0.00) | ($3,311.00) | $5,162.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $20,499.00 | $18,660.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $13,359.00 | $49,198.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $15,046.00 | $39,721.00 | |
| Administration Expense | $22,123.00 | $22,975.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 91% | 108% | |
| Program Expense/Total Expenses | 40% | 63% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $20,499.00 | Program Revenue $49,198.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $13,359.00 | Contributions, Gifts, and Grants $18,660.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $5,640.00 | $10,119.00 | |
| Current Assets | $5,440.00 | $10,119.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $0.00 | $0.00 | |
| Total Net Assets | $5,640.00 | $10,119.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2023
Form 990s
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| Our president's guidance is engendering more productivity by connecting with each board member and garnering their personal commitment in time and resources. We began as a grassroots organization and have worked to engage new board members with more diversified corporate skill sets. This transition is a work in progress and challenges us in a new way of considering the term diversity - in skill sets. To this end, we have elected new (2) board members which hit two key areas of diversity for this organization: cultural and skill set diversity. There is now a 20 - 80% ratio of W-B in board membership. We now have an accountant/financial planner and the Music Director/Host for WPLN, 91.1 Classical as board members. Candid, yet respectful communication paired with our unified determination to provide vital arts education performance services to our clientele has been, and continues to be a major part of our strategic progress. New leadership using diversified skill sets offers new opportunities to capitalize on this steady momentum in support CAL programming. Challenges: Since our income is seasonal, CAL's cash flow has always a challenge. Opportunities: Profile: CAL year-over-year differences has come from increase fundraising and grants. The expenses increases are related to Summer Camp time allotment and commissioned musical compositions to celebrate CAL milestones. |
Foundation Staff Comments
| Financial figures taken from 990EZ only. 990EZ was prepared by internally by nonprofit. Foundations and corporate contributions may be including in Contributions, Gifts, and Grants sum is not separated in Form 990EZ. Comment provided by Nicole Rose 04/01/2023. |
