Gateway Chamber Orchestra
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$195,145.00
Projected Expenses
$85,176.00
Organizational Budgets and Other Documents
| Budget 2023-24 | 2024 |
| Budget 2022-23 | 2023 |
| Budget 2021-22 | 2022 |
| Budget 2020-2021 | 2021 |
| Budget 2019-20 | 2020 |
| Budget 2018-19 | 2019 |
| Budget 2017-18 | 2018 |
| Budget 2016-17 | 2017 |
IRS Letter of Exemption
| Gateway Chamber Orchestra IRS Ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $259,712.00 | $171,668.00 | $119,276.00 |
| Total Expenses | $245,205.00 | $146,695.00 | $183,458.00 |
| Revenue Less Expenses | $14,507.00 | $24,973.00 | ($64,182.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $10,000.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $83,803.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $128,453.00 | $135,337.00 | $117,669.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $47,456.00 | $26,331.00 | $1,607.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $190,328.00 | $0.00 | $164,817.00 |
| Administration Expense | $54,877.00 | $0.00 | $18,641.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 106% | 65% | |
| Program Expense/Total Expenses | 78% | 90% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $128,453.00 | Contributions, Gifts, and Grants $145,337.00 | Contributions, Gifts, and Grants $117,669.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $83,803.00 | Program Revenue $26,331.00 | Program Revenue $1,607.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $47,456.00 | Foundations and Corporations $10,000.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $40,557.00 | $27,817.00 | $3,846.00 |
| Current Assets | $38,465.00 | $27,817.00 | $3,846.00 |
| Long-Term Liabilities | $73,074.00 | $75,001.00 | $76,003.00 |
| Current Liabilities | $160.00 | $0.00 | $0.00 |
| Total Net Assets | $-32,677.00 | $-47,184.00 | $-72,517.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| 990 | 2023 |
| 990EZ | 2022 |
| 990EZ | 2021 |
| 990EZ | 2020 |
| 990EZ | 2019 |
| 990EZ | 2018 |
| 990EZ | 2017 |
| 990EZ | 2016 |
| 990EZ | 2015 |
| 990EZ | 2014 |
| 990EZ | 2013 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial figures taken from the 990EZ. 990EZ prepared by Stone, Rudolph & Henry, PLC. Schedule B removed to protect donor privacy. Comment provided by Hayley Sulfridge 4/11/24. |
