Form 990 for tax year 2022
Filed by AMERICAN COMPOSERS ORCHESTRA INC.
Totals
- Total revenue
- $1,974,579
- Total expenses
- $1,950,844
- Contributions and grants received
- $1,697,021
- Grants paid
- $0
- Program service revenue
- $247,923
- Investment income
- $5,168
- Other revenue
- $24,467
- Total assets, end of year
- $3,274,731
- Total liabilities, end of year
- $273,424
- Net assets or fund balances, end of year
- $3,001,307
- Program services expenses (Part IX)
- $1,498,851
- Management and general expenses
- $262,335
- Fundraising expenses
- $189,658
- Program service expenses (Part III)
- $1,498,851
Program services were 76.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$64,777
-
1e · Government grants (contributions)
$257,215
-
1f · All other contributions, gifts and grants
$1,375,029
-
2a · Program service revenue: PERFORMANCE AND WORKSHOP FEES
total $145,900 · related or exempt $145,900
-
2b · Program service revenue: CONTRACT AND CONSULTING SERVICES
total $97,278 · related or exempt $97,278
-
2c · Program service revenue: TICKET SALES
total $4,745 · related or exempt $4,745
-
3 · Investment income
total $60,621 · excluded $60,621
-
7a · Gross sales of assets other than inventory
securities $98,981
-
7b · Less cost or other basis and sales expenses
securities $154,434
-
7c · Gain or loss
securities -$55,453
-
7d · Net gain or loss
total -$55,453 · excluded -$55,453
-
8a · Fundraising events: gross income
$62,057
-
8a · Fundraising events: contributions included on line 1c
$64,777
-
8b · Fundraising events: direct expenses
$62,057
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: OTHER INCOME
total $24,467 · excluded $24,467
-
11e · Other revenue, total
$24,467
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $202,446 · program services $121,468 · management and general $40,489 · fundraising $40,489
-
7 · Other salaries and wages
total $765,595 · program services $664,038 · management and general $1,328 · fundraising $100,229
-
8 · Pension plan contributions
total $79,407 · program services $66,297 · management and general $1,858 · fundraising $11,252
-
9 · Other employee benefits
total $24,963 · program services $21,968 · fundraising $2,995
-
10 · Payroll taxes
total $83,418 · program services $67,968 · management and general $3,397 · fundraising $12,053
-
11c · Fees: accounting
total $63,451 · management and general $63,451
-
11g · Fees: other
total $31,097 · management and general $31,097
-
12 · Advertising and promotion
total $40,263 · program services $6,174 · management and general $34,089
-
13 · Office expenses
total $14,809 · program services $12,015 · management and general $613 · fundraising $2,181
-
16 · Occupancy
total $74,173 · program services $60,172 · management and general $3,079 · fundraising $10,922
-
17 · Travel
total $38,100 · program services $27,279 · management and general $10,730 · fundraising $91
-
22 · Depreciation, depletion and amortization
total $490 · program services $398 · management and general $20 · fundraising $72
-
23 · Insurance
total $13,404 · program services $10,874 · management and general $556 · fundraising $1,974
-
24a · Other expenses: PRESENTATION EXPENSES
total $247,282 · program services $247,282
-
24b · Other expenses: EVENT EXPENSES
total $101,918 · program services $28,651 · management and general $70,427 · fundraising $2,840
-
24c · Other expenses: PERFORMANCE HALL
total $99,312 · program services $99,312
-
24d · Other expenses: OTHER PERFORMANCE EXPEN
total $41,719 · program services $41,429 · fundraising $290
-
24e · All other expenses
total $28,997 · program services $23,526 · management and general $1,201 · fundraising $4,270
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $186,273 · end of year $357,922
-
2 · Savings and temporary cash investments
beginning of year $18,201 · end of year $18,205
-
3 · Pledges and grants receivable
beginning of year $540,357 · end of year $661,855
-
4 · Accounts receivable
beginning of year $105,072 · end of year $97,159
-
9 · Prepaid expenses and deferred charges
beginning of year $93,955 · end of year $48,500
-
10a · Land, buildings and equipment: cost or other basis
$11,676
-
10b · Land, buildings and equipment: accumulated depreciation
$11,676
-
10c · Land, buildings and equipment, net
beginning of year $490 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,958,772 · end of year $2,061,308
-
15 · Other assets
end of year $29,782
-
17 · Accounts payable and accrued expenses
beginning of year $97,913 · end of year $216,795
-
25 · Other liabilities
beginning of year $9,567 · end of year $56,629
-
27 · Net assets without donor restrictions
beginning of year -$57,152 · end of year $62,902
-
28 · Net assets with donor restrictions
beginning of year $2,852,792 · end of year $2,938,405
Mission and programs · 2022
Mission
PERFORMANCE, PRESENTATION, COMMISSIONING, RECORDING AND DISSEMINATION OF AMERICAN MUSIC FOR SYMPHONY ORCHESTRA; PROFESSIONAL DEVELOPMENT FOR AMERICAN COMPOSERS; AND EDUCATION ACTIVITIES ABOUT AMERICAN MUSIC FOR STUDENTS AND THE GENERAL PUBLIC.
Activities or mission (Part I)
CREATION, CELEBRATION, PERFORMANCE AND PROMOTION OF MUSIC BY AMERICAN COMPOSERS.
-
CONCERT PERFORMANCES FEATURING AMERICAN COMPOSERSACO'S 22-23 NYC SEASON FEATURING ITS ENSEMBLE INCLUDED 12 WORKS BY AMERICAN COMPOSERS. 50% OF THE FEATURED COMPOSERS WERE FEMALE OR NONBINARY, AND 67% WERE BIPOC. IN ADDITION, ACO PRESENTED 12 EVENTS AS PART OF ITS SONIC FESTIVAL IN NYC. IN-PERSON CONCERTS SERVED OVER 2300 LIVE AUDIENCE IN NEW YORK CITY. ACO'S DIRECT PRESENTATIONS INCLUDED TWO CONCERTS AT ZANKEL HALL AT CARNEGIE HALL IN OCTOBER 2022 AND MARCH 2023, AS WELL AS A COLABORATORY SHOWCASE IN JUNE 2023, WHICH FEATURED THREE WORKS DEVELOPED VIA ACO'S EARSHOT COLABORATORY RESIDENCY PROGRAM.
Expenses $914,278 · Revenue $48,225
-
EARSHOT: OPPORTUNITIES FOR EMERGING COMPOSERS AMERICAN COMPOSERS ORCHESTRA'S COMPOSER ADVANCEMENT INITIATIVES, EARSHOT IS THE FIRST ONGOING, SYSTEMATIC PROGRAM FOR DEVELOPING RELATIONSHIPS BETWEEN COMPOSERS AND ORCHESTRAS ON THE NATIONAL LEVEL. THROUGH ORCHESTRAL READINGS, COLABORATORY FELLOWSHIPS, CONSORTIUM COMMISSIONS, AND PROFESSIONAL DEVELOPMENT, EARSHOT ENSURES A VIBRANT MUSICAL FUTURE BY INVESTING IN CREATIVITY TODAY. ACO PRODUCED EIGHT VIRTUAL PROFESSIONAL DEVELOPMENT WEBINARS ON TOPICS INCLUDING NETWORKING, SELF-PUBLISHING, COMMISSIONING AGREEMENTS AND CONSORTIA, ORCHESTRATION, FUNDRAISING, PUBLIC SPEAKING, AND MORE, SERVING 1,127 INDIVIDUALS. ACO'S EARSHOT READINGS SERVED 20 FEATURED ARTISTS VIA ITS OWN JUNE READINGS IN NYC, AND FOUR OTHERS IN PARTNERSHIP WITH SYMPHONY ORCHESTRAS IN DALLAS, TX, ATLANTA, GA, AND NAPLES, FL, AS WELL AS THE NEXT FESTIVAL OF EMERGING ARTISTS IN NYC. COLABORATORY PROVIDED COMMISSIONS AND WORKSHOPS TO SIX ARTISTS CREATING FIVE WORKS.
Expenses $406,532 · Revenue $105,268
-
MUSIC EDUCATION PROGRAM IN THE 2022-23 SEASON, ACO DIRECTLY SERVED 350 STUDENTS THROUGH IN-SCHOOL, AFTER-SCHOOL, AND DISTANCE-LEARNING PROGRAMS FOR MIDDLE AND HIGH SCHOOL STUDENTS. PROGRAMS INCLUDED SONIC SPARK ENSEMBLES, MIDDLE AND HIGH SCHOOL DIRECT INSTRUMENTAL AND VOICE INSTRUCTION; COMPOSE YOURSELF, HIGH SCHOOL COMPOSITION CLASSES; SONIC SPARK LAB, MIDDLE AND HIGH SCHOOL COMPOSITION AND CREATIVITY CLASSES. PROGRAMS INCLUDED WEEKLY SCHOOL-BASED CLASSES AND PROJECT-BASED CREATIVE CAPACITY BUILDING LED BY TEACHING ARTISTS, AND DIRECT MUSIC COMPOSITION INSTRUCTION WITH ACO'S EDUCATION DIRECTOR. ACO'S CLASSES SERVED SEVEN PUBLIC NYC SCHOOLS WITH A POPULATION OF 74% ALAANA/BIPOC, 21% WITH A DISABILITY, 6% ENGLISH LANGUAGE LEARNER, 85% LOW INCOME.
Expenses $178,041 · Revenue $94,430
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sameera TroeschSAMEERA TROESCH
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Melissa NganMELISSA NGAN
PRESIDENT & CEO
- Total calculated
- $194,369
- From this org
- $180,500
- From related orgs
- $0
- Other
- $13,869
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,000
- Bonus
- $500
- Other
- $0
- Deferred
- $4,777
- Nontaxable benefits
- $9,092
- Filer's total
- $194,369
-
Michael FehrmanMICHAEL FEHRMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn GoMARILYN GO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Derek BermelDEREK BERMEL
ARTISTIC DIRECTOR
- Total calculated
- $2,000
- From this org
- $2,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Astrid R BaumgardnerASTRID R BAUMGARDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jane CavalierJANE CAVALIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Evan DelgadoEVAN DELGADO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Toyin Spellman DiazTOYIN SPELLMAN DIAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott DunnSCOTT DUNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philip GlassPHILIP GLASS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Augusta GrossAUGUSTA GROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Benjamin HildnerBENJAMIN HILDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan HollandJONATHAN HOLLAND
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Chris LandoCHRIS LANDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tess MateoTESS MATEO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annette McEvoyANNETTE MCEVOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Samir NikocevicSAMIR NIKOCEVIC
CONDUCTOR LAUREATE
- Total calculated
- $0
- Hours/week
- 1
-
Geoffroy Van RaemdonckGEOFFROY VAN RAEMDONCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael RussellMICHAEL RUSSELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah ShermanDEBORAH SHERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karen SlackKAREN SLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melinda WagnerMELINDA WAGNER
DIRECTOR
- Total calculated
- $2,500
- From this org
- $2,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Frederick WertheimFREDERICK WERTHEIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401249349301505
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