NATIONAL CHORAL COUNCIL INC

EIN: 132598476 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$306,582
Total Expenses
$344,694
Total Assets
$29,180
Net Assets
$-26,072
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NY
Principal Officer
AMY SIEGLER
Phone
9176998896
Tax Period
2023-10-01 to 2024-09-30

NATIONAL CHORAL COUNCIL INC, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $307K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $345K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE NATIONAL CHORALE IS A PROFESSIONAL CHORAL MUSIC ORGAGIZATION DEVOTED TO INSPIRING DIVERSE AUDIENCES THROUGH EDUCATION AND PERFORMANCE. WE PROMOTE AND DELIVER BEAUTY AND ARTISTIC EXPRESION TO THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $5,176 Revenue: $39,817

PUBLIC CONCERT PERFORMANCES

Program 2
Expenses: $26,027 Revenue: $216,809

CONTRACTED SERVICES

Program 3
Expenses: $7,993 Revenue: $49,956

GRANTS AND CONTRIBUTIONS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $306,582
Investment Income $0
Other Revenue $0
TOTAL REVENUE $306,582

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,045
Fundraising Expenses $1,647
Program Expenses $39,196
Other Expenses $266,637
TOTAL EXPENSES $344,694

Year-over-Year Comparison

2023 2022 Change
Revenue $306,582 $252,499 +0.2%
Expenses $344,694 $363,363 -0.1%
Net Income $-38,112 $-110,864 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$74,000
Total Directors
8
$74,000
Key Employees
1
$74,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASMINE AHMED BOARD MEMBER 005.00
Director
$0 $0 $0
PAMELA ANDERSON BOARD MEMBER 001.00
Director
$0 $0 $0
BILL BARONI BOARD MEMBER 001.00
Director
$0 $0 $0
DR WILLIAM B DRAKE JR BOARD MEMBER 001.00
Director
$0 $0 $0
MR PETER PERLMAN BOARD MEMBER 001.00
Director
$0 $0 $0
JUDITH E RINEARSON ESQ BOARD CHAIRPERSON 001.00
Officer Director
$0 $0 $0
SHERRY WRIGHT BOARD MEMBER 001.00
Director
$0 $0 $0
AMY SIEGLER EXEC DIRECTOR 040.00
Officer Director Key Emp Highest
$74,000 $0 $74,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $306,582 $344,694 $29,180 $-38,112
2023 $252,499 $363,363 $66,222 $-110,864
2022 $339,745 $370,538 $173,274 $-30,793
2021 $308,477 $333,587 $206,634 $-25,110
2020 $520,803 $418,924 $234,726 $101,879
2019 $517,276 $464,234 $80,447 $53,042
2018 $752,366 $729,681 $52,115 $22,685
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