CHORAL CHAMELEON INC

EIN: 263793632 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$369,737
Total Expenses
$305,363
Total Assets
$22,886
Net Assets
$-16,334
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
Karen Beluso
Phone
3473520340
Tax Period
2024-07-01 to 2025-06-30

CHORAL CHAMELEON INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $370K in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 17% operating margin.

Mission

The mission of Choral Chameleon is to reinvent the art of choral music from every perspective. As a nationally recognized performing and education organization based in New York City, Choral Chameleon pursues this mission by presenting innovative performances and collaborations that blend musical genres and art forms, commissioning new choral works each season and maintaining a Composer-in-Residence Program, nurturing the artistic growth of emerging choral artists through its Institute for Composers and Conductors and its Music Directing Fellowship, and supporting music educators and their students through teaching-artist residencies in public schools.

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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 (2024)

Revenue Breakdown

Contributions & Grants $256,637
Program Service Revenue $116,588
Investment Income $0
Other Revenue $-3,488
TOTAL REVENUE $369,737

Expense Breakdown

Grants Paid $3,375
Salaries & Benefits $0
Fundraising Expenses $18,284
Program Expenses $266,564
Other Expenses $301,988
TOTAL EXPENSES $305,363

Year-over-Year Comparison

2024 2023 Change
Revenue $369,737 $206,188 +0.8%
Expenses $305,363 $254,089 +0.2%
Net Income $64,374 $-47,901 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
6
Employees
N/A
Volunteers
20

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
1
$0
Total Directors
9
$34,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vince Peterson Artistic Director 5
Director
$16,500 $0 $16,500
Ronald Romano Education Director 1
Director
$9,300 $0 $9,300
Sandra Bumgarner Managing Director 5
Director
$9,000 $0 $9,000
Karen M Beluso Board President 5
Officer Director
$0 $0 $0
Marshall Bessieres At-Large 1
Director
$0 $0 $0
Michael Engstrom At-Large 1
Director
$0 $0 $0
Matthew Finkel At-Large 1
Director
$0 $0 $0
Tyler Polen At-Large 1
Director
$0 $0 $0
Boreta Singleton At Large 5
Director
$0 $0 $0
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
2025 $369,737 $305,363 $22,886 $64,374
2024 $206,188 $254,089 $5,456 $-47,901
2023 $291,315 $237,921 $143,214 $53,394
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