CHAMBERFEST CLEVELAND

EIN: 453437884 501(c)(3) Arts, Culture & Humanities

CLEVELAND, OH

Total Revenue
$436,046
Total Expenses
$506,859
Total Assets
$616,151
Net Assets
$613,000
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OH
Principal Officer
JESSICA PEEK SHERWOOD
Phone
2164718887
Tax Period
2024-09-01 to 2025-08-31

CHAMBERFEST CLEVELAND, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $436K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $507K exceeded revenue, resulting in a 16% operating deficit.

Mission

CHAMBERFEST CLEVELAND PRESENTS WORLD-CLASS MUSICIANS IN SUMMER CHAMBER FESTIVALS OF UNIQUE PROGRAMS THAT CREATE ENGAGING AUDIENCE EXPERIENCES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $336,333
Program Service Revenue $80,244
Investment Income $0
Other Revenue $19,469
TOTAL REVENUE $436,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,431
Fundraising Expenses $38,330
Program Expenses $404,237
Other Expenses $234,428
TOTAL EXPENSES $506,859

Year-over-Year Comparison

2024 2023 Change
Revenue $436,046 $713,925 -0.4%
Expenses $506,859 $491,915 +0.0%
Net Income $-70,813 $222,010 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
15
Independent Members
14
Employees
1
Volunteers
35

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
5
$121,075
Total Directors
15
$39,025
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA PEEK SHERWOOD EXECUTIVE DI 40.00
Officer
$82,050 $0 $82,050
DIANA COHEN PRESIDENT 5.00
Officer Director
$39,025 $0 $39,025
REBECCA CARMI SECRETARY 2.00
Officer Director
$0 $0 $0
ENRICO CERTO BOARD MEMBER 1.00
Director
$0 $0 $0
FRANKLIN COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE COMBER-MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
DR MICHAEL LEDERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAN LINDSAY CHAIR 4.00
Officer Director
$0 $0 $0
ELLEN LOUGHAN BOARD MEMBER 1.00
Director
$0 $0 $0
GLENN MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
HEDY MILGROM BOARD MEMBER 1.00
Director
$0 $0 $0
COSTA PETRIDIS BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES ROBINSON TREASURER 2.00
Officer Director
$0 $0 $0
DR BETH SERSIG BOARD MEMBER 1.00
Director
$0 $0 $0
CHARNA SHERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
SUE STARRETT BOARD MEMBER 1.00
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 $436,046 $506,859 $616,151 $-70,813
2024 $716,895 $491,915 $684,115 $224,980
2023 $435,913 $438,963 $463,138 $-3,050
2022 $478,689 No data No data No data
2021 $436,735 $303,039 $474,608 $133,696
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHAMBERFEST CLEVELAND with other nonprofits in Ohio and across the country.