CHAMBER MUSIC CONFERENCE &

EIN: 510152693 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$501,630
Total Expenses
$510,458
Total Assets
$1,515,680
Net Assets
$1,487,990
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
VT
Principal Officer
Stanley L Corfman
Phone
9176533206
Tax Period
2023-01-01 to 2023-12-31

CHAMBER MUSIC CONFERENCE &, founded in 1953, is a small nonprofit in the Arts, Culture & Humanities sector that reported $502K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Net assets of $1.5M represent 36 months of operating reserves.

Mission

Chamber Music Conference 4 weeks each summer. Serves about 300 participants. Study of music, lectures and concerts open free to the public. Commissions new compositions by emerging composers which are presented in free public concerts.

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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 $87,384
Program Service Revenue $374,310
Investment Income $37,070
Other Revenue $2,866
TOTAL REVENUE $501,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,350
Fundraising Expenses $0
Program Expenses $410,074
Other Expenses $365,108
TOTAL EXPENSES $510,458

Year-over-Year Comparison

2023 2022 Change
Revenue $501,630 $530,738 -0.1%
Expenses $510,458 $527,588 0.0%
Net Income $-8,828 $3,150 -3.8%
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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Governance

Voting Members
14
Independent Members
14
Employees
4
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
4
$0
Total Directors
14
$0
Key Employees
2
$84,492
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Susan Ikeda Executive Director 18
Key Emp
$52,000 $0 $52,000
Tobias Werner Music Director 12
Key Emp
$32,492 $0 $32,492
Michael Kong Chairman 10
Officer Director
$0 $0 $0
Andrea Berger Vice Chair 5
Officer Director
$0 $0 $0
Dianne Mahany Treasurer 10
Officer Director
$0 $0 $0
Katie Pena Secretary 5
Officer Director
$0 $0 $0
Katherine Canning Director 3
Director
$0 $0 $0
Miriam Goldberg Director 3
Director
$0 $0 $0
Barbara Kipp Director 3
Director
$0 $0 $0
David Knapp Director 3
Director
$0 $0 $0
Larry Kohorn Director 3
Director
$0 $0 $0
Sylvia Lipnick Director 3
Director
$0 $0 $0
Patricia Maxson Director 3
Director
$0 $0 $0
Linda Rappaport Director 3
Director
$0 $0 $0
Claire Stefani Director 3
Director
$0 $0 $0
Beverly Van Ausdal Director 3
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
2024 No data No data No data No data
2023 $501,630 $510,458 $1,515,680 $-8,828
2022 $530,738 $527,588 $1,343,658 $3,150
2021 $325,683 $378,275 $1,622,120 $-52,592
2020 $202,781 $235,625 $1,516,231 $-32,844
2019 $605,252 $602,287 $1,397,102 $2,965
2018 $595,420 $574,724 $1,209,666 $20,696
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