MCLEAN ORCHESTRA

EIN: 510176806 501(c)(3)

MCLEAN, VA

Total Revenue
$42,473
Total Expenses
$16,148
Total Assets
$576,573
Net Assets
$384,766
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VA
Principal Officer
JAMES BAKER
Phone
7038938646
Tax Period
2020-07-01 to 2021-06-30

MCLEAN ORCHESTRA, founded in 1971, is a small nonprofit that reported $233K in total revenue in fiscal year 2017. Revenue decreased 19% compared to the prior year. Expenses of $265K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PRESENT AND SUPPORT THE PERFORMANCE OF HIGH-QUALITY ORCHESTRAL MUSIC, MUSIC EDUCATION AND OUTREACH PROGRAMS FOR AUDIENCES IN THE NATIONAL CAPITAL REGION; TO FOSTER AN APPRECIATION FOR AND UNDERSTANDING OF SYMPHONIC MUSIC WITHIN THE COMMUNITIES IT SERVES THROUGH ITS SUPPORT OF THE MCLEAN YOUTH ORCHESTRA AND ITS OTHER EDUCATIONAL ACTIVITIES; AND TO EXPAND THE RANGE OF OPPORTUNITIES FOR THE COMMUNITY TO HEAR AND ENJOY AFFORDABLE, LIVE CLASSICAL PERFORMANCES AND TO PARTICIPATE IN ENRICHING MUSICAL EXPERIENCES.

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $17,055
Program Service Revenue $0
Investment Income $25,418
Other Revenue $0
TOTAL REVENUE $42,473

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,532
Fundraising Expenses $1,673
Program Expenses $9,878
Other Expenses $14,616
TOTAL EXPENSES $16,148

Year-over-Year Comparison

2020 2019 Change
Revenue $42,473 $80,208 -0.5%
Expenses $16,148 $115,264 -0.9%
Net Income $26,325 $-35,056 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BAKER PRESIDENT 1.00
Officer Director
$0 $0 $0
MARGOT TOWNSEND YOUNG IMMEDIATE PAST PRESIDENT & MYO LIASION 1.00
Officer Director
$0 $0 $0
JOHN BROUGH SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH FRANK TRUSTEE 1.00
Director
$0 $0 $0
ANNE HARRIS TRUSTEE, GOV & NOM. COMMITTEE, CHAIR 1.00
Director
$0 $0 $0
TERESA KLINT TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN O'ROURKE TRUSTEE 1.00
Director
$0 $0 $0
J ALMONT PIERCE TRUSTEE 1.00
Director
$0 $0 $0
RACHEL GEORGELAS TRUSTEE 1.00
Director
$0 $0 $0
KENNETH NUNNENKAMP BOARD COUNSEL 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
2021 $42,473 $16,148 $576,573 $26,325
2020 $80,208 $115,264 $488,773 $-35,056
2019 $213,080 $233,522 $471,379 $-20,442
2018 $232,731 $265,241 $490,748 $-32,510
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