CHESAPEAKE CHAMBER MUSIC INC T/A CHESAPEAKE MUSIC

EIN: 521607175 501(c)(3) Arts, Culture & Humanities

EASTON, MD

Total Revenue
$572,544
Total Expenses
$387,775
Total Assets
$840,758
Net Assets
$838,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MD
Principal Officer
MARIANA LESHER
Phone
4108190380
Tax Period
2023-10-01 to 2024-09-30

CHESAPEAKE CHAMBER MUSIC INC T/A CHESAPEAKE MUSIC, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $573K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 32% operating margin.

Mission

PROVIDE PROFESSIONAL MUSICAL CONCERTS AND EVENTS TO THE GENERAL PUBLIC ON THE DELMARVA PENNINSULA.

Program Service Accomplishments

Program 1
Expenses: $215,178 Revenue: $99,254

PRESENT SEVERAL QUALITY CONCERTS TO TALBOT COUNTY FOR LOW ADMISSION FEES

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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 $473,290
Program Service Revenue $99,213
Investment Income $-9,259
Other Revenue $9,300
TOTAL REVENUE $572,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,623
Fundraising Expenses $23,305
Program Expenses $215,178
Other Expenses $273,152
TOTAL EXPENSES $387,775

Year-over-Year Comparison

2023 2022 Change
Revenue $572,544 $355,976 +0.6%
Expenses $387,775 $322,152 +0.2%
Net Income $184,769 $33,824 +4.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
80

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
$16,731
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESS HABERMAN TREASURER 5.00
Officer Director
$0 $0 $0
BARRY KOH DIRECTOR 5.00
Director
$0 $0 $0
ELIZABETH KOPROWSKI SECRETARY 5.00
Officer Director
$0 $0 $0
MARIANA LESHER PRESIDENT 5.00
Officer Director
$0 $0 $0
KAE DAKIN DIRECTOR 1.00
Director
$0 $0 $0
WALDA ROSEMAN DIRECTOR 1.00
Director
$0 $0 $0
ANNA SNOW DIRECTOR 1.00
Director
$0 $0 $0
NANCY LARSON DIRECTOR 1.00
Director
$0 $0 $0
EDGAR SMITH DIRECTOR 1.00
Director
$0 $0 $0
LISA CONNERS DIRECTOR 1.00
Director
$0 $0 $0
MARIA GRANT DIRECTOR 1.00
Director
$0 $0 $0
DAVID FALERIS EXECUTIVE DIRECTOR 40.00
Officer
$16,731 $0 $16,731
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 No data No data No data No data
2024 $572,544 $387,775 $840,758 $184,769
2023 $355,976 $322,152 $630,224 $33,824
2022 $297,292 $309,178 $559,081 $-11,886
2021 $387,328 $254,332 $645,705 $132,996
2020 $234,861 $188,203 $463,591 $46,658
2019 $411,942 $354,686 $395,404 $57,256
2018 $497,782 $406,107 $342,531 $91,675
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