CRESCENDO INC

EIN: 562537454 501(c)(3) Arts, Culture & Humanities

LAKEVILLE, CT

Total Revenue
$241,857
Total Expenses
$216,464
Total Assets
$209,014
Net Assets
$207,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CT
Phone
9177057412
Tax Period
2023-07-01 to 2024-06-30

CRESCENDO INC, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $242K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $216K left a modest 10% surplus.

Mission

Our mission is to give listeners and performers experiences with classical music that are emotionally and personally meaningful and to cultivate a repertoire that is not usually heard in this region musical gems of early music as well as 20th century and contemporary works.

Program Service Accomplishments

Program 1
Expenses: $55,949 Revenue: $78,128

October 2023: presented two performances of a choral concert program "Fantastic Baroque!" sacred choral works and opera choruses from the early Baroque to the early Classical periods in Latin America...

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October 2023: presented two performances of a choral concert program "Fantastic Baroque!" sacred choral works and opera choruses from the early Baroque to the early Classical periods in Latin America and Europe. Trained community members to form the chorus. Performed the program with the chorus and professional soloists accompanied by professional musicians on period instruments. It was captured on video for ongoing viewing online.

Program 2
Expenses: $29,460 Revenue: $28,435

May 2024: presented two semi-staged performances of "Gilbert & Sullivan: Trial By Jury and more.". Trained community members to form the chorus. Performed the program with the chorus and professional...

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May 2024: presented two semi-staged performances of "Gilbert & Sullivan: Trial By Jury and more.". Trained community members to form the chorus. Performed the program with the chorus and professional soloists accompanied by professional musicians. It was captured on video for ongoing viewing online.

Program 3
Expenses: $22,577 Revenue: $5,661

March 2024: presented two performances of a choral concert program "Carissimi - Jephte and Missa LHomme arme". Trained community members to form the chorus. Performed the program with the chorus and...

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March 2024: presented two performances of a choral concert program "Carissimi - Jephte and Missa LHomme arme". Trained community members to form the chorus. Performed the program with the chorus and professional soloists accompanied by professional musicians on period instruments. It was captured on video for ongoing viewing online.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $171,368
Program Service Revenue $63,348
Investment Income $7,141
Other Revenue $0
TOTAL REVENUE $241,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,000
Fundraising Expenses $4,050
Program Expenses $155,862
Other Expenses $186,464
TOTAL EXPENSES $216,464

Year-over-Year Comparison

2023 2022 Change
Revenue $241,857 $176,089 +0.4%
Expenses $216,464 $164,599 +0.3%
Net Income $25,393 $11,490 +1.2%
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
9
Independent Members
8
Employees
N/A
Volunteers
13

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
$0
Total Directors
4
$30,000
Key Employees
1
$30,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maureen Bateman President 0.00
Officer
$0 $0 $0
Henry Putzel III Vice President 0.00
Officer
$0 $0 $0
Grace Schalkwyk Treasurer 0.00
Officer
$0 $0 $0
Thomas Schindler Communications 0.00
Officer
$0 $0 $0
Brian Farrell Secretary 0.00
Officer
$0 $0 $0
Kathy Drake Director 0.00
Director
$0 $0 $0
Sarah Melcher Director 0.00
Director
$0 $0 $0
Michael Nesbitt Director 0.00
Director
$0 $0 $0
Christine Gevert Founding and Artistic Director 20.00
Director Key Emp
$30,000 $0 $30,000
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 $241,857 $216,464 $209,014 $25,393
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