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)

4 risk indicators measuring financial stability and operational resilience

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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 personallymeaningful and to cultivate a repertoire that is not usually heard in this region musical gems of early music aswell as 20th century and contemporary works.

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

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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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