KEY CHORALE INC

EIN: 592779200 501(c)(3)

SARASOTA, FL

Total Revenue
$939,130
Total Expenses
$1,075,039
Total Assets
$499,944
Net Assets
$169,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
FL
Principal Officer
ROBERT WENNBERG
Phone
9419214845
Tax Period
2024-07-01 to 2025-06-30

KEY CHORALE INC, founded in 1986, is a small nonprofit that reported $939K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

Key Chorale, the Suncoast's premier symphonic chorus, is dedicated to transforming lives through innovative programming, artistic excellence, educational outreach and service to the community.

Program Service Accomplishments

Program 1
Expenses: $677,556 Revenue: $253,535

KEY CHORALES 40th ANNIVERSARY SEASON INCLUDED TEN SELF OR CO-PRODUCED PERFORMANCE EVENTS TOTALING FOURTEEN CONCERTS. SEPTEMBER BEGAN WITH ON OUR WAY, FOLLOWED IN OCTOBER BY A TWO-DAY/THREE CONCERT...

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KEY CHORALES 40th ANNIVERSARY SEASON INCLUDED TEN SELF OR CO-PRODUCED PERFORMANCE EVENTS TOTALING FOURTEEN CONCERTS. SEPTEMBER BEGAN WITH ON OUR WAY, FOLLOWED IN OCTOBER BY A TWO-DAY/THREE CONCERT EVENT, BAROQUEFEST, A COLLABORATION WITH CHURCH OF THE REDEEMER. NOVEMBER INCLUDED A STUDENT SHOWCASE IN CONJUNCTION WITH OTHER ARTS ORGANIZATIONS, AS WELL AS WINTERS GLOW, AN ANNUAL COLLABORATION WITH THE SARASOTA BALLET. JANUARY LAUNCHED WITH AMERICAN ROOTS: STORYTELLERS AND IN FEBRUARY, THE CHORALE PERFORMED MASTERWORK,VERDIS REQUIEM. MARCH WAS THE STUDENT SOIREE, TOMORROWS VOICE TONIGHT, AND CHORAL FESTIVAL TOMORROWS VOICES TODAY IN ADDITION TO CIRQUE DES VOIX, WITH THE CIRCUS ARTS CONSERVATORY. THE SEASON CLOSED IN MAY WITH BEETHOVENS ODE TO JOY. ALSO, TWO CONCERT EVENTS WERE HELD WITH VENICE SYMPHONY, HOME FOR THE HOLIDAYS AND COSMIC WORLDS.

Program 2
Expenses: $39,169

COMMUNITY OUTREACH - KEY CHORALE CONTINUED TO OFFER ITS THREE OUTREACH CHOIR PROGRAMS THROUGHOUT THE 2024-2025 SEASON AND ALSO EXPANDED THE PROGRAM WITH ADDITIONAL LOCATIONS AND PROGRAMS. THE OFF-KEY...

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COMMUNITY OUTREACH - KEY CHORALE CONTINUED TO OFFER ITS THREE OUTREACH CHOIR PROGRAMS THROUGHOUT THE 2024-2025 SEASON AND ALSO EXPANDED THE PROGRAM WITH ADDITIONAL LOCATIONS AND PROGRAMS. THE OFF-KEY CHORALE, IN PARTNERSHIP WITH THE NEURO CHALLENGE FOUNDATION, IS A CHORAL GROUP COMPOSED OF INDIVIDUALS LIVING WITH PARKINSONS DISEASE AND THEIR CAREGIVERS. THE TWO WHERE ARE MY KEYS CHORALES ARE A SIMILAR PROGAM FOR THOSE LIVING WITH ALZHEIMERS AND ANOTHER FOR DEMENTIA. ALL PROGRAMS WELCOME CAREGIVERS.THE COME TOGETHER CHOIR INITIATIVE IS A NEW COMPREHENSIVE CHORAL ENRICHMENT TOOLKIT CREATED AND DESIGNED BY KEY CHORALE TO BRING THE TRANSFORMATIVE POWER OF GROUP SINGING TO SENIORS. IT IS EASY-TO-IMPLEMENT MUSIC PROGRAMMING FOR OLDER ADULTS BY PROVIDING A WIDE RANGE OF SENIOR-SERVING SETTINGS SUCH AS RETIREMENT AND MEMORY CARE COMMUNITIES TO CIVIC CHOIRS AND COMMUNITY CENTERS WITH EVERYTHING NEEDED TO DELIVER AN ENRICHING 8-WEEK SINGING EXPERIENCE CULMINATING IN A THEMED PERFORMANCE. THE PROGRAM IS IDEAL FOR SENIORS EXPERIENCING MEMORY LOSS OR CONDITIONS LIKE PARKINSONS AND ALZHEIMERS DISEASE.

Program 3
Expenses: $28,587 Revenue: $2,945

STUDENT SCHOLARS AS AN OUTGROWTH OF THE TOMORROWS VOICES TODAY COLLABORATION WITH SARASOTA COUNTY PUBLIC SCHOOLS, KEY CHORALE CONTINUED THIS PROGRAM FOR EXCEPTIONALLY GIFTED JUNIORS AND SENIORS...

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STUDENT SCHOLARS AS AN OUTGROWTH OF THE TOMORROWS VOICES TODAY COLLABORATION WITH SARASOTA COUNTY PUBLIC SCHOOLS, KEY CHORALE CONTINUED THIS PROGRAM FOR EXCEPTIONALLY GIFTED JUNIORS AND SENIORS PURSUING MUSIC AFTER HIGH SCHOOL. STUDENTS MUST APPLY, AUDITION AND THEN BE ACCEPTED TO SING A FULL PERFORMANCE SEASON WITH KEY CHORALE. THE STUDENT SCHOLARS RECEIVE PRIVATE VOICE LESSONS AND MENTORING ON EVERY ASPECT OF PROFESSIONAL MUSICIANSHIP, FROM AUDITIONS TO RESUME-BUILDING. THE SCHOLARS ALSO PREPARE SOLOS AND PERFORM IN TOMORROWS VOICES TONIGHT, A RECITAL AND FUNDRAISER ATTENDED BY KEY CHORALE PATRONS. FOURTEEN STUDENT SCHOLARS COMPLETED THE PROGRAM IN 2024/2025.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $685,363
Program Service Revenue $256,480
Investment Income $30,863
Other Revenue $-33,576
TOTAL REVENUE $939,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $96,147
Fundraising Expenses $46,344
Program Expenses $754,020
Other Expenses $978,892
TOTAL EXPENSES $1,075,039

Year-over-Year Comparison

2024 2023 Change
Revenue $939,130 $949,712 0.0%
Expenses $1,075,039 $950,840 +0.1%
Net Income $-135,909 $-1,128 +119.5%
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
11
Independent Members
11
Employees
2
Volunteers
95

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
$2,420
Total Directors
13
$2,420
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT WENNBERG President 10.00
Officer Director
$2,420 $0 $2,420
CAROL MYERS Vice President 6.00
Officer Director
$0 $0 $0
ALIX GIANNINI Secretary 6.00
Officer Director
$0 $0 $0
ELIZABETH MELTZ Treasurer 6.00
Officer Director
$0 $0 $0
ALLEN BATCHELDER Director 2.00
Director
$0 $0 $0
ELIZABETH BEHNKE Director 2.00
Director
$0 $0 $0
SARAH WALCUTT-FEBISH Director 2.00
Director
$0 $0 $0
HEATHER STEARNS Director 2.00
Director
$0 $0 $0
J ALVIN STOUT Director 2.00
Director
$0 $0 $0
LYDIA JOHNSTON Director 2.00
Director
$0 $0 $0
DAVID PATRICK Director 2.00
Director
$0 $0 $0
BARRY MARTIN Director 2.00
Director
$0 $0 $0
ESTHER RIVERA-POULS Director 2.00
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
2025 $939,130 $1,075,039 $499,944 $-135,909
2024 No data No data No data No data
2023 $850,980 $844,247 $715,820 $6,733
2022 $713,744 $654,716 $631,268 $59,028
2022 $713,744 $654,716 $631,268 $59,028
2021 $568,973 $386,729 $426,099 $182,244
2020 $409,936 $443,121 $71,370 $-33,185
2019 $489,610 $465,997 $90,136 $23,613
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