CHORAL MASTERWORKS FESTIVAL INC

EIN: 592877120 501(c)(3) Arts, Culture & Humanities

TAMPA, FL

Total Revenue
$397,541
Total Expenses
$386,688
Total Assets
$108,382
Net Assets
$72,784
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Principal Officer
NATHAN HETTINGER
Phone
8139747726
Tax Period
2024-07-01 to 2025-06-30

CHORAL MASTERWORKS FESTIVAL INC, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $398K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

THE MASTER CHORALE IS COMMITTED TO ADVANCING THE ART OF CHORAL MUSIC BY PERFORMING GREAT WORKS OF THE PAST, COMMISSIONING AND PERFORMING NEW LITERATURE CONTINUED ON SCHEDULE O

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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 (2024)

Revenue Breakdown

Contributions & Grants $315,962
Program Service Revenue $66,823
Investment Income $0
Other Revenue $14,756
TOTAL REVENUE $397,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,879
Fundraising Expenses $1,095
Program Expenses $344,735
Other Expenses $251,809
TOTAL EXPENSES $386,688

Year-over-Year Comparison

2024 2023 Change
Revenue $397,541 $301,380 +0.3%
Expenses $386,688 $244,333 +0.6%
Net Income $10,853 $57,047 -0.8%
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
13
Independent Members
13
Employees
3
Volunteers
200

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
$0
Total Directors
13
$104,718
Key Employees
2
$104,718
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN HETTINGER EXECUTIVE DIRECTOR 040.00
Director Key Emp
$59,815 $0 $59,815
MATTHEW B ABERNATHY ARTISTIC DIRECTOR 040.00
Director Key Emp
$44,903 $0 $44,903
CYNTHIA L MAY ESQ TRUSTEE 002.00
Director
$0 $0 $0
MAXINE ROY TRUSTEE 002.00
Director
$0 $0 $0
DAVID STEFANY VICE CHAIR 002.00
Officer Director
$0 $0 $0
SUSAN WELLNER TRUSTEE 002.00
Director
$0 $0 $0
ROBERT B HICKS ESQ PAST CHAIR 005.00
Director
$0 $0 $0
TATE GARRETT TREASURER 005.00
Officer Director
$0 $0 $0
THOMAS A JACKMAN IMMEDIATE PAST CHAIR 005.00
Director
$0 $0 $0
WILLIAM E KELLER PHD CHAIR 005.00
Officer Director
$0 $0 $0
JOANNE SULLIVAN TRUSTEE 002.00
Director
$0 $0 $0
ALISSA KRANZ SECRETARY 002.00
Officer Director
$0 $0 $0
PAM FERRON TRUSTEE 002.00
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 $397,541 $386,688 $108,382 $10,853
2024 $301,380 $244,333 $99,373 $57,047
2023 $269,914 $280,598 $58,849 $-10,684
2022 $270,081 $259,385 $56,258 $10,696
2021 $193,480 $185,567 $57,955 $7,913
2020 $263,413 $256,996 $76,007 $6,417
2019 $377,720 $397,406 $27,134 $-19,686
2018 $269,589 $285,156 $32,726 $-15,567
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