THE CHAMBER MUSIC SOCIETY OF FORT WORTH INCORPORATED

EIN: 752280180 501(c)(3)

Fort Worth, TX

Total Revenue
$269,090
Total Expenses
$244,845
Total Assets
$327,947
Net Assets
$327,947
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Principal Officer
Michael Francis
Phone
8178773003
Tax Period
2023-06-01 to 2024-05-31

THE CHAMBER MUSIC SOCIETY OF FORT WORTH INCORPORATED, founded in 1988, is a small nonprofit that reported $269K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $245K left a modest 9% surplus.

Mission

To promote and present the highest quality chamber music for our city and region, reflecting innovation, creativity in programming, and selection of superior musical artists. To build an informed audience for chamber music, now and in the future, through educational programs in the schools, with our concert series, and through the media.

Program Service Accomplishments

Program 1
Expenses: $159,161 Revenue: $37,710

Artistic Program - The foundation of CMSFW is the annual concert series, designed for local artists to provide chamber music experiences to the public; the series has grown to include superior...

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Artistic Program - The foundation of CMSFW is the annual concert series, designed for local artists to provide chamber music experiences to the public; the series has grown to include superior musical artists presenting a variety of chamber music. The 2023-2024 season consisted of 7 concerts presented September 2023-May 2024 and reached approximately 1,300 patrons. The annual concert series helps support the outreach program; both programs serving over 3,000 youth and over 1,000 adults each year and growing.

Program 2
Expenses: $34,917 Revenue: $0

Community Outreach - CMSFW developed an educational outreach program to serve students and families in low-income communities, free of charge. There are four core programs that explore music and art...

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Community Outreach - CMSFW developed an educational outreach program to serve students and families in low-income communities, free of charge. There are four core programs that explore music and art through various engagements. Building Blocks of Music, brings chamber music to our youngest audiences in the poorest schools and communities in Fort Worth. Students are introduced to the instrument families, learn how they are grouped in chamber ensembles, and are taught to use a musical vocabulary when listening. Several musical examples are paired with paintings to demonstrate how music and art create feeling and emotion. For nine seasons, Learning with the Masters is a program that provides young musicians with the opportunity to learn directly from our guest artists - providing information and inspiration that shapes their musical experience. Through heartfelt conversations and story recollections by guest artists, as well as master classes, Learning with the Masters gives insight and encouragement to the participating musicians and our extended audience through our YouTube channel. For 34 years, Pre-concert conversations are presented 45 minutes before the start of every CMSFW concert and provide insight into the composers and specific pieces being performed that afternoon. Informative conversation combines with an audio/visual presentation that explores the composers' backgrounds and musical snippets from the works to help the audience connect more to the music being performed. These 2023-2024 lectures are uploaded to the CMSFW YouTube channel. Beginning in 2018, CMSFW2 identifies high school and college-age students who are on track for important professional careers by giving them the opportunity to perform in a highly sought-after venue for a seasoned chamber music audience. The musicians are highly-gifted high school and college students who come from all parts of the United States.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $219,070
Program Service Revenue $37,710
Investment Income $12,310
Other Revenue $0
TOTAL REVENUE $269,090

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,352
Fundraising Expenses $20,676
Program Expenses $194,078
Other Expenses $198,493
TOTAL EXPENSES $244,845

Year-over-Year Comparison

2023 2022 Change
Revenue $269,090 $216,309 +0.2%
Expenses $244,845 $284,362 -0.1%
Net Income $24,245 $-68,053 -1.4%
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
22
Independent Members
21
Employees
1
Volunteers
25

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
$45,434
Total Directors
22
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Artistic Director 15.00
Officer
$33,434 $0 $33,434
Martha Barnes Treasurer 15.00
Officer Director
$12,000 $0 $12,000
Michael Francis President 10.00
Officer Director
$0 $0 $0
J Karen Ray Vice President 1
Officer Director
$0 $0 $0
Amanda Daily Secretary 1
Officer Director
$0 $0 $0
Sue Bradle Development Chair 4.00
Director
$0 $0 $0
Martin Conroy Artistic Chair 1
Director
$0 $0 $0
Alan Rauch Education Chair 4.00
Director
$0 $0 $0
Carlos Coscia Director 1
Director
$0 $0 $0
Alice Cushman Director 5
Director
$0 $0 $0
Jenny Davis Director 1
Director
$0 $0 $0
John Forestner Director 5
Director
$0 $0 $0
Gail Granek Director 1
Director
$0 $0 $0
Claudio Lehmann Director 1
Director
$0 $0 $0
Sam Lynn Director 4.00
Director
$0 $0 $0
Lynne Prater Director 1
Director
$0 $0 $0
Lenna Recer Director 10
Director
$0 $0 $0
Paul Recer Director 10
Director
$0 $0 $0
Debby Rice Director 1
Director
$0 $0 $0
Leonard Schweitzer Director 1
Director
$0 $0 $0
Elizabeth Semrad Director 2
Director
$0 $0 $0
Mary Alice Smith Director 1
Director
$0 $0 $0
Patricia Steffen Director 1
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 No data No data No data No data
2024 $269,090 $244,845 $327,947 $24,245
2024 No data No data No data No data
2023 $216,309 $284,362 $312,193 $-68,053
2022 $251,672 $162,488 $372,177 $89,184
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