Orcas Island Chamber Music Festival

EIN: 911886480 501(c)(3) Arts, Culture & Humanities

Eastsound, WA

Total Revenue
$705,966
Total Expenses
$876,767
Total Assets
$4,410,885
Net Assets
$4,397,852
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
WA
Principal Officer
Anita Orne
Phone
3603766636
Tax Period
2023-11-01 to 2024-10-31

Orcas Island Chamber Music Festival, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $706K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $877K exceeded revenue, resulting in a 24% operating deficit.

Mission

To present an annual Chamber Music Festival dedicated to the highest standards of musical excellence, brought to life through visionary, creative, inclusive, and innovative programming, and through Festival-related events during the year. To assure the Festivals long-term sustainability and its strong tradition of volunteer participation and community support. To participate in the preservation of exceptional examples of chamber music performance. To share stimulating musical insights and experiences with all amidst the natural beauty of Orcas Island, creating Classical Music with a View.

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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 $577,576
Program Service Revenue $86,677
Investment Income $40,944
Other Revenue $769
TOTAL REVENUE $705,966

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $332,403
Fundraising Expenses $37,150
Program Expenses $712,701
Other Expenses $542,364
TOTAL EXPENSES $876,767

Year-over-Year Comparison

2023 2022 Change
Revenue $705,966 $608,726 +0.2%
Expenses $876,767 $830,280 +0.1%
Net Income $-170,801 $-221,554 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
6
Volunteers
100

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
$67,851
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anita Orne Executive Dir. 27.00
Officer
$67,851 $0 $67,851
Lisa Bergman President 8.00
Officer Director
$0 $0 $0
Jack Groban Vice President 2.00
Officer Director
$0 $0 $0
Marsha Waunch Secretary 3.00
Officer Director
$0 $0 $0
Carl de Boor Treasurer 8.00
Officer Director
$0 $0 $0
Micki Ryan Director 2.00
Director
$0 $0 $0
Roger Sherman Director 1.00
Director
$0 $0 $0
Jeff Henigson Director 1.00
Director
$0 $0 $0
Steve Jung Director 2.00
Director
$0 $0 $0
Robert Volk Director 1.00
Director
$0 $0 $0
Mimi Sommerville Director 1.00
Director
$0 $0 $0
Catherine Pederson Director 1.00
Director
$0 $0 $0
Eric Ewing Director 1.00
Director
$0 $0 $0
Jenny Pederson Director 1.00
Director
$0 $0 $0
Bruce Redman Director 1.00
Director
$0 $0 $0
Stu Rolfe Director 1.00
Director
$0 $0 $0
DJ Wilson Director 1.00
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
2024 $705,966 $876,767 $4,410,885 $-170,801
2023 $608,726 $830,280 $4,095,670 $-221,554
2022 $1,197,666 $721,482 $4,123,099 $476,184
2021 $556,003 $544,009 $3,923,887 $11,994
2020 $810,298 $568,021 $3,451,766 $242,277
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