BAY CHAMBER CONCERTS INC Charity Report

Public IRS 990 nonprofit record

BAY CHAMBER CONCERTS INC

EIN 01-6023519 · Arts, Culture & Humanities (A6C0)

What they do

BAY CHAMBER CONCERTS, INC. is A NONPROFIT ORGANIZATION WHOSE MISSION is to TRANSFORM LIVES THROUGH HIGH-QUALITY PROGRAMS, MUSIC EDUCATION and COMMUNITY OUTREACH. THIS MISSION is ACHIEVED BY 1. CONTINUING ITS 50-YEAR TRADITION of PRESENTING CHAMBER MUSIC IN THE STATE of MAINE 2. INTRODUCING AUDIENCES to EXCELLENCE IN THE PERFORMING ARTS BY DELIVERING A DIVERSITY of EVENTS AT A VARIETY of VENUES 3. OFFERING VARIED and PARTICIPATORY MUSIC EDUCATION for ALL AGES and ABILITIES REGARDLESS of FINANCIAL NEED THROUGH ITS COMMUNITY MUSIC SCHOOL 4. EXPANDING OUTREACH PROGRAMS and COLLABORATING WITH OTHER ORGANIZATIONS 5. PROVIDING A SOUND ORGANIZATIONAL STRUCTURE, PRUDENT FINANCIAL MANAGEMENT, and AN ENDOWMENT SUFFICIENT to ACCOMPLISH ITS GOALS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.38%of revenue went to mission work82.2% of expenses · Program services

4.40%of revenue went to fundraising8.0% of expenses

$55.17spent for every $100 of revenueRevenue covered expenses this year.

5.39%of revenue went to management and office costs9.8% of expenses

$9.17in assets for every $1 spent this yearSome assets cannot be spent right away.

72.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $89,617 for JOSIE DAVIS (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,578,511

Mission workProgram services$1,170,10745.38% of revenue82.2% of expenses

ManagementOffice and general costs$139,0395.39% of revenue9.8% of expenses

FundraisingAsking for donations$113,5094.40% of revenue8.0% of expenses

Revenue left after expensesReported annual surplus$1,155,85644.83% of revenueShown in gray on the chart

Total expenses$1,422,65555.17% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.2% mission · 9.8% management · 8.0% fundraisingTotal expenses: 55.17% of revenue

2023Expense mix: 80.5% mission · 9.1% management · 10.4% fundraisingTotal expenses: 44.73% of revenue

2022Expense mix: 80.8% mission · 7.9% management · 11.3% fundraisingTotal expenses: 31.87% of revenue

2021Expense mix: 82.3% mission · 7.3% management · 10.4% fundraisingTotal expenses: 25.63% of revenue

2020Expense mix: 78.7% mission · 8.6% management · 12.7% fundraisingTotal expenses: 63.98% of revenue

2018Expense mix: 84.8% mission · 7.8% management · 7.3% fundraisingTotal expenses: 93.52% of revenue

2017Expense mix: 80.5% mission · 11.0% management · 8.5% fundraisingTotal expenses: 65.72% of revenue

2016Expense mix: 80.5% mission · 12.1% management · 7.4% fundraisingTotal expenses: 113.41% of revenue

Money in and money out

Revenue$2,578,511

Expenses$1,422,655

Annual surplus $1,155,856 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,170,107 · 82.2% of expenses

Management and office costs$139,039 · 9.8% of expenses

Fundraising$113,509 · 8.0% of expenses

See all reported dollar amounts

Revenue$2,578,511

Expenses$1,422,655

Assets$13,047,868

Income$2,725,335

Contributions$1,868,383

Mission work (program services)$1,170,107

Fundraising$113,509

Management and general$139,039

Executive compensation (total)$67,469

Stocks and bonds$4,548,764

Accounting fees$40,182

Investing fees$13,010

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOSIE DAVISEXECUTIVE DI · 40 hrs/week $89,617

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

JOSIE DAVISEXECUTIVE DI

ABBY KIDDERVICE PRESIDE

BILL BUCHHOLZTRUSTEE

BRETT HAYNIETRUSTEE

BRIAN BARDSLEYTRUSTEE

DAVID KANTORPRESIDENT

FRED WILLIAMSTREASURER

JAMES BLEAKLEYTRUSTEE

KAREN YOUNGSECRETARY

MAUREEN FLANAGANTRUSTEE

MYRON FELDTRUSTEE

PAUL VELLEMANTRUSTEE

STEPHEN EARLETRUSTEE

TANDRA HAMMERTRUSTEE

WILLIAM BLACKTRUSTEE

About this charity

Recognized since: January 1962
Location: 5 MOUNTAIN ST, CAMDEN, ME 04843-1614
County: Knox
In care of: JOSIE DAVIS
Primary officer: JOSIE DAVIS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@baychamberconcerts.org Phone(207) 236-2823

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ONE RIVER CPAS
NTEE classification: Arts, Culture & Humanities (A6C0)
IRS tax category: Musical Groups and Artists