Crescendo Competitions INC FY2020 filing

Tax-deductible

Marlboro, NJ501(c)(3)Since 2007Arts & CultureEIN 26-0750032Revenue $543K in FY2020

On file with the IRScrescendocompetition.org55 Manor Dr, 07746-1972 · Marlboro, NJTax-exempt since Dec 2007Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Provide international music competition , annual music concert and student music exchange program with other countries

501(c)(3) charity; gifts are tax-deductible.
$120K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $5K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$543K
Spent
$560K
To programs
0%
Net assets
$196K
By yearFY2020–FY2025
Revenue
$543K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$543K
FY2021$347K
FY2022$692K
FY2023$1.2M
FY2024$1.1M
FY2025$1.4M
Expenses
$560K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$560K
FY2021$416K
FY2022$681K
FY2023$1.1M
FY2024$1.1M
FY2025$1.3M
Net assets
$196K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$196K
FY2021$126K
FY2022$202K
FY2023$226K
FY2024$233K
FY2025$308K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 52% · $290K Fundraising 48% · $269K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

1 person listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$120,000Pt VII · Sec A

Alex Babayev’s $190K as President is at the 81st percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Alex Babayev$190,000$330,000$320,000$165,000$120,000$120,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Crescendo Competitions INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects music students internationally through exchange programs.

Questions for Crescendo Competitions INC

Tap to ask. Crescendo Competitions INC sees how many people are interested.

Your first name shows with your question. Crescendo Competitions INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $560K · in their own filed words · FY2020
01

International competition conducted annually at carnegie hall and

$450Kprogram expense
02

Little mozart concert-an annaul music program open to beginning and

$109Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$543K
Ln 12
Fees for servicesLn 2g$543K
Money outPt IX
$560K
Ln 25
Managementcol C$290K
Fundraisingcol D$269K
Owns and owesPt X
$196K
net assets · Ln 32
Cash and savingsLn 1–2$200K
Total assetsLn 16$200K
LiabilitiesLn 26$4K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$543K
Total revenueLn 12$543K
Assets in detailPt X, end of year
CashLn 1$200K
Cash and savings togetherLn 1–2$200K
Total assetsLn 16$200K
LiabilitiesLn 26$4K
Net assetsLn 32$196K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$439K$200K
Total assetsLn 16$439K$200K
LiabilitiesLn 26$226K$4K
Net assetsLn 32$213K$196K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$120K$120K
Other salaries and wagesLn 7$10K$10K
Payroll taxesLn 10$12K$12K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$11K$11K
Advertising and promotionLn 12$650$650
Office expensesLn 13$10K$10K
Information technologyLn 14$119K$119K
OccupancyLn 16$178K$178K
Other expenses (24a–d)Ln 24$92K$92K
Total functional expensesLn 25$560K$0$290K$269K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.4M$1.3M$75K$308K 990 PDF
FY2024 $1.1M$1.1M$6K$233K 990 PDF
FY2023 $1.2M$1.1M$24K$226K 990 PDF
FY2022 $692K$681K$11K$202K 990 PDF
FY2021 $347K$416K−$69K$126K 990 PDF
FY2020 Viewing $543K$560K−$17K$196K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $542,569 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $789,141$542,569
I-10 Investment incomePrior year $50$0
I-11 Other revenue$0
I-12 Total revenuePrior year $789,191$542,569
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $141,110$142,044
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $496,855$417,565
I-18 Total expensesPrior year $637,965$559,609
I-19 Revenue less expensesPrior year $151,226−$17,040
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $542,569 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $542,569$542,569
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $542,569$542,569
Part IX · Statement of functional expenses $559,609 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $120,000$120,000
IX-7 Other salaries and wagesManagement $10,500$10,500
IX-10 Payroll taxesManagement $11,544$11,544
IX-11c Accounting feesManagement $7,000$7,000
IX-11g Other fees for servicesManagement $11,249$11,249
IX-12 Advertising and promotionManagement $650$650
IX-13 Office expensesManagement $10,230$10,230
IX-14 Information technologyManagement $119,288$119,288
IX-16 OccupancyFundraising $177,512$177,512
IX-24 Other expenses (24a–d)Fundraising $91,636$91,636
IX-25 Total functional expensesPrograms $0 · Management $290,461 · Fundraising $269,148$559,609
Part X · Balance sheet $199,564 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $438,572$199,564
X-16 Total assetsStart of year $438,572$199,564
X-17 Accounts payable and accrued expensesStart of year $21,434$3,816
X-26 Total liabilitiesStart of year $225,784$3,816
X-32 Total net assets or fund balancesStart of year $212,788$195,748
X-33 Total liabilities and net assetsStart of year $438,572$199,564
Part XI · Reconciliation of net assets $195,748 net assets at year end
XI-1 Total revenue$542,569
XI-2 Total expenses$559,609
XI-3 Revenue less expenses−$17,040
XI-4 Net assets at start of year$212,788
XI-10 Net assets at end of year$195,748

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.