Carman Ministries

Summary

Carman Ministries presents the gospel of Jesus Christ through music and preaches in churches and concert halls across the United States.


Contact information

Mailing address:
P.O. Box 47040
Tulsa, OK 74147-4147

Website: www.carman.org

Phone: (918) 938-7070

Email: info@carman.org


Organization details

EIN: 731193332

CEO/President: Mr. Carman Licciardello

Chairman:

Board size: 4

Founder: Mr. Carman Licciardello

Year founded:

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Carman Ministries presents the gospel of Jesus Christ through music and preaches in churches and concert halls across the United States.


Mission statement


Statement of faith

Carman Ministries uses the following to express its Statement of Faith:

We believe the Bible is God's Word, inspired by Him, and containing both the Truth and the Power of God.

We believe there is only one God, He has existed forever and shows Himself to us in three ways: God the Father, God the Son, and God the Holy Spirit.

We believe the Lord Jesus Christ is the Son of God: fully God, fully man. He was miraculously born of a virgin, lived a sinless life, and worked supernaturally in miracles and healing. He died in our place, and offers each man the forgiveness of their sins. He rose from the dead, returned to His Father, and will come again in power and glory to judge the nations and reward those who believe.

We believe the Holy Spirit, sent to earth on the day of Pentecost, changes our hearts and gives life to our spirits when we accept the gift of salvation offered by Christ.

We believe the Holy Spirit daily gives us power to live and act as Jesus would, and prompts us to repent when we fall short and sin.

We believe the local church is for Christians to receive instruction and encouragement for their daily living and training to make disciples of all men.

We believe in the eternal nature of the spirit of man, and that after death, we will either be forever separated from God in our unbelief, or forever rejoicing with Him because of His gift of salvation.

Financial efficiency ratings

Sector: Evangelism

This ministry has not been rated.


Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20102009
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%0%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20102009
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%81%0%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%102%0%
Program output ratio Program output ratio =
Program services /
Total revenue
81%82%0%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-2%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%2%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%19%0%
 
Investing ratiosMedian measure
for all ministries
in MW database
20102009
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.32374.770.00
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.530.002.43
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.530.000.00
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20102009
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.090.000.04
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.0025.51
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.07-10.620.00
 
Solvency ratiosMedian % for
all ministries in
MW database
20102009
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%34271%1051%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%-91%0%

Financials

Balance sheet
 
Assets20102009
Cash$0$10,211
Receivables, inventories, prepaids$0$0
Short-term investments$0$0
Other current assets$0$0
Total current assets$0$10,211
Long-term investments$0$0
Fixed assets$707$0
Other long-term assets$0$14,575
Total long-term assets$707$14,575
Total assets$707$24,786
 
Liabilities20102009
Payables and accrued expenses$71,426$62,330
Other current liabilities$163,039$198,185
Total current liabilities$234,465$260,515
Debt$0$0
Due to (from) affiliates$0$0
Other long-term liabilities$7,833$0
Total long-term liabilities$7,833$0
Total liabilities$242,298$260,515
 
Net assets20102009
Unrestricted($241,591)($235,729)
Temporarily restricted$0$0
Permanently restricted$0$0
Net assets($241,591)($235,729)
 
Revenues and expenses
 
Revenue20102009
Total contributions$259,098$0
Program service revenue$0$0
Membership dues$0$0
Investment income$0$0
Other revenue$0$0
Total other revenue$0$0
Total revenue$259,098$0
 
Expenses20102009
Program services$213,697$0
Management and general$51,263$0
Fundraising$0$0
Total expenses$264,960$0
 
Change in net assets20102009
Surplus (deficit)($5,862)$0
Other changes in net assets$0$0
Total change in net assets($5,862)$0

Response from ministry

No response has been provided by this ministry.


History

Carman was born in New Jersey where he grew up in an Italian home full of music and laughter. As a boy, Carman played the drums and the guitar, and he began singing in his teenage years. As his career developed, Carman played clubs then went on to Las Vegas. It was after seeing an "Andrae Crouch" concert that Carman gave his life to Jesus Christ and embraced his newfound faith in the living Savior. After five years of ministerial preparation, he moved to Tulsa, Oklahoma where he began to develop his ministry headquarters for a worldwide outreach.

During the next two decades Carman changed the face of Christian music and evolved contemporary evangelism into what it is today. Carman established "Carman Ministries," a non-profit organization that helps touch the lives of literally millions of people worldwide. Billboard Magazine recognized Carman's influence in Christian music by first naming him "Contemporary Christian Artist of the Year" in 1990. He has received numerous gold and platinum albums and videos. Even with all this success, the heartbeat of this Champion for Christ continues to beat strong for the souls of people who need Jesus. As an outflow of this passion, Carman had more than 50,000 people attend his "Music for Peace" crusade in Johannesburg, South Africa. These numbers topped the charts as his largest concert crusade ever, until more than 70,000 people packed the legendary Texas Stadium, making it the largest Christian concert ever in history. The heart of a champion phenomenon is Carmans new God-given multi-level vision to reach this generation for God. This vision includes a novel, movie, double CD and world tour. The vision combines a synergetic force of a multi-media experience, while sending the message of the Gospel to the heart of millions.

For over 26 years, Carman has entertained, encouraged and preached the Gospel to millions-crossing denominational, cultural and ethnic lines. During this time, he has never compromised the call to take the Gospel to every person. This vision still remains the hallmark of his life and ministry.


Program accomplishments


Needs