Civic Intelligence

Foundation for Modern Opera

990PF • Fiscal year 2018 • EIN 04-3167463

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

15 Brewster RoadWorcester, MA 01602

(508) 363-4460

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • <$500k nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • <$500k nonprofits • Source year 2018

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2018 filings • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • <$500k nonprofits • Source year 2018

Asset Growth

97th percentile

299%

Faster asset growth than 97% of similar nonprofits.

2018 filings • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

41%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$12,774

Up $9,570 (+299%) from 2017

Net Assets

Up

$12,774

Up $9,570 (+299%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$50,000

Up $14,582 (+41%) from 2017

Expenses

Up

$40,430

Up $4,069 (+11%) from 2017

Net Income

Up

$9,570

Up $10,513 (+1115%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2011: $6,600Liabilities 2011: $0Net Assets 2011: $6,6002011Assets 2012: $10,581Liabilities 2012: $02012Assets 2013: $5,898Liabilities 2013: $02013Assets 2014: $74,523Liabilities 2014: $02014Assets 2015: $23,023Liabilities 2015: $0Net Assets 2015: $23,0232015Assets 2017: $3,204Liabilities 2017: $0Net Assets 2017: $3,2042017Assets 2018: $12,774Liabilities 2018: $0Net Assets 2018: $12,7742018Assets 2019: $2,223Liabilities 2019: $0Net Assets 2019: $2,2232019Assets 2020: $7,461Liabilities 2020: $0Net Assets 2020: $7,4612020Assets 2021: $15,154Liabilities 2021: $0Net Assets 2021: $15,1542021Assets 2022: $1,964Liabilities 2022: $0Net Assets 2022: $1,9642022Assets 2024: $37,167Liabilities 2024: $0Net Assets 2024: $37,1672024

Highlighted filing

2018

Assets$12,774
Liabilities$0
Net Assets$12,774

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $51,4172011Revenue 2012: $35,500Expenses 2012: $31,519Net Income 2012: $3,9812012Revenue 2013: $45,500Expenses 2013: $50,183Net Income 2013: -$4,6832013Revenue 2014: $148,100Expenses 2014: $79,475Net Income 2014: $68,6252014Revenue 2015: $148,972Expenses 2015: $200,472Net Income 2015: -$51,5002015Revenue 2017: $35,418Expenses 2017: $36,361Net Income 2017: -$9432017Revenue 2018: $50,000Expenses 2018: $40,430Net Income 2018: $9,5702018Revenue 2019: $49,500Expenses 2019: $60,051Net Income 2019: -$10,5512019Revenue 2020: $55,000Expenses 2020: $49,762Net Income 2020: $5,2382020Revenue 2021: $114,000Expenses 2021: $107,298Net Income 2021: $6,7022021Revenue 2022: $26,015Expenses 2022: $41,205Net Income 2022: -$15,1902022Revenue 2024: $100,774Expenses 2024: $65,571Net Income 2024: $35,2032024

Highlighted filing

2018

Revenue$50,000
Expenses$40,430
Net Income$9,570
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph SummerTrusteePT$0--
John WronoskiTrustee-$0--
Franz MaierTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Modern Opera
EIN
04-3167463
Phone
5083634460
Address
15 Brewster Road, Worcester, MA 01602

Signing Officer

Name
Joseph Summer
Title
Trustee
Phone
5083634460
Signed
2019-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Jennifer E Kline Attorney
Address
1616 Beacon Street Suite 2, Brookline, MA 02446
Preparer
Jennifer Kline
Phone
6179476797
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDATION CONTINUED TO SPONSOR A CHAMBER MUSIC SERIES KNOWN AS THE SHAKESPEARE CONCERTS. LIVE CONCERTS WERE PRESENTED AT NEW ENGLAND CONSERVATORY'S JORDAN HALL IN BOSTON, WELLESLEY COLLEGE'S JEWETT HALL IN WELLESLEY, MA, AND EWHA WOMANS UNIVERSITY'S CASE HALL IN SEOUL, SOUTH KOREA. ASSOCIATED STUDIO RECORDING SESSIONS ALSO TOOK PLACE AT WORCESTER'S MECHANICS HALL FOR THE PURPOSE OF ISSUING FUTURE RECORDINGS OF THE MUSICAL PIECES.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0THE FOUNDATION SUPPORTED THE RECORDING AND ISSUANCE OF A NEW CD ENTITLED "SKY LEGENDS" BY COMPOSER DAVID OWENS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt038000
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt02000
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0854
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IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
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IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0854
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt050587
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0240758
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IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt035391
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt050587
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0115579
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt040055
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt039201
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0280758
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0The Mattina R Proctor Foundation
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0c/o 75 Federal Street Suite 1300
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Boston
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0MA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd002110
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt040000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt01020
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt1106
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt2150
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt3585
LandEtcSchedule2/LandEtcGrp/BookValueAmt00
LandEtcSchedule2/LandEtcGrp/BookValueAmt10
LandEtcSchedule2/LandEtcGrp/BookValueAmt20
LandEtcSchedule2/LandEtcGrp/BookValueAmt3194
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0Desktop Computer
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt1External 1T storage drive
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt2MakeMusic Software
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt3Computer
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt01020
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt1106
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt2150
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt3779
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt00
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt10
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt20
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt3194
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0938
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt1675
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0Sheet Music Library
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1Music Reference Library
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0938
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt1675
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0938
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt1675
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Advertising
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Books & Music
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Concert Hall Rental
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Concert Hall Rental - Insurance
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4Instrument Rental
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5General Manager Compensation
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6Graphic Design & Website
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7Legal & Filing Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8Music Director
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9Musicians Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc10Musicians - Travel
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc11Office Expense & Administrative Costs
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc12Postage
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc13Printing & Reproduction
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc14Recording Contracts
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc15Recording Expenses - Editing
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc16Recording Expenses - Studio Rental
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt11058
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt29231
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt3173
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt6807
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt81530
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt98200
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt106420
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt110
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt13919
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt140
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt152647
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt169069
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt60
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt80
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt90
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt100
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt130
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt150
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt160
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11058
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt29231
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3173
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt6807
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt7235
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt81530
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt98200
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt106100
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11382
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt121
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt13919
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt140
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt152647
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt169069
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt010000
OtherIncomeSchedule2/OtherIncomeDetail/Desc0CD Production
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt010000
SubstantialContributorsSch/SubstantialContributorDetail/BusinessName/BusinessNameLine1Txt0The Mattina R Proctor Foundation
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt0c/o 75 Federal Street Suite 1300
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0Boston
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0MA
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd002110
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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