Civic Intelligence

From the Top Inc

EIN 04-3583756 • 501(c)3 • Boston, MA

Profile

From the top empowers and celebrates young musicians.

6 Liberty Square Pmb 6169Boston, MA 02109

fromthetop.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

49th percentile

3.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

1.6%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-40%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,630,512

Down $491,302 (-16%) from 2023

Liabilities

Down

$161,660

Down $17,799 (-9.9%) from 2023

Net Assets

Down

$2,468,852

Down $473,503 (-16%) from 2023

Revenue

Down

$1,565,348

Down $751,359 (-32%) from 2023

Expenses

Down

$2,038,851

Down $186,620 (-8.4%) from 2023

Net Income

Down

-$473,503

Down $564,739 (-619%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,154,666Liabilities 2010: $310,326Net Assets 2010: $1,844,3402010Assets 2011: $2,373,282Liabilities 2011: $345,959Net Assets 2011: $2,027,3232011Assets 2012: $1,935,862Liabilities 2012: $375,388Net Assets 2012: $1,560,4742012Assets 2013: $2,333,027Liabilities 2013: $351,466Net Assets 2013: $1,981,5612013Assets 2014: $2,194,533Liabilities 2014: $287,709Net Assets 2014: $1,906,8242014Assets 2015: $2,700,742Liabilities 2015: $320,186Net Assets 2015: $2,380,5562015Assets 2016: $1,956,388Liabilities 2016: $153,879Net Assets 2016: $1,802,5092016Assets 2017: $1,881,321Liabilities 2017: $268,315Net Assets 2017: $1,613,0062017Assets 2018: $1,273,086Liabilities 2018: $129,480Net Assets 2018: $1,143,6062018Assets 2019: $1,464,315Liabilities 2019: $380,472Net Assets 2019: $1,083,8432019Assets 2020: $1,632,768Liabilities 2020: $457,788Net Assets 2020: $1,174,9802020Assets 2021: $1,777,619Liabilities 2021: $573,755Net Assets 2021: $1,203,8642021Assets 2022: $3,071,162Liabilities 2022: $220,043Net Assets 2022: $2,851,1192022Assets 2023: $3,121,814Liabilities 2023: $179,459Net Assets 2023: $2,942,3552023Assets 2024: $2,630,512Liabilities 2024: $161,660Net Assets 2024: $2,468,8522024

Highlighted filing

2024

Assets$2,630,512
Liabilities$161,660
Net Assets$2,468,852

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,226,3652010Expenses 2011: $3,343,2672011Expenses 2012: $3,091,9422012Revenue 2013: $3,414,618Expenses 2013: $2,991,953Net Income 2013: $422,6652013Revenue 2014: $3,208,138Expenses 2014: $3,226,743Net Income 2014: -$18,6052014Revenue 2015: $3,959,577Expenses 2015: $3,428,232Net Income 2015: $531,3452015Revenue 2016: $3,168,386Expenses 2016: $3,746,433Net Income 2016: -$578,0472016Revenue 2017: $3,145,724Expenses 2017: $3,335,227Net Income 2017: -$189,5032017Revenue 2018: $2,701,974Expenses 2018: $3,182,782Net Income 2018: -$480,8082018Revenue 2019: $3,059,495Expenses 2019: $3,119,258Net Income 2019: -$59,7632019Revenue 2020: $2,826,738Expenses 2020: $2,735,601Net Income 2020: $91,1372020Revenue 2021: $2,202,722Expenses 2021: $2,173,838Net Income 2021: $28,8842021Revenue 2022: $3,844,735Expenses 2022: $2,197,483Net Income 2022: $1,647,2522022Revenue 2023: $2,316,707Expenses 2023: $2,225,471Net Income 2023: $91,2362023Revenue 2024: $1,565,348Expenses 2024: $2,038,851Net Income 2024: -$473,5032024

Highlighted filing

2024

Revenue$1,565,348
Expenses$2,038,851
Net Income-$473,503

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.63$0.16$2.47$1.57$2.04$0.47
2023Detailed filing. Detailed filing data is available for this year.$3.12$0.18$2.94$2.32$2.23$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.07$0.22$2.85$3.84$2.20$1.65
2021Detailed filing. Detailed filing data is available for this year.$1.78$0.57$1.20$2.20$2.17$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.63$0.46$1.17$2.83$2.74$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.38$1.08$3.06$3.12$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.13$1.14$2.70$3.18$0.48
2017Detailed filing. Detailed filing data is available for this year.$1.88$0.27$1.61$3.15$3.34$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.15$1.80$3.17$3.75$0.58
2015Detailed filing. Detailed filing data is available for this year.$2.70$0.32$2.38$3.96$3.43$0.53
2014Detailed filing. Detailed filing data is available for this year.$2.19$0.29$1.91$3.21$3.23$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.35$1.98$3.41$2.99$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.38$1.56$3.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.35$2.03$3.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.31$1.84$3.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 30, 2024
Return Version
2023v6.0
Gross Receipts
$1,577,594
Mission and Program Overview

Mission

From the top celebrates the power of music in the hands of extraordinary young people by: 1) unleashing the potential of young musicians as leaders in the arts; 2) trumpeting the role of music to impact and enrich lives; and 3) inspiring and building new audiences with a deeper appreciation for classical music.

From the top empowers and celebrates young musicians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$874,439$1,337,898▲ $463,459
Savings and Temporary Cash Investments$2,050,000$1,105,000▼ $945,000
Pledges and Grants Receivable$137,902$104,405▼ $33,497
Prepaid Expenses and Deferred Charges$32,958$39,030▲ $6,072
Accounts Receivable$19,419$37,736▲ $18,317
Land, Buildings, and Equipment, Net$7,096$6,443▼ $653
Total Assets$3,121,814$2,630,512▼ $491,302
Liabilities
Accounts Payable and Accrued Expenses$179,459$161,660▼ $17,799
Total Liabilities$179,459$161,660▼ $17,799
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,196,191$2,138,734▼ $57,457
Net Assets With Donor Restrictions$746,164$330,118▼ $416,046
Total Net Assets Fund Balance$2,942,355$2,468,852▼ $473,503
Total Liabilities and Net Assets / Fund Balance$3,121,814$2,630,512▼ $491,302

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,443$87,768$94,211
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gretchen NielsenExecutive DiFT$199,694$13,673$213,367
Gretchen NielsenExecutive Director-$199,694$13,673$213,367
Megan Swan DrokeDirector of ProduFT$108,677$19,372$128,049

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Laxton Cfo Services LLCAccounting5441 WINTERCREST LANE, Charlotte, NC 28209$148,059
Revenue and Support

Revenue Composition

Contributions and Grants
$1,084,055
Program Service Revenue
$315,319
Investment Income
$118,145
Other Revenue
$47,829
All Other Contributions
$970,055
Change in Net Assets
$-473,503

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,565,348
Revenue Not Reported on Form 990
$71,795
Total Revenue per Audited Statements
$1,637,143
Total Revenue per Form 990
$1,565,348
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,099,607
Other Expenses$754,343
Total Fundraising Expense$337,600
Grants and Similar Amounts Paid$184,901
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$580,943$18,585$127,813$727,341
Current Officers, Directors, Trustees, and Key Employees$39,939$69,893$89,862$199,694
Grants to Domestic Individuals$184,901--$184,901
Fees for Services Accounting-$136,025-$136,025
Office Expenses$67,786$28,631$25,400$121,817
Fees for Services Other$14,809$46,560$46,101$107,470
Travel$85,395$13,292$3,707$102,394
Other Employee Benefits$59,017$16,954$20,126$96,097
Payroll Taxes$48,225$12,620$15,630$76,475
Advertising$38,905$237$322$39,464
Insurance$22,153$6,564$3,970$32,687
Depreciation Depletion$1,899$1,414$929$4,242
Information Technology$3,561--$3,561
Other Expenses$20$3,067$3,740$3,087
Occupancy-$2,479-$2,479
Total Functional Expenses$1,344,930$356,321$337,600$2,038,851

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,110,646
Expenses per Audited Statements$2,038,851
Total Expenses per Form 990$2,038,851
Expenses Not Reported on Form 990$71,795
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Once the form 990 has been prepared by the audit firm it is reviewed initially by the director of finance and administration. Once satisfied, it is further reviewed by the finance committee, then the form 990 is sent to the board for final review and approval.

Form 990, Page 6, Part VI, Line 12C

Each year the board of directors are asked to sign off and disclose all conflicts of interests. These disclosure forms are reviewed annually.

Form 990, Page 6, Part VI, Line 15B

From the top utilizes data from consultants and market conditions to determine appropriate compensation for key employees. Officers and board members are unpaid positions without compensation.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
From the Top Inc
EIN
04-3583756
Phone
6174370707
Address
6 LIBERTY SQUARE PMB 6169, BOSTON, MA 02109

Signing Officer

Name
Gretchen Nielsen
Title
Executive Director
Phone
6174370707
Signed
2024-12-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gretchen Nielsen
Formed
2002
Voting Board Members
15
Independent Board Members
15
Employees
17
Volunteers
20

Preparer

Firm
Adler Blanchard & Associates Llp
Address
27 CAMBRIDGE ST STE 201, BURLINGTON, MA 01803
Preparer
Joseph Morasse
Phone
7812730075
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

The admissions, recruitment, and awards department is the engine that fuels from the top, bringing young musicians of different ages, geographic regions, socio-economic, and racial backgrounds into the organization. The admissions team facilitates communication and awareness of from the top to a vast network of music educators, programs, and camps. From the top holds auditions throughout the year via zoom and annually distributes 220,000 in awards (approximately 22 musicians receiving 10,000 each). Since 2005, from the top has awarded over 4 million in jack kent cooke awards to over 400 exceptional young musicians with financial need. From the top added the tim banker talent development award, a new program that in its inaugural year served three young musicians.

Form 990, Page 2, Part III, Line 4D

From the top's platform to bring visibility to young musicians and build audiences includes from the top and npr social media efforts. In 2023-24, ftt reached 2.5 million people on its own facebook, instagram, and youtube channels. From the top collaborated with hundreds of teen musicians to create and distribute 260 short videos for the organization's daily joy series, utilized on socials and distributed every weekday of the year through a popular email subscription.

Form 990, Part XII

The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The oversight process and selection process have not changed during the year.

Financial Statement Notes

Schedule D, Page 3, Part X

Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within 12 months of june 30, 2024. Any changes in tax positions will be recorded when the ultimate outcome becomes known.

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IRS990/Desc0FOR ALMOST 25 YEARS, FROM THE TOP HAS BEEN AMERICA'S LARGEST MEDIA PLATFORM DEDICATED TO FEATURING CLASSICALLY-TRAINED YOUNG MUSICIANS. THROUGH ITS NATIONALLY SYNDICATED SHOW HEARD ON NEARLY 200 RADIO STATIONS, WEEKLY AUDIENCES OF MORE THAN 350,000 PEOPLE ENJOY INSPIRING ORIGINAL CONTENT THAT SHINES A SPOTLIGHT ON REMARKABLE YOUNG PEOPLE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR OF PRODU
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/MissionDesc0FROM THE TOP EMPOWERS AND CELEBRATES YOUNG MUSICIANS.
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IRS990/OtherExpensesGrp/Desc2EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc3TELEPHONE AND INTERNET
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ADMISSIONS, RECRUITMENT, AND AWARDS DEPARTMENT IS THE ENGINE THAT FUELS FROM THE TOP, BRINGING YOUNG MUSICIANS OF DIFFERENT AGES, GEOGRAPHIC REGIONS, SOCIO-ECONOMIC, AND RACIAL BACKGROUNDS INTO THE ORGANIZATION. THE ADMISSIONS TEAM FACILITATES COMMUNICATION AND AWARENESS OF FROM THE TOP TO A VAST NETWORK OF MUSIC EDUCATORS, PROGRAMS, AND CAMPS. FROM THE TOP HOLDS AUDITIONS THROUGHOUT THE YEAR VIA ZOOM AND ANNUALLY DISTRIBUTES 220,000 IN AWARDS (APPROXIMATELY 22 MUSICIANS RECEIVING 10,000 EACH). SINCE 2005, FROM THE TOP HAS AWARDED OVER 4 MILLION IN JACK KENT COOKE AWARDS TO OVER 400 EXCEPTIONAL YOUNG MUSICIANS WITH FINANCIAL NEED. FROM THE TOP ADDED THE TIM BANKER TALENT DEVELOPMENT AWARD, A NEW PROGRAM THAT IN ITS INAUGURAL YEAR SERVED THREE YOUNG MUSICIANS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0474411
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IRS990/ProgSrvcAccomActy3Grp/Desc0OVER THE PAST DECADE, FROM THE TOP HAS RECOGNIZED THE POWER IN PROVIDING A SPACE FOR YOUNG MUSICIANS TO SLOW DOWN, REFLECT AND BUILD LEADERSHIP SKILLS AND "CITIZEN ARTIST" MUSCLES. THROUGH A MONTH OF ONLINE WORKSHOPS AND FACILITATED PEER EXCHANGE, THESE YOUNG ARTISTS EXAMINE THEIR PASSIONS, WHAT SKILLS THEY HAVE IN AND OUT OF MUSIC, AND WHAT THE WORLD NEEDS. THEY THEN PUT THEIR LEARNING INTO PRACTICE IN A COMMUNITY SETTING.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0FROM THE TOP'S PLATFORM TO BRING VISIBILITY TO YOUNG MUSICIANS AND BUILD AUDIENCES INCLUDES FROM THE TOP AND NPR SOCIAL MEDIA EFFORTS. IN 2023-24, FTT REACHED 2.5 MILLION PEOPLE ON ITS OWN FACEBOOK, INSTAGRAM, AND YOUTUBE CHANNELS. FROM THE TOP COLLABORATED WITH HUNDREDS OF TEEN MUSICIANS TO CREATE AND DISTRIBUTE 260 SHORT VIDEOS FOR THE ORGANIZATION'S DAILY JOY SERIES, UTILIZED ON SOCIALS AND DISTRIBUTED EVERY WEEKDAY OF THE YEAR THROUGH A POPULAR EMAIL SUBSCRIPTION.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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