Civic Intelligence

Danbury Music Centre Inc.

990 • Fiscal year 2014 • EIN 06-0732184

Jun 01, 2013 to May 31, 2014 • Filed on Jan 28, 2015

256 Main StreetDanbury, CT 06810

(203) 748-1716

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

28th percentile

-6.4%

Higher net margin than 28% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

49th percentile

1.3%

Faster asset growth than 49% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

47th percentile

-0.1%

Faster revenue growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$344,306

Up $4,273 (+1.3%) from 2013

Net Assets

Up

$342,821

Up $4,273 (+1.3%) from 2013

Liabilities

Flat

$1,485

Flat from 2013

Revenue

Down

$334,735

Down $177 (-0.1%) from 2013

Expenses

Up

$356,024

Up $3,075 (+0.9%) from 2013

Net Income

Down

-$21,289

Down $3,252 (-18%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $370,576Liabilities 2011: $2,285Net Assets 2011: $368,2912011Assets 2012: $330,531Liabilities 2012: $2,570Net Assets 2012: $327,9612012Assets 2013: $340,033Liabilities 2013: $1,485Net Assets 2013: $338,5482013Assets 2014: $344,306Liabilities 2014: $1,485Net Assets 2014: $342,8212014Assets 2015: $350,724Liabilities 2015: $1,485Net Assets 2015: $349,2392015Assets 2016: $346,424Liabilities 2016: $0Net Assets 2016: $346,4242016Assets 2017: $243,737Liabilities 2017: $25,000Net Assets 2017: $218,7372017Assets 2018: $164,725Liabilities 2018: $16,690Net Assets 2018: $148,0352018Assets 2019: $257,383Liabilities 2019: $34,128Net Assets 2019: $223,2552019Assets 2020: $230,012Liabilities 2020: $49,600Net Assets 2020: $180,4122020Assets 2021: $432,466Liabilities 2021: $221,205Net Assets 2021: $211,2612021Assets 2022: $398,553Liabilities 2022: $25,000Net Assets 2022: $373,5532022Assets 2023: $346,906Liabilities 2023: $25,040Net Assets 2023: $321,8662023Assets 2024: $359,207Liabilities 2024: $25,378Net Assets 2024: $333,8292024Assets 2025: $292,328Liabilities 2025: $25,000Net Assets 2025: $267,3282025

Highlighted filing

2014

Assets$344,306
Liabilities$1,485
Net Assets$342,821

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $327,050Expenses 2011: $337,398Net Income 2011: -$10,3482011Revenue 2012: $327,423Expenses 2012: $364,489Net Income 2012: -$37,0662012Revenue 2013: $334,912Expenses 2013: $352,949Net Income 2013: -$18,0372013Revenue 2014: $334,735Expenses 2014: $356,024Net Income 2014: -$21,2892014Revenue 2015: $442,817Expenses 2015: $436,399Net Income 2015: $6,4182015Revenue 2016: $391,113Expenses 2016: $384,302Net Income 2016: $6,8112016Revenue 2017: $281,443Expenses 2017: $429,545Net Income 2017: -$148,1022017Revenue 2018: $303,157Expenses 2018: $387,056Net Income 2018: -$83,8992018Revenue 2019: $342,465Expenses 2019: $349,670Net Income 2019: -$7,2052019Revenue 2020: $414,710Expenses 2020: $457,803Net Income 2020: -$43,0932020Revenue 2021: $236,990Expenses 2021: $205,840Net Income 2021: $31,1502021Revenue 2022: $413,015Expenses 2022: $250,723Net Income 2022: $162,2922022Revenue 2023: $335,734Expenses 2023: $326,406Net Income 2023: $9,3282023Revenue 2024: $333,152Expenses 2024: $380,952Net Income 2024: -$47,8002024Revenue 2025: $327,415Expenses 2025: $401,184Net Income 2025: -$73,7692025

Highlighted filing

2014

Revenue$334,735
Expenses$356,024
Net Income-$21,289
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Jan 28, 2015
Return Version
2013v4.0
Gross Receipts
$334,735
Mission and Program Overview

Mission

To sponsor musical organizations, both instrumental and vocal, in which persons of a wide variety of musical backgrounds are encouraged to study and perform classical and modern compositions to improve their musical ability and to share the joy of music with the people of the greater danbury area. The musical organizations of the danbury music centre will be composed of amateur and professional musicians from the greater danbury area and will be conducted by professional directors.

To sponsor musical organizations, both insturmental and vocal, in which persons of a wide variety of muscial backgrounds are encouraged to study and perform classical and modern compositions to improve their ability and to share the joy of music with people in the greater danbury area.... Most performances are free to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$244,434$270,264▲ $25,830
Savings and Temporary Cash Investments$95,181$62,496▼ $32,685
Cash and Non-Interest-Bearing Accounts$418$11,546▲ $11,128
Total Assets$340,033$344,306▲ $4,273
Liabilities
Deferred Revenue$1,485$1,485→ $0
Total Liabilities$1,485$1,485→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$268,313$292,765▲ $24,452
Unrestricted Net Assets$62,030$38,627▼ $23,403
Temporarily Rstr Net Assets$8,205$11,429▲ $3,224
Total Net Assets Fund Balance$338,548$342,821▲ $4,273
Total Liabilities and Net Assets / Fund Balance$340,033$344,306▲ $4,273
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laura FlachbartPresident
Brenda HamiltonDirector
Carlos SousaDirector
Dawn RingesDirector
Guy De PaulDirector
Janice DonnellyDirector
Karen WatkoDirector
Kim HumphrevilleDirector
Kimberly MarcusDirector
Linda BurhanceDirector
Linda PoulinDirector
Marcia KlebanowDirector
Nancy LuntDirector
Peg HeetmannDirector
Sheila SundaramDirector
Thomas MorrisDirector
Joan HowardSecretary
John BergerTreasurer
Donna LockeVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$233,419
Program Service Revenue
$88,425
Investment Income
$5,143
Other Revenue
$7,748
All Other Contributions
$184,419
Change in Net Assets
$-21,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,017
Salaries, Compensation, and Employee Benefits$99,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,106$9,901-$99,007
All Other Expenses$30,344--$30,344
Insurance$13,158--$13,158
Other Expenses$8,500--$8,500
Office Expenses$1,555$1,364-$2,919
Total Functional Expenses$344,759$11,265$0$356,024
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
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
No
Conflict-of-interest policy
No
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

990 is reviewed with board before filing

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to public upon request.

Filing and Contact Details

Filer

EIN
06-0732184
Phone
2037481716

Signing Officer

Name
Mary Larew
Title
Executive Director
Phone
2037481716
Signed
2015-01-28

Organization Details

Principal Officer
Laura Flachbart
Formed
1935
Legal Domicile
Ct
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
600

Preparer

Preparer
Lyn R Meyers CPA
Phone
2037970405
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To sponsor musical organizations, both insturmental and vocal, in which persons of a wide variety of muscial backgrounds are encouraged to study and perform classical and modern compositions to improve their ability and to share the joy of music with people in the greater danbury area.... Most performances are free to the public.

Form 990, Part XI, Line 9

DEPRECIATION 0

Form 990, Part XI, Line 9

UNREAL GAIN/LOSS 25,562

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IRS990/ProgramServiceRevenueGrp/Desc2DPSO-TUTITION
IRS990/ProgramServiceRevenueGrp/Desc3OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061566
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37879
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061566
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37879
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0222706
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08582
IRS990/PYOtherExpensesAmt0244286
IRS990/PYOtherRevenueAmt017540
IRS990/PYProgramServiceRevenueAmt086084
IRS990/PYRevenuesLessExpensesAmt0-18037
IRS990/PYSalariesCompEmpBnftPaidAmt0108663
IRS990/PYTotalExpensesAmt0352949
IRS990/PYTotalRevenueAmt0334912
IRS990/ReconcilationRevenueExpnssAmt0-21289
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt095181
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062496
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0233419
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0222706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0225447
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0223599
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0194166
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01099337
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05143
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08582
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05205
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05572
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06157
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt030659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt096173
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0112712
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0109438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0105941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0104889
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0529153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05143
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08582
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05205
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05572
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt030659
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98150
IRS990ScheduleA/PublicSupportPY509Pct00.97630
IRS990ScheduleA/PublicSupportTotal509Amt01628490
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0329592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0335418
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0334885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0329540
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0299055
IRS990ScheduleA/Total509Grp/TotalAmt01628490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0334735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0344000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0340090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0335112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0305212
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01659149
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SPONSOR MUSICAL ORGANIZATIONS, BOTH INSTURMENTAL AND VOCAL, IN WHICH PERSONS OF A WIDE VARIETY OF MUSCIAL BACKGROUNDS ARE ENCOURAGED TO STUDY AND PERFORM CLASSICAL AND MODERN COMPOSITIONS TO IMPROVE THEIR ABILITY AND TO SHARE THE JOY OF MUSIC WITH PEOPLE IN THE GREATER DANBURY AREA.... MOST PERFORMANCES ARE FREE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS REVIEWED WITH BOARD BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEPRECIATION 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNREAL GAIN/LOSS 25,562
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08205
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011429
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0340033
IRS990/TotalAssetsEOYAmt0344306
IRS990/TotalAssetsGrp/BOYAmt0340033
IRS990/TotalAssetsGrp/EOYAmt0344306
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0233419
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011265
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0344759
IRS990/TotalFunctionalExpensesGrp/TotalAmt0356024
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01485
IRS990/TotalLiabilitiesEOYAmt01485
IRS990/TotalLiabilitiesGrp/BOYAmt01485
IRS990/TotalLiabilitiesGrp/EOYAmt01485
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0338548
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0342821
IRS990/TotalProgramServiceExpensesAmt0344759
IRS990/TotalProgramServiceRevenueAmt088425
IRS990/TotalRevenueGrp/ExclusionAmt05143
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt096173
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0334735
IRS990/TotalVolunteersCnt0600
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0340033
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0344306
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt062030
IRS990/UnrestrictedNetAssetsGrp/EOYAmt038627
IRS990/USAddress/AddressLine10256 MAIN ST
IRS990/USAddress/City0DANBURY
IRS990/USAddress/State0CT
IRS990/USAddress/ZIPCode006810

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.25$2.67$3.27$4.01$0.74
2024Detailed filing. Detailed filing data is available for this year.$3.59$0.25$3.34$3.33$3.81$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.47$0.25$3.22$3.36$3.26$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.99$0.25$3.74$4.13$2.51$1.62
2021Detailed filing. Detailed filing data is available for this year.$4.32$2.21$2.11$2.37$2.06$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.30$0.50$1.80$4.15$4.58$0.43
2019Summary only. Only limited summary data is available for this year.$2.57$0.34$2.23$3.42$3.50$0.07
2018Summary only. Only limited summary data is available for this year.$1.65$0.17$1.48$3.03$3.87$0.84
2017Summary only. Only limited summary data is available for this year.$2.44$0.25$2.19$2.81$4.30$1.48
2016Summary only. Only limited summary data is available for this year.$3.46$0.00$3.46$3.91$3.84$0.07
2015Summary only. Only limited summary data is available for this year.$3.51$0.01$3.49$4.43$4.36$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.44$0.01$3.43$3.35$3.56$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.01$3.39$3.35$3.53$0.18
2012Summary only. Only limited summary data is available for this year.$3.31$0.03$3.28$3.27$3.64$0.37
2011Summary only. Only limited summary data is available for this year.$3.71$0.02$3.68$3.27$3.37$0.10