Civic Intelligence

Musica Nova Inc.

990EZ • Fiscal year 2018 • EIN 11-3682567

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 18, 2018

Organization ProfileWWW.MUSICANOVAAZ.COM
4802 E Ray Road Suite 23-115Phoenix, AZ 85044

(480) 585-4485

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

37th percentile

-1.3%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

6.9%

Faster revenue growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$7,775

Down $1,074 (-12%) from 2017

Net Assets

Down

$7,775

Down $1,074 (-12%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin37th percentile

Revenue

Up

$80,845

Up $5,218 (+6.9%) from 2017

Expenses

Up

$81,919

Up $9,837 (+14%) from 2017

Net Income

Down

-$1,074

Down $4,619 (-130%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$80K$60K$40K$20K$0Assets 2011: $63,893Liabilities 2011: $02011Assets 2012: $31,957Net Assets 2012: $31,9572012Assets 2013: $17,947Liabilities 2013: $02013Assets 2014: $21,961Liabilities 2014: $02014Assets 2015: $5,261Liabilities 2015: $02015Assets 2016: $5,304Liabilities 2016: $0Net Assets 2016: $5,3042016Assets 2017: $8,849Liabilities 2017: $0Net Assets 2017: $8,8492017Assets 2018: $7,775Liabilities 2018: $0Net Assets 2018: $7,7752018Assets 2019: $20,612Liabilities 2019: $0Net Assets 2019: $20,6122019Assets 2020: $21,226Liabilities 2020: $0Net Assets 2020: $21,2262020Assets 2021: $64,505Liabilities 2021: $0Net Assets 2021: $64,5052021Assets 2022: $61,828Liabilities 2022: $0Net Assets 2022: $61,8282022Assets 2023: $34,180Liabilities 2023: $0Net Assets 2023: $34,1802023Assets 2024: $55,131Liabilities 2024: $0Net Assets 2024: $55,1312024

Highlighted filing

2018

Assets$7,775
Liabilities$0
Net Assets$7,775
Open 2018 Filing

Operations Trend

Revenue Growth59th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $132,321Expenses 2011: $78,798Net Income 2011: $53,5232011Revenue 2012: $46,612Expenses 2012: $78,548Net Income 2012: -$31,9362012Revenue 2013: $43,923Expenses 2013: $57,933Net Income 2013: -$14,0102013Revenue 2014: $66,458Expenses 2014: $62,444Net Income 2014: $4,0142014Revenue 2015: $19,644Expenses 2015: $35,974Net Income 2015: -$16,3302015Revenue 2016: $54,572Expenses 2016: $49,973Net Income 2016: $4,5992016Revenue 2017: $75,627Expenses 2017: $72,082Net Income 2017: $3,5452017Revenue 2018: $80,845Expenses 2018: $81,919Net Income 2018: -$1,0742018Revenue 2019: $78,282Expenses 2019: $65,685Net Income 2019: $12,5972019Revenue 2020: $68,413Expenses 2020: $62,799Net Income 2020: $5,6142020Revenue 2021: $93,289Expenses 2021: $50,010Net Income 2021: $43,2792021Revenue 2022: $99,905Expenses 2022: $102,784Net Income 2022: -$2,8792022Revenue 2023: $88,672Expenses 2023: $116,320Net Income 2023: -$27,6482023Revenue 2024: $96,801Expenses 2024: $76,406Net Income 2024: $20,3952024

Highlighted filing

2018

Revenue$80,845
Expenses$81,919
Net Income-$1,074
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 18, 2018
Return Version
2017v2.3
Gross Receipts
$82,015
Mission and Program Overview

Mission

Music Performance and Education

Program Services

DescriptionGrantsExpenses
THE ORCHESTRA CONCERTS SERIES BY THE PROFESSIONAL MUSICANOVA ORCHESTRA (MNO) PLAYS GREAT NEW AND NEGLECTED MUSIC NOT THE SAME GREATEST HITS YOU HEAR EVERYWHERE AND PRESENTS THE FINEST EMERGING TALENT. WE ARE INNOVATIVE, SURPRISING AND ENTERTAINING. WHEN WAS THE LAST TIME YOUR HEARD SOMETHING GREAT FOR THE FIRST TIME? IT WAS PROBABLY AT A MUSICANOVA ORCHESTRA CONCERT-$76,943
THE EDUCATIONAL OUTREACH AND COLLABORATION PROGRAM, WHERE MNO MUSICIANS VISIT PARTNER SCHOOLS AND ORGANIZATIONS AROUND THE GREATER PHOENIX AZ METROPOLITAN AREA TO PLAY MUSIC FROM UPCOMING CONCERTS AND SHARE THEIR ASPIRATIONS, INSPIRATIONS, AND LIFE AS MUSICIANS. MNO MAY ACT AS ARTIST- IN-RESIDENCE AT A PARTNER SCHOOL AND GIVE WORKSHOPS TO ALL STUDENT- MUSICIANS. OUTSTANDING STUDENT-MUSICIANS MAY BE INVITED TO SIT IN WITH MNO PROFESSIONALS IN AN ORCHESTRA CONCERT.-$3,613
THE YOUNG ARTISTS CONCERTS SERIES IS DEVOTED TO EXCEPTIONALLY TALENTED MUSICIANS UNDER 18 IN A FORMAL RECITAL SETTING. MANY MUSICANOVA YOUNG ARTISTS GO ON TO SOLO APPEARANCES WITH THE ORCHESTRA.-$2,261
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WARREN COHENOther OfficePT$0--
ROBERT ALTIZERPresident/CePT$0--
PETER CARLSTONSecretary; D-$0--
LEE CHIVERSTreasurer -DPT$0--
GARY MOSSTreasurerPT$0--
DOMINIQUE VAN DE STADTDirector-$0--
JOHN CLEVELANDDirectorPT$0--
ELIZABETH MCKINNONDirectorPT$0--
ETHEL HARRISDirector-$0--
ROBERT LEGERDirector-$0--
JILL OSBORNEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Musica Nova Inc
EIN
11-3682567
Phone
4805854485
Address
4802 E RAY ROAD SUITE 23-115, PHOENIX, AZ 85044

Signing Officer

Name
Robert Altizer
Title
PRESIDENT/CEO; DIREC
Phone
4802039078
Signed
2018-12-18

Preparer

Firm
Schneider & Associate Cpas Pc
Address
727 E BETHANY HOME RD STE D122, PHOENIX, AZ 85014
Preparer
Stacy a Schneider
Phone
6022772117
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertisement 2,025 supplies 197 email service 432 it 1,959 travel 19 liability insurance 500 bank fees 6 membership fees 1,620 license and fees 84 audio recording 3,450 stage management 1,050 sheet music 1,598 tickets 150 business registration fee 10 other 412 merchant fee 248 miscellaneous 250 total 14,010”

Form 990-ez, Part III, Line 28

“The orchestra concerts series by the professional musicanova orchestra (mno) plays great new and neglected music not the same greatest hits you hear everywhere and presents the finest emerging talent. We are innovative, surprising and entertaining. When was the last time your heard something great for the first time? It was probably at a musicanova orchestra concert”

Form 990-ez, Part III, Line 29

“The educational outreach and collaboration program, where mno musicians visit partner schools and organizations around the greater phoenix az metropolitan area to play music from upcoming concerts and share their aspirations, inspirations, and life as musicians. Mno may act as artist- in-residence at a partner school and give workshops to all student- musicians. Outstanding student-musicians may be invited to sit in with mno professionals in an orchestra concert.”

Raw XML Appendix196 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OTHER OFFICE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY; D
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER -D
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0MUSIC PERFORMANCE AND EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt04154
IRS990EZ/ProgramServiceRevenueAmt020261
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORCHESTRA CONCERTS SERIES BY THE PROFESSIONAL MUSICANOVA ORCHESTRA (MNO) PLAYS GREAT NEW AND NEGLECTED MUSIC NOT THE SAME GREATEST HITS YOU HEAR EVERYWHERE AND PRESENTS THE FINEST EMERGING TALENT. WE ARE INNOVATIVE, SURPRISING AND ENTERTAINING. WHEN WAS THE LAST TIME YOUR HEARD SOMETHING GREAT FOR THE FIRST TIME? IT WAS PROBABLY AT A MUSICANOVA ORCHESTRA CONCERT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE EDUCATIONAL OUTREACH AND COLLABORATION PROGRAM, WHERE MNO MUSICIANS VISIT PARTNER SCHOOLS AND ORGANIZATIONS AROUND THE GREATER PHOENIX AZ METROPOLITAN AREA TO PLAY MUSIC FROM UPCOMING CONCERTS AND SHARE THEIR ASPIRATIONS, INSPIRATIONS, AND LIFE AS MUSICIANS. MNO MAY ACT AS ARTIST- IN-RESIDENCE AT A PARTNER SCHOOL AND GIVE WORKSHOPS TO ALL STUDENT- MUSICIANS. OUTSTANDING STUDENT-MUSICIANS MAY BE INVITED TO SIT IN WITH MNO PROFESSIONALS IN AN ORCHESTRA CONCERT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE YOUNG ARTISTS CONCERTS SERIES IS DEVOTED TO EXCEPTIONALLY TALENTED MUSICIANS UNDER 18 IN A FORMAL RECITAL SETTING. MANY MUSICANOVA YOUNG ARTISTS GO ON TO SOLO APPEARANCES WITH THE ORCHESTRA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt076943
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13613
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt22261
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISEMENT 2,025 SUPPLIES 197 EMAIL SERVICE 432 IT 1,959 TRAVEL 19 LIABILITY INSURANCE 500 BANK FEES 6 MEMBERSHIP FEES 1,620 LICENSE AND FEES 84 AUDIO RECORDING 3,450 STAGE MANAGEMENT 1,050 SHEET MUSIC 1,598 TICKETS 150 BUSINESS REGISTRATION FEE 10 OTHER 412 MERCHANT FEE 248 MISCELLANEOUS 250 TOTAL 14,010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORCHESTRA CONCERTS SERIES BY THE PROFESSIONAL MUSICANOVA ORCHESTRA (MNO) PLAYS GREAT NEW AND NEGLECTED MUSIC NOT THE SAME GREATEST HITS YOU HEAR EVERYWHERE AND PRESENTS THE FINEST EMERGING TALENT. WE ARE INNOVATIVE, SURPRISING AND ENTERTAINING. WHEN WAS THE LAST TIME YOUR HEARD SOMETHING GREAT FOR THE FIRST TIME? IT WAS PROBABLY AT A MUSICANOVA ORCHESTRA CONCERT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EDUCATIONAL OUTREACH AND COLLABORATION PROGRAM, WHERE MNO MUSICIANS VISIT PARTNER SCHOOLS AND ORGANIZATIONS AROUND THE GREATER PHOENIX AZ METROPOLITAN AREA TO PLAY MUSIC FROM UPCOMING CONCERTS AND SHARE THEIR ASPIRATIONS, INSPIRATIONS, AND LIFE AS MUSICIANS. MNO MAY ACT AS ARTIST- IN-RESIDENCE AT A PARTNER SCHOOL AND GIVE WORKSHOPS TO ALL STUDENT- MUSICIANS. OUTSTANDING STUDENT-MUSICIANS MAY BE INVITED TO SIT IN WITH MNO PROFESSIONALS IN AN ORCHESTRA CONCERT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT ALTIZER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO; DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum04802039078
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSICA NOVA INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0113682567
ReturnHeader/Filer/PhoneNum04805854485
ReturnHeader/Filer/USAddress/AddressLine1Txt04802 E RAY ROAD SUITE 23-115
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085044
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A19EAE9329B2558E0932EA72EC790AFD88B3CE40
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.172.64.115
ReturnHeader/FilingSecurityInformation/IPDt02018-12-26
ReturnHeader/FilingSecurityInformation/IPTm015:56:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203741415
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHNEIDER & ASSOCIATE CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0727 E BETHANY HOME RD STE D122
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085014
ReturnHeader/PreparerPersonGrp/PhoneNum06022772117
ReturnHeader/PreparerPersonGrp/PreparationDt02018-12-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STACY A SCHNEIDER
ReturnHeader/ReturnTs02019-01-07T15:19:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,775
Liabilities
$0
Net assets
$7,775
Revenue
$80,845
Expenses
$81,919
Net income
-$1,074
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.97$0.76$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.89$1.16$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$1.00$1.03$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.93$0.50$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.68$0.63$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.78$0.66$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.81$0.82$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.76$0.72$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.55$0.50$0.05
2015Summary only. Only limited summary data is available for this year.$0.05$0.00$0.20$0.36$0.16
2014Summary only. Only limited summary data is available for this year.$0.22$0.00$0.66$0.62$0.04
2013Summary only. Only limited summary data is available for this year.$0.18$0.00$0.44$0.58$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.32$0.47$0.79$0.32
2011Summary only. Only limited summary data is available for this year.$0.64$0.00$1.32$0.79$0.54
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits