Civic Intelligence

Source Music Inc.

990EZ • Fiscal year 2018 • EIN 13-3372656

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 05, 2019

Organization ProfileWWW.SOURCEMUSIC.ORG
PO Box 1066 Cooper StationNew York, NY 10276-1066

(212) 388-0737

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

88th percentile

37%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

96th percentile

$35,500

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 39.4% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$37,032

No earlier filing loaded for comparison.

Net Assets

$37,032

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin88th percentile

Revenue

$90,000

No earlier filing loaded for comparison.

Expenses

$56,484

No earlier filing loaded for comparison.

Net Income

$33,516

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2018: $37,032Liabilities 2018: $0Net Assets 2018: $37,0322018Assets 2019: $21Liabilities 2019: $0Net Assets 2019: $212019Assets 2022: $607Liabilities 2022: $0Net Assets 2022: $6072022Assets 2023: $333,518Liabilities 2023: $0Net Assets 2023: $333,5182023

Highlighted filing

2018

Assets$37,032
Liabilities$0
Net Assets$37,032
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2018: $90,000Expenses 2018: $56,484Net Income 2018: $33,5162018Revenue 2019: $33,166Expenses 2019: $70,177Net Income 2019: -$37,0112019Revenue 2022: $26,000Expenses 2022: $34,810Net Income 2022: -$8,8102022Revenue 2023: $390,456Expenses 2023: $58,544Net Income 2023: $331,9122023

Highlighted filing

2018

Revenue$90,000
Expenses$56,484
Net Income$33,516
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 5, 2019
Return Version
2017v2.2
Gross Receipts
$90,000
Mission and Program Overview

Mission

Primary exempt purpose is promotion, production and education about quality music.

Program Services

DescriptionGrantsExpenses
SOLICITING FUNDING FOR AND ENGAGING IN THE PREPARATIONS FOR MAJOR U.S. MUSICAL PERFORMANCES IN NOVEMBER 2018-$33,890
CREATION OF A WEBSITE AND RELATED ACTIVITIES THAT INCLUDE PROGRAMMING, TECH, GRAPHICS, AND THE GATHERING OF INFORMATION.-$16,945
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAPHAEL MOSTELPresident, Artistic DirectorFT$35,500-$35,500
PHILIP T SIMPSON ESQSecretary-$0--
JEFFREY SCHEUERMember-$0--
THOMAS FREUDENHEIMMember-$0--
Filing and Contact Details

Filer

Filer Name
Source Music Inc
EIN
13-3372656
Phone
2123880737
Address
PO BOX 1066 COOPER STATION, NEW YORK, NY 10276-1066

Signing Officer

Name
Raphael Mostel
Title
President, Artistic Director
Phone
2123880737
Signed
2019-08-05
Discuss with paid preparer
Yes

Preparer

Firm
Sanford Galinsky CPA
Address
445 E 86th St 6B, New York, NY 10028
Preparer
S Sanford Galinsky CPA
Phone
2128605484
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Production expenses 42925.”

Form 990EZ, Part I, Line 16

“REGISTRATION 40.”

Form 990EZ, Part I, Line 16

“WEBSITE HOSTING 84.”

Raw XML Appendix146 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TAXPAYER
IRS990EZ/BooksInCareOfDetail/PhoneNum02123880737
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01 UNIVERSITY PLACE 16D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0100034569
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03516
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037032
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt090000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt033516
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02800
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03516
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037032
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt090000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03516
IRS990EZ/NetAssetsOrFundBalancesEOYAmt037032
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03516
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037032
IRS990EZ/OccupancyRentUtltsAndMaintAmt010475
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt035500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAPHAEL MOSTEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PHILIP T SIMPSON ESQ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFFREY SCHEUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3THOMAS FREUDENHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, ARTISTIC DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt043049
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PRIMARY EXEMPT PURPOSE IS PROMOTION, PRODUCTION AND EDUCATION ABOUT QUALITY MUSIC.
IRS990EZ/PrintingPublicationsPostageAmt0160
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREATION OF A WEBSITE AND RELATED ACTIVITIES THAT INCLUDE PROGRAMMING, TECH, GRAPHICS, AND THE GATHERING OF INFORMATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SOLICITING FUNDING FOR AND ENGAGING IN THE PREPARATIONS FOR MAJOR U.S. MUSICAL PERFORMANCES IN NOVEMBER 2018
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016945
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt133890
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056484
IRS990EZ/TotalProgramServiceExpensesAmt050835
IRS990EZ/TotalRevenueAmt090000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SOURCEMUSIC.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt090000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt014520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0105320
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0105320
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt090000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt014520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/Total509Grp/TotalAmt0105320
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0105320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRODUCTION EXPENSES 42925.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGISTRATION 40.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE HOSTING 84.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAPHAEL MOSTEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, ARTISTIC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02123880737
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOURCE MUSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUR
ReturnHeader/Filer/EIN0133372656
ReturnHeader/Filer/PhoneNum02123880737
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1066 COOPER STATION
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0102761066
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DB343A398694768E51A18D5BB8319B01D203EE9B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DB343A398694768E51A18D5BB8319B01D203EE9B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.122.245.95
ReturnHeader/FilingSecurityInformation/IPDt02019-08-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm015:30:56
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sanford Galinsky CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 E 86th St 6B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010028
ReturnHeader/PreparerPersonGrp/PhoneNum02128605484
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0S SANFORD GALINSKY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-08-14T15:31:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
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
$37,032
Liabilities
$0
Net assets
$37,032
Revenue
$90,000
Expenses
$56,484
Net income
$33,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$3.90$0.59$3.32
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.26$0.35$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.33$0.70$0.37
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.90$0.56$0.34