Civic Intelligence

Source Music Inc

990EZ • Fiscal year 2022 • EIN 13-3372656

Oct 01, 2021 to Sep 30, 2022 • Filed on Jul 19, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

14th percentile

-34%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$23,877

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 91.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

95th percentile

207%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2022

Revenue Growth

33rd percentile

-7.8%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$607

Up $586 (+2790%) from 2019

Net Assets

Up

$607

Up $586 (+2790%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin14th percentile

Revenue

Down

$26,000

Down $7,166 (-22%) from 2019

Expenses

Down

$34,810

Down $35,367 (-50%) from 2019

Net Income

Up

-$8,810

Up $28,201 (+76%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

2022

Assets$607
Liabilities$0
Net Assets$607
Open 2022 Filing

Operations Trend

Revenue Growth33rd percentile

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

2022

Revenue$26,000
Expenses$34,810
Net Income-$8,810
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jul 19, 2023
Return Version
2021v4.1
Gross Receipts
$26,000
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
RESEARCH, PLANNING, PREPARATION, PROMOTION, AND FUNDRAISINGTOWARDS RE-STARTING POSTPANDEMIC PRESENTATIONS AND RELATEDEDUCATIONAL OUTREACH FOR MAJOR PRODUCTIONS IN 2024.$0$33,070
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAPHAEL MOSTELPresident, Artistic DirectorFT$23,877-$23,877
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
2023-07-19
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

“WEBSITE HOSTING 183.”

Form 990EZ, Part I, Line 16

“COMMUNICATIONS 1750.”

Form 990EZ, Part I, Line 20

“Prior period adjustment 2791.”

Raw XML Appendix168 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
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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/BOYAmt06626
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0607
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt026000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8810
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06626
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt026000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06626
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0607
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0607
IRS990EZ/OccupancyRentUtltsAndMaintAmt09000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt023877
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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/OtherChangesInNetAssetsAmt02791
IRS990EZ/OtherExpensesTotalAmt01933
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PRIMARY EXEMPT PURPOSE IS PROMOTION, PRODUCTION AND EDUCATION ABOUT QUALITY MUSIC.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RESEARCH, PLANNING, PREPARATION, PROMOTION, AND FUNDRAISINGTOWARDS RE-STARTING POSTPANDEMIC PRESENTATIONS AND RELATEDEDUCATIONAL OUTREACH FOR MAJOR PRODUCTIONS IN 2024.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt033070
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt023877
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt034810
IRS990EZ/TotalProgramServiceExpensesAmt033070
IRS990EZ/TotalRevenueAmt026000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SOURCEMUSIC.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt033166
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt090000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0181147
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0181147
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt018000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt013981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt033166
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt090000
IRS990ScheduleA/Total509Grp/TotalAmt0181147
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0181147
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEBSITE HOSTING 183.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNICATIONS 1750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT 2791.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAPHAEL MOSTEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, ARTISTIC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02123880737
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-19
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/PreparerFirmGrp/PreparerFirmEIN0133598372
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/PreparationDt02023-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0S SANFORD GALINSKY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-07T15:13:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RAPHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MOSTEL
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$607
Liabilities
$0
Net assets
$607
Revenue
$26,000
Expenses
$34,810
Net income
-$8,810
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