Civic Intelligence

Bang on a Can Inc.

990 • Fiscal year 2021 • EIN 13-3392963

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 14, 2022

Organization ProfileBANGONACAN.ORG

View Organization Page

80 Hanson Place No 301Brooklyn, NY 11217

(718) 852-7755

Siviq Scores

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

Liabilities / Assets

41st percentile

0.02x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

25th percentile

0.01x

Higher debt load relative to revenue than 25% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Net Margin

24th percentile

-1.0%

Higher net margin than 24% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$110,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Asset Growth

13th percentile

-2.9%

Faster asset growth than 13% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-13%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$1,135,997

Down $34,079 (-2.9%) from 2020

Net Assets

Down

$1,109,963

Down $19,694 (-1.7%) from 2020

Liabilities

Down

$26,034

Down $14,385 (-36%) from 2020

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin24th percentile

Revenue

Down

$1,937,711

Down $292,556 (-13%) from 2020

Expenses

Up

$1,957,405

Up $206,557 (+12%) from 2020

Net Income

Down

-$19,694

Down $499,113 (-104%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,009,938Liabilities 2010: $51,756Net Assets 2010: $958,1822010Assets 2011: $954,321Liabilities 2011: $74,823Net Assets 2011: $879,4982011Assets 2012: $1,046,472Liabilities 2012: $28,008Net Assets 2012: $1,018,4642012Assets 2013: $1,027,008Liabilities 2013: $52,567Net Assets 2013: $974,4412013Assets 2014: $757,413Liabilities 2014: $51,697Net Assets 2014: $705,7162014Assets 2015: $808,921Liabilities 2015: $86,526Net Assets 2015: $722,3952015Assets 2016: $851,091Liabilities 2016: $47,706Net Assets 2016: $803,3852016Assets 2017: $935,003Liabilities 2017: $164,302Net Assets 2017: $770,7012017Assets 2018: $1,130,267Liabilities 2018: $168,225Net Assets 2018: $962,0422018Assets 2019: $702,451Liabilities 2019: $52,213Net Assets 2019: $650,2382019Assets 2020: $1,170,076Liabilities 2020: $40,419Net Assets 2020: $1,129,6572020Assets 2021: $1,135,997Liabilities 2021: $26,034Net Assets 2021: $1,109,9632021Assets 2022: $1,435,543Liabilities 2022: $132,206Net Assets 2022: $1,303,3372022Assets 2023: $1,215,981Liabilities 2023: $151,288Net Assets 2023: $1,064,6932023Assets 2024: $1,107,964Liabilities 2024: $84,517Net Assets 2024: $1,023,4472024

Highlighted filing

2021

Assets$1,135,997
Liabilities$26,034
Net Assets$1,109,963
Open 2021 Filing

Operations Trend

Revenue Growth26th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,482,2522010Expenses 2011: $1,608,8572011Expenses 2012: $1,736,0472012Revenue 2013: $1,964,932Expenses 2013: $2,008,955Net Income 2013: -$44,0232013Revenue 2014: $1,727,426Expenses 2014: $1,996,151Net Income 2014: -$268,7252014Revenue 2015: $1,980,049Expenses 2015: $1,963,370Net Income 2015: $16,6792015Revenue 2016: $2,259,906Expenses 2016: $2,178,916Net Income 2016: $80,9902016Revenue 2017: $2,134,682Expenses 2017: $2,167,366Net Income 2017: -$32,6842017Revenue 2018: $2,387,154Expenses 2018: $2,195,813Net Income 2018: $191,3412018Revenue 2019: $2,125,653Expenses 2019: $2,437,457Net Income 2019: -$311,8042019Revenue 2020: $2,230,267Expenses 2020: $1,750,848Net Income 2020: $479,4192020Revenue 2021: $1,937,711Expenses 2021: $1,957,405Net Income 2021: -$19,6942021Revenue 2022: $3,334,270Expenses 2022: $3,140,896Net Income 2022: $193,3742022Revenue 2023: $3,572,707Expenses 2023: $3,811,351Net Income 2023: -$238,6442023Revenue 2024: $3,296,533Expenses 2024: $3,337,779Net Income 2024: -$41,2462024

Highlighted filing

2021

Revenue$1,937,711
Expenses$1,957,405
Net Income-$19,694
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 14, 2022
Return Version
2020v4.0
Gross Receipts
$1,937,711
Mission and Program Overview

Mission

Presenting, commissioning, performing, recording and teaching contemporary music. Bang on a can believes in exposing exciting new music as broadly and accessibly as possible. Through it's summer institute, bang on a can hopes to bring this energy and passion for innovation to a younger generation of composers and players.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,023,691$985,421▼ $38,270
Accounts Receivable$114,930$116,009▲ $1,079
Inventories for Sale or Use$21,816$21,831▲ $15
Land, Buildings, and Equipment, Net-$1,921-
Prepaid Expenses and Deferred Charges-$1,176-
Total Assets$1,170,076$1,135,997▼ $34,079
Other Assets Total$9,639$9,639→ $0
Liabilities
Deferred Revenue$22,238--
Other Liabilities$10,323$14,185▲ $3,862
Accounts Payable and Accrued Expenses$7,858$11,849▲ $3,991
Total Liabilities$40,419$26,034▼ $14,385
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$919,007$1,109,963▲ $190,956
Net Assets With Donor Restrictions$210,650--
Total Net Assets Fund Balance$1,129,657$1,109,963▼ $19,694
Total Liabilities and Net Assets / Fund Balance$1,170,076$1,135,997▼ $34,079

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,921$44,759$46,680
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kenneth SavelsonExecutive DiFT$110,000$110,000
Michael GordonMember/artisPT$35,800$35,800
David LangMember/artisPT$25,531$25,531
Julia WolfeMember/artisPT$15,261$15,261

Board Members and Trustees

NameTitle
Adam WolfensohnCochair Fina
Michael KushnerPresident
Betto ArcosMember
Dan BaldiniMember
Elizabeth MurrellMember
George LewisMember
Jane StewartMember
Jeffrey BishopMember
Jeffrey CalmanMember
Leslie LassiterMember
Lynette JaffeMember
Raulee MarcusMember
Robert a SkirnickSecretary
Alan KiffersteinTreasurer
Sandra TaitVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,791,098
Program Service Revenue
$145,057
Investment Income
$1,550
Other Revenue
$6
All Other Contributions
$555,138
Change in Net Assets
$-19,694

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,937,711
Total Revenue per Audited Statements
$1,937,711
Total Revenue per Form 990
$1,937,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,018,037
Salaries, Compensation, and Employee Benefits$939,368
Total Fundraising Expense$150,275
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$482,682$148,518$111,388$742,588
Office Expenses$172,026$45,873$11,468$229,367
Other Employee Benefits$86,313$34,252$16,441$137,006
Advertising$100,132--$100,132
Payroll Taxes$37,657$14,944$7,173$59,774
Travel$46,138--$46,138
Occupancy$26,744$7,589$1,807$36,140
Fees for Services Accounting$5,798$13,529-$19,327
Other Expenses$3,407$341$511$4,259
All Other Expenses--$1,248$1,248
Fees for Services Legal$127$298-$425
Depreciation Depletion-$66-$66
Total Functional Expenses$1,540,717$266,413$150,275$1,957,405

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,957,405
Total Expenses per Audited Statements$1,957,405
Total Expenses per Form 990$1,957,405
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$11,819
Payroll Tax Payable$2,359
Sales Tax Payable$7
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

“Form 990 is sent to organization for the board to review before filing the return.”

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

“Bang on a can maintains a relatively small board who are informed at board meetings that they shall disclose any personal interest which they have in any matter pending before the board and that if the board were to determine such to be a potential conflict of interest, they shall refrain from participation in any decision on such matter.”

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

“Compensation for key employees is ultimately determined by the board of directors finance committee. Review and approval is carried out by the board finance committee. The executive director recommends compensation for key employees to the board finance committee who then review the recommendations and approves.”

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

“Compensation for key employees is ultimately determined by the board of directors finance committee. Review and approval is carried out by the board finance committee. The executive director recommends compensation for key employees to the board finance committee who then review the recommendations and approves.”

Form 990, Page 6, Part VI, Line 19

“All tax forms are available upon request.”

Filing and Contact Details

Filer

Filer Name
Bang on a Can
EIN
13-3392963
Phone
7188527755
Address
80 HANSON PLACE NO 301, BROOKLYN, NY 11217

Signing Officer

Name
Kenneth Savelson
Title
Executive Director
Phone
7188527755
Signed
2022-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Savelson
Formed
1986
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
14

Preparer

Firm
Moses & Schreiber Llp
Address
1 HUNTINGTON QUADRANGLE STE 3N05, MELVILLE, NY 11747-4468
Preparer
Gregory S Rom CPA
Phone
5163527700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Presenting, commissioning, performing, recording and teaching contemporary music. Bang on a can believes in exposing exciting new music as broadly and accessibly as possible. Through it's summer institute, bang on a can hopes to bring this energy and passion for innovation to a younger generation of composers and players.”

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IRS990/LandBldgEquipCostOrOtherBssAmt046680
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRESENTING, COMMISSIONING, PERFORMING, RECORDING AND TEACHING CONTEMPORARY MUSIC. BANG ON A CAN BELIEVES IN EXPOSING EXCITING NEW MUSIC AS BROADLY AND ACCESSIBLY AS POSSIBLE. THROUGH IT'S SUMMER INSTITUTE, BANG ON A CAN HOPES TO BRING THIS ENERGY AND PASSION FOR INNOVATION TO A YOUNGER GENERATION OF COMPOSERS AND PLAYERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01129657
IRS990/NetAssetsOrFundBalancesEOYAmt01109963
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0919007
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01109963
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01807
IRS990/OccupancyGrp/ManagementAndGeneralAmt07589
IRS990/OccupancyGrp/ProgramServicesAmt026744
IRS990/OccupancyGrp/TotalAmt036140
IRS990/OfficeExpensesGrp/FundraisingAmt011468
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045873
IRS990/OfficeExpensesGrp/ProgramServicesAmt0172026
IRS990/OfficeExpensesGrp/TotalAmt0229367
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09639
IRS990/OtherAssetsTotalGrp/EOYAmt09639
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt016441
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt034252
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt086313
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0137006
IRS990/OtherExpensesGrp/Desc0PRODUCTION
IRS990/OtherExpensesGrp/Desc1ARTIST FEE EXPENSE
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/FundraisingAmt0239
IRS990/OtherExpensesGrp/FundraisingAmt1511
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01003
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1341
IRS990/OtherExpensesGrp/ProgramServicesAmt0299125
IRS990/OtherExpensesGrp/ProgramServicesAmt1277033
IRS990/OtherExpensesGrp/ProgramServicesAmt23535
IRS990/OtherExpensesGrp/ProgramServicesAmt33407
IRS990/OtherExpensesGrp/TotalAmt0299125
IRS990/OtherExpensesGrp/TotalAmt1277033
IRS990/OtherExpensesGrp/TotalAmt24777
IRS990/OtherExpensesGrp/TotalAmt34259
IRS990/OtherLiabilitiesGrp/BOYAmt010323
IRS990/OtherLiabilitiesGrp/EOYAmt014185
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0111388
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0148518
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0482682
IRS990/OtherSalariesAndWagesGrp/TotalAmt0742588
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07173
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014944
IRS990/PayrollTaxesGrp/ProgramServicesAmt037657
IRS990/PayrollTaxesGrp/TotalAmt059774
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01176
IRS990/PrincipalOfficerNm0KENNETH SAVELSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONCERT FEES AND TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0107816
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0107816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137241
IRS990/ProgSrvcAccomActy2Grp/Desc0THROUGH A COMPETITIVE FEDERAL REQUEST FOR PROPOSALS, THE ORGANIZATION WAS AWARDED A GRANT IN SEPTEMBER 2011 TO ADMINISTER AN INTERNATIONAL CULTURAL EXCHANGE PROGRAM CALLED ONEBEAT. THE CONTRACT WAS AWARDED THROUGH THE UNITED STATES DEPARTMENT OF STATE BUREAU OF EDUCATION AND CULTURAL AFFAIRS. THE PROGRAM CALLS FOR THE CREATION OF TWO (2) ITERATIONS OF MONTH LONG RESIDENCY AND TOUR OF THE UNITED STATES FOR MORE THAN A DOZEN WORLD CLASS MUSICIANS FROM NATIONS SUCH AS CHINA, PAKISTAN, CONGO, POLAND, VENEZUELA, HAITI AND OTHERS. THE PROGRAM BEGAN DURING FISCAL YEAR 2012 AND HAS BEEN EXTENDED THROUGH FISCAL YEAR 2024.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0874000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01996848
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01225
IRS990/PYOtherExpensesAmt0869617
IRS990/PYOtherRevenueAmt028
IRS990/PYProgramServiceRevenueAmt0232166
IRS990/PYRevenuesLessExpensesAmt0479419
IRS990/PYSalariesCompEmpBnftPaidAmt0881231
IRS990/PYTotalExpensesAmt01750848
IRS990/PYTotalRevenueAmt02230267
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-19694
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0145057
IRS990/RoyaltiesRevenueGrp/ExclusionAmt06
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt06
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01791098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01996848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01453829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01886771
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01253570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08382116
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01556
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0983
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05873
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01547349
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99930
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt08382116
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01791098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01996848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01453829
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01886771
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01253570
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08382116
IRS990ScheduleA/TotalSupportAmt08387989
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
IRS990ScheduleD/EquipmentGrp/BookValueAmt01921
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044759
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046680
IRS990ScheduleD/ExpensesSubtotalAmt01957405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01937711
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01921
IRS990ScheduleD/TotalExpensesPerForm990Amt01957405
IRS990ScheduleD/TotalLiabilityAmt014185
IRS990ScheduleD/TotalRevenuePerForm990Amt01937711
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01937711
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01957405
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESENTING, COMMISSIONING, PERFORMING, RECORDING AND TEACHING CONTEMPORARY MUSIC. BANG ON A CAN BELIEVES IN EXPOSING EXCITING NEW MUSIC AS BROADLY AND ACCESSIBLY AS POSSIBLE. THROUGH IT'S SUMMER INSTITUTE, BANG ON A CAN HOPES TO BRING THIS ENERGY AND PASSION FOR INNOVATION TO A YOUNGER GENERATION OF COMPOSERS AND PLAYERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS SENT TO ORGANIZATION FOR THE BOARD TO REVIEW BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANG ON A CAN MAINTAINS A RELATIVELY SMALL BOARD WHO ARE INFORMED AT BOARD MEETINGS THAT THEY SHALL DISCLOSE ANY PERSONAL INTEREST WHICH THEY HAVE IN ANY MATTER PENDING BEFORE THE BOARD AND THAT IF THE BOARD WERE TO DETERMINE SUCH TO BE A POTENTIAL CONFLICT OF INTEREST, THEY SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR KEY EMPLOYEES IS ULTIMATELY DETERMINED BY THE BOARD OF DIRECTORS FINANCE COMMITTEE. REVIEW AND APPROVAL IS CARRIED OUT BY THE BOARD FINANCE COMMITTEE. THE EXECUTIVE DIRECTOR RECOMMENDS COMPENSATION FOR KEY EMPLOYEES TO THE BOARD FINANCE COMMITTEE WHO THEN REVIEW THE RECOMMENDATIONS AND APPROVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR KEY EMPLOYEES IS ULTIMATELY DETERMINED BY THE BOARD OF DIRECTORS FINANCE COMMITTEE. REVIEW AND APPROVAL IS CARRIED OUT BY THE BOARD FINANCE COMMITTEE. THE EXECUTIVE DIRECTOR RECOMMENDS COMPENSATION FOR KEY EMPLOYEES TO THE BOARD FINANCE COMMITTEE WHO THEN REVIEW THE RECOMMENDATIONS AND APPROVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL TAX FORMS ARE AVAILABLE UPON REQUEST.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,135,997
Liabilities
$26,034
Net assets
$1,109,963
Revenue
$1,937,711
Expenses
$1,957,405
Net income
-$19,694
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.11$0.08$1.02$3.30$3.34$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.15$1.06$3.57$3.81$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.13$1.30$3.33$3.14$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.03$1.11$1.94$1.96$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.04$1.13$2.23$1.75$0.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.05$0.65$2.13$2.44$0.31
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.17$0.96$2.39$2.20$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.16$0.77$2.13$2.17$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.05$0.80$2.26$2.18$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.09$0.72$1.98$1.96$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.05$0.71$1.73$2.00$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.05$0.97$1.96$2.01$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.03$1.02$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.07$0.88$1.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.05$0.96$1.48