Civic Intelligence

Salon De Virtuosi Inc.

990 • Fiscal year 2016 • EIN 13-3542161

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

PO Box 816New York, NY 10163

(914) 589-6880

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.00x

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

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$20,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Asset Growth

36th percentile

-5.2%

Faster asset growth than 36% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$309,707

Down $17,127 (-5.2%) from 2015

Net Assets

Down

$309,707

Down $17,127 (-5.2%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$101,760

Up $16,860 (+20%) from 2015

Expenses

Up

$118,887

Up $8,101 (+7.3%) from 2015

Net Income

Up

-$17,127

Up $8,759 (+34%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $369,229Liabilities 2010: $0Net Assets 2010: $369,2292010Assets 2011: $372,731Liabilities 2011: $0Net Assets 2011: $372,7312011Assets 2012: $376,484Liabilities 2012: $0Net Assets 2012: $376,4842012Assets 2013: $341,708Liabilities 2013: $0Net Assets 2013: $341,7082013Assets 2014: $352,720Liabilities 2014: $0Net Assets 2014: $352,7202014Assets 2015: $326,834Liabilities 2015: $0Net Assets 2015: $326,8342015Assets 2016: $309,707Liabilities 2016: $0Net Assets 2016: $309,7072016Assets 2017: $348,937Liabilities 2017: $0Net Assets 2017: $348,9372017Assets 2018: $363,511Liabilities 2018: $0Net Assets 2018: $363,5112018Assets 2019: $366,301Liabilities 2019: $0Net Assets 2019: $366,3012019Assets 2020: $572,518Liabilities 2020: $135,000Net Assets 2020: $437,5182020Assets 2021: $529,418Liabilities 2021: $0Net Assets 2021: $529,4182021Assets 2022: $488,851Liabilities 2022: $0Net Assets 2022: $488,8512022Assets 2023: $452,050Liabilities 2023: $0Net Assets 2023: $452,0502023Assets 2024: $482,682Liabilities 2024: $0Net Assets 2024: $482,6822024

Highlighted filing

2016

Assets$309,707
Liabilities$0
Net Assets$309,707

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $96,5142010Expenses 2011: $123,8212011Expenses 2012: $119,8172012Revenue 2013: $87,822Expenses 2013: $122,598Net Income 2013: -$34,7762013Revenue 2014: $127,169Expenses 2014: $116,157Net Income 2014: $11,0122014Revenue 2015: $84,900Expenses 2015: $110,786Net Income 2015: -$25,8862015Revenue 2016: $101,760Expenses 2016: $118,887Net Income 2016: -$17,1272016Revenue 2017: $142,086Expenses 2017: $88,024Net Income 2017: $54,0622017Revenue 2018: $141,286Expenses 2018: $126,712Net Income 2018: $14,5742018Revenue 2019: $123,855Expenses 2019: $121,065Net Income 2019: $2,7902019Revenue 2020: $243,375Expenses 2020: $172,158Net Income 2020: $71,2172020Revenue 2021: $249,984Expenses 2021: $158,084Net Income 2021: $91,9002021Revenue 2022: $141,695Expenses 2022: $182,262Net Income 2022: -$40,5672022Revenue 2023: $125,371Expenses 2023: $162,172Net Income 2023: -$36,8012023Revenue 2024: $159,578Expenses 2024: $128,946Net Income 2024: $30,6322024

Highlighted filing

2016

Revenue$101,760
Expenses$118,887
Net Income-$17,127
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$101,760
Mission and Program Overview

Mission

To promote development of young musicians. The organization holds numerous recitals which showcased young musicians from diverse backgrounds

To promote development of young musicians

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$326,834$309,707▼ $17,127
Total Assets$326,834$309,707▼ $17,127
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$274,334$257,207▼ $17,127
Permanently Rstr Net Assets$52,500$52,500→ $0
Total Net Assets Fund Balance$326,834$309,707▼ $17,127
Total Liabilities and Net Assets / Fund Balance$326,834$309,707▼ $17,127
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charlotte WhiteFounder/coordinatorPT$20,000$20,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$101,760
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$55,000
Change in Net Assets
$-17,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,887
Grants and Similar Amounts Paid$20,000
Salaries, Compensation, and Employee Benefits$20,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$20,000-$20,000
Grants to Domestic Individuals$20,000--$20,000
Fees for Services Management-$15,000-$15,000
Fees for Services Accounting-$5,000-$5,000
Information Technology-$2,302-$2,302
Other Expenses$8,375$2,276-$2,276
Occupancy-$2,251-$2,251
Office Expenses-$1,264-$1,264
All Other Expenses$188$1,038-$1,226
Conferences and Meetings-$1,180-$1,180
Total Functional Expenses$66,253$52,634$0$118,887
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, Part VI, Section B, Line 11B

Tax return sent to organization and is reviewed by two directors

Form 990, Part VI, Section C, Line 19

There is a contact e mail and telephone number on the web-site and are forwarded upon request.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Charlotte white - c/o erika white 10 windsor ln, scarsdale, ny 10583. Ralph wharton - 1070 park avenue, new york, ny 10128. Monique warshaw - 1150 park avenue, new york, ny 10128. Barbara brooks - 799 park ave, new york, ny 10021. Gail daitch - 200 east 57th street, new york, ny 10022. Goldie blankstein - 860 un plaza, new york, ny 10017. Helen roosevelt - 235 east 61st street, new york, ny 10065. Mara kashper - 215 west 90th street, new york, ny 10024. Erika d. White - 10 windsor lane, scarsdale, ny 10583. Hiroko onoyama - 11 cherry lane, upper saddle river, nj 07458.

Filing and Contact Details

Filer

Filer Name
Salon De Virtuosi Inc
EIN
13-3542161
Phone
9145896880
Address
PO BOX 816, NEW YORK, NY 10163

Signing Officer

Name
Erika White
Title
Director
Phone
9145896880
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erika White
Formed
1989
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Levitch & Kriegsman Llp
Address
255 EXECUTIVE DRIVE STE 102, PLAINVIEW, NY 11803
Preparer
Harold Kriegsman
Phone
5163490088
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS A CONTACT E MAIL AND TELEPHONE NUMBER ON THE WEB-SITE AND ARE FORWARDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHARLOTTE WHITE - C/O ERIKA WHITE 10 WINDSOR LN, SCARSDALE, NY 10583. RALPH WHARTON - 1070 PARK AVENUE, NEW YORK, NY 10128. MONIQUE WARSHAW - 1150 PARK AVENUE, NEW YORK, NY 10128. BARBARA BROOKS - 799 PARK AVE, NEW YORK, NY 10021. GAIL DAITCH - 200 EAST 57TH STREET, NEW YORK, NY 10022. GOLDIE BLANKSTEIN - 860 UN PLAZA, NEW YORK, NY 10017. HELEN ROOSEVELT - 235 EAST 61ST STREET, NEW YORK, NY 10065. MARA KASHPER - 215 WEST 90TH STREET, NEW YORK, NY 10024. ERIKA D. WHITE - 10 WINDSOR LANE, SCARSDALE, NY 10583. HIROKO ONOYAMA - 11 CHERRY LANE, UPPER SADDLE RIVER, NJ 07458.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0326834
IRS990/TotalAssetsEOYAmt0309707
IRS990/TotalAssetsGrp/BOYAmt0326834
IRS990/TotalAssetsGrp/EOYAmt0309707
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0101760
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052634
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt066253
IRS990/TotalFunctionalExpensesGrp/TotalAmt0118887
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt020000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0309707
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0274334
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0257207
IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010017
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.SDEV.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIKA WHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09145896880
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALON DE VIRTUOSI INC
ReturnHeader/Filer/BusinessNameControlTxt0SALO
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ReturnHeader/Filer/PhoneNum09145896880
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId050DB0FA8A227EBFCB8A692C4FEA9F3A2715BE28C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.124.86.217
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:35:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113491052
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEVITCH & KRIEGSMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 EXECUTIVE DRIVE STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLAINVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011803
ReturnHeader/PreparerPersonGrp/PhoneNum05163490088
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HAROLD KRIEGSMAN
ReturnHeader/ReturnTs02017-11-15T12:36:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$0.00$4.83$1.60$1.29$0.31
2023Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$1.25$1.62$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.00$4.89$1.42$1.82$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.00$5.29$2.50$1.58$0.92
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$1.35$4.38$2.43$1.72$0.71
2019Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$1.24$1.21$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$1.41$1.27$0.15
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.49$0.00$3.49$1.42$0.88$0.54
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$1.02$1.19$0.17
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.27$0.00$3.27$0.85$1.11$0.26
2014Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$1.27$1.16$0.11
2013Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.88$1.23$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.00$3.76$1.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.00$3.73$1.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.00$3.69$0.97