Civic Intelligence

Drum Major Institute Inc.

990 • Fiscal year 2017 • EIN 13-4080421

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

Organization ProfileWWW.DRUMMAJORINST.ORG
C/O Wachtel Missry Llp 885 2nd AvNew York, NY 10017-2201

(212) 909-9600

Siviq Scores

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

Liabilities / Assets

97th percentile

1.80x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • NTEE W • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

1.08x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • NTEE W • <$500k nonprofits • Source year 2017

Net Margin

10th percentile

-52%

Higher net margin than 10% of similar nonprofits.

2017 filings • NTEE W • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$50,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 24.9% of source-year revenue.

2017 filings • NTEE W • <$500k nonprofits • Source year 2017

Asset Growth

7th percentile

-48%

Faster asset growth than 7% of similar nonprofits.

2017 filings • NTEE W • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-70%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • NTEE W • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets97th percentile

Assets

Flat

$121,360

Flat from 2017

Net Assets

Flat

-$96,551

Flat from 2017

Liabilities

Flat

$217,911

Flat from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin10th percentile

Revenue

Flat

$201,040

Flat from 2017

Expenses

Flat

$304,669

Flat from 2017

Net Income

Flat

-$103,629

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$600K$400K$200K$0-$200K-$400KAssets 2010: $507,110Liabilities 2010: $363,667Net Assets 2010: $143,4432010Assets 2011: $55,666Liabilities 2011: $314,034Net Assets 2011: -$258,3682011Assets 2012: $14,149Liabilities 2012: $286,688Net Assets 2012: -$272,5392012Assets 2013: $5,784Liabilities 2013: $201,255Net Assets 2013: -$195,4712013Assets 2014: $13,988Liabilities 2014: $186,545Net Assets 2014: -$172,5572014Assets 2015: $14,539Liabilities 2015: $211,383Net Assets 2015: -$196,8442015Assets 2016: $232,895Liabilities 2016: $225,817Net Assets 2016: $7,0782016Assets 2017: $121,360Liabilities 2017: $217,911Net Assets 2017: -$96,5512017Assets 2017: $121,360Liabilities 2017: $217,911Net Assets 2017: -$96,5512017Assets 2018: $53,294Liabilities 2018: $4,799Net Assets 2018: $48,4952018Assets 2019: $34,443Liabilities 2019: $654Net Assets 2019: $33,7892019Assets 2020: $166,492Liabilities 2020: $56,725Net Assets 2020: $109,7672020Assets 2021: $143,782Liabilities 2021: $14,589Net Assets 2021: $129,1932021Assets 2022: $190,793Liabilities 2022: $72,297Net Assets 2022: $118,4962022Assets 2024: $268,585Liabilities 2024: $38,430Net Assets 2024: $230,1552024

Highlighted filing

2017

Assets$121,360
Liabilities$217,911
Net Assets-$96,551
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,259,146Expenses 2010: $1,272,184Net Income 2010: -$13,0382010Revenue 2011: $382,074Expenses 2011: $783,883Net Income 2011: -$401,8092011Revenue 2012: $205,044Expenses 2012: $219,215Net Income 2012: -$14,1712012Revenue 2013: $166,025Expenses 2013: $88,957Net Income 2013: $77,0682013Revenue 2014: $45,968Expenses 2014: $23,054Net Income 2014: $22,9142014Revenue 2015: $643,897Expenses 2015: $639,564Net Income 2015: $4,3332015Revenue 2016: $662,173Expenses 2016: $458,251Net Income 2016: $203,9222016Revenue 2017: $201,040Expenses 2017: $304,669Net Income 2017: -$103,6292017Revenue 2017: $201,040Expenses 2017: $304,669Net Income 2017: -$103,6292017Revenue 2018: $434,336Expenses 2018: $289,290Net Income 2018: $145,0462018Revenue 2019: $109,187Expenses 2019: $123,095Net Income 2019: -$13,9082019Revenue 2020: $316,973Expenses 2020: $240,946Net Income 2020: $76,0272020Revenue 2021: $325,500Expenses 2021: $306,074Net Income 2021: $19,4262021Revenue 2022: $343,800Expenses 2022: $354,497Net Income 2022: -$10,6972022Revenue 2024: $806,260Expenses 2024: $1,265,544Net Income 2024: -$459,2842024

Highlighted filing

2017

Revenue$201,040
Expenses$304,669
Net Income-$103,629
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$201,040
Mission and Program Overview

Mission

To focus on working to eradicate poverty, racism and militarism/violence, through advocacy, empowerment and education. To work together to create a vibrant, community-based society focused on social justice, peace, enriching lives and working to further realize the dream.

To operate as a nonpartisan think tank that partners with advocates, organizers, elected officials, and other leaders to improve policymaking in cities and for cities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$201,255$201,255→ $0
Receivables From Officers Etc-$115,000-
Cash and Non-Interest-Bearing Accounts$232,027$5,792▼ $226,235
Land, Buildings, and Equipment, Net$868$568▼ $300
Total Assets$232,895$121,360▼ $111,535
Liabilities
Other Liabilities$24,562$16,656▼ $7,906
Total Liabilities$225,817$217,911▼ $7,906
Net Assets / Fund Balance
Unrestricted Net Assets$7,078$-96,551▼ $103,629
Total Net Assets Fund Balance$7,078$-96,551▼ $103,629
Total Liabilities and Net Assets / Fund Balance$232,895$121,360▼ $111,535

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$568$21,896$22,464
Other Land Buildings$0$15,619$15,619
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Johnny J MackPresidentFT$50,000$50,000
James a ForbesExecutive DirectorPT$37,500$37,500

Board Members and Trustees

NameTitle
Martin Luther King IiiVice Chair
Chang ParkBoard Member
William B WachtelFounder
Revenue and Support

Revenue Composition

Contributions and Grants
$191,040
Program Service Revenue
$10,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$191,040
Change in Net Assets
$-103,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$195,543
Salaries, Compensation, and Employee Benefits$109,126
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$87,631$2,665-$90,296
Current Officers, Directors, Trustees, and Key Employees$87,500--$87,500
Fees for Services Accounting-$14,000-$14,000
Other Salaries and Wages-$12,000-$12,000
Payroll Taxes$7,062$968-$8,030
Information Technology-$3,528-$3,528
Other Expenses$1,931$3,415-$1,931
Other Employee Benefits$880$716-$1,596
Office Expenses-$856-$856
Fees for Services Other-$782-$782
Depreciation Depletion-$300-$300
Insurance-$76-$76
Total Functional Expenses$255,007$49,662$0$304,669
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$201,255$201,255→ $0
Receivables from Officers, Directors, Trustees, and Key Employees-$115,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Payables$10,000
Wages & Payroll Taxes Payable$4,257
Credit Card$2,399
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Part VI, Section B, Line 11B

“All potential conflict of interest situations are discussed at board of directors meetings. The board of directors delegates the authority to review and approve the prepared 990 to the executive director and director of operations. Once approved, the return is submitted to the irs and a copy of the return is provided to each voting board member upon request.”

Form 990, Part VI, Section B, Line 12C

“Per the written policy, the issue is brought up annually at a meeting of the board of directors, the results of which are noted in the minutes to the meeting. Also, each board member and officer annually signs a statement affirming that such person: 1- has received a copy of the conflicts of interest policy 2- has read and understands the policy 3- has agreed to comply with the policy, and 4- understands the corporation is charitable and in order to maintain its federal tax exemption must engage primarily in activities that accomplish one or more of its tax-exempt purposes”

Form 990, Part VI, Section B, Line 15

“The board of directors must approve all compensation paid to the officers and key employees and bases it's decisions on comparative and market salary information.”

Form 990, Part VI, Section C, Line 18

“Anyone can request a copy of form 990 & other governing documents are available upon request by contacting the organization by telephone or in writing at 1690 east strasburg road, west chester, pa 19380”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Drum Major Institute
EIN
13-4080421
Phone
2129099600
Address
C/O WACHTEL MISSRY LLP 885 2ND AV, NEW YORK, NY 10017-2201

Signing Officer

Name
William B Wachtel
Title
Founder
Phone
2129099600
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William B Wachtel
Formed
1999
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Nussbaum Yates Berg Klein & Wolpow Llp
Address
445 BROADHOLLOW RD STE 319, MELVILLE, NY 11747
Preparer
Dennis R Klein CPA
Phone
6318455252
Raw XML AppendixShowing 400 of 421 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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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION RECEIVED THE LARGEST CONTRIBUTIONS FROM WILLIAM WACHTEL AND HIS SINGLE MEMBER LIMITED LIABILITY COMPANY, DREAM OUTDOOR LLC. WILLIAM WACHTEL FOUNDED THE ORGANIZATION AND PREVIOUSLY HAS CONTRIBUTED SUBSTANTIAL PARTS OF THE ORGANIZATION'S SUPPORT EACH YEAR. THE REMAINING CONTRIBUTIONS ARE IN EXCESS OF 10% AFTER EXCLUDING THE CONTRIBUTIONS FROM THE ORGANIZATION'S FOUNDER. THE ORGANIZATION ALSO HAS A GOVERNING BODY WHICH IS COMPRISED OF COMMUNITY AND CIVIC LEADERS WHO REPRESENT BROAD VIEWS AND INTEREST OF THE COMMUNITY.
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt020000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.13550
IRS990ScheduleA/PublicSupportPY170Pct00.16570
IRS990ScheduleA/PublicSupportTotal170Amt0232908
IRS990ScheduleA/SubstantialContributorsTotAmt01466194
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0191040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0662173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0633897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045968
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0166024
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01699102
IRS990ScheduleA/TotalSupportAmt01719102
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0568
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022464
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015619
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24257
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2WAGES & PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0568
IRS990ScheduleD/TotalLiabilityAmt016656
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0201255
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FINANCIAL SUPPORT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1FINANCIAL SUPPORT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0201255
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WILLIAM B WACHTEL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MARTIN LUTHER KING III
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FOUNDER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1VICE CHAIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE LOAN TO DRUM MAJOR INSTITUTE INC FOR $201,255 IS FROM EUROAMERICAN FUNDING GROUP LLC (EIN: 45-4353313), A SINGLE MEMBER LLC UNDER WILLIAM B. WACHTEL.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II
IRS990ScheduleL/TotalBalanceDueAmt0316255
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL POTENTIAL CONFLICT OF INTEREST SITUATIONS ARE DISCUSSED AT BOARD OF DIRECTORS MEETINGS. THE BOARD OF DIRECTORS DELEGATES THE AUTHORITY TO REVIEW AND APPROVE THE PREPARED 990 TO THE EXECUTIVE DIRECTOR AND DIRECTOR OF OPERATIONS. ONCE APPROVED, THE RETURN IS SUBMITTED TO THE IRS AND A COPY OF THE RETURN IS PROVIDED TO EACH VOTING BOARD MEMBER UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER THE WRITTEN POLICY, THE ISSUE IS BROUGHT UP ANNUALLY AT A MEETING OF THE BOARD OF DIRECTORS, THE RESULTS OF WHICH ARE NOTED IN THE MINUTES TO THE MEETING. ALSO, EACH BOARD MEMBER AND OFFICER ANNUALLY SIGNS A STATEMENT AFFIRMING THAT SUCH PERSON: 1- HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY 2- HAS READ AND UNDERSTANDS THE POLICY 3- HAS AGREED TO COMPLY WITH THE POLICY, AND 4- UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MUST APPROVE ALL COMPENSATION PAID TO THE OFFICERS AND KEY EMPLOYEES AND BASES IT'S DECISIONS ON COMPARATIVE AND MARKET SALARY INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANYONE CAN REQUEST A COPY OF FORM 990 & OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING THE ORGANIZATION BY TELEPHONE OR IN WRITING AT 1690 EAST STRASBURG ROAD, WEST CHESTER, PA 19380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0DREAM OUTDOOR LLC AND EUROAMERICAN FUNDING GROUP LLC ARE SINGLE MEMBER LIMITED LIABILITY COMPANIES OWNED BY WILLIAM B. WACHTEL, FOUNDER AND OFFICER OF DRUM MAJOR INSTITUTE INC.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R, PART V
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0157100
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1201255
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2115000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV - CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV - CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV - CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DREAM OUTDOOR LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1EUROAMERICAN FUNDING GROUP LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2MARTIN LUTHER KING III
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0232895
IRS990/TotalAssetsEOYAmt0121360
IRS990/TotalAssetsGrp/BOYAmt0232895
IRS990/TotalAssetsGrp/EOYAmt0121360
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0191040
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049662
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0255007
IRS990/TotalFunctionalExpensesGrp/TotalAmt0304669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0225817
IRS990/TotalLiabilitiesEOYAmt0217911
IRS990/TotalLiabilitiesGrp/BOYAmt0225817
IRS990/TotalLiabilitiesGrp/EOYAmt0217911
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07078
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-96551
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0255007
IRS990/TotalProgramServiceRevenueAmt010000
IRS990/TotalReportableCompFromOrgAmt087500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0201040
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0232895
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0121360
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02665
IRS990/TravelGrp/ProgramServicesAmt087631
IRS990/TravelGrp/TotalAmt090296
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07078
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-96551
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O WACHTEL MISSRY LLP 885 2ND AV
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0100172201
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.DRUMMAJORINST.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM B WACHTEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum02129099600
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRUM MAJOR INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0DRUM
ReturnHeader/Filer/EIN0134080421
ReturnHeader/Filer/PhoneNum02129099600
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O WACHTEL MISSRY LLP 885 2ND AV
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0100172201

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$121,360
Liabilities
$217,911
Net assets
-$96,551
Revenue
$201,040
Expenses
$304,669
Net income
-$103,629
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.04$0.23$0.81$1.27$0.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.07$0.12$0.34$0.35$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.01$0.13$0.33$0.31$0.02
2020Summary only. Only limited summary data is available for this year.$0.17$0.06$0.11$0.32$0.24$0.08
2019Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.11$0.12$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.43$0.29$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.22$0.10$0.20$0.30$0.10
2017Summary only. Only limited summary data is available for this year.$0.12$0.22$0.10$0.20$0.30$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.23$0.01$0.66$0.46$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.21$0.20$0.64$0.64$0.00
2014Summary only. Only limited summary data is available for this year.$0.01$0.19$0.17$0.05$0.02$0.02
2013Summary only. Only limited summary data is available for this year.$0.01$0.20$0.20$0.17$0.09$0.08
2012Summary only. Only limited summary data is available for this year.$0.01$0.29$0.27$0.21$0.22$0.01
2011Summary only. Only limited summary data is available for this year.$0.06$0.31$0.26$0.38$0.78$0.40
2010Summary only. Only limited summary data is available for this year.$0.51$0.36$0.14$1.26$1.27$0.01