Civic Intelligence

John Cage Trust

990 • Fiscal year 2020 • EIN 13-7031717

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

1309 Annandale RoadRed Hook, NY 12571

(917) 293-8009

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

23rd percentile

-9.4%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$135,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 56.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

26th percentile

-1.6%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-6.9%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,409,861

Down $22,370 (-1.6%) from 2019

Net Assets

Down

$1,409,861

Down $22,370 (-1.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$239,003

Down $17,592 (-6.9%) from 2019

Expenses

Down

$261,373

Down $67,871 (-21%) from 2019

Net Income

Up

-$22,370

Up $50,279 (+69%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,628,497Liabilities 2010: $0Net Assets 2010: $1,628,4972010Assets 2011: $1,613,577Liabilities 2011: $0Net Assets 2011: $1,613,5772011Assets 2012: $1,585,369Liabilities 2012: $0Net Assets 2012: $1,585,3692012Assets 2013: $1,743,364Liabilities 2013: $0Net Assets 2013: $1,743,3642013Assets 2014: $1,727,658Liabilities 2014: $0Net Assets 2014: $1,727,6582014Assets 2015: $1,615,713Liabilities 2015: $0Net Assets 2015: $1,615,7132015Assets 2016: $1,592,738Liabilities 2016: $0Net Assets 2016: $1,592,7382016Assets 2017: $1,460,924Liabilities 2017: $0Net Assets 2017: $1,460,9242017Assets 2018: $1,504,880Liabilities 2018: $0Net Assets 2018: $1,504,8802018Assets 2019: $1,432,231Liabilities 2019: $0Net Assets 2019: $1,432,2312019Assets 2020: $1,409,861Liabilities 2020: $0Net Assets 2020: $1,409,8612020Assets 2021: $1,346,313Liabilities 2021: $40,625Net Assets 2021: $1,305,6882021Assets 2022: $1,215,428Liabilities 2022: $0Net Assets 2022: $1,215,4282022Assets 2023: $1,566,216Liabilities 2023: $0Net Assets 2023: $1,566,2162023Assets 2024: $1,502,388Liabilities 2024: $0Net Assets 2024: $1,502,3872024

Highlighted filing

2020

Assets$1,409,861
Liabilities$0
Net Assets$1,409,861

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $319,5532010Expenses 2011: $355,1932011Expenses 2012: $424,1462012Revenue 2013: $481,528Expenses 2013: $323,533Net Income 2013: $157,9952013Revenue 2014: $324,139Expenses 2014: $339,845Net Income 2014: -$15,7062014Revenue 2015: $193,262Expenses 2015: $305,207Net Income 2015: -$111,9452015Revenue 2016: $327,790Expenses 2016: $350,765Net Income 2016: -$22,9752016Revenue 2017: $216,902Expenses 2017: $348,716Net Income 2017: -$131,8142017Revenue 2018: $354,740Expenses 2018: $310,784Net Income 2018: $43,9562018Revenue 2019: $256,595Expenses 2019: $329,244Net Income 2019: -$72,6492019Revenue 2020: $239,003Expenses 2020: $261,373Net Income 2020: -$22,3702020Revenue 2021: $164,874Expenses 2021: $269,044Net Income 2021: -$104,1702021Revenue 2022: $173,594Expenses 2022: $263,854Net Income 2022: -$90,2602022Revenue 2023: $583,790Expenses 2023: $233,002Net Income 2023: $350,7882023Revenue 2024: $130,258Expenses 2024: $194,087Net Income 2024: -$63,8292024

Highlighted filing

2020

Revenue$239,003
Expenses$261,373
Net Income-$22,370
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$541,859
Mission and Program Overview

Mission

Preservation, maintenance, and enhancement of the work of john cage.

Of the work of john cage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$418,419$449,919▲ $31,500
Savings and Temporary Cash Investments$417,035$405,474▼ $11,561
Investments in Publicly Traded Securities$221,518$176,283▼ $45,235
Land, Buildings, and Equipment, Net$9,935$12,861▲ $2,926
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,432,231$1,409,861▼ $22,370
Other Assets Total$365,324$365,324→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,006,731$984,361▼ $22,370
Net Assets With Donor Restrictions$425,500$425,500→ $0
Total Net Assets Fund Balance$1,432,231$1,409,861▼ $22,370
Total Liabilities and Net Assets / Fund Balance$1,432,231$1,409,861▼ $22,370

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,861$103,450-
Other Assets Org$130,921--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Laura KuhnDirector / Trustee$135,000$135,000

Board Members and Trustees

NameTitle
Trevor CarlsonBoard Member
Margarete RoederTrustee
Melissa HarrisTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$31,920
Program Service Revenue
$0
Investment Income
$28,008
Other Revenue
$179,075
All Other Contributions
$31,920
Change in Net Assets
$-22,370

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$225,363
Other Expenses$25,960
Grants and Similar Amounts Paid$10,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$135,000$0$0$135,000
Other Salaries and Wages$60,000--$60,000
Payroll Taxes$16,929--$16,929
Other Employee Benefits$13,434--$13,434
All Other Expenses$12,213--$12,213
Grants to Domestic Orgs$10,050--$10,050
Travel$3,804--$3,804
Fees for Services Accounting$2,702--$2,702
Fees for Service Investment Mgmnt Fees$2,662--$2,662
Depreciation Depletion$1,795--$1,795
Other Expenses$286--$286
Total Functional Expenses$261,373$0$0$261,373
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bard CollegeAnnandaleonhudson, NY-To provide funds for the Percussion scholarship at Bard College.$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
John Cage Trust
EIN
13-7031717
In Care Of
% LAURA KUHN DIRECTOR
Phone
9172938009
Address
1309 ANNANDALE ROAD, RED HOOK, NY 12571

Signing Officer

Name
Laura Kuhn
Title
Director
Phone
9172938009
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Kuhn
Formed
1993
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
2

Preparer

Firm
Davis & Grutman Llp
Address
325 BROADWAY, NEW YORK, NY 10007
Preparer
Bennet H Grutman
Phone
2129532900
Supplemental Narrative

Additional Explanations

Part

# 11 - document is emailed to all members of the governing body. # 12 - the board's policy is to review and update the conflict of interest policy annually. Board members are held to high standards to disclose all conflicts and recuse themselves from discussions and decisions on subjects on which they may be conflicted. #19 - all documents available by request in writing to the organization's executive director.

Part

By an amendment dated July 9, 2012, the Trustees of the John Cage Trust (the "Trust") amended its trust agreement to provide that, in the event that the Cunningham Dance Foundation, Inc. ceases to be a publicly-supported charity described in Sections 509(a)(1) or 509(a)(2) of the Internal Revenue Code, the Trust's beneficiary and supported organization was changed to Bard College. As of December 31, 2020, Bard College continues to act as the Trust's supported organization.

Financial Statement Notes

Schedule D - Part III

#4 - the john cage trust preserves and maintains a body of work created by john cage for exhibition and performance in venues around the world to enhance the understanding of this art and its period.

Raw XML AppendixShowing 400 of 474 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/Form990ScheduleAPartVIGrp/ExplanationTxt0JOHN CAGE TRUST RIDER TO PART IV OF SCHEDULE A OF FORM 990 The John Cage Trust (the "Trust") was formed in 1993 by The Cunningham Dance Foundation, Inc. ("CDF") to serve as the supporting organization for CDF, which is a publicly-supported charity described under Sections 509(a)(1) or Section 509(a)(2) of the Internal Revenue Code. The missions of the Trust and CDF are to preserve, disseminate and enhance the works of John Cage and Merce Cunningham, respectively. These two geniuses of Twentieth Century American music and dance were partners and collaborators for over 50 years, and their legacies are intertwined. Therefore, the activities and services provided by the Trust carry out the purposes of CDF and, but for the Trust's involvement, such activities would be undertaken by CDF on its own behalf.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0141713034
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1510181769
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BARD COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ASCAP
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt012861
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103450
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0116311
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19675
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt250000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3156000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt418675
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5130921
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ARCHIVED FILM RESTORED
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TEXT MANUSCRIPT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INVESTMENT IN ARTWORK
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4EQUIPMENT - NON-DEPRECIABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5BARD CAMPUS - NON-DEPRECIABLE
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0#4 - THE JOHN CAGE TRUST PRESERVES AND MAINTAINS A BODY OF WORK CREATED BY JOHN CAGE FOR EXHIBITION AND PERFORMANCE IN VENUES AROUND THE WORLD TO ENHANCE THE UNDERSTANDING OF THIS ART AND ITS PERIOD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D - PART III
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012861
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0365324
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To provide funds for the Percussion scholarship at Bard College.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BARD COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0141713034
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt030 CAMPUS ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ANNANDALEONHUDSON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd012504
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0# 11 - DOCUMENT IS EMAILED TO ALL MEMBERS OF THE GOVERNING BODY. # 12 - THE BOARD'S POLICY IS TO REVIEW AND UPDATE THE CONFLICT OF INTEREST POLICY ANNUALLY. BOARD MEMBERS ARE HELD TO HIGH STANDARDS TO DISCLOSE ALL CONFLICTS AND RECUSE THEMSELVES FROM DISCUSSIONS AND DECISIONS ON SUBJECTS ON WHICH THEY MAY BE CONFLICTED. #19 - ALL DOCUMENTS AVAILABLE BY REQUEST IN WRITING TO THE ORGANIZATION'S EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1By an amendment dated July 9, 2012, the Trustees of the John Cage Trust (the "Trust") amended its trust agreement to provide that, in the event that the Cunningham Dance Foundation, Inc. ceases to be a publicly-supported charity described in Sections 509(a)(1) or 509(a)(2) of the Internal Revenue Code, the Trust's beneficiary and supported organization was changed to Bard College. As of December 31, 2020, Bard College continues to act as the Trust's supported organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART
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IRS990/StatesWhereCopyOfReturnIsFldCd0NY
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IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
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IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.13$0.19$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.00$1.57$0.58$0.23$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.00$1.22$0.17$0.26$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.04$1.31$0.16$0.27$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.24$0.26$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.00$1.43$0.26$0.33$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.35$0.31$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.00$1.46$0.22$0.35$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.00$1.59$0.33$0.35$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.00$1.62$0.19$0.31$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.32$0.34$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.48$0.32$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.00$1.61$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$0.32