Civic Intelligence

Albany Music Foundation Inc

EIN 14-1831601 • 501(c)3 • Albany, NY

Profile

To promote and disseminate information and increase public awareness of the large body of american art music and american musicians.

915 BroadwayAlbany, NY 12207

na

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-61%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

18th percentile

-59%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

19th percentile

-49%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$4,403

Down $6,365 (-59%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$4,403

Down $6,365 (-59%) from 2018

Operations
Liabilities / Revenue62nd percentileNet Margin13th percentile

Revenue

Down

$10,392

Down $10,058 (-49%) from 2018

Expenses

Down

$16,757

Down $8,643 (-34%) from 2018

Net Income

Down

-$6,365

Down $1,415 (-29%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2011: $8,119Liabilities 2011: $0Net Assets 2011: $8,1192011Assets 2012: $523Liabilities 2012: $0Net Assets 2012: $5232012Assets 2013: $951Liabilities 2013: $0Net Assets 2013: $9512013Assets 2014: $2,239Liabilities 2014: $0Net Assets 2014: $2,2392014Assets 2015: $2,588Liabilities 2015: $0Net Assets 2015: $2,5882015Assets 2016: $2,819Liabilities 2016: $0Net Assets 2016: $2,8192016Assets 2017: $16,036Liabilities 2017: $0Net Assets 2017: $16,0362017Assets 2018: $10,768Liabilities 2018: $0Net Assets 2018: $10,7682018Assets 2019: $4,403Liabilities 2019: $0Net Assets 2019: $4,4032019

Highlighted filing

2019

Assets$4,403
Liabilities$0
Net Assets$4,403
Open 2019 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $33,752Expenses 2011: $45,696Net Income 2011: -$11,9442011Revenue 2012: $21,680Expenses 2012: $29,276Net Income 2012: -$7,5962012Revenue 2013: $30,000Expenses 2013: $29,572Net Income 2013: $4282013Revenue 2014: $105,036Expenses 2014: $103,476Net Income 2014: $1,5602014Revenue 2015: $109,990Expenses 2015: $109,458Net Income 2015: $5322015Revenue 2016: $2,544Expenses 2016: $2,540Net Income 2016: $42016Revenue 2017: $35,798Expenses 2017: $22,480Net Income 2017: $13,3182017Revenue 2018: $20,450Expenses 2018: $25,400Net Income 2018: -$4,9502018Revenue 2019: $10,392Expenses 2019: $16,757Net Income 2019: -$6,3652019

Highlighted filing

2019

Revenue$10,392
Expenses$16,757
Net Income-$6,365
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,403
Liabilities
$0
Net assets
$4,403
Revenue
$10,392
Expenses
$16,757
Net income
-$6,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.10$0.17$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.20$0.25$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.36$0.22$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.03$0.03$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.10$1.09$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.05$1.03$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.30$0.30$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.22$0.29$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.34$0.46$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 21, 2020
Return Version
2019v5.1
Gross Receipts
$11,301
Mission and Program Overview

Mission

To promote and disseminate information and increase public awareness of the large body of american art music and american musicians.

Program Services

DescriptionGrantsExpenses
TO FUND PROJECTS INVOLVING AMERICAN ART, MUSIC AND AMERICAN MUSICIANS$0$10,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN BUSHPresident-$0--
PETER R KERMANIVice-President-$0--
MELISSA KERMANITreasurer-$0--
BECKY STAROBINSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Albany Music Foundation Inc
EIN
14-1831601
Phone
5184368814
Address
915 BROADWAY, ALBANY, NY 12207

Signing Officer

Name
Peter Kermani
Title
Vice President
Phone
5184368814
Signed
2020-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Teal Becker & Chiaramonte Cpas Pc
Address
7 WASHINGTON SQUARE, ALBANY, NY 12205
Preparer
John R Teevan CPA
Phone
5184566663
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: dividend income. Amount: 52.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: professional fees. Amount: 1,207. Description: program expense. Amount: 15,500. Description: dues & subscriptions. Amount: 50. Total to form 990-ez, line 16: 16,757.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: investments. Beg. Of year amount: 1,127. End of year amount: 0.”

Raw XML Appendix162 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/PhoneNum05184368814
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0915 BROADWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALBANY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012207
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09641
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IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SUSAN BUSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER R KERMANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MELISSA KERMANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BECKY STAROBIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01127
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt016757
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AND DISSEMINATE INFORMATION AND INCREASE PUBLIC AWARENESS OF THE LARGE BODY OF AMERICAN ART MUSIC AND AMERICAN MUSICIANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FUND PROJECTS INVOLVING AMERICAN ART, MUSIC AND AMERICAN MUSICIANS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SaleOfAssetsGrossAmt01249
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt010000
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02500
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt078600
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53070
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt078600
IRS990ScheduleA/TotalSupportAmt078834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME. AMOUNT: 52.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 1,207. DESCRIPTION: PROGRAM EXPENSE. AMOUNT: 15,500. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 50. TOTAL TO FORM 990-EZ, LINE 16: 16,757.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 1,127. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER KERMANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05184368814
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBANY MUSIC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ALBA
ReturnHeader/Filer/EIN0141831601
ReturnHeader/Filer/PhoneNum05184368814
ReturnHeader/Filer/USAddress/AddressLine1Txt0915 BROADWAY
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.109.51.149
ReturnHeader/FilingSecurityInformation/IPDt02020-04-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:42:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141624930
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TEAL BECKER & CHIARAMONTE CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 WASHINGTON SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012205
ReturnHeader/PreparerPersonGrp/PhoneNum05184566663
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R TEEVAN CPA
ReturnHeader/ReturnTs02020-05-07T10:45:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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