Civic Intelligence

Albany Music Foundation Inc

990EZ • Fiscal year 2017 • EIN 14-1831601

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

Organization ProfileNA
915 BroadwayAlbany, NY 12207

(518) 436-8814

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

469%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

1307%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$16,036

Up $13,217 (+469%) from 2016

Net Assets

Up

$16,036

Up $13,217 (+469%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin87th percentile

Revenue

Up

$35,798

Up $33,254 (+1307%) from 2016

Expenses

Up

$22,480

Up $19,940 (+785%) from 2016

Net Income

Up

$13,318

Up $13,314 (+332850%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$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

2017

Assets$16,036
Liabilities$0
Net Assets$16,036
Open 2017 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$35,798
Expenses$22,480
Net Income$13,318
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$35,798
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$21,500
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN BUSHPresident-$0--
PETER R KERMANIVice-President-$0--
MELISSA KERMANISecretary-$0--
BECKY STAROBINTreasurer-$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
2018-05-09
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: 48.”

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

“Description: bank fees. Amount: 5. Description: professional fees. Amount: 950. Description: misc expense. Amount: 25. Description: program expense . Amount: 21,500. Total to form 990-ez, line 16: 22,480.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: market value adjustment. Amount: -101.”

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

“Description: investments. Beg. Of year amount: 1,448. End of year amount: 1,395.”

Raw XML Appendix159 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PETER KERMANI
IRS990EZ/BooksInCareOfDetail/PhoneNum05184368814
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0915 BROADWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALBANY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012207
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01371
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014641
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/GrossReceiptsAmt035798
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt016036
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016036
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01448
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01395
IRS990EZ/OtherChangesInNetAssetsAmt0-101
IRS990EZ/OtherExpensesTotalAmt022480
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
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021500
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt022480
IRS990EZ/TotalProgramServiceExpensesAmt021500
IRS990EZ/TotalRevenueAmt035798
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt083200
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0168
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64310
IRS990ScheduleA/PublicSupportPY170Pct00.52360
IRS990ScheduleA/PublicSupportTotal170Amt053618
IRS990ScheduleA/SubstantialContributorsTotAmt029582
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02500
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt083200
IRS990ScheduleA/TotalSupportAmt083368
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME. AMOUNT: 48.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 5. DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 950. DESCRIPTION: MISC EXPENSE. AMOUNT: 25. DESCRIPTION: PROGRAM EXPENSE . AMOUNT: 21,500. TOTAL TO FORM 990-EZ, LINE 16: 22,480.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MARKET VALUE ADJUSTMENT. AMOUNT: -101.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 1,448. END OF YEAR AMOUNT: 1,395.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER KERMANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05184368814
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBANY MUSIC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ALBA
ReturnHeader/Filer/EIN0141831601
ReturnHeader/Filer/PhoneNum05184368814
ReturnHeader/Filer/USAddress/AddressLine1Txt0915 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012207
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00A9BB8E4FDCB6FC0F92FF1B776886DB33F34019A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B6526CF332552B18D09205BC0E7D201FDFCA5F07
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.109.51.149
ReturnHeader/FilingSecurityInformation/IPDt02018-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:58:29
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/PreparationDt02018-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R TEEVAN CPA
ReturnHeader/ReturnTs02018-05-14T11:12:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$16,036
Liabilities
$0
Net assets
$16,036
Revenue
$35,798
Expenses
$22,480
Net income
$13,318
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