Civic Intelligence

Studio Percussion Inc

EIN 20-1869117 • 501(c)3 • Gainesville, FL

Profile

Encourage, inspire and motivate all people towards excellence in life and leadership.

2512 NE 1st Blvd Suite 500Gainesville, FL 32609

www.studiopercussion.org

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.83x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

51st percentile

2.2%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

86th percentile

$12,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$13,008

Up $1,589 (+14%) from 2015

Liabilities

Flat

$10,820

Flat from 2015

Net Assets

Up

$2,188

Up $1,589 (+265%) from 2015

Operations
Liabilities / Revenue85th percentileNet Margin51st percentile

Revenue

Up

$72,133

Up $6,588 (+10%) from 2015

Expenses

Up

$70,544

Up $3,431 (+5.1%) from 2015

Net Income

Up

$1,589

Up $3,157 (+201%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

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

$20K$15K$10K$5.0K$0Assets 2011: $15,047Liabilities 2011: $10,8202011Assets 2012: $14,067Liabilities 2012: $10,8202012Assets 2013: $16,837Liabilities 2013: $10,8202013Assets 2014: $12,987Liabilities 2014: $10,820Net Assets 2014: $2,1672014Assets 2015: $11,419Liabilities 2015: $10,820Net Assets 2015: $5992015Assets 2016: $13,008Liabilities 2016: $10,820Net Assets 2016: $2,1882016

Highlighted filing

2016

Assets$13,008
Liabilities$10,820
Net Assets$2,188
Open 2016 Filing

Operations Trend

Revenue Growth64th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $95,807Expenses 2011: $118,639Net Income 2011: -$22,8322011Revenue 2012: $78,114Expenses 2012: $79,094Net Income 2012: -$9802012Revenue 2013: $77,334Expenses 2013: $74,563Net Income 2013: $2,7712013Revenue 2014: $62,424Expenses 2014: $66,274Net Income 2014: -$3,8502014Revenue 2015: $65,545Expenses 2015: $67,113Net Income 2015: -$1,5682015Revenue 2016: $72,133Expenses 2016: $70,544Net Income 2016: $1,5892016

Highlighted filing

2016

Revenue$72,133
Expenses$70,544
Net Income$1,589
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,008
Liabilities
$10,820
Net assets
$2,188
Revenue
$72,133
Expenses
$70,544
Net income
$1,589
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.02$0.72$0.71$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.01$0.66$0.67$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.02$0.62$0.66$0.04
2013Summary only. Only limited summary data is available for this year.$0.17$0.11$0.77$0.75$0.03
2012Summary only. Only limited summary data is available for this year.$0.14$0.11$0.78$0.79$0.01
2011Summary only. Only limited summary data is available for this year.$0.15$0.11$0.96$1.19$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$76,177
Mission and Program Overview

Mission

Encourage, inspire and motivate all people towards excellence in life and leadership.

Program Services

DescriptionGrantsExpenses
MUSIC INSTRUCTION - GROUP LESSONS WERE HELD FOR STICKFIGURES, DRUM SET ENSEMBLE, KEYBOARD ENSEMBLE, DRUMLINE, KIDS LOVE DRUMS AND JUNIOR DRUMMERS. PRIVATE LESSONS WERE ALSO CONDUCTED ON A REGULAR BASIS.-$34,700
MUSIC INSTRUCTION FOR SCHOOLS - CLASSES WERE PROVIDED FOR ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN ALACHUA COUNTY AS AFTER-SCHOOL PROGRAMS OR SUMMER CAMPS.-$21,514
PERFORMANCE EVENTS - PERCUSSION GROUPS PERFORMED FOR THE COMMUNITY AND ARTS IN OUR SCHOOLS PROGRAMS. FAMILY DRUM NIGHTS WERE HELD MONTHLY TO ENCOURAGE MUSICAL EDUCATION.-$13,185
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOBIN WAGSTAFFGeneral ManaFT$12,000-$12,000
SIMON AMIRPresident-$0--
MATT WEISMANDirector-$0--
CHRIS DUNHAMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Studio Percussion Inc
EIN
20-1869117
Address
2512 NE 1ST BLVD SUITE 500, GAINESVILLE, FL 32609

Signing Officer

Name
Tobin Wagstaff
Title
General Manager
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Kattell & Company Pl
Address
808B NW 16TH AVE, GAINESVILLE, FL 32601
Preparer
Stephen H Kattell CPA
Phone
3523956565
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses internet & computers 1,499 misc. 10,467 sales tax 161 total 12,127”

Form 990-ez, Part II, Line 26

“Loans from officers 10,820 10,820”

Form 990-ez, Part III

“Encourage, inspire and motivate all people towards excellence in life and leadership.”

Raw XML Appendix172 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENCOURAGE, INSPIRE AND MOTIVATE ALL PEOPLE TOWARDS EXCELLENCE IN LIFE AND LEADERSHIP.
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