Civic Intelligence

Studio Percussion Inc

990EZ • Fiscal year 2014 • EIN 20-1869117

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 22, 2015

Organization ProfileWWW.STUDIOPERCUSSION.ORG
2512 NE 1st Blvd Suite 500Gainesville, FL 32609

(352) 338-8302

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.83x

Higher debt load relative to assets than 93% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.17x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

28th percentile

-6.2%

Higher net margin than 28% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

18th percentile

-23%

Faster asset growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

23rd percentile

-19%

Faster revenue growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$12,987

Down $3,850 (-23%) from 2013

Net Assets

$2,167

No earlier filing loaded for comparison.

Liabilities

Flat

$10,820

Flat from 2013

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin28th percentile

Revenue

Down

$62,424

Down $14,910 (-19%) from 2013

Expenses

Down

$66,274

Down $8,289 (-11%) from 2013

Net Income

Down

-$3,850

Down $6,621 (-239%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$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

2014

Assets$12,987
Liabilities$10,820
Net Assets$2,167
Open 2014 Filing

Operations Trend

Revenue Growth23rd percentile

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

2014

Revenue$62,424
Expenses$66,274
Net Income-$3,850
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 22, 2015
Return Version
2014v5.0
Gross Receipts
$70,538
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.-$32,474
MUSIC INSTRUCTION FOR SCHOOLS - CLASSES WERE PROVIDED FOR ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN ALACHUA COUNTY AS AFTER-SCHOOL PROGRAMS OR SUMMER CAMPS.-$20,134
PERFORMANCE EVENTS - PERCUSSION GROUPS PERFORMED FOR THE COMMUNITY AND ARTS IN OUR SCHOOLS PROGRAMS. FAMILY DRUM NIGHTS WERE HELD MONTHLY TO ENCOURAGE MUSICAL EDUCATION.-$12,340
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOBIN WAGSTAFFGeneral ManaFT$0--
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
2015-10-22
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 office supplies/equipment 3,126 internet & computers 1,592 total 4,718”

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 Appendix161 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0GENERAL MANA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04718
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramServiceRevenueAmt045606
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MUSIC INSTRUCTION FOR SCHOOLS - CLASSES WERE PROVIDED FOR ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN ALACHUA COUNTY AS AFTER-SCHOOL PROGRAMS OR SUMMER CAMPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PERFORMANCE EVENTS - PERCUSSION GROUPS PERFORMED FOR THE COMMUNITY AND ARTS IN OUR SCHOOLS PROGRAMS. FAMILY DRUM NIGHTS WERE HELD MONTHLY TO ENCOURAGE MUSICAL EDUCATION.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt120134
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt212340
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalExpensesAmt066274
IRS990EZ/TotalProgramServiceExpensesAmt064948
IRS990EZ/TotalRevenueAmt062424
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt016000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012585
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt028585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt070538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt085350
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0DRUM STORE PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020370
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES/EQUIPMENT 3,126 INTERNET & COMPUTERS 1,592 TOTAL 4,718
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOANS FROM OFFICERS 10,820 10,820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENCOURAGE, INSPIRE AND MOTIVATE ALL PEOPLE TOWARDS EXCELLENCE IN LIFE AND LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDIO PERCUSSION INC
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0201869117
ReturnHeader/Filer/USAddress/AddressLine1Txt02512 NE 1ST BLVD SUITE 500
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032609
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010822046
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0808B NW 16TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032601
ReturnHeader/PreparerPersonGrp/PhoneNum03523956565
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN H KATTELL CPA
ReturnHeader/ReturnTs02015-10-26T15:31:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,987
Liabilities
$10,820
Net assets
$2,167
Revenue
$62,424
Expenses
$66,274
Net income
-$3,850
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