Civic Intelligence

Studio Percussion Inc

990EZ • Fiscal year 2016 • EIN 20-1869117

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

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.

2016 filings • 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.

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

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

80th percentile

$12,000

Higher top officer pay than 80% of similar nonprofits.

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

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

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$13,008

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

Net Assets

Up

$2,188

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

Liabilities

Flat

$10,820

Flat from 2015

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin48th 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

Historical Trend

Balance Sheet Trend

Asset Growth67th 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

2016

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

Operations Trend

Revenue Growth63rd 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

2016

Revenue$72,133
Expenses$70,544
Net Income$1,589
Open 2016 Filing
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 Pay80th 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 500
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GAINESVILLE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012127
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ENCOURAGE, INSPIRE AND MOTIVATE ALL PEOPLE TOWARDS EXCELLENCE IN LIFE AND LEADERSHIP.
IRS990EZ/PrintingPublicationsPostageAmt01097
IRS990EZ/ProgramServiceRevenueAmt063706
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MUSIC 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.
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034700
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt121514
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt213185
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012000
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010820
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt070544
IRS990EZ/TotalProgramServiceExpensesAmt069399
IRS990EZ/TotalRevenueAmt072133
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.STUDIOPERCUSSION.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt016000
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt066177
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt092023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0396425
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96120
IRS990ScheduleA/PublicSupportPY509Pct00.98700
IRS990ScheduleA/PublicSupportTotal509Amt0396425
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt016000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076177
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt098023
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010820
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0DRUM STORE PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt010820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTERNET & COMPUTERS 1,499 MISC. 10,467 SALES TAX 161 TOTAL 12,127
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/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TOBIN WAGSTAFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDIO PERCUSSION INC
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0201869117
ReturnHeader/Filer/USAddress/AddressLine1Txt02512 NE 1ST BLVD SUITE 500
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032609
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010822046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KATTELL & COMPANY PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0808B NW 16TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032601
ReturnHeader/PreparerPersonGrp/PhoneNum03523956565
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN H KATTELL CPA
ReturnHeader/ReturnTs02017-11-14T16:03:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed 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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits