Civic Intelligence

Monadnock Music

990 • Fiscal year 2022 • EIN 23-7021734

Oct 01, 2021 to Sep 30, 2022 • Filed on Feb 21, 2024

PO Box 3022Peterborough, NH 03458

(603) 852-4345

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

64th percentile

14%

Higher net margin than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-28%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$167,524

Up $32,392 (+24%) from 2021

Net Assets

Up

$167,360

Up $32,300 (+24%) from 2021

Liabilities

Up

$164

Up $92 (+128%) from 2021

Revenue

Down

$225,328

Down $89,758 (-28%) from 2021

Expenses

Down

$193,028

Down $13,498 (-6.5%) from 2021

Net Income

Down

$32,300

Down $76,260 (-70%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $167,341Liabilities 2010: $4,491Net Assets 2010: $162,8502010Assets 2011: $145,300Liabilities 2011: $62,550Net Assets 2011: $82,7502011Assets 2013: $80,627Liabilities 2013: $96,174Net Assets 2013: -$15,5472013Assets 2015: $91,693Liabilities 2015: $5,070Net Assets 2015: $86,6232015Assets 2016: $96,806Liabilities 2016: $64,797Net Assets 2016: $32,0092016Assets 2017: $59,122Liabilities 2017: $98,602Net Assets 2017: -$39,4802017Assets 2018: $56,030Liabilities 2018: $110,453Net Assets 2018: -$54,4232018Assets 2019: $75,304Liabilities 2019: $73,368Net Assets 2019: $1,9362019Assets 2020: $60,651Liabilities 2020: $34,151Net Assets 2020: $26,5002020Assets 2021: $135,132Liabilities 2021: $72Net Assets 2021: $135,0602021Assets 2022: $167,524Liabilities 2022: $164Net Assets 2022: $167,3602022Assets 2023: $1,377,444Liabilities 2023: $1,452Net Assets 2023: $1,375,9922023Assets 2024: $1,503,178Liabilities 2024: $14,104Net Assets 2024: $1,489,0742024

Highlighted filing

2022

Assets$167,524
Liabilities$164
Net Assets$167,360

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $365,7872010Expenses 2011: $385,7272011Expenses 2013: $579,3412013Revenue 2015: $297,478Expenses 2015: $326,552Net Income 2015: -$29,0742015Revenue 2016: $228,283Expenses 2016: $282,897Net Income 2016: -$54,6142016Revenue 2017: $230,366Expenses 2017: $301,855Net Income 2017: -$71,4892017Revenue 2018: $244,660Expenses 2018: $259,603Net Income 2018: -$14,9432018Revenue 2019: $245,533Expenses 2019: $189,174Net Income 2019: $56,3592019Revenue 2020: $165,278Expenses 2020: $140,714Net Income 2020: $24,5642020Revenue 2021: $315,086Expenses 2021: $206,526Net Income 2021: $108,5602021Revenue 2022: $225,328Expenses 2022: $193,028Net Income 2022: $32,3002022Revenue 2023: $192,450Expenses 2023: $233,433Net Income 2023: -$40,9832023Revenue 2024: $189,160Expenses 2024: $226,464Net Income 2024: -$37,3042024

Highlighted filing

2022

Revenue$225,328
Expenses$193,028
Net Income$32,300
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Feb 21, 2024
Return Version
2021v4.1
Gross Receipts
$225,328
Mission and Program Overview

Mission

Monadnock music makes exceptional music accessible to all in intimate and informal settings in the towns and villages of the monadnock region and beyond. Through a commitment to varied and imaginative performances and teaching, monadnock music keeps a sense of musical daring and discovery alive.

Monadnock music makes exceptional music accessible to all in intimate and informal settings in the town and villages of the monadnock region and beyond. Through a commitment to varied and imaginative performances and teaching, monadnock keeps a sense of musical daring and discovery alive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,841$75,227▲ $32,386
Savings and Temporary Cash Investments$40,070$40,226▲ $156
Land, Buildings, and Equipment, Net$441$291▼ $150
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$135,132$167,524▲ $32,392
Other Assets Total$51,780$51,780→ $0
Liabilities
Accounts Payable and Accrued Expenses$72$164▲ $92
Total Liabilities$72$164▲ $92
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,060$167,360▲ $32,300
Total Net Assets Fund Balance$135,060$167,360▲ $32,300
Total Liabilities and Net Assets / Fund Balance$135,132$167,524▲ $32,392

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$291$2,876$3,167
Other Assets Org$51,780--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul VeneziaBoard Chair
Christine ParylDirector
David SturmDirector
Liz NewcombeDirector
Lundy LewisDirector
MICHAEL G DELL'ORTODirector
Tommy BarthDirector
Tonya MarshallDirector
Amanda PirnerSecretary
Andre JaegerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$132,045
Program Service Revenue
$39,026
Investment Income
$54,257
Other Revenue
$0
All Other Contributions
$81,487
Change in Net Assets
$32,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,391
Salaries, Compensation, and Employee Benefits$79,637
Total Fundraising Expense$19,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,754$6,578$16,444$65,776
Advertising$15,130--$15,130
Payroll Taxes$6,046$930$2,325$9,301
Other Employee Benefits$2,314$356$890$3,560
Insurance-$3,319-$3,319
Office Expenses-$2,189-$2,189
Other Expenses$41,126$2,021-$2,021
All Other Expenses-$1,905-$1,905
Occupancy-$1,405-$1,405
Pension Plan Contributions$650$100$250$1,000
Depreciation Depletion-$150-$150
Fees for Services Accounting-$75-$75
Travel-$33-$33
Total Functional Expenses$151,560$21,559$19,909$193,028
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of form 990 is provided to the president of the board of trustees prior to its electronic filing. The board reviews the return and approves it prior to the transmittal of the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All members of the board are required to complete and sign a new conflict of interest policy yearly.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policies and financial statements available, upon request, at its business office.

Filing and Contact Details

Filer

Filer Name
Monadnock Music
EIN
23-7021734
Phone
6038524345
Address
PO BOX 3022, PETERBOROUGH, NH 03458

Signing Officer

Name
Andre Jaeger
Title
Treasurer
Phone
7814089159
Signed
2024-02-21
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
Nh
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
40

Preparer

Firm
Downey Pieciak Fitzgerald & Co Pc
Address
10 PARK PLACE, BRATTLEBORO, VT 05301
Preparer
Joseph S Pieciak Jr CPA
Phone
8022571307
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IRS990/OtherExpensesGrp/TotalAmt22498
IRS990/OtherExpensesGrp/TotalAmt32021
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt016444
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06578
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt042754
IRS990/OtherSalariesAndWagesGrp/TotalAmt065776
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IRS990/PayrollTaxesGrp/FundraisingAmt02325
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0930
IRS990/PayrollTaxesGrp/ProgramServicesAmt06046
IRS990/PayrollTaxesGrp/TotalAmt09301
IRS990/PensionPlanContributionsGrp/FundraisingAmt0250
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0100
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0650
IRS990/PensionPlanContributionsGrp/TotalAmt01000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1711130
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3711130
IRS990/ProgramServiceRevenueGrp/BusinessCd4711130
IRS990/ProgramServiceRevenueGrp/Desc0EARNED INCOME: OFF SEASON
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM BOOK INCOME
IRS990/ProgramServiceRevenueGrp/Desc3TICKET SALES: IN SEASON
IRS990/ProgramServiceRevenueGrp/Desc4TICKET SALES: OFF SEASON
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1754
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23075
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt328332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1754
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4635
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0289799
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0457
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0119749
IRS990/PYProgramServiceRevenueAmt024830
IRS990/PYRevenuesLessExpensesAmt0108560
IRS990/PYSalariesCompEmpBnftPaidAmt086777
IRS990/PYTotalExpensesAmt0206526
IRS990/PYTotalRevenueAmt0315086
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt032300
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt039026
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt040070
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0132045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0289799
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0151995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0215907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0211674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01001420
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054257
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt054719
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94820
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt01001420
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0132045
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0215907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0211674
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01001420
IRS990ScheduleA/TotalSupportAmt01056139
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02876
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03167
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051780
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MUSIC LIBRARY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0291
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051780
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE PRESIDENT OF THE BOARD OF TRUSTEES PRIOR TO ITS ELECTRONIC FILING. THE BOARD REVIEWS THE RETURN AND APPROVES IT PRIOR TO THE TRANSMITTAL OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE BOARD ARE REQUIRED TO COMPLETE AND SIGN A NEW CONFLICT OF INTEREST POLICY YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE, UPON REQUEST, AT ITS BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0135132
IRS990/TotalAssetsEOYAmt0167524
IRS990/TotalAssetsGrp/BOYAmt0135132
IRS990/TotalAssetsGrp/EOYAmt0167524
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019909
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021559

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.01$1.49$0.19$0.23$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.19$0.23$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.23$0.19$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.32$0.21$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.03$0.03$0.17$0.14$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.07$0.00$0.25$0.19$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.11$0.05$0.24$0.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.10$0.04$0.23$0.30$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.06$0.03$0.23$0.28$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.09$0.30$0.33$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.10$0.02$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.06$0.08$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.16$0.37