Civic Intelligence

Musicopia Inc.

990 • Fiscal year 2013 • EIN 23-7397981

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 12, 2014

2001 Market Street19103
Siviq Scores

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

Liabilities / Assets

54th percentile

0.08x

Higher debt load relative to assets than 54% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

89th percentile

47%

Faster asset growth than 89% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$555,865

Up $177,296 (+47%) from 2012

Net Assets

Up

$513,833

Up $152,645 (+42%) from 2012

Liabilities

Up

$42,032

Up $24,651 (+142%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$749,892

Up $98,348 (+15%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $287,815Liabilities 2010: $21,246Net Assets 2010: $266,5692010Assets 2012: $378,569Liabilities 2012: $17,381Net Assets 2012: $361,1882012Assets 2013: $555,865Liabilities 2013: $42,032Net Assets 2013: $513,8332013Assets 2014: $603,002Liabilities 2014: $76,020Net Assets 2014: $526,9822014Assets 2015: $1,030,358Liabilities 2015: $65,263Net Assets 2015: $965,0952015Assets 2016: $938,491Liabilities 2016: $27,194Net Assets 2016: $911,2972016Assets 2017: $876,538Liabilities 2017: $7,128Net Assets 2017: $869,4102017Assets 2018: $1,147,706Liabilities 2018: $16,259Net Assets 2018: $1,131,4472018Assets 2019: $970,344Liabilities 2019: $5,136Net Assets 2019: $965,2082019Assets 2020: $881,113Liabilities 2020: $169,923Net Assets 2020: $711,1902020Assets 2021: $1,211,790Liabilities 2021: $116,891Net Assets 2021: $1,094,8992021Assets 2022: $886,541Liabilities 2022: $27,053Net Assets 2022: $859,4882022Assets 2023: $670,068Liabilities 2023: $47,504Net Assets 2023: $622,5642023Assets 2024: $918,716Liabilities 2024: $27,499Net Assets 2024: $891,2172024

Highlighted filing

2013

Assets$555,865
Liabilities$42,032
Net Assets$513,833

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $808,7452010Expenses 2012: $651,5442012Expenses 2013: $749,8922013Revenue 2014: $895,100Expenses 2014: $881,951Net Income 2014: $13,1492014Revenue 2015: $1,581,658Expenses 2015: $1,143,545Net Income 2015: $438,1132015Revenue 2016: $742,137Expenses 2016: $795,935Net Income 2016: -$53,7982016Revenue 2017: $934,008Expenses 2017: $975,895Net Income 2017: -$41,8872017Revenue 2018: $1,445,983Expenses 2018: $1,183,946Net Income 2018: $262,0372018Revenue 2019: $1,050,521Expenses 2019: $1,216,760Net Income 2019: -$166,2392019Revenue 2020: $871,697Expenses 2020: $1,125,715Net Income 2020: -$254,0182020Revenue 2021: $1,595,061Expenses 2021: $1,211,352Net Income 2021: $383,7092021Revenue 2022: $1,214,458Expenses 2022: $1,449,869Net Income 2022: -$235,4112022Revenue 2023: $1,357,828Expenses 2023: $1,594,752Net Income 2023: -$236,9242023Revenue 2024: $2,072,144Expenses 2024: $1,803,491Net Income 2024: $268,6532024

Highlighted filing

2013

Revenue-
Expenses$749,892
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 12, 2014
Return Version
2012v2.0
Gross Receipts
$919,840
Mission and Program Overview

Mission

Musicopias mission is to provide equitable access to music education and enrichment, encouraging self-confidence, global awareness, dedication and joy in pre-k to 12th grade students and their communities. In 1974, musicopia envisions transformative arts programs in all school communities promoting a culture of creativity, mutual respect, dedication, and joy.

Major Activities

Activity 2
Orchestra - The Musicopia String Orchestra, an out-of-school music education initiative, serves students throughout the greater Philadelphia area who lack creative outlets for expression. Most MSO members cannot afford private music lessons, and receive minimal, if any, instrumental instruction in school. A welcoming home for students of various instrumental skill levels, the MSO requires a serious, long-term musical commitment on the part of student participants. In addition to the weekly full orchestra rehearsals, supplemental activities include intensive chamber coaching for advanced students and various collaborations with guest performers.
Activity 3
Bridge to Music - Bridge to Music brings the many benefits of music education to schools whose music programs have been decimated or eliminated due to budget cuts. The North Philadelphia schools that we currently serve are ranked at or near the bottom of the city's ranking using such measures as test scores, incidents of violence, absenteeism, and drop-out rates. Musicopia offers residencies, all-school assemblies, and workshops by selected teaching artists, and an after-school Drumline ensemble.
Filing and Contact Details

Filer

EIN
23-7397981
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IRS990/Activity2/Description0Orchestra - The Musicopia String Orchestra, an out-of-school music education initiative, serves students throughout the greater Philadelphia area who lack creative outlets for expression. Most MSO members cannot afford private music lessons, and receive minimal, if any, instrumental instruction in school. A welcoming home for students of various instrumental skill levels, the MSO requires a serious, long-term musical commitment on the part of student participants. In addition to the weekly full orchestra rehearsals, supplemental activities include intensive chamber coaching for advanced students and various collaborations with guest performers.
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IRS990/Description0General Programming - Musicopia is a leader in revitalizing school music programs throughout the Delaware Valley. Annually, Musicopia's professional ensembles and solo musicians present more than 600 programs that reach over 34,000 students and community members. Approximately 81% of Musicopia's efforts go to programs and services in low-resource schools and communities, where music education is most deficient. In addition to in-school programs, Musicopia has established long-term, out-of-school performing ensembles for students who lack opportunities for both performance and study. Musicopia received donated facilities for music classes valued at $13,312 as of June 30, 2013.
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IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn02976
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/TotalRevenueColumn00
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn00
IRS990/NoncashContributions080800
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith1096062
IRS990/NumberIndependentVotingMembers020
IRS990/NumberIndividualsGT100K00
IRS990/NumberOf8282Filed00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees010
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total00
IRS990/OfficeExpenses/Fundraising02899
IRS990/OfficeExpenses/ManagementAndGeneral07455
IRS990/OfficeExpenses/ProgramServices07515
IRS990/OfficeExpenses/Total017869
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/OnBehalfOfIssuer0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/EOY00
IRS990/OtherEmployeeBenefits/ProgramServices05207
IRS990/OtherEmployeeBenefits/Total05207
IRS990/OtherExpensePriorYear0420215
IRS990/OtherExpensesCurrentYear0476108
IRS990/OtherExpenses/Description0Miscellaneous
IRS990/OtherExpenses/Description1Program expenses
IRS990/OtherExpenses/Description2Grant Writing Expense
IRS990/OtherExpenses/Description3Instrument Purchase/Maintenanc
IRS990/OtherExpenses/Fundraising0295
IRS990/OtherExpenses/ManagementAndGeneral0473
IRS990/OtherExpenses/ProgramServices01798
IRS990/OtherExpenses/ProgramServices14922
IRS990/OtherExpenses/ProgramServices230538
IRS990/OtherExpenses/ProgramServices3118255
IRS990/OtherExpenses/Total02566
IRS990/OtherExpenses/Total14922
IRS990/OtherExpenses/Total230538
IRS990/OtherExpenses/Total3118255
IRS990/OtherNotesLoansReceivableNet/EOY00
IRS990/OtherRevenueCurrentYear034226
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/BusinessCode1561000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.03$0.89$2.07$1.80$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.05$0.62$1.36$1.59$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.03$0.86$1.21$1.45$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.12$1.09$1.60$1.21$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.17$0.71$0.87$1.13$0.25
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.01$0.97$1.05$1.22$0.17
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.02$1.13$1.45$1.18$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.01$0.87$0.93$0.98$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.03$0.91$0.74$0.80$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.07$0.97$1.58$1.14$0.44
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.08$0.53$0.90$0.88$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.04$0.51$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.02$0.36$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.02$0.27$0.81