Civic Intelligence

Kronos Performing Arts Association

990 • Fiscal year 2012 • EIN 23-7444956

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 15, 2012

PO Box 22534094122
Siviq Scores

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

Liabilities / Assets

43rd percentile

0.08x

Higher debt load relative to assets than 43% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,124,290

No earlier filing loaded for comparison.

Net Assets

$1,035,277

No earlier filing loaded for comparison.

Liabilities

$89,013

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,184,638

No earlier filing loaded for comparison.

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.

$3.0M$2.0M$1.0M$0Assets 2012: $1,124,290Liabilities 2012: $89,013Net Assets 2012: $1,035,2772012Assets 2013: $1,063,983Liabilities 2013: $149,557Net Assets 2013: $914,4262013Assets 2014: $907,397Liabilities 2014: $133,110Net Assets 2014: $774,2872014Assets 2015: $1,113,451Liabilities 2015: $187,992Net Assets 2015: $925,4592015Assets 2016: $1,120,022Liabilities 2016: $99,145Net Assets 2016: $1,020,8772016Assets 2017: $1,127,341Liabilities 2017: $153,941Net Assets 2017: $973,4002017Assets 2018: $1,406,111Liabilities 2018: $94,749Net Assets 2018: $1,311,3622018Assets 2019: $1,154,400Liabilities 2019: $181,831Net Assets 2019: $972,5692019Assets 2020: $863,008Liabilities 2020: $372,836Net Assets 2020: $490,1722020Assets 2021: $1,161,077Liabilities 2021: $546,290Net Assets 2021: $614,7872021Assets 2022: $1,591,460Liabilities 2022: $505,258Net Assets 2022: $1,086,2022022Assets 2023: $2,024,130Liabilities 2023: $395,879Net Assets 2023: $1,628,2512023Assets 2024: $1,957,294Liabilities 2024: $236,354Net Assets 2024: $1,720,9402024

Highlighted filing

2012

Assets$1,124,290
Liabilities$89,013
Net Assets$1,035,277

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $2,184,6382012Expenses 2013: $2,413,1242013Revenue 2014: $2,639,463Expenses 2014: $2,779,602Net Income 2014: -$140,1392014Revenue 2015: $2,674,835Expenses 2015: $2,523,663Net Income 2015: $151,1722015Revenue 2016: $2,554,906Expenses 2016: $2,446,748Net Income 2016: $108,1582016Revenue 2017: $2,521,433Expenses 2017: $2,572,950Net Income 2017: -$51,5172017Revenue 2018: $3,236,794Expenses 2018: $2,901,714Net Income 2018: $335,0802018Revenue 2019: $2,385,167Expenses 2019: $2,729,778Net Income 2019: -$344,6112019Revenue 2020: $1,961,196Expenses 2020: $2,443,593Net Income 2020: -$482,3972020Revenue 2021: $1,635,399Expenses 2021: $1,510,784Net Income 2021: $124,6152021Revenue 2022: $2,774,082Expenses 2022: $2,302,667Net Income 2022: $471,4152022Revenue 2023: $2,993,162Expenses 2023: $2,451,113Net Income 2023: $542,0492023Revenue 2024: $2,944,139Expenses 2024: $2,851,450Net Income 2024: $92,6892024

Highlighted filing

2012

Revenue-
Expenses$2,184,638
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 15, 2012
Return Version
2011v1.2
Gross Receipts
$2,403,544
Mission and Program Overview

Mission

FOR 45 YEARS, SAN FRANCISCOS KRONOS QUARTET HAS PURSUED A SINGULAR ARTISTIC VISION. MISSION STATEMENT: KRONOS EXISTS TO CREATE, PERFORM, AND PROMOTE MUSIC FROM A GLOBAL PERSPECTIVE THAT RESPONDS TO THE WORLD WE SHARE AND EXPANDS [continued on Schedule O]

Major Activities

Activity 2
Commissions and ProjectsThe Kronos Performing Arts Association has commissioned more than 750 new works and arrangements for the Kronos Quartet since the group's founding. Kronos performs these pieces in concerts throughout the world, and many of the works have been recorded for cd, radio, television and the internet. Hundreds of the works commissioned by Kronos have been performed by other musicians, and used in dance, theater, television and film productions. In addition to commissioning pieces of music, Kronos produces staged works on an ongoing basis. Recent productions include "Sun Rings" (IN COLLABORATION WITH NASA), "Awakening," "A Chinese Home," "Music From 4 Fences," AND "WOMEN'S VOICES."
Activity 3
EDUCATION AND COMMUNITYThe Kronos Quartet participates in EDUCATION AND COMMUNITY projects on an ongoing basis. In 2003, to celebrate the 30 year anniversary of the group, KPAA initiated the "Kronos: Under 30" project, a mentoring and residency program for composers under the age of 30. THE 5TH EDITION OF THE PROGRAM IS NOW UNDERWAY. The group participates in many residencies at universities each year, working with student composers, musicians, and students from other areas of study. In 2007 and 2009 the quartet participated in Professional Training Workshops at Carnegie Hall's Weill Institute, which involved intensive coaching with young professional string quartets. Kronos often performs for school aged children and families, both in schools and in concert hall settings. (Continued on Schedule O)
Filing and Contact Details

Filer

EIN
23-7444956
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IRS990/Activity3/Description0EDUCATION AND COMMUNITYThe Kronos Quartet participates in EDUCATION AND COMMUNITY projects on an ongoing basis. In 2003, to celebrate the 30 year anniversary of the group, KPAA initiated the "Kronos: Under 30" project, a mentoring and residency program for composers under the age of 30. THE 5TH EDITION OF THE PROGRAM IS NOW UNDERWAY. The group participates in many residencies at universities each year, working with student composers, musicians, and students from other areas of study. In 2007 and 2009 the quartet participated in Professional Training Workshops at Carnegie Hall's Weill Institute, which involved intensive coaching with young professional string quartets. Kronos often performs for school aged children and families, both in schools and in concert hall settings. (Continued on Schedule O)
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IRS990/OtherExpenses/ManagementAndGeneral06505
IRS990/OtherExpenses/ManagementAndGeneral16957
IRS990/OtherExpenses/ProgramServices0107242
IRS990/OtherExpenses/ProgramServices132732
IRS990/OtherExpenses/ProgramServices2117083
IRS990/OtherExpenses/ProgramServices3132333
IRS990/OtherExpenses/ProgramServices46957
IRS990/OtherExpenses/Total0107242
IRS990/OtherExpenses/Total132732
IRS990/OtherExpenses/Total2130093
IRS990/OtherExpenses/Total3134036
IRS990/OtherExpenses/Total418389
IRS990/OtherNotesLoansReceivableNet/EOY00
IRS990/OtherRevenueCurrentYear00
IRS990/OtherSalariesAndWages/Fundraising076920
IRS990/OtherSalariesAndWages/ManagementAndGeneral0102559
IRS990/OtherSalariesAndWages/ProgramServices0333318
IRS990/OtherSalariesAndWages/Total0512797
IRS990/OtherWebsite0X
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Fundraising012292
IRS990/PayrollTaxes/ManagementAndGeneral016390
IRS990/PayrollTaxes/ProgramServices053267
IRS990/PayrollTaxes/Total081949
IRS990/PensionPlanContributions/Total00
IRS990/PledgesAndGrantsReceivable/BOY048081
IRS990/PledgesAndGrantsReceivable/EOY0191150
IRS990/PoliciesReferenceChapters0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY086830
IRS990/PrepaidExpensesDeferredCharges/EOY056991
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY01473504
IRS990/ProgramServiceRevenue/Description0Tour/production/other
IRS990/ProgramServiceRevenue/Description1Recording income
IRS990/ProgramServiceRevenue/Description2Performance income
IRS990/ProgramServiceRevenuePriorYear01543733
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome044210
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome162099
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome21367195
IRS990/ProgramServiceRevenue/TotalRevenueColumn044210
IRS990/ProgramServiceRevenue/TotalRevenueColumn162099
IRS990/ProgramServiceRevenue/TotalRevenueColumn21367195
IRS990/ProhibitedTaxShelterTrans0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.96$0.24$1.72$2.94$2.85$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.40$1.63$2.99$2.45$0.54
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.51$1.09$2.77$2.30$0.47
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.55$0.61$1.64$1.51$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.37$0.49$1.96$2.44$0.48
2019Detailed filing. Detailed filing data is available for this year.$1.15$0.18$0.97$2.39$2.73$0.34
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.09$1.31$3.24$2.90$0.34
2017Detailed filing. Detailed filing data is available for this year.$1.13$0.15$0.97$2.52$2.57$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.10$1.02$2.55$2.45$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.11$0.19$0.93$2.67$2.52$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.13$0.77$2.64$2.78$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.15$0.91$2.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.09$1.04$2.18