Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 26-0089847 • 501(c)3 • Ocean Grove, NJ
Profile
The new york guitar festival explores the full spectrum of the guitar's personality through inventive concerts, new commissions, and inspiring outreach programs such as master classes, workshops, and panel discussions. Our events are designed to nurture the next generation of guitarists and audiences. The festival embraces the art of the past as well as the art of our time, in the belief that creativity is a core human characteristic and that the arts hold uniquely transformative potential for all.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 1849.1% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Assets
Down$9,239
Down $41,491 (-82%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$9,239
Down $41,491 (-82%) from 2023
Revenue
Down$1,352
Down $50,253 (-97%) from 2023
Expenses
Down$42,843
Down $10,296 (-19%) from 2023
Net Income
Down-$41,491
Down $39,957 (-2605%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The new york guitar festival explores the full spectrum of the guitar's personality through inventive concerts, new commissions, and inspiring outreach programs such as master classes, workshops, and panel discussions. Our events are designed to nurture the next generation of guitarists and audiences. The festival embraces the art of the past as well as the art of our time, in the belief that creativity is a core human characteristic and that the arts hold uniquely transformative potential for all.
| Description | Grants | Expenses |
|---|---|---|
| MUSIC FESTIVAL HELD IN 2024 | - | $14,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID SPELMAN | Executive Director | PT | $25,000 | - | $25,000 |
| ZINGI MKEFA | Secretary | PT | $0 | - | - |
| ADAM OPPENHEIM | Treasurer | - | $0 | - | - |
| ETHAN BLUMEBSTRAUCH | Secretary | - | $0 | - | - |
“ADVERTISING $224”
“Office Expenses $645”
“Travel $78”
“Depreciation $420”
“PUBLIC RELATIONS $8834”
“Music festival expenses $3212”
“Outside contractors $1500”
“WEBSITE HOSTING $91”
“MEALS $68”
“BANK CHARGES $62”
“Machinery and Equipment - Beginning $518 Machinery and Equipment - Ending $98”
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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|---|---|---|
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
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| IRS990EZ/OtherRevenueTotalAmt | 0 | 224 |
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| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE NEW YORK GUITAR FESTIVAL EXPLORES THE FULL SPECTRUM OF THE GUITAR'S PERSONALITY THROUGH INVENTIVE CONCERTS, NEW COMMISSIONS, AND INSPIRING OUTREACH PROGRAMS SUCH AS MASTER CLASSES, WORKSHOPS, AND PANEL DISCUSSIONS. OUR EVENTS ARE DESIGNED TO NURTURE THE NEXT GENERATION OF GUITARISTS AND AUDIENCES. THE FESTIVAL EMBRACES THE ART OF THE PAST AS WELL AS THE ART OF OUR TIME, IN THE BELIEF THAT CREATIVITY IS A CORE HUMAN CHARACTERISTIC AND THAT THE ARTS HOLD UNIQUELY TRANSFORMATIVE POTENTIAL FOR ALL. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14000 |
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| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
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| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
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| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
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| IRS990EZ/TransactionWithControlEntInd | 0 | false |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1000 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52000 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 267082 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 128 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 305 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00110 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00060 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 333 |
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| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 1976 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99390 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 269363 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADVERTISING $224 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $645 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $78 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Depreciation $420 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PUBLIC RELATIONS $8834 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MUSIC FESTIVAL EXPENSES $3212 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | OUTSIDE CONTRACTORS $1500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | WEBSITE HOSTING $91 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MEALS $68 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | BANK CHARGES $62 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Machinery and Equipment - Beginning $518 Machinery and Equipment - Ending $98 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Assets.1003 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID SPELMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Dir. |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW YORK GUITAR FESTIVAL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWY |
| ReturnHeader/Filer/EIN | 0 | 260089847 |
| ReturnHeader/Filer/PhoneNum | 0 | 9178618453 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 57 MAIN AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | OCEAN GROVE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07756 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 832827998 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | E & J Accounting Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 352 Seventh Ave Ste 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | New York |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10001 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2123796572 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | EDNA CHAN |
| ReturnHeader/ReturnTs | 0 | 2025-11-03T19:28:55-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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