Civic Intelligence

The Visionary Media Group

EIN 26-0710575 • 501(c)3 • New York, NY

Profile

Providing career resources, and professional employment opportunities for musicians, composers and audio engineers who are blind or visually impaired.

15 West 65th StreetNew York, NY 10023

www.visionarymedia.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

28.65x

Higher debt load relative to assets than 99% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

2.49x

Higher debt load relative to revenue than 98% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2016

Net Margin

4th percentile

-287%

Higher net margin than 4% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2016

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

NTEE B • <$500k nonprofits • Source year 2016

Asset Growth

4th percentile

-93%

Faster asset growth than 4% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-90%

Faster revenue growth than 5% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,695

Down $21,922 (-93%) from 2015

Liabilities

Up

$48,570

Up $34,197 (+238%) from 2015

Net Assets

Down

-$46,875

Down $56,119 (-607%) from 2015

Revenue

Down

$19,544

Down $180,391 (-90%) from 2015

Expenses

Down

$75,663

Down $129,126 (-63%) from 2015

Net Income

Down

-$56,119

Down $51,265 (-1056%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2010: $128,350Liabilities 2010: $105,956Net Assets 2010: $22,3942010Assets 2011: $76,547Liabilities 2011: $20,151Net Assets 2011: $56,3962011Assets 2012: $52,541Liabilities 2012: $19,980Net Assets 2012: $32,5612012Assets 2014: $32,756Liabilities 2014: $18,658Net Assets 2014: $14,0982014Assets 2015: $23,617Liabilities 2015: $14,373Net Assets 2015: $9,2442015Assets 2016: $1,695Liabilities 2016: $48,570Net Assets 2016: -$46,8752016

Highlighted filing

2016

Assets$1,695
Liabilities$48,570
Net Assets-$46,875

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $311,5072010Expenses 2011: $202,2912011Revenue 2012: $95,078Expenses 2012: $118,913Net Income 2012: -$23,8352012Revenue 2014: $165,861Expenses 2014: $172,265Net Income 2014: -$6,4042014Revenue 2015: $199,935Expenses 2015: $204,789Net Income 2015: -$4,8542015Revenue 2016: $19,544Expenses 2016: $75,663Net Income 2016: -$56,1192016

Highlighted filing

2016

Revenue$19,544
Expenses$75,663
Net Income-$56,119

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$47,175
Mission and Program Overview

Mission

To remove barriers to professional success for blind and visually impaired music and media professionals. This is done by providing training, resources, and opportunities.

Program Services

DescriptionGrantsExpenses
TRAIN AND EMPLOY STUDIO TECHNICIANS WHO ARE BLIND OR VISUALLY IMPAIRED TO FACILITATE REHEARSAL AND RECORDING SESSIONS. FACILITATE THE PRODUCTION OF CUSTOM MUSIC BY COMPOSERS WHO ARE BLIND OR VISUALLY IMPAIRED TO FOR USE IN ADVERTISING, RADIO, TELEVISION, FILMS AND VIDEO GAMES. PROVIDE EMPLOYMENT PLACEMENT AND TRAINING WORKSHOPS. PROVIDE VISUAL MARKETING AND PROMOTIONAL SUPPORT TO MUSICIANS WHO ARE BLIND OR VISUALLY IMPAIRED. TO PROVIDE AFFORDABLE REHEARSAL AND RECORDING SPACE (USED FOR REHEARSAL, RECORDING, AUDIO TRAINING, AND MASTER CLASSES) FOR MUSICIANS WHO ARE BLIND OR VISUALLY IMPAIRED.$0$63,766
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG MAXWELLFounderPT$0--
GREGG RAYBINChairman-$0--
RICK BLANDSecretary/Treasurer-$0--
DAVE SASSCERDirector-$0--
JOE SALVATTODirector-$0--
EVAN MITTMANDirector-$0--
CURTIS NYSTROMDirector-$0--
MICHELE MAURODirector-$0--
STEVE PATTERSONDirector Emeritus-$0--
BROOKE FOXPresidentFT$0--
HOPE O'CONNELLDirector To Q1 2015-$0--
JASON HUTTONDirector To Q1 2015-$0--
Filing and Contact Details

Filer

Filer Name
The Visionary Media Group
EIN
26-0710575
Phone
2127696200
Address
15 WEST 65TH STREET, NEW YORK, NY 10023

Signing Officer

Name
Christina Wong
Title
CFO-2016
Phone
2127696200
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: artist & studio tech fees. Amount: 14,977. Description: depreciation. Amount: 2,251. Description: insurance. Amount: 4,204. Description: office expenses. Amount: 3,784. Description: telephone. Amount: 1,173. Description: uncollectible receivables. Amount: 10. Description: miscellaneous. Amount: 1,366. Total to form 990-ez, line 16: 27,765.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expense. Beg. Of year amount: 2,918. End of year amount: 364. Description: security deposits. Beg. Of year amount: 2,000. End of year amount: 0. Description: program revenue receivable. Beg. Of year amount: 3,153. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 11,918. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable & accrued expenses. Beg. Of year amount: 10,730. End of year amount: 48,570. Description: bank overdraft. Beg. Of year amount: 2,350. End of year amount: 0. Description: deferred income. Beg. Of year amount: 93. End of year amount: 0. Description: due to officer. Beg. Of year amount: 1,200. End of year amount: 0.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ARTIST & STUDIO TECH FEES. AMOUNT: 14,977. DESCRIPTION: DEPRECIATION. AMOUNT: 2,251. DESCRIPTION: INSURANCE. AMOUNT: 4,204. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,784. DESCRIPTION: TELEPHONE. AMOUNT: 1,173. DESCRIPTION: UNCOLLECTIBLE RECEIVABLES. AMOUNT: 10. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,366. TOTAL TO FORM 990-EZ, LINE 16: 27,765.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 2,918. END OF YEAR AMOUNT: 364. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 0. DESCRIPTION: PROGRAM REVENUE RECEIVABLE. BEG. OF YEAR AMOUNT: 3,153. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 11,918. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 10,730. END OF YEAR AMOUNT: 48,570. DESCRIPTION: BANK OVERDRAFT. BEG. OF YEAR AMOUNT: 2,350. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED INCOME. BEG. OF YEAR AMOUNT: 93. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 1,200. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VISIONARY MEDIA GROUP
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ReturnHeader/Filer/EIN0260710575
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ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02017-11-15T21:27:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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