Civic Intelligence

Musicworks

990 • Fiscal year 2015 • EIN 26-2059154

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 25, 2016

2050 West Chester Pike Suite 115Havertown, PA 19083-2742

(610) 449-9669

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

61st percentile

8.5%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$59,939

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

80th percentile

38%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

4.7%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$91,439

Up $25,174 (+38%) from 2014

Net Assets

Up

$88,084

Up $27,229 (+45%) from 2014

Liabilities

Down

$3,355

Down $2,055 (-38%) from 2014

Revenue

Up

$319,383

Up $14,255 (+4.7%) from 2014

Expenses

Up

$292,154

Up $5,439 (+1.9%) from 2014

Net Income

Up

$27,229

Up $8,816 (+48%) from 2014

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 2012: $86,577Liabilities 2012: $10,264Net Assets 2012: $76,3132012Assets 2013: $59,256Liabilities 2013: $16,813Net Assets 2013: $42,4432013Assets 2014: $66,265Liabilities 2014: $5,410Net Assets 2014: $60,8552014Assets 2015: $91,439Liabilities 2015: $3,355Net Assets 2015: $88,0842015Assets 2016: $129,062Liabilities 2016: $3,637Net Assets 2016: $125,4252016Assets 2017: $184,157Liabilities 2017: $4,711Net Assets 2017: $179,4462017Assets 2018: $190,015Liabilities 2018: $5,511Net Assets 2018: $184,5042018Assets 2019: $249,695Liabilities 2019: $454Net Assets 2019: $249,2412019Assets 2020: $277,973Liabilities 2020: $66,843Net Assets 2020: $211,1302020Assets 2021: $498,752Liabilities 2021: $228,657Net Assets 2021: $270,0952021Assets 2022: $725,313Liabilities 2022: $151,107Net Assets 2022: $574,2062022Assets 2023: $983,740Liabilities 2023: $151,180Net Assets 2023: $832,5602023Assets 2024: $1,198,645Liabilities 2024: $149,694Net Assets 2024: $1,048,9512024Assets 2025: $1,359,256Liabilities 2025: $146,969Net Assets 2025: $1,212,2872025

Highlighted filing

2015

Assets$91,439
Liabilities$3,355
Net Assets$88,084

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $270,2532012Expenses 2013: $287,5282013Revenue 2014: $305,128Expenses 2014: $286,715Net Income 2014: $18,4132014Revenue 2015: $319,383Expenses 2015: $292,154Net Income 2015: $27,2292015Revenue 2016: $361,105Expenses 2016: $323,764Net Income 2016: $37,3412016Revenue 2017: $415,811Expenses 2017: $361,790Net Income 2017: $54,0212017Revenue 2018: $437,243Expenses 2018: $432,185Net Income 2018: $5,0582018Revenue 2019: $547,748Expenses 2019: $483,011Net Income 2019: $64,7372019Revenue 2020: $509,701Expenses 2020: $553,484Net Income 2020: -$43,7832020Revenue 2021: $597,556Expenses 2021: $538,591Net Income 2021: $58,9652021Revenue 2022: $1,051,021Expenses 2022: $746,910Net Income 2022: $304,1112022Revenue 2023: $1,128,263Expenses 2023: $869,909Net Income 2023: $258,3542023Revenue 2024: $1,152,069Expenses 2024: $935,678Net Income 2024: $216,3912024Revenue 2025: $1,184,649Expenses 2025: $1,021,314Net Income 2025: $163,3352025

Highlighted filing

2015

Revenue$319,383
Expenses$292,154
Net Income$27,229
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 25, 2016
Return Version
2014v6.0
Gross Receipts
$319,383
Mission and Program Overview

Mission

Musicworks provides music therapy services to restore, improve, and maintain the quality of life of all individuals thoughout the delaware valley who are challenged by autism, special needs, illness, and aging.

Musicworks provides music therapy services to restore, improve and maintain the quality of life of all individuals throughout the delaware valley who are challenged by autism, special needs, illness or aging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,645$38,932▲ $25,287
Accounts Receivable$20,217$22,156▲ $1,939
Land, Buildings, and Equipment, Net$20,730$18,397▼ $2,333
Intangible Assets$5,469$4,893▼ $576
Loans From Officers Directors$1,134--
Total Assets$66,265$91,439▲ $25,174
Other Assets Total$6,204$7,061▲ $857
Liabilities
Other Liabilities$4,276$3,355▼ $921
Total Liabilities$5,410$3,355▼ $2,055
Net Assets / Fund Balance
Unrestricted Net Assets$58,461$78,880▲ $20,419
Temporarily Rstr Net Assets$2,394$9,204▲ $6,810
Total Net Assets Fund Balance$60,855$88,084▲ $27,229
Total Liabilities and Net Assets / Fund Balance$66,265$91,439▲ $25,174

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,397$17,261$35,658
Other Assets Org$857--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,394$6,810--$9,204
2013$4,888---$2,394
2012$225$4,888--$4,888
2011$2,394$225--$225
2010$6,307---$2,394
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LORI O'LEARYExecutive DiFT$42,700$17,239$59,939
GERALD O'LEARYDirector of MusicFT$42,700$13,599$56,299
Revenue and Support

Revenue Composition

Contributions and Grants
$67,937
Program Service Revenue
$251,439
Investment Income
$7
Other Revenue
$0
All Other Contributions
$67,937
Change in Net Assets
$27,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$170,688
Other Expenses$107,428
Total Fundraising Expense$40,919
Grants and Similar Amounts Paid$14,038
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,532$20,923$14,945$85,400
Occupancy$33,804$11,268-$45,072
Other Salaries and Wages$43,328--$43,328
Other Employee Benefits$17,158$8,229$5,451$30,838
Office Expenses$415$3,565$12,103$16,083
Grants to Domestic Individuals$14,038--$14,038
Travel$13,284--$13,284
Payroll Taxes$8,109$1,762$1,251$11,122
Fees for Services Other$3,173$276-$3,449
Depreciation Depletion$1,601$1,307-$2,908
Insurance$1,478$1,286-$2,764
Information Technology-$2,299-$2,299
Other Expenses$1,940$665$6,943$1,940
All Other Expenses$66$1,669$127$1,862
Advertising$1,055$483$99$1,637
Fees for Services Accounting-$1,500-$1,500
Interest-$19-$19
Total Functional Expenses$194,566$56,669$40,919$292,154
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
Loans from Officers, Directors, Trustees, and Key Employees$1,134--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$3,355
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

Gerald o'leary lori o'leary dir of music exec dir spouse

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed and approved by the board prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annual review of all board members is performed

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed annually by board

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed annually by board

Form 990, Page 6, Part VI, Line 19

Upon request and through guidestar.com

Filing and Contact Details

Filer

Filer Name
Musicworks
EIN
26-2059154
Phone
6104499669
Address
2050 WEST CHESTER PIKE SUITE 115, HAVERTOWN, PA 19083-2742

Signing Officer

Name
LORI O'LEARY
Title
President
Phone
6104499669
Signed
2016-01-25

Organization Details

Principal Officer
LORI O'LEARY
Formed
2008
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
5
Employees
6

Preparer

Firm
Del Pizzo & Associates Pc
Address
2098 WEST CHESTER PIKE SUITE 101, BROOMALL, PA 19008
Preparer
Jack Del Pizzo CPA
Phone
6103562590
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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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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04888
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02394
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02494
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0225
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt04888
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04888
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0225
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02394
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0225
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0225
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt02394
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06307
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02394
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06204
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1857
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER CURRENT ASSETS
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017261
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035658
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03355
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt018397
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07061
IRS990ScheduleD/TotalLiabilityAmt03355
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt014038
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID RECIPIENTS GO THROUGH AN APPROVAL PROCESS BASED ON FAMILY INCOME AND RECEIVE EITHER 50% OR 100% TUITION GRANTS. ALL MONIES ARE USED TO FUND MUSIC THERAPY CLASSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GERALD O'LEARY LORI O'LEARY DIR OF MUSIC EXEC DIR SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL REVIEW OF ALL BOARD MEMBERS IS PERFORMED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED ANNUALLY BY BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS REVIEWED ANNUALLY BY BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST AND THROUGH GUIDESTAR.COM
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt091439
IRS990/TotalAssetsGrp/BOYAmt066265
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IRS990/TotalContributionsAmt067937
IRS990/TotalEmployeeCnt06
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056669
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194566
IRS990/TotalFunctionalExpensesGrp/TotalAmt0292154
IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt060855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt088084
IRS990/TotalOtherCompensationAmt030838
IRS990/TotalProgramServiceExpensesAmt0194566
IRS990/TotalProgramServiceRevenueAmt0251439
IRS990/TotalReportableCompFromOrgAmt085400
IRS990/TotalRevenueGrp/ExclusionAmt07
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0251439
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0319383
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt066265
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt091439
IRS990/TravelGrp/ProgramServicesAmt013284
IRS990/TravelGrp/TotalAmt013284
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt058461
IRS990/UnrestrictedNetAssetsGrp/EOYAmt078880
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0412 E EAGLE ROAD
IRS990/USAddress/CityNm0HAVERTOWN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019083
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MUSICWORKSWONDERS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI O'LEARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06104499669
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSICWORKS
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0262059154
ReturnHeader/Filer/PhoneNum06104499669
ReturnHeader/Filer/USAddress/AddressLine1Txt02050 WEST CHESTER PIKE SUITE 115
ReturnHeader/Filer/USAddress/CityNm0HAVERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0190832742
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232876586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEL PIZZO & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02098 WEST CHESTER PIKE SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOMALL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019008
ReturnHeader/PreparerPersonGrp/PhoneNum06103562590
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK DEL PIZZO CPA
ReturnHeader/ReturnTs02016-01-25T19:44:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.36$0.15$1.21$1.18$1.02$0.16
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.15$1.05$1.15$0.94$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.15$0.83$1.13$0.87$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.15$0.57$1.05$0.75$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.23$0.27$0.60$0.54$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.07$0.21$0.51$0.55$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.55$0.48$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.44$0.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.42$0.36$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.36$0.32$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.32$0.29$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.31$0.29$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.04$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.01$0.08$0.27