Civic Intelligence

Southwest Music Academy Inc.

990EZ • Fiscal year 2015 • EIN 26-2576513

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 28, 2016

Organization ProfileSWMUSICACADEMY.ORG
PO Box 1013Las Cruces, NM 88004

(575) 649-9974

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

89th percentile

28%

Higher net margin than 89% of similar nonprofits.

2015 filings • NTEE N • <$500k nonprofits • Source year 2015

Top Officer Pay

90th percentile

$4,900

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2015 filings • NTEE N • <$500k nonprofits • Source year 2015

Asset Growth

93rd percentile

105%

Faster asset growth than 93% of similar nonprofits.

2015 filings • NTEE N • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

61%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • NTEE N • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$21,523

Up $11,035 (+105%) from 2014

Net Assets

Up

$21,523

Up $11,035 (+105%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin89th percentile

Revenue

Up

$42,295

Up $15,968 (+61%) from 2014

Expenses

Up

$30,500

Up $5,643 (+23%) from 2014

Net Income

Up

$11,795

Up $10,325 (+702%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$30K$20K$10K$0Assets 2010: $11,476Net Assets 2010: $11,4762010Assets 2011: $6,735Net Assets 2011: $6,7352011Assets 2012: $14,057Net Assets 2012: $14,0572012Assets 2013: $9,018Net Assets 2013: $9,0182013Assets 2014: $10,488Net Assets 2014: $10,4882014Assets 2015: $21,523Net Assets 2015: $21,5232015Assets 2016: $7,254Net Assets 2016: $7,2542016Assets 2017: $5,018Net Assets 2017: $5,0182017Assets 2018: $5,388Net Assets 2018: $5,3882018Assets 2019: $3,414Net Assets 2019: $3,4142019

Highlighted filing

2015

Assets$21,523
Liabilities-
Net Assets$21,523
Open 2015 Filing

Operations Trend

Revenue Growth92nd percentile

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

$60K$40K$20K$0-$20KRevenue 2010: $33,616Expenses 2010: $30,001Net Income 2010: $3,6152010Revenue 2011: $22,798Expenses 2011: $27,539Net Income 2011: -$4,7412011Revenue 2012: $36,190Expenses 2012: $28,867Net Income 2012: $7,3232012Revenue 2013: $33,680Expenses 2013: $38,718Net Income 2013: -$5,0382013Revenue 2014: $26,327Expenses 2014: $24,857Net Income 2014: $1,4702014Revenue 2015: $42,295Expenses 2015: $30,500Net Income 2015: $11,7952015Revenue 2016: $40,901Expenses 2016: $55,170Net Income 2016: -$14,2692016Revenue 2017: $27,971Expenses 2017: $30,208Net Income 2017: -$2,2372017Revenue 2018: $15,606Expenses 2018: $15,237Net Income 2018: $3692018Revenue 2019: $10,356Expenses 2019: $12,331Net Income 2019: -$1,9752019

Highlighted filing

2015

Revenue$42,295
Expenses$30,500
Net Income$11,795
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 28, 2016
Return Version
2015v2.1
Gross Receipts
$42,295
Mission and Program Overview

Mission

Summer music camps and music education to the community.

Program Services

DescriptionGrantsExpenses
PROVIDE BAND CAMP WHERE CHILDREN ARE INTRODUCED TO A VARIETY OF INSTRUMENTS AND RECEIVE TRAINING FROM PROFESSIONAL BAND INSTRUCTORS.-$29,444
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHERINE TOMICEKVice-PresidePT$4,900-$4,900
KATHY HILLSecretary-$1,200-$1,200
NEIL SWAPPPresidentPT$0--
PAUL HALLSTEDTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Southwest Music Academy Inc
EIN
26-2576513
Address
PO BOX 1013, LAS CRUCES, NM 88004

Signing Officer

Name
Katherine Tomicek
Title
Vice-president
Signed
2016-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Beasley Mitchell & Co Llp
Address
PO DRAWER 550, LAS CRUCES, NM 88004-0550
Preparer
Beth Fant Ea
Phone
5755286700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing & advertising 832 office expenses 200 telephone 70 travel 444 meetings 250 insurance 289 bank charges 40 directors/instructions 21,970 nm corporate fee 10 camp exp 300 uniform items 2,714 supplies 524 trip event expense 100 non-investment depreciation 312 total 28,055”

Form 990-ez, Part I, Line 20

“Prior year adjustment -761”

Form 990-ez, Part II, Line 24

“Fixed assets 1,559 1,559 less accumulated depreciation 624 936 total 935 623”

Raw XML Appendix133 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KATIE TOMICEK
IRS990EZ/BooksInCareOfDetail/PhoneNum05756499974
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01036 S MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAS CRUCES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd088005
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09554
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020900
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011795
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0806
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010489
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021523
IRS990EZ/GrossReceiptsAmt042295
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010489
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021523
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010489
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021523
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt14900
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt21200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NEIL SWAPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KATHERINE TOMICEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATHY HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL HALLSTED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0935
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0623
IRS990EZ/OtherChangesInNetAssetsAmt0-761
IRS990EZ/OtherExpensesTotalAmt028055
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUMMER MUSIC CAMPS AND MUSIC EDUCATION TO THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt01639
IRS990EZ/ProgramServiceRevenueAmt042295
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE BAND CAMP WHERE CHILDREN ARE INTRODUCED TO A VARIETY OF INSTRUMENTS AND RECEIVE TRAINING FROM PROFESSIONAL BAND INSTRUCTORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029444
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NM
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt030500
IRS990EZ/TotalProgramServiceExpensesAmt029444
IRS990EZ/TotalRevenueAmt042295
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SWMUSICACADEMY.ORG
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt026327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt033680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt036190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt022798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0161290
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0161290
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026327
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt033680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt036190
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt022798
IRS990ScheduleA/Total509Grp/TotalAmt0161290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt042295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026327
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt033680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt036190
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt022798
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0161290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING & ADVERTISING 832 OFFICE EXPENSES 200 TELEPHONE 70 TRAVEL 444 MEETINGS 250 INSURANCE 289 BANK CHARGES 40 DIRECTORS/INSTRUCTIONS 21,970 NM CORPORATE FEE 10 CAMP EXP 300 UNIFORM ITEMS 2,714 SUPPLIES 524 TRIP EVENT EXPENSE 100 NON-INVESTMENT DEPRECIATION 312 TOTAL 28,055
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR ADJUSTMENT -761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIXED ASSETS 1,559 1,559 LESS ACCUMULATED DEPRECIATION 624 936 TOTAL 935 623
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE TOMICEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE-PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHWEST MUSIC ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0262576513
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1013
ReturnHeader/Filer/USAddress/CityNm0LAS CRUCES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd088004
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850366848
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEASLEY MITCHELL & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO DRAWER 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS CRUCES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0880040550
ReturnHeader/PreparerPersonGrp/PhoneNum05755286700
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETH FANT EA
ReturnHeader/ReturnTs02016-05-10T14:04:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,523
Liabilities
-
Net assets
$21,523
Revenue
$42,295
Expenses
$30,500
Net income
$11,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$3.41$3.41$10.4$12.3$1.98
2018Detailed filing. Detailed filing data is available for this year.$5.39$5.39$15.6$15.2$0.37
2017Detailed filing. Detailed filing data is available for this year.$5.02$5.02$28.0$30.2$2.24
2016Detailed filing. Detailed filing data is available for this year.$7.25$7.25$40.9$55.2$14.3
2015Detailed filing. Detailed filing data is available for this year.$21.5$21.5$42.3$30.5$11.8
2014Detailed filing. Detailed filing data is available for this year.$10.5$10.5$26.3$24.9$1.47
2013Detailed filing. Detailed filing data is available for this year.$9.02$9.02$33.7$38.7$5.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$14.1$36.2$28.9$7.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.74$6.74$22.8$27.5$4.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$11.5$33.6$30.0$3.62