Civic Intelligence

Southwest Music Academy Inc.

990EZ • Fiscal year 2016 • EIN 26-2576513

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 23, 2017

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

6th percentile

-35%

Higher net margin than 6% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Asset Growth

4th percentile

-66%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

40th percentile

-3.3%

Faster revenue growth than 40% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$7,254

Down $14,269 (-66%) from 2015

Net Assets

Down

$7,254

Down $14,269 (-66%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin6th percentile

Revenue

Down

$40,901

Down $1,394 (-3.3%) from 2015

Expenses

Up

$55,170

Up $24,670 (+81%) from 2015

Net Income

Down

-$14,269

Down $26,064 (-221%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2016

Assets$7,254
Liabilities-
Net Assets$7,254
Open 2016 Filing

Operations Trend

Revenue Growth40th 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

2016

Revenue$40,901
Expenses$55,170
Net Income-$14,269
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$40,901
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.-$53,218
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NEIL SWAPPPresidentPT$0--
KATHERINE TOMICEKVice-PresidePT$0--
KATHY HILLSecretary-$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
2017-10-23
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 2,074 office expenses 758 equipment 1,263 meetings 146 insurance 334 bank charges 36 directors/instructions 34,450 hall rental 540 miscellaneous 200 nm corporate fee 10 trip expenses 12,580 non-investment depreciation 312 total 52,703”

Form 990-ez, Part II, Line 24

“Fixed assets 1,559 1,559 less accumulated depreciation 936 1,248 total 623 311”

Raw XML Appendix132 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
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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/BOYAmt020900
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06943
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14269
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0948
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/Form990TotalAssetsGrp/BOYAmt021523
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IRS990EZ/GrossReceiptsAmt040901
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021523
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07254
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021523
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07254
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/BOYAmt0623
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0311
IRS990EZ/OtherExpensesTotalAmt052703
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUMMER MUSIC CAMPS AND MUSIC EDUCATION TO THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt01519
IRS990EZ/ProgramServiceRevenueAmt040901
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE BAND CAMP WHERE CHILDREN ARE INTRODUCED TO A VARIETY OF INSTRUMENTS AND RECEIVE TRAINING FROM PROFESSIONAL BAND INSTRUCTORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053218
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NM
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt055170
IRS990EZ/TotalProgramServiceExpensesAmt053218
IRS990EZ/TotalRevenueAmt040901
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SWMUSICACADEMY.ORG
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt042295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt026327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt033680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt036190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0179393
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0179393
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt040901
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt042295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt026327
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt033680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt036190
IRS990ScheduleA/Total509Grp/TotalAmt0179393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040901
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt042295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt026327
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt033680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt036190
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0179393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING & ADVERTISING 2,074 OFFICE EXPENSES 758 EQUIPMENT 1,263 MEETINGS 146 INSURANCE 334 BANK CHARGES 36 DIRECTORS/INSTRUCTIONS 34,450 HALL RENTAL 540 MISCELLANEOUS 200 NM CORPORATE FEE 10 TRIP EXPENSES 12,580 NON-INVESTMENT DEPRECIATION 312 TOTAL 52,703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FIXED ASSETS 1,559 1,559 LESS ACCUMULATED DEPRECIATION 936 1,248 TOTAL 623 311
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE TOMICEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE-PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-23
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/FilingSecurityInformation/AtSubmissionCreationDeviceId044FFF96A7CEC324D59A578CA93328D58748A03B1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07714EFE78A827D69620E381B6A1ECD0E71A7F265
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/PreparationDt02017-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETH FANT EA
ReturnHeader/ReturnTs02017-11-14T12:45:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,254
Liabilities
-
Net assets
$7,254
Revenue
$40,901
Expenses
$55,170
Net income
-$14,269
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