Civic Intelligence

Miami Music Project Inc.

990 • Fiscal year 2011 • EIN 26-4084871

Jul 01, 2010 to Jun 30, 2011 • Filed on Mar 25, 2012

1300 Biscayne Boulevard33132
Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$822,712

Up $133,169 (+19%) from 2010

Net Assets

Up

$820,265

Up $138,566 (+20%) from 2010

Liabilities

Down

$2,447

Down $5,397 (-69%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$345,740

Up $51,433 (+17%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $689,543Liabilities 2010: $7,844Net Assets 2010: $681,6992010Assets 2011: $822,712Liabilities 2011: $2,447Net Assets 2011: $820,2652011Assets 2013: $1,004,285Liabilities 2013: $11,763Net Assets 2013: $992,5222013Assets 2015: $1,034,512Liabilities 2015: $23,209Net Assets 2015: $1,011,3032015Assets 2016: $1,050,433Liabilities 2016: $35,015Net Assets 2016: $1,015,4182016Assets 2017: $1,061,584Liabilities 2017: $23,174Net Assets 2017: $1,038,4102017Assets 2018: $1,357,430Liabilities 2018: $73,348Net Assets 2018: $1,284,0822018Assets 2019: $2,334,445Liabilities 2019: $92,782Net Assets 2019: $2,241,6632019Assets 2020: $2,415,923Liabilities 2020: $272,748Net Assets 2020: $2,143,1752020Assets 2021: $3,277,003Liabilities 2021: $356,222Net Assets 2021: $2,920,7812021Assets 2022: $3,947,856Liabilities 2022: $497,504Net Assets 2022: $3,450,3522022Assets 2024: $4,166,017Liabilities 2024: $624,404Net Assets 2024: $3,541,6132024

Highlighted filing

2011

Assets$822,712
Liabilities$2,447
Net Assets$820,265

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $294,3072010Expenses 2011: $345,7402011Expenses 2013: $546,6902013Revenue 2015: $868,657Expenses 2015: $876,292Net Income 2015: -$7,6352015Revenue 2016: $1,077,926Expenses 2016: $1,082,300Net Income 2016: -$4,3742016Revenue 2017: $1,369,811Expenses 2017: $1,345,032Net Income 2017: $24,7792017Revenue 2018: $1,676,171Expenses 2018: $1,445,063Net Income 2018: $231,1082018Revenue 2019: $2,737,198Expenses 2019: $1,815,337Net Income 2019: $921,8612019Revenue 2020: $1,747,871Expenses 2020: $1,828,760Net Income 2020: -$80,8892020Revenue 2021: $2,147,653Expenses 2021: $1,665,954Net Income 2021: $481,6992021Revenue 2022: $2,974,303Expenses 2022: $2,164,728Net Income 2022: $809,5752022Revenue 2024: $3,058,386Expenses 2024: $2,986,717Net Income 2024: $71,6692024

Highlighted filing

2011

Revenue-
Expenses$345,740
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Mar 25, 2012
Return Version
2010v3.2
Gross Receipts
$484,306
Mission and Program Overview

Mission

Miami music project uses music as a tool for social transformation, empowering children to acquire values and achieve their full potential, positively affecting society, through the study and performance of music.

Filing and Contact Details

Filer

EIN
26-4084871
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IRS990/Description0Since its inception and incorporation in September of 2008, the Miami Music Project (MMP) developed partnerships with the Adrienne Arsht Center for the Performing Arts of Miami-Dade County and Miami-Dade County Public Schools (MDCPS). The superintendent of MDCPS endorsed the MMP In-School Residency program by having ten middle schools (mostly Title I schools) participate. Additionally, a national audition was held where over 170 musicians attended and ten exceptional musicians were engaged. During the second season of its programming, MMP more than doubled its reach by adding 10 elementary schools (20 school total) and increasing the number of performances from 30 to 80. In support of educators' work in schools, MMP designed a music education curriculum in relation to District, State, and National Standards for Music Education, and added a mentoring program that provided over 45 instrument lessons to public school students. CLOSE TO 15,500 children were reached through the In-School Residency program during the 2010-11 season. In addition, Miami Music Project put into action the commitment to solely hire local professionals as members of MMP ensembles, to support the health of the local artistic community and reduce organizational costs.To enhance and reinforce the In-School Residency program, MMP has provided advanced after-school performing opportunities for students through the MMP Honors Orchestra (MMPHO), MMP Orchestral Academy (MMPOA). Currently, close to 140 children are involved in the MMPOA and the organization plans to increase the number to over 300 during the 2011-12 season.In order to reflect MMPs more comprehensive programming, the organization mission has updated to the following: Miami Music Project uses music as a tool for social transformation. We empower children to acquire values and achieve their full potential, positively affecting society, through the study and performance of music.In addition, to further its goals, the organization received donated services, including free use of facilities, totaling $53,263.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$0.62$3.54$3.06$2.99$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.50$3.45$2.97$2.16$0.81
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.36$2.92$2.15$1.67$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.27$2.14$1.75$1.83$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.09$2.24$2.74$1.82$0.92
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.07$1.28$1.68$1.45$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.02$1.04$1.37$1.35$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.04$1.02$1.08$1.08$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.02$1.01$0.87$0.88$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.01$0.99$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.82$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.01$0.68$0.29