Civic Intelligence

Five Boroughs Music Festival Inc.

990EZ • Fiscal year 2018 • EIN 27-0773911

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 10, 2018

PO Box 150060Brooklyn, NY 11215

(646) 504-0545

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

68th percentile

10%

Higher net margin than 68% of similar nonprofits.

2018 filings • NTEE N • <$500k nonprofits • Source year 2018

Top Officer Pay

90th percentile

$3,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2018 filings • NTEE N • <$500k nonprofits • Source year 2018

Asset Growth

94th percentile

131%

Faster asset growth than 94% of similar nonprofits.

2018 filings • NTEE N • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

-4.2%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • NTEE N • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$34,094

Up $19,311 (+131%) from 2017

Net Assets

Up

$34,094

Up $19,311 (+131%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$54,104

Down $2,387 (-4.2%) from 2017

Expenses

Down

$48,541

Down $13,393 (-22%) from 2017

Net Income

Up

$5,563

Up $11,006 (+202%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $14,742Net Assets 2015: $14,7422015Assets 2016: $21,126Net Assets 2016: $21,1262016Assets 2017: $14,783Net Assets 2017: $14,7832017Assets 2018: $34,094Net Assets 2018: $34,0942018Assets 2019: $34,559Net Assets 2019: $34,5592019Assets 2020: $55,494Liabilities 2020: $0Net Assets 2020: $55,4942020Assets 2021: $51,659Liabilities 2021: $23,750Net Assets 2021: $27,9092021Assets 2022: $90,345Liabilities 2022: $26,562Net Assets 2022: $63,7832022Assets 2023: $82,390Liabilities 2023: $20,750Net Assets 2023: $61,6402023Assets 2024: $84,565Liabilities 2024: $11,945Net Assets 2024: $72,6202024Assets 2025: $100,572Liabilities 2025: $10,000Net Assets 2025: $90,5722025

Highlighted filing

2018

Assets$34,094
Liabilities-
Net Assets$34,094

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $52,018Expenses 2015: $48,319Net Income 2015: $3,6992015Revenue 2016: $67,442Expenses 2016: $61,058Net Income 2016: $6,3842016Revenue 2017: $56,491Expenses 2017: $61,934Net Income 2017: -$5,4432017Revenue 2018: $54,104Expenses 2018: $48,541Net Income 2018: $5,5632018Revenue 2019: $73,180Expenses 2019: $72,715Net Income 2019: $4652019Revenue 2020: $83,889Expenses 2020: $62,954Net Income 2020: $20,9352020Revenue 2021: $81,390Expenses 2021: $98,290Net Income 2021: -$16,9002021Revenue 2022: $146,815Expenses 2022: $110,941Net Income 2022: $35,8742022Revenue 2023: $116,758Expenses 2023: $118,901Net Income 2023: -$2,1432023Revenue 2024: $101,744Expenses 2024: $90,764Net Income 2024: $10,9802024Revenue 2025: $120,668Expenses 2025: $102,716Net Income 2025: $17,9522025

Highlighted filing

2018

Revenue$54,104
Expenses$48,541
Net Income$5,563
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 10, 2018
Return Version
2017v2.3
Gross Receipts
$54,104
Mission and Program Overview

Mission

Five boroughs music festival inc. Is organized for educational and charitable purposes, specifically to develop and conduct educational concerts and to provide high-quality musical performances in all five boroughs of new york city. Five boroughs music festival inc.'s unique purpose is to provide high- caliber concerts in all five boroughs of new york city (brooklyn, bronx, queens, staten island and manhattan), rather than focusing its efforts strictly in manhattan, which is common among organizations that promote appreciation for music in new york city. 5bmf's audiences are comprised of residents of all ages from multiple boroughs of nyc. Between july 1, 2016 and june 30, 2017, five boroughs music festival produced and co-produced 8 performances of 5 new programs:

Five boroughs music festival inc. Is organized for educational and charitable purposes, specifically to develop and conduct educational concerts and to provide high-quality musical performances in all five boroughs of new york city. Five boroughs music festival inc.'s unique purpose is to provide high- caliber concerts in all five boroughs of new york city (brooklyn, bronx, queens, staten island and manhattan), rather than focusing its efforts strictly in manhattan, which is common among organizations that promote appreciation for music in new york city. 5bmf's audiences are comprised of residents of all ages from multiple boroughs of nyc. Between july 1, 2017 and june 30, 2018, five boroughs music festival produced and co-produced 8 performances of 5 new programs:

Program Services

DescriptionGrantsExpenses
FIVE BOROUGH SONGBOOK, VOLUME II SEPTEMBER 16, 2017 | TRINITY LUTHERAN CHURCH, STATEN ISLAND. ATTENDANCE: 37 SEPTEMBER 17, 2017 | RIVERDALE-YONKERS SOCIETY FOR ETHICAL CULTURE, BRONX. ATTENDANCE: 58 STATEN ISLAND AND BRONX PREMIERES OF 20 NEWLY COMMISSIONED VOCAL WORKS BY 20 DIFFERENT COMPOSERS. ROLSTON QUARTET OCTOBER 13, 2017 | SOUTH OXFORD SPACE, BROOKLYN. ATTENDANCE: 45 AWARD-WINNING STRING QUARTET PRESENTING WORKS BY BEETHOVEN, DEBUSSY AND SCHUMANN. FIVE BOROUGH SONGBOOK, VOLUME II NOVEMBER 16, 2017 | NATIONAL SAWDUST, BROOKLYN. ATTENDANCE: 80 BROOKLYN PREMIERE OF 20 NEWLY COMMISSIONED VOCAL WORKS BY 20 DIFFERENT COMPOSERS. LORELEI ENSEMBLE FEBRUARY 9, 2018 | CHURCH OF ST. LUKE IN THE FIELDS, MANHATTAN. ATTENDANCE: 165 ACCLAIMED 9-VOICE ENSEMBLE PRESENTING A PROGRAM OF EARLY RENAISSANCE WORKS MELDED WITH CONTEMPORARY EASTERN, WESTERN AND AMERICAN SOUNDS. INTERNATIONAL CONTEMPORARY ENSEMBLE + UPBEAT NYC MARCH 31, 2018 | PREGONES THEATER, BRONX. ATTENDANCE: 105 ARTISTS FROM THE INTERNATIONAL CONTEMPORARY ENSEMBLE PERFORM NEW WORKS ALONGSIDE STUDENT MEMBERS OF UPBEAT NYC. TENET MAY 11, 2018 | KING MANOR MUSEUM, QUEENS. ATTENDANCE: 35 MAY 12, 2018 | CHRIST CHURCH RIVERDALE, BRONX. ATTENDANCE: 45 EARLY MUSIC ENSEMBLE PRESENTING INSTRUMENTAL AND VOCAL MUSIC OF THE 12TH AND 13TH CENTURY FRENCH TROUVRES.-$41,129
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSE BLUMBERGArtistic DirectorPT$3,500-$3,500
DONNA BREITZERExecutive DiPT$3,500-$3,500
EMILY KENNERLEYPresident-$0--
ROBERT W CONLEYTreasurer-$0--
LYNN NORRISSecretary-$0--
CATHERINE COCHRANBoard Member-$0--
KIRSTIN GRANTBoard Member-$0--
KATHERINE PECKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Five Boroughs Music Festival Inc
EIN
27-0773911
Phone
6465040545
Address
PO BOX 150060, BROOKLYN, NY 11215

Signing Officer

Name
Emily Kennerley
Title
President
Phone
6465040545
Signed
2018-11-10

Preparer

Firm
Peter Morales Tax Service
Address
209 LINCOLN PLACE APT 2A, BROOKLYN, NY 11217
Preparer
Peter Morales
Phone
7183982623
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 1,317 consulting pr 3,525 development and fundraising 806 travel and entertainment 2,328 travel and entertainment 73 liability insurance 386 total 8,435

Form 990-ez, Part I, Line 20

OTHER ADJUSTMENTS 13,748

Form 990-ez, Part III

Five boroughs music festival inc. Is organized for educational and charitable purposes, specifically to develop and conduct educational concerts and to provide high-quality musical performances in all five boroughs of new york city. Five boroughs music festival inc.'s unique purpose is to provide high- caliber concerts in all five boroughs of new york city (brooklyn, bronx, queens, staten island and manhattan), rather than focusing its efforts strictly in manhattan, which is common among organizations that promote appreciation for music in new york city. 5bmf's audiences are comprised of residents of all ages from multiple boroughs of nyc. Between july 1, 2017 and june 30, 2018, five boroughs music festival produced and co-produced 8 performances of 5 new programs:

Form 990-ez, Part III, Line 28

Five borough songbook, volume ii september 16, 2017 | trinity lutheran church, staten island. Attendance: 37 september 17, 2017 | riverdale-yonkers society for ethical culture, bronx. Attendance: 58 staten island and bronx premieres of 20 newly commissioned vocal works by 20 different composers. Rolston quartet october 13, 2017 | south oxford space, brooklyn. Attendance: 45 award-winning string quartet presenting works by beethoven, debussy and schumann. Five borough songbook, volume ii november 16, 2017 | national sawdust, brooklyn. Attendance: 80 brooklyn premiere of 20 newly commissioned vocal works by 20 different composers. Lorelei ensemble february 9, 2018 | church of st. Luke in the fields, manhattan. Attendance: 165 acclaimed 9-voice ensemble presenting a program of early renaissance works melded with contemporary eastern, western and american sounds. International contemporary ensemble + upbeat nyc march 31, 2018 | pregones theater, bronx. Attendance: 105 artists from the international contemporary ensemble perform new works alongside student members of upbeat nyc. Tenet may 11, 2018 | king manor museum, queens. Attendance: 35 may 12, 2018 | christ church riverdale, bronx. Attendance: 45 early music ensemble presenting instrumental and vocal music of the 12th and 13th century french trouvres.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FIVE BOROUGH SONGBOOK, VOLUME II SEPTEMBER 16, 2017 | TRINITY LUTHERAN CHURCH, STATEN ISLAND. ATTENDANCE: 37 SEPTEMBER 17, 2017 | RIVERDALE-YONKERS SOCIETY FOR ETHICAL CULTURE, BRONX. ATTENDANCE: 58 STATEN ISLAND AND BRONX PREMIERES OF 20 NEWLY COMMISSIONED VOCAL WORKS BY 20 DIFFERENT COMPOSERS. ROLSTON QUARTET OCTOBER 13, 2017 | SOUTH OXFORD SPACE, BROOKLYN. ATTENDANCE: 45 AWARD-WINNING STRING QUARTET PRESENTING WORKS BY BEETHOVEN, DEBUSSY AND SCHUMANN. FIVE BOROUGH SONGBOOK, VOLUME II NOVEMBER 16, 2017 | NATIONAL SAWDUST, BROOKLYN. ATTENDANCE: 80 BROOKLYN PREMIERE OF 20 NEWLY COMMISSIONED VOCAL WORKS BY 20 DIFFERENT COMPOSERS. LORELEI ENSEMBLE FEBRUARY 9, 2018 | CHURCH OF ST. LUKE IN THE FIELDS, MANHATTAN. ATTENDANCE: 165 ACCLAIMED 9-VOICE ENSEMBLE PRESENTING A PROGRAM OF EARLY RENAISSANCE WORKS MELDED WITH CONTEMPORARY EASTERN, WESTERN AND AMERICAN SOUNDS. INTERNATIONAL CONTEMPORARY ENSEMBLE + UPBEAT NYC MARCH 31, 2018 | PREGONES THEATER, BRONX. ATTENDANCE: 105 ARTISTS FROM THE INTERNATIONAL CONTEMPORARY ENSEMBLE PERFORM NEW WORKS ALONGSIDE STUDENT MEMBERS OF UPBEAT NYC. TENET MAY 11, 2018 | KING MANOR MUSEUM, QUEENS. ATTENDANCE: 35 MAY 12, 2018 | CHRIST CHURCH RIVERDALE, BRONX. ATTENDANCE: 45 EARLY MUSIC ENSEMBLE PRESENTING INSTRUMENTAL AND VOCAL MUSIC OF THE 12TH AND 13TH CENTURY FRENCH TROUVRES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIVE BOROUGHS MUSIC FESTIVAL INC. IS ORGANIZED FOR EDUCATIONAL AND CHARITABLE PURPOSES, SPECIFICALLY TO DEVELOP AND CONDUCT EDUCATIONAL CONCERTS AND TO PROVIDE HIGH-QUALITY MUSICAL PERFORMANCES IN ALL FIVE BOROUGHS OF NEW YORK CITY. FIVE BOROUGHS MUSIC FESTIVAL INC.'S UNIQUE PURPOSE IS TO PROVIDE HIGH- CALIBER CONCERTS IN ALL FIVE BOROUGHS OF NEW YORK CITY (BROOKLYN, BRONX, QUEENS, STATEN ISLAND AND MANHATTAN), RATHER THAN FOCUSING ITS EFFORTS STRICTLY IN MANHATTAN, WHICH IS COMMON AMONG ORGANIZATIONS THAT PROMOTE APPRECIATION FOR MUSIC IN NEW YORK CITY. 5BMF'S AUDIENCES ARE COMPRISED OF RESIDENTS OF ALL AGES FROM MULTIPLE BOROUGHS OF NYC. BETWEEN JULY 1, 2017 AND JUNE 30, 2018, FIVE BOROUGHS MUSIC FESTIVAL PRODUCED AND CO-PRODUCED 8 PERFORMANCES OF 5 NEW PROGRAMS:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FIVE BOROUGH SONGBOOK, VOLUME II SEPTEMBER 16, 2017 | TRINITY LUTHERAN CHURCH, STATEN ISLAND. ATTENDANCE: 37 SEPTEMBER 17, 2017 | RIVERDALE-YONKERS SOCIETY FOR ETHICAL CULTURE, BRONX. ATTENDANCE: 58 STATEN ISLAND AND BRONX PREMIERES OF 20 NEWLY COMMISSIONED VOCAL WORKS BY 20 DIFFERENT COMPOSERS. ROLSTON QUARTET OCTOBER 13, 2017 | SOUTH OXFORD SPACE, BROOKLYN. ATTENDANCE: 45 AWARD-WINNING STRING QUARTET PRESENTING WORKS BY BEETHOVEN, DEBUSSY AND SCHUMANN. FIVE BOROUGH SONGBOOK, VOLUME II NOVEMBER 16, 2017 | NATIONAL SAWDUST, BROOKLYN. ATTENDANCE: 80 BROOKLYN PREMIERE OF 20 NEWLY COMMISSIONED VOCAL WORKS BY 20 DIFFERENT COMPOSERS. LORELEI ENSEMBLE FEBRUARY 9, 2018 | CHURCH OF ST. LUKE IN THE FIELDS, MANHATTAN. ATTENDANCE: 165 ACCLAIMED 9-VOICE ENSEMBLE PRESENTING A PROGRAM OF EARLY RENAISSANCE WORKS MELDED WITH CONTEMPORARY EASTERN, WESTERN AND AMERICAN SOUNDS. INTERNATIONAL CONTEMPORARY ENSEMBLE + UPBEAT NYC MARCH 31, 2018 | PREGONES THEATER, BRONX. ATTENDANCE: 105 ARTISTS FROM THE INTERNATIONAL CONTEMPORARY ENSEMBLE PERFORM NEW WORKS ALONGSIDE STUDENT MEMBERS OF UPBEAT NYC. TENET MAY 11, 2018 | KING MANOR MUSEUM, QUEENS. ATTENDANCE: 35 MAY 12, 2018 | CHRIST CHURCH RIVERDALE, BRONX. ATTENDANCE: 45 EARLY MUSIC ENSEMBLE PRESENTING INSTRUMENTAL AND VOCAL MUSIC OF THE 12TH AND 13TH CENTURY FRENCH TROUVRES.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0209 LINCOLN PLACE APT 2A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011217
ReturnHeader/PreparerPersonGrp/PhoneNum07183982623
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER MORALES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-13T16:28:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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