Civic Intelligence

Better Days Ahead Foundation Inc

990 • Fiscal year 2020 • EIN 27-0833416

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2020

3333 Ocean DriveVero Beach, FL 32963

(917) 439-5265

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

66th percentile

$94,514

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

2nd percentile

-46%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

14th percentile

-35%

Faster revenue growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$62,180

Down $52,357 (-46%) from 2019

Net Assets

Down

$62,180

Down $52,357 (-46%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$1,166,752

Down $623,904 (-35%) from 2019

Expenses

Down

$354,483

Down $98,048 (-22%) from 2019

Net Income

Down

$812,269

Down $525,856 (-39%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $98,130Liabilities 2015: $20,054Net Assets 2015: $78,0762015Assets 2016: $113,802Liabilities 2016: $13,493Net Assets 2016: $100,3092016Assets 2017: $126,564Liabilities 2017: $4,340Net Assets 2017: $122,2242017Assets 2018: $125,399Liabilities 2018: $524Net Assets 2018: $124,8752018Assets 2019: $114,537Liabilities 2019: $0Net Assets 2019: $114,5372019Assets 2020: $62,180Liabilities 2020: $0Net Assets 2020: $62,1802020Assets 2021: $622,485Liabilities 2021: $0Net Assets 2021: $622,4852021Assets 2023: $222,535Liabilities 2023: $0Net Assets 2023: $222,5352023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$62,180
Liabilities$0
Net Assets$62,180

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $319,357Expenses 2015: $241,281Net Income 2015: $78,0762015Revenue 2016: $470,967Expenses 2016: $448,734Net Income 2016: $22,2332016Revenue 2017: $596,211Expenses 2017: $574,296Net Income 2017: $21,9152017Revenue 2018: $813,588Expenses 2018: $810,937Net Income 2018: $2,6512018Revenue 2019: $1,790,656Expenses 2019: $452,531Net Income 2019: $1,338,1252019Revenue 2020: $1,166,752Expenses 2020: $354,483Net Income 2020: $812,2692020Revenue 2021: $1,018,433Expenses 2021: $228,652Net Income 2021: $789,7812021Revenue 2023: $489,306Expenses 2023: $429,775Net Income 2023: $59,5312023Revenue 2024: $311,243Expenses 2024: $533,778Net Income 2024: -$222,5352024

Highlighted filing

2020

Revenue$1,166,752
Expenses$354,483
Net Income$812,269
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2020
Return Version
2019v5.0
Gross Receipts
$1,166,752
Mission and Program Overview

Mission

Organize, promote and present live staged events, using a portion of the proceeds from tickets sales to assist local or national non profits as well as local performing arts venues

Organize, promote and present live staged events, using a portion of the proceeds from ticket sales to support selected local not for profits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,901$62,180▼ $64,721
Total Assets$126,901$62,180▼ $64,721
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$126,901$62,180▼ $64,721
Total Net Assets Fund Balance$126,901$62,180▼ $64,721
Total Liabilities and Net Assets / Fund Balance$126,901$62,180▼ $64,721

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$7,021$7,021
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Michael ReuterSecretaryFT$94,514$94,514
Stuart Rusty YoungCEO/chairmanFT$40,000$40,000
Marty ParisTreasurerPT$17,540$17,540
Revenue and Support

Revenue Composition

Contributions and Grants
$23,472
Program Service Revenue
$1,124,710
Investment Income
$0
Other Revenue
$18,570
All Other Contributions
$23,472
Change in Net Assets
$812,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$313,754
Grants and Similar Amounts Paid$40,729
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$125,765$38,114-$163,879
Advertising$39,641$3,157-$42,798
Grants to Domestic Orgs$40,729--$40,729
Occupancy$26,577$7,200-$33,777
Insurance$3,465$7,624-$11,089
Travel$7,865--$7,865
Office Expenses-$7,555-$7,555
Information Technology$2,350$5,200-$7,550
All Other Expenses$6,199--$6,199
Other Expenses$7,133$3,680-$3,680
Total Functional Expenses$278,086$76,397$0$354,483
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various Not for ProfitsVero Beach, FL--$18,200
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael ReuterSecretaryMrc ProductionYes$94,514
Stuart Rusty YoungCeo/presidentMusic Works L3cYes$40,000
Marty ParisTreasurerParis ProductionNo$17,540
Stacey YoungCEO'S WIFETicketing ServicesNo$8,744
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 8A

Governing body does not document any meetings

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

Board will meet and review the 990 prior to accountant filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon written request.

Filing and Contact Details

Filer

Filer Name
Music Works Inc
EIN
27-0833416
Phone
9174395265
Address
3333 OCEAN DRIVE, VERO BEACH, FL 32963

Signing Officer

Name
Stuart Rusty Young
Title
CEO/chairman
Signed
2020-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stuart Rusty Young
Formed
2009
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
NUTTALL DONINI & ASSOCIATES CPA'S
Address
3055 CARDINAL DR STE 301, VERO BEACH, FL 32963
Preparer
Scott a Nuttall CPA
Phone
7722311040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Artist fees 93,750 0 0 paris production 3,683 4,385 0 mrc productions inc. 19,932 23,729 0 music works l3c 8,400 10,000 0 total 125,765 38,114 0

Form 990, Part XI, Line 9

990-t deductions -750,357 -126,633 is the assumed activity from tax year 2018, which would include business activity from july 1, 2018 through june 30, 2019. Records are unavailable or incomplete.

Raw XML AppendixShowing 400 of 406 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY DOES NOT DOCUMENT ANY MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD WILL MEET AND REVIEW THE 990 PRIOR TO ACCOUNTANT FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTIST FEES 93,750 0 0 PARIS PRODUCTION 3,683 4,385 0 MRC PRODUCTIONS INC. 19,932 23,729 0 MUSIC WORKS L3C 8,400 10,000 0 TOTAL 125,765 38,114 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4990-T DEDUCTIONS -750,357 -126,633 IS THE ASSUMED ACTIVITY FROM TAX YEAR 2018, WHICH WOULD INCLUDE BUSINESS ACTIVITY FROM JULY 1, 2018 THROUGH JUNE 30, 2019. RECORDS ARE UNAVAILABLE OR INCOMPLETE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0MARTY
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1STUART
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0PARIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt1RUSTY YOUNG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0PARIS PRODUCTIONS
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1MUSIC WORKS L3C LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0455020328
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PUBLIC REL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01831 RED OAK TERRACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt13333 OCEAN DRIVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0VERO BEACH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1VERO BEACH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1FL
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MRC PRODUCTIONS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt010790 MOORE DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0PARKLAND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd033076
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt017540
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt194915
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt240000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0NET INCOME
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1NET INCOME
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2NET INCOME
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PARIS PRODUCTION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MRC PRODUCTION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2MUSIC WORKS L3C LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2L
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IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0126901
IRS990/TotalAssetsEOYAmt062180
IRS990/TotalAssetsGrp/BOYAmt0126901
IRS990/TotalAssetsGrp/EOYAmt062180
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt023472
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076397
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0278086
IRS990/TotalFunctionalExpensesGrp/TotalAmt0354483
IRS990/TotalGrossUBIAmt0843475
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126901
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt062180
IRS990/TotalOtherCompensationAmt0152054
IRS990/TotalProgramServiceExpensesAmt0278086
IRS990/TotalProgramServiceRevenueAmt01124710
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0299805
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01166752
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0843475
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0126901
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062180
IRS990/TransactionWithControlEntInd0true
IRS990/TravelGrp/ProgramServicesAmt07865
IRS990/TravelGrp/TotalAmt07865
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03333 OCEAN DRIVE
IRS990/USAddress/CityNm0VERO BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032963
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MUSICWORKSCONCERTS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STUART RUSTY YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSIC WORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0270833416
ReturnHeader/Filer/PhoneNum09174395265
ReturnHeader/Filer/USAddress/AddressLine1Txt03333 OCEAN DRIVE
ReturnHeader/Filer/USAddress/CityNm0VERO BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032963
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831606361
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NUTTALL DONINI & ASSOCIATES CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03055 CARDINAL DR STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VERO BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032963
ReturnHeader/PreparerPersonGrp/PhoneNum07722311040
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-26

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