Civic Intelligence

Music Unites Inc.

990 • Fiscal year 2019 • EIN 27-0872124

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 26, 2020

2700 Neilson WaySanta Monica, CA 90405

(201) 768-7684

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$370,340

Up $72,006 (+24%) from 2018

Net Assets

Up

$364,533

Up $72,006 (+25%) from 2018

Liabilities

Flat

$5,807

Flat from 2018

Revenue

Up

$99,178

Up $31,870 (+47%) from 2018

Expenses

Down

$23,457

Down $17,468 (-43%) from 2018

Net Income

Up

$75,721

Up $49,338 (+187%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $51,753Liabilities 2010: $5,579Net Assets 2010: $46,1742010Assets 2011: $70,766Liabilities 2011: $811Net Assets 2011: $69,9552011Assets 2012: $152,055Liabilities 2012: $649Net Assets 2012: $151,4062012Assets 2013: $179,898Liabilities 2013: $371Net Assets 2013: $179,5272013Assets 2014: $176,034Liabilities 2014: $1,803Net Assets 2014: $174,2312014Assets 2015: $176,267Liabilities 2015: $5,187Net Assets 2015: $171,0802015Assets 2016: $208,087Liabilities 2016: $1,904Net Assets 2016: $206,1832016Assets 2017: $267,988Liabilities 2017: $1,844Net Assets 2017: $266,1442017Assets 2018: $298,334Liabilities 2018: $5,807Net Assets 2018: $292,5272018Assets 2019: $370,340Liabilities 2019: $5,807Net Assets 2019: $364,5332019Assets 2020: $549,974Liabilities 2020: $3,812Net Assets 2020: $546,1622020Assets 2021: $554,724Liabilities 2021: $0Net Assets 2021: $554,7242021Assets 2022: $435,818Liabilities 2022: $0Net Assets 2022: $435,8182022Assets 2023: $430,375Liabilities 2023: $0Net Assets 2023: $430,3752023

Highlighted filing

2019

Assets$370,340
Liabilities$5,807
Net Assets$364,533

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2010: $73,2492010Expenses 2011: $57,4952011Expenses 2012: $32,8372012Revenue 2013: $103,860Expenses 2013: $75,739Net Income 2013: $28,1212013Revenue 2014: $64,516Expenses 2014: $69,812Net Income 2014: -$5,2962014Revenue 2015: $51,203Expenses 2015: $54,354Net Income 2015: -$3,1512015Revenue 2016: $67,719Expenses 2016: $33,922Net Income 2016: $33,7972016Revenue 2017: $87,587Expenses 2017: $27,626Net Income 2017: $59,9612017Revenue 2018: $67,308Expenses 2018: $40,925Net Income 2018: $26,3832018Revenue 2019: $99,178Expenses 2019: $23,457Net Income 2019: $75,7212019Revenue 2020: $212,876Expenses 2020: $56,691Net Income 2020: $156,1852020Revenue 2021: $8,200Expenses 2021: $3,450Net Income 2021: $4,7502021Revenue 2022: $5,143Expenses 2022: $124,049Net Income 2022: -$118,9062022Revenue 2023: $3,016Expenses 2023: $8,459Net Income 2023: -$5,4432023

Highlighted filing

2019

Revenue$99,178
Expenses$23,457
Net Income$75,721
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 26, 2020
Return Version
2019v5.0
Gross Receipts
$99,178
Mission and Program Overview

Mission

PLEASE SEE SCH O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$298,334$370,340▲ $72,006
Loans From Officers Directors$1,012$1,012→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$298,334$370,340▲ $72,006
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,795$4,795→ $0
Total Liabilities$5,807$5,807→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$292,527$364,533▲ $72,006
Total Net Assets Fund Balance$292,527$364,533▲ $72,006
Total Liabilities and Net Assets / Fund Balance$298,334$370,340▲ $72,006

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$3,186$3,186
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron GlickmanChairman
Michelle EdgarPresident
Ed ChapmanDirector
Jon CohenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$99,178
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$99,178
Change in Net Assets
$75,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,457
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$15,884$100-$15,984
Office Expenses-$5,623-$5,623
Fees for Services Accounting-$1,850-$1,850
Total Functional Expenses$15,884$7,573$0$23,457
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,012$1,012→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Based on By-Laws

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Music Unites Inc
EIN
27-0872124
Phone
2017687684
Address
2700 Neilson Way, Santa Monica, CA 90405

Signing Officer

Name
Michelle Edgar
Title
President
Signed
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
De
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Jaffe & Associates Inc
Address
16255 VENTURA BLVD STE 1240, ENCINO, CA 91436
Preparer
George Meguerian MBA
Phone
8187899059
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purposes for which the corporation is formed include: (a) to promotethe performance and appreciation of music and the performing arts througheducation programs and by offering well-known and emerging musiciansperformance opportunities in a variety of venues and locations, includingschools: (b) to enhance the appreciation of music by enabling the public toexperience new musical forms and genres through exposure to an increasinglydiverse world of music; (c) to further charitable and educational causes;(d) to solicit, collect and otherwise raise money for the foregoingpurposes and to expend, contribute, disburse and otherwise handle anddispose of the same for such purposes, either directly or by contributionsto other agencies, organizations or institutions organized for the same orsimilar purposes; (e) to assist in harmonizing and making more efficientthe work of charitable and educational organizations with similar purposes,by cooperating with and assisting such organizations; and (f) to do any andall things necessary or proper in connection with or incidental to any ofthe foregoing.Form 990, Part VI, Line 11b - Organization's Process to Review Form 990All officers and directors are given a copy of Form 990 prior to submissionfor review.Form 990, Part VI, Line 12c - Enforcement of Conflicts PolicyAll Officers and directors are questioned annually about the conflict ofinterest policy.Form 990, Part VI, Line 19 - Governing Documents Disclosure ExplanationCopies of Tax Return are available upon written request

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IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01012
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt015660
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Michelle Edgar
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt01012
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Based on By-Laws
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The purposes for which the corporation is formed include: (a) to promotethe performance and appreciation of music and the performing arts througheducation programs and by offering well-known and emerging musiciansperformance opportunities in a variety of venues and locations, includingschools: (b) to enhance the appreciation of music by enabling the public toexperience new musical forms and genres through exposure to an increasinglydiverse world of music; (c) to further charitable and educational causes;(d) to solicit, collect and otherwise raise money for the foregoingpurposes and to expend, contribute, disburse and otherwise handle anddispose of the same for such purposes, either directly or by contributionsto other agencies, organizations or institutions organized for the same orsimilar purposes; (e) to assist in harmonizing and making more efficientthe work of charitable and educational organizations with similar purposes,by cooperating with and assisting such organizations; and (f) to do any andall things necessary or proper in connection with or incidental to any ofthe foregoing.Form 990, Part VI, Line 11b - Organization's Process to Review Form 990All officers and directors are given a copy of Form 990 prior to submissionfor review.Form 990, Part VI, Line 12c - Enforcement of Conflicts PolicyAll Officers and directors are questioned annually about the conflict ofinterest policy.Form 990, Part VI, Line 19 - Governing Documents Disclosure ExplanationCopies of Tax Return are available upon written request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 - ORGANIZATION'S MISSION
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0298334
IRS990/TotalAssetsEOYAmt0370340
IRS990/TotalAssetsGrp/BOYAmt0298334
IRS990/TotalAssetsGrp/EOYAmt0370340
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt099178
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07573
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015884
IRS990/TotalFunctionalExpensesGrp/TotalAmt023457
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05807
IRS990/TotalLiabilitiesEOYAmt05807
IRS990/TotalLiabilitiesGrp/BOYAmt05807
IRS990/TotalLiabilitiesGrp/EOYAmt05807
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0292527
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0364533
IRS990/TotalProgramServiceExpensesAmt015884
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099178
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0298334
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0370340
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02700 Neilson Way 629
IRS990/USAddress/CityNm0Santa Monica
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090405
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MUSICUNITES.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE EDGAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSIC UNITES INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0270872124
ReturnHeader/Filer/PhoneNum02017687684
ReturnHeader/Filer/USAddress/AddressLine1Txt02700 Neilson Way
ReturnHeader/Filer/USAddress/CityNm0Santa Monica
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090405
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202804587
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAFFE & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016255 VENTURA BLVD STE 1240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENCINO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091436
ReturnHeader/PreparerPersonGrp/PhoneNum08187899059
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George Meguerian MBA
ReturnHeader/ReturnTs02020-07-30T10:40:44-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.30$0.00$4.30$0.03$0.08$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.00$4.36$0.05$1.24$1.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$0.00$5.55$0.08$0.03$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.04$5.46$2.13$0.57$1.56
2019Detailed filing. Detailed filing data is available for this year.$3.70$0.06$3.65$0.99$0.23$0.76
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.06$2.93$0.67$0.41$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.02$2.66$0.88$0.28$0.60
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.02$2.06$0.68$0.34$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.76$0.05$1.71$0.51$0.54$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.76$0.02$1.74$0.65$0.70$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$1.04$0.76$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.01$1.51$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.01$0.70$0.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.06$0.46$0.73