Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Music Conservatory of Sandpoint Inc.
990EZ • Fiscal year 2016 • EIN 27-1017841
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.34x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 10.0% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Balance Sheet
Assets
Down$11,593
Down $45,405 (-80%) from 2015
Net Assets
Down$7,622
Down $38,438 (-83%) from 2015
Liabilities
Down$3,971
Down $6,967 (-64%) from 2015
Revenue And Expenses
Revenue
Down$179,358
Down $11,028 (-5.8%) from 2015
Expenses
Up$202,764
Up $21,824 (+12%) from 2015
Net Income
Down-$23,406
Down $32,852 (-348%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2015 to Jul 31, 2016
- Signed
- Sep 6, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $179,358
Mission and Program Overview
Mission
The purpose of music conservatory of sandpoint is to provide affordable quality music education, to nurture creativity and to help students experience the joy and benefits of music through continuous classes and programs that are available to students of all ages and abilities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FORMED IN SEPTEMBER 2009, THE SCHOOL HAS GROWN FROM THREE CLASSES AND 13 STUDENTS TO AN ORGANIZATION THAT NOW BOASTS MULTIPLE GROUP CLASSES, OVER A DOZEN INSTRUCTORS AND MORE THAN 100 STUDENTS. | - | $142,777 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KARIN WEDEMEYER | Founder | FT | $17,912 | - | $17,912 |
| NATALIE COMINO | Vice Preside | PT | $9,091 | - | $9,091 |
| KATHI SAMUELS | President | PT | $0 | - | - |
| ALISHA DAWSON | Secretary | PT | $0 | - | - |
| KATA WATERS | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Music Conservatory of Sandpoint
- EIN
- 27-1017841
- Phone
- 2082654444
- Address
- PO BOX 907, SANDPOINT, ID 83864
Signing Officer
- Name
- Karin Wedemeyer
- Title
- Founder
- Phone
- 2082654444
- Signed
- 2017-09-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Platte & Associates Llp
- Address
- 312 S FIRST AVENUE, SANDPOINT, ID 83864
- Preparer
- Andrew T Platte CPA Pa
- Phone
- 2082630959
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 3,659 office expenses 7,209 travel expense 524 insurance 845 bank fees 1,298 event expenses 4,461 instruction materials 343 instructor fees 82,453 instrument expense 4,916 meals & entertainment 666 summer camp expenses 273 artist exchange program 1,418 bad debt 2,355 miscellaneous 1,991 permits and licenses 24 dues and fees 1,040 equipment rental 900 non-investment depreciation 275 total 114,650”
Form 990-ez, Part II, Line 24
“Accounts receivable 4,201 470 inventories for sale or use 49 49 prepaid expenses and deferred charges 1,512 0 piano 0 5,500 less accumulated depreciation 0 275 security deposit 0 2,630 total 5,762 8,374”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 687 2,933 other current liabilities 0 1,038”
Form 990-ez, Part III
“The purpose of music conservatory of sandpoint is to provide affordable quality music education, to nurture creativity and to help students experience the joy and benefits of music through continuous classes and programs that are available to students of all ages and abilities.”
Raw XML Appendix149 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ALYCE ISPERESCO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2082654444 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 217 CEDAR ST 230 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SANDPOINT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ID |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 83864 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 25953 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 3219 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 74749 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -23406 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 12372 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31715 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 11593 |
| IRS990EZ/GrossReceiptsAmt | 0 | 179358 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31028 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7622 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31028 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7622 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 35744 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 17912 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 9091 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KARIN WEDEMEYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHI SAMUELS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ALISHA DAWSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KATA WATERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | NATALIE COMINO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | FOUNDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VICE PRESIDE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5762 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8374 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 114650 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF MUSIC CONSERVATORY OF SANDPOINT IS TO PROVIDE AFFORDABLE QUALITY MUSIC EDUCATION, TO NURTURE CREATIVITY AND TO HELP STUDENTS EXPERIENCE THE JOY AND BENEFITS OF MUSIC THROUGH CONTINUOUS CLASSES AND PROGRAMS THAT ARE AVAILABLE TO STUDENTS OF ALL AGES AND ABILITIES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 19 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 104609 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FORMED IN SEPTEMBER 2009, THE SCHOOL HAS GROWN FROM THREE CLASSES AND 13 STUDENTS TO AN ORGANIZATION THAT NOW BOASTS MULTIPLE GROUP CLASSES, OVER A DOZEN INSTRUCTORS AND MORE THAN 100 STUDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 142777 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 39979 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | ID |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 687 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3971 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 202764 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 142777 |
| IRS990EZ/TotalRevenueAmt | 0 | 179358 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SANDPOINTCONSERVATORY.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 179358 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 190386 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 142209 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 109650 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 621603 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 621603 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 179358 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 190386 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 142209 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 109650 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 621603 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 179358 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 190386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 142209 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 109650 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 621603 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 3,659 OFFICE EXPENSES 7,209 TRAVEL EXPENSE 524 INSURANCE 845 BANK FEES 1,298 EVENT EXPENSES 4,461 INSTRUCTION MATERIALS 343 INSTRUCTOR FEES 82,453 INSTRUMENT EXPENSE 4,916 MEALS & ENTERTAINMENT 666 SUMMER CAMP EXPENSES 273 ARTIST EXCHANGE PROGRAM 1,418 BAD DEBT 2,355 MISCELLANEOUS 1,991 PERMITS AND LICENSES 24 DUES AND FEES 1,040 EQUIPMENT RENTAL 900 NON-INVESTMENT DEPRECIATION 275 TOTAL 114,650 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 4,201 470 INVENTORIES FOR SALE OR USE 49 49 PREPAID EXPENSES AND DEFERRED CHARGES 1,512 0 PIANO 0 5,500 LESS ACCUMULATED DEPRECIATION 0 275 SECURITY DEPOSIT 0 2,630 TOTAL 5,762 8,374 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 687 2,933 OTHER CURRENT LIABILITIES 0 1,038 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PURPOSE OF MUSIC CONSERVATORY OF SANDPOINT IS TO PROVIDE AFFORDABLE QUALITY MUSIC EDUCATION, TO NURTURE CREATIVITY AND TO HELP STUDENTS EXPERIENCE THE JOY AND BENEFITS OF MUSIC THROUGH CONTINUOUS CLASSES AND PROGRAMS THAT ARE AVAILABLE TO STUDENTS OF ALL AGES AND ABILITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KARIN WEDEMEYER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FOUNDER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2082654444 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-09-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MUSIC CONSERVATORY OF SANDPOINT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MUSI |
| ReturnHeader/Filer/EIN | 0 | 271017841 |
| ReturnHeader/Filer/PhoneNum | 0 | 2082654444 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 907 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SANDPOINT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 83864 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263405106 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PLATTE & ASSOCIATES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 312 S FIRST AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SANDPOINT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 83864 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2082630959 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-09-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANDREW T PLATTE CPA PA |
| ReturnHeader/ReturnTs | 0 | 2017-09-07T12:14:39-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-07-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
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.
- Assets
- $11,593
- Liabilities
- $3,971
- Net assets
- $7,622
- Revenue
- $179,358
- Expenses
- $202,764
- Net income
- -$23,406