Civic Intelligence

Moxart Inc.

990EZ • Fiscal year 2019 • EIN 27-3000157

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

124 Cornell RdBala Cynwyd, PA 19004

(610) 668-8807

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

12th percentile

-30%

Higher net margin than 12% 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

14th percentile

-34%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

8th percentile

-55%

Faster revenue growth than 8% of similar nonprofits.

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

Assets

Down

$47,386

Down $24,722 (-34%) from 2018

Net Assets

Down

$47,386

Down $24,722 (-34%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$82,635

Down $101,860 (-55%) from 2018

Expenses

Down

$107,357

Down $34,338 (-24%) from 2018

Net Income

Down

-$24,722

Down $67,522 (-158%) from 2018

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $26,762Liabilities 2016: $0Net Assets 2016: $26,7622016Assets 2017: $29,308Liabilities 2017: $0Net Assets 2017: $29,3082017Assets 2018: $72,108Liabilities 2018: $0Net Assets 2018: $72,1082018Assets 2019: $47,386Liabilities 2019: $0Net Assets 2019: $47,3862019Assets 2021: $30,303Liabilities 2021: $0Net Assets 2021: $30,3032021Assets 2022: $19,380Liabilities 2022: $0Net Assets 2022: $19,3802022Assets 2023: $27,699Liabilities 2023: $0Net Assets 2023: $27,6992023

Highlighted filing

2019

Assets$47,386
Liabilities$0
Net Assets$47,386

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $93,124Expenses 2016: $97,600Net Income 2016: -$4,4762016Revenue 2017: $119,473Expenses 2017: $116,627Net Income 2017: $2,8462017Revenue 2018: $184,495Expenses 2018: $141,695Net Income 2018: $42,8002018Revenue 2019: $82,635Expenses 2019: $107,357Net Income 2019: -$24,7222019Revenue 2021: $575Expenses 2021: $3,311Net Income 2021: -$2,7362021Revenue 2022: $14,973Expenses 2022: $25,896Net Income 2022: -$10,9232022Revenue 2023: $25,258Expenses 2023: $17,189Net Income 2023: $8,0692023

Highlighted filing

2019

Revenue$82,635
Expenses$107,357
Net Income-$24,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 26, 2020
Return Version
2019v5.0
Gross Receipts
$82,635
Mission and Program Overview

Mission

The musical mission is to provide unusual playing opportunities for amateur and pre-professional musicians. Moxart also supports worthy projects in the arts.

The musical mission is to provide unusual playing opportunities for amateur and pre-professional musicians; to provide funding for selected projects in the fine arts and education; and to provide technical and managerial assistance to other non-profits.

Program Services

DescriptionGrantsExpenses
Moxart Concerto Program provides an opportunity for advanced amateur and pre-professional musicians to perform a concerto with a fine orchestra. Each orchestra is paid approximately $7000, which is an easy fundraiser for them. These funds are unrestricted, and some have been used for musical scholarships. In 2019 nine players and three orchestras participated in the program. Total audience was about 1100.$4,400$26,500
Philadelphia Young Pianists Academy brings about 22 young pre-professional pianists, age 12 to 24 to a one week intensive program of classes with internationally famous pianists, and performances. This program moved out of Moxart in April, 2019; however Moxart still paid expenses for it through April. Grants shown here are only through April, 2019.$500$21,007
Moxart has partnered with the Ben Franklin Forum to fulfill its mission of supporting all fine arts. In 2019 Moxart worked with the Forum to provide educational scholarships, educational programs in visual arts and film, a commission in the visual arts, and an opportunity for a touring musical group to do extra performances.$3,200$9,200
The Moxart Open Recital Program provides opportunities for any musician -- amateur, pre-professional, and professional -- to perform for up to 20 minutes. Approximately 50 musicians and 150 audience members participated. There is no charge for the service. The very low expenses reflect that premises, setup, stage management and reception provisions were all donated.$365$425
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Betty MockPresidentPT$0--
Marc MostovoyVice PresidentPT$0--
Leonard AbbotBoard Member-$0--
Joseph LatzkoBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Moxart Inc
EIN
27-3000157
Phone
6106688807
Address
124 Cornell Rd, Bala Cynwyd, PA 19004

Signing Officer

Name
Betty Mock
Title
President
Phone
6106688807
Signed
2020-04-26
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

During 2019 Moxart acted as an agent to collect ticket revenue for PYPA, which was a Moxart program during part of the year. This ticket revenue was passed through to PYPA (see expenses).

Form 990-EZ, Part I, Line 10

The largest grant $17,901 was due to the PYPA program moving out of Moxart and to the newly created Yun Foundation, which began running that program in April, 2019. The grant consisted of funds which were raised by the operation of the program, and rightly should stay with it. There was a $4,200 grant to commission artwork, which was completed and went on tour. The remainder was in small amounts for various purposes.

Form 990-EZ, Part I, Line 16

The largest amounts are: $8,229 was a pass through: we acted as an agent for PYPA ticketing after they had formally left Moxart, and we sent them the money collected (which was entered as revenue). About $9,500 was spent in travel for PYPA, while they were still a Moxart program. Some travel was to network with international conservatories to locate qualified participants; most of the remainder was faculty travel costs from many international locations. About $7,000 was spent in travel to hold meetings about funding for various programs that we do in partnership with the Ben Franklin Global Forum.

Raw XML Appendix230 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Moxart Concerto Program provides an opportunity for advanced amateur and pre-professional musicians to perform a concerto with a fine orchestra. Each orchestra is paid approximately $7000, which is an easy fundraiser for them. These funds are unrestricted, and some have been used for musical scholarships. In 2019 nine players and three orchestras participated in the program. Total audience was about 1100.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Moxart has partnered with the Ben Franklin Forum to fulfill its mission of supporting all fine arts. In 2019 Moxart worked with the Forum to provide educational scholarships, educational programs in visual arts and film, a commission in the visual arts, and an opportunity for a touring musical group to do extra performances.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3The Moxart Open Recital Program provides opportunities for any musician -- amateur, pre-professional, and professional -- to perform for up to 20 minutes. Approximately 50 musicians and 150 audience members participated. There is no charge for the service. The very low expenses reflect that premises, setup, stage management and reception provisions were all donated.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0During 2019 Moxart acted as an agent to collect ticket revenue for PYPA, which was a Moxart program during part of the year. This ticket revenue was passed through to PYPA (see expenses).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The largest grant $17,901 was due to the PYPA program moving out of Moxart and to the newly created Yun Foundation, which began running that program in April, 2019. The grant consisted of funds which were raised by the operation of the program, and rightly should stay with it. There was a $4,200 grant to commission artwork, which was completed and went on tour. The remainder was in small amounts for various purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The largest amounts are: $8,229 was a pass through: we acted as an agent for PYPA ticketing after they had formally left Moxart, and we sent them the money collected (which was entered as revenue). About $9,500 was spent in travel for PYPA, while they were still a Moxart program. Some travel was to network with international conservatories to locate qualified participants; most of the remainder was faculty travel costs from many international locations. About $7,000 was spent in travel to hold meetings about funding for various programs that we do in partnership with the Ben Franklin Global Forum.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Betty Mock
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06106688807
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOXART INC
ReturnHeader/Filer/BusinessNameControlTxt0MOXA
ReturnHeader/Filer/EIN0273000157
ReturnHeader/Filer/PhoneNum06106688807
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 Cornell Rd
ReturnHeader/Filer/USAddress/CityNm0Bala Cynwyd
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019004
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.227.104.218
ReturnHeader/ReturnTs02020-04-27T17:52:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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