Civic Intelligence

Elemental Music

990 • Fiscal year 2022 • EIN 27-3274582

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 28, 2023

1830 Lincoln Blvd Apt 102Santa Monica, CA 90404

(310) 220-0349

Siviq Scores

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

Liabilities / Assets

84th percentile

0.41x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.22x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

45th percentile

3.9%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

75th percentile

22%

Faster asset growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

48%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$386,200

Up $68,650 (+22%) from 2021

Net Assets

Up

$229,626

Up $27,871 (+14%) from 2021

Liabilities

Up

$156,574

Up $40,779 (+35%) from 2021

Revenue

Up

$702,190

Up $226,701 (+48%) from 2021

Expenses

Up

$674,821

Up $172,673 (+34%) from 2021

Net Income

Up

$27,369

Up $54,028 (+203%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $80,701Liabilities 2014: $12,030Net Assets 2014: $68,6712014Assets 2015: $75,751Liabilities 2015: $13,425Net Assets 2015: $62,3262015Assets 2016: $89,233Liabilities 2016: $18,559Net Assets 2016: $70,6742016Assets 2017: $90,299Liabilities 2017: $17,254Net Assets 2017: $73,0452017Assets 2018: $266,521Liabilities 2018: $174,111Net Assets 2018: $92,4102018Assets 2021: $317,550Liabilities 2021: $115,795Net Assets 2021: $201,7552021Assets 2022: $386,200Liabilities 2022: $156,574Net Assets 2022: $229,6262022Assets 2023: $581,269Liabilities 2023: $213,698Net Assets 2023: $367,5712023Assets 2024: $633,382Liabilities 2024: $292,984Net Assets 2024: $340,3982024Assets 2025: $1,135,847Liabilities 2025: $968,669Net Assets 2025: $167,1782025

Highlighted filing

2022

Assets$386,200
Liabilities$156,574
Net Assets$229,626

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $168,541Expenses 2014: $133,249Net Income 2014: $35,2922014Revenue 2015: $177,854Expenses 2015: $184,199Net Income 2015: -$6,3452015Revenue 2016: $261,624Expenses 2016: $254,060Net Income 2016: $7,5642016Revenue 2017: $343,128Expenses 2017: $340,757Net Income 2017: $2,3712017Revenue 2018: $452,363Expenses 2018: $433,165Net Income 2018: $19,1982018Revenue 2021: $475,489Expenses 2021: $502,148Net Income 2021: -$26,6592021Revenue 2022: $702,190Expenses 2022: $674,821Net Income 2022: $27,3692022Revenue 2023: $1,160,495Expenses 2023: $1,020,755Net Income 2023: $139,7402023Revenue 2024: $1,060,340Expenses 2024: $1,093,074Net Income 2024: -$32,7342024Revenue 2025: $1,212,017Expenses 2025: $1,272,848Net Income 2025: -$60,8312025

Highlighted filing

2022

Revenue$702,190
Expenses$674,821
Net Income$27,369
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 28, 2023
Return Version
2021v4.2
Gross Receipts
$702,190
Mission and Program Overview

Mission

Elemental music celebrates music-making and builds community through exceptional youth education programs. Our core values are community, diversity and inclusion, equity, excellence, and the transformative power of music.

To provide music education to students in los angeles county. Elemental music provided 8 programs, served 285 students who performed in 21 virtual and live performances throughout the season.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$201,755$229,626▲ $27,871
Savings and Temporary Cash Investments$143,988$176,714▲ $32,726
Cash and Non-Interest-Bearing Accounts$137,245$123,151▼ $14,094
Accounts Receivable$33,917$79,335▲ $45,418
Prepaid Expenses and Deferred Charges$2,400$7,000▲ $4,600
Total Assets$317,550$386,200▲ $68,650
Liabilities
Deferred Revenue$70,363$156,574▲ $86,211
Unsecured Notes Loans Payable$45,432--
Total Liabilities$115,795$156,574▲ $40,779
Net Assets / Fund Balance
Total Net Assets Fund Balance$201,755$229,626▲ $27,871
Total Liabilities and Net Assets / Fund Balance$317,550$386,200▲ $68,650

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$736$736
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$339,495
Program Service Revenue
$276,884
Investment Income
$-12,213
Other Revenue
$98,024
All Other Contributions
$272,214
Change in Net Assets
$27,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,783
Salaries, Compensation, and Employee Benefits$265,559
Total Fundraising Expense$49,857
Grants and Similar Amounts Paid$33,479
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$224,820$14,566$16,722$256,108
Current Officers, Directors, Trustees, and Key Employees$57,634$40,343$17,290$115,267
Other Salaries and Wages$109,763--$109,763
Occupancy$39,854$12,306-$52,160
Payroll Taxes$31,924$3,510$1,515$36,949
Grants to Domestic Individuals$33,479--$33,479
Office Expenses$9,604$8,320$14,330$32,254
Insurance$6,891$2,842-$9,733
Fees for Services Accounting-$7,722-$7,722
Information Technology-$6,156-$6,156
Pension Plan Contributions-$3,580-$3,580
Other Expenses$2,900$2,738-$2,738
All Other Expenses-$2,438-$2,438
Total Functional Expenses$520,443$104,521$49,857$674,821
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,592
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Raising Parties$16,456$16,456-$16,456
Pratice-a-thon$15,138$15,138-$15,138
Total Events$52,592$52,592-$52,592
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 19

The organizations governing documents have been submitted to the california attorney generals office and are open for public inspection pursuant to the requirements of the attorney general of the state of california. The governing documents, conflict of interest policy and financial statements are open for public inspection upon request.

Form 990, Part VI, Line 11B

The organization uses an independent accounting firm to prepare the annual form 990 and related schedules. Form 990 is provided to the organizations executive director and treasurer and is reviewed for any obvious errors and omissions.

Filing and Contact Details

Filer

Filer Name
Elemental Music
EIN
27-3274582
Phone
3102200349
Address
1830 LINCOLN BLVD APT 102, SANTA MONICA, CA 90404

Signing Officer

Name
Josephine Moreschel
Title
Executive Director
Phone
3102200349
Signed
2023-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josephine Moerschel
Formed
2010
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
34

Preparer

Firm
Robert D Heinrich CPA Inc
Address
PO BOX 50467, PASADENA, CA 91115
Preparer
Robert D Heinrich
Phone
6265849501
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 177,402, Grants and allocations 0, Revenue 53,340 OUR BERGMANN PROJECT PROVIDED 90 SOCIO-ECONOMICALLY DISADVANTAGED STUDENTS IN THE SMMUSD WITH YEAR-ROUND PRIVATE INSTRUCTION INCLUDING THROUGH THE SUMMER MONTHS. STUDENTS ARE IN GRADES 4 THROUGH 12 WITH WEEKLY LESSON RANGING FROM 30 TO 60 MINUTES DEPENDING ON THE AGE AND LEVEL OF THE STUDENT. ALL STUDENTS MUST PERFORM IN AN ANNUAL RECITAL. THE BERGMANN PROJECT/ENCORE RESTRICTED GRANT FUNDING TOTALED 45,500.

Form 990, Part III, Line 4D

Program Service Expenses 54,705, Grants and allocations 0, Revenue 28,210 ELEMENTAL GUITAR BUDDING YOUNG CLASSICAL GUITARISTS HAVE A FUN AND ENGAGING ENSEMBLE OPPORTUNITY TO COLLABORATE WITH THEIR PEERS, AND WORK WITH AN OUTSTANDING STAFF. IN-PERSON INSTRUCTION TOOK PLACE WEEKLY FROM LATE SEPTEMBER THROUGH LATE MAY, AND CHILDREN PERFORMED IN 3 CONCERTS, IN DECEMBER, MARCH AND LATE MAY. A TOTAL OF 28 STUDENTS GRADES 3-8 PARTICIPATED DURING THE 2021-2022 SEASON.

Form 990, Part III, Line 4D

Program Service Expenses 57,070, Grants and allocations 0, Revenue 38,914 ACADEMY PHILHARMONIC OUR MIDDLE SCHOOL FULL ORCHESTRA PROGRAM PROVIDES STRING, WIND AND BRASS STUDENTS IN GRADES 6 THROUGH 8 WITH AN ENGAGING ENSEMBLE EXPERIENCE. IN-PERSON INSTRUCTION TOOK PLACE WEEKLY FROM LATE SEPTEMBER THROUGH LATE MAY, AND CHILDREN PERFORMED IN 3 CONCERTS IN DECEMBER, MARCH AND LATE JUNE. DURING THE 2021-2022 SEASON, WE HAD 42 STUDENTS PARTICIPATE.

Form 990, Part III, Line 4D

Program Service Expenses 33,604, Grants and allocations 0, Revenue 11,825 ELEMENTAL CHOIR PROVIDES YOUNG SINGERS WITH THE CHANCE TO LEARN DIFFERENT MUSICAL STYLES, SING IN DIFFERENT LANGUAGES, AND DEVELOP THEIR FUNDAMENTALS IN MUSIC NOTE-READING AS WELL AS VOCAL TECHNIQUE. IN-PERSON INSTRUCTION TOOK PLACE FROM LATE SEPTEMBER THROUGH LATE MAY, AND CHILDREN PERFORMED IN 3 CONCERTS, IN DECEMBER, MARCH, AND LATE MAY. WE HAD 14 STUDENTS IN GRADES 3 THROUGH 5 PARTICIPATE DURING THE 2021-2022 SEASON.

Form 990, Part III, Line 4D

Program Service Expenses 57,580, Grants and allocations 0, Revenue 37,875 CHAMBER MUSIC INSTITUTE IS ELEMENTAL MUSICS NEWEST PROGRAM, PROVIDING STUDENTS IN GRADES 6 THROUGH 12 WITH THE OPPORTUNITY TO WORK IN SMALL CHAMBER ENSEMBLES WITH OUTSTANDING STAFF. STUDENTS RECEIVED 24 WEEKLY REHEARSAL/COACHINGS, HAD 2 GUEST MASTERCLASSES, AND PERFORMED IN A FINAL RECITAL IN MAY. DURING THE 2021-2022 SEASON, WE HAD 33 STUDENTS PARTICIPATE.

Form 990, Part IX, Line 11G

Total other fees for service - column a 256,108. Column b other fees for service consist of teaching artists 81,978., program directors 102,848. Director of operations 22,870. Video recording 3,600. Scholarship lesson program 11,730. Column c - other fees for service consist of marketing 886. Translator 6,903. Hr 2,641. Graphic design 1,200. Contract services 2,550. Other consulting 405. Column d - other fees for service consist of development associate 12,061. Grant writing 4,661.

Form 990, Part III, Line 2

Elemental musics newest program is the chamber music institute. This program allows students in grades 6 through 12 to participate in small chamber music ensembles. Students receive 24 weekly rehearsal/coachings and perform in a final recital.

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IRS990/ProgSrvcAccomActy2Grp/Desc0PRELUDE PROGRAM OUR BEGINNING STRING PROGRAM PROVIDES STUDENTS WITH A THOROUGH FOUNDATION AND PREPARES THEM FOR PARTICIPATION IN ELEMENTAL STRINGS IN THE FUTURE. IN-PERSON INSTRUCTION TOOK PLACE WEEKLY FROM LATE SEPTEMBER THROUGH LATE MAY, AND CHILDREN PERFORMED IN 3 CONCERTS, IN DECEMBER, MARCH, AND MAY. A TOTAL OF 21 STUDENTS GRADES 3-4 WERE ENROLLED FOR THE 2021-2022 SEASON.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ELEMENTAL BANDOUR CONCERT BAND PROGRAM FOR 3RD THROUGH 5TH GRADE STUDENTS WAS LAUNCHED IN 2013. IN-PERSON INSTRUCTION TOOK PLACE FROM LATE SEPTEMBER THROUGH LATE MAY, AND CHILDREN PERFORMED IN 3 CONCERTS, IN DECEMBER, MARCH, AND LATE MAY. TOTAL ENROLLMENT FOR THE 2021-2022 SEASON WAS 14 STUDENTS.
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