Civic Intelligence

Elemental Strings Inc

990 • Fiscal year 2023 • EIN 27-3274582

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

1906 Olympic BlvdSanta Monica, CA 90404

(310) 220-0349

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$581,269

Up $195,069 (+51%) from 2022

Net Assets

Up

$367,571

Up $137,945 (+60%) from 2022

Liabilities

Up

$213,698

Up $57,124 (+36%) from 2022

Revenue And Expenses

Revenue

Up

$1,160,495

Up $458,305 (+65%) from 2022

Expenses

Up

$1,020,755

Up $345,934 (+51%) from 2022

Net Income

Up

$139,740

Up $112,371 (+411%) from 2022

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

2023

Assets$581,269
Liabilities$213,698
Net Assets$367,571

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

2023

Revenue$1,160,495
Expenses$1,020,755
Net Income$139,740
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$1,160,495
Mission and Program Overview

Mission

To inspire, train, and nuture young musicians on the westside of los angeles through collaborative ensemble and educational programs

To provide music education to students in los angeles county. Elemental music provided 13. Programs, served 648 students who performed in 25 live performances throughout the season.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$229,626$367,571▲ $137,945
Savings and Temporary Cash Investments$176,714$196,901▲ $20,187
Cash and Non-Interest-Bearing Accounts$123,151$136,647▲ $13,496
Accounts Receivable$79,335$99,553▲ $20,218
Prepaid Expenses and Deferred Charges$7,000--
Total Assets$386,200$581,269▲ $195,069
Other Assets Total-$148,168-
Liabilities
Deferred Revenue$156,574$213,698▲ $57,124
Total Liabilities$156,574$213,698▲ $57,124
Net Assets / Fund Balance
Total Net Assets Fund Balance$229,626$367,571▲ $137,945
Total Liabilities and Net Assets / Fund Balance$386,200$581,269▲ $195,069

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$736$736
Other Assets Org$148,168--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Marcia CapparelaPresident$102,604$102,604

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$509,096
Program Service Revenue
$427,418
Investment Income
$289
Other Revenue
$223,692
All Other Contributions
$327,665
Change in Net Assets
$139,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$788,079
Salaries, Compensation, and Employee Benefits$232,676
Total Fundraising Expense$105,226
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$582,749$14,925$17,345$615,019
Current Officers, Directors, Trustees, and Key Employees$35,911$35,911$30,782$102,604
Occupancy$52,459$17,342-$69,801
Other Employee Benefits$31,977$21,829$12,186$65,992
Other Salaries and Wages$44,856-$19,224$64,080
Office Expenses$12,018$14,511$24,667$51,196
Information Technology-$19,055-$19,055
Insurance$7,241$2,832$1,022$11,095
Fees for Services Accounting-$6,750-$6,750
All Other Expenses-$4,924-$4,924
Other Expenses$3,800$1,745-$1,745
Total Functional Expenses$775,705$139,824$105,226$1,020,755
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$102,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auctions$41,819$41,819-$41,819
Practice a Thon$18,781$18,781-$18,781
Total Events$102,701$102,701-$102,701
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
Yes
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 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
1906 OLYMPIC BLVD, SANTA MONICA, CA 90404

Signing Officer

Name
Josephine Moreschel
Title
Executive Director
Phone
3102200349
Signed
2024-05-13
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
54

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 181,895, Grants and allocations 0, Revenue 59,695 OUR BERGMANN PROJECT/ENCORE 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 ALSO PERFORM IN AN ANNUAL RECITAL. THE BERGMANN PROJECT/ENCORE RESTRICTED GRANT FUNDING TOTALED 47,700.

Form 990, Part III, Line 4D

Program Service Expenses 46,576, Grants and allocations 0, Revenue 28,855 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 29 STUDENTS GRADES 3-8 PARTICIPATED DURING THE 2022-2023 SEASON.

Form 990, Part III, Line 4D

Program Service Expenses 61,345, Grants and allocations 0, Revenue 36,325 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 2022-2023 SEASON, WE HAD 37 STUDENTS PARTICIPATE.

Form 990, Part III, Line 4D

Program Service Expenses 42,901, Grants and allocations 0, Revenue 25,473 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. 30 STUDENTS IN GRADES 3 THROUGH 6 PARTICIPATE DURING THE 2022-2023 SEASON.

Form 990, Part III, Line 4D

Program Service Expenses 61,656, Grants and allocations 0, Revenue 32,633 CHAMBER MUSIC INSTITUTE PROVIDES 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 2022-2023 SEASON, WE HAD 27 STUDENTS PARTICIPATE.

Form 990, Part III, Line 4D

Program Service Expenses 53,774, Grants and allocations 0, Revenue 22,713 WE LAUNCHED OUR FIRST IN-SCHOOL PROGRAM AT WESTMINSTER ELEMENTARY SCHOOL AND PROVIDED ALL STUDENTS IN GRADES 3 THROUGH 5 WITH GENERAL MUSIC INSTRUCTION TWICE A WEEK FROM JANUARY TO APRIL. 180 STUDENTS WERE SERVED THROUGH THIS PROGRAM.

Form 990, Part III, Line 4D

Program Service Expenses 39,671, Grants and allocations 0, Revenue 0 OUR TEACHING FELLOWSHIP LAUNCHED IN FALL 2022 WITH THE GOAL OF EXPANDING THE FUTURE POOL OF TEACHING ARTISTS IN SOUTHERN CALIFORNIA. THE PAID FELLOWSHIP FOR 4 FELLOWS CONSISTED OF SUPPORTING STAFF IN OUR WEEKLY ENSEMBLD PROGRAMS, 6 COHORT SESSIONS, AND HANDS-ON EXPERIENCE WORKING WITH OUR STUDENTS.

Form 990, Part III, Line 4D

Program Service Expenses 38,630, Grants and allocations 0, Revenue 24,186 WE LAUNCHED A NEW AFTERSCHOOL CHOIR AT BROADWAY ELEMENTARY SCHOOL FOR STUDENTS IN KINDERGARTEN THROUGH SECOND GRADE. STUDENTS LEARNED THE BASICS OF VOCAL TECHNIQUE, MATCHING PITCH, AND EVEN SINGING IN MULTIPLE LANGUAGES. STUDENTS RECEIVE 23 WEEKS OF INSTRUCTION WHICH CULMINATED IN A FINAL RECITAL IN MAY. A TOTAL OF 49 STUDENTS WERE SERVED BY THIS PROGRAM.

Form 990, Part III, Line 4D

Program Service Expenses 38,630, Grants and allocations 0, Revenue 24,186 A NEW AFTERSCHOOL CHOIR BEGAN AT BROADWAY ELEMENTARY SCHOOL FOR STUDENTS IN GRADES 3 THROUGH 5. STUDENTS LEARNED THE BASICS OF VOCAL TECHNIQUE, MATCHING PITCH, AND EVEN SINGING IN MULTIPLE LANGUAGES. STUDENTS RECEIVE 23 WEEKS OF INSTRUCTION WHICH CULMINATED IN A FINAL RECITAL IN MAY. A TOTAL OF 26 STUDENTS WERE SERVED BY THIS PROGRAM.

Form 990, Part III, Line 4D

Program Service Expenses 38,412, Grants and allocations 0, Revenue 18,114 A NEW BEGINNING STRINGS PROGRAM STARTED AT BROADWAY ELEMENTARY SCHOOL IN FALL OF 2022. STUDENTS HAD WEEKLY AFTERSCHOOL GROUP CLASSES ON VIOLIN AND CELLO FOR A TOTAL OF 23 WEEKS, AND PARTICIPATED IN A FINAL CONCERT SHOWCASING THEIR PROGRESS IN MAY 2023. 31 STUDENTS WERE SERVED BY THIS PROGRAM.

Form 990, Part IX, Line 11G

Total other fees - 615,019. Consist of teaching artists 262,887, program directors 120,830, program coordinator 6,992, teaching fellowship 22,817, director of operations 64,288, staff training 2,195, video recording 5,470. Scholarship lessons 11,110, bilingual coordinator 15,504. Development associate 14,442, donor relations manager 2,031. Receivership expenses 70,655, marketing 1,271, contract services 3,400, hr coordinator 4,761, payroll expense 3,383, hospitality 1,481, background checks 375, other misc cost 1,126.

Form 990, Part III, Line 2

Elemental music 3 new programs during the fiscal year. The teaching fellowship program with the goal of expaning the future pool of teaching artists in southern california. The paid fellowship for 4 fellow consist of supporting staff in our weekly ensemble program, 6 cohort sessions, and hands-on experience working with our students. Elemental music also started its first in-school program at westminster elementary school and provided all students in grades 3 through 5 with general music instruction twice a week from january to april. 180 students were served through this program. Elemental music launched new afterschool programs at broadway elementary school.

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IRS990/MissionDesc0ELEMENTAL MUSIC CELEBRATES MUSIC-MAKING AND BUILDS COMMUNITY THROUGH EXCEPTIONAL YOUTH EDUCATION PROGRAMS. WE ENVISION A COMMUNITY WHERE YOUTH ARE INSPIRED AND EMPOWERED THROUGH QUALITY MUSIC EDUCATION. OUR CORE VALUES ARE COMMUNITY, DIVERSITY AND INCLUSION, EQUITY, EXCELLENCE AND THE TRANSFORMATIVE POWER OF MUSIC.
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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 15 STUDENTS GRADES 3-5 WERE ENROLLED FOR THE 2023-2023 SEASON.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt013640
IRS990/ProgSrvcAccomActy3Grp/Desc0ELEMENTAL BANDOUR CONCERT BAND PROGRAM FOR 3RD THROUGH 6TH 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 2022-2023 SEASON WAS 22 STUDENTS.
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