Civic Intelligence

Elemental Strings Inc

990 • Fiscal year 2024 • EIN 27-3274582

Jul 01, 2023 to Jun 30, 2024 • Filed on May 09, 2012

1906 Olympic BlvdSanta Monica, CA 90404

(310) 220-0349

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.46x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.28x

Higher debt load relative to revenue than 72% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-3.1%

Higher net margin than 32% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2024

Asset Growth

82nd percentile

26%

Faster asset growth than 82% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Revenue Growth

75th percentile

31%

Faster revenue growth than 75% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Assets

Up

$633,382

Up $52,113 (+9.0%) from 2023

Net Assets

Down

$340,398

Down $27,173 (-7.4%) from 2023

Liabilities

Up

$292,984

Up $79,286 (+37%) from 2023

Revenue

Down

$1,060,340

Down $100,155 (-8.6%) from 2023

Expenses

Up

$1,093,074

Up $72,319 (+7.1%) from 2023

Net Income

Down

-$32,734

Down $172,474 (-123%) from 2023

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

2024

Assets$633,382
Liabilities$292,984
Net Assets$340,398

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

2024

Revenue$1,060,340
Expenses$1,093,074
Net Income-$32,734
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2012
Return Version
2023v6.0
Gross Receipts
$1,090,101
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
Savings and Temporary Cash Investments$196,901$218,120▲ $21,219
Accounts Receivable$99,553$160,593▲ $61,040
Cash and Non-Interest-Bearing Accounts$136,647$142,778▲ $6,131
Land, Buildings, and Equipment, Net-$82,391-
Total Assets$581,269$633,382▲ $52,113
Other Assets Total$148,168$29,500▼ $118,668
Liabilities
Deferred Revenue$213,698$292,984▲ $79,286
Total Liabilities$213,698$292,984▲ $79,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$367,571$217,106▼ $150,465
Net Assets With Donor Restrictions-$123,292-
Total Net Assets Fund Balance$367,571$340,398▼ $27,173
Total Liabilities and Net Assets / Fund Balance$581,269$633,382▲ $52,113

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$82,391$6,335$88,726
Equipment-$736$736
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marcia CapparelaPresident
Allison Van EttenDirector
Arati Desai WagabazaDirector
Brian DriscollDirector
Christo RitterDirector
Janie DocterDirector
Kay TidwellDirector
Kenneth BurgomasterDirector
Omar LoveDirector
Josephine MoerschelExecutive Director
Brenda BensonSecretary
Victor KomlosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$559,987
Program Service Revenue
$492,353
Investment Income
$8,000
Other Revenue
$0
All Other Contributions
$333,768
Change in Net Assets
$-32,734

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table625$26,875Fair Market Value
Total Noncash Contributions625$26,875-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$830,741
Salaries, Compensation, and Employee Benefits$262,333
Total Fundraising Expense$88,466
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$548,438$9,523$19,276$577,237
Current Officers, Directors, Trustees, and Key Employees$44,800$92,400$44,800$182,000
Occupancy$109,118$6,551-$115,669
Payroll Taxes-$67,793-$67,793
Office Expenses$8,765$24,296$24,390$57,451
Fees for Services Management-$22,500-$22,500
Insurance$10,981$3,895-$14,876
Other Expenses$4,300$12,051-$12,051
Information Technology-$10,938-$10,938
Pension Plan Contributions-$9,949-$9,949
Depreciation Depletion-$6,335-$6,335
Fees for Services Accounting-$4,300-$4,300
Other Employee Benefits-$2,591-$2,591
All Other Expenses-$2,206-$2,206
Fees for Services Legal-$100-$100
Total Functional Expenses$729,180$275,428$88,466$1,093,074
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Raising Gala$50,874$50,874-$50,874
Practice a Thon$19,453$19,453-$19,453
Total Events$89,623$89,623-$89,623
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
Yes
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
2012-05-09
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 178,783, Grants and allocations 0, Revenue 60,480 OUR BERGMANN PROJECT/ENCORE PROVIDED 96 SOCIO-ECONOMICALLY DISADVANTAGED STUDENTS IN THE SMMUSD WITH YEAR-ROUND PRIVATE INSTRUCTION, INCLUDING THROUGH THE SUMMER MONTHS. STUDENTS ARE IN GRADES 4 THROUGH 12 AND RECEIVE 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 12,500

Form 990, Part III, Line 4D

Program Service Expenses 34,994, Grants and allocations 0, Revenue 27,377 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 24 STUDENTS GRADES 3-8 PARTICIPATED DURING THE 2023-2024 SEASON.

Form 990, Part III, Line 4D

Program Service Expenses 54,135, Grants and allocations 0, Revenue 41,814 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 2023-2024 SEASON, WE HAD 40 STUDENTS PARTICIPATE. RECEIVED A 3,000 GRANT FROM THE CITY OF SANTA MONICA.

Form 990, Part III, Line 4D

Program Service Expenses 30,233, Grants and allocations 0, Revenue 36,252 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. 36 STUDENTS IN GRADES 3 THROUGH 6 PARTICIPATE DURING THE 2023-2024 SEASON.

Form 990, Part III, Line 4D

Program Service Expenses 56,101, Grants and allocations 0, Revenue 67,916 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 2023-2024 SEASON, WE HAD 54 STUDENTS PARTICIPATE.

Form 990, Part III, Line 4D

Program Service Expenses 71,371, Grants and allocations 0, Revenue 49,500 OUR IN-SCHOOL PROGRAM AT WESTMINSTER ELEMENTARY SCHOOL PROVIDED ALL STUDENTS FROM K THROUGH 5 WITH GENERAL MUSIC INSTRUCTION FROM SEPTEMBER THROUGH MARCH. 328 STUDENTS WERE SERVED THROUGH THIS PROGRAM.

Form 990, Part III, Line 4D

Program Service Expenses 41,473, Grants and allocations 0, Revenue 8,500 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 ENSEMBLE PROGRAMS, 6 COHORT SESSIONS, AND HANDS-ON EXPERIENCE WORKING WITH OUR STUDENTS. RECEIVED A GRANT OF 25,000 FROM SNAP FOUNDATION AND 5,000 FROM HENNINGS FISCHER FOUNDATION.

Form 990, Part III, Line 4D

Program Service Expenses 25,218, Grants and allocations 0, Revenue 24,000 OUR BROADWAY SINGERS WAS AN 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 27 WEEKS OF INSTRUCTION WHICH CULMINATED IN A FINAL RECITAL IN MAY. A TOTAL OF 32 STUDENTS WERE SERVED BY THIS PROGRAM.

Form 990, Part III, Line 4D

Program Service Expenses 24,635, Grants and allocations 0, Revenue 25,500 OUR BROADWAY CHORUS SERVES SINGERS BROADWAY ELEMENTARY SCHOOL 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 28,997, Grants and allocations 0, Revenue 15,057 BROADWAY STRINGS WAS OUR BEGINNING STRINGS PROGRAM AT BROADWAY ELEMENTARY SCHOOL. STUDENTS HAD 27 WEEKLY 2-HOUR REHEARSALS AFTERSCHOOL CLASSES, AND PERFORMED IN 3 CONCERTS, IN DECEMBER, MARCH AND MAY. 17 STUDENTS WERE SERVED THROUGH THIS PROGRAM.

Form 990, Part III, Line 4D

Program Service Expenses 34,612, Grants and allocations 0, Revenue 15,375 BROADWAY ORCHESTRA WAS OUR INTERMEDIATE STRINGS PROGRAM AT BROADWAY ELEMENTARY SCHOOL. STRING STUDENTS DEVELOPED THEIR TECHNIQUE AND MUSIC THEORY IN WEEKLY 2-HOUR REHEARSALS AFTER SCHOOL AND PERFORMED IN 3 CONCERTS, IN DECEMBER, MARCH AND MAY. A TOTAL OF 16 STUDENTS PARTICIPATED IN HIS PROGRAM.

Form 990, Part IX, Line 11G

Total other fees - 577,237. Consist of teaching artists 286,640 program directors 129,238, program coordinator 9,888, teaching fellowship 21,185, director of operations 70.000, staff training 2,043, video recording 3,746. Scholarship lessons 5,360, bilingual coordinator 15,962. Development associate 14,442, administrative services 3,350. Marketing 1,332, hospitality 2.393, hr coordinator 1,359, other misc cost 1,089, developmental associate 10,708, donor relations manager 5,469, auction expense 1,299, event musicians 800, development consultant 1,000.

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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/PrincipalOfficerNm0JOSEPHINE MOERSCHEL
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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 16 STUDENTS GRADES 3-5 WERE ENROLLED FOR THE 2023-2024 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 2023-2024 SEASON WAS 27 STUDENTS.
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