Civic Intelligence

Lyra Music Inc.

990EZ • Fiscal year 2015 • EIN 30-0801912

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 21, 2016

57 Robinson StBeacon, NY 12508

(917) 622-0395

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2015 filings • NTEE A68 • <$500k nonprofits • Source year 2015

Top Officer Pay

76th percentile

$6,500

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2015 filings • NTEE A68 • <$500k nonprofits • Source year 2015

Asset Growth

91st percentile

172%

Faster asset growth than 91% of similar nonprofits.

2015 filings • NTEE A68 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

16%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • NTEE A68 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$15,441

Up $9,757 (+172%) from 2014

Net Assets

Up

$15,441

Up $9,757 (+172%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$75,420

Up $10,125 (+16%) from 2014

Expenses

Down

$65,663

Down $7,443 (-10%) from 2014

Net Income

Up

$9,757

Up $17,568 (+225%) from 2014

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $5,684Net Assets 2014: $5,6842014Assets 2015: $15,441Net Assets 2015: $15,4412015Assets 2016: $38,034Net Assets 2016: $38,0342016Assets 2017: $23,676Net Assets 2017: $23,6762017Assets 2018: $44,128Net Assets 2018: $44,1282018Assets 2019: $60,289Net Assets 2019: $60,2892019Assets 2020: $65,673Liabilities 2020: $160Net Assets 2020: $65,5132020

Highlighted filing

2015

Assets$15,441
Liabilities-
Net Assets$15,441

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $65,295Expenses 2014: $73,106Net Income 2014: -$7,8112014Revenue 2015: $75,420Expenses 2015: $65,663Net Income 2015: $9,7572015Revenue 2016: $114,646Expenses 2016: $92,053Net Income 2016: $22,5932016Revenue 2017: $96,964Expenses 2017: $116,855Net Income 2017: -$19,8912017Revenue 2018: $130,961Expenses 2018: $110,509Net Income 2018: $20,4522018Revenue 2019: $120,609Expenses 2019: $104,448Net Income 2019: $16,1612019Revenue 2020: $60,677Expenses 2020: $52,403Net Income 2020: $8,2742020

Highlighted filing

2015

Revenue$75,420
Expenses$65,663
Net Income$9,757
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 21, 2016
Return Version
2015v2.0
Gross Receipts
$75,420
Mission and Program Overview

Mission

The mission of lyra music is to enrich the lives of youth and build community through classical music. Founded in 2010 with a vision of enhancing the lives of young musicians and enriching communities through classical music training and performance, lyra music supports the musical, emotional and personal development of every participant through a nurturing, non-competitive environment where each student is encouraged to reach their full potential. Lyra music produces an annual summer workshop and music festival as well as a youth music competition for string players and pianists.lyra students are young musicians, ages 11-18, immersed in a supportive, nurturing community where they live, work, and play with their peers and the dedicated lyra faculty and staff.

Our exempt purpose is to use our events and workshops to educate the general public, focusing primarily on children, about classical music and to increase the appreciation, love and understanding of classical music. Lyra's mission is to share its founders' passion for classical music, joy of performing, and commitment to excellence with students of the workshop and our community. We are included as "charitable" as an organization that includes the "advancement of education..." and "promotion of social welfare." We are also organized and operated for "educational" purposes.

Program Services

DescriptionGrantsExpenses
Scholarships/Financial Aid, 7 people benefited$5,675-
Early Bird Registration Discounts, 6 people benefited$1,075-
Outreach Concerts at Nursing Homes, 200 people benefited$100-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Akiko SasakiExecutive DirectorPT$6,500-$6,500
Mary PrescottPresident & CEOPT$6,500-$6,500
Paula ScullyDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Lyra Music Inc
EIN
30-0801912
Phone
9176220395
Address
57 Robinson St, Beacon, NY 12508

Signing Officer

Name
Akiko Sasaki
Title
Executive Director
Signed
2016-09-21

Preparer

Firm
Vida Tax Service
Address
PO Box 1836, Baldwin, NY 11510
Preparer
Laurence Luckman
Phone
2125353482
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $893

Other Expenses.1012

Insurance $1750

Other Expenses.1

piano rental/ moving/ tuning $5250

Other Expenses.2

car rental gas artist transpor $1948

Other Expenses.3

event meals/ food $1817

Other Expenses.4

competition cash prizes $1311

Other Expenses.5

outing/ activities $776

Other Expenses.6

supplies (office/activity) $692

Other Expenses.7

concert hall piano tuning $125

Raw XML Appendix145 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/BooksInCareOfDetail/PhoneNum09176220395
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt057 Robinson St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Beacon
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012508
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05684
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015441
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt014135
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt09757
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013195
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt16500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Akiko Sasaki
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mary Prescott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Paula Scully
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014562
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Our exempt purpose is to use our events and workshops to educate the general public, focusing primarily on children, about classical music and to increase the appreciation, love and understanding of classical music. Lyra's mission is to share its founders' passion for classical music, joy of performing, and commitment to excellence with students of the workshop and our community. We are included as "charitable" as an organization that includes the "advancement of education..." and "promotion of social welfare." We are also organized and operated for "educational" purposes.
IRS990EZ/PrintingPublicationsPostageAmt0100
IRS990EZ/ProgramServiceRevenueAmt061285
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Early Bird Registration Discounts, 6 people benefited
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Scholarships/Financial Aid, 7 people benefited
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Outreach Concerts at Nursing Homes, 200 people benefited
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01075
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15675
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt2100
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt013000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt065663
IRS990EZ/TotalProgramServiceExpensesAmt06850
IRS990EZ/TotalRevenueAmt075420
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lyrasummermusic.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023595
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt061915
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01508
IRS990ScheduleA/OtherIncome170Grp/TotalAmt063423
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt023595
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010090
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023595
IRS990ScheduleA/TotalSupportAmt087018
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $893
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2piano rental/ moving/ tuning $5250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3car rental gas artist transpor $1948
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4event meals/ food $1817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5competition cash prizes $1311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6outing/ activities $776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7supplies (office/activity) $692
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8concert hall piano tuning $125
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Akiko Sasaki
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lyra Music Inc
ReturnHeader/Filer/BusinessNameControlTxt0LYRA
ReturnHeader/Filer/EIN0300801912
ReturnHeader/Filer/PhoneNum09176220395
ReturnHeader/Filer/USAddress/AddressLine1Txt057 Robinson St
ReturnHeader/Filer/USAddress/CityNm0Beacon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012508
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vida Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1836
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Baldwin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011510
ReturnHeader/PreparerPersonGrp/PhoneNum02125353482
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURENCE LUCKMAN
ReturnHeader/ReturnTs02016-10-03T10:12:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings