Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Cultural Bridges Music Group Inc
EIN 32-0688257 • 501(c)3 • New York, NY
Profile
SEE SCH O
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
22.61x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Down$1,067
Down $1,295 (-55%) from 2023
Liabilities
Up$24,129
Up $5,759 (+31%) from 2023
Net Assets
Down-$23,062
Down $7,054 (-44%) from 2023
Revenue
Up$1,465
Up $1,259 (+611%) from 2023
Expenses
Up$10,056
Up $1,405 (+16%) from 2023
Net Income
Down-$8,591
Down $146 (-1.7%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,067
- Liabilities
- $24,129
- Net assets
- -$23,062
- Revenue
- $1,465
- Expenses
- $10,056
- Net income
- -$8,591
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $1.07 | $24.1 | $23.1 | $1.47 | $10.1 | $8.59 |
| 2023Detailed filing. Detailed filing data is available for this year. | $2.36 | $18.4 | $16.0 | $0.21 | $8.65 | $8.45 |
| 2022Detailed filing. Detailed filing data is available for this year. | $2.26 | $10.7 | $8.47 | $0.56 | $8.23 | $7.67 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Aug 15, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $1,465
Mission and Program Overview
Mission
SEE SCH O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCH. O | - | $6,017 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NICHOLAS BELASCO | Int President Secretary Treas | PT | $0 | - | - |
| DAN FUJITA | Director Chair | - | $0 | - | - |
| ELDAR KURBANBAEV | Director From 6202024 | - | $0 | - | - |
| JAMES LASAK | Director From 6202024 | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Cultural Bridges Music Group Inc
- EIN
- 32-0688257
- Address
- 2578 BROADWAY NO 543, NEW YORK, NY 10025-5642
Signing Officer
- Name
- Nicholas Belasco
- Title
- Interim Preside
- Phone
- 4842544997
- Signed
- 2025-08-15
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountFOREIGN CURRENCY LOSS 1,451FOREIGN TAX EXPENSE 347GOVERNMENT FEES 1,706INFORMATION TECHNOLOGY 59INTEREST EXPENSE 1,209OFFICE EXPENSE 1,212TRAVEL 60”
Other changes in net assets or fund balances Part I line 20
“Description AmountFX TRANSLATION ADJUSTMENT 1,537”
Description of other assets Part II line 24
“Category Beginning of Year End of YearNONTRADE RECEIVABLES 90 12PREPAID EXPENSES 79 209REFUNDABLE DEPOSIT 0 201”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearADVANCED STARTUP EXPENSES 18,163 24,104NONTRADE PAYABLES 25 25FOREIGN TAXES PAYABLE 182 0”
Part III response or note to any other line in Part III
“Description of the organizations mission:to conceive and present stimulating concerts with unique artists. Part iii, line 28:the organization intends to expand and enhance the publics experience with classical music. It will produce and present piano recitals, chamber music, vocal concerts, as well as thematic multimedia performances that integrate music with other art forms and are accessible to diverse audiences. To prepare for future programming, the organization conducted research on artists and content, explored funding models, reviewed comparative data, consulted with legal counsel, and entered into service agreements.”
Raw XML Appendix154 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 645 |
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| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8591 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4012 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountCntryCd | 0 | BE |
| IRS990EZ/ForeignFinancialAccountInd | 0 | true |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2362 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1067 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1465 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 29 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 24104 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -16008 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -23062 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NICHOLAS BELASCO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAN FUJITA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ELDAR KURBANBAEV |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JAMES LASAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | INT PRESIDENT SECRETARY TREAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR FROM 6202024 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR FROM 6202024 |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 169 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 422 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 1537 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6044 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCH O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCH. O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 6017 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 18370 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 24129 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 10056 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 6017 |
| IRS990EZ/TotalRevenueAmt | 0 | 1465 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | 2022: FOREIGN CURRENCY GAIN 84 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Other income Part II line 10 or Part III line 12 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1436 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 105 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 556 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 2097 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 29 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 17 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 46 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 29 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 17 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 46 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 84 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 84 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2097 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1436 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 105 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 556 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2097 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1465 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 206 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 556 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2227 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 24104 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | STARTUP FUNDING |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 24104 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | NICHOLAS BELASCO |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | SCHEDULE L, PART II, LINE 1:A 35% CONTROLLED ENTITY OF THE DIRECTOR/OFFICER NAMED IN PART II, LINE 1 HAS GRANTED THE ORGANIZATION A CREDIT FACILITY. INTEREST INCURRED BY THE ORGANIZATION IN CONNECTION WITH THE CREDIT FACILITY IS AN AT-COST REIMBURSEMENT OF THE INTEREST CHARGED TO THE LENDER BY ITS OWN UNRELATED CREDITOR ON THE AMOUNTS BORROWED BY THE ORGANIZATION. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Supplemental Information for Schedule L |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 24104 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountFOREIGN CURRENCY LOSS 1,451FOREIGN TAX EXPENSE 347GOVERNMENT FEES 1,706INFORMATION TECHNOLOGY 59INTEREST EXPENSE 1,209OFFICE EXPENSE 1,212TRAVEL 60 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountFX TRANSLATION ADJUSTMENT 1,537 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearNONTRADE RECEIVABLES 90 12PREPAID EXPENSES 79 209REFUNDABLE DEPOSIT 0 201 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearADVANCED STARTUP EXPENSES 18,163 24,104NONTRADE PAYABLES 25 25FOREIGN TAXES PAYABLE 182 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION OF THE ORGANIZATIONS MISSION:TO CONCEIVE AND PRESENT STIMULATING CONCERTS WITH UNIQUE ARTISTS. PART III, LINE 28:THE ORGANIZATION INTENDS TO EXPAND AND ENHANCE THE PUBLICS EXPERIENCE WITH CLASSICAL MUSIC. IT WILL PRODUCE AND PRESENT PIANO RECITALS, CHAMBER MUSIC, VOCAL CONCERTS, AS WELL AS THEMATIC MULTIMEDIA PERFORMANCES THAT INTEGRATE MUSIC WITH OTHER ART FORMS AND ARE ACCESSIBLE TO DIVERSE AUDIENCES. TO PREPARE FOR FUTURE PROGRAMMING, THE ORGANIZATION CONDUCTED RESEARCH ON ARTISTS AND CONTENT, EXPLORED FUNDING MODELS, REVIEWED COMPARATIVE DATA, CONSULTED WITH LEGAL COUNSEL, AND ENTERED INTO SERVICE AGREEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part III response or note to any other line in Part III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NICHOLAS BELASCO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | INTERIM PRESIDE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4842544997 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CULTURAL BRIDGES MUSIC GROUP INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CULT |
| ReturnHeader/Filer/EIN | 0 | 320688257 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2578 BROADWAY NO 543 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 100255642 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/ReturnTs | 0 | 2025-08-15T16:36:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-09-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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