Civic Intelligence

Metropolis Ensemble Inc.

990 • Fiscal year 2015 • EIN 34-2047561

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

34-33 84th StreetQueens, NY 11372

(917) 573-2633

Siviq Scores

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

Liabilities / Assets

59th percentile

0.02x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

86th percentile

32%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

96th percentile

$60,300

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

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

Asset Growth

76th percentile

29%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

38th percentile

-5.2%

Faster revenue growth than 38% of similar nonprofits.

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

Assets

Up

$466,150

Up $105,476 (+29%) from 2014

Net Assets

Up

$458,244

Up $102,727 (+29%) from 2014

Liabilities

Up

$7,906

Up $2,749 (+53%) from 2014

Revenue

Down

$325,136

Down $17,986 (-5.2%) from 2014

Expenses

Down

$222,409

Down $1,394 (-0.6%) from 2014

Net Income

Down

$102,727

Down $16,592 (-14%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $240,396Liabilities 2012: $10,296Net Assets 2012: $230,1002012Assets 2013: $244,725Liabilities 2013: $8,527Net Assets 2013: $236,1982013Assets 2014: $360,674Liabilities 2014: $5,157Net Assets 2014: $355,5172014Assets 2015: $466,150Liabilities 2015: $7,906Net Assets 2015: $458,2442015Assets 2016: $519,650Liabilities 2016: $5,823Net Assets 2016: $513,8272016Assets 2017: $592,642Liabilities 2017: $6,990Net Assets 2017: $585,6522017Assets 2018: $621,885Liabilities 2018: $8,483Net Assets 2018: $613,4022018Assets 2019: $653,372Liabilities 2019: $3,474Net Assets 2019: $649,8982019Assets 2020: $699,407Liabilities 2020: $35,745Net Assets 2020: $663,6622020Assets 2021: $859,538Liabilities 2021: $38,853Net Assets 2021: $820,6852021Assets 2022: $763,492Liabilities 2022: $15,090Net Assets 2022: $748,4022022Assets 2023: $817,028Liabilities 2023: $13,606Net Assets 2023: $803,4222023Assets 2024: $870,877Liabilities 2024: $15,474Net Assets 2024: $855,4032024

Highlighted filing

2015

Assets$466,150
Liabilities$7,906
Net Assets$458,244

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $356,3252012Expenses 2013: $211,0582013Revenue 2014: $343,122Expenses 2014: $223,803Net Income 2014: $119,3192014Revenue 2015: $325,136Expenses 2015: $222,409Net Income 2015: $102,7272015Revenue 2016: $321,840Expenses 2016: $266,257Net Income 2016: $55,5832016Revenue 2017: $393,123Expenses 2017: $321,298Net Income 2017: $71,8252017Revenue 2018: $239,020Expenses 2018: $211,270Net Income 2018: $27,7502018Revenue 2019: $431,170Expenses 2019: $325,929Net Income 2019: $105,2412019Revenue 2020: $402,127Expenses 2020: $388,363Net Income 2020: $13,7642020Revenue 2021: $434,901Expenses 2021: $276,314Net Income 2021: $158,5872021Revenue 2022: $493,931Expenses 2022: $566,214Net Income 2022: -$72,2832022Revenue 2023: $518,271Expenses 2023: $460,950Net Income 2023: $57,3212023Revenue 2024: $491,323Expenses 2024: $437,041Net Income 2024: $54,2822024

Highlighted filing

2015

Revenue$325,136
Expenses$222,409
Net Income$102,727
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$325,136
Mission and Program Overview

Mission

Metropolis Ensemble is a nonprofit professional chamber orchestra dedicated to emerging the next generation of performers and composers.

Metropolis Ensemble is dedicated to sharing artistic connections between emerging composers and performers with audiences in settings meant to inspire a new generation of music lovers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$303,995$401,492▲ $97,497
Cash and Non-Interest-Bearing Accounts$56,679$64,658▲ $7,979
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$360,674$466,150▲ $105,476
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,157$7,906▲ $2,749
Total Liabilities$5,157$7,906▲ $2,749
Net Assets / Fund Balance
Unrestricted Net Assets$351,277$458,244▲ $106,967
Temporarily Rstr Net Assets$4,240--
Total Net Assets Fund Balance$355,517$458,244▲ $102,727
Total Liabilities and Net Assets / Fund Balance$360,674$466,150▲ $105,476
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrew CyrArtistic DirectFT$60,300$60,300

Board Members and Trustees

NameTitle
June WuChairperson
Glenn SchoenfeldVice Chair
Candice MadeyBoard Member
Edward SienBoard Member
Jeff GuidaBoard Member
Jennifer SalomonBoard Member
Mali Sananikone GawBoard Member
Edward JonesPres. Emeritus
Mikhail IiievTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$248,447
Program Service Revenue
$75,191
Investment Income
$1,498
Other Revenue
$0
All Other Contributions
$213,502
Change in Net Assets
$102,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,709
Salaries, Compensation, and Employee Benefits$69,700
Total Fundraising Expense$18,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$78,754$3,172-$81,926
Current Officers, Directors, Trustees, and Key Employees$48,000$6,000$6,000$60,000
All Other Expenses$5,970$7,100$2,665$15,735
Payroll Taxes$4,880$610$610$6,100
Advertising$4,646$581$580$5,807
Insurance-$5,770-$5,770
Other Expenses$5,290$593$593$5,290
Fees for Services Accounting-$4,316-$4,316
Other Employee Benefits-$3,600-$3,600
Total Functional Expenses$165,136$39,171$18,102$222,409
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

990 reviewed by artistic and associate directors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board votes on compensation and benefits for employees.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board votes on compensation and benefits for employees.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Metropolis Ensemble Inc
EIN
34-2047561
Phone
9175732633
Address
34-33 84TH STREET, QUEENS, NY 11372

Signing Officer

Name
Andrew Cyr
Title
Executive Director
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
9
Employees
1
Volunteers
25

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 1105, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
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IRS990/MissionDesc0Metropolis Ensemble is dedicated to sharing artistic connections between emerging composers and performers with audiences in settings meant to inspire a new generation of music lovers.Rooted in the conception of music as a living art-form, continuously renewed, new works by emerging composers provide the focal point of each concert and marketing initiative, while the associations and ramifications from sources that inspire new works are also explored in Metropolis' programming. By closely working with young composers whose points of inspiration come from diverse musical spheres - pop, electronica, jazz, world, rock, classical, modern and folk - each concert promises to display a kaleidoscopic sense of intertwined musical collaboration between artists and genres present and past.Metropolis Ensemble provides vital support to the next generation of composers by fostering the commission, creation, recording, radio and television broadcasting, online video and audio streaming, free digital
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