Civic Intelligence

Music Accord Inc

EIN 35-2237120 • 501(c)4 • New York, NY

Profile

Promote music among young and upcoming artists

340 West 55th Street Room 10BNew York, NY 10019

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2022

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

22nd percentile

-23%

Faster asset growth than 22% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$87,852

Up $3,379 (+4.0%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$87,852

Up $3,379 (+4.0%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$67,500

Down $2,600 (-3.7%) from 2023

Expenses

Down

$64,421

Down $21,586 (-25%) from 2023

Net Income

Up

$3,079

Up $18,986 (+119%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2014: $136,655Net Assets 2014: $136,6552014Assets 2018: $235,662Net Assets 2018: $235,6622018Assets 2019: $241,621Net Assets 2019: $241,6212019Assets 2020: $203,716Net Assets 2020: $203,7162020Assets 2021: $131,193Net Assets 2021: $131,1932021Assets 2022: $100,380Net Assets 2022: $100,3802022Assets 2023: $84,473Net Assets 2023: $84,4732023Assets 2024: $87,852Liabilities 2024: $0Net Assets 2024: $87,8522024

Highlighted filing

2024

Assets$87,852
Liabilities$0
Net Assets$87,852
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2014: $67,500Expenses 2014: $77,193Net Income 2014: -$9,6932014Revenue 2018: $85,004Expenses 2018: $71,803Net Income 2018: $13,2012018Revenue 2019: $52,507Expenses 2019: $46,548Net Income 2019: $5,9592019Revenue 2020: $37,500Expenses 2020: $75,405Net Income 2020: -$37,9052020Expenses 2021: $73,0332021Expenses 2022: $30,8292022Revenue 2023: $70,100Expenses 2023: $86,007Net Income 2023: -$15,9072023Revenue 2024: $67,500Expenses 2024: $64,421Net Income 2024: $3,0792024

Highlighted filing

2024

Revenue$67,500
Expenses$64,421
Net Income$3,079
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,852
Liabilities
$0
Net assets
$87,852
Revenue
$67,500
Expenses
$64,421
Net income
$3,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.68$0.64$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.84$0.84$0.70$0.86$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.31
2021Detailed filing. Detailed filing data is available for this year.$1.31$1.31$0.73
2020Detailed filing. Detailed filing data is available for this year.$2.04$2.04$0.38$0.75$0.38
2019Detailed filing. Detailed filing data is available for this year.$2.42$2.42$0.53$0.47$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.36$2.36$0.85$0.72$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.37$1.37$0.68$0.77$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 20, 2025
Return Version
2024v5.0
Gross Receipts
$67,500
Mission and Program Overview

Mission

Promote music among young and upcoming artists

Promote music among young and up artists

Program Services

DescriptionGrantsExpenses
Many young and upcoming artists were trained and exposed to new techniques$0$46,490
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward YIMArtists ManagerFT$12,000-$12,000
Filing and Contact Details

Filer

Filer Name
Music Accord Inc
EIN
35-2237120
Phone
9179334323
Address
340 West 55th Street Room 10B, New York, NY 10019

Signing Officer

Name
Edward Yim
Title
Artists' Manager
Phone
9179334323
Signed
2025-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Music Accord Inc
Address
340 West 55th Street 10B, New York, NY 10019
Preparer
Virinder Seth
Phone
9179334323
Raw XML Appendix117 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt046490
IRS990EZ/BooksInCareOfDetail/PersonNm0Edward Yim
IRS990EZ/BooksInCareOfDetail/PhoneNum09179334323
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0340 West 55th Street
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt010B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010019
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt084773
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087852
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt03079
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04800
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt084773
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087852
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt067500
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt067500
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084773
IRS990EZ/NetAssetsOrFundBalancesEOYAmt087852
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084773
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt087852
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Edward YIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Artists Manager
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Promote music among young and up artists
IRS990EZ/PrintingPublicationsPostageAmt01131
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Many young and upcoming artists were trained and exposed to new techniques
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt046490
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt012000
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt064421
IRS990EZ/TotalProgramServiceExpensesAmt046490
IRS990EZ/TotalRevenueAmt067500
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
ReasonableCauseExplanation/ExplanationTxt0The preparer had two knee replacement surgeries. His spouse had two strokes and she developed Arrithymia, heart condition. For the last two years he had numerous medical issues in the family. Every effort was made to file by due date May 15 but missed by five days. This delay was not due to negligence nor there was any disregard of any provisions of the code. Looking into this, we sincerely request you take these situations in consideration. Thank you so much.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Edward Yim
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Artists' Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum09179334323
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSIC ACCORD INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0352237120
ReturnHeader/Filer/PhoneNum09179334323
ReturnHeader/Filer/USAddress/AddressLine1Txt0340 West 55th Street Room 10B
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010019
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352237120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Music Accord Inc
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine2Txt0Overseas Consulting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 West 55th Street 10B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010019
ReturnHeader/PreparerPersonGrp/PhoneNum09179334323
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Virinder Seth
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-21T11:13:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.