Civic Intelligence

Klezmer Music Foundation

EIN 36-4013890 • 501(c)3 • Skokie, IL

Profile

Concert performances & youth education to promote and continue klezmer music.

4025 W Harvard TerraceSkokie, IL 60076

klezmerband.com

Siviq Scores

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

Liabilities / Assets

86th percentile

0.35x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-27%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$26,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

24th percentile

-38%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-26%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$43,255

Up $26,797 (+163%) from 2019

Liabilities

Up

$1,398

Up $174 (+14%) from 2019

Net Assets

Up

$41,857

Up $26,623 (+175%) from 2019

Operations
Liabilities / Revenue85th percentileNet Margin20th percentile

Revenue

Down

$123,358

Down $7,234 (-5.5%) from 2019

Expenses

Down

$96,735

Down $35,668 (-27%) from 2019

Net Income

Up

$26,623

Up $28,434 (+1570%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

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

$60K$40K$20K$0Assets 2012: $16,242Liabilities 2012: $2,541Net Assets 2012: $13,7012012Assets 2013: $21,337Liabilities 2013: $1,295Net Assets 2013: $20,0422013Assets 2014: $15,279Liabilities 2014: $14,620Net Assets 2014: $6592014Assets 2016: $13,609Liabilities 2016: $12,135Net Assets 2016: $1,4742016Assets 2017: $5,975Liabilities 2017: $870Net Assets 2017: $5,1052017Assets 2019: $16,458Liabilities 2019: $1,224Net Assets 2019: $15,2342019Assets 2020: $43,255Liabilities 2020: $1,398Net Assets 2020: $41,8572020

Highlighted filing

2020

Assets$43,255
Liabilities$1,398
Net Assets$41,857
Open 2020 Filing

Operations Trend

Revenue Growth30th percentile

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

$200K$100K$0-$100KRevenue 2012: $90,355Expenses 2012: $85,118Net Income 2012: $5,2372012Revenue 2013: $130,746Expenses 2013: $124,405Net Income 2013: $6,3412013Revenue 2014: $162,326Expenses 2014: $181,709Net Income 2014: -$19,3832014Revenue 2016: $142,881Expenses 2016: $142,621Net Income 2016: $2602016Revenue 2017: $171,668Expenses 2017: $168,037Net Income 2017: $3,6312017Revenue 2019: $130,592Expenses 2019: $132,403Net Income 2019: -$1,8112019Revenue 2020: $123,358Expenses 2020: $96,735Net Income 2020: $26,6232020

Highlighted filing

2020

Revenue$123,358
Expenses$96,735
Net Income$26,623
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,255
Liabilities
$1,398
Net assets
$41,857
Revenue
$123,358
Expenses
$96,735
Net income
$26,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$1.23$0.97$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.01$0.15$1.31$1.32$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.01$0.05$1.72$1.68$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.12$0.01$1.43$1.43$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.01$1.62$1.82$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.01$0.20$1.31$1.24$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.03$0.14$0.90$0.85$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 5, 2020
Return Version
2019v5.0
Gross Receipts
$123,358
Mission and Program Overview

Mission

Concert performances & youth education to promote and continue klezmer music.

Program Services

DescriptionGrantsExpenses
CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC-$82,166
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LORI LIPPITZPresidentPT$10,740-$10,740
MARC CHINTZTreasurer-$0--
LARRY MARKSSecretary-$0--
MICHAEL LIPPITZDirector-$0--
SHELLY YOELINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Klezmer Music Foundation
EIN
36-4013890
Address
4025 W HARVARD TERRACE, SKOKIE, IL 60076

Signing Officer

Name
Lori Lippitz
Title
President
Signed
2020-11-05

Preparer

Firm
Walter J Newton & Co Cpas
Address
PO BOX 4349, OAK PARK, IL 60304
Preparer
Lee Schwarzbach
Phone
7087714000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising & promo 3,269 office expenses 4,475 1,721 insurance 985 concert/production expens 6,637 outside musicians 53,090 community education 2,917 dues & fees 251 total 73,345”

Form 990-ez, Part II, Line 24

“Accounts receivable 3,125 4,115 total 3,125 4,115”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 1,224 1,398”

Form 990-ez, Part III

“Concert performances & youth education to promote and continue klezmer music.”

Raw XML Appendix162 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/ActivitiesNotPreviouslyRptInd0false
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IRS990EZ/BooksInCareOfDetail/PhoneNum07087714000
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt04025 HARVARD TERR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SKOKIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060076
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013333
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039308
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026623
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017390
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt016458
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043255
IRS990EZ/GrossReceiptsAmt0123358
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015234
IRS990EZ/NetAssetsOrFundBalancesEOYAmt041857
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015234
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt041857
IRS990EZ/OccupancyRentUtltsAndMaintAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010740
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LORI LIPPITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARC CHINTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LARRY MARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL LIPPITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHELLY YOELIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03125
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04115
IRS990EZ/OtherExpensesTotalAmt073345
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC.
IRS990EZ/ProgramServiceRevenueAmt084050
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082166
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01224
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01398
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt096735
IRS990EZ/TotalProgramServiceExpensesAmt082166
IRS990EZ/TotalRevenueAmt0123358
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0KLEZMERBAND.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt014390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021087
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0109469
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt084050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0116202
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0113181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0152223
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0121794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0587450
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0123358
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0130592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0128420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0171668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0142881
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0123358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0130592
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0142881
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0696919
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMO 3,269 OFFICE EXPENSES 4,475 1,721 INSURANCE 985 CONCERT/PRODUCTION EXPENS 6,637 OUTSIDE MUSICIANS 53,090 COMMUNITY EDUCATION 2,917 DUES & FEES 251 TOTAL 73,345
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 3,125 4,115 TOTAL 3,125 4,115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,224 1,398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI LIPPITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KLEZMER MUSIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KLEZ
ReturnHeader/Filer/EIN0364013890
ReturnHeader/Filer/USAddress/AddressLine1Txt04025 W HARVARD TERRACE
ReturnHeader/Filer/USAddress/CityNm0SKOKIE
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.116.28.136
ReturnHeader/FilingSecurityInformation/IPDt02020-11-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:06:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452131468
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 4349
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060304
ReturnHeader/PreparerPersonGrp/PhoneNum07087714000
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE SCHWARZBACH
ReturnHeader/ReturnTs02020-11-17T11:06:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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