Civic Intelligence

Klezmer Music Foundation

990EZ • Fiscal year 2018 • EIN 36-4013890

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 01, 2018

Organization ProfileKLEZMERBAND.COM
4025 W Harvard TerraceSkokie, IL 60076

(708) 771-4000

Siviq Scores

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

Liabilities / Assets

79th percentile

0.10x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

62nd percentile

9.3%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$11,150

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

95th percentile

219%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-25%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$19,034

Up $13,059 (+219%) from 2017

Net Assets

Up

$17,045

Up $11,940 (+234%) from 2017

Liabilities

Up

$1,989

Up $1,119 (+129%) from 2017

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin62nd percentile

Revenue

Down

$128,420

Down $43,248 (-25%) from 2017

Expenses

Down

$116,480

Down $51,557 (-31%) from 2017

Net Income

Up

$11,940

Up $8,309 (+229%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$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 2018: $19,034Liabilities 2018: $1,989Net Assets 2018: $17,0452018Assets 2019: $16,458Liabilities 2019: $1,224Net Assets 2019: $15,2342019Assets 2020: $43,255Liabilities 2020: $1,398Net Assets 2020: $41,8572020

Highlighted filing

2018

Assets$19,034
Liabilities$1,989
Net Assets$17,045
Open 2018 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this 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 2018: $128,420Expenses 2018: $116,480Net Income 2018: $11,9402018Revenue 2019: $130,592Expenses 2019: $132,403Net Income 2019: -$1,8112019Revenue 2020: $123,358Expenses 2020: $96,735Net Income 2020: $26,6232020

Highlighted filing

2018

Revenue$128,420
Expenses$116,480
Net Income$11,940
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 1, 2018
Return Version
2017v2.3
Gross Receipts
$128,420
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-$102,319
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LORI LIPPITZPresidentPT$11,150-$11,150
MARC CHINTZTreasurerPT$0--
LARRY MARKSSecretaryPT$0--
MICHAEL LIPPITZDirectorPT$0--
SHELLY YOELINDirectorPT$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
2018-09-01

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 4,898 office expenses 1,886 telecomm 3,010 insurance 1,419 concert/production expens 8,749 outside musicians 67,773 community education 4,791 dues & fees 547 total 93,073”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 3,170 total 0 3,170”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 870 1,989”

Form 990-ez, Part III

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

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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LORI LIPPITZ
IRS990EZ/BooksInCareOfDetail/PhoneNum07087714000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04025 HARVARD TERR
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt04025 HARVARD TERR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SKOKIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060076
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05975
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015864
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015239
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011940
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019907
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05975
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019034
IRS990EZ/GrossReceiptsAmt0128420
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05105
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017045
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05105
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017045
IRS990EZ/OccupancyRentUtltsAndMaintAmt03500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt011150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/EOYAmt03170
IRS990EZ/OtherExpensesTotalAmt093073
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC.
IRS990EZ/ProgramServiceRevenueAmt0113181
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0102319
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0870
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01989
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0116480
IRS990EZ/TotalProgramServiceExpensesAmt0102319
IRS990EZ/TotalRevenueAmt0128420
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0KLEZMERBAND.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt021087
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03514
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt072881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0113181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0152223
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0121794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0193719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0148730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0729647
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0802528
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0128420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0171668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0142881
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0197233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0162326
IRS990ScheduleA/Total509Grp/TotalAmt0802528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0128420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0171668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0142881
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0197233
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0162326
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0802528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMO 4,898 OFFICE EXPENSES 1,886 TELECOMM 3,010 INSURANCE 1,419 CONCERT/PRODUCTION EXPENS 8,749 OUTSIDE MUSICIANS 67,773 COMMUNITY EDUCATION 4,791 DUES & FEES 547 TOTAL 93,073
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 3,170 TOTAL 0 3,170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 870 1,989
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI LIPPITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KLEZMER MUSIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KLEZ
ReturnHeader/Filer/EIN0364013890
ReturnHeader/Filer/USAddress/AddressLine1Txt04025 W HARVARD TERRACE
ReturnHeader/Filer/USAddress/CityNm0SKOKIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060076
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09321D704326AA5C741F253AE035965C2575602E7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00FCD3F2F29723A4F9A9445DAA3DA34F0691788DA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.116.28.136
ReturnHeader/FilingSecurityInformation/IPDt02018-10-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:49:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452131468
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALTER J NEWTON & CO CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 4349
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060304
ReturnHeader/PreparerPersonGrp/PhoneNum07087714000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE SCHWARZBACH
ReturnHeader/ReturnTs02018-10-04T12:49:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,034
Liabilities
$1,989
Net assets
$17,045
Revenue
$128,420
Expenses
$116,480
Net income
$11,940
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
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$1.28$1.16$0.12
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