Civic Intelligence

China Music Foundation

990 • Fiscal year 2016 • EIN 38-3421369

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

3274 Woe Be TideAnn Arbor, MI 48108

(302) 382-1940

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$50,547

No earlier filing loaded for comparison.

Net Assets

$50,547

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$214,549

No earlier filing loaded for comparison.

Expenses

$164,002

No earlier filing loaded for comparison.

Net Income

$50,547

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2016: $50,547Liabilities 2016: $0Net Assets 2016: $50,5472016Assets 2017: $42,728Liabilities 2017: $0Net Assets 2017: $42,7282017Assets 2018: $44,842Liabilities 2018: $0Net Assets 2018: $44,8422018Assets 2019: $48,157Liabilities 2019: $0Net Assets 2019: $48,1572019Assets 2020: $6,780Liabilities 2020: $0Net Assets 2020: $6,7802020Assets 2021: $7,800Liabilities 2021: $0Net Assets 2021: $7,8002021Assets 2022: $89,525Liabilities 2022: $0Net Assets 2022: $89,5252022Assets 2023: $20,526Liabilities 2023: $0Net Assets 2023: $20,5262023Assets 2024: $9,484Liabilities 2024: $0Net Assets 2024: $9,4842024Assets 2025: $30,120Liabilities 2025: $0Net Assets 2025: $30,1202025

Highlighted filing

2016

Assets$50,547
Liabilities$0
Net Assets$50,547

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $214,549Expenses 2016: $164,002Net Income 2016: $50,5472016Revenue 2017: $255,773Expenses 2017: $263,592Net Income 2017: -$7,8192017Revenue 2018: $272,818Expenses 2018: $270,704Net Income 2018: $2,1142018Revenue 2019: $299,173Expenses 2019: $300,858Net Income 2019: -$1,6852019Revenue 2020: $1,900Expenses 2020: $43,277Net Income 2020: -$41,3772020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $116,380Expenses 2022: $34,565Net Income 2022: $81,8152022Revenue 2023: $111,727Expenses 2023: $180,726Net Income 2023: -$68,9992023Revenue 2024: $31,275Expenses 2024: $42,317Net Income 2024: -$11,0422024Revenue 2025: $52,898Expenses 2025: $32,262Net Income 2025: $20,6362025

Highlighted filing

2016

Revenue$214,549
Expenses$164,002
Net Income$50,547
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$214,549
Mission and Program Overview

Mission

To support international musical and educational events promoting sino-us relations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$50,547-
Rtn Earn Endowment Incm Other Fnds-$50,547-
Total Assets$0$50,547▲ $50,547
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$50,547▲ $50,547
Total Liabilities and Net Assets / Fund Balance$0$50,547▲ $50,547
Compensation and Service Providers

Board Members and Trustees

NameTitle
Xiang GaoPresident
Renee DongDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$214,549
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$50,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$164,002--$164,002
Total Functional Expenses$164,002$0$0$164,002
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

Meets regularly as needed

Committee meeting documentation Part VI line 8B

MEETS AS NEEDED

Form 990 governing body review Part VI line 11

Reviews conducted frequently

Governing documents etc available to public Part VI line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
China Music Foundation
EIN
38-3421369
Address
3274 WOE BE TIDE, ANN ARBOR, MI 48108

Signing Officer

Name
Xiang Gao
Title
President
Phone
3023821940
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Xiang Gao
Formed
1997
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
MED TAX Inc
Address
407 Philadelphia Pike, Wilmington, DE 19809
Preparer
Richard Peters
Phone
3027647225
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Expenses and reimbursements

Raw XML Appendix230 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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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0214549
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt050547
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0214549
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0214549
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/ReconcilationRevenueExpnssAmt050547
IRS990/RelatedEntityInd0false
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt050547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0214549
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0214549
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0214549
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0214549
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0214549
IRS990ScheduleA/TotalSupportAmt0214549
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWS CONDUCTED FREQUENTLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPENSES AND REIMBURSEMENTS
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/EIN0383421369
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ReturnHeader/PreparerPersonGrp/PhoneNum03027647225
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard Peters
ReturnHeader/ReturnTs02016-11-15T10:39:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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