Civic Intelligence

Piano & More

990 • Fiscal year 2024 • EIN 38-4077902

Jan 01, 2024 to Dec 31, 2024 • Filed on May 21, 2025

2611 S Clark St 600Arlington, VA 22202

(703) 988-5576

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.

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

36th percentile

-2.8%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

96th percentile

$78,792

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

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

Asset Growth

13th percentile

-43%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

35th percentile

-9.1%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Down

$19,168

Down $14,213 (-43%) from 2023

Net Assets

Down

$19,168

Down $10,185 (-35%) from 2023

Liabilities

Down

$0

Down $4,028 (-100%) from 2023

Revenue

Down

$370,083

Down $36,992 (-9.1%) from 2023

Expenses

Down

$380,268

Down $40,925 (-9.7%) from 2023

Net Income

Up

-$10,185

Up $3,933 (+28%) from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2019: $15,543Liabilities 2019: $1,385Net Assets 2019: $14,1582019Assets 2020: $25,473Liabilities 2020: $2,485Net Assets 2020: $22,9882020Assets 2021: $30,973Liabilities 2021: $1,889Net Assets 2021: $29,0842021Assets 2022: $48,394Liabilities 2022: $4,923Net Assets 2022: $43,4712022Assets 2023: $33,381Liabilities 2023: $4,028Net Assets 2023: $29,3532023Assets 2024: $19,168Liabilities 2024: $0Net Assets 2024: $19,1682024

Highlighted filing

2024

Assets$19,168
Liabilities$0
Net Assets$19,168

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $202,307Expenses 2019: $188,149Net Income 2019: $14,1582019Revenue 2020: $272,236Expenses 2020: $263,406Net Income 2020: $8,8302020Revenue 2021: $308,204Expenses 2021: $302,108Net Income 2021: $6,0962021Revenue 2022: $328,163Expenses 2022: $313,776Net Income 2022: $14,3872022Revenue 2023: $407,075Expenses 2023: $421,193Net Income 2023: -$14,1182023Revenue 2024: $370,083Expenses 2024: $380,268Net Income 2024: -$10,1852024

Highlighted filing

2024

Revenue$370,083
Expenses$380,268
Net Income-$10,185
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 21, 2025
Return Version
2024v5.1
Gross Receipts
$370,083
Mission and Program Overview

Mission

Piano & More's mission is to provide our community with a fun and contemporary approach to education, opportunity, and events concerning the musical arts. Our vision is to: Offer practical and useful training for aspiring musicians and educators; Provide quality music education for children and adults at all levels and ages; Make creative opportunities available for local musicians and educators; Create a local musical community that engages in events and networking; Build a sponsorship program where students in title one schools can also receive our services; Provide instruments to our sponsored students; Bring our community together with music and art. Services are either performed in person or virtually.

Our mission is to make music education fun and accessible to all people - no matter age or background. In 2024, we had up to 180 students participate in our private music lesson program, including piano, voice, guitar and other private music lessons. Piano & More hosted around 30 community music events such as Open Mics, Musical Field Trips, and Recitals for students and around 5 social events for teachers. These music events help us fulfil our mission of bringing the community together with music. We also have a community outreach program where we partner with title I Virginia schools called Play It Forward- a program that's been operating since 2019. Students in the Play It Forward program receive weekly private piano lessons and piano books, free of charge. We are grateful to provide this access as piano isn't taught in public schools and private piano lessons can be too expensive for low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,381$15,368▼ $18,013
Investments in Publicly Traded Securities-$3,800-
Savings and Temporary Cash Investments-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$33,381$19,168▼ $14,213
Other Assets Total-$0-
Liabilities
Other Liabilities$3,588--
Accounts Payable and Accrued Expenses$440--
Total Liabilities$4,028$0▼ $4,028
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,353$19,168▼ $10,185
Total Net Assets Fund Balance$29,353$19,168▼ $10,185
Total Liabilities and Net Assets / Fund Balance$33,381$19,168▼ $14,213
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole KovarPresidentFT$73,158$5,634$78,792

Board Members and Trustees

NameTitle
Sam YeoDirector
Melissa Cortina RushSecretary
Damacia UmanzorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,583
Program Service Revenue
$366,500
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,583
Change in Net Assets
$-10,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$282,344
Salaries, Compensation, and Employee Benefits$90,124
Grants and Similar Amounts Paid$7,800
Total Fundraising Expense$3,270
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$230,563$13,115$566$244,244
Current Officers, Directors, Trustees, and Key Employees$19,303$57,909$2,388$79,600
Office Expenses-$14,369-$14,369
Advertising$11,610--$11,610
Grants to Domestic Individuals$7,800--$7,800
Payroll Taxes$1,186$3,557$147$4,890
Occupancy$797$3,189-$3,986
Pension Plan Contributions$728$2,182$90$3,000
Information Technology$2,026$675-$2,701
Other Employee Benefits$639$1,916$79$2,634
Conferences and Meetings$1,420$355-$1,775
Fees for Services Accounting-$1,500-$1,500
Travel$967$242-$1,209
Other Expenses$583--$583
Insurance-$367-$367
Total Functional Expenses$277,622$99,376$3,270$380,268
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The President will provide the Board with a complete copy of the Form 990, for review and discussion before it is electronically filed.

Form 990, Part VI, Section B, Line 12C

Directors are required to disclose potential conflicts of interest when they arise, and sign a statement affirming no conflicts annually.

Form 990, Part VI, Section B, Line 15A

The Board reviews and approves compensation of the Executive Director annually at the Spring Board meeting as part of the budget, based on hours and current market data.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Piano & More
EIN
38-4077902
Phone
7039885576
Address
2611 S Clark St 600, Arlington, VA 22202

Signing Officer

Name
Nicole Kovar
Title
President
Signed
2025-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Kovar
Formed
2018
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
3

Preparer

Firm
Quist & Associates LLC
Address
PO Box 372, Occoquan, VA 22125
Preparer
Elizabeth Quist
Phone
7035971370
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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/MissionDesc0Piano & More's mission is to provide our community with a fun and contemporary approach to education, opportunity, and events concerning the musical arts. Our vision is to: Offer practical and useful training for aspiring musicians and educators, Provide quality music education for children and adults at all levels and ages, Make creative opportunities available for local musicians and educators, Create a local musical community that engages in events and networking, Build a sponsorship program where students in title one schools can also receive our services, Provide instruments to our sponsored students, and Bring our community together with music and art. Services are either performed in person or virtually.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Music Lessons & Supplies
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0instruction and keyboards
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0similar services
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Piano & More connects with music teachers in title one schools that nominate qualified students that truly have an interest to learn and can handle the extra training with their current workload. Nominated students are matched with Piano & More teachers and the organization provides the instrument and a practice book that will track assignments and progress. Honored to teach every child that joins the community, Piano & More provides fun and exciting lessons, where each child will grow in music theory, technique and knowledge about their instrument. Donors that sponsor students are invited to the student's music recitals, Christmas concerts, Jam Sessions, Field Trips, and receive updates about the student's progress.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no committees with the authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President will provide the Board with a complete copy of the Form 990, for review and discussion before it is electronically filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Directors are required to disclose potential conflicts of interest when they arise, and sign a statement affirming no conflicts annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board reviews and approves compensation of the Executive Director annually at the Spring Board meeting as part of the budget, based on hours and current market data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/USAddress/CityNm0Arlington
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IRS990/WebsiteAddressTxt0www.pianoandmore.org/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nicole Kovar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Piano & More
ReturnHeader/Filer/BusinessNameControlTxt0PIAN
ReturnHeader/Filer/EIN0384077902
ReturnHeader/Filer/PhoneNum07039885576
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274516447
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Quist & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 372
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Occoquan
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022125
ReturnHeader/PreparerPersonGrp/PhoneNum07035971370
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Elizabeth Quist
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-23T13:45:09-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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