Civic Intelligence

Midsummers Music Ltd.

990 • Fiscal year 2019 • EIN 39-1829237

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 18, 2021

PO Box 1004Sister Bay, WI 54234

(920) 854-7088

Siviq Scores

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

Liabilities / Assets

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

0.03x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

62nd percentile

9.2%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

77th percentile

$72,100

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$944,887

Up $144,181 (+18%) from 2018

Net Assets

Up

$929,685

Up $133,272 (+17%) from 2018

Liabilities

Up

$15,202

Up $10,909 (+254%) from 2018

Revenue

Up

$543,704

Up $170,996 (+46%) from 2018

Expenses

Up

$493,849

Up $106,928 (+28%) from 2018

Net Income

Up

$49,855

Up $64,068 (+451%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $763,976Liabilities 2011: $38,343Net Assets 2011: $725,6332011Assets 2012: $793,659Liabilities 2012: $37,885Net Assets 2012: $755,7742012Assets 2013: $844,999Liabilities 2013: $43,695Net Assets 2013: $801,3042013Assets 2014: $866,752Liabilities 2014: $37,970Net Assets 2014: $828,7822014Assets 2015: $757,843Liabilities 2015: $3,037Net Assets 2015: $754,8062015Assets 2016: $827,687Liabilities 2016: $3,173Net Assets 2016: $824,5142016Assets 2017: $893,000Liabilities 2017: $4,348Net Assets 2017: $888,6522017Assets 2018: $800,706Liabilities 2018: $4,293Net Assets 2018: $796,4132018Assets 2019: $944,887Liabilities 2019: $15,202Net Assets 2019: $929,6852019Assets 2020: $1,046,433Liabilities 2020: $17,716Net Assets 2020: $1,028,7172020Assets 2021: $1,194,457Liabilities 2021: $33,985Net Assets 2021: $1,160,4722021Assets 2022: $1,071,356Liabilities 2022: $69,274Net Assets 2022: $1,002,0822022Assets 2023: $1,195,595Liabilities 2023: $83,130Net Assets 2023: $1,112,4652023Assets 2024: $1,250,296Liabilities 2024: $81,895Net Assets 2024: $1,168,4012024

Highlighted filing

2019

Assets$944,887
Liabilities$15,202
Net Assets$929,685

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $146,457Expenses 2011: $185,462Net Income 2011: -$39,0052011Expenses 2012: $204,8012012Revenue 2013: $265,938Expenses 2013: $277,445Net Income 2013: -$11,5072013Revenue 2014: $244,018Expenses 2014: $238,088Net Income 2014: $5,9302014Revenue 2015: $305,296Expenses 2015: $393,660Net Income 2015: -$88,3642015Revenue 2016: $307,976Expenses 2016: $276,384Net Income 2016: $31,5922016Revenue 2017: $358,240Expenses 2017: $323,631Net Income 2017: $34,6092017Revenue 2018: $372,708Expenses 2018: $386,921Net Income 2018: -$14,2132018Revenue 2019: $543,704Expenses 2019: $493,849Net Income 2019: $49,8552019Revenue 2020: $444,290Expenses 2020: $399,305Net Income 2020: $44,9852020Revenue 2021: $588,747Expenses 2021: $494,141Net Income 2021: $94,6062021Revenue 2022: $493,735Expenses 2022: $507,709Net Income 2022: -$13,9742022Revenue 2023: $615,045Expenses 2023: $613,985Net Income 2023: $1,0602023Revenue 2024: $694,655Expenses 2024: $694,023Net Income 2024: $6322024

Highlighted filing

2019

Revenue$543,704
Expenses$493,849
Net Income$49,855
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 18, 2021
Return Version
2019v5.0
Gross Receipts
$543,768
Mission and Program Overview

Mission

The concert performances are intended to develop audiences for classical chamber music and educate them to the wide variety of literature available to such an ensemble and to demonstrate the unique intimacy between audience and musicians one can experience at the concerts.

Performing and educating people regarding chamber music, bringing music to those that can benefit the most and enhancing their quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$693,962$791,416▲ $97,454
Cash and Non-Interest-Bearing Accounts$81,633$88,690▲ $7,057
Savings and Temporary Cash Investments$2,544$25,563▲ $23,019
Land, Buildings, and Equipment, Net$14,198$18,030▲ $3,832
Pledges and Grants Receivable-$11,278-
Inventories for Sale or Use$8,369$8,369→ $0
Accounts Receivable-$1,260-
Prepaid Expenses and Deferred Charges-$281-
Total Assets$800,706$944,887▲ $144,181
Liabilities
Accounts Payable and Accrued Expenses$4,293$10,690▲ $6,397
Deferred Revenue-$4,512-
Total Liabilities$4,293$15,202▲ $10,909
Net Assets / Fund Balance
Net Assets With Donor Restrictions$758,041$756,320▼ $1,721
Net Assets Without Donor Restrictions$38,372$173,365▲ $134,993
Total Net Assets Fund Balance$796,413$929,685▲ $133,272
Total Liabilities and Net Assets / Fund Balance$800,706$944,887▲ $144,181

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,530$13,496$23,026
Buildings$8,500$0$8,500
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$654,838$0▲ $125,505$34,066$741,320
2018$743,292$0▼ $47,082$36,228$654,898
2017$678,565$0▲ $102,778$33,033$743,293
2016$662,282$0▲ $57,291$36,352$678,565
2015$859,150$0▼ $40,258$74,166$739,543
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Allyson FleckExecutive DirectorFT$72,100$72,100

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$352,717
Program Service Revenue
$134,364
Investment Income
$55,945
Other Revenue
$678
All Other Contributions
$350,717
Change in Net Assets
$49,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,800
Salaries, Compensation, and Employee Benefits$105,049
Total Fundraising Expense$47,830
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$236,859$0$0$236,859
Advertising$72,208$0$5,787$77,995
Current Officers, Directors, Trustees, and Key Employees$21,633$22,016$21,633$65,282
Other Salaries and Wages$14,119$9,859$9,859$33,837
Office Expenses$11,593$3,856$3,247$18,696
Fees for Services Accounting$0$10,564$0$10,564
Information Technology$2,012$2,011$2,011$6,034
Payroll Taxes$2,139$1,907$1,884$5,930
Fees for Service Investment Mgmnt Fees$0$4,964$0$4,964
Depreciation Depletion$1,556$1,556$1,556$4,668
Travel$3,660$563$0$4,223
Occupancy$1,352$1,351$1,351$4,054
Insurance$534$476$470$1,480
Conferences and Meetings$1,250$205$0$1,455
Other Expenses$32$1,371$32$1,435
Total Functional Expenses$385,320$60,699$47,830$493,849
International Activity

International Summary

Offices
0
Employees
1
Spending
$11,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland and Greenland)Program ServicesMarketing, Public/Donor Relations01$11,000
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
Yes
Audit committee
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
No
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 2

The founders of the organization are both on the board. Their names are James and Jean Berkenstock and they are married.

Form 990, Part VI, Section A, Line 7A

Election of member and their rights. Midsummer's Music is not a membership organization. New members of the Board of Directors are selected by existing members of the board.

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

1. The Midsummer's Music's Finance Committee reviews and comments on the draft of Midsummer's Music IRS Form 990 no later than the committee's meeting in the month prior to required IRS filing. The committee's comments will be incorporated in the final IRS Form 990 and forwarded electronically to all Finance Committee members. 2. All Board Directors will receive the final IRS Form 990 (including all schedules and donor information) electronically no later than two weeks before it is submitted to the IRS and will be asked to electronically acknowledge before the IRS filing date that they received the form. 3. A copy of the final IRS Form 990 is available to the general public, excluding any confidential donor information.

Form 990, Part VI, Section B, Line 15

Compensation process for officers. The only board member that receives compensation is the Executive Director. The board of directors reviews the Executive Director's compensation.

Form 990, Part VI, Section C, Line 19

Policies, financial statements, and governing documents are kept in a shared folder on the company's OneDrive so that any employee can access them at any time and provide them to someone either visiting the office or requesting the information via phone or email.

Filing and Contact Details

Filer

Filer Name
Midsummers Music Ltd
EIN
39-1829237
Phone
9208547088
Address
PO Box 1004, Sister Bay, WI 54234

Signing Officer

Name
James Berkenstock
Title
President of the Board
Phone
9208547088
Signed
2021-04-18

Organization Details

Principal Officer
James T Berkenstock
Formed
1995
Legal Domicile
Wi
Voting Board Members
17
Independent Board Members
17
Employees
6
Volunteers
83
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

[Description, Total, Program Services, Mgmt & Gen, Fundraising], [Marketing Consultant $11,100 $11,100 $0 $0], [Summer Musicians, $97,878, $97,878, $0, $0], [Piano Tuner $1,610, $1,610, $0, $0], [Summer Concert Recordings $4,126, $4,126, $0, $0], [Fall to Spring Musicians $121,000, $121,000, $0, $0], [Fall to Spring Concert Rec. $1,145, $1,145, $0, $0], [Totals $236,859, $236,859, $0, $0]

Financial Statement Notes

Schedule D, Part V, Line 4

to support operations

Raw XML AppendixShowing 400 of 632 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/Form990PartVIISectionAGrp/PersonNm0Allyson Fleck
IRS990/Form990PartVIISectionAGrp/PersonNm1James Berkenstock
IRS990/Form990PartVIISectionAGrp/PersonNm2Nancy Goldberg
IRS990/Form990PartVIISectionAGrp/PersonNm3Peggy Lott
IRS990/Form990PartVIISectionAGrp/PersonNm4Nancy Borghesi
IRS990/Form990PartVIISectionAGrp/PersonNm5Judy Widen
IRS990/Form990PartVIISectionAGrp/PersonNm6Jean Berkenstock
IRS990/Form990PartVIISectionAGrp/PersonNm7Beverly Ann Conroy
IRS990/Form990PartVIISectionAGrp/PersonNm8Gerri Friedburg
IRS990/Form990PartVIISectionAGrp/PersonNm9Mary Hauser
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IRS990/Form990PartVIISectionAGrp/PersonNm16David Utzinger
IRS990/Form990PartVIISectionAGrp/PersonNm17Carl Zapffe
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
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IRS990/MissionDesc0Midsummer's Music has a threefold Mission: 1. To develop, enthuse and educate audiences of all ages by emphasizing chamber music's strongest assets (intimacy, vitality, quality, variety, portability) through the most powerful experiences highly professional performers can generate; 2. To marry these strengths with the unique and diverse cultural, historical and scenic opportunities in Northeastern WI by working in a mutually beneficial collaboration with other charitable arts and social organizations; 3. To serve the Northeastern Wisconsin community by enhancing the quality of life for visitor and resident alike.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Code: 611610 Griffon Lessons and Outreach: Midsummer's Music of Door County, the Fine Arts Institute at East High in Green Bay, and St. Norbert College in De Pere launched a ground-breaking project in 2018 to enhance student learning and academic achievement through increased exposure to--and participation in--music. The Griffon String Quartet members currently work with children in northeast WI via the Einstein Series, a highly interactive program for school-age children. Student participate in private or group lessons or educational outreach programs. The quartet visits schools and classrooms to perform and discuss string quartet music, relating it specifically to relevant topics in their studies and their lives. The Quartet's B Double Sharp program presents mini concerts for the aging or disabled as well as their caregivers. Targeting people with Alzheimer's and dementia, in association with the Door County Medical Center and Scandia Village, the quartet creates a welcoming atmosphere where people can share their observations and feelings about the journey of aging and memory loss. Additional community-embedded programs are all-inclusive for families. The community performances strengthen the musical infrastructure by demystifying chamber music and creating an experiential bridge from short presentations to full classical concerts.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.08$1.17$0.69$0.69$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.08$1.11$0.62$0.61$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.07$0.07$1.00$0.49$0.51$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.03$1.16$0.59$0.49$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.02$1.03$0.44$0.40$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.02$0.93$0.54$0.49$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.37$0.39$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.36$0.32$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.82$0.31$0.28$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.75$0.31$0.39$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.87$0.04$0.83$0.24$0.24$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.04$0.80$0.27$0.28$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.04$0.76$0.20
2011Summary only. Only limited summary data is available for this year.$0.76$0.04$0.73$0.15$0.19$0.04