Civic Intelligence

Diverse Emerging Music Organization

990EZ • Fiscal year 2021 • EIN 41-1955210

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 13, 2021

PO Box 17172Minneapolis, MN 55417

(612) 386-2521

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

90th percentile

60%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

Up

$78,209

Up $52,689 (+206%) from 2011

Net Assets

Up

$78,209

Up $58,405 (+295%) from 2011

Liabilities

Down

$0

Down $5,716 (-100%) from 2011

Revenue

Up

$109,107

Up $85,796 (+368%) from 2011

Expenses

Up

$43,715

Up $16,645 (+61%) from 2011

Net Income

Up

$65,392

Up $69,151 (+1840%) from 2011

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $25,520Liabilities 2011: $5,716Net Assets 2011: $19,8042011Assets 2021: $78,209Liabilities 2021: $0Net Assets 2021: $78,2092021Assets 2022: $49,179Liabilities 2022: $0Net Assets 2022: $49,1792022Assets 2024: $74,083Liabilities 2024: $0Net Assets 2024: $74,0832024Assets 2025: $115,101Liabilities 2025: $0Net Assets 2025: $115,1012025

Highlighted filing

2021

Assets$78,209
Liabilities$0
Net Assets$78,209

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $23,311Expenses 2011: $27,070Net Income 2011: -$3,7592011Revenue 2021: $109,107Expenses 2021: $43,715Net Income 2021: $65,3922021Revenue 2022: $32,952Expenses 2022: $61,982Net Income 2022: -$29,0302022Revenue 2024: $88,887Expenses 2024: $44,675Net Income 2024: $44,2122024Revenue 2025: $112,245Expenses 2025: $71,227Net Income 2025: $41,0182025

Highlighted filing

2021

Revenue$109,107
Expenses$43,715
Net Income$65,392
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 13, 2021
Return Version
2020v4.0
Gross Receipts
$109,107
Mission and Program Overview

Mission

FOUNDED IN 1999 AS THE DIVERSE ARTS AND MUSIC FOUNDATION, THE DIVERSE EMERGING MUSIC ORGANIZATION (DEMO) IS A MINNESOTA 501(C)3 NON-PROFIT CORPORATION WHOSE MISSION IS "SUSTAINING AND PROMOTING MINNESOTA'S INDEPENDENT MUSIC LEGACY". WE DO THIS BY PROVIDING A PERFORMANCE SPACE FOR LOCAL ARTISTS TO INTRODUCE THEIR MUSIC,CURATING A SMALL MUSEUM AND COLLABORATION SPACE FOCUSED ON LOCAL MUSIC, and SPONSORING THE MINNESOTA MUSIC ARCHIVE. ABOUT THE MINNESOTA MUSIC ARCHIVE PROJECT: THE GOAL OF THE MINNESOTA MUSIC ARCHIVE PROJECT IS TO CREATE A COMPREHENSIVE DIGITAL ARCHIVE OF EVERY INDEPENDENT AND SMALL COMMERCIAL RECORDING EVER RELEASED BY MINNESOTA MUSICIANS, PRESERVING THESE RECORDINGS FOR FUTURE GENERATIONS AND SUSTAINING MINNESOTA'S RICH MUSICAL LEGACY.

Founded in 1999 as the diverse arts and music foundation, the diverse emerging music organization (demo) is a minnesota 501(c)3 non-profit corporation whose mission is "sustaining and promoting minnesota's independent music legacy". We do this by: providing a performance space for local artists to introduce their music curating a small museum and collaboration space focused on local music sponsoring the minnesota music archive about the minnesota music archive project the goal of the minnesota music archive project is to create a comprehensive digital archive of every independent and small commercial recording ever released by minnesota musicians, preserving these recordings for future generations and sustaining minnesota's rich musical legacy.

Program Services

DescriptionGrantsExpenses
ARCHIVE, DISPLAY, AND SUPPORT LOCAL MN MUSIC.-$43,715
ARCHIVE, DISPLAY, AND SUPPORT LOCAL MN MUSIC.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THEODORE MARTINPresidentPT$0--
MICHAEL DEENEYTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Diverse Emerging Music Organization
EIN
41-1955210
Phone
6123862521
Address
PO BOX 17172, MINNEAPOLIS, MN 55417

Signing Officer

Name
Michael Deeney
Title
Treasurer
Phone
6123862521
Signed
2021-10-13
Discuss with paid preparer
Yes

Preparer

Firm
Corneliuson & Assoc Inc
Address
15 10TH AVENUE SOUTH STE 201, HOPKINS, MN 55343
Preparer
Michael J Miano
Phone
9529202313
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 411 small equipment <1k 1,904 computer/software exp 5,655 insurance 1,340 non-investment depreciation 950 total 10,260

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 2,500 4,750 4,750 less accumulated depreciation 1,900 2,850 total 2,850 4,400

Form 990-ez, Part III

Founded in 1999 as the diverse arts and music foundation, the diverse emerging music organization (demo) is a minnesota 501(c)3 non-profit corporation whose mission is "sustaining and promoting minnesota's independent music legacy". We do this by: providing a performance space for local artists to introduce their music curating a small museum and collaboration space focused on local music sponsoring the minnesota music archive about the minnesota music archive project the goal of the minnesota music archive project is to create a comprehensive digital archive of every independent and small commercial recording ever released by minnesota musicians, preserving these recordings for future generations and sustaining minnesota's rich musical legacy.

Form 990-ez, Part III, Line 31

Archive, display, and support local mn music.

Raw XML Appendix122 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0THEODORE MARTIN
CompensationExplanation/CompensationExplanationGrp/PersonNm1MICHAEL DEENEY
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL DEENEY
IRS990EZ/BooksInCareOfDetail/PhoneNum06123862521
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 17172
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055417
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09967
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073809
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0106370
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt065392
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01035
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012817
IRS990EZ/Form990TotalAssetsGrp/EOYAmt078209
IRS990EZ/GrossReceiptsAmt0109107
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0237
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012817
IRS990EZ/NetAssetsOrFundBalancesEOYAmt078209
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012817
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt078209
IRS990EZ/OccupancyRentUtltsAndMaintAmt032420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THEODORE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL DEENEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02850
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04400
IRS990EZ/OtherExpensesTotalAmt010260
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FOUNDED IN 1999 AS THE DIVERSE ARTS AND MUSIC FOUNDATION, THE DIVERSE EMERGING MUSIC ORGANIZATION (DEMO) IS A MINNESOTA 501(C)3 NON-PROFIT CORPORATION WHOSE MISSION IS "SUSTAINING AND PROMOTING MINNESOTA'S INDEPENDENT MUSIC LEGACY". WE DO THIS BY: PROVIDING A PERFORMANCE SPACE FOR LOCAL ARTISTS TO INTRODUCE THEIR MUSIC CURATING A SMALL MUSEUM AND COLLABORATION SPACE FOCUSED ON LOCAL MUSIC SPONSORING THE MINNESOTA MUSIC ARCHIVE ABOUT THE MINNESOTA MUSIC ARCHIVE PROJECT THE GOAL OF THE MINNESOTA MUSIC ARCHIVE PROJECT IS TO CREATE A COMPREHENSIVE DIGITAL ARCHIVE OF EVERY INDEPENDENT AND SMALL COMMERCIAL RECORDING EVER RELEASED BY MINNESOTA MUSICIANS, PRESERVING THESE RECORDINGS FOR FUTURE GENERATIONS AND SUSTAINING MINNESOTA'S RICH MUSICAL LEGACY.
IRS990EZ/ProgramServiceRevenueAmt02500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ARCHIVE, DISPLAY, AND SUPPORT LOCAL MN MUSIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ARCHIVE, DISPLAY, AND SUPPORT LOCAL MN MUSIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt043715
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043715
IRS990EZ/TotalProgramServiceExpensesAmt043715
IRS990EZ/TotalRevenueAmt0109107
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.DEMOMN.ORG/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0106370
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0106370
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0237
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98610
IRS990ScheduleA/PublicSupportTotal170Amt0106370
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0106370
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0106370
IRS990ScheduleA/TotalSupportAmt0107870
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 411 SMALL EQUIPMENT <1K 1,904 COMPUTER/SOFTWARE EXP 5,655 INSURANCE 1,340 NON-INVESTMENT DEPRECIATION 950 TOTAL 10,260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 2,500 4,750 4,750 LESS ACCUMULATED DEPRECIATION 1,900 2,850 TOTAL 2,850 4,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOUNDED IN 1999 AS THE DIVERSE ARTS AND MUSIC FOUNDATION, THE DIVERSE EMERGING MUSIC ORGANIZATION (DEMO) IS A MINNESOTA 501(C)3 NON-PROFIT CORPORATION WHOSE MISSION IS "SUSTAINING AND PROMOTING MINNESOTA'S INDEPENDENT MUSIC LEGACY". WE DO THIS BY: PROVIDING A PERFORMANCE SPACE FOR LOCAL ARTISTS TO INTRODUCE THEIR MUSIC CURATING A SMALL MUSEUM AND COLLABORATION SPACE FOCUSED ON LOCAL MUSIC SPONSORING THE MINNESOTA MUSIC ARCHIVE ABOUT THE MINNESOTA MUSIC ARCHIVE PROJECT THE GOAL OF THE MINNESOTA MUSIC ARCHIVE PROJECT IS TO CREATE A COMPREHENSIVE DIGITAL ARCHIVE OF EVERY INDEPENDENT AND SMALL COMMERCIAL RECORDING EVER RELEASED BY MINNESOTA MUSICIANS, PRESERVING THESE RECORDINGS FOR FUTURE GENERATIONS AND SUSTAINING MINNESOTA'S RICH MUSICAL LEGACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARCHIVE, DISPLAY, AND SUPPORT LOCAL MN 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 III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DEENEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06123862521
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DIVERSE EMERGING MUSIC ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0DIVE
ReturnHeader/Filer/EIN0411955210
ReturnHeader/Filer/PhoneNum06123862521
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 17172
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055417
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411921108
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNELIUSON & ASSOC INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 10TH AVENUE SOUTH STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOPKINS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055343
ReturnHeader/PreparerPersonGrp/PhoneNum09529202313
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J MIANO
ReturnHeader/ReturnTs02021-10-19T14:14:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEENEY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings