Civic Intelligence

Music Forward

990 • Fiscal year 2016 • EIN 45-0583417

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 07, 2017

1275 Prospect AvenueBrooklyn, NY 11218

(347) 457-5129

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.01x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

57th percentile

5.8%

Higher net margin than 57% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

36th percentile

$16,100

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

17th percentile

-7.4%

Faster asset growth than 17% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-5.7%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$330,000

Down $26,388 (-7.4%) from 2015

Net Assets

Down

$319,504

Down $29,103 (-8.3%) from 2015

Liabilities

Up

$10,496

Up $2,715 (+35%) from 2015

Revenue

Down

$1,124,402

Down $68,185 (-5.7%) from 2015

Expenses

Down

$1,059,328

Down $278,149 (-21%) from 2015

Net Income

Up

$65,074

Up $209,964 (+145%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $83,924Liabilities 2011: $19,367Net Assets 2011: $64,5572011Assets 2012: $108,455Liabilities 2012: $8,644Net Assets 2012: $99,8112012Assets 2013: $240,424Liabilities 2013: $12,588Net Assets 2013: $227,8362013Assets 2014: $581,290Liabilities 2014: $12,813Net Assets 2014: $568,4772014Assets 2015: $356,388Liabilities 2015: $7,781Net Assets 2015: $348,6072015Assets 2016: $330,000Liabilities 2016: $10,496Net Assets 2016: $319,5042016Assets 2017: $501,613Liabilities 2017: $14,054Net Assets 2017: $487,5592017Assets 2018: $731,342Liabilities 2018: $31,926Net Assets 2018: $699,4162018Assets 2019: $728,557Liabilities 2019: $91,417Net Assets 2019: $637,1402019Assets 2020: $942,200Liabilities 2020: $81,000Net Assets 2020: $861,2002020Assets 2021: $1,883,651Liabilities 2021: $19,795Net Assets 2021: $1,863,8562021Assets 2022: $1,293,211Liabilities 2022: $35,011Net Assets 2022: $1,258,2002022Assets 2023: $1,258,498Liabilities 2023: $15,545Net Assets 2023: $1,242,9532023Assets 2024: $983,916Liabilities 2024: $49,373Net Assets 2024: $934,5432024

Highlighted filing

2016

Assets$330,000
Liabilities$10,496
Net Assets$319,504

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $356,8752011Expenses 2012: $950,7692012Revenue 2013: $924,195Expenses 2013: $798,670Net Income 2013: $125,5252013Revenue 2014: $1,125,605Expenses 2014: $1,010,101Net Income 2014: $115,5042014Revenue 2015: $1,192,587Expenses 2015: $1,337,477Net Income 2015: -$144,8902015Revenue 2016: $1,124,402Expenses 2016: $1,059,328Net Income 2016: $65,0742016Revenue 2017: $1,223,198Expenses 2017: $1,241,163Net Income 2017: -$17,9652017Revenue 2018: $1,238,523Expenses 2018: $1,265,330Net Income 2018: -$26,8072018Revenue 2019: $2,010,230Expenses 2019: $2,088,217Net Income 2019: -$77,9872019Revenue 2020: $1,202,718Expenses 2020: $978,658Net Income 2020: $224,0602020Revenue 2021: $2,219,896Expenses 2021: $1,217,783Net Income 2021: $1,002,1132021Revenue 2022: $1,664,816Expenses 2022: $2,021,466Net Income 2022: -$356,6502022Revenue 2023: $1,428,727Expenses 2023: $1,519,000Net Income 2023: -$90,2732023Revenue 2024: $1,400,275Expenses 2024: $1,731,816Net Income 2024: -$331,5412024

Highlighted filing

2016

Revenue$1,124,402
Expenses$1,059,328
Net Income$65,074
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$1,186,570
Mission and Program Overview

Mission

The knights are an orchestral collective, flexible in size and repertory, dedicated to transforming the concert experience.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$220,779$200,968▼ $19,811
Accounts Receivable$56,552$65,834▲ $9,282
Cash and Non-Interest-Bearing Accounts$54,238$46,855▼ $7,383
Prepaid Expenses and Deferred Charges$24,819$16,343▼ $8,476
Total Assets$356,388$330,000▼ $26,388
Liabilities
Accounts Payable and Accrued Expenses$7,781$10,496▲ $2,715
Total Liabilities$7,781$10,496▲ $2,715
Net Assets / Fund Balance
Unrestricted Net Assets$185,950$251,024▲ $65,074
Temporarily Rstr Net Assets$162,657$68,480▼ $94,177
Total Net Assets Fund Balance$348,607$319,504▼ $29,103
Total Liabilities and Net Assets / Fund Balance$356,388$330,000▼ $26,388
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eric JacobsenArtistic DirectorPT$16,100$16,100
Colin JacobsenArtistic DirectorPT$15,050$15,050
Michael AtkinsonMusician Member, Ex Offici-$9,900$9,900

Board Members and Trustees

NameTitle
Carmela HaklischPresident
Gary L WassermanBoard Member
Gemzel a HernandezBoard Member
Graham ParkerBoard Member
Joanne LipmanBoard Member
Audrey FrancisSecretary
Guillaume CuvelierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$450,722
Program Service Revenue
$511,395
Investment Income
$189
Other Revenue
$162,096
All Other Contributions
$450,722
Change in Net Assets
$65,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,124,402
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-20,564
Total Revenue per Audited Statements
$1,103,838
Total Revenue per Form 990
$1,124,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$893,690
Salaries, Compensation, and Employee Benefits$165,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$411,834--$411,834
Other Salaries and Wages-$165,638-$165,638
Travel$152,190--$152,190
Fees for Services Management$80,500--$80,500
All Other Expenses$27,651$10,647-$38,298
Other Expenses$32,719$32,614-$32,614
Occupancy$12,255$13,200-$25,455
Office Expenses-$12,199-$12,199
Fees for Services Accounting-$10,743-$10,743
Total Functional Expenses$764,261$295,067$0$1,059,328

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,132,941
Expenses per Audited Statements$1,059,328
Total Expenses per Form 990$1,059,328
Expenses Not Reported on Form 990$73,613
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$224,264
Fundraising Direct Expenses$62,168
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
One Benefit Performance-self Admin$224,264$224,264$62,168$162,096
No Profess. Fundraisers Used----
Total Events$224,264$224,264$62,168$162,096
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 B, line 11B

Form 990 is reviewed by the board at a meeting after being reviewed by executive director with the auditor. Once approved, the returns are signed by the responsible officer and submitted for filing.

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

Officers, directors and key employees meet periodically with independent parties to review, monitor and provide compliance assurances against any conflicts of interest. Directors sign a conflict of interest statement.

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

The only compensation paid to a key employee is to the executive director who does not earn in excess of $100,000. The salary is reviewed and determined by the board of directors on an annual basis. The non-artistic members of the board of directors do not receive compensation.

Form 990, Part VI, Section C, line 19

The organization has a full disclosure policy and all information is available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Music Forward
EIN
45-0583417
Phone
3474575129
Address
1275 PROSPECT AVENUE, BROOKLYN, NY 11218
Doing Business As
The Knights

Signing Officer

Name
Guillaume Cuvelier
Title
Treasurer
Phone
3474575129
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Guillaume Cuvelier
Formed
2007
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Victoria Abecerra CPA
Address
8 BONNY DRIVE, SOMERS, NY 10589
Preparer
Victoria a Becerra CPA
Phone
9146178430
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

1) The Knights are a Grammy-nominated orchestral collective of musicians that share their love of music-making with communities around the world through performances, recordings, and engagement programs. The Knights' annual Home Season in Brooklyn contributes the orchestral voice to the borough's vibrant cultural life. The orchestra present an annual series of four evening concerts plus four family matinee performances, structured to introduce children of all ages to orchestral music. In this way, The Knights continue to eliminate barriers between music and audiences. 2) The Knights are committed to nurturing the next generation of music-lovers from all backgrounds and ages. Through their ongoing educational activities, The Knights engage students from public schools and community organizations, providing introductions to orchestral music to indepth ensemble coaching. Each year, hundreds of young people in Brooklyn and beyond are invited into Knights rehearsals, perform side-by-side with musicians, and attend interactive children's matinee performances. 3) The Knights tour annually throughout the United States, with alternate year international tours through Europe. The 2016 year included a multi-city tour with virtuosic violinist Gil Shaham, appearances at summer festivals including Tanglewood, Central Park, and Prospect Park, and the release of a new album which was nominated for a Grammy. Through touring, The Knights continue to present their unique curatorial voice and accessible concert format to new audiences around the world.

Form 990, Part IX, line 11G

MUSICIAN FEES: Program service expenses 411,834. Management and general expenses 0. Fundraising expenses 0. Total expenses 411,834.

Form 990, Part XI, line 9:

Net assets released from restrictions -162,657. Temporarily restricted net assets for next year 68,480.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Net change in temporarily restricted net assets - $94,177 fund raising revenue and expenses reported net on page 9 -$62,168

Part XII, Line 2D - Other Adjustments:

Fund raising revenue and expenses reported net on page 9 - $62,168

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0511395
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0318897
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0270
IRS990/PYOtherExpensesAmt01209441
IRS990/PYOtherRevenueAmt0206243
IRS990/PYProgramServiceRevenueAmt0667177
IRS990/PYRevenuesLessExpensesAmt0-144890
IRS990/PYSalariesCompEmpBnftPaidAmt0128036
IRS990/PYTotalExpensesAmt01337477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01192587
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt065074
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0511395
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0220779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200968
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0450722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0218917
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0326816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0304716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0359018
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01660189
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0511395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0667177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0641048
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0497534
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0568206
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02885360
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04545549
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0962117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0886094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0967864
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0802250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0927224
IRS990ScheduleA/Total509Grp/TotalAmt04545549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0962117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0886094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0967864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0802250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0927224
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04545549
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt011445
IRS990ScheduleD/DonatedServicesUseFcltsAmt011445
IRS990ScheduleD/ExpensesNotReportedAmt073613
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01059328
IRS990ScheduleD/OtherExpensesIncludedAmt062168
IRS990ScheduleD/OtherRevenueAmt0-32009
IRS990ScheduleD/RevenueNotReportedAmt0-20564
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01124402
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NET CHANGE IN TEMPORARILY RESTRICTED NET ASSETS - $94,177 FUND RAISING REVENUE AND EXPENSES REPORTED NET ON PAGE 9 -$62,168
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUND RAISING REVENUE AND EXPENSES REPORTED NET ON PAGE 9 - $62,168
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01059328
IRS990ScheduleD/TotalRevenuePerForm990Amt01124402
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01103838
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01132941
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0NO PROFESSIONAL FUNDRAISERS USED - ALL COMPLETED IN HOUSE
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0N/A
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0NA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd011218
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt062168
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ONE BENEFIT PERFORMANCE-SELF ADMIN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NO PROFESS. FUNDRAISERS USED
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0224264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0224264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0224264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0224264
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0162096
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt062168
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt062168
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) The Knights are a Grammy-nominated orchestral collective of musicians that share their love of music-making with communities around the world through performances, recordings, and engagement programs. The Knights' annual Home Season in Brooklyn contributes the orchestral voice to the borough's vibrant cultural life. The orchestra present an annual series of four evening concerts plus four family matinee performances, structured to introduce children of all ages to orchestral music. In this way, The Knights continue to eliminate barriers between music and audiences. 2) The Knights are committed to nurturing the next generation of music-lovers from all backgrounds and ages. Through their ongoing educational activities, The Knights engage students from public schools and community organizations, providing introductions to orchestral music to indepth ensemble coaching. Each year, hundreds of young people in Brooklyn and beyond are invited into Knights rehearsals, perform side-by-side with musicians, and attend interactive children's matinee performances. 3) The Knights tour annually throughout the United States, with alternate year international tours through Europe. The 2016 year included a multi-city tour with virtuosic violinist Gil Shaham, appearances at summer festivals including Tanglewood, Central Park, and Prospect Park, and the release of a new album which was nominated for a Grammy. Through touring, The Knights continue to present their unique curatorial voice and accessible concert format to new audiences around the world.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD AT A MEETING AFTER BEING REVIEWED BY EXECUTIVE DIRECTOR WITH THE AUDITOR. ONCE APPROVED, THE RETURNS ARE SIGNED BY THE RESPONSIBLE OFFICER AND SUBMITTED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS, DIRECTORS AND KEY EMPLOYEES MEET PERIODICALLY WITH INDEPENDENT PARTIES TO REVIEW, MONITOR AND PROVIDE COMPLIANCE ASSURANCES AGAINST ANY CONFLICTS OF INTEREST. DIRECTORS SIGN A CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ONLY COMPENSATION PAID TO A KEY EMPLOYEE IS TO THE EXECUTIVE DIRECTOR WHO DOES NOT EARN IN EXCESS OF $100,000. THE SALARY IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE NON-ARTISTIC MEMBERS OF THE BOARD OF DIRECTORS DO NOT RECEIVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A FULL DISCLOSURE POLICY AND ALL INFORMATION IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MUSICIAN FEES: Program service expenses 411,834. Management and general expenses 0. Fundraising expenses 0. Total expenses 411,834.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NET ASSETS RELEASED FROM RESTRICTIONS -162,657. TEMPORARILY RESTRICTED NET ASSETS FOR NEXT YEAR 68,480.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0162657
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt068480
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0356388
IRS990/TotalAssetsEOYAmt0330000
IRS990/TotalAssetsGrp/BOYAmt0356388
IRS990/TotalAssetsGrp/EOYAmt0330000
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0450722
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0295067
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0764261
IRS990/TotalFunctionalExpensesGrp/TotalAmt01059328
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07781
IRS990/TotalLiabilitiesEOYAmt010496
IRS990/TotalLiabilitiesGrp/BOYAmt07781
IRS990/TotalLiabilitiesGrp/EOYAmt010496
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0348607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0319504
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0764261
IRS990/TotalProgramServiceRevenueAmt0511395
IRS990/TotalReportableCompFromOrgAmt041050
IRS990/TotalRevenueGrp/ExclusionAmt0162285
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0511395

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.05$0.93$1.40$1.73$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.02$1.24$1.43$1.52$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.04$1.26$1.66$2.02$0.36
2021Detailed filing. Detailed filing data is available for this year.$1.88$0.02$1.86$2.22$1.22$1.00
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.08$0.86$1.20$0.98$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.09$0.64$2.01$2.09$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.03$0.70$1.24$1.27$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$1.22$1.24$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.12$1.06$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$1.19$1.34$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$1.13$1.01$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.23$0.92$0.80$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.02$0.06$0.36