Civic Intelligence

Institute for Creative Music

990EZ • Fiscal year 2021 • EIN 45-3533824

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 03, 2021

2031 Malone StreetDenton, TX 76201

(509) 230-0688

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

59th percentile

16%

Higher net margin than 59% 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

7th percentile

-56%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-71%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$3,522

Down $4,488 (-56%) from 2020

Net Assets

Down

$3,522

Down $4,488 (-56%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$23,920

Down $57,420 (-71%) from 2020

Expenses

Down

$20,193

Down $55,849 (-73%) from 2020

Net Income

Down

$3,727

Down $1,571 (-30%) from 2020

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0Assets 2019: $2,712Liabilities 2019: $0Net Assets 2019: $2,7122019Assets 2020: $8,010Liabilities 2020: $0Net Assets 2020: $8,0102020Assets 2021: $3,522Liabilities 2021: $0Net Assets 2021: $3,5222021Assets 2024: $8,236Liabilities 2024: $0Net Assets 2024: $8,2362024

Highlighted filing

2021

Assets$3,522
Liabilities$0
Net Assets$3,522

Operations Trend

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

$100K$50K$0Revenue 2019: $29,049Expenses 2019: $26,703Net Income 2019: $2,3462019Revenue 2020: $81,340Expenses 2020: $76,042Net Income 2020: $5,2982020Revenue 2021: $23,920Expenses 2021: $20,193Net Income 2021: $3,7272021Revenue 2024: $41,772Expenses 2024: $38,332Net Income 2024: $3,4402024

Highlighted filing

2021

Revenue$23,920
Expenses$20,193
Net Income$3,727
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 3, 2021
Return Version
2020v4.0
Gross Receipts
$23,920
Mission and Program Overview

Mission

The teaching artists at the Institute for Creative Music are dedicated to applying their experiences as young performers working in a rapidly changing music scene to crafting a fresh vision for contemporary music education. Through programs that are accessible to students of all backgrounds and abilities, IfCM musicians bring not only their performance training at top-tier schools like Juilliard and the Eastman School of Music but also their familiarity with building multifaceted careers in the 21st-century music marketplace. Students benefit from active participation In unique, energetic IfCM learning experiences that emphasize strong musical fundamentals, the flexibility of improvisation, an understanding of current technologies, and peer-directed teamwork as the skills necessary to create their own musical mark on the world.

The Institute for Creative Music is dedicated to building a fresh model for contemporary jazz education through integrative learning and performance experiences. Since 2011, the IfCM has been collaborating with schools, organizations, and individuals throughout the United States. Given the origins of jazz as Black American Music and its connections to the fight for social justice, our teaching aims to center not just the mechanics of the music, but its history, culture, and capacity to create change. Jazz and improvised music serve as inspiration for justice and equality through communication, collaboration, understanding, and the amplification of Black voices in American culture. IfCM ensembles, workshops, camps, and courses are intergenerational and accessible to students of all backgrounds and abilities. This programming emphasizes strong musical fundamentals, the flexibility of improvisation, the importance of historical and cultural context, an understanding of current technologie

Program Services

DescriptionGrantsExpenses
Creative Jazz Fundamentals online jazz education software created for use in the University of Arkansas Community Music School$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher TealCo-Director/TreasurerPT$0--
Nick FinzerCo-Director-$0--
Filing and Contact Details

Filer

Filer Name
Institute for Creative Music
EIN
45-3533824
Phone
5092300688
Address
2031 Malone Street, Denton, TX 76201

Signing Officer

Name
Chris Teal
Title
Treasurer
Phone
5092300688
Signed
2021-08-03
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 20

Ajustment for unpaid invoices from fiscal 2019

Raw XML Appendix189 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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