Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
23.89x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
Up$932
Up $358 (+62%) from 2015
Net Assets
Down-$21,330
Down $1,109 (-5.5%) from 2015
Liabilities
Up$22,262
Up $1,467 (+7.1%) from 2015
Revenue And Expenses
Revenue
Down$5,295
Down $9 (-0.2%) from 2015
Expenses
Down$6,404
Down $4,245 (-40%) from 2015
Net Income
Up-$1,109
Up $4,236 (+79%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- May 2, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $5,295
Mission and Program Overview
Mission
Provide creative, professional, and cultural resources worldwide for artists, organizations who present new music, and members of an interested public.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WE PROVIDE A PLATFORM TO SHARE IDEAS, OPPORTUNITIES, INFORMATION, AND KNOWLEDGE BY POSTING AN ARTISTS ACTIVITIES IN AN INTERNET-BASED CALENDAR. | $0 | $4,163 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOEL CHADABE | President | PT | $0 | - | - |
| TAE HONG PARK | Vice President | PT | $0 | - | - |
| ROY ALTMAN | Treasurer | PT | $0 | - | - |
| ISABELLE DECONINCK | Secretary | PT | $0 | - | - |
| JOHN SULLIVAN | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- New World Music Ltd
- EIN
- 46-1298558
- Phone
- 2129671100
- Address
- 150 WEST END AVENUE NO 20K, NEW YORK, NY 10023
Signing Officer
- Name
- Joel Chadabe
- Title
- President
- Phone
- 2129671100
- Signed
- 2017-05-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Skody Scot & Co Cpas Pc
- Address
- 520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
- Preparer
- William Skody
- Phone
- 2129671100
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising. Amount: 1,490. Description: bank service fees. Amount: 1,961. Description: web design and maintenance. Amount: 2,400. Description: events and demonstrations. Amount: 100. Description: other outsourced work. Amount: 173. Total to form 990-ez, line 16: 6,124.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: loans receivable. Beg. Of year amount: 400. End of year amount: 400. Description: other receivables. Beg. Of year amount: 0. End of year amount: 200.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to officer. Beg. Of year amount: 16,274. End of year amount: 18,222. Description: due to others. Beg. Of year amount: 4,521. End of year amount: 4,040.”
Raw XML Appendix155 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2129671100 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 150 WEST END AVENUE NO 20K |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10023 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 174 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 332 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1109 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 280 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 574 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 932 |
| IRS990EZ/GrossReceiptsAmt | 0 | 5295 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 18222 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MembershipDuesAmt | 0 | 4502 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -20221 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -21330 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -20221 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -21330 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOEL CHADABE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TAE HONG PARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROY ALTMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ISABELLE DECONINCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JOHN SULLIVAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 400 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 600 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6124 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE CREATIVE, PROFESSIONAL, AND CULTURAL RESOURCES WORLDWIDE FOR ARTISTS, ORGANIZATIONS WHO PRESENT NEW MUSIC, AND MEMBERS OF AN INTERESTED PUBLIC. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 793 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WE PROVIDE A PLATFORM TO SHARE IDEAS, OPPORTUNITIES, INFORMATION, AND KNOWLEDGE BY POSTING AN ARTISTS ACTIVITIES IN AN INTERNET-BASED CALENDAR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 4163 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 20795 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 22262 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 6404 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 4163 |
| IRS990EZ/TotalRevenueAmt | 0 | 5295 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | NEWMUSICWORLD.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 4502 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5304 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 9806 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 793 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 9806 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 4502 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5304 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 9806 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 9806 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 18222 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | OPERATING EXPENSES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | JOEL CHADABE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 18222 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ADVERTISING. AMOUNT: 1,490. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 1,961. DESCRIPTION: WEB DESIGN AND MAINTENANCE. AMOUNT: 2,400. DESCRIPTION: EVENTS AND DEMONSTRATIONS. AMOUNT: 100. DESCRIPTION: OTHER OUTSOURCED WORK. AMOUNT: 173. TOTAL TO FORM 990-EZ, LINE 16: 6,124. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 400. END OF YEAR AMOUNT: 400. DESCRIPTION: OTHER RECEIVABLES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 200. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 16,274. END OF YEAR AMOUNT: 18,222. DESCRIPTION: DUE TO OTHERS. BEG. OF YEAR AMOUNT: 4,521. END OF YEAR AMOUNT: 4,040. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOEL CHADABE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2129671100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW WORLD MUSIC LTD |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWW |
| ReturnHeader/Filer/EIN | 0 | 461298558 |
| ReturnHeader/Filer/PhoneNum | 0 | 2129671100 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 150 WEST END AVENUE NO 20K |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10023 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 133597814 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SKODY SCOT & CO CPAS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 520 EIGHTH AVE SUITE 2200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10018 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2129671100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-05-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM SKODY |
| ReturnHeader/ReturnTs | 0 | 2017-05-02T15:30:34-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $932
- Liabilities
- $22,262
- Net assets
- -$21,330
- Revenue
- $5,295
- Expenses
- $6,404
- Net income
- -$1,109