Civic Intelligence

Nu Deco Ensemble Inc.

990 • Fiscal year 2023 • EIN 46-2816614

Jul 01, 2022 to Jun 30, 2023 • Filed on May 08, 2024

2100 Biscayne BlvdMiami, FL 33137

(305) 497-0644

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.85x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

48th percentile

3.3%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

97th percentile

180%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$338,805

Up $217,929 (+180%) from 2022

Net Assets

Up

$51,682

Up $68,358 (+410%) from 2022

Liabilities

Up

$287,123

Up $149,571 (+109%) from 2022

Revenue

Up

$2,044,297

Up $560,496 (+38%) from 2022

Expenses

Up

$1,975,939

Up $413,340 (+26%) from 2022

Net Income

Up

$68,358

Up $147,156 (+187%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2014: $400Liabilities 2014: $02014Assets 2015: $77,212Liabilities 2015: $02015Assets 2016: $67,274Liabilities 2016: $23,419Net Assets 2016: $43,8552016Assets 2017: $108,630Liabilities 2017: $23,419Net Assets 2017: $85,2112017Assets 2018: $222,365Liabilities 2018: $93,613Net Assets 2018: $128,7522018Assets 2019: $344,817Liabilities 2019: $110,568Net Assets 2019: $234,2492019Assets 2020: $170,327Liabilities 2020: $139,462Net Assets 2020: $30,8652020Assets 2021: $264,007Liabilities 2021: $201,885Net Assets 2021: $62,1222021Assets 2022: $120,876Liabilities 2022: $137,552Net Assets 2022: -$16,6762022Assets 2023: $338,805Liabilities 2023: $287,123Net Assets 2023: $51,6822023Assets 2024: $707,862Liabilities 2024: $210,465Net Assets 2024: $497,3972024

Highlighted filing

2023

Assets$338,805
Liabilities$287,123
Net Assets$51,682

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $12,850Expenses 2014: $6,810Net Income 2014: $6,0402014Revenue 2015: $194,183Expenses 2015: $118,006Net Income 2015: $76,1772015Revenue 2016: $442,164Expenses 2016: $448,171Net Income 2016: -$6,0072016Revenue 2017: $702,365Expenses 2017: $661,393Net Income 2017: $40,9722017Revenue 2018: $1,265,099Expenses 2018: $1,202,925Net Income 2018: $62,1742018Revenue 2019: $1,462,047Expenses 2019: $1,404,968Net Income 2019: $57,0792019Revenue 2020: $332,553Expenses 2020: $535,937Net Income 2020: -$203,3842020Revenue 2021: $1,216,119Expenses 2021: $1,184,862Net Income 2021: $31,2572021Revenue 2022: $1,483,801Expenses 2022: $1,562,599Net Income 2022: -$78,7982022Revenue 2023: $2,044,297Expenses 2023: $1,975,939Net Income 2023: $68,3582023Revenue 2024: $1,975,505Expenses 2024: $2,208,180Net Income 2024: -$232,6752024

Highlighted filing

2023

Revenue$2,044,297
Expenses$1,975,939
Net Income$68,358
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 8, 2024
Return Version
2022v5.0
Gross Receipts
$2,044,297
Mission and Program Overview

Mission

Nu Deco is virtuostic and eclectic chamber orchestra for the 21st century. Our mission is to create compelling and transformative genre-bending musical experiences to inspire, enrich and connect new and diverse audiences and artists.

Nu deco is a virtuostic and eclectic chamber orchestra for the 21st century. Our mission is to create compelling and transformative genre-bending musical experiences to inspire, enrich and connect new diverse audiences and artists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,026$230,911▲ $176,885
Pledges and Grants Receivable$54,742$99,933▲ $45,191
Rtn Earn Endowment Incm Other Fnds$-16,676$51,682▲ $68,358
Land, Buildings, and Equipment, Net$9,569$5,746▼ $3,823
Prepaid Expenses and Deferred Charges$2,539$2,215▼ $324
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$120,876$338,805▲ $217,929
Liabilities
Deferred Revenue$760$250,000▲ $249,240
Unsecured Notes Loans Payable$59,515$0▼ $59,515
Accounts Payable and Accrued Expenses$46,970$37,123▼ $9,847
Other Liabilities$30,307$0▼ $30,307
Total Liabilities$137,552$287,123▲ $149,571
Net Assets / Fund Balance
Total Net Assets Fund Balance$-16,676$51,682▲ $68,358
Total Liabilities and Net Assets / Fund Balance$120,876$338,805▲ $217,929

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,746$13,369$19,115
Compensation and Service Providers

Board Members and Trustees

NameTitle
Deborah SlottBoard Chair
Adam SchwartzbaumBoard Member
Alexander TecleBoard Member
Ana Maria OrtegaBoard Member
Carlton FordBoard Member
Emily BorababyBoard Member
James WolcottBoard Member
Michael BermanBoard Member
Natalia Martinez-kaliniaBoard Member
Rebekah MonsonBoard Member
Samuel BaumBoard Member
Daniel BaltzegarCFO / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,584,958
Program Service Revenue
$399,824
Investment Income
$0
Other Revenue
$59,515
All Other Contributions
$1,172,414
Change in Net Assets
$68,358

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,044,297
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$82,172
Total Revenue per Audited Statements
$2,126,469
Total Revenue per Form 990
$2,044,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,394,046
Salaries, Compensation, and Employee Benefits$581,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$176,338$336,901-$513,239
Fees for Services Other$9,467$460,508-$469,975
Advertising$110,288$7,708-$117,996
Fees for Services Accounting$1,048$50,974-$52,022
Travel$40,506$6,082-$46,588
Payroll Taxes$14,335$27,388-$41,723
Other Employee Benefits$9,253$17,678-$26,931
All Other Expenses$8,062$2,932-$10,994
Other Expenses$214$10,406-$10,620
Insurance$110$5,337-$5,447
Office Expenses$109$5,294-$5,403
Interest$85$4,127-$4,212
Depreciation Depletion$77$3,746-$3,823
Total Functional Expenses$995,626$980,313$0$1,975,939

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,058,112
Expenses per Audited Statements$1,975,940
Total Expenses per Form 990$1,975,940
Expenses Not Reported on Form 990$82,172
Expenses Not Reported on Financial Statements$0
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
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

The organization has members with the power to elect to appoint one or more members to the governing body.

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

The organization permits certain governance decisions to be made by persons other than the governing body.

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

The board reviews and approves the 990 before filing.

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

Part vii-section (b), paragraph 12(a): nu deco has a conflict of interest (coi) policy. Each member of the board is issued a copy of this policy. Article iii of the coi requires "an interested person must disclose the existence of the financial interest and must be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement". Sections 3.2 & 3.3 of article iii of the coi also describe the determination and procedures should a conflict of interest arise. Furthermore, section 3.4 describes if and when a board member(s) discover a possible conflict, the member in question shall be informed and be given the opportunity to disclose the matter and the governing body can determine the outcome including disciplinary action of the member in question.

Form 990, Part VI, Section B, Line 15

Part vi - question 15(a); process of determining compensation: the board of directors are responsible for determining the compensation of any employee of the company, but any voting member who receives compensation, directory or indirectly, is precluded from voting on matters pertaining to his/her own compensation. Comparable date from other music organizations is reviewed by the executive board to determine compensation.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Nu Deco Ensemble Inc
EIN
46-2816614
Phone
3054970644
Address
2100 BISCAYNE BLVD, MIAMI, FL 33137

Signing Officer

Name
Sam Hyken
Title
Chief Executive Officer
Phone
3054970644
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Hyken
Formed
2013
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
9
Volunteers
15

Preparer

Firm
Kaufman Rossin & Copa
Address
3310 MARY STREET SUITE 501, MIAMI, FL 33133
Preparer
Heidi Suarez CPA
Phone
3058585600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside contracted services: program service expenses 9,467. Management and general expenses 460,508. Fundraising expenses 0. Total expenses 469,975.

FORM 990.PART XII, LINE 2C:

Audit committee oversight process: there was no change in the oversight process during the tax year.

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IRS990/OtherExpensesGrp/Desc0PRODUCTION COSTS FOR ED
IRS990/OtherExpensesGrp/Desc1OTHER ARTISTIC AND PROD
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3OTHER GENERAL AND ADMIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06051
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14365
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt230816
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt310406
IRS990/OtherExpensesGrp/ProgramServicesAmt0413223
IRS990/OtherExpensesGrp/ProgramServicesAmt1211877
IRS990/OtherExpensesGrp/ProgramServicesAmt2634
IRS990/OtherExpensesGrp/ProgramServicesAmt3214
IRS990/OtherExpensesGrp/TotalAmt0419274
IRS990/OtherExpensesGrp/TotalAmt1216242
IRS990/OtherExpensesGrp/TotalAmt231450
IRS990/OtherExpensesGrp/TotalAmt310620
IRS990/OtherLiabilitiesGrp/BOYAmt030307
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0LOAN FORGIVENESS INCOM
IRS990/OtherRevenueMiscGrp/ExclusionAmt059515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059515
IRS990/OtherRevenueTotalAmt059515
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0336901
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0176338
IRS990/OtherSalariesAndWagesGrp/TotalAmt0513239
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027388
IRS990/PayrollTaxesGrp/ProgramServicesAmt014335
IRS990/PayrollTaxesGrp/TotalAmt041723
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt054742
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt099933
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02539
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02215
IRS990/PrincipalOfficerNm0SAM HYKEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/Desc0CONCERT FEE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0375317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0375317
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION & OUTREACH - IN 2022-23, NU DECO PROVIDED LIVE EDUCATION PERFORMANCE PROGRAMS FOR OVER 3,500 STUDENTS IN MIAMI-DADE AND OVER 37,954 STUDENTS THROUGH ITS VIRTUAL PROGRAM. IN ADDITION TO THE PERFORMANCES, NU DECO PROVIDED STUDENT MENTORING THROUGH IN-SCHOOL PROGRAMS FOR ALMOST 2,000 STUDENTS AND 50 STUDENTS THROUGH ITS YOUTH ENSEMBLE, NU DECO NXT, FOR STUDENTS IN GRADES 7-12.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0379898
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0974885
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02500
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01084007
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0508916
IRS990/PYRevenuesLessExpensesAmt0-78798
IRS990/PYSalariesCompEmpBnftPaidAmt0476092
IRS990/PYTotalExpensesAmt01562599
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01483801
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt068358
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0359187
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-16676
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt051682
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt060087
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt060087
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01584958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0974884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01047399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01144480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0961699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05713420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0399824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0508916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0168720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0317567
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0303430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01698457
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91630
IRS990ScheduleA/PublicSupportPY509Pct00.94550
IRS990ScheduleA/PublicSupportTotal509Amt06791330
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0345608
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0156852
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt029000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt089087
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0620547
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0345608
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0156852
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt029000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt029000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0560460
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01984782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01483800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01216119
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01462047
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01265129
IRS990ScheduleA/Total509Grp/TotalAmt07411877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01984782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01483800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01216119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01462047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01265129
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07411877
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/DonatedServicesAndUseFcltsAmt082172
IRS990ScheduleD/DonatedServicesUseFcltsAmt082172
IRS990ScheduleD/EquipmentGrp/BookValueAmt05746
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013369
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019115
IRS990ScheduleD/ExpensesNotReportedAmt082172
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01975940
IRS990ScheduleD/RevenueNotReportedAmt082172
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02044297
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05746
IRS990ScheduleD/TotalExpensesPerForm990Amt01975940
IRS990ScheduleD/TotalRevenuePerForm990Amt02044297
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02126469
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02058112
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WITH THE POWER TO ELECT TO APPOINT ONE OR MORE MEMBERS TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PERMITS CERTAIN GOVERNANCE DECISIONS TO BE MADE BY PERSONS OTHER THAN THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PART VII-SECTION (B), PARAGRAPH 12(A): NU DECO HAS A CONFLICT OF INTEREST (COI) POLICY. EACH MEMBER OF THE BOARD IS ISSUED A COPY OF THIS POLICY. ARTICLE III OF THE COI REQUIRES "AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT". SECTIONS 3.2 & 3.3 OF ARTICLE III OF THE COI ALSO DESCRIBE THE DETERMINATION AND PROCEDURES SHOULD A CONFLICT OF INTEREST ARISE. FURTHERMORE, SECTION 3.4 DESCRIBES IF AND WHEN A BOARD MEMBER(S) DISCOVER A POSSIBLE CONFLICT, THE MEMBER IN QUESTION SHALL BE INFORMED AND BE GIVEN THE OPPORTUNITY TO DISCLOSE THE MATTER AND THE GOVERNING BODY CAN DETERMINE THE OUTCOME INCLUDING DISCIPLINARY ACTION OF THE MEMBER IN QUESTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART VI - QUESTION 15(A); PROCESS OF DETERMINING COMPENSATION: THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR DETERMINING THE COMPENSATION OF ANY EMPLOYEE OF THE COMPANY, BUT ANY VOTING MEMBER WHO RECEIVES COMPENSATION, DIRECTORY OR INDIRECTLY, IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO HIS/HER OWN COMPENSATION. COMPARABLE DATE FROM OTHER MUSIC ORGANIZATIONS IS REVIEWED BY THE EXECUTIVE BOARD TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OUTSIDE CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 9,467. MANAGEMENT AND GENERAL EXPENSES 460,508. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 469,975.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AUDIT COMMITTEE OVERSIGHT PROCESS: THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990.PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

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