Civic Intelligence

Opportunity Music Project Inc.

990EZ • Fiscal year 2017 • EIN 46-3720737

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

4 West 43rd StreetNew York, NY 10036

(917) 741-3190

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$28,843

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 17.9% of source-year revenue.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Asset Growth

20th percentile

-23%

Faster asset growth than 20% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

34%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$59,022

Down $18,060 (-23%) from 2016

Net Assets

Down

$59,022

Down $16,757 (-22%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$160,698

Up $40,493 (+34%) from 2016

Expenses

Up

$177,455

Up $68,476 (+63%) from 2016

Net Income

Down

-$16,757

Down $27,983 (-249%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $4,708Liabilities 2013: $0Net Assets 2013: $4,7082013Assets 2014: $783Liabilities 2014: $0Net Assets 2014: $7832014Assets 2015: $65,856Liabilities 2015: $1,303Net Assets 2015: $64,5532015Assets 2016: $77,082Liabilities 2016: $1,303Net Assets 2016: $75,7792016Assets 2017: $59,022Net Assets 2017: $59,0222017Assets 2018: $173,788Liabilities 2018: $26,000Net Assets 2018: $147,7882018Assets 2019: $146,826Liabilities 2019: $0Net Assets 2019: $146,8262019Assets 2020: $130,244Liabilities 2020: $0Net Assets 2020: $130,2442020Assets 2021: $145,225Liabilities 2021: $0Net Assets 2021: $145,2252021Assets 2022: $127,402Liabilities 2022: $15,032Net Assets 2022: $112,3702022Assets 2023: $152,189Liabilities 2023: $7,496Net Assets 2023: $144,6932023Assets 2024: $69,450Liabilities 2024: $1,254Net Assets 2024: $68,1962024

Highlighted filing

2017

Assets$59,022
Liabilities-
Net Assets$59,022

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $25,862Expenses 2013: $21,154Net Income 2013: $4,7082013Revenue 2014: $38,900Expenses 2014: $42,825Net Income 2014: -$3,9252014Revenue 2015: $116,702Expenses 2015: $52,932Net Income 2015: $63,7702015Revenue 2016: $120,205Expenses 2016: $108,979Net Income 2016: $11,2262016Revenue 2017: $160,698Expenses 2017: $177,455Net Income 2017: -$16,7572017Revenue 2018: $254,471Expenses 2018: $165,705Net Income 2018: $88,7662018Revenue 2019: $341,948Expenses 2019: $342,906Net Income 2019: -$9582019Revenue 2020: $229,553Expenses 2020: $250,650Net Income 2020: -$21,0972020Revenue 2021: $285,846Expenses 2021: $270,865Net Income 2021: $14,9812021Revenue 2022: $352,692Expenses 2022: $385,547Net Income 2022: -$32,8552022Revenue 2023: $443,898Expenses 2023: $411,575Net Income 2023: $32,3232023Revenue 2024: $151,590Expenses 2024: $228,087Net Income 2024: -$76,4972024

Highlighted filing

2017

Revenue$160,698
Expenses$177,455
Net Income-$16,757
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$160,698
Mission and Program Overview

Mission

We promote diversity in the arts, and expand access for young artists historically underrepresented in classical music. The mission of Opportunity Music Project is to create a community where all children, regardless of economic background, can pursue their passion for music and gain the valuable personal and collaborative skills associated with the rigors of learning an instrument. Opportunity Music Project began in April 2011 with seven students. The program now serves a community of 125 students ages 4 years old to 18 years old from all boroughs of New York City.

Every child needs the opportunity to experience music. They also need a supportive family environment. Finally,to enter the world as outstanding citizens and leaders, they need the first-hand experience of sharing their talent to benefit society. Opportunity Music Project works towards giving our students these crucial tools.

Program Services

DescriptionGrantsExpenses
This project locates dedicated families with a child interested in music and offers them the opportunity to take private music lessons. A pilar of the project is the element of service that students in turn provide to their community by giving back in the form of recitals to social groups such as the elderly and homeless. Students and their families become active owners of their project.$154,240-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessica GarandSecretaryFT$28,843-$28,843
Andy PlaistedPresident-$0--
Meghan E GeciTreasurer-$0--
Mark DimiliaDirector-$0--
Andrew EllenbogenDirector-$0--
Viral GandhiDirector-$0--
Grace KimDirector-$0--
Barli NugentDirector-$0--
Filing and Contact Details

Filer

Filer Name
Opportunity Music Project Inc
EIN
46-3720737
Phone
9177413190
Address
4 West 43rd Street, New York, NY 10036

Signing Officer

Name
Jessica Garand
Title
Secretary
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Rios & Mcgarrigle LLC
Address
100 PARK AVE SUITE 1600, NEW YORK, NY 10017-5538
Preparer
Dolly Rios
Phone
2129841057
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $318

Other Expenses.1002

Office Expenses $2699

Other Expenses.1005

Travel $2484

Other Expenses.1009

Depreciation $16392

Other Expenses.1012

Insurance $1345

Other Expenses.1

Classroom supplies $1496

Other Expenses.2

Bank and processing fees $1342

Other Expenses.3

Meals and entertainment $402

Other Expenses.4

Other miscellaneous expenses $67

Other Expenses.5

Membership dues $35

Other Assets.1003

Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $30606

Other Assets.1

Security deposit - Beginning $300 Security deposit - Ending $300

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $1303 Payable to Officers, Directors, Etc. - Ending $0

Raw XML Appendix172 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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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/Filer/EIN0463720737
ReturnHeader/Filer/PhoneNum09177413190
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ReturnHeader/ReturnTs02018-11-15T13:01:10-08:00
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$1.52$2.28$0.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.07$1.45$4.44$4.12$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.15$1.12$3.53$3.86$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$2.86$2.71$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.00$1.30$2.30$2.51$0.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$3.42$3.43$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.26$1.48$2.54$1.66$0.89
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.59$1.61$1.77$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.01$0.76$1.20$1.09$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.01$0.65$1.17$0.53$0.64
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.39$0.43$0.04
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.26$0.21$0.05