Civic Intelligence

Iam Music Inc.

990EZ • Fiscal year 2015 • EIN 46-4504205

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 28, 2016

Organization ProfileN/A
1315 MainDurango, CO 81301

(970) 799-7450

Siviq Scores

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

Liabilities / Assets

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets78th percentile

Assets

$12,402

No earlier filing loaded for comparison.

Net Assets

$10,893

No earlier filing loaded for comparison.

Liabilities

$1,509

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin55th percentile

Revenue

$134,486

No earlier filing loaded for comparison.

Expenses

$127,302

No earlier filing loaded for comparison.

Net Income

$7,184

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0-$20KAssets 2015: $12,402Liabilities 2015: $1,509Net Assets 2015: $10,8932015Assets 2016: $8,172Liabilities 2016: $3,069Net Assets 2016: $5,1032016Assets 2017: $5,593Liabilities 2017: $944Net Assets 2017: $4,6492017Assets 2018: $7,618Liabilities 2018: $944Net Assets 2018: $6,6742018Assets 2019: $1,147Liabilities 2019: $7,253Net Assets 2019: -$6,1062019Assets 2020: $29,256Liabilities 2020: $594Net Assets 2020: $28,6622020Assets 2021: $27,046Liabilities 2021: $2,437Net Assets 2021: $24,6092021Assets 2022: $51,405Liabilities 2022: $20,004Net Assets 2022: $31,4012022Assets 2023: $27,681Liabilities 2023: $25,785Net Assets 2023: $1,8962023Assets 2024: $55,308Liabilities 2024: $26,625Net Assets 2024: $28,6832024

Highlighted filing

2015

Assets$12,402
Liabilities$1,509
Net Assets$10,893
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2015: $134,486Expenses 2015: $127,302Net Income 2015: $7,1842015Revenue 2016: $143,626Expenses 2016: $149,416Net Income 2016: -$5,7902016Revenue 2017: $128,384Expenses 2017: $128,838Net Income 2017: -$4542017Revenue 2018: $179,221Expenses 2018: $177,196Net Income 2018: $2,0252018Revenue 2019: $191,999Expenses 2019: $204,779Net Income 2019: -$12,7802019Revenue 2020: $239,956Expenses 2020: $205,188Net Income 2020: $34,7682020Revenue 2021: $289,025Expenses 2021: $293,078Net Income 2021: -$4,0532021Revenue 2022: $430,193Expenses 2022: $423,401Net Income 2022: $6,7922022Revenue 2023: $386,734Expenses 2023: $410,430Net Income 2023: -$23,6962023Revenue 2024: $454,835Expenses 2024: $444,655Net Income 2024: $10,1802024

Highlighted filing

2015

Revenue$134,486
Expenses$127,302
Net Income$7,184
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 28, 2016
Return Version
2015v2.1
Gross Receipts
$155,746
Mission and Program Overview

Mission

Muscial Education

Program Services

DescriptionGrantsExpenses
Development and execution of educational musical programs for over 300 children. Musical education is provided to children at 5 schools that offer limited music programs Private lessons and instrument rental are given at a greatly reduced price.-$127,302
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE BISHOPPresidentPT$0--
GREG MURRAYVice President-$0--
JENNIFER JENKINSTreasurer-$0--
JILL WRIGHTSecretary-$0--
BILL FISHERDirector-$0--
CLAYTON LABAUMEDirector-$0--
DREHER ROBINSONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival$26,746$26,746$21,260$5,486
Total Events$26,746$26,746$21,260$5,486
Filing and Contact Details

Filer

Filer Name
IAM Music Inc
EIN
46-4504205
Phone
9707997450
Address
1315 Main, Durango, CO 81301

Signing Officer

Name
Jennifer Jenkins
Title
Treasurer
Phone
9707997450
Signed
2016-04-28

Preparer

Firm
Mickey Ramsey CPA
Address
1130 MAIN AVENUE 2ND FLR, DURANGO, CO 81301
Preparer
Mickey Ramsey
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Advertising 536. Bank fees 168. Music supplies 10032. Meetings 298. Supplies 3281. Telephone, communications 3790. Insurance 1683. Donations 267. Internet/website 277. Licenses and fees 60. Credit card fees 1763. Parking/fuel/mileage 895. Show expenses 978.”

Form 990EZ, Part II, Line 24

“DUE FROM 730. 905.”

Form 990EZ, Part II, Line 26

“Credit card payable 1509.”

Raw XML Appendix157 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Durango
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd081301
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOE BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GREG MURRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER JENKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JILL WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BILL FISHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CLAYTON LABAUME
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DREHER ROBINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0730
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0905
IRS990EZ/OtherExpensesTotalAmt024028
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Muscial Education
IRS990EZ/PrintingPublicationsPostageAmt01246
IRS990EZ/ProgramServiceRevenueAmt099778
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Development and execution of educational musical programs for over 300 children. Musical education is provided to children at 5 schools that offer limited music programs Private lessons and instrument rental are given at a greatly reduced price.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0127302
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt035384
IRS990EZ/SaleOfAssetsGrossAmt02462
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt05486
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01509
IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0751
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt027511
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0128986
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0174892
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021260
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 536. BANK FEES 168. MUSIC SUPPLIES 10032. MEETINGS 298. SUPPLIES 3281. TELEPHONE, COMMUNICATIONS 3790. INSURANCE 1683. DONATIONS 267. INTERNET/WEBSITE 277. LICENSES AND FEES 60. CREDIT CARD FEES 1763. PARKING/FUEL/MILEAGE 895. SHOW EXPENSES 978.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE FROM 730. 905.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 1509.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER JENKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09707997450
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IAM Music Inc
ReturnHeader/Filer/BusinessNameControlTxt0IAMM
ReturnHeader/Filer/EIN0464504205
ReturnHeader/Filer/PhoneNum09707997450
ReturnHeader/Filer/USAddress/AddressLine1Txt01315 Main
ReturnHeader/Filer/USAddress/CityNm0Durango
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICKEY RAMSEY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01130 MAIN AVENUE 2ND FLR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURANGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081301
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICKEY RAMSEY
ReturnHeader/ReturnTs02016-05-09T08:15:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,402
Liabilities
$1,509
Net assets
$10,893
Revenue
$134,486
Expenses
$127,302
Net income
$7,184
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.27$0.29$4.55$4.45$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.26$0.02$3.87$4.10$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.20$0.31$4.30$4.23$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.25$2.89$2.93$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.29$2.40$2.05$0.35
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.07$0.06$1.92$2.05$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$1.79$1.77$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$1.28$1.29$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$1.44$1.49$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.02$0.11$1.34$1.27$0.07