Civic Intelligence

The Valley Winds Inc

990EZ • Fiscal year 2023 • EIN 47-2444031

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 26, 2024

9 Hedgerow LaneAmherst, MA 01002

(571) 278-6820

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$3,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

34th percentile

-8.6%

Faster revenue growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$19,992

Up $4,486 (+29%) from 2022

Net Assets

Up

$19,992

Up $4,486 (+29%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$22,189

Down $2,090 (-8.6%) from 2022

Expenses

Down

$17,703

Down $716 (-3.9%) from 2022

Net Income

Down

$4,486

Down $1,374 (-23%) from 2022

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2016: $1,650Net Assets 2016: $1,6502016Assets 2017: $2,862Net Assets 2017: $2,8622017Assets 2018: $4,182Net Assets 2018: $4,1822018Assets 2019: $4,378Liabilities 2019: $0Net Assets 2019: $4,3782019Assets 2020: $9,871Liabilities 2020: $0Net Assets 2020: $9,8712020Assets 2021: $9,646Liabilities 2021: $02021Assets 2022: $15,506Liabilities 2022: $0Net Assets 2022: $15,5062022Assets 2023: $19,992Liabilities 2023: $0Net Assets 2023: $19,9922023Assets 2024: $18,531Liabilities 2024: $0Net Assets 2024: $18,5312024

Highlighted filing

2023

Assets$19,992
Liabilities$0
Net Assets$19,992

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2016: $6,162Expenses 2016: $4,512Net Income 2016: $1,6502016Revenue 2017: $9,276Expenses 2017: $8,064Net Income 2017: $1,2122017Revenue 2018: $13,220Expenses 2018: $11,900Net Income 2018: $1,3202018Revenue 2019: $5,087Expenses 2019: $4,891Net Income 2019: $1962019Revenue 2020: $9,778Expenses 2020: $4,285Net Income 2020: $5,4932020Revenue 2021: $9,997Expenses 2021: $10,222Net Income 2021: -$2252021Revenue 2022: $24,279Expenses 2022: $18,419Net Income 2022: $5,8602022Revenue 2023: $22,189Expenses 2023: $17,703Net Income 2023: $4,4862023Revenue 2024: $14,727Expenses 2024: $16,188Net Income 2024: -$1,4612024

Highlighted filing

2023

Revenue$22,189
Expenses$17,703
Net Income$4,486
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 26, 2024
Return Version
2022v5.0
Gross Receipts
$22,189
Mission and Program Overview

Mission

Enhance the performance of quality wind band musicn on a non-profit basis. Deliver accessible and enjoyable performances to the pioneer valley community. Engage in educational outreach to foster the continued growth of the performance arts in teh community.

Enhance the performance of quality wind band music, on a non-profit basis; Deliver accessible and enjoyable performances to the Pioneer Valley community; Engage in educational outreach to foster the continued growth of the performance arts in the community.

Program Services

DescriptionGrantsExpenses
The Valley Winds is a volunteer wind ensemble, offering professional-level performances to a diverse community throughout the Pioneer Valley. This fiscal year, the Valley Winds provided three concerts in venues across the local area - all free to the public. Through these concerts, the Valley Winds concerts for this fiscal year reached an audience of almost 500. Through these concerts, support culturally disadvantaged composers to enhance the wind ensemble repertoire, bring diverse music to new audiences locally, and educate our musicians and audience on culturally important music. These concerts were made possible through the generous donation of time and effort by the Valley Winds members. It is estimated that, for each of the seven concerts, each of the involved 5-50 members, donated 10 hours of their valuable time. With an estimated value of $25 per hour, the donated service time is valued at $37,500.$0$16,643
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian MessierArtistic DirectorPT$3,000-$3,000
Janice MurphyTreasurer/Operations ManagerPT$0--
Meghan MacFaddenSecretaryPT$0--
Steven EhrlerPresidentPT$0--
Christine MortensenMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Valley Winds
EIN
47-2444031
Phone
5712786820
Address
9 Hedgerow Lane, Amherst, MA 01002

Signing Officer

Name
Steven Ehrler
Title
President
Phone
5712786820
Signed
2024-03-26
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Insurance;967|Music;886|Travel;308|Venue rental;3334|Meals;2202|Corporate Expenses;93|Supplies;70^Total;7860^

Form 990-EZ, Part V, Line 34

The original Valley Winds bylaws were finalized on 16 October 2016. Since that time, the Valley Winds Board of Directors determined that the bylaws were not adequate in addressing state of Massachusetts requirements for bylaws. Further, the bylaws included numerous, burdensome administrative requirements of the board and its structure that are no longer or never became relevant to the organization. A review of the bylaws was conducted, a revision of the bylaws drafted, and a revised set of bylaws approved by the Board on 15 July 2022. The general or broader changes made to the Valley Winds bylaws include clarifying the existing one class of members, eliminating mandated committees that were unnecessary in favor of ad hoc committees when needed, and eliminating administrative procedures more appropriate for board policy statements. Additions and changes were made to address state law requirements, including: admission and expulsion of members; election and removal officers; the number of members required for a quorum; the adoption, amendment and repeal of by-laws; the purposes to which the funds of the corporation may be applied and for which assessments may be laid upon the members

Raw XML Appendix185 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Valley Winds is a volunteer wind ensemble, offering professional-level performances to a diverse community throughout the Pioneer Valley. This fiscal year, the Valley Winds provided three concerts in venues across the local area - all free to the public. Through these concerts, the Valley Winds concerts for this fiscal year reached an audience of almost 500. Through these concerts, support culturally disadvantaged composers to enhance the wind ensemble repertoire, bring diverse music to new audiences locally, and educate our musicians and audience on culturally important music. These concerts were made possible through the generous donation of time and effort by the Valley Winds members. It is estimated that, for each of the seven concerts, each of the involved 5-50 members, donated 10 hours of their valuable time. With an estimated value of $25 per hour, the donated service time is valued at $37,500.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Insurance;967|Music;886|Travel;308|Venue rental;3334|Meals;2202|Corporate Expenses;93|Supplies;70^Total;7860^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The original Valley Winds bylaws were finalized on 16 October 2016. Since that time, the Valley Winds Board of Directors determined that the bylaws were not adequate in addressing state of Massachusetts requirements for bylaws. Further, the bylaws included numerous, burdensome administrative requirements of the board and its structure that are no longer or never became relevant to the organization. A review of the bylaws was conducted, a revision of the bylaws drafted, and a revised set of bylaws approved by the Board on 15 July 2022. The general or broader changes made to the Valley Winds bylaws include clarifying the existing one class of members, eliminating mandated committees that were unnecessary in favor of ad hoc committees when needed, and eliminating administrative procedures more appropriate for board policy statements. Additions and changes were made to address state law requirements, including: admission and expulsion of members; election and removal officers; the number of members required for a quorum; the adoption, amendment and repeal of by-laws; the purposes to which the funds of the corporation may be applied and for which assessments may be laid upon the members
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part V, Line 34
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ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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