Liabilities / Assets
47th percentile
Tied with the lowest-debt nonprofits in its peer group.
Found Sound Nation Inc
990EZ • Fiscal year 2020 • EIN 47-4207974
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
46th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 1.3% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Down$26,726
Down $12,755 (-32%) from 2019
Net Assets
Down$26,726
Down $12,755 (-32%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$78,785
Up $17,382 (+28%) from 2019
Expenses
Up$91,560
Up $52,364 (+134%) from 2019
Net Income
Down-$12,775
Down $34,982 (-158%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Sep 1, 2019 to Aug 31, 2020
- Signed
- Jul 15, 2021
- Return Version
- 2019v5.2
- Gross Receipts
- $78,785
Mission and Program Overview
Mission
Found sound nation (fsn) is a collective of artists who use the collaborative power of music to connect people across political, cultural and economic divides. We've found that engaging in music creation is an important way for creative leaders in civil societies to develop ideas for building more peaceful and harmonious societies. We believe that the art of listening extends far beyond the practice of making music; it's one of the major ways we become aware of the beauty, trauma, and hidden potential present in our institutions, neighborhoods and families.
Found sound nation (fsn) is a creative agency that uses music-making to connect people across cultural divides. We believe that collaborative music creation is a deeply effective way to become aware of the beauty, trauma, and hidden potential in our communities. Our process gives voice to the underrepresented, unlocks the creative potential of youth, and supports movements for social justice.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FSN PARTNERS WITH LOCAL YOUTH, SOCIAL ORGANIZATIONS, MUSIC FESTIVALS, AND ARTISTS ACROSS ALL DISCIPLINES. OUR WORK EMPHASIZES A MOBILE APPROACH TO RECORDING AND PRODUCING PROFESSIONAL QUALITY MUSIC. THIS TECHNIQUE COMBINES THE ART MUSIC TRADITIONS OF MUSIQUE CONCRTE, HIP HOP, AUDIO JOURNALISM, AND CONTEMPORARY COMPOSITION. OUR METHOD IS ADAPTABLE TO DIFFERENT ENVIRONMENTS, BASED ON FINDING THE SOUNDS AND RESONANCES OF EACH SPACE, DRAWING UPON THE TALENTS OF MUSICIANS IN THE LOCAL SCENE, AND EXAMINING ISSUES MOST RELEVANT TO EACH COMMUNITY. OUR AIM IS TO ENLIVEN A GLOBAL CONVERSATION ABOUT HOW CREATIVE COLLABORATION IN MUSIC CAN ADDRESS ISSUES WE FACE LOCALLY AND COLLECTIVELY, WHILE MAKING THE WORLD A FUNKIER AND MORE HARMONIOUS PLACE. | $0 | $85,287 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHRISTOPHER MARIANETTI | Artistic Director/Treasurer | PT | $1,000 | - | $1,000 |
| JEREMY THAL | Artistic Director | PT | $0 | - | - |
| ELENA MOON PARK | Artistic Director/Secretary | PT | $0 | - | - |
| SANTHOSH DANIEL | Chair | - | $0 | - | - |
| TOMMIE LINDSEY | Director | - | $0 | - | - |
| ANGELICA NEGRON | Director | - | $0 | - | - |
| REBECCA LICHTENFELD | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Found Sound Nation Inc
- EIN
- 47-4207974
- Phone
- 3474103810
- Address
- 80 HANSON PLACE NO 301, BROOKLYN, NY 11217
Signing Officer
- Name
- Jeremy Thal
- Title
- Artistic Director
- Phone
- 3474103810
- Signed
- 2021-07-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wegner Cpas Llp
- Address
- 2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
- Preparer
- Yigit Uctum CPA
- Phone
- 6082744020
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 7 - Sales of Inventory
“Income: gross receipts: 2,139. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 2,139.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expenses. Amount: 4,716. Description: advertising. Amount: 266. Description: information technology. Amount: 967. Description: production. Amount: 4,832. Description: travel. Amount: 17,092. Description: per diem reimbursements. Amount: 27,690. Description: conferences, conventions, and meetings. Amount: 30. Description: insurance. Amount: 206. Total to form 990-ez, line 16: 55,799.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior period adjustment. Amount: 20.”
Raw XML Appendix176 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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|---|---|---|
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JEREMY THAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ELENA MOON PARK |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | ARTISTIC DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | ARTISTIC DIRECTOR/SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | ARTISTIC DIRECTOR/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 20 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 55799 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FOUND SOUND NATION (FSN) IS A CREATIVE AGENCY THAT USES MUSIC-MAKING TO CONNECT PEOPLE ACROSS CULTURAL DIVIDES. WE BELIEVE THAT COLLABORATIVE MUSIC CREATION IS A DEEPLY EFFECTIVE WAY TO BECOME AWARE OF THE BEAUTY, TRAUMA, AND HIDDEN POTENTIAL IN OUR COMMUNITIES. OUR PROCESS GIVES VOICE TO THE UNDERREPRESENTED, UNLOCKS THE CREATIVE POTENTIAL OF YOUTH, AND SUPPORTS MOVEMENTS FOR SOCIAL JUSTICE. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 40466 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FSN PARTNERS WITH LOCAL YOUTH, SOCIAL ORGANIZATIONS, MUSIC FESTIVALS, AND ARTISTS ACROSS ALL DISCIPLINES. OUR WORK EMPHASIZES A MOBILE APPROACH TO RECORDING AND PRODUCING PROFESSIONAL QUALITY MUSIC. THIS TECHNIQUE COMBINES THE ART MUSIC TRADITIONS OF MUSIQUE CONCRTE, HIP HOP, AUDIO JOURNALISM, AND CONTEMPORARY COMPOSITION. OUR METHOD IS ADAPTABLE TO DIFFERENT ENVIRONMENTS, BASED ON FINDING THE SOUNDS AND RESONANCES OF EACH SPACE, DRAWING UPON THE TALENTS OF MUSICIANS IN THE LOCAL SCENE, AND EXAMINING ISSUES MOST RELEVANT TO EACH COMMUNITY. OUR AIM IS TO ENLIVEN A GLOBAL CONVERSATION ABOUT HOW CREATIVE COLLABORATION IN MUSIC CAN ADDRESS ISSUES WE FACE LOCALLY AND COLLECTIVELY, WHILE MAKING THE WORLD A FUNKIER AND MORE HARMONIOUS PLACE. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 85287 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 1000 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| 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 | 91560 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 85287 |
| IRS990EZ/TotalRevenueAmt | 0 | 78785 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FOUNDSOUNDNATION.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE 2015 COLUMN ON SCHEDULE A, PART II REPRESENTS THE INITIAL SHORT TAX YEAR BEGINNING MARCH 25, 2016 AND ENDING AUGUST 31, 2016. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, 2015 COLUMN |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2609 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15736 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1306 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 200 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 56031 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 338353 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 52152 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 3879 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 36180 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2609 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15736 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1306 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 56031 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 56031 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME: GROSS RECEIPTS: 2,139. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 2,139. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSES. AMOUNT: 4,716. DESCRIPTION: ADVERTISING. AMOUNT: 266. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 967. DESCRIPTION: PRODUCTION. AMOUNT: 4,832. DESCRIPTION: TRAVEL. AMOUNT: 17,092. DESCRIPTION: PER DIEM REIMBURSEMENTS. AMOUNT: 27,690. DESCRIPTION: CONFERENCES, CONVENTIONS, AND MEETINGS. AMOUNT: 30. DESCRIPTION: INSURANCE. AMOUNT: 206. TOTAL TO FORM 990-EZ, LINE 16: 55,799. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 20. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| 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 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JEREMY THAL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ARTISTIC DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3474103810 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-07-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FOUND SOUND NATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOUN |
| ReturnHeader/Filer/EIN | 0 | 474207974 |
| ReturnHeader/Filer/PhoneNum | 0 | 3474103810 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 80 HANSON PLACE NO 301 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BROOKLYN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11217 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390974031 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WEGNER CPAS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2921 LANDMARK PL STE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MADISON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 537134236 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6082744020 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | YIGIT UCTUM CPA |
| ReturnHeader/ReturnTs | 0 | 2021-07-15T16:31:31-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-08-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $26,726
- Liabilities
- $0
- Net assets
- $26,726
- Revenue
- $78,785
- Expenses
- $91,560
- Net income
- -$12,775