Civic Intelligence

Palaver Strings Incorporated

990EZ • Fiscal year 2017 • EIN 47-4914834

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 31, 2018

12 Verndale Street Ste 1Brookline, MA 02446

(207) 930-5189

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

43rd percentile

0.5%

Higher net margin than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$12,007

No earlier filing loaded for comparison.

Net Assets

$1,007

No earlier filing loaded for comparison.

Liabilities

$11,000

No earlier filing loaded for comparison.

Revenue

$80,290

No earlier filing loaded for comparison.

Expenses

$79,894

No earlier filing loaded for comparison.

Net Income

$396

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2017: $12,007Liabilities 2017: $11,000Net Assets 2017: $1,0072017Assets 2018: $2,037Liabilities 2018: $3,608Net Assets 2018: -$1,5712018Assets 2019: $33,720Liabilities 2019: $22,000Net Assets 2019: $11,7202019Assets 2020: $63,724Liabilities 2020: $69,070Net Assets 2020: -$5,3462020Assets 2021: $124,555Liabilities 2021: $71,703Net Assets 2021: $52,8522021Assets 2022: $70,592Liabilities 2022: $0Net Assets 2022: $70,5922022Assets 2023: $165,064Liabilities 2023: $65,141Net Assets 2023: $99,9232023

Highlighted filing

2017

Assets$12,007
Liabilities$11,000
Net Assets$1,007

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $80,290Expenses 2017: $79,894Net Income 2017: $3962017Revenue 2018: $153,568Expenses 2018: $156,145Net Income 2018: -$2,5772018Revenue 2019: $217,772Expenses 2019: $204,481Net Income 2019: $13,2912019Revenue 2020: $282,795Expenses 2020: $299,865Net Income 2020: -$17,0702020Revenue 2021: $340,191Expenses 2021: $281,993Net Income 2021: $58,1982021Revenue 2022: $548,970Expenses 2022: $515,047Net Income 2022: $33,9232022Revenue 2023: $627,876Expenses 2023: $598,545Net Income 2023: $29,3312023

Highlighted filing

2017

Revenue$80,290
Expenses$79,894
Net Income$396
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 31, 2018
Return Version
2016v3.1
Gross Receipts
$80,714
Mission and Program Overview

Mission

A musician-led string orchestra and nonprofit organization, dedicated to the collaborative interpretation of classical masterworks and passionate about taking classical music beyond the concert hall to engage with new and diverse audiences. It is in this personal and unconventional setting that palaver strings is able to use music to aid the discussion of social issues, promote education and healing, and inspire our peers and community to support the arts.

Program Services

DescriptionGrantsExpenses
SEASON COMMUNITY CONCERTS - 25 PROGRAMS WERE PERFORMED FREE OF CHARGE IN THE NEW ENGLAND AREA. EACH CONCERT IS DESIGNED TO BE ACCESSIBLE TO NEW AUDIENCES THROUGH EDUCATION AND PERFORMANCE STRATEGIES. THE CONCERTS IN TOTAL BENEFITED OVER 2000 PEOPLE. SUB-CONTRACTED MUSICIANS ARE PAID TO PERFORM THESE CONCERTS.-$79,894
SEASON COMMUNITY WORKSHOPS - 10 COMMUNITY WORKSHOPS WERE PERFORMED IN VARIOUS COMMUNITY ORGANIZATIONS SUCH AS HOMELESS SHELTERS, SCHOOLS, DAYCARES, AND PRISONS, BENEFITING OVER 600 PARTICIPANTS.--
SEASON COMMUNITY RESIDENCY - WE HAD A YEAR LONG RESIDENCY WITH BOSTON MEDICAL CENTER. OFFERING BI-MONTHLY PERFORMANCES AND PATIENT/MUSICIAN WORK THROUGHOUT THE FACILITY. SUB-CONTRACTED MUSICIANS DONATED THEIR TIME TO PLAN AND PERFORM THIS RESIDENCY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAYA FRENCHExecutive DiPT$5,076-$5,076
DAVID MARTINDirector-$0--
STEPHANIE TRODELLODirector-$0--
GREGG WARDDirector-$0--
MATTHEW SMITHTreasurer-$0--
BRIANNA FISCHLERClerk-$0--
ELIZABETH MOORESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Palaver Strings Inc
EIN
47-4914834
Phone
2079305189
Address
12 VERNDALE STREET STE 1, BROOKLINE, MA 02446

Signing Officer

Name
Maya French
Title
Executive Director
Phone
2079305189
Signed
2018-01-31
Discuss with paid preparer
Yes

Preparer

Firm
Hobson & Company LLC
Address
PO BOX 70, SACO, ME 04072-0108
Preparer
Adam C Hobson CPA
Phone
2072830023
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & marketing 1,139 fundraising 527 general administrative expens 72 season & touring 6,454 general administrative 422 music library 2,155 stipends 61,628 miscellaneous expenses 75 non-investment depreciation 267 total 72,739

Form 990-ez, Part II, Line 24

Recording equipment 0 2,038 less accumulated depreciation 0 267 other assets 527 557 total 527 2,328

Form 990-ez, Part II, Line 26

Deferred revenue 0 11,000

Form 990-ez, Part III

A musician-led string orchestra and nonprofit organization, dedicated to the collaborative interpretation of classical masterworks and passionate about taking classical music beyond the concert hall to engage with new and diverse audiences. It is in this personal and unconventional setting that palaver strings is able to use music to aid the discussion of social issues, promote education and healing, and inspire our peers and community to support the arts.

Form 990-ez, Part III, Line 28

Season community concerts - 25 programs were performed free of charge in the new england area. Each concert is designed to be accessible to new audiences through education and performance strategies. The concerts in total benefited over 2000 people. Sub-contracted musicians are paid to perform these concerts.

Form 990-ez, Part III, Line 30

Season community residency - we had a year long residency with boston medical center. Offering bi-monthly performances and patient/musician work throughout the facility. Sub-contracted musicians donated their time to plan and perform this residency.

Raw XML Appendix154 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & MARKETING 1,139 FUNDRAISING 527 GENERAL ADMINISTRATIVE EXPENS 72 SEASON & TOURING 6,454 GENERAL ADMINISTRATIVE 422 MUSIC LIBRARY 2,155 STIPENDS 61,628 MISCELLANEOUS EXPENSES 75 NON-INVESTMENT DEPRECIATION 267 TOTAL 72,739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RECORDING EQUIPMENT 0 2,038 LESS ACCUMULATED DEPRECIATION 0 267 OTHER ASSETS 527 557 TOTAL 527 2,328
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 0 11,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A MUSICIAN-LED STRING ORCHESTRA AND NONPROFIT ORGANIZATION, DEDICATED TO THE COLLABORATIVE INTERPRETATION OF CLASSICAL MASTERWORKS AND PASSIONATE ABOUT TAKING CLASSICAL MUSIC BEYOND THE CONCERT HALL TO ENGAGE WITH NEW AND DIVERSE AUDIENCES. IT IS IN THIS PERSONAL AND UNCONVENTIONAL SETTING THAT PALAVER STRINGS IS ABLE TO USE MUSIC TO AID THE DISCUSSION OF SOCIAL ISSUES, PROMOTE EDUCATION AND HEALING, AND INSPIRE OUR PEERS AND COMMUNITY TO SUPPORT THE ARTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEASON COMMUNITY CONCERTS - 25 PROGRAMS WERE PERFORMED FREE OF CHARGE IN THE NEW ENGLAND AREA. EACH CONCERT IS DESIGNED TO BE ACCESSIBLE TO NEW AUDIENCES THROUGH EDUCATION AND PERFORMANCE STRATEGIES. THE CONCERTS IN TOTAL BENEFITED OVER 2000 PEOPLE. SUB-CONTRACTED MUSICIANS ARE PAID TO PERFORM THESE CONCERTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEASON COMMUNITY RESIDENCY - WE HAD A YEAR LONG RESIDENCY WITH BOSTON MEDICAL CENTER. OFFERING BI-MONTHLY PERFORMANCES AND PATIENT/MUSICIAN WORK THROUGHOUT THE FACILITY. SUB-CONTRACTED MUSICIANS DONATED THEIR TIME TO PLAN AND PERFORM THIS RESIDENCY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02018-03-14 21:41:22Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02079305189
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ReturnHeader/Filer/EIN0474914834
ReturnHeader/Filer/PhoneNum02079305189
ReturnHeader/Filer/USAddress/AddressLine1Txt012 VERNDALE STREET STE 1
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0040720108
ReturnHeader/PreparerPersonGrp/PhoneNum02072830023
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM C HOBSON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-02-22T14:41:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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