Civic Intelligence

Music That Heals Inc.

990EZ • Fiscal year 2017 • EIN 47-5138593

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization ProfileWWW.MUSICTHATHEALS.ORG
338 Beach 146th StreetNeoponsit, NY 11694

(212) 741-4255

Siviq Scores

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

Liabilities / Assets

60th percentile

0.02x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.02x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

76th percentile

24%

Higher net margin than 76% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$32,745

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

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

Asset Growth

85th percentile

56%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$120,007

Up $42,877 (+56%) from 2016

Net Assets

Up

$117,437

Up $40,307 (+52%) from 2016

Liabilities

Up

$2,570

Up $2,570 from 2016

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin76th percentile

Revenue

Up

$169,727

Up $20,114 (+13%) from 2016

Expenses

Up

$129,420

Up $56,937 (+79%) from 2016

Net Income

Down

$40,307

Down $36,823 (-48%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$300K$200K$100K$0Assets 2016: $77,130Liabilities 2016: $0Net Assets 2016: $77,1302016Assets 2017: $120,007Liabilities 2017: $2,570Net Assets 2017: $117,4372017Assets 2018: $149,145Liabilities 2018: $0Net Assets 2018: $149,1452018Assets 2019: $181,018Liabilities 2019: $0Net Assets 2019: $181,0182019Assets 2020: $227,091Liabilities 2020: $10,000Net Assets 2020: $217,0912020Assets 2021: $224,440Liabilities 2021: $1Net Assets 2021: $224,4392021Assets 2022: $247,039Liabilities 2022: $0Net Assets 2022: $247,0392022Assets 2023: $224,979Liabilities 2023: $0Net Assets 2023: $224,9792023Assets 2024: $229,105Liabilities 2024: $900Net Assets 2024: $228,2052024

Highlighted filing

2017

Assets$120,007
Liabilities$2,570
Net Assets$117,437
Open 2017 Filing

Operations Trend

Revenue Growth67th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $149,613Expenses 2016: $72,483Net Income 2016: $77,1302016Revenue 2017: $169,727Expenses 2017: $129,420Net Income 2017: $40,3072017Revenue 2018: $160,903Expenses 2018: $125,959Net Income 2018: $34,9442018Revenue 2019: $175,262Expenses 2019: $143,389Net Income 2019: $31,8732019Revenue 2020: $121,984Expenses 2020: $85,911Net Income 2020: $36,0732020Revenue 2021: $82,877Expenses 2021: $75,529Net Income 2021: $7,3482021Revenue 2022: $112,528Expenses 2022: $89,928Net Income 2022: $22,6002022Revenue 2023: $86,090Expenses 2023: $108,150Net Income 2023: -$22,0602023Revenue 2024: $116,561Expenses 2024: $113,335Net Income 2024: $3,2262024

Highlighted filing

2017

Revenue$169,727
Expenses$129,420
Net Income$40,307
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$172,072
Mission and Program Overview

Mission

"Music That Heals - bringing the healing power of music to ill children and adults."

Program Services

DescriptionGrantsExpenses
We service 27 healthcare facilities (some of them weekly, some of them monthly) throughout the year. During 2016, we scheduled over 500 performances in healthcare.Our mission statement is simple: "Music That Heals - bringing the healing power of music to ill children and adults."$90,040-
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN LORD NICOLOSIPresidentFT$32,745-$32,745
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$22,555$22,555-$22,555
Total Events$22,555$22,555$2,345$20,210
Filing and Contact Details

Filer

Filer Name
Music That Heals Inc
EIN
47-5138593
Phone
2127414255
Address
338 BEACH 146TH STREET, NEOPONSIT, NY 11694

Signing Officer

Name
Kathleen Lord Nicolosi
Title
President
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
B Diaferia CPA Pc
Address
307 7TH AVE RM 910, NEW YORK, NY 10001-6060
Preparer
685710 - B Diaferia CPA Pc
Phone
2127414255
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $3582”

Other Expenses.1

“PERFORMANCES $90040”

Other Expenses.2

“PAYROLL TAX $2592”

Other Expenses.3

“Dues & subscriptions $336”

Other Expenses.4

“WEBSITE MAINTENANCE $100”

Other Expenses.5

“LICENSE FEES $25”

Total Liabilities.1

“PAYROLL PAYABLE - Beginning $0 PAYROLL PAYABLE - Ending $2570”

Raw XML Appendix136 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KATHLEEN LORD NICOLOSI
IRS990EZ/BooksInCareOfDetail/PhoneNum02127414255
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0338 BEACH 146TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEOPONSIT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011694
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt077130
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0120007
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0149517
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt040307
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt077130
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0120007
IRS990EZ/FundraisingGrossIncomeAmt022555
IRS990EZ/GrossReceiptsAmt0172072
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077130
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0117437
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077130
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0117437
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt032745
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHLEEN LORD NICOLOSI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt096675
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0"Music That Heals - bringing the healing power of music to ill children and adults."
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We service 27 healthcare facilities (some of them weekly, some of them monthly) throughout the year. During 2016, we scheduled over 500 performances in healthcare.Our mission statement is simple: "Music That Heals - bringing the healing power of music to ill children and adults."
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt090040
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt032745
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt02345
IRS990EZ/SpecialEventsNetIncomeLossAmt020210
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02570
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0129420
IRS990EZ/TotalProgramServiceExpensesAmt090040
IRS990EZ/TotalRevenueAmt0169727
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MUSICTHATHEALS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0172072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0151397
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0323469
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0323469
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0172072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0151397
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0323469
IRS990ScheduleA/TotalSupportAmt0323469
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt02345
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt02345
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02345
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022555
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $3582
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERFORMANCES $90040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAX $2592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUES & SUBSCRIPTIONS $336
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEBSITE MAINTENANCE $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LICENSE FEES $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL PAYABLE - Beginning $0 PAYROLL PAYABLE - Ending $2570
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN LORD NICOLOSI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSIC THAT HEALS INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0475138593
ReturnHeader/Filer/PhoneNum02127414255
ReturnHeader/Filer/USAddress/AddressLine1Txt0338 BEACH 146TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEOPONSIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011694
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273279300
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0B DIAFERIA CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0307 7TH AVE RM 910
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100016060
ReturnHeader/PreparerPersonGrp/PhoneNum02127414255
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0685710 - B DIAFERIA CPA PC
ReturnHeader/ReturnTs02018-05-14T06:41:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$120,007
Liabilities
$2,570
Net assets
$117,437
Revenue
$169,727
Expenses
$129,420
Net income
$40,307
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.29$0.01$2.28$1.17$1.13$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.86$1.08$0.22
2022Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$1.13$0.90$0.23
2021Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.83$0.76$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.27$0.10$2.17$1.22$0.86$0.36
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.75$1.43$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$1.61$1.26$0.35
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.03$1.17$1.70$1.29$0.40
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.50$0.72$0.77