Civic Intelligence

Music That Heals Inc.

990EZ • Fiscal year 2022 • EIN 47-5138593

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

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

(212) 741-4255

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

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

2022 filings • NTEE E • <$500k nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.00x

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

2022 filings • NTEE E • <$500k nonprofits • Source year 2022

Net Margin

55th percentile

20%

Higher net margin than 55% of similar nonprofits.

2022 filings • NTEE E86 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$32,740

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

2022 filings • NTEE E86 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

10%

Faster asset growth than 69% of similar nonprofits.

2022 filings • NTEE E • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

36%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • NTEE E • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$247,039

Up $22,599 (+10%) from 2021

Net Assets

Up

$247,039

Up $22,600 (+10%) from 2021

Liabilities

Down

$0

Down $1 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin55th percentile

Revenue

Up

$112,528

Up $29,651 (+36%) from 2021

Expenses

Up

$89,928

Up $14,399 (+19%) from 2021

Net Income

Up

$22,600

Up $15,252 (+208%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2022

Assets$247,039
Liabilities$0
Net Assets$247,039
Open 2022 Filing

Operations Trend

Revenue Growth74th 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

2022

Revenue$112,528
Expenses$89,928
Net Income$22,600
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$112,528
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
We provide musical performances to 30-35 healthcare facilities annually. In 2018,we scheduled over 500 live musica performances at the various healthcare facilities throughout the 5n boroughs of NYC and beyond.Our mission statement is simple: "Music That Heals - bringing the healing power of music to ill children and adults."The Covid 19 Pandemic created the challenge of running the program, though all live performances had to be canceled, within weeks we created the "Through The Window" series which provides the patient with a personalized music performance via an internet link. We also partnered with another organization that provides meals to the ill and homebound and created another virtual series called "A Taste of Music That Heals",which is sent to their 300-400 homebound clients monthlyAs Covid concerns continue to wane, we are back performing live at many facilities and continue to run both virtual perforances as well-$44,875
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN LORD NICOLOSIPresidentFT$32,740-$32,740
Filing and Contact Details

Filer

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

Signing Officer

Name
Kathleen Lord Nicolosi
Title
President
Signed
2023-11-01
Discuss with paid preparer
Yes

Preparer

Firm
B Diaferia CPA Pc
Address
157 13TH ST STE102, BROOKLYN, NY 11215
Preparer
685710 - B Diaferia CPA Pc
Phone
2127414255
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $200”

Other Expenses.1002

“Office Expenses $642”

Other Expenses.1003

“Information Technology $875”

Other Expenses.1012

“Insurance $3374”

Other Expenses.1

“PERFORMANCES $44875”

Other Expenses.2

“PAYROLL FEES $2315”

Other Expenses.4

“NYS FILING FEE $75”

Total Liabilities.1

“- Beginning $0 - Ending $0”

Raw XML Appendix145 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/CityNm0NEPONSIT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011694
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0224440
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0247039
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IRS990EZ/PrintingPublicationsPostageAmt0216
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044875
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IRS990EZ/SalariesOtherCompEmplBnftAmt035566
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0112528
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MUSICTHATHEALS.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0114128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt082877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0121984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0175262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0152009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0646260
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0114128
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0152009
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0646260
IRS990ScheduleA/TotalSupportAmt0646260
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $875
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $3374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERFORMANCES $44875
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYROLL FEES $2315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NYS FILING FEE $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN LORD NICOLOSI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-01
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/CityNm0NEPONSIT
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ReturnHeader/Filer/USAddress/ZIPCd011694
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273279300
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02127414255
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0685710 - B DIAFERIA CPA PC
ReturnHeader/ReturnTs02023-10-31T21:18:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHLEEN LORD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NICOLOSI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$247,039
Liabilities
$0
Net assets
$247,039
Revenue
$112,528
Expenses
$89,928
Net income
$22,600
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