Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Balance Sheet
Assets
Down$358,878
Down $33,888 (-8.6%) from 2014
Net Assets
Down$355,010
Down $34,135 (-8.8%) from 2014
Liabilities
Up$3,868
Up $247 (+6.8%) from 2014
Revenue And Expenses
Revenue
Down$43,911
Down $40,246 (-48%) from 2014
Expenses
Up$37,571
Up $332 (+0.9%) from 2014
Net Income
Down$6,340
Down $40,578 (-86%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 11, 2016
- Return Version
- 2015v2.0
- Gross Receipts
- $80,327
Mission and Program Overview
Mission
Appreciation of 20th century music. Musical observations inc had more than 174,000 worldwide electronic downloads of our cd tracks.
Appreciation of 20th century music. In year 2015, musical ovservations inc had more than 174,000 worldwide electronic downloads of our cd tracks.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Tokyo Recordings | $11,362 | - |
| CHARTS & ARTICLES | $6,847 | - |
| CP 2 - A SERIES OF RECORDINGS OF 20TH CENTURY MUSIC | $5,549 | - |
| WEB-SITE | $3,219 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PAUL ZUKOFSKY | President | - | $0 | - | - |
| URSULA OPPENS | Secretary | - | $0 | - | - |
| REBECCA SAIDENBERG | Vice President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Musical Observations Inc
- EIN
- 51-0176954
- Address
- 187 EMarket St Suite 202, Rhinebeck, NY 12572
Signing Officer
- Name
- Paul Zukofsky
- Title
- President
- Signed
- 2016-05-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Van Norstrand & Hoolihan Pc
- Address
- 187 E MARKET ST STE 202, RHINEBECK, NY 12572-1730
- Preparer
- Margaret A Van Norstrand
- Phone
- 8458765200
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $318”
Other Expenses.1009
“Depreciation $349”
Other Expenses.1012
“Insurance $713”
Other Expenses.1
“STORAGE $4234”
Other Expenses.2
“STORAGE FOR CDs $780”
Other Expenses.3
“MEALS $777”
Other Expenses.4
“CONTRACT LABOR $716”
Other Expenses.5
“INTERNET EXPENSE $332”
Other Expenses.7
“BANK SERVICE CHARGE $114”
Other Expenses.8
“TELEPHONE $20”
Other Assets.1003
“Machinery and Equipment - Beginning $1221 Machinery and Equipment - Ending $872”
Other Assets.1005
“Accounts Receivable - Beginning $598 Accounts Receivable - Ending $131”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $82 Prepaid Expenses and Deferred Charges - Ending $82”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $3621 Accounts Payable and Accrued Expenses - Ending $3868”
Raw XML Appendix181 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/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -40475 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8353 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | APPRECIATION OF 20TH CENTURY MUSIC. IN YEAR 2015, MUSICAL OVSERVATIONS INC HAD MORE THAN 174,000 WORLDWIDE ELECTRONIC DOWNLOADS OF OUR CD TRACKS. |
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| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1794 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CP 2 - A SERIES OF RECORDINGS OF 20TH CENTURY MUSIC |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 3219 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 3 | 6847 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27600 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 39457 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3621 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3868 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 37571 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 26977 |
| IRS990EZ/TotalRevenueAmt | 0 | 43911 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 28000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 70646 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 121302 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 265783 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 11076 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12660 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4521 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5740 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5172 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 39169 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.87160 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.88860 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 265783 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 28000 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 45835 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 121302 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 265783 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 304952 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| 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 | Office Expenses $318 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $349 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $713 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | STORAGE $4234 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | STORAGE FOR CDs $780 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MEALS $777 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CONTRACT LABOR $716 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | INTERNET EXPENSE $332 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BANK SERVICE CHARGE $114 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | TELEPHONE $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Machinery and Equipment - Beginning $1221 Machinery and Equipment - Ending $872 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accounts Receivable - Beginning $598 Accounts Receivable - Ending $131 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Prepaid Expenses and Deferred Charges - Beginning $82 Prepaid Expenses and Deferred Charges - Ending $82 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Accounts Payable and Accrued Expenses - Beginning $3621 Accounts Payable and Accrued Expenses - Ending $3868 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1001 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PAUL ZUKOFSKY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MUSICAL OBSERVATIONS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MUSI |
| ReturnHeader/Filer/EIN | 0 | 510176954 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 187 EMarket St Suite 202 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Rhinebeck |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 12572 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VAN NORSTRAND & HOOLIHAN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 187 E MARKET ST STE 202 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RHINEBECK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 125721730 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8458765200 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Margaret A Van Norstrand |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2016-05-11T13:08:55-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $358,878
- Liabilities
- $3,868
- Net assets
- $355,010
- Revenue
- $43,911
- Expenses
- $37,571
- Net income
- $6,340