Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$321,950
Down $36,928 (-10%) from 2015
Net Assets
Down$318,470
Down $36,540 (-10%) from 2015
Liabilities
Down$3,480
Down $388 (-10%) from 2015
Revenue And Expenses
Revenue
Down$38,343
Down $5,568 (-13%) from 2015
Expenses
Up$84,530
Up $46,959 (+125%) from 2015
Net Income
Down-$46,187
Down $52,527 (-829%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- May 3, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $66,535
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 | $59,688 | - |
| CHARTS & ARTICLES | $5,786 | - |
| CP 2 - A SERIES OF RECORDINGS OF 20TH CENTURY MUSIC | $5,554 | - |
| WEB-SITE | $3,033 | - |
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
- 2017-05-03
- 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.1005
“Travel $9183”
Other Expenses.1009
“Depreciation $349”
Other Expenses.1012
“Insurance $713”
Other Expenses.1
“PERFORMERS $18223”
Other Expenses.2
“RECORDING $7015”
Other Expenses.3
“STORAGE $4234”
Other Expenses.4
“STORAGE FOR CDs $780”
Other Expenses.6
“INTERNET EXPENSE $332”
Other Expenses.7
“MEALS $219”
Other Expenses.8
“BANK SERVICE CHARGE $196”
Other Assets.1003
“Machinery and Equipment - Beginning $872 Machinery and Equipment - Ending $523”
Other Assets.1005
“Accounts Receivable - Beginning $131 Accounts Receivable - Ending $20226”
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 $3868 Accounts Payable and Accrued Expenses - Ending $3480”
Raw XML Appendix183 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TORI HOOLIHAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8458765200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 187 E MARKET ST SUITE 202 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RHINEBECK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 12572 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 357793 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 301119 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 23000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 28192 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -46187 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1537 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 358878 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 321950 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 5292 |
| IRS990EZ/GrossReceiptsAmt | 0 | 66535 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 9007 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 355010 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 318470 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 355010 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 318470 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PAUL ZUKOFSKY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | URSULA OPPENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | REBECCA SAIDENBERG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1085 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 20831 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 9647 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 41244 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 349 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1044 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CP 2 - A SERIES OF RECORDINGS OF 20TH CENTURY MUSIC |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Tokyo Recordings |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | WEB-SITE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | CHARTS & ARTICLES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 5554 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 59688 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 3033 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 3 | 5786 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 41400 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 33484 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3868 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3480 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 84530 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74061 |
| IRS990EZ/TotalRevenueAmt | 0 | 38343 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 23000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 28000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 70646 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 45835 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 121302 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 288783 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 9007 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11076 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12660 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4521 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5740 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 43004 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.87040 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.87160 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 288783 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 23000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 28000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 70646 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 45835 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 121302 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 288783 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 331787 |
| 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 | Travel $9183 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $349 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $713 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PERFORMERS $18223 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | RECORDING $7015 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | STORAGE $4234 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | STORAGE FOR CDs $780 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | INTERNET EXPENSE $332 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MEALS $219 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | BANK SERVICE CHARGE $196 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Machinery and Equipment - Beginning $872 Machinery and Equipment - Ending $523 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accounts Receivable - Beginning $131 Accounts Receivable - Ending $20226 |
| 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 $3868 Accounts Payable and Accrued Expenses - Ending $3480 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1005 |
| 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.6 |
| 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 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PAUL ZUKOFSKY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-03 |
| 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 | 2017-05-03T07:18:38-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $321,950
- Liabilities
- $3,480
- Net assets
- $318,470
- Revenue
- $38,343
- Expenses
- $84,530
- Net income
- -$46,187