Civic Intelligence

Old Time Music Group Inc.

990 • Fiscal year 2015 • EIN 52-1590008

Sep 01, 2014 to Aug 31, 2015 • Filed on Jul 06, 2016

Organization ProfileWWW.OLDTIMEHERALD.ORG
PO Box 61679Durham, NC 27715-1679

(919) 286-2041

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

40th percentile

-0.1%

Higher net margin than 40% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

28th percentile

-11%

Faster asset growth than 28% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

7.0%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$711

Down $87 (-11%) from 2014

Net Assets

Down

$711

Down $87 (-11%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin40th percentile

Revenue

Up

$81,580

Up $5,357 (+7.0%) from 2014

Expenses

Up

$81,667

Up $5,762 (+7.6%) from 2014

Net Income

Down

-$87

Down $405 (-127%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$15K$10K$5.0K$0-$5.0KAssets 2010: $14,616Liabilities 2010: $820Net Assets 2010: $13,7962010Assets 2011: $4,814Liabilities 2011: $51Net Assets 2011: $4,7632011Assets 2012: $1,139Liabilities 2012: $0Net Assets 2012: $1,1392012Assets 2013: $480Liabilities 2013: $0Net Assets 2013: $4802013Assets 2014: $798Liabilities 2014: $0Net Assets 2014: $7982014Assets 2015: $711Liabilities 2015: $0Net Assets 2015: $7112015Assets 2016: $2,356Liabilities 2016: $0Net Assets 2016: $2,3562016Assets 2017: -$1,187Liabilities 2017: $0Net Assets 2017: -$1,1872017Assets 2018: $2,984Liabilities 2018: $0Net Assets 2018: $2,9842018Assets 2019: $1,012Liabilities 2019: $0Net Assets 2019: $1,0122019Assets 2020: $2,822Liabilities 2020: $0Net Assets 2020: $2,8222020

Highlighted filing

2015

Assets$711
Liabilities$0
Net Assets$711
Open 2015 Filing

Operations Trend

Revenue Growth59th percentile

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

$150K$100K$50K$0-$50KExpenses 2010: $105,0122010Expenses 2011: $113,0282011Expenses 2012: $76,6892012Expenses 2013: $82,2752013Revenue 2014: $76,223Expenses 2014: $75,905Net Income 2014: $3182014Revenue 2015: $81,580Expenses 2015: $81,667Net Income 2015: -$872015Revenue 2016: $92,967Expenses 2016: $91,322Net Income 2016: $1,6452016Revenue 2017: $64,611Expenses 2017: $68,154Net Income 2017: -$3,5432017Revenue 2018: $63,224Expenses 2018: $59,053Net Income 2018: $4,1712018Revenue 2019: $70,899Expenses 2019: $72,871Net Income 2019: -$1,9722019Revenue 2020: $32,698Expenses 2020: $30,888Net Income 2020: $1,8102020

Highlighted filing

2015

Revenue$81,580
Expenses$81,667
Net Income-$87
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jul 6, 2016
Return Version
2014v6.0
Gross Receipts
$81,580
Mission and Program Overview

Mission

Preserve and educate public on old time music

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$798$366▼ $432
Savings and Temporary Cash Investments-$345-
Total Assets$798$711▼ $87
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$798$711▼ $87
Total Net Assets Fund Balance$798$711▼ $87
Total Liabilities and Net Assets / Fund Balance$798$711▼ $87

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$3,359$3,359
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Jim WatsonPresident
Art AylsworthDirector
Gail GillespieDirector
Sally CouncilSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$26,143
Program Service Revenue
$53,622
Investment Income
$6
Other Revenue
$1,809
All Other Contributions
$26,143
Change in Net Assets
$-87
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$42,695
Other Expenses$38,972
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$31,169$4,802-$35,971
Office Expenses$6,887--$6,887
Payroll Taxes$6,724--$6,724
Occupancy$4,850--$4,850
Fees for Services Other$2,646--$2,646
Fees for Services Accounting$932$75-$1,007
Advertising$586--$586
Travel$186--$186
Fees for Services Legal$75--$75
Other Expenses$38--$38
Total Functional Expenses$76,790$4,877$0$81,667
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The cpa firm prepares the form 990. The form is provided to the executive director. Upon her approval, the form 990 is submitted to the irs. The form 990 is made available to the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon written request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Old Time Music Group Inc
EIN
52-1590008
Phone
9192862041
Address
PO BOX 61679, DURHAM, NC 27715-1679

Signing Officer

Name
Sarah Bryan
Title
Editor and Exec Director
Phone
9192862041
Signed
2016-07-06
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
4
Independent Board Members
4
Employees
3

Preparer

Firm
Minor Anglin & Associates Pa
Address
3608 SHANNON RD SUITE 105, DURHAM, NC 27707
Preparer
Kim E Anglin CPA
Phone
9194932603
Raw XML Appendix291 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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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH BRYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EDITOR AND EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09192862041
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD TIME MUSIC GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0OLDT
ReturnHeader/Filer/EIN0521590008
ReturnHeader/Filer/PhoneNum09192862041
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0277151679
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204364642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MINOR ANGLIN & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03608 SHANNON RD SUITE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027707
ReturnHeader/PreparerPersonGrp/PhoneNum09194932603
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM E ANGLIN CPA
ReturnHeader/ReturnTs02016-07-11T07:52:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$711
Liabilities
$0
Net assets
$711
Revenue
$81,580
Expenses
$81,667
Net income
-$87
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.33$0.31$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.71$0.73$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.63$0.59$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.65$0.68$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.93$0.91$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.82$0.82$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.76$0.76$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$1.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.14$1.05