Glorystar Music Education and Cultural Foundation Inc.

990 • Fiscal year 2017 • EIN 52-1982929

Jul 01, 2016 to Jun 30, 2017

Organization Profile www.glorystar.org

Potomac, MD

Siviq Scores

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

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

19%

Higher net margin than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

No value available

This filing does not contain officer compensation rows.

Source year 2017

1.7%

Faster asset growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-4.0%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets82nd percentile

Assets

$246,031

Up $4,187 (+1.7%) from 2016

Net Assets

$201,403

Up $35,570 (+21%) from 2016

Liabilities

Down

$44,628

Down $31,383 (-41%) from 2016

Revenue And Expenses

Liabilities / Revenue88th percentile Net Margin75th percentile

Revenue

Down

$185,271

Down $7,657 (-4.0%) from 2016

Expenses

Down

$149,701

Down $65,808 (-31%) from 2016

Net Income

$35,570

Up $58,151 (+258%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

Highlighted filing

2017

Assets$246,031

Liabilities$44,628

Net Assets$201,403

Open 2017 Filing

Operations Trend

Revenue Growth41st percentile

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

Highlighted filing

2017

Revenue$185,271

Expenses$149,701

Net Income$35,570

Open 2017 Filing

Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jul 1, 2016 to Jun 30, 2017

Mission and Program Overview

Mission

Glorystar Childrens Chorus (GCC) provides excellent music education to children and youth in the joy of choral art. Through a rich repertoire of Eastern and Western music, GCC promotes music appreciation and builds bridges in our diverse community

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $246,031
Liabilities: $44,628
Net assets: $201,403
Revenue: $185,271
Expenses: $149,701
Net income: $35,570

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.23	$1.15	$3.07	$1.97	$1.80	$0.17
2023Detailed filing. Detailed filing data is available for this year.	$3.67	$0.83	$2.84	$2.09	$1.70	$0.40
2022Detailed filing. Detailed filing data is available for this year.	$3.51	$1.07	$2.44	$1.44	$1.42	$0.02
2021Detailed filing. Detailed filing data is available for this year.	$2.87	$0.42	$2.45	$1.45	$1.12	$0.33
2020Detailed filing. Detailed filing data is available for this year.	$2.61	$0.50	$2.12	$1.73	$1.42	$0.31
2019Detailed filing. Detailed filing data is available for this year.	$1.85	$0.11	$1.74	$1.28	$1.54	$0.26
2018Detailed filing. Detailed filing data is available for this year.	$1.97	$0.03	$1.95	$1.70	$1.65	$0.05
2017Summary only. Only limited summary data is available for this year.	$2.46	$0.45	$2.01	$1.85	$1.50	$0.36
2016Detailed filing. Detailed filing data is available for this year.	$2.42	$0.76	$1.66	$1.93	$2.16	$0.23
2015Detailed filing. Detailed filing data is available for this year.	$2.43	$0.59	$1.84	$1.68	$1.73	$0.05
2014Detailed filing. Detailed filing data is available for this year.	$2.57	$0.68	$1.89	$1.75	$1.59	$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.40	$0.66	$1.74		$1.73
2012Summary only. Only limited summary data is available for this year.	$2.14	$0.51		$1.01	$0.93	$0.08