Civic Intelligence

Friday Musicale Inc.

990 • Fiscal year 2012 • EIN 59-0766981

Jun 01, 2011 to May 31, 2012 • Filed on Apr 12, 2013

645 Oak St32204
Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

34th percentile

-2.3%

Faster asset growth than 34% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,907,708

Down $44,070 (-2.3%) from 2011

Net Assets

Down

$1,890,435

Down $18,233 (-1.0%) from 2011

Liabilities

Down

$17,273

Down $25,837 (-60%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$238,099

Down $22,617 (-8.7%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,951,778Liabilities 2011: $43,110Net Assets 2011: $1,908,6682011Assets 2012: $1,907,708Liabilities 2012: $17,273Net Assets 2012: $1,890,4352012Assets 2013: $1,849,207Liabilities 2013: $22,391Net Assets 2013: $1,826,8162013Assets 2014: $1,804,088Liabilities 2014: $21,588Net Assets 2014: $1,782,5002014Assets 2015: $1,713,066Liabilities 2015: $13,950Net Assets 2015: $1,699,1162015Assets 2019: $1,156,682Liabilities 2019: $94,339Net Assets 2019: $1,062,3432019Assets 2020: $1,074,252Liabilities 2020: $174,260Net Assets 2020: $899,9922020Assets 2021: $1,041,253Liabilities 2021: $216,785Net Assets 2021: $824,4682021Assets 2022: $1,092,584Liabilities 2022: $125,503Net Assets 2022: $967,0812022Assets 2023: $1,029,169Liabilities 2023: $124,899Net Assets 2023: $904,2702023Assets 2024: $1,023,543Liabilities 2024: $160,739Net Assets 2024: $862,8042024

Highlighted filing

2012

Assets$1,907,708
Liabilities$17,273
Net Assets$1,890,435

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $192,897Expenses 2011: $260,716Net Income 2011: -$67,8192011Expenses 2012: $238,0992012Expenses 2013: $239,5932013Revenue 2014: $206,629Expenses 2014: $251,238Net Income 2014: -$44,6092014Revenue 2015: $180,860Expenses 2015: $227,355Net Income 2015: -$46,4952015Revenue 2019: $254,629Expenses 2019: $455,080Net Income 2019: -$200,4512019Revenue 2020: $254,903Expenses 2020: $407,238Net Income 2020: -$152,3352020Revenue 2021: $259,952Expenses 2021: $352,828Net Income 2021: -$92,8762021Revenue 2022: $291,839Expenses 2022: $274,729Net Income 2022: $17,1102022Revenue 2023: $122,081Expenses 2023: $231,628Net Income 2023: -$109,5472023Revenue 2024: $312,162Expenses 2024: $353,628Net Income 2024: -$41,4662024

Highlighted filing

2012

Revenue-
Expenses$238,099
Net Income-
Jump To
Filing Snapshot
Filing Period
Jun 1, 2011 to May 31, 2012
Signed
Apr 12, 2013
Return Version
2011v1.5
Gross Receipts
$252,309
Mission and Program Overview

Mission

Friday musicale cultivates music as an essential art in the life of the community and for the benefit of its members.

Major Activities

Activity 2
Providing scholarships to instrumental and vocal students pursuing degrees in music. For the fiscal year ended may 31, 2012, the organization provided scholarship awards to 7 students.
Activity 3
Providing facility rentals for recitals and other musical events by organizations and educational institutions that promote musical awareness to the community. Providing churches, non-profit organizations and the community at-large below market-priced venues to rent for individual and community events.
Filing and Contact Details

Filer

EIN
59-0766981
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IRS990/Activity2/Description0PROVIDING SCHOLARSHIPS TO INSTRUMENTAL AND VOCAL STUDENTS PURSUING DEGREES IN MUSIC. FOR THE FISCAL YEAR ENDED MAY 31, 2012, THE ORGANIZATION PROVIDED SCHOLARSHIP AWARDS TO 7 STUDENTS.
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IRS990/Activity3/Description0PROVIDING FACILITY RENTALS FOR RECITALS AND OTHER MUSICAL EVENTS BY ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS THAT PROMOTE MUSICAL AWARENESS TO THE COMMUNITY. PROVIDING CHURCHES, NON-PROFIT ORGANIZATIONS AND THE COMMUNITY AT-LARGE BELOW MARKET-PRICED VENUES TO RENT FOR INDIVIDUAL AND COMMUNITY EVENTS.
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IRS990/ActivityOrMissionDescription0PROVIDING MUSICAL OUTREACH TO THE JACKSONVILLE, FL COMMUNITY THROUGH CONCERTS AND MUSICAL EVENTS AND THE AWARDING OF MUSICAL SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE MUSICAL ARTS.
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IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses019636
IRS990ScheduleD/CurrentYearMinus2Years/OtherExpenditures0226736
IRS990ScheduleD/CurrentYearMinus3Years/BeginningOfYearBalance0427447
IRS990ScheduleD/CurrentYearMinus3Years/Contributions0337398
IRS990ScheduleD/CurrentYearMinus3Years/EndOfYearBalance0725641
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IRS990ScheduleD/CurrentYearMinus3Years/OtherExpenditures018975
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IRS990ScheduleD/EndowmentsHeldByRelatedOrgs0false
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs0false
IRS990ScheduleD/FederalIncomeTaxLiability00

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