Civic Intelligence

Music Arts Inc

EIN 62-1841925 • 501(c)3 • Oak Ridge, TN

Profile

See attached statement 100

148 Talmeda RoadOak Ridge, TN 37830

musicartsschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

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

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

40th percentile

-2.4%

Higher net margin than 40% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

37th percentile

-12%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

23rd percentile

-34%

Faster revenue growth than 23% of similar nonprofits.

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

Assets

Down

$7,561

Down $1,000 (-12%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$7,561

Down $1,000 (-12%) from 2016

Revenue

Down

$40,890

Down $20,802 (-34%) from 2016

Expenses

Down

$41,890

Down $18,098 (-30%) from 2016

Net Income

Down

-$1,000

Down $2,704 (-159%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2011: $24,040Liabilities 2011: $0Net Assets 2011: $24,0402011Assets 2012: $14,256Liabilities 2012: $134Net Assets 2012: $14,1222012Assets 2015: $6,857Liabilities 2015: $0Net Assets 2015: $6,8572015Assets 2016: $8,561Liabilities 2016: $0Net Assets 2016: $8,5612016Assets 2017: $7,561Liabilities 2017: $0Net Assets 2017: $7,5612017

Highlighted filing

2017

Assets$7,561
Liabilities$0
Net Assets$7,561

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $44,554Expenses 2011: $46,545Net Income 2011: -$1,9912011Revenue 2012: $40,194Expenses 2012: $50,112Net Income 2012: -$9,9182012Revenue 2015: $58,968Expenses 2015: $57,297Net Income 2015: $1,6712015Revenue 2016: $61,692Expenses 2016: $59,988Net Income 2016: $1,7042016Revenue 2017: $40,890Expenses 2017: $41,890Net Income 2017: -$1,0002017

Highlighted filing

2017

Revenue$40,890
Expenses$41,890
Net Income-$1,000

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.2
Gross Receipts
$40,890
Mission and Program Overview

Mission

See attached statement 100

SEE SCHEDULE O ITEM 01

Program Services

DescriptionGrantsExpenses
MUSIC INSTRUCTIONAL PROGRAM THAT MATCHES STUDENTS WITH INSTRUCTORS IN THEIR AREA OF INTEREST-$40,179
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREG FOERTTERPresident-$0--
RUDOLPH NEMETHVice President-$0--
SHANNON HAMBLENSecretary-$0--
ROBERT ALFONSOTreasurerPT$0--
CATHY GOODENBoard Member-$0--
HEIDI VAN BOORAEMBoard Member-$0--
DAVE ECKMANBoard Member-$0--
CYNTHIA JEFFERSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Music Arts Inc
EIN
62-1841925
Address
148 TALMEDA ROAD, OAK RIDGE, TN 37830

Signing Officer

Name
Greg Foertter
Title
President
Phone
8654825614
Signed
2018-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Tracy J Larabee CPA
Address
PO BOX 4306, OAK RIDGE, TN 37831
Preparer
Tracy J Larabee
Phone
8654257736
Supplemental Narrative

Additional Explanations

General explanation attachment

The organization provides music instruction to students by matching a pool of talented music instructors with students who match their area of music training.

Description of other expenses Part I line 16

Description amountadvertising 2,015telephone 964insurance 515office expenses 78instrument maintenance 380scholarships 1,599computer expenses 125taxes 20miscellaneous 28

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES MUSIC INSTRUCTION TO STUDENTS BY MATCHING A POOL OF TALENTED MUSIC INSTRUCTORS WITH STUDENTS WHO MATCH THEIR AREA OF MUSIC TRAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTADVERTISING 2,015TELEPHONE 964INSURANCE 515OFFICE EXPENSES 78INSTRUMENT MAINTENANCE 380SCHOLARSHIPS 1,599COMPUTER EXPENSES 125TAXES 20MISCELLANEOUS 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
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