Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Overtone Industries
EIN 68-0040723 • 501(c)3 • Los Angeles, CA
Profile
To promote, support and produce experimental chamber opera
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
36th percentile
Faster revenue growth than 36% of similar nonprofits.
Balance Sheet
Assets
Up$43,822
Up $11,977 (+38%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$43,822
Up $11,977 (+38%) from 2023
Revenue
Down$245,349
Down $50,139 (-17%) from 2023
Expenses
Down$221,513
Down $70,937 (-24%) from 2023
Net Income
Up$23,836
Up $20,798 (+685%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $43,822
- Liabilities
- $0
- Net assets
- $43,822
- Revenue
- $245,349
- Expenses
- $221,513
- Net income
- $23,836
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Dec 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $135,043
Mission and Program Overview
Mission
Promote Support & Produce Opera
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Promote, Support & Produce Opera | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alexander Wright | President | - | $0 | - | - |
| Maud Winchester | Secretarytreasurer | - | $0 | - | - |
| Nicki Harper | Board Member | - | $0 | - | - |
| Paul Codiga | Board Member | - | $0 | - | - |
| O-Lan Jones | Artisitc Director | FT | $0 | - | - |
| Fahad Siadat | Executive Director | - | $0 | - | - |
| Michelle Magaldli | Producing Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Overtone Industries
- EIN
- 68-0040723
- Address
- 6535 Wilshire Blvd STE 202, Los Angeles, CA 90048
Signing Officer
- Name
- Fahad Siadat
- Title
- Executive Direc
- Phone
- 3236552410
- Signed
- 2022-12-15
- Discuss with paid preparer
- No
Preparer
- Firm
- Complete Business Services Inc
- Address
- P O Box 1376, Culver City, CA 90232
- Preparer
- Howard Jacobowitz
- Phone
- 3108424828
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountProduction 6,103Marketing 2,340Operating 2,887Fundraising Costs 2,847”
Other changes in net assets or fund balances Part I line 20
“Description AmountPrior Period Adjustments (5,692)prior period adjustment”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearLoans 750 750”
Other program services Part III line 31
“During 2017 Overtone Industries focused on developing our new opera/theatre piece,ICELANO, The Hidden World. We had a writing retreat for the writer composers andmapped out the re-writes well be completing in 2018.We began work on a new piece, CYNOSEMMA, with the new non-profit group By TheSouls Of Our Feet. This is set to perform August 10-19, 2018 at Son of Semele.We continued our partnering with ART Division by participating in theirfundraising event in November.We met monthly with our dedicated Board of Directors and created a successfulWinter mail and email fundraiser to raise funds toward the hiring of a ManagingDirector that will be matched by an anonymous Donor. Michelle Magaldi continues to work as Overtones Producing Director. She not onlyoversees our Productions, we meet weekly to plan for the care of the wholeorganization. Michelle has worked on all of Overtones productions since 2010 and is currently Manager of Production and Tech at LA Opera”
Raw XML Appendix164 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Fahad Siadat |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3236552410 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6535 Wilshire Blvd |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Los Angeles |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90048 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 42943 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 29557 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 73766 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7694 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 42943 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 29557 |
| IRS990EZ/GrossReceiptsAmt | 0 | 135043 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 42193 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 28807 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 42193 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 28807 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 9652 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Alexander Wright |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Maud Winchester |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Nicki Harper |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Paul Codiga |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | O-Lan Jones |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Fahad Siadat |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Michelle Magaldli |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SecretaryTreasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Artisitc Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Producing Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -5692 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14177 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Promote Support & Produce Opera |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 61277 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Promote, Support & Produce Opera |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 118908 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 750 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 750 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 142737 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 135043 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.overtoneindustries.org/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 73766 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 91168 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 82356 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 96559 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 29740 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 373589 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 373589 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 73766 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 91168 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 82356 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 96559 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 29740 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 373589 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 373589 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountProduction 6,103Marketing 2,340Operating 2,887Fundraising Costs 2,847 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountPrior Period Adjustments (5,692)prior period adjustment |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearLoans 750 750 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | During 2017 Overtone Industries focused on developing our new opera/theatre piece,ICELANO, The Hidden World. We had a writing retreat for the writer composers andmapped out the re-writes well be completing in 2018.We began work on a new piece, CYNOSEMMA, with the new non-profit group By TheSouls Of Our Feet. This is set to perform August 10-19, 2018 at Son of Semele.We continued our partnering with ART Division by participating in theirfundraising event in November.We met monthly with our dedicated Board of Directors and created a successfulWinter mail and email fundraiser to raise funds toward the hiring of a ManagingDirector that will be matched by an anonymous Donor. Michelle Magaldi continues to work as Overtones Producing Director. She not onlyoversees our Productions, we meet weekly to plan for the care of the wholeorganization. Michelle has worked on all of Overtones productions since 2010 and is currently Manager of Production and Tech at LA Opera |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other program services Part III line 31 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Fahad Siadat |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Direc |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3236552410 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-12-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Overtone Industries |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OVER |
| ReturnHeader/Filer/EIN | 0 | 680040723 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6535 Wilshire Blvd STE 202 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Los Angeles |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90048 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 954836201 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COMPLETE BUSINESS SERVICES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | P O Box 1376 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Culver City |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 90232 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3108424828 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-09-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HOWARD JACOBOWITZ |
| ReturnHeader/ReturnTs | 0 | 2022-09-21T22:32:49-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Fahad |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Siadat |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.