Civic Intelligence

Overtone Industries

990EZ • Fiscal year 2016 • EIN 68-0040723

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

6535 Wilshire BlvdLos Angeles, CA 90048

(323) 655-2410

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

30th percentile

-5.2%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

79th percentile

$9,350

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

3rd percentile

-84%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

112%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$921

Down $4,765 (-84%) from 2015

Net Assets

Down

$921

Down $4,765 (-84%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$91,645

Up $48,467 (+112%) from 2015

Expenses

Up

$96,410

Up $58,024 (+151%) from 2015

Net Income

Down

-$4,765

Down $9,557 (-199%) from 2015

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $13,193Liabilities 2011: $02011Assets 2012: $39,479Net Assets 2012: $39,4792012Assets 2013: $17,612Net Assets 2013: $17,6122013Assets 2014: $2,903Liabilities 2014: $1Net Assets 2014: $2,9022014Assets 2015: $5,686Net Assets 2015: $5,6862015Assets 2016: $921Net Assets 2016: $9212016Assets 2017: $15,715Net Assets 2017: $15,7152017Assets 2018: $22,142Liabilities 2018: $02018Assets 2019: $13,684Liabilities 2019: $0Net Assets 2019: $13,6842019Assets 2020: $39,956Liabilities 2020: $750Net Assets 2020: $39,2062020Assets 2021: $42,943Liabilities 2021: $7502021Assets 2022: $29,557Liabilities 2022: $750Net Assets 2022: $28,8072022Assets 2023: $31,845Liabilities 2023: $0Net Assets 2023: $31,8452023Assets 2024: $43,822Liabilities 2024: $0Net Assets 2024: $43,8222024

Highlighted filing

2016

Assets$921
Liabilities-
Net Assets$921

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $82,899Expenses 2011: $69,988Net Income 2011: $12,9112011Revenue 2012: $104,741Expenses 2012: $89,719Net Income 2012: $15,0222012Revenue 2013: $42,773Expenses 2013: $64,640Net Income 2013: -$21,8672013Revenue 2014: $56,010Expenses 2014: $70,483Net Income 2014: -$14,4732014Revenue 2015: $43,178Expenses 2015: $38,386Net Income 2015: $4,7922015Revenue 2016: $91,645Expenses 2016: $96,410Net Income 2016: -$4,7652016Revenue 2017: $51,858Expenses 2017: $37,064Net Income 2017: $14,7942017Revenue 2018: $29,740Expenses 2018: $23,313Net Income 2018: $6,4272018Revenue 2019: $96,798Expenses 2019: $105,256Net Income 2019: -$8,4582019Revenue 2020: $117,356Expenses 2020: $91,834Net Income 2020: $25,5222020Revenue 2021: $148,668Expenses 2021: $145,681Net Income 2021: $2,9872021Revenue 2022: $135,043Expenses 2022: $142,737Net Income 2022: -$7,6942022Revenue 2023: $295,488Expenses 2023: $292,450Net Income 2023: $3,0382023Revenue 2024: $245,349Expenses 2024: $221,513Net Income 2024: $23,8362024

Highlighted filing

2016

Revenue$91,645
Expenses$96,410
Net Income-$4,765
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$91,645
Mission and Program Overview

Mission

Promote Support & Produce Opera

To promote, support and produce experimental chamber opera

Program Services

DescriptionGrantsExpenses
MAJOR ACTIVITIES FOR OVERTONE INDUSTRIES IN 2016During 2016 Overtone Industries worked with The Ford Theaters to present our newopera/theater piece, ICELAND in concert form at the outdoor amphitheater for theirre-opening season in 2016. We employed 10 musicians, 25 performers, and 10 additional artists and helpers, as well as the crew at the Amphitheater.We continued meeting monthly with our dedicated Board of Directors, and created asuccessful fund raiser that took place in February 2016. We raised $42,000 which was matched by Lauren Bons Metabolic Studio, giving us a total of $84,000 toward our Annual budget and specifically for our production. At the fund raiser we also made connections with corporate sponsors for the first time local companies, Tom Gilmore of Gilmore Associates, Lasta Icelandic Fashion Shop, and international companies Reyka Vodka, and Iceland Glacial Water.We also partnered with ART Division to donate the artwork of their at-risk students to our fund raiser to auction.Michelle Magaldi continues to work as Overtones Producing Director. She not onlyoversees our Productions, we meet weekly to plan for the care of the whole organization. Michelle has worked on all of Overtone's productions since 2010 and is currently Manager of Production and Tech at LA Opera.$79,510-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
O-lan JonesArtistic DirectFT$9,350-$9,350
Louise RodricksDirector-$0--
Alexander WrightPresident-$0--
Barbara BalchSecretary-$0--
Eric CastroDirector-$0--
Carla FantozziVice President-$0--
Jonathan TobinDirector-$0--
Maud WinchesterDirector-$0--
Michelle MagaldiDirector-$0--
Filing and Contact Details

Filer

Filer Name
Overtone Industries
EIN
68-0040723
Phone
3236552410
Address
6535 Wilshire Blvd, Los Angeles, CA 90048

Signing Officer

Name
O-lan Jones
Title
Artistic Direct
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Dan Milder EA
Address
4144 Irving Pl, Culver City, CA 90232-2812
Preparer
Dan Milder
Phone
3108760572
Supplemental Narrative

Additional Explanations

Other Expenses.1

Production Costs $13224

Other Expenses.2

Fundraising Costs $4006

Other Expenses.3

Marketing Costs $3921

Other Expenses.4

Operating Costs $2250

Raw XML Appendix168 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Alexander Wright
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Eric Castro
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Carla Fantozzi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Jonathan Tobin
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Michelle Magaldi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Artistic Direct
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt023401
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE, SUPPORT AND PRODUCE EXPERIMENTAL CHAMBER OPERA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAJOR ACTIVITIES FOR OVERTONE INDUSTRIES IN 2016During 2016 Overtone Industries worked with The Ford Theaters to present our newopera/theater piece, ICELAND in concert form at the outdoor amphitheater for theirre-opening season in 2016. We employed 10 musicians, 25 performers, and 10 additional artists and helpers, as well as the crew at the Amphitheater.We continued meeting monthly with our dedicated Board of Directors, and created asuccessful fund raiser that took place in February 2016. We raised $42,000 which was matched by Lauren Bons Metabolic Studio, giving us a total of $84,000 toward our Annual budget and specifically for our production. At the fund raiser we also made connections with corporate sponsors for the first time local companies, Tom Gilmore of Gilmore Associates, Lasta Icelandic Fashion Shop, and international companies Reyka Vodka, and Iceland Glacial Water.We also partnered with ART Division to donate the artwork of their at-risk students to our fund raiser to auction.Michelle Magaldi continues to work as Overtones Producing Director. She not onlyoversees our Productions, we meet weekly to plan for the care of the whole organization. Michelle has worked on all of Overtone's productions since 2010 and is currently Manager of Production and Tech at LA Opera.
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IRS990ScheduleA/TotalSupportAmt0312649
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Production Costs $13224
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fundraising Costs $4006
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Marketing Costs $3921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Operating Costs $2250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0O-lan Jones
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ReturnHeader/Filer/EIN0680040723
ReturnHeader/Filer/PhoneNum03236552410
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dan Milder
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-15T10:38:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$2.45$2.22$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$2.95$2.92$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$1.35$1.43$0.08
2021Summary only. Only limited summary data is available for this year.$0.43$0.01$1.49$1.46$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.01$0.39$1.17$0.92$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.97$1.05$0.08
2018Summary only. Only limited summary data is available for this year.$0.22$0.00$0.30$0.23$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.16$0.52$0.37$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.92$0.96$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.43$0.38$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.56$0.70$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.43$0.65$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.39$1.05$0.90$0.15
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.83$0.70$0.13