Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
80th percentile
Faster revenue growth than 80% of similar nonprofits.
Balance Sheet
Assets
Up$39,956
Up $26,272 (+192%) from 2019
Net Assets
Up$39,206
Up $25,522 (+187%) from 2019
Liabilities
Up$750
Up $750 from 2019
Revenue And Expenses
Revenue
Up$117,356
Up $20,558 (+21%) from 2019
Expenses
Down$91,834
Down $13,422 (-13%) from 2019
Net Income
Up$25,522
Up $33,980 (+402%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- May 22, 2021
- Return Version
- 2019v5.1
- Gross Receipts
- $117,356
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, Los Angeles, CA 90048
Signing Officer
- Name
- Fahad Siadat
- Title
- Executive Direc
- Phone
- 3236552410
- Signed
- 2021-05-22
- 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 10,291Marketing 913Operating Costs 8,424Fundraising Costs 657”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearLoans 0 750”
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 Appendix154 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/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
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| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 25522 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| 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 | 13684 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 39206 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 40.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| 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 |
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| 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/OtherExpensesTotalAmt | 0 | 20285 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Promote Support & Produce Opera |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2691 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 35000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Promote, Support & Produce Opera |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 62975 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 750 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 91834 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 117356 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 82356 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 96559 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 29740 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 51858 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80291 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 340804 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 340804 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 82356 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 96559 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 29740 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 51858 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80291 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 340804 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 340804 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountProduction 10,291Marketing 913Operating Costs 8,424Fundraising Costs 657 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearLoans 0 750 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other program services Part III line 31 |
| 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 | 2021-05-22 |
| 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 |
| 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 | 2021-07-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HOWARD JACOBOWITZ |
| ReturnHeader/ReturnTs | 0 | 2021-07-22T13:43:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $39,956
- Liabilities
- $750
- Net assets
- $39,206
- Revenue
- $117,356
- Expenses
- $91,834
- Net income
- $25,522