Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
61st percentile
Higher debt load relative to revenue than 61% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Flat$42,943
Flat from 2021
Net Assets
$42,193
No earlier filing loaded for comparison.
Liabilities
Flat$750
Flat from 2021
Revenue And Expenses
Revenue
Flat$148,668
Flat from 2021
Expenses
Flat$145,681
Flat from 2021
Net Income
Flat$2,987
Flat from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Dec 15, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $148,668
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
- 2021-12-15
- 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 25,909Marketing 3,467Operating Costs (3,209)Fundraising Costs 604”
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 Appendix159 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 |
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| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2987 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
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| IRS990EZ/ForeignOfficeInd | 0 | false |
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| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
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| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
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| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 42193 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
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| 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 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SecretaryTreasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Board Member |
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| 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 | 26771 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Promote Support & Produce Opera |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 57500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Promote, Support & Produce Opera |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 110479 |
| 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 | 145681 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 148668 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 91168 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 82356 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96559 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 29740 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 51858 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 351681 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 351681 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 91168 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 82356 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96559 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 29740 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 51858 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 351681 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 351681 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountProduction 25,909Marketing 3,467Operating Costs (3,209)Fundraising Costs 604 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearLoans 750 750 |
| 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| 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 | 2021-12-15 |
| 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 | 2021-12-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HOWARD JACOBOWITZ |
| ReturnHeader/ReturnTs | 0 | 2021-12-15T15:40:49-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Fahad |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Siadat |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $42,943
- Liabilities
- $750
- Net assets
- $42,193
- Revenue
- $148,668
- Expenses
- $145,681
- Net income
- $2,987