Liabilities / Assets
52nd percentile
Higher debt load relative to assets than 52% of similar nonprofits.
Acoustic New Word Traditions Ltd
EIN 72-1538105 • 501(c)3 • New York, NY
Profile
Fund projects to raise the public's awareness of american acoustic blues, the musicians who developed the form, and their influence on modern music.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Down$43,276
Down $18,378 (-30%) from 2020
Liabilities
Flat$75
Flat from 2020
Net Assets
Down$43,201
Down $18,378 (-30%) from 2020
Revenue
Up$10,769
Up $4,037 (+60%) from 2020
Expenses
Down$29,147
Down $17,494 (-38%) from 2020
Net Income
Up-$18,378
Up $21,531 (+54%) from 2020
Trend Graphs
Filings
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $43,276
- Liabilities
- $75
- Net assets
- $43,201
- Revenue
- $10,769
- Expenses
- $29,147
- Net income
- -$18,378
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 5, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $10,769
Mission and Program Overview
Mission
Fund projects to raise the public's awareness of american acoustic blues, the musicians who developed the form, and their influence on modern music.
Fund projects to raise the public's awareness of american acoustic music, the musicians who developed the form, and their influence on modern music.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE FUNDING/SERVICES FOR PRODUCTION OF A DOCUMENTARY ON JOHN MONTELEONE, WORLD'S GREATEST GUITAR AND MANDOLIN BUILDER. | $0 | $25,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TREVOR LAURENCE | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Acoustic Traditions Ltd
- EIN
- 72-1538105
- Phone
- 6463453435
- Address
- CO LAURENCE - 32 LEROY STREET 5, NEW YORK, NY 10014
Signing Officer
- Name
- Trevor Laurence
- Title
- Director
- Phone
- 6463453435
- Signed
- 2022-05-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- PKF O'CONNOR DAVIES LLP
- Address
- 2 UNIVERSITY PLAZA SUITE 502, HACKENSACK, NJ 07601
- Preparer
- Jay D Edelman
- Phone
- 2013424307
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: interest income. Amount: 19.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: payment for production of documentary. Grantee name: harlem street singer productions. Grantee address: p.o. Box 903, time square station new york, ny 10108. Grantee relationship: n/a. Property description: cash. Date of gift: 03/15/21. Amount given: 25,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 6. Description: production fees. Amount: 3,216. Description: filing fees. Amount: 75. Description: accounting fees. Amount: 850. Total to form 990-ez, line 16: 4,147.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to harlem street singer productions. Beg. Of year amount: 75. End of year amount: 75.”
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 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TAXPAYER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6463453435 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 32 LEROY STREET APT 5 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10014 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 61654 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 43276 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10750 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -18378 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 61654 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 43276 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 25000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 10769 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 61579 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43201 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 61579 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43201 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TREVOR LAURENCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4147 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 19 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FUND PROJECTS TO RAISE THE PUBLIC'S AWARENESS OF AMERICAN ACOUSTIC MUSIC, THE MUSICIANS WHO DEVELOPED THE FORM, AND THEIR INFLUENCE ON MODERN MUSIC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE FUNDING/SERVICES FOR PRODUCTION OF A DOCUMENTARY ON JOHN MONTELEONE, WORLD'S GREATEST GUITAR AND MANDOLIN BUILDER. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 75 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 75 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 29147 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25000 |
| IRS990EZ/TotalRevenueAmt | 0 | 10769 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 10750 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 6772 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102111 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 600 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 247733 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 35 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 98 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 160 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 146 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 306 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 19 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 35 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 35 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 9 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 98 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00040 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00030 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99970 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 248039 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 10750 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 6772 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102111 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127660 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 746 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 248039 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 10769 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 6807 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 102146 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 127669 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 746 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 248137 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 19. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: PAYMENT FOR PRODUCTION OF DOCUMENTARY. GRANTEE NAME: HARLEM STREET SINGER PRODUCTIONS. GRANTEE ADDRESS: P.O. BOX 903, TIME SQUARE STATION NEW YORK, NY 10108. GRANTEE RELATIONSHIP: N/A. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 03/15/21. AMOUNT GIVEN: 25,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: BANK FEES. AMOUNT: 6. DESCRIPTION: PRODUCTION FEES. AMOUNT: 3,216. DESCRIPTION: FILING FEES. AMOUNT: 75. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 850. TOTAL TO FORM 990-EZ, LINE 16: 4,147. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DUE TO HARLEM STREET SINGER PRODUCTIONS. BEG. OF YEAR AMOUNT: 75. END OF YEAR AMOUNT: 75. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TREVOR LAURENCE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6463453435 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ACOUSTIC TRADITIONS LTD |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACOU |
| ReturnHeader/Filer/EIN | 0 | 721538105 |
| ReturnHeader/Filer/PhoneNum | 0 | 6463453435 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | CO LAURENCE - 32 LEROY STREET 5 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10014 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 222378064 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PKF O'CONNOR DAVIES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2 UNIVERSITY PLAZA SUITE 502 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HACKENSACK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07601 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2013424307 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-04-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAY D EDELMAN |
| ReturnHeader/ReturnTs | 0 | 2022-05-16T07:41:04-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TREVOR |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LAURENCE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
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