Civic Intelligence

Foundation for Modern Music Inc.

990EZ • Fiscal year 2021 • EIN 76-0179000

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization Profilewww.modernmusic.org
3601 S Sandman Suite 210Houston, TX 77098

(281) 250-8461

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

47th percentile

6.6%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$3,750

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

57th percentile

11%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

50%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$58,552

Up $5,819 (+11%) from 2020

Net Assets

$58,552

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin47th percentile

Revenue

Up

$89,204

Up $29,860 (+50%) from 2020

Expenses

Up

$83,333

Up $41,372 (+99%) from 2020

Net Income

Down

$5,871

Down $11,512 (-66%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$60K$40K$20K$0Assets 2011: $18,588Liabilities 2011: $02011Assets 2012: $13,896Liabilities 2012: $1,8962012Assets 2013: $21,222Liabilities 2013: $02013Assets 2014: $12,966Liabilities 2014: $02014Assets 2015: $22,293Liabilities 2015: $02015Assets 2016: $32,561Liabilities 2016: $02016Assets 2017: $19,717Liabilities 2017: $02017Assets 2018: $29,575Liabilities 2018: $02018Assets 2019: $35,350Liabilities 2019: $02019Assets 2020: $52,733Liabilities 2020: $02020Assets 2021: $58,552Net Assets 2021: $58,5522021Assets 2022: $40,591Net Assets 2022: $40,5912022Assets 2023: $36,659Net Assets 2023: $36,6592023Assets 2024: $25,950Net Assets 2024: $25,9502024

Highlighted filing

2021

Assets$58,552
Liabilities-
Net Assets$58,552
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $68,403Expenses 2011: $71,332Net Income 2011: -$2,9292011Revenue 2012: $95,904Expenses 2012: $102,491Net Income 2012: -$6,5872012Revenue 2013: $142,808Expenses 2013: $133,587Net Income 2013: $9,2212013Revenue 2014: $123,310Expenses 2014: $131,566Net Income 2014: -$8,2562014Revenue 2015: $104,822Expenses 2015: $95,595Net Income 2015: $9,2272015Revenue 2016: $92,487Expenses 2016: $82,219Net Income 2016: $10,2682016Revenue 2017: $79,460Expenses 2017: $92,304Net Income 2017: -$12,8442017Revenue 2018: $79,626Expenses 2018: $69,768Net Income 2018: $9,8582018Revenue 2019: $98,733Expenses 2019: $92,958Net Income 2019: $5,7752019Revenue 2020: $59,344Expenses 2020: $41,961Net Income 2020: $17,3832020Revenue 2021: $89,204Expenses 2021: $83,333Net Income 2021: $5,8712021Revenue 2022: $80,641Expenses 2022: $98,602Net Income 2022: -$17,9612022Revenue 2023: $137,993Expenses 2023: $141,925Net Income 2023: -$3,9322023Revenue 2024: $117,270Expenses 2024: $127,979Net Income 2024: -$10,7092024

Highlighted filing

2021

Revenue$89,204
Expenses$83,333
Net Income$5,871
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$89,204
Mission and Program Overview

Mission

Promotion of modern art music

Program Services

DescriptionGrantsExpenses
Concerts and festivals Audience 8500 Benefited 42 persons directly-$50,670
Recordings for online streaming Audience 6800 Benefited 23 persons directly-$7,930
Robert Avalon International Composers Competition Benefited 49 persons directly-$6,500
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne LeekBoard Mbr Assoc/DirectorPT$3,750-$3,750
Paul BoydExec/Artistic DirectorPT$3,000-$3,000
Gary C ChamnessPresident-$0--
Christopher BarberBoard Member-$0--
Kristy PeetBoard Member-$0--
Chadwick PetersBoard Member-$0--
Karen SomerBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Modern Music
EIN
76-0179000
Address
3601 S Sandman Suite 210, HOUSTON, TX 77098

Signing Officer

Name
Paul Boyd
Title
Executive director
Phone
2812508461
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Carl Mann
Address
4925 Cedar St, Bellaire, TX 77401
Preparer
Carl Mann
Phone
7135506789
Supplemental Narrative

Additional Explanations

Part I line 8

“Sublet office and workspace $7,200”

Part I line 16

“Artist fees $46,974; production directors $2,050; fiscal sponsorship $7,600; production expenses $592; venue rental & expenses $1,100; videography $3,285; advertising $5,406; total $67,007.”

Part II line 24

“Office equipment $9,793; music library $4,104; total $13,897”

Raw XML Appendix163 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/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Gary C Chamness
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Paul Boyd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anne Leek
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Christopher Barber
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Kristy Peet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Chadwick Peters
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Karen Somer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Exec/Artistic Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Mbr Assoc/Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013897
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013897
IRS990EZ/OtherExpensesTotalAmt067007
IRS990EZ/OtherRevenueTotalAmt07200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promotion of modern art music
IRS990EZ/PrintingPublicationsPostageAmt0540
IRS990EZ/ProgramServiceRevenueAmt017318
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Robert Avalon International Composers Competition Benefited 49 persons directly
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Recordings for online streaming Audience 6800 Benefited 23 persons directly
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050670
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt27930
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt03099
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083333
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IRS990EZ/TotalRevenueAmt089204
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.modernmusic.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Ticket sales and competition entry fees
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt064686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt093907
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt075986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0365326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07200
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt027190
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89910
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IRS990ScheduleA/PublicSupportTotal170Amt0365326
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064686
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Sublet office and workspace $7,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Artist fees $46,974; production directors $2,050; fiscal sponsorship $7,600; production expenses $592; venue rental & expenses $1,100; videography $3,285; advertising $5,406; total $67,007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office equipment $9,793; music library $4,104; total $13,897
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II line 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Boyd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive director
ReturnHeader/BusinessOfficerGrp/PhoneNum02812508461
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Foundation for Modern Music
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0760179000
ReturnHeader/Filer/USAddress/AddressLine1Txt03601 S Sandman Suite 210
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077098
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300206453
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Carl Mann
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04925 Cedar St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bellaire
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077401
ReturnHeader/PreparerPersonGrp/PhoneNum07135506789
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carl Mann
ReturnHeader/ReturnTs02022-11-15T17:40:34-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Paul
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Boyd
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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.

Open filing
Assets
$58,552
Liabilities
-
Net assets
$58,552
Revenue
$89,204
Expenses
$83,333
Net income
$5,871
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.26$1.17$1.28$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.37$0.37$1.38$1.42$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.41$0.81$0.99$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.89$0.83$0.06
2020Summary only. Only limited summary data is available for this year.$0.53$0.00$0.59$0.42$0.17
2019Summary only. Only limited summary data is available for this year.$0.35$0.00$0.99$0.93$0.06
2018Summary only. Only limited summary data is available for this year.$0.30$0.00$0.80$0.70$0.10
2017Summary only. Only limited summary data is available for this year.$0.20$0.00$0.79$0.92$0.13
2016Summary only. Only limited summary data is available for this year.$0.33$0.00$0.92$0.82$0.10
2015Summary only. Only limited summary data is available for this year.$0.22$0.00$1.05$0.96$0.09
2014Summary only. Only limited summary data is available for this year.$0.13$0.00$1.23$1.32$0.08
2013Summary only. Only limited summary data is available for this year.$0.21$0.00$1.43$1.34$0.09
2012Summary only. Only limited summary data is available for this year.$0.14$0.02$0.96$1.02$0.07
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.68$0.71$0.03