Civic Intelligence

Foundation for Modern Music Inc.

990EZ • Fiscal year 2022 • EIN 76-0179000

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

18th percentile

-22%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$12,930

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-31%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-9.6%

Faster revenue growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$40,591

Down $17,961 (-31%) from 2021

Net Assets

Down

$40,591

Down $17,961 (-31%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin18th percentile

Revenue

Down

$80,641

Down $8,563 (-9.6%) from 2021

Expenses

Up

$98,602

Up $15,269 (+18%) from 2021

Net Income

Down

-$17,961

Down $23,832 (-406%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2022

Assets$40,591
Liabilities-
Net Assets$40,591
Open 2022 Filing

Operations Trend

Revenue Growth32nd 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

2022

Revenue$80,641
Expenses$98,602
Net Income-$17,961
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$80,641
Mission and Program Overview

Mission

Promotion of modern art music

Program Services

DescriptionGrantsExpenses
Concerts and festivals Audience 9200 Benefited 58 persons directly-$51,582
K-12 School Programs Audience 300 Benefited 18 persons directly-$15,085
Avalon Commissions, Performance, Judging Audience 68 Benefited 26 persons directly-$10,693
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul BoydExec/Artistic DirectorPT$12,930-$12,930
Anne LeekBoard Mbr/Assoc DirectorPT$2,300-$2,300
Chadwick PetersBoard Mbr/Prod Director-$800-$800
Gary C ChamnessPresident-$0--
Christopher BarberBoard Member-$0--
Judy DinesBoard Member-$0--
Kristy PeetBoard 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
2023-11-15
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 $50,905; production directors $10,500; fiscal sponsorship $11,200; production expenses $1,172; venue expenses $1,138; videography $1,800; graphics design $1,300; advertising $1,190; piano tuning $175; total $79,380”

Part II line 24

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

Raw XML Appendix172 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/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Gary C Chamness
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Paul Boyd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anne Leek
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Christopher Barber
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Judy Dines
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Kristy Peet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Chadwick Peters
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Karen 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 Mbr/Prod director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013897
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013897
IRS990EZ/OtherExpensesTotalAmt079380
IRS990EZ/OtherRevenueTotalAmt07200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promotion of modern art music
IRS990EZ/PrintingPublicationsPostageAmt0645
IRS990EZ/ProgramServiceRevenueAmt04180
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Concerts and festivals Audience 9200 Benefited 58 persons directly
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1K-12 School Programs Audience 300 Benefited 18 persons directly
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Avalon Commissions, Performance, Judging Audience 68 Benefited 26 persons directly
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051582
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt115085
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt210693
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04436
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt098602
IRS990EZ/TotalProgramServiceExpensesAmt077360
IRS990EZ/TotalRevenueAmt080641
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.modernmusic.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Ticket sales, festival entries, etc. $2,930 Masterclass and workshop fees $1,250 Total $4,180
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt069261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt064686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt093907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt078055
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07200
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06600
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04180
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017318
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04827
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01571
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027896
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88000
IRS990ScheduleA/PublicSupportPY170Pct00.89910
IRS990ScheduleA/PublicSupportTotal170Amt0358601
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069261
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt064686
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078055
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IRS990ScheduleA/TotalSupportAmt0407497
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Sublet office and workspace $7,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Artist fees $50,905; production directors $10,500; fiscal sponsorship $11,200; production expenses $1,172; venue expenses $1,138; videography $1,800; graphics design $1,300; advertising $1,190; piano tuning $175; total $79,380
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Boyd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive director
ReturnHeader/BusinessOfficerGrp/PhoneNum02812508461
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carl Mann
ReturnHeader/ReturnTs02023-11-15T09:14:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Paul
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Boyd
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,591
Liabilities
-
Net assets
$40,591
Revenue
$80,641
Expenses
$98,602
Net income
-$17,961
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
Peer Organizations

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