Civic Intelligence

Music Brings Life Inc

990 • Fiscal year 2018 • EIN 80-0653896

Nov 01, 2017 to Oct 31, 2018 • Filed on Sep 06, 2019

Organization Profilewww.musicbringslife.org
1211 LORING AVE Room 3-HBrooklyn, NY 11208-5053

(347) 693-7634

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

33rd percentile

-3.3%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

40th percentile

-2.5%

Faster asset growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-82%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$1,795

Down $46 (-2.5%) from 2017

Net Assets

Down

$1,795

Down $46 (-2.5%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin33rd percentile

Revenue

Down

$1,406

Down $6,284 (-82%) from 2017

Expenses

Down

$1,452

Down $4,160 (-74%) from 2017

Net Income

Down

-$46

Down $2,124 (-102%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$30K$20K$10K$0-$10KAssets 2015: -$237Liabilities 2015: $0Net Assets 2015: -$2372015Assets 2016: -$237Liabilities 2016: $0Net Assets 2016: -$2372016Assets 2017: $1,841Liabilities 2017: $0Net Assets 2017: $1,8412017Assets 2018: $1,795Liabilities 2018: $0Net Assets 2018: $1,7952018Assets 2019: $4,088Liabilities 2019: $0Net Assets 2019: $4,0882019Assets 2020: -$2,210Liabilities 2020: $0Net Assets 2020: -$2,2102020Assets 2021: -$229Liabilities 2021: $0Net Assets 2021: -$2292021Assets 2022: $25,739Liabilities 2022: $0Net Assets 2022: $25,7392022Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2018

Assets$1,795
Liabilities$0
Net Assets$1,795
Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $3,147Expenses 2015: $3,472Net Income 2015: -$3252015Revenue 2016: $3,147Expenses 2016: $3,472Net Income 2016: -$3252016Revenue 2017: $7,690Expenses 2017: $5,612Net Income 2017: $2,0782017Revenue 2018: $1,406Expenses 2018: $1,452Net Income 2018: -$462018Revenue 2019: $10,518Expenses 2019: $8,225Net Income 2019: $2,2932019Revenue 2020: $21,838Expenses 2020: $28,136Net Income 2020: -$6,2982020Revenue 2021: $7,763Expenses 2021: $5,786Net Income 2021: $1,9772021Revenue 2022: $29,186Expenses 2022: $3,218Net Income 2022: $25,9682022Revenue 2024: $19,303Expenses 2024: $18,165Net Income 2024: $1,1382024Revenue 2025: $108,614Expenses 2025: $88,326Net Income 2025: $20,2882025

Highlighted filing

2018

Revenue$1,406
Expenses$1,452
Net Income-$46
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Sep 6, 2019
Return Version
2017v2.3
Gross Receipts
$1,406
Mission and Program Overview

Mission

To educate young people in the Black, Latino and Caribbean communities about the importance of donating blood.

Music Brings Life holds blood awareness concerts featuring influential musicians and performers to inspire and generate donors in ethnic communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,841$1,795▼ $46
Total Assets$1,841$1,795▼ $46
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,841$1,795▼ $46
Total Net Assets Fund Balance$1,841$1,795▼ $46
Total Liabilities and Net Assets / Fund Balance$1,841$1,795▼ $46
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Keenan BristolPresident
Nick PortantiereVice President
Daniella FairbairnSecretary
Paula EllisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,406
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-46
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$952
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$500
Fees for Services Management-$200-$200
Office Expenses-$125-$125
Advertising-$75-$75
All Other Expenses-$72-$72
Other Expenses-$20-$20
Travel-$15-$15
Total Functional Expenses$0$907$0$1,452
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Music Brings Life Inc
EIN
80-0653896
Phone
3476937634
Address
1211 LORING AVE Room 3-H, BROOKLYN, NY 11208-5053

Signing Officer

Name
Keenan Bristol
Title
President
Phone
3476937634
Signed
2019-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keenan Bristol
Formed
2011
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Gh Stephen LLC
Address
1137 St Johns Place, Brooklyn, NY 11213-2617
Preparer
Geoffrey Stephen
Phone
7186760308
Supplemental Narrative

Additional Explanations

Form 990, Part V, Section A, Line 1

“Stipend for travel and entertainment expenses.”

Raw XML Appendix315 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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IRS990/Form990ProvidedToGvrnBodyInd0false
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ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodEndDt02018-10-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,795
Liabilities
$0
Net assets
$1,795
Revenue
$1,406
Expenses
$1,452
Net income
-$46
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.09$0.88$0.20
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.19$0.18$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.29$0.03$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.08$0.06$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.22$0.28$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.11$0.08$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.01$0.01$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.08$0.06$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.03$0.03$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.03$0.03$0.00