Civic Intelligence

Harmonic South String Orchestra Inc.

990 • Fiscal year 2019 • EIN 81-2758334

Jan 01, 2019 to Dec 31, 2019

Memphis, TN
Siviq Scores

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

Liabilities / Assets

90th percentile

0.50x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Revenue Growth

44th percentile

-2.4%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$10,971

Up $10,971 from 2018

Net Assets

Up

$5,496

Up $5,496 from 2018

Liabilities

Up

$5,475

Up $5,475 from 2018

Revenue

Down

$70,876

Down $1,776 (-2.4%) from 2018

Expenses

Up

$68,578

Up $68,578 from 2018

Net Income

Down

$2,298

Down $70,354 (-97%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $10,674Liabilities 2016: $02016Assets 2017: $2,129Liabilities 2017: $0Net Assets 2017: $2,1292017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $10,971Liabilities 2019: $5,475Net Assets 2019: $5,4962019Assets 2020: $62,608Liabilities 2020: $0Net Assets 2020: $62,6082020Assets 2021: $131,307Liabilities 2021: $0Net Assets 2021: $131,3072021Assets 2022: $135,749Liabilities 2022: $0Net Assets 2022: $135,7492022Assets 2023: $65,394Liabilities 2023: $0Net Assets 2023: $65,3942023

Highlighted filing

2019

Assets$10,971
Liabilities$5,475
Net Assets$5,496

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $18,950Expenses 2016: $8,276Net Income 2016: $10,6742016Revenue 2017: $56,203Expenses 2017: $64,278Net Income 2017: -$8,0752017Revenue 2018: $72,652Expenses 2018: $0Net Income 2018: $72,6522018Revenue 2019: $70,876Expenses 2019: $68,578Net Income 2019: $2,2982019Revenue 2020: $105,362Expenses 2020: $44,975Net Income 2020: $60,3872020Revenue 2021: $118,603Expenses 2021: $49,884Net Income 2021: $68,7192021Revenue 2022: $182,002Expenses 2022: $177,560Net Income 2022: $4,4422022Revenue 2023: $73,614Expenses 2023: $153,955Net Income 2023: -$80,3412023

Highlighted filing

2019

Revenue$70,876
Expenses$68,578
Net Income$2,298
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Mission and Program Overview

Mission

Harmonic South String Orchestra, Inc. provides string orchestral music instruction and free or low-cost performance opportunities to youth in underserved (typically minority) communities.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings