Civic Intelligence

William Thomas Mckinley Foundation for American Music

990EZ • Fiscal year 2018 • EIN 81-3119996

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 31, 2019

288 Riverside StreetPortsmouth, RI 02871

(765) 960-6469

Siviq Scores

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

Liabilities / Assets

54th 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

54th 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

17th percentile

-19%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

89th percentile

$12,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

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

Asset Growth

15th percentile

-31%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

87th percentile

53%

Faster revenue growth than 87% of similar nonprofits.

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

Assets

Flat

$48,778

Flat from 2018

Net Assets

Flat

$48,778

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Flat

$114,824

Flat from 2018

Expenses

Flat

$136,344

Flat from 2018

Net Income

Flat

-$21,520

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $25,050Liabilities 2016: $0Net Assets 2016: $25,0502016Assets 2017: $70,298Liabilities 2017: $0Net Assets 2017: $70,2982017Assets 2018: $48,778Liabilities 2018: $0Net Assets 2018: $48,7782018Assets 2018: $48,778Liabilities 2018: $0Net Assets 2018: $48,7782018Assets 2019: $25,615Liabilities 2019: $0Net Assets 2019: $25,6152019Assets 2020: $162,090Liabilities 2020: $0Net Assets 2020: $162,0902020Assets 2021: $161,998Liabilities 2021: $0Net Assets 2021: $161,9982021Assets 2022: $125,176Liabilities 2022: $0Net Assets 2022: $125,1762022Assets 2023: $97,973Liabilities 2023: $0Net Assets 2023: $97,9732023Assets 2024: $89,484Liabilities 2024: $0Net Assets 2024: $89,4842024Assets 2025: $69,986Liabilities 2025: $0Net Assets 2025: $69,9862025

Highlighted filing

2018

Assets$48,778
Liabilities$0
Net Assets$48,778

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $25,900Expenses 2016: $850Net Income 2016: $25,0502016Revenue 2017: $74,805Expenses 2017: $29,557Net Income 2017: $45,2482017Revenue 2018: $114,824Expenses 2018: $136,344Net Income 2018: -$21,5202018Revenue 2018: $114,824Expenses 2018: $136,344Net Income 2018: -$21,5202018Revenue 2019: $28,974Expenses 2019: $52,137Net Income 2019: -$23,1632019Revenue 2020: $151,934Expenses 2020: $15,459Net Income 2020: $136,4752020Revenue 2021: $25,393Expenses 2021: $25,485Net Income 2021: -$922021Revenue 2022: $12,100Expenses 2022: $48,922Net Income 2022: -$36,8222022Revenue 2023: $29,664Expenses 2023: $56,867Net Income 2023: -$27,2032023Revenue 2024: $20,830Expenses 2024: $23,318Net Income 2024: -$2,4882024Revenue 2025: $3,485Expenses 2025: $22,983Net Income 2025: -$19,4982025

Highlighted filing

2018

Revenue$114,824
Expenses$136,344
Net Income-$21,520
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 31, 2019
Return Version
2018v3.0
Gross Receipts
$114,824
Mission and Program Overview

Mission

To support the music and legacy of American composer William Thomas McKinley (1938 - 2015) through publication, recordings, the support of an archive of his music and writings, and a continuing mission to to support educational programs and grants in music and music composition for young American composers in honor of the educational legacy of Mr. McKinley.

Program Services

DescriptionGrantsExpenses
In 2018 the foundation funded the cataloging and scanning of McKinley's manuscripts and fair copies as the works were prepared for publication. The foundation also ran a successful composition program in Alba, on the heels of 2017 and 2016, and funded a program of music by McKinley as part of an 80th birthday memorial celebration at New England Conservatory of Music in Boston.$1,400$78,708
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elliott McKinleyPresident, TreasurerPT$12,000-$12,000
Derrick McKinleyVice President-$0--
Jory McKinleySecretary-$0--
Filing and Contact Details

Filer

Filer Name
William Thomas McKinley Foundation
EIN
81-3119996
Phone
7659606469
Address
288 Riverside Street, Portsmouth, RI 02871

Signing Officer

Name
Elliott McKinley
Title
President, Treasurer
Phone
7659606469
Signed
2019-03-31
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Alba Composition Program scholarships for 2018

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.

Path#Value
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Elliott McKinley
IRS990EZ/BooksInCareOfDetail/PhoneNum07659606469
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0288 Riverside Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Portsmouth
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002871
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt070298
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048778
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IRS990EZ/ExcessOrDeficitForYearAmt0-21520
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IRS990EZ/GrossSalesOfInventoryAmt00
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IRS990EZ/OccupancyRentUtltsAndMaintAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Elliott McKinley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Derrick McKinley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jory McKinley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President, Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To support the music and legacy of American composer William Thomas McKinley (1938 - 2015) through publication, recordings, the support of an archive of his music and writings, and a continuing mission to to support educational programs and grants in music and music composition for young American composers in honor of the educational legacy of Mr. McKinley.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt039000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In 2018 the foundation funded the cataloging and scanning of McKinley's manuscripts and fair copies as the works were prepared for publication. The foundation also ran a successful composition program in Alba, on the heels of 2017 and 2016, and funded a program of music by McKinley as part of an 80th birthday memorial celebration at New England Conservatory of Music in Boston.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01400
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt078708
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt056236
IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
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IRS990EZ/TotalProgramServiceExpensesAmt078708
IRS990EZ/TotalRevenueAmt0114824
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0This was the tuition collected for the 2018 Alba Program and paid out to the festival for services rendered as part of the program.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1This was the tuition collected for the 2018 Alba Program and paid out to the festival for services rendered as part of the program.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part II, Line 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt055805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0157529
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt058000
IRS990ScheduleA/PublicSupportTotal170Amt0157529
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055805
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0157529
IRS990ScheduleA/TotalSupportAmt0215529
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Alba Composition Program scholarships for 2018
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Elliott McKinley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President, Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07659606469
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0William Thomas McKinley Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0813119996
ReturnHeader/Filer/PhoneNum07659606469
ReturnHeader/Filer/USAddress/AddressLine1Txt0288 Riverside Street
ReturnHeader/Filer/USAddress/CityNm0Portsmouth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002871
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.0.210.239
ReturnHeader/ReturnTs02019-03-30T22:22:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings