Civic Intelligence

Music for Minds Inc.

990EZ • Fiscal year 2019 • EIN 81-5273498

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 02, 2021

Organization ProfileN/A
136 Allen RoadNorth Easton, MA 02356

(786) 201-9169

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.

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

92nd percentile

110%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

58th percentile

6.1%

Faster revenue growth than 58% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$724

Up $379 (+110%) from 2018

Net Assets

Up

$724

Up $379 (+110%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin46th percentile

Revenue

Up

$28,384

Up $1,624 (+6.1%) from 2018

Expenses

Down

$27,943

Down $5,229 (-16%) from 2018

Net Income

Up

$441

Up $6,853 (+107%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$100K$50K$0Assets 2017: $6,758Liabilities 2017: $0Net Assets 2017: $6,7582017Assets 2018: $345Liabilities 2018: $0Net Assets 2018: $3452018Assets 2019: $724Liabilities 2019: $0Net Assets 2019: $7242019Assets 2020: $39Liabilities 2020: $0Net Assets 2020: $392020Assets 2021: $94,778Liabilities 2021: $25,900Net Assets 2021: $68,8782021Assets 2022: $67,927Liabilities 2022: $25,900Net Assets 2022: $42,0272022

Highlighted filing

2019

Assets$724
Liabilities$0
Net Assets$724
Open 2019 Filing

Operations Trend

Revenue Growth58th percentile

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

$100K$50K$0-$50KRevenue 2017: $17,297Expenses 2017: $10,539Net Income 2017: $6,7582017Revenue 2018: $26,760Expenses 2018: $33,172Net Income 2018: -$6,4122018Revenue 2019: $28,384Expenses 2019: $27,943Net Income 2019: $4412019Revenue 2020: $100Expenses 2020: $785Net Income 2020: -$6852020Revenue 2021: $82,450Expenses 2021: $13,611Net Income 2021: $68,8392021Revenue 2022: $250Expenses 2022: $27,101Net Income 2022: -$26,8512022

Highlighted filing

2019

Revenue$28,384
Expenses$27,943
Net Income$441
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 2, 2021
Return Version
2019v5.1
Gross Receipts
$28,384
Mission and Program Overview

Mission

Music for minds, inc. Was established as a non-profit organization to encourage demand for and understanding of classical music through performance, workshops and masterclasses

To encourage demand for and understanding of classical music through performance, workshops, festivals and masterclasses

Program Services

DescriptionGrantsExpenses
ORGANIZING AND RUNNING A CLASSICAL MUSIC FESTIVAL$0$27,941
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ASIYA KOREPANOVAPresidentPT$0--
MATTHEW TAYLORDirector-$0--
ABRAM KREEGERDirector-$0--
JOANA GONZALEZDirector-$0--
DMITRY KOSHKINTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Music for Minds Inc
EIN
81-5273498
Phone
7862019169
Address
136 ALLEN ROAD, NORTH EASTON, MA 02356

Signing Officer

Name
Asiya Korepanova
Title
President
Phone
7862019169
Signed
2021-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Amichetti & Company
Address
ONE EDGEWATER DRIVE SUITE 109, NORWOOD, MA 02062
Preparer
Anthony J Amichetti Iii
Phone
7812559669
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“ADVERTISING 217.”

Form 990EZ, Part I, Line 16

“BANK FEES 351.”

Form 990EZ, Part I, Line 16

“TRAVEL & MEALS 2183.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSES 2642.”

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/BooksInCareOfDetail/PhoneNum07862019169
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0136 ALLEN ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0N EASTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002356
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0283
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ASIYA KOREPANOVA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHEW TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ABRAM KREEGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOANA GONZALEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DMITRY KOSHKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05393
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGE DEMAND FOR AND UNDERSTANDING OF CLASSICAL MUSIC THROUGH PERFORMANCE, WORKSHOPS, FESTIVALS AND MASTERCLASSES
IRS990EZ/ProgramServiceRevenueAmt05487
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZING AND RUNNING A CLASSICAL MUSIC FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027941
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt027943
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IRS990EZ/TotalRevenueAmt028384
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016755
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06075
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt049590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleA/Total509Grp/TotalAmt049590
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt049590
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 217.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK FEES 351.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVEL & MEALS 2183.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSES 2642.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASIYA KOREPANOVA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07862019169
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSIC FOR MINDS INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0815273498
ReturnHeader/Filer/PhoneNum07862019169
ReturnHeader/Filer/USAddress/AddressLine1Txt0136 ALLEN ROAD
ReturnHeader/Filer/USAddress/CityNm0NORTH EASTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002356
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AMICHETTI & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE EDGEWATER DRIVE SUITE 109
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002062
ReturnHeader/PreparerPersonGrp/PhoneNum07812559669
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY J AMICHETTI III
ReturnHeader/ReturnTs02021-11-11T13:36:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$724
Liabilities
$0
Net assets
$724
Revenue
$28,384
Expenses
$27,943
Net income
$441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$67.9$25.9$42.0$0.25$27.1$26.9
2021Detailed filing. Detailed filing data is available for this year.$94.8$25.9$68.9$82.5$13.6$68.8
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.10$0.79$0.69
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$28.4$27.9$0.44
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$26.8$33.2$6.41
2017Detailed filing. Detailed filing data is available for this year.$6.76$0.00$6.76$17.3$10.5$6.76
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits