Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.27x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Balance Sheet
Assets
Up$163,780
Up $15,534 (+10%) from 2019
Net Assets
Down$119,943
Down $27,803 (-19%) from 2019
Liabilities
Up$43,837
Up $43,337 (+8667%) from 2019
Revenue And Expenses
Revenue
Down$158,076
Down $41,679 (-21%) from 2019
Expenses
Up$185,879
Up $123,648 (+199%) from 2019
Net Income
Down-$27,803
Down $165,327 (-120%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2019 to May 31, 2020
- Signed
- Dec 18, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $158,076
Mission and Program Overview
Mission
Guarneri Hall NFPs mission is to facilitate music education and to record, preserve and disseminate musical performances with the goal of stimulating interest in classical music, especially in young people. Guarneri Hall NFP also provides assistance to classical music students, and up and coming professionals through instructional grants the facilitation of loans of high-quality musical instruments that they could not otherwise afford. These goals are accomplished through workshops aimed primarily toward the education of young music students and non-music students as well as workshops with aspiring music teachers, and through a variety of materials, which are accessible on the organizations website for a nominal cost.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Guarneri Hall NFP (GH) facilitates music education, musical performances and the recording, live-streaming and preservation of musical performances with the goal of stimulating interest in classical music, especially in young people. The organizational goals are accomplished through educational initiatives aimed toward the education of a.) pre-college students with no music background, b.) pre-college aspiring musicians, and c.) collegiate and post collegiate up and coming professional musicians. Guarneri Hall NFP produces and disseminates a variety of video, audio, and print materials, much of which is accessible free of charge or at a nominal cost at guarnerihall.org and on YouTube. GH also provides aspiring musicians with assistance, including instruction, career guidance, and the facilitation of loans of high-quality musical instruments that they could not otherwise afford. | $169,810 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stefan Hersh | President | PT | $0 | - | - |
| Neil Berg | Vice President | PT | $0 | - | - |
| Joann Berg | Treasurer | - | $0 | - | - |
| Gail Greenwald | Secretary | - | $0 | - | - |
| Michael Henoch | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Guarneri Hall NFP
- EIN
- 82-5203217
- Phone
- 8477806720
- Address
- 11 East Adams Street Ste 350A, Chicago, IL 60603
Signing Officer
- Name
- Stefan Hersh
- Title
- President
- Signed
- 2020-12-18
- Discuss with paid preparer
- Yes
Preparer
- Firm
- JS White & Associates LLC
- Address
- 110 E Schiller Street Suite 230, Elmhurst, IL 60126
- Preparer
- Jim White
- Phone
- 6309168536
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $19919”
Other Expenses.1002
“Office Expenses $2072”
Other Expenses.1003
“Information Technology $49532”
Other Expenses.1009
“Depreciation $7132”
Other Expenses.1
“Instrument & Equipment Rental $5972”
Other Expenses.2
“Small Equipment $5705”
Other Expenses.3
“Instrument & Equipment Repairs $1090”
Other Expenses.4
“Taxes & Licenses $100”
Other Assets.1002
“Furniture and Fixtures - Beginning $72645 Furniture and Fixtures - Ending $97537”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $43337”
Total Liabilities.1
“Security Deposit - Beginning $500 Security Deposit - Ending $500”
Raw XML Appendix159 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 924 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 149741 |
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| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
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| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 94357 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 163780 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 158076 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 790 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 70343 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 65319 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 15.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Michael Henoch |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Trustee |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 72645 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 97537 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 91522 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Guarneri Hall NFPs mission is to facilitate music education and to record, preserve and disseminate musical performances with the goal of stimulating interest in classical music, especially in young people. Guarneri Hall NFP also provides assistance to classical music students, and up and coming professionals through instructional grants the facilitation of loans of high-quality musical instruments that they could not otherwise afford. These goals are accomplished through workshops aimed primarily toward the education of young music students and non-music students as well as workshops with aspiring music teachers, and through a variety of materials, which are accessible on the organizations website for a nominal cost. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 7545 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Guarneri Hall NFP (GH) facilitates music education, musical performances and the recording, live-streaming and preservation of musical performances with the goal of stimulating interest in classical music, especially in young people. The organizational goals are accomplished through educational initiatives aimed toward the education of a.) pre-college students with no music background, b.) pre-college aspiring musicians, and c.) collegiate and post collegiate up and coming professional musicians. Guarneri Hall NFP produces and disseminates a variety of video, audio, and print materials, much of which is accessible free of charge or at a nominal cost at guarnerihall.org and on YouTube. GH also provides aspiring musicians with assistance, including instruction, career guidance, and the facilitation of loans of high-quality musical instruments that they could not otherwise afford. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 169810 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 500 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 43837 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 185879 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 169810 |
| IRS990EZ/TotalRevenueAmt | 0 | 158076 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.guarnerihall.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 149741 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 189280 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 342021 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 342021 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 149741 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 189280 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 342021 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 342021 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $19919 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $2072 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Information Technology $49532 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Depreciation $7132 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Instrument & Equipment Rental $5972 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Small Equipment $5705 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Instrument & Equipment Repairs $1090 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Taxes & Licenses $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Furniture and Fixtures - Beginning $72645 Furniture and Fixtures - Ending $97537 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $43337 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Security Deposit - Beginning $500 Security Deposit - Ending $500 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2021-04-22 16:20:28Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Stefan Hersh |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-12-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Guarneri Hall NFP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GUAR |
| ReturnHeader/Filer/EIN | 0 | 825203217 |
| ReturnHeader/Filer/PhoneNum | 0 | 8477806720 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 11 East Adams Street Ste 350A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Chicago |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60603 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 815036435 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JS White & Associates LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 110 E Schiller Street Suite 230 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Elmhurst |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60126 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6309168536 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jim White |
| ReturnHeader/ReturnTs | 0 | 2020-12-18T07:08:55-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-05-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $163,780
- Liabilities
- $43,837
- Net assets
- $119,943
- Revenue
- $158,076
- Expenses
- $185,879
- Net income
- -$27,803