Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.30x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Balance Sheet
Assets
Up$233,811
Up $70,031 (+43%) from 2020
Net Assets
Up$162,685
Up $42,742 (+36%) from 2020
Liabilities
Up$71,126
Up $27,289 (+62%) from 2020
Revenue And Expenses
Revenue
Up$165,100
Up $7,024 (+4.4%) from 2020
Expenses
Down$122,358
Down $63,521 (-34%) from 2020
Net Income
Up$42,742
Up $70,545 (+254%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2020 to May 31, 2021
- Signed
- Nov 4, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $165,100
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. | $106,950 | - |
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
- 2021-11-04
- 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
- 6305194427
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $13936”
Other Expenses.1002
“Office Expenses $3487”
Other Expenses.1009
“Depreciation $7132”
Other Expenses.1
“Instrument & Equipment Rental $9405”
Other Expenses.2
“Instrument & Equipment Repairs $2830”
Other Expenses.3
“Taxes & Licenses $1608”
Other Expenses.4
“Small Equipment $391”
Other Assets.1002
“Furniture and Fixtures - Beginning $97537 Furniture and Fixtures - Ending $95429”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $5810”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $43337 Accounts Payable and Accrued Expenses - Ending $41126”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $30000”
Total Liabilities.1
“Security Deposit - Beginning $500 Security Deposit - Ending $0”
Raw XML Appendix168 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/CityNm | 0 | Chicago |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 72277 |
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| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 83569 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
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| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 233811 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 165100 |
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| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 60295 |
| 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 | 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 | 3 | Gail Greenwald |
| 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 | 97537 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 101239 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38789 |
| 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 | 123940 |
| 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 | 106950 |
| 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 | 43837 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 71126 |
| 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 | 122358 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 106950 |
| IRS990EZ/TotalRevenueAmt | 0 | 165100 |
| 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 | 32096 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 149741 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 189280 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 374117 |
| 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 | 374117 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 32096 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 149741 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 189280 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 374117 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 374117 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $13936 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $3487 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Depreciation $7132 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Instrument & Equipment Rental $9405 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Instrument & Equipment Repairs $2830 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Taxes & Licenses $1608 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Small Equipment $391 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Furniture and Fixtures - Beginning $97537 Furniture and Fixtures - Ending $95429 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $5810 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $43337 Accounts Payable and Accrued Expenses - Ending $41126 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $30000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Security Deposit - Beginning $500 Security Deposit - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Stefan Hersh |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-04 |
| 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 | 6305194427 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jim White |
| ReturnHeader/ReturnTs | 0 | 2021-11-04T11:06:03-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Stefan |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Hersh |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-05-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $233,811
- Liabilities
- $71,126
- Net assets
- $162,685
- Revenue
- $165,100
- Expenses
- $122,358
- Net income
- $42,742