Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 4.1% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Up$33,227
Up $17,262 (+108%) from 2020
Net Assets
Up$27,771
Up $15,037 (+118%) from 2020
Liabilities
Up$5,456
Up $2,225 (+69%) from 2020
Revenue
Up$161,322
Up $24,082 (+18%) from 2020
Expenses
Up$148,460
Up $32,093 (+28%) from 2020
Net Income
Down$12,862
Down $8,011 (-38%) from 2020
Providemusiclessonsatanaffordableatorbelowmarketrate,andeducationtochildrenandadults,offeringadditionalscholarshipdiscountstothoseinneed.
| Description | Grants | Expenses |
|---|---|---|
| Individualandgroupmusiclessonsatanaffordableatorbelowmarketrate,instructionandeducation.Weprovidebetween90-110lessonsperweek. | $0 | $102,657 |
| Providemusicinstrumentsandsuppliesataslidingscalecostorfreeifneeded.In2021,fivestudentsreceivedreducedratelessons. | $0 | $1,813 |
| Provideperformanceopportunitiesandlivemusicforstudentsandcommunitymembers.Typicalattendanceisabout100people.Theseeventsarefreetothepublic,andalsoserveasafundraisingopportunitywithdonationsaccepted. | $0 | $448 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Christopher Fahey | Executive Director | PT | $6,580 | - | $6,580 |
| Patti Benson | President Of The Board Of Director | - | $1,779 | - | $1,779 |
| Cooper Alt | Managing Director | PT | $0 | - | - |
| Louwenda Kachingwe | Vice President Of Board Of Director | - | $0 | - | - |
| Shannon Fahey | Secretary Of Board | - | $0 | - | - |
| Jenn Whigham | Director Of Communications | - | $0 | - | - |
“| Other Revenues:, Amount:| room rental $130 repairs $ 59 shipping revenue $4, $193|”
“| Other Expenses:, Amount:| bank $166 CC $4021 insur $1823 admin $3303 mktg $678 emplr taxes $443 supp $1134, $11568|”
“| Explanation:, Amount:| inventory value increase, $1768| pending dep 2021 48 + prior yr reconciliation discrep 360, $407|”
“| Explanation:, BOYAmount:, EOYAmount:| cost value of stocked inventory for sale, $2903, $4671| pending deposits 216, $0, $216|”
“| Explanation:, BOYAmount:, EOYAmount:| uncashed checks $4729 sales tax payable $144 fed tax payable $544 credit card $39, $3231, $5456|”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Excelsior Bay Finance LLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6127502916 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1440 KNOB HILL LN |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | EXCELSIOR |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55331 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 13062 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 28340 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10203 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 3673 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12862 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 102657 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15965 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 33227 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | -548 |
| IRS990EZ/GrossReceiptsAmt | 0 | 164995 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 3125 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 12734 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27771 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 12734 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27771 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 27655 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 6580 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 1779 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Christopher Fahey |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Cooper Alt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Patti Benson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Louwenda Kachingwe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Shannon Fahey |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Jenn Whigham |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Managing Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | President of the Board of Dir |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President of Board of Dir |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Secretary of Board |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director of Communications |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2903 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4887 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 2175 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11568 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 193 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Providemusiclessonsatanaffordableatorbelowmarketrate,andeducationtochildrenandadults,offeringadditionalscholarshipdiscountstothoseinneed. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 151474 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Individualandgroupmusiclessonsatanaffordableatorbelowmarketrate,instructionandeducation.Weprovidebetween90-110lessonsperweek. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Provideperformanceopportunitiesandlivemusicforstudentsandcommunitymembers.Typicalattendanceisabout100people.Theseeventsarefreetothepublic,andalsoserveasafundraisingopportunitywithdonationsaccepted. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Providemusicinstrumentsandsuppliesataslidingscalecostorfreeifneeded.In2021,fivestudentsreceivedreducedratelessons. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 102657 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 448 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 1813 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 6580 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3231 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5456 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 148460 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 104918 |
| IRS990EZ/TotalRevenueAmt | 0 | 161322 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.musiccoopmn.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | | Year:, Amount:, Description:| 2017, , | 2018, 5467gross sales of inventory less returns and allowances| 2019, 8426gross sales of inventory less returns and allowances| 2020, 3029$2635 gross sales of inventory less returns and allow; $394 rep gift cd rentals| 2021, 33173,125 gross sales of inventory less returns and allow; $63 repairs shipp $130 room rental fees| |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Part II - Line 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 10203 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12023 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8262 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7749 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 38237 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 151474 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 3317 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3029 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8426 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5467 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 20239 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 38237 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 10203 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12023 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8262 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7749 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 38237 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 58476 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Revenues:, Amount:| room rental $130 repairs $ 59 shipping revenue $4, $193| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| bank $166 CC $4021 insur $1823 admin $3303 mktg $678 emplr taxes $443 supp $1134, $11568| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Explanation:, Amount:| inventory value increase, $1768| pending dep 2021 48 + prior yr reconciliation discrep 360, $407| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Explanation:, BOYAmount:, EOYAmount:| cost value of stocked inventory for sale, $2903, $4671| pending deposits 216, $0, $216| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | | Explanation:, BOYAmount:, EOYAmount:| uncashed checks $4729 sales tax payable $144 fed tax payable $544 credit card $39, $3231, $5456| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part I, line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Patricia Benson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Financial Adminstrator and Bd Pres |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | The Music Coop |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MUSI |
| ReturnHeader/Filer/EIN | 0 | 825413428 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 5924707844 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 180 George St Suite 102 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Excelsior |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 553311781 |
| ReturnHeader/ReturnTs | 0 | 2022-05-09T10:47:02-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.