Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
EIN 83-0713289 • 501(c)3 • Redding, CT
Profile
Spreadmusicnow funds high-quality music education in and out of the classroom that puts underserved students on a path to college, career, and life success.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
75th percentile
Faster revenue growth than 75% of similar nonprofits.
Assets
Up$240,004
Up $104,742 (+77%) from 2023
Liabilities
Up$10,068
Up $10,068 from 2023
Net Assets
Up$229,936
Up $94,674 (+70%) from 2023
Revenue
Up$137,266
Up $27,114 (+25%) from 2023
Expenses
Up$42,592
Up $26,996 (+173%) from 2023
Net Income
Up$94,674
Up $118 (+0.1%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Spreadmusicnow funds high-quality music education in and out of the classroom that puts underserved students on a path to college, career, and life success.
| Description | Grants | Expenses |
|---|---|---|
| WE SUPPORT INDEPENDENT, COMMUNITY-BASED INITIATIVES THAT PROVIDE ENGAGING AND INNOVATIVE MUSIC INSTRUCTION OUTSIDE OF THE CLASSROOM. THROUGH THIS BROAD-BASED APPROACH, WE PROVIDE OUR DONORS WITH THE CONFIDENCE THAT THEIR GENEROSITY OFFERS THE HIGHEST QUALITY MUSIC EDUCATION TO THE GREATEST NUMBER OF UNDERSERVED YOUTH. | $0 | $24,346 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GREGORY S YOUNG | President | - | $0 | - | - |
| RICHARD J WENNING | Treasurer | - | $0 | - | - |
| MARVIN MCNEIL | Board Member | - | $0 | - | - |
| ROBERT MARS | Board Member | - | $0 | - | - |
“Description: interest income. Amount: 4. Description: dividend income. Amount: 7,169. Total included on form 990-ez, line 4: 7,173.”
“Description: depreciation. Amount: 2,716.”
“Description: interest expense. Amount: 101. Description: charitable contributions. Amount: 8,011. Description: insurance. Amount: 1,126. Description: bank and credit card fees. Amount: 27. Description: travel & lodging. Amount: 1,355. Description: the granite program expenses. Amount: 24,346. Total to form 990-ez, line 16: 34,966.”
“Description: investments at fair value. Beg. Of year amount: 0. End of year amount: 2,755. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 35,565.”
“Description: credit card liability. Beg. Of year amount: 0. End of year amount: 10,068.”
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 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3036017454 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5 N MAIN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | REDDING |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06896 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 135262 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 201684 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 130093 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 94674 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4910 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 135262 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 240004 |
| IRS990EZ/GrossReceiptsAmt | 0 | 137266 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7173 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 135262 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 229936 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 135262 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 229936 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2716 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GREGORY S YOUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD J WENNING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MARVIN MCNEIL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROBERT MARS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 38320 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34966 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SPREADMUSICNOW FUNDS HIGH-QUALITY MUSIC EDUCATION IN AND OUT OF THE CLASSROOM THAT PUTS UNDERSERVED STUDENTS ON A PATH TO COLLEGE, CAREER, AND LIFE SUCCESS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WE SUPPORT INDEPENDENT, COMMUNITY-BASED INITIATIVES THAT PROVIDE ENGAGING AND INNOVATIVE MUSIC INSTRUCTION OUTSIDE OF THE CLASSROOM. THROUGH THIS BROAD-BASED APPROACH, WE PROVIDE OUR DONORS WITH THE CONFIDENCE THAT THEIR GENEROSITY OFFERS THE HIGHEST QUALITY MUSIC EDUCATION TO THE GREATEST NUMBER OF UNDERSERVED YOUTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 24346 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10068 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 42592 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 24346 |
| IRS990EZ/TotalRevenueAmt | 0 | 137266 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SPREADMUSICNOW.ORG |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | SPREADMUSICNOW MEETS THE 10% FACTS AND CIRCUMSTANCES TEST BECAUSE IT RECEIVES MORE THAN 10% OF ITS PUBLIC SUPPORT AND DEMONSTRATES A COMMITMENT TO CONTINUOUS PUBLIC ENGAGEMENT THROUGH A BONA FIDE SOLICITATION PROGRAM AND PUBLIC-BENEFIT SERVICES. OUR GOVERNING BOARD REPRESENTS BROAD PUBLIC INTERESTS, AND OUR ACTIVITIES ARE OPEN TO AND BENEFIT THE GENERAL PUBLIC. FOR THESE REASONS, THE ORGANIZATION IS IN THE NATURE OF A PUBLICLY SUPPORTED ORGANIZATION. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 130093 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 109057 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92611 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23546 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 199525 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 554832 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 7213 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1095 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 8353 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 45 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.18180 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 102360 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 452472 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 130093 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 109057 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92611 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23546 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 199525 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 554832 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 563185 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 4. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 7,169. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 7,173. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DEPRECIATION. AMOUNT: 2,716. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INTEREST EXPENSE. AMOUNT: 101. DESCRIPTION: CHARITABLE CONTRIBUTIONS. AMOUNT: 8,011. DESCRIPTION: INSURANCE. AMOUNT: 1,126. DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 27. DESCRIPTION: TRAVEL & LODGING. AMOUNT: 1,355. DESCRIPTION: THE GRANITE PROGRAM EXPENSES. AMOUNT: 24,346. TOTAL TO FORM 990-EZ, LINE 16: 34,966. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: INVESTMENTS AT FAIR VALUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,755. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 35,565. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: CREDIT CARD LIABILITY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10,068. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICHARD J WENNING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3036017454 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SPREADMUSICNOW INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPRE |
| ReturnHeader/Filer/EIN | 0 | 830713289 |
| ReturnHeader/Filer/PhoneNum | 0 | 3036017454 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5 N MAIN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | REDDING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06896 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061415579 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CAPOSSELA COHEN LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 368 CENTER STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SOUTHPORT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06890 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2032547000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSEPH V BARRANCA CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-05T01:08:48-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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