Civic Intelligence

Kendall Square Orchestra Inc.

990EZ • Fiscal year 2020 • EIN 83-3633860

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2020

28 Holyoke Rd 2Somerville, MA 02144

(734) 330-1014

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

18th percentile

-28%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-46%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

6.9%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$26,363

Down $22,367 (-46%) from 2019

Net Assets

Down

$26,363

Down $22,367 (-46%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$80,376

Up $5,202 (+6.9%) from 2019

Expenses

Up

$102,743

Up $76,299 (+289%) from 2019

Net Income

Down

-$22,367

Down $71,097 (-146%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2019: $48,730Liabilities 2019: $0Net Assets 2019: $48,7302019Assets 2020: $26,363Liabilities 2020: $0Net Assets 2020: $26,3632020Assets 2021: $38,537Liabilities 2021: $0Net Assets 2021: $38,5372021Assets 2022: $83,123Liabilities 2022: $0Net Assets 2022: $83,1232022Assets 2023: $99,012Liabilities 2023: $39,997Net Assets 2023: $59,0152023Assets 2024: $53,229Liabilities 2024: $4,870Net Assets 2024: $48,3592024Assets 2025: $70,197Liabilities 2025: $26,618Net Assets 2025: $43,5792025

Highlighted filing

2020

Assets$26,363
Liabilities$0
Net Assets$26,363

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $75,174Expenses 2019: $26,444Net Income 2019: $48,7302019Revenue 2020: $80,376Expenses 2020: $102,743Net Income 2020: -$22,3672020Revenue 2021: $113,854Expenses 2021: $101,680Net Income 2021: $12,1742021Revenue 2022: $115,753Expenses 2022: $96,587Net Income 2022: $19,1662022Revenue 2023: $230,582Expenses 2023: $241,590Net Income 2023: -$11,0082023Revenue 2024: $120,749Expenses 2024: $131,404Net Income 2024: -$10,6552024Revenue 2025: $240,791Expenses 2025: $240,844Net Income 2025: -$532025

Highlighted filing

2020

Revenue$80,376
Expenses$102,743
Net Income-$22,367
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$80,376
Mission and Program Overview

Mission

To connect professionals from across the diverse academic and corporate community of kendall square through music. K2o also seeks to support industry and community events related to healthcare & education and promote community engagement, teamwork, and leadership.

Program Services

DescriptionGrantsExpenses
SYMPHONY FOR SCIENCE PERFORMANCE$25,893$27,743
REGULAR ORCHESTRA PERFORMANCES$6,264$25,063
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER PARKDevelopment Director-$0--
JOEL BARDArtistic Director-$0--
ELENA SPENCERPresidentPT$0--
KELLY ALISON CLARKTreasurerPT$0--
SHANNON BROWNECOOPT$0--
Filing and Contact Details

Filer

Filer Name
Kendall Square Orchestra Inc
EIN
83-3633860
Phone
7343301014
Address
28 HOLYOKE RD 2, SOMERVILLE, MA 02144

Signing Officer

Name
Kelly Clark
Title
Treasurer
Phone
7343301014
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Colonial Bookkeeping & Tax Inc
Address
97 LOWELL ROAD 3RD FLOOR UNIT A-10, CONCORD, MA 01742
Preparer
Laura Lech
Phone
5085232505
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Payments to Affiliates

Affiliate name: massachusetts general hospital frontal temporal disorders unit. Affiliate address: 125 nashua street, ste 540 boston, ma 02114. Purpose of payment: charitable contribution. Amount of payment: 42,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising and marketing. Amount: 1,308. Description: artistic product enhancement. Amount: 190. Description: bank charges. Amount: 132. Description: event insurance. Amount: 714. Description: fiscal sponsorship fee. Amount: 3,879. Description: leadership content development. Amount: 1,000. Description: ma filing fees and licenses. Amount: 773. Description: meals. Amount: 1,085. Description: music conducting services. Amount: 24,000. Description: music preparation services. Amount: 2,457. Description: music rental and licenses. Amount: 750. Description: musician subs. Amount: 637. Description: office and software expense. Amount: 760. Description: production and exhibition. Amount: 17,379. Description: security. Amount: 279. Total to form 990-ez, line 16: 55,343.

Raw XML Appendix160 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/USAddress/CityNm0CONCORD
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001742
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt048730
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt46.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIFER PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOEL BARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ELENA SPENCER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KELLY ALISON CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHANNON BROWNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DEVELOPMENT DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1ARTISTIC DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4COO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt055343
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO CONNECT PROFESSIONALS FROM ACROSS THE DIVERSE ACADEMIC AND CORPORATE COMMUNITY OF KENDALL SQUARE THROUGH MUSIC. K2O ALSO SEEKS TO SUPPORT INDUSTRY AND COMMUNITY EVENTS RELATED TO HEALTHCARE & EDUCATION AND PROMOTE COMMUNITY ENGAGEMENT, TEAMWORK, AND LEADERSHIP.
IRS990EZ/ProgramServiceRevenueAmt032157
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REGULAR ORCHESTRA PERFORMANCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SYMPHONY FOR SCIENCE PERFORMANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06264
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt125893
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025063
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt127743
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KENDALLSQUAREORCHESTRA.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048219
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0108057
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFFILIATE NAME: MASSACHUSETTS GENERAL HOSPITAL FRONTAL TEMPORAL DISORDERS UNIT. AFFILIATE ADDRESS: 125 NASHUA STREET, STE 540 BOSTON, MA 02114. PURPOSE OF PAYMENT: CHARITABLE CONTRIBUTION. AMOUNT OF PAYMENT: 42,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING AND MARKETING. AMOUNT: 1,308. DESCRIPTION: ARTISTIC PRODUCT ENHANCEMENT. AMOUNT: 190. DESCRIPTION: BANK CHARGES. AMOUNT: 132. DESCRIPTION: EVENT INSURANCE. AMOUNT: 714. DESCRIPTION: FISCAL SPONSORSHIP FEE. AMOUNT: 3,879. DESCRIPTION: LEADERSHIP CONTENT DEVELOPMENT. AMOUNT: 1,000. DESCRIPTION: MA FILING FEES AND LICENSES. AMOUNT: 773. DESCRIPTION: MEALS. AMOUNT: 1,085. DESCRIPTION: MUSIC CONDUCTING SERVICES. AMOUNT: 24,000. DESCRIPTION: MUSIC PREPARATION SERVICES. AMOUNT: 2,457. DESCRIPTION: MUSIC RENTAL AND LICENSES. AMOUNT: 750. DESCRIPTION: MUSICIAN SUBS. AMOUNT: 637. DESCRIPTION: OFFICE AND SOFTWARE EXPENSE. AMOUNT: 760. DESCRIPTION: PRODUCTION AND EXHIBITION. AMOUNT: 17,379. DESCRIPTION: SECURITY. AMOUNT: 279. TOTAL TO FORM 990-EZ, LINE 16: 55,343.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY CLARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07343301014
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENDALL SQUARE ORCHESTRA INC
ReturnHeader/Filer/BusinessNameControlTxt0KEND
ReturnHeader/Filer/EIN0833633860
ReturnHeader/Filer/PhoneNum07343301014
ReturnHeader/Filer/USAddress/AddressLine1Txt028 HOLYOKE RD 2
ReturnHeader/Filer/USAddress/CityNm0SOMERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002144
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.242.10.190
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm020:59:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452445345
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLONIAL BOOKKEEPING & TAX INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt097 LOWELL ROAD 3RD FLOOR UNIT A-10
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001742
ReturnHeader/PreparerPersonGrp/PhoneNum05085232505
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA LECH
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-16T20:59:39-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings