Civic Intelligence

Denver Musicians Association

990 • Fiscal year 2020 • EIN 84-0187630

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

10395 W Colfax Ave No 210Lakewood, CO 80215

(303) 573-1717

Siviq Scores

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

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.17x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Net Margin

2nd percentile

-54%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

36th percentile

$57,692

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 29.5% of source-year revenue.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Asset Growth

20th percentile

-1.5%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-39%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,514,825

Down $23,626 (-1.5%) from 2019

Net Assets

Down

$1,481,207

Down $32,615 (-2.2%) from 2019

Liabilities

Up

$33,618

Up $8,989 (+36%) from 2019

Revenue

Down

$195,359

Down $122,644 (-39%) from 2019

Expenses

Down

$301,101

Down $67,362 (-18%) from 2019

Net Income

Down

-$105,742

Down $55,282 (-110%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $725,699Liabilities 2010: $30,361Net Assets 2010: $695,3382010Assets 2011: $605,441Liabilities 2011: $37,654Net Assets 2011: $567,7872011Assets 2012: $554,004Liabilities 2012: $42,053Net Assets 2012: $511,9512012Assets 2013: $463,234Liabilities 2013: $40,473Net Assets 2013: $422,7612013Assets 2014: $402,352Liabilities 2014: $42,380Net Assets 2014: $359,9722014Assets 2015: $1,554,084Liabilities 2015: $14,557Net Assets 2015: $1,539,5272015Assets 2016: $1,525,981Liabilities 2016: $32,984Net Assets 2016: $1,492,9972016Assets 2017: $1,610,567Liabilities 2017: $49,281Net Assets 2017: $1,561,2862017Assets 2018: $1,421,972Liabilities 2018: $33,055Net Assets 2018: $1,388,9172018Assets 2019: $1,538,451Liabilities 2019: $24,629Net Assets 2019: $1,513,8222019Assets 2020: $1,514,825Liabilities 2020: $33,618Net Assets 2020: $1,481,2072020Assets 2021: $1,549,497Liabilities 2021: $30,583Net Assets 2021: $1,518,9142021Assets 2022: $1,355,939Liabilities 2022: $26,303Net Assets 2022: $1,329,6362022Assets 2023: $1,497,747Liabilities 2023: $32,535Net Assets 2023: $1,465,2122023Assets 2024: $1,639,858Liabilities 2024: $62,593Net Assets 2024: $1,577,2652024

Highlighted filing

2020

Assets$1,514,825
Liabilities$33,618
Net Assets$1,481,207

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $273,0772010Expenses 2011: $278,1992011Expenses 2012: $314,5092012Revenue 2013: $196,745Expenses 2013: $310,186Net Income 2013: -$113,4412013Revenue 2014: $220,425Expenses 2014: $277,575Net Income 2014: -$57,1502014Revenue 2015: $1,553,339Expenses 2015: $363,000Net Income 2015: $1,190,3392015Revenue 2016: $254,003Expenses 2016: $344,275Net Income 2016: -$90,2722016Revenue 2017: $345,173Expenses 2017: $425,700Net Income 2017: -$80,5272017Revenue 2018: $300,107Expenses 2018: $309,062Net Income 2018: -$8,9552018Revenue 2019: $318,003Expenses 2019: $368,463Net Income 2019: -$50,4602019Revenue 2020: $195,359Expenses 2020: $301,101Net Income 2020: -$105,7422020Revenue 2021: $342,590Expenses 2021: $364,686Net Income 2021: -$22,0962021Revenue 2022: $359,335Expenses 2022: $336,044Net Income 2022: $23,2912022Revenue 2023: $332,892Expenses 2023: $319,394Net Income 2023: $13,4982023Revenue 2024: $337,465Expenses 2024: $332,835Net Income 2024: $4,6302024

Highlighted filing

2020

Revenue$195,359
Expenses$301,101
Net Income-$105,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$741,722
Mission and Program Overview

Mission

Through the combined efforts and resources of our members, the denver musicians association is committed to raising industry standards and positioning professional musicians in the foreground of the cultural landscape.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,501,312$1,455,516▼ $45,796
Cash and Non-Interest-Bearing Accounts$17,043$36,448▲ $19,405
Accounts Receivable$18,479$21,244▲ $2,765
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,538,451$1,514,825▼ $23,626
Other Assets Total$1,617$1,617→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,803$19,728▲ $13,925
Deferred Revenue$18,826$13,890▼ $4,936
Total Liabilities$24,629$33,618▲ $8,989
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,513,822$1,481,207▼ $32,615
Total Net Assets Fund Balance$1,513,822$1,481,207▼ $32,615
Total Liabilities and Net Assets / Fund Balance$1,538,451$1,514,825▼ $23,626

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$61,810$61,810
Equipment$0$55,315$55,315
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael AllenPresidentPT$57,692$57,692
Laura ChangTreasurer-$6,515$6,515
Valerie JohnsonSecretary-$4,343$4,343
Andy HolmesVice President-$3,040$3,040
Bill StephensBoard Member-$2,648$2,648
David BrussellBoard Member-$2,648$2,648
Gregory HarperBoard Member-$2,648$2,648
Ron BlandBoard Member-$2,648$2,648
Miriam KapnerBoard Member-$2,430$2,430
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$176,954
Investment Income
$18,405
Other Revenue
$0
Change in Net Assets
$-105,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$182,693
Other Expenses$118,408
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$84,612--$84,612
Other Salaries and Wages$48,854--$48,854
Other Employee Benefits$35,087--$35,087
Occupancy$19,059--$19,059
Fees for Services Other$13,137--$13,137
Payroll Taxes$9,182--$9,182
Fees for Service Investment Mgmnt Fees$8,129--$8,129
Information Technology$7,938--$7,938
Pension Plan Contributions$4,958--$4,958
Fees for Services Accounting$4,880--$4,880
Office Expenses$3,814--$3,814
Insurance$3,553--$3,553
Fees for Services Legal$1,869--$1,869
Conferences and Meetings$1,155--$1,155
Advertising$205--$205
Other Expenses$112--$112
Total Functional Expenses$301,101$0$0$301,101
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is provided to the organization's governing body for review and approval before it is filed.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by reviewing interests that could give rise to conflict at each monthly meeting of the board.

Form 990, Part VI, Section B, Line 15

The process for determining compensation of the organization's top management officials, officers, and key employees includes an annual review and approval by the board and comparability data of charters of similar complexity and size.

Form 990, Part VI, Section C, Line 18

The organization makes its form 990 available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Denver Musicians Association
EIN
84-0187630
Phone
3035731717
Address
10395 W COLFAX AVE NO 210, LAKEWOOD, CO 80215

Signing Officer

Name
Michael Allen
Title
President/COO
Phone
3035731717
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Allen
Formed
1966
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
0
Employees
7
Volunteers
10

Preparer

Firm
RYAN GUNSAULS & O'DONNELL LLC
Address
5590 E YALE AVE SUITE 201, DENVER, CO 80222
Preparer
Elizabeth B Moore CPA Mtx
Phone
3037585558
Raw XML Appendix376 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021422
IRS990/PYOtherExpensesAmt0192450
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0296581
IRS990/PYRevenuesLessExpensesAmt0-50460
IRS990/PYSalariesCompEmpBnftPaidAmt0176013
IRS990/PYTotalExpensesAmt0368463
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0318003
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-105742
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0176954
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055315
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055315
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt061810
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt061810
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REVIEWING INTERESTS THAT COULD GIVE RISE TO CONFLICT AT EACH MONTHLY MEETING OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES INCLUDES AN ANNUAL REVIEW AND APPROVAL BY THE BOARD AND COMPARABILITY DATA OF CHARTERS OF SIMILAR COMPLEXITY AND SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01538451
IRS990/TotalAssetsEOYAmt01514825
IRS990/TotalAssetsGrp/BOYAmt01538451
IRS990/TotalAssetsGrp/EOYAmt01514825
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0301101
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024629
IRS990/TotalLiabilitiesEOYAmt033618
IRS990/TotalLiabilitiesGrp/BOYAmt024629
IRS990/TotalLiabilitiesGrp/EOYAmt033618
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01513822
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01481207
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0301101
IRS990/TotalProgramServiceRevenueAmt0176954
IRS990/TotalReportableCompFromOrgAmt084612
IRS990/TotalRevenueGrp/ExclusionAmt018405
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0176954
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0195359
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01538451
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01514825
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010395 W COLFAX AVE NO 210
IRS990/USAddress/CityNm0LAKEWOOD
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080215
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.DENVERMUSICIANS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL ALLEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/COO
ReturnHeader/BusinessOfficerGrp/PhoneNum03035731717
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DENVER MUSICIANS ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LOCAL 20-623
ReturnHeader/Filer/BusinessNameControlTxt0DENV
ReturnHeader/Filer/EIN0840187630
ReturnHeader/Filer/PhoneNum03035731717
ReturnHeader/Filer/USAddress/AddressLine1Txt010395 W COLFAX AVE NO 210
ReturnHeader/Filer/USAddress/CityNm0LAKEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080215
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455297192
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RYAN GUNSAULS & O'DONNELL LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05590 E YALE AVE SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080222
ReturnHeader/PreparerPersonGrp/PhoneNum03037585558
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH B MOORE CPA MTX
ReturnHeader/ReturnTs02021-11-15T16:16:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALLEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.06$1.58$0.34$0.33$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.03$1.47$0.33$0.32$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.03$1.33$0.36$0.34$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.03$1.52$0.34$0.36$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.03$1.48$0.20$0.30$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.02$1.51$0.32$0.37$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.03$1.39$0.30$0.31$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.05$1.56$0.35$0.43$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.03$1.49$0.25$0.34$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.01$1.54$1.55$0.36$1.19
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$0.22$0.28$0.06
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.04$0.42$0.20$0.31$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.04$0.51$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.04$0.57$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.03$0.70$0.27