Civic Intelligence

Groupmuse Foundation Inc.

990EZ • Fiscal year 2022 • EIN 84-4651476

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 15, 2023

447 Broadway 2nd Floor 222New York, NY 10013

(646) 389-5310

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

15th percentile

-33%

Higher net margin than 15% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Asset Growth

5th percentile

-72%

Faster asset growth than 5% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-40%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$8,444

Down $21,626 (-72%) from 2021

Net Assets

Down

$8,444

Down $21,626 (-72%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$67,888

Down $45,474 (-40%) from 2021

Expenses

Down

$90,474

Down $42,082 (-32%) from 2021

Net Income

Down

-$22,586

Down $3,392 (-18%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $49,264Liabilities 2020: $0Net Assets 2020: $49,2642020Assets 2021: $30,070Net Assets 2021: $30,0702021Assets 2022: $8,444Net Assets 2022: $8,4442022Assets 2023: $49,813Liabilities 2023: $571Net Assets 2023: $49,2422023Assets 2024: $135,956Liabilities 2024: $3,930Net Assets 2024: $132,0262024

Highlighted filing

2022

Assets$8,444
Liabilities-
Net Assets$8,444

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $93,606Expenses 2020: $44,342Net Income 2020: $49,2642020Revenue 2021: $113,362Expenses 2021: $132,556Net Income 2021: -$19,1942021Revenue 2022: $67,888Expenses 2022: $90,474Net Income 2022: -$22,5862022Revenue 2023: $163,710Expenses 2023: $122,912Net Income 2023: $40,7982023Revenue 2024: $233,034Expenses 2024: $146,635Net Income 2024: $86,3992024

Highlighted filing

2022

Revenue$67,888
Expenses$90,474
Net Income-$22,586
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 15, 2023
Return Version
2022v5.0
Gross Receipts
$67,888
Mission and Program Overview

Mission

The purpose of the foundation is to support musicians impacted by COVID-19 and beyond, and increase diversity in classical music.

To expand classical music to be more inclusive and vibrant by empowering musicians through financial, technological, and career support.

Program Services

DescriptionGrantsExpenses
Technical support for 500+ musicians across 433 in-person concerts and 69 online concerts-$83,830
Planetary Music Movement series featuring artists of African descent-$14,647
Career support to musicians: Created new part-time administrative roles for 8 musicians on Musician Council, which generated $14,000 in additional musician income outside of performing-$12,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anjali BanthiaDirector-$0--
Samuel BodkinDirector-$0--
Helen BeekmanDirector-$0--
Eliot R JenkinsChairman-$0--
Adam LasnikSecretary-$0--
Benjamin LinderDirector-$0--
Steven PayneTreasurer-$0--
George SperaDirector-$0--
Adrian SilverDirector-$0--
Filing and Contact Details

Filer

Filer Name
Groupmuse Foundation Inc
EIN
84-4651476
Phone
6463895310
Address
447 Broadway 2nd Floor 222, New York, NY 10013

Signing Officer

Name
Mosa Tsay
Title
Executive Director
Signed
2023-09-15
Discuss with paid preparer
Yes

Preparer

Firm
Chad Shultz CPA PA
Address
1450 Flagler Ave, Jacksonville, FL 32207
Preparer
Chad A Shultz
Phone
9044001238
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $2939

Other Expenses.1012

Insurance $1704

Other Expenses.1

Musician Support & Payments $78503

Other Expenses.2

Musician Performance $2902

Other Expenses.3

Supplies $245

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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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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings