Civic Intelligence

Groupmuse Foundation Inc.

990EZ • Fiscal year 2023 • EIN 84-4651476

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 15, 2024

Organization Profilewww.groupmuse.org
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

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

490%

Faster asset growth than 97% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

141%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$49,813

Up $41,369 (+490%) from 2022

Net Assets

Up

$49,242

Up $40,798 (+483%) from 2022

Liabilities

$571

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin74th percentile

Revenue

Up

$163,710

Up $95,822 (+141%) from 2022

Expenses

Up

$122,912

Up $32,438 (+36%) from 2022

Net Income

Up

$40,798

Up $63,384 (+281%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

2023

Assets$49,813
Liabilities$571
Net Assets$49,242
Open 2023 Filing

Operations Trend

Revenue Growth90th percentile

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

2023

Revenue$163,710
Expenses$122,912
Net Income$40,798
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 15, 2024
Return Version
2023v5.1
Gross Receipts
$163,710
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
Financial support for 500+ musicians and 597 concerts-$60,923
Planetary Music Movement series featuring artists of African descent.-$30,139
Career support to musicians: Created new part-time administrative roles for 8 musicians on Musician Council, which generated $11,000 in additional musician income-$20,000
Compensation and Service Providers
Top Officer Pay77th percentile

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--
Vidya SridharDirector-$0--
Naoya KanaiDirector-$0--
Kofi HayfordDirector-$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
2024-10-15
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 $4463”

Other Expenses.1005

“Travel $632”

Other Expenses.1012

“Insurance $2787”

Other Expenses.1

“Musician Support & Payments $110142”

Other Expenses.2

“Fundraising Expenses $1213”

Other Expenses.3

“Musician Performance $680”

Other Expenses.4

“Supplies $240”

Total Liabilities.1

“Credit card payable - Beginning $0 Credit card payable - Ending $571”

Raw XML Appendix190 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/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0120157
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030139
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TotalRevenueAmt0163710
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $4463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $632
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2787
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Musician Support & Payments $110142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Fundraising Expenses $1213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Musician Performance $680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies $240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Credit card payable - Beginning $0 Credit card payable - Ending $571
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mosa Tsay
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Groupmuse Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0GROU
ReturnHeader/Filer/EIN0844651476
ReturnHeader/Filer/PhoneNum06463895310
ReturnHeader/Filer/USAddress/AddressLine1Txt0447 Broadway 2nd Floor 222
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010013
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472599659
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Chad Shultz CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01450 Flagler Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jacksonville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032207
ReturnHeader/PreparerPersonGrp/PhoneNum09044001238
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chad A Shultz
ReturnHeader/ReturnTs02024-10-15T09:55:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,813
Liabilities
$571
Net assets
$49,242
Revenue
$163,710
Expenses
$122,912
Net income
$40,798
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.04$1.32$2.33$1.47$0.86
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$1.64$1.23$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.68$0.90$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.30$1.13$1.33$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.94$0.44$0.49