Civic Intelligence

Icarus Quartet Inc.

990EZ • Fiscal year 2025 • EIN 85-0625317

Jul 01, 2024 to Jun 30, 2025 • Filed on Nov 12, 2025

Organization Profileicarusquartet.org
138 N Streeper StBaltimore, MD 21224

(610) 220-2917

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 2025

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2025

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

90th percentile

$28,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 27.6% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2025

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$64,074

Up $64,074 from 2023

Net Assets

Up

$64,075

Up $64,075 from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin72nd percentile

Revenue

Up

$103,373

Up $45,184 (+78%) from 2023

Expenses

Up

$85,769

Up $47,106 (+122%) from 2023

Net Income

Down

$17,604

Down $1,922 (-9.8%) from 2023

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80K$60K$40K$20K$0Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2025: $64,074Net Assets 2025: $64,0752025

Highlighted filing

2025

Assets$64,074
Liabilities-
Net Assets$64,075
Open 2025 Filing

Operations Trend

Revenue Growth80th percentile

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

$150K$100K$50K$0Revenue 2023: $58,189Expenses 2023: $38,663Net Income 2023: $19,5262023Revenue 2025: $103,373Expenses 2025: $85,769Net Income 2025: $17,6042025

Highlighted filing

2025

Revenue$103,373
Expenses$85,769
Net Income$17,604
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$103,373
Mission and Program Overview

Mission

icarus Quartet, Inc.s purpose is to promote culture and musical education. By creating immersive experiences that fuse the power of an orchestra with the intimacy of chamber music, icarus Quartet, Inc. welcomes the music of our time into the concert hall and delivers the best of classical music out to youth and the world of today.

Program Services

DescriptionGrantsExpenses
Wilderness Suite is a new evening length program involving music by composer Ruby Fulton, videos from eight video artists, all in response to geologic survey work by geologist Teresa Cavazos-Cohn about the Frank Church River of No Return Wilderness. The new work has been in production over the last few years, and will be premiered in February 2026, and will be subsequently toured by icarus Quartet in the coming season.$60,280$87,786
Concert touring, which is an integral part of the organization's mission, continues to be both a significant source of income and expense. In this season, icarus Quartet toured their new program, Bartok Reborn, extensively to venues such as Penn State University, Columbus State University, and others. icarus Quartet also collaborated with the Peabody Conservatory on a mixed ensemble project that responded to the poetry of an incarcerated person, entitled Songs from Inside.$14,963$32,011
iQ Tests is icarus Quartet's capstone educational program, focusing on a season-long collaboration with two scholar composers, culminating in the premiering and recording of two newly written works for the quartet. This program has become a staple call to scores program for young and emerging composers, giving them valuable collaborative experience, premiere concersts, and professionally produced recordings.-$6,914
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff SternExecutive Director And PercussionistPT$28,500-$28,500
Larry WengPianist, Director, And Treasurer-$0--
Matt KeownPercussionist, Director, And Secretary-$0--
Max HammondPianist And Director-$0--
Jason BergPresident-$0--
Farida HughesDirector And Vice President-$0--
Chris HughesDirector-$0--
Zane ForsheeDirector-$0--
Don JohnsDirector-$0--
Lisa KaplanDirector-$0--
Anna RoyzmanDirector-$0--
Filing and Contact Details

Filer

Filer Name
Icarus Quartet Inc
EIN
85-0625317
Address
138 N Streeper St, Baltimore, MD 21224

Signing Officer

Name
Larry Weng
Title
Treasurer
Signed
2025-11-12
Supplemental Narrative

Additional Explanations

Part I, Line 16

“Other expenses is currently encapsulating the quartet's travel, housing, and meal costs while on tour performing, and office supplies, materials, and equipment.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other expenses is currently encapsulating the quartet's travel, housing, and meal costs while on tour performing, and office supplies, materials, and equipment.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$64,074
Liabilities
-
Net assets
$64,075
Revenue
$103,373
Expenses
$85,769
Net income
$17,604
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.64$0.64$1.03$0.86$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.58$0.39$0.20