Civic Intelligence

No Label Media Group Inc.

EIN 85-3688066 • 501(c)3 • East Hampton, NY

Pub. 78 EligibleNTEE A20

Profile

No Label is a nonprofit organization dedicated to breaking down socioeconomic barriers in the music industry through educational initiatives and professional development programs. Through innovative partnerships and comprehensive training, we empower underrepresented creators with essential music business knowledge, financial literacy, and mental health resources while fostering a more inclusive and equitable music industry ecosystem.

1 Buffalo PathEast Hampton, NY 11937

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

NTEE A20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.00x

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

NTEE A20 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A20 • <$500k nonprofits • Source year 2023

Asset Growth

15th percentile

-49%

Faster asset growth than 15% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

320%

Faster revenue growth than 96% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$43,264

Down $42,079 (-49%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$43,264

Down $42,079 (-49%) from 2022

Operations
Liabilities / Revenue60th percentileNet Margin21st percentile

Revenue

Up

$364,596

Up $277,745 (+320%) from 2022

Expenses

Up

$406,675

Up $369,140 (+983%) from 2022

Net Income

Down

-$42,079

Down $91,395 (-185%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2021: $36,027Liabilities 2021: $0Net Assets 2021: $36,0272021Assets 2022: $85,343Liabilities 2022: $0Net Assets 2022: $85,3432022Assets 2023: $43,264Liabilities 2023: $0Net Assets 2023: $43,2642023

Highlighted filing

2023

Assets$43,264
Liabilities$0
Net Assets$43,264
Open 2023 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2021: $279,855Expenses 2021: $243,828Net Income 2021: $36,0272021Revenue 2022: $86,851Expenses 2022: $37,535Net Income 2022: $49,3162022Revenue 2023: $364,596Expenses 2023: $406,675Net Income 2023: -$42,0792023

Highlighted filing

2023

Revenue$364,596
Expenses$406,675
Net Income-$42,079
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$43,264
Liabilities
$0
Net assets
$43,264
Revenue
$364,596
Expenses
$406,675
Net income
-$42,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$3.65$4.07$0.42
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.87$0.38$0.49
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$2.80$2.44$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Dec 6, 2024
Return Version
2023v5.1
Gross Receipts
$364,596
Mission and Program Overview

Mission

No Label is a nonprofit organization dedicated to breaking down socioeconomic barriers in the music industry through educational initiatives and professional development programs. Through innovative partnerships and comprehensive training, we empower underrepresented creators with essential music business knowledge, financial literacy, and mental health resources while fostering a more inclusive and equitable music industry ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,343$39,264▼ $46,079
Prepaid Expenses and Deferred Charges-$4,000-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$85,343$43,264▼ $42,079
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$85,343$43,264▼ $42,079
Total Net Assets Fund Balance$85,343$43,264▼ $42,079
Total Liabilities and Net Assets / Fund Balance$85,343$43,264▼ $42,079
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Miles WeddleTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$363,189
Program Service Revenue
$0
Investment Income
$1,407
Other Revenue
$0
All Other Contributions
$363,189
Change in Net Assets
$-42,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$406,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$106,292--$106,292
Fees for Services Accounting-$11,730-$11,730
Information Technology-$5,630-$5,630
Advertising-$3,410-$3,410
All Other Expenses-$1,946-$1,946
Other Expenses$262,102$1,368-$1,368
Total Functional Expenses$368,394$38,281$0$406,675
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
No Label Media Group Inc
EIN
85-3688066
Phone
6462483242
Address
1 Buffalo Path, East Hampton, NY 11937

Signing Officer

Name
Miles Weddle
Title
Trustee
Signed
2024-12-06
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Michael Sokolowski CPA PLLC
Address
3443 DeMott Ave, Wantagh, NY 11793
Preparer
Michael Sokolowski
Phone
5164570515
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