Civic Intelligence

Peace Through Music Foundation

EIN 87-1604554 • 501(c)3 • Eastsound, WA

Profile

The peace through music foundation is building a network that connects people with instruments, teachers, and events that prioritize music as a meditation and catalyst for peace.we support outside individuals and collectives who are aligned with this mission through education

PO Box 73Eastsound, WA 98245

www.peacethroughmusic.foundation

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.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

90th percentile

51%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$6,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 28.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

$10,934

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$10,934

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin90th percentile

Revenue

$21,309

No earlier filing loaded for comparison.

Expenses

$10,375

No earlier filing loaded for comparison.

Net Income

$10,934

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15K$10K$5.0K$0Assets 2021: $10,934Liabilities 2021: $0Net Assets 2021: $10,9342021

Highlighted filing

2021

Assets$10,934
Liabilities$0
Net Assets$10,934
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0Revenue 2021: $21,309Expenses 2021: $10,375Net Income 2021: $10,9342021

Highlighted filing

2021

Revenue$21,309
Expenses$10,375
Net Income$10,934
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,934
Liabilities
$0
Net assets
$10,934
Revenue
$21,309
Expenses
$10,375
Net income
$10,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$21.3$10.4$10.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Dec 31, 2021
Signed
Feb 16, 2022
Return Version
2021v4.1
Gross Receipts
$21,309
Mission and Program Overview

Mission

The peace through music foundation is building a network that connects people with instruments, teachers, and events that prioritize music as a meditation and catalyst for peace.we support outside individuals and collectives who are aligned with this mission through education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$5,704-
Cap Stk Tr Prin Current Funds-$5,704-
Rtn Earn Endowment Incm Other Fnds-$5,230-
Total Assets$0$10,934▲ $10,934
Other Assets Total-$5,230-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$10,934▲ $10,934
Total Liabilities and Net Assets / Fund Balance$0$10,934▲ $10,934

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,878--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Burke MulvanyOfficerFT$6,000$6,000
Revenue and Support

Revenue Composition

Contributions and Grants
$20,000
Program Service Revenue
$1,309
Investment Income
$0
Other Revenue
$0
All Other Contributions
$20,000
Change in Net Assets
$10,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,354
Salaries, Compensation, and Employee Benefits$4,021
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-$4,021-$4,021
Other Expenses$990$1,711-$990
Office Expenses-$471-$471
Fees for Services Legal-$389-$389
All Other Expenses-$275-$275
Advertising-$111-$111
Total Functional Expenses$3,390$6,985$0$10,375
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Copy of return was presented to the board, of which burke mulvanoy is currently the only member, before filing”

CEO executive director top management comp Part VI line 15A

“Accounting firm evaluated the estimated time, energy, qualifications and effort put in by the ceo/officer of the peace through music in order to determine a fair wage, and then calculated what the nonprofit could afford monthly to compensate for said effort, time and energy”

Other officer or key employee compensation Part VI line 15B

“No other officers exist in the company, but if they did then it would be calculated fairly through an outside accounting firm”

Governing documents etc available to public Part VI line 19

“A copy of the return will be made public, upon request. No other documents will be made public unless required for a related business reason”

Filing and Contact Details

Filer

Filer Name
Peace Through Music Foundation
EIN
87-1604554
Address
PO BOX 73, Eastsound, WA 98245

Signing Officer

Name
Burke Mulvany
Title
Officer
Phone
3607391623
Signed
2022-02-16
Discuss with paid preparer
No

Organization Details

Formed
2021
Legal Domicile
Wa
Voting Board Members
1
Independent Board Members
0
Employees
1

Preparer

Firm
Avid Accounting and Tax LLC
Address
485 PRUNE ALLEY SUITE 4, Eastsound, WA 98245
Preparer
Jazmin Cicotti
Phone
3603173207
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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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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DRUM
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