Civic Intelligence

Ascent Music

990EZ • Fiscal year 2022 • EIN 87-3843803

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

Organization ProfileASCENTMUSIC.ORG
3969 Rose Hill AveCincinnati, OH 45229

(513) 443-2842

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

53rd percentile

6.6%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

1061700%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

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

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$10,618

Up $10,617 (+1061700%) from 2021

Net Assets

Up

$10,618

Up $10,618 from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin53rd percentile

Revenue

Up

$161,236

Up $161,236 from 2021

Expenses

Up

$150,618

Up $150,618 from 2021

Net Income

Up

$10,618

Up $10,618 from 2021

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$100K$50K$0Assets 2021: $1Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $10,618Liabilities 2022: $0Net Assets 2022: $10,6182022Assets 2023: $22,916Liabilities 2023: $0Net Assets 2023: $22,9162023Assets 2024: $95,889Liabilities 2024: $0Net Assets 2024: $95,8892024

Highlighted filing

2022

Assets$10,618
Liabilities$0
Net Assets$10,618
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $161,236Expenses 2022: $150,618Net Income 2022: $10,6182022Revenue 2023: $230,048Expenses 2023: $217,750Net Income 2023: $12,2982023Revenue 2024: $302,165Expenses 2024: $229,192Net Income 2024: $72,9732024

Highlighted filing

2022

Revenue$161,236
Expenses$150,618
Net Income$10,618
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$161,236
Mission and Program Overview

Mission

To provide opportunites for young musici

Program Services

DescriptionGrantsExpenses
TO PROVIDE A DIVERSE COMMUNITY OF YOUNG MUSICIANS WITH EDUCATIONAL OPPORTUNITIES IN SOLO AND CHAMBER MUSIC TO BECOME PERFORMERS, EDUCATORS, LEADERS, AND SUPPORTERS OF THE FUTURE OF-$150,617
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARAH KIMPresident-$0--
RICTOR NORENSecretary-$0--
MARGARET CHAMPIONTreasurer-$0--
ROHAN PATELBoard Member-$0--
MANISHA PATELBoard Member-$0--
MICHAEL CURRANBoard Member-$0--
GARY STEVENSBoard Member-$0--
ALAN RAFFERTYArtistic Director-$0--
Filing and Contact Details

Filer

Filer Name
Ascent Music
EIN
87-3843803
Address
3969 ROSE HILL AVE, CINCINNATI, OH 45229

Signing Officer

Name
Alan Rafferty
Title
Artistic Direct
Phone
5134432842
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Fermann Staun and Co LLC
Address
4449 Mt Carmel Tobasco Rd, Cincinnati, OH 45244
Preparer
David M Fermann CPA
Phone
5135281324
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountadvertising 1,344office 9,605supplies 1,082travel 674misc 35vehicle 7meals 2,993”

Raw XML Appendix162 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MARGARET CHAMPION
IRS990EZ/BooksInCareOfDetail/PhoneNum05134432842
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03969 ROSE HILL AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045229
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010618
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt052600
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010618
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010618
IRS990EZ/GrossReceiptsAmt0161236
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010618
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010618
IRS990EZ/OccupancyRentUtltsAndMaintAmt08027
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SARAH KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICTOR NOREN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARGARET CHAMPION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROHAN PATEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MANISHA PATEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL CURRAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6GARY STEVENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ALAN RAFFERTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7ARTISTIC DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt015740
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE OPPORTUNITES FOR YOUNG MUSICI
IRS990EZ/ProgramServiceRevenueAmt0108636
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A DIVERSE COMMUNITY OF YOUNG MUSICIANS WITH EDUCATIONAL OPPORTUNITIES IN SOLO AND CHAMBER MUSIC TO BECOME PERFORMERS, EDUCATORS, LEADERS, AND SUPPORTERS OF THE FUTURE OF
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0150617
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0126401
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0150618
IRS990EZ/TotalProgramServiceExpensesAmt0150617
IRS990EZ/TotalRevenueAmt0161236
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://ASCENTMUSIC.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt052600
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.03060
IRS990ScheduleA/PublicSupportTotal170Amt01608
IRS990ScheduleA/SubstantialContributorsTotAmt050992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt052600
IRS990ScheduleA/TotalSupportAmt052600
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTADVERTISING 1,344OFFICE 9,605SUPPLIES 1,082TRAVEL 674MISC 35VEHICLE 7MEALS 2,993
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALAN RAFFERTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ARTISTIC DIRECT
ReturnHeader/BusinessOfficerGrp/PhoneNum05134432842
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASCENT MUSIC
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0873843803
ReturnHeader/Filer/USAddress/AddressLine1Txt03969 ROSE HILL AVE
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045229
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205767632
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fermann Staun and Co LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04449 Mt Carmel Tobasco Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cincinnati
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045244
ReturnHeader/PreparerPersonGrp/PhoneNum05135281324
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David M Fermann CPA
ReturnHeader/ReturnTs02023-11-15T17:05:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAFFERTY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,618
Liabilities
$0
Net assets
$10,618
Revenue
$161,236
Expenses
$150,618
Net income
$10,618
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$3.02$2.29$0.73
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$2.30$2.18$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$1.61$1.51$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits