Civic Intelligence

Nova Music Production

EIN 93-3265036 • 501(c)3 • Cupertino, CA

Profile

Education for music, community development, provide the oppprtunity for training and support

10601 S DE Anza Blvd Ste 301Cupertino, CA 95014
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 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$100

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

83rd percentile

37%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

408%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$11,579

Up $3,154 (+37%) from 2023

Liabilities

Down

$0

Down $1,708 (-100%) from 2023

Net Assets

Up

$11,579

Up $4,862 (+72%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin86th percentile

Revenue

Up

$42,775

Up $34,350 (+408%) from 2023

Expenses

Up

$26,242

Up $24,534 (+1436%) from 2023

Net Income

Up

$16,533

Up $9,816 (+146%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth83rd percentile

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

$15K$10K$5.0K$0Assets 2023: $8,425Liabilities 2023: $1,708Net Assets 2023: $6,7172023Assets 2024: $11,579Liabilities 2024: $0Net Assets 2024: $11,5792024

Highlighted filing

2024

Assets$11,579
Liabilities$0
Net Assets$11,579
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$60K$40K$20K$0Revenue 2023: $8,425Expenses 2023: $1,708Net Income 2023: $6,7172023Revenue 2024: $42,775Expenses 2024: $26,242Net Income 2024: $16,5332024

Highlighted filing

2024

Revenue$42,775
Expenses$26,242
Net Income$16,533
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$11,579
Liabilities
$0
Net assets
$11,579
Revenue
$42,775
Expenses
$26,242
Net income
$16,533
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.00$11.6$42.8$26.2$16.5
2023Summary only. Only limited summary data is available for this year.$8.43$1.71$6.72$8.43$1.71$6.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.1
Gross Receipts
$42,775
Mission and Program Overview

Mission

Education for music, community development, provide the oppprtunity for training and support

Running a music school that offers lessons for all ages and levels conducting outreach programs at schools and community centers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,425$6,758▼ $1,667
Land, Buildings, and Equipment, Net-$4,821-
Total Assets$8,425$11,579▲ $3,154
Liabilities
Accounts Payable and Accrued Expenses$1,708--
Total Liabilities$1,708$0▼ $1,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,717$11,579▲ $4,862
Total Net Assets Fund Balance$6,717$11,579▲ $4,862
Total Liabilities and Net Assets / Fund Balance$8,425$11,579▲ $3,154

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,821$179$5,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Hsiao-chi ChenPresidentPT$100$100
Yu Han YehSecretary-$100$100
Revenue and Support

Revenue Composition

Contributions and Grants
$10,500
Program Service Revenue
$32,275
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$16,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$22,146
Other Expenses$4,096
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---$19,200
Payroll Taxes---$1,756
Office Expenses---$1,490
Other Expenses---$1,360
Comp Disqual Persons---$1,190
Fees for Services Accounting---$650
Payment Travel Entrtnmnt Publicly Ofcl---$382
Information Technology---$214
Total Functional Expenses$0$0$0$26,242
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bravo Conservatory of MusiCupertino, CA-Set Up Funding$10,500
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
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“HISAO-CHI CHEN”

Part VI Line 19

“BYLAWS”

Filing and Contact Details

Filer

Filer Name
Nova Music Production
EIN
93-3265036
In Care Of
% HSIAO-CHI CHEN
Phone
4083916893
Address
10601 S DE ANZA BLVD STE 301, CUPERTINO, CA 95014

Signing Officer

Name
Hsiao-chi Chen
Title
President
Phone
4083916893
Signed
2025-05-16

Organization Details

Principal Officer
Hsiaochi Chen
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
9
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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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