Civic Intelligence

The Naras Foundation

990 • Fiscal year 2012 • EIN 95-3199223

Aug 01, 2011 to Jul 31, 2012

Organization ProfileWWW.GRAMMY.COM/GRAMMY_FOUNDATION
Santa Monica, CA
Siviq Scores

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

Liabilities / Assets

56th percentile

0.27x

Higher debt load relative to assets than 56% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

64th percentile

0.38x

Higher debt load relative to revenue than 64% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Net Margin

30th percentile

-2.9%

Higher net margin than 30% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

54th percentile

2.4%

Faster asset growth than 54% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

36th percentile

-2.4%

Faster revenue growth than 36% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$5,813,681

Up $136,683 (+2.4%) from 2011

Net Assets

Down

$4,262,809

Down $73,933 (-1.7%) from 2011

Liabilities

Up

$1,550,872

Up $210,616 (+16%) from 2011

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin30th percentile

Revenue

Down

$4,036,014

Down $97,767 (-2.4%) from 2011

Expenses

Up

$4,154,388

Up $68,620 (+1.7%) from 2011

Net Income

Down

-$118,374

Down $166,387 (-347%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,676,998Liabilities 2011: $1,340,256Net Assets 2011: $4,336,7422011Assets 2012: $5,813,681Liabilities 2012: $1,550,872Net Assets 2012: $4,262,8092012Assets 2013: $6,547,498Liabilities 2013: $1,799,644Net Assets 2013: $4,747,8542013Assets 2014: $6,840,948Liabilities 2014: $1,459,461Net Assets 2014: $5,381,4872014Assets 2015: $7,159,200Liabilities 2015: $1,550,369Net Assets 2015: $5,608,8312015Assets 2016: $7,575,511Liabilities 2016: $1,757,232Net Assets 2016: $5,818,2792016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2012

Assets$5,813,681
Liabilities$1,550,872
Net Assets$4,262,809
Open 2012 Filing

Operations Trend

Revenue Growth36th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,133,781Expenses 2011: $4,085,768Net Income 2011: $48,0132011Revenue 2012: $4,036,014Expenses 2012: $4,154,388Net Income 2012: -$118,3742012Revenue 2013: $4,761,297Expenses 2013: $4,756,355Net Income 2013: $4,9422013Revenue 2014: $5,272,601Expenses 2014: $4,902,035Net Income 2014: $370,5662014Revenue 2015: $5,478,156Expenses 2015: $4,990,591Net Income 2015: $487,5652015Revenue 2016: $5,626,676Expenses 2016: $5,219,482Net Income 2016: $407,1942016Revenue 2017: $2,948,418Expenses 2017: $2,386,584Net Income 2017: $561,8342017

Highlighted filing

2012

Revenue$4,036,014
Expenses$4,154,388
Net Income-$118,374
Open 2012 Filing
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2017)
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Filing Snapshot
Filing Period
Aug 1, 2011 to Jul 31, 2012
Mission and Program Overview

Mission

The naras foundation (the foundation, dba grammy foundation) was established by naras to support its educational and preservation-related charitable goals. The foundation was incorporated in 1988 to cultivate the understanding, appreciation, and advancement of the contribution of recorded music on american culture - from the artistic and technical legends of the past to the still unimagined musical breakthroughs of the future generations of music professionals. The foundation accomplishes this mission through programs and activities that engage the music industry and cultural community, as well as the general public. The foundation works in partnership year-round with naras and its regional offices to bring national attention to important issues, such as the value and impact of music and arts education, and the urgency of preserving our rich cultural heritage.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$5,813,681
Liabilities
$1,550,872
Net assets
$4,262,809
Revenue
$4,036,014
Expenses
$4,154,388
Net income
-$118,374
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.95$2.39$0.56
2016Detailed filing. Detailed filing data is available for this year.$7.58$1.76$5.82$5.63$5.22$0.41
2015Detailed filing. Detailed filing data is available for this year.$7.16$1.55$5.61$5.48$4.99$0.49
2014Summary only. Only limited summary data is available for this year.$6.84$1.46$5.38$5.27$4.90$0.37
2013Summary only. Only limited summary data is available for this year.$6.55$1.80$4.75$4.76$4.76$0.00
2012Summary only. Only limited summary data is available for this year.$5.81$1.55$4.26$4.04$4.15$0.12
2011Summary only. Only limited summary data is available for this year.$5.68$1.34$4.34$4.13$4.09$0.05