Musica Viva Inc in New York, New York (NY)

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Musica Viva Inc
Employer Identification Number (EIN)133677082
Name of OrganizationMusica Viva Inc
Address1157 Lexington Ave, New York, NY 10075-0440
ActivitiesSupplying money, goods or services to the poor, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date10/1992
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$49,392
Amount of Income$174,917
Form 990 Revenue Amount$174,917
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other:


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Amount of income in 2014: $174,917 (it was $129,016 in 2013)
Musica Viva Inc: 

 $174,917
Other organizations performing similar types of work: 

 $67,878

Assets in 2014: $49,392 (it was $83,152 in 2013)
This organization: 

 $49,392
Other organizations performing similar types of work: 

 $64,534

Expenses in 2014: $215,611
This organization: 

 $215,611
Other organizations performing similar types of work: 

 $83,219

Income to expenses ratio in 2014: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2014: 79.6%
Musica Viva Inc: 

 79.6%
Other organizations performing similar types of work: 

 69.7%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$129,016$174,917
Contributions, gifts, grants, and similar amounts received$96,049$139,292
Program service revenue including government fees and contracts$30,517$33,471
Membership dues and assessments$0$0
Investment income$2,450$2,154
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$134,086$215,611
Total net assets$82,323$48,464
Excess/Deficit for the year$-5,070$-40,694
Net assets or fund balances at beginning of year$81,634$82,323
Other changes in net assets or fund balances$5,759$6,835
Net assets or fund balances at end of year$82,323$48,464
Balance Sheets
201220132014
Total assets$84,599$83,152$49,392
Total liabilities$2,965$829$928
Net assets or fund balances$82,323$48,464
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$651,192
Subtotal Support$651,192
Gifts, grants, contributions, and membership fees received$651,192
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$651,192
Public Support$651,192
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Transitional Housing Services IncPO BOX 249, Mount Holly, NJ 08060-0249NJ1998-12$2,346,687
2United Way Of Green County Inc1717 10th St, Monroe, WI 53566-1828WI1957-08$393,667
3Wurster Family Foundation, Wurster W H & Jdw & Jwp & Wgw TteeThree Radnor Corporate Center, Radnor, PA 19087-4516PA1998-02$328,151
4Northwest Credit Union Foundation18000 International Blvd Ste 350, Seatac, WA 98188-4260WA1997-04$315,598
5Seeds Of Hope Inc702 E Cottonwood Ln, Casa Grande, AZ 85122-2703AZ1997-09$300,384
6Ansie Usa Inc44 W 18th St Fl 6, New York, NY 10011-4643NY1992-05$225,059
7Organization For International Development739 E 230th St, Bronx, NY 10466-4103NY1993-12$221,586
8Ventura County Rainbow Alliance, Gay & Lesbian Community CenterPO BOX 6844, Ventura, CA 93006-6844CA1994-07$177,813
9Musica Viva Inc1157 Lexington Ave, New York, NY 10075-0440NY1992-10$174,917
10Second Chance Last Opportunity IncPO BOX 1027, Sarasota, FL 34230-1027FL1998-11$163,802
11Simi Valley Cultural Arts Center Foundation2828 Cochran St Ste 196, Simi Valley, CA 93065-2780CA1996-06$99,141
12Andrew J Feldman FoundationC/O Berdon Llp 360 Madison Avenue, New York, NY 10017NY1996-08$70,212
13Washington State Quality AwardPO BOX 3219, Kent, WA 98064WA1995-10$67,878
14Spirit In ActionPO BOX 3384, Santa Cruz, CA 95063-3384CA1997-01$56,276
15Have A Heart Foundation Of Staten Island Inc112 Sheraden Ave, Staten Island, NY 10314-4448NY1998-10$56,055
16Foundation For Safe Boating And Marine Info Inc2125 E 15th St, Brooklyn, NY 11229-4314NY1994-12$45,593
17Charles Schwartz Foundation For MusicC/O Ellen Anzovino 269 Sycamore, West Hempstead, NY 11552NY1992-03$41,040
18Charlotteville People International IncPO BOX 238, New York, NY 10009-0238NY1996-09$0
19Hunger Relief Through The Arts Foundation Inc394 Forest Ave, Locust Valley, NY 11560-2121NY1998-01$0
20International Voluntary Aid Inc507 Whittier Ave, Plainedge, NY 11756-5638NY1997-03$0
Number of organizations performing similar types of work
Arizona3
California19
Colorado1
Connecticut1
District of Columbia2
Florida4
Georgia3
Iowa1
Illinois6
Indiana2
Massachusetts4
Maryland1
Maine2
Michigan3
Minnesota1
North Dakota1
New Hampshire1
New Jersey4
New Mexico1
New York10
Ohio4
Oklahoma2
Pennsylvania2
South Carolina1
Texas2
Utah1
Virginia2
Vermont1
Washington6
Wisconsin2
Total93

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