Kuumunity Collaborations Incorporated

Nonprofit profile at a glance

EIN
474550760
IRS 990-EZ coverage
2015–2016
Forms available
Form 990-EZ 2016
Location
Cambridge, MA, USA
Phone
6176787821
Rating confidence
Limited
Sector
Labor Unions

Reported finances

Revenue
$-634
Expenses
$546
Assets
$1,766
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Sheldon Reid (President/Director)

People named in this filing

  • Sheldon Reid (President/Director)
  • Haven Jones (Chairperson)
  • Andrew Innocent (Treasurer/Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kuumunity Collaborations' purpose is fostering and investing in the development of the creative power and talents necessary for positive music to exist. We help individuals develop their artistic voices by: 1. Providing a supportive space through workshops, mentorship, and concerts for original works to be created, produced, performed, recorded and published 2. Establishing a fund through an annual benefit concert and additional fundraising methods to provide music fellowships, scholarships, internships, and lesson subsidies.

What it reported doing in 2016

FY2016 had a higher attendance to our annual benefit concert, We Lift Our Voice. Due to the fiscal year ending the month of the concert and using the cash method, expenses for the FY15 concert are included in this filing. This shows a loss, but in fact it was profitable both years.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -186.1%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 3.23; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 13.4% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -291.7% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -50.1% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.