Table Pounding Music Inc
Nonprofit profile at a glance
- EIN
- 931977795
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- New York, NY, USA
- Phone
- 6462943333
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $86,321
- Expenses
- $47,804
- Assets
- $38,517
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DAVID KRAKAUER (PRESIDENT)
People named in this filing
- DAVID KRAKAUER (PRESIDENT)
- KATHLEEN TAGG (TREASURER)
- SARA LANGBERT (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to foster dialogue and connection through the arts, serve as a cultural resource to different communities, and to develop, promote and sustain music and inter-disciplinary productions. This includes the creation of music that promotes cross-cultural and cross-generational dialogue, and initiatives to make it accessible to global audiences, whether through record releases, online platforms, or live performances around the world. It also includes educational initiatives/activities that foster and promote bridge-building and understanding between different communities through the arts.
What it reported doing in 2024
Touring musical projects: table pounding undertook four musical tours of different projects in 2024, reaching over 15 000 people through their public concerts on three separate projects. The good vibes explosion tour had 7 concerts, including live radio broadcast; traditions without borders had two separate tours with one show each; and krakauer & tagg had one concert as part of a New York residency.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 69
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.4%; rating input score 55
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 44.6%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 55.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $48K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.