Msq Enterprises INC

Tax-deductible

Bronx, NY501(c)(3)EIN 13-2947410

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Presentation of performances of public concerts and music workshops

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$78K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $27K a year · 11% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$78K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$249K
+1% vs prior year
Spent
$287K
To programs
97%
Net assets
$138K
By yearFY2021–FY2025
Revenue
$249K
FY2025▲ +1%
Revenue by fiscal year
FY2021$20K
FY2022$192K
FY2023$249K
FY2024$246K
FY2025$249K
Expenses
$287K
FY2025▲ +49%
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023$184K
FY2024$193K
FY2025$287K
Net assets
$138K
FY2025▼ -21%
Net assets by fiscal year
FY2021−$50K
FY2022$57K
FY2023$121K
FY2024$175K
FY2025$138K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $278K Management & general 3% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $78K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$19,375Pt VII · Sec A
Treasurer
$19,375Pt VII · Sec A
$19,375Pt VII · Sec A
Vice President
$19,375Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Curtis Macomber$19,375$13,649$14,189$4,732$18,007
Chris Finckel$19,375$13,650$14,189$4,731$18,007
Marka Gustavsson$19,375$13,649$14,189$4,732$18,006
Sunghae Lim$19,375$13,650$14,189$4,731$18,006

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Presents public concerts and music workshops.

Provided by the organization

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1 program · $278K · in their own filed words · FY2024
01

Presentation of performance of public concerts and music workshops

$278Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$249K
Ln 12
Fees for servicesLn 2g$239K
Gifts and grantsLn 1h$10K
Money outPt IX
$287K
Ln 25
Programscol B$278K
Managementcol C$9K
Owns and owesPt X
$138K
net assets · Ln 32
Cash and savingsLn 1–2$138K
Total assetsLn 16$138K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A4
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10K
Fees for servicesLn 2g$239K
Gains on assetsLn 7$0
Total revenueLn 12$249K
Assets in detailPt X, end of year
CashLn 1$138K
SavingsLn 2$0
Cash and savings togetherLn 1–2$138K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$138K
LiabilitiesLn 26$0
Net assetsLn 32$138K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$175K$138K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$175K$138K
LiabilitiesLn 26$0$0
Net assetsLn 32$175K$138K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$78K$70K$8K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$15K$15K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$11K$11K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$990$990
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$174K$174K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$536$536
Other expenses (24a–d)Ln 24$6K$6K
All other expensesLn 24e$688$503$185
Total functional expensesLn 25$287K$278K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $249K$287K−$37K$138K 990 PDF
FY2024 $246K$193K$54K$175K 990 PDF
FY2023 $249K$184K$65K$121K 990 PDF
FY2022 $192K$57K 990 PDF
FY2021 $20K−$50K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $249,178 across 9 lines filed
VIII-1f All other contributions, gifts and grants$10,062
VIII-1h Total contributions, gifts and grants$10,062
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $239,116$239,116
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $239,116$249,178
Part IX · Statement of functional expenses $286,538 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $69,750 · Management $7,750$77,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $14,547$14,547
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $11,228$11,228
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $990$990
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $1,165$1,165
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $173,620$173,620
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $536$536
IX-24 Other expenses (24a–d)Programs $6,264$6,264
IX-24e All other expensesPrograms $503 · Management $185$688
IX-25 Total functional expensesPrograms $277,613 · Management $8,925 · Fundraising $0$286,538
Part X · Balance sheet $137,644 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $175,004$137,644
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $175,004$137,644
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $175,004$137,644
X-32 Total net assets or fund balancesStart of year $175,004$137,644
X-33 Total liabilities and net assetsStart of year $175,004$137,644
Part XI · Reconciliation of net assets $137,644 net assets at year end
XI-1 Total revenue$249,178
XI-2 Total expenses$286,538
XI-3 Revenue less expenses−$37,360
XI-4 Net assets at start of year$175,004
XI-10 Net assets at end of year$137,644

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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