Present Music INC FY2022 filing

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Present Music engages artists and audiences in imaginative and provocative experiences with new Music through ensemble performance, education and commissioning.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
5 of 6
filings with a surplus
Average surplus $12K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $271K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$34K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$495K
+96% vs prior year
Spent
$462K
To programs
80%
Net assets
$251K
By yearFY2020–FY2025
Revenue
$495K
FY2022▲ +96%
Tap a bar for its year
Revenue by fiscal year
FY2020$257K
FY2021$253K
FY2022$495K
FY2023$588K
FY2024$654K
FY2025$727K
Expenses
$462K
FY2022▲ +85%
Tap a bar for its year
Expenses by fiscal year
FY2020$235K
FY2021$249K
FY2022$462K
FY2023$641K
FY2024$650K
FY2025$665K
Net assets
$251K
FY2022▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$211K
FY2021$226K
FY2022$251K
FY2023$199K
FY2024$207K
FY2025$277K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1983.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $371K Management & general 14% · $66K Fundraising 6% · $26K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Marta Troicki’s $59K as Managing Director is at the 53rd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Marta Troicki$58,581——
Martin Butorac—$3,000$9,950

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.

See Present Music INC executive salaries →

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 15aYes

Programs and updates

Presents new music through performances, education, and commissions, creating imaginative experiences.

Questions for Present Music INC

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1 program · $371K · in their own filed words · FY2021
01

Present music engages artists and audiences in imaginative and provocative experiences with new music through ensemble performance and education. Expenses for performing the concerts at various locations including schools, community centers and others.

$371Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$495K
Ln 12
Gifts and grantsLn 1h$379K
Fees for servicesLn 2g$113K
Investment incomeLn 3$2K
Money outPt IX
$462K
Ln 25
Programscol B$371K
Managementcol C$66K
Fundraisingcol D$26K
Owns and owesPt X
$251K
net assets · Ln 32
Cash and savingsLn 1–2$135K
Total assetsLn 16$284K
LiabilitiesLn 26$34K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$379K
Government grantsLn 1e$54K
Fees for servicesLn 2g$113K
Investment incomeLn 3$2K
Total revenueLn 12$495K
Assets in detailPt X, end of year
CashLn 1$77K
SavingsLn 2$58K
Cash and savings togetherLn 1–2$135K
InvestmentsLn 11–13$57K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$284K
LiabilitiesLn 26$34K
Net assetsLn 32$251K
OperationsPt I, VI
EmployeesI 55
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY22FY21FY20FY19FY18
End of yearLn 1g$57K$64K$51K$52K$53K
Given inLn 1b$2K
SpentLn 1d–1f$2K$1K$1K$1K$1K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$171K$135K
InvestmentsLn 11–13$64K$57K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$239K$284K
LiabilitiesLn 26$13K$34K
Net assetsLn 32$226K$251K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$130K$76K$39K$16K
Payroll taxesLn 10$12K$7K$3K$1K
Accounting feesLn 11c$13K$0$13K$0
Advertising and promotionLn 12$22K$22K$0$0
Office expensesLn 13$13K$3K$4K$5K
OccupancyLn 16$5K$3K$3K$0
InsuranceLn 23$881$485$358$38
Other expenses (24a–d)Ln 24$202K$196K$3K$3K
All other expensesLn 24e$64K$64K$0$0
Total functional expensesLn 25$462K$371K$66K$26K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 28, 2026 $727K$665K$62K$277K 990 PDF
FY2024Filed with the IRS Mar 4, 2025 $654K$650K$4K$207K 990 PDF
FY2023Filed with the IRS Jan 30, 2024 $588K$641K−$53K$199K 990 PDF
FY2022 ViewingFiled with the IRS Feb 4, 2023 $495K$462K$32K$251K 990 PDF
FY2021Filed with the IRS Mar 22, 2022 $253K$249K$3K$226K 990 PDF
FY2020Filed with the IRS May 13, 2021 $257K$235K$21K$211K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $494,577 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $229,245$379,235
I-9 Program service revenuePrior year $20,396$113,126
I-10 Investment incomePrior year $3,265$2,216
I-11 Other revenue$0
I-12 Total revenuePrior year $252,906$494,577
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $44,890$142,038
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $204,587$320,263
I-18 Total expensesPrior year $249,477$462,301
I-19 Revenue less expensesPrior year $3,429$32,276
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $494,577 across 7 lines filed
VIII-1a Federated campaigns$95,889
VIII-1e Government grants$53,512
VIII-1f All other contributions, gifts and grants$229,834
VIII-1h Total contributions, gifts and grants$379,235
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$113,126
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $2,216$2,216
VIII-12 Total revenueRelated to mission $113,126 · Unrelated business $0 · Excluded from tax $2,216$494,577
Part IX · Statement of functional expenses $462,301 across 9 lines filed
IX-7 Other salaries and wagesPrograms $75,848 · Management $38,777 · Fundraising $15,735$130,360
IX-10 Payroll taxesPrograms $6,825 · Management $3,450 · Fundraising $1,403$11,678
IX-11c Accounting feesPrograms $0 · Management $13,152 · Fundraising $0$13,152
IX-12 Advertising and promotionPrograms $22,476 · Management $0 · Fundraising $0$22,476
IX-13 Office expensesPrograms $3,290 · Management $4,188 · Fundraising $5,491$12,969
IX-16 OccupancyPrograms $2,700 · Management $2,700 · Fundraising $0$5,400
IX-23 InsurancePrograms $485 · Management $358 · Fundraising $38$881
IX-24 Other expenses (24a–d)Programs $195,738 · Management $2,950 · Fundraising $2,954$201,642
IX-24e All other expensesPrograms $63,743 · Management $0 · Fundraising $0$63,743
IX-25 Total functional expensesPrograms $371,105 · Management $65,575 · Fundraising $25,621$462,301
Part X · Balance sheet $284,420 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $112,344$76,822
X-2 Savings and temporary cash investmentsStart of year $58,189$58,195
X-3 Pledges and grants receivableStart of year $3,237$54,396
X-4 Accounts receivable$30,920
X-9 Prepaid expenses and deferred chargesStart of year $613$6,938
X-10c Land, buildings and equipment, netStart of year $0$0
X-13 Program-related investmentsStart of year $64,167$57,149
X-16 Total assetsStart of year $238,550$284,420
X-17 Accounts payable and accrued expensesStart of year $12,584$33,866
X-26 Total liabilitiesStart of year $12,584$33,866
X-27 Net assets without donor restrictionsStart of year $145,562$154,215
X-28 Net assets with donor restrictionsStart of year $80,404$96,339
X-32 Total net assets or fund balancesStart of year $225,966$250,554
X-33 Total liabilities and net assetsStart of year $238,550$284,420
Part XI · Reconciliation of net assets $250,554 net assets at year end
XI-1 Total revenue$494,577
XI-2 Total expenses$462,301
XI-3 Revenue less expenses$32,276
XI-4 Net assets at start of year$225,966
XI-5 Net unrealized gains (losses) on investments−$7,688
XI-10 Net assets at end of year$250,554

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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