Innerrhythms INC EIN 41-2063418

Innerrhythms INC FY2021 filing

EIN  41-2063418 Public charity (501(c)(3)) Truckee, CA Founded 2003
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers dance and performing arts education and awareness, creating a regional company to promote appreciation for dance.
Leadership
Elizabeth Archer · Board Treasu
Money in and out
$7K revenue, $1K expenses
Bottom line
0% program efficiency

Offers dance and performing arts education and awareness, creating a regional company to promote appreciation for dance. For fiscal year 2021 it reported $7K in revenue, $1K in expenses, and $14K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$7K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
20.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+81%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$7K
FY2021▼ -92%
Expenses
$1K
FY2021▼ -99%
Total assets
$14K
FY2021▲ +10%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$7K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$14K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

Provided dance and performing arts instruction and performances.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInnerrhythms INC
EINHdr · item D41-2063418
Principal addressHdr · item CTruckee, CA
WebsiteHdr · item Jwww.innerrhythms.org
Year of formationHdr · item L2003
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62)
Ruling yearIRS BMFAug 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Treasu
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A
Board Presid
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$5K · 72%
Other revenue$2K · 23%
Program service revenue$296 · 4%
Contributions & grants72%$5K
Other revenue23%$2K
Program service revenue4%$296
— government grantsLn 1e$5K
Total revenueLn 12$7K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$1K
Total functional expensesLn 25$1K

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$14K
Total liabilitiesLn 26$0
Total net assetsLn 32$14K
Months of cash on handcomputed20.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2K · Operating expenses/yr $1K
20.0 months
Where the money goes
Program services
Program services $0 · Total expenses $1K
0%
Management & General
Management & general $1K · Total expenses $1K
100%
Fundraising
Fundraising $0 · Total expenses $1K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $856 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $7K
72%
Government reliance
Government grants $5K · Total revenue $7K
72%
Earned-income share
Program service revenue $296 · Total revenue $7K
4%
Investment reliance
Investment income $0 · Total revenue $7K
0%
Program self-sufficiency
Program service revenue $296 · Total expenses $1K
22%
Growth & trend
Revenue growth (YoY)
This year $7K · Prior year $84K
-92%
Net-asset trend (YoY)
End of year $14K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7K · Expenses $1K
+81%
Liabilities-to-Assets
Total liabilities — · Total assets $14K
Net-asset ratio
Net assets $14K · Total assets $14K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $14K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Archer · Reported title BOARD TREASU · Highest reported compensation $0 · Total expenses $1K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%
Revenue growth -92%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$1K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$265K revenue · ⤓ 990 PDF
FY2023$127K revenue · ⤓ 990 PDF
FY2022$7K revenue · ⤓ 990 PDF
FY2021$7K revenue · viewing · ⤓ 990 PDF
FY2020$84K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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