FURP.ORG / PUBLIC DATA EXPLORER

CHARLESTON ACADEMY OF MUSIC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CHARLESTON ACADEMY OF MUSIC (EIN 01-0739765)
Tax period
2024-08-01 to 2025-07-31
Filed
2026-06-15
IRS object ID
202601669349301680
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-15T16:11:59-05:00ReturnTs
Tax Period End2025-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205788602PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Glaser and Company LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11859 Summerville Ave Suite 800AddressLine1Txt
CityCharlestonCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29405ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010739765EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Charleston Academy of MusicBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHARBusinessNameControlTxt
Phone8438057794PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 22364AddressLine1Txt
CityCharlestonCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29413ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDr Irina PevznerPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone8438057794PhoneNum
Signature2026-06-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonErik Glaser CPAPreparerPersonNm
PTINP00724565PTIN
Phone8438490179PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDr Irina PevznerPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 22364AddressLine1Txt
CityCharlestonCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29413ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$513,398GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.charlestonacademyofmusic.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionThe Charleston Academy of Music is committed to providing access to exceptional music education, performance and community outreach to all, regardless of age, skill, gender, ethnicity or income.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers70TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$148,662PYContributionsGrantsAmt
CY Contributions Grants$86,382CYContributionsGrantsAmt
PY Program Service Revenue$386,340PYProgramServiceRevenueAmt
CY Program Service Revenue$404,466CYProgramServiceRevenueAmt
PY Investment Income$2,366PYInvestmentIncomeAmt
CY Investment Income$2,439CYInvestmentIncomeAmt
PY Other Revenue$1,505PYOtherRevenueAmt
CY Other Revenue$20,111CYOtherRevenueAmt
PY Total Revenue$538,873PYTotalRevenueAmt
CY Total Revenue$513,398CYTotalRevenueAmt
PY Grants And Similar Paid$7,600PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,400CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$123,209PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$152,135CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$35,432CYTotalFundraisingExpenseAmt
PY Other Expenses$304,158PYOtherExpensesAmt
CY Other Expenses$319,981CYOtherExpensesAmt
PY Total Expenses$434,967PYTotalExpensesAmt
CY Total Expenses$478,516CYTotalExpensesAmt
PY Revenues Less Expenses$103,906PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$34,882CYRevenuesLessExpensesAmt
Total Assets BOY$521,969TotalAssetsBOYAmt
Total Assets EOY$876,544TotalAssetsEOYAmt
Total Liabilities BOY$8,565TotalLiabilitiesBOYAmt
Total Liabilities EOY$328,258TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$513,404NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$548,286NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Charleston Academy of Music is committed to providing access to exceptional music education, performance and community outreach to all, regardless of age, skill, gender, ethnicity or income.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$372,947ExpenseAmt
Grant$6,400GrantAmt
Revenue$404,466RevenueAmt
DescThe Academic Program provides a complete music education of the highest quality to prepare students for professional careers as musicians, music educators, and lifelong advocates of classical music. Students of the Academic Program may choose to receive musical instruction in piano, jazz piano, voice, violin, viola, organ, trumpet, cello, classical guitar, jazz guitar, flute, clarinet, saxophone, and harp. Musical instruction includes private lessons and various classes, such as Theory, Ear Training, Composition, Masterclasses and Performance Classes, as well as String Ensembles and Guitar Orchestra. All students will have many performance opportunities throughout each semester.The program has approximately 250 students drawn from the local area. The program was conducted by 22 experienced music teachers and divided into Fall and Spring semester with the optional summer semester. The length of the program is generally 30 weeks lessons and classes. The Academy's early childhood music program continued to implement the world-renowned Music Together method in which groups of mixed-age students (0-5 years old) are led by a specially trained teacher to develop children's natural musical instincts and skills necessary for the later study of instrument or voice. These classes are structured in three 10-week semesters and are offered at both downtown and Mt. Pleasant locations. In March 2025 Charleston Academy of Music has purchased the space for operating in the North Mount Pleasant area, and is planning to transfer the current rented space to the new location in July 2027The Suzuki program for 4-year-old string players has grown to consistent weekly lessons and group classes as more students enrolled. Theory and Composition Classes have continued in online format. These are open to all students who are encouraged to attend one of these two theory classes: Theory and Ear Training - This class is a fun and interactiveclass suitable for beginners and intermediate level. Students of all instruments, including voice. No previous experience is necessary for the beginner level class; students move to intermediate level based oninstructor's recommendation. Composition and Songwriting - This class is for the students to learn to utilize their musical knowledge and instrumental skills to produce their own compositions. To attend this class, note reading ability and basic theory knowledge are required. Scholarship Program: The organization's scholarship program is designed for students who are seriously committed to the musical training. The scholarships are divided into merit based and financial need-based awards.Students can apply for the program by filling out required paperwork, write a personal statement, and provide a letter of recommendation from a teacher. Applicants must audition and/or pass interview to be consideredfor an award. Upon the receipt of the scholarship, students sign the contract committing to certain hours of practice, regular lesson and concert attendance, and volunteer hours.Terranova Piano Trio: this ensemble consists of the core violin, piano, and cello faculty members and functions as Academy's trademark of excellent professional performing. It serves two purposes: inspire students and deliver classical music to our community. Terranova performs public concerts and conducts outreach concerts in public schools to help local music teachers enhance their curriculum.The Eclipse Ensemble of CAM (formerly the New Music Ensemble) is a group of Charleston Academy of Music faculty that specializes in a wide spectrum of classical music from the last 100 years, including conventional avant-garde art music, concert music from nontraditional sources (musical theatre, cabaret, historical and contemporary media), and music influenced by a variety of cultures and nationalities. It is instrumental in diversifying Charleston's music culture.Academy's popular concert series Rush Hour Concerts have continued with its 10th season. These concerts showcase the talented faculty of the Academy, with occasional guest artists, in an hour-long program. The series aim to make classical music more accessible to the community, perfect for all ages to attend in the early evening before heading home. Concerts are free and open to the public.The annual Charleston Sonatina Festival launched by the Academy in 2019 held its 5th run. The festival provides piano students and composers with an opportunity to explore and expand their skills in the Sonata/Sonatina genre, as well as to perform in a welcoming yet competitive environment. The abundance of sonatinas and sonatas in various levels and styles makes these pieces the ideal manifestation of musical breadth, thus allowing every aspiring pianist to experience complete musicianship. Charleston-area students are invited to participate in the festival in two areas: Piano Performance and Composition. Students are welcome to take part in one or both areas. Students in the Performance area audition with a movement of a sonatina or sonata, demonstrate technical requirements related to the key of their performed piece, and answer questions related to their piece and "sonata form". Students in the Composition area create a musical composition for solo piano and submit their work (along with a short-written explanation) for consideration by a professional panel.The Charleston Academy of Music continued its partnership with the Meeting Street Academy to offer the Kidzymphony program. Students in grades 2 through 5 received string instruments and were instructed twice a week by Academy's faculty to learn violin, viola, and cello in orchestra setting during school and after school hours. Classes were free of charge to the families and took place during school and after school hours. The program culminated in a successful school-wide performance in May. Additionally, this year the program added a keyboard class to broaden music education for the students in the afterschool program. The Academy's faculty and students were invited to perform at the Piccolo Spoleto festival. Several faculty members and specially selected honor students presented electrifying music program of various genres. Academy's Summer Music Fest Jr continued its successful season in July. Open to students ages 3-6 years old, this full day music enrichment camp consisted of group classes that included music fundamentals in the form of Music Together and Eurhythmics instruction, Piano, Violin, Viola, Cello, Guitar, Woodwinds, Harp Instrument Petting Zoo, Arts, and other activities. Students at the Charleston Academy of music celebrated many successes and achievements in their music study endeavors. They included SC Music Teachers Association state audition winners, numerous prizewinners at the Charleston Music Teacher Association Achievement Day, multiple Charleston Symphony Orchestra League scholarship recipients, Charleston Music Club scholarship recipients, to name a few.Desc
Total Program Service Expenses$372,947TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Irina PevznerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8438057794PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 22364AddressLine1Txt
CityCharlestonCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29413ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Ed Meyer
Chairman2.00Yes (X)Yes (X)$0$0$0
Andrea Patrick
Secretary1.00Yes (X)Yes (X)$0$0$0
Maria Cordova
Board Member1.00Yes (X)$0$0$0
Theresa Thomas
Board Member3.00Yes (X)$0$0$0
Dr Irina Pevzner
Executive Director40.00Yes (X)$62,264$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$62,264TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$28,114GovernmentGrantsAmt
All Other Contributions$58,268AllOtherContributionsAmt
Total Contributions$86,382TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition and fees611600$400,116$400,116
Faculty services611600$2,850$2,850
Sonatina Festival611600$1,500$1,500
FieldValueIRS element (for citing)
Total Program Service Revenue$404,466TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,439TotalRevenueColumnAmt
Exclusion$2,439ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$19,834RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$19,834RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,834TotalRevenueColumnAmt
Exclusion$19,834ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Business900099BusinessCd
Total Revenue Column$277TotalRevenueColumnAmt
Exclusion$277ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$277OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$513,398TotalRevenueColumnAmt
Related Or Exempt Func Income$404,466RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$22,550ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$6,400TotalAmt
Program Services$6,400ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$70,301TotalAmt
Program Services$46,399ProgramServicesAmt
Management And General$12,654ManagementAndGeneralAmt
Fundraising$11,248FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$68,912TotalAmt
Program Services$17,917ProgramServicesAmt
Management And General$35,145ManagementAndGeneralAmt
Fundraising$15,850FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$12,922TotalAmt
Program Services$5,970ProgramServicesAmt
Management And General$4,437ManagementAndGeneralAmt
Fundraising$2,515FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$184,613TotalAmt
Program Services$184,313ProgramServicesAmt
Management And General$300ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,863TotalAmt
Program Services$1,863ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,857TotalAmt
Program Services$7,653ProgramServicesAmt
Management And General$2,888ManagementAndGeneralAmt
Fundraising$1,316FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$668TotalAmt
Program Services$668ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$86,419TotalAmt
Program Services$75,984ProgramServicesAmt
Management And General$6,957ManagementAndGeneralAmt
Fundraising$3,478FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,403TotalAmt
Program Services$1,403ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$623TotalAmt
Program Services$623ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,660TotalAmt
Program Services$4,981ProgramServicesAmt
Management And General$679ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,536TotalAmt
Program Services$2,434ProgramServicesAmt
Management And General$7,077ManagementAndGeneralAmt
Fundraising$1,025FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Concerts and workshops$13,440$13,440
Instruments and materia$2,283$2,283
Camps$616$616

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$478,516TotalAmt
Program Services$372,947ProgramServicesAmt
Management And General$70,137ManagementAndGeneralAmt
Fundraising$35,432FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,460BOYAmt
EOY$18,981EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$457,872BOYAmt
EOY$369,289EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$48,008BOYAmt
EOY$61,133EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$446,172LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$19,031LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,629BOYAmt
EOY$427,141EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$521,969BOYAmt
EOY$876,544EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,565BOYAmt
EOY$6,190EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$318,750EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,318EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,565BOYAmt
EOY$328,258EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$513,404BOYAmt
EOY$548,286EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$513,404BOYAmt
EOY$548,286EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$521,969BOYAmt
EOY$876,544EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$34,882ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$428,172OtherCostOrOtherBasisAmt
Depreciation$4,460DepreciationAmt
Book Value$423,712BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,000OtherCostOrOtherBasisAmt
Depreciation$14,571DepreciationAmt
Book Value$3,429BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$427,141TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDepositDesc
Amt$3,318Amt
FieldValueIRS element (for citing)
Total Liability$3,318TotalLiabilityAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule E, Part I, Line 3FormAndLineReferenceDesc
ExplanationAll of the Academy's publications reference its racially nondiscriminatory policy. These materials include printed brochures, flyers, and newspaper advertisements.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipsGrantTypeTxt
Recipient13RecipientCnt
Cash Grant$6,400CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationScholarships are available and awarded to students who apply and meet the criteria of financial need and musical aptitude.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe form 990 is reviewed by the executive director and provided to the board for a comment period. Once approved, the form 990 is efiled.
Form 990, Part VI, Section B, line 12cThe organization has a conflict-of-interest policy in place and the board of directors of the organization monitors and enforces this policy to ensure compliance.
Form 990, Part VI, Section B, line 15The Board of Directors uses independent data sources to aid in the determination and verification of the salaries of the School's Executive Director and management team members. The Board of Directors uses independent data sources to aid in the determination and verification of the salaries of the School's Executive Director and management team members.
Form 990, Part VI, Section C, line 18The organization makes Form 990 available to the public upon request. Additionally, the Form 990 is available on the website www.guidestar.org.
Form 990, Part VI, Section C, line 19The organization makes its governing documents, financial statements, and Form 990 available to the public upon request.
Form 990, Part IX, line 11gContract instructors: Program service expenses 184,313. Management and general expenses 300. Fundraising expenses 0. Total expenses 184,613.