LONG ISLAND CONSERVATORY OF MUSIC INC: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LONG ISLAND CONSERVATORY OF MUSIC INC (EIN 26-4287484)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202343179349200544
Schema version
2022v5.0
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)
Return2023-11-13T09:41:28-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475536373PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANIOM GROUP INCORPORATEDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13125 UNION STAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11354ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264287484EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LONG ISLAND CONSERVATORYBusinessNameLine1Txt
Business Name Line2OF MUSIC INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLONGBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11125 WILLIS AVEAddressLine1Txt
CityALBERTSONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11507ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMINSUN KIMPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2023-11-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMINSUNPersonFirstNm
Person LastKIMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN HS CHOIPreparerPersonNm
PTINP01413390PTIN
Phone7184608880PhoneNum
Preparation2023-11-08PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$168,778GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$161,090ContributionsGiftsGrantsEtcAmt
Program Service Revenue$7,686ProgramServiceRevenueAmt
Investment Income$2InvestmentIncomeAmt
Total Revenue$168,778TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$20,289FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$118,637OccupancyRentUtltsAndMaintAmt
Other Expenses Total$59,747OtherExpensesTotalAmt
Total Expenses$198,673TotalExpensesAmt
Excess Or Deficit For Year-$29,895ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY-$124,401NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$154,296NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$75,928BOYAmt
EOY$20,108EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$49,271BOYAmt
EOY$101,471EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$125,199BOYAmt
EOY$121,579EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$249,600BOYAmt
EOY$275,875EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY-$124,401BOYAmt
EOY-$154,296EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO EDUCATE COMMUNITY MUSIC AND OTHER EDUCATIONS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTO PROVIDE A COMMUNITY WITH ARTISTIC AND MUSICAL EDUCATION AND SEMINARS AND HELD CONCERTS TO ENHANCE LIVE-PERFORMING EXPERIANCES.DescriptionProgramSrvcAccomTxt
Program Service Expenses$185,229ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$185,229TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp

FieldValueIRS element (for citing)
PersonMINSUN KIMPersonNm
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos20.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLI CONSERVATORY OF MUSIC INCPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11125 WILLIS AVEAddressLine1Txt
CityALBERTSONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11507ZIPCd
FieldValueIRS element (for citing)
Phone5166253455PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$82,019CurrentTaxYearMinus1YearAmt
Current Tax Year$161,090CurrentTaxYearAmt
Total$243,109TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$44,619CurrentTaxYearMinus1YearAmt
Current Tax Year$7,688CurrentTaxYearAmt
Total$52,307TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$126,638CurrentTaxYearMinus1YearAmt
Current Tax Year$168,778CurrentTaxYearAmt
Total$295,416TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$295,416PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$126,638CurrentTaxYearMinus1YearAmt
Current Tax Year$168,778CurrentTaxYearAmt
Total$295,416TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16EXPENSES OFFICE EXPENSE 7,838 BANK CHARGE 25 LICENSE & PERMIT 100 TELEPHONE 1,761 INTERNET & CABLE 208 PROGRAM-OUTSIDE SERVICE 22,500 PROGRAM-EVENT 16,747 SECURITY 248 NON-INVESTMENT DEPRECIATION 10,320 TOTAL 59,747
FORM 990-EZ, PART II, LINE 2450,361 112,881 LESS ACCUMULATED DEPRECIATION 13,190 23,510 PROPERTY AND EQUIPMENT 12,100 12,100 TOTAL 49,271 101,471
FORM 990-EZ, PART II, LINE 26EIDL LOAN 249,600 249,600 UNEARNED REVENUE 0 26,275

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