LONG ISLAND CONSERVATORY OF MUSIC INC: Form 990EZ, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LONG ISLAND CONSERVATORY OF MUSIC INC (EIN 26-4287484)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-09
IRS object ID
202243139349201424
Schema version
2021v4.0
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)
Return2022-11-09T10:14:33-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-11-03SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMINSUNPersonFirstNm
Person LastKIMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN HS CHOIPreparerPersonNm
PTINP01413390PTIN
Phone7184608880PhoneNum
Preparation2022-11-03PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$126,638GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$82,019ContributionsGiftsGrantsEtcAmt
Program Service Revenue$44,617ProgramServiceRevenueAmt
Investment Income$2InvestmentIncomeAmt
Total Revenue$126,638TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$28,418FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$139,022OccupancyRentUtltsAndMaintAmt
Other Expenses Total$63,846OtherExpensesTotalAmt
Total Expenses$231,286TotalExpensesAmt
Excess Or Deficit For Year-$104,648ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY-$14,553NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets-$5,200OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY-$124,401NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$23,381BOYAmt
EOY$75,928EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$56,466BOYAmt
EOY$49,271EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$79,847BOYAmt
EOY$125,199EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$94,400BOYAmt
EOY$249,600EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY-$14,553BOYAmt
EOY-$124,401EOYAmt
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$220,559ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$220,559TotalProgramServiceExpensesAmt

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$82,019CurrentTaxYearAmt
Total$82,019TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$44,619CurrentTaxYearAmt
Total$44,619TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$126,638CurrentTaxYearAmt
Total$126,638TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$126,638PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16EXPENSES OFFICE EXPENSE 12,843 BANK CHARGE 12 LICENSE & PERMIT 50 TELEPHONE 396 INTERNET & CABLE 205 PROGRAM-OUTSIDE SERVICE 17,045 PROGRAM-EVENT 25,500 TRANSPORTATOIN 600 NON-INVESTMENT DEPRECIATION 7,195 TOTAL 63,846
FORM 990-EZ, PART I, LINE 20REFUND ON CONTRIBUTION -5,200
FORM 990-EZ, PART II, LINE 2450,361 50,361 LESS ACCUMULATED DEPRECIATION 5,995 13,190 PROPERTY AND EQUIPMENT 12,100 12,100 TOTAL 56,466 49,271
FORM 990-EZ, PART II, LINE 26EIDL LOAN 94,400 249,600

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