2021-12-13T12:13:22-08:00 2021-07-31 Randall L Raber CPA PA 1920 Barnwell Street Columbia SC 29201 990 2020-08-01 320542058 Varna International Music Academy VARN 8035454166 1225 Laurel Street Columbia SC 29201 Sharon Tchonev Vice President 8035454166 2021-12-03 true Sharon Tchonev XXX-XX-XXXX Randall L Raber P01276150 8032542509 2021-12-03 3 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Sharon Tchonev 1225 Laurel Street Columbia SC 29201 143110 false X N/A X 2017 SC To hold an annual music academy and educational music tours focusing on teaching students advanced music concepts and allowing them to practice their skills in performance situations like operas and concertos. 3 2 0 0 0 0 21209 90097 434978 53013 0 0 456187 143110 0 0 0 0 0 251433 83103 251433 83103 204754 60007 221190 281209 0 12 221190 281197 X To hold an annual music academy and educational music tours focusing on teaching students advanced music concepts and allowing them to practice their skills in performance situations like operas and concertos. true false 0 0 52276 Varna International Music Academy and related travel to and from venue location At the summer 2019 Academy the organization hosted 107 students and 17 faculty, had 4 concerts with the students as well as 3 different operas performed several times each. The summer 2020 and 2021 Academies were cancelled due to the Coronavirus. Certain income and expenses were retained and incurred in expectation of the 2022 Academy. 17136 0 35478 Donations and expenses related to the Violins of Hope program and concerts that commence in Spring of 2022. 17136 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false 1 0 0 false false false false false false false false false false X 3 2 true false false false false false false true true false false true true true true false false false false true false SC X Sharon Tchonev 8035454166 1225 Laruel Street 331 Columbia SC 29201 Kalin Tchonev Musical Director, Treas 30.00 X X 0 0 0 Sharon Tchonev Director, President 30.00 X X 0 16500 0 Shaul Paz Director 0.50 X 0 0 0 Gregory Buchalter Director, VP 0.50 X X 0 0 0 Jonathan Stinson Director, Board Sec 0.50 X 0 0 0 0 16500 0 false false false 54619 35478 90097 Musican Participant Fees 999999 52276 0 0 737 0 0 53013 143110 53013 0 0 1120 0 1120 0 7019 6911 108 0 102 0 102 0 -250 0 -250 0 Postage 1725 1665 60 0 Management/VICW Reimbursements 64169 0 64169 0 Bank Service Charges 718 60 658 0 Consulting 5500 5500 0 0 3000 3000 0 0 83103 17136 65967 0 156434 186452 55237 85238 9519 9519 9519 221190 281209 0 12 0 12 X 221190 281197 221190 281197 221190 281209 60007 X true false false false X 0 0 5000 21209 90097 116306 333780 434978 53013 821771 0 0 338780 456187 143110 938077 0 0 0 938077 938077 X 0 0 9519 9519 9519 Varna Int Cond Work Prog Ser Mgr Adv on costs X 85238 85238 false true true 85238 Pt VI, Line 12c The board of directors and an officer is currently made up of the organizers of the organization, Kalin and Sharon Tchonev. As noted elsewhere, the Tchonevs also own and manage a related for profit entity that incurs many of the expenses that are Varna International Music Academy expenses, so there is an inherent conflict due to this activity. As this is the third year of the Academy as a non-profit (and still only having one year of non-covid operations) steps are being taken to separate the Academy expenses from the for profit company expenses. Pt VI, Line 15a Included in the overall expenses that Varna International Music Academy remits to the for profit company is an overhead charge that includes the administration and program service costs of the Academy. This is also the answer to Question 16 regarding other interactions with taxable entities. Pt VI, Line 19 Information about Forms 1023 and the attached filings are available by request, and Forms 990 are available either by request or from the South Carolina Secretary of State's office. Pt VI, Line 2 The organizers of the organization, Kalin and Sharon Tchonev, are married to each other. Pt VI, Line 11b The directors were shown and approved the return prior to filing. Pt III, Line 2 New program - Taxpayer is initiating concerts centering around historical instruments known as the Violins of Hope. Each of these instruments are connected in some way with the Holocaust, either as owned by victims or their families. This includes both those who perished and those who survived. These concerts will begin in calendar 2022.