LONG ISLAND CONSERVATORY OF MUSIC INC: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LONG ISLAND CONSERVATORY OF MUSIC INC (EIN 26-4287484)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-10
IRS object ID
202143149349202409
Schema version
2020v4.0
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)
Return2021-11-10T12:52:11-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Line1158 -14 NORTHERN BLVD UL-1AddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11358ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-11-09SignatureDt

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
Preparation2021-11-09PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
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$166,825GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$166,825ContributionsGiftsGrantsEtcAmt
Total Revenue$166,825TotalRevenueAmt
Other Expenses Total$225,355OtherExpensesTotalAmt
Total Expenses$225,355TotalExpensesAmt
Excess Or Deficit For Year-$58,530ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$38,976NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$5,000OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY-$14,554NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$26,876BOYAmt
EOY$23,380EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$12,100BOYAmt
EOY$56,466EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$38,976BOYAmt
EOY$79,846EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$94,400EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$38,976BOYAmt
EOY-$14,554EOYAmt
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$203,901ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$203,901TotalProgramServiceExpensesAmt

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 OperatingYes (true)SchoolOperatingInd
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)
SchoolYes (X)SchoolInd

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16EXPENSES AUTOMOBILE 1,495 DONATION 300 INSURANCE 1,936 LEGAL & PROFESSIONAL 1,200 LICENSE & PERMIT 50 MAINTENANCE&REPAIR 136 OCCUPANCY 117,000 OFFICE EXPENSES 363 PROGRAM-EVENT 8,010 PROGRAM-OUTSIDE SERVICES 87,870 PROGRAM-RENT 1,000 NON-INVESTMENT DEPRECIATION 5,995 TOTAL 225,355
FORM 990-EZ, PART I, LINE 20EIDL ADVANCED GRANT 5,000
FORM 990-EZ, PART II, LINE 24M & E 0 50,361 LESS ACCUMULATED DEPRECIATION 0 5,995 PROPERTY AND EQUIPMENT 12,100 12,100 TOTAL 12,100 56,466
FORM 990-EZ, PART II, LINE 26EIDL LOAN 0 94,400

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonMINSUN KIMPersonNm

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