PEOPLES MUSIC SCHOOL INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PEOPLES MUSIC SCHOOL INC (EIN 51-0192597)
Tax period: 2012-09-01 to 2013-08-31
Filed: 2014-07-15
IRS object ID: 201431969349301563
Schema version: 2012v2.3
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-07-15T15:34:18-05:00	Timestamp
Tax Period End Date	2013-08-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN J KIELY PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	401 S LASALLE ST STE 606	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60605	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-09-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	510192597	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE PEOPLE'S MUSIC SCHOOL	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PEOP	NameControl
Phone	7737847032	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	931 WEST EASTWOOD	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60640	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CHRISTOPHER HENNESSY	Name
Title	BOARD PRESIDENT	Title
Phone	7737847032	Phone
Date Signed	2014-07-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOHN J KIELY	Name
Phone	3127865961	Phone
Date Prepared	2014-07-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CHRISTOPHER HENNESSY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	931 WEST EASTWOOD	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60601	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	985567	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	PEOPLESMUSICSCHOOL.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1976	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	TO CREATE A WORLD OF HARMONY,CREATIVITY AND PASSION BY FOSTERING THE UNIVERSAL LANGUAGE OF MUSIC THROUGH FREE INSTRUCTION AND PERFORMANCE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	15	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	15	NbrIndependentVotingMembers
Total Nbr Employees	30	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	662244	ContributionsGrantsPriorYear
Contributions Grants Current Year	700335	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	57358	ProgramServiceRevenuePriorYear
Program Service Revenue CY	94664	ProgramServiceRevenueCY
Investment Income Prior Year	28651	InvestmentIncomePriorYear
Investment Income Current Year	37175	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	748253	TotalRevenuePriorYear
Total Revenue Current Year	832174	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	346075	SalariesEtcPriorYear
Salaries Etc Current Year	484225	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	83435	TotalFundrsngExpCurrentYear
Other Expense Prior Year	297698	OtherExpensePriorYear
Other Expenses Current Year	345823	OtherExpensesCurrentYear
Total Expenses Prior Year	643773	TotalExpensesPriorYear
Total Expenses Current Year	830048	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	104480	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2126	RevenuesLessExpensesCY
Total Assets BOY	1503714	TotalAssetsBOY
Total Assets EOY	1522905	TotalAssetsEOY
Total Liabilities BOY	9364	TotalLiabilitiesBOY
Total Liabilities EOY	16154	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1494350	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1506751	NetAssetsOrFundBalancesEOY
Mission Description	TO CREATE A WORLD OF HARMONY,CREATIVITY AND PASSION BY FOSTERING THE UNIVERSAL LANGUAGE OF MUSIC THROUGH FREE INSTRUCTION AND PERFORMANCE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	627939	Expense
Revenue	832174	Revenue
Description	OPERATING A SCHOOL TO TEACH MUSIC TO ADULTS AND CHILDREN. THE CLASSES ARE FREE TO PARTICIPANTS. THE SCHOOL'S 36 TEACHERS OFFER A COMPRESHENSIVE MUSIC EDUCATION WITH AN EMPHASIS ON CLASSICAL MUSIC. THIS INCLUDES MUSIC THEORY, VOICE AND INSTRUCTION IN MANY DIFFERENT INSTRUMENTS, SUCH AS PIANO, GUITAR, VIOLIN AND DRUMS. EACH YEAR GROUP CLASSES AND PRIVATE INSTRUCTION ARE PROVIDED TO NEARLY 500 DIFFERENT STUDENTS, A MAJORITY OF WHOM ARE CHILDREN OF ETHNIC MINORITIES.	Description
Total Program Service Expense	627939	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	42	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	30	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	15	NbrVotingGoverningBodyMembers
Number Independent Voting Members	15	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	IL	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KATE EVERT	NamePerson
Telephone Number	7737847032	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	931 WEST EASTWOOD	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60640	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
CHRISTOPHER HENNESSY
PRESIDENT	2.00	X	X	0	0	0
MARK RHEIN
VICE PRESIDE	2.00	X	X	0	0	0
KATE EVERT
TREASURER	2.00	X	X	0	0	0
VIRGINA WILLCOX
SECRETARY	2.00	X	X	0	0	0
JOHN J KIELY
DIRECTOR	2.00	X		0	0	0
RITA SIMO
DIRECTOR	2.00	X		0	0	0
ELLEN AHERN
DIRECTOR	2.00	X		0	0	0
STEVEN COOLEY
DIRECTOR	2.00	X		0	0	0
JOEL DERSTINE
DIRECTOR	2.00	X		0	0	0
SEAN PARNELL
DIRECTOR	2.00	X		0	0	0
ERIN DELANEY
DIRECTOR	2.00	X		0	0	0
BARABARA JURGENS
DIRECTOR	2.00	X		0	0	0
AMY SHEREN
DIRECTOR	2.00	X		0	0	0
TAM HEBERT
DIRECTOR	2.00	X		0	0	0
JACK LOWEY
DIRECTOR	2.00	X		0	0	0
ROBERT A FIELDER
EXECUTIVE DI	50.00		X	69497	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	69497	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	700335	AllOtherContributions
Noncash Contributions	9360	NoncashContributions
Total Contributions	700335	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SPECIAL EVENTS	900099	50550	50550
INSTRUCTIONAL FEES	900099	44114	44114

Field	Value	IRS element (for citing)
Total Program Service Revenue	94664	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	17131	TotalRevenueColumn
Related Or Exempt Function Income	17131	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	173437	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	153393	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	20044	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	20044	TotalRevenueColumn
Related Or Exempt Function Income	20044	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	832174	TotalRevenueColumn
Related Or Exempt Function Income	131839	RelatedOrExemptFunctionIncome

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	484225	Total
Program Services	364573	ProgramServices
Management And General	75644	ManagementAndGeneral
Fundraising	44008	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	6974	Total
Management And General	6715	ManagementAndGeneral
Fundraising	259	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	5042	Total
Program Services	1513	ProgramServices
Fundraising	3529	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	36528	Total
Program Services	19769	ProgramServices
Management And General	10169	ManagementAndGeneral
Fundraising	6590	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	18881	Total
Program Services	14161	ProgramServices
Management And General	3776	ManagementAndGeneral
Fundraising	944	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	54140	Total
Program Services	40604	ProgramServices
Management And General	10828	ManagementAndGeneral
Fundraising	2708	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	39965	Total
Program Services	29974	ProgramServices
Management And General	7993	ManagementAndGeneral
Fundraising	1998	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	FundraisingFundraising	Management And GeneralManagementAndGeneral
CONCERT & LECTURE EXPENSE	142408	142408
DEVELOPMENT AND FUNDRAISI	22233		22233
REPAIRS AND MAINTENANCE	12168	9126	608	2434
TELEPHONE	5577	3904	558	1115

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1907	Total
Program Services	1907	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	830048	Total
Program Services	627939	ProgramServices
Management And General	118674	ManagementAndGeneral
Fundraising	83435	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	158180	BOY
EOY	174398	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3000	BOY
EOY	5000	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	5070	BOY
EOY	4282	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1552744	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	798640	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	799644	BOY
EOY	754104	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	537820	BOY
EOY	585121	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1503714	BOY
EOY	1522905	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	9364	BOY
EOY	16154	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	9364	BOY
EOY	16154	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1484350	BOY
EOY	1496751	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	10000	BOY
EOY	10000	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1494350	BOY
EOY	1506751	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1503714	BOY
EOY	1522905	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2126	ReconcilationRevenueExpenses
Reconcilation Other Changes	10275	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	569666	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	872213	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	494180	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	662244	CurrentTaxYearMinus1Year
Current Tax Year	700335	CurrentTaxYear
Total	3298638	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	72182	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	145698	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	161792	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	57358	CurrentTaxYearMinus1Year
Current Tax Year	111795	CurrentTaxYear
Total	548825	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	641848	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1017911	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	655972	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	719602	CurrentTaxYearMinus1Year
Current Tax Year	812130	CurrentTaxYear
Total	3847463	Total

Field	Value	IRS element (for citing)
Public Support Total509	3847463	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9215	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	14977	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	5582	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	19117	CurrentTaxYearMinus1Year
Current Tax Year	17131	CurrentTaxYear
Total	66022	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9215	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	14977	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	5582	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	19117	CurrentTaxYearMinus1Year
Current Tax Year	17131	CurrentTaxYear
Total	66022	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	651063	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1032888	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	661554	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	738719	CurrentTaxYearMinus1Year
Current Tax Year	829261	CurrentTaxYear
Total	3913485	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.98310	PublicSupportPercentage509
Prior Year Support Percentage	0.98200	PriorYearSupportPercentage
Investment Income Percentage	0.02000	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.02000	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	60000	OtherCostOrOtherBasis
Book Value	60000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1236070	OtherCostOrOtherBasis
Depreciation	699294	Depreciation
Book Value	536776	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3535	OtherCostOrOtherBasis
Depreciation	2377	Depreciation
Book Value	1158	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	253139	OtherCostOrOtherBasis
Depreciation	96969	Depreciation
Book Value	156170	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	754104	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
MUTUAL FUNDS	491290	F
UNREALIZED GAIN (LOSS)	65990	F
CASH INVESTMENTS	27841	F

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	585121	TotalOfBookValueProgramRelated
Tot Revenue Etc Audited Fincl Stmt	1241749	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	409575	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	409575	RevenueNotRptdF990
Revenue Subtotal	832174	RevenueSubtotal
Total Revenue Per Form990	832174	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1239623	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	409575	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	409575	ExpensesNotRptdF990
Expenses Subtotal	830048	ExpensesSubtotal
Total Expenses Per Form990	830048	TotalExpensesPerForm990

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
In Person Solicitations	X	InPersonSolicitations
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	false	AgreementRefFundraising

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE ORGANIZATION'S ANNUAL FORM 990 IS PREPARED BY AN INDEPENDENT FIRM.ONCE THE AUFIT IS REVIEWED AND ACCPETED BY THE BOARD OF DIRECTORS, THE 990 IS PREPARED BASED ON THE FINANCIAL INFORMATION CONTAINED IN THE AUDIT REPORT. THE RETURN IS THEN SUBMITTED TO THE EXECUTIVE DIRECTOR FOR FINAL REVIEW, APPROVAL AND FILING BASED ON THE AUTHORITY GIVEN BY THE BOARD OF DIRECTORS. A COPY OF THE FINAL RETURN IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ALL DIRECTORS AND EMPLOYESS RECEIVE A COPY OF THE EMPLOYEE HANDBOOK THAT EXPLAINS THE ORIGANIZATION'S CONFILT OF INTEREST POLICY. ANY CONFLICT OF INTEREST THAT ARISES FROM THE ANNUAL DISCLOSURE OF INTEREST ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND TAKEN TO THE BOARD OF DIRECTORS FOR ANY NECESSARY ACTION TO ENFORE COMPLAINCE.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ALL RECORDS OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST BY ANY CORPORATION, FOUNDATION, GOVENMENTAL UNIT OR GENERAL PUBLIC AT THE OFFICE OF THE ORGANIZATION DURING REGULAR BUSINESS HOURS.
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	CHANGE IN UNREALIZED GAINS 10,275

PEOPLES MUSIC SCHOOL INC: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

Program Service Revenue ProgramServiceRevenue (2 entries)

Investment Income InvestmentIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Gain Or Loss GainOrLoss

Net Gain Or Loss Investments NetGainOrLossInvestments

Total Revenue TotalRevenue

Comp Disqual Persons CompDisqualPersons

Fees For Services Accounting FeesForServicesAccounting

Advertising Advertising

Office Expenses OfficeExpenses

Occupancy Occupancy

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Investments Program Related InvestmentsProgramRelated

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Total509 Total509

Gross Investment Income509 GrossInvestmentIncome509

Investment Income And UBTI InvestmentIncomeAndUBTI

Total Support Total TotalSupportTotal

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Leasehold Improvements LeaseholdImprovements

Equipment Equipment

Investments Program Related InvestmentsProgramRelated (3 entries)

Schedule G IRS990ScheduleG

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

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