Crescendo Young Musicians Guild in Los Angeles, California (CA)
Table of contents:
| Crescendo Young Musicians Guild | |
| Employer Identification Number (EIN) | 451837779 |
| Name of Organization | Crescendo Young Musicians Guild |
| In Care of Name | Pin Chen |
| Address | 525 S Berendo St Unit 203, Los Angeles, CA 90020-2285 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 08/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $27,109 |
| Amount of Income | $36,390 |
| Form 990 Revenue Amount | $32,533 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $29,751 | $19,202 |
| Contributions, gifts, grants, and similar amounts received | $25,190 | $7,550 |
| Program service revenue including government fees and contracts | $4,561 | $9,814 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $1,838 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $0 | $4,011 |
| Less: direct expenses from gaming and fundraising events | $0 | $2,173 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $21,435 | $18,887 |
| Total net assets | $13,054 | $14,159 |
| Excess/Deficit for the year | $8,316 | $315 |
| Net assets or fund balances at beginning of year | $0 | $13,054 |
| Other changes in net assets or fund balances | $4,738 | $790 |
| Net assets or fund balances at end of year | $13,054 | $14,159 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $13,054 | $14,159 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $13,054 | $14,159 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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