The@music Factory - The Community Music School Of West Central Ohio, The Music Factory in Lima, Ohio (OH)
Table of contents:
| The@music Factory - The Community Music School Of West Central Ohio, The Music Factory | |
| Employer Identification Number (EIN) | 201171981 |
| Name of Organization | The@music Factory - The Community Music School Of West Central Ohio |
| Secondary Name | The Music Factory |
| In Care of Name | Benjamin Leybovich |
| Address | PO BOX 5563, Lima, OH 45802-5563 |
| Subsection | Educational Organization |
| Ruling Date | 08/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 08/2014 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $39,707 |
| Amount of Income | $128,931 |
| Form 990 Revenue Amount | $128,931 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Specialized Education Institutions |
Non-representatives - add comments:
Amount of income in 2014: $128,931 (it was $110,657 in 2013)
| The@music Factory - The Community Music School Of West Central Ohio, The Music Factory: | $128,931 |
| Other organizations performing similar types of work: | $217,579 |
Assets in 2014: $39,707 (it was $39,004 in 2013)
| This organization: | $39,707 |
| Other organizations performing similar types of work: | $99,372 |
Expenses in 2014: $120,535
| The@music Factory - The Community Music School Of West Central Ohio, The Music Factory: | $120,535 |
| Other organizations performing similar types of work: | $243,038 |
Income to expenses ratio in 2014: 1.1
| This organization: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2014: 34.8%
| The@music Factory - The Community Music School Of West Central Ohio, The Music Factory: | 34.8% |
| Other organizations performing similar types of work: | 5.0% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $86,490 | $118,380 | $110,633 | $128,931 |
| Contributions, gifts, grants, and similar amounts received | $30,705 | $36,264 | $23,039 | $44,916 |
| Program service revenue including government fees and contracts | $55,137 | $81,923 | $87,109 | $83,660 |
| Membership dues and assessments | $648 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $-24 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $193 | $509 | $355 |
| Total expenses | $108,718 | $115,338 | $123,441 | $120,535 |
| Total net assets | $26,606 | $29,648 | $16,822 | $25,185 |
| Excess/Deficit for the year | $-22,228 | $3,042 | $-12,808 | $8,396 |
| Net assets or fund balances at beginning of year | $48,834 | $26,606 | $29,648 | $16,822 |
| Other changes in net assets or fund balances | $0 | $0 | $-18 | $-33 |
| Net assets or fund balances at end of year | $29,648 | $16,822 | $25,185 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $34,350 | $39,625 | $39,004 | $39,707 |
| Total liabilities | $7,744 | $9,977 | $22,182 | $14,522 |
| Net assets or fund balances | $26,606 | $29,648 | $16,822 | $25,185 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2014) | |
| 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 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $561,998 |
| Subtotal | $561,998 |
| Gifts, grants, contributions, and membership fees received | $168,578 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $379,509 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $13,911 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $561,998 |
| Public support | $561,998 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $0 | $0 | $0 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $0 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $0 |
| Specific deduction | $1,000 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Step By Step Academy Inc | 445 E Dublin Granville Rd Ste G, Worthington, OH 43085-3183 | OH | 2002-12 | $11,724,699 |
| 2 | Columbus Preparatory And Fitness Academy | 1258 Demorest Rd, Columbus, OH 43204-7003 | OH | 2015-02 | $1,527,544 |
| 3 | Discovery Academy | 3835 Secor Rd, Toledo, OH 43623-4402 | OH | 2014-12 | $914,749 |
| 4 | S A I L, School For Autistically Impaired Le | 3740 Cavalear Dr, Toledo, OH 43606-1147 | OH | 1995-09 | $362,468 |
| 5 | Hope Learning Academy Foundation | 5800 Monroe St Ste F, Slyvania, OH 43560-2263 | OH | 2014-07 | $266,520 |
| 6 | Segula, Special Education Growth Understand | 2030 S Taylor Rd, Cleveland Hts, OH 44118-2605 | OH | 1996-10 | $212,225 |
| 7 | Rays Of Hope Inc | 148 Mansfield Ave, Mount Vernon, OH 43050-1102 | OH | 2010-05 | $114,469 |
| 8 | Dayton International School | 7811 Mad River Road, Dayton, OH 45459 | OH | 2011-03 | $92,818 |
| 9 | Brighter Beginnings Through Conductive Education | 169 Grove St, Marysville, OH 43040-1316 | OH | 2009-06 | $36,635 |
| 10 | A-Marika Ds Inc | 7245 Thomas Drive, Cincinnati, OH 45243 | OH | 2011-07 | $0 |
| 11 | Aact Academy | 3584 Raflin Drive, Columbus, OH 43231 | OH | 2014-09 | $0 |
| 12 | Advocate Advisors | Po Box 843, Painesville, OH 44077 | OH | 2014-03 | $0 |
| 13 | Amaranth Arts Institute | PO BOX 12594, Cleveland, OH 44112-0594 | OH | 2000-08 | $0 |
| 14 | Caching Our World Corporation | 107 Fairborn Dr, Hamilton, OH 45013 | OH | 2006-08 | $0 |
| 15 | China Bridge Kids After School Learning Center Inc | 4960 Chestnut Hill Dr, Mason, OH 45040-3801 | OH | 2004-05 | $0 |
| 16 | Deaf To Work | 15954 Thomas St, Newbury, OH 44065 | OH | 2010-08 | $0 |
| 17 | Direction For Tomorrow | PO BOX 46146, Bedford, OH 44146-0146 | OH | 2002-05 | $0 |
| 18 | Double T Autistic Village | 1229 Garden St, Zanesville, OH 43701-2929 | OH | 2014-08 | $0 |
| 19 | Eagles Nest Riding Stables | PO BOX 208, Canal Wnchstr, OH 43110-0208 | OH | 1995-10 | $0 |
| 20 | Education Unlimited Inc | 6131 E River Rd, Fairfield, OH 45014-3241 | OH | 2002-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,314 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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