Civic Intelligence

The Music Academy

990 • Fiscal year 2017 • EIN 25-1150099

Sep 01, 2016 to Aug 31, 2017 • Filed on Dec 29, 2017

Organization ProfileWWW.MUSICACADEMY.ORG
2790 West College Ave Ste 7State College, PA 16801

(814) 238-3451

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.32x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

10th percentile

-39%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$23,873

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-46%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-49%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$17,313

Down $14,532 (-46%) from 2016

Net Assets

Down

-$5,488

Down $35,258 (-118%) from 2016

Liabilities

Up

$22,801

Up $20,726 (+999%) from 2016

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin10th percentile

Revenue

Down

$90,053

Down $85,850 (-49%) from 2016

Expenses

Down

$125,311

Down $57,477 (-31%) from 2016

Net Income

Down

-$35,258

Down $28,373 (-412%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2015: $46,624Liabilities 2015: $4,617Net Assets 2015: $42,0072015Assets 2016: $31,845Liabilities 2016: $2,075Net Assets 2016: $29,7702016Assets 2017: $17,313Liabilities 2017: $22,801Net Assets 2017: -$5,4882017Assets 2018: $5,865Liabilities 2018: $530Net Assets 2018: $5,3352018Assets 2019: $7,071Liabilities 2019: $586Net Assets 2019: $6,4852019Assets 2020: $83,338Liabilities 2020: $40,658Net Assets 2020: $42,6802020Assets 2022: $134,428Liabilities 2022: $53,046Net Assets 2022: $81,3822022Assets 2023: $93,015Liabilities 2023: $9,229Net Assets 2023: $83,7862023Assets 2024: $69,853Liabilities 2024: $5,782Net Assets 2024: $64,0712024Assets 2025: $101,663Liabilities 2025: $5,916Net Assets 2025: $95,7472025

Highlighted filing

2017

Assets$17,313
Liabilities$22,801
Net Assets-$5,488
Open 2017 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2015: $185,804Expenses 2015: $200,100Net Income 2015: -$14,2962015Revenue 2016: $175,903Expenses 2016: $182,788Net Income 2016: -$6,8852016Revenue 2017: $90,053Expenses 2017: $125,311Net Income 2017: -$35,2582017Revenue 2018: $248,563Expenses 2018: $237,740Net Income 2018: $10,8232018Revenue 2019: $257,518Expenses 2019: $256,368Net Income 2019: $1,1502019Revenue 2020: $300,196Expenses 2020: $264,001Net Income 2020: $36,1952020Revenue 2022: $265,688Expenses 2022: $289,458Net Income 2022: -$23,7702022Revenue 2023: $278,717Expenses 2023: $316,535Net Income 2023: -$37,8182023Revenue 2024: $242,962Expenses 2024: $262,677Net Income 2024: -$19,7152024Revenue 2025: $353,783Expenses 2025: $322,107Net Income 2025: $31,6762025

Highlighted filing

2017

Revenue$90,053
Expenses$125,311
Net Income-$35,258
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Dec 29, 2017
Return Version
2016v3.1
Gross Receipts
$90,053
Mission and Program Overview

Mission

Providing music instruction

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,235--
Savings and Temporary Cash Investments$2,115$17,315▲ $15,200
Prepaid Expenses and Deferred Charges$2,495--
Cash and Non-Interest-Bearing Accounts-$-2-
Rtn Earn Endowment Incm Other Fnds$29,770$-5,488▼ $35,258
Total Assets$31,845$17,313▼ $14,532
Liabilities
Deferred Revenue-$21,572-
Other Liabilities$2,075$1,229▼ $846
Total Liabilities$2,075$22,801▲ $20,726
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,770$-5,488▼ $35,258
Total Liabilities and Net Assets / Fund Balance$31,845$17,313▼ $14,532

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$73,017$73,017
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennene B LundyDirectorPT$23,873$23,873
Revenue and Support

Revenue Composition

Contributions and Grants
$10,516
Program Service Revenue
$79,350
Investment Income
$187
Other Revenue
$0
All Other Contributions
$10,516
Change in Net Assets
$-35,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$77,305
Other Expenses$48,006
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,276--$46,276
Occupancy$29,456--$29,456
Current Officers, Directors, Trustees, and Key Employees-$23,873-$23,873
Advertising$7,652--$7,652
Payroll Taxes$5,128$2,028-$7,156
Fees for Services Accounting$4,245$2,832-$7,077
Insurance$1,851$139-$1,990
Office Expenses$660$744-$1,404
Fees for Services Other$427--$427
Total Functional Expenses$95,695$29,616$0$125,311
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$1,229
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 15A

“BOARD APPROVAL”

Form 990, Page 6, Part VI, Line 15B

“N/A”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Music Academy
EIN
25-1150099
Phone
8142383451
Address
2790 WEST COLLEGE AVE STE 7, STATE COLLEGE, PA 16801

Signing Officer

Name
Jennene B Lundy
Title
Director
Phone
8142383451
Signed
2017-12-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennene B Lundy
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
0
Employees
19

Preparer

Firm
Brown & Associates Inc
Address
1756 HIGH RIDGE CIRCLE, STATE COLLEGE, PA 16803
Preparer
Anna C Nelson
Phone
8142341913
Raw XML Appendix279 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING MUSIC INSTRUCTION
IRS990/AdvertisingGrp/ProgramServicesAmt07652
IRS990/AdvertisingGrp/TotalAmt07652
IRS990/AllOtherContributionsAmt010516
IRS990/BooksInCareOfDetail/PersonNm0JENNENE B LUNDY
IRS990/BooksInCareOfDetail/PhoneNum08142383451
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0206-27TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALTOONA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd016601
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0-2
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt023873
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt023873
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010516
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0187
IRS990/CYOtherExpensesAmt048006
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt079350
IRS990/CYRevenuesLessExpensesAmt0-35258
IRS990/CYSalariesCompEmpBnftPaidAmt077305
IRS990/CYTotalExpensesAmt0125311
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt090053
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt021572
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE MUSIC ADACEMY PROVIDES INSTRUCTION AND EDUCATIONAL MUSIC PROGRAMS TO 100 STUDENTS PER YEAR
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt095695
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02832
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04245
IRS990/FeesForServicesAccountingGrp/TotalAmt07077
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0427
IRS990/FeesForServicesOtherGrp/TotalAmt0427
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt030.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0JENNENE B LUNDY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt023873
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt090053
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0139
IRS990/InsuranceGrp/ProgramServicesAmt01851
IRS990/InsuranceGrp/TotalAmt01990
IRS990/InvestmentIncomeGrp/ExclusionAmt0187
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0187
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027235
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt073017
IRS990/LandBldgEquipCostOrOtherBssAmt073017
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING MUSIC INSTRUCTION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt029770
IRS990/NetAssetsOrFundBalancesEOYAmt0-5488
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt029456
IRS990/OccupancyGrp/TotalAmt029456
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0744
IRS990/OfficeExpensesGrp/ProgramServicesAmt0660
IRS990/OfficeExpensesGrp/TotalAmt01404
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherLiabilitiesGrp/BOYAmt02075
IRS990/OtherLiabilitiesGrp/EOYAmt01229
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt046276
IRS990/OtherSalariesAndWagesGrp/TotalAmt046276
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02028
IRS990/PayrollTaxesGrp/ProgramServicesAmt05128
IRS990/PayrollTaxesGrp/TotalAmt07156
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02495
IRS990/PrincipalOfficerNm0JENNENE B LUNDY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INSTRUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt079350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt079350
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011652
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0764
IRS990/PYOtherExpensesAmt052761
IRS990/PYProgramServiceRevenueAmt0163487
IRS990/PYRevenuesLessExpensesAmt0-6885
IRS990/PYSalariesCompEmpBnftPaidAmt0130027
IRS990/PYTotalExpensesAmt0182788
IRS990/PYTotalRevenueAmt0175903
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-35258
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt079350
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt029770
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-5488
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02115
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017315
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073017
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01229
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalLiabilityAmt01229
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NEWSPAPER ADVERTISING AND PRINTED BROCHURES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt031845
IRS990/TotalAssetsEOYAmt017313
IRS990/TotalAssetsGrp/BOYAmt031845
IRS990/TotalAssetsGrp/EOYAmt017313
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010516
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029616
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095695
IRS990/TotalFunctionalExpensesGrp/TotalAmt0125311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02075
IRS990/TotalLiabilitiesEOYAmt022801
IRS990/TotalLiabilitiesGrp/BOYAmt02075
IRS990/TotalLiabilitiesGrp/EOYAmt022801
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029770
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-5488
IRS990/TotalProgramServiceExpensesAmt095695
IRS990/TotalProgramServiceRevenueAmt079350
IRS990/TotalReportableCompFromOrgAmt023873
IRS990/TotalRevenueGrp/ExclusionAmt0187
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079350
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt090053
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031845
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017313
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0206-27TH AVE
IRS990/USAddress/CityNm0ALTOONA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016601
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MUSICACADEMY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNENE B LUNDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08142383451
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MUSIC ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0251150099
ReturnHeader/Filer/PhoneNum08142383451
ReturnHeader/Filer/USAddress/AddressLine1Txt02790 WEST COLLEGE AVE STE 7
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId047DC89AE433FDF5CB464A57D31CCF99CDCF29FE1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId047DC89AE433FDF5CB464A57D31CCF99CDCF29FE1
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251566471
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01756 HIGH RIDGE CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STATE COLLEGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd016803
ReturnHeader/PreparerPersonGrp/PhoneNum08142341913
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA C NELSON
ReturnHeader/ReturnTs02018-04-17T14:42:25-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,313
Liabilities
$22,801
Net assets
-$5,488
Revenue
$90,053
Expenses
$125,311
Net income
-$35,258
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.06$0.96$3.54$3.22$0.32
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.06$0.64$2.43$2.63$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.09$0.84$2.79$3.17$0.38
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.53$0.81$2.66$2.89$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.41$0.43$3.00$2.64$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$2.58$2.56$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$2.49$2.38$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.23$0.05$0.90$1.25$0.35
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$1.76$1.83$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.05$0.42$1.86$2.00$0.14