Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 33-1627951 • 501(c)3 • Alpine, CA
Profile
The Dream Factory Sound Sanctuary is a nonprofit organization dedicated to supporting emerging and established musical artists through artist residencies studio access and music education. The organization provides high-quality musical instruments professional recording equipment sound engineering services and holistic educational programs that promote personal growth and creative expression. Funding is provided through individual donations grants sponsorships and revenue from studio services all of which directly support the organizations charitable mission and programs.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$314,553
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
$314,553
No earlier filing loaded for comparison.
Revenue
$2,438
No earlier filing loaded for comparison.
Expenses
$2,424
No earlier filing loaded for comparison.
Net Income
$14
No earlier filing loaded for comparison.
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The Dream Factory Sound Sanctuary is a nonprofit organization dedicated to supporting emerging and established musical artists through artist residencies studio access and music education. The organization provides high-quality musical instruments professional recording equipment sound engineering services and holistic educational programs that promote personal growth and creative expression. Funding is provided through individual donations grants sponsorships and revenue from studio services all of which directly support the organizations charitable mission and programs.
| Description | Grants | Expenses |
|---|---|---|
| Music production experience and education benefited 12+ people. | $0 | $2,363 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Chanti Holroyd | Board Secretary | PT | $0 | - | - |
| Dustin Gustus | President | PT | $0 | - | - |
| Touraj Torabi | Treasurer | - | $0 | - | - |
“| Other Expenses:, Amount:| Bank Charges & Fees, $10.00| Office Supplies & Software, $1450.00| Studio Supplies, $829.00|”
“| Description:, Explanation:, Amount:| Donation of music studio equipment, On October 25 2024 Dream Factory Sound Sanctuary received an in-kind donation of music studio equipment valued at $354,767.63 from New Being Project 501c3 a nonprofit organization. This non-cash contribution was recorded as an increase in net assets during the fiscal year., $314539|”
“| Asset Name:, BOY Amount:, EOY Amount:| Inventory, 0, $314553|”
“| Explanation:| In April 2025 The Dream Factory Sound Sanctuary received a one-time transfer of music production equipment and studio assets from another 501c3 organization New Being Project valued at $314,539. This figure is based on a good-faith estimate of 70% of the original purchase price. This non-cash contribution formed the foundational infrastructure of the organizations programs and is recorded as other changes in net assets.”
“| Explanation:| The organization offered artist residencies educational workshops and studio access to emerging musicians. No grants were issued. Activities supported personal development creative expression and community-building through music.”
“| Explanation:| All officers and directors served in a volunteer capacity. No compensation health benefits or deferred compensation was paid to any individual during the tax year.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Touraj Torabi |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Chanti Holroyd |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Dustin Gustus |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Touraj Torabi |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Board Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
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| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 314553 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 314539 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2289 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Dream Factory Sound Sanctuary is a nonprofit organization dedicated to supporting emerging and established musical artists through artist residencies studio access and music education. The organization provides high-quality musical instruments professional recording equipment sound engineering services and holistic educational programs that promote personal growth and creative expression. Funding is provided through individual donations grants sponsorships and revenue from studio services all of which directly support the organizations charitable mission and programs. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 600 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Music production experience and education benefited 12+ people. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2363 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 2424 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2363 |
| IRS990EZ/TotalRevenueAmt | 0 | 2438 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1838 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1838 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt | 0 | 0 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 600 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
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| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 148 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1690 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt | 0 | 0 |
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| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1838 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1838 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
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| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Expenses:, Amount:| Bank Charges & Fees, $10.00| Office Supplies & Software, $1450.00| Studio Supplies, $829.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Description:, Explanation:, Amount:| Donation of music studio equipment, On October 25 2024 Dream Factory Sound Sanctuary received an in-kind donation of music studio equipment valued at $354,767.63 from New Being Project 501c3 a nonprofit organization. This non-cash contribution was recorded as an increase in net assets during the fiscal year., $314539| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Asset Name:, BOY Amount:, EOY Amount:| Inventory, 0, $314553| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Explanation:| In April 2025 The Dream Factory Sound Sanctuary received a one-time transfer of music production equipment and studio assets from another 501c3 organization New Being Project valued at $314,539. This figure is based on a good-faith estimate of 70% of the original purchase price. This non-cash contribution formed the foundational infrastructure of the organizations programs and is recorded as other changes in net assets. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | | Explanation:| The organization offered artist residencies educational workshops and studio access to emerging musicians. No grants were issued. Activities supported personal development creative expression and community-building through music. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | | Explanation:| All officers and directors served in a volunteer capacity. No compensation health benefits or deferred compensation was paid to any individual during the tax year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Program Service Accomplishments (Part III),line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Program Service Accomplishments (Part III),line 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | List of Officers (Part IV),line 41 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Dustin Valentine Gustus |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5627462131 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Dream Factory Sound Sanctuary |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DREA |
| ReturnHeader/Filer/EIN | 0 | 331627951 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 5627462131 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2710 ALPINE BLVD SUITE K 213 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Alpine |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91901 |
| ReturnHeader/ReturnTs | 0 | 2025-11-09T15:57:47-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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