Civic Intelligence

Great Sounds Promotions Inc.

EIN 39-1873105 • 501(c)3 • Maricopa, AZ

Pub. 78 Eligible

Profile

The advancement of music education

37223 W Meta WayMaricopa, AZ 85138

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

9.10x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

1.7%

Higher net margin than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

99th percentile

1204%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

215%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$300

Up $277 (+1204%) from 2023

Liabilities

Down

$2,729

Down $297 (-9.8%) from 2023

Net Assets

Up

-$2,429

Up $574 (+19%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin50th percentile

Revenue

Up

$33,792

Up $23,048 (+215%) from 2023

Expenses

Up

$33,218

Up $24,447 (+279%) from 2023

Net Income

Down

$574

Down $1,399 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0-$10KAssets 2011: $8,178Net Assets 2011: $8,1782011Assets 2012: $7,653Liabilities 2012: $02012Assets 2013: $9,831Liabilities 2013: $0Net Assets 2013: $9,8312013Assets 2014: $18,791Liabilities 2014: $0Net Assets 2014: $18,7912014Assets 2015: $19,698Liabilities 2015: $0Net Assets 2015: $19,6982015Assets 2016: $20,938Liabilities 2016: $0Net Assets 2016: $20,9382016Assets 2017: $3,888Liabilities 2017: $0Net Assets 2017: $3,8882017Assets 2018: $7,165Liabilities 2018: $0Net Assets 2018: $7,1652018Assets 2019: $17Liabilities 2019: $3,049Net Assets 2019: -$3,0322019Assets 2020: $101Liabilities 2020: $0Net Assets 2020: $1012020Assets 2021: $8Liabilities 2021: $3,150Net Assets 2021: -$3,1422021Assets 2022: $0Liabilities 2022: $4,976Net Assets 2022: -$4,9762022Assets 2023: $23Liabilities 2023: $3,026Net Assets 2023: -$3,0032023Assets 2024: $300Liabilities 2024: $2,729Net Assets 2024: -$2,4292024

Highlighted filing

2024

Assets$300
Liabilities$2,729
Net Assets-$2,429
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $56,536Expenses 2011: $49,133Net Income 2011: $7,4032011Revenue 2012: $41,080Expenses 2012: $41,605Net Income 2012: -$5252012Revenue 2013: $53,000Expenses 2013: $50,822Net Income 2013: $2,1782013Revenue 2014: $54,445Expenses 2014: $45,485Net Income 2014: $8,9602014Revenue 2015: $34,444Expenses 2015: $33,537Net Income 2015: $9072015Revenue 2016: $31,860Expenses 2016: $30,620Net Income 2016: $1,2402016Revenue 2017: $52,551Expenses 2017: $50,625Net Income 2017: $1,9262017Revenue 2018: $41,050Expenses 2018: $37,773Net Income 2018: $3,2772018Revenue 2019: $22,739Expenses 2019: $32,936Net Income 2019: -$10,1972019Revenue 2020: $23,633Expenses 2020: $20,500Net Income 2020: $3,1332020Revenue 2021: $1,729Expenses 2021: $2,301Net Income 2021: -$5722021Revenue 2022: $5Expenses 2022: $1,839Net Income 2022: -$1,8342022Revenue 2023: $10,744Expenses 2023: $8,771Net Income 2023: $1,9732023Revenue 2024: $33,792Expenses 2024: $33,218Net Income 2024: $5742024

Highlighted filing

2024

Revenue$33,792
Expenses$33,218
Net Income$574
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$300
Liabilities
$2,729
Net assets
-$2,429
Revenue
$33,792
Expenses
$33,218
Net income
$574
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$2.73$2.43$33.8$33.2$0.57
2023Detailed filing. Detailed filing data is available for this year.$0.02$3.03$3.00$10.7$8.77$1.97
2022Detailed filing. Detailed filing data is available for this year.$0.00$4.98$4.98$0.01$1.84$1.83
2021Detailed filing. Detailed filing data is available for this year.$0.01$3.15$3.14$1.73$2.30$0.57
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$23.6$20.5$3.13
2019Detailed filing. Detailed filing data is available for this year.$0.02$3.05$3.03$22.7$32.9$10.2
2018Detailed filing. Detailed filing data is available for this year.$7.17$0.00$7.17$41.1$37.8$3.28
2017Detailed filing. Detailed filing data is available for this year.$3.89$0.00$3.89$52.6$50.6$1.93
2016Detailed filing. Detailed filing data is available for this year.$20.9$0.00$20.9$31.9$30.6$1.24
2015Detailed filing. Detailed filing data is available for this year.$19.7$0.00$19.7$34.4$33.5$0.91
2014Detailed filing. Detailed filing data is available for this year.$18.8$0.00$18.8$54.4$45.5$8.96
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$0.00$9.83$53.0$50.8$2.18
2012Summary only. Only limited summary data is available for this year.$7.65$0.00$41.1$41.6$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.18$8.18$56.5$49.1$7.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$33,792
Mission and Program Overview

Mission

The advancement of music educat

The advancement of music education

Program Services

DescriptionGrantsExpenses
EXISTS TO BRING HIGH CALIBER ARTISTS TO OUR REGION TO SUPPORT THE ADVANCEMENT OF MUSIC, FINE ARTS, AND THEATRICAL EDUCATION IN OUR COMMUNITY-$33,218
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VALERIE DAVIS BIBBSPresident-$0--
Filing and Contact Details

Filer

Filer Name
Great Sounds Promotions Inc
EIN
39-1873105
Phone
5635053703
Address
37223 W META WAY, MARICOPA, AZ 85138

Signing Officer

Name
Valerie Davis Bibbs
Title
President
Phone
5635053703
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Lloyd E Kent CPA
Address
4445 E HOLMES AVE STE 103, MESA, AZ 85206-3398
Preparer
Lloyd E Kent
Phone
4809813030
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 475 video/commercial 650 web design 200 bank charges 354 sales tax 2 software 244 travel 1,600 interest and finance charges 818 insurance 500 backline and instruments 1,250 contractors/production 9,000 misc event expenses 675 sound and lighting 2,250 sponsoring artists 10,700 total 28,718”

Form 990-ez, Part I, Line 20

“Net change in liabilities 0”

Form 990-ez, Part II, Line 26

“Wells fargo credit card 3,026 2,729”

Raw XML Appendix114 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0VALERIE DAVIS BIBBS
IRS990EZ/BooksInCareOfDetail/PhoneNum05635053703
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt037223 W META WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARICOPA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd085138
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0300
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt033792
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0574
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0300
IRS990EZ/GrossReceiptsAmt033792
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-3003
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2429
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-3003
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-2429
IRS990EZ/OccupancyRentUtltsAndMaintAmt0400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VALERIE DAVIS BIBBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt028718
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ADVANCEMENT OF MUSIC EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXISTS TO BRING HIGH CALIBER ARTISTS TO OUR REGION TO SUPPORT THE ADVANCEMENT OF MUSIC, FINE ARTS, AND THEATRICAL EDUCATION IN OUR COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt033218
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03026
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02729
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt033218
IRS990EZ/TotalProgramServiceExpensesAmt033218
IRS990EZ/TotalRevenueAmt033792
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010744
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt046270
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt046270
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01729
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt046270
IRS990ScheduleA/TotalSupportAmt046270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 475 VIDEO/COMMERCIAL 650 WEB DESIGN 200 BANK CHARGES 354 SALES TAX 2 SOFTWARE 244 TRAVEL 1,600 INTEREST AND FINANCE CHARGES 818 INSURANCE 500 BACKLINE AND INSTRUMENTS 1,250 CONTRACTORS/PRODUCTION 9,000 MISC EVENT EXPENSES 675 SOUND AND LIGHTING 2,250 SPONSORING ARTISTS 10,700 TOTAL 28,718
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NET CHANGE IN LIABILITIES 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WELLS FARGO CREDIT CARD 3,026 2,729
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VALERIE DAVIS BIBBS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05635053703
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT SOUNDS PROMOTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0391873105
ReturnHeader/Filer/PhoneNum05635053703
ReturnHeader/Filer/USAddress/AddressLine1Txt037223 W META WAY
ReturnHeader/Filer/USAddress/CityNm0MARICOPA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085138
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860689589
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LLOYD E KENT CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04445 E HOLMES AVE STE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MESA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0852063398
ReturnHeader/PreparerPersonGrp/PhoneNum04809813030
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LLOYD E KENT
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-13T13:11:14-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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