Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Institute for Creative Music
EIN 45-3533824 • 501(c)3 • Denton, TX
Profile
The teaching artists at the Institute for Creative Music are dedicated to applying their experiences as young performers working in a rapidly changing music scene to crafting a fresh vision for contemporary music education. Through programs that are accessible to students of all backgrounds and abilities, IfCM musicians bring not only their performance training at top-tier schools like Juilliard and the Eastman School of Music but also their familiarity with building multifaceted careers in the 21st-century music marketplace. Students benefit from active participation In unique, energetic IfCM learning experiences that emphasize strong musical fundamentals, the flexibility of improvisation, an understanding of current technologies, and peer-directed teamwork as the skills necessary to create their own musical mark on the world.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
61st percentile
Higher net margin than 61% 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
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Up$8,236
Up $4,714 (+134%) from 2021
Liabilities
Flat$0
Flat from 2021
Net Assets
Up$8,236
Up $4,714 (+134%) from 2021
Revenue
Up$41,772
Up $17,852 (+75%) from 2021
Expenses
Up$38,332
Up $18,139 (+90%) from 2021
Net Income
Down$3,440
Down $287 (-7.7%) from 2021
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $8,236
- Liabilities
- $0
- Net assets
- $8,236
- Revenue
- $41,772
- Expenses
- $38,332
- Net income
- $3,440
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Jul 31, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $41,772
Mission and Program Overview
Mission
The Institute for Creative Music is dedicated to building a fresh model for contemporary jazz education through integrative learning and performance experiences. Since 2011, the IfCM has been collaborating with schools, organizations, and individuals throughout the United States. Given the origins of jazz as Black American Music and its connections to the fight for social justice, our teaching aims to center not just the mechanics of the music, but its history, culture, and capacity to create change. Jazz and improvised music serve as inspiration for justice and equality through communication, collaboration, understanding, and the amplification of Black voices in American culture. IfCM ensembles, workshops, camps, and courses are intergenerational and accessible to students of all backgrounds and abilities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| During our calendar year of 2023, the Institute for Creative Music presented outreach and community concerts, trained our teachers, and presented group music classes and individual lessons. Our teachers participated in Zoom-based training with master teachers and met regularly for professional development sessions. Continuing to promote our Denton Jazz Workshops and Creative Music Kids classes and new private lessons through direct-to-school advertising has increased our connection to the community and increased our population of students across all programs. This fall we presented two community workshops, "Experiencing Jazz," with Dr. Kim Teal and the IfCM Collective and "Experiencing Creative Music" with composer Matthew Golombisky at the Denton Unitarian Universalist Fellowship. Matthew also worked with and performed alongside the Denton Jazz Workshops at the Denton Arts & Jazz Festival in October. We presented one community workshop this spring, "Denton Jazz Workshops Family Jam," with student performers at the Emily Fowler Central Library, a Creative Music Kids student recital at our studio at 2031 Malone Street, as well as a performance by the Denton Jazz Workshops at the Patterson-Appleton Arts Center. Our programs have connected with approximately 250 students, families, and community members this year. | $25,000 | $38,062 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Chris Teal | Executive Director | PT | $0 | - | - |
| Kim Teal | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Institute for Creative Music
- EIN
- 45-3533824
- Phone
- 5092300688
- Address
- 2031 Malone Street, Denton, TX 76201
Signing Officer
- Name
- Christopher Teal
- Title
- Co-Director
- Phone
- 5092300688
- Signed
- 2024-07-31
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Description;Amount^Advertising;1150|Equipment;3250|Instruments;4513|Insurance;270|Memberships;90|Method books;964|Professional Development;1675|T Shirts;216|Software;475|Travel;393^Total;12996^”
Form 990-EZ, Part I, Line 20
“Adjustment”
Raw XML Appendix193 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.
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Institute for Creative Music is dedicated to building a fresh model for contemporary jazz education through integrative learning and performance experiences. Since 2011, the IfCM has been collaborating with schools, organizations, and individuals throughout the United States. Given the origins of jazz as Black American Music and its connections to the fight for social justice, our teaching aims to center not just the mechanics of the music, but its history, culture, and capacity to create change. Jazz and improvised music serve as inspiration for justice and equality through communication, collaboration, understanding, and the amplification of Black voices in American culture. IfCM ensembles, workshops, camps, and courses are intergenerational and accessible to students of all backgrounds and abilities. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 58 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 15352 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | During our calendar year of 2023, the Institute for Creative Music presented outreach and community concerts, trained our teachers, and presented group music classes and individual lessons. Our teachers participated in Zoom-based training with master teachers and met regularly for professional development sessions. Continuing to promote our Denton Jazz Workshops and Creative Music Kids classes and new private lessons through direct-to-school advertising has increased our connection to the community and increased our population of students across all programs. This fall we presented two community workshops, "Experiencing Jazz," with Dr. Kim Teal and the IfCM Collective and "Experiencing Creative Music" with composer Matthew Golombisky at the Denton Unitarian Universalist Fellowship. Matthew also worked with and performed alongside the Denton Jazz Workshops at the Denton Arts & Jazz Festival in October. We presented one community workshop this spring, "Denton Jazz Workshops Family Jam," with student performers at the Emily Fowler Central Library, a Creative Music Kids student recital at our studio at 2031 Malone Street, as well as a performance by the Denton Jazz Workshops at the Patterson-Appleton Arts Center. Our programs have connected with approximately 250 students, families, and community members this year. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 38062 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
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| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 38332 |
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| IRS990EZ/TotalRevenueAmt | 0 | 41772 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.ifcmusic.org |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Advertising;1150|Equipment;3250|Instruments;4513|Insurance;270|Memberships;90|Method books;964|Professional Development;1675|T Shirts;216|Software;475|Travel;393^Total;12996^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Adjustment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 20 |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Christopher Teal |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Co-Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5092300688 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-07-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INSTITUTE FOR CREATIVE MUSIC |
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| ReturnHeader/Filer/EIN | 0 | 453533824 |
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| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-07-31T13:05:31-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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