Promusic Center Inc.

990EZ • Fiscal year 2011 • EIN 56-2106076

Jul 01, 2010 to Jun 30, 2011 • Filed on Mar 19, 2012

Organization Profile www.promusicconservatory.org

PO Box 734227895-7342

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2011 filings • NTEE A • <$500k nonprofits • Source year 2011

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2011 filings • NTEE A • <$500k nonprofits • Source year 2011

3.8%

Higher net margin than 56% of similar nonprofits.

2011 filings • NTEE A • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

28%

Faster asset growth than 76% of similar nonprofits.

2011 filings • NTEE A • <$500k nonprofits • Annualized from 2010 to 2011

-3.2%

Faster revenue growth than 46% of similar nonprofits.

2011 filings • NTEE A • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets45th percentile

Assets

$7,731

Up $1,670 (+28%) from 2010

Net Assets

$7,731

Up $1,670 (+28%) from 2010

Liabilities

Flat

Flat from 2010

Revenue And Expenses

Liabilities / Revenue47th percentile Net Margin56th percentile

Revenue

Down

$44,426

Down $1,445 (-3.2%) from 2010

Expenses

$42,756

Up $1,653 (+4.0%) from 2010

Net Income

Down

$1,670

Down $3,098 (-65%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

Highlighted filing

2011

Assets$7,731

Liabilities$0

Net Assets$7,731

Open 2011 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2011

Revenue$44,426

Expenses$42,756

Net Income$1,670

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2010 to Jun 30, 2011
Signed: Mar 19, 2012
Return Version: 2010v3.4

Mission and Program Overview

Mission

To provide professional training in the musical arts for the whole community regardless of age, ethnicity, or socioeconomic status.

Filing and Contact Details

Filer

EIN: 56-2106076

Raw XML Appendix267 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/OfficerDirectorTrusteeKeyEmpl/PersonName	1	Sandra Carter
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	Evon Wiley
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	Jack Jones
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	Kimberly Vandyk
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	Exec Director/CEO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	Board Member
IRS990EZ/OperatingSchool	0	0
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	0
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IRS990EZ/OtherAssetsTotal/BOY	0	650
IRS990EZ/OtherAssetsTotal/EOY	0	650
IRS990EZ/OtherChangesInNetAssets	0	0
IRS990EZ/OtherExpensesTotal	0	3516
IRS990EZ/OtherRevenueTotal	0	0
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	To provide professional training in the musical arts.
IRS990EZ/PrintingPublicationsPostage	0	4868
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	Music Instruction: Individual vocal and instrumental lessons, early childhood music enrichment classes and summer music camps. (63 clients)
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	1	Performing Arts Programs, Ensembles including childrens training and touring choirs and senior citizens tone chimes ensemble. (22 clients)
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	2	Chamber Music Programs: Concerts include student recitals, student and faculty showcase concerts, guest artist master classes and concerts, and Music Around Town concert series. (300 audience)
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	0
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IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine2	0	105 W Nash St
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IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	2522913386
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IRS990EZ/TotalProgramServiceExpenses	0	26487
IRS990EZ/TotalRevenue	0	44426
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990EZ/WebSite	0	www.promusicconservatory.org
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYear	0	0
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IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	16922
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	99842
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IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	22868
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IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	26063
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	30375
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	32511
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	135383
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYear	0	0
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IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years	0	0
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IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	49433
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IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	49433
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IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/CurrentTaxYearMinus2Years	0	0
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IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total	0	0
IRS990ScheduleO/GeneralExplanation/Explanation	0	This figure is for program expenses: Instruments - $50.00, Music - $160.05, Credit card interest and fees - $306.64, Children's Choir Tour expense - $3,000.
IRS990ScheduleO/GeneralExplanation/Explanation	1	Accounts Receivable
IRS990ScheduleO/GeneralExplanation/Explanation	2	Income reported on line 2 was from lesson/class/ensemble tuition.
IRS990ScheduleO/GeneralExplanation/Identifier	0	F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/Identifier	1	F99Z_P02_S00_L24
IRS990ScheduleO/GeneralExplanation/Identifier	2	F99Z_P05_S00_L35
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Form 990-EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Form 990-EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	Form 990-EZ, Part V, Line 35
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	562106076
ReturnHeader/Filer/Name/BusinessNameLine1	0	PROMUSIC CENTER INC
ReturnHeader/Filer/NameControl	0	PROM
ReturnHeader/Filer/Phone	0	2522913386
ReturnHeader/Filer/USAddress/AddressLine1	0	PO Box 7342
ReturnHeader/Filer/USAddress/City	0	Wilson
ReturnHeader/Filer/USAddress/State	0	NC
ReturnHeader/Filer/USAddress/ZIPCode	0	278957342
ReturnHeader/Officer/DateSigned	0	2012-03-19
ReturnHeader/Officer/Name	0	Gayla Turk
ReturnHeader/Officer/Phone	0	2522913386
ReturnHeader/Officer/Title	0	Executive Director
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2010-07-01
ReturnHeader/TaxPeriodEndDate	0	2011-06-30
ReturnHeader/TaxYear	0	2010
ReturnHeader/Timestamp	0	2012-03-19T16:25:08-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $7,731
Liabilities: $0
Net assets: $7,731
Revenue: $44,426
Expenses: $42,756
Net income: $1,670

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.11	$0.00	$0.11	$0.36	$0.37	$0.01
2024Detailed filing. Detailed filing data is available for this year.	$0.13	$0.00	$0.13	$0.32	$0.38	$0.06
2023Detailed filing. Detailed filing data is available for this year.	$0.20	$0.00	$0.20	$0.50	$0.41	$0.09
2022Detailed filing. Detailed filing data is available for this year.	$0.11	$0.00	$0.11	$0.49	$0.42	$0.07
2021Detailed filing. Detailed filing data is available for this year.	$0.03	$0.00	$0.03	$0.32	$0.35	$0.02
2020Detailed filing. Detailed filing data is available for this year.	$0.08	$0.00	$0.08	$0.36	$0.33	$0.02
2019Detailed filing. Detailed filing data is available for this year.	$0.06	$0.00	$0.06	$0.37	$0.38	$0.01
2018Detailed filing. Detailed filing data is available for this year.	$0.08	$0.00	$0.08	$0.40	$0.37	$0.03
2017Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.34	$0.34	$0.00
2016Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.44	$0.43	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$0.02	$0.00	$0.02	$0.44	$0.48	$0.04
2014Detailed filing. Detailed filing data is available for this year.	$0.06	$0.00	$0.06	$0.41	$0.36	$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.02	$0.00	$0.02	$0.28	$0.27	$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.02	$0.00	$0.02	$1.07	$1.14	$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.08	$0.00	$0.08	$0.44	$0.43	$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.06	$0.00	$0.06	$0.46	$0.41	$0.05