Promusic Center Inc.

990EZ • Fiscal year 2013 • EIN 56-2106076

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 09, 2014

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.

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

0.00x

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

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

1.2%

Higher net margin than 49% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

6.4%

Faster asset growth than 58% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Annualized from 2012 to 2013

-74%

Faster revenue growth than 4% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets47th percentile

Assets

$1,654

Up $99 (+6.4%) from 2012

Net Assets

$1,654

Up $99 (+6.4%) from 2012

Liabilities

Flat

Flat from 2012

Revenue And Expenses

Liabilities / Revenue48th percentile Net Margin49th percentile

Revenue

Down

$27,727

Down $79,663 (-74%) from 2012

Expenses

Down

$27,403

Down $86,813 (-76%) from 2012

Net Income

$324

Up $7,150 (+105%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

Highlighted filing

2013

Assets$1,654

Liabilities$0

Net Assets$1,654

Open 2013 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2013

Revenue$27,727

Expenses$27,403

Net Income$324

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Feb 9, 2014
Return Version: 2012v2.0

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 Appendix255 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	Linda Foster
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	Evon Lathan
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	Elisabed Serrano
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	Alberta Dogbe
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	Marty Stebbins
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/OfficerDirectorTrusteeKeyEmpl/Title	5	Board Member
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IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	0
IRS990EZ/OrganizationHadUBI	0	0
IRS990EZ/OtherAssetsTotal/BOY	0	810
IRS990EZ/OtherAssetsTotal/EOY	0	585
IRS990EZ/OtherChangesInNetAssets	0	-225
IRS990EZ/OtherExpensesTotal	0	900
IRS990EZ/OtherRevenueTotal	0	0
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
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IRS990EZ/PrintingPublicationsPostage	0	3878
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	Music Instruction: Individual vocal and instrumental lessons, early childhood music enrichment classes and summer music camps. (53 clients)
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	1	Performing Arts Programs, Children's Touring Choir - last minute expenses for tour to Ireland July 2012. (16 students)
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	2	Chamber Music Programs: Concerts include student recitals, student and faculty showcase concerts, guest artist master class and concert. (175 audience)
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	0
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	1	0
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	2	600
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IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	1	1000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	2	1050
IRS990EZ/ProgramServiceRevenue	0	17241
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IRS990EZ/ScheduleBNotRequired	0	X
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IRS990EZ/SubjectToProxyTax	0	0
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IRS990EZ/TaxImposedUnderIRC4912	0	0
IRS990EZ/TaxImposedUnderIRC4955	0	0
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	PO Box 7342
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine2	0	105 W Nash St
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	Wilson
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	NC
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	278957342
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	Gayla Turk
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	2522913386
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IRS990EZ/TotalRevenue	0	27727
IRS990EZ/TransactionWithControlEntity	0	0
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990EZ/WebSite	0	www.promusicconservatory.org
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYear	0	0
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IRS990ScheduleO/GeneralExplanation/Explanation	0	Legal and Accounting fees, credit card and vendor accounts interest, fund raising expenses
IRS990ScheduleO/GeneralExplanation/Explanation	1	Credit to Accounts Receivable
IRS990ScheduleO/GeneralExplanation/Explanation	2	Accounts receivable
IRS990ScheduleO/GeneralExplanation/Identifier	0	F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/Identifier	1	F99Z_P01_S00_L20
IRS990ScheduleO/GeneralExplanation/Identifier	2	F99Z_P02_S00_L24
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Form 990-EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Form 990-EZ, Part I, Line 20
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	Form 990-EZ, Part II, Line 24
ReasonableCauseExplanation/Explanation	0	Received approval for a three-month extension.
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
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	2014-02-09
ReturnHeader/Officer/Name	0	Gayla Turk
ReturnHeader/Officer/Phone	0	2522913386
ReturnHeader/Officer/Title	0	Executive Director
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2014-02-10T12:31:47-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $1,654
Liabilities: $0
Net assets: $1,654
Revenue: $27,727
Expenses: $27,403
Net income: $324

	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