Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Ovation Academy of Performing Arts
990EZ • Fiscal year 2018 • EIN 82-5263677
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% 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.
Balance Sheet
Assets
$7,822
No earlier filing loaded for comparison.
Net Assets
$7,456
No earlier filing loaded for comparison.
Liabilities
$366
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$8,864
No earlier filing loaded for comparison.
Expenses
$1,408
No earlier filing loaded for comparison.
Net Income
$7,456
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2017 to Jul 31, 2018
- Signed
- Apr 8, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $8,864
Mission and Program Overview
Mission
Ovation academy was founded to provide a home for performers to pursue their passion of the arts through professional style training which provides the technique, life-skills, experiences, and connections necessary to succeed in the industry. Ovation academy strives to produce knowledgable, respectful, empathetic, and impactful artists who will positively contribute to their communities and the performing arts industry.
Ovation Academy was founded to provide a home for performers to pursue their passion of the Arts through professional style training which provides the technique, life-skills, experiences and connections necessary to succeed in the industry. We focus on each individual student and their unique journey. Ovation Academy strives to produce knowledgeable, respectful, empathetic and impactful artists who will contribute to their communities and to the performing arts industry.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Full-Immersion Arts Education (Including Dance, Theatre, and Music programs ) Allows students to participate and develop skills in their program of interest and also we help students complete home-school curriculum. To date we have had 44 students enroll and take classes in one of these programs. | $0 | $1,408 |
| Competitive Acting Troupe: 34 Students participated in the Annual Thespian festival at Gaylord Texan Resort 11.15.18 - 11.17.18 put on by the International Thespian Society. Students have opportunity to compete take classes to better their skills | $0 | $0 |
| Homeschool Programs: Students may select from classes including; Ballet, Jazz, Tap, Contemporary, Hip-Hop, Music, Visual Arts, Acting and Musical Theater. Students may take the full Elementary Homeschool program which includes 10 classes or they may register for individual courses. Our Elementary program classes are not separated by skill level but include students from Kindergarten through 5th grade. It is designed to provide an introduction into Conservatory style learning and build foundational techniques as well as provide a social opportunity for homeschooled youth. Lessons are modified by skill within each class by the instructor. To date we have had 14 students enroll and take classes in one of these programs. | $0 | $0 |
| Adult Training Courses - No students as of yet | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Angie Burns | Ovation Executive Director | PT | $1 | - | $1 |
| Roger Wilcox | Director Of Finance | PT | $0 | - | - |
| Katie Rienstra | Board Member | FT | $0 | - | - |
| Marta Jones | Director Of Academics | PT | $0 | - | - |
| Sarah Hendricks | Director Of Dance | PT | $0 | - | - |
| Amy Austin | Director Of Music | PT | $0 | - | - |
| Kyle Januszewski | Academy Director | FT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ovation Academy of Performing Arts
- EIN
- 82-5263677
- In Care Of
- % Angie Burns
- Phone
- 4696673082
- Address
- 111 N Tennessee St, McKinney, TX 75069
Signing Officer
- Name
- Roger Wilcox
- Title
- Director of Finance
- Phone
- 4696673082
- Signed
- 2019-04-08
Supplemental Narrative
Additional Explanations
Doing Business As Names
“Ovation Academy”
Part I, line 16
“| Other Expenses:, Amount:| Hardware Stores, $184.00| Membership Dues: McKinney Chamber of Commerce, $580.00| Car & Truck: Uhaul, $71.00| Bank/CC Charges, $133.00|”
Part II, line 24
“| Asset Name:, BOY Amount:, EOY Amount:| Accounts Receiveable, 0, $1195| Undeposited Funds, 0, $515| Fixtures Furniture and Equipment, 0, $1324|”
Part II, line 26
“| Liabilities Name:, BOY Amount:, EOY Amount:| Loans Payable, 0, $366|”
Raw XML Appendix180 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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|---|---|---|
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Kyle Januszewski |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Academy Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3034 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 968 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Ovation Academy was founded to provide a home for performers to pursue their passion of the Arts through professional style training which provides the technique, life-skills, experiences and connections necessary to succeed in the industry. We focus on each individual student and their unique journey. Ovation Academy strives to produce knowledgeable, respectful, empathetic and impactful artists who will contribute to their communities and to the performing arts industry. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 439 |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Competitive Acting Troupe: 34 Students participated in the Annual Thespian festival at Gaylord Texan Resort 11.15.18 - 11.17.18 put on by the International Thespian Society. Students have opportunity to compete take classes to better their skills |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Homeschool Programs: Students may select from classes including; Ballet, Jazz, Tap, Contemporary, Hip-Hop, Music, Visual Arts, Acting and Musical Theater. Students may take the full Elementary Homeschool program which includes 10 classes or they may register for individual courses. Our Elementary program classes are not separated by skill level but include students from Kindergarten through 5th grade. It is designed to provide an introduction into Conservatory style learning and build foundational techniques as well as provide a social opportunity for homeschooled youth. Lessons are modified by skill within each class by the instructor. To date we have had 14 students enroll and take classes in one of these programs. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Adult Training Courses - No students as of yet |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
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| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 1408 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1408 |
| IRS990EZ/TotalRevenueAmt | 0 | 8864 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1324 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1324 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1324 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1324 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1324 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 45000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Ovation Expenses for New Building and Supplies and Lease |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Director of Finance |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 45000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Ovation Academy |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| Hardware Stores, $184.00| Membership Dues: McKinney Chamber of Commerce, $580.00| Car & Truck: Uhaul, $71.00| Bank/CC Charges, $133.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Asset Name:, BOY Amount:, EOY Amount:| Accounts Receiveable, 0, $1195| Undeposited Funds, 0, $515| Fixtures Furniture and Equipment, 0, $1324| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Liabilities Name:, BOY Amount:, EOY Amount:| Loans Payable, 0, $366| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Doing Business As Names |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Roger Wilcox |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director of Finance |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4696673082 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-04-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Ovation Academy of Performing Arts |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OVAT |
| ReturnHeader/Filer/EIN | 0 | 825263677 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Angie Burns |
| ReturnHeader/Filer/PhoneNum | 0 | 4696673082 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 111 N Tennessee St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | McKinney |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75069 |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 99.147.137.255 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-04-08 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/ReturnTs | 0 | 2019-04-08T08:42:18-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-07-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,822
- Liabilities
- $366
- Net assets
- $7,456
- Revenue
- $8,864
- Expenses
- $1,408
- Net income
- $7,456