Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
EIN 82-5396693 • 501(c)3 • Tacoma, WA
Profile
Music education.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 8.9% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Up$24,717
Up $13,411 (+119%) from 2023
Liabilities
Up$9,943
Up $8,045 (+424%) from 2023
Net Assets
Up$14,774
Up $5,366 (+57%) from 2023
Revenue
Down$96,512
Down $13,320 (-12%) from 2023
Expenses
Down$89,665
Down $37,755 (-30%) from 2023
Net Income
Up$6,847
Up $24,435 (+139%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.25 | $0.10 | $0.15 | $0.97 | $0.90 | $0.07 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.11 | $0.02 | $0.09 | $1.10 | $1.27 | $0.18 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.31 | $0.04 | $0.27 | $0.71 | $0.70 | $0.01 |
Music education.
| Description | Grants | Expenses |
|---|---|---|
| Produced 2,806 music lessons and classes for youth 0-18 and adults, attended by 4190 persons. | $3,500 | $160,812 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Svitlana Smaga | Board President | - | $8,550 | - | $8,550 |
| Christina Manetti | Board Director | - | $0 | - | - |
| Ganna Krupina | Board Director Secretary | - | $0 | - | - |
| Paul Walentynowycz | Vicepresident | - | $0 | - | - |
“Advertising and marketing - 1134”
“Bank charges and fees - 481”
“Credit card fees - 4043”
“Computers and internet - 2277”
“Depreciation expense - 563”
“Dues and subscriptions - 497”
“Insurance - 2023”
“Interest paid - 266”
“Licenses and permits - 20”
“meals and entertainment - 402”
“Office supplies - 172”
“Travel - 61”
“Accumulated depreciation - -2076”
“Prior period adjustment - 387”
“Retained revenue - 210”
“Security deposit - Beginning Of Year Amount: 600 End Of Year Amount:600”
“Undeposited funds - Beginning Of Year Amount: 0 End Of Year Amount:575”
“Accounts receivable - Beginning Of Year Amount: 0 End Of Year Amount:6280”
“Fixed assets - Beginning Of Year Amount: 933 End Of Year Amount:10371”
“Line of credit - Beginning Of Year Amount: 0 End Of Year Amount:8601”
“Credit card - Beginning Of Year Amount: 1487 End Of Year Amount:1342”
“Payroll liabilities - Beginning Of Year Amount: 380 End Of Year Amount:0”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Tacoma Music Academy |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2538447400 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1001 Yakima Ave |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | STE 14 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Tacoma |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98405 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8860 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6891 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5131 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 71147 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6847 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 26600 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 10393 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24717 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | -71147 |
| IRS990EZ/GrossReceiptsAmt | 0 | 167659 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9406 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 14774 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 8526 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 14774 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 41372 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 8550 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Svitlana Smaga |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Christina Manetti |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Ganna Krupina |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Paul Walentynowycz |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Board President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Board director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board director secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vicepresident |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1533 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 17826 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -1479 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11939 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Music education. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 162528 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Produced 2,806 music lessons and classes for youth 0-18 and adults, attended by 4190 persons. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 3500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 160812 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 9754 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | WA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1867 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 9943 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 89665 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 160812 |
| IRS990EZ/TotalRevenueAmt | 0 | 96512 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.tacomamusicacademy.com |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 43711 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 29568 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 43125 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 28182 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 26673 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 171259 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 123948 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 80264 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 55895 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 12345 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 2705 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 275157 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 446416 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 167659 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 109832 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99020 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 40527 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 29378 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 446416 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 167659 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 109832 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 99020 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 40527 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 29378 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 446416 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and marketing - 1134 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Bank charges and fees - 481 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Credit card fees - 4043 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Computers and internet - 2277 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Depreciation expense - 563 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Dues and subscriptions - 497 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Insurance - 2023 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Interest paid - 266 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Licenses and permits - 20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | meals and entertainment - 402 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Office supplies - 172 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Travel - 61 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Accumulated depreciation - -2076 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Prior period adjustment - 387 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Retained revenue - 210 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Security deposit - Beginning Of Year Amount: 600 End Of Year Amount:600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Undeposited funds - Beginning Of Year Amount: 0 End Of Year Amount:575 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Accounts receivable - Beginning Of Year Amount: 0 End Of Year Amount:6280 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Fixed assets - Beginning Of Year Amount: 933 End Of Year Amount:10371 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | Line of credit - Beginning Of Year Amount: 0 End Of Year Amount:8601 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | Credit card - Beginning Of Year Amount: 1487 End Of Year Amount:1342 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | Payroll liabilities - Beginning Of Year Amount: 380 End Of Year Amount:0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part I Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Part I Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part I Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Part II Line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | Part II Line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | Part II Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Svitlana Smaga |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Board President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2533203060 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Tacoma Music Academy |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TACO |
| ReturnHeader/Filer/EIN | 0 | 825396693 |
| ReturnHeader/Filer/PhoneNum | 0 | 2538447400 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1001 Yakima Ave s STE 14 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Tacoma |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 984054869 |
| ReturnHeader/ReturnTs | 0 | 2025-05-12T19:45:15-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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