Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 83-2858437 • 501(c)3 • Olympia, WA
Profile
We teach music lessons and classes as well as hold performances for our community because we believe that we learn music to share it. This benefits the students who are mostly children, builds confidence, and gives families a fun experience to share. Over the past year we have helped some students who could not afford lessons as well as worked with Treehouse for Kids to offer lessons to a student who was in the foster care system.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 27.5% of source-year revenue.
Asset Growth
62nd percentile
Faster asset growth than 62% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Up$13,311
Up $617 (+4.9%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$13,311
Up $617 (+4.9%) from 2023
Revenue
Up$190,228
Up $47,628 (+33%) from 2023
Expenses
Up$189,611
Up $46,046 (+32%) from 2023
Net Income
Up$617
Up $1,582 (+164%) 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. | $0.13 | $0.13 | $1.90 | $1.90 | $0.01 | |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.13 | $0.13 | $1.43 | $1.44 | $0.01 | |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.14 | $0.14 | $1.01 | $0.89 | $0.12 | |
We teach music lessons and classes as well as hold performances for our community because we believe that we learn music to share it. This benefits the students who are mostly children, builds confidence, and gives families a fun experience to share. Over the past year we have helped some students who could not afford lessons as well as worked with Treehouse for Kids to offer lessons to a student who was in the foster care system.
We give private music lessons and classes to students, especially children, in our area. We then afford these students opportunities to perform in public to share their music with the community, friends, and family. This year we have started a more aggressive approach to seeking students who cannot afford lessons and have reached out to schools, local organizations like the youth center in Olympia, WA, as well as posted signs up at our mall location. We have a goal of signing on a large number of new students this year who will get large discounts for their lessons while still being able to participate in our activities and performances. Central to our work is that music is more than just an academic experience or cerebral, but it is communal and social. It is very human and so we strive to be able to bring that to everyone we can, regardless of their ability to pay.
| Description | Grants | Expenses |
|---|---|---|
| We continue to offer wonderful music lessons and classes to students, including those who cannot afford them. We use our resources to locate and rent a performance hall, pay for an accompanist if needed, all so that the burden of paying for the experience is lifted. | $0 | $3,235 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shawn R Meloy | President | FT | $52,313 | - | $52,313 |
| Sandra Halstrom | Secretary | PT | $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/BenefitsPaidToOrForMembersAmt | 0 | 52313 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Shawn R Meloy |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3608783566 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 524 Jefferson St SE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Olympia |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98501 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 12694 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13311 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/CompensationAmt | 0 | 36839 |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/PersonNm | 0 | Pat Kilmer |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt | 0 | Music Lessons |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/AddressLine1Txt | 0 | 1715 Bigelow Ave NE |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/CityNm | 0 | Olympia |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/ZIPCd | 0 | 98506 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 4300 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 617 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 76932 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 12694 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 13311 |
| IRS990EZ/GrossReceiptsAmt | 0 | 22892 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 12694 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 13311 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 12694 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 13311 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 45150 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 52313 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Shawn R Meloy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Sandra Halstrom |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15216 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | We give private music lessons and classes to students, especially children, in our area. We then afford these students opportunities to perform in public to share their music with the community, friends, and family. This year we have started a more aggressive approach to seeking students who cannot afford lessons and have reached out to schools, local organizations like the youth center in Olympia, WA, as well as posted signs up at our mall location. We have a goal of signing on a large number of new students this year who will get large discounts for their lessons while still being able to participate in our activities and performances. Central to our work is that music is more than just an academic experience or cerebral, but it is communal and social. It is very human and so we strive to be able to bring that to everyone we can, regardless of their ability to pay. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 185928 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | We continue to offer wonderful music lessons and classes to students, including those who cannot afford them. We use our resources to locate and rent a performance hall, pay for an accompanist if needed, all so that the burden of paying for the experience is lifted. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3235 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 189611 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 3235 |
| IRS990EZ/TotalRevenueAmt | 0 | 190228 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.soundstudiosolympia.org |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Shawn R Meloy |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3607062625 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-07-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOUND STUDIOS OLYMPIA |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOUN |
| ReturnHeader/Filer/EIN | 0 | 832858437 |
| ReturnHeader/Filer/PhoneNum | 0 | 3607062625 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 524 Jefferson St SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Olympia |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 98501 |
| ReturnHeader/ReturnTs | 0 | 2024-08-01T16:48:11Z |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-07-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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