Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 93-4592355 • 501(c)3 • Austin, TX
Profile
In this pivotal moment in musical history, where the demand for streaming music is at an all-time high, musicians find themselves navigating new opportunities and challenges. With the surge in accessible music from streaming platforms, there's a parallel rise in the demand for recorded music. Recognizing this shift, "breathing music studio" is on a mission to uplift and educate the musicians of new york. We understand the distinct challenges that today's musicians face, especially in an industry that is constantly evolving, and where financial constraints can impede creative pursuits. In response to these challenges, our commitment is clear: we aim to make a positive impact on the musical community of ny; we provide musicians with a professional studio experience at an affordable cost, equipped with state-of-the-art facilities. Our commitment at "breathing music studio" goes beyond providing access to top-notch tools and spaces. We understand that the musical journey is dynamic, ever-c
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
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
86th percentile
Faster revenue growth than 86% of similar nonprofits.
Assets
Up$18,650
Up $13,040 (+232%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$18,650
Up $13,040 (+232%) from 2023
Revenue
Up$16,000
Up $6,000 (+60%) from 2023
Expenses
Down$2,960
Down $1,430 (-33%) from 2023
Net Income
Up$13,040
Up $7,430 (+132%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
In this pivotal moment in musical history, where the demand for streaming music is at an all-time high, musicians find themselves navigating new opportunities and challenges. With the surge in accessible music from streaming platforms, there's a parallel rise in the demand for recorded music. Recognizing this shift, "breathing music studio" is on a mission to uplift and educate the musicians of new york. We understand the distinct challenges that today's musicians face, especially in an industry that is constantly evolving, and where financial constraints can impede creative pursuits. In response to these challenges, our commitment is clear: we aim to make a positive impact on the musical community of ny; we provide musicians with a professional studio experience at an affordable cost, equipped with state-of-the-art facilities. Our commitment at "breathing music studio" goes beyond providing access to top-notch tools and spaces. We understand that the musical journey is dynamic, ever-c
| Description | Grants | Expenses |
|---|---|---|
| IN THIS PIVOTAL MOMENT IN MUSICAL HISTORY, WHERE THE DEMAND FOR STREAMING MUSIC IS AT AN ALL-TIME HIGH, MUSICIANS FIND THEMSELVES NAVIGATING NEW OPPORTUNITIES AND CHALLENGES. WITH THE SURGE IN ACCESSIBLE MUSIC FROM STREAMING PLATFORMS, THERE'S A PARALLEL RISE IN THE DEMAND FOR RECORDED MUSIC. RECOGNIZING THIS SHIFT, "BREATHING MUSIC STUDIO" IS ON A MISSION TO UPLIFT AND EDUCATE THE MUSICIANS OF NEW YORK. WE UNDERSTAND THE DISTINCT CHALLENGES THAT TODAY'S MUSICIANS FACE, ESPECIALLY IN AN INDUSTRY THAT IS CONSTANTLY EVOLVING, AND WHERE FINANCIAL CONSTRAINTS CAN IMPEDE CREATIVE PURSUITS. IN RESPONSE TO THESE CHALLENGES, OUR COMMITMENT IS CLEAR: WE AIM TO MAKE A POSITIVE IMPACT ON THE MUSICAL COMMUNITY OF NY; WE PROVIDE MUSICIANS WITH A PROFESSIONAL STUDIO EXPERIENCE AT AN AFFORDABLE COST, EQUIPPED WITH STATE-OF-THE-ART FACILITIES. OUR COMMITMENT AT "BREATHING MUSIC STUDIO" GOES BEYOND PROVIDING ACCESS TO TOP-NOTCH TOOLS AND SPACES. WE UNDERSTAND THAT THE MUSICAL JOURNEY IS DYNAMIC, EVER-CHANGING, AND CAN BE QUITE STRESSFUL. TO ADDRESS THIS, WE OFFER COMPREHENSIVE GUIDANCE AND TAILOR-MADE MENTORSHIP PROGRAMS THAT CATER TO THE SPECIFIC NEEDS OF ARTISTS IN THE NEW YORK MUSIC SCENE. WE EMPHASIZE THE IMPORTANCE OF MINDFULNESS WHEN MAKING MUSIC AND TAKING A DEEP BREATH AMIDST THE CHALLENGES, HENCE THE NAME "BREATHING MUSIC STUDIO". WE HOPE TO HELP MUSICIANS NOT ONLY STAY INFORMED AND ADAPT TO INDUSTRY CHANGES BUT ALSO TO PROMOTE A HEALTHY LIFESTYLE, AND MENTAL HEALTH FOR ALL MUSICIANS BY PROVIDING A FRIENDLY ENVIRONMENT AND A HOME-LIKE SPACE FOR THE ARTISTS. AT "BREATHING MUSIC STUDIO," WE STAND READY TO SUPPORT LOCAL MUSICIANS AT EVERY STAGE OF THEIR MUSICAL JOURNEY, BOTH PHYSICALLY AND MENTALLY. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| EDWARD LIM | President | PT | $0 | - | - |
| SONIA BIZE | CFO | PT | $0 | - | - |
| YURIM LEE | Treasurer | - | $0 | - | - |
“Expenses 311 bank service charge 135 non-investment depreciation 2,514 total 2,960”
“M & e - musical instrument 0 925 less accumulated depreciation 0 170 m & e - musical instrument 0 1,252 less accumulated depreciation 0 230 m & e - musical instrument 0 1,231 less accumulated depreciation 0 226 m & e - musical instrument 0 1,077 less accumulated depreciation 0 179 m & e - musical instrument 0 789 less accumulated depreciation 0 118 m & e - musical instrument 0 659 less accumulated depreciation 0 99 m & e - musical instrument 0 2,694 less accumulated depreciation 0 314 m & e - musical instrument 0 1,500 less accumulated depreciation 0 175 m & e - musical instrument 0 5,431 less accumulated depreciation 0 634 m & e - musical instrument 0 2,133 less accumulated depreciation 0 249 m & e - musical instrument 0 1,300 less accumulated depreciation 0 87 m & e - musical instrument 0 2,000 less accumulated depreciation 0 33 total 0 18,477”
“In this pivotal moment in musical history, where the demand for streaming music is at an all-time high, musicians find themselves navigating new opportunities and challenges. With the surge in accessible music from streaming platforms, there's a parallel rise in the demand for recorded music. Recognizing this shift, "breathing music studio" is on a mission to uplift and educate the musicians of new york. We understand the distinct challenges that today's musicians face, especially in an industry that is constantly evolving, and where financial constraints can impede creative pursuits. In response to these challenges, our commitment is clear: we aim to make a positive impact on the musical community of ny; we provide musicians with a professional studio experience at an affordable cost, equipped with state-of-the-art facilities. Our commitment at "breathing music studio" goes beyond providing access to top-notch tools and spaces. We understand that the musical journey is dynamic, ever-changing, and can be quite stressful. To address this, we offer comprehensive guidance and tailor-made mentorship programs that cater to the specific needs of artists in the new york music scene. We emphasize the importance of mindfulness when making music and taking a deep breath amidst the challenges, hence the name "breathing music studio". We hope to help musicians not only stay informed and adapt to industry changes but also to promote a healthy lifestyle, and mental health for all musicians by providing a friendly environment and a home-like space for the artists. At "breathing music studio," we stand ready to support local musicians at every stage of their musical journey, both physically and mentally.”
“In this pivotal moment in musical history, where the demand for streaming music is at an all-time high, musicians find themselves navigating new opportunities and challenges. With the surge in accessible music from streaming platforms, there's a parallel rise in the demand for recorded music. Recognizing this shift, "breathing music studio" is on a mission to uplift and educate the musicians of new york. We understand the distinct challenges that today's musicians face, especially in an industry that is constantly evolving, and where financial constraints can impede creative pursuits. In response to these challenges, our commitment is clear: we aim to make a positive impact on the musical community of ny; we provide musicians with a professional studio experience at an affordable cost, equipped with state-of-the-art facilities. Our commitment at "breathing music studio" goes beyond providing access to top-notch tools and spaces. We understand that the musical journey is dynamic, ever-changing, and can be quite stressful. To address this, we offer comprehensive guidance and tailor-made mentorship programs that cater to the specific needs of artists in the new york music scene. We emphasize the importance of mindfulness when making music and taking a deep breath amidst the challenges, hence the name "breathing music studio". We hope to help musicians not only stay informed and adapt to industry changes but also to promote a healthy lifestyle, and mental health for all musicians by providing a friendly environment and a home-like space for the artists. At "breathing music studio," we stand ready to support local musicians at every stage of their musical journey, both physically and mentally.”
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/PrimaryExemptPurposeTxt | 0 | IN THIS PIVOTAL MOMENT IN MUSICAL HISTORY, WHERE THE DEMAND FOR STREAMING MUSIC IS AT AN ALL-TIME HIGH, MUSICIANS FIND THEMSELVES NAVIGATING NEW OPPORTUNITIES AND CHALLENGES. WITH THE SURGE IN ACCESSIBLE MUSIC FROM STREAMING PLATFORMS, THERE'S A PARALLEL RISE IN THE DEMAND FOR RECORDED MUSIC. RECOGNIZING THIS SHIFT, "BREATHING MUSIC STUDIO" IS ON A MISSION TO UPLIFT AND EDUCATE THE MUSICIANS OF NEW YORK. WE UNDERSTAND THE DISTINCT CHALLENGES THAT TODAY'S MUSICIANS FACE, ESPECIALLY IN AN INDUSTRY THAT IS CONSTANTLY EVOLVING, AND WHERE FINANCIAL CONSTRAINTS CAN IMPEDE CREATIVE PURSUITS. IN RESPONSE TO THESE CHALLENGES, OUR COMMITMENT IS CLEAR: WE AIM TO MAKE A POSITIVE IMPACT ON THE MUSICAL COMMUNITY OF NY; WE PROVIDE MUSICIANS WITH A PROFESSIONAL STUDIO EXPERIENCE AT AN AFFORDABLE COST, EQUIPPED WITH STATE-OF-THE-ART FACILITIES. OUR COMMITMENT AT "BREATHING MUSIC STUDIO" GOES BEYOND PROVIDING ACCESS TO TOP-NOTCH TOOLS AND SPACES. WE UNDERSTAND THAT THE MUSICAL JOURNEY IS DYNAMIC, EVER-C |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN THIS PIVOTAL MOMENT IN MUSICAL HISTORY, WHERE THE DEMAND FOR STREAMING MUSIC IS AT AN ALL-TIME HIGH, MUSICIANS FIND THEMSELVES NAVIGATING NEW OPPORTUNITIES AND CHALLENGES. WITH THE SURGE IN ACCESSIBLE MUSIC FROM STREAMING PLATFORMS, THERE'S A PARALLEL RISE IN THE DEMAND FOR RECORDED MUSIC. RECOGNIZING THIS SHIFT, "BREATHING MUSIC STUDIO" IS ON A MISSION TO UPLIFT AND EDUCATE THE MUSICIANS OF NEW YORK. WE UNDERSTAND THE DISTINCT CHALLENGES THAT TODAY'S MUSICIANS FACE, ESPECIALLY IN AN INDUSTRY THAT IS CONSTANTLY EVOLVING, AND WHERE FINANCIAL CONSTRAINTS CAN IMPEDE CREATIVE PURSUITS. IN RESPONSE TO THESE CHALLENGES, OUR COMMITMENT IS CLEAR: WE AIM TO MAKE A POSITIVE IMPACT ON THE MUSICAL COMMUNITY OF NY; WE PROVIDE MUSICIANS WITH A PROFESSIONAL STUDIO EXPERIENCE AT AN AFFORDABLE COST, EQUIPPED WITH STATE-OF-THE-ART FACILITIES. OUR COMMITMENT AT "BREATHING MUSIC STUDIO" GOES BEYOND PROVIDING ACCESS TO TOP-NOTCH TOOLS AND SPACES. WE UNDERSTAND THAT THE MUSICAL JOURNEY IS DYNAMIC, EVER-CHANGING, AND CAN BE QUITE STRESSFUL. TO ADDRESS THIS, WE OFFER COMPREHENSIVE GUIDANCE AND TAILOR-MADE MENTORSHIP PROGRAMS THAT CATER TO THE SPECIFIC NEEDS OF ARTISTS IN THE NEW YORK MUSIC SCENE. WE EMPHASIZE THE IMPORTANCE OF MINDFULNESS WHEN MAKING MUSIC AND TAKING A DEEP BREATH AMIDST THE CHALLENGES, HENCE THE NAME "BREATHING MUSIC STUDIO". WE HOPE TO HELP MUSICIANS NOT ONLY STAY INFORMED AND ADAPT TO INDUSTRY CHANGES BUT ALSO TO PROMOTE A HEALTHY LIFESTYLE, AND MENTAL HEALTH FOR ALL MUSICIANS BY PROVIDING A FRIENDLY ENVIRONMENT AND A HOME-LIKE SPACE FOR THE ARTISTS. AT "BREATHING MUSIC STUDIO," WE STAND READY TO SUPPORT LOCAL MUSICIANS AT EVERY STAGE OF THEIR MUSICAL JOURNEY, BOTH PHYSICALLY AND MENTALLY. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 311 BANK SERVICE CHARGE 135 NON-INVESTMENT DEPRECIATION 2,514 TOTAL 2,960 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | M & E - MUSICAL INSTRUMENT 0 925 LESS ACCUMULATED DEPRECIATION 0 170 M & E - MUSICAL INSTRUMENT 0 1,252 LESS ACCUMULATED DEPRECIATION 0 230 M & E - MUSICAL INSTRUMENT 0 1,231 LESS ACCUMULATED DEPRECIATION 0 226 M & E - MUSICAL INSTRUMENT 0 1,077 LESS ACCUMULATED DEPRECIATION 0 179 M & E - MUSICAL INSTRUMENT 0 789 LESS ACCUMULATED DEPRECIATION 0 118 M & E - MUSICAL INSTRUMENT 0 659 LESS ACCUMULATED DEPRECIATION 0 99 M & E - MUSICAL INSTRUMENT 0 2,694 LESS ACCUMULATED DEPRECIATION 0 314 M & E - MUSICAL INSTRUMENT 0 1,500 LESS ACCUMULATED DEPRECIATION 0 175 M & E - MUSICAL INSTRUMENT 0 5,431 LESS ACCUMULATED DEPRECIATION 0 634 M & E - MUSICAL INSTRUMENT 0 2,133 LESS ACCUMULATED DEPRECIATION 0 249 M & E - MUSICAL INSTRUMENT 0 1,300 LESS ACCUMULATED DEPRECIATION 0 87 M & E - MUSICAL INSTRUMENT 0 2,000 LESS ACCUMULATED DEPRECIATION 0 33 TOTAL 0 18,477 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | IN THIS PIVOTAL MOMENT IN MUSICAL HISTORY, WHERE THE DEMAND FOR STREAMING MUSIC IS AT AN ALL-TIME HIGH, MUSICIANS FIND THEMSELVES NAVIGATING NEW OPPORTUNITIES AND CHALLENGES. WITH THE SURGE IN ACCESSIBLE MUSIC FROM STREAMING PLATFORMS, THERE'S A PARALLEL RISE IN THE DEMAND FOR RECORDED MUSIC. RECOGNIZING THIS SHIFT, "BREATHING MUSIC STUDIO" IS ON A MISSION TO UPLIFT AND EDUCATE THE MUSICIANS OF NEW YORK. WE UNDERSTAND THE DISTINCT CHALLENGES THAT TODAY'S MUSICIANS FACE, ESPECIALLY IN AN INDUSTRY THAT IS CONSTANTLY EVOLVING, AND WHERE FINANCIAL CONSTRAINTS CAN IMPEDE CREATIVE PURSUITS. IN RESPONSE TO THESE CHALLENGES, OUR COMMITMENT IS CLEAR: WE AIM TO MAKE A POSITIVE IMPACT ON THE MUSICAL COMMUNITY OF NY; WE PROVIDE MUSICIANS WITH A PROFESSIONAL STUDIO EXPERIENCE AT AN AFFORDABLE COST, EQUIPPED WITH STATE-OF-THE-ART FACILITIES. OUR COMMITMENT AT "BREATHING MUSIC STUDIO" GOES BEYOND PROVIDING ACCESS TO TOP-NOTCH TOOLS AND SPACES. WE UNDERSTAND THAT THE MUSICAL JOURNEY IS DYNAMIC, EVER-CHANGING, AND CAN BE QUITE STRESSFUL. TO ADDRESS THIS, WE OFFER COMPREHENSIVE GUIDANCE AND TAILOR-MADE MENTORSHIP PROGRAMS THAT CATER TO THE SPECIFIC NEEDS OF ARTISTS IN THE NEW YORK MUSIC SCENE. WE EMPHASIZE THE IMPORTANCE OF MINDFULNESS WHEN MAKING MUSIC AND TAKING A DEEP BREATH AMIDST THE CHALLENGES, HENCE THE NAME "BREATHING MUSIC STUDIO". WE HOPE TO HELP MUSICIANS NOT ONLY STAY INFORMED AND ADAPT TO INDUSTRY CHANGES BUT ALSO TO PROMOTE A HEALTHY LIFESTYLE, AND MENTAL HEALTH FOR ALL MUSICIANS BY PROVIDING A FRIENDLY ENVIRONMENT AND A HOME-LIKE SPACE FOR THE ARTISTS. AT "BREATHING MUSIC STUDIO," WE STAND READY TO SUPPORT LOCAL MUSICIANS AT EVERY STAGE OF THEIR MUSICAL JOURNEY, BOTH PHYSICALLY AND MENTALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IN THIS PIVOTAL MOMENT IN MUSICAL HISTORY, WHERE THE DEMAND FOR STREAMING MUSIC IS AT AN ALL-TIME HIGH, MUSICIANS FIND THEMSELVES NAVIGATING NEW OPPORTUNITIES AND CHALLENGES. WITH THE SURGE IN ACCESSIBLE MUSIC FROM STREAMING PLATFORMS, THERE'S A PARALLEL RISE IN THE DEMAND FOR RECORDED MUSIC. RECOGNIZING THIS SHIFT, "BREATHING MUSIC STUDIO" IS ON A MISSION TO UPLIFT AND EDUCATE THE MUSICIANS OF NEW YORK. WE UNDERSTAND THE DISTINCT CHALLENGES THAT TODAY'S MUSICIANS FACE, ESPECIALLY IN AN INDUSTRY THAT IS CONSTANTLY EVOLVING, AND WHERE FINANCIAL CONSTRAINTS CAN IMPEDE CREATIVE PURSUITS. IN RESPONSE TO THESE CHALLENGES, OUR COMMITMENT IS CLEAR: WE AIM TO MAKE A POSITIVE IMPACT ON THE MUSICAL COMMUNITY OF NY; WE PROVIDE MUSICIANS WITH A PROFESSIONAL STUDIO EXPERIENCE AT AN AFFORDABLE COST, EQUIPPED WITH STATE-OF-THE-ART FACILITIES. OUR COMMITMENT AT "BREATHING MUSIC STUDIO" GOES BEYOND PROVIDING ACCESS TO TOP-NOTCH TOOLS AND SPACES. WE UNDERSTAND THAT THE MUSICAL JOURNEY IS DYNAMIC, EVER-CHANGING, AND CAN BE QUITE STRESSFUL. TO ADDRESS THIS, WE OFFER COMPREHENSIVE GUIDANCE AND TAILOR-MADE MENTORSHIP PROGRAMS THAT CATER TO THE SPECIFIC NEEDS OF ARTISTS IN THE NEW YORK MUSIC SCENE. WE EMPHASIZE THE IMPORTANCE OF MINDFULNESS WHEN MAKING MUSIC AND TAKING A DEEP BREATH AMIDST THE CHALLENGES, HENCE THE NAME "BREATHING MUSIC STUDIO". WE HOPE TO HELP MUSICIANS NOT ONLY STAY INFORMED AND ADAPT TO INDUSTRY CHANGES BUT ALSO TO PROMOTE A HEALTHY LIFESTYLE, AND MENTAL HEALTH FOR ALL MUSICIANS BY PROVIDING A FRIENDLY ENVIRONMENT AND A HOME-LIKE SPACE FOR THE ARTISTS. AT "BREATHING MUSIC STUDIO," WE STAND READY TO SUPPORT LOCAL MUSICIANS AT EVERY STAGE OF THEIR MUSICAL JOURNEY, BOTH PHYSICALLY AND MENTALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
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