Instinct Percussion

Schedule O:

“Instinct Percussion EIN: 99-3601645 Tax Year: September 1, 2024 - August 31, 2025. The total on Part I, Line 16, ?Other Expenses, consists primarily of program-related costs necessary to carry out the organizations exempt purpose, including competition circuit registration, liability insurance, participant travel, hotel, van rental, meals, uniforms, equipment maintenance, website maintenance, and supplies. Certain large equipment purchases with expected useful life beyond one year (e.g., sound equipment, drum set, vinyl floor) have been capitalized and reported as assets on Part II rather than as current year expenses. Part II, Line 24, ?Organizations share of assets, also includes donated equipment such as sound equipment and a computer. These assets support ongoing program activities and may be sold or replaced in future fiscal years. Total liabilities on Part II, Line 26, consist solely of unpaid expenses owed to individuals (e.g., staff and directors) that were incurred prior to the end of the fiscal year but are expected to be reimbursed in the following fiscal year; there are no outstanding loans, mortgages, or other obligations to creditors.”