Sound Principles
- Assets
- $37.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 82-3029252
Organization Overview
Sound Principles is located in Falls Church, VA. The organization was established in 2017. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sound Principles is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sound Principles generated $90.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.1%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DUE TO THE DEATH OF THE MAIN PROVIDER OF EDUCATION AND INSTRUCTION, THE ORGANIZATION WAS DORMANT IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krishna Kali Roy President | 5 | $0 | |
Helen Chamberlin Secretary | 2 | $0 | |
Teresa Gibbs Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $96 |
| Total expenses | $96 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37 |
| Other assets | $0 |
| Total assets | $37 |
| Total liabilities | $0 |
| Net assets or fund balances | $37 |