Institute For Music Evolution
- Assets
- $10.7k
- Revenue
- $28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Mcallen, TX
- Founding
- Data as of
- 12/2023
- EIN
- 92-1985781
Organization Overview
Institute For Music Evolution is located in Mcallen, TX. 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. Institute For Music Evolution is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUND BIRTH FESTIVALAN ANNUAL 4-WEEK MUSIC INTENSIVE FESTIVAL WHICH PROVIDES MUSIC LESSONS ON IMPROVISATION, COMPOSITION, MUSIC THEORY, AND PERFORMANCE.
PUBLIC CONCERTSPUBLIC CONERTS ARE HELD THROUGH COLLABORATION WITH DIFFERENT MUSICIANS, RANGING FROM RGV TO NEW YORK, TO REFLECT ON MUSIC TRADITIONS THAT ARE INTEGRATED IN EVERYDAY LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luis Mcdougal President | 10 | $2,137 | |
Jose Eduardo Munoz Vice President | 10 | $2,363 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,430 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $530 |
| Total Revenue | $27,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $505 |
| Printing and publications | $0 |
| Other expenses | $11,734 |
| Total operating and administrative expenses | $16,739 |
| Contributions, gifts, grants paid | $550 |
| Total expenses and disbursements | $17,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,671 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,671 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |