STRATEGY STUDIO / PUBLIC DATA EXPLORER

INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS INC (EIN 23-7139746)
Tax period
2023-08-01 to 2024-07-31
Filed
2025-04-15
IRS object ID
202521059349300232
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-15T08:56:30-05:00ReturnTs
Tax Period End2024-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351178661PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLUE & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112800 N MERIDIAN ST STE 400AddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237139746EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL VIOLIN COMPETITIONBusinessNameLine1Txt
Business Name Line2OF INDIANAPOLIS INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone3176374574PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line132 E WASHINGTON ST SUITE 1320AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGLEN KWOKPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3176374574PhoneNum
Signature2025-04-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCORY SCHUNEMANN CPAPreparerPersonNm
PTINP01866583PTIN
Phone3178488920PhoneNum
Preparation2025-04-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGLEN KWOKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line132 E WASHINGTON ST SUITE 1320AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,032,471GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VIOLIN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1971FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionUTILIZES ITS WORLD PROMINENCE TO BRING INTERNATIONAL ATTENTION TO INDIANAPOLIS, AND MAINTAINS ITS EFFORTS TO BE A VISIBLE AND COLLABORATIVE MEMBER OF THE ARTS COMMUNITIES IN INDIANAPOLIS AND INDIANA.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,016,916PYContributionsGrantsAmt
CY Contributions Grants$852,860CYContributionsGrantsAmt
PY Program Service Revenue$98,710PYProgramServiceRevenueAmt
CY Program Service Revenue$36,324CYProgramServiceRevenueAmt
PY Investment Income$4,882PYInvestmentIncomeAmt
CY Investment Income$65,888CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$11,487CYOtherRevenueAmt
PY Total Revenue$2,120,508PYTotalRevenueAmt
CY Total Revenue$943,585CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$592,681PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$614,040CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$389,208CYTotalFundraisingExpenseAmt
PY Other Expenses$1,507,832PYOtherExpensesAmt
CY Other Expenses$272,242CYOtherExpensesAmt
PY Total Expenses$2,100,513PYTotalExpensesAmt
CY Total Expenses$886,282CYTotalExpensesAmt
PY Revenues Less Expenses$19,995PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$57,303CYRevenuesLessExpensesAmt
Total Assets BOY$1,417,979TotalAssetsBOYAmt
Total Assets EOY$1,498,028TotalAssetsEOYAmt
Total Liabilities BOY$5,413TotalLiabilitiesBOYAmt
Total Liabilities EOY$28,159TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,412,566NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,469,869NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS (IVCI) RECOGNIZES, REWARDS AND PROMOTES THE WORLD'S FINEST YOUNG CLASSICAL VIOLINISTS AND ENCOURAGES UNDERSTANDING, APPRECIATION AND SUPPORT OF THE VIOLIN REPERTOIRE BY A LARGE AND DIVERSE AUDIENCE. THE IVCI UTILIZES ITS WORLD PROMINENCE TO BRING INTERNATIONAL ATTENTION TO INDIANAPOLIS, AND MAINTAINS ITS EFFORTS TO BE A VISIBLE AND COLLABORATIVE MEMBER OF THE ARTS COMMUNITIES IN INDIANAPOLIS AND INDIANA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$222,346ExpenseAmt
DescTHE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS FULFILLS ITS MISSION BY SPONSORING AND PRODUCING ONE OF THE WORLD'S LEADING VIOLIN COMPETITIONS ON A QUADRENNIAL BASIS, AND EDUCATION AND PUBLIC OUTREACH PROGRAMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$61,851ExpenseAmt
Revenue$36,324RevenueAmt
DescTHE IVCI LAUREATE SERIES FEATURES PAST PRIZE WINNERS AND GUESTS IN RECITAL AND IN CONCERT WITH AREA ENSEMBLES BRINGING THE EXCITEMENT OF THE COMPETITION BACK TO INDIANA ANNUALLY (SERVING APPROX. 2000 PEOPLE).Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$284,197TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri Discl0QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3176374574PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line132 E WASHINGTON ST STE 1320AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAWN BENNETT
SECRETARY1.00Yes (X)Yes (X)$0$0$0
STEVE HAMILTON
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MICHAEL MACLEAN
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
KURT TORNQUIST
TREASURER1.00Yes (X)Yes (X)$0$0$0
CHRISTINA ABOSSEDGH
BOARD MEMBER1.00Yes (X)$0$0$0
MARIO ARANGO
BOARD MEMBER1.00Yes (X)$0$0$0
SONIA ARNOLD
BOARD MEMBER1.00Yes (X)$0$0$0
DREW DUNHAM
BOARD MEMBER1.00Yes (X)$0$0$0
JULIA GARD
BOARD MEMBER1.00Yes (X)$0$0$0
TOBY GILL
BOARD MEMBER1.00Yes (X)$0$0$0
ROSALIE HELD
BOARD MEMBER1.00Yes (X)$0$0$0
STANTON JACOBS
BOARD MEMBER1.00Yes (X)$0$0$0
DANIEL KIM
BOARD MEMBER1.00Yes (X)$0$0$0
DEBORAH LOUGHREY
BOARD MEMBER1.00Yes (X)$0$0$0
ROXANNE MCGETTIGAN
BOARD MEMBER1.00Yes (X)$0$0$0
MONICA PETERSON
BOARD MEMBER1.00Yes (X)$0$0$0
GARY J REITER
BOARD MEMBER1.00Yes (X)$0$0$0
THERESA RHODES
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID P SCHURGER
BOARD MEMBER1.00Yes (X)$0$0$0
CHERYL STRAIN
BOARD MEMBER1.00Yes (X)$0$0$0
SUSAN BROCK WILLIAMS
BOARD MEMBER1.00Yes (X)$0$0$0
GLEN KWOK
EXECUTIVE DIRECTOR60.00Yes (X)$160,880$0$27,4101.00
MARY JANE SORBERA
DIR. OF DEVELOPMENT40.00$120,730$0$13,263Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$281,610TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$40,673TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$112,212FundraisingAmt
Government Grants$65,331GovernmentGrantsAmt
All Other Contributions$675,317AllOtherContributionsAmt
Noncash Contributions$47,863NoncashContributionsAmt
Total Contributions$852,860TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONCERTS AND COMPETITIDesc
Business711190BusinessCd
Total Revenue Column$36,324TotalRevenueColumnAmt
Related Or Exempt Func Income$36,324RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$36,324TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,888TotalRevenueColumnAmt
Exclusion$65,888ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$77,399FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$112,212ContriRptFundraisingEventAmt
Fundraising Direct Expenses$88,886FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$11,487TotalRevenueColumnAmt
Exclusion-$11,487ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$943,585TotalRevenueColumnAmt
Related Or Exempt Func Income$36,324RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$54,401ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$194,004TotalAmt
Program Services$58,201ProgramServicesAmt
Management And General$38,801ManagementAndGeneralAmt
Fundraising$97,002FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$335,485TotalAmt
Program Services$100,646ProgramServicesAmt
Management And General$67,097ManagementAndGeneralAmt
Fundraising$167,742FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,560TotalAmt
Program Services$5,268ProgramServicesAmt
Management And General$3,512ManagementAndGeneralAmt
Fundraising$8,780FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$31,730TotalAmt
Program Services$9,519ProgramServicesAmt
Management And General$6,346ManagementAndGeneralAmt
Fundraising$15,865FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$35,261TotalAmt
Program Services$10,578ProgramServicesAmt
Management And General$7,052ManagementAndGeneralAmt
Fundraising$17,631FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,342TotalAmt
Management And General$13,342ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,001TotalAmt
Program Services$3,001ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$36,296TotalAmt
Fundraising$36,296FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$48,364TotalAmt
Management And General$19,815ManagementAndGeneralAmt
Fundraising$28,549FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$47,972TotalAmt
Program Services$7,237ProgramServicesAmt
Management And General$40,735ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,057TotalAmt
Fundraising$9,057FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,822TotalAmt
Management And General$1,822ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,355TotalAmt
Management And General$14,355ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
ARTIST FEES$61,851$61,851
COMPETITION EXPENSES$12,584$12,584
MISC. EXPENSES$9,442$4,180$5,262
EDUCATIONAL PROGRAM EXP$6,121$6,121

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,035TotalAmt
Program Services$5,011ProgramServicesAmt
Fundraising$3,024FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$886,282TotalAmt
Program Services$284,197ProgramServicesAmt
Management And General$212,877ManagementAndGeneralAmt
Fundraising$389,208FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,904BOYAmt
EOY$25,809EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$414,348BOYAmt
EOY$205,247EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,294BOYAmt
EOY$256,767EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,375BOYAmt
EOY$1,431EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$52,579LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$45,153LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,058BOYAmt
EOY$7,426EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$950,000BOYAmt
EOY$1,001,348EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,417,979BOYAmt
EOY$1,498,028EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,413BOYAmt
EOY$28,159EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,413BOYAmt
EOY$28,159EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$369,366BOYAmt
EOY$123,975EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,043,200BOYAmt
EOY$1,345,894EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,412,566BOYAmt
EOY$1,469,869EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,417,979BOYAmt
EOY$1,498,028EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$57,303ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$570,520CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$694,853CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$642,570CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,016,916CurrentTaxYearMinus1YearAmt
Current Tax Year$852,860CurrentTaxYearAmt
Total$4,777,719TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$570,520CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$694,853CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$642,570CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,016,916CurrentTaxYearMinus1YearAmt
Current Tax Year$852,860CurrentTaxYearAmt
Total$4,777,719TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,578,220SubstantialContributorsTotAmt
Public Support Total170$3,199,499PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$32,503CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,750CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,896CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,882CurrentTaxYearMinus1YearAmt
Current Tax Year$65,888CurrentTaxYearAmt
Total$118,919TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$55,121CurrentTaxYearMinus2YearsAmt
Total$55,121TotalAmt
FieldValueIRS element (for citing)
Total Support$4,951,759TotalSupportAmt
Gross Receipts Rltd Activities$213,323GrossReceiptsRltdActivitiesAmt
Public Support CY1700.64610PublicSupportCY170Pct
Public Support PY1700.74980PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,961,110BeginningYearBalanceAmt
Contributions$930,973ContributionsAmt
Investment Earnings Or Losses$1,924,467InvestmentEarningsOrLossesAmt
Administrative Expenses$23,979AdministrativeExpensesAmt
End Year Balance$16,792,571EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,574,531BeginningYearBalanceAmt
Contributions$9,648ContributionsAmt
Investment Earnings Or Losses$780,031InvestmentEarningsOrLossesAmt
Grants Or Scholarships$375,000GrantsOrScholarshipsAmt
Administrative Expenses$28,100AdministrativeExpensesAmt
End Year Balance$13,961,110EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,015,561BeginningYearBalanceAmt
Contributions$126,600ContributionsAmt
Investment Earnings Or Losses-$459,948InvestmentEarningsOrLossesAmt
Other Expenditures$41,974OtherExpendituresAmt
Administrative Expenses$65,708AdministrativeExpensesAmt
End Year Balance$13,574,531EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,316,067BeginningYearBalanceAmt
Investment Earnings Or Losses$1,783,657InvestmentEarningsOrLossesAmt
Other Expenditures$24,395OtherExpendituresAmt
Administrative Expenses$59,768AdministrativeExpensesAmt
End Year Balance$14,015,561EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,157,780BeginningYearBalanceAmt
Investment Earnings Or Losses$370,547InvestmentEarningsOrLossesAmt
Other Expenditures$153,944OtherExpendituresAmt
Administrative Expenses$58,316AdministrativeExpensesAmt
End Year Balance$12,316,067EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.53842PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.46158TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,579OtherCostOrOtherBasisAmt
Depreciation$45,153DepreciationAmt
Book Value$7,426BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,426TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENT CERTIFICATE OF DEPOSITDesc
Book Value$1,001,348BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$1,001,348TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$984,608TotalRevEtcAuditedFinclStmtAmt
Other Revenue$41,023OtherRevenueAmt
Revenue Not Reported$41,023RevenueNotReportedAmt
Revenue Subtotal$943,585RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$943,585TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$927,305TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$41,023OtherExpensesIncludedAmt
Expenses Not Reported$41,023ExpensesNotReportedAmt
Expenses Subtotal$886,282ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$886,282TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE JOSEF GINGOLD FUND'S ENDOWMENT CONSISTS OF ONE INDIVIDUAL FUND ESTABLISHED EXCLUSIVELY FOR THE BENEFIT OF THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS. THE JOSEF GINGOLD FUND IS A TYPE II SUPPORTING ORGANIZATION OF THE IVCI, AS WELL AS A RELATED ORGANIZATION.
PART X, LINE 2:MANAGEMENT OF THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS TO ENSURE COMPLIANCE WITH THE EXEMPT PURPOSE OF THE ORGANIZATION AS REQUIRED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, INCLUDING CONSIDERATION OF ANY UNRELATED BUSINESS INCOME TAX. AS OF JULY 31, 2024, MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS TAKEN ANY TAX POSITIONS THAT ARE NOT IN COMPLIANCE WITH ITS EXEMPT PURPOSE. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS REMAIN OPEN AND SUBJECT TO EXAMINATION BEGINNING WITH THE TAX YEAR ENDED JULY 31, 2021.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 41,023.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 41,023.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1VIVA EVENTEvent1Nm
Gross Receipts Event1$189,611GrossReceiptsEvent1Amt
Charitable Contri Event1$112,212CharitableContriEvent1Amt
Gross Revenue Event1$77,399GrossRevenueEvent1Amt
Rent Facility Costs Event1$21,013RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$67,873OtherDirectExpensesEvent1Amt
Gross Receipts Total$189,611GrossReceiptsTotalAmt
Charitable Contributions Tot$112,212CharitableContributionsTotAmt
Gross Revenue Total Events$77,399GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$21,013RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$67,873OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$88,886DirectExpenseSummaryEventsAmt
Net Income Summary-$11,487NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonGLEN KWOKPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$156,880BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$4,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$9,653DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$17,757NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$188,290TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3 - RELATED ORG METHODS USED FOR COMPENSATION EXPLANATIONFormAndLineReferenceDesc
ExplanationEXECUTIVE COMMITTEE MEETS ANNUALLY TO REVIEW EACH EMPLOYEE'S PERFORMANCE AND DECIDES ON SALARY INCREASES AND/OR BONUSES. THE MEETING IS DOCUMENTED AND THE PRESIDENT OF THE BOARD COMMUNICATES IN WRITING TO THE EXECUTIVE DIRECTOR WITH THE DECISIONS.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonCHIH-YI CHENPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionWIFE OF AN OFFICER OF THE ORGANIZATIONRelationshipDescriptionTxt
Transaction$13,751TransactionAmt
TransactionPIANO PERFORMANCETransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescACTION ITEMSDesc
Contribution72ContributionCnt
Noncash Contributions Rpt F990$47,863NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4IN THE AMENDED BYLAWS OF NOVEMBER 28, 2023, A SIGNIFICANT CHANGE WAS MADE IN REGARD TO THE NUMBER OF BOARD OF DIRECTORS, ARTICLE 1, SECTION 1.2. IN THE PRIOR ITERATION THERE WAS NOT A MINIMUM OF BOARD MEMBERS WHILE THE NEW BYLAWS ESTABLISH A MINIMUM OF 18.
FORM 990, PART VI, SECTION B, LINE 11BTHE EXECUTIVE DIRECTOR, PRESIDENT, AND TREASURER REVIEW THE FORM 990 AND ADDRESS ANY CONCERNS AT THAT TIME.
FORM 990, PART VI, SECTION B, LINE 12CTHERE IS AN ANNUAL REVIEW OF THE CONFLICT OF INTEREST POLICY AND A SIGNATURE IS REQUIRED.
FORM 990, PART VI, SECTION B, LINE 15EXECUTIVE COMMITTEE MEETS ANNUALLY TO REVIEW EACH EMPLOYEE'S PERFORMANCE AND DECIDES ON SALARY INCREASES AND/OR BONUSES. THE MEETING IS DOCUMENTED AND THE PRESIDENT OF THE BOARD COMMUNICATES IN WRITING TO THE EXECUTIVE DIRECTOR WITH THE DECISIONS.
FORM 990, PART VI, SECTION C, LINE 19THEY ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1JOSEF GINGOLD FUND FOR THE INTERNATIONAL VIOLIN COMPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line132 E WASHINGTON ST STE 1320AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
EIN311134236EIN
Primary ActivitiesOPERATIONSPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12B, IIPublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE JOSEF GINGOLD FUND FOR THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeCTransactionTypeTxt
Involved$0InvolvedAmt
Method Of Amount DeterminationACTUAL COSTMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R - ADDITIONAL INFORMATIONFormAndLineReferenceDesc
ExplanationOPERATES PRIMARILY TO SUPPORT IVCI.ExplanationTxt