IAM MUSIC INC: Form 990EZ, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- IAM MUSIC INC (EIN 46-4504205)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-21
- IRS object ID
- 201821419349201052
- Schema version
- 2017v2.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-21T14:15:27-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICKEY RAMSEY CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1130 MAIN AVENUE 2ND FLR | AddressLine1Txt |
| City | DURANGO | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464504205 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IAM Music Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IAMM | BusinessNameControlTxt |
| Phone | 9707997450 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1315 Main | AddressLine1Txt |
| City | Durango | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSE OGLE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9707997450 | PhoneNum |
| Signature | 2018-04-25 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICKEY RAMSEY | PreparerPersonNm |
| PTIN | P00365695 | PTIN |
| Phone | 9703851740 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $156,186 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $47,464 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $73,158 | ProgramServiceRevenueAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Investment Income | $1 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $737 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $737 | GainOrLossFromSaleOfAssetsAmt |
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $34,826 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $27,802 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $7,024 | SpecialEventsNetIncomeLossAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $128,384 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $85,686 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $6,177 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $19,289 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $3,337 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $14,349 | OtherExpensesTotalAmt |
| Total Expenses | $128,838 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$454 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $5,103 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,649 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,204 | BOYAmt |
| EOY | $2,715 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,311 | BOYAmt |
| EOY | $1,221 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,657 | BOYAmt |
| EOY | $1,657 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,172 | BOYAmt |
| EOY | $5,593 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,069 | BOYAmt |
| EOY | $944 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,103 | BOYAmt |
| EOY | $4,649 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Muscial Education | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Development and execution of educational musical programs for over 300 children. Musical education is provided to children at 5 schools that offer limited music programs Private lessons and instrument rental are given at a greatly reduced price. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $128,838 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $128,838 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| JESSE OGLE | ||
| President | 4.00 | $0 |
| TRENT PORTER | ||
| Treasurer | 1.00 | $0 |
| MONIQUE DIGIORGIO | ||
| Secretary | 1.00 | $0 |
| WENDY GRANT | ||
| Director | 1.00 | $0 |
| MARGY DUDLEY | ||
| Director | 1.00 | $0 |
| NATHAN BECK | ||
| Director | 1.00 | $0 |
| STUART WAY | ||
| Director | 1.00 | $0 |
| ELAINE CHICK | ||
| Director | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSE OGLE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1315 Main Suite 207 | AddressLine1Txt |
| City | Durango | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9707997450 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
| Public Support Total170 | $0 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY170 | 0 | PublicSupportCY170Pct |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $751 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,760 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,531 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,464 | CurrentTaxYearAmt |
| Total | $99,506 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $45,906 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $128,986 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $113,562 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $73,895 | CurrentTaxYearAmt |
| Total | $362,349 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $46,657 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $155,746 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $138,093 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $121,359 | CurrentTaxYearAmt |
| Total | $461,855 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $461,855 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $2 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $2 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $461,857 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Festival | Event1Nm |
| Gross Receipts Event1 | $33,616 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $33,616 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $27,802 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $33,616 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $33,616 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $27,802 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $27,802 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $5,814 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (20 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990EZ, Part I, Line 16 | Advertising 1574. |
| Form 990EZ, Part I, Line 16 | Books, Subs 233. |
| Form 990EZ, Part I, Line 16 | Music Supplies 2551. |
| Form 990EZ, Part I, Line 16 | Meetings 548. |
| Form 990EZ, Part I, Line 16 | Supplies 3237. |
| Form 990EZ, Part I, Line 16 | Telephone, communications 1728. |
| Form 990EZ, Part I, Line 16 | Insurance 1656. |
| Form 990EZ, Part I, Line 16 | Meals 372. |
| Form 990EZ, Part I, Line 16 | Internet/Website 527. |
| Form 990EZ, Part I, Line 16 | Postage 90. |
| Form 990EZ, Part I, Line 16 | Credit Card Fees 550. |
| Form 990EZ, Part I, Line 16 | Parking/Fuel/Mileage 105. |
| Form 990EZ, Part I, Line 16 | Show Expenses 350. |
| Form 990EZ, Part I, Line 16 | Depreciation 90. |
| Form 990EZ, Part I, Line 16 | Equipment Rent 665. |
| Form 990EZ, Part I, Line 16 | Fees 60. |
| Form 990EZ, Part I, Line 16 | Research 13. |
| Form 990EZ, Part II, Line 24 | Due From 1067. 1067. |
| Form 990EZ, Part II, Line 24 | Utilities Deposit 590. 590. |
| Form 990EZ, Part II, Line 26 | Due to 3069. 944. |