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Nonprofit · EIN 02-0687805

INSTITUTE OF MUSIC FOR CHILDREN INC

Tax-exempt · ELIZABETH, NJ 07208

Financials

$1.4M$1.5M2022$2.4M$1.7M2023$4M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE OF MUSIC FOR CHILDREN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$3,975,015$1,922,425$2,052,590$12,428,624$3,687,833$8,740,791
September 30, 2024990$2,404,769$1,652,037$752,732$9,014,870$2,385,438$6,629,432
September 30, 2023990$1,424,585$1,494,267-$69,682$5,889,225$184,633$5,704,592
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$2,755,032
of which government grants
$1,982,553
Program service revenue
$1,066,447
Investment income
$112,724
Net rental income
$36,000
Net gain from sales of assets
$22,711
Other revenue
$40,812

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$111,241
Other salaries and wages
$1,119,797
Salaries, compensation and benefits (total)
$1,448,083
Professional fundraising fees
$0
Accounting fees
$49,700
Occupancy
$109,957
Travel
$2,036
Depreciation
$62,417
Program services (functional)
$1,571,113
Management and general (functional)
$281,240
Fundraising (functional)
$70,072

Balance sheet and other

Total assets, start of year
$9,014,870
Total assets, end of year
$12,428,624
Total liabilities, end of year
$3,687,833
Net assets, end of year
$8,740,791
Land, buildings and equipment
$6,913,792
Publicly traded securities
$1,240,754
Net assets without donor restrictions
$5,519,676
Net assets with donor restrictions
$3,221,115
Gross receipts
$4,310,427
Employees
111
Volunteers
100
Year formed
2003
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALYSIA SOUDEREXECUTIVE DI
Officer
50$111,241$15,500
BETTY PREZZY BRYANTPRESIDENT/TR
Trustee or director, Officer
5$0$0
JAMES MICHAEL JONESVICE-PRESIDE
Trustee or director, Officer
1$0$0
JONATHAN BAGBYTREASURER
Trustee or director, Officer
1$0$0
RONALD THOMPSONSECRETARY
Trustee or director, Officer
1$0$0
ISABEL ESPINOZATRUSTEE
Trustee or director
1$0$0
VICTORIA FERNANDEZTRUSTEE
Trustee or director
1$0$0
RAQUEL GUERRATRUSTEE
Trustee or director
1$0$0
REBECCA MAHABIRTRUSTEE
Trustee or director
1$0$0
REV DR BETTY TOMTRUSTEE
Trustee or director
1$0$0
LATASHA CASTERLOW-LALLATRUSTEE
Trustee or director
1$0$0
JAVIER ORELLANATRUSTEE
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
ALYSIA SOUDEREXECUTIVE DI
Officer
50$109,049$15,000
BETTY PREZZY BRYANTPRESIDENT/TR
Trustee or director, Officer
5$0$0
JAMES MICHAEL JONESVICE-PRESIDE
Trustee or director, Officer
1$0$0
JONATHAN BAGBYTREASURER
Trustee or director, Officer
1$0$0
RONALD THOMPSONSECRETARY
Trustee or director, Officer
1$0$0
ISABEL ESPINOZATRUSTEE
Trustee or director
1$0$0
VICTORIA FERNANDEZTRUSTEE
Trustee or director
1$0$0
RAQUEL GUERRATRUSTEE
Trustee or director
1$0$0
REBECCA MAHABIRTRUSTEE
Trustee or director
1$0$0
REV DR BETTY TOMTRUSTEE
Trustee or director
1$0$0
LATASHA CASTERLOW-LALLATRUSTEE
Trustee or director
1$0$0
JAVIER ORELLANATRUSTEE
Trustee or director
1$0$0
SONIA AMORIMTRUSTEE
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
ALYSIA SOUDEREXECUTIVE DI
Officer
40$101,214$14,000
BETTY PREZZY BRYANTPRESIDENT/TR
Trustee or director, Officer
1$0$0
JAMES MICHAEL JONESVICE-PRESIDE
Trustee or director, Officer
1$0$0
JONATHAN BAGBYTREASURER
Trustee or director, Officer
1$0$0
RONALD THOMPSONSECREATARY
Trustee or director, Officer
1$0$0
ISABEL ESPINOZATRUSTEE
Trustee or director
1$0$0
ELIZABETH BLANCHARDTRUSTEE
Trustee or director
1$0$0
VICTORIA FERNANDEZTRUSTEE
Trustee or director
1$0$0
REBECCA MAHABIRTRUSTEE
Trustee or director
1$0$0
REV DR BETTY TOMTRUSTEE
Trustee or director
1$0$0
JENNIFER WADDELLTRUSTEE
Trustee or director
1$0$0
LATASHA CASTERLOW-LALLATRUSTEE
Trustee or director
1$0$0
SONIA AMORIMTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
780 SALEM AVE, ELIZABETH, NJ 07208-2343
In care of
% RAY HELLER
Principal officer (990 for 2024)
ALYSIA SOUDER, 780 SALEM AVENUE, ELIZABETH, NJ 07208
Signed the 990
ALYSIA SOUDER, EXECUTIVE DIRECTOR
Phone
(908) 352-5827
Return prepared by
GERMAN VREELAND & ASSOCIATES LLP

Mission

TO ENGAGE CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS.

990 for the year ended September 30, 2025

Program accomplishments

  • THE INSTITUTE OF MUSIC FOR CHILDREN, A COMMUNITY-CENTERED, ARTS-BASED YOUTH DEVELOPMENT ORGANIZATION, ENGAGES CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS. GUIDED BY ITS VISION OF H.A.R.M.O.N.Y. - HELPING ACHIEVE RESPONSIBLE, MOTIVATED, OPTIMISTIC, NEIGHBORHOOD YOUTH - THE INSTITUTE IS BUILDING A COMMUNITY OF HIGH-ACHIEVING CITIZENS WHO ARE ARTS LOVERS AND ARTS MAKERS THROUGH PROFESSIONAL INSTRUCTION, MENTORSHIP, AND FAMILY ENGAGEMENT. OVER 1,500 YOUTH ANNUALLY ARE PROVIDED WITH ECONOMICALLY ACCESSIBLE, HIGH- QUALITY ARTS TRAINING IN AN INSPIRING AND NURTURING ENVIRONMENT. GUIDED BY THE BELIEF THAT ALL CHILDREN DESERVE ACCESS TO THE BENEFITS OF THE ARTS, NO STUDENT IS EVER TURNED AWAY BASED ON FINANCIAL NEED. CORE PROGRAMS ARTS EDUCATION SERVICES OFFERED: WE PROVIDE MORE THAN 40 ART FORMS IN A WIDE RANGE OF PERFORMING, VISUAL AND MEDIA ARTS, ALONG WITH ADDITIONAL PROGRAMMING THAT INCLUDES CULINARY, KARATE, YOGA AND MORE. OUR CORE PROGRAMS INCLUDE: - THE AFTERSCHOOL ARTS INSTITUTE: OFFERS 12- OR 24-WEEKS OF PRIVATE AND GROUP INSTRUCTION FROM OCTOBER-MAY FOR OVER 375 STUDENTS AGES 5-18. THIS PROGRAM FEATURES OUR SIGNATURE, TEEN ARTS NIGHT. - THE SUMMER ARTS INSTITUTE: IMMERSES 250 YOUNG PEOPLE IN AT LEAST EIGHT ART FORMS EACH DAY. THE PROGRAM RUNS FOR SIX WEEKS. - THE COMMUNITY INSTITUTE: DEVELOPS COLLABORATIVE ARTIST RESIDENCIES FOR SCHOOLS, JUVENILE DETENTION CENTERS, BEHAVIORAL HEALTH SETTINGS, AND OTHER COMMUNITY SPACES. - YOUTH LEADER JOB TRAINING AND READINESS PROGRAM: EMPLOYS 45-50 TEENS TO RECEIVE ON-THE-JOB TRAINING THROUGHOUT ALL INSTITUTE FUNCTIONS. THEY ACT AS MENTORS, WORK EVENTS, PROVIDE TOURS, MANAGE OUR SOCIAL MEDIA AND PROVIDE SUPPORT IN NEARLY EVERY INSTITUTE FUNCTION. KEY ACCOMPLISHMENTS 1.GROWN TO SERVE MORE THAN 1,500 CHILDREN EACH YEAR UTILIZING MORE THAN 40 ART FORMS AND OFFERING PROFESSIONAL INSTRUCTION BY ESTABLISHED WORKING ARTISTS FROM AROUND THE WORLD. 2.ESTABLISHED BI-LINGUAL STAFF OF ADMINISTRATORS, FACULTY AND YOUTH LEADERS. 3.RAISED MORE THAN 7 MILLION FOR OUR UPCOMING CAMPUS EXPANSION PROJECT, SCHEDULED TO BREAK GROUND IN 2026. 4.RECEIVED FIVE CITATIONS OF EXCELLENCE FROM THE NEW JERSEY STATE COUNCIL ON THE ARTS. 5.ACCESSED PRESTIGIOUS NATIONAL FUNDING FROM THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, THE US DEPARTMENT OF EDUCATION, THE NATIONAL ENDOWMENT FOR THE ARTS, THE NONPROFIT FINANCE FUND, NEW YORK LIFE AND THE LEWIS PRIZE FOR MUSIC (SEMI-FINALIST). 6.JOINED THE CONSORTIUM OF COMMUNITY-BASED PROVIDERS TO BRING ARTS RESIDENCIES TO JUVENILE DETENTION CENTERS ACROSS THE STATE. 7.AWARDED AN IMPACT 100 - GARDEN STATE GRANT TO EXPAND OUR PROGRAMMING FOR YOUTH WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES, AS WELL AS THOSE WITH SEVERE TRAUMA. 8.PRESENTED OUR EQUITY WORK AT STATEWIDE CONFERENCES AND CONVENINGS IN THE ARTS AND YOUTH DEVELOPMENT.
    Expenses $1,571,113

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
02-0687805
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,428,624
Income (IRS master file)
$4,310,427

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$3,975,015$1,922,425$12,428,624XML
990September 2024$2,404,769$1,652,037$9,014,870XML
990September 2023$1,424,585$1,494,267$5,889,225XML
990September 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0687805).

Questions about INSTITUTE OF MUSIC FOR CHILDREN INC

What is the EIN of INSTITUTE OF MUSIC FOR CHILDREN INC?
The employer identification number (EIN) of INSTITUTE OF MUSIC FOR CHILDREN INC is 02-0687805.
Is INSTITUTE OF MUSIC FOR CHILDREN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to INSTITUTE OF MUSIC FOR CHILDREN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE OF MUSIC FOR CHILDREN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSTITUTE OF MUSIC FOR CHILDREN INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE OF MUSIC FOR CHILDREN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of INSTITUTE OF MUSIC FOR CHILDREN INC?
The 990 for the year ended September 30, 2025 names ALYSIA SOUDER.
Who are the officers and directors of INSTITUTE OF MUSIC FOR CHILDREN INC?
The 990 for the year ended September 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $111,241 (ALYSIA SOUDER, EXECUTIVE DI).
How much revenue does INSTITUTE OF MUSIC FOR CHILDREN INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $3,975,015, expenses of $1,922,425 and total assets of $12,428,624 at year end.

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