Skip to main content

Nonprofit · EIN 51-0545964

TALENTED YOUNG MUSICIANS ASSOCIATION INC

Tax-exempt · SOMERSET, NJ 08873

Financials

$2K$29K2023$510$31K2023
Revenue Expenses · by fiscal year end
Financials of TALENTED YOUNG MUSICIANS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 27, 2024990-EZ (amended)$510$30,976-$30,466$0–$0
December 31, 2023990-EZ$1,756$29,331-$27,575$30,466–$30,466
Financial details: 990-EZ for the year ended August 27, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$510
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$18,000
Salaries, compensation and benefits (total)
$21,000
Professional fees and payments to contractors
$1,400
Occupancy
$625
Printing, publications and postage
$240
Other expenses
$7,711

Balance sheet and other

Total assets, start of year
$30,466
Total assets, end of year
$0
Total liabilities, end of year
–
Net assets, end of year
$0
Gross receipts
$510

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-EZ for the year ended August 27, 2024, highest compensation first.

NameTitleHours / weekCompensation
Lioudmila KozlovaPresident20$18,000
Dorela ChebanSec/Treasurer2$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Lioudmila KozlovaPresident20$18,000
Dorela ChebanSec/Treasurer2$0

Address and contacts

Address (IRS master file)
11 TUDOR DR, SOMERSET, NJ 08873-7477
In care of
% MILA KOZLOVA
Signed the 990-EZ
Lioudmila Kozlova, President
Phone
(908) 720-5153
Return prepared by
M Dalhausser & Associates LLC

Mission

Advance & strengthen children and public education through promotion of the arts.

990-EZ for the year ended August 27, 2024

Program accomplishments

  • To advance & strengthen children and public education through promotion of the arts and to aid promising music performers to further their careers of musical artistry.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025990-EZ on file

IRS record

EIN
51-0545964
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
2005
Accounting year ends
August
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1
Income (IRS master file)
$510

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZAugust 2024$510$30,976$0XML
990-EZDecember 2023$1,756$29,331$30,466XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 51-0545964).

Questions about TALENTED YOUNG MUSICIANS ASSOCIATION INC

What is the EIN of TALENTED YOUNG MUSICIANS ASSOCIATION INC?
The employer identification number (EIN) of TALENTED YOUNG MUSICIANS ASSOCIATION INC is 51-0545964.
Is TALENTED YOUNG MUSICIANS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to TALENTED YOUNG MUSICIANS ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TALENTED YOUNG MUSICIANS ASSOCIATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of TALENTED YOUNG MUSICIANS ASSOCIATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TALENTED YOUNG MUSICIANS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended August 2024.
Who are the officers and directors of TALENTED YOUNG MUSICIANS ASSOCIATION INC?
The 990-EZ for the year ended August 27, 2024 lists 2 people; 1 received compensation from the organization, the highest $18,000 (Lioudmila Kozlova, President).
How much revenue does TALENTED YOUNG MUSICIANS ASSOCIATION INC have?
On its 990-EZ for the year ended August 27, 2024 it reported revenue of $510, expenses of $30,976 and total assets of $0 at year end.

Other nonprofits in SOMERSET

All nonprofits in SOMERSET · New Jersey · Arts, culture and humanities