Nonprofit · EIN 87-2229587
MARANATHA YOUTH MUSIC ACADEMY
Also known as YMA
Tax-exempt · LOVETTSVILLE, VA 20180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $48,855 | $47,709 | $1,146 | $57,305 | $0 | $57,305 |
| June 30, 2024 | 990-EZ | $71,325 | $52,362 | $18,963 | $56,159 | $0 | $56,159 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,360
- Program service revenue
- $39,141
- Investment income
- $0
- Net income from fundraising events
- $1,354
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $30,861
- Occupancy
- $7,670
- Printing, publications and postage
- $812
- Other expenses
- $7,366
Balance sheet and other
- Total assets, start of year
- $56,159
- Total assets, end of year
- $57,305
- Total liabilities, end of year
- $0
- Net assets, end of year
- $57,305
- Cash, savings and investments
- $57,305
- Gross receipts
- $48,855
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nancy Palmisano | Chairman | 4 | $0 |
990-EZ for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nancy Palmisano | Chairman | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 12752 APRIL CIR, LOVETTSVILLE, VA 20180-3555
- Mailing address (990-N for 2022)
- PO Box 2043, Purcellville VA 20134
- Principal officer (990-N for 2022)
- Nancy Palmisano, 35452 Greyfriar Drive, Round Hill VA 20141
- Signed the 990-EZ
- Jeffrey Chamberlain, Finance Officer
- Phone
- (703) 728-5522
- Website
- https://maranathayma.org/
Mission
Educational - Youth vocal and instrumental music ensembles providing performances for public enjoyment student development and furtherance of the Good News of Christ
Program accomplishments
- 0
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-2229587
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A6C)
- Assets (IRS master file)
- $57,305
- Income (IRS master file)
- $48,855
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $48,855 | $47,709 | $57,305 | XML |
| 990-EZ | June 2024 | $71,325 | $52,362 | $56,159 | XML |
| 990-N for 2022 Officer: Nancy Palmisano | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-2229587).
Questions about MARANATHA YOUTH MUSIC ACADEMY
- What is the EIN of MARANATHA YOUTH MUSIC ACADEMY?
- The employer identification number (EIN) of MARANATHA YOUTH MUSIC ACADEMY is 87-2229587.
- Is MARANATHA YOUTH MUSIC ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MARANATHA YOUTH MUSIC ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARANATHA YOUTH MUSIC ACADEMY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MARANATHA YOUTH MUSIC ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARANATHA YOUTH MUSIC ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of MARANATHA YOUTH MUSIC ACADEMY?
- The 990-N for 2022 names Nancy Palmisano.
- Who are the officers and directors of MARANATHA YOUTH MUSIC ACADEMY?
- The 990-EZ for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does MARANATHA YOUTH MUSIC ACADEMY have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $48,855, expenses of $47,709 and total assets of $57,305 at year end.
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