Nonprofit · EIN 87-3843803
ASCENT MUSIC
Tax-exempt · CINCINNATI, OH 45229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $302,165 | $229,192 | $72,973 | $95,889 | $0 | $95,889 |
| December 31, 2023 | 990 | $230,048 | $217,750 | $12,298 | $22,916 | $0 | $22,916 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $302,165
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $95,911
- Program services (functional)
- $227,606
- Management and general (functional)
- $1,586
Balance sheet and other
- Total assets, start of year
- $22,916
- Total assets, end of year
- $95,889
- Total liabilities, end of year
- $0
- Net assets, end of year
- $95,889
- Gross receipts
- $302,165
- Employees
- 0
- Year formed
- 2022
- State of legal domicile
- OH
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROHAN PATEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MANISHA PATEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL CURRAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GARY STEVENS | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH KIM | PRESIDENT Officer | 1 | $0 |
| RICTOR NOREN | VICE PRESIDENT AND SECRETARY Officer | 1 | $0 |
| MARGARET CHAMPION | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL CURRAN | BOARD MEMBER Trustee or director | 1 | $0 |
| MANISHA PATEL | BOARD MEMBER Trustee or director | 1 | $0 |
| ALAN RAFFERTY | ARTISTIC DIRECTOR Trustee or director | 1 | $0 |
| GARY STEVENS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROHAN PATEL | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH KIM | PRESIDENT Officer | 1 | $0 |
| RICTOR NOREN | SECRETARY Officer | 1 | $0 |
| MARGARET CHAMPION | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3969 ROSE HILL AVE, CINCINNATI, OH 45229-1413
- In care of
- % SARAH KIM
- Signed the 990
- SARAH KIM, PRESIDENT
- Phone
- (513) 443-2842
- Website
- HTTP://ASCENTMUSIC.ORG
- Return prepared by
- Fermann Staun and Co LLC
Mission
TO PROVIDE OPPORTUNITES FOR YOUNG MUSICIANS FROM ALL WALKS OF LIFE
Program accomplishments
- TO PROVIDE A DIVERSE COMMUNITY OF YOUNG MUSICIANS WITH EDUCATIONAL OPPORTUNITIES IN SOLO AND CHAMBER MUSIC TO BECOME PERFORMERS, EDUCATORS, LEADERS, AND SUPPORTERS OF THE FUTURE OF CLASSICAL MUSIC AND TO CONDUCT ACTIVITIES CONSISTENT WITH SUCH PURPOSES.Expenses $227,606 · revenue $302,165
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3843803
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $95,889
- Income (IRS master file)
- $302,165
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $302,165 | $229,192 | $95,889 | XML |
| 990 | December 2023 | $230,048 | $217,750 | $22,916 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 87-3843803).
Questions about ASCENT MUSIC
- What is the EIN of ASCENT MUSIC?
- The employer identification number (EIN) of ASCENT MUSIC is 87-3843803.
- Is ASCENT MUSIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ASCENT MUSIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASCENT MUSIC 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 ASCENT MUSIC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASCENT MUSIC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of ASCENT MUSIC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does ASCENT MUSIC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $302,165, expenses of $229,192 and total assets of $95,889 at year end.
Other nonprofits in CINCINNATI
- CINCINNATI SYMPHONY ORCHESTRA EIN 31-0537080 · last filed 990 for 2025
- MUSIC AND EVENT MANAGEMENT INC EIN 31-1378179 · last filed 990 for 2025
- CINCINNATI MUSEUM CENTER EIN 31-1212634 · last filed 990 for 2025
- CINCINNATI MUSEUM ASSOCIATION EIN 31-0536653 · last filed 990 for 2025
- CINCINNATI ARTS ASSOCIATION EIN 31-1310256 · last filed 990 for 2025
- CENTER FOR HOLOCAUST AND HUMANITYEDUCATION EIN 20-5090993 · last filed 990 for 2025
- CINCINNATI INSTITUTE OF FINE ARTS EIN 31-0537138 · last filed 990 for 2025
- CINCINNATI BALLET COMPANY INC EIN 31-6050354 · last filed 990 for 2025
All nonprofits in CINCINNATI · Ohio · Arts, culture and humanities