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Nonprofit · EIN 87-3843803

ASCENT MUSIC

Tax-exempt · CINCINNATI, OH 45229

Financials

$230K$218K2023$302K$229K2024
Revenue Expenses · by fiscal year end
Financials of ASCENT MUSIC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$302,165$229,192$72,973$95,889$0$95,889
December 31, 2023990$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.

NameTitleHours / weekCompensation
ROHAN PATELBOARD MEMBER
Trustee or director
1$0
MANISHA PATELBOARD MEMBER
Trustee or director
1$0
MICHAEL CURRANBOARD MEMBER
Trustee or director
1$0
GARY STEVENSBOARD MEMBER
Trustee or director
1$0
SARAH KIMPRESIDENT
Officer
1$0
RICTOR NORENVICE PRESIDENT AND SECRETARY
Officer
1$0
MARGARET CHAMPIONTREASURER
Officer
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL CURRANBOARD MEMBER
Trustee or director
1$0
MANISHA PATELBOARD MEMBER
Trustee or director
1$0
ALAN RAFFERTYARTISTIC DIRECTOR
Trustee or director
1$0
GARY STEVENSBOARD MEMBER
Trustee or director
1$0
ROHAN PATELBOARD MEMBER
Trustee or director
1$0
SARAH KIMPRESIDENT
Officer
1$0
RICTOR NORENSECRETARY
Officer
1$0
MARGARET CHAMPIONTREASURER
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
Return prepared by
Fermann Staun and Co LLC

Mission

TO PROVIDE OPPORTUNITES FOR YOUNG MUSICIANS FROM ALL WALKS OF LIFE

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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
Assets (IRS master file)
$95,889
Income (IRS master file)
$302,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$302,165$229,192$95,889XML
990December 2023$230,048$217,750$22,916XML
990-EZDecember 2022–––IRS
990-EZDecember 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.

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