Nonprofit · EIN 88-3118049
GRINNELL SCHOOL OF MUSIC
Tax-exempt · GRINNELL, IA 50112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $519,883 | $211,146 | $308,737 | $739,149 | $128,326 | $610,823 |
| June 30, 2024 | 990 | $406,838 | $136,597 | $270,241 | $435,080 | $132,994 | $302,086 |
| June 30, 2023 | 990 | $49,025 | $17,180 | $31,845 | $32,709 | $864 | $31,845 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $398,457
- Program service revenue
- $120,710
- Investment income
- $716
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $48,000
- Other salaries and wages
- $1,700
- Salaries, compensation and benefits (total)
- $54,781
- Professional fundraising fees
- $0
- Accounting fees
- $1,834
- Occupancy
- $14,850
- Depreciation
- $19,667
- Program services (functional)
- $211,146
Balance sheet and other
- Total assets, start of year
- $435,080
- Total assets, end of year
- $739,149
- Total liabilities, end of year
- $128,326
- Net assets, end of year
- $610,823
- Land, buildings and equipment
- $687,082
- Net assets without donor restrictions
- $610,823
- Gross receipts
- $519,883
- Employees
- 1
- Year formed
- 2023
- State of legal domicile
- IA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN BUSTIN | EXECUTIVE DI Trustee or director | 40 | $48,000 |
| MARK A BERRY | DIRECTOR Trustee or director | – | $0 |
| JON EDWARDS | DIRECTOR Trustee or director | – | $0 |
| ROGER HENDERSON | DIRECTOR Trustee or director | – | $0 |
| STEPHANIE LATIMER | DIRECTOR Trustee or director | – | $0 |
| PJ MAHAFFEY | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TAYLOR MARSHO | DIRECTOR Trustee or director | – | $0 |
| CIGI MUCKLER | TREASURER Trustee or director, Officer | – | $0 |
| THERESA PAGLIAI | DIRECTOR Trustee or director | – | $0 |
| JOHN ROMMEREIM | DIRECTOR Trustee or director | – | $0 |
| MAURA STRASSBERG | PRESIDENT Trustee or director, Officer | – | $0 |
| LESLEY WRIGHT | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN BUSTIN | EXECUTIVE DI Trustee or director | 40 | $46,000 |
| JON EDWARDS | DIRECTOR Trustee or director | – | $0 |
| ROGER HENDERSON | DIRECTOR Trustee or director | – | $0 |
| LUKE KOTZ | TREASURER Trustee or director, Officer | – | $0 |
| STEPHANIE LATIMER | DIRECTOR Trustee or director | – | $0 |
| BRAD LINDBERG | DIRECTOR Trustee or director | – | $0 |
| SKIP LOWE | DIRECTOR Trustee or director | – | $0 |
| PJ MAHAFFEY | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TAYLOR MARSHO | DIRECTOR Trustee or director | – | $0 |
| JOHN ROMMEREIM | DIRECTOR Trustee or director | – | $0 |
| MAURA STRASSBERG | PRESIDENT Trustee or director, Officer | – | $0 |
| HANNAH WILSON | DIRECTOR Trustee or director | – | $0 |
| LESLEY WRIGHT | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN BUSTIN | EXECUTIVE DI Trustee or director | 40 | $3,000 |
| JON EDWARDS | DIRECTOR Trustee or director | – | $0 |
| ROGER HENDERSON | DIRECTOR Trustee or director | – | $0 |
| LUKE KOTZ | TREASURER Trustee or director, Officer | – | $0 |
| STEPHANIE LATIMER | DIRECTOR Trustee or director | – | $0 |
| BRAD LINDBERG | DIRECTOR Trustee or director | – | $0 |
| SKIP LOWE | DIRECTOR Trustee or director | – | $0 |
| PJ MAHAFFEY | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TAYLOR MARSHO | DIRECTOR Trustee or director | – | $0 |
| JOHN ROMMEREIM | DIRECTOR Trustee or director | – | $0 |
| MAURA STRASSBERG | PRESIDENT Trustee or director, Officer | – | $0 |
| HANNAH WILSON | DIRECTOR Trustee or director | – | $0 |
| LESLEY WRIGHT | SECRETARY Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 720 5TH AVE, GRINNELL, IA 50112-1603
- In care of
- % ERIN JANE BUSTIN
- Principal officer (990 for 2024)
- MAURA STRASSBERG
- Signed the 990
- ERIN BUSTIN, EXECUTIVE DIRECTOR
- Phone
- (641) 888-0850
- Website
- GRINNELLSCHOOLOFMUSIC.ORG
- Return prepared by
- BAKERSTARRETT LLP
Mission
PROVIDING COMMUNITY MUSIC-MAKING IN ADDITION TO EXCELLENCE IN PERFORMANCE. THE SCHOOL WILL PROVIDE MUSIC EDUCATION AND OPPORTUNITIES FOR RECREATIONAL, COMPETITIVE, AND PROFESSIONAL MUSICIANS ALIKE, EQUIPPING STUDENTS TO BECOME LIFELONG PRACTITIONERS AND PERFORMERS.
Program accomplishments
- PROVIDING COMMUNITY MUSIC-MAKING IN ADDITION TO EXCELLENCE IN PERFORMANCE, THE SCHOOL WILL PROVIDE MUSIC EDUCATION AND OPPORTUNITIES FOR RECREATIONAL, COMPETITIVE, AND PROFESSIONAL MUSICIANS ALIKE, EQUIPPING STUDENTS TO BECOME LIFELONG PRACTITIONERS AND PERFORMERS.Expenses $211,146 · revenue $121,426
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 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 88-3118049
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6E)
- Assets (IRS master file)
- $739,149
- Income (IRS master file)
- $519,883
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $519,883 | $211,146 | $739,149 | XML |
| 990 | June 2024 | $406,838 | $136,597 | $435,080 | XML |
| 990 | June 2023 | $49,025 | $17,180 | $32,709 | XML |
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 88-3118049).
Questions about GRINNELL SCHOOL OF MUSIC
- What is the EIN of GRINNELL SCHOOL OF MUSIC?
- The employer identification number (EIN) of GRINNELL SCHOOL OF MUSIC is 88-3118049.
- Is GRINNELL SCHOOL OF MUSIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to GRINNELL SCHOOL OF MUSIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRINNELL SCHOOL OF 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 GRINNELL SCHOOL OF MUSIC 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 GRINNELL SCHOOL OF MUSIC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GRINNELL SCHOOL OF MUSIC?
- The 990 for the year ended June 30, 2025 names MAURA STRASSBERG.
- Who are the officers and directors of GRINNELL SCHOOL OF MUSIC?
- The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $48,000 (ERIN BUSTIN, EXECUTIVE DI).
- How much revenue does GRINNELL SCHOOL OF MUSIC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $519,883, expenses of $211,146 and total assets of $739,149 at year end.
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All nonprofits in GRINNELL · Iowa · Arts, culture and humanities