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Nonprofit · EIN 93-1417759

ICOMUSIC FOUNDATION CORPORATION

Tax-exempt · MUNCIE, IN 47304

Financials

$30K$20K2023$52K$32K2024
Revenue Expenses · by fiscal year end
Financials of ICOMUSIC FOUNDATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$51,800$31,644$20,156$31,794$0$31,794
December 31, 2023990-EZ$30,243$19,953$10,290$10,290$0$10,290
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$51,800
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$19,797
Occupancy
$7,808
Printing, publications and postage
$684
Other expenses
$3,355
Program services (functional)
$29,685

Balance sheet and other

Total assets, start of year
$11,638
Total assets, end of year
$31,794
Total liabilities, end of year
$0
Net assets, end of year
$31,794
Cash, savings and investments
$21,228
Gross receipts
$51,800

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Amy Drumdirector1$0
Rick Izumidirector0.5$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Rheuben AllenPresident20$0
Amy DrumTreasurer1$0
Rick IzumiSecretary1$0

Address and contacts

Address (IRS master file)
3701 W PEACHTREE LN, MUNCIE, IN 47304-4245
In care of
% RHEUBEN ALLEN
Mailing address (990-N for 2025)
3701 W PEACHTREE LN, Muncie IN 47304
Principal officer (990-N for 2025)
Amy Drum, 3701 W PEACHTREE LN, Muncie IN 47304
Signed the 990-EZ
Amy Drum, director
Phone
(317) 776-5814
Return prepared by
Church Church Hittle Antrim

Mission

Corporation will endeavor to operate and offer programs to provide relief of the poor, the distressed, or the underprivileged; advance music education; lessen burdens of government; put musical instruments into children's hands; share instruments and musical experiences; allow underrepresented children access to music education; and inspire creativity and express through music. Participants are selected using objective and nondiscriminatory criteria set by schools, music associations, and similar charitable organizations.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Advance music education
    Expenses $9,895
  • Put musical instruments into children's hands
    Expenses $9,895
  • Allow underrepresented children access to music education
    Expenses $9,895

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 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, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
93-1417759
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
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Amy Drum
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$51,800$31,644$31,794XML
990-EZDecember 2023$30,243$19,953$10,290XML

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 93-1417759).

Questions about ICOMUSIC FOUNDATION CORPORATION

What is the EIN of ICOMUSIC FOUNDATION CORPORATION?
The employer identification number (EIN) of ICOMUSIC FOUNDATION CORPORATION is 93-1417759.
Is ICOMUSIC FOUNDATION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to ICOMUSIC FOUNDATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ICOMUSIC FOUNDATION CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ICOMUSIC FOUNDATION CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ICOMUSIC FOUNDATION CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of ICOMUSIC FOUNDATION CORPORATION?
The 990-N for 2025 names Amy Drum.
Who are the officers and directors of ICOMUSIC FOUNDATION CORPORATION?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ICOMUSIC FOUNDATION CORPORATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $51,800, expenses of $31,644 and total assets of $31,794 at year end.

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