2024-09-03T11:58:57-04:00 2023-08-31 822194701 REIMER & FREEMAN CPAS PC 145 MERRITTS RD SUITE 1 FARMINGDALE NY 11735 990 2022-09-01 133648982 OPUS 118 HARLEM SCHOOL OF MUSIC OPUS PO BOX 286798 NEW YORK NY 10128 ALEX KRAWCZYK MANAGING DIRECT 6468422775 2024-07-12 true MARA L REIMER P00042355 5166946808 2024-09-03 2022 2024-08-08 14:25:15Z X X BEDFORD BENTLY III 376659 false X WWW.OPUS118.ORG X 1992 NY TO ESTABLISH, OPERATE, CONDUCT, MAINTAIN AND PROMOTE PROGRAMS OFFERING INSTRUCTION IN THE PLAYING OF MUSICAL INSTRUMENTS. 6 6 15 0 0 231887 249886 129745 123035 16 3738 0 361648 376659 53800 39814 0 232391 240970 0 23001 116218 103319 402409 384103 -40761 -7444 193503 123638 81477 19056 112026 104582 TO ESTABLISH, OPERATE, CONDUCT, MAINTAIN AND PROMOTE PROGRAMS OFFERING INSTRUCTION IN THE PLAYING OF MUSICAL INSTRUMENTS. false false 248331 39814 123035 SERVING THE EAST HARLEM COMMUNITY, OPUS 118 TRANSFORMS THE LIVES OF OUR STUDENTS AND THEIR FAMILIES THROUGH ACCESS TO QUALIFIED MUSIC EDUCATION, WHILE FOSTERING TEACHER DEVELOPMENT AND INTRODUCING MUSICAL PERFORMANCES TO NEW AUDIENCES. OPUS 118 RUNS AN IN-SCHOOL VIOLIN PROGRAM THAT OPERATES IN HARLEM PUBLIC SCHOOL. IN ADDITION, OUR AFTER-SCHOOL PROGRAM OFFERS PRIVATE, PARTNER, AND GROUP VIOLIN, GUITAR AND PIANO STUDENTS WHO ARE STRONGLY ENCOURAGED TO PARTICIPATE IN ONE OF SEVERAL ENSEMBLES THAT ARE LED BY ROBERTA GUASPARI AND PERFORM AT COMMUNITY INSTITUTIONS EACH YEAR. 248331 true true false false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 5 0 15 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true false false false NY X TITU AGARWAL 6468422775 PO BOX 286798 NEW YORK NY 10128 X MARY SOBEL MEMBER 3.00 0.00 X 0 0 0 NAOMI SMITH MEMBER 3.00 0.00 X 0 0 0 NICK TZAVARAS MEMBER 3.00 0.00 X 0 0 0 BEDFORD BENTLY III CHAIR 3.00 0.00 X 0 0 0 JOSEPH ZILUCA TREASURER 3.00 0.00 X 0 0 0 JAIRUS STEED SECRETARY 3.00 0.00 X 0 0 0 0 0 0 0 false false false 96760 153126 249886 TUITION 611710 123035 123035 123035 3738 3738 376659 123035 0 3738 X 39814 39814 213999 173636 29081 11282 9083 7448 1635 17888 14514 2431 943 9000 9000 30984 7682 22917 385 8799 992 7807 6832 22 6155 655 2381 50 2331 656 177 479 378 102 276 7690 7690 32614 9625 22695 294 TELEPHONE 134 134 BANK AND CREDIT CARD FEES 3060 1938 1122 FILING FEES 20 20 INSTRUMENT TUNING & MAINT 771 771 384103 248331 112771 23001 53217 -982 96866 78720 20580 30750 126055 110905 22840 15150 193503 123638 17557 1500 11659 17556 50000 2261 81477 19056 X 74125 87026 37901 17556 112026 104582 193503 123638 -7444 0 X true X false true false X 301148 320787 238004 231887 266386 1358212 301148 320787 238004 231887 266386 1358212 1358212 1831 951 58 16 18 2874 1361086 0.99790 0.75710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126055 110905 15150 15150 true TUITION SCHOLARSHIPS 30 39814 FMV NON-CASH REDUCTION IN TUITION Monitoring procedures (Part I, line 2) THE CRITERION FOR DETERMINING AID IS BASED UPON APPLICANTS PRIOR YEAR TAX REUTURNS, ASSET STATEMENTS, NUMBER OF HOUSEHOLD MEMBERS AND PAYMENTS REQUIRED FOR OTHER STUDENTS IN THE HOUSEHOLD. AID WAS MONITORED THROUGH DIRECT PAYMENT TO TEACHERS AS LESSONS WERE PROVIDED. Amended return information THE FINANCIALS WERE REVIEWED BY AN INDEPENDENT CPA & THREE ADJUSTING JOURNAL ENTRIES WERE REQUIRED FOR THE YE 08/31/23. 1) IN THE ORIGINALLY FILED 990, DIVIDENDS TOTALING $3720 FROM AN INVESTMENT ACCOUNT WERE MISSING. INCLUDING THEM INCREASED NET INCOME AND ASSETS EACH BY $3720.2) $6750 OF THE AMOUNT FOR INTERNAL ACCOUNTING FEES WAS ERRONEOUSLY CATEGORIZED AS OUTSIDE SERVICES. THAT FIGURE HAS BEEN CORRECTED IN THE STATEMENT OF FUNCTIONAL EXPENSES (PART IX LINE 11C -FROM $2250 TO $9000), AND OUTSIDE SERVICES HAS BEEN REDUCED BY $6750 TO TOTAL $19,980 (LINE 11G-MGMT).3) A PORTION OF A GOVERNMENT GRANT ($16,500) WAS DETERMINED TO BE DEFERRED TO THE NEXT FISCAL YEAR PER THE GRANT CONTRACT. THEREFORE PART 1 LINE 8 CONTRITBUTED INCOME IS REDUCED BY $16,500. 3) CONTINUED: THE $16,500 WAS ADDED TO DEFERRED REVENUE (PART X LINE 19 COLUMN (B) TO TOTAL $17,556, THUS INCREASING LINE 26 (B) TO $19,056. THE THREE CHANGES CAUSED THE NET PROFIT (PART 1 LINE 19) TO BE REDUCED FROM $5336 TO -$7443, THUS CHANGING LINE 27 (NET ASSETS WITHOUT DONOR RESTRICTIONS) FROM $116,306 TO $87,026 ANDLINE 28 (NET ASSETS WITH DONOR RESTRICTIONS) FROM $1,056 TO $17,556. Form 990 governing body review Part VI line 11 AN INDEPENDENT ACCOUNTANT PREPARES THE 990, WHICH THE BOARD OF DIRECTORS REVIEWS PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c THE BOARD OF DIRECTORS REVIEWS, ON AN ANNUAL BASIS, POSSIBLE CONFLICTS OF INTEREST AND ENFORCES COMPLIANCE WITH ORGANIZATION POLICY. Governing documents etc available to public Part VI line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. List of other fees for services expenses Part IX line 11g OTHER FEES FOR SERVICES TOTAL $37,734 INCLUDE THE FOLLOWING:PAYROLL PROCESSING SERVICES $7304:$5926(P),$993(M),$385(F)OUTSIDE PROFESSIONAL FEES $26730: $1756(P),$24974(M)-INTERRIM DIRECTORGRAPHIC DESIGN FEES $3700(M)