2024-02-25T08:23:19-08:00 2023-07-31 581808108 Randall L Raber CPA PA 1920 Barnwell Street Columbia SC 29201 990 2022-08-01 320542058 Varna International Music Academy VARN 8035454166 1225 Laurel Street Columbia SC 29201 Sharon Tchonev Vice President 8035454166 2024-02-25 true Sharon Tchonev XXX-XX-XXXX true Randall L Raber P01276150 8032542509 2024-02-22 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Sharon Tchonev 1225 Laurel Street Columbia SC 29201 645920 false X N/A X 2017 SC To hold an annual music academy and educational music tours focusing on teaching students advanced music concepts and allowing them to practice their skills in performance situations like operas and concertos. 5 2 0 0 0 0 306931 166478 920215 476467 0 0 2975 1227146 645920 0 0 0 0 0 1224173 887775 1224173 887775 2973 -241855 449855 139032 165684 96716 284171 42316 X To hold an annual music academy and educational music tours focusing on teaching students advanced music concepts and allowing them to practice their skills in performance situations like operas and concertos. true false 690806 0 476467 Varna International Music Academy restarted its international music teaching academy in Bulgaria and Italy; it also produced and managed the Academy for teaching and performing the Muzika! festival all around the state of South Carolina. 150000 0 0 In summer 2023, VIMA brought an exclusive and prestigious educational and artistic program to Columbia, SC and Augusta, GA by featuring Symphony Number 2 attended by its composer, JAC Redford. Each performance was followed by a meet and greet interation with the composer himself. Redford is the orchestrator of numerous Hollywood films, including Avatar I and II. The series included an open masterclass by this world-renowned composer, which was attended by music professionals and students from the region. 840806 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 false false false false false true false false false false false false false false false false false false false false 0 0 0 false false false false false false false false false false X 5 2 true false false false false false false true true false false true true true true false false false false true false SC X Sharon Tchonev 8035454166 1225 Laruel Street 331 Columbia SC 29201 X Kalin Tchonev Musical Director, Treas 35.00 X X 0 0 0 Sharon Tchonev Director, President 35.00 X X 0 0 0 Shaul Paz Director 0.50 X 0 0 0 Gregory Buchalter Director, VP 0.50 X X 0 0 0 Jonathan Stinson Director, Board Sec 0.50 X 0 0 0 false false false 153308 13170 166478 Musician Participant Fees 999000 2800 0 0 Ticket Sales 999000 29746 0 0 Tour Income 999000 443921 0 0 476467 Misc Revenue 999000 2975 2975 0 0 2975 645920 479442 0 0 22772 0 22772 0 3558 0 3558 0 19126 19126 0 0 24061 24061 0 0 4683 0 4683 0 374 0 374 0 3692 3692 0 0 Dues 623 623 0 0 Management/VICW Reimbursements 295469 287069 8400 0 Bank Service Charges 11460 11460 0 0 501957 494775 7182 0 887775 840806 46969 0 342230 82085 98106 47428 9519 9519 9519 449855 139032 165684 16923 79793 165684 96716 X 284171 42316 284171 42316 449855 139032 -241855 X true false false false X 0 0 5000 21209 90097 5000 166478 287784 333780 434978 53013 1002064 479442 2303277 0 0 338780 456187 143110 1007064 645920 2591061 0 0 0 2591061 2591061 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9519 9519 9519 Varna Int Cond Work Prog Ser Mgr Adv on costs X 85238 47428 false true true Director Director Fund deficit X 79793 79793 false true true 127221 Pt VI, Line 12c The board of directors and an officer is currently made up of the organizers of the organization, Kalin and Sharon Tchonev. As noted elsewhere, the Tchonevs also own and manage a related for profit entity that incurs many of the expenses that are Varna International Music Academy expenses, so there is an inherent conflict due to this activity. Pt VI, Line 15a Included in the overall expenses that Varna International Music Academy remits to the for profit company is an overhead charge that includes the administration and program service costs of the Academy. This is also the answer to Question 16 regarding other interactions with taxable entities. Pt VI, Line 19 Information about Forms 1023 and the attached filings are available by request, and Forms 990 are available either by request or from the South Carolina Secretary of State's office. Pt VI, Line 2 The organizers of the organization, Kalin and Sharon Tchonev, are married to each other. Pt VI, Line 11b The directors were shown and approved the return prior to filing. Pt III, Line 2 New program - VIMA will be restarting programs shut do to Covid. In 2023 VIMA will have its Academy program for instruction and performance in Bulgaria and Italy; it also will be involved in the MUZIKA festival in the summer of 2023. Form 990, Part IX, Line 24e Academy music costs 6741. 6741. 0. 0. Form 990, Part IX, Line 24e Set, Costume, Theater Master 9964. 9964. 0. 0. Form 990, Part IX, Line 24e Utilities 106. 0. 106. 0. Form 990, Part IX, Line 24e Operations 3988. 0. 3988. 0. Form 990, Part IX, Line 24e Supplies 6176. 3088. 3088. 0. Form 990, Part IX, Line 24e Taxes 10. 10. 0. 0. Form 990, Part IX, Line 24e Participant Tours 34360. 34360. 0. 0. Form 990, Part IX, Line 24e Participant travel and meals 338177. 338177. 0. 0. Form 990, Part IX, Line 24e Website 2400. 2400. 0. 0. Form 990, Part IX, Line 24e Misc 1335. 1335. 0. 0. Form 990, Part IX, Line 24e Venues 98700. 98700. 0. 0.