2025-11-09T15:57:47-05:00 2025-06-30 990EZ 2024-07-01 331627951 Dream Factory Sound Sanctuary DREA 5627462131 2710 ALPINE BLVD SUITE K 213 Alpine CA 91901 Dustin Valentine Gustus President 5627462131 2025-11-10 false 2024 2025-03-06 01:10:19Z X X X X X 2438 X 1838 600 0 0 0 2438 50 85 2289 2424 14 0 314539 314553 X 0 314553 0 314553 0 314553 The Dream Factory Sound Sanctuary is a nonprofit organization dedicated to supporting emerging and established musical artists through artist residencies studio access and music education. The organization provides high-quality musical instruments professional recording equipment sound engineering services and holistic educational programs that promote personal growth and creative expression. Funding is provided through individual donations grants sponsorships and revenue from studio services all of which directly support the organizations charitable mission and programs. Music production experience and education benefited 12+ people. 0 2363 2363 Chanti Holroyd Board Secretary 5 0 0 0 Dustin Gustus President 5 0 0 0 Touraj Torabi Treasurer 1 0 0 0 false false false false false false false false false CA Touraj Torabi 648 ARDEN DRIVE ENCINITAS CA 92024 7608150092 false false false false false false false false false false false NONE NONE true X 0 0 0 0 1838 1838 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1838 1838 1690 148 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1838 600 X Part I, line 16 | Other Expenses:, Amount:| Bank Charges & Fees, $10.00| Office Supplies & Software, $1450.00| Studio Supplies, $829.00| Part I, line 20 | Description:, Explanation:, Amount:| Donation of music studio equipment, On October 25 2024 Dream Factory Sound Sanctuary received an in-kind donation of music studio equipment valued at $354,767.63 from New Being Project 501c3 a nonprofit organization. This non-cash contribution was recorded as an increase in net assets during the fiscal year., $314539| Part II, line 24 | Asset Name:, BOY Amount:, EOY Amount:| Inventory, 0, $314553| Program Service Accomplishments (Part III),line 20 | Explanation:| In April 2025 The Dream Factory Sound Sanctuary received a one-time transfer of music production equipment and studio assets from another 501c3 organization New Being Project valued at $314,539. This figure is based on a good-faith estimate of 70% of the original purchase price. This non-cash contribution formed the foundational infrastructure of the organizations programs and is recorded as other changes in net assets. Program Service Accomplishments (Part III),line 28 | Explanation:| The organization offered artist residencies educational workshops and studio access to emerging musicians. No grants were issued. Activities supported personal development creative expression and community-building through music. List of Officers (Part IV),line 41 | Explanation:| All officers and directors served in a volunteer capacity. No compensation health benefits or deferred compensation was paid to any individual during the tax year.