Nonprofit · EIN 13-3372656
SOURCE MUSIC INC
Tax-exempt · NEW YORK, NY 10276
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-EZ | $48,511 | $40,323 | $8,188 | $325,792 | – | $325,792 |
| September 30, 2023 | 990 | $390,456 | $58,544 | $331,912 | $333,518 | $0 | $333,518 |
Financial details: 990-EZ for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $33,750
- Program service revenue
- $2,000
- Investment income
- $12,761
Expenses
- Compensation of officers, directors and key employees
- $20,900
- Salaries, compensation and benefits (total)
- $20,900
- Professional fees and payments to contractors
- $3,290
- Other expenses
- $16,133
- Program services (functional)
- $38,382
Balance sheet and other
- Total assets, start of year
- $317,604
- Total assets, end of year
- $325,792
- Total liabilities, end of year
- –
- Net assets, end of year
- $325,792
- Cash, savings and investments
- $325,792
- Gross receipts
- $48,511
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAPHAEL MOSTEL | PRESIDENT, ARTISTIC DIRECTOR | 40 | $20,900 |
| PHILIP T SIMPSON ESQ | SECRETARY | 1 | $0 |
| JEFFREY SCHEUER | MEMBER | 0 | $0 |
| THOMAS FREUDENHEIM | MEMBER | 0 | $0 |
990 for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAPHAEL MOSTEL | PRESIDENT, ARTISTIC DIRECTOR Officer | 40 | $44,550 |
| PHILIP T SIMPSON ESQ | SECRETARY Officer | 1 | $0 |
| JEFFREY SCHEUER | MEMBER Officer | 0 | $0 |
| THOMAS FREUDENHEIM | MEMBER Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1066, NEW YORK, NY 10276-1066
- In care of
- % RAPHAEL MOSTEL
- Mailing address (990-N for 2020)
- POBox 1066 Cooper Station, New York NY 10276
- Principal officer (990-N for 2020)
- Raphael Mostel, POBox 1066 Cooper Station, New York NY 10276
- Signed the 990-EZ
- RAPHAEL MOSTEL, PRESIDENT, ARTISTIC DIRECTOR
- Phone
- (212) 388-0737
- Website
- www.sourcemusic.org
- Return prepared by
- Sanford Galinsky CPA
Mission
PRIMARY EXEMPT PURPOSE IS PROMOTION, PRODUCTION AND EDUCATION ABOUT QUALITY MUSIC.
Program accomplishments
- RESEARCH, PLANNING, PREPARATION, PROMOTION, AND FUNDRAISINGTOWARDS RE-STARTING POSTPANDEMIC PRESENTATIONS AND RELATEDEDUCATIONAL OUTREACH FOR MAJOR PRODUCTIONS.Expenses $38,382
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 17, 2025 | No data |
IRS record
- EIN
- 13-3372656
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- September
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $325,792
- Income (IRS master file)
- $48,511
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | September 2025 | – | – | – | IRS |
| 990 | September 2023 | $390,456 | $58,544 | $333,518 | IRS |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: Raphael Mostel | September 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | September 2019 | – | – | – | IRS |
| 990-EZ | September 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SOURCE MUSIC INC
- What is the EIN of SOURCE MUSIC INC?
- The employer identification number (EIN) of SOURCE MUSIC INC is 13-3372656.
- Is SOURCE MUSIC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to SOURCE MUSIC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOURCE MUSIC INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SOURCE MUSIC INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOURCE MUSIC INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
- Who is the principal officer of SOURCE MUSIC INC?
- The 990-N for 2020 names Raphael Mostel.
- Who are the officers and directors of SOURCE MUSIC INC?
- The 990-EZ for the year ended September 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $20,900 (RAPHAEL MOSTEL, PRESIDENT, ARTISTIC DIRECTOR).
- How much revenue does SOURCE MUSIC INC have?
- On its 990-EZ for the year ended September 30, 2025 it reported revenue of $48,511, expenses of $40,323 and total assets of $325,792 at year end.
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