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Nonprofit · EIN 30-0894896

INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA

Tax-exempt (reinstated) · SAINT CLOUD, MN 56301

Financials

$119K$49K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$118,747$48,937$69,810$80,741–$80,741
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$118,747

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$30,600
Occupancy
$3,563
Printing, publications and postage
$12,411
Other expenses
$2,363
Program services (functional)
$119,467

Balance sheet and other

Total assets, start of year
$10,931
Total assets, end of year
$80,741
Total liabilities, end of year
–
Net assets, end of year
$80,741
Cash, savings and investments
$80,575
Gross receipts
$118,747

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
Angela RingsmuthChair25$0
Zachary DorholtCo-chair25$0
Jeffrey BovitzTreasurer20$0
Michael MaySecretary15$0

Address and contacts

Address (IRS master file)
27 7TH AVE S, SAINT CLOUD, MN 56301-4259
In care of
% JEFFREY BOVITZ
Signed the 990-EZ
Jeffrey Bovitz, Treasurer

Mission

The purpose of this corporation is to create community for musicians and audiences through mentorship education and professional development.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Annual Common Roots Festival. A festival of original music in St. Cloud MN spanning 3 days in August. 7 Venues 11 Stages and over 200 musicians participated. Thousands of area residents were able to hear live local music for free.
    Expenses $5,000
  • Donations toward musical acts throughout year and for purchase of building
    Expenses $113,746
  • Depreciation expense on sound and light system used for community events
    Expenses $721

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
30-0894896
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$80,741
Income (IRS master file)
$118,747

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$118,747$48,937$80,741XML

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 30-0894896).

Questions about INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA

What is the EIN of INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA?
The employer identification number (EIN) of INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA is 30-0894896.
Is INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does INDEPENDENT MUSIC COLLABORATIVE OF CENTRAL MINNESOTA have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $118,747, expenses of $48,937 and total assets of $80,741 at year end.

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