Nonprofit · EIN 31-1776315
JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION
Also known as MUSIC SCHOOL
Tax-exempt · KNOXVILLE, TN 37921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $877,779 | $762,171 | $115,608 | $5,577,554 | $28,065 | $5,549,489 |
| June 30, 2024 | 990 | $786,675 | $814,680 | -$28,005 | $5,506,669 | $38,446 | $5,468,223 |
| June 30, 2023 | 990 | $968,124 | $653,135 | $314,989 | $5,204,454 | $27,964 | $5,176,490 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $364,630
- of which government grants
- $170,750
- Program service revenue
- $0
- Investment income
- $435,421
- Net rental income
- $12,279
- Net gain from sales of assets
- $329,141
- Net income from fundraising events
- $62,424
- Net income from sales of inventory
- $3,025
- Other revenue
- $77,728
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $53,774
- Other salaries and wages
- $282,364
- Salaries, compensation and benefits (total)
- $394,662
- Professional fundraising fees
- $0
- Accounting fees
- $51,363
- Occupancy
- $56,232
- Travel
- $521
- Depreciation
- $61,532
- Program services (functional)
- $522,910
- Management and general (functional)
- $146,370
- Fundraising (functional)
- $92,891
Balance sheet and other
- Total assets, start of year
- $5,506,669
- Total assets, end of year
- $5,577,554
- Total liabilities, end of year
- $28,065
- Net assets, end of year
- $5,549,489
- Land, buildings and equipment
- $894,885
- Publicly traded securities
- $3,686,724
- Net assets without donor restrictions
- $5,549,489
- Gross unrelated business income
- $12,279
- Gross receipts
- $1,749,998
- Employees
- 6
- Volunteers
- 105
- Year formed
- 2001
- State of legal domicile
- TN
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCIS GRAFFEO | EXECUTIVE DI Officer | 40 | $110,202 |
| TYLER BOLDIN | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN BRACKNEY | DIRECTOR Trustee or director | 1 | $0 |
| RICK CARL | DIRECTOR Trustee or director | 1 | $0 |
| TREY COLEMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL COMBS | DIRECTOR Trustee or director | 1 | $0 |
| SARAH DAVIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| RACHEL FORD | DIRECTOR Trustee or director | 1 | $0 |
| JERRY GREENE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSIE HAAS | DIRECTOR Trustee or director | 1 | $0 |
| MARSHA HOLLINGSWORTH | DIRECTOR Trustee or director | 1 | $0 |
| ROB MASENGILL | DIRECTOR Trustee or director | 1 | $0 |
| CAROLYN MATEO | DIRECTOR Trustee or director | 1 | $0 |
| CAVANAUGH MIMS | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW PARROTT | DIRECTOR Trustee or director | 1 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAY PREWITT | DIRECTOR Trustee or director | 1 | $0 |
| MICK REED | DIRECTOR Trustee or director | 1 | $0 |
| FRANK ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN ROSSON | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER SEPANIAK | DIRECTOR Trustee or director | 1 | $0 |
| FRANK VENABLE | DIRECTOR Trustee or director | 1 | $0 |
| SHAWN WHITE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL RAY | EXECUTIVE DI Officer | 40 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCIS GRAFFEO | EXECUTIVE DI Officer | 40 | $100,000 |
| CINDI ALPERT | DIRECTOR Trustee or director | 1 | $0 |
| TYLER BOLDIN | DIRECTOR Trustee or director | 1 | $0 |
| RICK CARL | DIRECTOR Trustee or director | 1 | $0 |
| TREY COLEMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL COMBS | DIRECTOR Trustee or director | 1 | $0 |
| SARAH DAVIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| RACHEL FORD | DIRECTOR Trustee or director | 1 | $0 |
| JERRY GREENE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CATHY LEACH | DIRECTOR Trustee or director | 1 | $0 |
| ROB MASENGILL | DIRECTOR Trustee or director | 1 | $0 |
| NANCY MIDDLEMAS | DIRECTOR Trustee or director | 1 | $0 |
| CAVANAUGH MIMS | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW PARROTT | DIRECTOR Trustee or director | 1 | $0 |
| CLAY PREWITT | DIRECTOR Trustee or director | 1 | $0 |
| MICK REED | DIRECTOR Trustee or director | 1 | $0 |
| FRANK ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN ROSSON | DIRECTOR Trustee or director | 1 | $0 |
| DARREN SEAY | DIRECTOR Trustee or director | 1 | $0 |
| FRANK VENABLE | DIRECTOR Trustee or director | 1 | $0 |
| ERICA WHITE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FRANCIS GRAFFEO | EXECUTIVE DI Officer | 40 | $82,047 | $12,010 |
| FAY ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CINDI ALPERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOUISE APONTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAROLD BLACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN BRACKNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICK CARL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TREY COLEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL COMBS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAH DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL FORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY GREENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARSHA HOLLINGSWORTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHY LEACH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROB MASENGILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NANCY MIDDLEMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAVANAUGH MIMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW PARROTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CLAY PREWITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ROSSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARREN SEAY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOYCE THAMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERICA WHITE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1209 EUCLID AVE, KNOXVILLE, TN 37921-6732
- In care of
- % RUSSELL FUQUAY
- Principal officer (990 for 2024)
- MICHAEL RAY, 1209 EUCLID AVENUE, KNOXVILLE, TN 37921
- Signed the 990
- MICHAEL RAY, EXECUTIVE DIRECTOR
- Phone
- (865) 525-6806
- Website
- WWW.JOYOFMUSICSCHOOL.ORG
- Return prepared by
- MITCHELL EMERT & HILL PC
Mission
TO PROVIDE A QUALITY MUSIC EDUCATION PROGRAM FOR FINANCIALLY DISADVANTAGED, AT-RISK YOUTH
Program accomplishments
- PROVIDE MUSICAL INSTRUMENTS AND SPECIAL MUSICAL OPPORTUNITIES THROUGH A COMBINATION OF PRIVATE AND GROUP LESSONS, ENSEMBLE PARTICIPATION, MUSIC ENRICHMENT CLASSES AND MUSIC EXPERIENCES.Expenses $522,910
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1776315
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $5,577,554
- Income (IRS master file)
- $1,749,998
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $877,779 | $762,171 | $5,577,554 | XML |
| 990 | June 2024 | $786,675 | $814,680 | $5,506,669 | IRS |
| 990 | June 2023 | $968,124 | $653,135 | $5,204,454 | XML |
| 990 | June 2022 | $430,789 | $582,533 | $4,574,957 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 31-1776315).
Questions about JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION
- What is the EIN of JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION?
- The employer identification number (EIN) of JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION is 31-1776315.
- Is JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION 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 JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION?
- The 990 for the year ended June 30, 2025 names MICHAEL RAY.
- Who are the officers and directors of JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION?
- The 990 for the year ended June 30, 2025 lists 23 people; 1 received compensation from the organization, the highest $110,202 (FRANCIS GRAFFEO, EXECUTIVE DI).
- How much revenue does JOY OF MUSIC YOUTH MUSIC SCHOOL CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $877,779, expenses of $762,171 and total assets of $5,577,554 at year end.
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