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Nonprofit · EIN 46-1174360

MUSACK INC

Tax-exempt · NANTUCKET, MA 02554

Financials

$107K$57K2023$106K$82K2024
Revenue Expenses · by fiscal year end
Financials of MUSACK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$105,928$82,400$23,528$131,385$39$131,346
December 31, 2023990$106,663$56,888$49,775$108,256$438$107,818
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,507
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$74,421
Other revenue
$74,421

Expenses

Grants and similar amounts paid
$55,085
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,009
Depreciation
$661
Program services (functional)
$64,843
Management and general (functional)
$15,676
Fundraising (functional)
$1,881

Balance sheet and other

Total assets, start of year
$108,256
Total assets, end of year
$131,385
Total liabilities, end of year
$39
Net assets, end of year
$131,346
Net assets without donor restrictions
$131,346
Gross receipts
$171,184
Employees
0
Volunteers
40
Year formed
2012
State of legal domicile
MA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOE WONGDIRECTOR
Trustee or director
2$0
DOUG GLADSTONEDIRECTOR
Trustee or director
2$0
ALISON KINGDIRECTOR
Trustee or director
2$0
ROBERT SOLTYSDIRECTOR
Trustee or director
2$0
JONATHAN HALPERINDIRECTOR
Trustee or director
2$0
MEG RULEYCLERK & DIRECTOR
Trustee or director, Officer
2$0
ALEX STANCIOFFTREASURER & DIRECTOR
Trustee or director, Officer
2$0
DONICK CARYPRESIDENT & DIRECTOR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JOE WONGDIRECTOR
Trustee or director
5$0
DOUG GLADSTONEDIRECTOR
Trustee or director
5$0
ALISON KINGDIRECTOR
Trustee or director
5$0
ROBERT SOLTYSDIRECTOR
Trustee or director
5$0
JONATHAN HALPERINDIRECTOR
Trustee or director
5$0
MEG RULEYCLERK & DIRECTOR
Trustee or director, Officer
5$0
ALEX STANCIOFFTREASURER & DIRECTOR
Trustee or director, Officer
5$0
DONICK CARYPRESIDENT & DIRECTOR
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 22, NANTUCKET, MA 02554-0022
In care of
% MEG RULEY
Principal officer (990 for 2024)
MEG RULEY, 12 TOMS WAY 703, NANTUCKET, MA 02554
Signed the 990
MEG RULEY, CLERK
Phone
(508) 228-1398
Return prepared by
LIVINGSTON & HAYNES PC

Mission

TO GIVE CHILDREN AND TEENS A VOICE THROUGH MUSIC BY PROVIDING INSTRUMENTS AND SUPPORT FOR MUSIC TEACHERS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT INSTRUCTION OF MUSIC TO CHILDREN
    Expenses $64,843 · grants $55,085

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1174360
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$131,385
Income (IRS master file)
$171,184

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$105,928$82,400$131,385XML
990December 2023$106,663$56,888$108,256XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––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 46-1174360).

Questions about MUSACK INC

What is the EIN of MUSACK INC?
The employer identification number (EIN) of MUSACK INC is 46-1174360.
Is MUSACK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to MUSACK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUSACK INC 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 MUSACK INC 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 MUSACK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MUSACK INC?
The 990 for the year ended December 31, 2024 names MEG RULEY.
Who are the officers and directors of MUSACK INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does MUSACK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $105,928, expenses of $82,400 and total assets of $131,385 at year end.

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