Nonprofit · EIN 58-1583883
MUSIC ACADEMY OF NORTH CAROLINA INC
Tax-exempt · GREENSBORO, NC 27408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $1,051,781 | $884,781 | $167,000 | $2,163,708 | $96,554 | $2,067,154 |
| May 31, 2024 | 990 | $1,884,712 | $805,944 | $1,078,768 | $1,969,576 | $95,655 | $1,873,921 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $254,472
- Program service revenue
- $729,589
- Investment income
- $32,361
- Other revenue
- $35,359
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $583,345
- Salaries, compensation and benefits (total)
- $658,045
- Professional fundraising fees
- $0
- Accounting fees
- $11,167
- Occupancy
- $85,053
- Depreciation
- $23,485
- Program services (functional)
- $573,201
- Management and general (functional)
- $290,583
- Fundraising (functional)
- $20,997
Balance sheet and other
- Total assets, start of year
- $1,969,576
- Total assets, end of year
- $2,163,708
- Total liabilities, end of year
- $96,554
- Net assets, end of year
- $2,067,154
- Land, buildings and equipment
- $954,627
- Publicly traded securities
- $539,763
- Net assets without donor restrictions
- $1,517,392
- Net assets with donor restrictions
- $549,762
- Gross receipts
- $1,051,781
- Employees
- 42
- Volunteers
- 67
- Year formed
- 1983
- State of legal domicile
- NC
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLIE BURGESS | EXECUTIVE DI Officer | 40 | $75,000 |
| ANDREW COLLIER | DIRECTOR Trustee or director | – | $0 |
| DETRA DAVIS | DIRECTOR Trustee or director | – | $0 |
| ZEKE DUNCAN | DIRECTOR Trustee or director | – | $0 |
| KENNETH GAY JR | DIRECTOR Trustee or director | – | $0 |
| DAVE LEVINE | DIRECTOR Trustee or director | – | $0 |
| JOHN LOCKE | CHAIR Trustee or director | – | $0 |
| JORY MARINO | DIRECTOR Trustee or director | – | $0 |
| DAVID MCDONALD | DIRECTOR Trustee or director | – | $0 |
| PAM MURPHY | DIRECTOR Trustee or director | – | $0 |
| DIANNE BERBERICH | TREASURER Officer | – | $0 |
| GEORGE KONG | SECRETARY Officer | – | $0 |
| KATHRYN LARSON | IMMEDIATE PA Officer | – | $0 |
990 for the year ended May 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLIE BURGESS | EXECUTIVE DI Officer | 40 | $75,000 |
| DETRA DAVIS | DIRECTOR Trustee or director | – | $0 |
| KENNETH GAY JR | DIRECTOR Trustee or director | – | $0 |
| DAVE LEVINE | DIRECTOR Trustee or director | – | $0 |
| JOHN LOCKE | CHAIR Trustee or director | – | $0 |
| DAVID MCDONALD | DIRECTOR Trustee or director | – | $0 |
| PAM MURPHY | DIRECTOR Trustee or director | – | $0 |
| KAI TOMALSKI | DIRECTOR Trustee or director | – | $0 |
| RALPH WENGER | DIRECTOR Trustee or director | – | $0 |
| DIANNE BERBERICH | TREASURER Officer | – | $0 |
| GEORGE KONG | SECRETARY Officer | – | $0 |
| KATHRYN LARSON | IMMEDIATE PA Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1327 BEAMAN PL STE 100, GREENSBORO, NC 27408-8723
- Principal officer (990 for 2024)
- KELLIE BURGESS, 1327 BEAMAN PL, GREENSBORO, NC 27408
- Signed the 990
- KELLIE BURGESS, EXECUTIVE DIRECTOR
- Phone
- (336) 379-8748
- Website
- WWW.MUSICACADEMYNC.ORG
- Return prepared by
- SHAHBAZ CAROTHERS & COMPANY PA
Mission
TO PROVIDE INDIVIDUALIZED MUSIC INSTRUCTIONS TO STUDENTS REGARDLESS OF RACE, ETHNIC, OR ECONOMIC BACKGROUND
Program accomplishments
- THE ACADEMY PROVIDES STUDENTS WITH INDIVIDUALIZED MUSIC PROGRAMS WHICH PROVIDE OPPORTUNITIES FOR DEVELOPMENT OF TALENT AND GROWTH OF MUSICAL KNOWLEDGE AND SKILLS.Expenses $573,201 · revenue $729,589
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1583883
- 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
- 1984
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6E0)
- Assets (IRS master file)
- $2,163,708
- Income (IRS master file)
- $1,051,781
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $1,051,781 | $884,781 | $2,163,708 | XML |
| 990 | May 2024 | $1,884,712 | $805,944 | $1,969,576 | XML |
| 990 | May 2023 | $1,036,874 | $745,114 | $880,826 | IRS |
| 990 | May 2022 | $637,956 | $680,942 | $582,444 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 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 58-1583883).
Questions about MUSIC ACADEMY OF NORTH CAROLINA INC
- What is the EIN of MUSIC ACADEMY OF NORTH CAROLINA INC?
- The employer identification number (EIN) of MUSIC ACADEMY OF NORTH CAROLINA INC is 58-1583883.
- Is MUSIC ACADEMY OF NORTH CAROLINA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to MUSIC ACADEMY OF NORTH CAROLINA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MUSIC ACADEMY OF NORTH CAROLINA 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 MUSIC ACADEMY OF NORTH CAROLINA INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSIC ACADEMY OF NORTH CAROLINA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of MUSIC ACADEMY OF NORTH CAROLINA INC?
- The 990 for the year ended May 31, 2025 names KELLIE BURGESS.
- Who are the officers and directors of MUSIC ACADEMY OF NORTH CAROLINA INC?
- The 990 for the year ended May 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $75,000 (KELLIE BURGESS, EXECUTIVE DI).
- How much revenue does MUSIC ACADEMY OF NORTH CAROLINA INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $1,051,781, expenses of $884,781 and total assets of $2,163,708 at year end.
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