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Nonprofit · EIN 81-2334271

DOWN BY DOWNTOWN MUSIC INC

Tax-exempt · ROANOKE, VA 24011

Financials

$160K$152K2023$194K$191K2024$209K$200K2025
Revenue Expenses · by fiscal year end
Financials of DOWN BY DOWNTOWN MUSIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$209,065$199,689$9,376$41,545-$303$41,848
December 31, 2024990-EZ$194,050$191,251$2,799$49,554$488$49,066
December 31, 2023990-EZ$159,694$151,503$8,191$48,725$2,458$46,267
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$67,367
of which government grants
$7,000
Program service revenue
$138,427
Investment income
$1
Net income from fundraising events
-$15,200
Net income from sales of inventory
$295
Other revenue
$3,270

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$27,500
Salaries, compensation and benefits (total)
$29,604
Professional fundraising fees
$0
Legal fees
$250
Accounting fees
$745
Occupancy
$33,021
Travel
$2,316
Program services (functional)
$199,689

Balance sheet and other

Total assets, start of year
$32,959
Total assets, end of year
$41,545
Total liabilities, end of year
-$303
Net assets, end of year
$41,848
Land, buildings and equipment
$5,982
Net assets without donor restrictions
$41,848
Gross receipts
$224,285
Employees
1
Volunteers
50
Year formed
2015
State of legal domicile
VA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Charles NeelyTreasurer
Officer
1$0
Bruce BryanCEO
Officer
2$0
John PenceExecutive Director
Officer, Highest-paid employee
10$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Charles NeelyTreasurer1$0
Bruce BryanCEO2$0
John PenceExecutive Director10$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Charles NeelyTreasurer1$0
Bruce BryanCEO2$0
John PenceExecutive Director10$0

Address and contacts

Address (IRS master file)
24 KIRK AVE SW, ROANOKE, VA 24011-1704
In care of
% CHARLES NEELY
Principal officer (990 for 2025)
Charles Neely, 22 Kirk Avenue SW, Roanoke, VA 24011
Signed the 990
CHARLES NEELY, Treasurer
Phone
(540) 366-2767
Return prepared by
Neelys Accounting Services Inc

Mission

Provide small venue entertainment for the local area.

990 for the year ended December 31, 2025

Program accomplishments

  • Provided entertainment to the local area in a small venue.
    Expenses $199,689

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, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-2334271
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$41,545
Income (IRS master file)
$224,285

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$209,065$199,689$41,545XML
990-EZDecember 2024$194,050$191,251$49,554IRS
990-EZDecember 2023$159,694$151,503$48,725XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––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 81-2334271).

Questions about DOWN BY DOWNTOWN MUSIC INC

What is the EIN of DOWN BY DOWNTOWN MUSIC INC?
The employer identification number (EIN) of DOWN BY DOWNTOWN MUSIC INC is 81-2334271.
Is DOWN BY DOWNTOWN MUSIC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to DOWN BY DOWNTOWN MUSIC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DOWN BY DOWNTOWN MUSIC 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 DOWN BY DOWNTOWN MUSIC INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DOWN BY DOWNTOWN MUSIC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DOWN BY DOWNTOWN MUSIC INC?
The 990 for the year ended December 31, 2025 names Charles Neely.
Who are the officers and directors of DOWN BY DOWNTOWN MUSIC INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does DOWN BY DOWNTOWN MUSIC INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $209,065, expenses of $199,689 and total assets of $41,545 at year end.

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