Nonprofit · EIN 82-4118005
MERCURY MUSIC FOUNDATION
Tax-exempt (reinstated) · AZUSA, CA 91702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $90,200 | $56,360 | $33,840 | $44,140 | $0 | $44,140 |
| December 31, 2024 | 990-EZ | $82,800 | $72,500 | $10,300 | $10,300 | $0 | $10,300 |
| December 31, 2023 | 990-EZ | $31,000 | $10,000 | $21,000 | $29,000 | $0 | $29,000 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $90,200
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $50,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $1,800
- Occupancy
- $4,560
- Program services (functional)
- $50,180
Balance sheet and other
- Total assets, start of year
- $10,300
- Total assets, end of year
- $44,140
- Total liabilities, end of year
- $0
- Net assets, end of year
- $44,140
- Cash, savings and investments
- $44,140
- Gross receipts
- $90,200
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yang Zhang | Founder and C.E.O. of the Foundation | 40 | $0 |
| Hongjin Zhang | CFO of the Foundation | 40 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yang Zhang | Founder and C.E.O. of the Foundation | 40 | $0 |
| Hongjin Zhang | CFO of the Foundation | 40 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Yang Zhang | Founder, Executive Director | 40 | $0 | $11,000 |
| Hongjin Zhang | C.O.O, operation manager | 35 | $0 | $20,000 |
Address and contacts
- Address (IRS master file)
- 1655 DIMAS CT, AZUSA, CA 91702-6202
- In care of
- % YANG ZHANG
- Signed the 990-EZ
- Yang Zhang, Founder and C.E.O
- Phone
- (626) 678-5967
California records
California keeps its own records of charities and corporations. Search them by EIN 82-4118005 or by the name MERCURY MUSIC FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Provide outstanding music programs for students aged 5 to 22 that can create a positive impact on their lives.
Program accomplishments
- Smart Music Education Program was awarded by the Community Partners and Los Angeles County Culture Department, and there are 7 directly paid teaching artists benefited from the program, and 89 of youth benefited from our free courses and concerts, 93 attendees who attended to our program and live performance concerts.Expenses $50,180 · grants $90,200
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-4118005
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $44,140
- Income (IRS master file)
- $90,200
Revocation and reinstatement
- Exemption revoked
- May 15, 2021
- Posted by the IRS
- August 9, 2021
- Reinstated
- Effective May 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $90,200 | $56,360 | $44,140 | XML |
| 990-EZ | December 2024 | $82,800 | $72,500 | $10,300 | XML |
| 990-EZ | December 2023 | $31,000 | $10,000 | $29,000 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 82-4118005).
Questions about MERCURY MUSIC FOUNDATION
- What is the EIN of MERCURY MUSIC FOUNDATION?
- The employer identification number (EIN) of MERCURY MUSIC FOUNDATION is 82-4118005.
- Is MERCURY MUSIC FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
- Are donations to MERCURY MUSIC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERCURY MUSIC FOUNDATION 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 MERCURY MUSIC FOUNDATION 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 MERCURY MUSIC FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MERCURY MUSIC FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does MERCURY MUSIC FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $90,200, expenses of $56,360 and total assets of $44,140 at year end.
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