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Nonprofit · EIN 82-5303346

NVAK INC

Tax-exempt · SANTA MONICA, CA 90405

Financials

$172K$160K2023
Revenue Expenses · by fiscal year end
Financials of NVAK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$172,408$160,361$12,047$26,768$24,999$1,769
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$171,520
Other revenue
$888

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$6,080
Professional fees and payments to contractors
$70,522
Occupancy
$6,084
Other expenses
$77,675
Program services (functional)
$126,616

Balance sheet and other

Total assets, start of year
$21,680
Total assets, end of year
$26,768
Total liabilities, end of year
$24,999
Net assets, end of year
$1,769
Cash, savings and investments
$26,547
Gross receipts
$172,408

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
TAMAR KAPRELIANFOUNDER5$0
ROCHELLE HOLGUINDIRECTOR1$0
LAUREN DAVISDIRECTOR1$0
LAURA JALALIANDIRECTOR1$0

Address and contacts

Address (IRS master file)
3435 OCEAN PARK BLVD, SANTA MONICA, CA 90405-3301
In care of
% TAMAR MARDIROSSIAN
Signed the 990-EZ
TAMAR KAPRELIAN, FOUNDER
Phone
(225) 505-3712
Return prepared by
BURKLAND ASSOCIATES LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 82-5303346 or by the name NVAK INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

NVAK (WHICH MEANS MUSIC IN ARMENIAN) IS A MUSIC EDUCATION PROGRAM WHOSE MISSION IS TO EDUCATE AND DEVELOP THE SKILLS OF YOUNG MUSICIANS LIVING IN COUNTRIES FACING SOCIAL,POLITICAL AND/OR ECONOMIC CHALLENGES.WE CONNECT OUR STUDENTS (AGES 14-30) WITH EDUCATORS AND PROFESSIONALS FROM THE MUSIC BUSINESS,USING MUSIC EDUCATION AS A WAY TO (1) BRING PEOPLE TOGETHER INTO DIALOGUE,(2) FOSTER ARTISTIC AND SOCIAL COLLABORATION AND (3) HELP OUR STUDENTS FIND CAREER GROWTH OPPORTUNITIES THAT WOULD OTHERWISE BE UNAVAILABLE TO THEM.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • IN 2015, BECAUSE OF THE WORK TAMAR WAS DOING IN THE U.S. MUSIC BUSINESS,SHE WAS GIVEN THE OPPORTUNITY TO SPEND EXTENDED AMOUNTS OF TIME IN YEREVAN,ARMENIA. DURING THOSE MONTHS, SHE GOT TO KNOW LOCAL CREATIVES AND REALIZED WHILE TALENT WAS EQUALLY DISTRIBUTED, OPPORTUNITY WAS NOT.THE ARMENIAN YOUTH POSSESSED HUGE AMOUNTS OF EMOTIONAL INTELLIGENCE; THEY WERE CURIOUS AND HUNGRY TO LEARN; THEY WANTED TO INTEGRATE INTO THE GLOBAL AND TECHNOLOGICALLY CONNECTED WORLD; AND THEY WANTED TO HAVE MORE ACCESS TO OPPORTUNITIES THAT WERE UNAVAILABLE TO THEM. TAMAR REALIZED THAT BECAUSE OF HER CONNECTIONS IN THE MUSIC INDUSTRY, AND THE PLATFORM SHE HAD IN THE COUNTRY, THERE WAS AN OPPORTUNITY FOR HER TO CREATE AN ORGANIZATION SUPER-SERVING TALENTED MUSICIANS IN ARMENIA. PRIOR TO NVAK, THERE WAS NO COLLABORATIVE, COHESIVE, VIBRANT, MODERN MUSIC COMMUNITY IN ARMENIA. YOUNG MUSICIANS WERE NOT PRODUCING OR RELEASING ORIGINAL MUSIC. THEY WERE NOT COLLABORATING AND WORKING WITH EACH OTHER. THEY WERE NOT PLAYING LIVE SHOWS. NO ONE KNEW WHAT AN OPEN-MIC-NIGHT WAS. NO ONE KNEW WHAT SONGWRITER CIRCLES WERE. THE MISSION WAS TO CREATE CHANGE AND TO WEAVE TOGETHER THE FRAGMENTED CREATIVE COMMUNITY. BY 2019, NVAK HAD SCALED TO 2 ADDITIONAL COUNTRIES;IMPACTING ARTISTS IN 3 DIFFERENT REGIONS(ARMENIA,ISRAEL,AND MALAWI)AND 6 DIFFERENT CULTURAL GROUPS; IN 2020, NVAK EVOLVED ITS EDUCATIONAL PROGRAMMING INTO A HYBRID IN-PERSON AND REMOTE LEARNING SYSTEM THAT CAN BE HELD YEAR-ROUND AND REACH ITS ENTIRE GLOBAL COMMUNITY OF 1,500 STUDENTS. THIS FLEXIBLE EDUCATION MODEL FITS THE NEEDS OF THE MODERN MUSIC STUDENT AND SIGNIFICANTLY EXPANDS NVAK'S IMPACT THROUGH MUSIC EDUCATION. WHAT ORIGINALLY STARTED AS A SUMMER PROGRAM IS NOW A YEAR-ROUND COMMUNITY AND FAMILY THAT PROVIDES FREE, HIGH-QUALITY, INCLUSIVE MUSIC EDUCATION FOR UNDER-SERVED MUSICIANS GLOBALLY.
    Expenses $61,380
  • N/A
    Expenses $65,236

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, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-5303346
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,768
Income (IRS master file)
$172,408

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$172,408$160,361$26,768XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 82-5303346).

Questions about NVAK INC

What is the EIN of NVAK INC?
The employer identification number (EIN) of NVAK INC is 82-5303346.
Is NVAK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to NVAK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NVAK 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 NVAK 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 NVAK INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who are the officers and directors of NVAK INC?
The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does NVAK INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $172,408, expenses of $160,361 and total assets of $26,768 at year end.

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