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Nonprofit · EIN 88-2523319

SALT LICK INCUBATOR INCORPORATED

Also known as SALT LICK INCUBATOR

Tax-exempt · BELMONT, MA 02478

Financials

$1.8M$839K2022$2.4M$979K2023$1.9M$998K2024
Revenue Expenses · by fiscal year end
Financials of SALT LICK INCUBATOR INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,903,904$998,113$905,791$3,585,341$9,799$3,575,542
June 30, 2024990$2,391,398$978,952$1,412,446$2,678,318$8,567$2,669,751
June 30, 2023990$1,799,822$839,019$960,803$1,273,273$14,123$1,259,150
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,793,037
Program service revenue
$0
Investment income
$108,802
Other revenue
$2,065

Expenses

Grants and similar amounts paid
$196,590
Other salaries and wages
$274,036
Salaries, compensation and benefits (total)
$306,960
Professional fundraising fees
$0
Accounting fees
$9,250
Travel
$75,646
Depreciation
$89
Program services (functional)
$852,694
Management and general (functional)
$145,419

Balance sheet and other

Total assets, start of year
$2,678,318
Total assets, end of year
$3,585,341
Total liabilities, end of year
$9,799
Net assets, end of year
$3,575,542
Land, buildings and equipment
$133
Net assets without donor restrictions
$3,425,542
Net assets with donor restrictions
$150,000
Gross receipts
$1,903,904
Employees
14
Volunteers
4
Year formed
2022
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LIZA LEVYPRESIDENT
Officer
40$125,313$3,759
ROGER H BROWN JRCHAIRMAN
Trustee or director, Officer
16$0$0
MICHAEL EISENSONTREASURER
Trustee or director, Officer
16$0$0
LINDA A MASONSECRETARY
Trustee or director, Officer
1$0$0
LAWRENCE J SIMPSONDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationOther / benefits
LIZA LEVYPRESIDENT
Officer
40$121,668$8,463
MICHAEL EISENSONTREASURER
Trustee or director, Officer
1$0$0
ROGER H BROWN JRCHAIRMAN
Trustee or director, Officer
16$0$0
LINDA MASONSECRETARY
Trustee or director, Officer
1$0$0
LAWRENCE J SIMPSONDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
LIZA LEVYPRESIDENT
Officer
40$110,000
ROGER H BROWN JRCHAIRMAN
Trustee or director, Officer
16$0
MICHAEL EISENSONTREASURER
Trustee or director, Officer
1$0
LINDA A MASONSECRETARY
Trustee or director, Officer
1$0
LAWRENCE J SIMPSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
73 SOMERSET ST, BELMONT, MA 02478-2004
In care of
% ROGER BROWN
Principal officer (990 for 2024)
ROGER H BROWN JR, 73 SOMERSET STREET, BELMONT, MA 02478
Signed the 990
ROGER H BROWN JR, CHAIRMAN
Phone
(704) 502-6857
Return prepared by
SANDERS WALSH & EATON CPAS LLC

Mission

SALT LICK INCUBATOR SUPPORTS EMERGING MUSICIANS WITH GRANTS, COLLABORATIVE OPPORTUNITIES, STRATEGY, COMMUNICATION, MARKETING SUPPORT, AND DATA ANALYTICS, KNIT TOGETHER BY AN OVERARCHING FOCUS ON WELLNESS. WE ASSEMBLE A SUPPORTIVE COMMUNITY OF ARTISTS OPERATING WITHIN AN EXPLOITATION FREE ECOSYSTEM OF PARTNERS WHO HELP DEVELOPING ARTISTS DISCOVER PATHWAYS TO SUSTAINABLE CAREERS. WE WILL ASPIRE TO KEEP THE PRIMARY FOCUS ON THE PROFOUNDLY BEAUTIFUL ACT OF CREATING MUSIC.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORTED EMERGING MUSICIANS THROUGH THE USE OF GRANTS, COLLABORATIVE OPPORTUNITIES, STRATEGY, COMMUNICATION, MARKETING SUPPORT, AND DATA ANALYTICS.
    Expenses $852,694 · grants $196,590

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
88-2523319
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
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,585,341
Income (IRS master file)
$1,903,904

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,903,904$998,113$3,585,341XML
990June 2024$2,391,398$978,952$2,678,318XML
990June 2023$1,799,822$839,019$1,273,273XML

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 88-2523319).

Questions about SALT LICK INCUBATOR INCORPORATED

What is the EIN of SALT LICK INCUBATOR INCORPORATED?
The employer identification number (EIN) of SALT LICK INCUBATOR INCORPORATED is 88-2523319.
Is SALT LICK INCUBATOR INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SALT LICK INCUBATOR INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SALT LICK INCUBATOR INCORPORATED 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 SALT LICK INCUBATOR INCORPORATED due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALT LICK INCUBATOR INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SALT LICK INCUBATOR INCORPORATED?
The 990 for the year ended June 30, 2025 names ROGER H BROWN JR.
Who are the officers and directors of SALT LICK INCUBATOR INCORPORATED?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $125,313 (LIZA LEVY, PRESIDENT).
How much revenue does SALT LICK INCUBATOR INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,903,904, expenses of $998,113 and total assets of $3,585,341 at year end.

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