Nonprofit · EIN 92-0975344
INSTITUTE FOR MUSIC BUSINESS
Tax-exempt · TALLAHASSEE, FL 32301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $368,010 | $372,159 | -$4,149 | $271,308 | $21,225 | $250,083 |
| December 31, 2024 | 990 | $279,779 | $228,485 | $51,294 | $204,692 | $0 | $204,692 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $330,294
- of which government grants
- $157,045
- Program service revenue
- $37,712
- Investment income
- $4
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $157,508
- Salaries, compensation and benefits (total)
- $170,602
- Professional fundraising fees
- $0
- Legal fees
- $6,163
- Accounting fees
- $4,663
- Occupancy
- $31,196
- Travel
- $24,801
- Depreciation
- $25,000
- Program services (functional)
- $317,415
- Management and general (functional)
- $54,744
Balance sheet and other
- Total assets, start of year
- $230,505
- Total assets, end of year
- $271,308
- Total liabilities, end of year
- $21,225
- Net assets, end of year
- $250,083
- Land, buildings and equipment
- $249,707
- Net assets without donor restrictions
- $250,083
- Gross receipts
- $368,010
- Employees
- 3
- Year formed
- 2022
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARVIN BROWN | DIRECTOR Officer | – | $0 |
| ANGELA M POOLE PHD | PRESIDENT, C Officer | – | $0 |
| THEOTIS STALLWORTH | CHAIRMAN Officer | – | $0 |
| TERRY WATSON | TREASURER, S Officer | – | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARVIN BROWN | DIRECTOR Officer | – | $0 |
| ANGELA M POOLE PHD | PRESIDENT, C Officer | – | $0 |
| THEOTIS STALLWORTH | CHAIRMAN Officer | – | $0 |
| TERRY WATSON | TREASURER, S Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 3551 BLAIR STONE RD UNIT 105-108, TALLAHASSEE, FL 32301-8829
- In care of
- % FOUNDATION FOR WEALTH BLDG-APOOLE
- Principal officer (990 for 2025)
- ANGELA M POOLE PHD, 210 SOUTH BEACH STREET, SUITE 202, DAYTONA BEACH, FL 32114
- Signed the 990
- ANGELA M POOLE PHD, PRESIDENT, CEO
- Phone
- (844) 768-7422
- Website
- WWW.IMBUSINESS.ORG
- Return prepared by
- AMP EXPERT SOLUTIONS LLC
Mission
DELIVERING HIGH-QUALITY, CUTTING-EDGE EDUCATION AND TRAINING PROGRAMS THAT EQUIP STUDENTS WITH THE SKILLS THEY NEED TO SUCCEED IN TODAY'S MUSIC INDUSTRY.
Program accomplishments
- DEVELOPED CAREER AND TECHNICAL EDUCATIONAL COURSE CURRICULUM.Expenses $149,898
- CONDUCTED WORKSHOPS AND TRAINING SESSIONS TO ENHANCE TECHNICAL SKILLS AND INDUSTRY KNOWLEDGE.Expenses $167,517
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 92-0975344
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- 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 (B30)
- Assets (IRS master file)
- $271,308
- Income (IRS master file)
- $368,010
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $368,010 | $372,159 | $271,308 | XML |
| 990 | December 2024 | $279,779 | $228,485 | $204,692 | XML |
| 990 | December 2022 | – | – | – | 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 92-0975344).
Questions about INSTITUTE FOR MUSIC BUSINESS
- What is the EIN of INSTITUTE FOR MUSIC BUSINESS?
- The employer identification number (EIN) of INSTITUTE FOR MUSIC BUSINESS is 92-0975344.
- Is INSTITUTE FOR MUSIC BUSINESS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to INSTITUTE FOR MUSIC BUSINESS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR MUSIC BUSINESS 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 INSTITUTE FOR MUSIC BUSINESS 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 INSTITUTE FOR MUSIC BUSINESS 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 INSTITUTE FOR MUSIC BUSINESS?
- The 990 for the year ended December 31, 2025 names ANGELA M POOLE PHD.
- Who are the officers and directors of INSTITUTE FOR MUSIC BUSINESS?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR MUSIC BUSINESS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $368,010, expenses of $372,159 and total assets of $271,308 at year end.
Other nonprofits in TALLAHASSEE
- FLORIDA STATE UNIVERSITY FOUNDATION INC EIN 59-6152180 · last filed 990 for 2025
- SEMINOLE BOOSTERS INC EIN 59-1561180 · last filed 990 for 2025
- EARLY LEARNING COALITION OF THE BIG BEND REGION INC EIN 59-3743672 · last filed 990 for 2025
- FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC EIN 59-6175096 · last filed 990 for 2025
- FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC EIN 59-3211153 · last filed 990 for 2025
- FSU FINANCIAL ASSISTANCE INC EIN 59-2477517 · last filed 990 for 2025
- FLORIDA MEDICAL PRACTICE PLAN INC EIN 57-1234883 · last filed 990 for 2025
- SCHOOL OF ARTS AND SCIENCES FOUNDATION INC EIN 59-3491716 · last filed 990 for 2025