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Nonprofit · EIN 93-4027194

MIC FOUNDATION

Tax-exempt · SIGNAL MTN, TN 37377

Financials

$4K$4K2023
Revenue Expenses · by fiscal year end
Financials of MIC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990-EZ$4,380$4,163$217$217–$217
Financial details: 990-EZ for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$989
Membership dues
$3,163
Program service revenue
$157
Net income from fundraising events
$71

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$852
Printing, publications and postage
$178
Other expenses
$3,133
Program services (functional)
$3,118

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$217
Total liabilities, end of year
–
Net assets, end of year
$217
Cash, savings and investments
$217
Gross receipts
$4,466

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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ian PartenPresident1$0
Mariah LauxTreasurer1$0
Veer PatelSecretary1$0

Address and contacts

Address (IRS master file)
105 CIRCLE DR, SIGNAL MTN, TN 37377-2907
In care of
% IAN PARTEN
Mailing address (990-N for 2024)
105 Circle Drive, Signal Mountain TN 37377
Principal officer (990-N for 2024)
Ian Parten, 1933 S Acoma St UNIT 168, Denver CO 80223
Signed the 990-EZ
Ian Parten, President
Website
micutk.com

Mission

To provide music business education to college students primarily in the Knoxville and University of Tennessee community.

990-EZ for the year ended June 30, 2024

Program accomplishments

  • The biggest program we host is our Member Events. Those events garnered 351 attendees.
    Expenses $2,570
  • The second biggest program we host is our Community Events which are open to all including non-students and those outside the UT community.
    Expenses $548
  • The third biggest program is our Member Education Career programs which are largely asynchronous or online resources. Through this program we get volunteers to help find music industry job opportunities over 100 shared through this. We also interview subject matter experts who volunteer as well that are shared on YouTube 4 of these recorded. We did not incur any expenses for this program.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
93-4027194
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B11)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Ian Parten
June 30, 2025≤ $50,000 receipts––e-Postcard
990-EZJune 2024$4,380$4,163$217XML

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 93-4027194).

Questions about MIC FOUNDATION

What is the EIN of MIC FOUNDATION?
The employer identification number (EIN) of MIC FOUNDATION is 93-4027194.
Is MIC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to MIC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIC FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MIC FOUNDATION 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 MIC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
Who is the principal officer of MIC FOUNDATION?
The 990-N for 2024 names Ian Parten.
Who are the officers and directors of MIC FOUNDATION?
The 990-EZ for the year ended June 30, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MIC FOUNDATION have?
On its 990-EZ for the year ended June 30, 2024 it reported revenue of $4,380, expenses of $4,163 and total assets of $217 at year end.

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