DEMOGRAPHIC
ADDRESS
53 HAVILAND AVE
01902
COUNTY
essex county, MA
IN CARE OF NAME
SUSANNE PETROV
ORGANIZATIONAL OVERVIEW & RANKINGS
KODALY MUSIC INSTITUTE INC is a based in LYNN, MA, focused on Arts, Culture and Humanities causes , specifically Arts Education. Established in March 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $93,117.00, this ranks 503,593 among 2,656,690 nonprofits nationally (Top 19%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,125 out of 58,562 organizations in MA (Top 28%).
In essex county, MA, the organization ranks 1,542 out of 5,801 nonprofits by assets (Top 27%), while locally in lynn, it stands at 114 among 454 organizations (Top 23%).
The organization reported annual revenue of $47,855.00, ranking 502,494 nationally (Top 19%) and 14,759 in MA (Top 26%).
Within its specific NTEE classification (A25 - A: Arts, Culture and Humanities), which includes 5,943 similar organizations, KODALY MUSIC INSTITUTE INC ranks 666 in assets (Top 12%) and 1,075 in revenue (Top 18%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A25: Arts Education
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$47,855.00
FORM 990 REVENUE AMOUNT
$47,855.00
RULING DATE
03/2022
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$93,117.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
