DEMOGRAPHIC
ADDRESS
PO BOX 705
07432
COUNTY
bergen county, NJ
IN CARE OF NAME
JASON YOO
ORGANIZATIONAL OVERVIEW & RANKINGS
MUSIC IS A GIFT INC is a based in MIDLAND PARK, NJ, focused on Arts, Culture and Humanities causes , specifically Music. Established in March 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $28,552.00, this ranks 627,364 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 17,950 out of 72,131 organizations in NJ (Top 25%).
In bergen county, NJ, the organization ranks 2,246 out of 7,701 nonprofits by assets (Top 30%), while locally in midland park, it stands at 16 among 76 organizations (Top 16%).
The organization reported annual revenue of $29,423.00, ranking 542,312 nationally (Top 21%) and 15,052 in NJ (Top 21%).
Within its specific NTEE classification (A68 - A: Arts, Culture and Humanities), which includes 7,710 similar organizations, MUSIC IS A GIFT INC ranks 1,187 in assets (Top 16%) and 1,459 in revenue (Top 19%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2014 and was reinstated on May 15, 2014 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November 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
A68: Music
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Thursday, May 15, 2014;
Reinstated: Thursday, May 15, 2014
TAX PERIOD
12/2017
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$29,423.00
FORM 990 REVENUE AMOUNT
$29,423.00
RULING DATE
03/2023
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$28,552.00
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.
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