MISSION
We provide educational opportunities and experiences to members of the community in music. We offer scholarships and programs and instruments to individuals and groups to support music arts in our area.
DEMOGRAPHIC
ADDRESS
1507 NE 14TH ST
32601
COUNTY
alachua county, FL
IN CARE OF NAME
TOBIN WAGSTAFF
ORGANIZATIONAL OVERVIEW & RANKINGS
STUDIO PERCUSSION INC is a based in GAINESVILLE, FL, focused on Arts, Culture and Humanities causes , specifically Arts Education. Established in November 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $13,008.00, this ranks 680,399 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 33,911 out of 155,377 organizations in FL (Top 22%).
In alachua county, FL, the organization ranks 560 out of 2,815 nonprofits by assets (Top 20%), while locally in gainesville, it stands at 464 among 2,145 organizations (Top 22%).
The organization reported annual revenue of $72,133.00, ranking 445,591 nationally (Top 17%) and 21,158 in FL (Top 14%).
Within its specific NTEE classification (A25 - A: Arts, Culture and Humanities), which includes 5,943 similar organizations, STUDIO PERCUSSION INC ranks 1,221 in assets (Top 21%) and 917 in revenue (Top 16%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 and was reinstated on May 15, 2020 .
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
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
Revoked: Friday, May 15, 2020;
Reinstated: Friday, May 15, 2020
TAX PERIOD
12/2016
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$76,177.00
FORM 990 REVENUE AMOUNT
$72,133.00
RULING DATE
11/2020
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$13,008.00
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.
