Jubilate Music Academy Inc in Torrance, California (CA)

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Jubilate Music Academy Inc
Employer Identification Number (EIN)461253442
Name of OrganizationJubilate Music Academy Inc
Address3737 Torrance Blvd, Torrance, CA 90503-4800
SubsectionCharitable Organization
Ruling Date05/2013
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$17,690
Amount of Income$6,421
Form 990 Revenue Amount$6,421
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Music


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Amount of income in 2013: $6,421 (it was $0 in 2012)
This organization: 

 $6,421
Other organizations performing similar types of work: 

 $51,420

Assets in 2013: $17,690 (it was $1 in 2012)
This organization: 

 $17,690
Other organizations performing similar types of work: 

 $15,938

Expenses in 2013: $8,225
This organization: 

 $8,225
Other organizations performing similar types of work: 

 $45,736

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
Jubilate Music Academy Inc: 

 100.0%
Other organizations performing similar types of work: 

 5.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$6,421
Contributions, gifts, grants, and similar amounts received$6,421
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$8,225
Total net assets$-1,805
Excess/Deficit for the year$-1,804
Net assets or fund balances at beginning of year$-1
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$-1,804
Balance Sheets
2013
Total assets$17,690
Total liabilities$19,495
Net assets or fund balances$-1,805
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Berkeley Music Group1300 Clay St, Oakland, CA 94612-1425CA2013-09$1,573,868
2John Burroughs High School Vocal Music Association1920 W Clark Ave, Burbank, CA 91506-1918CA2011-08$937,122
3El Sistema Usa Salinas Inc820 Park Row Box 672, Salinas, CA 93901-2406CA2010-10$710,202
4Young Artists Conservatory Of Music500 Davis St, Vacaville, CA 95688-4605CA2007-11$478,955
5Songfest720 Lachman Ln, Pacific Plsds, CA 90272-2803CA2002-10$423,067
6Four Seasons Arts Inc2930 Domingo Ave 190, Berkeley, CA 94705-2454CA2009-01$396,588
7California Philharmonic Youthorchestra1142 Hazel Ave, Campbell, CA 95008-4521CA2008-02$296,375
8U Music Education Foundation47958 Warm Springs Blvd, Fremont, CA 94539-7827CA2005-12$278,767
9Jacarandamusic1626 N Benton Way, Los Angeles, CA 90026-1415CA2008-07$271,261
10Sankritilaya22561 Poppy Dr, Cupertino, CA 95014CA2008-10$263,689
11Ladd-Bratt Family Foundation Inc, Music Is SpecialPO BOX 3490, Santa Clara, CA 95055-3490CA2014-08$257,365
12Irvine Classical Players Chamber Orchestra5 Hillgrass, Irvine, CA 92603-3701CA2012-06$229,121
13Contemporary A Cappella Society Of America1354 W Hedding St, San Jose, CA 95126-1614CA2014-12$199,672
14Sb Youth Music Academy3892 State St, Santa Barbara, CA 93105-3185CA2009-09$196,345
15Golden West Trailblazer Foundation1717 N Mcauliff St, Visalia, CA 93292-9310CA2010-05$190,512
16United States Open Music Competition6114 La Salle Ave Ste 418, Oakland, CA 94611-2802CA2001-05$160,060
17Marin Community Music School55 San Anselmo Ave, San Anselmo, CA 94960-2842CA2012-02$145,619
18West Coast Percussion Alliance3071 N Butterfield Rd, Orange, CA 92865-1602CA2009-06$143,125
19Symphonic Jazz OrchestraPO BOX 1421, Culver City, CA 90232-1421CA2001-08$140,088
20Tahoe School Of Music10038 Meadow Way Apt E, Truckee, CA 96161CA2014-08$133,064
Number of organizations performing similar types of work
Alaska8
Alabama45
Arkansas34
Arizona71
California623
Colorado120
Connecticut80
District of Columbia27
Delaware16
Florida242
Georgia110
Hawaii32
Iowa43
Idaho20
Illinois172
Indiana68
Kansas32
Kentucky44
Louisiana60
Massachusetts171
Maryland92
Maine33
Michigan156
Minnesota109
Missouri75
Mississippi23
Montana20
North Carolina111
North Dakota7
Nebraska26
New Hampshire23
New Jersey121
New Mexico43
Nevada29
New York466
Ohio125
Oklahoma33
Oregon102
Pennsylvania158
Rhode Island10
South Carolina59
South Dakota12
Tennessee84
Texas299
Utah38
Virginia128
Vermont23
Washington173
Wisconsin87
West Virginia26
Wyoming13
International8
Total4,730

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