Music Ministries Inc in Evansville, Indiana (IN)

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Music Ministries Inc
Employer Identification Number (EIN)351368616
Name of OrganizationMusic Ministries Inc
AddressPO BOX 4164, Evansville, IN 47724-0164
ActivitiesOther religious activities, Evangelism
SubsectionCharitable Organization
Ruling Date08/1976
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$537,481
Amount of Income$571,012
Form 990 Revenue Amount$567,237
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Protestant


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Amount of income in 2013: $571,012 (it was $643,850 in 2012)
Music Ministries Inc: 

 $571,012
Other organizations performing similar types of work: 

 $125,203

Assets in 2013: $537,481 (it was $508,853 in 2012)
Music Ministries Inc: 

 $537,481
Other organizations performing similar types of work: 

 $92,601

Expenses in 2013: $538,609
This organization: 

 $538,609
Other organizations performing similar types of work: 

 $122,111

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Number of employees in 2013: 7
This organization: 

 7
Other organizations performing similar types of work: 

 3

Grants share in income in 2013: 97.1%
Music Ministries Inc: 

 97.1%
Other organizations performing similar types of work: 

 50.1%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109679
The number of Forms W-2G100
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return107
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoYes
Did the organization notify the donor of the value of the goods or services provided?NoYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$82,354$101,353
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$584,533$643,850$567,237
Contributions, Gifts, Grants and Other Similar Amounts$568,054$631,274$550,740
Program Service Revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0$0$0
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$10,950$9,900$9,900
Gross rents (Real / Personal)$0 / $10,950$9,900 / $0$9,900 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$0 / $10,950$9,900 / $0$9,900 / $0
Net gain/loss from sales of assets other than inventory$1,814$42$5,600
Gross amount from sales of assets other than inventory (Securities / Other)$14 / $1,800$0 / $42$3,375 / $6,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$3,775 / $0
Gain or (loss) (Securities / Other)$14 / $1,800$0 / $42$-400 / $6,000
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$3,715$2,634$997
900099$2,634$997
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$613,318$491,125$538,609
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$103,240$82,354$101,553
Compensation not included above, to disqualified persons$0$81,396
Other salaries and wages$127,111$78,294$0
Pension plan accruals and contributions$0$0
Other employee benefits$45,866$64,660
Payroll taxes$17,401$12,290$13,995
Fees for services (non-employees)
Management$0$0
Legal$16,272$6,301
Accounting$10,771$7,855
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$133$0
Advertising and promotion$1,958$557
Office expenses$8,937$7,169
Information technology$0$0
Royalties$0$0
Occupancy$441$1,562
Travel$3,280$9,099
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$645$4,790
Interest$32$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$58,457$54,687
Insurance$15,124$16,815
Other expenses$53,510$53,845
Other expenses$18,737$18,166
Other expenses$15,730$17,257
Other expenses$14,143$16,160
Other expenses$54,151$62,742
Balance Sheet
201120122013
Total assets$312,005$508,853$537,481
Cash - non-interest-bearing$279,868$264,162
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$0$0
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Land, buildings, and equipment: cost or other basis$228,985$273,319
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$0$0$0
Total net assets or fund balances$312,005$508,853$537,481
Unrestricted net assets$505,907$537,481
Temporarily restricted net assets$2,946$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$2,840,918
Subtotal Support$2,840,918
Gifts, grants, contributions, and membership fees received$2,840,918
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$2,887,268
Public Support$2,840,918
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$46,350
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$10,500$6,455$4,045
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$10,500$6,455$4,045
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$3,045
Unrelated business taxable income before net operating loss deduction$4,045
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$4,045
Specific deduction$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1World Gospel OutreachPO BOX 14348, Humble, TX 77347-4348TX1990-12$2,562,254
2Campus Evangelical Fellowship Inc365 Du Pahze St, Naperville, IL 60565-3052IL1977-06$479,127
3Life Giving Ministries IncorporatedPo Box 830, Monroe, NC 28111NC1988-11$95,253
4Illusions & Reality IncPO BOX 1015, Crowley, TX 76036-1015TX1986-09$35,749
5In His Great Love Inc4851 Woodbrook Dr Sw, Mableton, GA 30126-1233GA1992-12$31,331
6Lifegate IncPO BOX 5, Monrovia, IN 46157-0005IN1972-10$1,053,204
7Christian Performing Artists FellowshipPO BOX 700, Winona Lake, IN 46590-0700IN1995-03$762,258
8Music Ministries IncPO BOX 4164, Evansville, IN 47724-0164IN1976-08$571,012
9Indiana Interchurch Center Corporation1100 W 42nd St Ste 110, Indianapolis, IN 46208-3379IN1965-04$543,441
10Jesus Open Arms Mission Inc5721 N County Road 1330 E, Russiaville, IN 46979-9033IN1991-10$514,795
11Global Training Ministries Inc, G T M Inc10046 Southwind Dr, Indianapolis, IN 46256-9362IN1982-10$458,199
12Innerlight Ministries Inc5002 Shelbyville Rd, Indianapolis, IN 46237-1937IN1992-09$365,299
13Grace Lutheran Church Foundation Inc3201 Central Ave, Columbus, IN 47203-2253IN1991-10$328,207
14Marys Children IncPO BOX 27, Washington, IN 47501-0027IN1993-09$281,932
15European Baptist Fellowship IncPO BOX 501545, Indianapolis, IN 46250-6545IN1992-02$173,849
16Miracle Missions Incorporated8472 S 800 E, Union City, IN 47390-9353IN1968-09$58,344
17Living Word Evangelistic Assn Inc, Destiny Harvest Ministries155 S County Road 500 W, Cory, IN 47846-8002IN1993-12$35,213
18Free Indeed Ministries Inc50 April Sound Addition, Bedford, IN 47421-8709IN1997-08$7,270
19Marilynn Ham Ministries Inc2207 N Home St, Mishawaka, IN 46545-7265IN1993-03$6,385
20Agape Fellowship Ministeries Inc, Agape Thrift Store101 Taylor St, Cannelton, IN 47520-1510IN1998-09$0
Number of organizations performing similar types of work
Alaska5
Alabama109
Arkansas56
Arizona64
California259
Colorado64
Connecticut17
District of Columbia14
Delaware14
Florida515
Georgia266
Hawaii11
Iowa15
Idaho3
Illinois95
Indiana74
Kansas29
Kentucky48
Louisiana122
Massachusetts24
Maryland63
Maine5
Michigan70
Minnesota39
Missouri63
Mississippi53
Montana10
North Carolina228
North Dakota4
Nebraska6
New Hampshire4
New Jersey57
New Mexico23
Nevada12
New York144
Ohio75
Oklahoma92
Oregon26
Pennsylvania99
Rhode Island8
South Carolina112
South Dakota3
Tennessee143
Texas478
Utah7
Virginia70
Vermont3
Washington37
Wisconsin29
West Virginia9
Wyoming7
International7
Total3,790

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