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Grounded In Music Inc

Grounded In Music Inc is a charitable organization in Austin, Texas. Its tax id (EIN) is 20-8992225. It was granted tax-exempt status by IRS in February, 2025. For detailed information such as income and other financial data of Grounded In Music Inc, refer to the following table.


Profile of Grounded In Music Inc

Organization Name Grounded In Music Inc
Tax Id (EIN)20-8992225
Address 5524 Bee Caves Rd Suite K-1, Austin, TX 78746-5247
In Care of Name Joseph Stallone
All tax-exempt organizations in zip code 78746
Tax PeriodAssetIncomeRevenue
December, 2011$11,782$37,780$37,780
December, 2013$4,736$320$320
December, 2014$117,094$6,505$6,505
December, 2015$70,979$5,555$5,555
December, 2017$35,787$52,121$52,121
December, 2018$48,460$1,331,010$47,031
December, 2019$24,542$1,315,644$15,508
IRS Exempt Status Ruling Date February, 2025
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Philanthropy, Voluntarism and Grantmaking Foundations
Tax Exempt Activity Public Foundations
NTEE CodeT30
Foundation Type 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)
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$10,000 to 24,999
Income Range Reported on Form 990$1,000,000 to 4,999,999
Accounting Period 12