A Louis Scarmolin Trust

Watchung, NJMutual-benefit / member-servingEIN 22-3039278Revenue $21K in FY2025

On file with the IRS475 Watchung Avenue, 07069-4951 · Watchung, NJTax-exempt since 0000

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Support the composition and presentation of classical music to a variety of audiences

$6K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $14K a year · 106% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21K
+50% vs prior year
Spent
$24K
To programs
0%
Net assets
$291K
By yearFY2020–FY2025
Revenue
$21K
FY2025▲ +50%
Tap a bar for its year
Revenue by fiscal year
FY2020$1K
FY2021$11K
FY2022$15K
FY2023$14K
FY2024$14K
FY2025$21K
Expenses
$24K
FY2025▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$29K
FY2021$32K
FY2022$27K
FY2023$29K
FY2024$19K
FY2025$24K
Net assets
$291K
FY2025▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$362K
FY2021$368K
FY2022$298K
FY2023$281K
FY2024$300K
FY2025$291K

From the FY2025 Form 990 (year ending August 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in 0000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $24K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $6K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$6,250Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
John Sichel$6,250$6,729$12,250$12,250$12,250$12,250

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See A Louis Scarmolin Trust executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports creating and sharing classical music for diverse listeners.

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Provided by the organization

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3 programs · in their own filed words · FY2024
01

Vladimir tsypin performance of scarmolin concert pieces

Pt IX · col B
02

Bar harbor music festival

Pt IX · col B
03

Welch college

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$21K
Ln 12
Investment incomeLn 3$21K
Money outPt IX
$24K
Ln 25
Managementcol C$24K
Owns and owesPt X
$291K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$292K
LiabilitiesLn 26$2K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$21K
Total revenueLn 12$21K
Assets in detailPt X, end of year
CashLn 1$10K
Cash and savings togetherLn 1–2$10K
InvestmentsLn 11–13$282K
Total assetsLn 16$292K
LiabilitiesLn 26$2K
Net assetsLn 32$291K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$6K$10K
InvestmentsLn 11–13$294K$282K
Total assetsLn 16$300K$292K
LiabilitiesLn 26$0$2K
Net assetsLn 32$300K$291K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$6K$0$6K$0
Payroll taxesLn 10$496$0$496$0
Accounting feesLn 11c$4K$0$4K$0
Information technologyLn 14$2K$0$2K$0
OccupancyLn 16$10K$0$10K$0
InsuranceLn 23$1K$0$1K$0
Other expenses (24a–d)Ln 24$465$0$465$0
Total functional expensesLn 25$24K$0$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $21K$24K−$3K$291K 990 PDF
FY2024 $14K$19K−$5K$300K 990 PDF
FY2023 $14K$29K−$15K$281K 990 PDF
FY2022 $15K$27K−$12K$298K 990 PDF
FY2021 $11K$32K−$21K$368K 990 PDF
FY2020 $1K$29K−$27K$362K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $21,415 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $14,315$21,415
I-11 Other revenue$0
I-12 Total revenuePrior year $14,315$21,415
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $7,215$6,746
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $12,093$17,616
I-18 Total expensesPrior year $19,308$24,362
I-19 Revenue less expensesPrior year −$4,993−$2,947
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $21,415 across 2 lines filed
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $21,415$21,415
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $21,415$21,415
Part IX · Statement of functional expenses $24,362 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $6,250 · Fundraising $0$6,250
IX-10 Payroll taxesPrograms $0 · Management $496 · Fundraising $0$496
IX-11c Accounting feesPrograms $0 · Management $3,720 · Fundraising $0$3,720
IX-14 Information technologyPrograms $0 · Management $1,952 · Fundraising $0$1,952
IX-16 OccupancyPrograms $0 · Management $10,233 · Fundraising $0$10,233
IX-23 InsurancePrograms $0 · Management $1,246 · Fundraising $0$1,246
IX-24 Other expenses (24a–d)Programs $0 · Management $465 · Fundraising $0$465
IX-25 Total functional expensesPrograms $0 · Management $24,362 · Fundraising $0$24,362
Part X · Balance sheet $292,349 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $5,738$10,458
X-11 Publicly traded securitiesStart of year $293,924$281,891
X-16 Total assetsStart of year $299,662$292,349
X-25 Other liabilitiesStart of year $0$1,800
X-26 Total liabilitiesStart of year $0$1,800
X-27 Net assets without donor restrictionsStart of year $299,662$290,549
X-32 Total net assets or fund balancesStart of year $299,662$290,549
X-33 Total liabilities and net assetsStart of year $299,662$292,349
Part XI · Reconciliation of net assets $290,549 net assets at year end
XI-1 Total revenue$21,415
XI-2 Total expenses$24,362
XI-3 Revenue less expenses−$2,947
XI-4 Net assets at start of year$299,662
XI-5 Net unrealized gains (losses) on investments−$6,166
XI-10 Net assets at end of year$290,549

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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