Elite Music Academy Foundation
The Music Academy Foundation, founded in 2017 by Dr. Peter Coco, is a non-profit organization dedicated to enriching the Long Island community and building a better world through music education and the performing arts. Serving hundreds of students each week from a 4,000 square foot facility, MAF provides comprehensive music instruction, musical theatre programs, music therapy, scholarships, and instruments for under-served schools. With a faculty of world-class musicians holding degrees from prestigious institutions, the foundation emphasizes high-quality music education and connecting students with professional performers and educators.
Elite Music Academy Foundation at a glance
- Total assets
- $16,041
- -26.3% vs 2024
- Expenses (2025)
- $6,485
- +81.7% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|
| 2025 | $16,041 | — | $6,485 | — | — |
| 2024 | $21,755 | $3,500 | $3,570 | — | — |
| 2023 | $20,958 | — | $3,435 | — | — |
| 2022 | $23,758 | — | $3,735 | $585 | $140 |
| 2021 | $26,908 | — | $4,110 | $610 | $140 |
| 2020 | $31,018 | — | $5,735 | — | — |
About Elite Music Academy Foundation
Based on IRS filings
Elite Music Academy Foundation is a private foundation focused on Arts, Culture & Humanities, based in Huntingdon Valley, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $16K in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Elite Music Academy Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Yanovitsky
Director
President → Director, 2021
On filings since 2020
4 hrs/week
No compensation reported
Galina Sakhnovskaya
Co-Director
On filings since 2022
4 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Elite Music Academy Foundation
How large is Elite Music Academy Foundation?
Elite Music Academy Foundation reported $16K in total assets on its 2025 IRS Form 990-PF.
What is Elite Music Academy Foundation?
Elite Music Academy Foundation is a private foundation focused on Arts, Culture & Humanities, based in Huntingdon Valley, PA. It holds $16K in total assets as of 2025.
What is Elite Music Academy Foundation's EIN?
Elite Music Academy Foundation's EIN (Employer Identification Number) is 82-4292110. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS December 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
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Elite Music Academy Foundation down — hundreds of funders to go?