The Mountain View Band
Parent Association (MVBPA) is a 501(3)C tax exempt non-profit
organization. One purpose of the
MVBPA is to provide financial
support and service to the Mountain View High School Band
Program. The
MVBPA receives funding through two
projects,
concessions and Tag Day. The money received through these two
projects benefits the Mountain View High School Band Program as a
whole.
Students, however, do
have the opportunity to earn money to offset their expenses
through additional fundraisers such as sales of pies, cookie dough,
flower bulbs and vaious other items throughout the year. For these types of fundraisers, the IRS
categorizes the student selling the items as an independent contractor. Due to
this status, the IRS requires students to complete a W-9 tax
form before fundraiser money can be deposited into their
individual student accounts. When your student earns $600.00
or more per calendar year, your student will be issued a form
1099 Misc. Income Statement and earnings will be reported to the
IRS. (income less than $600.00 does not need to be reported) .
In order to be in
compliance with IRS regulations for a 501(3)C tax exempt non-profit organization, a W-9 form for that student must be on file
with the MVPBA before any earned monies can be deposited into
the student account. You will find a copy of the W-9 form
HERE.
The Mountain View Band Parent Association keeps a record of
fund-raising efforts made by every student in the Mountain View High School band program.
Before each fund-raiser students are informed of the percentage
of their sales they will receive in credit to their individual
student account. The credit in the account is available for the
student to use in lieu of payment toward travel expenses and
other fees associated with being in the band program. However, there are
a few stipulations to these accounts:
- Students may not receive cash from their student
account.
- Student account money may only be used for band fee
payments, band travel and instrument repair. Any other use
must be specifically approved by the
MVBPA Executive Board.
- When a student leaves the band program, any credit
remaining in the student account reverts back into the
MVBPA general fund.
- Credit may not be transferred between students except in
the case of siblings who are currently enrolled in the band program.
- Students wishing to use money from their student account
must complete a Student Account Request Form and place it in
the mail slot by the band office door. All requested
information must be on the form along with the student's
signature and date of the request.
Student accounts are a benefit provided by the Mountain View
Band Parent Association to the students and parents of the
Mountain View High School Band. Account Balances are posted on a monthly
basis in the band room. Questions about the student account
should be referred to the MVBPA Treasurer and not to the
Band Director.