Arts & Business Council Of Sacramento in Sacramento, California (CA)
Table of contents:
| Arts & Business Council Of Sacramento | |
| Employer Identification Number (EIN) | 943160779 |
| Name of Organization | Arts & Business Council Of Sacramento |
| In Care of Name | Erin Torrence |
| Address | 1931 H St, Sacramento, CA 95811-3107 |
| Subsection | Charitable Organization |
| Ruling Date | 05/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $7,555 |
| Amount of Income | $67,218 |
| Form 990 Revenue Amount | $67,218 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts Service Organizations and Activities |
Non-representatives - add comments:
Amount of income in 2013: $67,218 (it was $123,228 in 2012)
| This organization: | $67,218 |
| Other organizations performing similar types of work: | $272,792 |
Assets in 2013: $7,555 (it was $9,928 in 2012)
| This organization: | $7,555 |
| Other organizations performing similar types of work: | $286,175 |
Expenses in 2013: $68,973
| Arts & Business Council Of Sacramento: | $68,973 |
| Other organizations performing similar types of work: | $246,212 |
Income to expenses ratio in 2013: 1.0
| Arts & Business Council Of Sacramento: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 37.3%
| Arts & Business Council Of Sacramento: | 37.3% |
| Other organizations performing similar types of work: | 37.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $60,156 | $123,228 | $67,218 |
| Contributions, gifts, grants, and similar amounts received | $60,133 | $123,225 | $25,055 |
| Program service revenue including government fees and contracts | $0 | $0 | $42,162 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $23 | $3 | $1 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $72,263 | $133,130 | $68,973 |
| Total net assets | $19,030 | $9,128 | $7,373 |
| Excess/Deficit for the year | $-12,107 | $-9,902 | $-1,755 |
| Net assets or fund balances at beginning of year | $31,137 | $19,030 | $9,128 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $9,128 | $7,373 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $19,830 | $9,928 | $7,555 |
| Total liabilities | $800 | $800 | $182 |
| Net assets or fund balances | $19,030 | $9,128 | $7,373 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $154,296 |
| Subtotal | $385,746 |
| Gifts, grants, contributions, and membership fees received | $286,044 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $99,702 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $231,450 |
| Amounts received from disqualified persons | $102,910 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $128,540 |
| Total support | $386,021 |
| Public support | $385,746 |
| Subtotal | $275 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $275 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Western Virginia Foundation For The Arts And Sciences, Center In The Square | One Market Square, Roanoke, VA 24011-1429 | VA | 1979-10 | $3,064,533 |
| 2 | Somarts | 934 Brannan St, San Francisco, CA 94103-4906 | CA | 1980-05 | $1,733,556 |
| 3 | Headlands Center For The Arts | 944 Fort Barry, Sausalito, CA 94965-2608 | CA | 1982-09 | $1,470,879 |
| 4 | South Florida Art Center Inc | 924 Lincoln Rd Ste 205, Miami Beach, FL 33139-2602 | FL | 1986-02 | $950,802 |
| 5 | Volunteer Lawyers For The Arts Inc | 6th Floor, New York, NY 10022 | NY | 1978-05 | $815,863 |
| 6 | California Lawyers For The Arts Inc | Fort Mason Ctr Bldg C-225 2f, San Francisco, CA 94123 | CA | 1975-09 | $703,191 |
| 7 | Womens Studio Workshop Inc | PO BOX 489, Rosendale, NY 12472-0489 | NY | 1977-11 | $598,580 |
| 8 | Volunteer Lawyers For The Arts Of Massachusetts Inc | 249 A St, Boston, MA 02210-1615 | MA | 1994-10 | $272,792 |
| 9 | Visual Arts Foundation Inc | 220 E 23rd St Ste 609, New York, NY 10010-4629 | NY | 1968-08 | $265,875 |
| 10 | Arts Benicia Inc | 991 Tyler St Ste 114, Benicia, CA 94510-2914 | CA | 1993-04 | $254,483 |
| 11 | Cultural Alliance Of Fairfield County Inc, Lucretia B Odinak | 301 West Ave, Norwalk, CT 06850-4002 | CT | 2009-04 | $243,256 |
| 12 | Riverviews | 901 Jefferson St Ste 113, Lynchburg, VA 24504-1642 | VA | 1996-04 | $232,637 |
| 13 | The Exhibition Alliance Inc | PO BOX 345, Hamilton, NY 13346-0345 | NY | 1974-01 | $155,261 |
| 14 | St Louis Volunteer Lawyers And Accountants For The Arts | 6128 Delmar Blvd, Saint Louis, MO 63112-1204 | MO | 1986-02 | $98,929 |
| 15 | Washington Area Lawyers For The Art | 1629 K St Nw, Washington, DC 20006-1602 | DC | 1984-03 | $72,494 |
| 16 | Society Of Singers | 26500 W Agoura Rd 102-554, Calabasas, CA 91302-1952 | CA | 1989-03 | $70,663 |
| 17 | Arts & Business Council Of Sacramento | 1931 H St, Sacramento, CA 95811-3107 | CA | 1999-05 | $67,218 |
| 18 | Actors Alliance Of San Diego | 5120 Baltimore Dr Unit C, La Mesa, CA 91942 | CA | 1991-12 | $58,966 |
| 19 | Southern California Womens Caucus For Art | 19510 Ventura Blvd Ste 209, Tarzana, CA 91356-2947 | CA | 1980-10 | $7,480 |
| 20 | Association For Viet Arts Inc | 1132 Braemer Court, San Jose, CA 95132 | CA | 1996-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||
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| Total | 69 | ||||||||||||||||||||||||||||||||||||||||||||
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