Molokai Arts Center Inc in Kualapuu, Hawaii (HI)
Table of contents:
| Molokai Arts Center Inc | |
| Employer Identification Number (EIN) | 273170573 |
| Name of Organization | Molokai Arts Center Inc |
| In Care of Name | Dan Bennett |
| Address | Po Box 116, Kualapuu, HI 96757 |
| Website | http://www.molokaiartscenter.com |
| Subsection | Charitable Organization |
| Ruling Date | 12/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $119,057 |
| Amount of Income | $90,394 |
| Form 990 Revenue Amount | $86,041 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Visual Arts Organizations |
Non-representatives - add comments:
Amount of income in 2012: $90,394 (it was $86,041 in 2013)
| Molokai Arts Center Inc: | $90,394 |
| Other organizations performing similar types of work: | $50,352 |
Assets in 2012: $119,057 (it was $119,057 in 2013)
| This organization: | $119,057 |
| Other organizations performing similar types of work: | $28,414 |
Expenses in 2013: $38,250
| This organization: | $38,250 |
| Other organizations performing similar types of work: | $39,961 |
Income to expenses ratio in 2013: 2.4
| Molokai Arts Center Inc: | 2.4 |
| Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2013: 75.1%
| This organization: | 75.1% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $86,041 |
| Contributions, gifts, grants, and similar amounts received | $64,611 |
| Program service revenue including government fees and contracts | $2,541 |
| Membership dues and assessments | $8,396 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $10,026 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $14,208 |
| Less: direct expenses from gaming and fundraising events | $4,182 |
| Gross profit/loss from sales of inventory | $244 |
| Gross sales of inventory, less returns and allowances | $415 |
| Less: cost of goods sold | $171 |
| Other revenue | $223 |
| Total expenses | $38,250 |
| Total net assets | $119,057 |
| Excess/Deficit for the year | $47,791 |
| Net assets or fund balances at beginning of year | $71,266 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $119,057 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $119,057 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,057 |
| Other Information | |
| 2013 | |
|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No |
| Were any significant changes made to the organizing or governing documents? | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Has the organization filed a Form 990-T for the year? | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
| Amount of political expenditures, direct or indirect | $0 |
| Did the organization file Form 1120-POL for this year? | 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 |
| Total amount involved | $0 |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $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 |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $143,612 |
| Subtotal Support | $153,308 |
| Gifts, grants, contributions, and membership fees received | $153,308 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $9,696 |
| Total Support | $213,200 |
| Public Support | $153,308 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $59,892 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Tails Of Aloha in Waipahu, HI
  |
|
Three Ring Ranch Inc in Kailua Kona, HI
|
| Kanu Hawaii in Honolulu, HI |
|
Parents Without Partners Inc in Honolulu, HI
|
|
Yeshua Outreach Center Inc in Keaau, HI
|
|
International Harvest Foundation Inc in Lahaina, HI
|
| Save The Food Basket Inc in Honolulu, HI |
|
Dexter Cate Foundation in Honokaa, HI
|
| Taiwanese Presbyterian Church Of Honolulu in Honolulu, HI |
|
Minami Community Foundation in Kaneohe, HI
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Two Red Roses Foundation Inc | 4190 Corporate Court, Palm Harbor, FL 34683 | FL | 2005-07 | $64,355,819 |
| 2 | Pizzuti Collection | 2 Miranova Pl Ste 800, Columbus, OH 43215-5098 | OH | 2012-01 | $6,257,497 |
| 3 | Artprize Grand Rapids | 41 Sheldon Blvd Se, Grand Rapids, MI 49503-4227 | MI | 2010-12 | $4,591,973 |
| 4 | Friends Of Southwest Virginia | 1 Heartwood Cir, Abingdon, VA 24210-8398 | VA | 2011-11 | $2,231,200 |
| 5 | American Association Of Woodturners | 75 West 5th Street 222 Landmark Cen, Saint Paul, MN 55102 | MN | 2012-01 | $1,616,095 |
| 6 | Wolf Kahn And Emily Mason Foundation Inc | Box 2314, W Brattleboro, VT 05301 | VT | 2000-03 | $1,470,405 |
| 7 | National Association Of Theater Owners Of Nj Inc | PO BOX 19, Belle Mead, NJ 08502-0019 | NJ | 2014-10 | $1,267,358 |
| 8 | The Stephen Hahn Foundation, Hahn Stephen R Ttee | 450 7th Ave Ste 2701, New York, NY 10123-2701 | NY | 1991-08 | $1,028,615 |
| 9 | Southeastern Minnesota Arts Council Inc, Semac | 2778 Commerce Dr Nw Ste D, Rochester, MN 55901-3253 | MN | 1982-07 | $1,015,387 |
| 10 | San Diego Fine Art Society, Art Pulse | 1955 Julian Ave, San Diego, CA 92113-1125 | CA | 2007-10 | $896,021 |
| 11 | Art Explorium | 999 Bishop St, Honolulu, HI 96813-4423 | HI | 2013-02 | $177,336 |
| 12 | Molokai Arts Center Inc | Po Box 116, Kualapuu, HI 96757 | HI | 2010-12 | $90,394 |
| 13 | National Organization For Traditional Artists Exchange | PO BOX 61098, Honolulu, HI 96839-1098 | HI | 2002-01 | $57,561 |
| 14 | Projectfocus Hawaii Inc | P O Box 283074, Honolulu, HI 96828 | HI | 2008-10 | $9,894 |
| 15 | Afterschool Art | 3529 Akaka Place, Honolulu, HI 96822-1318 | HI | 2004-08 | $0 |
| 16 | Halelea Arts Foundation | 47-636 Uakea Place, Kaneohe, HI 96744-5428 | HI | 2012-01 | $0 |
| 17 | International Art Society Of Hawaii | PO BOX 10878, Honolulu, HI 96816 | HI | 2004-05 | $0 |
| 18 | Pacific Arts Link | 7730 Kalohelani Place, Honolulu, HI 96825 | HI | 2006-12 | $0 |
| 19 | Pastel Artists Of Hawaii | P O Box 240207, Honolulu, HI 96824-0207 | HI | 2002-09 | $0 |
| 20 | Play Matters Inc | Rural Route 2 Box 4778, Pahoa, HI 96778 | HI | 2003-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,528 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Molokai Arts Center Inc »
Non-representatives - add comments about Molokai Arts Center Inc»