Grandparents Gifts Foundation in Shelby, Iowa (IA)

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Grandparents Gifts Foundation
Employer Identification Number (EIN)421508372
Name of OrganizationGrandparents Gifts Foundation
In Care of NamePEG MC COOL
Address4072 325th Street, Shelby, IA 51570
SubsectionCharitable Organization, Educational Organization
Ruling Date10/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$84,899
Amount of Income$110,091
Form 990 Revenue Amount$110,091
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Film, Video


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Amount of income in 2014: $110,091 (it was $110,091 in 2012)
Grandparents Gifts Foundation: 

 $110,091
Other organizations performing similar types of work: 

 $78,825

Assets in 2014: $84,899 (it was $84,899 in 2012)
This organization: 

 $84,899
Other organizations performing similar types of work: 

 $21,375

Expenses in 2012: $25,192
This organization: 

 $25,192
Other organizations performing similar types of work: 

 $72,967

Income to expenses ratio in 2012: 4.4
This organization: 

 4.4
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 88.1%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$110,091
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$110,091
Gross amount from sale of assets other than inventory$110,091
Less: cost or other basis and sales expenses$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$25,192
Total net assets$84,899
Excess for the year$84,899
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$84,899
Total liabilities$0
Net assets or fund balances$84,899
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$33,941
Gifts, grants, contributions, and membership fees received$33,941
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Tribeca Film Institute Inc360 Madison Ave, New York, NY 10017-7111NY2002-02$5,752,929
2Riverstyx Foundation10510 Northup Way Ste 300, Kirkland, WA 98033-7928WA2002-02$5,702,860
3Utah Film Center Dba Salt Lake City Film Center And, Artists Collaborative122 S Main St, Salt Lake Cty, UT 84101-1602UT2003-07$4,485,489
4Traverse City Film FestivalPO BOX 4064, Traverse City, MI 49685-4064MI2006-02$4,149,653
5The British Academy Of Film And Television Arts Inc8469 Melrose Ave, W Hollywood, CA 90069-5305CA1987-12$2,186,003
6Step Up Womens Network510 S Hewitt St Unit 111, Los Angeles, CA 90013-2268CA1998-11$1,891,202
7Chatham Orpheum Theater Inc330 Orleans Rd, North Chatham, MA 02650-3104MA2012-04$1,592,803
8Sedona International Film Festival & WorkshopPO BOX 850, Flagstaff, AZ 86002-0850AZ2004-07$1,476,560
9Cinefamily611 N Fairfax Ave, Los Angeles, CA 90036-1714CA2009-04$1,435,078
10Trash Mountain Project Inc1555 Nw Gage Blvd, Topeka, KS 66618-2827KS2009-07$1,428,225
11Cyark2201 Broadway Ste 602, Oakland, CA 94612-3093CA2010-03$1,327,801
12San Francisco Jewish Film Festival145 9th St Ste 200, San Francisco, CA 94103-2637CA1983-12$1,202,393
13Friends Of The Strand TheatrePO BOX 433, Rockland, ME 04841-0433ME2013-11$1,051,259
14Sea Studios FoundationPo Box 267, Carmel Valley, CA 93924CA1997-04$999,782
15Filmscene118 E College Street Suite 101, Iowa City, IA 52240IA2013-01$219,652
16Grandparents Gifts Foundation4072 325th Street, Shelby, IA 51570IA2000-10$110,091
17Get Reel Film Festival, Julien International Film Festival Dubuque401 Locust Street, Dubuque, IA 52001IA2009-10$101,115
18Iowa Independent Film FestivalPO BOX 109, Mason City, IA 50402-0109IA2013-05$0
19Northstar Network IncPo Box 2324, Cedar Rapids, IA 52406IA2011-05$0
20Storytellers International2730 Tremont Avenue, Davenport, IA 52803IA2009-05$0
Number of organizations performing similar types of work
Alaska1
Alabama6
Arkansas5
Arizona21
California384
Colorado40
Connecticut21
District of Columbia28
Delaware3
Florida68
Georgia27
Hawaii13
Iowa9
Idaho7
Illinois62
Indiana10
Kansas12
Kentucky8
Louisiana9
Massachusetts54
Maryland38
Maine9
Michigan28
Minnesota20
Missouri14
Mississippi7
Montana5
North Carolina26
Nebraska5
New Hampshire6
New Jersey31
New Mexico21
Nevada14
New York174
Ohio16
Oklahoma9
Oregon27
Pennsylvania34
Rhode Island10
South Carolina13
South Dakota2
Tennessee15
Texas68
Utah16
Virginia32
Vermont10
Washington30
Wisconsin11
West Virginia2
Wyoming4
International2
Total1,487

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