Teton Arts Council in Driggs, Idaho (ID)
Table of contents:
| Teton Arts Council | |
| Employer Identification Number (EIN) | 820457157 |
| Name of Organization | Teton Arts Council |
| In Care of Name | Deirdre K Cassidy |
| Address | PO BOX 627, Driggs, ID 83422-0627 |
| Activities | Described in section 509(a)(2) of the Code, Art exhibit |
| Subsection | Educational Organization |
| Ruling Date | 07/1994 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $209,094 |
| Amount of Income | $51,539 |
| Form 990 Revenue Amount | $50,441 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Visual Arts Organizations |
Non-representatives - add comments:
Amount of income in 2013: $51,539 (it was $70,929 in 2012)
| Teton Arts Council: | $51,539 |
| Other organizations performing similar types of work: | $50,352 |
Assets in 2013: $209,094 (it was $214,057 in 2012)
| Teton Arts Council: | $209,094 |
| Other organizations performing similar types of work: | $28,414 |
Expenses in 2013: $49,869
| Teton Arts Council: | $49,869 |
| Other organizations performing similar types of work: | $39,961 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2013: 34.3%
| This organization: | 34.3% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $33,313 | $70,468 | $50,441 |
| Contributions, gifts, grants, and similar amounts received | $18,163 | $32,870 | $17,324 |
| Program service revenue including government fees and contracts | $10,946 | $34,176 | $27,022 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $3,751 | $3,422 | $6,095 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $5,765 | $3,883 | $7,193 |
| Less: direct expenses from gaming and fundraising events | $2,014 | $461 | $1,098 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $453 | $0 | $0 |
| Total expenses | $32,373 | $55,562 | $49,869 |
| Total net assets | $189,500 | $204,406 | $204,978 |
| Excess/Deficit for the year | $940 | $14,906 | $572 |
| Net assets or fund balances at beginning of year | $188,560 | $189,500 | $204,406 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $204,406 | $204,978 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $204,481 | $214,057 | $209,094 |
| Total liabilities | $14,981 | $9,651 | $4,116 |
| Net assets or fund balances | $189,500 | $204,406 | $204,978 |
| 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 | $295,447 |
| Subtotal | $295,447 |
| Gifts, grants, contributions, and membership fees received | $136,609 |
| 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 | $158,838 |
| 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 | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $295,447 |
| Public support | $295,447 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 | 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 | Artfaire Inc | 1674 Hill Rd Ste 2, Boise, ID 83702-0958 | ID | 2003-12 | $131,525 |
| 11 | Teton Arts Council | PO BOX 627, Driggs, ID 83422-0627 | ID | 1994-07 | $51,539 |
| 12 | Aberdeen Arts Council Inc | 1677 S 2750 W, Aberdeen, ID 83210 | ID | 2004-11 | $5,284 |
| 13 | Big Tree Arts Inc | 2002 E Goodman Ct, Boise, ID 83712 | ID | 2007-09 | $0 |
| 14 | Council Mountain Quilt Guild | Po Box 829, Council, ID 83612 | ID | 2012-09 | $0 |
| 15 | Eastern Idaho Photographic Society | 1501 Lowell Cir, Idaho Falls, ID 83402 | ID | 2006-07 | $0 |
| 16 | High Desert Photographers | 360 Oaktrail Dr, Rexburg, ID 83440-2575 | ID | 2007-03 | $0 |
| 17 | Idaho Centennial Art Group Inc | 11838 W Hemlock Ct, Boise, ID 83709-3719 | ID | 2006-10 | $0 |
| 18 | Modern Quilt Guild Inc | 5582 E Stageline Dr, Boise, ID 83716 | ID | 2014-08 | $0 |
| 19 | Rosary Reflections In Bronze Inc | 6366 Lapwai Rd, Lewiston, ID 83501-7895 | ID | 2002-10 | $0 |
| 20 | Surels Place Inc | Po Box 2004, Boise, ID 83701 | ID | 2013-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,528 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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