Clayspace Nfp in Lisle, Illinois (IL)
Table of contents:
| Clayspace Nfp | |
| Employer Identification Number (EIN) | 870772166 |
| Name of Organization | Clayspace Nfp |
| In Care of Name | Marie Gnesda |
| Address | 740 Front St, Lisle, IL 60532-2207 |
| Subsection | Educational Organization |
| Ruling Date | 11/2007 |
| 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 | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $100,020 |
| Amount of Income | $125,633 |
| Form 990 Revenue Amount | $121,899 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts Education |
Non-representatives - add comments:
Amount of income in 2013: $125,633 (it was $118,175 in 2012)
| Clayspace Nfp: | $125,633 |
| Other organizations performing similar types of work: | $63,694 |
Assets in 2013: $100,020 (it was $98,451 in 2012)
| Clayspace Nfp: | $100,020 |
| Other organizations performing similar types of work: | $22,158 |
Expenses in 2013: $122,715
| This organization: | $122,715 |
| Other organizations performing similar types of work: | $58,738 |
Income to expenses ratio in 2013: 1.0
| Clayspace Nfp: | 1.0 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 12.1%
| Clayspace Nfp: | 12.1% |
| Other organizations performing similar types of work: | 72.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $105,755 | $118,175 | $121,899 |
| Contributions, gifts, grants, and similar amounts received | $14,588 | $11,238 | $14,797 |
| Program service revenue including government fees and contracts | $40,968 | $52,968 | $50,920 |
| Membership dues and assessments | $49,659 | $51,014 | $58,048 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $-165 | $0 | $-3,734 |
| Gross amount from sale of assets other than inventory | $585 | $0 | $0 |
| Less: cost or other basis and sales expenses | $750 | $0 | $3,734 |
| Net income/loss from gaming and fundraising events | $338 | $2,205 | $1,568 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $338 | $2,205 | $1,568 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $367 | $750 | $300 |
| Total expenses | $89,949 | $114,902 | $122,715 |
| Total net assets | $85,748 | $89,023 | $88,206 |
| Excess/Deficit for the year | $15,806 | $3,273 | $-816 |
| Net assets or fund balances at beginning of year | $69,942 | $85,750 | $89,022 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $89,023 | $88,206 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $88,786 | $98,451 | $100,020 |
| Total liabilities | $3,038 | $9,428 | $11,814 |
| Net assets or fund balances | $85,748 | $89,023 | $88,206 |
| 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 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 | $60,554 |
| Subtotal Support | $77,983 |
| Gifts, grants, contributions, and membership fees received | $77,983 |
| 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 | $17,429 |
| Total Support | $82,695 |
| Public Support | $77,983 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $4,140 |
| 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 | $572 |
| Gross receipts from related activities, etc. | $110,836 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ingenuity Incorporated Chicago | 11 E Hubbard St Ste 200, Chicago, IL 60611-5637 | IL | 2011-09 | $2,796,456 |
| 2 | Community Center For The Arts | 103 N Race St, Urbana, IL 61801-2625 | IL | 2009-08 | $238,689 |
| 3 | Chicago Art Department | 1837 S Halsted, Chicago, IL 60608 | IL | 2007-01 | $201,750 |
| 4 | Kaleidoscope School Of Fine Art | 316 W Main St, Barrington, IL 60010-3012 | IL | 2014-09 | $165,255 |
| 5 | Unity Chinese Culture Council | 6951 Springside Ave, Downers Grove, IL 60516-3114 | IL | 2010-02 | $104,750 |
| 6 | Creative Arts Inc | 400 Highland Ave, Crystal Lake, IL 60014-5645 | IL | 2012-11 | $76,336 |
| 7 | Heaven Gallery | 1550 N Milwaukee Ave, Chicago, IL 60622-2008 | IL | 2012-10 | $55,607 |
| 8 | Chicago Urban Art Society | 3636 S Iron St # 2, Chicago, IL 60609-1321 | IL | 2013-03 | $54,100 |
| 9 | R P M Productions | 1440 South Michigan Avenue Ph12, Chicago, IL 60605-2822 | IL | 1995-07 | $37,529 |
| 10 | Helen Doria Foundation | 9417 Burlington Ave, Brookfield, IL 60513-1829 | IL | 2014-11 | $34,695 |
| 11 | Timeless Gifts | 3427 S Giles Ave, Chicago, IL 60616-3911 | IL | 2012-05 | $29,747 |
| 12 | West Central Illinois Art Center Corp, Regional Arts Center Initiative | PO BOX 692, Macomb, IL 61455-0692 | IL | 2004-03 | $25,463 |
| 13 | Praize Productions Inc | 10047 S Emerald Ave, Chicago, IL 60628-1806 | IL | 2013-06 | $17,959 |
| 14 | Fight Back Foundation | 3121 N Sheridan Road, Chicago, IL 60657 | IL | 2011-06 | $14,600 |
| 15 | Flat Iron Artists Association | 1579 N Milwaukee Ave, Chicago, IL 60622-2452 | IL | 2009-09 | $13,584 |
| 16 | Fort Dearborn-Chicago Photo Forum | 47 West Polk Street M-7, Chicago, IL 60605-2000 | IL | 2012-08 | $11,534 |
| 17 | Public Art Chicago Inc | 1147 W Ohio St Ste 204, Chicago, IL 60642-5874 | IL | 2013-01 | $10,522 |
| 18 | Acts 2 School Of Performing Arts | 14243 Dante Ave, Dolton, IL 60419-1348 | IL | 2013-05 | $200 |
| 19 | 6018north Nfp | 6018 N Kenmore, Chicago, IL 60660 | IL | 2013-01 | $0 |
| 20 | Allartsfoundation | 3471 N Elston Ave, Chicago, IL 60618-5624 | IL | 2010-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,818 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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