Masterworks Chorale Inc in Belleville, Illinois (IL)
Table of contents:
| Masterworks Chorale Inc | |
| Employer Identification Number (EIN) | 371140069 |
| Name of Organization | Masterworks Chorale Inc |
| Address | PO BOX 8374, Belleville, IL 62222-8374 |
| Activities | "Unspecified" |
| Subsection | Charitable Organization |
| Ruling Date | 12/1983 |
| 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 | 06/2014 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $14,140 |
| Amount of Income | $95,432 |
| Form 990 Revenue Amount | $60,746 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Singing, Choral |
Non-representatives - add comments:
Amount of income in 2014: $95,432 (it was $69,596 in 2013)
| This organization: | $95,432 |
| Other organizations performing similar types of work: | $88,524 |
Assets in 2014: $14,140 (it was $42,406 in 2013)
| Masterworks Chorale Inc: | $14,140 |
| Other organizations performing similar types of work: | $44,491 |
Expenses in 2014: $88,687
| Masterworks Chorale Inc: | $88,687 |
| Other organizations performing similar types of work: | $84,644 |
Income to expenses ratio in 2014: 1.1
| Masterworks Chorale Inc: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2014: 36.3%
| Masterworks Chorale Inc: | 36.3% |
| Other organizations performing similar types of work: | 40.0% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $79,915 | $82,342 | $64,405 | $60,746 |
| Contributions, gifts, grants, and similar amounts received | $19,061 | $20,760 | $16,838 | $22,071 |
| Program service revenue including government fees and contracts | $24,559 | $17,949 | $19,858 | $16,304 |
| Membership dues and assessments | $14,161 | $16,741 | $8,974 | $9,180 |
| Investment income | $1,934 | $2,035 | $2,109 | $907 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $-2,043 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $0 | $29,000 |
| Less: cost or other basis and sales expenses | $0 | $0 | $0 | $31,043 |
| Net income/loss from gaming and fundraising events | $20,200 | $24,857 | $16,626 | $14,327 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $25,701 | $27,755 | $21,817 | $17,970 |
| Less: direct expenses from gaming and fundraising events | $5,501 | $2,898 | $5,191 | $3,643 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $84,352 | $85,783 | $72,218 | $88,687 |
| Total net assets | $52,871 | $49,430 | $41,617 | $13,676 |
| Excess/Deficit for the year | $-4,437 | $-3,441 | $-7,813 | $-27,941 |
| Net assets or fund balances at beginning of year | $57,308 | $52,871 | $49,430 | $41,617 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $49,430 | $41,617 | $13,676 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $53,124 | $49,828 | $42,406 | $14,140 |
| Total liabilities | $253 | $398 | $789 | $464 |
| Net assets or fund balances | $52,871 | $49,430 | $41,617 | $13,676 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2014) | |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $93,225 |
| Subtotal | $93,225 |
| Gifts, grants, contributions, and membership fees received | $57,063 |
| 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 | $36,162 |
| 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 | $96,240 |
| Public support | $93,225 |
| Subtotal | $3,015 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $3,015 |
| 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 | Texas Boys Choir Inc | 3901 S Hulen St, Fort Worth, TX 76109-3321 | TX | 1959-03 | $7,221,737 |
| 2 | Zamir Choral Foundation Inc | 475 Riverside Dr Ste 1948, New York, NY 10115-1900 | NY | 1967-04 | $1,443,880 |
| 3 | Apollo Chorus Of Chicago | 332 S Michigan Avenue Ste 1032-A37, Chicago, IL 60604-4434 | IL | 1945-04 | $851,014 |
| 4 | Rockford Harmony Sing Soc | 1104 15th Ave, Rockford, IL 61104-5301 | IL | 1950-09 | $718,762 |
| 5 | Chicago A Cappella | 2936 N Southport 2nd Fl, Chicago, IL 60657-4120 | IL | 1994-03 | $444,622 |
| 6 | Youth Choral Theater Of Chicago | 708 Church St Ste 203, Evanston, IL 60201-3881 | IL | 1989-08 | $331,051 |
| 7 | Elgin Master Chorale Inc | 1700 Spartan Dr, Elgin, IL 60123-7189 | IL | 1975-04 | $184,146 |
| 8 | Barrington Childrens Choir Inc | PO BOX 1893, Barrington, IL 60011-1893 | IL | 1990-01 | $133,789 |
| 9 | Masterworks Chorale Inc | PO BOX 8374, Belleville, IL 62222-8374 | IL | 1983-12 | $95,432 |
| 10 | North Shore Choral Society | PO BOX 103, Evanston, IL 60204-0103 | IL | 1952-01 | $77,375 |
| 11 | Pekin Civic Chorus | 8 Winged Foot Drive, Pekin, IL 61554 | IL | 1993-06 | $54,811 |
| 12 | Musichorale Inc | 9000 S Ridgeland Ave, Oak Lawn, IL 60453-1400 | IL | 1972-10 | $54,403 |
| 13 | Grande Prairie Choral Arts | 266 Somonauk Street, Park Forest, IL 60466 | IL | 1978-11 | $28,515 |
| 14 | Wooten Choral Ensemble | 8910 W 100th St, Palos Hills, IL 60465-1190 | IL | 1989-11 | $11,502 |
| 15 | Amasong Champaign-Urbana's Premier Lesbian/Feminist Chorus | 809 S Fifth St, Champaign, IL 61820 | IL | 1997-05 | $9,379 |
| 16 | Spebsqsa | 21054 W Hazelnut Ln, Plainfield, IL 60544 | IL | 1946-05 | $5,373 |
| 17 | Musical Revue | 2212 Swainwood Drive, Glenview, IL 60025-2858 | IL | 1994-01 | $0 |
| 18 | Paul Lindblad Choristers | PO BOX 2092, Des Plaines, IL 60017-2092 | IL | 1996-03 | $0 |
| 19 | Sweet Adelines International | 1425 W Schaumburg Road Suite 145, Schaumburg, IL 60194 | IL | $0 | |
| 20 | Sweet Adelines International, Westosha Lakes Chorus | 34149 N Needlegrass Dr, Round Lake, IL 60073 | IL | 1955-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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