Italian American Marching Club Inc in Metairie, Louisiana (LA)

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Italian American Marching Club Inc
Employer Identification Number (EIN)720872027
Name of OrganizationItalian American Marching Club Inc
Address724 Martin Behrman Ave Ste B, Metairie, LA 70005-2198
ActivitiesOther social activities, Other religious activities
SubsectionCivic League
Ruling Date11/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$115,059
Amount of Income$119,862
Form 990 Revenue Amount$102,837


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$74,913$76,705
Contributions, gifts, grants, and similar amounts received$100$200
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$30,500$24,780
Investment income$204$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$22,088$42,085
Gross sales of inventory, less returns and allowances$48,739$42,085
Less: cost of goods sold$26,651$0
Other revenue$22,021$9,640
Total expenses$81,863$65,270
Total net assets$112,394$123,829
Excess/Deficit for the year$-6,950$11,435
Net assets or fund balances at beginning of year$119,344$112,394
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$123,829
Balance Sheets
20122013
Total assets$112,394$123,829
Total liabilities$0$0
Net assets or fund balances$112,394$123,829
Other Information
20122013
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 activitiesNoNo
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$0
Gross receipts for public use of club facilities$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
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:Not provided
Number of organizations supported0
Sum of amounts of support$0
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