Video Veracity Inc in New Orleans, Louisiana (LA)

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Video Veracity Inc
Employer Identification Number (EIN)721246350
Name of OrganizationVideo Veracity Inc
In Care of NameTim Watson
Address3020 Royal St, New Orleans, LA 70117-6741
ActivitiesProducing films
SubsectionEducational Organization
Ruling Date01/1994
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$10,126
Amount of Income$162,513
Form 990 Revenue Amount$162,513
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Film, Video


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Amount of income in 2013: $162,513 (it was $122,204 in 2012)
Video Veracity Inc: 

 $162,513
Other organizations performing similar types of work: 

 $198,073

Assets in 2013: $10,126 (it was $8,893 in 2012)
This organization: 

 $10,126
Other organizations performing similar types of work: 

 $83,330

Expenses in 2013: $162,513
Video Veracity Inc: 

 $162,513
Other organizations performing similar types of work: 

 $157,293

Income to expenses ratio in 2013: 1.0
Video Veracity Inc: 

 1.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
Video Veracity Inc: 

 100.0%
Other organizations performing similar types of work: 

 51.2%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$83,011$122,204$162,513
Contributions, gifts, grants, and similar amounts received$83,011$122,204$162,513
Program service revenue including government fees and contracts$0$0$0
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$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$83,011$122,204$162,513
Total net assets$0$0$0
Balance Sheets
201120122013
Total assets$7,627$8,893$10,126
Total liabilities$7,627$8,893$10,126
Net assets or fund balances$0$0$0
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$656,988
Subtotal$656,988
Gifts, grants, contributions, and membership fees received$656,988
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$0
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$656,988
Public support$656,988
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
IdNameAddressStateEstablishedTotal Income
1Titus International Institute1515 Mcbrien Rd, Chattanooga, TN 37412-3251TN1984-11$1,476,246
2Video Action Inc1000 Potomac St Nw Ste 202, Washington, DC 20007-3546DC1990-03$947,288
3Upstate Films LimitedPO BOX 324, Rhinebeck, NY 12572-0324NY1972-05$899,704
4Taos Talking Pictures Inc1337 Gusdorf Rd Ste F, Taos, NM 87571-6283NM1995-03$645,567
5Western Institute For Nature Resources Education And Policy, WinrepPO BOX 3168, Portland, OR 97208-3168OR1998-06$498,919
6Writers Guild Of America East Foundation Inc250 Hudson Street No 7th Fl, New York, NY 10013-1413NY1978-06$483,741
7Social Media Productions IncPo Box 206, New York, NY 10108NY1994-02$306,229
8Video Veracity Inc3020 Royal St, New Orleans, LA 70117-6741LA1994-01$162,513
9Reel To Real Ministries Inc5543 Edmondson Pike Suite 88, Nashville, TN 37211-5808TN1986-08$78,196
10Whidbey Weavers GuildPO BOX 795, Coupeville, WA 98239-0795WA1998-02$56,614
11Vineyard Video Productions IncPO BOX 370, West Tisbury, MA 02575-0370MA1993-12$25,625
12Shirley Road Productions108 Shirley Rd, Narberth, PA 19072-2017PA1996-11$14,931
13Unicorn Projects Inc2273 Research Blvd No 520, Rockville, MD 20850MD1980-08$12,049
14Warthog Productions Inc2 Park Plz Ste 415, Boston, MA 02116-3935MA1995-12$23
15Access Video Fund10860 Wolfe Hill Ln, Great Falls, VA 22066-3317VA1993-06$0
16American Commonwealth Film Foundation, AcffPo Box 7572, The Woodlands, TX 77387TX1996-01$0
17American Institute For Historical Documentaries Inc8221 Old Courthouse Road Suite 204, Vienna, VA 22182VA1993-09$0
18Arkansas Low Income Housing Coalition1601 S Lovisiana St Ste 200a, Little Rock, AR 72206-1429AR1994-08$0
19Back To Work Ii6858 Ridgeway, Houston, TX 77087TX1992-08$0
20International Turkish Video And Film Center5209 Elmwood Pkwy, Metairie, LA 70003-2541LA1992-03$0
Number of organizations performing similar types of work
Alabama1
Arkansas1
California24
Colorado4
Connecticut4
District of Columbia4
Florida8
Georgia1
Hawaii3
Iowa2
Idaho1
Illinois7
Indiana2
Kentucky2
Louisiana2
Massachusetts12
Maryland8
Maine2
Michigan3
Minnesota2
Missouri4
Montana2
New Hampshire1
New Jersey3
New Mexico5
Nevada1
New York41
Ohio4
Oklahoma1
Oregon1
Pennsylvania5
Rhode Island1
South Carolina1
Tennessee3
Texas8
Virginia7
Washington3
Wyoming1
Total185

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