Artemas W Stearns Tr in Andover, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| Artemas W Stearns Tr | |
| Employer Identification Number (EIN) | 042137061 |
| Name of Organization | Artemas W Stearns Tr |
| In Care of Name | Marsha E Rich Esq |
| Address | 9 Bartlet St Ste 343, Andover, MA 01810-3655 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 02/1972 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $4,487,150 |
| Amount of Income | $1,010,441 |
| Form 990 Revenue Amount | $230,590 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $264,163 | $264,163 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $2,358 | |||
| Dividends and interest from securities | $142,377 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $119,428 | |||
| Total expenses and disbursements | $281,343 | $44,660 | $0 | $236,683 |
| Compensation of officers, directors, trustees, etc. | $22,000 | |||
| Total operating and administrative expenses | $84,343 | $44,660 | $39,683 | |
| Contributions, gifts, grants paid | $197,000 | |||
| Excess of revenue over expenses and disbursements | $-17,180 | |||
| Net investment income | $219,503 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $4,320,505 | $4,797,538 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $4,262,675 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $57,830 | |
| Total liabilities | $172 | |
| Mortgages and other notes payable | $0 | |
| Other | $172 | |
| Total liabilities and net assets/fund balances | $4,320,333 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $119,428 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $2,195 |
| Total credits and payments | $3,760 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $3,760 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $1,565 |
| Amount to be credited to 2013 estimated tax | $1,565 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $4,684,703 |
| Net value of noncharitable-use assets | $4,614,440 |
| Minimum investment return | $230,722 |
| Distributable Amount (for 2012) | |
| Distributable amount | $228,527 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $228,527 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $186,464 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Reason Alliance Ltd in Somerville, MA |
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Art Barn Community Theater Inc | PO BOX 470504, Brookline, MA 02447-0504 | MA | 2000-01 | $407,460 |
| 2 | Art Because Inc | PO BOX 3025, Framingham, MA 01705-3025 | MA | 2000-07 | $197,012 |
| 3 | Art Complex Inc | PO BOX 2814, Duxbury, MA 02331-2814 | MA | 1967-10 | $6,311,105 |
| 4 | Art Connection Inc | 539 Tremont St, Boston, MA 02116-6306 | MA | 1996-10 | $255,317 |
| 5 | Art Interactive Inc | 68 Wenham St Ste 2, Jamaica Plain, MA 02130-4129 | MA | 2002-04 | $6,654 |
| 6 | Art Of Black Dance And Music The | 32 Cameron Ave, Somerville, MA 02144-2404 | MA | 1979-11 | $7,198 |
| 7 | Art Of Charity Foundation | 104 Crowell Rd, Chatham, MA 02633-1966 | MA | 1994-05 | $24,513 |
| 8 | Art Of Music Chamber Players Inc | 40 Parkvale Rd, Needham, MA 02492-4119 | MA | 2001-01 | $27,314 |
| 9 | Art Street Inc | 83 Church Street, Newton, MA 02458 | MA | 1991-12 | $57,870 |
| 10 | Artcorps Inc | 240 Old County Road, Ipswich, MA 01938 | MA | 2006-02 | $365,128 |
| 11 | Artemas W Stearns Tr | 9 Bartlet St Ste 343, Andover, MA 01810-3655 | MA | 1972-02 | $1,010,441 |
| 12 | Artemis Fund Inc | Po Box 674, Northampton, MA 01061 | MA | 1998-08 | $8,940 |
| 13 | Arthritis Foundation Inc, New England Region | 25 Crafts St, Newton, MA 02458-1255 | MA | 1978-01 | $5,209,170 |
| 14 | Arthur & Delores Daniels Foundation | PO BOX 9350, Boston, MA 02114-0043 | MA | 1984-11 | $85,593 |
| 15 | Arthur And Sidney R Barnes Family Foundation | 84 State St Ste 11, Boston, MA 02109-2214 | MA | 2008-04 | $69,201 |
| 16 | Arthur And Tamara Waltzman Family Foundation, Waltzman Tamara Ttee | 11 Aletha Rd, Needham, MA 02492-4301 | MA | 2000-02 | $2,295 |
| 17 | Arthur Ashley Williams Foundation | PO BOX 6280, Holliston, MA 01746-6280 | MA | 1954-02 | $304,127 |
| 18 | Arthur C Murray Charitable Foundation | 18 Plymouth River Rd, Hingham, MA 02043-4816 | MA | 2000-03 | $122,319 |
| 19 | Arthur D Little Foundation | 25 Acorn Park, Cambridge, MA 02140-2301 | MA | 1957-08 | $1 |
| 20 | Arthur E And Cooley G Crane Charitable Foundation | 11 Main St, Dalton, MA 01226-1637 | MA | 1984-06 | $3 |
Organization representatives - add corrected or new information about Artemas W Stearns Tr »
Non-representatives - add comments about Artemas W Stearns Tr»