Gallery X Inc in New Bedford, Massachusetts (MA)
Table of contents:
| Gallery X Inc | |
| Employer Identification Number (EIN) | 043136128 |
| Name of Organization | Gallery X Inc |
| Address | 169 William St, New Bedford, MA 02740-6021 |
| Activities | Art exhibit |
| Subsection | Charitable Organization |
| Ruling Date | 10/1992 |
| 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 | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $61,888 |
| Amount of Income | $38,223 |
| Form 990 Revenue Amount | $38,223 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Art Museums |
Non-representatives - add comments:
Amount of income in 2013: $38,223 (it was $47,221 in 2012)
| Gallery X Inc: | $38,223 |
| Other organizations performing similar types of work: | $1,258,505 |
Assets in 2013: $61,888 (it was $66,671 in 2012)
| This organization: | $61,888 |
| Other organizations performing similar types of work: | $4,746,079 |
Expenses in 2013: $40,080
| Gallery X Inc: | $40,080 |
| Other organizations performing similar types of work: | $906,066 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 88.0%
| This organization: | 88.0% |
| Other organizations performing similar types of work: | 64.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $50,513 | $47,221 | $38,223 |
| Contributions, gifts, grants, and similar amounts received | $45,073 | $42,061 | $33,620 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $5,440 | $5,160 | $4,603 |
| 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 | $50,882 | $46,622 | $40,080 |
| Total net assets | $38,357 | $38,956 | $37,099 |
| Excess/Deficit for the year | $-369 | $599 | $-1,857 |
| Net assets or fund balances at beginning of year | $38,726 | $38,357 | $38,956 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $38,956 | $37,099 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $68,837 | $66,671 | $61,888 |
| Total liabilities | $30,480 | $27,715 | $24,789 |
| Net assets or fund balances | $38,357 | $38,956 | $37,099 |
| 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: (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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $217,021 |
| Subtotal | $217,021 |
| Gifts, grants, contributions, and membership fees received | $217,021 |
| 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 | $247,279 |
| Public support | $217,021 |
| Subtotal | $30,258 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $30,258 |
| 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 | Museum Of Fine Arts | 465 Huntington Ave, Boston, MA 02115-5523 | MA | 1965-01 | $289,678,188 |
| 2 | Sterling & Francine Clark Art Inst | 225 South St, Williamstown, MA 01267-2878 | MA | 1951-09 | $116,912,527 |
| 3 | Isabella Stewart Gardner Museum Inc | 280 The Fenway, Boston, MA 02115-5809 | MA | 1937-12 | $28,791,598 |
| 4 | Worcester Art Museum | 55 Salisbury St, Worcester, MA 01609-3123 | MA | 1934-03 | $27,391,802 |
| 5 | Institute Of Contemporary Art | 100 Northern Ave, Boston, MA 02210-1802 | MA | 1959-07 | $21,454,337 |
| 6 | Norman Rockwell Museum At Stockbridge Inc | 9 Glendale Rd, Stockbridge, MA 01262-9702 | MA | 1969-08 | $4,285,272 |
| 7 | The Columbus Museum Inc | 1251 Wynnton Rd, Columbus, GA 31906-2810 | GA | 1954-11 | $14,747,840 |
| 8 | Salvador Dali Museum Inc | 1 Dali Blvd, St Petersburg, FL 33701-3920 | FL | 1981-05 | $11,121,580 |
| 9 | De Cordova And Dana Museum And Park, De Cordova Museum & Sculpture Park | 51 Sandy Pond Rd, Lincoln, MA 01773-2600 | MA | 1949-07 | $7,395,837 |
| 10 | Tampa Museum Of Art Inc | 120 W Gasparilla Plz, Tampa, FL 33602-1500 | FL | 1979-11 | $3,977,936 |
| 11 | Tucson Museum Of Art | 140 N Main Ave, Tucson, AZ 85701-8218 | AZ | 1956-02 | $3,890,252 |
| 12 | The Mobile Museum Of Art Inc | 4850 Museum Dr, Mobile, AL 36608-1917 | AL | 1996-02 | $3,749,971 |
| 13 | The American Visionary Art Museum Inc | 800 Key Hwy, Baltimore, MD 21230-3940 | MD | 1994-05 | $3,006,291 |
| 14 | Washington County Museum Of Fine Arts | PO BOX 423, Hagerstown, MD 21741-0423 | MD | 1947-07 | $2,359,715 |
| 15 | Thomas Gilcrease Museum Association | 1400 Gilcrease Rd, Tulsa, OK 74127 | OK | 1963-12 | $2,320,560 |
| 16 | Provincetown Art Association And Museum Inc | 460 Commercial St, Provincetown, MA 02657-2415 | MA | 1952-03 | $2,112,724 |
| 17 | Danforth Museum Corp | 123 Union Ave, Framingham, MA 01702-8223 | MA | 1974-03 | $1,549,906 |
| 18 | Fitchburg Art Museum | 25 Merriam Pkwy, Fitchburg, MA 01420-7523 | MA | 1948-06 | $1,113,101 |
| 19 | The Cahoon Museum Of American Art Inc | PO BOX 1853, Cotuit, MA 02635-1853 | MA | 1987-08 | $481,783 |
| 20 | Arts Institute Group Of The Merrimack Valley Inc | Po Box 879, Methuen, MA 01844 | MA | 2000-08 | $0 |
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