Sault Ste Marie Foundation For Culture And History in Sault S Marie, Michigan (MI)
Table of contents:
| Sault Ste Marie Foundation For Culture And History | |
| Employer Identification Number (EIN) | 382948641 |
| Name of Organization | Sault Ste Marie Foundation For Culture And History |
| Address | PO BOX 627, Sault S Marie, MI 49783-0627 |
| Activities | Museum, zoo, planetarium, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 10/1990 |
| 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 | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $28,258 |
| Amount of Income | $106,387 |
| Form 990 Revenue Amount | $104,484 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Museum, Museum Activities |
Non-representatives - add comments:
Amount of income in 2013: $106,387 (it was $47,256 in 2012)
| Sault Ste Marie Foundation For Culture And History: | $106,387 |
| Other organizations performing similar types of work: | $433,282 |
Assets in 2013: $28,258 (it was $12,881 in 2012)
| Sault Ste Marie Foundation For Culture And History: | $28,258 |
| Other organizations performing similar types of work: | $1,224,023 |
Expenses in 2013: $92,103
| Sault Ste Marie Foundation For Culture And History: | $92,103 |
| Other organizations performing similar types of work: | $338,913 |
Income to expenses ratio in 2013: 1.2
| Sault Ste Marie Foundation For Culture And History: | 1.2 |
| Other organizations performing similar types of work: | 1.5 |
Grants share in income in 2013: 90.9%
| Sault Ste Marie Foundation For Culture And History: | 90.9% |
| Other organizations performing similar types of work: | 70.6% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $97,608 | $45,659 | $104,484 |
| Contributions, gifts, grants, and similar amounts received | $88,093 | $34,832 | $94,924 |
| Program service revenue including government fees and contracts | $8,467 | $8,239 | $7,516 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $13 | $6 | $6 |
| 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 | $1,014 | $2,582 | $2,038 |
| Gross sales of inventory, less returns and allowances | $2,439 | $4,179 | $3,941 |
| Less: cost of goods sold | $1,425 | $1,597 | $1,903 |
| Other revenue | $21 | $0 | $0 |
| Total expenses | $101,865 | $47,794 | $92,103 |
| Total net assets | $7,401 | $5,266 | $17,647 |
| Excess/Deficit for the year | $-4,257 | $-2,135 | $12,381 |
| Net assets or fund balances at beginning of year | $11,658 | $7,401 | $5,266 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $5,266 | $17,647 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $10,059 | $12,881 | $28,258 |
| Total liabilities | $2,658 | $7,615 | $10,611 |
| Net assets or fund balances | $7,401 | $5,266 | $17,647 |
| 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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $580,245 |
| Subtotal Support | $580,245 |
| Gifts, grants, contributions, and membership fees received | $580,245 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $580,245 |
| Public Support | $580,245 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $11,463 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Smith Museum Of Stained Glass Windows And American Art | 20 N Wacker Drive, Chicago, IL 60606-2806 | IL | 1994-05 | $838,665 |
| 2 | Port Huron Museum Of Arts & History | 1115 6th St, Port Huron, MI 48060-5346 | MI | 1967-12 | $727,265 |
| 3 | Witte Museum | 3801 Broadway St, San Antonio, TX 78209-6309 | TX | 1932-11 | $20,214,005 |
| 4 | Studio Museum In Harlem Inc | 144 W 125th Street, New York, NY 10027-4423 | NY | 1967-11 | $11,364,824 |
| 5 | Southwest Dairy Museum Inc | 1210 Houston St, Sulphur Spgs, TX 75482-2310 | TX | 1983-11 | $8,689,664 |
| 6 | Uss Constitution Museum Inc | PO BOX 291812, Charlestown, MA 02129-0215 | MA | 1973-01 | $8,440,275 |
| 7 | Museum Of African American History | 315 E Warren Ave, Detroit, MI 48201-1443 | MI | 1966-12 | $5,901,267 |
| 8 | Yankee Air Force Incorporated | PO BOX 590, Belleville, MI 48112-0590 | MI | 1982-02 | $4,557,797 |
| 9 | Classic Car Club Of America Museum Inc | PO BOX 2113, Dearborn, MI 48123-2113 | MI | 1982-12 | $3,214,063 |
| 10 | Michigan Maritime Museum Inc | 260 Dyckman Ave, South Haven, MI 49090-1065 | MI | 1983-12 | $620,013 |
| 11 | Silver Beach Carousel Society Inc | PO BOX 497, St Joseph, MI 49085-0497 | MI | 2000-02 | $476,783 |
| 12 | History Center Of Traverse City | 322 Sixth St, Traverse City, MI 49684-2414 | MI | 1987-07 | $343,560 |
| 13 | Us National Ski Hall Of Fame And Museum Inc | PO BOX 191, Ishpeming, MI 49849-0191 | MI | 1985-03 | $339,307 |
| 14 | Motorsports Museum & Hall Of Fame Of America Foundation Inc | PO BOX 194, Novi, MI 48376-0194 | MI | 1988-08 | $305,850 |
| 15 | Music House | PO BOX 297, Acme, MI 49610-0297 | MI | 1987-06 | $272,513 |
| 16 | Michigan Sports Hall Of Fame Inc | PO BOX 1073, Farmington, MI 48332-1073 | MI | 1926-01 | $193,768 |
| 17 | National Polish American Sports Hall Of Fame | 408 E 14 Mile Rd, Madison Hts, MI 48071-1404 | MI | 1976-04 | $170,720 |
| 18 | Michigan Flywheelers Museum | 64958 M43 Highway, South Haven, MI 49090 | MI | 1996-04 | $155,264 |
| 19 | Sault Ste Marie Foundation For Culture And History | PO BOX 627, Sault S Marie, MI 49783-0627 | MI | 1990-10 | $106,387 |
| 20 | Ukrainian American Archives & Museum Inc | 11756 Charest St, Hamtramck, MI 48212-3059 | MI | 1967-08 | $76,434 |
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