Valley Art Council in Crookston, Minnesota (MN)
Table of contents:
| Valley Art Council | |
| Employer Identification Number (EIN) | 411290378 |
| Name of Organization | Valley Art Council |
| Address | 603 Central Ave N, Crookston, MN 56716-2716 |
| Subsection | Charitable Organization |
| Ruling Date | 07/1979 |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| 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 | $40,742 |
| Amount of Income | $101,281 |
| Form 990 Revenue Amount | $60,142 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $138,730 | $191,879 | $60,142 |
| Contributions, gifts, grants, and similar amounts received | $137,379 | $190,971 | $2,960 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $1,351 | $908 | $8 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $50,838 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $0 | $91,977 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $41,139 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $6,336 |
| Total expenses | $66,862 | $218,893 | $161,484 |
| Total net assets | $169,098 | $142,084 | $40,742 |
| Excess/Deficit for the year | $71,868 | $-27,014 | $-101,342 |
| Net assets or fund balances at beginning of year | $97,230 | $169,098 | $142,084 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $142,084 | $40,742 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $169,098 | $142,084 | $40,742 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $169,098 | $142,084 | $40,742 |
| 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 | $617,544 |
| Subtotal | $617,544 |
| Gifts, grants, contributions, and membership fees received | $611,208 |
| 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 | $6,336 |
| 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 | $620,029 |
| Public support | $617,544 |
| Subtotal | $2,485 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $2,485 |
| 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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| Other organizations in Minnesota | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Us Working Group Inc, Forest Stewardship Council Us | 212 3rd Ave N Ste 445, Minneapolis, MN 55401-1446 | MN | 1998-06 | $1,959,707 |
| 2 | Us-China Business Connections | Po Box 24492, Minneapolis, MN 55424-0492 | MN | 2007-08 | $16,103 |
| 3 | Usa Track & Field Inc, Usatf Minnesota | 960 Douglas Rd, Mendota Hts, MN 55118-3631 | MN | 1983-10 | $104,712 |
| 4 | Usta-Northern Section | 1001 W 98th St, Bloomington, MN 55431-2637 | MN | 1962-09 | $2,117,210 |
| 5 | Uti Foundation Inc | 10650 County Road 81 Ste 103, Maple Grove, MN 55369-4080 | MN | 1998-06 | $300,786 |
| 6 | Uvlf Opportunities Inc | 3041 4th Ave S, Minneapolis, MN 55408-2410 | MN | 2011-03 | $31,285 |
| 7 | V O S H Inc, Vosh-Minn | 3839 Washington Ave N, Minneapolis, MN 55412-2172 | MN | 1977-07 | $10,403 |
| 8 | Vacationland Figure Skating Club Inc | 18320 Johnson Rd, Brainerd, MN 56401-6054 | MN | 1993-12 | $132,356 |
| 9 | Vadnais Heights Economic Dev Corp | 800 County Road E E, Vadnais Hts, MN 55127-7117 | MN | 1992-08 | $82,205 |
| 10 | Vail Place Inc | 15 9th Ave S, Hopkins, MN 55343-7618 | MN | 1983-05 | $3,126,633 |
| 11 | Valley Art Council | 603 Central Ave N, Crookston, MN 56716-2716 | MN | 1979-07 | $101,281 |
| 12 | Valley Athletic Association | PO BOX 240462, Apple Valley, MN 55124-0462 | MN | 1969-07 | $811,868 |
| 13 | Valley Crest Riders Inc, Steve Quarve Mbr | PO BOX 661, Rushford, MN 55971-0661 | MN | 2008-09 | $454,421 |
| 14 | Valley Golf Association | PO BOX 461, E Grand Forks, MN 56721-0461 | MN | 1971-11 | $577,680 |
| 15 | Valley News Charity Fund | 1305 Stadium Rd, Mankato, MN 56001-5355 | MN | 1985-05 | $125,746 |
| 16 | Valley Of Rochester Scottish Ritechildrens Foundation | 2621 Oak Hills Dr Sw, Rochester, MN 55902-1264 | MN | 2006-11 | $46,937 |
| 17 | Valley Outreach | 1911 Curve Crest Blvd W, Stillwater, MN 55082-6063 | MN | 1983-07 | $1,902,037 |
| 18 | Valley Preschool | 413 Greeley St S, Stillwater, MN 55082-7008 | MN | 1972-01 | $131,889 |
| 19 | Valley Promotions Inc | 108 Baldwin, Granite Falls, MN 56241-1764 | MN | 1978-06 | $171,120 |
| 20 | Valley View Apartments Inc | 200 East 10th Ave, Lamberton, MN 56152-1043 | MN | 1980-09 | $64,534 |
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