Art League Of Henderson County Inc in Hendersonville, North Carolina (NC)

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Art League Of Henderson County Inc
Employer Identification Number (EIN)561424425
Name of OrganizationArt League Of Henderson County Inc
In Care of NameKathy Gagnon
AddressP O Box 514, Hendersonville, NC 28739
ActivitiesArt exhibit, Scholarships (other)
SubsectionCharitable Organization
Ruling Date09/1992
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
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$50,353
Amount of Income$17,971
Form 990 Revenue Amount$17,971


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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$17,971
Contributions, gifts, grants, and similar amounts received$118
Program service revenue including government fees and contracts$9,431
Membership dues and assessments$7,633
Investment income$469
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$320
Gross income from gaming$0
Gross income from fundraising events$435
Less: direct expenses from gaming and fundraising events$115
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$22,101
Total net assets$50,353
Deficit for the year$-4,130
Net assets or fund balances at beginning of year$52,707
Other changes in net assets or fund balances$1,776
Balance Sheets (for 2011)
Total assets$50,353
Total liabilities$0
Net assets or fund balances$50,353
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$101,192
Gifts, grants, contributions, and membership fees received$56,025
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
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$4,404
Other$40,763
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