Gem & Mineral Society Of Franklin N C in Franklin, North Carolina (NC)

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Gem & Mineral Society Of Franklin N C
Employer Identification Number (EIN)237378128
Name of OrganizationGem & Mineral Society Of Franklin N C
In Care of NameMarie Tsacrios
Address25 Phillips Street, Franklin, NC 28734
ActivitiesMuseum, zoo, planetarium, etc., Study and research (non scientific), Other instruction and training
SubsectionCharitable Organization, Educational Organization
Ruling Date10/1974
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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$37,860
Amount of Income$19,674
Form 990 Revenue Amount$19,674


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Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$19,674
Contributions, Gifts, Grants and Other Similar Amounts$19,522
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$152
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$17,819
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$17,819
Balance Sheet (for 2011)
Total assets$37,860
Total liabilities$0
Total net assets or fund balances$37,860
Retained earnings, endowment, accumulated income, or other funds$37,860
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$70,578
Gifts, grants, contributions, and membership fees received$69,522
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$1,056
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