Friends Of Arts Are Basic in Lincoln, Nebraska (NE)

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Friends Of Arts Are Basic
Employer Identification Number (EIN)470842606
Name of OrganizationFriends Of Arts Are Basic
In Care of NameDoane College
Address303 N 52nd St, Lincoln, NE 68504-3507
SubsectionCharitable Organization, Educational Organization
Ruling Date07/2001
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period06/2013
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$16,728
Amount of Income$107,974
Form 990 Revenue Amount$107,464
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts Education


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Amount of income in 2013: $107,974 (it was $71,948 in 2012)
Friends Of Arts Are Basic: 

 $107,974
Other organizations performing similar types of work: 

 $63,694

Assets in 2013: $16,728 (it was $4,456 in 2012)
Friends Of Arts Are Basic: 

 $16,728
Other organizations performing similar types of work: 

 $22,158

Expenses in 2012: $70,253
Friends Of Arts Are Basic: 

 $70,253
Other organizations performing similar types of work: 

 $58,738

Income to expenses ratio in 2012: 1.5
This organization: 

 1.5
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 54.0%
Friends Of Arts Are Basic: 

 54.0%
Other organizations performing similar types of work: 

 72.3%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$71,238
Contributions, gifts, grants, and similar amounts received$38,483
Program service revenue including government fees and contracts$16,718
Membership dues and assessments$1,138
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$14,899
Gross income from gaming$0
Gross income from fundraising events$15,609
Less: direct expenses from gaming and fundraising events$710
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$70,253
Total net assets$3,746
Excess for the year$985
Net assets or fund balances at beginning of year$2,761
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$4,456
Total liabilities$710
Net assets or fund balances$3,746
Other Information (for 2012)
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 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$130,866
Gifts, grants, contributions, and membership fees received$130,866
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$0
Gross receipts from related activities, etc.$33,465
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Oklahoma Arts Institute Foundation111 Nw 9th St, Oklahoma City, OK 73102-5808OK2014-08$6,710,084
2Grandview Foundation Inc484 South Maya Palm Drive, Boca Raton, FL 33432FL2010-09$4,686,061
3Purple Crayon Productions IncPO BOX 158, South Pomfret, VT 05067-0158VT2008-05$3,430,278
4Ingenuity Incorporated Chicago11 E Hubbard St Ste 200, Chicago, IL 60611-5637IL2011-09$2,796,456
5Thomas H And Diane Demell Jacobsen Phd FoundationPO BOX 387, Saint Louis, MO 63166-0387MO2012-08$2,283,505
6Foundation For Lincoln Public SchoolsPO BOX 82889, Lincoln, NE 68501-2889NE1987-06$2,261,968
7Youth Music Project2015 8th Avenue, West Linn, OR 97068OR2013-09$1,427,846
8School Of Arts And Culture At Mhp1700 Alum Rock Avenue, San Jose, CA 95116CA2011-07$1,329,694
9The Katharine Hepburn Cultural Arts Center Inc300 Main St, Old Saybrook, CT 06475-2395CT2008-04$1,279,406
10Pennwick Foundation980 Fifth Ave Ste 21-B, New York, NY 10075-0191NY2009-07$1,184,492
11Studio Incamminati340 N 12th Street Suite 500, Philadelphia, PA 19107-1102PA2007-05$1,038,670
12Estria Foundation484 Lake Park Ave 667, Oakland, CA 94610-2730CA2011-03$1,010,986
13San Francisco Arts Education Project135 Van Ness Ave, San Francisco, CA 94102-5207CA1971-01$999,042
14Youth Speak Collective444 S Brand Blvd Ste 201, San Fernando, CA 91340-3610CA2006-04$912,510
15402 Arts Collective6051 Maple St, Omaha, NE 68104-4065NE2012-07$215,466
16Friends Of Arts Are Basic303 N 52nd St, Lincoln, NE 68504-3507NE2001-07$107,974
17Friends Of The Nebraska 150 Sesquicentennial203 S 6th St, Seward, NE 68434-2401NE2013-12$65,440
18Allegro Wolf Productions IncorporatedBox 450, Sutton, NE 68979NE2012-09$0
19Fashion Institute MidwestPO BOX 3242, Omaha, NE 68103-0242NE2014-09$0
20Sarpy Area Arts Council8820 Arbor St, Omaha, NE 68124NE2009-06$0
Number of organizations performing similar types of work
Alaska12
Alabama24
Arkansas20
Arizona64
California460
Colorado77
Connecticut52
District of Columbia25
Delaware5
Florida155
Georgia77
Hawaii21
Iowa19
Idaho9
Illinois104
Indiana37
Kansas19
Kentucky32
Louisiana26
Massachusetts73
Maryland58
Maine22
Michigan72
Minnesota43
Missouri43
Mississippi18
Montana17
North Carolina65
North Dakota9
Nebraska7
New Hampshire17
New Jersey74
New Mexico22
Nevada21
New York267
Ohio79
Oklahoma25
Oregon65
Pennsylvania101
Rhode Island14
South Carolina19
South Dakota5
Tennessee40
Texas177
Utah21
Virginia55
Vermont15
Washington73
Wisconsin39
West Virginia7
Wyoming10
International7
Total2,818

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