New Hampshire Business Committee For The Arts in Concord, New Hampshire (NH)

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Table of contents:

New Hampshire Business Committee For The Arts
Employer Identification Number (EIN)	020397596
Name of Organization	New Hampshire Business Committee For The Arts
Address	1 Granite Pl, Concord, NH 03301-3258
Activities	Other cultural or historical activities, Described in section 170(b)1)(a)(vi) of the Code
Subsection	Educational Organization
Ruling Date	01/1987
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	04/2014
Assets	$25,000 to $99,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$28,539
Amount of Income	$113,515
Form 990 Revenue Amount	$89,668
National Taxonomy of Exempt Entities (NTEE)	Arts, Culture and Humanities: Arts Council/Agency

Non-representatives - add comments:

Amount of income in 2014: $113,515 (it was $113,804 in 2013)

New Hampshire Business Committee For The Arts:	$113,515
Other organizations performing similar types of work:	$208,353

Assets in 2014: $28,539 (it was $26,441 in 2013)

New Hampshire Business Committee For The Arts:	$28,539
Other organizations performing similar types of work:	$223,826

Expenses in 2014: $87,570

This organization:	$87,570
Other organizations performing similar types of work:	$198,715

Income to expenses ratio in 2014: 1.3

New Hampshire Business Committee For The Arts:	1.3
Other organizations performing similar types of work:	1.1

Grants share in income in 2014: 40.4%

This organization:	40.4%
Other organizations performing similar types of work:	77.7%

Financial snapshot ($)

Revenue for 2014

Support schedule

	2012	2013	2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$86,620	$90,221	$89,668
Contributions, gifts, grants, and similar amounts received	$23,090	$30,812	$36,263
Program service revenue including government fees and contracts	$6,500	$5,900	$5,400
Membership dues and assessments	$57,000	$53,500	$48,000
Investment income	$30	$4	$5
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross income from gaming	$0	$0	$0
Gross income from fundraising events	$24,460	$23,583	$23,847
Less: direct expenses from gaming and fundraising events	$24,460	$23,583	$23,847
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$5	$0
Total expenses	$85,247	$87,456	$87,570
Total net assets	$23,676	$26,441	$28,539
Excess/Deficit for the year	$1,373	$2,765	$2,098
Net assets or fund balances at beginning of year	$22,303	$23,676	$26,441
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$26,441	$28,539

	2012	2013	2014
Other Information
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 2014)
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

	2010 - 2014 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
Public Support	$403,119
Subtotal Support	$403,119
Gifts, grants, contributions, and membership fees received	$403,119
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	$403,402
Public Support	$403,119
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$283
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.	$0