New Mexico Vine & Wine Society Inc in Albuquerque, New Mexico (NM)

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New Mexico Vine & Wine Society Inc
Employer Identification Number (EIN)850245452
Name of OrganizationNew Mexico Vine & Wine Society Inc
In Care of NameJeremia Bumgartel
Address518 Monclare Dr Se, Albuquerque, NM 87108
ActivitiesOther scientific research activities, Discussion groups, forums, panels lectures, etc., Publishing activities
SubsectionEducational Organization, Scientific Organization
Ruling Date03/1979
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$74,867
Amount of Income$48,721
Form 990 Revenue Amount$48,721

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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$28,408
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$23,838
Membership dues and assessments$4,110
Investment income$460
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$31,491
Total net assets$71,872
Deficit for the year$-3,083
Net assets or fund balances at beginning of year$74,955
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$71,872
Total liabilities$0
Net assets or fund balances$71,872
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$123,625
Gifts, grants, contributions, and membership fees received$18,491
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$100,259
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$4,875
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