Lear Theater Inc in Reno, Nevada (NV)
Table of contents:
- Overview
- Detailed Reports
- Statements Regarding Other IRS Filings and Tax Compliance
- Statement of Revenue
- Statement of Functional Expenses
- Balance Sheet
- Reason for Public Charity Status
- Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Nevada
| Lear Theater Inc | |
| Employer Identification Number (EIN) | 880318870 |
| Name of Organization | Lear Theater Inc |
| In Care of Name | Joyce Trombley |
| Address | 528 W 1st St, Reno, NV 89503-5303 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Other cultural or historical activities |
| Subsection | Educational Organization |
| Ruling Date | 10/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Tax Period | 06/2011 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $4,806,864 |
| Amount of Income | $236,196 |
| Form 990 Revenue Amount | $82,921 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts, Culture, and Humanities (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2011
Functional expenses 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? | Yes |
| 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 | $82,921 |
| Contributions, Gifts, Grants and Other Similar Amounts | $136,629 |
| Program Service Revenue | $0 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $8,086 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental loss | $-7,312 |
| Gross rents (Real / Personal) | $2,602 / $0 |
| Less: rental expenses (Real / Personal) | $9,914 / $0 |
| Rental income or (loss) (Real / Personal) | $-7,312 / $0 |
| Net loss from sales of assets other than inventory | $-62,361 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $0 / $81,000 |
| Less: cost or other basis and sales expenses (Securities / Other) | $0 / $143,361 |
| Gain or (loss) (Securities / Other) | $0 / $-62,361 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $7,879 |
| Statement of Functional Expenses (for 2011) | |
| Total functional expenses | $64,698 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $18,388 |
| Payroll taxes | $624 |
| Professional fundraising services | $455 |
| Other | $45,231 |
| Balance Sheet (for 2011) | |
| Total assets | $4,806,864 |
| Total liabilities | $30,540 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $30,000 |
| Other | $540 |
| Total net assets or fund balances | $4,776,324 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2011) | |
| 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 2011) | |
| 2007 - 2011 Total | |
|---|---|
| Total Support | $916,188 |
| Gifts, grants, contributions, and membership fees received | $759,322 |
| 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 | $156,866 |
| Gross receipts from related activities, etc. | $15,965 |
| Unrelated Trade or Business Income (for 2009) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $8,639 | $7,937 | $702 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $86,391 | $7,937 | $702 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2009) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $702 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $702 |
| Specific deduction | $1,000 |
| Write your review! |
|
|
| Recently Added Reviews |
Giving Trail in Reno, NV
 |
| Free & Accepted Masons Of Nevada in Reno, NV |
| Floyd Mayweather Foundation in Las Vegas, NV |
| Mesquite-Toes Tap Team in Mesquite, NV |
|
Just Faith Ministries in Las Vegas, NV
|
A Place Called Home in Las Vegas, NV
 |
|
Bernie Buckley Memorial Golf Tournament in Las Vegas, NV
|
Theophilus Ministries in Pahrump, NV
 |
|
Las Vegas Railroad Society in Las Vegas, NV
|
|
Southern Nevada Stamp Club in Las Vegas, NV
|
| Other organizations in Nevada | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Boys & Girls Clubs Of Southern Nevada | 2850 Lindell Rd, Las Vegas, NV 89146-6815 | NV | 1964-08 | $2,863,201 |
| 2 | Brewery Arts Center | 449 W King St, Carson City, NV 89703-4205 | NV | 1976-03 | $438,185 |
| 3 | Carson City Municipal Golf Corporation | 3999 Centennial Park Dr, Carson City, NV 89706-1407 | NV | 1997-06 | $1,651,761 |
| 4 | Carson Tahoe Regional Healthcare Foundation | PO BOX 2168, Carson City, NV 89702-2168 | NV | 1998-05 | $960,906 |
| 5 | Center For Independent Living Inc | 999 Pyramid Way, Sparks, NV 89431-4471 | NV | 1982-11 | $604,881 |
| 6 | E L Wiegand Foundation | 165 W Liberty St, Reno, NV 89501-1955 | NV | 1982-09 | $26,912,442 |
| 7 | Engelstad Fam Foundation, Engelstad Ralph Ttee | 851 S Rampart Blvd Ste 150, Las Vegas, NV 89145-4884 | NV | 2002-06 | $252,917,910 |
| 8 | Galil Foundation | 3540 W Sahara Ave 700, Las Vegas, NV 89102-5816 | NV | 2006-12 | $784,988 |
| 9 | Greenspun Family Foundation | 2275 Corporate Cir Ste 300, Henderson, NV 89074-7745 | NV | 1990-03 | $277,263 |
| 10 | Junior League Of Reno Inc, Arlington Gardens Country Garden | 190 W Huffaker Ln Ste 407, Reno, NV 89511-4006 | NV | 1969-05 | $186,895 |
| 11 | Lear Theater Inc | 528 W 1st St, Reno, NV 89503-5303 | NV | 1994-10 | $236,196 |
| 12 | Lightworker | 5351 N Lisa Ln, Las Vegas, NV 89149-4612 | NV | 2000-09 | $60,736 |
| 13 | Lili Claire Foundation Inc | 3540 W Sahara Avenue No 182, Las Vegas, NV 89102-5816 | NV | 1998-08 | $325,043 |
| 14 | Merle Thorpe Jr Charitable Tr, Merle Thorpe Jr Ttee | 917 Tahoe Blvd Ste 200, Incline Vlg, NV 89451-9422 | NV | 1994-10 | $1,590,742 |
| 15 | Mesquite Club Inc | PO BOX 95662, Las Vegas, NV 89193-5662 | NV | 2008-03 | $100,177 |
| 16 | Nathan & Violet David Foundation | 598 Lucille Dr, Incline Vlg, NV 89451-9132 | NV | 1989-02 | $276,919 |
| 17 | Nevada Academy Of Family Physicians Foundation | 705 Tahoe Street, Reno, NV 89509-1792 | NV | 2000-03 | $81,318 |
| 18 | Nevada Interscholastic Activities Association | 549 Court St, Reno, NV 89501-1710 | NV | 1975-06 | $1,796,792 |
| 19 | Nevada Opera Association | PO BOX 3256, Reno, NV 89505-3256 | NV | 1968-05 | $507,874 |
| 20 | Nevada Rural Hospital Partners Inc | 4600 Kietzke Ln Ste I209, Reno, NV 89502-5043 | NV | 1995-12 | $1,354,916 |
Organization representatives - add corrected or new information about Lear Theater Inc »
Non-representatives - add comments about Lear Theater Inc»