Bluseed Studios Inc in Saranac Lake, New York (NY)

Organization representatives - add corrected or new information about Bluseed Studios Inc »

Non-representatives - add comments about Bluseed Studios Inc»

Bluseed Studios Inc
Employer Identification Number (EIN)800030909
Name of OrganizationBluseed Studios Inc
In Care of NameCarol Marie Vossler
Address24 Cedar Street, Saranac Lake, NY 12983-1179
SubsectionEducational Organization
Ruling Date09/2007
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 Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$11,542
Amount of Income$47,378
Form 990 Revenue Amount$47,378
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts Service Organizations and Activities


Non-representatives - add comments:


CAPTCHA

Your IP address 18.232.188.89 will be logged.

Amount of income in 2013: $47,378 (it was $75,800 in 2013)
This organization: 

 $47,378
Other organizations performing similar types of work: 

 $60,352

Assets in 2013: $11,542 (it was $761 in 2013)
This organization: 

 $11,542
Other organizations performing similar types of work: 

 $33,855

Expenses in 2013: $36,628
Bluseed Studios Inc: 

 $36,628
Other organizations performing similar types of work: 

 $58,375

Income to expenses ratio in 2013: 1.3
Bluseed Studios Inc: 

 1.3
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2013: 19.9%
This organization: 

 19.9%
Other organizations performing similar types of work: 

 35.5%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$73,253$74,574$47,378
Contributions, gifts, grants, and similar amounts received$22,846$9,142$9,448
Program service revenue including government fees and contracts$50,407$49,827$28,550
Membership dues and assessments$0$15,598$9,380
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$7$0
Total expenses$71,440$69,491$36,628
Total net assets$2,556$5,986$9,591
Excess/Deficit for the year$1,813$5,083$10,750
Net assets or fund balances at beginning of year$1,645$903$-1,159
Other changes in net assets or fund balances$-902$0$0
Net assets or fund balances at end of year$0$5,986$9,591
Balance Sheets
201120122013
Total assets$4,526$7,552$11,542
Total liabilities$1,970$1,566$1,951
Net assets or fund balances$2,556$5,986$9,591
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYesNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoYesYes
Total amount involved$0$1,566$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2013)
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
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$328,861
Subtotal$328,861
Gifts, grants, contributions, and membership fees received$139,779
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$189,082
Gross receipts from activities that are not an unrelated trade or business under section 513$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
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$328,870
Public support$328,861
Subtotal$9
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$9
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Bluseed Studios Inc to others? (optional)
  
Add photo of Bluseed Studios Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Leir Foundation Inc in New York, NY
*****
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
*****
Untapped Shores International Inc in Rochester, NY
*****
Stein Senior Center Inc in New York, NY
Romulus Club Inc in Buffalo, NY
****•
Clarendon Historical Society in Clarendon, NY
Grace Fellowship Ministries Inc in Brooklyn, NY
The Bridge Inc in New York, NY
Gateway Youth Outreach Inc in Elmont, NY
*****
Lucis Trust And Arcane School in New York, NY
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Friends Of The National Arts Collection FundSullivan Cromwell Llp 125 Broad Street, New York, NY 10004NY2007-10$885,216
2Processional Arts Workshop Inc, Superior Concept Monsters90 La Bergerie Ln, Red Hook, NY 12571-2912NY2009-09$58,042
3Friends Of The Choir Of The Cathedral Of All Saints Inc62 S Swan St, Albany, NY 12210NY2014-08$47,046
4Young Vic In AmericaPO BOX 237031, New York, NY 10023-0028NY2003-04$46,620
5Strawtown Art & Garden Studio179 S Mountain Rd, New City, NY 10956-2316NY2013-12$36,591
6Arlene Topal Creative Arts Find Inc14 Penn Plz Ste 1800, New York, NY 10122-1800NY2012-11$5,565
7Betterarts31060 Cottage Hill Road, Redwood, NY 13679NY2012-03$1,131
8Albany Arts And Literacy Center Inc162 S Pearl Street, Albany, NY 12202NY2014-08$0
9Art For China Foundation106 Central Park S Apt 4f, Manhattan, NY 10019-1568NY2013-06$0
10Art Industry Opportunity Inc35 Lehigh Street, Geneva, NY 14456NY2010-12$0
11Arte Ba FoundationC/O Wec 22 W 21st Street 9th Flo, New York, NY 10010NY2003-12$0
12Artisans Guild Of America21-07 41st Avenue 5th Floor, Long Island City, NY 11101NY2014-04$0
13Chelsea Project For Contemporary Arts Education760 West End Avenue 12b, New York, NY 10025NY2008-10$0
14China Residencies Inc538 Driggs Ave, Brooklyn, NY 11211NY2014-09$0
15Citizens For The Arts Inc126 E 12th Street 3c, New York, NY 10003NY2013-07$0
16Colloquium Depot Ltd343 East 30 Street 4l, New York, NY 10016NY2012-02$0
17Depart Foundation Inc590 Madison Ave 8th Flr, New York, NY 10022-2524NY2014-08$0
18Directors Forum Inc9 East First Street Suite 4e, New York, NY 10003NY2008-09$0
19Friends Of Mamakating LibraryPO BOX 493, Wurtsboro, NY 12790-0493NY2015-01$0
20Golden Phoenix Productions Inc3457 82nd Street 3c, Jackson Heights, NY 11372NY2002-07$0
Number of organizations performing similar types of work
Alaska1
Alabama2
Arkansas4
Arizona2
California58
Colorado10
Connecticut7
District of Columbia3
Florida29
Georgia13
Hawaii3
Iowa7
Idaho2
Illinois12
Indiana8
Kansas4
Kentucky2
Louisiana3
Massachusetts9
Maryland10
Maine6
Michigan13
Minnesota11
Missouri6
Mississippi2
Montana1
North Carolina18
North Dakota1
Nebraska1
New Hampshire3
New Jersey12
New Mexico4
Nevada3
New York49
Ohio14
Oklahoma2
Oregon8
Pennsylvania9
Rhode Island1
South Carolina5
South Dakota1
Tennessee8
Texas14
Utah1
Virginia12
Vermont4
Washington4
Wisconsin7
West Virginia3
Total412

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Bluseed Studios Inc and has no official or unofficial affiliation with Bluseed Studios Inc