Downtown Art Co in New York, New York (NY)
Table of contents:
| Downtown Art Co | |
| Employer Identification Number (EIN) | 133465285 |
| Name of Organization | Downtown Art Co |
| Address | 61 E 4th St, New York, NY 10003-8963 |
| Activities | Community theatrical group |
| Subsection | Charitable Organization |
| Ruling Date | 10/1993 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $117,008 |
| Amount of Income | $72,578 |
| Form 990 Revenue Amount | $72,578 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $71,263 | $64,209 | $91,745 |
| Contributions, gifts, grants, and similar amounts received | $49,765 | $41,844 | $62,643 |
| Program service revenue including government fees and contracts | $8,667 | $6,809 | $15,381 |
| Membership dues and assessments | $0 | $0 | $0 |
| 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 | $12,616 | $15,427 | $13,721 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $13,730 | $16,665 | $13,721 |
| Less: direct expenses from gaming and fundraising events | $1,114 | $1,238 | $0 |
| Gross profit/loss from sales of inventory | $199 | $125 | $0 |
| Other revenue | $16 | $3 | $0 |
| Total expenses | $71,384 | $63,174 | $66,266 |
| Total net assets | $107,451 | $109,189 | $113,967 |
| Excess/Deficit for the year | $-121 | $1,036 | $25,479 |
| Net assets or fund balances at beginning of year | $107,572 | $108,153 | $108,488 |
| Other changes in net assets or fund balances | $0 | $0 | $-20,000 |
| Net assets or fund balances at end of year | $108,487 | $113,967 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $115,715 | $117,561 | $128,304 |
| Total liabilities | $8,264 | $8,372 | $14,337 |
| Net assets or fund balances | $107,451 | $109,189 | $113,967 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| 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 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 supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $0 |
| Subtotal | $378,931 |
| Gifts, grants, contributions, and membership fees received | $236,000 |
| 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 | $142,931 |
| 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 | $378,931 |
| 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 | $378,931 |
| Public support | $378,931 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
| Stein Senior Center Inc in New York, NY |
| The Bridge Inc in New York, NY |
|
Lucis Trust And Arcane School in New York, NY
|
Crawfish For Cancer Inc in New York, NY
 |
| National Council Of Ghanaian Association Inc in New York, NY |
|
Tay-Bandz Inc in New York, NY
|
| Polish American Immigration And Relief Committee Inc in New York, NY |
|
Stationary Engineers Fireman Mntnce & Bldg Srvc Union Loc 670 Wlfr Fnd in New York, NY
|
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Down Town Association | 60 Pine St, New York, NY 10005-1501 | NY | 1918-05 | $6,233,477 |
| 2 | Downey Side Inc | 210 W 31st St, New York, NY 10001-2802 | NY | 1968-05 | $486,301 |
| 3 | Downing Park Planning Committee Inc, Dppc | Po Pox 306, Newburgh, NY 12551 | NY | 1989-05 | $14,732 |
| 4 | Downs Syndrome-Aim Hihgh Inc | 1 Marcus Blvd Ste 105, Albany, NY 12205-5953 | NY | 1983-05 | $59,455 |
| 5 | Downstairs Cabaret | 20 Windsor St, Rochester, NY 14605-2935 | NY | 1984-03 | $813,098 |
| 6 | Downstate Insurance Association Council Inc | 1022 Rochelle Ct, Uniondale, NY 11553-3022 | NY | 1990-05 | $12,512 |
| 7 | Downstate Juniors Vbc Inc | 8 John Walsh Blvd Ste 600, Peekskill, NY 10566-5350 | NY | 2014-06 | $802,123 |
| 8 | Downstate Ny National Association Of Health Underwriters | Marks Paneth Llp 685 Third Ave, New York, NY 10017 | NY | 2004-11 | $229,818 |
| 9 | Downstate Technology Center Inc | 450 Clarkson Ave Msc 65, Brooklyn, NY 11203-2012 | NY | 2003-01 | $1,007,654 |
| 10 | Downsville Youth Soccer Club | Po Box 552, Downsville, NY 13755 | NY | 2005-02 | $1,152 |
| 11 | Downtown Art Co | 61 E 4th St, New York, NY 10003-8963 | NY | 1993-10 | $72,578 |
| 12 | Downtown Arts Development Inc | 155 Varick St, New York, NY 10013-1106 | NY | 2004-10 | $19,677 |
| 13 | Downtown Arts Projects Inc | 114 Fulton Street, New York, NY 10038 | NY | 1995-07 | $358,018 |
| 14 | Downtown Athletic Club Of New York | 17 Battery Pl Ste 943, New York, NY 10004-1163 | NY | 1928-07 | $885,365 |
| 15 | Downtown Beautification Organization Of Center Moriches Inc | 369 Main Street, Center Moriches, NY 11934 | NY | 2007-04 | $4,714 |
| 16 | Downtown Boathouse Inc | PO BOX 20214, New York, NY 10014-0710 | NY | 1995-02 | $19,492 |
| 17 | Downtown Bronx Eco Development Corporation | 478 Austin Place, Bronx, NY 10455 | NY | 2004-05 | $55,195 |
| 18 | Downtown Brooklyn Neighborhood Alliance | 415 Atlantic Ave, Brooklyn, NY 11217-1702 | NY | 2007-07 | $238,445 |
| 19 | Downtown Brooklyn Partnership | 1 Metrotech Ctr N Rm 1003, Brooklyn, NY 11201-3874 | NY | 2007-08 | $2,558,066 |
| 20 | Downtown Canandaigua Business Management Assoc Inc | Management Assoc Inc 115 South Main, Canandiagua, NY 14424 | NY | 1997-04 | $118,003 |
Organization representatives - add corrected or new information about Downtown Art Co »
Non-representatives - add comments about Downtown Art Co»