Eye & I Inc in Brooklyn, New York (NY)

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Eye & I Inc
Employer Identification Number (EIN)412082491
Name of OrganizationEye & I Inc
In Care of NameDelphine Fawundu
Address49 Crown Street 6c, Brooklyn, NY 11225
SubsectionCharitable Organization
Ruling Date07/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$6,053
Amount of Income$77,400
Form 990 Revenue Amount$77,400
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Visual Arts Organizations


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Amount of income in 2014: $77,400 (it was $77,400 in 2012)
This organization: 

 $77,400
Other organizations performing similar types of work: 

 $50,352

Assets in 2014: $6,053 (it was $6,053 in 2012)
Eye & I Inc: 

 $6,053
Other organizations performing similar types of work: 

 $28,414

Expenses in 2012: $71,347
This organization: 

 $71,347
Other organizations performing similar types of work: 

 $39,961

Income to expenses ratio in 2012: 1.1
Eye & I Inc: 

 1.1
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2012: 100.0%
Eye & I Inc: 

 100.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$77,400
Contributions, gifts, grants, and similar amounts received$77,400
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
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$71,347
Total net assets$6,053
Excess for the year$6,053
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$6,053
Total liabilities$0
Net assets or fund balances$6,053
Other Information (for 2012)
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 2012)
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 2012)
2008 - 2012 Total
Total Support$273,900
Gifts, grants, contributions, and membership fees received$273,900
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$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Stephen Hahn Foundation, Hahn Stephen R Ttee450 7th Ave Ste 2701, New York, NY 10123-2701NY1991-08$1,028,615
2The Laundromat Project275 Macdonough Street, Brooklyn, NY 11233NY2010-02$492,718
3Venetian Heritage Inc2nd Flr, New York, NY 10022NY1999-03$405,813
4Modern Quilt Guild IncPo 1031, Getsville, NY 14068NY2014-08$303,484
5Salem Art Works IncPO BOX 512, Salem, NY 12865-0512NY2007-12$264,233
6Boffo Inc85 Kenmare St Apt 22, New York, NY 10012-4516NY2011-04$156,939
7Brooklyn Film Society IncPO BOX 110521, Brooklyn, NY 11211-0521NY2010-11$128,845
8Center For Initiatives In Art & Culture Inc333 East 57th Street No 13b, New York, NY 10022NY2008-11$113,791
9More Art Inc71 Nassau St, New York, NY 10038-3716NY2009-03$94,947
10Arts Horizons Leroy Neiman Art Center Inc2785 Frederick Douglass Boulevard, New York, NY 10039-3152NY2014-09$93,849
11Eye & I Inc49 Crown Street 6c, Brooklyn, NY 11225NY2003-07$77,400
12Cherry Valley Art Works IncPo Box 92, Cherry Valley, NY 13320NY2006-01$50,990
13Harrison Foundation For Ecology And The Arts600 Third Ave, New York, NY 10016-1901NY2011-05$43,459
14Human Future Dance Corps Inc140-42 Second Avenue, New York, NY 10003NY2010-04$41,279
15Thomas Moran Trust IncPO BOX 1234, East Hampton, NY 11937-0793NY2007-05$40,798
16Sonnabend Collection FoundationC/O Goldglit Co Llp 499 7th Avenue, New York, NY 10018NY2013-12$40,000
17Society Of American Registered Architects Education Fund Inc6167 77th St, Middle Vlg, NY 11379-1331NY2007-04$38,220
18Leon Polk Smith Foundation Inc275 Madison Ave Ste 1200, New York, NY 10016-1119NY2012-09$28,878
19The American Associates Of The National Galleries Of Scotland Inc120 E End Ave 4a, New York, NY 10028-7552NY2002-03$25,002
20Theater In The Woods Film Conservatory Inc2 Helena Rd, Staten Island, NY 10304-1353NY2011-09$18,225
Number of organizations performing similar types of work
Alaska6
Alabama10
Arkansas11
Arizona25
California176
Colorado45
Connecticut18
District of Columbia12
Delaware4
Florida104
Georgia38
Hawaii10
Iowa17
Idaho11
Illinois62
Indiana31
Kansas7
Kentucky19
Louisiana13
Massachusetts42
Maryland24
Maine12
Michigan45
Minnesota19
Missouri26
Mississippi9
Montana11
North Carolina38
North Dakota4
Nebraska8
New Hampshire3
New Jersey34
New Mexico25
Nevada11
New York155
Ohio45
Oklahoma10
Oregon36
Pennsylvania51
Rhode Island4
South Carolina26
South Dakota3
Tennessee20
Texas100
Utah12
Virginia49
Vermont11
Washington44
Wisconsin21
West Virginia6
Wyoming3
International2
Total1,528

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