Mona Bismarck American Center For Art And Culture in Brooklyn, New York (NY)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in New York
| Mona Bismarck American Center For Art And Culture | |
| Employer Identification Number (EIN) | 133073031 |
| Name of Organization | Mona Bismarck American Center For Art And Culture |
| In Care of Name | Maureen W Mccarthy |
| Address | 362 Pacific St Ste 2, Brooklyn, NY 11217-2218 |
| Activities | "Unspecified" |
| Subsection | Educational Organization |
| Ruling Date | 08/1981 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $8,392,573 |
| Amount of Income | $6,456,117 |
| Form 990 Revenue Amount | $1,241,212 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $567,318 | $420,896 | $420,896 | |
| Contributions, gifts, grants, etc., received | $56,799 | |||
| Interest on savings and temporary cash investments | $20,375 | |||
| Dividends and interest from securities | $40,308 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $449,836 | |||
| Total expenses and disbursements | $1,985,769 | $109,903 | $262,700 | $1,864,863 |
| Compensation of officers, directors, trustees, etc. | $246,654 | |||
| Total operating and administrative expenses | $1,985,769 | $109,903 | $1,864,863 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-1,418,451 | |||
| Net investment income | $310,993 | |||
| Adjusted net income | $158,196 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $6,576,063 | $30,417,077 |
| Cash - non-interest-bearing | $139,460 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $3,158,546 | |
| Other | $3,278,057 | |
| Total liabilities | $132,576 | |
| Mortgages and other notes payable | $0 | |
| Other | $132,576 | |
| Total liabilities and net assets/fund balances | $6,443,487 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $6,220 |
| Total credits and payments | $25,751 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $5,751 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $20,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $19,531 |
| Amount to be credited to 2013 estimated tax | $19,531 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | Yes |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $4,484,320 |
| Net value of noncharitable-use assets | $4,417,060 |
| Minimum investment return | $220,853 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Grace Fellowship Ministries Inc in Brooklyn, NY |
Triune Mystical Order Of St Gabriel Sprititual Church Inc in Brooklyn, NY
 |
| Keren Zichron Aryeh Leib, Dba Samchainu in Brooklyn, NY |
|
Catholic Daughters Of The Americas in Brooklyn, NY
|
Families Fathers & Children Inc in Brooklyn, NY
 |
| Daniel Church Of God In Christ Inc in Brooklyn, NY |
| Shannon T Braithwaite in Brooklyn, NY |
| Magen Avrohom Foundation in Brooklyn, NY |
|
Moore 4 You Community Development Corporation in Brooklyn, NY
|
| Matt Talbot Retreat Movement Inc Group 74, Matt Talbot Retreat Movement in Brooklyn, NY |
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Mollie And Jack Epstein Foundation | 106 Stone Oaks Dr, Hartsdale, NY 10530-1147 | NY | 1959-01 | $101 |
| 2 | Mollie Zweig Foundation | PO BOX 5108, East Hampton, NY 11937-6139 | NY | 2000-03 | $404,525 |
| 3 | Molly Lou Foundation | 665 Fifth Ave, New York, NY 10022-5305 | NY | 1999-07 | $501,605 |
| 4 | Mombasha Fire Company Of Monroe N Y | 526 Route 17m, Monroe, NY 10950-3455 | NY | 2003-10 | $254,394 |
| 5 | Momenta Inc | 56 Bogart St, Brooklyn, NY 11206-3817 | NY | 1991-03 | $121,703 |
| 6 | Mommas Inc | 1857 Wantagh Ave, Wantagh, NY 11793-3909 | NY | 1988-04 | $688,762 |
| 7 | Mommies For Miracles Inc | 5 Grey Fox Lane, Fairport, NY 14450 | NY | 2004-03 | $19,387 |
| 8 | Momot Elementary Parent Teacher Organization | 60 Monty Street, Plattsburgh, NY 12901 | NY | 2004-08 | $13,849 |
| 9 | Moms House Inc, Endicott | 770 Harry L Dr, Johnson City, NY 13790-1036 | NY | 1984-12 | $739,669 |
| 10 | Mona Bismarck Charitable Trust Uw | 1133 Avenue Of The Americas Fl 22, New York, NY 10036-6710 | NY | 1985-03 | $27,847 |
| 11 | Mona Bismarck American Center For Art And Culture | 362 Pacific St Ste 2, Brooklyn, NY 11217-2218 | NY | 1981-08 | $6,456,117 |
| 12 | Monday Afternoon Club | 191 Court St, Binghamton, NY 13901-3503 | NY | 1942-11 | $3,333 |
| 13 | Monday Morning Foundation | 35 15 78th St, Jackson Heights, NY 11372-4749 | NY | 2004-02 | $56,362 |
| 14 | Monday Quarterback Club Of Western New York Inc | PO BOX 66, Orchard Park, NY 14127-0066 | NY | 1990-01 | $44,576 |
| 15 | Monderer Foundation Inc | 140 W End Ave Apt 29b, New York, NY 10023-6149 | NY | 2004-12 | $2,355,053 |
| 16 | Monell Engine Company | 89 E Main St, Washingtonvle, NY 10992-1279 | NY | 2001-02 | $93,549 |
| 17 | Monica Bill Barnes & Company | 754 Greenwich Street 3b, New York, NY 10014 | NY | 2007-11 | $514,585 |
| 18 | Monicas Manor Inc | 355 Jackson Ave, Mineola, NY 11501-2355 | NY | 2001-12 | $207,259 |
| 19 | Monique Weil-Caulier Tr | 260 Madison Ave, New York, NY 10016-2401 | NY | 1980-03 | $1,396,620 |
| 20 | Monk Parrots Inc | 5822 Spencer Ave, Bronx, NY 10471-2241 | NY | 2002-09 | $25,668 |
Organization representatives - add corrected or new information about Mona Bismarck American Center For Art And Culture »
Non-representatives - add comments about Mona Bismarck American Center For Art And Culture»