Nathaniel Saltonstall Arts Fund in New York, 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in New York
| Nathaniel Saltonstall Arts Fund | |
| Employer Identification Number (EIN) | 046124122 |
| Name of Organization | Nathaniel Saltonstall Arts Fund |
| In Care of Name | Behan Ling & Ruta Cpas Pc |
| Address | 475 Park Ave S 31st F, New York, NY 10016 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 01/1961 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $579,965 |
| Amount of Income | $364,162 |
| Form 990 Revenue Amount | $33,126 |
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 | $33,126 | $25,560 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $11,715 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $7,567 | |||
| Other | $13,844 | |||
| Total expenses and disbursements | $40,208 | $6,991 | $0 | $31,552 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $8,656 | $6,991 | $0 | |
| Contributions, gifts, grants paid | $31,552 | |||
| Excess of revenue over expenses and disbursements | $-7,082 | |||
| Net investment income | $18,569 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $519,470 | $737,022 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $412,832 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $3,921 | |
| Other | $102,717 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $519,470 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $13,844 |
| 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 | $371 |
| Total credits and payments | $900 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $900 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $529 |
| Amount to be credited to 2013 estimated tax | $529 |
| 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? | No |
| 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 | $730,176 |
| Net value of noncharitable-use assets | $719,220 |
| Minimum investment return | $35,961 |
| Distributable Amount (for 2012) | |
| Distributable amount | $34,160 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $34,160 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $2,607 | $0 | $2,607 |
| 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 | $2,607 | $11 | $2,607 |
| Rent income | $0 | $0 | $0 |
| 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 2008) | |
| 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 | $1,607 |
| Unrelated business taxable income before net operating loss deduction | $2,607 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $2,607 |
| Specific deduction | $1,000 |
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Mulago Foundation | 15 Maiden Lane, New York, NY 10038-4003 | NY | 1968-07 | $30,453,323 |
| 2 | Museum Computer Network Inc | 228 Park Ave S 32991, New York, NY 10003-1502 | NY | 1973-08 | $332,804 |
| 3 | Muzio Family Foundation | 77 Water St Fl 9, New York, NY 10005-4414 | NY | 1992-10 | $110,339 |
| 4 | Nantucket Film Foundation Incorporation | 228 Park Ave S 83799, New York, NY 10003-1502 | NY | 1996-08 | $921,718 |
| 5 | Napt Foundation Inc | 1840 Western Ave, Albany, NY 12203-4624 | NY | 2000-12 | $17,314 |
| 6 | Nash Family Foundation Inc | 1 Rockefeller Plz Fl 20, New York, NY 10020-2017 | NY | 1965-02 | $17,921,846 |
| 7 | Nassau County Museum Of Art | 1 Museum Dr, Roslyn Harbor, NY 11576-1138 | NY | 1994-03 | $4,269,633 |
| 8 | Nassau Health Care Foundation Inc | 2201 Hempstead Turnpike Box 45, East Meadow, NY 11554-1859 | NY | 1965-03 | $5,918,700 |
| 9 | Nathan & Helen Kohler Foundation | 445 Broadhollow Rd Ste 319, Melville, NY 11747-3601 | NY | 1964-10 | $67,719 |
| 10 | The Nathan Cummings Foundation Inc | 475 10th Ave Fl 14, New York, NY 10018-9715 | NY | 2013-09 | $72,526,799 |
| 11 | Nathaniel Saltonstall Arts Fund | 475 Park Ave S 31st F, New York, NY 10016 | NY | 1961-01 | $364,162 |
| 12 | National Alliance For Research On Schizophrenia And Depression Inc, Brain & Behavior Research Foundatio | 90 Park Ave Fl 16, New York, NY 10016-1301 | NY | 1981-12 | $12,995,558 |
| 13 | National Arts Club | 15 Gramercy Park S, New York, NY 10003-1705 | NY | 1939-08 | $6,775,031 |
| 14 | National Association Of College And University Residence Halls, Inc | 726 Broadway, New York, NY 10003-9502 | NY | 1996-12 | $418,936 |
| 15 | National Council For Geocosmic Research Inc | 48 Elm Street, Saugerties, NY 12477 | NY | 2009-04 | $87,690 |
| 16 | National Executive Service Corps | 55 West 39th Street 12th Fl, New York, NY 10018-3803 | NY | 1977-11 | $653,457 |
| 17 | National Kidney Foundation Inc | 30 East 33rd Street, New York, NY 10016-5337 | NY | 1969-09 | $48,498,942 |
| 18 | National Miniature Donkey Association Inc | 6450 Dewey Rd, Rome, NY 13440-8006 | NY | 1996-01 | $62,483 |
| 19 | National Police Accountability Project Inc | 499 7th Avenue 12 N, New York, NY 10018-7058 | NY | 1999-10 | $149,436 |
| 20 | Navajo Indian Scholarship Fund | 30 Jericho Executive Plz Ste 200w, Jericho, NY 11753-1028 | NY | 1984-03 | $524,851 |
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