Queen Sofia Spanish Institute Inc in New York, New York (NY)
Table of contents:
| Queen Sofia Spanish Institute Inc | |
| Employer Identification Number (EIN) | 132548780 |
| Name of Organization | Queen Sofia Spanish Institute Inc |
| Address | 684 Park Ave, New York, NY 10065-5043 |
| Activities | Other cultural or historical activities, Scholarships (other), Other services or benefits to members or employees |
| Subsection | Charitable Organization |
| Ruling Date | 08/1955 |
| 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 | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $2,461,203 |
| Amount of Income | $4,388,933 |
| Form 990 Revenue Amount | $1,720,774 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Cultural, Ethnic Awareness |
Non-representatives - add comments:
Amount of income in 2013: $4,388,933 (it was $3,933,220 in 2012)
| Queen Sofia Spanish Institute Inc: | $4,388,933 |
| Other organizations performing similar types of work: | $120,360 |
Assets in 2013: $2,461,203 (it was $3,158,365 in 2012)
| Queen Sofia Spanish Institute Inc: | $2,461,203 |
| Other organizations performing similar types of work: | $169,282 |
Expenses in 2012: $2,722,924
| This organization: | $2,722,924 |
| Other organizations performing similar types of work: | $104,111 |
Income to expenses ratio in 2012: 1.6
| Queen Sofia Spanish Institute Inc: | 1.6 |
| Other organizations performing similar types of work: | 1.1 |
Number of employees in 2012: 63
| This organization: | 63 |
| Other organizations performing similar types of work: | 1 |
Employees paid over $100,000 in 2012: 3.2%
| Queen Sofia Spanish Institute Inc: | 3.2% |
| Other organizations performing similar types of work: | 0.0% |
Grants share in income in 2012: 51.2%
| This organization: | 51.2% |
| Other organizations performing similar types of work: | 0.0% |
Revenue for 2012
Functional expenses for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $1,842,183 |
| Contributions, Gifts, Grants and Other Similar Amounts | $943,945 |
| Program Service Revenue | $577,678 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $109,634 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $59,704 |
| Gross rents (Real / Personal) | $59,704 / $0 |
| Less: rental expenses (Real / Personal) | $0 / $0 |
| Rental income or (loss) (Real / Personal) | $59,704 / $0 |
| Net gain from sales of assets other than inventory | $126,908 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $2,061,666 / $0 |
| Less: cost or other basis and sales expenses (Securities / Other) | $1,934,758 / $0 |
| Gain or (loss) (Securities / Other) | $126,908 / $0 |
| Net loss from fundraising events | $-24,604 |
| Gross income from fundraising events | $119,770 |
| Less: direct expenses | $144,374 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $41,859 |
| Gross sales of inventory, less returns and allowances | $53,764 |
| Less: cost of goods sold | $11,905 |
| Miscellaneous Revenue | $7,059 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $2,722,924 |
| Compensation of current officers, directors, trustees, and key employees | $247,999 |
| Other salaries and wages | $701,237 |
| Payroll taxes | $66,778 |
| Professional fundraising services | $36,949 |
| Other | $1,669,961 |
| Balance Sheet (for 2012) | |
| Total assets | $3,158,365 |
| Total liabilities | $168,618 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $168,618 |
| Total net assets or fund balances | $2,989,747 |
| Retained earnings, endowment, accumulated income, or other funds | $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 | $5,939,049 |
| Gifts, grants, contributions, and membership fees received | $5,098,980 |
| 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 | $840,069 |
| Gross receipts from related activities, etc. | $3,433,790 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Workmens Circle Arbeter Ring Incorporated | 247 W 37th St Frnt 5, New York, NY 10018-5129 | NY | 1965-06 | $54,135,638 |
| 2 | Russian American Foundation Inc | 70 West 36th Street, New York, NY 10018-8007 | NY | 1997-06 | $3,187,340 |
| 3 | Tibet House Inc | 22 West 15th St, New York, NY 10011-6842 | NY | 1988-03 | $2,741,346 |
| 4 | Swiss Institute | 18 Wooster St, New York, NY 10013-2227 | NY | 1989-03 | $1,566,078 |
| 5 | West Indian American Day Carnival Assn | PO BOX 130192, Brooklyn, NY 11213-0192 | NY | 1972-11 | $911,575 |
| 6 | St Patricks Day Parade Inc | PO BOX 295, Bronx, NY 10470-0271 | NY | 2001-11 | $739,668 |
| 7 | Tara Circle Inc | 1097 N Broadway, Yonkers, NY 10701-1110 | NY | 1995-08 | $473,441 |
| 8 | Welsh North American Association Inc | PO BOX 1054, Trumansburg, NY 14886-1054 | NY | 1961-05 | $377,091 |
| 9 | Visual Arts Research & Resource Ctr Relating To The Caribbean Inc | 103 E 125th St Rm 602, New York, NY 10035-1636 | NY | 1982-09 | $308,328 |
| 10 | Transart And Cultural Services Inc | PO BOX 148, West Park, NY 12493 | NY | 1989-03 | $283,721 |
| 11 | Schenectady Pipe Band Ltd | PO BOX 2135, Scotia, NY 12302-0135 | NY | 1979-09 | $244,180 |
| 12 | Young Indian Culture Group Inc, Indian Academy | 999 Herricks Rd Ste 110, New Hyde Park, NY 11040-1353 | NY | 1995-11 | $222,197 |
| 13 | Second Century Fund Of The Workmens Circle Incorporated | 247 W 37th St Frnt 5, New York, NY 10018-5129 | NY | 1996-12 | $139,105 |
| 14 | The Armenian Center Inc | PO BOX 4042, New York, NY 10163-4042 | NY | 1986-05 | $117,647 |
| 15 | The National Association For Korean Schools North East Chapter | 39 W 32nd St Rm 1600b, New York, NY 10001-3839 | NY | 1993-08 | $77,905 |
| 16 | Sachiyo Ito And Company Inc | 405 W 23rd St Apt 4g, New York, NY 10011-1400 | NY | 1981-04 | $53,689 |
| 17 | Schuyler County Italian American Festival Inc | 324 Summit Ave, Watkins Glen, NY 14891-1043 | NY | 1995-04 | $52,415 |
| 18 | The Rajkumari Cultural Center Inc | 8384 116th St Apt 2k, Richmond Hill, NY 11418-3442 | NY | 2001-08 | $50,177 |
| 19 | Russian-American Cultural Center | 520 East 76 Street, New York, NY 10021-3161 | NY | 1999-02 | $49,319 |
| 20 | Tri-City India Association Inc | P O Box 12094, Albany, NY 12212 | NY | 1976-04 | $47,573 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,085 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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