The Apollo Theater Foundation Inc, Jonelle Procope in New York, New York (NY)

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The Apollo Theater Foundation Inc, Jonelle Procope
Employer Identification Number (EIN)133630066
Name of OrganizationThe Apollo Theater Foundation Inc
Secondary NameJonelle Procope
In Care of NameJonelle Procope President Ceo
Address253 W 125th Street 2nd Floor, New York, NY 10027-4408
ActivitiesCultural performances, Described in section 170(b)1)(a)(vi) of the Code, Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization
Ruling Date11/1991
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 Period06/2014
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$62,125,573
Amount of Income$16,991,579
Form 990 Revenue Amount$16,111,325
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Performing Arts Organizations


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Amount of income in 2014: $16,991,579
This organization: 

 $16,991,579
Other organizations performing similar types of work: 

 $143,982

Assets in 2014: $62,125,573
This organization: 

 $62,125,573
Other organizations performing similar types of work: 

 $99,144

Expenses in 2014: $13,730,857
The Apollo Theater Foundation Inc, Jonelle Procope: 

 $13,730,857
Other organizations performing similar types of work: 

 $135,647

Income to expenses ratio in 2014: 1.2
The Apollo Theater Foundation Inc, Jonelle Procope: 

 1.2
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 47.0%
The Apollo Theater Foundation Inc, Jonelle Procope: 

 47.0%
Other organizations performing similar types of work: 

 75.9%

Number of employees in 2014: 298
The Apollo Theater Foundation Inc, Jonelle Procope: 

 298
Other organizations performing similar types of work: 

 5

Employees paid over $100,000 in 2014: 4.0%
This organization: 

 4.0%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 50.1%
The Apollo Theater Foundation Inc, Jonelle Procope: 

 50.1%
Other organizations performing similar types of work: 

 22.2%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?YesYesYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?YesYesYes
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYesYes
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYesYes
Did the organization report an amount for other liabilities?NoNoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNoNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?YesYesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 1096146167245
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return306297298
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYesYes
Did the organization notify the donor of the value of the goods or services provided?YesYesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$1,028,616$1,321,893$1,378,907
Total reportable compensation from related organizations$0$0$0
Total estimated amount of other compensation from the organization and related organizations$31,533$38,256$41,835
Total number of individuals who received more than $100,000 of reportable compensation from the organization799
Total number of independent contractors who received more than $100,000 of compensation from the organization133
Statement of Revenue
201220132014
Total revenue$13,922,206$18,054,185$16,111,325
Contributions, Gifts, Grants and Other Similar Amounts$8,217,560$11,489,913$8,067,499
Program Service Revenue$3,304,145$3,921,031$5,069,755
711300$1,934,118$2,165,199$2,798,290
711300$1,314,527$1,640,632$1,944,041
900099$55,500$115,200$327,424
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,279,621$2,505,833$2,673,648
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$0$0$0
Gross income from fundraising events$611,320$610,799$809,561
Less: direct expenses$611,320$610,799$809,561
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$114,865$123,101$222,579
Gross sales of inventory, less returns and allowances$148,933$175,912$293,272
Less: cost of goods sold$34,068$52,811$70,693
Miscellaneous Revenue$6,015$14,307$77,844
900099$6,015$14,307$77,844
All other revenue$0$0$0
Statement of Functional Expenses
201220132014
Total functional expenses$9,977,827$11,979,838$13,730,857
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$417,399$671,023$669,386
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$1,034,434$1,147,279$1,443,365
Pension plan accruals and contributions$144,622$160,588$219,135
Other employee benefits$152,903$189,053$234,888
Payroll taxes$144,783$151,859$197,215
Fees for services (non-employees)
Management$0$0$0
Legal$18,373$19,307$42,132
Accounting$51,929$36,888$57,789
Lobbying$24,153$24,353$22,100
Professional fundraising services$49,000$0$0
Investment management fees$0$0$0
Other$1,075,454$1,055,456$1,327,304
Advertising and promotion$295,769$567,311$605,363
Office expenses$804,290$989,417$1,204,288
Information technology$0$0$0
Royalties$0$0$0
Occupancy$469,028$469,919$473,296
Travel$197,019$398,996$615,593
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$0$0$0
Interest$112,833$146,259$58,231
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$57,590$124,264$210,411
Insurance$229,213$235,938$238,881
Other expenses$4,254,758$4,672,684$4,884,686
Other expenses$339,696$597,422$882,581
Other expenses$195,343$133,254$125,507
Other expenses$-90,762$102,004$124,184
Other expenses$0$86,564$94,522
Balance Sheet
201220132014
Total assets$55,224,512$59,808,649$62,125,573
Cash - non-interest-bearing$1,010,795$1,869,843$1,080,842
Savings and temporary cash investments$83,502$79,354$80,546
Pledges and grants receivable, net$4,564,855$5,030,747$5,079,370
Accounts receivable, net$150,884$91,698$149,816
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$12,481$20,086$40,594
Prepaid expenses and deferred charges$137,113$192,000$133,044
Land, buildings, and equipment: cost or other basis$262,674$1,052,431$1,388,398
Investments - publicly traded securities$4,013$0$0
Investments - other securities$18,480,813$18,480,813$18,480,813
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$30,517,382$32,991,677$35,692,150
Total liabilities$3,421,689$1,931,479$1,867,935
Accounts payable and accrued expenses$1,100,231$1,030,576$1,136,024
Grants payable$0$0$0
Deferred revenue$237,935$172,352$214,529
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$2,083,523$728,551$517,382
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0$0
Total net assets or fund balances$51,802,823$57,877,170$60,257,638
Unrestricted net assets$49,837,823$56,271,167$57,490,196
Temporarily restricted net assets$1,915,000$1,556,003$2,717,442
Permanently restricted net assets$50,000$50,000$50,000
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$57,331,863
Subtotal$66,063,062
Gifts, grants, contributions, and membership fees received$46,663,761
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$19,399,301
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$8,731,199
Amounts received from disqualified persons$7,021,030
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$1,710,169
Total support$76,853,952
Public support$66,063,062
Subtotal$10,656,331
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$10,656,331
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$134,559
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$2,950,774$9,286,530$14,676,898$14,781,107$11,701,916$22,420,433$13,446,571$14,592,631
Contributions, gifts, grants, and similar amounts received$49,540$5,710,454$7,185,158$8,814,575$5,174,508$15,817,632$7,476,156$7,716,344
Contributions to donor advised funds$0$0
Direct public support$12,040$1,988,563$3,629,158$5,979,044$3,915,958$5,403,986$4,260,187$5,973,519
Indirect public support$0$0$0$8,531$0$0$0$0
Government contributions (grants)$37,500$3,721,891$3,556,000$2,827,000$1,258,550$10,413,646$3,215,969$1,742,825
Program service revenue including government fees and contracts$2,752,844$3,399,898$7,263,098$5,758,937$5,869,889$6,285,500$4,495,949$5,210,010
Membership dues and assessments$0$0$0$0$35,000$55,500$63,675$57,682
Interest on savings and temporary cash investments$38,559$11,877$4,346$4,318$14,669$45,449$1,082,015$28,939
Dividends and interest from securities$0$0$0$0$0$0$0$1,259,465
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$33,297$105,285$541,494$599,327$582,343
Less: direct expenses other than fundraising expenses$0$0$0$33,297$105,285$541,494$599,327$582,343
Gross profit or (loss) from sales of inventory$102,662$130,198$176,330$190,062$175,173$160,354$140,724$312,084
Gross sales of inventory, less returns and allowances$155,440$199,126$316,383$279,273$303,457$254,207$221,522$477,152
Less: cost of goods sold$52,778$68,928$140,053$89,211$128,284$93,853$80,798$165,068
Other revenue$7,169$34,103$47,966$13,215$432,677$55,998$188,052$8,107
Total expenses$3,399,019$7,258,321$10,057,906$9,141,513$10,557,247$9,985,105$9,141,616$10,167,702
Program services$2,091,542$3,652,066$7,529,013$7,249,395$8,065,489$7,965,425$7,150,348$4,782,534
Management and general$1,229,637$3,195,468$2,094,728$967,381$1,298,883$919,463$1,015,522$1,080,093
Fundraising$77,840$410,787$434,165$924,737$1,192,875$1,100,217$975,746$837,764
Payments to affiliates$0$0$0$0$0$0$0$3,467,311
Net assets or fund balances at end of year$2,361,352$4,389,561$9,008,553$14,648,147$15,792,816$28,228,144$32,533,099$36,955,386
Excess or (deficit) for the year$-448,245$2,028,209$4,618,992$5,639,594$1,144,669$12,435,328$4,304,955$4,424,929
Net assets or fund balances at beginning of year$2,809,597$2,361,352$4,389,561$9,008,553$14,648,147$15,792,816$28,228,144$32,533,099
Other changes in net assets or fund balances$0$0$0$0$0$0$0$-2,642
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,700,391$4,782,534$1,080,093$837,764
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$824,892$190,847$366,475$267,570
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$1,095,867$771,039$195,577$129,251
Pension plan contributions not included above$98,136$98,136$0$0
Employee benefits not included above$202,769$129,893$35,938$36,938
Payroll taxes$135,273$95,176$24,142$15,955
Professional fundraising fees$0$0$0$0
Accounting fees$65,073$49,456$9,110$6,507
Legal fees$25,766$19,582$3,607$2,577
Supplies$109,652$84,734$9,905$15,013
Telephone$87,087$47,981$13,153$25,953
Postage and shipping$36,025$5,520$16,406$14,099
Occupancy$431,487$335,848$63,648$31,991
Equipment rental and maintenance$501,089$368,653$53,137$79,299
Printing and publications$213,259$156,164$25,043$32,052
Travel$260,880$161,236$45,790$53,854
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$73,948$73,948$0$0
Other expenses not covered above$2,539,188$2,194,321$218,162$126,705
Balance Sheets
20002001200220032004200520062007
Total assets$2,781,448$13,274,682$13,640,378$18,562,048$21,539,402$33,035,250$34,586,913$38,978,042
Cash - non-interest-bearing$110,757$1,020,288$1,404,520$1,497,768$2,186,267$722,865$151,980$591,181
Savings and temporary cash investments$849,512$331,967$873,456$52,860$50,991$1,240,556$544,621$2,343,923
Accounts receivable less allowance for doubtful accounts$170,981$845,988$281,863$438,459$682,572$285,869$80,961$115,061
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$11,500$2,834,406$1,801,205$4,576,762$4,250,138$7,066,504$4,268,930$4,956,134
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$18,242$14,731$14,910$18,990$9,720$15,090$17,763$23,113
Prepaid expenses and deferred charges$26,211$35,311$46,374$26,520$293,158$128,292$34,999$41,075
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0$6,276
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$572,100$572,100$0$1,212,179$0$22,703,562$18,480,813$18,480,813
Land, buildings, and equipment less accumulated depreciation$1,005,890$7,553,927$8,610,700$10,131,160$13,459,206$255,012$201,747$149,567
Other assets, including program-related investments$16,255$65,964$607,350$607,350$607,350$617,500$10,805,099$12,270,899
Total liabilities$420,096$8,885,121$4,631,825$3,913,901$5,746,586$4,807,106$2,053,814$2,022,656
Accounts payable and accrued expenses$391,849$4,573,897$1,623,425$1,634,841$2,091,323$822,365$634,405$786,234
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$28,247$2,811,224$2,508,400$2,279,060$1,986,939$1,684,741$1,419,409$1,236,422
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$1,500,000$500,000$0$1,668,324$2,300,000$0$0
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$2,781,448$13,274,682$13,640,378$18,562,048$21,539,402$33,035,250$34,586,913$38,978,042
Total net assets or fund balances$2,361,352$4,389,561$9,008,553$14,648,147$15,792,816$28,228,144$32,533,099$36,955,386
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$2,950,774$9,286,530$14,676,898$14,781,107$11,701,916$22,420,433$13,446,571$14,592,631
Total revenue, gains, and other support per audited financial statements$3,003,552$9,355,458$14,676,898$14,781,107$11,701,619$22,420,433$13,584,024$14,651,688
Other expenses$52,778$68,928$0$0$-297$0$137,453$59,057
Net unrealized gains on investments$0$0$0$0$0$0$0$-2,642
Donated services and use of facilities$0$0$0$0$0$0$137,453$61,699
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$52,778$68,928$0$0$-297$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$3,399,019$7,258,321$10,057,906$9,141,513$10,557,247$9,985,105$9,141,616$10,167,702
Total expenses and losses per audited financial statements$3,451,797$4,977,014$10,057,906$9,141,513$10,557,247$9,988,215$9,279,069$10,229,401
Other revenue$52,778$68,928$0$0$0$3,110$137,453$61,699
Donated services and use of facilities$0$0$0$0$0$0$137,453$61,699
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$52,778$68,928$0$0$0$3,110$0$0
Other expenses$0$2,350,235$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$2,350,235$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$200,000$4,667$0
40$178,500$4,667$0
40$155,220$4,667$0
40$160,000$4,667$0
40$107,837$4,667$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings22
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006148
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,600,488$5,275,799
Program service revenue
Program service revenue 1000000$000$0$2,458,233
Program service revenue 2000000$000$0$1,617,000
Program service revenue 3000000$000$0$1,134,777
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$57,682
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$28,939$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,259,465$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$312,084$0
Other revenue000000$000$0$8,107
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
20108360890%$70,000$29,715,598
201105633100%$0$18,480,813
731717091100%$0$0
020705897100%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$124,372$4,667$0
$109,615$4,667$0
$108,195$4,667$0
$86,995$4,667$0
$79,661$4,667$0
Total number of other employees paid over $50,00010
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000200120022003200420052006
Total$4,155,712$2,950,774$8,571,594$15,971,400$11,619,614$11,492,308$19,698,572$16,176,721
Gifts, grants, and contributions received$1,058,777$49,540$5,637,548$7,940,581$5,761,240$5,217,494$12,729,348$10,021,205
Membership fees received$0$0$0$0$0$0$0$48,675
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$3,038,481$2,855,506$2,888,066$7,978,507$5,840,841$6,189,707$6,440,883$4,833,453
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$42,410$38,559$11,877$4,346$4,318$14,669$43,406$1,084,058
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$32,000
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$16,044$7,169$34,103$47,966$13,215$70,438$484,935$157,330
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$0$0$0
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$0$0$0
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$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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1Grassroots Music Roadshow IncPittsboro, NC 27312NC$425,907
2Roulette Intermedium Inc30 3rd Avenue, Brooklyn, NY 11217-2129NY1981-05$1,568,489
3Seaside Summer Concert Series Inc32 Court Street Suite 807, Brooklyn, NY 11201-4421NY1981-04$1,511,048
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5Students For A Free Tibet Inc602 East 14th Street, New York, NY 10009-3399NY1998-11$653,644
6The Springville Center For The Arts IncPO BOX 62, Springville, NY 14141-0062NY1998-12$548,983
7Unique Project Inc75 Broad Street, New York, NY 10004-2415NY1982-06$443,351
8Unison Learning Center Inc68 Mountain Rest Rd, New Paltz, NY 12561-2917NY1977-01$203,241
9Schuyler Hill Performing Arts & Cultural Center1524 Hollywood Ave, Bronx, NY 10461-6062NY1995-06$129,488
10Ward-Nasse Gallery Inc178 Prince St, Newyork, NY 10012-2974NY1978-10$121,175
11Williamsburg Art And Historical Center Inc135 Broadway, Brooklyn, NY 11211-6129NY1996-11$48,134
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13Showstopper Productions Inc821 Herkimer Rd, Utica, NY 13502-2614NY1997-03$225
14Collective Of Cultural Integration Inc31 Nagle Ave Apt 4h, New York, NY 10040-1427NY1990-09$0
15Conway & Pratt Projects Inc137 W 19th Street, New York, NY 10011NY1997-02$0
16Cranston & Spade Theater Company Inc8 Dorset Lane, S Farmingdale, NY 11735-6113NY2001-06$0
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18Otrabanda Company345 E 5th St Apt 1, New York, NY 10003-8874NY1974-03$0
19Rabota Inc43 W 13th St, New York, NY 10011-7957NY1993-03$0
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Number of organizations performing similar types of work
Alaska1
Alabama6
Arkansas2
Arizona1
California42
Colorado12
Connecticut4
District of Columbia5
Delaware1
Florida18
Georgia9
Hawaii1
Iowa4
Idaho7
Illinois15
Indiana4
Kansas6
Kentucky5
Louisiana5
Massachusetts17
Maryland11
Maine6
Michigan8
Minnesota11
Missouri7
Mississippi1
Montana1
North Carolina4
North Dakota3
Nebraska2
New Hampshire5
New Jersey9
New Mexico3
Nevada2
New York58
Ohio15
Oklahoma2
Oregon8
Pennsylvania20
Rhode Island8
South Carolina4
Tennessee1
Texas19
Utah4
Virginia15
Vermont8
Washington16
Wisconsin8
Wyoming2
Total426

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