Arts & Business Council Of Rhode Island Inc in Pawtucket, Rhode Island (RI)

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Arts & Business Council Of Rhode Island Inc
Employer Identification Number (EIN)050566776
Name of OrganizationArts & Business Council Of Rhode Island Inc
In Care of NameGlad Works Inc
Address545 Pawtucket Ave Ste C208, Pawtucket, RI 02860-6046
SubsectionEducational Organization
Ruling Date10/2003
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Tax Period09/2011
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$24,668
Amount of Income$168,584
Form 990 Revenue Amount$168,584
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts Council/Agency


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Amount of income in 2011: $168,584 (it was $398,614 in 2010)
This organization: 

 $168,584
Other organizations performing similar types of work: 

 $76,375

Assets in 2011: $24,668 (it was $49,803 in 2010)
Arts & Business Council Of Rhode Island Inc: 

 $24,668
Other organizations performing similar types of work: 

 $32,362

Expenses in 2011: $181,184
Arts & Business Council Of Rhode Island Inc: 

 $181,184
Other organizations performing similar types of work: 

 $58,801

Income to expenses ratio in 2011: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 8.6%
Arts & Business Council Of Rhode Island Inc: 

 8.6%
Other organizations performing similar types of work: 

 43.1%

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$168,584
Contributions, gifts, grants, and similar amounts received$14,500
Program service revenue including government fees and contracts$146,202
Membership dues and assessments$7,380
Investment income$6
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$496
Total expenses$181,184
Total net assets$-82,681
Deficit for the year$-12,600
Net assets or fund balances at beginning of year$-70,081
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$24,668
Total liabilities$107,349
Net assets or fund balances$-82,681
Other Information (for 2011)
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 2011)
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
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Regional Arts & Culture Council411 Nw Park Ave Ste 101, Portland, OR 97209-3356OR1996-04$7,116,529
2Dance Service New York City Inc, Dancenyc218 E 18th Street No 4th Fl, New York, NY 10003NY2013-05$1,546,354
3Spaceworks Nyc Inc540 President Street, Brooklyn, NY 11215-1493NY2014-02$714,119
4Northern Lightsmn Inc2751 Hennepin Ave S Suite 231, Minneapolis, MN 55408-1002MN2009-09$678,226
5H G Fairfield Arts Center For The Environment Inc31 Sodom Rd, Brewster, NY 10509-4405NY2011-05$550,024
6Northwest Minnesota Arts Council115 South Main, Warren, MN 56762MN2009-07$459,403
7Pathways Projects Institutes Limited2 North Lasalle, Chicago, IL 60602-3702IL2013-05$458,957
8Steelville Arts Council402 West Main Street, Steelville, MO 65565MO2011-03$418,988
9Litquake Foundation57 Post St Ste 604, San Francisco, CA 94104-5023CA2010-06$412,357
10Vox Populi Inc319 N 11th St Fl 3, Philadelphia, PA 19107-1300PA2006-12$356,606
11Young Audiences Of Northern California465 California St Ste 433, San Francisco, CA 94104-1842CA2004-11$329,882
12Transylvania Community Arts CouncilPO BOX 1229, Brevard, NC 28712-1229NC1982-11$302,239
13American Society For The Royal Academy Of Music Inc478 Central Park W, New York, NY 10025-3356NY2015-01$277,234
14Northwest Art Alliance7777 62nd Ave Ne Ste 103, Seattle, WA 98115-8161WA2011-05$259,615
15Tooele City Arts Council90 N Main St, Tooele, UT 84074-2139UT2007-09$226,365
16Starkville Area Arts Council Inc101 S Lafayette St Ste 18, Starkville, MS 39759-2914MS1997-11$216,837
17Union For Contemporary Art Inc2417 Burdette St, Omaha, NE 68111-3814NE2012-07$197,028
18Downtown San Diego Partnership Foundation401 B Street Suite 100, San Diego, CA 92101CA2002-02$176,721
19Arts & Business Council Of Rhode Island Inc545 Pawtucket Ave Ste C208, Pawtucket, RI 02860-6046RI2003-10$168,584
20Art Connection In Rhode Island197 Elmgrove, Providence, RI 02906RI2014-07$0
Number of organizations performing similar types of work
Alaska6
Alabama8
Arkansas6
Arizona6
California62
Colorado15
Connecticut4
District of Columbia2
Delaware2
Florida26
Georgia20
Hawaii1
Iowa9
Idaho6
Illinois22
Indiana10
Kansas6
Kentucky15
Louisiana9
Massachusetts10
Maryland15
Maine4
Michigan27
Minnesota17
Missouri20
Mississippi5
Montana4
North Carolina11
North Dakota2
Nebraska4
New Hampshire2
New Jersey11
New Mexico4
Nevada5
New York32
Ohio21
Oklahoma6
Oregon6
Pennsylvania14
Rhode Island2
South Carolina8
South Dakota2
Tennessee19
Texas36
Utah15
Virginia9
Vermont4
Washington17
Wisconsin13
West Virginia6
Wyoming3
International1
Total590

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