Museum Of Work And Culture Preservation Foundation in Woonsocket, Rhode Island (RI)

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Museum Of Work And Culture Preservation Foundation
Employer Identification Number (EIN)510651337
Name of OrganizationMuseum Of Work And Culture Preservation Foundation
Address42 S Main St, Woonsocket, RI 02895-4274
SubsectionCharitable Organization, Educational Organization
Ruling Date10/2008
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$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$325,278
Amount of Income$72,885
Form 990 Revenue Amount$29,630
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Museum, Museum Activities


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Amount of income in 2014: $72,885 (it was $49,932 in 2013)
This organization: 

 $72,885
Other organizations performing similar types of work: 

 $69,335

Assets in 2014: $325,278 (it was $304,271 in 2013)
Museum Of Work And Culture Preservation Foundation: 

 $325,278
Other organizations performing similar types of work: 

 $145,105

Expenses in 2013: $14,177
This organization: 

 $14,177
Other organizations performing similar types of work: 

 $47,186

Income to expenses ratio in 2013: 5.1
Museum Of Work And Culture Preservation Foundation: 

 5.1
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 88.2%
Museum Of Work And Culture Preservation Foundation: 

 88.2%
Other organizations performing similar types of work: 

 26.3%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$10,356$49,932
Contributions, gifts, grants, and similar amounts received$8,070$44,058
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$850
Investment income$3,856$4,020
Gain/Loss from sale of assets other than inventory$-1,570$1,004
Gross amount from sale of assets other than inventory$21,969$26,320
Less: cost or other basis and sales expenses$23,539$25,316
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$6,062$14,177
Total net assets$268,516$304,271
Excess/Deficit for the year$4,294$35,755
Net assets or fund balances at beginning of year$264,222$268,516
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$268,516$304,271
Balance Sheets
20122013
Total assets$268,516$304,271
Total liabilities$0$0
Net assets or fund balances$268,516$304,271
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
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)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$79,172
Subtotal Support$79,172
Gifts, grants, contributions, and membership fees received$79,172
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$93,255
Public Support$79,172
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$14,083
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$5,300
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Trust For African Rock Arts77 W Wacker Dr, Chicago, IL 60601-1604IL2001-09$595,502
2Oakland Museum Of California1000 Oak Street, Oakland, CA 94607CA2012-02$16,648,339
3Liberty Aviation Museum Inc3515 E State Rd, Port Clinton, OH 43452-2618OH2011-01$16,356,534
4Warren R Austin And Heath Austin Val Verde FoundationPO BOX 1443, Sn Luis Obisp, CA 93406-1443CA1994-07$15,508,913
5Fagen Fighters Wwii MuseumPO BOX 159, Granite Falls, MN 56241-0159MN2013-01$9,626,694
6Science Museum Of Virginia Foundation IncorporatedPO BOX 11624, Richmond, VA 23230-0024VA1972-08$7,812,975
7Maine Mineral & Gem MuseumPO BOX 500, Bethel, ME 04217-0500ME2014-03$6,848,062
8Museum Of Mathematics134 W 26th St Rm 4s, New York, NY 10001-6960NY2010-02$6,777,821
9American Craftsman Museum Inc4190 Corporate Ct, Palm Harbor, FL 34683-1419FL2014-01$6,230,245
10Tomaquag Indian Memorial Museum The390 A Smmmit Rd, Exeter, RI 02822RI1978-06$120,411
11Museum Of Work And Culture Preservation Foundation42 S Main St, Woonsocket, RI 02895-4274RI2008-10$72,885
12Rhode Island Aviation Hall Of Fame IncC/O Frank Lennon Po Box 28581, Providence, RI 02908RI2010-07$54,736
13Lebanese Hertitage Foundation Of Rhode IslandPO BOX 19724, Johnston, RI 02919-0724RI2002-09$31,395
14Beechwood Foundation Inc50 Dudley Avenue, Newport, RI 02840RI2003-01$0
15India Museum And Heritage Society58 Tell Street Apt 1f, Providence, RI 02909RI2001-02$0
16Newport Jazz Festival Museum18 Dennison St, Newport, RI 02840-3440RI2001-06$0
17Pronyne Motorsports8 Cleveland St, Pawtucket, RI 02860RI2014-04$0
18Rhode Island Museum Of Science And Art60 Charlotte Ave, Saunderstown, RI 02874RI2010-02$0
19Rhode Island Music Hall Of Fame175 Main Street, Pawtucket, RI 02860RI2013-03$0
20Windsor Locks Athletic Hall Of Fame Inc1 Gull Terrace, Westerly, RI 02891RI2015-04$0
Number of organizations performing similar types of work
Alaska12
Alabama38
Arkansas28
Arizona44
California277
Colorado64
Connecticut37
District of Columbia17
Delaware10
Florida130
Georgia75
Hawaii20
Iowa54
Idaho20
Illinois84
Indiana71
Kansas48
Kentucky37
Louisiana50
Massachusetts67
Maryland54
Maine40
Michigan76
Minnesota41
Missouri63
Mississippi32
Montana17
North Carolina76
North Dakota13
Nebraska23
New Hampshire16
New Jersey58
New Mexico29
Nevada23
New York175
Ohio107
Oklahoma56
Oregon52
Pennsylvania99
Rhode Island11
South Carolina41
South Dakota13
Tennessee42
Texas216
Utah27
Virginia68
Vermont10
Washington71
Wisconsin65
West Virginia24
Wyoming15
International8
Total2,844

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