Politics & Society Inc in Madison, Wisconsin (WI)

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Politics & Society Inc
Employer Identification Number (EIN)464631050
Name of OrganizationPolitics & Society Inc
In Care of NameMary-Ann Twist
Address123 Van Deusen St, Madison, WI 53715-2076
SubsectionCivic League
Ruling Date08/2014
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
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$375,510
Amount of Income$61,182
Form 990 Revenue Amount$61,182
National Taxonomy of Exempt Entities (NTEE)Unknown: Unknown


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Financial snapshot for 2014 ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2014
Total revenue$61,182
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$59,826
Membership dues and assessments$0
Investment income$1,356
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$41,842
Total net assets$370,930
Excess/Deficit for the year$19,340
Net assets or fund balances at beginning of year$351,590
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$370,930
Balance Sheets
2014
Total assets$375,510
Total liabilities$4,580
Net assets or fund balances$370,930
Other Information
2014
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
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?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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