Academy Of The Arts in Golden, Colorado (CO)

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Academy Of The Arts
Employer Identification Number (EIN)742343335
Name of OrganizationAcademy Of The Arts
Address1207 8th St, Golden, CO 80401-1089
ActivitiesSchool, college, trade school, etc., Cultural performances, Other school related activities
SubsectionEducational Organization
Ruling Date05/1985
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$786
Amount of Income$35,990
Form 990 Revenue Amount$35,990


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$39,150$35,730$35,990
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$39,150$35,730$35,990
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$53,085$33,597$37,893
Total net assets$-105,383$-103,250$-105,153
Excess/Deficit for the year$-13,935$2,133$-1,903
Net assets or fund balances at beginning of year$-91,448$-105,383$-103,250
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$-103,250$-105,153
Balance Sheets
201120122013
Total assets$556$2,689$786
Total liabilities$105,939$105,939$105,939
Net assets or fund balances$-105,383$-103,250$-105,153
Other Information
201120122013
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 activitiesNoNoNo
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?YesYes
Total amount involved$0$105,939
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$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:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
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