Entertainment Industry Incubator Inc in Miami Beach, Florida (FL)

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Entertainment Industry Incubator Inc
Employer Identification Number (EIN)650855632
Name of OrganizationEntertainment Industry Incubator Inc
In Care of NameSusan Schein
Address800 West Ave Apt 345, Miami Beach, FL 33139-5530
SubsectionCharitable Organization, Educational Organization
Ruling Date03/1999
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 Period12/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$9,579
Amount of Income$60,460
Form 990 Revenue Amount$60,460
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2013: $60,460 (it was $101,177 in 2012)
Entertainment Industry Incubator Inc: 

 $60,460
Other organizations performing similar types of work: 

 $127,010

Assets in 2013: $9,579 (it was $0 in 2012)
This organization: 

 $9,579
Other organizations performing similar types of work: 

 $83,317

Expenses in 2013: $49,971
This organization: 

 $49,971
Other organizations performing similar types of work: 

 $154,560

Income to expenses ratio in 2013: 1.2
Entertainment Industry Incubator Inc: 

 1.2
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 99.2%
This organization: 

 99.2%
Other organizations performing similar types of work: 

 40.6%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$59,930$101,177$60,460
Contributions, gifts, grants, and similar amounts received$59,500$101,050$60,000
Program service revenue including government fees and contracts$430$127$0
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$460
Total expenses$50,943$101,975$49,971
Total net assets$-39,433$-40,231$-29,742
Excess/Deficit for the year$8,987$-798$10,489
Net assets or fund balances at beginning of year$-48,420$-39,433$-40,231
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$-40,231$-29,742
Balance Sheets
201120122013
Total assets$169$0$9,579
Total liabilities$39,602$40,231$39,321
Net assets or fund balances$-39,433$-40,231$-29,742
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$39,821$39,321
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: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$275,787
Subtotal Support$275,787
Gifts, grants, contributions, and membership fees received$275,787
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$275,787
Public Support$275,787
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
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.$4,427
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Florida Business Development Corporation6801 Lake Worth Rd Ste 209, Greenacres, FL 33467-2966FL1992-04$8,340,637
2Beaver Street Enterprise Center Inc1131 N Laura St, Jacksonville, FL 32206-4911FL2002-03$1,197,548
3Ctc Tampa Bay Inc7887 Bryan Dairy Rd Ste 220, Largo, FL 33777-1443FL2004-01$1,109,899
4Tampa Bay Wave Inc2915 W Aquila St, Tampa, FL 33629FL2012-03$625,181
5Business Loan Fund Of The Palm Beaches Inc2200 N Florida Mango Rd Ste 401, West Palm Bch, FL 33409-6449FL1997-03$606,732
6Haitian Organization Of Women Inc Michelene Ducena1005 North Krome Ave, Homestead, FL 33030-4462FL1996-01$408,343
7Adventist Health Policy Association Inc900 Hope Way, Altamonte Spg, FL 32714-1502FL2012-03$80,000
8Semoran Business Partnership Inc727 S Semoran Blvd, Orlando, FL 32807-3121FL2012-03$60,492
9National Association Of Women Business Owners Southwest Florida740 17th St Sw, Naples, FL 34117FL2012-05$13,185
10Support & Entrepreneurial Center Inc, Entrepreneurial Center7334 Nw 5th St, Plantation, FL 33317-1605FL2009-04$5,657
11Westech740 Wesley Ave, Tarpon Spgs, FL 34689-6710FL2002-11$1,414
12All Neighborhoods Development Inc12024 Hudson Ridge Drive 103, Port Richey, FL 34668-1986FL1999-06$0
13Ancient City Enterprise Center Inc, Acec7265 A1a South Apt D1, Saint Augustine, FL 32080FL2009-08$0
14Brazil Florida AlliancePo Box 901, Ponte Vedra Beach, FL 32004FL2014-09$0
15Business And Technology Development Corp12210 Sw 194th Terr, Miami, FL 33177FL2014-02$0
16Disadvantaged Business Enterprise National Information Clearinghouse4141 Southpoint Dr E Ste C, Jacksonville, FL 32216-8061FL2006-10$0
17International Mastermind Association Inc6600 Nw 27th Ave Ste 208, Miami, FL 33147-7220FL2010-04$0
18Miami-Dade Entrepreneurial Development Organization1010 Ne 2nd Ave, Miami, FL 33132-1713FL2014-06$0
19Reliable Business Solutions Inc9145 Narcoossee Road Suite 106-212, Orlando, FL 32827FL1999-12$0
20Spring Economic Community Center Inc10250 W Sample Rd, Coral Springs, FL 33065-3940FL1999-07$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas4
Arizona10
California76
Colorado14
Connecticut7
District of Columbia7
Florida26
Georgia20
Hawaii5
Iowa8
Idaho3
Illinois22
Indiana11
Kansas3
Kentucky5
Louisiana6
Massachusetts18
Maryland19
Maine3
Michigan16
Minnesota8
Missouri13
Mississippi6
Montana3
North Carolina18
North Dakota1
Nebraska5
New Jersey6
New Mexico5
Nevada4
New York26
Ohio16
Oklahoma5
Oregon5
Pennsylvania12
Rhode Island1
South Carolina12
South Dakota4
Tennessee10
Texas27
Utah1
Virginia14
Vermont2
Washington10
Wisconsin8
West Virginia3
Wyoming1
International2
Total518

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