Fine Arts Society Inc in St Petersburg, Florida (FL)

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Fine Arts Society Inc
Employer Identification Number (EIN)591917012
Name of OrganizationFine Arts Society Inc
Address222 Valencia Cir, St Petersburg, FL 33716-1214
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date07/1988
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,784
Amount of Income$3,101
Form 990 Revenue Amount$2,619
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities:


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Amount of income in 2013: $3,101 (it was $3,687 in 2012)
This organization: 

 $3,101
Other organizations performing similar types of work: 

 $986,211

Assets in 2013: $5,784 (it was $4,895 in 2012)
This organization: 

 $5,784
Other organizations performing similar types of work: 

 $946,768

Expenses in 2013: $1,730
Fine Arts Society Inc: 

 $1,730
Other organizations performing similar types of work: 

 $449,100

Income to expenses ratio in 2013: 1.8
Fine Arts Society Inc: 

 1.8
Other organizations performing similar types of work: 

 2.2

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 68.7%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$3,387$2,619
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$3,222$2,601
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$165$18
Gross income from gaming$0$0
Gross income from fundraising events$465$500
Less: direct expenses from gaming and fundraising events$300$482
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$5,934$1,730
Total net assets$4,895$5,784
Excess/Deficit for the year$-2,547$889
Net assets or fund balances at beginning of year$7,442$4,895
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$5,784
Balance Sheets
20122013
Total assets$4,895$5,784
Total liabilities$0$0
Net assets or fund balances$4,895$5,784
Other Information
20122013
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 activitiesNoNo
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$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?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 2013)
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
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Association Of Writers & Writing ProgramsCarty House Mail Stop 1e3 Gmu, Fairfax, VA 22030VA1968-12$3,378,976
2Society For Contemporary Art111 S Michigan Ave, Chicago, IL 60603-6110IL1941-03$986,211
3Fine Arts Society Inc222 Valencia Cir, St Petersburg, FL 33716-1214FL1988-07$3,101
4Composers Forum Inc260 West Broadway Suite 1, New York, NY 10013NY1971-09$0
Number of organizations performing similar types of work
Florida1
Illinois1
New York1
Virginia1
Total4

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