Greater Main Street Area Merchants Association Inc in Sarasota, Florida (FL)
Table of contents:
| Greater Main Street Area Merchants Association Inc | |
| Employer Identification Number (EIN) | 205380145 |
| Name of Organization | Greater Main Street Area Merchants Association Inc |
| In Care of Name | Ernest Ritz |
| Address | Po Box 11011, Sarasota, FL 34278 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 08/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2007 |
| Assets | $10,000 to $24,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $15,708 |
| Amount of Income | $143,044 |
| Form 990 Revenue Amount | $143,044 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Cultural, Ethnic Awareness |
Non-representatives - add comments:
Amount of income in 2007: $143,044 (it was $143,044 in 2013)
| This organization: | $143,044 |
| Other organizations performing similar types of work: | $43,086 |
Assets in 2007: $15,708 (it was $15,708 in 2013)
| Greater Main Street Area Merchants Association Inc: | $15,708 |
| Other organizations performing similar types of work: | $17,937 |
Expenses in 2013: $141,908
| Greater Main Street Area Merchants Association Inc: | $141,908 |
| Other organizations performing similar types of work: | $32,859 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 23.4%
| This organization: | 23.4% |
| Other organizations performing similar types of work: | 78.0% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $199,241 | $115,301 | $143,044 | |
| Contributions, gifts, grants, and similar amounts received | $52,024 | $6,596 | $33,445 | |
| Program service revenue including government fees and contracts | $110,947 | $74,875 | $109,599 | |
| Membership dues and assessments | $36,270 | $33,830 | $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 | $50,935 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | |
| Other revenue | $0 | $0 | $0 | |
| Total expenses | $185,184 | $132,122 | $141,908 | |
| Total net assets | $31,393 | $14,572 | $15,708 | |
| Excess/Deficit for the year | $14,057 | $-16,821 | $1,136 | |
| Net assets or fund balances at beginning of year | $17,336 | $31,393 | $14,572 | |
| Other changes in net assets or fund balances | $0 | $0 | $0 | |
| Net assets or fund balances at end of year | $14,572 | $15,708 | ||
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $40,960 | $31,393 | $14,572 | $15,708 |
| Total liabilities | $23,624 | $0 | $0 | $0 |
| Net assets or fund balances | $31,393 | $14,572 | $15,708 | |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | ||
| Were any significant changes made to the organizing or governing documents? | No | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | |
| Has the organization filed a Form 990-T for the year? | No | No | ||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | ||
| Amount of political expenditures, direct or indirect | $0 | $0 | ||
| Did the organization file Form 1120-POL for this year? | No | 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 | No | ||
| Total amount involved | $0 | $0 | ||
| 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? | No | No | ||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | ||
| 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 supported | 0 |
| 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 | $224,676 |
| Subtotal Support | $224,676 |
| Gifts, grants, contributions, and membership fees received | $224,676 |
| 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 | $224,676 |
| Public Support | $224,676 |
| 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. | $0 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $0 | $0 | $0 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $0 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $0 |
| Specific deduction | $100,000 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Salvadoran Alliance Of New York Inc, Sany | 303 Crooked Hill Rd, Brentwood, NY 11717-1022 | NY | 2007-12 | $81,900 |
| 2 | Florida Falun Dafa Association | 4257 Laurel Ridge Cir, Weston, FL 33331-4012 | FL | 2012-08 | $2,292,732 |
| 3 | North America Telugu Society Inc | 2720 Eleanor Way, West Palm Bch, FL 33414-3419 | FL | 2009-04 | $1,289,190 |
| 4 | Televisa Foundation Inc | 501 Brickell Key Drive Suite 401, Miami, FL 33133 | FL | 2013-07 | $417,065 |
| 5 | Navika Inc | 7321 Grand Blvd, New Port Richey, FL 34652 | FL | 2010-08 | $250,720 |
| 6 | Sikh Society Of Northeast Florida | 8752 Harpers Glen Ct, Jacksonville, FL 32256 | FL | 2008-06 | $232,900 |
| 7 | Vamos Falar Portugues Foundation Inc | 7122 Nw 74th Ave, Miami, FL 33166-2829 | FL | 2005-11 | $210,525 |
| 8 | Czech & Slovak Heritage Society St Petersburg Fl Inc | PO BOX 531313, St Petersburg, FL 33747 | FL | 2014-02 | $192,550 |
| 9 | Casa De Madrid En Miami Inc | 1444 Biscayne Blvd Ste 208 13, Miami, FL 33132-1430 | FL | 2010-02 | $147,828 |
| 10 | Scottish American Society Of South Florida | 1121 Ne 13th Ave, Ft Lauderdale, FL 33304-2211 | FL | 2014-02 | $109,056 |
| 11 | Lithuanian American Club Inc | 4880 46th Ave N, St Petersburg, FL 33714-2816 | FL | 2012-02 | $109,048 |
| 12 | Tampa Bay Latin-American Medical Society Inc | PO BOX 320578, Tampa, FL 33679-2578 | FL | 2013-04 | $106,751 |
| 13 | Pachamamas Path Inc | 5543 Pelican Way, Saint Augustine, FL 32080-7051 | FL | 2007-08 | $96,166 |
| 14 | The Howard & Patricia Farber Foundation | 16 Island Avenue, Miami Beach, FL 33139-1353 | FL | 2010-07 | $92,000 |
| 15 | Tampa Muslim Outreach Inc | 218 E Bearss Ave 346, Tampa, FL 33613-1625 | FL | 2013-07 | $83,826 |
| 16 | Sirius Foundation, Turkish Cultural Center Of Tampa Bay | 7402 N 56th Street Suite 385, Tampa, FL 33617 | FL | 2008-01 | $82,988 |
| 17 | Gables Hispanic Cultural Foundaton Inc | 4680 Sw 72nd Ave, Miami, FL 33155-4516 | FL | 2010-08 | $80,782 |
| 18 | Indian Cultural Society Ofjacksonville Inc | 10474 Creston Glen Cir, Jacksonville, FL 32256-4685 | FL | 2010-10 | $78,529 |
| 19 | Japan Arts Inc, Fushu Daiko | 11201 Nw 1st Ct, Coral Springs, FL 33071-8138 | FL | 2014-02 | $77,288 |
| 20 | First Coast Hispanic Chamber Of Commerce Community Development Inc | Po Box 57972, Jacksonville, FL 32241 | FL | 2007-10 | $73,020 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 6,599 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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