Karl King Band Association in Fort Dodge, Iowa (IA)
Table of contents:
| Karl King Band Association | |
| Employer Identification Number (EIN) | 710914235 |
| Name of Organization | Karl King Band Association |
| In Care of Name | Fort Dodge Public Library |
| Address | 424 Central Ave, Fort Dodge, IA 50501-3738 |
| Subsection | Educational Organization |
| Ruling Date | 11/2003 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $86,269 |
| Amount of Income | $19,008 |
| Form 990 Revenue Amount | $18,733 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Music Groups, Bands, Ensembles |
Non-representatives - add comments:
Amount of income in 2013: $19,008 (it was $8,422 in 2012)
| Karl King Band Association: | $19,008 |
| Other organizations performing similar types of work: | $49,571 |
Assets in 2013: $86,269 (it was $70,218 in 2012)
| Karl King Band Association: | $86,269 |
| Other organizations performing similar types of work: | $16,879 |
Expenses in 2013: $2,662
| Karl King Band Association: | $2,662 |
| Other organizations performing similar types of work: | $43,914 |
Income to expenses ratio in 2013: 7.1
| This organization: | 7.1 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 90.6%
| Karl King Band Association: | 90.6% |
| Other organizations performing similar types of work: | 46.1% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $4,998 | $8,422 | $18,733 |
| Contributions, gifts, grants, and similar amounts received | $3,917 | $7,291 | $16,965 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $1,119 | $1,053 | $1,072 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-38 | $78 | $696 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $474 | $78 | $971 |
| Less: direct expenses from gaming and fundraising events | $512 | $0 | $275 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $1,602 | $8,373 | $2,662 |
| Total net assets | $70,169 | $70,218 | $86,269 |
| Excess/Deficit for the year | $3,396 | $49 | $16,071 |
| Net assets or fund balances at beginning of year | $66,773 | $70,169 | $70,218 |
| Other changes in net assets or fund balances | $0 | $0 | $-20 |
| Net assets or fund balances at end of year | $70,218 | $86,269 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $70,169 | $70,218 | $86,269 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $70,169 | $70,218 | $86,269 |
| Other Information | |||
| 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 | Yes | Yes | Yes |
| Has the organization filed a Form 990-T for the year? | Yes | Yes | |
| 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 | $33,705 |
| Subtotal Support | $33,705 |
| Gifts, grants, contributions, and membership fees received | $33,705 |
| 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 | $40,133 |
| Public Support | $33,705 |
| 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 | $6,428 |
| 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 | $14 | $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 | $1,000 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Cedar Falls Band Inc | 9716 University Ave, Cedar Falls, IA 50613-9155 | IA | 2009-06 | $86,199 |
| 2 | Iowa Military Veterans Band Inc | 4607 Locust St, West Des Moines, IA 50265 | IA | 1997-02 | $24,795 |
| 3 | Urbandale Community Adult Band Inc | Po Box 7823, Urbandale, IA 50322 | IA | 2012-02 | $1,248 |
| 4 | All Things New Music Ministry Inc | 323 Jefferson Street, Burlington, IA 52601 | IA | 2014-08 | $0 |
| 5 | Beaver Creek Jazz Ensemble | 6101 Crescent Chase, Johnston, IA 50131 | IA | 2014-12 | $0 |
| 6 | Cedar Valley Acoustic Guitar Association | 906 S Ridge Dr, Cedar Falls, IA 50613 | IA | 2005-09 | $0 |
| 7 | Central Iowa Wind Ensemble | 1510 Ne Stoneridge Ct, Ankeny, IA 50021 | IA | 2011-04 | $0 |
| 8 | Covenant | 528 4th St Se, Sioux Center, IA 51250-2236 | IA | 2000-01 | $0 |
| 9 | De Klokkenluiders | 22 Peace Street, Pella, IA 50219 | IA | 2004-03 | $0 |
| 10 | Dubuque Fire Pipes And Drums Band | 1036 W 3rd St, Dubuque, IA 52001 | IA | 2010-06 | $0 |
| 11 | Greater Des Moines Community Band Inc | 1543 Nw 109th St, Clive, IA 50325 | IA | 2005-12 | $0 |
| 12 | Greater Des Moines Community Jazz Center | 2921 Patricia Drive, Des Moines, IA 50322 | IA | 1997-02 | $0 |
| 13 | Iowa Scottish Hertitage Pipes And Drums, Iowa Scottish Pipes And Drums | 1640 Nw 104th Street, Clive, IA 50325 | IA | 2004-05 | $0 |
| 14 | Musicks Feast | 35 N Lowell St, Iowa City, IA 52245 | IA | 2001-11 | $0 |
| 15 | North Iowa Music Arts & Pageantry Incorporated | Po Box 107, Ventura, IA 50482 | IA | 2014-07 | $0 |
| 16 | River City Municipal Band Inc | 1356 Springdale Drive, Clinton, IA 52732 | IA | 2004-02 | $0 |
| 17 | Southwest Iowa Honor Marching Band Foundation | 1217 Timberlane, Glenwood, IA 51534 | IA | 2002-01 | $0 |
| 18 | The East Dubuque Drum And Bugle Corps | 2824 Pinard St, Dubuque, IA 52001 | IA | 2008-05 | $0 |
| 19 | Waterloo Community Concert Band | 225 Commercial Street, Waterloo, IA 50701 | IA | 1995-02 | $0 |
| 20 | Winterset Community Band | 708 W Jefferson St, Winterset, IA 50273 | IA | 2012-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,659 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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