Midsummer Arts Faire Nfp in Quincy, Illinois (IL)
Table of contents:
| Midsummer Arts Faire Nfp | |
| Employer Identification Number (EIN) | 208240575 |
| Name of Organization | Midsummer Arts Faire Nfp |
| In Care of Name | TRAVIS M BROWN |
| Address | P O Box 24, Quincy, IL 62306-0024 |
| Website | http://WWW.ARTSFAIRE.ORG |
| Subsection | Educational Organization |
| Ruling Date | 03/2009 |
| 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 | 2014 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $11,477 |
| Amount of Income | $56,524 |
| Form 990 Revenue Amount | $55,637 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts Education |
Non-representatives - add comments:
Amount of income in 2014: $56,524 (it was $55,637 in 2013)
| This organization: | $56,524 |
| Other organizations performing similar types of work: | $63,694 |
Assets in 2014: $11,477 (it was $11,477 in 2013)
| Midsummer Arts Faire Nfp: | $11,477 |
| Other organizations performing similar types of work: | $22,158 |
Expenses in 2013: $49,665
| Midsummer Arts Faire Nfp: | $49,665 |
| Other organizations performing similar types of work: | $58,738 |
Income to expenses ratio in 2013: 1.1
| This organization: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 84.4%
| This organization: | 84.4% |
| Other organizations performing similar types of work: | 72.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $35,728 | $33,718 | $55,637 |
| Contributions, gifts, grants, and similar amounts received | $26,828 | $26,625 | $46,932 |
| Program service revenue including government fees and contracts | $9,645 | $7,445 | $8,642 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $7 | $7 | $9 |
| 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 | $-752 | $-359 | $54 |
| Gross sales of inventory, less returns and allowances | $655 | $992 | $941 |
| Less: cost of goods sold | $1,407 | $1,351 | $887 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $35,277 | $38,585 | $49,665 |
| Total net assets | $10,373 | $5,506 | $11,477 |
| Excess/Deficit for the year | $451 | $-4,867 | $5,972 |
| Net assets or fund balances at beginning of year | $10,008 | $10,373 | $5,505 |
| Other changes in net assets or fund balances | $-86 | $0 | $0 |
| Net assets or fund balances at end of year | $5,506 | $11,477 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $10,373 | $5,506 | $11,477 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $10,373 | $5,506 | $11,477 |
| 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 | 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 | $148,886 |
| Subtotal Support | $148,886 |
| Gifts, grants, contributions, and membership fees received | $148,886 |
| 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 | $150,438 |
| Public Support | $148,886 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $43 |
| 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 | $1,509 |
| Gross receipts from related activities, etc. | $8,642 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ingenuity Incorporated Chicago | 11 E Hubbard St Ste 200, Chicago, IL 60611-5637 | IL | 2011-09 | $2,796,456 |
| 2 | Community Center For The Arts | 103 N Race St, Urbana, IL 61801-2625 | IL | 2009-08 | $238,689 |
| 3 | Chicago Art Department | 1837 S Halsted, Chicago, IL 60608 | IL | 2007-01 | $201,750 |
| 4 | Kaleidoscope School Of Fine Art | 316 W Main St, Barrington, IL 60010-3012 | IL | 2014-09 | $165,255 |
| 5 | Unity Chinese Culture Council | 6951 Springside Ave, Downers Grove, IL 60516-3114 | IL | 2010-02 | $104,750 |
| 6 | Creative Arts Inc | 400 Highland Ave, Crystal Lake, IL 60014-5645 | IL | 2012-11 | $76,336 |
| 7 | Heaven Gallery | 1550 N Milwaukee Ave, Chicago, IL 60622-2008 | IL | 2012-10 | $55,607 |
| 8 | Chicago Urban Art Society | 3636 S Iron St # 2, Chicago, IL 60609-1321 | IL | 2013-03 | $54,100 |
| 9 | R P M Productions | 1440 South Michigan Avenue Ph12, Chicago, IL 60605-2822 | IL | 1995-07 | $37,529 |
| 10 | Helen Doria Foundation | 9417 Burlington Ave, Brookfield, IL 60513-1829 | IL | 2014-11 | $34,695 |
| 11 | Timeless Gifts | 3427 S Giles Ave, Chicago, IL 60616-3911 | IL | 2012-05 | $29,747 |
| 12 | West Central Illinois Art Center Corp, Regional Arts Center Initiative | PO BOX 692, Macomb, IL 61455-0692 | IL | 2004-03 | $25,463 |
| 13 | Praize Productions Inc | 10047 S Emerald Ave, Chicago, IL 60628-1806 | IL | 2013-06 | $17,959 |
| 14 | Fight Back Foundation | 3121 N Sheridan Road, Chicago, IL 60657 | IL | 2011-06 | $14,600 |
| 15 | Flat Iron Artists Association | 1579 N Milwaukee Ave, Chicago, IL 60622-2452 | IL | 2009-09 | $13,584 |
| 16 | Fort Dearborn-Chicago Photo Forum | 47 West Polk Street M-7, Chicago, IL 60605-2000 | IL | 2012-08 | $11,534 |
| 17 | Public Art Chicago Inc | 1147 W Ohio St Ste 204, Chicago, IL 60642-5874 | IL | 2013-01 | $10,522 |
| 18 | Acts 2 School Of Performing Arts | 14243 Dante Ave, Dolton, IL 60419-1348 | IL | 2013-05 | $200 |
| 19 | 6018north Nfp | 6018 N Kenmore, Chicago, IL 60660 | IL | 2013-01 | $0 |
| 20 | Allartsfoundation | 3471 N Elston Ave, Chicago, IL 60618-5624 | IL | 2010-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,818 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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