Tekventure Incorporated in Fort Wayne, Indiana (IN)

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Tekventure Incorporated
Employer Identification Number (EIN)352112823
Name of OrganizationTekventure Incorporated
In Care of NameGreg Jacobs
AddressPo Box 9145, Fort Wayne, IN 46809
SubsectionCharitable Organization, Educational Organization
Ruling Date11/2000
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2010
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$8,660
Amount of Income$58,582
Form 990 Revenue Amount$58,582
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts, Cultural Organizations - Multipurpose


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Amount of income in 2010: $58,582 (it was $50,960 in 2012)
This organization: 

 $58,582
Other organizations performing similar types of work: 

 $59,050

Assets in 2010: $8,660 (it was $918 in 2012)
This organization: 

 $8,660
Other organizations performing similar types of work: 

 $25,518

Expenses in 2012: $51,584
This organization: 

 $51,584
Other organizations performing similar types of work: 

 $51,518

Income to expenses ratio in 2012: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 58.5%
Tekventure Incorporated: 

 58.5%
Other organizations performing similar types of work: 

 1.3%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$50,960
Contributions, gifts, grants, and similar amounts received$29,817
Program service revenue including government fees and contracts$21,053
Membership dues and assessments$90
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$51,584
Total net assets$918
Deficit for the year$-624
Net assets or fund balances at beginning of year$1,542
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$918
Total liabilities$0
Net assets or fund balances$918
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$101,172
Gifts, grants, contributions, and membership fees received$62,932
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$38,240
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Womans Art Club Of Cincinnati Foundation6980 Cambridge Ave, Cincinnati, OH 45227-3362OH2007-03$122,085
2Syracuse-Wawasee Park Foundation Inc1013 N Long Dr, Syracuse, IN 46567-1060IN1997-01$267,966
3Porter County Heritage Corporation153 South Franklin Street, Valparaiso, IN 46383IN2011-06$265,644
4Upr Foundation Inc1700 Lindberg Road, West Lafayette, IN 47906IN2006-01$193,077
5Muncie Arts And Culture Council IncPo Box 1467, Muncie, IN 47308-1467IN2012-01$152,400
6Zionsville Center For Art History And Genealogy Inc225 W Hawthorne St, Zionsville, IN 46077-1620IN2009-09$151,420
7Stutz Artist Association Inc212 W 10th St Ste A500, Indianapolis, IN 46202-5647IN2000-07$127,722
8Sugar Creek Art Center Inc127 S Pearl St, Thorntown, IN 46071-1233IN2006-12$92,800
9Athens Of Indiana Arts Studios & Gallery Inc113 N Washington St, Crawfordsvlle, IN 47933-1734IN2012-06$66,637
10Harrison County Arts IncP O Box 196, Lanesville, IN 47136IN2007-02$62,792
11Tekventure IncorporatedPo Box 9145, Fort Wayne, IN 46809IN2000-11$58,582
12St Patricks Celebration IncPO BOX 64, Ireland, IN 47545-0064IN2011-05$40,078
13Symphony At Sunset Group IncPO BOX 94, Lebanon, IN 46052-0094IN1997-09$36,977
14French Lick Artisans IncPO BOX 43, French Lick, IN 47432-0043IN2013-09$31,174
15The Viewfinder Project Inc6900 S Gray Road, Indianapolis, IN 46237IN2007-12$26,349
16Arcadia Arts InitiativePo Box 212, Arcadia, IN 46030IN2011-11$22,753
17John Paul Park Conservancy Inc241 Holcroft Rd, Madison, IN 47250IN2014-08$17,671
18Carnegie Heritage & Arts Center Of Greene County IncPO BOX 492, Linton, IN 47441-0492IN2010-11$17,645
19Chautauqua Wawasee Inc110 W Berry St Ste 2401, Fort Wayne, IN 46802-2322IN2014-06$6,796
20Transforming Design Inc1451 Montcalm St, Indianapolis, IN 46202-2130IN2013-01$5,460
Number of organizations performing similar types of work
Alaska22
Alabama63
Arkansas50
Arizona135
California1,022
Colorado143
Connecticut88
District of Columbia74
Delaware13
Florida371
Georgia162
Hawaii83
Iowa63
Idaho34
Illinois240
Indiana102
Kansas48
Kentucky74
Louisiana85
Massachusetts189
Maryland133
Maine46
Michigan156
Minnesota133
Missouri129
Mississippi35
Montana33
North Carolina169
North Dakota14
Nebraska42
New Hampshire25
New Jersey180
New Mexico70
Nevada39
New York667
Ohio194
Oklahoma53
Oregon141
Pennsylvania218
Rhode Island33
South Carolina64
South Dakota17
Tennessee93
Texas380
Utah63
Virginia178
Vermont26
Washington183
Wisconsin110
West Virginia47
Wyoming10
International21
Total6,763

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