Lafayette Museum Association Inc in Lafayette, Louisiana (LA)
Table of contents:
| Lafayette Museum Association Inc | |
| Employer Identification Number (EIN) | 726027428 |
| Name of Organization | Lafayette Museum Association Inc |
| Address | 1122 Lafayette St, Lafayette, LA 70501-6838 |
| Activities | Other school related activities |
| Subsection | Educational Organization |
| Ruling Date | 08/1955 |
| 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 | 04/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $442,719 |
| Amount of Income | $76,587 |
| Form 990 Revenue Amount | $76,587 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2014: $76,587 (it was $66,561 in 2013)
| This organization: | $76,587 |
| Other organizations performing similar types of work: | $170,607 |
Assets in 2014: $442,719 (it was $439,750 in 2013)
| Lafayette Museum Association Inc: | $442,719 |
| Other organizations performing similar types of work: | $751,001 |
Expenses in 2014: $65,330
| Lafayette Museum Association Inc: | $65,330 |
| Other organizations performing similar types of work: | $136,601 |
Income to expenses ratio in 2014: 1.2
| Lafayette Museum Association Inc: | 1.2 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2014: 9.6%
| This organization: | 9.6% |
| Other organizations performing similar types of work: | 57.9% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $91,521 | $66,561 | $76,587 |
| Contributions, gifts, grants, and similar amounts received | $48,354 | $17,539 | $7,339 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $4,749 | $2,472 | $6,309 |
| Gain/Loss from sale of assets other than inventory | $462 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $37,956 | $46,550 | $62,939 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $37,956 | $46,550 | $62,939 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $65,800 | $57,509 | $65,330 |
| Total net assets | $419,381 | $432,535 | $442,719 |
| Excess/Deficit for the year | $25,721 | $9,052 | $11,257 |
| Net assets or fund balances at beginning of year | $392,068 | $419,381 | $432,535 |
| Other changes in net assets or fund balances | $1,592 | $4,102 | $-1,073 |
| Net assets or fund balances at end of year | $432,535 | $442,719 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $419,381 | $439,750 | $442,719 |
| Total liabilities | $0 | $7,215 | $0 |
| Net assets or fund balances | $419,381 | $432,535 | $442,719 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 2014) | |
| 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 supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $324,098 |
| Subtotal | $324,098 |
| Gifts, grants, contributions, and membership fees received | $99,941 |
| 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 | $224,157 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $343,166 |
| Public support | $324,098 |
| Subtotal | $13,388 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $13,388 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $5,680 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | National World War Ii Museum Inc | 945 Magazine St, New Orleans, LA 70130-3813 | LA | 1992-10 | $53,619,445 |
| 2 | Wharton County Museum Association | PO BOX 349, Wharton, TX 77488-0349 | TX | 1974-12 | $141,508 |
| 3 | Shakertown At Pleasant Hill Kentucky Inc | 3501 Lexington Rd, Harrodsburg, KY 40330-9218 | KY | 1962-11 | $5,784,015 |
| 4 | Worcester Historical Museum | 30 Elm St, Worcester, MA 01609-2504 | MA | 1944-06 | $4,759,570 |
| 5 | Rosenbach Museum And Library | 2010 Delancey St, Philadelphia, PA 19103-6510 | PA | 1953-10 | $4,722,469 |
| 6 | Yakima Valley Museum & Hist Assn | 2105 Tieton Dr, Yakima, WA 98902-3766 | WA | 1953-08 | $3,751,089 |
| 7 | The Long Island Museum Of American Art History & Carriages | 1200 Route 25a, Stony Brook, NY 11790-1931 | NY | 1945-04 | $3,682,073 |
| 8 | Soulsville | 926 E Mclemore Ave, Memphis, TN 38106-3338 | TN | 1998-08 | $2,508,610 |
| 9 | Stuhr Museum Of The Prairie Pioneer | 3133 W Hwy 34, Grand Island, NE 68801 | NE | 1970-04 | $2,428,078 |
| 10 | San Jacinto Museum Of History Association | 1 Monument Cir, La Porte, TX 77571-9585 | TX | 1940-11 | $2,300,662 |
| 11 | The Corporation For Jeffersons Poplar Forest | PO BOX 419, Forest, VA 24551-0419 | VA | 1984-05 | $2,032,275 |
| 12 | Louisiana State Penitentiary Museum Foundation Inc | General Delivery Hwy 66, Angola, LA 70712-9999 | LA | 1999-02 | $233,667 |
| 13 | Memorial Hall Museum Inc | 929 Camp St, New Orleans, LA 70130 | LA | 1998-06 | $215,537 |
| 14 | Imperial Calcasieu Museum Inc | 204 W Sallier St, Lake Charles, LA 70601-5844 | LA | 1965-02 | $205,178 |
| 15 | Old State Capitol Foundation Inc | 100 North Blvd, Baton Rouge, LA 70801-1502 | LA | 1992-04 | $203,982 |
| 16 | Southern Forest Heritage Museum & Research Center Inc | PO BOX 5067, Alexandria, LA 71307-5067 | LA | 1994-02 | $143,367 |
| 17 | Lafayette Museum Association Inc | 1122 Lafayette St, Lafayette, LA 70501-6838 | LA | 1955-08 | $76,587 |
| 18 | New Orleans Scottish Rite Foundation Inc | 619 Carondelet St, New Orleans, LA 70130-3503 | LA | 1996-11 | $76,425 |
| 19 | Herberts Ford Memorial Museum | 519 S Main St, Homer, LA 71040-3955 | LA | 1970-09 | $51,702 |
| 20 | City Club Foundation Inc | 355 North Blvd, Baton Rouge, LA 70801 | LA | 1998-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 772 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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