Arts Company Inc in Cambridge, Massachusetts (MA)
Table of contents:
| Arts Company Inc | |
| Employer Identification Number (EIN) | 222876209 |
| Name of Organization | Arts Company Inc |
| Address | 43 Linnaean St, Cambridge, MA 02138-1544 |
| Activities | Cultural performances, Other cultural or historical activities |
| Subsection | Educational Organization |
| Ruling Date | 06/1988 |
| 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 | 06/2014 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $10,422 |
| Amount of Income | $5,000 |
| Form 990 Revenue Amount | $5,000 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: |
Non-representatives - add comments:
Amount of income in 2014: $5,000 (it was $76,400 in 2013)
| Arts Company Inc: | $5,000 |
| Other organizations performing similar types of work: | $130,604 |
Assets in 2014: $10,422 (it was $34,485 in 2013)
| Arts Company Inc: | $10,422 |
| Other organizations performing similar types of work: | $44,995 |
Expenses in 2013: $150,329
| Arts Company Inc: | $150,329 |
| Other organizations performing similar types of work: | $180,823 |
Income to expenses ratio in 2013: 0.0
| This organization: | 0.0 |
| Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 92.5%
| Arts Company Inc: | 92.5% |
| Other organizations performing similar types of work: | 81.5% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $170,000 | $175,365 | $76,400 |
| Contributions, gifts, grants, and similar amounts received | $170,000 | $155,000 | $70,700 |
| Program service revenue including government fees and contracts | $0 | $15,000 | $0 |
| Membership dues and assessments | $0 | $0 | $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 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $5,365 | $5,700 |
| Total expenses | $108,038 | $149,970 | $150,329 |
| Total net assets | $83,019 | $108,414 | $34,485 |
| Excess/Deficit for the year | $61,962 | $25,395 | $-73,929 |
| Net assets or fund balances at beginning of year | $21,057 | $83,019 | $108,414 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $108,414 | $34,485 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $83,019 | $108,414 | $34,485 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $83,019 | $108,414 | $34,485 |
| 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: (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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $501,765 |
| Subtotal | $501,765 |
| Gifts, grants, contributions, and membership fees received | $475,700 |
| 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 | $26,065 |
| 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 | $501,765 |
| Public support | $501,765 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Performance Space 122 Inc | 67 West St Ste 315, Brooklyn, NY 11222-2098 | NY | 1993-10 | $1,187,670 |
| 2 | Crosspulse | PO BOX 3388, Oakland, CA 94609-0388 | CA | 1985-07 | $283,040 |
| 3 | Experimental Sound Studio | 5925 N Ravenswood Ave, Chicago, IL 60660-3107 | IL | 1987-02 | $224,745 |
| 4 | Arts Company Inc | 43 Linnaean St, Cambridge, MA 02138-1544 | MA | 1988-06 | $5,000 |
| 5 | Movement Theatre International | 50 Bernard Drive, Morrisville, PA 19067 | PA | 1986-02 | $2,700 |
| 6 | Acting Company Of Greenwich Inc | Po Box 7574, Greenwich, CT 06836 | CT | 1991-10 | $0 |
| 7 | Arts Reaching Through Society | 49 Saint John St, Jamaica Plain, MA 02130-2533 | MA | 1997-03 | $0 |
| 8 | B Team | 341 Lafayette St, New York, NY 10012-2417 | NY | 1998-03 | $0 |
| 9 | Community Multi Cultural Arts Project, Waldo Arts Mission | Po Box 205, Belfast, ME 04915 | ME | 1993-06 | $0 |
| 10 | Diktamos Cretan Association Inc | 8 Meadow Road, Scarsdale, NY 10583 | NY | 1997-02 | $0 |
| 11 | Empire Of Le Mans | 229 Blockton Rd, Vista, CA 92083-7671 | CA | 1998-06 | $0 |
| 12 | Florida Performing Arts Inc | 128 N Nova Rd, Ormond Beach, FL 32174-5122 | FL | 1995-10 | $0 |
| 13 | Goldston Mime Foundation At Kenyon Festival Theater, The Goldston Mime Foundation | Po Box 974, New York, NY 10113 | NY | 1982-05 | $0 |
| 14 | Heal The Earth Celebration | 355 N Dawn Ave, Tucson, AZ 85710-3034 | AZ | 1996-09 | $0 |
| 15 | Jewish Academy Of Fine Arts Inc | 9 Arbor Rd, Roslyn Hts, NY 11577-1805 | NY | 1991-09 | $0 |
| 16 | Next Stage Incorporated | 64 Wyman St, Jamaica Plain, MA 02130-1927 | MA | 1985-09 | $0 |
| 17 | Planet Ionesco Ltd | 550 Mamaroneck Ave Ste 404, Harrison, NY 10528-1614 | NY | 1995-03 | $0 |
| 18 | Seventh Principle Inc | 156 S Ridgewood Rd, South Orange, NJ 07079-1461 | NJ | 1995-04 | $0 |
| 19 | Thai Music And Dance Society Of America Inc | 290 Ridgecrest Ave, Staten Island, NY 10312-5134 | NY | 1996-04 | $0 |
| 20 | Triad Community Artspace Inc | PO BOX 26000, Greensboro, NC 27420-6000 | NC | 1996-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||
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| Total | 23 | ||||||||||||||||||||||||||
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