Golden Tones Inc in Wayland, Massachusetts (MA)
Table of contents:
| Golden Tones Inc | |
| Employer Identification Number (EIN) | 043274268 |
| Name of Organization | Golden Tones Inc |
| Address | 41 Cochituate Wayland Town Bld, Wayland, MA 01778 |
| Activities | Singing society or group |
| Subsection | Charitable Organization |
| Ruling Date | 10/1996 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $408,614 |
| Amount of Income | $144,618 |
| Form 990 Revenue Amount | $94,832 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Singing, Choral |
Non-representatives - add comments:
Amount of income in 2013: $144,618 (it was $107,595 in 2012)
| This organization: | $144,618 |
| Other organizations performing similar types of work: | $71,300 |
Assets in 2013: $408,614 (it was $351,377 in 2012)
| This organization: | $408,614 |
| Other organizations performing similar types of work: | $32,484 |
Expenses in 2013: $89,369
| Golden Tones Inc: | $89,369 |
| Other organizations performing similar types of work: | $70,650 |
Income to expenses ratio in 2013: 1.6
| This organization: | 1.6 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 86.7%
| This organization: | 86.7% |
| Other organizations performing similar types of work: | 24.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $83,726 | $102,798 | $94,832 |
| Contributions, gifts, grants, and similar amounts received | $70,773 | $86,892 | $82,259 |
| Program service revenue including government fees and contracts | $5,650 | $7,085 | $6,375 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $46 | $-308 |
| Gross amount from sale of assets other than inventory | $0 | $46 | $40,000 |
| Less: cost or other basis and sales expenses | $0 | $0 | $40,308 |
| Net income/loss from gaming and fundraising events | $201 | $203 | $-878 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $3,250 | $5,000 | $8,600 |
| Less: direct expenses from gaming and fundraising events | $3,049 | $4,797 | $9,478 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $7,102 | $8,572 | $7,384 |
| Total expenses | $77,215 | $88,405 | $89,369 |
| Total net assets | $313,450 | $351,377 | $408,614 |
| Excess/Deficit for the year | $6,511 | $14,393 | $5,463 |
| Net assets or fund balances at beginning of year | $304,349 | $313,450 | $351,377 |
| Other changes in net assets or fund balances | $2,590 | $23,534 | $51,774 |
| Net assets or fund balances at end of year | $351,377 | $408,614 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $313,450 | $351,377 | $408,614 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $313,450 | $351,377 | $408,614 |
| 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 | Yes | |
| 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 | $275,203 |
| Subtotal Support | $382,575 |
| Gifts, grants, contributions, and membership fees received | $382,575 |
| 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 | $107,372 |
| Total Support | $419,457 |
| Public Support | $382,575 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $36,882 |
| 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 | $0 |
| Gross receipts from related activities, etc. | $31,555 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Westlake Choir Parents Inc | 4100 Westbank Dr, Austin, TX 78746-6566 | TX | 1987-01 | $208,464 |
| 2 | Golden Tones Inc | 41 Cochituate Wayland Town Bld, Wayland, MA 01778 | MA | 1996-10 | $144,618 |
| 3 | Good-Times Boosters Inc | 701 S Queen St, Martinsburg, WV 25401-3116 | WV | 1986-12 | $91,557 |
| 4 | Plainview Choir Boosters Association Inc | 1501 Quincy St, Plainview, TX 79072-5003 | TX | 1991-05 | $71,300 |
| 5 | Metropolitan Detroit Chorale Inc | 34452 Windemere Ct, Fraser, MI 48026-3575 | MI | 1991-04 | $63,361 |
| 6 | Odessa High School Choir Booster Club | 1301 Dotsy Ave, Odessa, TX 79763-3576 | TX | 1989-03 | $63,099 |
| 7 | Berkner Area Choir Booster Club Inc | 1600 E Spring Vly Rd, Richardson, TX 75081-5351 | TX | 1998-02 | $48,336 |
| 8 | Ozaukee Chorus Ltd | PO BOX 347, Grafton, WI 53024 | WI | 2012-03 | $26,293 |
| 9 | Choral Arts New England Inc | Po Box 608 New Town Branch, Newton, MA 02456-0608 | MA | 1997-04 | $0 |
| 10 | Christian County Choral Booster Club | 220 Glass Ave, Hopkinsville, KY 42240-2471 | KY | 1984-07 | $0 |
| 11 | Danville Choral Support Group Inc | 100 Westview Dr, Danville, IN 46122-1563 | IN | 1998-07 | $0 |
| 12 | Everyman Guild Ltd | 155 Chestnut Tree Hill Rd, Oxford, CT 06478-1406 | CT | 1995-04 | $0 |
| 13 | Heritage Childrens Chorale Of The South Non-Profit Fundraising | 1333 Edgewood Drive, Pulaski, TN 38478 | TN | 2012-10 | $0 |
| 14 | Kaw Valley Community Chorus Inc | 14355 166th St, Bonner Springs, KS 66012 | KS | 1993-05 | $0 |
| 15 | One Voice | Affirmations290 W Nine Mile Rd, Ferndale, MI 48220 | MI | 1992-08 | $0 |
| 16 | The Columbus Boychoir | 999 Venetian Way, Gahanna, OH 43230-1865 | OH | 1987-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||
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| Total | 16 | ||||||||||||||||||||||
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