Tekeyan Cultural Association Inc in Watertown, Massachusetts (MA)

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Tekeyan Cultural Association Inc
Employer Identification Number (EIN)237055686
Name of OrganizationTekeyan Cultural Association Inc
Address755 Mount Auburn St, Watertown, MA 02472-1509
ActivitiesScholarships (other), Other school related activities, Other youth organization or activities
SubsectionCharitable Organization, Educational Organization
Ruling Date02/1970
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$11,003,768
Amount of Income$2,838,672
Form 990 Revenue Amount$1,988,850
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Cultural, Ethnic Awareness


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Amount of income in 2013: $2,838,672 (it was $2,213,059 in 2012)
This organization: 

 $2,838,672
Other organizations performing similar types of work: 

 $120,360

Assets in 2013: $11,003,768 (it was $11,239,715 in 2012)
Tekeyan Cultural Association Inc: 

 $11,003,768
Other organizations performing similar types of work: 

 $169,282

Expenses in 2012: $2,440,426
Tekeyan Cultural Association Inc: 

 $2,440,426
Other organizations performing similar types of work: 

 $104,111

Income to expenses ratio in 2012: 1.2
Tekeyan Cultural Association Inc: 

 1.2
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 30
Tekeyan Cultural Association Inc: 

 30
Other organizations performing similar types of work: 

 1

Grants share in income in 2012: 27.9%
This organization: 

 27.9%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,213,059
Contributions, Gifts, Grants and Other Similar Amounts$617,635
Program Service Revenue$1,390,812
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$128,427
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$75,147
Gross amount from sales of assets other than inventory (Securities / Other)$886,274 / $0
Less: cost or other basis and sales expenses (Securities / Other)$811,127 / $0
Gain or (loss) (Securities / Other)$75,147 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,038
Statement of Functional Expenses (for 2012)
Total functional expenses$2,440,426
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$877,848
Payroll taxes$86,369
Professional fundraising services$0
Other$1,476,209
Balance Sheet (for 2012)
Total assets$11,239,715
Total liabilities$2,574,153
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$2,520,510
Unsecured notes and loans payable to unrelated third parties$0
Other$53,643
Total net assets or fund balances$8,665,562
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$5,021,527
Gifts, grants, contributions, and membership fees received$4,093,811
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$927,716
Gross receipts from related activities, etc.$6,820,135
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1National Yiddish Book Center Inc1021 West St, Amherst, MA 01002-3375MA1980-06$12,060,977
2Shishu Bharti School IncPO BOX 32, Belmont, MA 02478-0001MA1983-01$303,173
3Ateneu Luso American IncPO BOX 2540, Fall River, MA 02722-2540MA1986-11$126,333
4Portugese American Association Of Falmouth IncPO BOX 70, Falmouth, MA 02541-0070MA1986-06$110,991
5Tekeyan Cultural Association Inc755 Mount Auburn St, Watertown, MA 02472-1509MA1970-02$2,838,672
6Silk Road Project Inc175 N Harvard St, Allston, MA 02134-1003MA1999-04$2,168,943
7Armenian Cultural Association Of America Inc80 Bigelow Ave, Watertown, MA 02472-2012MA1975-07$2,102,499
8Irish Cultural Center Inc200 New Boston Dr, Canton, MA 02021-2825MA1991-11$1,397,571
9Japanese Assoc Of Greater Boston Inc792 Massachusetts Ave, Arlington, MA 02476-4715MA1976-05$867,945
10Armenian Cultural & Educational Center Inc47 Nichols Ave, Watertown, MA 02472-4126MA1975-03$812,877
11Brookline I L Peretz School Of The Workmens Circle Inc1762 Beacon St, Brookline, MA 02445-2124MA1965-02$581,224
12Saint Patricks Parade Committee Of Holyoke IncorporatedPO BOX 871, Holyoke, MA 01041-0871MA1990-08$518,659
13Origination16 June St, Roslindale, MA 02131-4810MA1998-05$348,843
14Swedish Womens Educational Association, Boston70 Central St, Acton, MA 01720-2724MA1979-12$98,020
15Worcester County Saint Patricks Parade IncPO BOX 20708, Worcester, MA 01602-0708MA1986-10$83,240
16Sociedade Mariense Do Divino Espirito Santo IncPO BOX 38, Hudson, MA 01749-0038MA1979-05$36,403
17Spanish Dance Theatre Inc674 Columbia Rd, Dorchester, MA 02125-1731MA1977-08$9,857
18Alliance Francaise Of Boston & Cambridge Inc53 Marlborough Street, Boston, MA 02116-2099MA1984-07$0
19Center For Italian Culture IncPO BOX 600742, Newton, MA 02460-0007MA1999-04$0
20La FestaincPost Office Box 1704, North Adams, MA 01247-1704MA1990-05$0
Number of organizations performing similar types of work
Alaska11
Alabama4
Arkansas1
Arizona16
California190
Colorado12
Connecticut27
District of Columbia9
Delaware7
Florida36
Georgia25
Hawaii34
Iowa6
Idaho2
Illinois47
Indiana12
Kansas7
Kentucky6
Louisiana9
Massachusetts53
Maryland33
Michigan20
Minnesota28
Missouri22
Mississippi1
Montana3
North Carolina18
North Dakota4
Nebraska1
New Hampshire3
New Jersey37
New Mexico11
Nevada5
New York121
Ohio46
Oklahoma8
Oregon15
Pennsylvania32
Rhode Island5
South Carolina2
Tennessee10
Texas73
Utah4
Virginia22
Vermont1
Washington20
Wisconsin24
West Virginia1
International1
Total1,085

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