Foundation For International Arts & Education Inc in Bethesda, Maryland (MD)
Table of contents:
Foundation For International Arts & Education Inc | |
Employer Identification Number (EIN) | 521958630 |
Name of Organization | Foundation For International Arts & Education Inc |
In Care of Name | Gregory Guroff |
Address | 3 Bethesda Metro Ctr Ste 700, Bethesda, MD 20814-6300 |
Activities | Described in section 509(a)(2) of the Code, Cultural exchanges with foreign country |
Subsection | Charitable Organization |
Ruling Date | 05/1996 |
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 | $10,000 to $24,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $10,800 |
Amount of Income | $170,793 |
Form 990 Revenue Amount | $156,557 |
National Taxonomy of Exempt Entities (NTEE) | International, Foreign Affairs and National Security: Promotion of International Understanding |
Non-representatives - add comments:
Amount of income in 2013: $170,793 (it was $456,400 in 2012)
Foundation For International Arts & Education Inc: | $170,793 |
Other organizations performing similar types of work: | $82,753 |
Assets in 2013: $10,800 (it was $132,635 in 2012)
This organization: | $10,800 |
Other organizations performing similar types of work: | $35,174 |
Expenses in 2013: $272,165
This organization: | $272,165 |
Other organizations performing similar types of work: | $84,219 |
Income to expenses ratio in 2013: 0.6
This organization: | 0.6 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 63.7%
This organization: | 63.7% |
Other organizations performing similar types of work: | 63.7% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $156,557 | ||
Contributions, gifts, grants, and similar amounts received | $99,673 | ||
Program service revenue including government fees and contracts | $64,742 | ||
Membership dues and assessments | $0 | ||
Investment income | $1 | ||
Gain/Loss from sale of assets other than inventory | $0 | ||
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $-8,329 | ||
Gross sales of inventory, less returns and allowances | $5,907 | ||
Less: cost of goods sold | $14,236 | ||
Other revenue | $470 | ||
Total expenses | $272,165 | ||
Total net assets | $10,800 | ||
Excess/Deficit for the year | $-115,608 | ||
Net assets or fund balances at beginning of year | $126,408 | ||
Other changes in net assets or fund balances | $0 | ||
Net assets or fund balances at end of year | $10,800 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $218,010 | $132,635 | $10,800 |
Total liabilities | $12,386 | $6,227 | $0 |
Net assets or fund balances | $10,800 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | ||
Were any significant changes made to the organizing or governing documents? | No | ||
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | 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 | ||
Amount of political expenditures, direct or indirect | $0 | ||
Did the organization file Form 1120-POL for this year? | 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 | ||
Total amount involved | $0 | ||
Initiation fees and capital contributions | $0 | ||
Gross receipts for public use of club facilities | $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 | ||
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 | $1,125,004 |
Subtotal Support | $2,109,537 |
Gifts, grants, contributions, and membership fees received | $2,109,537 |
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 | $984,533 |
Total Support | $2,189,071 |
Public Support | $2,109,537 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $24,794 |
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 | $54,740 |
Gross receipts from related activities, etc. | $893,745 |
Write your review! |
|
Recently Added Reviews |
Joseph Allan Offen Foundation Inc in Bethesda, MD |
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
|
Phoenix Wildlife Center Inc in Phoenix, MD
|
Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD |
Bright Eyes Sanctuary Inc in Hagerstown, MD
|
St Mary Episcopal Church in Woodlawn, MD
|
Turning Point Church in Rockville, MD |
Beaverbrook Community Association Inc in Columbia, MD
|
Skye Foundation Inc in Suitland, MD
|
Kidcare Fund Inc in Towson, MD
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | E-Collaborative For Civic Education | 7201 Wisconsin Ave Ste 320, Bethesda, MD 20814-4851 | MD | 2011-08 | $1,292,145 |
2 | American Friends Of Ngo Monitor Inc | 922 Rockborn Street, Gaithersburg, MD 20878 | MD | 2009-04 | $985,120 |
3 | World Organization For Resource Development And Education | 19650 Club House Rd, Montgomery Village, MD 20886-3039 | MD | 2002-10 | $619,806 |
4 | American Citizens Abroad Inc | 11140 Rockville Pike Suite 100-162, Rockville, MD 20852-3106 | MD | 2014-08 | $184,394 |
5 | New Story Leadership Inc | 2205 Washington Avenue No 102, Silver Spring, MD 20910-2614 | MD | 2010-08 | $175,104 |
6 | International Awareness Group Inc | 10317 Holly Hill Pl, Potomac, MD 20854-5027 | MD | 2007-02 | $10,011 |
7 | Mizo Chin Christian Fellowship | 6600 Springcrest Dr, Greenbelt, MD 20770-3061 | MD | 2014-03 | $7,287 |
8 | Gr8travel4teens | 6507 York Rd, Baltimore, MD 21212-2115 | MD | 2010-06 | $370 |
9 | The Peace Corps Fund | 1001 Spring St Apt 316, Silver Spring, MD 20910-4006 | MD | 2011-12 | $1 |
10 | American-Chinese Business Center | 417 Ritchie Pkwy, Rockville, MD 20852-1040 | MD | 2015-02 | $0 |
11 | Ancient Egyptian Arabic Order Nobles Mystic Shrine Of N & S Amer | 1226 Mcculloh Street, Baltimore, MD 21217 | MD | 2014-06 | $0 |
12 | Baltimore Marathi Mandal | 4523 Haywagon Way, Ellicott City, MD 21043 | MD | 2014-07 | $0 |
13 | Bauchi Circle International | 4705 Rocky Spring Ln, Bowie, MD 20715-1023 | MD | 2009-08 | $0 |
14 | Bogoso Area Township Association | 21234 Hickory Forest Way, Germantown, MD 20876 | MD | 2014-07 | $0 |
15 | Coaliton For Effective Local Democracy | Po Box 869, Mchenry, MD 21541 | MD | 2001-07 | $0 |
16 | Cultural And Diversity Enrichment Services Usa Inc | PO BOX 7491, Silver Spring, MD 20907-7491 | MD | 2010-03 | $0 |
17 | Dc International Business Center Inc | 1 Research Ct Ste 145, Rockville, MD 20850-3291 | MD | 2014-10 | $0 |
18 | Democratic Russia-Usa Foundation Inc | 6313 Young Buck Circle, Columbia, MD 21045 | MD | 2012-09 | $0 |
19 | Discover Seeds Of Hope Incorporated | 2903 Fallstaff Rd Apt 508, Baltimore, MD 21209 | MD | 2007-06 | $0 |
20 | Friends Of The Republic Of Cape Verde | 10401 Grosvenor Pl Apt 305, N Bethesda, MD 20852-4630 | MD | 2003-05 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 809 |
Organization representatives - add corrected or new information about Foundation For International Arts & Education Inc »
Non-representatives - add comments about Foundation For International Arts & Education Inc»