Photoworks Inc in Glen Echo, Maryland (MD)
Table of contents:
| Photoworks Inc | |
| Employer Identification Number (EIN) | 651178064 |
| Name of Organization | Photoworks Inc |
| In Care of Name | Karen L Keating |
| Address | 7300 Macarthur Blvd, Glen Echo, MD 20812-1200 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 08/2003 |
| 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 | $106,481 |
| Amount of Income | $129,349 |
| Form 990 Revenue Amount | $123,166 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Visual Arts Organizations |
Non-representatives - add comments:
Amount of income in 2013: $129,349 (it was $157,135 in 2012)
| This organization: | $129,349 |
| Other organizations performing similar types of work: | $50,352 |
Assets in 2013: $106,481 (it was $116,468 in 2012)
| This organization: | $106,481 |
| Other organizations performing similar types of work: | $28,414 |
Expenses in 2013: $136,758
| This organization: | $136,758 |
| Other organizations performing similar types of work: | $39,961 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2013: 6.9%
| This organization: | 6.9% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $139,416 | $151,746 | $123,166 |
| Contributions, gifts, grants, and similar amounts received | $2,717 | $13,557 | $8,464 |
| Program service revenue including government fees and contracts | $137,084 | $129,782 | $116,487 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $214 | $155 | $5 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $113 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $113 |
| Less: cost or other basis and sales expenses | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $11,372 | $-325 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $12,641 | $75 |
| Less: direct expenses from gaming and fundraising events | $0 | $1,269 | $400 |
| Gross profit/loss from sales of inventory | $-599 | $-3,120 | $-1,578 |
| Gross sales of inventory, less returns and allowances | $1,199 | $1,000 | $4,205 |
| Less: cost of goods sold | $1,798 | $4,120 | $5,783 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $150,249 | $146,424 | $136,758 |
| Total net assets | $109,278 | $116,429 | $106,398 |
| Excess/Deficit for the year | $-10,833 | $5,322 | $-13,592 |
| Net assets or fund balances at beginning of year | $121,453 | $109,278 | $116,429 |
| Other changes in net assets or fund balances | $-1,342 | $1,829 | $3,561 |
| Net assets or fund balances at end of year | $116,429 | $106,398 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $109,308 | $116,468 | $106,481 |
| Total liabilities | $30 | $39 | $83 |
| Net assets or fund balances | $109,278 | $116,429 | $106,398 |
| 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 | $692,750 |
| Subtotal | $692,750 |
| Gifts, grants, contributions, and membership fees received | $44,243 |
| 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 | $648,507 |
| 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 | $697,214 |
| Public support | $692,750 |
| Subtotal | $4,464 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $4,464 |
| 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 | Visionworkshops Inc | 312 Quarter Creek Dr, Queenstown, MD 21658-1268 | MD | 2001-07 | $215,216 |
| 2 | Sarah Malawista Memorial Fund | 9421 Thrush Ln, Potomac, MD 20854-3991 | MD | 2007-08 | $113,914 |
| 3 | Manneqart Inc | 9010 Maier Road Unit 104, Laurel, MD 20723 | MD | 2013-02 | $65,154 |
| 4 | Talbot County Visual Arts Center Inc | PO BOX 3214 10 S HANSON STREET, Easton, MD 21601 | MD | 2006-03 | $13,092 |
| 5 | Russian Art Project Ltd, Rap | P O Box 353, Washington Grove, MD 20880 | MD | 2007-03 | $3,001 |
| 6 | Apatchworks Inc | 12116 Kerwood Rd, Silver Spring, MD 20904-2816 | MD | 2014-08 | $0 |
| 7 | Baltimore Broadcloth Corporation | 3220 N Guilford Ave Ste 3, Baltimore, MD 21218-3328 | MD | 2006-04 | $0 |
| 8 | Greenbelt Association For The Visual Arts Inc | 121 Lastner Ln, Greenbelt, MD 20770 | MD | 1998-02 | $0 |
| 9 | Hot Glass Center | 6800 Eastern Ave, Baltimore, MD 21224-3001 | MD | 2007-09 | $0 |
| 10 | Ja Art Work Ltd | 4640 York Rd, Baltimore, MD 21212-4726 | MD | 2002-09 | $0 |
| 11 | Modern Quilt Guild Inc | 10400 Shaker Drive Unit 442, Simpsonville, MD 21150 | MD | 2014-08 | $0 |
| 12 | One Stage Production | 704 Kaplan Ct, Landover, MD 20785-4625 | MD | 2002-09 | $0 |
| 13 | Port Deposit Arts Council Inc | P O Box 144, Port Deposit, MD 21904 | MD | 1997-03 | $0 |
| 14 | Potters Guild Of Frederick Inc | 14 S Market St, Frederick, MD 21701 | MD | 2011-01 | $0 |
| 15 | Section 1 Inc | 124 B Station North Mews, Baltimore, MD 21202 | MD | 2014-11 | $0 |
| 16 | Stand For Art Foundation | 7320 Piney Branch Rd, Takoma Park, MD 20912 | MD | 2010-06 | $0 |
| 17 | The Ma And Pa Heritage Trail Inc | 702 North Tollgate Road, Bel Air, MD 21014 | MD | 1995-03 | $0 |
| 18 | Tradeart Inc | 5420 Catfish Pl, Waldorf, MD 20603-4378 | MD | 2000-02 | $0 |
| 19 | Washington Print Foundation | 8230 Georgia Avenue, Silver Spring, MD 20910 | MD | 2005-08 | $0 |
| 20 | Youth Connection Inc | 2323 N Calvert St, Baltimore, MD 21218-5202 | MD | 2014-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,528 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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