Music House in Acme, Michigan (MI)
Table of contents:
| Music House | |
| Employer Identification Number (EIN) | 382709408 |
| Name of Organization | Music House |
| Address | PO BOX 297, Acme, MI 49610-0297 |
| Activities | Museum, zoo, planetarium, etc. |
| Subsection | Educational Organization |
| Ruling Date | 06/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $1,552,985 |
| Amount of Income | $272,513 |
| Form 990 Revenue Amount | $209,148 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Museum, Museum Activities |
Non-representatives - add comments:
Amount of income in 2012: $272,513 (it was $223,002 in 2011)
| Music House: | $272,513 |
| Other organizations performing similar types of work: | $433,282 |
Assets in 2012: $1,552,985 (it was $1,498,481 in 2011)
| This organization: | $1,552,985 |
| Other organizations performing similar types of work: | $1,224,023 |
Expenses in 2012: $195,030
| Music House: | $195,030 |
| Other organizations performing similar types of work: | $338,913 |
Income to expenses ratio in 2012: 1.4
| This organization: | 1.4 |
| Other organizations performing similar types of work: | 1.5 |
Number of employees in 2012: 9
| This organization: | 9 |
| Other organizations performing similar types of work: | 9 |
Grants share in income in 2012: 40.7%
| Music House: | 40.7% |
| Other organizations performing similar types of work: | 70.6% |
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? | Yes |
| 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 | $209,148 |
| Contributions, Gifts, Grants and Other Similar Amounts | $85,105 |
| Program Service Revenue | $58,851 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $12,623 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $18,809 |
| Gross rents (Real / Personal) | $20,265 / $0 |
| Less: rental expenses (Real / Personal) | $1,456 / $0 |
| Rental income or (loss) (Real / Personal) | $18,809 / $0 |
| Net loss from sales of assets other than inventory | $-1,607 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $33,101 / $0 |
| Less: cost or other basis and sales expenses (Securities / Other) | $34,708 / $0 |
| Gain or (loss) (Securities / Other) | $-1,607 / $0 |
| Net income from fundraising events | $3,175 |
| Gross income from fundraising events | $12,068 |
| Less: direct expenses | $8,893 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $15,463 |
| Gross sales of inventory, less returns and allowances | $33,771 |
| Less: cost of goods sold | $18,308 |
| Miscellaneous Revenue | $16,729 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $195,030 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $53,517 |
| Payroll taxes | $9,758 |
| Professional fundraising services | $0 |
| Other | $131,755 |
| Balance Sheet (for 2012) | |
| Total assets | $1,552,985 |
| Total liabilities | $401,055 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $390,889 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $10,166 |
| Total net assets or fund balances | $1,151,930 |
| 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: (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 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $863,536 |
| Gifts, grants, contributions, and membership fees received | $245,921 |
| 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 | $482,153 |
| 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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $68,176 |
| Other | $67,286 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $13,670 | $3,707 | $9,963 |
| Gross receipts or sales less returns and allowances | $1,836 | $0 | $0 |
| Cost of goods sold | $884 | $0 | $0 |
| Gross profit | $952 | $0 | $952 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $12,718 | $3,707 | $9,011 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $3,236 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $1,449 |
| Repairs and maintenance | $128 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $251 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $1,388 |
| Unrelated business taxable income | $121 |
| Unrelated business taxable income before net operating loss deduction | $6,727 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $6,727 |
| Specific deduction | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Smith Museum Of Stained Glass Windows And American Art | 20 N Wacker Drive, Chicago, IL 60606-2806 | IL | 1994-05 | $838,665 |
| 2 | Port Huron Museum Of Arts & History | 1115 6th St, Port Huron, MI 48060-5346 | MI | 1967-12 | $727,265 |
| 3 | Witte Museum | 3801 Broadway St, San Antonio, TX 78209-6309 | TX | 1932-11 | $20,214,005 |
| 4 | Studio Museum In Harlem Inc | 144 W 125th Street, New York, NY 10027-4423 | NY | 1967-11 | $11,364,824 |
| 5 | Southwest Dairy Museum Inc | 1210 Houston St, Sulphur Spgs, TX 75482-2310 | TX | 1983-11 | $8,689,664 |
| 6 | Uss Constitution Museum Inc | PO BOX 291812, Charlestown, MA 02129-0215 | MA | 1973-01 | $8,440,275 |
| 7 | Museum Of African American History | 315 E Warren Ave, Detroit, MI 48201-1443 | MI | 1966-12 | $5,901,267 |
| 8 | Yankee Air Force Incorporated | PO BOX 590, Belleville, MI 48112-0590 | MI | 1982-02 | $4,557,797 |
| 9 | Classic Car Club Of America Museum Inc | PO BOX 2113, Dearborn, MI 48123-2113 | MI | 1982-12 | $3,214,063 |
| 10 | Michigan Maritime Museum Inc | 260 Dyckman Ave, South Haven, MI 49090-1065 | MI | 1983-12 | $620,013 |
| 11 | Silver Beach Carousel Society Inc | PO BOX 497, St Joseph, MI 49085-0497 | MI | 2000-02 | $476,783 |
| 12 | History Center Of Traverse City | 322 Sixth St, Traverse City, MI 49684-2414 | MI | 1987-07 | $343,560 |
| 13 | Us National Ski Hall Of Fame And Museum Inc | PO BOX 191, Ishpeming, MI 49849-0191 | MI | 1985-03 | $339,307 |
| 14 | Motorsports Museum & Hall Of Fame Of America Foundation Inc | PO BOX 194, Novi, MI 48376-0194 | MI | 1988-08 | $305,850 |
| 15 | Music House | PO BOX 297, Acme, MI 49610-0297 | MI | 1987-06 | $272,513 |
| 16 | Michigan Sports Hall Of Fame Inc | PO BOX 1073, Farmington, MI 48332-1073 | MI | 1926-01 | $193,768 |
| 17 | National Polish American Sports Hall Of Fame | 408 E 14 Mile Rd, Madison Hts, MI 48071-1404 | MI | 1976-04 | $170,720 |
| 18 | Michigan Flywheelers Museum | 64958 M43 Highway, South Haven, MI 49090 | MI | 1996-04 | $155,264 |
| 19 | Sault Ste Marie Foundation For Culture And History | PO BOX 627, Sault S Marie, MI 49783-0627 | MI | 1990-10 | $106,387 |
| 20 | Ukrainian American Archives & Museum Inc | 11756 Charest St, Hamtramck, MI 48212-3059 | MI | 1967-08 | $76,434 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 651 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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