Foothills Arts Council Inc in Elkin, North Carolina (NC)
Table of contents:
| Foothills Arts Council Inc | |
| Employer Identification Number (EIN) | 561186347 |
| Name of Organization | Foothills Arts Council Inc |
| Address | PO BOX 24, Elkin, NC 28621-0024 |
| Activities | Art exhibit, Other cultural or historical activities |
| Subsection | Educational Organization |
| Ruling Date | 07/1978 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $246,834 |
| Amount of Income | $116,919 |
| Form 990 Revenue Amount | $95,720 |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $63,283 | $76,426 | $64,152 | $95,720 |
| Contributions, gifts, grants, and similar amounts received | $37,559 | $37,081 | $12,441 | $18,778 |
| Program service revenue including government fees and contracts | $20,118 | $25,015 | $32,565 | $44,489 |
| Membership dues and assessments | $0 | $12,865 | $17,635 | $19,430 |
| Investment income | $2,860 | $774 | $397 | $1,074 |
| Gain/Loss from sale of assets other than inventory | $-261 | $-979 | $55 | $9,784 |
| Gross amount from sale of assets other than inventory | $2,361 | $9,086 | $55 | $30,983 |
| Less: cost or other basis and sales expenses | $2,622 | $10,065 | $0 | $21,199 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $3,007 | $1,670 | $1,059 | $2,165 |
| Total expenses | $65,301 | $86,988 | $62,619 | $77,838 |
| Total net assets | $233,635 | $224,101 | $226,113 | $245,070 |
| Excess/Deficit for the year | $-2,018 | $-10,562 | $1,533 | $17,882 |
| Net assets or fund balances at beginning of year | $228,184 | $233,635 | $224,101 | $226,113 |
| Other changes in net assets or fund balances | $7,469 | $1,028 | $479 | $1,075 |
| Net assets or fund balances at end of year | $226,113 | $245,070 | ||
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $235,701 | $226,017 | $228,488 | $246,834 |
| Total liabilities | $2,066 | $1,916 | $2,375 | $1,764 |
| Net assets or fund balances | $233,635 | $224,101 | $226,113 | $245,070 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 2014) | |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $346,439 |
| Subtotal | $346,439 |
| Gifts, grants, contributions, and membership fees received | $196,257 |
| 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 | $150,182 |
| 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 | $359,321 |
| Public support | $346,439 |
| Subtotal | $12,882 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $12,882 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Centers For Spiritual Living, Csl Asheville in Asheville, NC
 |
| Kyle Busch Foundation in Mooresville, NC |
|
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
| Colonial Capital Humane Society in New Bern, NC |
|
Living Church Of God International Inc in Charlotte, NC
|
Greensboro Cheetahs in Greensboro, NC
 |
|
Life Changing International Church Inc in High Point, NC
|
| Mission Servants Ministries in Charlotte, NC |
|
Bikers For Christ Sandhills Chapter in Dunn, NC
|
|
Harrisburg Cruisers in Harrisburg, NC
|
| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Folk Round & Square Dance Federation Of North Carolina | 704 Gatewood Ave, High Point, NC 27262-4724 | NC | 1979-10 | $57,096 |
| 2 | Follow The Child Montessori School Inc | 1215 Ridge Rd, Raleigh, NC 27607-6834 | NC | 2001-06 | $1,458,783 |
| 3 | Food Assistance Inc | 102 Kirk Rd, Greensboro, NC 27455-1715 | NC | 2003-07 | $170,401 |
| 4 | Food Bank Of The Albemarle | PO BOX 1704, Elizabeth Cty, NC 27906-1704 | NC | 1985-12 | $8,557,981 |
| 5 | Food For Friends | PO BOX 792, Mooresville, NC 28115-0792 | NC | 2005-10 | $38,134 |
| 6 | Food For Thought Inc | 129 Tall Pine Ln, Southrn Shore, NC 27949-3130 | NC | 2006-11 | $119,448 |
| 7 | Food Industries Suppliers Association | 1207 Sunset Dr, Greensboro, NC 27408-7215 | NC | 1969-03 | $379,853 |
| 8 | Food Lion Charitable Foundation Inc | 2110 Executive Dr, Salisbury, NC 28147-9007 | NC | 2002-01 | $979,797 |
| 9 | Food Runners Collaborative Inc | PO BOX 12501, Raleigh, NC 27605-2501 | NC | 1999-12 | $1,782,654 |
| 10 | Foothills Antique Power Association | 5852 St Peters Church Rd, Conover, NC 28613-8751 | NC | 2006-06 | $58,328 |
| 11 | Foothills Arts Council Inc | PO BOX 24, Elkin, NC 28621-0024 | NC | 1978-07 | $116,919 |
| 12 | Foothills Chamber Music Festival | 3038 Cambridge Rd, Winston Salem, NC 27104-4002 | NC | 1997-08 | $0 |
| 13 | Foothills Chapter Of Apics Inc Society, Apics Foothills Chapter #254 | 5457 Gunpowder Dr, Hickory, NC 28601 | NC | 1983-06 | $0 |
| 14 | Foothills Christian College & Seminary Inc | 400 Winston St, Wilkesboro, NC 28697-2516 | NC | 2007-10 | $215,522 |
| 15 | Foothills Connect Business And Technology Inc | PO BOX 37, Spindale, NC 28160-0037 | NC | 2006-06 | $195,712 |
| 16 | Foothills Conservancy Of North Carolina Inc | PO BOX 3023, Morganton, NC 28680-3023 | NC | 1996-03 | $1,947,897 |
| 17 | Foothills Credit Union | 1022 11th Avenue Blvd Se, Hickory, NC 28602-4349 | NC | 1969-08 | $751,415 |
| 18 | Foothills Equestrian Trails Association | Po Box 1453, Columbus, NC 28722 | NC | 2002-12 | $54,761 |
| 19 | Foothills Food Pantry | PO BOX 1065, Dobson, NC 27017-1065 | NC | 1997-10 | $450,514 |
| 20 | Foothills House Of Hope Ministries Inc, Mission Charter | PO BOX 11292, Hickory, NC 28603-6402 | NC | 1991-07 | $132,870 |
Organization representatives - add corrected or new information about Foothills Arts Council Inc »
Non-representatives - add comments about Foothills Arts Council Inc»