Matrix Biology Institute in Fort Lee, New Jersey (NJ)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Matrix Biology Institute | |
| Employer Identification Number (EIN) | 223664789 |
| Name of Organization | Matrix Biology Institute |
| In Care of Name | Endre A Balazs Md |
| Address | 1040 Arcadian Way, Fort Lee, NJ 07024-6348 |
| Subsection | Scientific Organization, Educational Organization |
| Ruling Date | 11/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Organization terminating its private foundation status under section 507(b)(1)(B) of the Code |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $260,971 |
| Amount of Income | $1,143,195 |
| Form 990 Revenue Amount | $807,515 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts Service Organizations and Activities |
Non-representatives - add comments:
Amount of income in 2013: $1,143,195 (it was $987,149 in 2012)
| Matrix Biology Institute: | $1,143,195 |
| Other organizations performing similar types of work: | $60,352 |
Assets in 2013: $260,971 (it was $227,684 in 2012)
| This organization: | $260,971 |
| Other organizations performing similar types of work: | $33,855 |
Expenses in 2011: $1,173,144
| Matrix Biology Institute: | $1,173,144 |
| Other organizations performing similar types of work: | $58,375 |
Income to expenses ratio in 2011: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2011: 84.8%
| This organization: | 84.8% |
| Other organizations performing similar types of work: | 35.5% |
Revenue for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $807,515 | $26,717 | $96,048 | |
| Contributions, gifts, grants, etc., received | $685,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $250 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $95,798 | |||
| Gross sales less returns and allowances | $1,298 | |||
| Less: Cost of goods sold | $94,500 | |||
| Other income | $0 | |||
| Other | $26,467 | |||
| Total expenses and disbursements | $1,173,144 | $1,125 | $104,912 | $970,535 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,173,144 | $1,125 | $970,535 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-365,629 | |||
| Net investment income | $25,592 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $339,319 | $339,319 |
| Cash - non-interest-bearing | $54,128 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $285,191 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $339,319 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $26,467 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $512 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $11 |
| Tax due | $523 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $192,020 |
| Net value of noncharitable-use assets | $189,140 |
| Minimum investment return | $9,457 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Roswell Artist In Residents Foundation | 409 E College Blvd, Roswell, NM 88201-7524 | NM | 2003-07 | $8,464,766 |
| 2 | Matrix Biology Institute | 1040 Arcadian Way, Fort Lee, NJ 07024-6348 | NJ | 1999-11 | $1,143,195 |
| 3 | American Friends Of The National Arts Collection Fund | Sullivan Cromwell Llp 125 Broad Street, New York, NY 10004 | NY | 2007-10 | $885,216 |
| 4 | The Film Collaborative Inc | 3405 Cazador St, Los Angeles, CA 90065-3403 | CA | 2011-01 | $636,319 |
| 5 | Interurban Arthouse | 8321 Maple Ln, Overland Park, KS 66207-1660 | KS | 2012-06 | $413,603 |
| 6 | Friends Of The Wright Opera House Inc | PO BOX 17, Ouray, CO 81427-0017 | CO | 2009-05 | $396,574 |
| 7 | Zygote Press Inc | 1410 E 30th St, Cleveland, OH 44114-4002 | OH | 2001-07 | $315,037 |
| 8 | Ten Thousand Villages Of Tallahassee Inc | 7023 Dardwood Ln, Tallahassee, FL 32312-3511 | FL | 2005-05 | $223,761 |
| 9 | Playa | 47531 Hwy 31, Summer Lake, OR 97640 | OR | 2002-09 | $214,349 |
| 10 | Jumpstart Fund Inc | 4 Wren Court, Morristown, NJ 07960 | NJ | 2001-02 | $145,394 |
| 11 | James Adrian Music Company Inc | 84 Highgate Terrace, Bergenfield, NJ 07621 | NJ | 2000-08 | $59,689 |
| 12 | Friends Of The Medford Cultural Arts Commission | 12 Maine Trail, Medford, NJ 08055 | NJ | 1999-09 | $51,078 |
| 13 | Art To Thank Inc | 797 Anderson Ave, Cliffside Park, NJ 07010 | NJ | 2014-08 | $0 |
| 14 | Artists For Change | 112 Asbury Ave, Ocean Grove, NJ 07756-1402 | NJ | 2015-01 | $0 |
| 15 | Avalon Performing Arts Council | Po Box 72, Avalon, NJ 08202 | NJ | 2000-09 | $0 |
| 16 | Madison Arts And Culture Alliance | Po Box 1295, Madison, NJ 07940 | NJ | 2006-09 | $0 |
| 17 | My Recovery Buddy | 2 Cobblestone Crossing, Norwood, NJ 07648 | NJ | 2014-11 | $0 |
| 18 | Salem County Arts Alliance Inc | 307 South River Walk, Penns Grove, NJ 08069 | NJ | 2012-10 | $0 |
| 19 | Teaneck Camera Club | 47 Brandt Street, Little Ferry, NJ 07643 | NJ | 2014-07 | $0 |
| 20 | Digital Stone Project | Po Box 1960, Trenton, NJ 08608 | NJ | 2004-05 | $-15,095 |
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