Chelsea Art Museum in New York, New York (NY)
Table of contents:
| Chelsea Art Museum | |
| Employer Identification Number (EIN) | 134080195 |
| Name of Organization | Chelsea Art Museum |
| In Care of Name | D Keeser |
| Address | PO BOX 20157, New York, NY 10011-0002 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 12/1999 |
| 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 |
| Tax Period | 12/2010 |
| Assets | $100,000 to $499,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $431,065 |
| Amount of Income | $757,885 |
| Form 990 Revenue Amount | $738,368 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Art Museums |
Non-representatives - add comments:
Amount of income in 2010: $757,885 (it was $1,166,817 in 2009)
| This organization: | $757,885 |
| Other organizations performing similar types of work: | $1,258,505 |
Assets in 2010: $431,065 (it was $442,794 in 2009)
| This organization: | $431,065 |
| Other organizations performing similar types of work: | $4,746,079 |
Expenses in 2010: $697,498
| Chelsea Art Museum: | $697,498 |
| Other organizations performing similar types of work: | $906,066 |
Income to expenses ratio in 2010: 1.1
| This organization: | 1.1 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2010: 49.9%
| This organization: | 49.9% |
| Other organizations performing similar types of work: | 64.8% |
Revenue for 2010
Functional expenses for 2010
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2010) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| 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 2010) | |
| Total revenue | $738,368 |
| Contributions, Gifts, Grants and Other Similar Amounts | $368,206 |
| Program Service Revenue | $338,145 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $0 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Gross income from fundraising events | $5,914 |
| Less: direct expenses | $5,914 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $32,017 |
| Gross sales of inventory, less returns and allowances | $45,620 |
| Less: cost of goods sold | $13,603 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2010) | |
| Total functional expenses | $697,498 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $135,594 |
| Payroll taxes | $15,788 |
| Professional fundraising services | $0 |
| Other | $546,116 |
| Balance Sheet (for 2010) | |
| Total assets | $431,065 |
| Total liabilities | $664,260 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $664,260 |
| Total net assets or fund balances | $-233,195 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2010) | |
| 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 2010) | |
| 2006 - 2010 Total | |
|---|---|
| Total support | $4,789,365 |
| Gifts, grants, contributions, and membership fees received | $2,504,631 |
| 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 | $2,265,332 |
| 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 | $0 |
| Other | $19,402 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
| Stein Senior Center Inc in New York, NY |
| The Bridge Inc in New York, NY |
|
Lucis Trust And Arcane School in New York, NY
|
Crawfish For Cancer Inc in New York, NY
 |
| National Council Of Ghanaian Association Inc in New York, NY |
|
Tay-Bandz Inc in New York, NY
|
| Polish American Immigration And Relief Committee Inc in New York, NY |
|
Stationary Engineers Fireman Mntnce & Bldg Srvc Union Loc 670 Wlfr Fnd in New York, NY
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Metropolitan Museum Of Art | 1000 Fifth Avenue, New York, NY 10028-0198 | NY | 1994-03 | $1,451,845,308 |
| 2 | Museum Of Modern Art | 11 W 53rd St, New York, NY 10019-5401 | NY | 1952-12 | $660,727,589 |
| 3 | Whitney Museum Of American Art | 99 Gansevoort St, New York, NY 10014-1404 | NY | 1936-06 | $202,723,000 |
| 4 | Solomon R Guggenheim Foundation | 1071 5th Ave, New York, NY 10128-0112 | NY | 1938-03 | $169,806,693 |
| 5 | Frick Collection | 1 E 70th St, New York, NY 10021-4981 | NY | 1939-10 | $80,573,743 |
| 6 | Buffalo Fine Arts Academy | 1285 Elmwood Ave, Buffalo, NY 14222-1003 | NY | 1940-12 | $54,859,446 |
| 7 | Brooklyn Institute Of Arts And Sciences, Brooklyn Museum | 200 Eastern Pkwy, Brooklyn, NY 11238-6052 | NY | 1935-06 | $54,324,789 |
| 8 | Museum Of Arts And Design | 40 W 53rd St, New York, NY 10019-6106 | NY | 1992-02 | $27,904,762 |
| 9 | International Center Of Photography | 1114 Avenue Of The Americas, New York, NY 10036-7703 | NY | 1974-11 | $26,889,774 |
| 10 | Queens Museum Of Art New York City Building, Flushing Meadows Corona Park | Flushing Meadows Corona Park, Queens, NY 11368 | NY | 1972-08 | $17,574,993 |
| 11 | The Columbus Museum Inc | 1251 Wynnton Rd, Columbus, GA 31906-2810 | GA | 1954-11 | $14,747,840 |
| 12 | Salvador Dali Museum Inc | 1 Dali Blvd, St Petersburg, FL 33701-3920 | FL | 1981-05 | $11,121,580 |
| 13 | Tampa Museum Of Art Inc | 120 W Gasparilla Plz, Tampa, FL 33602-1500 | FL | 1979-11 | $3,977,936 |
| 14 | Tucson Museum Of Art | 140 N Main Ave, Tucson, AZ 85701-8218 | AZ | 1956-02 | $3,890,252 |
| 15 | The Mobile Museum Of Art Inc | 4850 Museum Dr, Mobile, AL 36608-1917 | AL | 1996-02 | $3,749,971 |
| 16 | The American Visionary Art Museum Inc | 800 Key Hwy, Baltimore, MD 21230-3940 | MD | 1994-05 | $3,006,291 |
| 17 | Washington County Museum Of Fine Arts | PO BOX 423, Hagerstown, MD 21741-0423 | MD | 1947-07 | $2,359,715 |
| 18 | Storefront For Art And Architecture Inc | 97 Kenmare St, New York, NY 10012-4506 | NY | 1989-07 | $1,556,586 |
| 19 | Bundy Imaginarium Inc, The Bundy Museum Of History And Art | 127 Main Street, Binghamton, NY 13905 | NY | 2008-05 | $0 |
| 20 | Fine Arts Museum Of Long Island | 11 Harriet Ct, Sea Cliff, NY 11579-1418 | NY | 1978-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 368 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Chelsea Art Museum »
Non-representatives - add comments about Chelsea Art Museum»