Music Associates Of New York Ltd, N Y Virtuosi in Bay Terrace, New York (NY)
Table of contents:
| Music Associates Of New York Ltd, N Y Virtuosi | |
| Employer Identification Number (EIN) | 133128876 |
| Name of Organization | Music Associates Of New York Ltd |
| Secondary Name | N Y Virtuosi |
| In Care of Name | Milligan Muller Cpas |
| Address | PO BOX 604565, Bay Terrace, NY 11360-4565 |
| Activities | Cultural performances |
| Subsection | Charitable Organization |
| Ruling Date | 10/1982 |
| 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 | 08/2013 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $7,017 |
| Amount of Income | $2,806 |
| Form 990 Revenue Amount | $2,806 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Music |
Non-representatives - add comments:
Amount of income in 2013: $2,806 (it was $24,983 in 2012)
| Music Associates Of New York Ltd, N Y Virtuosi: | $2,806 |
| Other organizations performing similar types of work: | $113,981 |
Assets in 2013: $7,017 (it was $18,690 in 2012)
| This organization: | $7,017 |
| Other organizations performing similar types of work: | $85,716 |
Expenses in 2013: $14,093
| Music Associates Of New York Ltd, N Y Virtuosi: | $14,093 |
| Other organizations performing similar types of work: | $100,385 |
Income to expenses ratio in 2013: 0.2
| This organization: | 0.2 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 99.8%
| Music Associates Of New York Ltd, N Y Virtuosi: | 99.8% |
| Other organizations performing similar types of work: | 36.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $40,127 | $24,983 | $2,806 |
| Contributions, gifts, grants, and similar amounts received | $40,100 | $24,970 | $2,800 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $27 | $13 | $6 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $36,904 | $36,014 | $14,093 |
| Total net assets | $3,781 | $-7,250 | $-18,537 |
| Excess/Deficit for the year | $3,223 | $-11,031 | $-11,287 |
| Net assets or fund balances at beginning of year | $558 | $3,781 | $-7,250 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $-7,250 | $-18,537 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $29,839 | $18,690 | $7,017 |
| Total liabilities | $26,058 | $25,940 | $25,554 |
| Net assets or fund balances | $3,781 | $-7,250 | $-18,537 |
| 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? | Yes | Yes | |
| Total amount involved | $25,537 | $25,537 | |
| 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 | $35,994 |
| Subtotal | $128,794 |
| Gifts, grants, contributions, and membership fees received | $128,794 |
| 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 | $0 |
| 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 | $92,800 |
| Amounts received from disqualified persons | $92,800 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $128,966 |
| Public support | $128,794 |
| Subtotal | $172 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $172 |
| 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 | World Hunger Year Inc | 505 Eighth Avenue 21st Floor, New York, NY 10018-6505 | NY | 1975-06 | $2,807,546 |
| 2 | Songwriters Hall Of Fame Inc | 675 3rd Avenue, New York, NY 10017-5704 | NY | 1972-12 | $1,323,798 |
| 3 | Troy Chromatic Concerts Inc | PO BOX 1574, Troy, NY 12181-1574 | NY | 1943-07 | $119,782 |
| 4 | Western New York Chamber Orchestra Inc | 2162 New Mason Hall Suny Fredonia, Fredonia, NY 14063 | NY | 1989-01 | $87,107 |
| 5 | Yvar Mikhashoff Trust For Music, Williams Jan Ttee | 152 Russell St, Buffalo, NY 14214-1913 | NY | 1995-02 | $79,310 |
| 6 | Washington Square Association Music Fund | PO BOX 1066, New York, NY 10014-0706 | NY | 1959-11 | $70,525 |
| 7 | Staten Island Chamber Music Players Inc | 27 Storer Ave, Staten Island, NY 10309-1420 | NY | 1975-09 | $60,888 |
| 8 | Something Special Big Band | 7 Opal Drive, Plainview, NY 11803 | NY | 1995-02 | $37,000 |
| 9 | South Glens Falls Hockey Association Inc | PO BOX 1483, South Glens Falls, NY 12803 | NY | 1988-04 | $21,885 |
| 10 | Mount Kisco Concert Association Inc | Pob 198, Mount Kisco, NY 10549 | NY | 1992-10 | $16,120 |
| 11 | Cantilena Chamber Players | 251 Central Park West 2d, New York, NY 10024-4132 | NY | 1976-04 | $0 |
| 12 | Chamber Music International Inc | 850 Seventh Ave Ste Pha, New York, NY 10019-5230 | NY | 1994-10 | $0 |
| 13 | Corporation For Musical Development | 84 29 63rd Rd Apt 2, Middle Village, NY 11379-1947 | NY | 1995-08 | $0 |
| 14 | Friends & Enemies Of New Music | 255 West 108 Street 2d1, New York, NY 10025 | NY | 1991-07 | $0 |
| 15 | Harry Chapin 87 Tribute Inc | 16 Gerard Street, Huntington, NY 11743 | NY | 1989-10 | $0 |
| 16 | Hillman Memorial Music Association Inc | State University College Fredonia, Fredonia, NY 14063 | NY | 1967-02 | $0 |
| 17 | Hudson Highlands Music Festival Inc | PO BOX 164, Garrison, NY 10524-0164 | NY | 1995-11 | $0 |
| 18 | International Art Of Jazz Inc | 5 Saywood Ln, Stonybrook, NY 11790-3103 | NY | 1970-03 | $0 |
| 19 | International Council For Music Incorporated | 311 Willowbrook Rd, Staten Island, NY 10314 | NY | 1992-02 | $0 |
| 20 | Laurie De Vito And Dancers Inc | 144 Seeley Street, Brooklyn, NY 11218-1116 | NY | 1987-03 | $0 |
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| Total | 522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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