Music From Salem Inc in Cambridge, New York (NY)
Table of contents:
| Music From Salem Inc | |
| Employer Identification Number (EIN) | 141709747 |
| Name of Organization | Music From Salem Inc |
| Address | 25 E Main St, Cambridge, NY 12816-1219 |
| Activities | Other cultural or historical activities |
| Subsection | Educational Organization |
| Ruling Date | 09/1992 |
| 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 | 09/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $43,000 |
| Amount of Income | $51,224 |
| Form 990 Revenue Amount | $48,864 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Performing Arts Organizations |
Non-representatives - add comments:
Amount of income in 2014: $51,224 (it was $53,666 in 2013)
| Music From Salem Inc: | $51,224 |
| Other organizations performing similar types of work: | $64,038 |
Assets in 2014: $43,000 (it was $49,274 in 2013)
| This organization: | $43,000 |
| Other organizations performing similar types of work: | $38,839 |
Expenses in 2013: $54,845
| Music From Salem Inc: | $54,845 |
| Other organizations performing similar types of work: | $76,494 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 46.2%
| This organization: | 46.2% |
| Other organizations performing similar types of work: | 46.2% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $42,513 | $53,205 | $53,666 |
| Contributions, gifts, grants, and similar amounts received | $21,147 | $24,449 | $24,806 |
| Program service revenue including government fees and contracts | $13,016 | $20,766 | $18,719 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $631 | $280 | $68 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $6,555 | $6,970 | $9,508 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $8,170 | $8,185 | $12,840 |
| Less: direct expenses from gaming and fundraising events | $1,615 | $1,215 | $3,322 |
| Gross profit/loss from sales of inventory | $1,164 | $740 | $565 |
| Gross sales of inventory, less returns and allowances | $1,564 | $990 | $815 |
| Less: cost of goods sold | $400 | $250 | $250 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $47,007 | $50,059 | $54,845 |
| Total net assets | $47,407 | $50,553 | $49,374 |
| Excess/Deficit for the year | $-4,494 | $3,146 | $-1,179 |
| Net assets or fund balances at beginning of year | $53,795 | $47,407 | $50,553 |
| Other changes in net assets or fund balances | $-1,894 | $0 | $0 |
| Net assets or fund balances at end of year | $50,553 | $49,374 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $47,407 | $50,553 | $49,274 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $47,407 | $50,553 | $49,374 |
| 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? | No | No | |
| Total amount involved | $0 | $0 | |
| 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 | $209,444 |
| Subtotal | $209,444 |
| Gifts, grants, contributions, and membership fees received | $159,347 |
| 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 | $50,091 |
| 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 | $211,649 |
| Public support | $209,438 |
| Subtotal | $2,211 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $2,211 |
| 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 | Young Audiences Inc | 200 Madison Avenue No 200, New York, NY 10016-3903 | NY | 1953-08 | $3,678,121 |
| 2 | Broyhill Chamber Ensemble Inc | 10 Waterside Plaza 21d, New York, NY 10010 | NY | 1997-04 | $195,142 |
| 3 | Venezuelan Center Inc | 7 E 51st St, New York, NY 10022-5903 | NY | 1993-11 | $101,778 |
| 4 | Washington Heights Arts Center Inc | 4049 Broadway Ste 206, New York, NY 10032 | NY | 1998-08 | $99,008 |
| 5 | Shandalee Music Festival | 36 E 74th St, New York, NY 10021-2735 | NY | 1994-01 | $93,826 |
| 6 | Women In Jazz | 240 West 96th Street 6e, New York, NY 10025 | NY | 1993-03 | $22,937 |
| 7 | American Festival Of Microtonal Music Inc, Pitch Cds | 318 East 70th Street 5fw, New York, NY 10021 | NY | 1990-02 | $9,372 |
| 8 | Sharon Springs Citizens Council Of The Arts Inc | PO BOX 197, Sharon Springs, NY 13459 | NY | 1995-06 | $5,938 |
| 9 | Victor Herbert Festival Foundation Tr Uta 022595, Gould Neil H & R J Miller Jr Ttee | 71 Ferris Ln, Poughkeepsie, NY 12601-5111 | NY | 1997-03 | $1,000 |
| 10 | American Artists Relief Organization Network Inc | 159-00 Riverside Dr W Ste 2h-70, New York, NY 10032-1012 | NY | 1998-08 | $0 |
| 11 | American Friends Od Gate Theatre Dublin Inc | 425 Park Avenue Ste 2600, New York, NY 10022-3506 | NY | 1997-04 | $0 |
| 12 | American Italian Cultural Roundtable Inc | 77 Fulton Street, New York, NY 10038 | NY | 1995-05 | $0 |
| 13 | Amsterdam Area Community Concerts Inc | 168 Locust Ave, Amsterdam, NY 12010-2627 | NY | 1995-09 | $0 |
| 14 | Andy Kirk Research Foundation Inc | 137-16 170th Street, Jamaica, NY 11434-4504 | NY | 1992-12 | $0 |
| 15 | Artake Inc | 175 9th Ave, New York, NY 10011-4924 | NY | 1992-07 | $0 |
| 16 | Bethanys Children Foundation Inc | 40 W Valley Rd Apt 8, Lake Placid, NY 12946 | NY | 1998-11 | $0 |
| 17 | Bethune Big Band Inc | 2333 Fifth Avenue Apt 5ff, New York, NY 10037 | NY | 1993-07 | $0 |
| 18 | Catskills Institute For Development Of Entertainment Arts Inc, Idea | PO BOX 605, Monticello, NY 12701-0605 | NY | 1995-01 | $0 |
| 19 | Center For Latin American Arts Of New York Inc, Celaa | 360 W 56th St 7d, New York, NY 10019-4223 | NY | 1995-02 | $0 |
| 20 | Consort Musick Inc | Po Box 1913, New York, NY 10159 | NY | 1992-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 591 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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