Olean Theatre Workshop Inc in Olean, New York (NY)
Table of contents:
| Olean Theatre Workshop Inc | |
| Employer Identification Number (EIN) | 161352918 |
| Name of Organization | Olean Theatre Workshop Inc |
| In Care of Name | Nick Patrone |
| Address | 702 Washington St, Olean, NY 14760-2316 |
| Activities | Cultural performances |
| Subsection | Charitable Organization |
| Ruling Date | 10/1990 |
| 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 | 08/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $73,612 |
| Amount of Income | $34,423 |
| Form 990 Revenue Amount | $34,423 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Theater |
Non-representatives - add comments:
Amount of income in 2014: $34,423 (it was $59,756 in 2013)
| This organization: | $34,423 |
| Other organizations performing similar types of work: | $152,552 |
Assets in 2014: $73,612 (it was $82,505 in 2013)
| Olean Theatre Workshop Inc: | $73,612 |
| Other organizations performing similar types of work: | $147,528 |
Expenses in 2014: $43,316
| This organization: | $43,316 |
| Other organizations performing similar types of work: | $149,497 |
Income to expenses ratio in 2014: 0.8
| Olean Theatre Workshop Inc: | 0.8 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 8.8%
| Olean Theatre Workshop Inc: | 8.8% |
| Other organizations performing similar types of work: | 39.0% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $49,377 | $42,025 | $59,756 | $34,423 |
| Contributions, gifts, grants, and similar amounts received | $12,849 | $5,916 | $10,139 | $3,028 |
| Program service revenue including government fees and contracts | $36,528 | $36,066 | $49,617 | $31,395 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $43 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| 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 | $0 | $0 | $0 | $0 |
| Total expenses | $51,293 | $43,046 | $41,529 | $43,316 |
| Total net assets | $65,299 | $64,278 | $82,505 | $73,612 |
| Excess/Deficit for the year | $-1,916 | $-1,021 | $18,227 | $-8,893 |
| Net assets or fund balances at beginning of year | $67,215 | $65,299 | $64,278 | $82,505 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $64,278 | $82,505 | $73,612 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $65,299 | $64,278 | $82,505 | $73,612 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $65,299 | $64,278 | $82,505 | $73,612 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | 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 | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | 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 | $201,163 |
| Subtotal | $201,163 |
| Gifts, grants, contributions, and membership fees received | $36,922 |
| 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 | $164,241 |
| 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 | $201,163 |
| Public support | $201,163 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 | Theatre For A New Audience Inc | 154 Christopher St, New York, NY 10014-2840 | NY | 1981-12 | $18,773,166 |
| 2 | Signature Theatre Company | 480 W 42nd St, New York, NY 10036-6805 | NY | 1994-01 | $14,018,747 |
| 3 | Second Stage Theatre | 305 W 43rd St, New York, NY 10036-6406 | NY | 1980-05 | $8,916,228 |
| 4 | Theatreworks Usa Corporation | 151 W 26th St Fl 7, New York, NY 10001-6810 | NY | 1967-08 | $8,019,651 |
| 5 | S U Theatre Corporation | 820 E Genesee St, Syracuse, NY 13210-1508 | NY | 1965-08 | $4,844,060 |
| 6 | Studio Theatre School Corporation | 710 Main St, Buffalo, NY 14202-1915 | NY | 1944-08 | $4,573,154 |
| 7 | Storyville Center For The Spoken Word Inc | 481 Broadway Apt 3, New York, NY 10013-2662 | NY | 1997-07 | $3,550,168 |
| 8 | The Flea Theater Inc | 41 White St, New York, NY 10013-3549 | NY | 2000-12 | $3,488,247 |
| 9 | Vineyard Theatre And Workshop Center Inc | 108 E 15th St, New York, NY 10003-2102 | NY | 1981-01 | $2,193,534 |
| 10 | Westbeth Theatre Center Inc | 174 5th Ave Ste 601, New York, NY 10010-5991 | NY | 1977-09 | $2,016,441 |
| 11 | Saratoga International Theater Institute Inc | 520 8th Ave Lbby 3, New York, NY 10018-6876 | NY | 1993-09 | $1,544,582 |
| 12 | Wooster Group Inc | PO BOX 654, New York, NY 10013-0654 | NY | 1969-05 | $1,422,732 |
| 13 | Tectonic Theater Project Inc | 520 8th Avenue, New York, NY 10018-6507 | NY | 1993-04 | $1,004,689 |
| 14 | Shadowland Artists Inc | 157 Canal St, Ellenville, NY 12428-1503 | NY | 1987-10 | $889,884 |
| 15 | Theatre For The New City Foundation Inc | 155 1st Ave, New York, NY 10003-2906 | NY | 1971-05 | $873,956 |
| 16 | Shakespeare In Delaware Park Inc | PO BOX 716, Buffalo, NY 14205-0716 | NY | 1992-03 | $547,477 |
| 17 | Thalia Spanish Theatre Inc | PO BOX 4368, Sunnyside, NY 11104-0368 | NY | 1975-05 | $531,803 |
| 18 | Thousand Islands Performing Artsfund Inc | PO BOX 123, Clayton, NY 13624-0123 | NY | 1980-10 | $485,671 |
| 19 | White Bird Productions Inc | 138 S Oxford St Ste 3a, Brooklyn, NY 11217-1694 | NY | 1992-07 | $388,810 |
| 20 | Target Margin Theater Inc | 138 S Oxford St Ste 5a, Brooklyn, NY 11217-1694 | NY | 1993-04 | $356,819 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,933 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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