One World Symphony in Brooklyn, New York (NY)
Table of contents:
One World Symphony | |
Employer Identification Number (EIN) | 113633985 |
Name of Organization | One World Symphony |
In Care of Name | David Sung Jin Hong |
Address | 260 Ocean Pkwy Apt 1k, Brooklyn, NY 11218-4044 |
Subsection | Charitable Organization |
Ruling Date | 10/2005 |
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 | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $143,071 |
Amount of Income | $67,596 |
Form 990 Revenue Amount | $67,596 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Symphony Orchestras |
Non-representatives - add comments:
Amount of income in 2013: $67,596 (it was $74,649 in 2012)
This organization: | $67,596 |
Other organizations performing similar types of work: | $68,125 |
Assets in 2013: $143,071 (it was $131,769 in 2012)
This organization: | $143,071 |
Other organizations performing similar types of work: | $23,902 |
Expenses in 2013: $54,394
This organization: | $54,394 |
Other organizations performing similar types of work: | $63,787 |
Income to expenses ratio in 2013: 1.2
This organization: | 1.2 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 10.0%
This organization: | 10.0% |
Other organizations performing similar types of work: | 50.3% |
Revenue for 2013
Program service revenue (90%)
Investment income (0%)
Contributions, gifts, grants, etc. (10%)
Support schedule
Gifts, grants and membership fees received (100%)
Gross income from interest etc. (0%)
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $95,639 | $74,649 | $67,596 |
Contributions, gifts, grants, and similar amounts received | $6,385 | $12,225 | $6,730 |
Program service revenue including government fees and contracts | $48,432 | $62,320 | $60,806 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $39,592 | $45 | $60 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $1,230 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $59 | $0 |
Total expenses | $53,106 | $40,879 | $54,394 |
Total net assets | $98,219 | $131,769 | $143,071 |
Excess/Deficit for the year | $42,533 | $33,770 | $13,202 |
Net assets or fund balances at beginning of year | $56,906 | $98,219 | $131,769 |
Other changes in net assets or fund balances | $-1,220 | $-220 | $-1,900 |
Net assets or fund balances at end of year | $131,769 | $143,071 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $98,219 | $131,769 | $143,071 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $98,219 | $131,769 | $143,071 |
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $49,052 |
Subtotal Support | $49,052 |
Gifts, grants, contributions, and membership fees received | $49,052 |
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 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $49,251 |
Public Support | $49,052 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $199 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $0 |
Gross receipts from related activities, etc. | $279,825 |
Write your review! |
|
Recently Added Reviews |
Grace Fellowship Ministries Inc in Brooklyn, NY |
Triune Mystical Order Of St Gabriel Sprititual Church Inc in Brooklyn, NY
|
Keren Zichron Aryeh Leib, Dba Samchainu in Brooklyn, NY |
Catholic Daughters Of The Americas in Brooklyn, NY
|
Families Fathers & Children Inc in Brooklyn, NY
|
Daniel Church Of God In Christ Inc in Brooklyn, NY |
Shannon T Braithwaite in Brooklyn, NY |
Magen Avrohom Foundation in Brooklyn, NY |
Moore 4 You Community Development Corporation in Brooklyn, NY
|
Matt Talbot Retreat Movement Inc Group 74, Matt Talbot Retreat Movement in Brooklyn, NY |
Organizations performing similar types of work | |||||
Id ↑ | Name | Address | State | Established | Total Income |
1 | World Peace Orchestra Inc, Wpo | 2727 Coney Island Ave, Brooklyn, NY 11235-5004 | NY | 2013-12 | $1,905,309 |
2 | Musical Associates Of Central New York Inc | PO BOX 1161, Syracuse, NY 13201-1161 | NY | 2013-03 | $1,645,367 |
3 | The American Classical Orchestra Inc | 133 W 70th St, New York, NY 10023-4410 | NY | 1983-01 | $1,248,532 |
4 | Festival Of North American Orchestras Inc | 470 Park Ave S 9th Fl, New York, NY 10016-6819 | NY | 2008-08 | $269,629 |
5 | Youth Orchestra Chinese Youth Corps Of New York Inc | 175 Willoughby Street, Brooklyn, NY 11201-5463 | NY | 2001-12 | $130,247 |
6 | Yarnwire Inc | 1717 Troutman St Ste 214, Ridgewood, NY 11385 | NY | 2009-06 | $88,346 |
7 | Weekend Of Chamber Music Inc | PO BOX 304, Lk Huntington, NY 12752-0304 | NY | 1998-06 | $83,267 |
8 | West Side Chamber Orchestra Inc | 570 Isham Street, New York, NY 10034-2026 | NY | 2012-08 | $74,987 |
9 | Staten Island Orcestra | 14 Brentwood Ave, Staten Island, NY 10301-2004 | NY | 2006-02 | $66,418 |
10 | World Civic Orchestra | C/O M Koh 44 Wildwood Place, Queensbury, NY 12804 | NY | 2009-10 | $63,748 |
11 | Southern Tier Symphony | PO BOX 501, Olean, NY 14760-0501 | NY | 2004-07 | $58,043 |
12 | Northern Dutchess Symphony Orchestra | Po Box 1777 South Road Branch Office, Poughkeepsie, NY 12601 | NY | 2006-06 | $57,393 |
13 | Saratoga Springs Youth Orchestra Inc | 320 Broadway, Saratoga Spgs, NY 12866-4146 | NY | 1999-02 | $43,690 |
14 | New Westchester Symphony Orchestra | 72 Old Colony Rd, Hartsdale, NY 10530 | NY | 2012-11 | $42,727 |
15 | Orange County Youth Symphony | 17 Lexington Hill Unit 8, Harriman, NY 10926 | NY | 2009-11 | $40,530 |
16 | Ny Laureate Orchestra Inc | 1270 Broadway Ste 205, New York, NY 10001 | NY | 2012-03 | $33,444 |
17 | Westchester-Putnam Youth Symphony Inc | 10 Maple Hill Dr, Mahopac, NY 10541-3835 | NY | 2001-11 | $26,903 |
18 | Crossfire Steel Orchestra Inc | 946 Blake Avenue, Brooklyn, NY 11207 | NY | 2015-03 | $20,080 |
19 | The Sheep Island Ensemble | 375 Riverside Drive Apt 10e, New York, NY 10025 | NY | 2011-10 | $11,805 |
20 | The Lake George Chamber Orchestra | 9 Snug Harbor Ln, Queensbury, NY 12804-7785 | NY | 2008-01 | $8,563 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 1,025 |
Organization representatives - add corrected or new information about One World Symphony »
Non-representatives - add comments about One World Symphony»