Pen American Center Inc in New York, New York (NY)
Table of contents:
| Pen American Center Inc | |
| Employer Identification Number (EIN) | 133447888 |
| Name of Organization | Pen American Center Inc |
| Address | 588 Broadway Rm 303, New York, NY 10012-5246 |
| Activities | Literary activities |
| Subsection | Charitable Organization |
| Ruling Date | 11/1992 |
| 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 | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $3,805,351 |
| Amount of Income | $4,755,842 |
| Form 990 Revenue Amount | $4,311,995 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Humanities Organizations |
Non-representatives - add comments:
Amount of income in 2013: $4,755,842 (it was $4,792,345 in 2012)
| This organization: | $4,755,842 |
| Other organizations performing similar types of work: | $282,207 |
Assets in 2013: $3,805,351 (it was $2,693,371 in 2012)
| Pen American Center Inc: | $3,805,351 |
| Other organizations performing similar types of work: | $387,709 |
Expenses in 2012: $3,188,182
| This organization: | $3,188,182 |
| Other organizations performing similar types of work: | $391,323 |
Income to expenses ratio in 2012: 1.5
| Pen American Center Inc: | 1.5 |
| Other organizations performing similar types of work: | 1.1 |
Number of employees in 2012: 18
| Pen American Center Inc: | 18 |
| Other organizations performing similar types of work: | 9 |
Employees paid over $100,000 in 2012: 27.8%
| This organization: | 27.8% |
| Other organizations performing similar types of work: | 0.0% |
Grants share in income in 2012: 94.4%
| Pen American Center Inc: | 94.4% |
| Other organizations performing similar types of work: | 38.9% |
Revenue for 2012
Functional expenses for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| 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 2012) | |
| Total revenue | $2,958,331 |
| Contributions, Gifts, Grants and Other Similar Amounts | $2,793,207 |
| Program Service Revenue | $126,767 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $36,425 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $1,191 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $1,679,876 / $0 |
| Less: cost or other basis and sales expenses (Securities / Other) | $1,678,685 / $0 |
| Gain or (loss) (Securities / Other) | $1,191 / $0 |
| Net income from fundraising events | $0 |
| Gross income from fundraising events | $155,329 |
| Less: direct expenses | $155,329 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $741 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $3,188,182 |
| Compensation of current officers, directors, trustees, and key employees | $405,244 |
| Other salaries and wages | $882,285 |
| Payroll taxes | $82,028 |
| Professional fundraising services | $0 |
| Other | $1,818,625 |
| Balance Sheet (for 2012) | |
| Total assets | $2,693,371 |
| Total liabilities | $238,201 |
| 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 | $238,201 |
| Total net assets or fund balances | $2,455,170 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| 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 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $12,863,736 |
| Gifts, grants, contributions, and membership fees received | $12,144,469 |
| 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 | $516,318 |
| 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 | $160,023 |
| Other | $42,926 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Modern Language Association Of America | 26 Broadway Fl 3, New York, NY 10004-1789 | NY | 1942-05 | $16,611,687 |
| 2 | Teachers And Writers Collaborative | 520 8th Ave Rm 2020, New York, NY 10018-4165 | NY | 1972-07 | $630,308 |
| 3 | Pen American Center Inc | 588 Broadway Rm 303, New York, NY 10012-5246 | NY | 1992-11 | $4,755,842 |
| 4 | Academy Of American Poets Incorporated | 75 Maiden Ln Rm 901, New York, NY 10038-4610 | NY | 1936-02 | $3,811,110 |
| 5 | Council For Secular Humanism Inc | 3965 Rensch Rd, Amherst, NY 14228-2743 | NY | 2001-04 | $2,490,219 |
| 6 | New York Council For The Humanities | 150 Broadway Rm 1700, New York, NY 10038-4364 | NY | 1975-07 | $2,367,323 |
| 7 | Italian American Committee On Education Inc | 686 Park Ave, New York, NY 10065-5009 | NY | 1985-09 | $1,274,587 |
| 8 | South Dakota Humanities Council | 1215 Trail Ridge Rd Ste A, Brookings, SD 57006-4107 | SD | 1978-10 | $761,272 |
| 9 | Belles Lettres Club-U-I | PO BOX 185, Pittsburgh, PA 15230-0185 | PA | $330,897 | |
| 10 | Society For The Advancement Of Scandinavian Study | 535 E 2200 N, Provo, UT 84604-1724 | UT | 1977-07 | $241,227 |
| 11 | The Baker Street Irregulars | 7938 Mill Stream Cir, Indianapolis, IN 46278-2105 | IN | 2004-01 | $185,669 |
| 12 | Seattle Japanese Language School | 1414 S Weller St, Seattle, WA 98144-2053 | WA | 1987-10 | $114,983 |
| 13 | Canteen Arts Inc | 96 Pierrepont St, Brooklyn, NY 11201-2756 | NY | 2008-02 | $58,091 |
| 14 | The Jewish Heritage Writing Project Inc | 150 Franklin St, New York, NY 10013 | NY | 1984-05 | $46,201 |
| 15 | Frederick Douglass Creative Arts | 270 W 96th St, New York, NY 10025-6205 | NY | 1969-08 | $32,432 |
| 16 | Lipilekha Bangla Association | PO BOX 1404, Yorktown Heights, NY 10598 | NY | 2009-06 | $31,424 |
| 17 | Caribbean American Network Inc | 24 W 129th St, New York, NY 10027-2263 | NY | 2000-11 | $17,145 |
| 18 | Thomashefsky Project | C/O Spielman Koenigsberg1745 Bdwy-, New York, NY 10019 | NY | 1998-10 | $10,722 |
| 19 | Mcclew Interpretive Center Inc | 2402 Mcclew Road, Burt, NY 14028 | NY | 2007-06 | $0 |
| 20 | Writers Center At Chautauqua Inc | PO BOX 408, Chautaugua, NY 12920-0408 | NY | 2000-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 104 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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