The Waterfront Museum in Brooklyn, New York (NY)
Table of contents:
The Waterfront Museum | |
Employer Identification Number (EIN) | 113569896 |
Name of Organization | The Waterfront Museum |
Address | 290 Conover St, Brooklyn, NY 11231-1020 |
Subsection | Charitable Organization, Educational Organization |
Ruling Date | 04/2006 |
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 | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $199,849 |
Amount of Income | $191,123 |
Form 990 Revenue Amount | $191,123 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2013: $191,123 (it was $110,777 in 2012)
This organization: | $191,123 |
Other organizations performing similar types of work: | $42,230 |
Assets in 2013: $199,849 (it was $137,549 in 2012)
The Waterfront Museum: | $199,849 |
Other organizations performing similar types of work: | $110,927 |
Expenses in 2013: $118,823
The Waterfront Museum: | $118,823 |
Other organizations performing similar types of work: | $32,454 |
Income to expenses ratio in 2013: 1.6
This organization: | 1.6 |
Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2013: 72.3%
This organization: | 72.3% |
Other organizations performing similar types of work: | 27.1% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $99,310 | $110,777 | $191,123 |
Contributions, gifts, grants, and similar amounts received | $39,714 | $71,964 | $138,127 |
Program service revenue including government fees and contracts | $59,596 | $38,813 | $52,896 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $0 | $0 | $100 |
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 | $153,257 | $130,622 | $118,823 |
Total net assets | $147,769 | $127,549 | $199,849 |
Excess/Deficit for the year | $-53,947 | $-19,845 | $72,300 |
Net assets or fund balances at beginning of year | $201,716 | $147,769 | $127,549 |
Other changes in net assets or fund balances | $0 | $-375 | $0 |
Net assets or fund balances at end of year | $127,549 | $199,849 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $147,769 | $137,549 | $199,849 |
Total liabilities | $0 | $10,000 | $0 |
Net assets or fund balances | $147,769 | $127,549 | $199,849 |
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 | No | |
Total amount involved | $10,000 | $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 | $697,229 |
Subtotal | $704,379 |
Gifts, grants, contributions, and membership fees received | $393,123 |
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 | $311,256 |
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 | $7,150 |
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 | $7,150 |
Total support | $704,479 |
Public support | $704,379 |
Subtotal | $100 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $100 |
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 | Memorial Library & Art Collection Of Second World War Inc | 6435 Yellowstone Blvd, Forest Hills, NY 11375-1717 | NY | 2014-04 | $8,422,006 |
2 | Seward House Museum | 33 South St, Auburn, NY 13021-3929 | NY | 2008-09 | $2,794,347 |
3 | No Longer Empty Inc | Co Slome Capital, New York, NY 10155 | NY | 2011-03 | $316,950 |
4 | Malcolm X Dr Betty Shabazz Memorial Educational Center Inc | 3940 Broadway, New York, NY 10032-1534 | NY | 2005-12 | $312,303 |
5 | The Waterfront Museum | 290 Conover St, Brooklyn, NY 11231-1020 | NY | 2006-04 | $191,123 |
6 | Lawson Boating Heritage Center On Chautauqua Lake | PO BOX 10, Bemus Point, NY 14712-0010 | NY | 2011-03 | $150,293 |
7 | Friends Of Hermione-La Fayette In America Inc | 174 Plymouth Dr, Scarsdale, NY 10583-6735 | NY | 2008-02 | $101,130 |
8 | 1816 Farmington Quaker Meetinghouse Museum | PO BOX 25053, Farmington, NY 14425-0053 | NY | 2009-12 | $75,979 |
9 | Underground Railroad History Project Of The Capital Region | PO BOX 10851, Albany, NY 12201-5851 | NY | 2004-01 | $60,563 |
10 | Alco Historical & Technical Society, Alco Heritage Museum | 1910 Maxon Rd Ext, Schenectady, NY 12308 | NY | 2010-02 | $49,741 |
11 | Townsend Society Of America | 21 W Main St, Oyster Bay, NY 11771-2262 | NY | 2002-02 | $34,472 |
12 | Somerset Union Museum | 62 Deerhurst Park Blvd, Kenmore, NY 14217-2104 | NY | 2011-08 | $32,602 |
13 | Friends Of The Rossini Opera Frstival Inc | 444 Madison Ave Ste 1206, New York, NY 10022 | NY | 2008-06 | $28,550 |
14 | On The Road Productions International Inc | 310 Greenwich Street, New York, NY 10013-2708 | NY | 2008-08 | $24,213 |
15 | Scandinavian East Coast Museum | 440 Ovington Avenue, Brooklyn, NY 11209 | NY | 2014-06 | $20,558 |
16 | Friends Of The Orangetown Museum | 196 Chief Bill Harris Way, Orangeburg, NY 10962 | NY | 2000-12 | $10,745 |
17 | Greenpoint Monitor Museum | PO BOX 220378, Brooklyn, NY 11222-0378 | NY | 1997-12 | $8,072 |
18 | Brothertown Association Inc | 2707 Nys Rte 315, Deansboro, NY 13228 | NY | 2000-09 | $7,373 |
19 | Wawarsing Historical Society & Knife Museum | Po Box 2, Napanooch, NY 12458-0002 | NY | 2011-04 | $6,675 |
20 | Long Island Republic Airport Historical Society | 7150 Republic Airport Room 216, East Farmingdale, NY 11735-3930 | NY | 2009-12 | $6,069 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 2,375 |
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