A Cultural Exchange Inc in Cleveland, Ohio (OH)
Table of contents:
| A Cultural Exchange Inc | |
| Employer Identification Number (EIN) | 341759189 |
| Name of Organization | A Cultural Exchange Inc |
| Address | 12624 Larchmere Blvd, Cleveland, OH 44120-1110 |
| Activities | Literary activities |
| Subsection | Charitable Organization |
| Ruling Date | 09/1998 |
| 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 | $328,537 |
| Amount of Income | $462,899 |
| Form 990 Revenue Amount | $393,434 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: |
Non-representatives - add comments:
Amount of income in 2013: $462,899 (it was $217,930 in 2012)
| This organization: | $462,899 |
| Other organizations performing similar types of work: | $90,254 |
Assets in 2013: $328,537 (it was $279,466 in 2012)
| This organization: | $328,537 |
| Other organizations performing similar types of work: | $86,272 |
Expenses in 2013: $172,622
| A Cultural Exchange Inc: | $172,622 |
| Other organizations performing similar types of work: | $95,050 |
Income to expenses ratio in 2013: 2.7
| A Cultural Exchange Inc: | 2.7 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 75.2%
| A Cultural Exchange Inc: | 75.2% |
| Other organizations performing similar types of work: | 56.1% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $150,039 | $217,930 | $393,434 |
| Contributions, gifts, grants, and similar amounts received | $115,399 | $97,014 | $295,938 |
| Program service revenue including government fees and contracts | $12,372 | $95,030 | $89,085 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| 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 | $22,268 | $25,886 | $8,411 |
| Gross sales of inventory, less returns and allowances | $68,145 | $67,003 | $77,876 |
| Less: cost of goods sold | $45,877 | $41,117 | $69,465 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $265,118 | $156,211 | $172,622 |
| Total net assets | $326,773 | $215,033 | $309,110 |
| Excess/Deficit for the year | $-115,079 | $61,719 | $220,812 |
| Net assets or fund balances at beginning of year | $332,154 | $265,054 | $-24,520 |
| Other changes in net assets or fund balances | $109,698 | $-111,740 | $112,818 |
| Net assets or fund balances at end of year | $276,752 | $548,663 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $370,438 | $279,466 | $328,537 |
| Total liabilities | $43,665 | $64,433 | $19,427 |
| Net assets or fund balances | $326,773 | $215,033 | $309,110 |
| 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 | $1,188,808 |
| Subtotal Support | $1,188,808 |
| Gifts, grants, contributions, and membership fees received | $1,188,808 |
| 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 | $1,188,808 |
| Public Support | $1,188,808 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Renee Jones Empowerment Inc in Cleveland, OH
 |
|
Order Of The Eastern Star Of Ohio & Jurisdiction Prince Hall Affiliati, Bethel Chapter # 58 in Cleveland, OH
|
William E Sanders Fam Life Center Inc in Cleveland, OH
 |
| Joint Iron Workers Apprenticeship in Cleveland, OH |
|
Hand 2 Hand Inc in Cleveland, OH
|
|
Believers Achieve Dreams, Ringfield James A Owner in Cleveland, OH
|
| City Of Clevelands Cable Television Minority Arts & Education Fund in Cleveland, OH |
|
National Spiritualist Association Of Churches, Ashley Spiritualist Camp in Ashley, OH
|
Osteopathic Heritage Foundation in Columbus, OH
 |
|
Razavi Farsi School Inc in Sylvania, OH
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Willa Cather Foundation | 413 N Webster St, Red Cloud, NE 68970-2466 | NE | 1961-10 | $2,396,461 |
| 2 | Writers And Books Inc | 740 University Ave, Rochester, NY 14607-1259 | NY | 1991-09 | $781,073 |
| 3 | Thurber House Inc | 77 Jefferson Ave, Columbus, OH 43215-3840 | OH | 1985-08 | $676,971 |
| 4 | A Cultural Exchange Inc | 12624 Larchmere Blvd, Cleveland, OH 44120-1110 | OH | 1998-09 | $462,899 |
| 5 | Vergilian Society Inc | 5980 Grizzly Peak Blvd, Piedmont, CA 94611-1029 | CA | 1954-02 | $452,769 |
| 6 | The Edna St Vincent Millay Society C O Elizabeth Barnett | PO BOX 2, Austerlitz, NY 12017-0002 | NY | 1978-09 | $379,691 |
| 7 | Thoreau Society Inc | 341 Virginia Rd, Concord, MA 01742-2727 | MA | 1980-10 | $369,921 |
| 8 | Literary Club | 1071 Celestial St Apt 1601, Cincinnati, OH 45202-1649 | OH | 1949-04 | $346,153 |
| 9 | Shasta Library Foundation | 1681 E Cypress Ave, Redding, CA 96002-1369 | CA | 1996-05 | $327,514 |
| 10 | Kingman Public Library | 455 N Main St, Kingman, KS 67068-1336 | KS | 1992-01 | $244,246 |
| 11 | Terezin Chamber Music Foundation Inc | PO BOX 206, Boston, MA 02123-0206 | MA | 1991-09 | $217,467 |
| 12 | The Claremont Forum | 586 W 1st St, Claremont, CA 91711-4618 | CA | 1993-07 | $210,069 |
| 13 | Shelburne Community School Council Incorporated | 2730 Washington St, Roxbury, MA 02119-1404 | MA | 1991-06 | $157,326 |
| 14 | Buckeye Authors Book Fair Committee Inc | 205 W Liberty St, Wooster, OH 44691-4831 | OH | 1986-05 | $87,677 |
| 15 | Serbian National University Of Cleveland Vuk Stefa, Serbian National University Of Clev | 6485 Ridge Rd, Parma, OH 44129 | OH | 1992-08 | $0 |
| 16 | Songwriters And Poets Critique | 2804 Kingston Ave, Grove City, OH 43123-3363 | OH | 1997-08 | $0 |
| 17 | Storytellers Of Central Ohio | 630 Morning St, Worthington, OH 43085 | OH | 1995-02 | $0 |
| 18 | The Greater Cleveland Liturgical Dance Ensemble | 4199 E 188th St, Cleveland, OH 44122-6907 | OH | 1996-11 | $0 |
| 19 | Townsquare Quiltlovers Guild Inc | 16862 Bronze Heights Ln, Caldwell, OH 43724 | OH | 1993-06 | $0 |
| 20 | Troy Literacy Council Inc | Po Box 7, Troy, OH 45373 | OH | 1991-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 223 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about A Cultural Exchange Inc »
Non-representatives - add comments about A Cultural Exchange Inc»