Grand Lake Festivals Inc in Grove, Oklahoma (OK)
Table of contents:
| Grand Lake Festivals Inc | |
| Employer Identification Number (EIN) | 731529352 |
| Name of Organization | Grand Lake Festivals Inc |
| In Care of Name | President |
| Address | PO BOX 451590, Grove, OK 74345-1590 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Cultural performances |
| Subsection | Educational Organization |
| Ruling Date | 02/1998 |
| 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 | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $1,077 |
| Amount of Income | $50,033 |
| Form 990 Revenue Amount | $50,033 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Music |
Non-representatives - add comments:
Amount of income in 2013: $50,033 (it was $49,821 in 2012)
| This organization: | $50,033 |
| Other organizations performing similar types of work: | $113,884 |
Assets in 2013: $1,077 (it was $5,864 in 2012)
| This organization: | $1,077 |
| Other organizations performing similar types of work: | $78,987 |
Expenses in 2013: $51,628
| Grand Lake Festivals Inc: | $51,628 |
| Other organizations performing similar types of work: | $104,400 |
Income to expenses ratio in 2013: 1.0
| Grand Lake Festivals Inc: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 71.0%
| Grand Lake Festivals Inc: | 71.0% |
| Other organizations performing similar types of work: | 42.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $49,759 | $49,821 | $50,033 |
| Contributions, gifts, grants, and similar amounts received | $31,763 | $32,854 | $35,537 |
| Program service revenue including government fees and contracts | $13,848 | $15,790 | $14,496 |
| 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 | $0 | $0 | $0 |
| Other revenue | $4,148 | $1,177 | $0 |
| Total expenses | $47,531 | $51,526 | $51,628 |
| Total net assets | $4,380 | $5,864 | $1,077 |
| Excess/Deficit for the year | $2,228 | $-1,705 | $-1,595 |
| Net assets or fund balances at beginning of year | $2,152 | $7,569 | $2,672 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $-73 | $1,077 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $4,380 | $5,864 | $1,077 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $4,380 | $5,864 | $1,077 |
| 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: (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 | $267,075 |
| Subtotal | $267,075 |
| Gifts, grants, contributions, and membership fees received | $187,244 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $79,831 |
| 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 | $268,252 |
| Public support | $267,075 |
| Subtotal | $1,177 |
| 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 | $1,177 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $1,004 | $0 | $1,004 |
| Gross receipts or sales less returns and allowances | $1,004 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $1,004 | $0 | $1,004 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $1,816 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $1,816 |
| Unrelated business taxable income | $812 |
| Unrelated business taxable income before net operating loss deduction | $812 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $812 |
| Specific deduction | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Friends Of Starlight Concerts Inc | PO BOX 35158, Tulsa, OK 74153-0158 | OK | 1989-08 | $93,259 |
| 2 | San Francisco Jazz Organization | 201 Franklin St, San Francisco, CA 94102-5108 | CA | 1994-05 | $20,497,477 |
| 3 | Sphinx Organization Inc, The Sphinx Competition | 400 Renaissance Ctr, Detroit, MI 48243-1502 | MI | 1996-08 | $6,778,556 |
| 4 | The Schubert Club | 302 Landmark Center, St Paul, MN 55102-1423 | MN | 1945-06 | $6,151,396 |
| 5 | Young Concert Artists Inc | 250 W 57th St, New York, NY 10107-0001 | NY | 1963-02 | $5,750,562 |
| 6 | Vocalessence, Vocal Essence | 1900 Nicollet Ave, Minneapolis, MN 55403-3746 | MN | 1979-12 | $3,296,519 |
| 7 | The John G Shedd Institute For The Arts | PO BOX 1497, Eugene, OR 97440-1497 | OR | 1995-03 | $2,315,653 |
| 8 | Southwest Florida Symphony Orchestra And Chorus Association I | 8290 College Pkwy Ste 103, Fort Myers, FL 33919-5157 | FL | 1966-09 | $1,851,058 |
| 9 | Ok Mozart Inc | PO BOX 2344, Bartlesville, OK 74005-2344 | OK | 1989-07 | $970,758 |
| 10 | The Sound Of America Inc | PO BOX 603, Carlisle, PA 17013-0603 | PA | 1992-08 | $947,257 |
| 11 | Summer Music Inc | 300s State St, New London, CT 06320-6152 | CT | 1984-01 | $942,384 |
| 12 | Southwest Celtic Music Association, North Texas Irish Festival | 2528 Elm Street B, Dallas, TX 75226-1472 | TX | 1985-12 | $937,470 |
| 13 | Washington Bach Consort | 1010 Vermont Ave Nw Ste 202, Washington, DC 20005-4943 | DC | 1978-02 | $860,054 |
| 14 | Young Musicians Foundation | 244 South San Pedro Street, Los Angeles, CA 90012-3856 | CA | 1960-03 | $852,037 |
| 15 | Villa Musica | 10373 Roselle St Ste 170, San Diego, CA 92121-1587 | CA | 2006-10 | $672,285 |
| 16 | The All-American Boys Chorus | PO BOX 1527, Costa Mesa, CA 92628-1527 | CA | 1974-06 | $659,460 |
| 17 | Grand Lake Festivals Inc | PO BOX 451590, Grove, OK 74345-1590 | OK | 1998-02 | $50,033 |
| 18 | Oklahoma Sinfonia Inc | 3010 S Harvard Ave Ste 400, Tulsa, OK 74114-6102 | OK | 1979-06 | $0 |
| 19 | Reunion Quartet Inc Reunion Quartet Ministries | 27980 E 161st Pl S, Coweta, OK 74429 | OK | 2000-07 | $0 |
| 20 | Scene Impact Foundation | 1611 S Utica Ave 108, Tulsa, OK 74104 | OK | 2009-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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