Samuel S Fleisher Art Memorial Inc in Philadelphia, Pennsylvania (PA)

Organization representatives - add corrected or new information about Samuel S Fleisher Art Memorial Inc »

Non-representatives - add comments about Samuel S Fleisher Art Memorial Inc»

Samuel S Fleisher Art Memorial Inc
Employer Identification Number (EIN)232249360
Name of OrganizationSamuel S Fleisher Art Memorial Inc
AddressPO BOX 7646, Philadelphia, PA 19101-7646
ActivitiesSchool, college, trade school, etc., Museum, zoo, planetarium, etc.
SubsectionCharitable Organization
Ruling Date10/1983
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,053,837
Amount of Income$2,880,483
Form 990 Revenue Amount$2,177,558
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts Education


Non-representatives - add comments:


CAPTCHA

Your IP address 18.119.248.48 will be logged.

Amount of income in 2013: $2,880,483
This organization: 

 $2,880,483
Other organizations performing similar types of work: 

 $206,067

Assets in 2013: $17,053,837
Samuel S Fleisher Art Memorial Inc: 

 $17,053,837
Other organizations performing similar types of work: 

 $109,929

Expenses in 2013: $2,387,077
This organization: 

 $2,387,077
Other organizations performing similar types of work: 

 $240,853

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 77.8%
Samuel S Fleisher Art Memorial Inc: 

 77.8%
Other organizations performing similar types of work: 

 82.4%

Number of employees in 2013: 100
This organization: 

 100
Other organizations performing similar types of work: 

 10

Grants share in income in 2013: 70.9%
Samuel S Fleisher Art Memorial Inc: 

 70.9%
Other organizations performing similar types of work: 

 45.8%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10964354
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return0100
Did the organization file all required federal employment tax returns?NoYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$21,560
Total reportable compensation from related organizations$483,693$333,792
Total estimated amount of other compensation from the organization and related organizations$64,947$36,951
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$2,082,869$2,145,704$2,177,558
Contributions, Gifts, Grants and Other Similar Amounts$1,414,975$1,569,495$1,544,451
Program Service Revenue$413,445$431,361$482,301
900099$324,348$363,550
900099$78,103$90,693
Ambulance Services $21,800$21,220
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$61,681$53,855$49,018
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$23,815$30,135$30,544
Gross rents (Real / Personal)$23,815 / $0$30,135 / $0$30,544 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$23,815 / $0$30,135 / $0$30,544 / $0
Net gain/loss from sales of assets other than inventory$124,655$43,330$25,226
Gross amount from sales of assets other than inventory (Securities / Other)$3,058,603 / $0$868,768 / $0$692,659 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,933,948 / $0$825,438 / $0$667,433 / $0
Gain or (loss) (Securities / Other)$124,655 / $0$43,330 / $0$25,226 / $0
Net income/loss from fundraising events$13,893$10,164$17,150
Gross income from fundraising events$41,875$39,494$52,642
Less: direct expenses$27,982$29,330$35,492
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$30,405$7,364$28,868
900099$7,364$28,868
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$2,215,972$2,358,055$2,387,077
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$76,936
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$0$0$872,762
Pension plan accruals and contributions$0$17,313
Other employee benefits$0$74,128
Payroll taxes$0$0$68,460
Fees for services (non-employees)
Management$57,900$57,900
Legal$0$0
Accounting$12,500$12,500
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$86,051$133,994
Other$0$0
Advertising and promotion$2,023$6,590
Office expenses$48,125$48,706
Information technology$0$0
Royalties$0$0
Occupancy$54,740$52,802
Travel$14,792$11,898
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$187,609$190,692
Insurance$73,931$73,728
Other expenses$1,413,946$309,737
Other expenses$179,061$144,106
Other expenses$84,943$86,752
Other expenses$73,991$63,139
Other expenses$68,443$84,934
Balance Sheet
201120122013
Total assets$16,785,309$16,046,263$17,053,837
Cash - non-interest-bearing$0$0
Savings and temporary cash investments$698,818$619,060
Pledges and grants receivable, net$9,481$9,481
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$6,793$6,785
Prepaid expenses and deferred charges$80,135$5,930
Land, buildings, and equipment: cost or other basis$2,160,464$2,238,577
Investments - publicly traded securities$3,585,279$3,866,823
Investments - other securities$9,505,293$10,307,081
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$161,398$205,278$187,619
Accounts payable and accrued expenses$91,434$97,118
Grants payable$0$0
Deferred revenue$113,844$90,501
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$16,623,911$15,840,985$16,866,218
Unrestricted net assets$5,812,287$5,904,260
Temporarily restricted net assets$202,908$334,280
Permanently restricted net assets$9,825,790$10,627,678
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$7,113,613
Subtotal$9,614,626
Gifts, grants, contributions, and membership fees received$7,602,213
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$2,012,413
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$2,501,013
Amounts received from disqualified persons$2,501,013
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$10,212,443
Public support$9,614,626
Subtotal$430,085
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$430,085
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$167,732
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$1,398,261$1,452,440$1,462,397$1,779,833$2,869,390$1,927,169$1,922,856$2,150,907
Contributions, gifts, grants, and similar amounts received$1,107,630$1,201,110$1,233,306$1,355,063$2,384,578$1,371,432$1,125,610$1,502,944
Contributions to donor advised funds$0$0
Direct public support$1,078,410$1,155,346$1,143,785$1,279,640$2,353,435$1,325,846$1,054,949$1,442,954
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$29,220$45,764$89,521$75,423$31,143$45,586$70,661$59,990
Program service revenue including government fees and contracts$217,574$193,185$249,754$230,444$231,903$220,462$244,896$300,565
Membership dues and assessments$7,750$10,145$14,210$15,324$15,790$20,943$30,837$31,630
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$75,123$62,011$39,447$34,369$80,083$89,160$149,160$146,958
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-7,725$-18,885$-72,544$134,315$118,049$218,746$289,750$74,375
Gross amount from sales of assets other than inventory$1,087,915$3,531,281$2,374,929$1,981,794$1,317,884$2,383,911$1,595,095$1,515,869
Less: cost or other basis and sales expenses$1,095,640$3,550,166$2,447,473$1,847,479$1,199,835$2,165,165$1,305,345$1,441,494
Net income or (loss) from special events and activities$-4,407$517$-2,817$7,958$33,305$3,309$80,882$11,968
Gross revenue$1,887$13,228$7,083$27,590$56,643$27,030$91,453$28,095
Less: direct expenses other than fundraising expenses$6,294$12,711$9,900$19,632$23,338$23,721$10,571$16,127
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$2,316$4,357$1,041$2,360$5,682$3,117$1,721$82,467
Total expenses$1,145,507$1,317,063$1,461,275$1,460,753$1,474,288$1,639,543$1,719,906$1,974,342
Program services$364,214$386,988$455,119$431,661$949,771$1,066,198$1,380,992$1,535,276
Management and general$723,649$862,765$940,894$967,109$359,863$379,049$206,654$210,933
Fundraising$57,644$67,310$65,262$61,983$164,654$194,296$132,260$228,133
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$15,770,564$13,906,146$13,287,277$14,407,668$15,846,852$16,840,460$18,921,462$17,604,281
Excess or (deficit) for the year$252,754$135,377$1,122$319,080$1,395,102$287,626$202,950$176,565
Net assets or fund balances at beginning of year$17,189,929$15,770,564$13,906,146$13,287,277$14,407,668$15,846,852$16,840,460$18,921,462
Other changes in net assets or fund balances$-1,672,119$-1,999,795$-619,991$801,311$44,082$705,982$1,878,052$-1,493,746
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,974,342$1,535,276$210,933$228,133
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$58,476$0$58,476$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$8,781$0$8,781$0
Legal fees$0$0$0$0
Supplies$10,597$10,597$0$0
Telephone$4,952$4,952$0$0
Postage and shipping$22,989$22,989$0$0
Occupancy$130,855$106,516$24,339$0
Equipment rental and maintenance$4,043$4,043$0$0
Printing and publications$46,225$46,225$0$0
Travel$5,102$0$5,102$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$175,482$142,842$32,640$0
Other expenses not covered above$1,506,840$1,197,112$81,595$228,133
Balance Sheets
20002001200220032004200520062007
Total assets$15,824,421$13,976,822$13,372,749$14,470,521$16,105,656$16,957,455$19,006,312$17,838,470
Cash - non-interest-bearing$0$0$0$0$0$0$0$0
Savings and temporary cash investments$912,626$883,933$1,064,306$1,300,059$301,382$581,846$696,903$1,241,985
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$199,911$195,342$196,809$249,675$219,577$153,970$101,491$58,337
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$11,711$13,942$14,266$4,376$6,085$4,176$4,921$4,730
Prepaid expenses and deferred charges$0$0$0$1,785$0$0$3,650$2,069
Investments - publicly-traded securities$4,423,729$3,829,635
Investments - other securities$1,777,433$1,466,318$1,386,289$1,640,584$2,696,422$3,821,290$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$12,222,325$10,275,569$9,605,019$10,244,726$10,264,875$9,953,737$11,425,612$10,504,581
Land, buildings, and equipment less accumulated depreciation$700,415$1,141,718$1,095,016$1,022,774$2,617,315$2,442,436$2,350,006$2,197,133
Other assets, including program-related investments$0$0$11,044$6,542$0$0$0$0
Total liabilities$53,857$70,676$85,472$62,853$258,804$116,995$84,850$234,189
Accounts payable and accrued expenses$0$0$0$0$30,609$80,727$39,906$36,754
Grants payable$0$0$0$62,853$0$0$0$0
Deferred revenue$53,857$70,676$85,472$0$28,195$36,268$44,944$197,435
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$200,000$0$0$0
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$15,824,421$13,976,822$13,372,749$14,470,521$16,105,656$16,957,455$19,006,312$17,838,470
Total net assets or fund balances$15,770,564$13,906,146$13,287,277$14,407,668$15,846,852$16,840,460$18,921,462$17,604,281
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$1,398,261$1,452,440$1,462,397$1,779,833$2,869,390$1,927,169$1,922,856$2,150,907
Total revenue, gains, and other support per audited financial statements$150,136$-562,330$830,969$2,569,322$2,897,832$2,611,862$3,769,517$631,501
Other expenses$0$0$-619,991$801,311$44,082$705,982$1,878,052$-1,493,746
Net unrealized gains on investments$0$0$-619,991$801,311$44,082$705,982$1,878,052$-1,493,746
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$1,248,125$2,014,770$11,437$11,822$15,640$21,289$31,391$25,660
Investment expenses$12,296$13,372$10,001$11,822$15,640$21,289$31,391$25,660
Other$1,235,829$2,001,398$1,436$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$1,145,507$1,317,063$1,461,275$1,460,753$1,474,288$1,639,543$1,719,906$1,974,642
Total expenses and losses per audited financial statements$1,131,880$1,302,087$1,449,838$1,448,931$1,458,648$1,618,254$1,688,515$1,948,982
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$13,627$14,976$11,437$11,822$15,640$21,289$31,391$25,660
Investment expenses$12,296$13,372$10,001$11,822$15,640$21,289$31,391$25,660
Other$1,331$1,604$1,436$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings17
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$333,144$314,819
Program service revenue
Program service revenue 1000000$000$0$19,364
Program service revenue 2000000$000$0$177,994
Program service revenue 3000000$000$0$79,191
Program service revenue 4000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$17,376$0
Program service revenue 5000000$000$0$6,640
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$31,630
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$146,958$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$74,375$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$11,968$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$82,467$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType II
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
231365388Philadelphia Museum Of ArtOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
Total$0
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Samuel S Fleisher Art Memorial Inc to others? (optional)
  
Add photo of Samuel S Fleisher Art Memorial Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Light Of The World Ministries in Philadelphia, PA
*****
Florence Cowanova School Of Dance in Philadelphia, PA
Norris Community Resident Council Inc in Philadelphia, PA
*
Antioch Christian Fellowship in Philadelphia, PA
*****
Iron Sharpens Iron in Philadelphia, PA
****•
Trinity Recovery Network Inc in Philadelphia, PA
Amici Opera Company in Philadelphia, PA
*****
City Youth Association Gators in Philadelphia, PA
*****
Victory House International Ministries Inc in Philadelphia, PA
*****
Holy Church Of The Living God Inc in Philadelphia, PA
****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Samuel S Fleisher Art Memorial IncPO BOX 7646, Philadelphia, PA 19101-7646PA1983-10$2,880,483
2Studio Art Centers International Inc50 Broad Street, New York, NY 10004-2307NY1977-11$5,123,289
3Skowhegan School Of Painting And Sculpture Inc136 West 22nd Street, New York, NY 10011-2424NY1947-07$3,483,494
4Main Line Art Center746 Panmure Rd, Haverford, PA 19041-1218PA1939-06$3,299,611
5Young Audience Inc, New Orleans Chapter615 Baronne St Ste 201, New Orleans, LA 70113-1060LA1963-12$3,213,327
6Young Audiences Of New Jersey200 Forrestal Road, Princeton, NJ 08540-6605NJ1975-01$3,128,519
7Urban Gateways205 W Randolph St Ste 1700, Chicago, IL 60606-1814IL1964-01$2,651,797
8Young Audiences Of Maryland Inc2600 N Howard Street No 1300, Baltimore, MD 21218-4507MD1959-06$2,560,413
9Young Audiences-New York IncOne East 53rd St 9th Fl, New York, NY 10022-4200NY1970-05$2,463,136
10Vsa Arts Of New Mexico Inc4904 4th St Nw, Albuquerque, NM 87107-3906NM1987-01$1,885,979
11Young Audiences Of Oregon Inc1220 Sw Morrison St Ste 1000, Portland, OR 97205-2229OR1964-06$1,698,817
12The Metropolitan Center For The Visual Arts Inc155 Gibbs St Ste 300, Rockville, MD 20850-0352MD1990-04$1,561,169
13Victor Association Of Cultural And Performing Arts Inc630 Crowley Rd, Farmington, NY 14425-9525NY1984-04$1,430,232
14Artreach Inc1501 Cherry St, Philadelphia, PA 19102-1403PA1996-06$472,784
15Institute For The Arts In Education1315 Cherry St Fl 6, Philadelphia, PA 19107PA1990-05$71,484
16Ezio Pinza Council For American Singers Of Opera121 Woodlawn Ave, Pittsburgh, PA 15202-3940PA1985-05$47,045
17Little Pond Foundation92 S Penn Dixie Rd, Nazareth, PA 18064-8918PA1997-06$35,455
18Chester Fine Arts Center East Inc17 E 7th St, Chester, PA 19013-4211PA1995-12$30,751
19Networkarts Philadelphia, Networkarts209 Gribbel Rd, Wyncote, PA 19095PA1993-07$0
20Opera Outreach Inc4108 Mcintosh Rd, Harrisburg, PA 17112-1928PA1982-06$0
Number of organizations performing similar types of work
Alaska1
Alabama2
Arkansas1
Arizona4
California33
Colorado5
Connecticut6
District of Columbia7
Delaware2
Florida15
Georgia6
Hawaii2
Iowa2
Idaho3
Illinois14
Indiana3
Kansas1
Kentucky2
Louisiana2
Massachusetts15
Maryland6
Maine3
Michigan10
Minnesota6
Missouri5
Mississippi1
Montana1
North Carolina8
North Dakota3
New Hampshire6
New Jersey13
New Mexico4
Nevada1
New York48
Ohio10
Oklahoma1
Oregon6
Pennsylvania9
Rhode Island3
South Carolina2
Tennessee2
Texas10
Utah1
Virginia7
Vermont3
Washington8
Wisconsin6
West Virginia1
Total310

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Samuel S Fleisher Art Memorial Inc and has no official or unofficial affiliation with Samuel S Fleisher Art Memorial Inc