Friends Of Dresden Music Foundation, Model Room Musicales in Newport, Rhode Island (RI)

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Friends Of Dresden Music Foundation, Model Room Musicales
Employer Identification Number (EIN)010623734
Name of OrganizationFriends Of Dresden Music Foundation
Secondary NameModel Room Musicales
In Care of NameEdwin G Fischer MD
Address8 Halidon Avenue, Newport, RI 02840
SubsectionCharitable Organization
Ruling Date07/2002
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 Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$42,695
Amount of Income$12,435
Form 990 Revenue Amount$12,435
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Fund Raising and/or Fund Distribution


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Amount of income in 2013: $12,435 (it was $0 in 2012)
This organization: 

 $12,435
Other organizations performing similar types of work: 

 $82,884

Assets in 2013: $42,695 (it was $0 in 2012)
Friends Of Dresden Music Foundation, Model Room Musicales: 

 $42,695
Other organizations performing similar types of work: 

 $56,205

Expenses in 2011: $1,132
This organization: 

 $1,132
Other organizations performing similar types of work: 

 $50,053

Income to expenses ratio in 2011: 11.0
Friends Of Dresden Music Foundation, Model Room Musicales: 

 11.0
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2011: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 71.1%

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$12,435
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$60
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$3,308
Gross income from gaming$0
Gross income from fundraising events$22,700
Less: direct expenses from gaming and fundraising events$19,392
Gross profit from sales of inventory$0
Other revenue$9,067
Total expenses$1,132
Total net assets$42,695
Excess for the year$11,303
Net assets or fund balances at beginning of year$31,392
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$42,695
Total liabilities$0
Net assets or fund balances$42,695
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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 2011)
2007 - 2011 Total
Total support$165,244
Gifts, grants, contributions, and membership fees received$8,000
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$144,479
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$3,698
Other$9,067
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Number of organizations performing similar types of work
Alaska2
Alabama1
Arkansas2
Arizona10
California118
Colorado27
Connecticut6
District of Columbia11
Delaware7
Florida57
Georgia23
Hawaii7
Iowa10
Idaho2
Illinois29
Indiana12
Kansas7
Kentucky12
Louisiana11
Massachusetts29
Maryland17
Maine3
Michigan24
Minnesota10
Missouri12
Mississippi3
Montana6
North Carolina24
North Dakota4
Nebraska6
New Hampshire2
New Jersey16
New Mexico11
Nevada8
New York92
Ohio18
Oklahoma6
Oregon12
Pennsylvania23
Rhode Island3
South Carolina8
South Dakota4
Tennessee18
Texas62
Utah14
Virginia30
Vermont1
Washington22
Wisconsin7
West Virginia5
Wyoming2
International2
Total858

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