Lourie Theater Coporation in St George, South Carolina (SC)
Table of contents:
Lourie Theater Coporation | |
Employer Identification Number (EIN) | 570942201 |
Name of Organization | Lourie Theater Coporation |
In Care of Name | Isadore E Lourie |
Address | PO BOX 584, St George, SC 29477-0584 |
Activities | Community theatrical group |
Subsection | Charitable Organization |
Ruling Date | 06/1992 |
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 | $10,000 to $24,999 |
Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
Asset Amount | $423,257 |
Amount of Income | $14,802 |
Form 990 Revenue Amount | $14,802 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Theater |
Non-representatives - add comments:
Amount of income in 2013: $14,802 (it was $17,788 in 2012)
Lourie Theater Coporation: | $14,802 |
Other organizations performing similar types of work: | $152,552 |
Assets in 2013: $423,257 (it was $438,516 in 2012)
This organization: | $423,257 |
Other organizations performing similar types of work: | $147,528 |
Expenses in 2013: $30,060
Lourie Theater Coporation: | $30,060 |
Other organizations performing similar types of work: | $149,497 |
Income to expenses ratio in 2013: 0.5
Lourie Theater Coporation: | 0.5 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 88.5%
Lourie Theater Coporation: | 88.5% |
Other organizations performing similar types of work: | 39.0% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $41,236 | $17,788 | $14,802 |
Contributions, gifts, grants, and similar amounts received | $39,446 | $17,755 | $13,100 |
Program service revenue including government fees and contracts | $1,790 | $33 | $1,702 |
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 | $0 | $0 | $0 |
Total expenses | $53,512 | $28,106 | $30,060 |
Total net assets | $448,834 | $438,516 | $423,257 |
Excess/Deficit for the year | $-12,276 | $-10,318 | $-15,258 |
Net assets or fund balances at beginning of year | $461,110 | $448,834 | $438,515 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $438,516 | $423,257 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $448,834 | $438,516 | $423,257 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $448,834 | $438,516 | $423,257 |
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 | $116,945 |
Subtotal Support | $116,945 |
Gifts, grants, contributions, and membership fees received | $116,945 |
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 | $120,955 |
Public Support | $116,945 |
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 | $4,010 |
Gross receipts from related activities, etc. | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Oconee Community Theater Inc | PO BOX 291, Seneca, SC 29679-0291 | SC | 1979-08 | $232,579 |
2 | Charleston Stage Company | PO BOX 356, Charleston, SC 29402-0356 | SC | 1980-08 | $1,711,261 |
3 | The Warehouse Theatre | 37 Augusta St, Greenville, SC 29601-3501 | SC | 1975-01 | $1,246,886 |
4 | Greenville Little Theatre | 444 College St, Greenville, SC 29601-2017 | SC | 1949-10 | $1,160,672 |
5 | Spartanburg Little Theatre Inc | 200 E Saint John St, Spartanburg, SC 29306-5124 | SC | 1962-03 | $692,956 |
6 | Florence Little Theatre | 417 South Dargan Street, Florence, SC 29506-2543 | SC | 1968-02 | $564,986 |
7 | Columbia Stage Society | 1012 Sumter St, Columbia, SC 29201-3716 | SC | 1952-10 | $516,330 |
8 | Theatre Of The Republic Inc | 337 Main St, Conway, SC 29526-5132 | SC | 1974-01 | $495,872 |
9 | Footlight Players Inc | 20 Queen St, Charleston, SC 29401-2809 | SC | 1952-03 | $395,154 |
10 | Workshop Theatre Of South Carolina | PO BOX 11555, Columbia, SC 29211-1555 | SC | 1967-06 | $278,048 |
11 | Aiken Community Playhouse Inc | PO BOX 125, Aiken, SC 29802-0125 | SC | 1964-07 | $243,918 |
12 | The Main Street Youth Theatre Inc | PO BOX 5254, Hilton Head, SC 29938-5254 | SC | 1998-08 | $229,350 |
13 | South Carolina Repertory Company | 4 Mossy Oaks Ln, Hilton Head, SC 29926-2360 | SC | 1994-06 | $219,332 |
14 | Greenwood Community Theatre Inc | 110 Main St, Greenwood, SC 29646-2763 | SC | 1965-12 | $152,530 |
15 | Clemson Little Theatre | PO BOX 1625, Clemson, SC 29633-1625 | SC | 1982-03 | $149,071 |
16 | Electric City Playhouse | PO BOX 686, Anderson, SC 29622-0686 | SC | 1984-12 | $79,854 |
17 | Sumter Little Theatre | 14 Mood Ave, Sumter, SC 29150-4508 | SC | 1966-04 | $78,781 |
18 | The Orangeburg Part-Time Players | PO BOX 1291, Orangeburg, SC 29116-1291 | SC | 1984-10 | $76,220 |
19 | The Fort Mill Community Playhouse Inc | PO BOX 354, Fort Mill, SC 29716-0354 | SC | 1985-10 | $58,157 |
20 | Newberry Community Players Inc | Po Box 776, Newberry, SC 29108 | SC | 1980-09 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,933 |
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