Interfraternity Council Of The University Of Texas in Austin, Texas (TX)

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Interfraternity Council Of The University Of Texas
Employer Identification Number (EIN)741471313
Name of OrganizationInterfraternity Council Of The University Of Texas
Address100 W Dean Keaton 4 400, Austin, TX 78712-1091
ActivitiesFraternity or sorority
SubsectionPleasure, Recreational, or Social Club
Ruling Date03/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$153,070
Amount of Income$71,258
Form 990 Revenue Amount$71,258


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$60,798$53,166
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$57,700$50,663
Investment income$3,098$2,503
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$30,221$41,831
Total net assets$162,456$173,476
Excess/Deficit for the year$30,577$11,335
Net assets or fund balances at beginning of year$132,350$162,456
Other changes in net assets or fund balances$-471$-315
Net assets or fund balances at end of year$173,476
Balance Sheets
20122013
Total assets$162,456$173,476
Total liabilities$0$0
Net assets or fund balances$162,456$173,476
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYesYes
Has the organization filed a Form 990-T for the year?Yes
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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