Mineola League Of The Arts in Mineola, Texas (TX)

Organization representatives - add corrected or new information about Mineola League Of The Arts »

Non-representatives - add comments about Mineola League Of The Arts»

Mineola League Of The Arts
Employer Identification Number (EIN)752298930
Name of OrganizationMineola League Of The Arts
Address200 W Blair St, Mineola, TX 75773-1603
ActivitiesCultural performances
SubsectionCharitable Organization
Ruling Date04/1992
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$305,633
Amount of Income$59,899
Form 990 Revenue Amount$47,921


Non-representatives - add comments:


CAPTCHA

Your IP address 13.59.114.228 will be logged.

Financial snapshot ($)

Revenue for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$78,361$197$985
Contributions, gifts, grants, etc., received$74,876
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$2,500
Gross profit from sales of goods$985
Gross sales less returns and allowances$-673
Less: Cost of goods sold$1,658
Other income$0
Total expenses and disbursements$92,688$0$0$550
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$92,688$0$550
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$-14,327
Net investment income$197
Adjusted net income$985
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$288,620$230,939
Cash - non-interest-bearing$49,074
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$239,546
Total liabilities$223
Mortgages and other notes payable$0
Other$223
Total liabilities and net assets/fund balances$288,397
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$2
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$2
Overpayment$0
Amount to be credited to 2013 estimated tax$0
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?Yes
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$54,075
Net value of noncharitable-use assets$5,080
Minimum investment return$254
Distributable Amount (for 2012)
Distributable amount$0
Undistributed Income (for 2012)
Distributable amount for 2012$0
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$254$254
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$1$0$0$0$1
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$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 Mineola League Of The Arts to others? (optional)
  
Add photo of Mineola League Of The Arts (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»
Other organizations in Texas
IdNameAddressStateEstablishedTotal Income
1Mims Volunteer Fire Dept12728 Fm 729, Avinger, TX 75630-8470TX1997-03$154,880
2Mims Water Supply Corporation12688 Fm 729, Avinger, TX 75630-2410TX1990-06$430,292
3Mind Brain Body And Health Initiative2200 Market St Ste 400, Galveston, TX 77550-1532TX2001-04$1
4Mind Science Foundation117 W El Prado Dr, San Antonio, TX 78212-2024TX1960-08$558,893
5Minden-Brachfield Water Supply CorporationPO BOX 136, Minden, TX 75680-0136TX1983-01$293,928
6Mineola Caring & Sharing Inc101 E Broad St, Mineola, TX 75773-2001TX1996-02$25,088
7Mineola Chamber Of CommercePO BOX 68, Mineola, TX 75773-0068TX1948-03$75,485
8Mineola Country Club975 W Loop 564, Mineola, TX 75773-3036TX$456,254
9Mineola Foundation IncPO BOX 68, Mineola, TX 75773-0068TX2002-05$659
10Mineola Kindness Kottage Inc119 N Johnson St, Mineola, TX 75773-2010TX1987-11$166,172
11Mineola League Of The Arts200 W Blair St, Mineola, TX 75773-1603TX1992-04$59,899
12Mineola Memorial Library Inc301 N Pacific St, Mineola, TX 75773-1711TX1980-02$500,294
13Mineola United Way Trust242 Sue Ln, Mineola, TX 75773-1332TX1989-09$877
14Mineola Volunteer Fire Department TrustPO BOX 179, Mineola, TX 75773-0179TX1989-09$36,518
15Mineola Youth Foundation IncPO BOX 61, Mineola, TX 75773-0061TX1967-03$201,247
16Mineoola Volunteer Fire DepartmentPO BOX 179, Mineola, TX 75773-0179TX1989-06$79,274
17Mineral Wells Area Chamber Of CommercePO BOX 1408, Mineral Wells, TX 76068-1408TX1944-05$479,663
18Mineral Wells High School Project Graduation Inc3801 Ram Blvd, Mineral Wells, TX 76067-9117TX1997-03$61,881
19Mineral Wells Industrial Foundation IncPO BOX 1098, Mineral Wells, TX 76068-1098TX1966-12$186,520
20Mineral Wells Ram Band Fan Club IncPo Box 458, Mineral Wells, TX 76068TX2003-09$19,252

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Mineola League Of The Arts and has no official or unofficial affiliation with Mineola League Of The Arts