Art Space, Artspace Artspace Gallery in Richmond, Virginia (VA)

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Art Space, Artspace Artspace Gallery
Employer Identification Number (EIN)621375828
Name of OrganizationArt Space
Secondary NameArtspace Artspace Gallery
In Care of NameDana Frostick
Address0 E 4th Street, Richmond, VA 23224
Websitehttp://www.artspacegallery.org
SubsectionCharitable Organization
Ruling Date06/1990
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$4,193
Amount of Income$43,666
Form 990 Revenue Amount$43,666


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$50,821
Contributions, gifts, grants, and similar amounts received$10,177
Program service revenue including government fees and contracts$11,125
Membership dues and assessments$12,270
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$4,131
Gross income from gaming$0
Gross income from fundraising events$6,146
Less: direct expenses from gaming and fundraising events$2,015
Gross profit from sales of inventory$10,030
Gross sales of inventory, less returns and allowances$10,030
Less: cost of goods sold$0
Other revenue$3,088
Total expenses$49,997
Total net assets$-736
Excess for the year$824
Net assets or fund balances at beginning of year$-1,560
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$2,264
Total liabilities$3,000
Net assets or fund balances$-736
Other Information (for 2012)
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 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$106,702
Gifts, grants, contributions, and membership fees received$106,702
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$0
Gross receipts from related activities, etc.$121,223
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