Opus Oaks The Art Place Inc in Berryville, Virginia (VA)
Table of contents:
Opus Oaks The Art Place Inc | |
Employer Identification Number (EIN) | 200421372 |
Name of Organization | Opus Oaks The Art Place Inc |
In Care of Name | Gale Bowmanharlow |
Address | 2330 Crums Church Rd, Berryville, VA 22611-2020 |
Subsection | Educational Organization |
Ruling Date | 02/2005 |
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 | 08/2014 |
Assets | $1 to $9,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $1,280 |
Amount of Income | $94,400 |
Form 990 Revenue Amount | $93,041 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts, Cultural Organizations - Multipurpose |
Non-representatives - add comments:
Amount of income in 2014: $94,400 (it was $83,079 in 2013)
Opus Oaks The Art Place Inc: | $94,400 |
Other organizations performing similar types of work: | $59,050 |
Assets in 2014: $1,280 (it was $2,231 in 2013)
This organization: | $1,280 |
Other organizations performing similar types of work: | $25,518 |
Expenses in 2013: $83,854
Opus Oaks The Art Place Inc: | $83,854 |
Other organizations performing similar types of work: | $51,518 |
Income to expenses ratio in 2013: 1.1
This organization: | 1.1 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 55.9%
This organization: | 55.9% |
Other organizations performing similar types of work: | 1.3% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
2012 | 2013 | |
---|---|---|
Total revenue | $74,900 | $83,079 |
Contributions, gifts, grants, and similar amounts received | $34,017 | $46,476 |
Program service revenue including government fees and contracts | $40,828 | $35,168 |
Membership dues and assessments | $0 | $0 |
Investment income | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $1,420 |
Gross income from gaming | $0 | $0 |
Gross income from fundraising events | $0 | $1,420 |
Less: direct expenses from gaming and fundraising events | $0 | $0 |
Gross profit/loss from sales of inventory | $55 | $15 |
Gross sales of inventory, less returns and allowances | $737 | $1,271 |
Less: cost of goods sold | $682 | $1,256 |
Other revenue | $0 | $0 |
Total expenses | $74,769 | $83,854 |
Total net assets | $2,158 | $1,383 |
Excess/Deficit for the year | $131 | $-775 |
Net assets or fund balances at beginning of year | $2,027 | $2,158 |
Other changes in net assets or fund balances | $0 | $0 |
Net assets or fund balances at end of year | $2,158 | $1,383 |
Balance Sheets | ||
2012 | 2013 | |
---|---|---|
Total assets | $2,343 | $2,231 |
Total liabilities | $185 | $848 |
Net assets or fund balances | $2,158 | $1,383 |
Other Information | ||
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 |
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 |
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 | 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: (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 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public support | $316,045 |
Subtotal | $383,460 |
Gifts, grants, contributions, and membership fees received | $179,535 |
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 | $203,925 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
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 |
Less | $67,415 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $67,415 |
Total support | $383,460 |
Public support | $383,460 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Womans Art Club Of Cincinnati Foundation | 6980 Cambridge Ave, Cincinnati, OH 45227-3362 | OH | 2007-03 | $122,085 |
2 | William King Museum Of Art | 415 Academy Dr Nw, Abingdon, VA 24210-2617 | VA | 1992-08 | $1,314,021 |
3 | Suffolk Center For Cultural Arts Foundation | 110 W Finney Ave, Suffolk, VA 23434-5265 | VA | 2002-02 | $1,127,519 |
4 | Torpedo Factory Art Center Board Inc | 105 N Union St, Alexandria, VA 22314-3217 | VA | 2011-06 | $966,982 |
5 | Virginia Business Higher Education Council | 1108 E Main St Ste 1100, Richmond, VA 23219-3535 | VA | 1997-05 | $741,950 |
6 | Wayne Theatre Alliance Inc | PO BOX 1821, Waynesboro, VA 22980-7521 | VA | 2001-02 | $502,652 |
7 | Rpac Opportunities Initiative | 901 E Cary St, Richmond, VA 23219-4063 | VA | 2010-02 | $349,666 |
8 | Karabakh Foundation | 2124 Natahoa Ct, Falls Church, VA 22043-1948 | VA | 2010-05 | $310,524 |
9 | Tidewater Arts Outreach | 809 Brandon Ave Ste 300, Norfolk, VA 23517-1676 | VA | 2004-05 | $185,710 |
10 | Gallery5 | 200 W Marshall St, Richmond, VA 23220-3932 | VA | 2009-08 | $176,587 |
11 | Giving Light | 15 Stephanies Rd, Hampton, VA 23666-2896 | VA | 2012-09 | $164,918 |
12 | Us-Korea Arts Foundation | 8996 Burke Lake Suite L106, Burke, VA 22015 | VA | 2009-05 | $157,628 |
13 | American Swing | 11650 Forest Hill Court, Farifax, VA 22030 | VA | 2008-08 | $134,995 |
14 | Teo Chew Association Of Greater Washington Inc | 6720 Arlington Blvd, Falls Church, VA 22042-2105 | VA | 1998-07 | $124,960 |
15 | Virginia Beach Educational Broadcast Foundation Inc | 3500 Virginia Beach Blvd Ste 201, Virginia Bch, VA 23452-4445 | VA | 2014-06 | $112,209 |
16 | Art In Public Places | PO BOX 1502, Bristol, VA 24203-1502 | VA | 2010-06 | $103,933 |
17 | Rockingham Council Of The Arts Inc, Shenandoah Council Of The Arts | 103 S Main St, Harrisonburg, VA 22801-3602 | VA | 2000-08 | $103,369 |
18 | Breakthrough Art Foundation | 650 Walker Road, Great Falls, VA 22066 | VA | 2010-06 | $92,573 |
19 | New City Arts Initiative | PO BOX 1293, Charlottesvle, VA 22902-1293 | VA | 2010-07 | $85,156 |
20 | Bridge Pai | PO BOX 239, Charlottesvle, VA 22902-0239 | VA | 2010-08 | $84,063 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 6,763 |
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