Valley Symphonic Concerts Inc in Staunton, Virginia (VA)

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Valley Symphonic Concerts Inc
Employer Identification Number (EIN)541432418
Name of OrganizationValley Symphonic Concerts Inc
In Care of NameRobert Masincup
AddressPo Box 1048, Staunton, VA 24402
ActivitiesCultural performances
SubsectionCharitable Organization
Ruling Date09/1995
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,148
Amount of Income$44,218
Form 990 Revenue Amount$44,218
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Symphony Orchestras


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Amount of income in 2013: $44,218 (it was $48,733 in 2012)
This organization: 

 $44,218
Other organizations performing similar types of work: 

 $44,218

Assets in 2013: $2,148 (it was $2,148 in 2012)
This organization: 

 $2,148
Other organizations performing similar types of work: 

 $2,148

Expenses in 2012: $49,398
This organization: 

 $49,398
Other organizations performing similar types of work: 

 $49,398

Income to expenses ratio in 2012: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2012: 63.4%
Valley Symphonic Concerts Inc: 

 63.4%
Other organizations performing similar types of work: 

 63.4%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$44,218
Contributions, gifts, grants, and similar amounts received$28,033
Program service revenue including government fees and contracts$15,587
Membership dues and assessments$0
Investment income$23
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$575
Gross income from gaming$0
Gross income from fundraising events$5,090
Less: direct expenses from gaming and fundraising events$4,515
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$49,398
Total net assets$2,148
Deficit for the year$-5,180
Net assets or fund balances at beginning of year$7,328
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$2,148
Total liabilities$0
Net assets or fund balances$2,148
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$132,241
Gifts, grants, contributions, and membership fees received$132,080
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$161
Gross receipts from related activities, etc.$15,587
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