Charlotte News Inc in Charlotte, Vermont (VT)

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Charlotte News Inc
Employer Identification Number (EIN)030370291
Name of OrganizationCharlotte News Inc
In Care of NameHeather Manning
AddressPO BOX 251, Charlotte, VT 05445-0251
SubsectionCivic League
Ruling Date07/2006
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$25,883
Amount of Income$108,434
Form 990 Revenue Amount$108,434
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Printing, Publishing


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Amount of income in 2013: $108,434 (it was $94,941 in 2012)
This organization: 

 $108,434
Other organizations performing similar types of work: 

 $74,180

Assets in 2013: $25,883 (it was $22,520 in 2012)
This organization: 

 $25,883
Other organizations performing similar types of work: 

 $36,407

Expenses in 2013: $107,862
This organization: 

 $107,862
Other organizations performing similar types of work: 

 $68,868

Income to expenses ratio in 2013: 1.0
Charlotte News Inc: 

 1.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 23.1%
Charlotte News Inc: 

 23.1%
Other organizations performing similar types of work: 

 68.1%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$102,727$94,941$108,434
Contributions, gifts, grants, and similar amounts received$16,363$16,432$25,071
Program service revenue including government fees and contracts$86,364$78,509$83,363
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$102,025$103,546$107,862
Total net assets$30,416$21,811$22,383
Excess/Deficit for the year$702$-8,605$572
Net assets or fund balances at beginning of year$29,714$30,416$21,811
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$21,811$22,383
Balance Sheets
201120122013
Total assets$30,416$22,520$25,883
Total liabilities$0$709$3,500
Net assets or fund balances$30,416$21,811$22,383
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYesYesYes
Has the organization filed a Form 990-T for the year?YesYes
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Orton Family Foundation120 Graham Way Ste 126, Shelburne, VT 05482-7217VT1995-08$13,011,706
2Society For The Study Of Native Arts & Sciences, North Atlantic Books2526 Martin Luther King Jr Way, Berkeley, CA 94704-2607CA1981-02$7,165,169
3Machon Mashe Rockeach Inc1544 48th St, Brooklyn, NY 11219-3249NY2010-04$3,782,198
4Mirror-Mirror Productions Inc7 Masons Island Rd Ste 3, Mystic, CT 06355-2938CT2013-04$3,723,358
5Talking Book Publishers Inc1055 W Arizona Ave, Denver, CO 80223-3104CO2001-05$2,987,513
6The Book Arts Press Inc114 Alderman Library, Charlottesvle, VA 22903-2444VA2001-09$2,653,510
7Skeptic Society2761 N Marengo, Alta Dena, CA 91001-2204CA1996-02$1,551,780
8TruthoutPO BOX 276414, Sacramento, CA 95827-6414CA2005-04$1,424,687
9Project Veritas815 Brazos St Ste 701, Austin, TX 78701-2509TX2011-03$1,201,646
10Safer Society Foundation Inc, Safer Society Press29 Union St, Brandon, VT 05733-1128VT1995-09$1,038,476
11Sustainability Institute IncPO BOX 1012, Norwich, VT 05055-1012VT1997-04$844,538
12Vermont Independent Media Inc139 Main St Rm 604, Brattleboro, VT 05301-2871VT2006-06$373,233
13Charlotte News IncPO BOX 251, Charlotte, VT 05445-0251VT2006-07$108,434
14Bloodroot Literary MagazinePo Box 322, Thetford Center, VT 05075VT2009-04$0
15Glad Day BooksPO BOX 112, Thetford, VT 05074-0112VT2003-03$0
16Marlboro Review IncPO BOX 243, Marlboro, VT 05344-0243VT1997-05$0
17Mount Holly Chitchat Inc3379 Shunpike Road, Mount Holly, VT 05758VT2007-09$0
18Music & Literature Inc7 Baird Street 1, Montpelier, VT 05602VT2013-02$0
19PeacequestPob 80, Vergennes, VT 05491VT2001-03$0
20Vermont Sunshine Society318 Plateau Acres, Bradford, VT 05033VT2003-12$0
Number of organizations performing similar types of work
Alaska3
Alabama5
Arkansas2
Arizona14
California170
Colorado28
Connecticut15
District of Columbia20
Delaware4
Florida36
Georgia10
Hawaii6
Iowa3
Idaho2
Illinois47
Indiana12
Kansas11
Kentucky4
Louisiana4
Massachusetts47
Maryland26
Maine9
Michigan22
Minnesota28
Missouri11
Mississippi3
Montana5
North Carolina30
Nebraska4
New Hampshire11
New Jersey25
New Mexico9
Nevada4
New York124
Ohio21
Oklahoma4
Oregon27
Pennsylvania33
Rhode Island6
South Carolina6
South Dakota1
Tennessee12
Texas62
Utah4
Virginia37
Vermont12
Washington24
Wisconsin19
West Virginia5
Wyoming5
International3
Total1,035

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