World Eskimo-Indian Olympics Inc in Fairbanks, Alaska (AK)

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World Eskimo-Indian Olympics Inc
Employer Identification Number (EIN)920100207
Name of OrganizationWorld Eskimo-Indian Olympics Inc
AddressPO BOX 72433, Fairbanks, AK 99707-2433
ActivitiesIndians (tribes, cultures, etc.)
SubsectionCharitable Organization
Ruling Date11/1986
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$62,106
Amount of Income$188,441
Form 990 Revenue Amount$169,696
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Cultural, Ethnic Awareness


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Amount of income in 2012: $188,441 (it was $273,977 in 2011)
World Eskimo-Indian Olympics Inc: 

 $188,441
Other organizations performing similar types of work: 

 $119,160

Assets in 2012: $62,106 (it was $43,370 in 2011)
This organization: 

 $62,106
Other organizations performing similar types of work: 

 $162,244

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$231,984
Contributions, Gifts, Grants and Other Similar Amounts$45,622
Program Service Revenue$128,289
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$66,596
Gross income from gaming activities$66,596
Less: direct expenses$0
Net loss from sales of inventory$-8,524
Gross sales of inventory, less returns and allowances$33,469
Less: cost of goods sold$41,993
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$259,842
Compensation of current officers, directors, trustees, and key employees$34,092
Other salaries and wages$0
Payroll taxes$3,507
Professional fundraising services$0
Other$222,243
Balance Sheet (for 2011)
Total assets$43,370
Total liabilities$341
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$341
Total net assets or fund balances$43,029
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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 2011)
2007 - 2011 Total
Total Support$256,605
Gifts, grants, contributions, and membership fees received$256,591
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$14
Gross receipts from related activities, etc.$87,746
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$27,151$0$2,715
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$2,715$0$2,715
Deductions Not Taken Elsewhere (for 2009)
Total deductions$32,604
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$32,604
Unrelated business taxable income$-29,889
Unrelated business taxable income before net operating loss deduction$-29,889
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-29,889
Specific deduction$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Skirball Cultural Center2701 N Sepulveda Blvd, Los Angeles, CA 90049-6833CA1995-08$74,259,031
2Polynesian Cultural Center55-370 Kam Hwy, Laie, HI 96762-2113HI1941-07$59,408,950
3Japan Society Inc333 E 47th St, New York, NY 10017-2313NY1952-11$25,702,546
4Alaska Native Heritage Center Inc8800 Heritage Center Dr, Anchorage, AK 99504-6100AK1995-02$5,551,783
5National Yiddish Book Center Inc1021 West St, Amherst, MA 01002-3375MA1980-06$4,648,046
6Japanese Cultural Center Of Hawaii2454 S Beretania Street, Honolulu, HI 96826-1524HI1992-07$4,222,200
7Organized Village Of Kwethluk, Kwethluk Native Store4025 Delridge Way Sw Ste 300, Seattle, WA 98106-1279WA1949-04$2,150,517
8Ukrainian Institute Of America Inc2 E 79th St, New York, NY 10075-0106NY1954-04$2,145,977
9Celtic Fest Inc532 Main St, Bethlehem, PA 18018-5801PA1995-10$989,512
10Armenian Society Of Los Angeles117 S Louise St, Glendale, CA 91205CA1982-08$751,083
11L Alliance Francaise De Miami Inc618 Sw 8th St, Miami, FL 33130-3309FL1981-05$685,009
12Gaelic Events Club6119 147th St, Oak Forest, IL 60452-1087IL1981-09$609,423
13Providence Black Repertory Company276 Westminster St, Providence, RI 02903-3416RI1997-10$585,253
14Inuit Circumpolar Council-Alaska3900 Arctic Blvd Ste 203, Anchorage, AK 99503-5781AK1985-03$877,830
15World Eskimo-Indian Olympics IncPO BOX 72433, Fairbanks, AK 99707-2433AK1986-11$188,441
16Alaskan Scottish Club IncPO BOX 224416, Anchorage, AK 99522AK1985-05$123,463
17Gwichin Steering Committee122 1st Ave, Fairbanks, AK 99701-4803AK1990-11$108,212
18German ClubPO BOX 100934, Anchorage, AK 99510-0934AK1987-03$26,813
19Kootznoowoo Cultural And Educational Foundation Inc8585 Old Dairy Road, Juneau, AK 99801AK1995-09$0
20North American Traditional Indian Values Enrichment Program IncPo Box 2212, Sitka, AK 99835AK1994-05$0
Number of organizations performing similar types of work
Alaska12
Alabama4
Arkansas1
Arizona17
California193
Colorado12
Connecticut28
District of Columbia9
Delaware7
Florida40
Georgia25
Hawaii34
Iowa6
Idaho2
Illinois47
Indiana12
Kansas7
Kentucky6
Louisiana9
Massachusetts53
Maryland33
Michigan20
Minnesota30
Missouri22
Mississippi2
Montana3
North Carolina18
North Dakota4
Nebraska1
New Hampshire3
New Jersey37
New Mexico12
Nevada5
New York120
Ohio50
Oklahoma8
Oregon15
Pennsylvania35
Rhode Island5
South Carolina2
Tennessee10
Texas72
Utah4
Virginia24
Vermont1
Washington20
Wisconsin23
West Virginia1
International1
Total1,105

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