Raven Drum Foundation in Beverly Hills, California (CA)

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Raven Drum Foundation
Employer Identification Number (EIN)954850899
Name of OrganizationRaven Drum Foundation
In Care of NameUniversal Advisory Services Inc
Address9595 Wilshire Blvd Ste 900, Beverly Hills, CA 90212-2509
SubsectionCharitable Organization
Ruling Date04/2001
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$169,783
Amount of Income$120,728
Form 990 Revenue Amount$120,728
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Music Groups, Bands, Ensembles

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Amount of income in 2011: $120,728 (it was $83,121 in 2010)
Raven Drum Foundation: 

Other organizations performing similar types of work: 


Assets in 2011: $169,783 (it was $135,438 in 2010)
Raven Drum Foundation: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue 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?No
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$120,728
Contributions, Gifts, Grants and Other Similar Amounts$118,236
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$17
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$2,000
Gross income from fundraising events$2,000
Less: direct expenses$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$475
Statement of Functional Expenses (for 2011)
Total functional expenses$86,170
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$169,783
Total liabilities$15,000
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
Total net assets or fund balances$154,783
Retained earnings, endowment, accumulated income, or other funds$154,783
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$519,222
Gifts, grants, contributions, and membership fees received$503,440
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$9,857
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$5,925
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Number of organizations performing similar types of work
District of Columbia6
North Carolina34
North Dakota5
New Hampshire16
New Jersey40
New Mexico18
New York126
Rhode Island5
South Carolina14
South Dakota5
West Virginia6

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