Bead Society Of Greater Washington in Washington, District of Columbia (DC)

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Bead Society Of Greater Washington
Employer Identification Number (EIN)521296655
Name of OrganizationBead Society Of Greater Washington
In Care of NameTimothy E Morgan
AddressPo Box 42519, Washington, DC 20015
Websitehttp://www.bsgw.org
ActivitiesDiscussion groups, forums, panels lectures, etc., Art exhibit
SubsectionCharitable Organization
Ruling Date06/1987
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$88,376
Amount of Income$55,466
Form 990 Revenue Amount$55,466
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Research Institutes and/or Public Policy Analysis


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Amount of income in 2013: $55,466 (it was $52,980 in 2012)
Bead Society Of Greater Washington: 

 $55,466
Other organizations performing similar types of work: 

 $459,502

Assets in 2013: $88,376 (it was $90,700 in 2012)
Bead Society Of Greater Washington: 

 $88,376
Other organizations performing similar types of work: 

 $1,305,591

Expenses in 2012: $48,878
This organization: 

 $48,878
Other organizations performing similar types of work: 

 $98,938

Income to expenses ratio in 2012: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.8

Grants share in income in 2012: 0.1%
This organization: 

 0.1%
Other organizations performing similar types of work: 

 0.1%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$51,202
Contributions, gifts, grants, and similar amounts received$75
Program service revenue including government fees and contracts$48,833
Membership dues and assessments$1,145
Investment income$38
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$1,111
Gross sales of inventory, less returns and allowances$2,889
Less: cost of goods sold$1,778
Other revenue$0
Total expenses$48,878
Total net assets$90,700
Excess for the year$2,329
Net assets or fund balances at beginning of year$88,371
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$90,700
Total liabilities$0
Net assets or fund balances$90,700
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: (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 2012)
2008 - 2012 Total
Total support$468,788
Gifts, grants, contributions, and membership fees received$69,393
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$398,065
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$1,330
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Media Research Center Inc1900 Campus Commons Dr Ste 600, Reston, VA 20191-1535VA1988-10$31,428,998
2Edward Orton Jr Ceramic Foundation6991 Old 3c Highway, Westerville, OH 43082OH1972-12$5,261,396
3Intermedia Survey InstituteSte 650, Washington, DC 20006DC1997-06$3,185,619
4Armenian Research Foundation3545 Lomita Blvd, Torrance, CA 90505-5022CA1977-04$459,502
5Florida Cultural Education Alliance Inc, Florida Cultural AlliancePO BOX 2131, W Palm Beach, FL 33402-2131FL1986-05$176,885
6California Route 66 Museumincorporated, California Route 66 MuseumPO BOX 2151, Victorville, CA 92393-2151CA2007-12$110,267
7Cancer Support Services Inc1601 3rd Ave Apt 11j, New York, NY 10128-3454NY1995-07$70,691
8Bead Society Of Greater WashingtonPo Box 42519, Washington, DC 20015DC1987-06$55,466
Number of organizations performing similar types of work
California2
District of Columbia2
Florida1
Missouri1
New York1
Ohio1
Virginia1
Total9

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