Greek Week in Ann Arbor, Michigan (MI)

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Greek Week
Employer Identification Number (EIN)383314824
Name of OrganizationGreek Week
Address530 S State St Room 411s, Ann Arbor, MI 48109-1308
ActivitiesDescribed in section 509(a)(2) of the Code, Gifts, grants, or loans to other organizations, Fundraising
SubsectionCharitable Organization
Ruling Date09/1997
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
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,458
Amount of Income$95,064
Form 990 Revenue Amount$61,394
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Voluntarism, and Grantmaking Foundations (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$87,898
Contributions, gifts, grants, and similar amounts received$5,032
Program service revenue including government fees and contracts$0
Membership dues and assessments$30,018
Investment income$29
Gain from sale of assets other than inventory$19,848
Gross amount from sale of assets other than inventory$35,152
Less: cost or other basis and sales expenses$15,303
Net income from gaming and fundraising events$32,218
Gross income from gaming$0
Gross income from fundraising events$33,677
Less: direct expenses from gaming and fundraising events$1,458
Gross profit from sales of inventory$0
Other revenue$751
Total expenses$72,306
Total net assets$18,767
Excess for the year$15,591
Net assets or fund balances at beginning of year$3,176
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$18,767
Total liabilities$0
Net assets or fund balances$18,767
Other Information (for 2011)
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 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$439,085
Gifts, grants, contributions, and membership fees received$180,840
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$256,254
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$1,989
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