Piedmont Craftsmen Inc in Winston Salem, North Carolina (NC)

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Piedmont Craftsmen Inc
Employer Identification Number (EIN)560818342
Name of OrganizationPiedmont Craftsmen Inc
Address601 North Trade Street, Winston Salem, NC 27101-2959
ActivitiesDiscussion groups, forums, panels lectures, etc., Other instruction and training, Cultural performances
SubsectionEducational Organization
Ruling Date06/1965
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 Period12/2012
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$645,833
Amount of Income$511,236
Form 990 Revenue Amount$302,424
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Visual Arts Organizations


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Amount of income in 2012: $511,236 (it was $493,988 in 2011)
Piedmont Craftsmen Inc: 

 $511,236
Other organizations performing similar types of work: 

 $182,985

Assets in 2012: $645,833 (it was $659,535 in 2011)
This organization: 

 $645,833
Other organizations performing similar types of work: 

 $225,425

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?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$253,568
Contributions, Gifts, Grants and Other Similar Amounts$190,837
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$478
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-27,996
Gross income from fundraising events$82,633
Less: direct expenses$110,629
Net income from gaming activities$0
Net income from sales of inventory$87,576
Gross sales of inventory, less returns and allowances$217,367
Less: cost of goods sold$129,791
Miscellaneous Revenue$2,673
Statement of Functional Expenses (for 2011)
Total functional expenses$303,054
Compensation of current officers, directors, trustees, and key employees$47,826
Other salaries and wages$90,925
Payroll taxes$8,665
Professional fundraising services$0
Other$155,638
Balance Sheet (for 2011)
Total assets$659,535
Total liabilities$42,367
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$42,367
Total net assets or fund balances$617,168
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$931,374
Gifts, grants, contributions, and membership fees received$927,251
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$4,123
Gross receipts from related activities, etc.$1,599,584
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Frist Center For The Visual Arts In C919 Broadway, Nashville, TN 37203-3822TN1998-07$11,551,959
2American Ceramic Society Inc600 N Cleveland Ave Ste 210, Westerville, OH 43082-6921OH1982-07$10,851,630
3Arts Club Of Chicago201 E Ontario St, Chicago, IL 60611-3204IL1937-05$7,724,585
4Grounds For Sculpture Inc14 Fairgrounds Road Suite A, Hamilton, NJ 08619-3447NJ2000-05$4,304,717
5Museum Of Contemporary Art Cleveland8501 Carnegie Ave, Cleveland, OH 44106-2919OH1974-10$3,730,909
6Textile Museum Of D C2320 S St Nw, Washington, DC 20008-4088DC1929-03$3,473,810
7The American Architectural Foundation Inc2101 L Street Nw, Washington, DC 20037-1526DC1960-06$3,188,188
8Pratt Fine Arts Center1902 S Main St, Seattle, WA 98144-2206WA1983-10$2,253,963
9Virginia Museum Of Contemporary Art2200 Parks Ave, Virginia Bch, VA 23451-4062VA1971-06$2,017,613
10Parkersburg Art Center Inc725 Market St, Parkersburg, WV 26101-4628WV1965-01$1,398,822
11The Bascom Corporation323 Franklin Rd, Highlands, NC 28741-8551NC2000-03$2,664,786
12Mccoll Center For Visual Art721 N Tryon St, Charlotte, NC 28202-2221NC1976-07$2,048,236
13Green Hill Center For Nc Art200 N Davie St, Greensboro, NC 27401-2819NC1977-03$784,225
14Light Factory345 N College St, Charlotte, NC 28202-2113NC1977-11$729,722
15Piedmont Craftsmen Inc601 North Trade Street, Winston Salem, NC 27101-2959NC1965-06$511,236
16Dogwood Crafters IncorporatedPO BOX 604, Dillsboro, NC 28725-0604NC1979-07$220,402
17Alliance For American Quilts Inc125 S Lexington Ave, Asheville, NC 28801-3661NC1996-03$144,503
18North Carolina Basketmakers Association Inc6790 River Bend Rd, Linden, NC 28356-9442NC1990-03$98,616
19Charlotte Art League Inc1517 Camden Rd, Charlotte, NC 28203-4753NC1987-07$81,899
20Mineral And Lapidary Museum Of Henderson County Inc400 N Main St, Hendersonvlle, NC 28792-4901NC1998-01$64,265
Number of organizations performing similar types of work
Alaska1
Alabama4
Arkansas1
Arizona2
California60
Colorado13
Connecticut11
District of Columbia8
Florida25
Georgia12
Hawaii1
Iowa3
Idaho1
Illinois15
Indiana8
Kansas4
Kentucky9
Louisiana6
Massachusetts17
Maryland6
Maine3
Michigan16
Minnesota9
Missouri8
Mississippi4
Montana1
North Carolina20
Nebraska5
New Hampshire2
New Jersey11
New Mexico6
Nevada2
New York54
Ohio24
Oklahoma3
Oregon9
Pennsylvania19
Rhode Island4
South Carolina4
Tennessee4
Texas27
Utah3
Virginia12
Vermont4
Washington12
Wisconsin8
West Virginia2
Wyoming2
International1
Total486

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