Friends Of Lacey Music Inc in Lanoka Harbor, New Jersey (NJ)

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Friends Of Lacey Music Inc
Employer Identification Number (EIN)061642943
Name of OrganizationFriends Of Lacey Music Inc
In Care of NameJeffrey Sanford
Address502 Clairmore Ave, Lanoka Harbor, NJ 08734-1909
SubsectionEducational Organization
Ruling Date01/2004
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 Period12/2011
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$20,755
Amount of Income$64,663
Form 990 Revenue Amount$28,772
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Music Groups, Bands, Ensembles


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Amount of income in 2011: $64,663 (it was $107,543 in 2010)
Friends Of Lacey Music Inc: 

 $64,663
Other organizations performing similar types of work: 

 $49,571

Assets in 2011: $20,755 (it was $27,850 in 2010)
Friends Of Lacey Music Inc: 

 $20,755
Other organizations performing similar types of work: 

 $16,879

Expenses in 2011: $35,967
This organization: 

 $35,967
Other organizations performing similar types of work: 

 $43,914

Income to expenses ratio in 2011: 1.8
Friends Of Lacey Music Inc: 

 1.8
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2011: 9.4%
Friends Of Lacey Music Inc: 

 9.4%
Other organizations performing similar types of work: 

 46.1%

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$28,772
Contributions, Gifts, Grants and Other Similar Amounts$2,708
Program Service Revenue$22,776
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$8
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$2,740
Gross income from fundraising events$38,093
Less: direct expenses$35,353
Net income from gaming activities$538
Gross income from gaming activities$1,076
Less: direct expenses$538
Net income from sales of inventory$0
Miscellaneous Revenue$0
Other$2
Statement of Functional Expenses (for 2011)
Total functional expenses$35,967
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$35,967
Balance Sheet (for 2011)
Total assets$20,755
Total liabilities$0
Total net assets or fund balances$20,755
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$25,582
Gifts, grants, contributions, and membership fees received$25,533
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$49
Gross receipts from related activities, etc.$483,751
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10Friends Of Lacey Music Inc502 Clairmore Ave, Lanoka Harbor, NJ 08734-1909NJ2004-01$64,663
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Number of organizations performing similar types of work
Alaska7
Alabama10
Arkansas11
Arizona35
California195
Colorado41
Connecticut35
District of Columbia8
Delaware6
Florida77
Georgia37
Hawaii8
Iowa22
Idaho13
Illinois62
Indiana33
Kansas13
Kentucky17
Louisiana11
Massachusetts58
Maryland26
Maine10
Michigan47
Minnesota49
Missouri31
Mississippi9
Montana5
North Carolina43
North Dakota5
Nebraska5
New Hampshire15
New Jersey42
New Mexico22
Nevada8
New York135
Ohio76
Oklahoma10
Oregon34
Pennsylvania68
Rhode Island5
South Carolina16
South Dakota5
Tennessee27
Texas99
Utah13
Virginia44
Vermont10
Washington50
Wisconsin40
West Virginia7
Wyoming1
International3
Total1,659

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