Los Alamos Arts Council in Los Alamos, New Mexico (NM)

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Los Alamos Arts Council
Employer Identification Number (EIN)850255489
Name of OrganizationLos Alamos Arts Council
AddressPO BOX 284, Los Alamos, NM 87544-0284
ActivitiesOther school related activities
SubsectionEducational Organization
Ruling Date01/1969
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 Period06/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$83,734
Amount of Income$61,981
Form 990 Revenue Amount$61,981


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$61,981
Contributions, gifts, grants, and similar amounts received$24,112
Program service revenue including government fees and contracts$35,313
Membership dues and assessments$2,120
Investment income$326
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$110
Gross sales of inventory, less returns and allowances$110
Less: cost of goods sold$0
Other revenue$0
Total expenses$60,561
Total net assets$82,848
Excess for the year$1,420
Net assets or fund balances at beginning of year$81,297
Other changes in net assets or fund balances$131
Balance Sheets (for 2012)
Total assets$83,734
Total liabilities$886
Net assets or fund balances$82,848
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$331,292
Gifts, grants, contributions, and membership fees received$110,287
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$174,677
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$40,947
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$4,901
Other$480
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