Koussevitzky Music Foundation Inc in New York, New York (NY)

Table of contents:

Organization representatives - add corrected or new information about Koussevitzky Music Foundation Inc »

Non-representatives - add comments about Koussevitzky Music Foundation Inc»

Koussevitzky Music Foundation Inc
Employer Identification Number (EIN)046128361
Name of OrganizationKoussevitzky Music Foundation Inc
In Care of NameLaw Offices Of James M Kendrick L
Address254 W 31st St Fl 15, New York, NY 10001-2813
ActivitiesOther cultural or historical activities, Scholarships (other)
SubsectionCharitable Organization
Ruling Date06/1942
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$1,310,066
Amount of Income$596,857
Form 990 Revenue Amount$148,493

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2011

Expenses for 2011

Assets for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$148,493$48,493$0
Contributions, gifts, grants, etc., received$100,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$43,538
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$180,905$13,312$0$163,278
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$27,155$13,312$9,528
Contributions, gifts, grants paid$153,750
Excess of revenue over expenses and disbursements$-32,412
Net investment income$35,181
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$1,310,066$1,347,140
Cash - non-interest-bearing$110,758
Investments-U.S. and state government obligations$255,595
Investments-corporate stock$234,545
Investments-corporate bonds$274,930
Investments-mortgage loans$0
Total liabilities$0
Total liabilities and net assets/fund balances$1,310,066
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$4,955
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$352
Total credits and payments$436
2011 estimated tax payments and 2010 overpayment credited to 2011$436
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Amount to be credited to 2012 estimated tax$84
Statements Regarding Activities (for 2011)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?Yes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$1,361,205
Net value of noncharitable-use assets$1,340,780
Minimum investment return$67,039
Distributable Amount (for 2011)
Distributable amount$66,687
Undistributed Income (for 2011)
Distributable amount for 2011$66,687
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Koussevitzky Music Foundation Inc to others? (optional)
Add photo of Koussevitzky Music Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Recently Added Reviews
Christian Ministries Of Nondenominational Church in New York, NY
Real News Project Inc in New York, NY
Grand Street Boys Association Inc in New York, NY
American Supporters Of Yedid Inc in New York, NY
Vital Projects Fund Inc in New York, NY
Jack & Jill Of America Inc, Metropolitan Ny Chapter in New York, NY
Cent For Urban Commungity Svcs in New York, NY
Len Camber Charitable Trust, Manger Robert L Ttee in New York, NY
Three Goats Organization in New York, NY
Hope In Life Church Inc in Carmel, NY
Other organizations in New York
IdNameAddressStateEstablishedTotal Income
1Kavanahlife Inc409 Avenue N, Brooklyn, NY 11230NY2003-07$0
2Knapp Family Foundation Tr, Knapp Terrence E Et Al TteeReid Glynn 405 Park Ave10th Fl, New York, NY 10022NY2000-06$38
3Kamba Foundation Inc10909 Dugway Rd Apt 8, Fillmore, NY 14735-8500NY2008-06$78,226
4Kiver Foundation1016 Fifth Ave Ste 5d, New York, NY 10028-0132NY1998-02$43,240
5Kelsey Fam Foundation, Kelsey John L TteeC/O J Velten 33 White Cliff La, Nesconset, NY 11767NY1997-10$621,637
6Kim Sanghee Fellowship Inc116 Pinehurst Ave Apt D4, New York, NY 10033-1790NY1997-03$2,967
7Kimball Family Foundation682 Broadway Apt 10, New York, NY 10012-2309NY2005-12$1,154,109
8Knights Of Lithuania Supreme Council, Supreme Council8 Tremont St, Albany, NY 12205-3528NY1972-11$45,816
9Knights Of York Inc110 Wall St Fl 11, New York, NY 10005-3817NY2000-07$167,366
10Korean American National Coordinating Council Inc, The East475 Riverside Drive, New York, NY 10115-0002NY2002-11$8,525
11Koussevitzky Music Foundation Inc254 W 31st St Fl 15, New York, NY 10001-2813NY1942-06$596,857
12Land Family Foundation60 Deer Hill Road Box 373, Cornwall On Hudson, NY 12520NY1998-11$158,799
13Kalabari National Association IncPO BOX 901, Wappingers Fl, NY 12590-0901NY2004-07$58,200
14Kalavant Center For Music And Dance Inc326 E 11th St Apt 2, New York, NY 10003-7443NY1998-08$103,778
15Kallinikeion Foundation630 Fifth Ave Tax Dept, New York, NY 10111-0100NY1994-04$3,202,364
16Kallir Family Foundation675 Third Ave, New York, NY 10017-5707NY2006-05$78
17Kalpana Datta Cancer Carefoundation499 Benito St, East Meadown, NY 11554-3806NY2006-09$701
18Kaman Foundation Inc, Duha Maria675 3rd Ave, Nyc, NY 10017-5707NY2002-09$7,000
19Kamargo Housing Development Fund, Kamargo Apartments224 Leray Street, Black River, NY 13612-3112NY1989-12$179,241
20Kamina Friend Inc31 W Church St, Fairport, NY 14450-2128NY2006-10$11,994

faqs.org is not associated with, endorsed by, or sponsored by Koussevitzky Music Foundation Inc and has no official or unofficial affiliation with Koussevitzky Music Foundation Inc