Bob Jones University Museum And Gallery Inc in Greenville, South Carolina (SC)

Table of contents:

Organization representatives - add corrected or new information about Bob Jones University Museum And Gallery Inc »

Non-representatives - add comments about Bob Jones University Museum And Gallery Inc»

Bob Jones University Museum And Gallery Inc
Employer Identification Number (EIN)570956189
Name of OrganizationBob Jones University Museum And Gallery Inc
In Care of NameRoy A Barton Jr
Address1700 Wade Hapton Blvd, Greenville, SC 29609
ActivitiesArt exhibit
SubsectionCharitable Organization
Ruling Date06/1992
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 Period05/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,632,081
Amount of Income$1,578,835
Form 990 Revenue Amount$1,526,732
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Art Museums


Non-representatives - add comments:


CAPTCHA

Your IP address 54.82.166.45 will be logged.

Amount of income in 2012: $1,578,835
This organization: 

 $1,578,835
Other organizations performing similar types of work: 

 $1,255,941

Assets in 2012: $3,632,081
Bob Jones University Museum And Gallery Inc: 

 $3,632,081
Other organizations performing similar types of work: 

 $4,705,009

Expenses in 2007: $1,636,358
Bob Jones University Museum And Gallery Inc: 

 $1,636,358
Other organizations performing similar types of work: 

 $6,264,267

Income to expenses ratio in 2007: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 91.1%
This organization: 

 91.1%
Other organizations performing similar types of work: 

 75.4%

Grants share in income in 2007: 105.0%
This organization: 

 105.0%
Other organizations performing similar types of work: 

 57.5%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20032004200520062007
Total revenue$2,305,565$3,427,766$1,088,131$1,688,418$1,534,234
Contributions, gifts, grants, and similar amounts received$2,165,867$3,165,141$913,320$1,268,144$1,610,190
Contributions to donor advised funds$0$0
Direct public support$2,156,298$3,155,246$863,320$1,123,144$1,378,014
Indirect public support$0$0$0$0$0
Government contributions (grants)$9,569$9,895$50,000$145,000$232,176
Program service revenue including government fees and contracts$103,605$97,221$108,333$64,419$79,528
Membership dues and assessments$5,760$4,810$5,515$6,145$4,670
Interest on savings and temporary cash investments$10,293$14,597$24,477$23,676$25,208
Dividends and interest from securities$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$7,554$127,821$16,104$287,848$-205,513
Gross amount from sales of assets other than inventory$87,036$384,030$492,744$484,063$545,000
Less: cost or other basis and sales expenses$79,482$256,209$476,640$196,215$750,513
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$7,132$16,089$17,752$18,669$15,824
Gross sales of inventory, less returns and allowances$24,189$29,299$29,915$30,837$27,239
Less: cost of goods sold$17,057$13,210$12,163$12,168$11,415
Other revenue$5,354$2,087$2,630$19,517$4,327
Total expenses$1,366,195$1,615,574$1,649,436$1,564,835$1,636,358
Program services$1,150,901$1,463,130$1,506,738$1,435,785$1,490,853
Management and general$184,729$113,701$125,134$122,315$130,590
Fundraising$30,565$38,743$17,564$6,735$14,915
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$4,934,170$6,756,609$6,187,545$6,346,541$6,207,686
Excess or (deficit) for the year$939,370$1,812,192$-561,305$123,583$-102,124
Net assets or fund balances at beginning of year$3,936,397$4,934,170$6,756,609$6,187,545$6,346,541
Other changes in net assets or fund balances$58,403$10,247$-7,759$35,413$-36,731
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,636,358$1,490,853$130,590$14,915
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$17,613$0$17,613$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$7,043$0$7,043$0
Legal fees$0$0$0$0
Supplies$4,236$3,812$424$0
Telephone$0$0$0$0
Postage and shipping$4,337$3,903$434$0
Occupancy$324,030$317,877$6,153$0
Equipment rental and maintenance$19,826$13,125$6,701$0
Printing and publications$68,771$68,771$0$0
Travel$11,842$10,658$1,184$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$121,675$121,675$0$0
Other expenses not covered above$1,056,985$951,032$91,038$14,915
Balance Sheets
20032004200520062007
Total assets$5,631,627$7,574,030$7,380,308$7,651,110$8,936,273
Cash - non-interest-bearing$0$0$0$0$1,334,514
Savings and temporary cash investments$486,459$946,512$324,138$675,921$0
Accounts receivable less allowance for doubtful accounts$21,463$21,309$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$33,873$32,895$27,327$26,060$27,077
Prepaid expenses and deferred charges$213$150$777$0$390
Investments - publicly-traded securities$309,163$255,147
Investments - other securities$249,379$312,910$589,532$244,502$247,294
Investments - land, buildings, and equipment less accumulated depreciation$0$0$1,803,862$460,000$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$4,474,220$5,980,254$487,652$4,276,926$7,060,444
Other assets, including program-related investments$366,020$280,000$4,147,020$1,658,538$11,407
Total liabilities$697,457$817,421$1,192,763$1,304,569$2,728,587
Accounts payable and accrued expenses$498,872$633,062$1,026,593$1,136,134$2,594,690
Grants payable$0$0$0$0$0
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0
Other liabilities$198,585$184,359$166,170$168,435$133,897
Total liabilities and net assets/fund balances$5,631,627$7,574,030$7,380,308$7,651,110$8,936,273
Total net assets or fund balances$4,934,170$6,756,609$6,187,545$6,346,541$6,207,686
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20032004200520062007
Total revenue$2,339,679$3,427,766$1,088,131$1,688,418$1,534,234
Total revenue, gains, and other support per audited financial statements$2,350,174$3,438,014$1,080,372$1,723,830$1,508,918
Other expenses$10,495$10,248$-7,759$35,412$11,415
Net unrealized gains on investments$10,495$10,247$-7,759$35,413$0
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$1$0$-1$11,415
Other revenue$0$0$0$0$36,731
Investment expenses$0$0$0$0$0
Other$0$0$0$0$36,731
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20032004200520062007
Total expenses$1,366,195$1,615,574$1,649,436$1,564,835$1,636,358
Total expenses and losses per audited financial statements$1,366,195$1,615,577$1,649,435$1,564,835$1,647,773
Other revenue$0$3$-1$0$11,415
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$3$-1$0$11,415
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings8
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-180,305$-101,164
Program service revenue
Program service revenue 1000000$000$0$30,848
Program service revenue 2000000$000$0$27,973
Program service revenue 3000000$000$0$20,707
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$4,670
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$25,208$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-205,513$-205,513
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$15,824
Other revenue000000$000$0$4,327
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
20022003200420052006
Total$984,108$1,124,679$1,295,788$1,173,559$1,357,262
Gifts, grants, and contributions received$925,052$950,866$1,013,930$998,227$1,232,185
Membership fees received$0$0$0$5,515$6,145
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$50,076$163,520$267,261$145,340$95,256
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$8,980$10,293$14,597$24,477$23,676
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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?Yes
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$1,862,843
Contributions, Gifts, Grants and Other Similar Amounts$1,721,716
Program Service Revenue$87,177
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$13,257
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$6,633
Gross amount from sales of assets other than inventory (Securities / Other)$109,872 / $0
Less: cost or other basis and sales expenses (Securities / Other)$103,239 / $0
Gain or (loss) (Securities / Other)$6,633 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$34,060
Gross sales of inventory, less returns and allowances$47,590
Less: cost of goods sold$13,530
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,738,571
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$740,464
Payroll taxes$50,958
Professional fundraising services$0
Other$947,149
Balance Sheet (for 2011)
Total assets$6,221,703
Total liabilities$1,142,652
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$1,142,652
Total net assets or fund balances$5,079,051
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$6,403,021
Gifts, grants, contributions, and membership fees received$6,318,213
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$84,808
Gross receipts from related activities, etc.$476,608
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

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Bob Jones University Museum And Gallery Inc to others? (optional)
  
Add photo of Bob Jones University Museum And Gallery 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»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Calvary Chapel Of Lexington in Lexington, SC
Bullock Creek Cowboy Church in Sharon, SC
*****
Great Falls Rescue Squad in Great Falls, SC
*****
South Carolina Lions Charitable Services in Columbia, SC
*****
Bowman First Baptist Church in Bowman, SC
East Conway Ph Church in Conway, SC
*****
True Vine World Outreach Ministriesinc in Bronx, NY
*****
Amicalola Electric Membership Corporation Veba Tr, Gibson Charles Ttee in Jasper, GA
*****
Claymore Senior Center Inc in Wilmington, DE
*
International Jet Ski Boating Association Inc in Costa Mesa, CA
*
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Metropolitan Museum Of Art1000 Fifth Avenue, New York, NY 10028-0113NY1994-03$1,022,830,523
2Museum Of Modern Art11 W 53rd St, New York, NY 10019-5401NY1952-12$555,085,108
3Cleveland Museum Of Art11150 East Blvd, Cleveland, OH 44106-1711OH1959-01$546,740,981
4Museum Of Fine Arts465 Huntington Ave, Boston, MA 02115-5523MA1965-01$361,303,281
5National Gallery Of Art6th And Constitution Avenue Nw, Washington, DC 20565-0001DC1965-12$270,872,229
6San Francisco Museum Of Modern Art151 3rd St, San Francisco, CA 94103-3107CA1937-04$227,197,447
7Minneapolis Society Of Fine Arts2400 3rd Ave S, Minneapolis, MN 55404-3506MN1967-12$221,829,373
8Whitney Museum Of American Art945 Madison Ave, New York, NY 10021-2764NY1936-06$164,890,000
9Philadelphia Museum Of ArtPO BOX 7646, Philadelphia, PA 19101-7646PA1943-10$154,247,313
10Nelson Gallery Foundation4525 Oak St, Kansas City, MO 64111-1818MO1957-07$147,565,329
11Henry Francis Du Pont Winterthur Museum Inc5105 Kennett Pike, Winterthur, DE 19735-1819DE1953-05$143,582,012
12Solomon R Guggenheim Foundation1071 5th Ave, New York, NY 10128-0112NY1938-03$143,262,181
13Museum Of Fine Arts Houston1001 Bissonnet St, Houston, TX 77005-1803TX1956-07$136,119,351
14Toledo Museum Of Art2445 Monroe Box 1013, Toledo, OH 43620-1517OH1934-07$111,405,151
15Frick Collection1 E 70th St, New York, NY 10021-4981NY1939-10$102,698,694
16Wadsworth Atheneum Museum Of Art600 Main St, Hartford, CT 06103-2911CT1942-03$99,378,223
17Sterling & Francine Clark Art Inst225 South St, Williamstown, MA 01267-2878MA1951-09$91,298,779
18Bob Jones University Museum And Gallery Inc1700 Wade Hapton Blvd, Greenville, SC 29609SC1992-06$1,578,835
19Columbia Art AssociationPO BOX 2068, Columbia, SC 29202-2068SC1962-02$5,898,766
20Beaufort Art AssociationPO BOX 625, Beaufort, SC 29901-0625SC1976-01$120,921
Number of organizations performing similar types of work
Alaska1
Alabama8
Arizona5
California42
Colorado5
Connecticut7
District of Columbia7
Delaware2
Florida21
Georgia8
Hawaii2
Iowa3
Idaho1
Illinois7
Indiana11
Kansas2
Kentucky3
Louisiana6
Massachusetts17
Maryland6
Maine6
Michigan7
Minnesota8
Missouri4
Mississippi4
Montana7
North Carolina16
North Dakota2
Nebraska2
New Hampshire1
New Jersey4
New Mexico2
Nevada3
New York32
Ohio17
Oklahoma5
Oregon4
Pennsylvania12
Rhode Island5
South Carolina4
Tennessee6
Texas23
Utah1
Virginia9
Vermont3
Washington8
Wisconsin6
West Virginia1
Wyoming1
International2
Total369

faqs.org is not associated with, endorsed by, or sponsored by Bob Jones University Museum And Gallery Inc and has no official or unofficial affiliation with Bob Jones University Museum And Gallery Inc