Friends Of Music At Guilford Inc in Guilford, Vermont (VT)

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Friends Of Music At Guilford Inc
Employer Identification Number (EIN)237083723
Name of OrganizationFriends Of Music At Guilford Inc
Address37 Bee Barn Rd Ste 1, Guilford, VT 05301-8080
ActivitiesOther cultural or historical activities
SubsectionEducational Organization
Ruling Date08/1971
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$153,785
Amount of Income$58,968
Form 990 Revenue Amount$57,041

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$57,155
Contributions, gifts, grants, and similar amounts received$28,223
Program service revenue including government fees and contracts$17,387
Membership dues and assessments$0
Investment income$648
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$8,076
Gross income from gaming$0
Gross income from fundraising events$11,427
Less: direct expenses from gaming and fundraising events$3,351
Gross profit from sales of inventory$2,821
Gross sales of inventory, less returns and allowances$4,566
Less: cost of goods sold$1,745
Other revenue$0
Total expenses$57,429
Total net assets$154,540
Deficit for the year$-274
Net assets or fund balances at beginning of year$154,814
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$154,540
Total liabilities$0
Net assets or fund balances$154,540
Other Information (for 2011)
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 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$150,460
Gifts, grants, contributions, and membership fees received$148,388
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$2,072
Gross receipts from related activities, etc.$138,028
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