DEMOGRAPHIC
ADDRESS
252 W 85TH ST APT 8D
10024
COUNTY
new york county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
FOLK TRADITIONS INC is a based in NEW YORK, NY, focused on Arts, Culture and Humanities causes , specifically Media, Communications Organizations. Established in December 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,703,727 among 2,656,690 nonprofits nationally (Top 65%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 102,022 out of 159,053 organizations in NY (Top 65%).
In new york county, NY, the organization ranks 19,565 out of 28,878 nonprofits by assets (Top 68%), while locally in new york, it stands at 23,124 among 28,547 organizations (Top 81%).
The organization reported no revenue in the most recent filing period, placing it at 835,154 nationally and 68,756 in NY.
Within its specific NTEE classification (A30 - A: Arts, Culture and Humanities), which includes 1,831 similar organizations, FOLK TRADITIONS INC ranks 699 in assets (Top 38%) and 639 in revenue (Top 34%).
Note: This organization's tax-exempt status was temporarily revoked on September 15, 2020 and was reinstated on December 15, 2022 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a March fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Cultural performances
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A30: Media, Communications Organizations
FOUNDATION CODE
16: Organization 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. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Tuesday, September 15, 2020;
Reinstated: Thursday, December 15, 2022
TAX PERIOD
04/2024
ACCOUNTING PERIOD
04
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2022
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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