GRACE FOUNDATION FOR THE ARTS INC
PALISADES PK,
New Jersey,
07650
EIN: 47-2067303
Arts, Culture and Humanities
MISSION
To provide classical music programming and education to the public at large, including underserved communities, in an effort to foster awareness and appreciation of music; to encourage the creation of music and art.
WWW.GRACEFOUNDATIONNJ.ORGDEMOGRAPHIC
ADDRESS
315 14TH ST
07650
COUNTY
bergen county, NJ
IN CARE OF NAME
HYE LEE
ORGANIZATIONAL OVERVIEW & RANKINGS
GRACE FOUNDATION FOR THE ARTS INC is a based in PALISADES PK, NJ, focused on Arts, Culture and Humanities causes , specifically Music. Established in April 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,835,507 among 2,656,690 nonprofits nationally (Top 70%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 49,576 out of 72,131 organizations in NJ (Top 69%).
In bergen county, NJ, the organization ranks 3,491 out of 7,701 nonprofits by assets (Top 46%), while locally in palisades pk, it stands at 39 among 87 organizations (Top 39%).
The organization reported no revenue in the most recent filing period, placing it at 719,724 nationally and 38,185 in NJ.
Within its specific NTEE classification (A68 - A: Arts, Culture and Humanities), which includes 7,710 similar organizations, GRACE FOUNDATION FOR THE ARTS INC ranks 3,822 in assets (Top 50%) and 4,149 in revenue (Top 54%).
Note: This organization's tax-exempt status was temporarily revoked on March 15, 2017 and was reinstated on March 15, 2019 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at WWW.GRACEFOUNDATIONNJ.ORG.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A68: Music
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: Wednesday, March 15, 2017;
Reinstated: Friday, March 15, 2019
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2019
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
