DEMOGRAPHIC
ADDRESS
1821 ALTOONA CT
60194
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
KARAKUM FOUNDATION is a based in SCHAUMBURG, IL, focused on Arts, Culture and Humanities causes , specifically Cultural, Ethnic Awareness. Established in March 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 894,669 among 2,656,690 nonprofits nationally (Top 34%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 54,051 out of 106,037 organizations in IL (Top 51%).
In cook county, IL, the organization ranks 31,069 out of 46,103 nonprofits by assets (Top 68%), while locally in schaumburg, it stands at 494 among 643 organizations (Top 76%).
The organization reported no revenue in the most recent filing period, placing it at 1,611,595 nationally and 67,004 in IL.
Within its specific NTEE classification (A23 - A: Arts, Culture and Humanities), which includes 12,629 similar organizations, KARAKUM FOUNDATION ranks 5,406 in assets (Top 43%) and 2,945 in revenue (Top 24%).
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.
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
A23: Cultural, Ethnic Awareness
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
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2023
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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