MAJOR THEORY CARES FOUNDATION INC
BROOKLYN,
New York,
11208
EIN: 85-1581688
Arts, Culture and Humanities
MISSION
ART, MUSIC, TECHNOLOGY AND CULTURE PROGRAMS
MAJORTHEORY.COMDEMOGRAPHIC
ADDRESS
1372 DUMONT AVE
11208
COUNTY
kings county, NY
IN CARE OF NAME
VANCE PADMORE
ORGANIZATIONAL OVERVIEW & RANKINGS
MAJOR THEORY CARES FOUNDATION INC is a based in BROOKLYN, NY, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in September 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,571,599 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 157,251 out of 159,053 organizations in NY (Top 99%).
In kings county, NY, the organization ranks 18,261 out of 18,995 nonprofits by assets (Top 97%), while locally in brooklyn, it stands at 11,252 among 18,866 organizations (Top 60%).
The organization reported no revenue in the most recent filing period, placing it at 2,044,241 nationally and 143,035 in NY.
Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, MAJOR THEORY CARES FOUNDATION INC ranks 14,780 in assets (Top 90%) and 16,443 in revenue (Top 100%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
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 MAJORTHEORY.COM.
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
A20: Arts, Cultural Organizations - Multipurpose
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
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2020
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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