MISSION
Promote Indo-American cultural arts in Texas, bring the diverse communities of Texas together, Talent Promotion, Concert Promotion, Educate the Students with Organization and Management skills. Provide various programs and recreation and leisure acti
DEMOGRAPHIC
ADDRESS
18306 CAIRNBROGIE CT
77407
COUNTY
fort bend county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
MB FOUNDATION is a based in RICHMOND, TX, focused on Arts, Culture and Humanities causes , specifically Cultural, Ethnic Awareness. Established in September 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $21,596.00, this ranks 648,768 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 42,988 out of 202,022 organizations in TX (Top 22%).
In fort bend county, TX, the organization ranks 818 out of 5,572 nonprofits by assets (Top 15%), while locally in richmond, it stands at 143 among 1,035 organizations (Top 13%).
The organization reported annual revenue of $32,433.00, ranking 535,737 nationally (Top 21%) and 34,501 in TX (Top 18%).
Within its specific NTEE classification (A23 - A: Arts, Culture and Humanities), which includes 12,629 similar organizations, MB FOUNDATION ranks 2,095 in assets (Top 17%) and 1,964 in revenue (Top 16%).
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
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$32,433.00
FORM 990 REVENUE AMOUNT
$32,433.00
RULING DATE
09/2019
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$21,596.00
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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