MISSION
To further folk music through the propagation and promotion of independent folk music, with particular emphasis on emerging artists, through radio airplay, interviews, onstage appearances, articles and podcasts, as well as panels and showcases.
DEMOGRAPHIC
ADDRESS
20 SALEM WAY
11545
COUNTY
nassau county, NY
IN CARE OF NAME
SHEILA PLATT
ORGANIZATIONAL OVERVIEW & RANKINGS
NEW FOLK INITIATIVE CORP is a based in GLEN HEAD, NY, focused on Arts, Culture and Humanities causes , specifically Music. Established in May 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,658,267 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 79,033 out of 159,053 organizations in NY (Top 50%).
In nassau county, NY, the organization ranks 7,692 out of 11,589 nonprofits by assets (Top 67%), while locally in glen head, it stands at 52 among 103 organizations (Top 49%).
The organization reported no revenue in the most recent filing period, placing it at 824,876 nationally and 100,923 in NY.
Within its specific NTEE classification (A68 - A: Arts, Culture and Humanities), which includes 7,710 similar organizations, NEW FOLK INITIATIVE CORP ranks 2,213 in assets (Top 29%) and 2,031 in revenue (Top 27%).
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
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
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2019
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.
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