Velvet Foundation

Velvet Foundation is an educational organization in New York, New York. Its tax id (EIN) is 26-2813161. It was granted tax-exempt status by IRS in May, 2016. For detailed information such as income and other financial data of Velvet Foundation, refer to the following table.


Profile of Velvet Foundation

Organization Name Velvet Foundation
Tax Id (EIN)26-2813161
Address 350 W 42nd St Apt 58g, New York, NY 10036-6964
In Care of Name Eric Fletcher
All tax-exempt organizations in zip code 10036
Tax PeriodAssetIncomeRevenue
December, 2011$176,801$139,890$139,890
December, 2015$81,499$25,686$25,686
IRS Exempt Status Ruling Date May, 2016
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Arts, Culture and Humanities
Tax Exempt Activity Museum, Museum Activities
NTEE CodeA50
Foundation Type Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Organization Type Corporation
Organization Classification Educational Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$25,000 to 99,999
Income Range Reported on Form 990$25,000 to 99,999
Accounting Period 12