Form 990 for tax year 2023
Filed by INTERNATIONAL DEBUTANTE BALL FOUNDATION INC.
Totals
- Total revenue
- $425
- Total expenses
- $92,738
- Contributions and grants received
- $100
- Grants paid
- $58,000
- Program service revenue
- $0
- Investment income
- $325
- Other revenue
- $0
- Total assets, end of year
- $614,903
- Total liabilities, end of year
- $422,700
- Net assets or fund balances, end of year
- $192,203
- Program services expenses (Part IX)
- $71,526
- Management and general expenses
- $21,212
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $71,526
Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$100
-
3 · Investment income
total $325 · related or exempt $325
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $58,000 · program services $58,000
-
11a · Fees: management
total $149 · management and general $149
-
11c · Fees: accounting
total $2,500 · management and general $2,500
-
13 · Office expenses
total $563 · management and general $563
-
16 · Occupancy
total $18,000 · management and general $18,000
-
24a · Other expenses: PRINTING AND PUBLICATIO
total $7,538 · program services $7,538
-
24b · Other expenses: PUBLICITY AND PHOTOGRAP
total $4,750 · program services $4,750
-
24c · Other expenses: POSTAGE AND SHIPPING
total $1,238 · program services $1,238
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $179,993 · end of year $345,629
-
15 · Other assets
beginning of year $116,098 · end of year $269,274
-
17 · Accounts payable and accrued expenses
beginning of year $7,575 · end of year $7,500
-
19 · Deferred revenue
beginning of year $4,000 · end of year $415,200
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $284,516 · end of year $192,203
Mission and programs · 2023
Mission
BI-ANNUAL BALL TO RAISE FUNDS TO SUPPORT INDENTIFIED 501 (C) (3) ORGANIZATIONS
-
BI-ANNUAL BALL TO RAISE FUNDS TO SUPPORT INDENTIFIED 501 (C) (3) ORGANIZATIONS
Expenses $71,526 · Grants $58,000 · Revenue $325
As filed on the 2023 return.
Listed in Part VII
-
Gregory HedbergGREGORY HEDBERG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Margaret HedbergMARGARET HEDBERG
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 8
-
Stewart HedbergSTEWART HEDBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Diane Rand WalmanDIANE RAND WALMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$35,000
GENERAL SUPPORT OF THE ORGANIZATION'S OPERATIONS
-
$10,000
GENERAL SUPPORT OF THE ORGANIZATION'S OPERATIONS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
INTERNATIONAL DEBUTANTE BALL INC
C · PRODUCER, FUNDRAISER AND MANAGEMENT · NY · share of income $149
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531359349301348
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