Rug Show Usa Inc
- Assets
- $26.7k
- Revenue
- $263.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-3110362
Organization Overview
Rug Show Usa Inc is located in Los Angeles, CA. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rug Show USA Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ARRANGE TRADE SHOWS FOR AREA RUGS, FOR ITS MEMBERS AND THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUALLY CONVERGES ALL RUG RETAILERS AND/OR WHOLESALERS THAT ARE REGISTERED MEMBERS INTO TWO SEPARATE TRADE SHOWS FEATURING RUGS AND TAPESTRIES CONDUCTED IN MARCH IN LOS ANGELES (WEST COAST) AND SEPTEMBER IN NEW YORK (EAST COAST). THE TRADE SHOWS ARE OPEN TO ALL PARTICIPANTS IN THE INDUSTRY AND TO THE GENERAL PUBLIC. THE RUG SHOW INC ORGANIZES THESE TRADE SHOWS BY RENTING A GRAND LOCATION/HALL AND BREAKS DOWN THE AREA INTO BOOTHS/STALLS. DEPENDING ON THE SIZE OF THE BOOTH, RUG RETAILERS AND/OR WHOLESALERS PYA A BOOTH RENTAL RATE PER SQUARE FOOT FOR THE SUBDIVIDED SPACE TO SHOWCASE THEIR PRODUCTS. TO SECURE A DESIRED BOOTH SPACE LOCATION, SOME MEMBERS PAY WAY AHEAD OF THE SCHEDULED SHOW OR MONTHS AHEAD, WHICH COULD LEAD TO DIFFERENCE IN THE CASH VERSUS ACCRUAL ACCOUNTING.THE TRADE SHOW EVENT NORMALLY IS CONDUCTED FOR 2 TO 4 DAYS. TO INVITE VISITORS AND PARTICIPANTS INTO THE EVENT, THE RUG SHOW INC ADVERTISES AND PROMOTES IN VARIOUS MEDIA AND PUBLICATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Simantob President | Officer | 0 | $0 |
Peter Woodman Secretary | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $263,755 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,755 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,570 |
| Advertising and promotion | $34,589 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,352 |
| Travel | $5,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,957 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $278 |
| All other expenses | $328 |
| Total functional expenses | $255,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,661 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,661 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,350 |
| Total liabilities | $4,350 |
| Net assets without donor restrictions | $22,311 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,661 |