﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-05-10T15:24:50-07:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>THE BUSINESS STORE INC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>240 DEKALB AVE</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>11205</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>562532217</EIN>
      <Name>
        <BusinessNameLine1>PROJECT CO PETER SEYMOUR</BusinessNameLine1>
      </Name>
      <NameControl>PROJ</NameControl>
      <Phone>3054968424</Phone>
      <USAddress>
        <AddressLine1>99 OCEAN AVENUE</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>11225</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>PETER SEYMOUR</Name>
      <Title>DIRECTOR</Title>
      <Phone>3054968424</Phone>
      <DateSigned>2012-05-01</DateSigned>
    </Officer>
    <Preparer>
      <Name>GLENN WHARTON</Name>
      <Phone>7187890400</Phone>
      <DatePrepared>2012-05-10</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation TransfersPersonalBenefitsContractsDeclaration">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">X</Organization501c3>
      <GrossReceipts>122799</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>35904</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>0</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>0</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome>0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <GrossSalesOfInventory>86895</GrossSalesOfInventory>
      <CostOfGoodsSold>6689</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>80206</GroProfitLossSalesOfInventory>
      <TotalRevenue>116110</TotalRevenue>
      <FeesAndOthPymtToIndContractors>96255</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>426</OccupancyRentUtilitiesAndMaint>
      <OtherExpensesTotal>33714</OtherExpensesTotal>
      <TotalExpenses>130395</TotalExpenses>
      <ExcessOrDeficitForYear>-14285</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>23960</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>9675</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <BOY>17536</BOY>
        <EOY>9675</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>6424</BOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>23960</BOY>
        <EOY>9675</EOY>
      </TotalAssets>
      <NetAssetsOrFundBalances>
        <BOY>23960</BOY>
        <EOY>9675</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>Artistic awareness through performance</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>FOSTERING ARTISTIC AWARENESS THROUGH PERFOMANCES IN SCHOOLS</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>35504</GrantsAndAllocations>
        <ProgramServiceExpenses>128775</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>128775</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>PETER SEYMOUR</PersonName>
        <AddressUS>
          <AddressLine1>99 OCEAN AVENUE 6J</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11225</ZIPCode>
        </AddressUS>
        <Title>Exec Dir</Title>
        <AvgHoursPerWkDevotedToPosition>25.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>21660</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>GREG PATILLO</PersonName>
        <AddressUS>
          <AddressLine1>60 16TH STREET 1L</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11215</ZIPCode>
        </AddressUS>
        <Title>Program Dir</Title>
        <AvgHoursPerWkDevotedToPosition>25.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>26520</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>ERIC STEPHENSON</PersonName>
        <AddressUS>
          <AddressLine1>590 FLATBUSH AVE 17A</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11225</ZIPCode>
        </AddressUS>
        <Title>Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>25.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>26620</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>true</OrganizationHadUBI>
      <OrganizationFiled990T>true</OrganizationFiled990T>
      <SubjectToProxyTax referenceDocumentName="IRS990ScheduleC">false</SubjectToProxyTax>
      <OrganizationDissolvedEtc referenceDocumentName="IRS990ScheduleN BinaryAttachment">false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>THE BUSINESS STORE INC</BusinessNameLine1>
        </NameBusiness>
        <AddressUS>
          <AddressLine1>240 DEKALB AVENUE</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11205</ZIPCode>
        </AddressUS>
        <TelephoneNumber>7186236528</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
    </IRS990EZ>
    <IRS990ScheduleA documentId="00000002" softwareId="11000175">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus3Years>2150</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>53700</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>179546</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>116110</CurrentTaxYear>
        <Total>351506</Total>
      </GiftsGrantsContribReceived509>
      <Total509>
        <CurrentTaxYearMinus3Years>2150</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>53700</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>179546</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>116110</CurrentTaxYear>
        <Total>351506</Total>
      </Total509>
      <PublicSupportTotal509>351506</PublicSupportTotal509>
      <Post1975UBTI>
        <CurrentTaxYearMinus3Years>2150</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>23105</CurrentTaxYearMinus2Years>
        <Total>25255</Total>
      </Post1975UBTI>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus3Years>2150</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>23105</CurrentTaxYearMinus2Years>
        <Total>25255</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <Total>376761</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.93300</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.90310</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.06700</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.09690</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="00000004" softwareId="11000175">
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>TRAVEL 23951. WEB HOSTING 559. LEGAL 278. INSURANCE 1712. CAR RENTAL 6594. DEPRECIATION 0. DUES &amp; SUBSCRIPTIONS 620.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>