Civic Intelligence

Fourth Arts Block Inc.

990 • Fiscal year 2015 • EIN 04-3767933

Jul 01, 2014 to Jun 30, 2015 • Filed on May 03, 2016

61 East 4th StreetNew York, NY 10003

(212) 228-4670

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.05x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • NTEE A20 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.03x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • NTEE A20 • <$500k nonprofits • Source year 2015

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2015 filings • NTEE A20 • <$500k nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE A20 • <$500k nonprofits • Source year 2015

Asset Growth

93rd percentile

222%

Faster asset growth than 93% of similar nonprofits.

2015 filings • NTEE A20 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

76th percentile

41%

Faster revenue growth than 76% of similar nonprofits.

2015 filings • NTEE A20 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$240,356

Up $165,788 (+222%) from 2014

Net Assets

Up

$227,582

Up $193,585 (+569%) from 2014

Liabilities

Down

$12,774

Down $27,797 (-69%) from 2014

Revenue

Up

$432,417

Up $124,990 (+41%) from 2014

Expenses

Down

$238,837

Down $128,951 (-35%) from 2014

Net Income

Up

$193,580

Up $253,941 (+421%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $61,847Liabilities 2011: $16,266Net Assets 2011: $45,5812011Assets 2012: $52,796Liabilities 2012: $37,219Net Assets 2012: $15,5772012Assets 2013: $142,385Liabilities 2013: $48,027Net Assets 2013: $94,3582013Assets 2014: $74,568Liabilities 2014: $40,571Net Assets 2014: $33,9972014Assets 2015: $240,356Liabilities 2015: $12,774Net Assets 2015: $227,5822015Assets 2016: $230,486Liabilities 2016: $19,662Net Assets 2016: $210,8242016Assets 2017: $201,234Liabilities 2017: $39,074Net Assets 2017: $162,1602017Assets 2018: $202,646Liabilities 2018: $17,170Net Assets 2018: $185,4762018Assets 2019: $233,991Liabilities 2019: $13,846Net Assets 2019: $220,1452019Assets 2020: $221,352Liabilities 2020: $45,483Net Assets 2020: $175,8692020Assets 2021: $265,602Liabilities 2021: $67,523Net Assets 2021: $198,0792021Assets 2022: $344,615Liabilities 2022: $20,647Net Assets 2022: $323,9682022Assets 2023: $534,646Liabilities 2023: $89,929Net Assets 2023: $444,7172023Assets 2024: $335,091Liabilities 2024: $48,559Net Assets 2024: $286,5322024

Highlighted filing

2015

Assets$240,356
Liabilities$12,774
Net Assets$227,582

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $349,128Expenses 2011: $391,812Net Income 2011: -$42,6842011Expenses 2012: $400,0712012Revenue 2013: $475,612Expenses 2013: $396,831Net Income 2013: $78,7812013Revenue 2014: $307,427Expenses 2014: $367,788Net Income 2014: -$60,3612014Revenue 2015: $432,417Expenses 2015: $238,837Net Income 2015: $193,5802015Revenue 2016: $222,035Expenses 2016: $238,793Net Income 2016: -$16,7582016Revenue 2017: $273,757Expenses 2017: $322,421Net Income 2017: -$48,6642017Revenue 2018: $297,417Expenses 2018: $274,101Net Income 2018: $23,3162018Revenue 2019: $326,649Expenses 2019: $291,980Net Income 2019: $34,6692019Revenue 2020: $244,670Expenses 2020: $288,946Net Income 2020: -$44,2762020Revenue 2021: $309,507Expenses 2021: $287,297Net Income 2021: $22,2102021Revenue 2022: $477,530Expenses 2022: $351,641Net Income 2022: $125,8892022Revenue 2023: $535,969Expenses 2023: $415,220Net Income 2023: $120,7492023Revenue 2024: $370,432Expenses 2024: $528,617Net Income 2024: -$158,1852024

Highlighted filing

2015

Revenue$432,417
Expenses$238,837
Net Income$193,580
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 3, 2016
Return Version
2014v6.0
Gross Receipts
$438,756
Mission and Program Overview

Mission

Fourth arts block supports cultural

Fourth arts block supports cultural and economic development through promotion and support of artists and arts activity in the new york city's lower east side.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$196,768-
Cash and Non-Interest-Bearing Accounts$19,810$39,707▲ $19,897
Accounts Receivable$44,515$1,868▼ $42,647
Land, Buildings, and Equipment, Net$9,918$1,688▼ $8,230
Total Assets$74,568$240,356▲ $165,788
Other Assets Total$325$325→ $0
Liabilities
Accounts Payable and Accrued Expenses$40,571$12,774▼ $27,797
Total Liabilities$40,571$12,774▼ $27,797
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,000$179,708▲ $174,708
Unrestricted Net Assets$28,997$47,874▲ $18,877
Total Net Assets Fund Balance$33,997$227,582▲ $193,585
Total Liabilities and Net Assets / Fund Balance$74,568$240,356▲ $165,788

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,519$11,353$12,872
Equipment$169$9,896$10,065
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ryan GilliamChair
Risa ShoupExecutive Director
Alisa SchiermanTrustee
Jasmina SinanovicTrustee
Jeff HittnerTrustee
Stephanie MaddenTrustee
Cynthia PringleSecretary
Winston EstevezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$392,365
Program Service Revenue
$40,052
Investment Income
$0
Other Revenue
$0
All Other Contributions
$240,481
Change in Net Assets
$193,580

Audited Revenue Reconciliation

Revenue per Audited Statements
$432,417
Total Revenue per Audited Statements
$432,417
Total Revenue per Form 990
$432,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$160,166
Other Expenses$78,671
Total Fundraising Expense$19,048
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,403$7,050$7,050$70,503
Other Salaries and Wages$52,077$6,510$6,510$65,097
Fees for Services Other$25,351$10,171$953$36,475
Payroll Taxes$9,925$1,241$1,240$12,406
Other Employee Benefits$9,728$1,216$1,216$12,160
Advertising$8,862$0$0$8,862
Occupancy$4,950$619$619$6,188
Travel$4,440$555$555$5,550
Office Expenses$3,083$385$385$3,853
Depreciation Depletion$0$2,278$0$2,278
Insurance$0$1,306$0$1,306
All Other Expenses$512$577$64$1,153
Other Expenses$0$998$0$998
Total Functional Expenses$180,475$39,314$19,048$238,837

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$238,837
Total Expenses per Audited Statements$238,837
Total Expenses per Form 990$238,837
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,339
Fundraising Gross Income$6,339
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$20,605$6,339$6,339$0
Total Events$20,605$6,339$6,339-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fourth Arts Block Inc
EIN
04-3767933
Phone
2122284670
Address
61 EAST 4TH STREET, NEW YORK, NY 10003

Signing Officer

Name
Ryan Gilliam
Title
Chair
Phone
2122284670
Signed
2016-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Gilliam
Formed
2003
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
30

Preparer

Firm
Rich and Bander Llp
Address
15 WEST 28TH ST SUITE 7A, NEW YORK, NY 10001
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

990 is reviewed/approved by the Board prior to filing.

Form 990, Part IX, Line 24F

Telephone 640. 512. 64. 64. Small equipment and tools 393. 0. 393. 0. Miscellaneous 120. 0. 120. 0.

Financial Statement Notes

Pt X, Line 2

FAB has evaluated its current tax positions and has concluded that as of June 30, 2015, FAB does not have any significant uncertain tax positions for which a reserve would be necessary.

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IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0193580
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Special events 2010: 14519. Description: Other 2010: 110669.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0392365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0190065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0209816
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0223822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0116458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01132526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0118
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0125188
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0125188
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40130
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.45210
IRS990ScheduleA/PublicSupportTotal170Amt0504809
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0627717
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0392365
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0190065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0209816
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0223822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0116458
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01132526
IRS990ScheduleA/TotalSupportAmt01257832
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0169
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010065
IRS990ScheduleD/ExpensesSubtotalAmt0238837
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01519
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011353
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt012872
IRS990ScheduleD/RevenueSubtotalAmt0432417
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FAB has evaluated its current tax positions and has concluded that as of June 30, 2015, FAB does not have any significant uncertain tax positions for which a reserve would be necessary.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01688
IRS990ScheduleD/TotalExpensesPerForm990Amt0238837
IRS990ScheduleD/TotalRevenuePerForm990Amt0432417
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0432417
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0238837
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014266
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt014266
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06339
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020605
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020605
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06339
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt06339
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06339
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06339
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 is reviewed/approved by the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TELEPHONE 640. 512. 64. 64. SMALL EQUIPMENT AND TOOLS 393. 0. 393. 0. MISCELLANEOUS 120. 0. 120. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0179708
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt074568
IRS990/TotalAssetsEOYAmt0240356
IRS990/TotalAssetsGrp/BOYAmt074568
IRS990/TotalAssetsGrp/EOYAmt0240356
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0392365
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019048
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039314
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0180475
IRS990/TotalFunctionalExpensesGrp/TotalAmt0238837
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt040571
IRS990/TotalLiabilitiesEOYAmt012774
IRS990/TotalLiabilitiesGrp/BOYAmt040571
IRS990/TotalLiabilitiesGrp/EOYAmt012774
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt033997
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0227582
IRS990/TotalProgramServiceExpensesAmt0180475
IRS990/TotalProgramServiceRevenueAmt040052
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040052
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0432417
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074568
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0240356
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0555
IRS990/TravelGrp/ManagementAndGeneralAmt0555
IRS990/TravelGrp/ProgramServicesAmt04440
IRS990/TravelGrp/TotalAmt05550
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt028997
IRS990/UnrestrictedNetAssetsGrp/EOYAmt047874
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0202 ALBERMARTE ROAD
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010003
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN GILLIAM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.35$0.49$2.87$3.70$5.29$1.58
2023Detailed filing. Detailed filing data is available for this year.$5.35$0.90$4.45$5.36$4.15$1.21
2022Detailed filing. Detailed filing data is available for this year.$3.45$0.21$3.24$4.78$3.52$1.26
2021Detailed filing. Detailed filing data is available for this year.$2.66$0.68$1.98$3.10$2.87$0.22
2020Detailed filing. Detailed filing data is available for this year.$2.21$0.45$1.76$2.45$2.89$0.44
2019Detailed filing. Detailed filing data is available for this year.$2.34$0.14$2.20$3.27$2.92$0.35
2018Detailed filing. Detailed filing data is available for this year.$2.03$0.17$1.85$2.97$2.74$0.23
2017Detailed filing. Detailed filing data is available for this year.$2.01$0.39$1.62$2.74$3.22$0.49
2016Detailed filing. Detailed filing data is available for this year.$2.30$0.20$2.11$2.22$2.39$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.40$0.13$2.28$4.32$2.39$1.94
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.41$0.34$3.07$3.68$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.48$0.94$4.76$3.97$0.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.37$0.16$4.00
2011Summary only. Only limited summary data is available for this year.$0.62$0.16$0.46$3.49$3.92$0.43