Civic Intelligence

Fundarte Inc.

990 • Fiscal year 2016 • EIN 11-3711377

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

7455 COLLINS AVE Ste 201Miami Beach, FL 33141

(786) 348-0789

Siviq Scores

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

Liabilities / Assets

90th percentile

0.57x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

42nd percentile

0.0%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

86th percentile

56%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

5.8%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$206,618

Up $74,037 (+56%) from 2015

Net Assets

Up

$89,864

Up $88,066 (+4898%) from 2015

Liabilities

Down

$116,754

Down $14,029 (-11%) from 2015

Revenue

Up

$499,997

Up $27,500 (+5.8%) from 2015

Expenses

Up

$499,844

Up $59,791 (+14%) from 2015

Net Income

Down

$153

Down $32,291 (-100%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $48,860Liabilities 2011: $14,849Net Assets 2011: $34,0112011Assets 2012: $40,176Liabilities 2012: $2,415Net Assets 2012: $37,7612012Assets 2013: $115,464Liabilities 2013: $77,534Net Assets 2013: $37,9302013Assets 2014: $104,758Liabilities 2014: $52,724Net Assets 2014: $52,0342014Assets 2015: $132,581Liabilities 2015: $130,783Net Assets 2015: $1,7982015Assets 2016: $206,618Liabilities 2016: $116,754Net Assets 2016: $89,8642016Assets 2017: $150,046Liabilities 2017: $60,181Net Assets 2017: $89,8652017Assets 2018: $238,885Liabilities 2018: $149,020Net Assets 2018: $89,8652018Assets 2019: $168,190Liabilities 2019: $78,325Net Assets 2019: $89,8652019Assets 2020: $270,119Liabilities 2020: $180,254Net Assets 2020: $89,8652020Assets 2021: $489,426Liabilities 2021: $368,947Net Assets 2021: $120,4792021Assets 2022: $473,553Liabilities 2022: $326,472Net Assets 2022: $147,0812022Assets 2023: $381,497Liabilities 2023: $234,416Net Assets 2023: $147,0812023Assets 2024: $296,411Liabilities 2024: $149,330Net Assets 2024: $147,0812024Assets 2025: $249,707Liabilities 2025: $102,626Net Assets 2025: $147,0812025

Highlighted filing

2016

Assets$206,618
Liabilities$116,754
Net Assets$89,864

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $278,772Expenses 2011: $278,149Net Income 2011: $6232011Expenses 2012: $374,7302012Revenue 2013: $437,989Expenses 2013: $437,819Net Income 2013: $1702013Revenue 2014: $514,331Expenses 2014: $500,227Net Income 2014: $14,1042014Revenue 2015: $472,497Expenses 2015: $440,053Net Income 2015: $32,4442015Revenue 2016: $499,997Expenses 2016: $499,844Net Income 2016: $1532016Revenue 2017: $499,208Expenses 2017: $499,208Net Income 2017: $02017Revenue 2018: $499,735Expenses 2018: $499,735Net Income 2018: $02018Revenue 2019: $572,553Expenses 2019: $572,553Net Income 2019: $02019Revenue 2020: $470,050Expenses 2020: $470,050Net Income 2020: $02020Revenue 2021: $381,970Expenses 2021: $381,971Net Income 2021: -$12021Revenue 2022: $680,276Expenses 2022: $680,276Net Income 2022: $02022Revenue 2023: $763,063Expenses 2023: $763,063Net Income 2023: $02023Revenue 2024: $866,661Expenses 2024: $866,661Net Income 2024: $02024Revenue 2025: $806,911Expenses 2025: $806,911Net Income 2025: $02025

Highlighted filing

2016

Revenue$499,997
Expenses$499,844
Net Income$153
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$499,997
Mission and Program Overview

Mission

Produce, present, promote music, theater, dance, film, visual arts and special events by celebrating and awakening consciousness of emerging social movements

Produce presentpromote musictheater dance film and events by celebrating awakening consciousness of emerging social movements

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$27,065$138,653▲ $111,588
Cash and Non-Interest-Bearing Accounts$85,903$52,965▼ $32,938
Total Assets$127,968$206,618▲ $78,650
Other Assets Total$15,000$15,000→ $0
Liabilities
Deferred Revenue$38,193$114,922▲ $76,729
Accounts Payable and Accrued Expenses$63$1,832▲ $1,769
Total Liabilities$38,256$116,754▲ $78,498
Net Assets / Fund Balance
Unrestricted Net Assets$89,712$89,864▲ $152
Total Net Assets Fund Balance$89,712$89,864▲ $152
Total Liabilities and Net Assets / Fund Balance$127,968$206,618▲ $78,650

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$15,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alejandro RiosChair
Elena Montes De OcaBoard Member
Jose M DominguezBoard Member
Everardo ChavezExecutive Director
Carlos CaballeroProgramming Director
Eduardo ChavezAdvisory Council
Elizabeth DoudAdvisory Council
Michelle Heffner-hayesAdvisory Council
Beth BoneDevelopment Advisor
Lilian DominguezMedia Relations Adv
Caridad GonzalezSecretary
James LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$328,559
Program Service Revenue
$171,438
Investment Income
$0
Other Revenue
$0
All Other Contributions
$76,371
Change in Net Assets
$153

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Other Non Cash Contri Table$54,962
Other Non Cash Contri Table$20,658
Total Noncash Contributions$75,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$280,744
Salaries, Compensation, and Employee Benefits$219,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$114,723--$114,723
Travel$102,931--$102,931
Current Officers, Directors, Trustees, and Key Employees-$96,960-$96,960
Advertising$42,194--$42,194
Office Expenses$17,709--$17,709
Other Expenses$14,139--$14,139
Occupancy$7,672--$7,672
Other Employee Benefits-$7,417-$7,417
Fees for Services Other$6,210--$6,210
Fees for Services Management$3,638--$3,638
Fees for Services Accounting$350--$350
Fees for Services Legal$50--$50
Total Functional Expenses$395,467$104,377$0$499,844
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
Backup withholding compliance
No
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
Fundarte Inc
EIN
11-3711377
In Care Of
% CARLOS CABALLERO
Phone
7863480789
Address
7455 COLLINS AVE Ste 201, MIAMI BEACH, FL 33141

Signing Officer

Name
Carlos Caballero
Title
Programming Officer
Phone
7865466713
Signed
2016-11-14
Discuss with paid preparer
No

Organization Details

Principal Officer
Everardo Chavez
Formed
2003
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
SB Financial Services Corp
Address
12 NW 69th Ave, Miami, FL 33126
Preparer
Sergio a Bedrinana
Phone
7867601384
Supplemental Narrative

Additional Explanations

Part IX Line 11G

Equipment Purchase Total expenses - $261.00 Program service expenses - $261.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 11G

7470 Other Operating Total expenses - $1994.00 Program service expenses - $1994.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 11G

7430-Other-Meeting,Confer Total expenses - $3955.00 Program service expenses - $3955.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part III, Line 2

No significant program changes

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0164831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt050520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt087138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0601325
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.71973
IRS990ScheduleA/PublicSupportPY509Pct00.79230
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01544193
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0255501
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0164831
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050520
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt043335
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt087138
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0601325
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0255501
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0164831
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt050520
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt043335
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt087138
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0601325
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0499996
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0317955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0514331
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0437989
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0375247
IRS990ScheduleA/Total509Grp/TotalAmt02145518
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0499996
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0317955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0514331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0437989
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0375247
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02145518
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt015000
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Art Collections
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015000
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Goods & Serv
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Cash Equiv.
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt054962
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt120658
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Equipment Purchase Total expenses - $261.00 Program service expenses - $261.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17470 Other Operating Total expenses - $1994.00 Program service expenses - $1994.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27430-Other-Meeting,Confer Total expenses - $3955.00 Program service expenses - $3955.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO SIGNIFICANT PROGRAM CHANGES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IX Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IX Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part IX Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART III, LINE 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0127968
IRS990/TotalAssetsEOYAmt0206618
IRS990/TotalAssetsGrp/BOYAmt0127968
IRS990/TotalAssetsGrp/EOYAmt0206618
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0328559
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104377
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0395467
IRS990/TotalFunctionalExpensesGrp/TotalAmt0499844
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038256
IRS990/TotalLiabilitiesEOYAmt0116754
IRS990/TotalLiabilitiesGrp/BOYAmt038256
IRS990/TotalLiabilitiesGrp/EOYAmt0116754
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt089712
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt089864
IRS990/TotalProgramServiceExpensesAmt0499845
IRS990/TotalProgramServiceRevenueAmt0171438
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0171438
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0499997
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0127968
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0206618
IRS990/TravelGrp/ProgramServicesAmt0102931
IRS990/TravelGrp/TotalAmt0102931
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt089712
IRS990/UnrestrictedNetAssetsGrp/EOYAmt089864
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07601 BYRON AVE Ste 4C
IRS990/USAddress/CityNm0MIAMI BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033141
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.fundarte.us
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CARLOS CABALLERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PROGRAMMING OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum07865466713
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUNDARTE INC
ReturnHeader/Filer/BusinessNameControlTxt0FUND
ReturnHeader/Filer/EIN0113711377
ReturnHeader/Filer/InCareOfNm0% CARLOS CABALLERO
ReturnHeader/Filer/PhoneNum07863480789
ReturnHeader/Filer/USAddress/AddressLine1Txt07455 COLLINS AVE Ste 201
ReturnHeader/Filer/USAddress/CityNm0MIAMI BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033141
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274391355
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SB Financial Services Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012 NW 69th Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$1.03$1.47$8.07$8.07$0.00
2024Detailed filing. Detailed filing data is available for this year.$2.96$1.49$1.47$8.67$8.67$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$2.34$1.47$7.63$7.63$0.00
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.74$3.26$1.47$6.80$6.80$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$3.69$1.20$3.82$3.82$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$1.80$0.90$4.70$4.70$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.78$0.90$5.73$5.73$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.39$1.49$0.90$5.00$5.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.60$0.90$4.99$4.99$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.07$1.17$0.90$5.00$5.00$0.00
2015Summary only. Only limited summary data is available for this year.$1.33$1.31$0.02$4.72$4.40$0.32
2014Summary only. Only limited summary data is available for this year.$1.05$0.53$0.52$5.14$5.00$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.78$0.38$4.38$4.38$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.02$0.38$3.75
2011Summary only. Only limited summary data is available for this year.$0.49$0.15$0.34$2.79$2.78$0.01