Civic Intelligence

International Arts Foundation Inc

990EZ • Fiscal year 2014 • EIN 13-3474085

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

890 West End Avenue Apt 4ANew York, NY 10025

(212) 581-5197

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Liabilities / Revenue

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Net Margin

30th percentile

-5.7%

Higher net margin than 30% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$44,858

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 23.7% of source-year revenue.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Asset Growth

21st percentile

-18%

Faster asset growth than 21% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

10th percentile

-51%

Faster revenue growth than 10% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$50,202

Down $10,737 (-18%) from 2013

Net Assets

Down

$50,202

Down $10,686 (-18%) from 2013

Liabilities

Down

$0

Down $51 (-100%) from 2013

Revenue

Down

$188,897

Down $196,407 (-51%) from 2013

Expenses

Down

$199,583

Down $188,638 (-49%) from 2013

Net Income

Down

-$10,686

Down $7,769 (-266%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $71,970Net Assets 2010: $71,9702010Assets 2011: $83,336Liabilities 2011: $0Net Assets 2011: $83,3362011Assets 2012: $63,805Net Assets 2012: $63,8052012Assets 2013: $60,939Liabilities 2013: $51Net Assets 2013: $60,8882013Assets 2014: $50,202Liabilities 2014: $0Net Assets 2014: $50,2022014Assets 2015: $53,429Liabilities 2015: $0Net Assets 2015: $53,4292015Assets 2016: $31,132Liabilities 2016: $13,955Net Assets 2016: $17,1772016Assets 2017: $192,247Liabilities 2017: $125,922Net Assets 2017: $66,3252017Assets 2018: $89,473Liabilities 2018: $63,241Net Assets 2018: $26,2322018Assets 2019: $23,148Liabilities 2019: $10,461Net Assets 2019: $12,6872019Assets 2020: $24,614Liabilities 2020: $9,059Net Assets 2020: $15,5552020Assets 2021: $15,426Liabilities 2021: $93Net Assets 2021: $15,3332021Assets 2022: $61,518Liabilities 2022: $12,338Net Assets 2022: $49,1802022Assets 2023: $54,725Liabilities 2023: $292Net Assets 2023: $54,4332023Assets 2024: $56,798Liabilities 2024: $6,013Net Assets 2024: $50,7852024

Highlighted filing

2014

Assets$50,202
Liabilities$0
Net Assets$50,202

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $22,898Expenses 2010: $62,010Net Income 2010: -$39,1122010Revenue 2011: $638,686Expenses 2011: $627,320Net Income 2011: $11,3662011Revenue 2012: $4,706Expenses 2012: $24,237Net Income 2012: -$19,5312012Revenue 2013: $385,304Expenses 2013: $388,221Net Income 2013: -$2,9172013Revenue 2014: $188,897Expenses 2014: $199,583Net Income 2014: -$10,6862014Revenue 2015: $56,543Expenses 2015: $53,316Net Income 2015: $3,2272015Revenue 2016: $37,776Expenses 2016: $74,028Net Income 2016: -$36,2522016Revenue 2017: $154,989Expenses 2017: $105,841Net Income 2017: $49,1482017Revenue 2018: $14,222Expenses 2018: $54,315Net Income 2018: -$40,0932018Revenue 2019: $16,703Expenses 2019: $30,248Net Income 2019: -$13,5452019Revenue 2020: $16,202Expenses 2020: $13,334Net Income 2020: $2,8682020Revenue 2021: $706Expenses 2021: $928Net Income 2021: -$2222021Revenue 2022: $35,002Expenses 2022: $1,155Net Income 2022: $33,8472022Revenue 2023: $37,727Expenses 2023: $32,474Net Income 2023: $5,2532023Revenue 2024: $1,701Expenses 2024: $5,349Net Income 2024: -$3,6482024

Highlighted filing

2014

Revenue$188,897
Expenses$199,583
Net Income-$10,686
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$188,897
Mission and Program Overview

Mission

To EDUCATE STUDENTS & THE GENERAL PUBLIC ABOUT THE ARTS IN GENERAL THROUGH DIRECT & INDIRECT EXPOSURE TO AND INTERACTION WITH LIVING ARTISTS & THEIR CREATIONS FROM DIVERSE CULTURES.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION SPONSORS AND ORGANIZES CONCERT TOURS & EDUCATIONAL ACTIVITIES FOR INTERNATIONAL ARTISTS TO PROMOTE THEIR EXPOSURE TO AMERICAN AUDIENCES AND STUDENTS IN THE ARTS. CONCERTS ARE PRESENTED AND SPONSORED BY SCHOOLS, COLLEGES, AND PERFORMING ARTS ORGANIZATIONS. IN 2014 THERE WAS ONE TOUR.$175,263-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANK SALOMONPres/DirectorPT$44,858-$44,858
MARTHA SALOMONSecy/Director-$0--
GORDON SNYDERDirector-$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Frank Salomon AssociatesDirector & OfficerBooking FeesNo$30,008
-DirectorConsulting FeesNo$14,850
Filing and Contact Details

Filer

Filer Name
International Arts Foundation Inc
EIN
13-3474085
Phone
2125815197
Address
890 WEST END AVENUE APT 4A, NEW YORK, NY 10025

Signing Officer

Name
Frank Salomon
Title
President
Signed
2015-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Pieciak & Company PC
Address
PO BOX 797, Brattleboro, VT 05302-0797
Preparer
Wendy L Dubois CPA
Phone
8022571307
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1770

Other Expenses.1

ARTIST FEES $83022

Other Expenses.2

TOURING EXPENSES $62233

Other Expenses.3

booking commisions $30008

Other Expenses.4

ENTERTAINMENT $709

Other Expenses.5

STATE FEE $50

Other Expenses.6

BANK CHARGES $45

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $535

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $51 Accounts Payable and Accrued Expenses - Ending $0

Raw XML Appendix184 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramServiceRevenueAmt0188850
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0175263
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01240491
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0FRANK SALOMON ASSOCIATES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0FRANK SALOMON ASSOCIATES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR & OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt030008
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt114850
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BOOKING FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSULTING FEES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0FRANK SALOMON ASSOCIATES IS THE BOOKING AGENT FOR THE ARTIST'S TOURS
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ARTIST FEES $83022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TOURING EXPENSES $62233
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3booking commisions $30008
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENTERTAINMENT $709
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
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ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK SALOMON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL ARTS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0133474085
ReturnHeader/Filer/PhoneNum02125815197
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 797
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0053020797
ReturnHeader/PreparerPersonGrp/PhoneNum08022571307
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wendy L Dubois CPA
ReturnHeader/ReturnTs02015-05-13T10:38:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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.$0.57$0.06$0.51$0.02$0.05$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.54$0.38$0.32$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.12$0.49$0.35$0.01$0.34
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.01$0.01$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.09$0.16$0.16$0.13$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.10$0.13$0.17$0.30$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.89$0.63$0.26$0.14$0.54$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.92$1.26$0.66$1.55$1.06$0.49
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.14$0.17$0.38$0.74$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.57$0.53$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.89$2.00$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$3.85$3.88$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.64$0.05$0.24$0.20
2011Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$6.39$6.27$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.72$0.23$0.62$0.39