Civic Intelligence

World Studio Foundation Inc

990EZ • Fiscal year 2019 • EIN 13-3776523

Jan 01, 2019 to Dec 31, 2019 • Filed on May 07, 2020

1239 BroadwayNew York, NY 10001

(212) 366-1317

Siviq Scores

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

Liabilities / Assets

80th percentile

0.00x

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

2019 filings • NTEE B82 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.00x

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

2019 filings • NTEE B82 • <$500k nonprofits • Source year 2019

Net Margin

43rd percentile

2.1%

Higher net margin than 43% of similar nonprofits.

2019 filings • NTEE B82 • <$500k nonprofits • Source year 2019

Top Officer Pay

97th percentile

$42,600

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 37.7% of source-year revenue.

2019 filings • NTEE B82 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-19%

Faster asset growth than 13% of similar nonprofits.

2019 filings • NTEE B82 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

-6.4%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • NTEE B82 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$38,685

Down $9,216 (-19%) from 2018

Net Assets

Up

$38,685

Up $2,410 (+6.6%) from 2018

Liabilities

Down

$0

Down $11,626 (-100%) from 2018

Revenue

Down

$112,925

Down $7,772 (-6.4%) from 2018

Expenses

Down

$110,515

Down $20,273 (-16%) from 2018

Net Income

Up

$2,410

Up $12,501 (+124%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $114,991Liabilities 2011: $5,675Net Assets 2011: $109,3162011Assets 2012: $153,021Liabilities 2012: $0Net Assets 2012: $153,0212012Assets 2013: $183,580Liabilities 2013: $10,061Net Assets 2013: $173,5192013Assets 2014: $115,403Liabilities 2014: $88Net Assets 2014: $115,3152014Assets 2015: $128,043Liabilities 2015: $5,069Net Assets 2015: $122,9742015Assets 2016: $115,862Liabilities 2016: $10,359Net Assets 2016: $105,5032016Assets 2017: $56,783Liabilities 2017: $10,417Net Assets 2017: $46,3662017Assets 2018: $47,901Liabilities 2018: $11,626Net Assets 2018: $36,2752018Assets 2019: $38,685Liabilities 2019: $0Net Assets 2019: $38,6852019Assets 2020: $39,352Liabilities 2020: $0Net Assets 2020: $39,3522020Assets 2021: $43,801Liabilities 2021: $0Net Assets 2021: $43,8012021

Highlighted filing

2019

Assets$38,685
Liabilities$0
Net Assets$38,685

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $132,424Expenses 2011: $201,839Net Income 2011: -$69,4152011Revenue 2012: $171,679Expenses 2012: $127,974Net Income 2012: $43,7052012Revenue 2013: $153,636Expenses 2013: $133,138Net Income 2013: $20,4982013Revenue 2014: $96,718Expenses 2014: $159,946Net Income 2014: -$63,2282014Revenue 2015: $140,500Expenses 2015: $132,841Net Income 2015: $7,6592015Revenue 2016: $232,227Expenses 2016: $184,580Net Income 2016: $47,6472016Revenue 2017: $46,238Expenses 2017: $105,375Net Income 2017: -$59,1372017Revenue 2018: $120,697Expenses 2018: $130,788Net Income 2018: -$10,0912018Revenue 2019: $112,925Expenses 2019: $110,515Net Income 2019: $2,4102019Revenue 2020: $2,947Expenses 2020: $2,280Net Income 2020: $6672020Revenue 2021: $5,717Expenses 2021: $1,030Net Income 2021: $4,6872021

Highlighted filing

2019

Revenue$112,925
Expenses$110,515
Net Income$2,410
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 7, 2020
Return Version
2019v5.0
Gross Receipts
$112,999
Mission and Program Overview

Mission

To increase diversity in design profession.

Program Services

DescriptionGrantsExpenses
TO HELP KIDS CREATE. A MENTORING PROGRAM FOR THE DISADVANTAGED YOUTHS TO PAIR THEM WITH CREATIVE PROFESSIONALS TO PRODUCE ORIGINAL ARTWORK AND INCREASE THEIR EXPOSURE TO ART.$44,947$100,807
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK RANDALLPresident-$42,600-$42,600
FRANCESCA CAMBARERITreasurer-$7,255-$7,255
TOM KOKENVice President-$0--
Filing and Contact Details

Filer

Filer Name
Worldstudio Foundation Inc
EIN
13-3776523
Phone
2123661317
Address
1239 BROADWAY, NEW YORK, NY 10001

Signing Officer

Name
Mark Randall
Title
President
Phone
9146860400
Signed
2020-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Kirshenbaum & Urban Llp
Address
10 Bank Street STE 580, White Plains, NY 10606
Preparer
Adam A Urban CPA
Phone
9146860400
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2700

Other Expenses.1002

Office Expenses $636

Other Expenses.1003

Information Technology $520

Other Expenses.1009

Depreciation $70

Other Expenses.1012

Insurance $378

Other Expenses.1

Outside Services $38750

Other Expenses.3

Professional Fees $2000

Other Expenses.4

Fiscal Sponsorship $1001

Other Expenses.5

Bank Service Charges $450

Other Expenses.6

Dues and Subscriptions $250

Other Expenses.7

Miscellaneous $127

Other Expenses.8

Taxes Paid $50

Other Assets.1003

Machinery and Equipment - Beginning $1083 Machinery and Equipment - Ending $1013

Other Assets.1

Unrealized loss on securities - Beginning $0 Unrealized loss on securities - Ending $289

Total Liabilities.1

Credit Cards Payable - Beginning $1011 Credit Cards Payable - Ending $0

Total Liabilities.2

Loans and exchanges - Beginning $10614 Loans and exchanges - Ending $0

Raw XML Appendix180 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank Service Charges $450
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ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK RANDALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09146860400
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLDSTUDIO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0133776523
ReturnHeader/Filer/PhoneNum02123661317
ReturnHeader/Filer/USAddress/AddressLine1Txt01239 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814682803
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 Bank Street STE 580
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0White Plains
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010606
ReturnHeader/PreparerPersonGrp/PhoneNum09146860400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam A Urban CPA
ReturnHeader/ReturnTs02020-05-07T08:19:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings