Civic Intelligence

Remi Arts Inc

990EZ • Fiscal year 2017 • EIN 13-4118362

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

2575 Palisade Ave Apt 10CBronx, NY 10463-6101

(718) 548-1714

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$3,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-39%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$24,666

Down $11,632 (-32%) from 2016

Net Assets

Down

$24,666

Down $11,632 (-32%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$44,950

Down $28,661 (-39%) from 2016

Expenses

Down

$56,582

Down $21,996 (-28%) from 2016

Net Income

Down

-$11,632

Down $6,665 (-134%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $126,933Liabilities 2011: $02011Assets 2012: $125,150Liabilities 2012: $02012Assets 2014: $97,999Liabilities 2014: $0Net Assets 2014: $97,9992014Assets 2015: $41,265Liabilities 2015: $0Net Assets 2015: $41,2652015Assets 2016: $36,298Liabilities 2016: $0Net Assets 2016: $36,2982016Assets 2017: $24,666Liabilities 2017: $0Net Assets 2017: $24,6662017Assets 2018: $27,828Liabilities 2018: $0Net Assets 2018: $27,8282018Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2017

Assets$24,666
Liabilities$0
Net Assets$24,666

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $47,750Expenses 2011: $60,662Net Income 2011: -$12,9122011Revenue 2012: $42,936Expenses 2012: $44,719Net Income 2012: -$1,7832012Revenue 2014: $80,096Expenses 2014: $70,323Net Income 2014: $9,7732014Revenue 2015: $43,806Expenses 2015: $100,540Net Income 2015: -$56,7342015Revenue 2016: $73,611Expenses 2016: $78,578Net Income 2016: -$4,9672016Revenue 2017: $44,950Expenses 2017: $56,582Net Income 2017: -$11,6322017Revenue 2018: $23,577Expenses 2018: $20,615Net Income 2018: $2,9622018Revenue 2023: $93Expenses 2023: $20,961Net Income 2023: -$20,8682023

Highlighted filing

2017

Revenue$44,950
Expenses$56,582
Net Income-$11,632
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$44,950
Mission and Program Overview

Mission

Promote public interest in the arts.

Program Services

DescriptionGrantsExpenses
PRODUCTION OF DOCUMENTARY ON REGINA RESNIK, RETITLED REGINA RESNIK: NEW YORK ORIGINAL.$0$48,205
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL PHILIP DAVIS SCHEDULE OPresident & Exec. DirectorPT$3,000-$3,000
MICHAEL BRONSONDirector-$0--
EVELYN K KOSSAKDirector-$0--
ALLEN GREENBERGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Remi Arts Inc
EIN
13-4118362
Phone
7185481714
Address
2575 PALISADE AVE APT 10C, BRONX, NY 10463-6101

Signing Officer

Name
Michael Philip Davis
Title
President
Phone
7185481714
Signed
2018-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
125 BAYLIS ROAD SUITE 300, MELVILLE, NY 11747
Preparer
Randi a Schuster
Phone
6317527400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous income. Amount: 128. Description: sale of artwork. Amount: 500. Description: licensing fee. Amount: 954. Total to form 990-ez, line 8: 1,582.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: information technology. Amount: 893. Description: insurance. Amount: 8,576. Description: meals & entertainment. Amount: 493. Description: miscellaneous fees. Amount: 620. Description: music rights. Amount: 25,365. Description: office expenses. Amount: 682. Description: dues and subscriptions. Amount: 712. Description: parking. Amount: 62. Total to form 990-ez, line 16: 37,403.

Part IV

Mr. Davis is a president of remi arts. He is not specifically compensated for his services as a president. However, he is a professional video and stage director, producer, author, performing artist and narrator. He brings all of these skills to the development and production of remi arts products. During the year ended december 31, 2017 mr. Davis was paid a technical artist fee as an independent contractor in the amount of $3,000.

Raw XML Appendix158 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL PHILIP DAVIS
IRS990EZ/BooksInCareOfDetail/PhoneNum07185481714
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02575 PALISADE AVE APT 10C
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0104636101
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036298
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024666
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt23000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL BRONSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EVELYN K KOSSAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL PHILIP DAVIS SCHEDULE O
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALLEN GREENBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT & EXEC. DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt037403
IRS990EZ/OtherRevenueTotalAmt01582
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE PUBLIC INTEREST IN THE ARTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRODUCTION OF DOCUMENTARY ON REGINA RESNIK, RETITLED REGINA RESNIK: NEW YORK ORIGINAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048205
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2013 AMOUNT: $ 870. 2014 AMOUNT: $ 607. 2015 AMOUNT: $ 526. 2016 AMOUNT: $ 30. 2017 AMOUNT: $ 1,582. SALE OF ARTWORK - 2016 AMOUNT: $ 2,586.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0870
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33900
IRS990ScheduleA/PublicSupportPY170Pct00.36700
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047075
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0284207
IRS990ScheduleA/TotalSupportAmt0290408
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 128. DESCRIPTION: SALE OF ARTWORK. AMOUNT: 500. DESCRIPTION: LICENSING FEE. AMOUNT: 954. TOTAL TO FORM 990-EZ, LINE 8: 1,582.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 893. DESCRIPTION: INSURANCE. AMOUNT: 8,576. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 493. DESCRIPTION: MISCELLANEOUS FEES. AMOUNT: 620. DESCRIPTION: MUSIC RIGHTS. AMOUNT: 25,365. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 682. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 712. DESCRIPTION: PARKING. AMOUNT: 62. TOTAL TO FORM 990-EZ, LINE 16: 37,403.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MR. DAVIS IS A PRESIDENT OF REMI ARTS. HE IS NOT SPECIFICALLY COMPENSATED FOR HIS SERVICES AS A PRESIDENT. HOWEVER, HE IS A PROFESSIONAL VIDEO AND STAGE DIRECTOR, PRODUCER, AUTHOR, PERFORMING ARTIST AND NARRATOR. HE BRINGS ALL OF THESE SKILLS TO THE DEVELOPMENT AND PRODUCTION OF REMI ARTS PRODUCTS. DURING THE YEAR ENDED DECEMBER 31, 2017 MR. DAVIS WAS PAID A TECHNICAL ARTIST FEE AS AN INDEPENDENT CONTRACTOR IN THE AMOUNT OF $3,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART IV
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL PHILIP DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07185481714
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REMI ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0REMI
ReturnHeader/Filer/EIN0134118362
ReturnHeader/Filer/PhoneNum07185481714
ReturnHeader/Filer/USAddress/AddressLine1Txt02575 PALISADE AVE APT 10C
ReturnHeader/Filer/USAddress/CityNm0BRONX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0104636101
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.255.126.197
ReturnHeader/FilingSecurityInformation/IPDt02018-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm015:25:05
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY VIRCHOW KRAUSE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 BAYLIS ROAD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum06317527400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDI A SCHUSTER
ReturnHeader/ReturnTs02018-11-06T15:38:24-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings