Civic Intelligence

Remi Arts Inc

990EZ • Fiscal year 2018 • EIN 13-4118362

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 03, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

78th percentile

$5,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$27,828

Up $3,162 (+13%) from 2017

Net Assets

Up

$27,828

Up $3,162 (+13%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$23,577

Down $21,373 (-48%) from 2017

Expenses

Down

$20,615

Down $35,967 (-64%) from 2017

Net Income

Up

$2,962

Up $14,594 (+125%) from 2017

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

2018

Assets$27,828
Liabilities$0
Net Assets$27,828

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

2018

Revenue$23,577
Expenses$20,615
Net Income$2,962
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 3, 2019
Return Version
2018v3.1
Gross Receipts
$23,577
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$11,364
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL PHILIP DAVIS SCHEDULE OPresident & Exec. DirectorPT$5,000-$5,000
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
2019-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
ONE PENN PLAZA SUITE 3000, NEW YORK, NY 10119
Preparer
Randi a Schuster
Phone
2126976900
Supplemental Narrative

Additional Explanations

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

Description: sale of artwork. Amount: 265. Description: licensing fee. Amount: 812. Total to form 990-ez, line 8: 1,077.

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

Description: bank charges. Amount: 220. Description: information technology. Amount: 1,137. Description: insurance. Amount: 3,285. Description: meals & entertainment. Amount: 733. Description: charitable contributions. Amount: 1,520. Description: office expenses. Amount: 166. Description: dues and subscriptions. Amount: 50. Description: film festival entry fees. Amount: 2,322. Total to form 990-ez, line 16: 9,433.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: expense adjustment. Amount: 200.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other assets. Beg. Of year amount: 0. End of year amount: 5,791.

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, 2018 mr. Davis was paid a technical artist fee as an independent contractor in the amount of $5,000.

Raw XML Appendix165 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
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/MadeLoansToFromOfficersInd00
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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/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt0200
IRS990EZ/OtherExpensesTotalAmt09433
IRS990EZ/OtherRevenueTotalAmt01077
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/ProgramServiceExpensesAmt011364
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2014 AMOUNT: $ 607. 2015 AMOUNT: $ 526. 2016 AMOUNT: $ 30. 2017 AMOUNT: $ 1,582. SALE OF ARTWORK - 2016 AMOUNT: $ 2,586. 2018 AMOUNT: $ 265.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33880
IRS990ScheduleA/PublicSupportPY170Pct00.33900
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SALE OF ARTWORK. AMOUNT: 265. DESCRIPTION: LICENSING FEE. AMOUNT: 812. TOTAL TO FORM 990-EZ, LINE 8: 1,077.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 220. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,137. DESCRIPTION: INSURANCE. AMOUNT: 3,285. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 733. DESCRIPTION: CHARITABLE CONTRIBUTIONS. AMOUNT: 1,520. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 166. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 50. DESCRIPTION: FILM FESTIVAL ENTRY FEES. AMOUNT: 2,322. TOTAL TO FORM 990-EZ, LINE 16: 9,433.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: EXPENSE ADJUSTMENT. AMOUNT: 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,791.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MR. 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, 2018 MR. DAVIS WAS PAID A TECHNICAL ARTIST FEE AS AN INDEPENDENT CONTRACTOR IN THE AMOUNT OF $5,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART 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/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL PHILIP DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07185481714
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-03
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
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId045D50D8E3994CEF8BF8842BFE43A81B55B26F885
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.255.126.197
ReturnHeader/FilingSecurityInformation/IPDt02019-10-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:09:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY VIRCHOW KRAUSE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE PENN PLAZA SUITE 3000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010119
ReturnHeader/PreparerPersonGrp/PhoneNum02126976900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDI A SCHUSTER
ReturnHeader/ReturnTs02019-11-12T09:26:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings