Civic Intelligence

Martina Arroyo Foundation Inc

990 • Fiscal year 2020 • EIN 13-4236056

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 01, 2021

200 Central Park SouthNew York, NY 10019

(212) 265-8787

Siviq Scores

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

Liabilities / Assets

78th percentile

0.26x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.55x

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

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

-3.5%

Higher net margin than 37% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

0.4%

Faster asset growth than 44% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-67%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$223,159

Up $838 (+0.4%) from 2019

Net Assets

Down

$164,531

Down $3,708 (-2.2%) from 2019

Liabilities

Up

$58,628

Up $4,546 (+8.4%) from 2019

Revenue

Down

$106,289

Down $212,733 (-67%) from 2019

Expenses

Down

$109,974

Down $201,392 (-65%) from 2019

Net Income

Down

-$3,685

Down $11,341 (-148%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $124,106Liabilities 2010: $20,595Net Assets 2010: $103,5112010Assets 2011: $151,446Liabilities 2011: $13,055Net Assets 2011: $138,3912011Assets 2012: $174,435Liabilities 2012: $80,100Net Assets 2012: $94,3352012Assets 2013: $145,879Liabilities 2013: $57,195Net Assets 2013: $88,6842013Assets 2014: $212,219Liabilities 2014: $95,948Net Assets 2014: $116,2712014Assets 2015: $253,575Liabilities 2015: $154,256Net Assets 2015: $99,3192015Assets 2016: $253,640Liabilities 2016: $128,817Net Assets 2016: $124,8232016Assets 2018: $289,361Liabilities 2018: $128,778Net Assets 2018: $160,5832018Assets 2019: $222,321Liabilities 2019: $54,082Net Assets 2019: $168,2392019Assets 2020: $223,159Liabilities 2020: $58,628Net Assets 2020: $164,5312020Assets 2021: $246,506Liabilities 2021: $58,628Net Assets 2021: $187,8782021Assets 2022: $186,979Liabilities 2022: $57,916Net Assets 2022: $129,0632022Assets 2024: $235,178Liabilities 2024: $84,416Net Assets 2024: $150,7622024

Highlighted filing

2020

Assets$223,159
Liabilities$58,628
Net Assets$164,531

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $390,677Expenses 2010: $398,417Net Income 2010: -$7,7402010Expenses 2011: $396,7072011Expenses 2012: $315,7982012Revenue 2013: $376,167Expenses 2013: $381,818Net Income 2013: -$5,6512013Revenue 2014: $450,888Expenses 2014: $423,340Net Income 2014: $27,5482014Revenue 2015: $548,871Expenses 2015: $560,181Net Income 2015: -$11,3102015Revenue 2016: $577,907Expenses 2016: $552,402Net Income 2016: $25,5052016Revenue 2018: $513,608Expenses 2018: $418,902Net Income 2018: $94,7062018Revenue 2019: $319,022Expenses 2019: $311,366Net Income 2019: $7,6562019Revenue 2020: $106,289Expenses 2020: $109,974Net Income 2020: -$3,6852020Revenue 2021: $92,962Expenses 2021: $68,905Net Income 2021: $24,0572021Revenue 2022: $3,758Expenses 2022: $61,288Net Income 2022: -$57,5302022Revenue 2024: $15,978Expenses 2024: $30,846Net Income 2024: -$14,8682024

Highlighted filing

2020

Revenue$106,289
Expenses$109,974
Net Income-$3,685
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 1, 2021
Return Version
2019v5.1
Gross Receipts
$106,289
Mission and Program Overview

Mission

The foundation offers a structured curriculum, focusing on the study and preparation of complete operatic roles for emerging young artists at the inception of their careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$146,958$168,608▲ $21,650
Cash and Non-Interest-Bearing Accounts$71,001$51,890▼ $19,111
Loans From Officers Directors$50,000$50,000→ $0
Accounts Receivable$9,380$0▼ $9,380
Prepaid Expenses and Deferred Charges$4,362$2,661▼ $1,701
Total Assets$231,701$223,159▼ $8,542
Liabilities
Accounts Payable and Accrued Expenses$13,128$8,628▼ $4,500
Deferred Revenue$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$63,128$58,628▼ $4,500
Net Assets / Fund Balance
Net Assets With Donor Restrictions$155,131$155,131→ $0
Net Assets Without Donor Restrictions$13,442$9,400▼ $4,042
Total Net Assets Fund Balance$168,573$164,531▼ $4,042
Total Liabilities and Net Assets / Fund Balance$231,701$223,159▼ $8,542

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$169,093---$169,093
2018$169,093---$169,093
2017$169,093---$169,093
2016$169,093---$169,093
2015$165,451-▲ $12,642-$169,093
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew Martin-weberVice President
Mariana ZvetkovaVice President
-Director
Anthony LaciuraDirector
Beatrice DismanDirector
Cecilia TengDirector
Ellen GodfreyDirector
Hon John G KoeltlDirector
Kenneth F KoenDirector
Mark RuckerDirector
Mason GrangerDirector
Murray RosenthalDirector
Nimet HabachyDirector
Martina ArroyoPresdient
Revenue and Support

Revenue Composition

Contributions and Grants
$73,860
Program Service Revenue
$17,750
Investment Income
$14,679
Other Revenue
$0
All Other Contributions
$73,860
Change in Net Assets
$-3,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,916
Salaries, Compensation, and Employee Benefits$19,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$16,730$31,400$0$48,130
Other Salaries and Wages$8,851$8,851$0$17,702
Fees for Services Management$6,384$6,385$0$12,769
Fees for Services Accounting$0$9,336$0$9,336
Other Expenses$8,890$0$0$8,890
Insurance$0$7,055$0$7,055
Travel$0$4,539$0$4,539
Payroll Taxes$678$678$0$1,356
Conferences and Meetings$0$197$0$197
Total Functional Expenses$41,533$68,441$0$109,974
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Prelude$10,000$10,000-$10,000
Role Class$7,750$7,750-$7,750
Total Events$17,750$17,750-$17,750
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,000$50,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
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
Martina Arroyo Foundation
EIN
13-4236056
Phone
2122658787
Address
200 CENTRAL PARK SOUTH, NEW YORK, NY 10019

Signing Officer

Name
Martina Arroyo
Title
President
Phone
2122658787
Signed
2021-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martina Arroyo
Formed
2003
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
6

Preparer

Firm
Miracle Management Llp
Address
250 W 57TH STREET SUITE 2203, NEW YORK, NY 10107
Preparer
Marcelle Tosi
Phone
2122658787
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Report is available to all directors

Pt VI, Line 12C

REGULAR BOARD MEETINGS

Pt VI, Line 15B

Discussed at board meetings

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IRS990/ProgramServiceRevenueGrp/Desc1ROLE CLASS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17750
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0ROLE CLASS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08890
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07750
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAM DEVELOPMENT
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt032643
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0185345
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011955
IRS990/PYOtherExpensesAmt0227731
IRS990/PYOtherRevenueAmt080144
IRS990/PYProgramServiceRevenueAmt041611
IRS990/PYRevenuesLessExpensesAmt03038
IRS990/PYSalariesCompEmpBnftPaidAmt088286
IRS990/PYTotalExpensesAmt0316017
IRS990/PYTotalRevenueAmt0319055
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-3685
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0185345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0359479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0469963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0137846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0295979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01448612
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05933
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02266
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt018929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0148196
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt094296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0429413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0366197
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01038102
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05933
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010730
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02266
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt018929
IRS990ScheduleA/InvestmentIncomeCYPct00.00760
IRS990ScheduleA/InvestmentIncomePYPct00.01030
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99240
IRS990ScheduleA/PublicSupportPY509Pct00.98970
IRS990ScheduleA/PublicSupportTotal509Amt02486714
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0185345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0507675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0564259
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0567259
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0662176
IRS990ScheduleA/Total509Grp/TotalAmt02486714
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02505643
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0169093
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0169093
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0169093
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0169093
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0169093
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0169093
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0169093
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0169093
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0165451
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0169093
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt09000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012642
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PRELUDE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ROLE CLASS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017750
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017750
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FUNDING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MARTINA ARROYO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt050000
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REPORT IS AVAILABLE TO ALL DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGULAR BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.84$1.51$0.16$0.31$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.58$1.29$0.04$0.61$0.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.59$1.88$0.93$0.69$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.23$0.59$1.65$1.06$1.10$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.54$1.68$3.19$3.11$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$1.29$1.61$5.14$4.19$0.95
2016Summary only. Only limited summary data is available for this year.$2.54$1.29$1.25$5.78$5.52$0.26
2015Summary only. Only limited summary data is available for this year.$2.54$1.54$0.99$5.49$5.60$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.12$0.96$1.16$4.51$4.23$0.28
2013Summary only. Only limited summary data is available for this year.$1.46$0.57$0.89$3.76$3.82$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.80$0.94$3.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.13$1.38$3.97
2010Summary only. Only limited summary data is available for this year.$1.24$0.21$1.04$3.91$3.98$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits