Civic Intelligence

Visual Arts Foundation Inc.

990 • Fiscal year 2020 • EIN 13-6261474

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 15, 2021

Organization ProfileWWW.VISUALARTSFOUNDATION.ORG
220 East 23rd Street No 609New York, NY 10010

(212) 592-2227

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Net Margin

92nd percentile

62%

Higher net margin than 92% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-16%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$4,156,294

Up $585,560 (+16%) from 2019

Net Assets

Up

$4,154,294

Up $586,060 (+16%) from 2019

Liabilities

Down

$2,000

Down $500 (-20%) from 2019

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin92nd percentile

Revenue

Down

$656,350

Down $123,161 (-16%) from 2019

Expenses

Up

$249,723

Up $15,988 (+6.8%) from 2019

Net Income

Down

$406,627

Down $139,149 (-25%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,205,632Liabilities 2010: $149,138Net Assets 2010: $2,056,4942010Assets 2011: $2,063,296Liabilities 2011: $98,666Net Assets 2011: $1,964,6302011Assets 2012: $2,296,774Liabilities 2012: $72,711Net Assets 2012: $2,224,0632012Assets 2014: $2,631,736Liabilities 2014: $136,306Net Assets 2014: $2,495,4302014Assets 2015: $2,879,193Liabilities 2015: $54,368Net Assets 2015: $2,824,8252015Assets 2016: $2,904,091Liabilities 2016: $52,302Net Assets 2016: $2,851,7892016Assets 2017: $3,032,225Liabilities 2017: $44,376Net Assets 2017: $2,987,8492017Assets 2018: $2,935,216Liabilities 2018: $44,376Net Assets 2018: $2,890,8402018Assets 2019: $3,570,734Liabilities 2019: $2,500Net Assets 2019: $3,568,2342019Assets 2020: $4,156,294Liabilities 2020: $2,000Net Assets 2020: $4,154,2942020Assets 2021: $5,109,948Liabilities 2021: $3,550Net Assets 2021: $5,106,3982021Assets 2022: $4,236,571Liabilities 2022: $21,500Net Assets 2022: $4,215,0712022Assets 2024: $4,989,600Liabilities 2024: $975Net Assets 2024: $4,988,6252024

Highlighted filing

2020

Assets$4,156,294
Liabilities$2,000
Net Assets$4,154,294
Open 2020 Filing

Operations Trend

Revenue Growth45th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $308,598Expenses 2010: $221,193Net Income 2010: $87,4052010Expenses 2011: $275,3572011Revenue 2012: $265,875Expenses 2012: $205,968Net Income 2012: $59,9072012Revenue 2014: $378,823Expenses 2014: $171,049Net Income 2014: $207,7742014Revenue 2015: $523,038Expenses 2015: $193,001Net Income 2015: $330,0372015Revenue 2016: $269,314Expenses 2016: $201,326Net Income 2016: $67,9882016Revenue 2017: $290,914Expenses 2017: $204,281Net Income 2017: $86,6332017Revenue 2018: $224,375Expenses 2018: $266,864Net Income 2018: -$42,4892018Revenue 2019: $779,511Expenses 2019: $233,735Net Income 2019: $545,7762019Revenue 2020: $656,350Expenses 2020: $249,723Net Income 2020: $406,6272020Revenue 2021: $1,203,121Expenses 2021: $310,028Net Income 2021: $893,0932021Revenue 2022: $569,531Expenses 2022: $312,223Net Income 2022: $257,3082022Revenue 2024: $609,852Expenses 2024: $343,697Net Income 2024: $266,1552024

Highlighted filing

2020

Revenue$656,350
Expenses$249,723
Net Income$406,627
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 15, 2021
Return Version
2020v4.1
Gross Receipts
$3,556,350
Mission and Program Overview

Mission

The mission of the visual arts foundation is to advance the arts as both individual vocation and social force. The foundation supports emerging artists and broadens audiences for their work, fosters a climate that values and seeks understanding of the arts, and increases visual literacy and appreciation for "the artist's life".

A not-for-profit organization that provides scholarships for deserving students studying art

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,431,865$2,501,225▲ $69,360
Investments in Publicly Traded Securities$419,472$925,845▲ $506,373
Cash and Non-Interest-Bearing Accounts$112,506$125,713▲ $13,207
Pledges and Grants Receivable$48,500$0▼ $48,500
Land, Buildings, and Equipment, Net$20,830$12,500▼ $8,330
Total Assets$3,570,734$4,156,294▲ $585,560
Other Assets Total$537,561$591,011▲ $53,450
Liabilities
Accounts Payable and Accrued Expenses$2,500$2,000▼ $500
Total Liabilities$2,500$2,000▼ $500
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,879,476$3,229,775▲ $350,299
Net Assets Without Donor Restrictions$688,758$924,519▲ $235,761
Total Net Assets Fund Balance$3,568,234$4,154,294▲ $586,060
Total Liabilities and Net Assets / Fund Balance$3,570,734$4,156,294▲ $585,560

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,500$73,509$86,009
Other Assets Org$5,441--
Other Securities$542,660--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,824,194$450,000▲ $11,565$82,050$2,203,709
2019$1,770,829$2,500▲ $100,116$49,251$1,824,194
2018$1,785,456$2,000▼ $8,077$8,550$1,770,829
2017$1,735,550$1,625▲ $88,708$40,427$1,785,456
2016$1,699,343$1,500▲ $51,707$17,000$1,735,550
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Jeffrey NesinPresident
Bashan AquartDirector
David RhodesDirector
Dee ItoDirector
Patti GreaneyDirector
Paul DavisDirector
Jacqueline HoffnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$575,334
Program Service Revenue
$0
Investment Income
$79,102
Other Revenue
$1,914
All Other Contributions
$575,334
Change in Net Assets
$406,627

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art95$53,450Fair Market Value (FMV) Appraisal Report
Total Noncash Contributions95$53,450-

Audited Revenue Reconciliation

Revenue per Audited Statements
$656,350
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$179,433
Total Revenue per Audited Statements
$835,783
Total Revenue per Form 990
$656,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$183,150
Other Expenses$66,573
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$183,150--$183,150
Fees for Services Accounting-$55,757-$55,757
Depreciation Depletion-$8,333-$8,333
Insurance-$1,843-$1,843
Office Expenses-$550-$550
Other Expenses-$90-$90
Total Functional Expenses$183,150$66,573$0$249,723

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$301,533
Expenses per Audited Statements$249,723
Total Expenses per Form 990$249,723
Expenses Not Reported on Form 990$51,810
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization has no committees with the authority to act on behalf of the board of directors.”

Form 990, Part VI, Section B, Line 11B

“Each member of the governing body receives a copy of the form 990 for review prior to the return being filed with the irs”

Form 990, Part VI, Section C, Line 19

“Financial statements and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Visual Arts Foundation Inc
EIN
13-6261474
Phone
2125922227
Address
220 EAST 23RD STREET NO 609, NEW YORK, NY 10010

Signing Officer

Name
Jeffrey Nesin
Title
President
Phone
2125922227
Signed
2021-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Nesin
Formed
1968
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Ganer Ganer Pllc
Address
1995 BROADWAY 16TH FLOOR, NEW YORK, NY 10023
Preparer
Michael J Goldberg
Phone
2128731472
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the foundation qualifies for the charitable contribution deduction under section 170(b)(1)(a). Management has evaluated the tax positions of the foundation and concluded that the foundation has taken no uncertain tax positions that require adjustment or disclosure to the accompanying financial statements.”

Part V Line 4

“The organization's endowment funds are to be used primarily for scholarships.”

Raw XML AppendixShowing 400 of 433 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0190840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0151144
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01780198
IRS990ScheduleA/TotalSupportAmt02150007
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/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt0585570
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01824194
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0450000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02203709
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt011565
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt082050
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01770829
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01824194
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0100116
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt049251
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01785456
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01770829
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8077
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt08550
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01735550
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01625
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01785456
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt088708
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt040427
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01699343
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01735550
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt051707
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt017000
IRS990ScheduleD/DonatedServicesUseFcltsAmt051810
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073509
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086009
IRS990ScheduleD/ExpensesNotReportedAmt051810
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0249723
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0179433
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0585570
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15441
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ARTWORK
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0777180
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1181585
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2999800
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3542660
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BANK OF AMERICA 8000 SHARES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1BANK OF AMERICA
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CAPITAL ONE
IRS990ScheduleD/OtherSecuritiesGrp/Desc3GOLDMAN SACHS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/RevenueNotReportedAmt0179433
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0656350
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE FOUNDATION AND CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE TO THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO BE USED PRIMARILY FOR SCHOLARSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012500
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0591011
IRS990ScheduleD/TotalBookValueSecuritiesAmt02501225
IRS990ScheduleD/TotalExpensesPerForm990Amt0249723
IRS990ScheduleD/TotalRevenuePerForm990Amt0656350
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0835783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0301533
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0183150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS PAID TO INDIVIDUALS WITHIN THE U.S.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt078
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE AWARDED TO STUDENTS WHO DEMONSTRATE NEED AS DEFINED BY FAFSA AND MERIT AS DETERMINED BY THE DEPARTMENT CHAIR FOR WHOSE DEPARTMENT THE FUNDS ARE RESTRICTED. THESE RECOMMENDATIONS ARE THEN REVIEWED BY THE PRESIDENT OF THE FOUNDATION TO ENSURE THAT THE STUDENTS RECOMMENDED HAVE BOTH NEED AND MERIT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt01
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt095
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0FMV APPRAISAL REPORT
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt053450
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE GOVERNING BODY RECEIVES A COPY OF THE FORM 990 FOR REVIEW PRIOR TO THE RETURN BEING FILED WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03570734
IRS990/TotalAssetsEOYAmt04156294
IRS990/TotalAssetsGrp/BOYAmt03570734
IRS990/TotalAssetsGrp/EOYAmt04156294
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0575334
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066573
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0183150
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249723
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02500
IRS990/TotalLiabilitiesEOYAmt02000
IRS990/TotalLiabilitiesGrp/BOYAmt02500
IRS990/TotalLiabilitiesGrp/EOYAmt02000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03568234
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04154294
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0183150
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt081016
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0656350
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03570734
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04156294
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 EAST 23RD STREET NO 609
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010010
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VISUALARTSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,156,294
Liabilities
$2,000
Net assets
$4,154,294
Revenue
$656,350
Expenses
$249,723
Net income
$406,627
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.00$4.99$0.61$0.34$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$0.02$4.22$0.57$0.31$0.26
2021Summary only. Only limited summary data is available for this year.$5.11$0.00$5.11$1.20$0.31$0.89
2020Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.15$0.66$0.25$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.00$3.57$0.78$0.23$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.04$2.89$0.22$0.27$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.04$2.99$0.29$0.20$0.09
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.05$2.85$0.27$0.20$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.05$2.82$0.52$0.19$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.63$0.14$2.50$0.38$0.17$0.21
2012Summary only. Only limited summary data is available for this year.$2.30$0.07$2.22$0.27$0.21$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.10$1.96$0.28
2010Summary only. Only limited summary data is available for this year.$2.21$0.15$2.06$0.31$0.22$0.09