Civic Intelligence

Visual Arts Foundation Inc.

990 • Fiscal year 2022 • EIN 13-6261474

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 19, 2023

Organization ProfileWWW.VISUALARTSFOUNDATION.ORG
209 East 23rd StNew York, NY 10010

(212) 592-2227

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2022 filings • NTEE A • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

36th percentile

0.04x

Higher debt load relative to revenue than 36% of similar nonprofits.

2022 filings • NTEE A • $1M-$5M nonprofits • Source year 2022

Net Margin

85th percentile

45%

Higher net margin than 85% of similar nonprofits.

2022 filings • NTEE A • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2022 filings • NTEE A • $1M-$5M nonprofits • Source year 2022

Asset Growth

12th percentile

-17%

Faster asset growth than 12% of similar nonprofits.

2022 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-53%

Faster revenue growth than 8% of similar nonprofits.

2022 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$4,236,571

Down $873,377 (-17%) from 2021

Net Assets

Down

$4,215,071

Down $891,327 (-17%) from 2021

Liabilities

Up

$21,500

Up $17,950 (+506%) from 2021

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin85th percentile

Revenue

Down

$569,531

Down $633,590 (-53%) from 2021

Expenses

Up

$312,223

Up $2,195 (+0.7%) from 2021

Net Income

Down

$257,308

Down $635,785 (-71%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th 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

2022

Assets$4,236,571
Liabilities$21,500
Net Assets$4,215,071
Open 2022 Filing

Operations Trend

Revenue Growth8th 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

2022

Revenue$569,531
Expenses$312,223
Net Income$257,308
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 19, 2023
Return Version
2022v5.0
Gross Receipts
$570,746
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$3,253,299$2,340,109▼ $913,190
Investments in Publicly Traded Securities$1,031,812$945,863▼ $85,949
Cash and Non-Interest-Bearing Accounts$73,660$241,988▲ $168,328
Pledges and Grants Receivable$156,000$86,685▼ $69,315
Land, Buildings, and Equipment, Net$4,166$0▼ $4,166
Total Assets$5,109,948$4,236,571▼ $873,377
Other Assets Total$591,011$621,926▲ $30,915
Liabilities
Grants Payable$3,550$21,500▲ $17,950
Total Liabilities$3,550$21,500▲ $17,950
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,269,975$3,958,744▼ $311,231
Net Assets Without Donor Restrictions$836,423$256,327▼ $580,096
Total Net Assets Fund Balance$5,106,398$4,215,071▼ $891,327
Total Liabilities and Net Assets / Fund Balance$5,109,948$4,236,571▼ $873,377

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$86,009$86,009
Other Assets Org$5,441--
Other Securities$-945,864--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$3,205,315$7,999▼ $781,956$91,250$2,340,108
2021$2,203,709$602,500▲ $479,806$80,700$3,205,315
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
Compensation and Service Providers
Top Officer Pay36th 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
$248,256
Program Service Revenue
$60,779
Investment Income
$260,496
Other Revenue
$0
All Other Contributions
$248,256
Change in Net Assets
$257,308

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 Art140$30,915Appraisal
Total Noncash Contributions140$30,915-

Audited Revenue Reconciliation

Revenue per Audited Statements
$569,532
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,148,636
Total Revenue per Audited Statements
$-579,104
Total Revenue per Form 990
$569,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$199,463
Other Expenses$112,760
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$199,463--$199,463
Fees for Services Management-$112,760-$112,760
Total Functional Expenses$199,463$112,760$0$312,223

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$312,223
Total Expenses per Audited Statements$312,223
Total Expenses per Form 990$312,223
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
209 EAST 23RD ST, NEW YORK, NY 10010

Signing Officer

Name
Jeffrey Nesin
Title
President
Phone
2125922227
Signed
2023-06-19
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
Bonadio & Co Llp
Address
1040 AVENUE OF THE AMERICAS FL3, NEW YORK, NY 10018
Preparer
Michael J Goldberg
Phone
2126002854
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 475 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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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03205315
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt07999
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02340108
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-781956
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt091250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02203709
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0602500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03205315
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0479806
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt080700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01824194
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0450000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02203709
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011565
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt082050
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01770829
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01824194
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0100116
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt049251
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01785456
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01770829
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8077
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt08550
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086009
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086009
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0312223
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1148636
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0616485
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15441
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ARTWORK
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0344160
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1126960
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2315810
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3401513
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4236760
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5363400
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt693510
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7135280
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt8123320
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt9124880
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt101194
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1164435
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1257186
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1342846
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt149130
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt158041
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt16333208
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt17194364
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt183225
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19305454
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt201297
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21-945864
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BANK OF AMER FRN NON-CUM SER 5 (18000 SHARES)
IRS990ScheduleD/OtherSecuritiesGrp/Desc1BANK OF AMERICA
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CAPITAL ONE FINANCIAL 4.80%
IRS990ScheduleD/OtherSecuritiesGrp/Desc3GOLDMAN SACHS GROUP PFD D
IRS990ScheduleD/OtherSecuritiesGrp/Desc4BANK OF AMERICA CO 5.00 SER LL
IRS990ScheduleD/OtherSecuritiesGrp/Desc5CAPITAL ONE FINANCIAL 5%
IRS990ScheduleD/OtherSecuritiesGrp/Desc6CAPITAL ONE FIN CO 4.25%
IRS990ScheduleD/OtherSecuritiesGrp/Desc7FIRST REP BANK 4.25%
IRS990ScheduleD/OtherSecuritiesGrp/Desc8SIGNATURE BK NY 5.00%
IRS990ScheduleD/OtherSecuritiesGrp/Desc9U.S. BANCORP 3.75%
IRS990ScheduleD/OtherSecuritiesGrp/Desc10ABIOMED INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc11ATT
IRS990ScheduleD/OtherSecuritiesGrp/Desc12CON EDISON
IRS990ScheduleD/OtherSecuritiesGrp/Desc13SOUTHERN CO
IRS990ScheduleD/OtherSecuritiesGrp/Desc14COSTCO
IRS990ScheduleD/OtherSecuritiesGrp/Desc15WARNER BROS DISCOVERY
IRS990ScheduleD/OtherSecuritiesGrp/Desc16CLEARBRIDGE APPRECIATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc17US TREASURY BOND
IRS990ScheduleD/OtherSecuritiesGrp/Desc18ACCRUED INTEREST
IRS990ScheduleD/OtherSecuritiesGrp/Desc19MONEY MARKET
IRS990ScheduleD/OtherSecuritiesGrp/Desc20CASH
IRS990ScheduleD/OtherSecuritiesGrp/Desc21LESS: AMOUNTS INCLUDED IN ENDOWMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd11F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd12F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd13F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd14F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd15F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd16F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd17F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd18F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd19F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd20F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd21C
IRS990ScheduleD/RevenueNotReportedAmt0-1148636
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0569532
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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0621926
IRS990ScheduleD/TotalBookValueSecuritiesAmt02340109
IRS990ScheduleD/TotalExpensesPerForm990Amt0312223
IRS990ScheduleD/TotalRevenuePerForm990Amt0569532
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-579104
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0312223
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0185550
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS PAID TO INDIVIDUALS WITHIN THE U.S.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt080
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/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt0140
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt030915
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/TotalAssetsBOYAmt05109948
IRS990/TotalAssetsEOYAmt04236571
IRS990/TotalAssetsGrp/BOYAmt05109948

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,236,571
Liabilities
$21,500
Net assets
$4,215,071
Revenue
$569,531
Expenses
$312,223
Net income
$257,308
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
2022Detailed filing. Detailed filing data is available for this year.$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
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$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