Civic Intelligence

Fermata Arts Foundation Inc

EIN 26-3396309 • 501(c)3 • Avon, CT

Profile

The overall mission of the Corporation is to aid in the preservation of peace through mutual respect, understanding and cooperation. The model for achieving this is through the synthesis of art, architecture, philosophy and poetry. The Corporation exists to promote and encourage true intercultural dialogue between countries, through which the representatives of different countries can discover shared values and spiritual commonality.

PO Box 197Avon, CT 06001

fermata-arts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

1.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$3,248

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

55th percentile

0.0%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

2.7%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Flat

$950

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Flat

$950

Flat from 2023

Revenue

Up

$68,112

Up $1,812 (+2.7%) from 2023

Expenses

Up

$67,362

Up $1,812 (+2.8%) from 2023

Net Income

Flat

$750

Flat from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0K$500$0Assets 2020: $200Liabilities 2020: $0Net Assets 2020: $2002020Assets 2021: $400Liabilities 2021: $0Net Assets 2021: $4002021Assets 2022: $200Liabilities 2022: $0Net Assets 2022: $2002022Assets 2023: $950Liabilities 2023: $0Net Assets 2023: $9502023Assets 2024: $950Liabilities 2024: $0Net Assets 2024: $9502024

Highlighted filing

2024

Assets$950
Liabilities$0
Net Assets$950

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0Revenue 2020: $52,316Expenses 2020: $52,216Net Income 2020: $1002020Revenue 2021: $60,553Expenses 2021: $60,353Net Income 2021: $2002021Revenue 2022: $65,540Expenses 2022: $65,540Net Income 2022: $02022Revenue 2023: $66,300Expenses 2023: $65,550Net Income 2023: $7502023Revenue 2024: $68,112Expenses 2024: $67,362Net Income 2024: $7502024

Highlighted filing

2024

Revenue$68,112
Expenses$67,362
Net Income$750

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$68,112
Mission and Program Overview

Mission

The overall mission of the Corporation is to aid in the preservation of peace through mutual respect, understanding and cooperation. The model for achieving this is through the synthesis of art, architecture, philosophy and poetry. The Corporation exists to promote and encourage true intercultural dialogue between countries, through which the representatives of different countries can discover shared values and spiritual commonality.

To aid in the preservation of peace through mutual respect, understanding and cooperation. The model for achieving this is through the synthesis of art, architecture, philosophy and poetry. The Corporation exists to promote and encourage true intercultural dialogue between countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$0$750▲ $750
Rtn Earn Endowment Incm Other Fnds$0$750▲ $750
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Cap Stk Tr Prin Current Funds$200$200→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$200$950▲ $750
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$200$950▲ $750
Total Liabilities and Net Assets / Fund Balance$200$950▲ $750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sean CummingsPresidentPT$3,248$3,248

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$68,112
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$63,409
Change in Net Assets
$750

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$33,067Fair Market Value
Total Noncash Contributions$33,067-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,369
Salaries, Compensation, and Employee Benefits$6,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$14,650$0$0$14,650
Office Expenses$10,456$0$0$10,456
Current Officers, Directors, Trustees, and Key Employees$6,497$0$0$6,497
Fees for Services Management$4,600$0$0$4,600
Information Technology$4,339$0$0$4,339
Occupancy$3,102$0$0$3,102
Advertising$2,050$0$0$2,050
Fees for Services Accounting$1,502$0$0$1,502
Payroll Taxes$496$0$0$496
Other Expenses$470$0$0$470
Total Functional Expenses$67,362$0$0$67,362
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Conflict-of-interest policy
Yes
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 2

Tatyana Ishutkina, Executive Director, is a mother-in-law of Sean Cummings, Director

Form 990, Part VI, Section A, Line 9

Sean Cummings: P.O. Box 327, Roxbury, VT 05669; Dr. Pamela Gay: 739 St. Louis St. Edwardsville; Dr. Victor Shadrin: 2109 SE 118th Ave Portland, OR 07216; Prof. Igor O. Klimov: Gvardeytsev Shironintsev Str. 38, apt 191, Kharkiv 61123, Ukraine; Dr. Turatbek Dujshenaliev: Bekbekei st., 52, Ak-Orgoo, Bishkek, Kyrgyzstan; Davit Koiava: 1 Tsereteli Ave, Tbilisi, Georgia, 0112; Yelyzaveta Klimova: Agnesgasse 15, Nuremberg, Germany, 90403.

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

We have a set of procedures that are documented in the accounting policies and procedures manual, and they have been consistently applied. There is an approval process steps adequate to ensure a compelling Form 990 is completed each year and key leadership positions such as the CEO, Board Chair, and Treasurer are included.

Form 990, Part VI, Section C, Line 19

Articles of incorporation, bylaws are available through the law firm Reid and Riege, P.C. Servicing the organization

Filing and Contact Details

Filer

Filer Name
Fermata Arts Foundation Inc
EIN
26-3396309
Phone
8604041781
Address
PO Box 197, Avon, CT 06001

Signing Officer

Name
Tatyana Ishutkina
Title
Executive Director
Phone
8604041781
Signed
2025-05-08

Organization Details

Principal Officer
Tatyana Ishutkina
Formed
2008
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
55
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Other expenses include: Drawings transportation; Drawings Scanning; Drawings Mounting; Drawings Labeling; Development of print materials for exhibition (fliers, press releases, etc.); Documenting Exhibition (photos, videos, web site update, etc); Program proposal formulation; Participants search; Translation services to the language of the specific country; Exhibition proposal formulation; Exhibition location search; Web site update (drawings); Web site update (exhibitions); Exhibition space reservation cost; Exhibition mounting/dismounting; Certificates of participation (design, printing, mailing, etc); Presentations/Lectures; Interview of children; Exhibition report preparation and publishing; etc.

Raw XML AppendixShowing 400 of 566 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/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The overall mission of the Corporation is to aid in the preservation of peace through mutual respect, understanding and cooperation. The model for achieving this is through the synthesis of art, architecture, philosophy and poetry. The Corporation exists to promote and encourage true intercultural dialogue between countries, through which the representatives of different countries can discover shared values and spiritual commonality.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0200
IRS990/NetAssetsOrFundBalancesEOYAmt0950
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt029700
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt03102
IRS990/OccupancyGrp/TotalAmt03102
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010456
IRS990/OfficeExpensesGrp/TotalAmt010456
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Project Materials and Equipment
IRS990/OtherExpensesGrp/Desc1Printing and Reproduction
IRS990/OtherExpensesGrp/Desc2Bank fees & Payroll Processing Fees, Dues, Fees
IRS990/OtherExpensesGrp/Desc3Professional Development
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt014900
IRS990/OtherExpensesGrp/ProgramServicesAmt12750
IRS990/OtherExpensesGrp/ProgramServicesAmt21550
IRS990/OtherExpensesGrp/ProgramServicesAmt3470
IRS990/OtherExpensesGrp/TotalAmt014900
IRS990/OtherExpensesGrp/TotalAmt12750
IRS990/OtherExpensesGrp/TotalAmt21550
IRS990/OtherExpensesGrp/TotalAmt3470
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0496
IRS990/PayrollTaxesGrp/TotalAmt0496
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0750
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Tatyana Ishutkina
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt066300
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt058558
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0750
IRS990/PYSalariesCompEmpBnftPaidAmt06992
IRS990/PYTotalExpensesAmt065550
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt066300
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0750
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt068112
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0750
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043067

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