Civic Intelligence

National Asian Artists Project Inc

EIN 26-4641565 • 501(c)3 • New York, NY

Pub. 78 Eligible990-N CoverageNTEE A65

Profile

The corporation is formed for the cultural and educational purpose of promotinf diversity and racial/ethnic inclusion within theater supporting artistic growth of artists of asian decent.

C/O E Greenberg 501 Madison AveNew York, NY 10022

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.04x

Higher debt load relative to revenue than 68% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Source year 2024

Net Margin

19th percentile

-17%

Higher net margin than 19% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Source year 2024

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

NTEE A65 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-5.9%

Faster asset growth than 45% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-31%

Faster revenue growth than 24% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$363,550

Down $22,597 (-5.9%) from 2023

Liabilities

Up

$4,839

Up $574 (+13%) from 2023

Net Assets

Down

$358,711

Down $23,171 (-6.1%) from 2023

Operations
Liabilities / Revenue68th percentileNet Margin19th percentile

Revenue

Down

$137,124

Down $61,570 (-31%) from 2023

Expenses

Up

$160,295

Up $56,312 (+54%) from 2023

Net Income

Down

-$23,171

Down $117,882 (-124%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$400K$300K$200K$100K$0Assets 2020: $176,317Net Assets 2020: $176,3172020Assets 2021: $221,963Liabilities 2021: $4,004Net Assets 2021: $217,9592021Assets 2022: $291,877Liabilities 2022: $4,706Net Assets 2022: $287,1712022Assets 2023: $386,147Liabilities 2023: $4,265Net Assets 2023: $381,8822023Assets 2024: $363,550Liabilities 2024: $4,839Net Assets 2024: $358,7112024

Highlighted filing

2024

Assets$363,550
Liabilities$4,839
Net Assets$358,711
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

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

$200K$100K$0-$100KRevenue 2020: $91,317Expenses 2020: $49,415Net Income 2020: $41,9022020Revenue 2021: $69,573Expenses 2021: $27,931Net Income 2021: $41,6422021Revenue 2022: $130,673Expenses 2022: $61,461Net Income 2022: $69,2122022Revenue 2023: $198,694Expenses 2023: $103,983Net Income 2023: $94,7112023Revenue 2024: $137,124Expenses 2024: $160,295Net Income 2024: -$23,1712024

Highlighted filing

2024

Revenue$137,124
Expenses$160,295
Net Income-$23,171
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$363,550
Liabilities
$4,839
Net assets
$358,711
Revenue
$137,124
Expenses
$160,295
Net income
-$23,171
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.64$0.05$3.59$1.37$1.60$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.86$0.04$3.82$1.99$1.04$0.95
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.05$2.87$1.31$0.61$0.69
2021Detailed filing. Detailed filing data is available for this year.$2.22$0.04$2.18$0.70$0.28$0.42
2020Detailed filing. Detailed filing data is available for this year.$1.76$1.76$0.91$0.49$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 5, 2025
Return Version
2024v5.1
Gross Receipts
$137,124
Mission and Program Overview

Mission

The corporation is formed for the cultural and educational purpose of promotinf diversity and racial/ethnic inclusion within theater supporting artistic growth of artists of asian decent.

Program Services

DescriptionGrantsExpenses
MUSIC AND DANCE EDUCATIONAL PROGRAM:ALLOWS STUDENTS TRAINING AND ALLOWS THEM TO PERFORM FOR STUDENTS AND NATIONALCOMPETITION AND PROMISSING COMPOSERS AND LYRICISTS A DEVELOPMENT PATH$0$63,670
THEATER IN EDUCATIONPROVIDES MUSICAL THEATER TRAINING IN SCHOOL AND AFTER SCHOOL AT nyc PUBLIC SCHOOLS$0$21,525
BROADWAY COMMUNITY CHORUS:MEMBERSHIP CHORUS THAT PROVIDESOPPORTUNITY FOR SEASONED,EARLY CAREER AND AVOCATIONAL AAPI MUSICALTHEATRE ARTISTS TO PERFORM ROLES THEY WOULF RARELY IF EVER HAVE CHANCE TO PERFORM$0$15,380
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BAAYORK LEEExecutive Artistic DirectorFT$0--
ELLEN RUSCONICo-Treasurer/Director-$0--
ROSANNA LEECo-Treasurer / Director-$0--
CHESTER LEEDirector-$0--
Filing and Contact Details

Filer

Filer Name
National Asian Artists Project Inc
EIN
26-4641565
Phone
2123714114
Address
C/O E GREENBERG 501 MADISON AVE, NEW YORK, NY 10022

Signing Officer

Name
Baayork Lee
Title
President
Phone
2123714114
Signed
2025-02-05
Discuss with paid preparer
Yes

Preparer

Firm
Edward Greenberg
Address
509 MADISON AVE 4TH FL, NEW YORK, NY 10022
Preparer
Edward Greenberg
Phone
2123714114
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“INSURANCE 3719.”

Form 990EZ, Part I, Line 16

“MEALS 488.”

Form 990EZ, Part I, Line 16

“ADVERTISING 960.”

Form 990EZ, Part I, Line 16

“BANK FEES 402.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 1961.”

Form 990EZ, Part I, Line 16

“Dues and subscriptions 2440.”

Form 990EZ, Part I, Line 16

“TRAVEL 1665.”

Form 990EZ, Part I, Line 16

“PRODUCTION COSTS 65479.”

Form 990EZ, Part I, Line 16

“GRANT WRITING 1550.”

Form 990EZ, Part I, Line 16

“EVENTS 3893.”

Form 990EZ, Part I, Line 16

“LICENSES 3889.”

Form 990EZ, Part II, Line 26

“Due to officers 4265. 4839.”

Raw XML Appendix213 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHESTER LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE ARTISTIC DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION IS FORMED FOR THE CULTURAL AND EDUCATIONAL PURPOSE OF PROMOTINF DIVERSITY AND RACIAL/ETHNIC INCLUSION WITHIN THEATER SUPPORTING ARTISTIC GROWTH OF ARTISTS OF ASIAN DECENT.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BROADWAY COMMUNITY CHORUS:MEMBERSHIP CHORUS THAT PROVIDESOPPORTUNITY FOR SEASONED,EARLY CAREER AND AVOCATIONAL AAPI MUSICALTHEATRE ARTISTS TO PERFORM ROLES THEY WOULF RARELY IF EVER HAVE CHANCE TO PERFORM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THEATER IN EDUCATIONPROVIDES MUSICAL THEATER TRAINING IN SCHOOL AND AFTER SCHOOL AT nyc PUBLIC SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04265
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0160295
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt05350
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt016401
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt011050
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IRS990ScheduleA/InvestmentIncomeCYPct00.01270
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IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE 3719.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS 488.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADVERTISING 960.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES 402.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE EXPENSE 1961.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES AND SUBSCRIPTIONS 2440.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAVEL 1665.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRODUCTION COSTS 65479.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GRANT WRITING 1550.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EVENTS 3893.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LICENSES 3889.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DUE TO OFFICERS 4265. 4839.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BAAYORK LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02123714114
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL ASIAN ARTISTS PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0264641565
ReturnHeader/Filer/PhoneNum02123714114
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O E GREENBERG 501 MADISON AVE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010022
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132759327
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD GREENBERG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0509 MADISON AVE 4TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010022
ReturnHeader/PreparerPersonGrp/PhoneNum02123714114
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Edward Greenberg
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-09T08:29:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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