Civic Intelligence

Foundation of Artists Mentored in Entertainment

990EZ • Fiscal year 2018 • EIN 27-0150958

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 09, 2019

Organization Profilewww.fame-chicago.org
1300 N Lakeshore DriveChicago, IL 60610-5152

(312) 601-2345

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

$22,596

No earlier filing loaded for comparison.

Net Assets

$22,596

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin74th percentile

Revenue

$23,810

No earlier filing loaded for comparison.

Expenses

$19,586

No earlier filing loaded for comparison.

Net Income

$4,224

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$30K$20K$10K$0Assets 2018: $22,596Liabilities 2018: $0Net Assets 2018: $22,5962018Assets 2019: $28,749Liabilities 2019: $329Net Assets 2019: $28,4202019Assets 2020: $24,459Liabilities 2020: $247Net Assets 2020: $24,2122020Assets 2021: $30,113Liabilities 2021: $65Net Assets 2021: $30,0482021Assets 2022: $37,202Liabilities 2022: $501Net Assets 2022: $36,7012022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$22,596
Liabilities$0
Net Assets$22,596
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$20K$0-$20K-$40KRevenue 2018: $23,810Expenses 2018: $19,586Net Income 2018: $4,2242018Revenue 2019: $28,946Expenses 2019: $23,122Net Income 2019: $5,8242019Revenue 2020: $5,861Expenses 2020: $10,069Net Income 2020: -$4,2082020Revenue 2021: $15,476Expenses 2021: $9,640Net Income 2021: $5,8362021Revenue 2022: $28,153Expenses 2022: $21,500Net Income 2022: $6,6532022Revenue 2023: $322Expenses 2023: $32,023Net Income 2023: -$31,7012023

Highlighted filing

2018

Revenue$23,810
Expenses$19,586
Net Income$4,224
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 9, 2019
Return Version
2018v3.1
Gross Receipts
$23,810
Mission and Program Overview

Mission

Support young performerscareers

Program Services

DescriptionGrantsExpenses
April 2018 An Evening of FAMEHelp qualified deserving Chicagoland performing winning artists financial and mentorship awards to help them in the art career$2,520$11,145
October 2018 Bubbles & Brunch Help qualified deserving Chicagoland performing winning artists financial and mentorship awards to help them in the arts and entertainment career$125$4,547
September 2018 Summer Program Help qualified deserving Chicagoland performing winning artists financial and mentorship awards to help them in the arts and entertainment career$107$907
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lily LiuPresident-$0--
Filing and Contact Details

Filer

Filer Name
Foundation of Artists Mentored in Entertainment
EIN
27-0150958
Address
1300 N Lakeshore Drive, Chicago, IL 60610-5152

Signing Officer

Name
Lily Liu
Title
President
Phone
3126012345
Signed
2019-10-09
Discuss with paid preparer
No

Preparer

Firm
Jun Zhou CPA Ltd
Address
625 N Michigan Ave Suite 1705, Chicago, IL 60611
Preparer
Jun Zhou
Phone
3128088899
Supplemental Narrative

Additional Explanations

General explanation attachment

“FAME awards multiple financial and educational grants to young artists. Above and beyond funding, our program is the only one that also mentors those awardees. If you see it, you can be it is our mantra so our program partners aspiring artists with established performers”

List of grants and similar amounts paid Part I line 10

“Amount 2,751”

Description of other expenses Part I line 16

“Description AmountBusiness Reglstration Fee 10Donations 100Bank Charge 44Event Expenses 2,672Memberships 125”

Raw XML Appendix140 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.

Path#Value
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02520
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2907
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019586
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IRS990EZ/TotalRevenueAmt023810
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAME awards multiple financial and educational grants to young artists. Above and beyond funding, our program is the only one that also mentors those awardees. If you see it, you can be it is our mantra so our program partners aspiring artists with established performers
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amount 2,751
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountBusiness Reglstration Fee 10Donations 100Bank Charge 44Event Expenses 2,672Memberships 125
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
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ReturnHeader/ReturnTs02019-10-15T17:41:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,596
Liabilities
$0
Net assets
$22,596
Revenue
$23,810
Expenses
$19,586
Net income
$4,224
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.32$32.0$31.7
2022Detailed filing. Detailed filing data is available for this year.$37.2$0.50$36.7$28.2$21.5$6.65
2021Detailed filing. Detailed filing data is available for this year.$30.1$0.07$30.0$15.5$9.64$5.84
2020Detailed filing. Detailed filing data is available for this year.$24.5$0.25$24.2$5.86$10.1$4.21
2019Detailed filing. Detailed filing data is available for this year.$28.7$0.33$28.4$28.9$23.1$5.82
2018Detailed filing. Detailed filing data is available for this year.$22.6$0.00$22.6$23.8$19.6$4.22