Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Foundation of Artists Mentored in Entertainment
990EZ • Fiscal year 2020 • EIN 27-0150958
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Balance Sheet
Assets
Down$24,459
Down $4,290 (-15%) from 2019
Net Assets
Down$24,212
Down $4,208 (-15%) from 2019
Liabilities
Down$247
Down $82 (-25%) from 2019
Revenue And Expenses
Revenue
Down$5,861
Down $23,085 (-80%) from 2019
Expenses
Down$10,069
Down $13,053 (-56%) from 2019
Net Income
Down-$4,208
Down $10,032 (-172%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Feb 11, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $5,861
Mission and Program Overview
Mission
Support young performerscareers
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 2020 On Camera Class for Actors helped qualified deserving Chicagoland performing winning artists in the arts and entertainment career and helped them to become better actors | $2,995 | $4,850 |
| 2020 An Evening of FAME helped qualified deserving Chicagoland performing winning artists, financial and mentorship awards to help them in the art career | - | $1,830 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lily Liu | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Mentoring Artists Chicago
- EIN
- 27-0150958
- Address
- 1300 N Lakeshore Drive STE 9-B, Chicago, IL 60610-5152
Signing Officer
- Name
- Lily Liu
- Title
- President
- Phone
- 3126012345
- Signed
- 2021-02-11
- Discuss with paid preparer
- No
Preparer
- Firm
- Jun Zhou CPA Ltd
- Address
- 625 N Michigan Ave Suite 1705, Chicago, IL 60611
- Preparer
- Yiru Chen
- Phone
- 3128088899
Supplemental Narrative
Additional Explanations
General explanation attachment
“MENTORING ARTISTS CHICAGO 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 2,995”
Description of other expenses Part I line 16
“Description AmountBusiness Reglstration Fee 45Donations 100Bank Charge 11Event Expenses 1,743Travel and Meetings 84”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearCredit Card Payable 329 247”
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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MENTORING ARTISTS CHICAGO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3126012345 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1300 N Lake Shore Drive 9-B |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Chicago |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60610 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 28749 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24459 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5861 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4208 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 494 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 28749 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24459 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 2995 |
| IRS990EZ/GrossReceiptsAmt | 0 | 5861 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NameChangeInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 28420 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24212 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 28420 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24212 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4265 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Lily Liu |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1983 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Support young performerscareers |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 332 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 2020 An Evening of FAME helped qualified deserving Chicagoland performing winning artists, financial and mentorship awards to help them in the art career |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | 2020 On Camera Class for Actors helped qualified deserving Chicagoland performing winning artists in the arts and entertainment career and helped them to become better actors |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 2995 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1830 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 4850 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 329 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 247 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 10069 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 6680 |
| IRS990EZ/TotalRevenueAmt | 0 | 5861 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | http://www.fame-chicago.org/ |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 5861 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 28946 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23810 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 74617 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 74617 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 5861 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 28946 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23810 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 74617 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 5861 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 28946 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 23810 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 6000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 74617 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MENTORING ARTISTS CHICAGO 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/ExplanationTxt | 1 | Amount 2,995 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountBusiness Reglstration Fee 45Donations 100Bank Charge 11Event Expenses 1,743Travel and Meetings 84 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearCredit Card Payable 329 247 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Lily Liu |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3126012345 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MENTORING ARTISTS CHICAGO |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MENT |
| ReturnHeader/Filer/EIN | 0 | 270150958 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1300 N Lakeshore Drive STE 9-B |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Chicago |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 606105152 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 463402870 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Jun Zhou CPA Ltd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 625 N Michigan Ave Suite 1705 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Chicago |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60611 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3128088899 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-03-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Yiru Chen |
| ReturnHeader/ReturnTs | 0 | 2021-03-04T17:44:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Lily |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Liu |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,459
- Liabilities
- $247
- Net assets
- $24,212
- Revenue
- $5,861
- Expenses
- $10,069
- Net income
- -$4,208