Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
16.56x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$147,762
No earlier filing loaded for comparison.
Net Assets
-$2,299,432
No earlier filing loaded for comparison.
Liabilities
$2,447,194
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$74,850
No earlier filing loaded for comparison.
Expenses
$2,003,637
No earlier filing loaded for comparison.
Net Income
-$1,928,787
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2010 to May 31, 2011
- Signed
- Mar 4, 2012
- Return Version
- 2010v3.2
Mission and Program Overview
Mission
Ace Museum is an institution for the contemporay arts, focusing upon exhibitions with the international leaders and the cutting edge artists of our time concentrating upon fine art of all media, photography, architecture, design and fashion. The Museum will present exhibitions of important figures or movementsthat might not otherwise tour to Los Angeles. The main purpose of the Musuem is to establish a museum for fine art, architecture, and design, and to provideart education and to advocate for increasing public support for art education.The museum will act as both a resource for those with limited or no access to arteducation, and as an adovcate for increasing the role of art education in public schools.
Filing and Contact Details
Filer
- EIN
- 27-0410240
Raw XML Appendix174 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/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | Fredrick Nicholas |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | Andrea Nasher |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | Jennifer Kellen |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | Douglas Chrismas |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | President |
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| IRS990EZ/PrimaryExemptPurpose | 0 | Ace Museum is an institution for the contemporay arts, focusing upon exhibitions with the international leaders and the cutting edge artists of our time concentrating upon fine art of all media, photography, architecture, design and fashion. The Museum will present exhibitions of important figures or movementsthat might not otherwise tour to Los Angeles. The main purpose of the Musuem is to establish a museum for fine art, architecture, and design, and to provideart education and to advocate for increasing public support for art education.The museum will act as both a resource for those with limited or no access to arteducation, and as an adovcate for increasing the role of art education in public schools. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | Museum will open in 2012 with art and sculpture exhibitions |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
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| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SpecialEventsDirectExpenses | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLoss | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 535809 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 2447194 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 5514 WILSHIRE BLVD |
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| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | DOUGLAS CHRISMAS |
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| IRS990EZ/TransactionWithControlEntity | 0 | false |
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| IRS990EZ/WebSite | 0 | N/A |
| IRS990ScheduleA/AmtsFromSubstContributors/Total | 0 | 0 |
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| IRS990ScheduleA/First5Years509 | 0 | X |
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| IRS990ScheduleA/OtherIncome509/Total | 0 | 0 |
| IRS990ScheduleA/Post1975UBTI/Total | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.00000 |
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| IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Payable to Officers, Directors, Etc. - Beginning $362258 Payable to Officers, Directors, Etc. - Ending $1904719 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Accounts Payable and Accrued Expenses - Beginning $173551 Accounts Payable and Accrued Expenses - Ending $542475 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | REPAIRS $380 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | LICENSES $1071 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | UTILITIES $11089 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | Insurance $17765 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | Interest $1 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | Office Expenses $2299 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | Advertising and Promotion $5000 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990-EZ, Part II, Line 26.1006 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990-EZ, Part II, Line 26.1001 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990-EZ, Part I, Line 16.3 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | Form 990-EZ, Part I, Line 16.2 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | Form 990-EZ, Part I, Line 16.1 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | Form 990-EZ, Part I, Line 16.1012 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | Form 990-EZ, Part I, Line 16.1008 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | Form 990-EZ, Part I, Line 16.1002 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 8 | Form 990-EZ, Part I, Line 16.1001 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Total Liabilities.1006 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Total Liabilities.1001 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Other Expenses.3 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | Other Expenses.2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | Other Expenses.1 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | Other Expenses.1012 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | Other Expenses.1008 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | Other Expenses.1002 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | Other Expenses.1001 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 270410240 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | ACE MUSEUM |
| ReturnHeader/Filer/NameControl | 0 | ACEM |
| ReturnHeader/Filer/Phone | 0 | 3239354824 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 5514 WILSHIRE BLVD |
| ReturnHeader/Filer/USAddress/City | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/State | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 90036 |
| ReturnHeader/Officer/DateSigned | 0 | 2012-03-04 |
| ReturnHeader/Officer/Name | 0 | Douglas Chrismas |
| ReturnHeader/Officer/Title | 0 | President |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | Shirley Holst CPA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 13212 Dewey St |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | Los Angeles |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | CA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 90066 |
| ReturnHeader/Preparer/Name | 0 | Shirley Holst CPA |
| ReturnHeader/Preparer/Phone | 0 | 3103919542 |
| ReturnHeader/Preparer/SelfEmployed | 0 | X |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2010-06-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-05-31 |
| ReturnHeader/TaxYear | 0 | 2010 |
| ReturnHeader/Timestamp | 0 | 2012-03-04T11:43:21-08:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $147,762
- Liabilities
- $2,447,194
- Net assets
- -$2,299,432
- Revenue
- $74,850
- Expenses
- $2,003,637
- Net income
- -$1,928,787