Civic Intelligence

Jay Shapiro Arts Legacy Foundationinc

EIN 27-3617854 • 501(c)3 • Atlanta, GA

Profile

Our mission is to remove barriers to those in the visual arts community in endeavors to explore and achieve their creative potential.

3330 Piedmont RoadAtlanta, GA 30305

jaylovesart.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

1st percentile

-7915%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-91%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $44,322 (-100%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $44,322 (-100%) from 2014

Revenue

Down

$560

Down $5,509 (-91%) from 2014

Expenses

Up

$44,882

Up $15,497 (+53%) from 2014

Net Income

Down

-$44,322

Down $21,006 (-90%) from 2014

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $37,867Net Assets 2011: $37,8672011Assets 2012: $53,819Net Assets 2012: $53,8192012Assets 2013: $67,638Net Assets 2013: $67,6382013Assets 2014: $44,322Net Assets 2014: $44,3222014Assets 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $56,730Expenses 2011: $21,053Net Income 2011: $35,6772011Revenue 2012: $41,959Expenses 2012: $26,007Net Income 2012: $15,9522012Revenue 2013: $23,064Expenses 2013: $9,245Net Income 2013: $13,8192013Revenue 2014: $6,069Expenses 2014: $29,385Net Income 2014: -$23,3162014Revenue 2015: $560Expenses 2015: $44,882Net Income 2015: -$44,3222015

Highlighted filing

2015

Revenue$560
Expenses$44,882
Net Income-$44,322

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.0
Gross Receipts
$560
Mission and Program Overview

Mission

Our mission is to remove barriers to those in the visual arts community in endeavors to explore and achieve their creative potential.

Program Services

DescriptionGrantsExpenses
AWARD GRANT MONEY AND/OR ART SUPPLY PRODUCTS TO QUALIFYING ORGANIZATIONS IN NEED WHICH IN TURN HELPS FOSTER A VIBRANT LOCAL VISUAL ARTS COMMUNITY.$479$41,429
AWARD SCHOLARSHIPS TO QUALIFYING SENIOR HIGH SCHOOL STUDENTS WHO WISH TO PURSUE A CONTINUED EDUCATION IN THE ARTS.$479$500
GALA FUNDRAISING EVENT.THIS EVENT,TO BE HELD ONCE A YEAR,WILL BE THE PRIMARY MEANS OF THE FOUNDATION AWARENESS AND FUNDRAISING EFFORTS.HELD AT A LOCAL GALLERY,THE GALA EVENT WILL FEATURE ARTWORK FROM LOCAL ART ORGANIZATIONS AS WELL AS WELL-KNOWN LOCAL ARTISTS.THESE PIECES OF WORK WILL EITHER BE SOLD OR AUCTIONED WITH PROCEEDS GOING TO THE FOUNDATION.IN ADDITION,WE WILL HAVE CITY-WIDE AND OR STATE-WIDE HIGH SCHOOL ART COMPETITION.ARTWORK FROM THE COMPETITION WILL BE ON DISPLAY AT THE EVENT-WHEREBY THE SELECTED WINNERS WILL BE RECOGNIZED ADN RECEIVE SCHOLARSHIPS FROM THE FOUNDATION.A PORTION OF CHARITABLE DONATIONS RAISED THROUGHOUT THE YEAR AND/OR FROM THE ANNUAL GALA EVENT WILL BE DISBURSED VIA OUR SELECTION PROCESS TWICE A YEAR IN ORDER TO RECEIVE A SCHOLARSHIP-AND/OR GRANT FROM THE FOUNDATION,APPLICANTS MUST GO THROUGH A SELECTION PROCESS.THE SELECTION PROCESS REQUIRES AN APPLICATION WHICH WILL DETERMINE THE FOUNDATION BENEFICIARES TO EITHER SCHOLARSHIPS AND/OR GRANTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HOWARD KRINSKYChairman-$0--
ANDEE SHAPIROSecretary-$0--
STUART SHAPIRODirector-$0--
SCOTT SHAPIRODirector-$0--
RICK LITZKYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Jay Shapiro Arts Legacy Foundationinc
EIN
27-3617854
Phone
4042376331
Address
3330 PIEDMONT ROAD, ATLANTA, GA 30305

Signing Officer

Name
Howard Krinsky
Title
Chairman
Signed
2016-08-10
Discuss with paid preparer
Yes

Preparer

Firm
John Attaway
Address
270 Carpenter Dr STE 250, ATLANTA, GA 30328
Preparer
John Attaway
Phone
4043030700
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

Class of Activity: SCHOLARSHIPS | Donee's Name: SCAD | Donee's Address: 1600 PEACHTREE ST NW ATLANTA GA 30309 | Relationship of Donee: NONE | Cash Amount Given: $39429

Other Expenses.1002

Office Expenses $377

Other Expenses.1

credit card fees $581

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $377 Prepaid Expenses and Deferred Charges - Ending $0

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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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