Civic Intelligence

Infinity Visual and Performing Arts Inc.

990 • Fiscal year 2017 • EIN 30-0268598

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 11, 2018

301 East Second Street/Suite 101Jamestown, NY 14701

(716) 664-0991

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$325,739

Up $4,436 (+1.4%) from 2016

Net Assets

Up

$308,173

Up $4,814 (+1.6%) from 2016

Liabilities

Down

$17,566

Down $378 (-2.1%) from 2016

Revenue And Expenses

Revenue

Up

$519,652

Up $27,622 (+5.6%) from 2016

Expenses

Up

$514,838

Up $25,478 (+5.2%) from 2016

Net Income

Up

$4,814

Up $2,144 (+80%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $86,488Liabilities 2011: $3,414Net Assets 2011: $83,0742011Assets 2012: $123,415Liabilities 2012: $9,769Net Assets 2012: $113,6462012Assets 2013: $114,675Liabilities 2013: $1,669Net Assets 2013: $113,0062013Assets 2014: $323,069Liabilities 2014: $64,265Net Assets 2014: $258,8042014Assets 2016: $321,303Liabilities 2016: $17,944Net Assets 2016: $303,3592016Assets 2017: $325,739Liabilities 2017: $17,566Net Assets 2017: $308,1732017Assets 2018: $359,979Liabilities 2018: $18,930Net Assets 2018: $341,0492018Assets 2019: $418,332Liabilities 2019: $18,608Net Assets 2019: $399,7242019Assets 2020: $446,980Liabilities 2020: $13,559Net Assets 2020: $433,4212020Assets 2021: $654,963Liabilities 2021: $97,629Net Assets 2021: $557,3342021Assets 2022: $1,175,325Liabilities 2022: $220,199Net Assets 2022: $955,1262022Assets 2023: $1,648,848Liabilities 2023: $644,201Net Assets 2023: $1,004,6472023Assets 2024: $1,694,574Liabilities 2024: $637,874Net Assets 2024: $1,056,7002024Assets 2025: $1,832,701Liabilities 2025: $530,371Net Assets 2025: $1,302,3302025

Highlighted filing

2017

Assets$325,739
Liabilities$17,566
Net Assets$308,173

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $297,4892011Expenses 2012: $320,7042012Revenue 2013: $383,887Expenses 2013: $384,527Net Income 2013: -$6402013Revenue 2014: $608,236Expenses 2014: $462,438Net Income 2014: $145,7982014Revenue 2016: $492,030Expenses 2016: $489,360Net Income 2016: $2,6702016Revenue 2017: $519,652Expenses 2017: $514,838Net Income 2017: $4,8142017Revenue 2018: $544,439Expenses 2018: $511,563Net Income 2018: $32,8762018Revenue 2019: $559,431Expenses 2019: $500,756Net Income 2019: $58,6752019Revenue 2020: $506,494Expenses 2020: $472,797Net Income 2020: $33,6972020Revenue 2021: $542,139Expenses 2021: $482,173Net Income 2021: $59,9662021Revenue 2022: $992,925Expenses 2022: $593,614Net Income 2022: $399,3112022Revenue 2023: $762,919Expenses 2023: $713,398Net Income 2023: $49,5212023Revenue 2024: $772,193Expenses 2024: $720,140Net Income 2024: $52,0532024Revenue 2025: $959,386Expenses 2025: $713,756Net Income 2025: $245,6302025

Highlighted filing

2017

Revenue$519,652
Expenses$514,838
Net Income$4,814
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 11, 2018
Return Version
2016v3.0
Gross Receipts
$526,500
Mission and Program Overview

Mission

Infinity visual and performing arts, inc. Creates and sustains an environment in which young people, based solely on their desire to participate, can grow, learn, and lead through participation in the visual and performing arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$265,220$259,688▼ $5,532
Cash and Non-Interest-Bearing Accounts$51,498$42,902▼ $8,596
Pledges and Grants Receivable-$17,500-
Accounts Receivable$1,826$2,872▲ $1,046
Prepaid Expenses and Deferred Charges$2,759$2,777▲ $18
Total Assets$321,303$325,739▲ $4,436
Liabilities
Accounts Payable and Accrued Expenses$17,944$17,566▼ $378
Total Liabilities$17,944$17,566▼ $378
Net Assets / Fund Balance
Unrestricted Net Assets$292,735$280,778▼ $11,957
Temporarily Rstr Net Assets$10,624$27,395▲ $16,771
Total Net Assets Fund Balance$303,359$308,173▲ $4,814
Total Liabilities and Net Assets / Fund Balance$321,303$325,739▲ $4,436

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$224,674$16,797$241,471
Equipment$35,014$186,065$221,079
Other Land Buildings-$3,588$3,588

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$10,624$62,500--$27,395
2015$12,934$45,806--$10,624
2014$314$41,000--$12,934
2013-$37,500--$314
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shane HawkinsExecutive DiFT$47,875$9,020$56,895

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$257,035
Program Service Revenue
$234,153
Investment Income
$0
Other Revenue
$28,464
All Other Contributions
$233,917
Change in Net Assets
$4,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$519,652
Revenue Not Reported on Form 990
$2,461
Total Revenue per Audited Statements
$522,113
Total Revenue per Form 990
$519,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$399,980
Other Expenses$114,858
Total Fundraising Expense$19,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$263,251$22,249$11,186$296,686
Current Officers, Directors, Trustees, and Key Employees$14,755$38,363$5,902$59,020
Occupancy$40,983$2,157-$43,140
Payroll Taxes$20,877$4,145$1,226$26,248
Other Employee Benefits$14,401$3,051$574$18,026
Depreciation Depletion$14,583$1,749$190$16,522
Insurance$5,595$294-$5,889
Office Expenses$1,410$2,821-$4,231
Fees for Services Accounting-$4,000-$4,000
Fees for Services Other-$3,570-$3,570
Other Expenses$3,165--$3,165
Advertising$2,916--$2,916
All Other Expenses$1,957$125-$2,082
Travel$933--$933
Total Functional Expenses$413,236$82,524$19,078$514,838

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$517,299
Expenses per Audited Statements$514,838
Total Expenses per Form 990$514,838
Expenses Not Reported on Form 990$2,461
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,312
Fundraising Direct Expenses$6,848
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Local Music Sho$10,150$10,150$1,234$8,916
Cafe$5,224$5,224$2,437$2,787
Total Events$15,374$15,374$3,671$11,703
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization provides a copy of the form 990 to each member of its board of directors to review prior to the 990 being filed. The 990 is filed after all questions have been answered satisfactorily.

Form 990, Page 6, Part VI, Line 12C

On an annual basis, each board member receives a copy of the organization's conflicts of interest policy. All board members are required to review the policy, document any possible conflict of interest situations, and sign the disclosure statement.

Form 990, Page 6, Part VI, Line 15A

An annual evaluation is done of the executive director and the finance committee recommends a salary in executive session to the full board of directors.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, information returns, and annual audited financial statements are available to the public upon request at the organization's business office.

Filing and Contact Details

Filer

Filer Name
Infinity Visual & Performing
EIN
30-0268598
Phone
7166640991
Address
301 EAST SECOND STREET/SUITE 101, JAMESTOWN, NY 14701

Signing Officer

Name
Jason Sample
Title
President
Phone
7166640991
Signed
2018-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Sample
Formed
2005
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
47
Volunteers
100

Preparer

Firm
Saxton Kocur and Associates Llp
Address
301 E 2ND ST SUITE 303, JAMESTOWN, NY 14701-5409
Preparer
Lucinda M Saxton CPA
Phone
7164836109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Infinity visual and performing arts, inc. Creates and sustains an environment in which young people, based solely on their desire to participate, can grow, learn, and lead through participation in the visual and performing arts.

Form 990, Page 1, Part I, Line 6

Volunteers assist with fundraising events.

Financial Statement Notes

Schedule D, Page 4, Part XIII

Part x - fin 48 footnote the organization is exempt from federal income tax under section 501 (c) (3) of the internal revenue code and from new york state income taxes under article 7a of the executive law. In addition, the organization qualifies for the charitable contribution deduction under section 170 (b)(1)(a) and has been classified as an organization other than a private foundation under section 509 (a)(2) of the internal revenue code. The organization files exempt organization returns with u.s. Federal and new york state jurisditions. The organization's returns prior to 2014 are closed.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0259688
IRS990/LandBldgEquipCostOrOtherBssAmt0466138
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0INFINITY VISUAL AND PERFORMING ARTS, INC. CREATES AND SUSTAINS AN ENVIRONMENT IN WHICH YOUNG PEOPLE, BASED SOLELY ON THEIR DESIRE TO PARTICIPATE, CAN GROW, LEARN, AND LEAD THROUGH PARTICIPATION IN THE VISUAL AND PERFORMING ARTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0303359
IRS990/NetAssetsOrFundBalancesEOYAmt0308173
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt028464
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02157
IRS990/OccupancyGrp/ProgramServicesAmt040983
IRS990/OccupancyGrp/TotalAmt043140
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02821
IRS990/OfficeExpensesGrp/ProgramServicesAmt01410
IRS990/OfficeExpensesGrp/TotalAmt04231
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0574
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03051
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014401
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018026
IRS990/OtherExpensesGrp/Desc0EQUIPMENT AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc3SEMINARS & TRAINING
IRS990/OtherExpensesGrp/ProgramServicesAmt016630
IRS990/OtherExpensesGrp/ProgramServicesAmt18195
IRS990/OtherExpensesGrp/ProgramServicesAmt23585
IRS990/OtherExpensesGrp/ProgramServicesAmt33165
IRS990/OtherExpensesGrp/TotalAmt016630
IRS990/OtherExpensesGrp/TotalAmt18195
IRS990/OtherExpensesGrp/TotalAmt23585
IRS990/OtherExpensesGrp/TotalAmt33165
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011186
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022249
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0263251
IRS990/OtherSalariesAndWagesGrp/TotalAmt0296686
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01226
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04145
IRS990/PayrollTaxesGrp/ProgramServicesAmt020877
IRS990/PayrollTaxesGrp/TotalAmt026248
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt017500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02759
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02777
IRS990/PrincipalOfficerNm0JASON SAMPLE
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACTED INCOME
IRS990/ProgramServiceRevenueGrp/Desc2ROOM RENTALS
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc4PERFORMANCE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0188824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132117
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36037
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4400
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26775
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0272689
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0114755
IRS990/PYOtherRevenueAmt026433
IRS990/PYProgramServiceRevenueAmt0192908
IRS990/PYRevenuesLessExpensesAmt02670
IRS990/PYSalariesCompEmpBnftPaidAmt0374605
IRS990/PYTotalExpensesAmt0489360
IRS990/PYTotalRevenueAmt0492030
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt04814
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0234153
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0257035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0272689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0238604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0454414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0225101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01447843
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0834220
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63930
IRS990ScheduleA/PublicSupportPY170Pct00.65270
IRS990ScheduleA/PublicSupportTotal170Amt0925673
IRS990ScheduleA/SubstantialContributorsTotAmt0522170
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0257035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0272689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0238604
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0225101
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01447843
IRS990ScheduleA/TotalSupportAmt01447843
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06750
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010624
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt062500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt027395
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt038979
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06871
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt012934
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt045806
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010624
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt041245
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0314
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt041000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt012934
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt022230
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt05625
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt037500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0314
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt031561
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt02461
IRS990ScheduleD/DonatedServicesUseFcltsAmt02461
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt035014
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0186065
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0221079
IRS990ScheduleD/ExpensesNotReportedAmt02461
IRS990ScheduleD/ExpensesSubtotalAmt0514838
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0224674
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016797
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0241471
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03588

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.83$0.53$1.30$0.96$0.71$0.25
2024Detailed filing. Detailed filing data is available for this year.$1.69$0.64$1.06$0.77$0.72$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.65$0.64$1.00$0.76$0.71$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.22$0.96$0.99$0.59$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.10$0.56$0.54$0.48$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.43$0.51$0.47$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$0.56$0.50$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.54$0.51$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.31$0.52$0.51$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$0.49$0.49$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$0.61$0.46$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.38$0.38$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.01$0.11$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.08$0.30