Civic Intelligence

Newport Beach Arts Foundation

990EZ • Fiscal year 2018 • EIN 33-0802994

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 02, 2019

PO Box 11325Newport Beach, CA 92658

(949) 717-3870

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

86th percentile

34%

Higher net margin than 86% 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

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Revenue Growth

10th percentile

-49%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Assets

Up

$40,915

Up $8,172 (+25%) from 2015

Net Assets

Up

$40,915

Up $8,172 (+25%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$26,248

Down $166,109 (-86%) from 2015

Expenses

Down

$17,210

Down $167,187 (-91%) from 2015

Net Income

Up

$9,038

Up $1,078 (+14%) from 2015

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $8,608Net Assets 2010: $8,6082010Assets 2011: $16,354Net Assets 2011: $16,3542011Assets 2012: $17,962Net Assets 2012: $17,9622012Assets 2013: $17,409Net Assets 2013: $17,4092013Assets 2015: $32,743Net Assets 2015: $32,7432015Assets 2018: $40,915Net Assets 2018: $40,9152018Assets 2019: $47,482Net Assets 2019: $47,4822019Assets 2020: $38,500Net Assets 2020: $38,5002020Assets 2021: $42,001Net Assets 2021: $42,0012021Assets 2022: $22,391Net Assets 2022: $22,3912022Assets 2023: $44,770Net Assets 2023: $44,7702023Assets 2024: $29,365Net Assets 2024: $29,3652024Assets 2025: $47,033Net Assets 2025: $47,0332025

Highlighted filing

2018

Assets$40,915
Liabilities-
Net Assets$40,915

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $16,385Expenses 2010: $12,329Net Income 2010: $4,0562010Revenue 2011: $13,966Expenses 2011: $6,220Net Income 2011: $7,7462011Revenue 2012: $15,175Expenses 2012: $13,567Net Income 2012: $1,6082012Revenue 2013: $3,496Expenses 2013: $4,049Net Income 2013: -$5532013Revenue 2015: $192,357Expenses 2015: $184,397Net Income 2015: $7,9602015Revenue 2018: $26,248Expenses 2018: $17,210Net Income 2018: $9,0382018Revenue 2019: $51,015Expenses 2019: $44,448Net Income 2019: $6,5672019Revenue 2020: $13,244Expenses 2020: $22,226Net Income 2020: -$8,9822020Revenue 2021: $8,271Expenses 2021: $4,770Net Income 2021: $3,5012021Revenue 2022: $13,963Expenses 2022: $33,573Net Income 2022: -$19,6102022Revenue 2023: $51,177Expenses 2023: $28,798Net Income 2023: $22,3792023Revenue 2024: $15,127Expenses 2024: $30,532Net Income 2024: -$15,4052024Revenue 2025: $48,295Expenses 2025: $30,627Net Income 2025: $17,6682025

Highlighted filing

2018

Revenue$26,248
Expenses$17,210
Net Income$9,038
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 2, 2019
Return Version
2017v2.2
Gross Receipts
$26,248
Mission and Program Overview

Mission

To raise money on behalf of the newport beach arts commission earmarked to enrich the cultural life in newport beach.

Program Services

DescriptionGrantsExpenses
ART IN THE PARK FESTIVAL: THIS OUTDOOR ART EXHIBITION WAS HELD ON OCTOBER 14, 2017 IN NEWPORT BEACH. AT THIS FREE EVENT, featuring nearly 100 artists displaying and selling a variety of original works of art including oil, ceramics, sculpture, and photography. Crafts people displayed their works in silver, metals, wood, and other materials.$12,976-
PROVIDE GRANTS TO THE CITY OF NEWPORT BEACH AND LOCAL ARTS ORGANIZATIONS.$1,550$1,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VIRGINIA HAYTERPresident-$0--
PATRICIA JORGENSENVice President-$0--
DAN WEDDELLTreasurer-$0--
CARMEN SMITHSecretary-$0--
LILA CRESPINParliamentarian-$0--
MARY BORGIAMember-$0--
JANIS DINWIDDIEMember-$0--
Filing and Contact Details

Filer

Filer Name
Newport Beach Arts Foundation
EIN
33-0802994
Phone
9497173870
Address
PO BOX 11325, NEWPORT BEACH, CA 92658

Signing Officer

Name
Dan Weddell
Title
Treasurer
Signed
2019-02-02
Discuss with paid preparer
Yes

Preparer

Firm
Jonathan Resnick CPA An Accountancy Corp
Address
1300 Bristol Street North Suite 200, Newport Beach, CA 92660
Preparer
Jonathan S Resnick
Phone
9492500852
Supplemental Narrative

Additional Explanations

Other Revenue.1

MISC INCOME $533

Other Expenses.1001

Advertising and Promotion $3310

Other Expenses.1012

Insurance $1510

Other Expenses.1

ART IN THE PARK $6452

Other Expenses.2

Reimb. Artists for art sold $2836

Other Expenses.3

Bank & merchant fees $451

Other Expenses.4

SALES TAX $378

Raw XML Appendix170 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/OtherExpensesTotalAmt014937
IRS990EZ/OtherRevenueTotalAmt0533
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IRS990EZ/PrimaryExemptPurposeTxt0TO RAISE MONEY ON BEHALF OF THE NEWPORT BEACH ARTS COMMISSION EARMARKED TO ENRICH THE CULTURAL LIFE IN NEWPORT BEACH.
IRS990EZ/PrintingPublicationsPostageAmt0163
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE GRANTS TO THE CITY OF NEWPORT BEACH AND LOCAL ARTS ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ART IN THE PARK FESTIVAL: THIS OUTDOOR ART EXHIBITION WAS HELD ON OCTOBER 14, 2017 IN NEWPORT BEACH. AT THIS FREE EVENT, featuring nearly 100 artists displaying and selling a variety of original works of art including oil, ceramics, sculpture, and photography. Crafts people displayed their works in silver, metals, wood, and other materials.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BYLAWS STATE THE FOLLOWING:THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO ENGAGE IN THE SOLICITATION, RECEIPT AND ADMINISTRATION OF MONIES AND OTHER PROPERTY, AND FROM TIME TO TIME TO DISBURSE SUCH MONIES AND/OR PROPERTY AND THE INCOME THEREFROM, SOLELY TO OR FOR THE BENEFIT OF THE CITY OF NEWPORT BEACH ARTS COMMISSION, AND ITS RELATED ACTIVITIES AND SERVICES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC INCOME $533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $3310
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/ReturnTs02019-02-04T09:38:04-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.47$0.47$0.48$0.31$0.18
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.15$0.31$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.51$0.29$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.22$0.14$0.34$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.08$0.05$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.39$0.13$0.22$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.47$0.51$0.44$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.41$0.26$0.17$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.33$1.92$1.84$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.17$0.03$0.04$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.18$0.15$0.14$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.14$0.06$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.09$0.16$0.12$0.04