Victor Salvi Foundation

990PF • Fiscal year 2018 • EIN 36-4360186

Jan 01, 2018 to Dec 31, 2018 • Filed on May 09, 2019

Organization Profile

6462 Hanover CtLisle, IL 60532-3218

(847) 387-9589

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • $500k-$1M nonprofits • Source year 2018

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • $500k-$1M nonprofits • Source year 2018

-14%

Higher net margin than 20% of similar nonprofits.

2018 filings • $500k-$1M nonprofits • Source year 2018

Higher top officer pay than 54% of similar nonprofits.

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

2018 filings • $500k-$1M nonprofits • Source year 2018

-78%

Faster asset growth than 1% of similar nonprofits.

2018 filings • $500k-$1M nonprofits • Annualized from 2017 to 2018

35%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets37th percentile

Assets

Down

$24,842

Down $88,491 (-78%) from 2017

Net Assets

Down

$24,842

Down $88,491 (-78%) from 2017

Liabilities

Flat

Flat from 2017

Revenue And Expenses

Liabilities / Revenue37th percentile Net Margin20th percentile

Revenue

$629,889

Up $163,445 (+35%) from 2017

Expenses

$718,380

Up $262,735 (+58%) from 2017

Net Income

Down

-$88,491

Down $99,290 (-919%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

Highlighted filing

2018

Assets$24,842

Liabilities$0

Net Assets$24,842

Open 2018 Filing

Operations Trend

Revenue Growth81st percentile

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

Highlighted filing

2018

Revenue$629,889

Expenses$718,380

Net Income-$88,491

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: May 9, 2019
Return Version: 2018v3.1

Compensation and Service Providers

Top Officer Pay54th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Julia Teresa Torres Forero	President	-	$0	-	-
Edward G Ludwig	Treasurer	-	$0	-	-
Carolyn Clarke	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Victor Salvi Foundation
EIN: 36-4360186
Phone: 8473879589
Address: 6462 Hanover Ct, Lisle, IL 60532-3218

Signing Officer

Name: ED Ludwig
Title: Treasurer - Director
Phone: 8473879589
Signed: 2019-05-09

Preparer

Firm: Midwest Group Accounting & Tax Services
Address: 2029 Ogden Ave, Lisle, IL 60532
Preparer: Dario DelFiacco CPA
Phone: 6305152180

Raw XML Appendix383 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
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt	0	Midwest Group Acctg & Tax Accounting & Tax Preparation
AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Amt	0	0
AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Desc	0	None
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/Desc	0	Festival Package Sales
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/RelatedOrExemptFunctionIncmAmt	0	160605
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt	0	160605
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt	0	160605
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt	0	1689
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt	0	1689
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt	0	469284
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt	0	-88491
IRS990PF/AnalysisOfRevenueAndExpenses/GrossProfitRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt	0	225
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt	0	225
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt	0	518628
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	518628
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt	0	160605
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	718380
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	718380
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	629889
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	718380
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IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	718380
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt	0	197838
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt	0	197838
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	-88491
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	24842
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	113333
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IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	3230
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IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	3230
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IRS990PF/DistributableAmountGrp/TotalTaxAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/DomesticOrgMeetingSect4940eInd	0	X
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt	0	0
IRS990PF/FMVAssetsEOYAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt	0	113333
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt	0	113333
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/MortgagesAndNotesPayableEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowSFAS117Ind	0	X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/RcvblFromOfficersEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt	0	113333
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt	0	113333
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt	0	24842
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt	0	113333
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt	0	24842
IRS990PF/MethodOfAccountingCashInd	0	X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt	0	65586
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	65586
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt	0	984
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt	0	3230
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt	0	64602
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	65586
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	0	3.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	Julia Teresa Torres Forero
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	Edward G Ludwig
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	2	Carolyn Clarke
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	Treasurer
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	2	Director
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	USA 6462 Hanover Ct
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	6462 Hanover Ct
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	2	USA 6462 Hanover Ct
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	Lisle
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	Lisle
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	2	Lisle
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	0	IL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	1	IL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	2	IL
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt	0	0
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNetVlNoncharitableAssetsAmt	0	425166
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNonchrtblNetInvstIncmPctAmt	0	425166
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr3Amt	0	509328
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr4Amt	0	477863
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr5Amt	0	380199
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AverageDistributionRt	0	6.581318
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr1Rt	0	8.611536
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr2Rt	0	7.234176
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr3Rt	0	3.856062
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IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt	0	718380
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt	0	718380
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IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt	0	718380
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt	0	Income from the Cartagena International Festival of Music,
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt	1	which includes performances, lectures and exhibits to promote
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt	2	young and aspiring musical artists.
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	false
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	false
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	false
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IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm	0	Edward G Ludwig Jr
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	false
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	IL
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	605323218
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IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	true
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	http://www.fundacionsalvi.com
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	The Cartagena International Festival of Music was held in January 2018. The Festival Included performances, lectures and exhibits t promote young musicians and artists.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	718379
IRS990PF/SumOfProgramRelatedInvstGrp/AllOtherProgramRltdInvstTotAmt	0	0
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt	0	None
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses1Amt	0	0
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt	0	0
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt	0	All proposals must be in writing
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm	0	Edward G Ludwig Jr
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum	0	8473879589
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt	0	6462 Hanover Ct
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd	0	605323218
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt	0	N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	None
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm	0	NA
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	3230
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt	0	455645
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	563564
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	509328
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	477863
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt	0	376645
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	376645
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	2724780
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	718380
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt	0	455645
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	563564
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	509328
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	477863
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt	0	0
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	718380
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	718380
IRS990PF/UndistributedIncomeGrp/Taxable1Amt	0	0
IRS990PF/UndistributedIncomeGrp/Taxable2Amt	0	0
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	3101425
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	2383045
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	3230
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	0	Bow Brand International Ltd
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	1	Stelac Advisory Services NY
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	2	Goldman Sachs & Co - Merchant Bank Division
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	3	JP Morgan Chase
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	4	Fondazione Festival dei Due Mondi
IRS990ScheduleB/ContributorInformationGrp/ContributorForeignAddress/AddressLine1Txt	0	High Gate Kings Lynn
IRS990ScheduleB/ContributorInformationGrp/ContributorForeignAddress/AddressLine1Txt	1	Sede Legale Piazza del Comune 1
IRS990ScheduleB/ContributorInformationGrp/ContributorForeignAddress/CityNm	0	Norfolk England
IRS990ScheduleB/ContributorInformationGrp/ContributorForeignAddress/CityNm	1	Spoleto
IRS990ScheduleB/ContributorInformationGrp/ContributorForeignAddress/CountryCd	0	UK
IRS990ScheduleB/ContributorInformationGrp/ContributorForeignAddress/CountryCd	1	IT
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	1	2
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	2	3
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	3	4
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	4	5
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	5	6
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	6	7
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	7	8
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	Beatrice Mario Santo Domingo
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	1	Mayra E Esquenazi
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	2	Andres Uribe
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	740 Park Ave
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	1	Clemencia Velandia 193 55 Turnberry
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	2	563 Park Ave Apt 11W
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	3	654 Madison Ave
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	4	200 West ST
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	5	PO Box 659754
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	1	Aventura
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	2	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	3	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	4	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	5	San Antonio
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	1	FL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	2	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	3	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	4	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	5	TX
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	10021
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	1	33180
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	2	10065
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	3	10065
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	4	10282
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	5	78265
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	1	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	2	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	3	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	4	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	5	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	6	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	7	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	140776
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	1	54837
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	2	120000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	3	22600
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	4	12500
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	5	13871
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	6	60000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	7	9525
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LegalFeesSchedule/LegalFeesGrp/CategoryTxt	0	MomKus McCluskey LLC Legal
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt	0	225
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	Licenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	Office Management Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	Bank Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	Merchant Account Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	Postage Mailings
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	General Festival Mgmt Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	Orchestra Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	7	Performers, Musician Costs
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	8	Insurance Liability & D&O
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	9	Scholarships
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	10	Web-Site
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	24000
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	1190
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	5006
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	4	14
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	5	63493
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	6	316869
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	7	102793
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	8	944
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	9	4153
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	10	156
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	10
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	24000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	1190
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	5006
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	14
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	63493
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	316869
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	7	102793
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	8	944
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	9	4153
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	10	156
OtherIncomeSchedule2/OtherIncomeDetail/Desc	0	Festival Package Sales
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt	0	160605
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ED Ludwig
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer - Director
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8473879589
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Victor Salvi Foundation
ReturnHeader/Filer/BusinessNameControlTxt	0	VICT
ReturnHeader/Filer/EIN	0	364360186
ReturnHeader/Filer/PhoneNum	0	8473879589
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	6462 Hanover Ct
ReturnHeader/Filer/USAddress/CityNm	0	Lisle
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	IL
ReturnHeader/Filer/USAddress/ZIPCd	0	605323218
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	9AF534965A17ABC13F31E5AF1C25299A980541DD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	9AF534965A17ABC13F31E5AF1C25299A980541DD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	73.210.186.5
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	PD
ReturnHeader/FilingSecurityInformation/IPTm	0	10:22:15
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Midwest Group Accounting & Tax Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2029 Ogden Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Lisle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	60532
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6305152180
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2019-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Dario DelFiacco CPA
ReturnHeader/ReturnTs	0	2019-05-11T10:22:25-07:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $24,842
Liabilities: $0
Net assets: $24,842
Revenue: $629,889
Expenses: $718,380
Net income: -$88,491

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.04	$0.76	$0.72	$1.75	$1.76	$0.01
2023Detailed filing. Detailed filing data is available for this year.	$0.05	$0.76	$0.71	$4.14	$4.38	$0.24
2022Detailed filing. Detailed filing data is available for this year.	$0.29	$0.76	$0.47	$3.45	$2.84	$0.61
2021Detailed filing. Detailed filing data is available for this year.	$0.47	$1.55	$1.08	$1.88	$1.79	$0.09
2020Detailed filing. Detailed filing data is available for this year.	$0.38	$1.55	$1.17	$3.43	$3.22	$0.21
2019Detailed filing. Detailed filing data is available for this year.	$0.12	$1.50	$1.38	$6.78	$8.40	$1.62
2018Detailed filing. Detailed filing data is available for this year.	$0.25	$0.00	$0.25	$6.30	$7.18	$0.88
2017Detailed filing. Detailed filing data is available for this year.	$1.13	$0.00	$1.13	$4.66	$4.56	$0.11
2016Detailed filing. Detailed filing data is available for this year.	$1.03	$0.00	$1.03	$5.34	$5.64	$0.30
2015Detailed filing. Detailed filing data is available for this year.	$1.32	$0.00	$1.32	$5.81	$5.09	$0.71