Civic Intelligence

Artangel America

990 • Fiscal year 2015 • EIN 42-1606593

Apr 01, 2014 to Mar 31, 2015 • Filed on Oct 19, 2015

C/O Esther Flury 106 7th AvenueNew York, NY 10011

(212) 219-8977

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

19th percentile

0.00x

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

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Net Margin

99th percentile

79%

Higher net margin than 99% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Asset Growth

91st percentile

62%

Faster asset growth than 91% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$719,518

Up $276,223 (+62%) from 2014

Net Assets

Up

$719,518

Up $276,223 (+62%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$347,798

Down $98,608 (-22%) from 2014

Expenses

Down

$71,575

Down $213,468 (-75%) from 2014

Net Income

Up

$276,223

Up $114,860 (+71%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $608,961Liabilities 2011: $50,562Net Assets 2011: $558,3992011Assets 2012: $741,832Liabilities 2012: $46,620Net Assets 2012: $695,2122012Assets 2013: $326,494Liabilities 2013: $44,562Net Assets 2013: $281,9322013Assets 2014: $443,295Liabilities 2014: $0Net Assets 2014: $443,2952014Assets 2015: $719,518Liabilities 2015: $0Net Assets 2015: $719,5182015Assets 2016: $716,703Liabilities 2016: $0Net Assets 2016: $716,7032016Assets 2017: $252,558Liabilities 2017: $0Net Assets 2017: $252,5582017Assets 2018: $197,100Liabilities 2018: $0Net Assets 2018: $197,1002018Assets 2019: $364,232Liabilities 2019: $0Net Assets 2019: $364,2322019Assets 2020: $385,284Liabilities 2020: $0Net Assets 2020: $385,2842020Assets 2021: $248,470Liabilities 2021: $0Net Assets 2021: $248,4702021Assets 2022: $243,336Liabilities 2022: $0Net Assets 2022: $243,3362022Assets 2023: $144,724Liabilities 2023: $810Net Assets 2023: $143,9142023Assets 2024: $37,947Liabilities 2024: $0Net Assets 2024: $37,9472024Assets 2025: $23,898Liabilities 2025: $4,800Net Assets 2025: $19,0982025

Highlighted filing

2015

Assets$719,518
Liabilities$0
Net Assets$719,518

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $233,8102011Expenses 2012: $51,9592012Expenses 2013: $474,1312013Revenue 2014: $446,406Expenses 2014: $285,043Net Income 2014: $161,3632014Revenue 2015: $347,798Expenses 2015: $71,575Net Income 2015: $276,2232015Revenue 2016: $148,893Expenses 2016: $151,708Net Income 2016: -$2,8152016Revenue 2017: $109,114Expenses 2017: $573,259Net Income 2017: -$464,1452017Revenue 2018: $25,910Expenses 2018: $81,368Net Income 2018: -$55,4582018Revenue 2019: $184,155Expenses 2019: $17,023Net Income 2019: $167,1322019Revenue 2020: $27,320Expenses 2020: $6,268Net Income 2020: $21,0522020Revenue 2021: $68,163Expenses 2021: $204,977Net Income 2021: -$136,8142021Revenue 2022: $47,528Expenses 2022: $52,662Net Income 2022: -$5,1342022Revenue 2023: $30,015Expenses 2023: $129,437Net Income 2023: -$99,4222023Revenue 2024: $95,044Expenses 2024: $201,011Net Income 2024: -$105,9672024Revenue 2025: $29Expenses 2025: $18,878Net Income 2025: -$18,8492025

Highlighted filing

2015

Revenue$347,798
Expenses$71,575
Net Income$276,223
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Oct 19, 2015
Return Version
2014v5.0
Gross Receipts
$347,798
Mission and Program Overview

Mission

The organization was formed to assist, collaborate with and commission artists to produce artworks and public projects, as a means of raising awareness of and generating interest in the arts. To achieve those objectives, the organization commissions and produces artworks created by artists from the united states and foreign countries to be displayed for the general public in locations throughout the united states and abroad. In addition, the purpose is to create an american entity to heighten the awareness of and promote the contemporary arts in the united states and abroad.

Assistance, collaboration & commissioning artists to produce artworks and public projects, as a means of raising awareness of and generating interest in the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$294,300$568,108▲ $273,808
Cash and Non-Interest-Bearing Accounts$23,995$26,410▲ $2,415
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$443,295$719,518▲ $276,223
Other Assets Total$125,000$125,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$443,295$419,518▼ $23,777
Temporarily Rstr Net Assets$0$300,000▲ $300,000
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$443,295$719,518▲ $276,223
Total Liabilities and Net Assets / Fund Balance$443,295$719,518▲ $276,223

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$125,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
William PalmerChair and President
James LingwoodVice President
Michael MorrisVice President
James TrumanDirector
Roni HornDirector
Cressida HubbardSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$347,000
Program Service Revenue
$0
Investment Income
$798
Other Revenue
$0
All Other Contributions
$347,000
Change in Net Assets
$276,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$71,575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$44,572--$44,572
Fees for Services Accounting-$10,000-$10,000
Other Expenses$9,098$61-$9,098
Travel$290--$290
Total Functional Expenses$61,389$10,186$0$71,575
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's secretary and treasurer of the board, who is a volunteer, will receive the form 990 and review with the entire board.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements and governing documents available to the public via their website and upon request.

Filing and Contact Details

Filer

Filer Name
Artangel America
EIN
42-1606593
In Care Of
% CRESSIDA HUBBARD
Phone
2122198977
Address
C/O ESTHER FLURY 106 7TH AVENUE, NEW YORK, NY 10011

Signing Officer

Name
Cressida Hubbard
Title
Secretary/treasurer
Phone
2122198977
Signed
2015-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cressida Hubbard
Formed
2004
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Hecht and Company Pc
Address
350 5TH AVENUE - 68TH FL, NEW YORK, NY 10118-0110
Preparer
Steven Stern
Phone
2128198000
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section A, Lines 8A & 8B

The organization does not document the meetings held or written actions undertaken during the year by the governing body or by the board of directors. They are in constant communication throughout the year and do not necessarily have formal face to face meetings, as a few directors are based in the u.s. And the rest in the u.k.

Form 990, Schedule A, Part II, Line 17A

See attached explanation concerning the 10% facts and circumstances test.

Form 990 Part IX Line 24 - Other Expenses

Description:engineering & tests fees total expenses:1000 program services:1000

Form 990 Part IX Line 24 - Other Expenses

Description:launch costs total expenses:1000 program services:1000

Form 990 Part IX Line 24 - Other Expenses

Description:research & development total expenses:5000 program services:5000

Form 990 Part IX Line 24 - Other Expenses

Description:film & production costs total expenses:20000 program services:20000

Form 990 Part IX Line 24 - Other Expenses

Description:artists fees total expenses:17572 program services:17572

Financial Statement Notes

Form 990, Schedule D, Part III, Line 4

5 limited edition works of art by mike kelley, "mobile homestead swag lamp". The sale of the editions will continue to fund and support the production costs for the ongoing mike kelley mobile homestead project. This meets the organization's purpose to assist, collaborate with and commission artists to produce artworks and public projects to raise awareness of and generate interest in the arts.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION HAS STARTED PRODUCTION ON A VIDEO INSTALLATION EXHIBITION WITH VIETNAMESE AMERICAN ARTIST, DINH Q. LE, WHICH WAS LAUNCHED IN JANUARY 2015 AND CONTINUES THROUGH 2016. EACH OF ITS THREE PARTS WILL FEATURE NEWLY FILMED FOOTAGE, STAGED SCENARIOS AND ANIMATED SEQUENCES BASED ON PICTURESQUE 19TH CENTURY DEPICTIONS OF A CLUSTER OF ISLANDS OFF THE COAST OF PERU, RICH IN GUANO, A POWERFUL FERTILIZER.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION WAS COMMISSIONED TO AND PRODUCED A PROJECT ENTITLED "JERUSALEM" WITH AMERICAN ARTIST, PAUL PFEIFFER, WHICH WAS LAUNCHED IN JUNE 2014 AND CONTINUES THROUGH 2015. THIS PROJECT IS A RADICAL REWORKING OF FOOTAGE FROM THE 1966 FIFA WORLD CUP FINAL AND IT WAS TIMED TO COINCIDE WITH THE 2014 WORLD CUP IN BRAZIL. IT REVISITED THE MOST FAMOUS OCCASION IN THE SPORTING HISTORY OF ENGLAND, BROADCAST LIVE BY THE BBC TO ONE OF THE LARGEST EVER LIVE AUDIENCES OF AN ESTIMATED 400 MILLION PEOPLE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0JORGE OTERO-PAILOS PROJECT
IRS990/ProgSrvcAccomActyOtherGrp/Desc1MIRANDA JULY PROJECT
IRS990/ProgSrvcAccomActyOtherGrp/Desc2RONI HORN PROJECT
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SEE ATTACHED EXPLANATION CONCERNING THE 10% FACTS AND CIRCUMSTANCES TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A, PART II, SECTION C, LINE 17A
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IRS990ScheduleD/CollectionUsedOtherPurposesGrp/OtherPurposesDesc0SUPPORT THE PROGRAM SERVICES
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IRS990ScheduleD/HeldWorksArtGrp/RevenuesIncludedAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0125000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0WORKS OF ART
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt05 LIMITED EDITION WORKS OF ART BY MIKE KELLEY, "MOBILE HOMESTEAD SWAG LAMP". THE SALE OF THE EDITIONS WILL CONTINUE TO FUND AND SUPPORT THE PRODUCTION COSTS FOR THE ONGOING MIKE KELLEY MOBILE HOMESTEAD PROJECT. THIS MEETS THE ORGANIZATION'S PURPOSE TO ASSIST, COLLABORATE WITH AND COMMISSION ARTISTS TO PRODUCE ARTWORKS AND PUBLIC PROJECTS TO RAISE AWARENESS OF AND GENERATE INTEREST IN THE ARTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S SECRETARY AND TREASURER OF THE BOARD, WHO IS A VOLUNTEER, WILL RECEIVE THE FORM 990 AND REVIEW WITH THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC VIA THEIR WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT DOCUMENT THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR BY THE GOVERNING BODY OR BY THE BOARD OF DIRECTORS. THEY ARE IN CONSTANT COMMUNICATION THROUGHOUT THE YEAR AND DO NOT NECESSARILY HAVE FORMAL FACE TO FACE MEETINGS, AS A FEW DIRECTORS ARE BASED IN THE U.S. AND THE REST IN THE U.K.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE ATTACHED EXPLANATION CONCERNING THE 10% FACTS AND CIRCUMSTANCES TEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:ENGINEERING & TESTS FEES TOTAL EXPENSES:1000 PROGRAM SERVICES:1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:LAUNCH COSTS TOTAL EXPENSES:1000 PROGRAM SERVICES:1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:RESEARCH & DEVELOPMENT TOTAL EXPENSES:5000 PROGRAM SERVICES:5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:FILM & PRODUCTION COSTS TOTAL EXPENSES:20000 PROGRAM SERVICES:20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:ARTISTS FEES TOTAL EXPENSES:17572 PROGRAM SERVICES:17572
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IV, SECTION A, LINES 8A & 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, SCHEDULE A, PART II, LINE 17A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990/SignificantChangeInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061389
IRS990/TotalFunctionalExpensesGrp/TotalAmt071575
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IRS990/TotalOtherCompensationAmt00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.24$0.05$0.19$0.00$0.19$0.19
2024Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.95$2.01$1.06
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.44$0.30$1.29$0.99
2022Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.48$0.53$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.68$2.05$1.37
2020Detailed filing. Detailed filing data is available for this year.$3.85$0.00$3.85$0.27$0.06$0.21
2019Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$1.84$0.17$1.67
2018Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.26$0.81$0.55
2017Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$1.09$5.73$4.64
2016Detailed filing. Detailed filing data is available for this year.$7.17$0.00$7.17$1.49$1.52$0.03
2015Detailed filing. Detailed filing data is available for this year.$7.20$0.00$7.20$3.48$0.72$2.76
2014Detailed filing. Detailed filing data is available for this year.$4.43$0.00$4.43$4.46$2.85$1.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.45$2.82$4.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$0.47$6.95$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$0.51$5.58$2.34