Civic Intelligence

Asian Art Resource

990EZ • Fiscal year 2023 • EIN 46-1144233

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 15, 2024

Organization ProfileN/A
65 E Monroe St Unit 4015Chicago, IL 60603

(781) 697-0213

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

97th percentile

91%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

86th percentile

53%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

700%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$105,759

Up $36,584 (+53%) from 2022

Net Assets

Up

$105,632

Up $36,457 (+53%) from 2022

Liabilities

Up

$127

Up $127 from 2022

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin97th percentile

Revenue

Up

$40,000

Up $35,000 (+700%) from 2022

Expenses

Down

$3,543

Down $1,424 (-29%) from 2022

Net Income

Up

$36,457

Up $36,424 (+110376%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$150K$100K$50K$0Assets 2021: $69,142Liabilities 2021: $0Net Assets 2021: $69,1422021Assets 2022: $69,175Liabilities 2022: $0Net Assets 2022: $69,1752022Assets 2023: $105,759Liabilities 2023: $127Net Assets 2023: $105,6322023Assets 2024: $119,844Liabilities 2024: $757Net Assets 2024: $119,0872024

Highlighted filing

2023

Assets$105,759
Liabilities$127
Net Assets$105,632
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$80K$60K$40K$20K$0Revenue 2021: $69,727Expenses 2021: $585Net Income 2021: $69,1422021Revenue 2022: $5,000Expenses 2022: $4,967Net Income 2022: $332022Revenue 2023: $40,000Expenses 2023: $3,543Net Income 2023: $36,4572023Revenue 2024: $20,000Expenses 2024: $6,545Net Income 2024: $13,4552024

Highlighted filing

2023

Revenue$40,000
Expenses$3,543
Net Income$36,457
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 15, 2024
Return Version
2023v5.0
Gross Receipts
$40,000
Mission and Program Overview

Mission

Consolidate art resources of the United States and Asia and facilitate more effective communication and resource sharing among artists, institutions and collectors

Program Services

DescriptionGrantsExpenses
N/A$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HAN LIUSecretary & TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Asian Art Resource
EIN
46-1144233
Phone
7816970213
Address
65 E MONROE ST UNIT 4015, CHICAGO, IL 60603

Signing Officer

Name
Han Liu
Title
Secretary & Treasurer
Phone
7816970213
Signed
2024-04-15

Preparer

Firm
Zhuang Mu Liu CPA Pllc
Address
215-45 NORTHERN BLVD SUITE 208, BAYSIDE, NY 11361
Preparer
Liu Zhuang Mu
Phone
7183212051
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“OFFICE SUPPLIES 0.”

Form 990EZ, Part I, Line 16

“AUTO EXPENSES 2304.”

Form 990EZ, Part I, Line 16

“PARKING & TOLL 0.”

Form 990EZ, Part I, Line 16

“BANK CHARGE 0.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSES 234.”

Form 990EZ, Part I, Line 16

“LICENSE RENEW 11.”

Form 990EZ, Part I, Line 16

“ENTERTAINMENT”

Form 990EZ, Part I, Line 16

“Depreciation 644.”

Form 990EZ, Part II, Line 24

“Net furniture with accumulated depreciation 2253.”

Raw XML Appendix160 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE CORPORATION
IRS990EZ/BooksInCareOfDetail/PhoneNum07816970213
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt065 E MONROE ST UNIT 4015
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060603
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt066922
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0104151
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt040000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt036457
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt069175
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0105759
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt040000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt069175
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0105632
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt069175
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0105632
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HAN LIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY & TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02253
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01608
IRS990EZ/OtherExpensesTotalAmt03193
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Consolidate art resources of the United States and Asia and facilitate more effective communication and resource sharing among artists, institutions and collectors
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0127
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03543
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt040000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt040000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt069727
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0114727
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0114727
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt040000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt069727
IRS990ScheduleA/Total509Grp/TotalAmt0114727
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0114727
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICE SUPPLIES 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AUTO EXPENSES 2304.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PARKING & TOLL 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGE 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE EXPENSES 234.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LICENSE RENEW 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ENTERTAINMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Depreciation 644.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NET FURNITURE WITH ACCUMULATED DEPRECIATION 2253.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HAN LIU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07816970213
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASIAN ART RESOURCE
ReturnHeader/Filer/BusinessNameControlTxt0ASIA
ReturnHeader/Filer/EIN0461144233
ReturnHeader/Filer/PhoneNum07816970213
ReturnHeader/Filer/USAddress/AddressLine1Txt065 E MONROE ST UNIT 4015
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060603
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320038372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ZHUANG MU LIU CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215-45 NORTHERN BLVD SUITE 208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAYSIDE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011361
ReturnHeader/PreparerPersonGrp/PhoneNum07183212051
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LIU ZHUANG MU
ReturnHeader/ReturnTs02024-05-29T14:18:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LIU
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$105,759
Liabilities
$127
Net assets
$105,632
Revenue
$40,000
Expenses
$3,543
Net income
$36,457
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$0.20$0.07$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.40$0.04$0.36
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.05$0.05$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.70$0.01$0.69