Liabilities / Assets
35th percentile
Higher debt load relative to assets than 35% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Down$3,657,542
Down $6,500 (-0.2%) from 2016
Net Assets
Down$3,551,830
Down $112,212 (-3.1%) from 2016
Liabilities
Up$105,712
Up $105,712 from 2016
Revenue And Expenses
Revenue
Down$224,990
Down $2,381,310 (-91%) from 2016
Expenses
Down$337,202
Down $66,041 (-16%) from 2016
Net Income
Down-$112,212
Down $2,315,269 (-105%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Nov 15, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $224,990
Mission and Program Overview
Mission
1. Specifically to promote interest in contemporary art, design, architecture and sciences. 2. In furtherance of the above to make contribution of funds to nonprofit and charitable organizations in the united states and italy, which is dedicated in the development of contemporary artists. 3. To provide grants for research, solicit and collect funds and engage in activities, such as the holding of symposia and informational gatherings for prospective contemporary artists interested in departing from their previous endeavors or predecessors, in order to cultivate, develop and further the knowledge and awareness of non profit and charitable organizations in the united states and italy. 4. To identify strong contemporary artists in the united states and italy for possible enrollment in residency programs. 5. To raise, receive and maintain a fund or funds for, and allocate and apply the principal and income thereof for the advancement of the purposes described above.
1. Specifically to promote interest in contemporary art, design, architecture and sciences. 2. In furtherance of the above to make contribution of funds to nonprofit and charitable organizations in the united states and italy, which is dedicated in the development of contemporary artists. 3. To provide grants for research, solicit and collect funds and engage in activities, such as the holding of symposia and informational gatherings for prospective contemporary artists interested in departing from their previous endeavors or predecessors, in order to cultivate, develop and further the knowledge and awareness of nonprofit and charitable organizations in the united states and italy. 4. To identify strong contemporary artists in the united states and italy for possible enrollment in residency programs. 5 to raise, receive and maintain a fund or funds for, and allocate and apply the principal and income thereof for the advancement of the purposes described above.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $6,271 | - | - |
| Cash and Non-Interest-Bearing Accounts | $1 | $199 | ▲ $198 |
| Land, Buildings, and Equipment, Net | $570 | $143 | ▼ $427 |
| Total Assets | $3,664,042 | $3,657,542 | ▼ $6,500 |
| Other Assets Total | $3,657,200 | $3,657,200 | → $0 |
| Liabilities | |||
| Other Liabilities | - | $105,712 | - |
| Total Liabilities | $0 | $105,712 | ▲ $105,712 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $3,664,042 | $3,551,830 | ▼ $112,212 |
| Total Net Assets Fund Balance | $3,664,042 | $3,551,830 | ▼ $112,212 |
| Total Liabilities and Net Assets / Fund Balance | $3,664,042 | $3,657,542 | ▼ $6,500 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $143 | $26,499 | $26,642 |
| Other Assets Org | $3,657,200 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Pierpaolo Barzan | President |
| Claudio Barzan | Director |
| Valeria Sorci | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $203,900
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $21,090
- All Other Contributions
- $203,900
- Change in Net Assets
- $-112,212
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $337,202 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $37,326 | $10,042 | - | $47,368 |
| Advertising | - | $22,500 | - | $22,500 |
| Other Expenses | $15,390 | - | - | $15,390 |
| Depreciation Depletion | $427 | - | - | $427 |
| Total Functional Expenses | $304,660 | $32,542 | $0 | $337,202 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Loan Pierpaolo Barzan | $67,945 |
| Bank O/d | $30,234 |
| Loan to Valeria | $7,533 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- No
- 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
- No
- 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 2
“Valeria sorci pierpaolo barzan secretary president spouse”
Form 990, Page 6, Part VI, Line 11B
“The organization's president of finance and operations reviewed the form 900, compared the information contained on form 990 with the organization's internally generated financial statements.”
Form 990, Page 6, Part VI, Line 19
“The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon written request and special permission and authorization by its board.”
Filing and Contact Details
Filer
- Filer Name
- Depart Foundation Inc
- EIN
- 46-3650588
- Address
- 29517 HARVESTER ROAD, MALIBU, CA 90265
Signing Officer
- Name
- Pierpaolo Barzan
- Title
- President
- Signed
- 2018-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Pierpaolo Barzan
- Formed
- 2013
- Legal Domicile
- De
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 0
Preparer
- Firm
- Walters & Sklyar Llp
- Address
- 21031 VENTURA BLVD STE 401, WOODLAND HILLS, CA 91364
- Preparer
- James F Walters CPA
- Phone
- 8189752040
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“1. Specifically to promote interest in contemporary art,design,architecture and sciences. 2. In furtherance of the above to make contribution of funds to non profit and charitable organizations in the united states and italy, which is dedicated in the development of contemporary artists. 3. To provide grants for research,solicit and collect funds and engage in activities, such as the holding of symposia and informational gatherings for prospective contemporary artists interested in departing from their previous endeavors or predecessors, in order to cultivate, develop and further the knowledge and awareness of non profit and charitable organizations in the united states and italy. 4. To identify strong contemporary artists in the united states and italy for possible enrollment in residency programs. 5. To raise, receive and maintain a fund or funds for, and allocate and apply the principal and income there of for the advancement of the purposes described above”
Form 990, Page 2, Part III, Line 4A
“In residency programs to raise, receive and maintain a fund or funds for, and allocate and apply the principal and income thereof for the advancement of the purposes described above.”
Form 990, Part IX, Line 24E
“Michael pybus show 14,787 0 0 office expenses 0 10,042 0 chase hall show 6,441 0 0 malibu store 4,108 0 0 giorgio calo show 3,854 0 0 african show 3,211 0 0 miami show 1,548 0 0 standing rock 1,389 0 0 miami cocktail show 1,365 0 0 american academy food cos 623 0 0 total 37,326 10,042 0”
Raw XML Appendix308 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 |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 1. SPECIFICALLY TO PROMOTE INTEREST IN CONTEMPORARY ART, DESIGN, ARCHITECTURE AND SCIENCES. 2. IN FURTHERANCE OF THE ABOVE TO MAKE CONTRIBUTION OF FUNDS TO NONPROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY, WHICH IS DEDICATED IN THE DEVELOPMENT OF CONTEMPORARY ARTISTS. 3. TO PROVIDE GRANTS FOR RESEARCH, SOLICIT AND COLLECT FUNDS AND ENGAGE IN ACTIVITIES, SUCH AS THE HOLDING OF SYMPOSIA AND INFORMATIONAL GATHERINGS FOR PROSPECTIVE CONTEMPORARY ARTISTS INTERESTED IN DEPARTING FROM THEIR PREVIOUS ENDEAVORS OR PREDECESSORS, IN ORDER TO CULTIVATE, DEVELOP AND FURTHER THE KNOWLEDGE AND AWARENESS OF NONPROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY. 4. TO IDENTIFY STRONG CONTEMPORARY ARTISTS IN THE UNITED STATES AND ITALY FOR POSSIBLE ENROLLMENT IN RESIDENCY PROGRAMS. 5 TO RAISE, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR, AND ALLOCATE AND APPLY THE PRINCIPAL AND INCOME THEREOF FOR THE ADVANCEMENT OF THE PURPOSES DESCRIBED ABOVE. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 22500 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 22500 |
| IRS990/AllOtherContributionsAmt | 0 | 203900 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10042 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 37326 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 47368 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | PIERPAOLO BARZAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8189752040 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 29517 HARVESTER ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MALIBU |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90265 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 199 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | true |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 203900 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 337202 |
| IRS990/CYOtherRevenueAmt | 0 | 21090 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -112212 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 337202 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 224990 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 427 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 427 |
| IRS990/Desc | 0 | TO MANAGE AND CONDUCT SPECIFICALLY TO PROMOTE INTEREST IN CONTEMPORARY ART, DESIGN, ARCHITECTURE AND SCIENCES, IN FURTHERANCE OF THE ABOVE TO MAKE CONTRIBUTION OF FUNDS TO NONPROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY, WHICH IS DEDICATED IN THE DEVELOPMENT OF CONTEMPORARY ARTISTS. TO PROVIDE GRANTS FOR RESEARCH, SOLICIT AND COLLECT FUNDS AND ENGAGE IN ACTIVITIES, SUCH AS THE HOLDING OF SYMPOSIA AND INFORMATIONAL GATHERINGS FOR PROSPECTIVE CONTEMPORARY ARTISTS INTERESTED IN DEPARTING FROM THEIR PREVIOUS ENDEAVORS OR PREDECESSORS, IN ORDER TO CULTIVATE, DEVELOP AND FURTHER THE KNOWLEDGE AND AWARENESS OF NONPROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY. TO IDENTIFY STRONG CONTEMPORARY ARTISTS IN THE UNITED STATES AND ITALY FOR POSSIBLE ENROLLMENT IN RESIDENCY PROGRAMS TO RAISE, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR, AND ALLOCATE AND APPLY THE PRINCIPAL AND INCOME THEREOF FOR THE ADVANCEMENT OF THE PURPOSES DESCRIBED ABOVE. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 304660 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | true |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PIERPAOLO BARZAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | VALERIA SORCI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CLAUDIO BARZAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 224990 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 26499 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 570 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 143 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 26642 |
| IRS990/LegalDomicileStateCd | 0 | DE |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 1. SPECIFICALLY TO PROMOTE INTEREST IN CONTEMPORARY ART,DESIGN,ARCHITECTURE AND SCIENCES. 2. IN FURTHERANCE OF THE ABOVE TO MAKE CONTRIBUTION OF FUNDS TO NON PROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY, WHICH IS DEDICATED IN THE DEVELOPMENT OF CONTEMPORARY ARTISTS. 3. TO PROVIDE GRANTS FOR RESEARCH,SOLICIT AND COLLECT FUNDS AND ENGAGE IN ACTIVITIES, SUCH AS THE HOLDING OF SYMPOSIA AND INFORMATIONAL GATHERINGS FOR PROSPECTIVE CONTEMPORARY ARTISTS INTERESTED IN DEPARTING FROM THEIR PREVIOUS ENDEAVORS OR PREDECESSORS, IN ORDER TO CULTIVATE, DEVELOP AND FURTHER THE KNOWLEDGE AND AWARENESS OF NON PROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY. 4. TO IDENTIFY STRONG CONTEMPORARY ARTISTS IN THE UNITED STATES AND ITALY FOR POSSIBLE ENROLLMENT IN RESIDENCY PROGRAMS. 5. TO RAISE, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR, AND ALLOCATE AND APPLY THE PRINCIPAL AND INCOME THERE OF FOR THE ADVANCEMENT OF THE PURPOSES DESCRIBED ABOVE |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3664042 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3551830 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 22500 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 3657200 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 3657200 |
| IRS990/OtherExpensesGrp/Desc | 0 | DEPART GALLERY LA |
| IRS990/OtherExpensesGrp/Desc | 1 | SURF SHOW |
| IRS990/OtherExpensesGrp/Desc | 2 | ULAY SHOW |
| IRS990/OtherExpensesGrp/Desc | 3 | EDWARD CURTIS SHOW |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 158347 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 76581 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 16589 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 15390 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 158347 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 76581 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 16589 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 15390 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 105712 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | STORES SALE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 21090 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 21090 |
| IRS990/OtherRevenueTotalAmt | 0 | 21090 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | PIERPAOLO BARZAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2606300 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 44741 |
| IRS990/PYOtherExpensesAmt | 0 | 358502 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2203057 |
| IRS990/PYTotalExpensesAmt | 0 | 403243 |
| IRS990/PYTotalRevenueAmt | 0 | 2606300 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -112212 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 181400 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 6271 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 203900 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2652300 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1855255 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 128500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 4839955 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 21090 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4839955 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 203900 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2652300 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1855255 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 128500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 4839955 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 4839955 |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt | 0 | 3657200 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 3657200 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | ARTWORK |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 143 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 26499 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 26642 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 67945 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 30234 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 7533 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LOAN PIERPAOLO BARZAN |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | BANK O/D |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | LOAN TO VALERIA |
| IRS990ScheduleD/SolicitedAssetsSaleInd | 0 | false |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 143 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 3657200 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 105712 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 1. SPECIFICALLY TO PROMOTE INTEREST IN CONTEMPORARY ART,DESIGN,ARCHITECTURE AND SCIENCES. 2. IN FURTHERANCE OF THE ABOVE TO MAKE CONTRIBUTION OF FUNDS TO NON PROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY, WHICH IS DEDICATED IN THE DEVELOPMENT OF CONTEMPORARY ARTISTS. 3. TO PROVIDE GRANTS FOR RESEARCH,SOLICIT AND COLLECT FUNDS AND ENGAGE IN ACTIVITIES, SUCH AS THE HOLDING OF SYMPOSIA AND INFORMATIONAL GATHERINGS FOR PROSPECTIVE CONTEMPORARY ARTISTS INTERESTED IN DEPARTING FROM THEIR PREVIOUS ENDEAVORS OR PREDECESSORS, IN ORDER TO CULTIVATE, DEVELOP AND FURTHER THE KNOWLEDGE AND AWARENESS OF NON PROFIT AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ITALY. 4. TO IDENTIFY STRONG CONTEMPORARY ARTISTS IN THE UNITED STATES AND ITALY FOR POSSIBLE ENROLLMENT IN RESIDENCY PROGRAMS. 5. TO RAISE, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR, AND ALLOCATE AND APPLY THE PRINCIPAL AND INCOME THERE OF FOR THE ADVANCEMENT OF THE PURPOSES DESCRIBED ABOVE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | IN RESIDENCY PROGRAMS TO RAISE, RECEIVE AND MAINTAIN A FUND OR FUNDS FOR, AND ALLOCATE AND APPLY THE PRINCIPAL AND INCOME THEREOF FOR THE ADVANCEMENT OF THE PURPOSES DESCRIBED ABOVE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | VALERIA SORCI PIERPAOLO BARZAN SECRETARY PRESIDENT SPOUSE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S PRESIDENT OF FINANCE AND OPERATIONS REVIEWED THE FORM 900, COMPARED THE INFORMATION CONTAINED ON FORM 990 WITH THE ORGANIZATION'S INTERNALLY GENERATED FINANCIAL STATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AND SPECIAL PERMISSION AND AUTHORIZATION BY ITS BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MICHAEL PYBUS SHOW 14,787 0 0 OFFICE EXPENSES 0 10,042 0 CHASE HALL SHOW 6,441 0 0 MALIBU STORE 4,108 0 0 GIORGIO CALO SHOW 3,854 0 0 AFRICAN SHOW 3,211 0 0 MIAMI SHOW 1,548 0 0 STANDING ROCK 1,389 0 0 MIAMI COCKTAIL SHOW 1,365 0 0 AMERICAN ACADEMY FOOD COS 623 0 0 TOTAL 37,326 10,042 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 24E |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | DE |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 3664042 |
| IRS990/TotalAssetsEOYAmt | 0 | 3657542 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3664042 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3657542 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 203900 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 32542 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 304660 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 337202 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 105712 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 105712 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3664042 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3551830 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 304660 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 21090 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 224990 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3664042 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3657542 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 3664042 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 3551830 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 29517 HARVESTER ROAD |
| IRS990/USAddress/CityNm | 0 | MALIBU |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 902653815 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PIERPAOLO BARZAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DEPART FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DEPA |
| ReturnHeader/Filer/EIN | 0 | 463650588 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 29517 HARVESTER ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MALIBU |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90265 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | EB1CE3BCAFFDE2A156A435EDB7AAAB5FB1678706 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | EB1CE3BCAFFDE2A156A435EDB7AAAB5FB1678706 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 162.210.146.226 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 22:53:24 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 475677171 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WALTERS & SKLYAR LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 21031 VENTURA BLVD STE 401 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WOODLAND HILLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91364 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8189752040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES F WALTERS CPA |
| ReturnHeader/ReturnTs | 0 | 2018-11-15T20:53:24-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $3,657,542
- Liabilities
- $105,712
- Net assets
- $3,551,830
- Revenue
- $224,990
- Expenses
- $337,202
- Net income
- -$112,212