Civic Intelligence

Leo Katz Foundation Inc.

EIN 46-4293350 • 501(c)3 • Old Lyme, CT

Pub. 78 Eligible990-N Coverage

Profile

To preserve and promote awareness of the artwork produced by artist leo katz

PO Box 292Old Lyme, CT 06371

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

107.18x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

44th percentile

-0.3%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-98%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

-12%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$11

Down $481 (-98%) from 2023

Liabilities

Down

$1,179

Down $465 (-28%) from 2023

Net Assets

Down

-$1,168

Down $16 (-1.4%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin44th percentile

Revenue

Down

$6,307

Down $891 (-12%) from 2023

Expenses

Down

$6,323

Down $1,225 (-16%) from 2023

Net Income

Up

-$16

Up $334 (+95%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0K$1.0K$0-$1.0K-$2.0KAssets 2015: $3Net Assets 2015: $32015Assets 2016: $197Liabilities 2016: $500Net Assets 2016: -$3032016Assets 2017: $532Liabilities 2017: $500Net Assets 2017: $322017Assets 2022: $1,046Liabilities 2022: $1,684Net Assets 2022: -$6382022Assets 2023: $492Liabilities 2023: $1,644Net Assets 2023: -$1,1522023Assets 2024: $11Liabilities 2024: $1,179Net Assets 2024: -$1,1682024

Highlighted filing

2024

Assets$11
Liabilities$1,179
Net Assets-$1,168
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2015: $1,000Expenses 2015: $997Net Income 2015: $32015Revenue 2016: $0Expenses 2016: $306Net Income 2016: -$3062016Revenue 2017: $4,685Expenses 2017: $4,350Net Income 2017: $3352017Revenue 2022: $13,845Expenses 2022: $14,495Net Income 2022: -$6502022Revenue 2023: $7,198Expenses 2023: $7,548Net Income 2023: -$3502023Revenue 2024: $6,307Expenses 2024: $6,323Net Income 2024: -$162024

Highlighted filing

2024

Revenue$6,307
Expenses$6,323
Net Income-$16
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11
Liabilities
$1,179
Net assets
-$1,168
Revenue
$6,307
Expenses
$6,323
Net income
-$16
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$1.18$1.17$6.31$6.32$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.49$1.64$1.15$7.20$7.55$0.35
2022Detailed filing. Detailed filing data is available for this year.$1.05$1.68$0.64$13.8$14.5$0.65
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.50$0.03$4.69$4.35$0.34
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.50$0.30$0.00$0.31$0.31
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.00$1.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$6,307
Mission and Program Overview

Mission

To preserve and promote awareness of the artwork produced by artist leo katz

Program Services

DescriptionGrantsExpenses
TO PROMOTE ART EDUCATION TO THE PUBLIC-$4,579
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH LISA WADGEPresident-$0--
JUSTIN WADGESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Leo Katz Foundation Inc
EIN
46-4293350
Phone
8603040995
Address
PO BOX 292, OLD LYME, CT 06371

Signing Officer

Name
Elizabeth Lisa Wadge
Title
President
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Mason DiMarco Shaw & Leone P C
Address
141 Durham Rd Ste 14, Madison, CT 06443
Preparer
Jonathan Leone
Phone
2032459264
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $778”

Other Expenses.2

“ART RESTORATION $1091”

Other Expenses.3

“ARTWORK PURCHASE $700”

Other Expenses.4

“Framing/art supplies $307”

Other Expenses.5

“MISC EXPENSE $271”

Other Expenses.6

“MEALS (1/2) $268”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $1644 Payable to Officers, Directors, Etc. - Ending $1179”

Raw XML Appendix147 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/PersonNm0ELIZABETH LISA WADGE
IRS990EZ/BooksInCareOfDetail/PhoneNum08603040995
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 TOWN WOODS RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LYME
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006371
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0492
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06307
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0492
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt06307
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-1152
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1168
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-1152
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1168
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELIZABETH LISA WADGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTIN WADGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03415
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PRESERVE AND PROMOTE AWARENESS OF THE ARTWORK PRODUCED BY ARTIST LEO KATZ
IRS990EZ/PrintingPublicationsPostageAmt02558
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE ART EDUCATION TO THE PUBLIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04579
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01644
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01179
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06323
IRS990EZ/TotalProgramServiceExpensesAmt04579
IRS990EZ/TotalRevenueAmt06307
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.leokatz.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt014245
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029228
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0548
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0548
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt029776
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07224
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt014245
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/Total509Grp/TotalAmt029776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07224
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014245
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt029776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $778
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ART RESTORATION $1091
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTWORK PURCHASE $700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FRAMING/ART SUPPLIES $307
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISC EXPENSE $271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS (1/2) $268
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Payable to Officers, Directors, Etc. - Beginning $1644 Payable to Officers, Directors, Etc. - Ending $1179
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1006
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH LISA WADGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEO KATZ FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LEOK
ReturnHeader/Filer/EIN0464293350
ReturnHeader/Filer/PhoneNum08603040995
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 292
ReturnHeader/Filer/USAddress/CityNm0OLD LYME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006371
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061178177
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mason DiMarco Shaw & Leone P C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0141 Durham Rd Ste 14
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006443
ReturnHeader/PreparerPersonGrp/PhoneNum02032459264
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN LEONE
ReturnHeader/ReturnTs02025-11-13T10:06:11-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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