Civic Intelligence

Faena Arts Inc

990 • Fiscal year 2021 • EIN 47-1636322

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

3201 Collins AveMiami Beach, FL 33140

(305) 904-4058

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.18x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$42,987

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

99th percentile

787%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

336%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$923,793

Up $819,634 (+787%) from 2020

Net Assets

Up

$677,087

Up $791,803 (+690%) from 2020

Liabilities

Up

$246,706

Up $27,831 (+13%) from 2020

Revenue

Up

$1,364,663

Up $1,051,383 (+336%) from 2020

Expenses

Up

$572,860

Up $188,772 (+49%) from 2020

Net Income

Up

$791,803

Up $862,611 (+1218%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $736,864Liabilities 2015: $80,279Net Assets 2015: $656,5852015Assets 2016: $449,978Liabilities 2016: $416,235Net Assets 2016: $33,7432016Assets 2017: $191,979Liabilities 2017: $138,521Net Assets 2017: $53,4582017Assets 2018: $65,420Liabilities 2018: $378,583Net Assets 2018: -$313,1632018Assets 2019: $172,895Liabilities 2019: $321,605Net Assets 2019: -$148,7102019Assets 2020: $104,159Liabilities 2020: $218,875Net Assets 2020: -$114,7162020Assets 2021: $923,793Liabilities 2021: $246,706Net Assets 2021: $677,0872021Assets 2022: $1,033,541Liabilities 2022: $647,192Net Assets 2022: $386,3492022Assets 2023: $414,356Liabilities 2023: $284,270Net Assets 2023: $130,0862023Assets 2024: $890,890Liabilities 2024: $444,043Net Assets 2024: $446,8472024

Highlighted filing

2021

Assets$923,793
Liabilities$246,706
Net Assets$677,087

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $1,620,923Expenses 2015: $964,338Net Income 2015: $656,5852015Revenue 2016: $2,031,126Expenses 2016: $2,653,968Net Income 2016: -$622,8422016Revenue 2017: $597,177Expenses 2017: $577,462Net Income 2017: $19,7152017Revenue 2018: $633,819Expenses 2018: $1,000,440Net Income 2018: -$366,6212018Revenue 2019: $1,156,417Expenses 2019: $991,964Net Income 2019: $164,4532019Revenue 2020: $313,280Expenses 2020: $384,088Net Income 2020: -$70,8082020Revenue 2021: $1,364,663Expenses 2021: $572,860Net Income 2021: $791,8032021Revenue 2022: $1,333,552Expenses 2022: $1,624,290Net Income 2022: -$290,7382022Revenue 2023: $1,266,940Expenses 2023: $1,523,203Net Income 2023: -$256,2632023Revenue 2024: $1,768,213Expenses 2024: $1,451,452Net Income 2024: $316,7612024

Highlighted filing

2021

Revenue$1,364,663
Expenses$572,860
Net Income$791,803
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.2
Gross Receipts
$1,635,916
Mission and Program Overview

Mission

Arts organization dedicated to encouraging, commissioning and producing ambitious public arts projects, reaching new audiences and expanding awreness through contemporary art on the local level of miami beach, the state of florida, nationwide and abroad.

Encouraging, commissioning and producing ambitious public arts projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$59,159$878,793▲ $819,634
Intangible Assets$30,000$30,000→ $0
Accounts Receivable$15,000$15,000→ $0
Total Assets$104,159$923,793▲ $819,634
Liabilities
Accounts Payable and Accrued Expenses$218,875$246,706▲ $27,831
Total Liabilities$218,875$246,706▲ $27,831
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-114,716$677,087▲ $791,803
Total Net Assets Fund Balance$-114,716$677,087▲ $791,803
Total Liabilities and Net Assets / Fund Balance$104,159$923,793▲ $819,634
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jose SotoControllerFT$42,987$42,987

Board Members and Trustees

NameTitle
German De ElizaldePresident
Gita ShamdasaniVice Chair
Lauren CramerBoard Member
Olga BlavatnikBoard Member
Sarah ArisonBoard Member
Nicole ComottiExecutive Director
Neisen O KasdinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,364,663
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,190,123
Change in Net Assets
$791,803

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,364,663
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$271,253
Total Revenue per Audited Statements
$1,635,916
Total Revenue per Form 990
$1,364,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$515,548
Salaries, Compensation, and Employee Benefits$47,337
Professional Fundraising Fees$9,975
Total Fundraising Expense$9,975
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$363,391--$363,391
Office Expenses-$47,714-$47,714
Current Officers, Directors, Trustees, and Key Employees-$47,337-$47,337
Travel-$41,738-$41,738
Fees for Services Professional Fundraising--$9,975$9,975
Insurance-$9,923-$9,923
Fees for Services Accounting-$9,500-$9,500
Other Expenses-$41-$41
All Other Expenses-$25-$25
Total Functional Expenses$363,391$199,494$9,975$572,860

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$844,113
Expenses per Audited Statements$572,860
Total Expenses per Form 990$572,860
Expenses Not Reported on Form 990$271,253
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$271,253
Fundraising Gross Income$271,253
Professional Fundraising Fees$9,975

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dome Abasel Event$445,793$271,253$271,253$0
Total Events$445,793$271,253$271,253$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Process used to review the form 990 faena arts inc's form 990 was prepared by faena arts inc's external accountant, frendel brown & weissman llp, in consultation with faena arts inc's board of directors. The completed version of the form 990 was provided to the board for its review and comment. Upon approval by the board, the form 990 was finalized and filed with the irs.

Form 990, Part VI, Section B, Line 12C

Compliance with conflict of interest policy the board of directors oversees the submission of the annual disclosures by the directors, officers, trustees, and key employees, reviews the disclosures to determine whether there are any conflicts of interest, and monitors overall compliance with the policy. If any actual or potential conflict were to arise, legal counsel would work with the board to facilitate the fairness of the transaction, to ensure the recusal of any interested parties from any deliberations, and otherwise monitor compliance with the policy.

Form 990, Part VI, Section B, Line 15

Process for determining compensation the directors of faena arts inc. Volunteer their services and receive no compensation from faena arts inc. All faena arts inc officer, director, trustee, or key employee salary changes are approved by the board. The board periodically reviews whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. When conducting reviews, the organization may, but no need to, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.

Form 990, Part VI, Section C, Line 19

Process for making documents available to the public faena arts inc makes its governing documents, conflict of interest policy and financial statements available to the public on request.

Filing and Contact Details

Filer

Filer Name
Faena Arts Inc
EIN
47-1636322
Phone
3059044058
Address
3201 COLLINS AVE, MIAMI BEACH, FL 33140

Signing Officer

Name
Nicole Comotti
Title
COO
Phone
2128679630
Signed
2022-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Comotti
Formed
2014
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
FRENDEL BROWN & WEISSMAN LLP CPA'S
Address
655 THIRD AVE - SUITE 1400, NEW YORK, NY 10017
Preparer
Gary Katzen
Phone
2128679630
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractors - program related: program service expenses 287,870. Management and general expenses 0. Fundraising expenses 0. Total expenses 287,870. Other professional fees: program service expenses 75,521. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,521.

Form 990, Part XII, Line 2C

The process for the selection and supervision of the organization's independent auditor has remained consistent with the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit organization that is exempt from federal income taxes under section 501 (c)(3) of the internal revenue code. Under these provisions, no tax is paid on income received as long as the organizations maintains its tax exempt status. Accordingly, no provision for income taxes is provided in the accompanying financial statements. Although the orgnization is exempt from income tax, it may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded under the code. As of december 31, 2021, the organization determined that there are no significant, uncertain tax positions within its financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct expenses - fundraising event 271,253.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 271,253.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01364663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0313280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01178351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0633819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0597177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04087290
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt04087290
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01364663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0313280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01178351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0633819
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0597177
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04087290
IRS990ScheduleA/TotalSupportAmt04087290
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0271253
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0572860
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0271253
IRS990ScheduleD/OtherRevenueAmt0271253
IRS990ScheduleD/RevenueNotReportedAmt0271253
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01364663
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS PAID ON INCOME RECEIVED AS LONG AS THE ORGANIZATIONS MAINTAINS ITS TAX EXEMPT STATUS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALTHOUGH THE ORGNIZATION IS EXEMPT FROM INCOME TAX, IT MAY BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED UNDER THE CODE. AS OF DECEMBER 31, 2021, THE ORGANIZATION DETERMINED THAT THERE ARE NO SIGNIFICANT, UNCERTAIN TAX POSITIONS WITHIN ITS FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EXPENSES - FUNDRAISING EVENT 271,253.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 271,253.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0572860
IRS990ScheduleD/TotalRevenuePerForm990Amt01364663
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01635916
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0844113
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0174540
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0174540
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0271253
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DOME ABASEL EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0445793
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0445793
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0271253
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0271253
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0271253
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0271253
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROCESS USED TO REVIEW THE FORM 990 FAENA ARTS INC'S FORM 990 WAS PREPARED BY FAENA ARTS INC'S EXTERNAL ACCOUNTANT, FRENDEL BROWN & WEISSMAN LLP, IN CONSULTATION WITH FAENA ARTS INC'S BOARD OF DIRECTORS. THE COMPLETED VERSION OF THE FORM 990 WAS PROVIDED TO THE BOARD FOR ITS REVIEW AND COMMENT. UPON APPROVAL BY THE BOARD, THE FORM 990 WAS FINALIZED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLIANCE WITH CONFLICT OF INTEREST POLICY THE BOARD OF DIRECTORS OVERSEES THE SUBMISSION OF THE ANNUAL DISCLOSURES BY THE DIRECTORS, OFFICERS, TRUSTEES, AND KEY EMPLOYEES, REVIEWS THE DISCLOSURES TO DETERMINE WHETHER THERE ARE ANY CONFLICTS OF INTEREST, AND MONITORS OVERALL COMPLIANCE WITH THE POLICY. IF ANY ACTUAL OR POTENTIAL CONFLICT WERE TO ARISE, LEGAL COUNSEL WOULD WORK WITH THE BOARD TO FACILITATE THE FAIRNESS OF THE TRANSACTION, TO ENSURE THE RECUSAL OF ANY INTERESTED PARTIES FROM ANY DELIBERATIONS, AND OTHERWISE MONITOR COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROCESS FOR DETERMINING COMPENSATION THE DIRECTORS OF FAENA ARTS INC. VOLUNTEER THEIR SERVICES AND RECEIVE NO COMPENSATION FROM FAENA ARTS INC. ALL FAENA ARTS INC OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE SALARY CHANGES ARE APPROVED BY THE BOARD. THE BOARD PERIODICALLY REVIEWS WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. WHEN CONDUCTING REVIEWS, THE ORGANIZATION MAY, BUT NO NEED TO, USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC FAENA ARTS INC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTORS - PROGRAM RELATED: PROGRAM SERVICE EXPENSES 287,870. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 287,870. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 75,521. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,521.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0104159
IRS990/TotalAssetsEOYAmt0923793
IRS990/TotalAssetsGrp/BOYAmt0104159
IRS990/TotalAssetsGrp/EOYAmt0923793
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01364663
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09975
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0199494
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0363391
IRS990/TotalFunctionalExpensesGrp/TotalAmt0572860
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0218875
IRS990/TotalLiabilitiesEOYAmt0246706
IRS990/TotalLiabilitiesGrp/BOYAmt0218875
IRS990/TotalLiabilitiesGrp/EOYAmt0246706
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-114716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0677087
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0363391
IRS990/TotalReportableCompFromOrgAmt042987
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01364663
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0104159
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0923793
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt041738
IRS990/TravelGrp/TotalAmt041738
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03201 COLLINS AVE
IRS990/USAddress/CityNm0MIAMI BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033140
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.FAENAART.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE COMOTTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum02128679630
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAENA ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0FAEN
ReturnHeader/Filer/EIN0471636322
ReturnHeader/Filer/PhoneNum03059044058
ReturnHeader/Filer/USAddress/AddressLine1Txt03201 COLLINS AVE
ReturnHeader/Filer/USAddress/CityNm0MIAMI BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033140
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132907212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRENDEL BROWN & WEISSMAN LLP CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0655 THIRD AVE - SUITE 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02128679630
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY KATZEN
ReturnHeader/ReturnTs02022-11-04T15:03:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICOLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COMOTTI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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