Civic Intelligence

Vga Foundation

990EZ • Fiscal year 2021 • EIN 47-2092466

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 08, 2022

Organization Profilewww.vgagallery.org
73 Monroe StChicago, IL 60603

(312) 620-3852

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

86th percentile

49%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

79th percentile

47%

Faster asset growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-65%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$32,793

Up $10,447 (+47%) from 2020

Net Assets

$32,106

No earlier filing loaded for comparison.

Liabilities

Up

$687

Up $571 (+492%) from 2020

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin86th percentile

Revenue

Down

$20,332

Down $37,312 (-65%) from 2020

Expenses

Down

$10,457

Down $67,059 (-87%) from 2020

Net Income

Up

$9,875

Up $29,747 (+150%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$40K$30K$20K$10K$0Assets 2015: $5,367Liabilities 2015: $02015Assets 2016: $11,347Liabilities 2016: $02016Assets 2020: $22,346Liabilities 2020: $1162020Assets 2021: $32,793Liabilities 2021: $687Net Assets 2021: $32,1062021

Highlighted filing

2021

Assets$32,793
Liabilities$687
Net Assets$32,106
Open 2021 Filing

Operations Trend

Revenue Growth12th percentile

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

$100K$50K$0-$50KRevenue 2015: $7,393Expenses 2015: $2,026Net Income 2015: $5,3672015Revenue 2016: $13,171Expenses 2016: $3,425Net Income 2016: $9,7462016Revenue 2020: $57,644Expenses 2020: $77,516Net Income 2020: -$19,8722020Revenue 2021: $20,332Expenses 2021: $10,457Net Income 2021: $9,8752021

Highlighted filing

2021

Revenue$20,332
Expenses$10,457
Net Income$9,875
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 8, 2022
Return Version
2020v4.0
Gross Receipts
$20,332
Mission and Program Overview

Mission

Video Game Art Education

Program Services

DescriptionGrantsExpenses
Video Game Art - Increases the cultural appreciation and education about video games as a medium through exhibition, study, and sale$5,687-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tony SarkeesPresident-$0--
Jen RhodesVice President-$0--
Michael ReedTreasurer-$0--
Chaz EvansDirector-$0--
Brice PulsDirector-$0--
Tiffany FunkDirector-$0--
Elanor SchichtelDirector-$0--
Rob LachDirector-$0--
Jamie SanchezDirector-$0--
Peter McDonaldDirector-$0--
Derrick FieldsDirector-$0--
Chris TottenDirector-$0--
Filing and Contact Details

Filer

Filer Name
VGA Foundation
EIN
47-2092466
Phone
3126203852
Address
73 Monroe St, Chicago, IL 60603

Signing Officer

Name
Michael Reed
Title
Treasurer
Signed
2022-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
564 W RANDOLPH STREET SUITE 200, CHICAGO, IL 60661
Preparer
Abdullah Khan CPA
Phone
3129985500
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Fabrications Costs $2337”

Other Expenses.2

“Dues & Subscriptions $1049”

Other Expenses.3

“Bank Fees $421”

Other Expenses.4

“Supplies & Materials $119”

Other Expenses.5

“Licenses & Fees $110”

Other Expenses.6

“Contributions $101”

Other Assets.1005

“Accounts Receivable - Beginning $6000 Accounts Receivable - Ending $6000”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $116 Accounts Payable and Accrued Expenses - Ending $687”

Raw XML Appendix201 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tony Sarkees
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michael Reed
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chaz Evans
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Brice Puls
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Tiffany Funk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Elanor Schichtel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Rob Lach
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Jamie Sanchez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Peter McDonald
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Derrick Fields
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Chris Totten
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06000
IRS990EZ/OtherExpensesTotalAmt04137
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramServiceRevenueAmt07332
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05687
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.vgagallery.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Schedule A was not completed in the past. Schedule A will be completed starting with 2020 and going forward. Prior year amounts have been populated.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Additional Supplemental Information
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013000
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt085369
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt067493
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ExplanationTxt0Fabrications Costs $2337
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues & Subscriptions $1049
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Fees $421
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies & Materials $119
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Licenses & Fees $110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Contributions $101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable - Beginning $6000 Accounts Receivable - Ending $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $116 Accounts Payable and Accrued Expenses - Ending $687
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Reed
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VGA Foundation
ReturnHeader/Filer/BusinessNameControlTxt0VGAF
ReturnHeader/Filer/EIN0472092466
ReturnHeader/Filer/PhoneNum03126203852
ReturnHeader/Filer/USAddress/AddressLine1Txt073 Monroe St
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060603
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474152589
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0IL NFP AUDIT AND TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0564 W RANDOLPH STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060661
ReturnHeader/PreparerPersonGrp/PhoneNum03129985500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Abdullah Khan CPA
ReturnHeader/ReturnTs02022-02-08T16:24:32-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Reed
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,793
Liabilities
$687
Net assets
$32,106
Revenue
$20,332
Expenses
$10,457
Net income
$9,875
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$32.8$0.69$32.1$20.3$10.5$9.88
2020Summary only. Only limited summary data is available for this year.$22.3$0.12$57.6$77.5$19.9
2016Summary only. Only limited summary data is available for this year.$11.3$0.00$13.2$3.43$9.75
2015Summary only. Only limited summary data is available for this year.$5.37$0.00$7.39$2.03$5.37