Civic Intelligence

First Artist Foundation Inc

990EZ • Fiscal year 2023 • EIN 47-4190837

Jun 01, 2022 to May 31, 2023 • Filed on Jun 29, 2023

Organization ProfileN/A
100 North Point Ctr Este 125 256Alpharetta, GA 30022

(404) 961-7170

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

16th percentile

-26%

Higher net margin than 16% 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

17th percentile

-31%

Faster asset growth than 17% of similar nonprofits.

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

Revenue Growth

44th percentile

-0.1%

Faster revenue growth than 44% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$49,868

Down $22,229 (-31%) from 2022

Net Assets

Down

$49,868

Down $22,229 (-31%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin16th percentile

Revenue

Down

$84,500

Down $50 (-0.1%) from 2022

Expenses

Up

$106,729

Up $73,557 (+222%) from 2022

Net Income

Down

-$22,229

Down $73,607 (-143%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$200K$150K$100K$50K$0Assets 2016: $10,022Liabilities 2016: $0Net Assets 2016: $10,0222016Assets 2017: $49,008Net Assets 2017: $49,0082017Assets 2018: $89,443Liabilities 2018: $2,266Net Assets 2018: $87,1772018Assets 2019: $169,101Liabilities 2019: $02019Assets 2020: $170,719Liabilities 2020: $02020Assets 2021: $20,719Liabilities 2021: $02021Assets 2022: $72,097Net Assets 2022: $72,0972022Assets 2023: $49,868Net Assets 2023: $49,8682023Assets 2024: $19,780Net Assets 2024: $19,7802024Assets 2025: $19,614Net Assets 2025: $19,6142025

Highlighted filing

2023

Assets$49,868
Liabilities-
Net Assets$49,868
Open 2023 Filing

Operations Trend

Revenue Growth44th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $300,100Expenses 2016: $290,078Net Income 2016: $10,0222016Revenue 2017: $100,006Expenses 2017: $61,020Net Income 2017: $38,9862017Revenue 2018: $160,010Expenses 2018: $121,841Net Income 2018: $38,1692018Revenue 2019: $150,001Expenses 2019: $68,077Net Income 2019: $81,9242019Revenue 2020: $1,670Expenses 2020: $52Net Income 2020: $1,6182020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $84,550Expenses 2022: $33,172Net Income 2022: $51,3782022Revenue 2023: $84,500Expenses 2023: $106,729Net Income 2023: -$22,2292023Revenue 2024: $3,693Expenses 2024: $33,781Net Income 2024: -$30,0882024Expenses 2025: $1652025

Highlighted filing

2023

Revenue$84,500
Expenses$106,729
Net Income-$22,229
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Jun 29, 2023
Return Version
2022v5.0
Gross Receipts
$84,500
Mission and Program Overview

Mission

Empower emerging artists accross the creative economy to make a sustainable living through their art by delivering them knowledge, opportunities, and grants to develop their creative projects.

Program Services

DescriptionGrantsExpenses
DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.-$106,704
DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KYLE PHILLIPBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Gyre Foundation Inc
EIN
47-4190837
Phone
4049617170
Address
100 NORTH POINT CTR ESTE 125 256, ALPHARETTA, GA 30022

Signing Officer

Name
Kyle Phillip
Title
Board Member
Phone
8778295500
Signed
2023-06-29
Discuss with paid preparer
Yes

Preparer

Firm
Agl CPA Group LLC
Address
1870 BUFORD HIGHWAY STE 100, DULUTH, GA 30097
Preparer
James P Leutenegger CPA
Phone
7706222982
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expenses 13,716 travel 422 bank service charge 25 total 14,163”

Form 990-ez, Part III

“Empower emerging artists accross the creative economy to make a sustainable living through their art by delivering them knowledge, opportunities, and grants to develop their creative projects.”

Form 990-ez, Part III, Line 31

“Delivering knowledge of opportunities and grants to artists.”

Raw XML Appendix120 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/PersonNm0KYLE PHILLIP
IRS990EZ/BooksInCareOfDetail/PhoneNum04049617170
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01050 CROWNE POINTE PARKWAY STE 950
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030338
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt072097
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049868
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt084500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-22229
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt092566
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt072097
IRS990EZ/Form990TotalAssetsGrp/EOYAmt049868
IRS990EZ/GrossReceiptsAmt084500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt072097
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049868
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt072097
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049868
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KYLE PHILLIP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014163
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EMPOWER EMERGING ARTISTS ACCROSS THE CREATIVE ECONOMY TO MAKE A SUSTAINABLE LIVING THROUGH THEIR ART BY DELIVERING THEM KNOWLEDGE, OPPORTUNITIES, AND GRANTS TO DEVELOP THEIR CREATIVE PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0106704
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0106729
IRS990EZ/TotalProgramServiceExpensesAmt0106704
IRS990EZ/TotalRevenueAmt084500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt084500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt084550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01670
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0320720
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0320720
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt084500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt084550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/Total509Grp/TotalAmt0320720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt084500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt084550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0320720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 13,716 TRAVEL 422 BANK SERVICE CHARGE 25 TOTAL 14,163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPOWER EMERGING ARTISTS ACCROSS THE CREATIVE ECONOMY TO MAKE A SUSTAINABLE LIVING THROUGH THEIR ART BY DELIVERING THEM KNOWLEDGE, OPPORTUNITIES, AND GRANTS TO DEVELOP THEIR CREATIVE PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KYLE PHILLIP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum08778295500
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GYRE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GYRE
ReturnHeader/Filer/EIN0474190837
ReturnHeader/Filer/PhoneNum04049617170
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 NORTH POINT CTR ESTE 125 256
ReturnHeader/Filer/USAddress/CityNm0ALPHARETTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030022
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471077462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AGL CPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01870 BUFORD HIGHWAY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030097
ReturnHeader/PreparerPersonGrp/PhoneNum07706222982
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES P LEUTENEGGER CPA
ReturnHeader/ReturnTs02023-10-09T10:09:35-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KYLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PHILLIP
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

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
$49,868
Liabilities
-
Net assets
$49,868
Revenue
$84,500
Expenses
$106,729
Net income
-$22,229
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.04$0.34$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.85$1.07$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.72$0.72$0.85$0.33$0.51
2021Summary only. Only limited summary data is available for this year.$0.21$0.00$0.00$0.00$0.00
2020Summary only. Only limited summary data is available for this year.$1.71$0.00$0.02$0.00$0.02
2019Summary only. Only limited summary data is available for this year.$1.69$0.00$1.50$0.68$0.82
2018Detailed filing. Detailed filing data is available for this year.$0.89$0.02$0.87$1.60$1.22$0.38
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.49$1.00$0.61$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$3.00$2.90$0.10