Civic Intelligence

Niki Charitable Art Foundation

990PF • Fiscal year 2017 • EIN 47-6245971

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 15, 2018

2357 Westview TrailPark City, UT 84098

(619) 596-0100

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • $25M-$50M nonprofits • Source year 2017

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

2017 filings • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$75,066

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2017 filings • $25M-$50M nonprofits • Source year 2017

Asset Growth

36th percentile

1.7%

Faster asset growth than 36% of similar nonprofits.

2017 filings • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

58%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$35,573,179

Up $604,450 (+1.7%) from 2015

Net Assets

$35,573,179

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$1,405,368

Up $630,282 (+81%) from 2015

Expenses

Down

$809,719

Down $33,852 (-4.0%) from 2015

Net Income

Up

$595,649

Up $664,134 (+970%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $29,987,625Liabilities 2011: $0Net Assets 2011: $29,987,6252011Assets 2012: $31,215,378Liabilities 2012: $100,0002012Assets 2013: $32,806,726Liabilities 2013: $02013Assets 2014: $35,037,214Liabilities 2014: $02014Assets 2015: $34,968,729Liabilities 2015: $02015Assets 2017: $35,573,179Liabilities 2017: $0Net Assets 2017: $35,573,1792017Assets 2018: $35,506,185Liabilities 2018: $0Net Assets 2018: $35,506,1852018Assets 2019: $35,271,322Liabilities 2019: $15,0002019Assets 2020: $35,581,605Liabilities 2020: $0Net Assets 2020: $35,581,6052020Assets 2021: $36,058,795Liabilities 2021: $0Net Assets 2021: $36,058,7952021Assets 2022: $36,905,415Liabilities 2022: $0Net Assets 2022: $36,905,4152022Assets 2023: $36,657,575Liabilities 2023: $12023Assets 2024: $37,421,751Liabilities 2024: $0Net Assets 2024: $37,421,7512024

Highlighted filing

2017

Assets$35,573,179
Liabilities$0
Net Assets$35,573,179

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $432,8042011Revenue 2012: $2,002,287Expenses 2012: $874,534Net Income 2012: $1,127,7532012Revenue 2013: $2,524,696Expenses 2013: $833,348Net Income 2013: $1,691,3482013Revenue 2014: $3,177,940Expenses 2014: $947,452Net Income 2014: $2,230,4882014Revenue 2015: $775,086Expenses 2015: $843,571Net Income 2015: -$68,4852015Revenue 2017: $1,405,368Expenses 2017: $809,719Net Income 2017: $595,6492017Revenue 2018: $710,791Expenses 2018: $777,785Net Income 2018: -$66,9942018Revenue 2019: $602,193Expenses 2019: $852,056Net Income 2019: -$249,8632019Revenue 2020: $1,271,319Expenses 2020: $946,036Net Income 2020: $325,2832020Revenue 2021: $1,233,627Expenses 2021: $756,437Net Income 2021: $477,1902021Revenue 2022: $1,629,697Expenses 2022: $783,077Net Income 2022: $846,6202022Revenue 2023: $569,604Expenses 2023: $817,444Net Income 2023: -$247,8402023Revenue 2024: $1,692,999Expenses 2024: $928,823Net Income 2024: $764,1762024

Highlighted filing

2017

Revenue$1,405,368
Expenses$809,719
Net Income$595,649
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 15, 2018
Return Version
2017v2.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BLOUM CARDENASTrusteePT$50,000$25,066$75,066
MARCELO ZITELLITrusteePT$50,000$18,819$68,819
DAVID STEVENSONTrusteePT$50,000$8,166$58,166
Filing and Contact Details

Filer

Filer Name
Niki Charitable Art Foundation
EIN
47-6245971
Phone
6195960100
Address
2357 Westview Trail, Park City, UT 84098

Signing Officer

Name
David Stevenson
Title
Trustee
Signed
2018-06-15
Raw XML AppendixShowing 400 of 590 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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AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt00
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0ACCOUNTING FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt00
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AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Amt079276
AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Desc0PURCHASES OF ADDITIONAL ARTWORK BY NIKI DE SAINT PHALLE.
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DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc09920 Prospect Ave - Bldg
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc1Bldg improvements
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc2Carpet/tiles
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc3Kitchen cabinets/new gate
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc4Toilets/sinks
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0General Explanation Supplemental Information for Form 990-PF
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1General Explanation Supplemental Information for Form 990-PF
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc2General Explanation Supplemental Information for Form 990-PF
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0FORM 990PFPART VII-ALINE 11 DETAILS AND SCHEDULEThe foundation received 100% of the voting stock of Noah's Art Inc. on May 1, 2004. The stock was transferred to the foundation via gift at death by Niki De Saint Phalle. The value of Noah's Art Inc.'s stock is not included in the minimum investment return calculation because Noah's Art Inc. is a functionally related business as defined in Section 4942(j)(4). Section 53.4942(a)-2(c)(3)(ii)(d) excludes interests in a 'functionally related business' from the minimum investment return of a private foundation. The foundation has been formed to educate and promote art in general. More specifically the foundation is responsible for the perseveration, restoration, display, presentation and interpretation of the Niki De Saint Phalle art collection.Noah's Art, Inc. holds the artwork of Niki De Saint Phalle, maintains the artwork and loans the artwork out for display rent free. Thus, Noah's Art Inc. by, "carrying on activities which are carried on within a larger aggregate of similar services or within a larger complex of other endeavors which is related to the charitable, educational, or similar exempt purpose of the organization" meets the definition of a functionally related business as defined in Section 4942(j)(4).
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt1990PF, PART II, LINE 14STATEMENT 14 DESCRIPTION: VARIOUS LAND & BUILDING COMPONENTS, SEE DEPRECIATION SCHEDULE
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt2IRC SECTION 6033(H) REPORTING REQUIREMENTPART VII-A, ADDITIONAL DETAILSDETAILS OF FUND TRANSFERS BETWEEN THE NIKI CHARITABLE ART FOUNDATION AND CONTROLLED ENTITY:The Niki Charitable Art Foundation is the 100% owner of the corporation, Noah's Art, Inc. In 2017, the Niki Charitable Art Foundation invested a total of $68,447 into Noah's Art, Inc.Noah's Art, Inc.EIN 33-06638692357 Westview TrailPark City, UT 84098
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0BLOUM CARDENAS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1MARCELO ZITELLI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2DAVID STEVENSON
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt12357 WESTVIEW TRAIL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0SAN FRANCISCO
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1PARK CITY
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IRS990PF/PrivateOperatingFoundationsGrp/PrivateOperatingFndtnRulingDt02002-11-27
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IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt01565562
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt0641201
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt06020
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt0930381
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt01571582
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt011B
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt111C
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt211D
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0Artwork Exhibition Fees: The foundation holds artwork of Niki De Saint Phalle, maintains the artwork and loans the artwork out for display. The artwork exhibition fees assist the foundation with covering some of the overhead costs and required artwork maintenance incurred when the artwork is sent out for display.
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt1Gain on Sale of Artwork: The foundation has been formed to educate and promote art in general, which includes loaning the artwork it owns out for display. Therefore the foundation's artwork meets the definition of property used for it's exempt purpose and the gain from the sale is exempted from the Internal Revenue Code Section 4940 tax pursuant to Treasury Regulations Section 53.4940-(f)(1).
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt2K-1: NOAH'S ART, INC.: Noah's Art, Inc. holds artwork of Niki De Saint Phalle, maintains the artwork and loans the artwork out for display. Thus, Noah's Art, Inc. "carries on activities which are carried on within a larger aggregate of similar services or within a larger complex of other endeavors which is related to the charitable, educational, or similar exempt purpose of the organization" and meets the definition of a functionally related business as defined in Section 4942(j)(4). The foundation has been formed to educate and promote art in general, which is held by Noah's Art, Inc.
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt02357 Westview Trail
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0PARK CITY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0UT
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd084098
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0true
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0DAVID W STEVENSON
IRS990PF/StatementsRegardingActyGrp/PhoneNum07608076727
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0true
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0true
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0www.nikidesaintphalle.org
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE PURPOSE OF THE FOUNDATION IS TO PROVIDE FOR THE PRESERVATION, RESTORATION, DISPLAY, PRESENTATION, AND INTERPRETATION OF THE NIKI DE SAINT PHALLE COLLECTION AND THE CYCLOPS IN PARIS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0634340
IRS990PF/SumOfProgramRelatedInvstGrp/AllOtherProgramRltdInvstTotAmt079276
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0PURCHASE OF "LE COUPLE A L'OISEAU" SCULPTURE BY NIKI DE SAINT PHALLE.
IRS990PF/SumOfProgramRelatedInvstGrp/Description2Txt0PURCHASE OF "BLACK DANCER" SCULPTURE BY NIKI DE SAINT PHALLE.
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses1Amt0450000
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses2Amt0401105

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