Civic Intelligence

Forecast Foundation

EIN 61-2075377 • 501(c)3 • Los Angeles, CA

Pub. 78 Eligible990-N CoverageNTEE A20

Profile

Artists Development includes individual support, one on one coaching, mentorship, workshops, residencies, portfolio development, and peer review feedback. Production support in the form of equipment and materials, a podcast introducing two artists a month, gallery space or locations, a Residency program including performances and installations, including snack food at photo shoots for example. Public events are advertised on social media to invite them to celebrate the Artists work. We were involved with The City of Venice at the Art Crawl in the Abbott Exhibition Gallery showing our Artists work on December 7, 2023. Promotions are announced as Open Calls to engage our own Artist members and also to work with us on ongoing opportunities.

1324 W 59 StLos Angeles, CA 90044
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

NTEE A20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.00x

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

NTEE A20 • <$500k nonprofits • Source year 2023

Net Margin

40th percentile

0.8%

Higher net margin than 40% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A20 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$381

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$381

No earlier filing loaded for comparison.

Revenue

$48,000

No earlier filing loaded for comparison.

Expenses

$47,619

No earlier filing loaded for comparison.

Net Income

$381

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$400$300$200$100$0Assets 2023: $381Liabilities 2023: $0Net Assets 2023: $3812023

Highlighted filing

2023

Assets$381
Liabilities$0
Net Assets$381

Operations Trend

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

$60K$40K$20K$0Revenue 2023: $48,000Expenses 2023: $47,619Net Income 2023: $3812023

Highlighted filing

2023

Revenue$48,000
Expenses$47,619
Net Income$381

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$48.0$47.6$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 14, 2024
Return Version
2023v5.0
Gross Receipts
$48,000
Mission and Program Overview

Mission

Artists Development includes individual support, one on one coaching, mentorship, workshops, residencies, portfolio development, and peer review feedback. Production support in the form of equipment and materials, a podcast introducing two artists a month, gallery space or locations, a Residency program including performances and installations, including snack food at photo shoots for example. Public events are advertised on social media to invite them to celebrate the Artists work. We were involved with The City of Venice at the Art Crawl in the Abbott Exhibition Gallery showing our Artists work on December 7, 2023. Promotions are announced as Open Calls to engage our own Artist members and also to work with us on ongoing opportunities.

Program Services

DescriptionGrantsExpenses
28. "Atmosphere" publication magazine printed for the Artists and the public. 80 plus artist in the issue. Art Exhibition of artist work, public display of over 300 attendees on November 11, 2023. Cost of Program$0$23,435
"Artists Residency" Open Call for artists for 30 photo shoots and editorial provided including performances and Installations. 80 plus artists.$0$5,357
"Venice Art Crawl", City of Commerce, Venice California, The Abbott Gallery on December 7, 2023. The gallery space was for performance artists and art installations. Venice Art Crawl invited Forecast Foundation to introduce artists to the public. Over 500 visitors.$0$2,624
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LaurenPresidentPT$0--
CarmellaSecretaryPT$0--
ArjunTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser-volunteers creating website$20,000$0$0$0
Total Events$20,000$0$0$0
Filing and Contact Details

Filer

Filer Name
Forecast Foundation
EIN
61-2075377
Phone
7604032273
Address
1324 W 59 St, Los Angeles, CA 90044

Signing Officer

Name
Carmella Amar
Title
Secretary
Phone
7604032273
Signed
2024-09-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Creation of Website by volunteers who received no compensation pursuant to IRC 513(1).

Form 990-EZ, Part I, Line 16

Description;Amount^Banking;356|Advertising;929|Meeting;2365|Telephone;730|Online software;10109|Equipment rental;2132|Film Lab;844|Accounting;707|Photo Film;1408|Printing service;6441^Total;26021^

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Creation of Website by volunteers who received no compensation pursuant to IRC 513(1).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Banking;356|Advertising;929|Meeting;2365|Telephone;730|Online software;10109|Equipment rental;2132|Film Lab;844|Accounting;707|Photo Film;1408|Printing service;6441^Total;26021^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0A timely 8868 extension was filed on behalf Forecast Foundation April 7, 2024.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Carmella Amar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum07604032273
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-14
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ReturnHeader/Filer/EIN0612075377
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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