Civic Intelligence

Frieze Art Inc.

990EZ • Fiscal year 2023 • EIN 80-0747722

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 06, 2024

Organization ProfileN/A
247 Centre Street 5th FloorNew York, NY 10013

(212) 463-7488

Siviq Scores

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

Liabilities / Assets

94th percentile

1.56x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • 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

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

Asset Growth

74th percentile

41%

Faster asset growth than 74% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$38,463

Up $11,222 (+41%) from 2022

Net Assets

Down

-$21,600

Down $5,593 (-35%) from 2022

Liabilities

Up

$60,063

Up $16,815 (+39%) from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$4,773

Up $813 (+21%) from 2022

Net Income

Down

-$4,773

Down $813 (-21%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$300K$200K$100K$0-$100KAssets 2011: $0Liabilities 2011: $22,3652011Assets 2012: $140,057Liabilities 2012: $69,653Net Assets 2012: $70,4042012Assets 2013: $120,456Liabilities 2013: $72,860Net Assets 2013: $47,5962013Assets 2014: $215,966Liabilities 2014: $150,774Net Assets 2014: $65,1922014Assets 2015: $66,820Liabilities 2015: $27,404Net Assets 2015: $39,4162015Assets 2016: $33,060Liabilities 2016: $51,016Net Assets 2016: -$17,9562016Assets 2017: $11,685Liabilities 2017: $3,948Net Assets 2017: $7,7372017Assets 2018: $11,431Liabilities 2018: $16,803Net Assets 2018: -$5,3722018Assets 2019: $57,471Liabilities 2019: $63,444Net Assets 2019: -$5,9732019Assets 2020: $5,661Liabilities 2020: $16,101Net Assets 2020: -$10,4402020Assets 2021: $30,302Liabilities 2021: $44,190Net Assets 2021: -$13,8882021Assets 2022: $27,241Liabilities 2022: $43,248Net Assets 2022: -$16,0072022Assets 2023: $38,463Liabilities 2023: $60,063Net Assets 2023: -$21,6002023Assets 2024: $32,533Liabilities 2024: $55,571Net Assets 2024: -$23,0382024

Highlighted filing

2023

Assets$38,463
Liabilities$60,063
Net Assets-$21,600
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2011: $0Expenses 2011: $22,365Net Income 2011: -$22,3652011Expenses 2012: $316,9422012Revenue 2013: $318,429Expenses 2013: $341,237Net Income 2013: -$22,8082013Revenue 2014: $279,523Expenses 2014: $261,927Net Income 2014: $17,5962014Revenue 2015: $330,691Expenses 2015: $356,467Net Income 2015: -$25,7762015Revenue 2016: $294,476Expenses 2016: $351,848Net Income 2016: -$57,3722016Revenue 2017: $313,400Expenses 2017: $287,707Net Income 2017: $25,6932017Revenue 2018: $150,122Expenses 2018: $163,610Net Income 2018: -$13,4882018Revenue 2019: $100,000Expenses 2019: $100,000Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $3,859Net Income 2020: -$3,8592020Revenue 2021: $0Expenses 2021: $3,628Net Income 2021: -$3,6282021Revenue 2022: $0Expenses 2022: $3,960Net Income 2022: -$3,9602022Revenue 2023: $0Expenses 2023: $4,773Net Income 2023: -$4,7732023Revenue 2024: $7,665Expenses 2024: $9,358Net Income 2024: -$1,6932024

Highlighted filing

2023

Revenue$0
Expenses$4,773
Net Income-$4,773
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

Foster public appreciation for contemporary arts.

Program Services

DescriptionGrantsExpenses
UNDER NORMAL CIRCUMSTANCES, THE ORGANIZATION CONDUCTS THE FRIEZE EDUCATION PROGRAM, WHICH IS A YEAR-ROUND COMMITMENT EXTENDING TO ART SPACES THROUGHOUT NEW YORK CITY AND BRINGS TOGETHER HIGH SCHOOL STUDENTS FROM THE NEW YORK CITY AREA FOR REGULAR ACTIVITIES. AT THE FOREFRONT OF THIS PROGRAM IS "FRIEZE TEENS", WHICH INTRODUCES PARTICIPANTS TO PROFESSIONALS IN DIFFERENT AREAS OF CONTEMPORARY ART, ENCOURAGING UNDERSTANDING OF THE FIELD'S DIVERSITY-AND THE MANY PATHWAYS INTO IT-FROM THOSE WHO KNOW IT FIRST HAND. THE FRIEZE EDUCATION PROGRAM IS SPONSORED BY THE DEUTSCHE BANK FOUNDATION.HOWEVER, DURING 2022 THE ORGANIZATION WAS UNABLE TO CONDUCT ANY OF ITS PROGRAMS.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW SLOTOVERPresident/Director-$0--
AMANDA SHARPDirector-$0--
MARK SHAPIROTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Frieze Art Inc
EIN
80-0747722
Phone
2124637488
Address
247 CENTRE STREET 5TH FLOOR, NEW YORK, NY 10013

Signing Officer

Name
Matthew Slotover
Title
Director
Phone
2124637488
Signed
2024-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Ball Baker Leake LLC
Address
122 E 42 STREET 810, NEW YORK, NY 10168
Preparer
Nicholas Tarrant CPA
Phone
2126611630
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office expense. Amount: 407.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: unrealized currency gain (loss). Amount: -820.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: other liabilities. Beg. Of year amount: 43,248. End of year amount: 60,063.”

Raw XML Appendix130 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRIEZE ART INC
IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt01 SURREY STREET
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CityNm0LONDON
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd0UK
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd0WC2R2ND
IRS990EZ/BooksInCareOfDetail/PhoneNum02033726111
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027241
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038463
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-4773
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04366
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027241
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038463
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-16007
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-21600
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-16007
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-21600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW SLOTOVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AMANDA SHARP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK SHAPIRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0-820
IRS990EZ/OtherExpensesTotalAmt0407
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FOSTER PUBLIC APPRECIATION FOR CONTEMPORARY ARTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0UNDER NORMAL CIRCUMSTANCES, THE ORGANIZATION CONDUCTS THE FRIEZE EDUCATION PROGRAM, WHICH IS A YEAR-ROUND COMMITMENT EXTENDING TO ART SPACES THROUGHOUT NEW YORK CITY AND BRINGS TOGETHER HIGH SCHOOL STUDENTS FROM THE NEW YORK CITY AREA FOR REGULAR ACTIVITIES. AT THE FOREFRONT OF THIS PROGRAM IS "FRIEZE TEENS", WHICH INTRODUCES PARTICIPANTS TO PROFESSIONALS IN DIFFERENT AREAS OF CONTEMPORARY ART, ENCOURAGING UNDERSTANDING OF THE FIELD'S DIVERSITY-AND THE MANY PATHWAYS INTO IT-FROM THOSE WHO KNOW IT FIRST HAND. THE FRIEZE EDUCATION PROGRAM IS SPONSORED BY THE DEUTSCHE BANK FOUNDATION.HOWEVER, DURING 2022 THE ORGANIZATION WAS UNABLE TO CONDUCT ANY OF ITS PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt043248
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt060063
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04773
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0100000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100000
IRS990ScheduleA/TotalSupportAmt0100000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSE. AMOUNT: 407.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: UNREALIZED CURRENCY GAIN (LOSS). AMOUNT: -820.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 43,248. END OF YEAR AMOUNT: 60,063.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW SLOTOVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02124637488
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIEZE ART INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0800747722
ReturnHeader/Filer/PhoneNum02124637488
ReturnHeader/Filer/USAddress/AddressLine1Txt0247 CENTRE STREET 5TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010013
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141845945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALL BAKER LEAKE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0122 E 42 STREET 810
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010168
ReturnHeader/PreparerPersonGrp/PhoneNum02126611630
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICHOLAS TARRANT CPA
ReturnHeader/ReturnTs02024-11-14T07:36:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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
$38,463
Liabilities
$60,063
Net assets
-$21,600
Revenue
$0
Expenses
$4,773
Net income
-$4,773
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.33$0.56$0.23$0.08$0.09$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.60$0.22$0.00$0.05$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.43$0.16$0.00$0.04$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.44$0.14$0.00$0.04$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.16$0.10$0.00$0.04$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.63$0.06$1.00$1.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.17$0.05$1.50$1.64$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.04$0.08$3.13$2.88$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.51$0.18$2.94$3.52$0.57
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.27$0.39$3.31$3.56$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.16$1.51$0.65$2.80$2.62$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.20$0.73$0.48$3.18$3.41$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.70$0.70$3.17
2011Summary only. Only limited summary data is available for this year.$0.00$0.22$0.00$0.22$0.22