Civic Intelligence

Incube Arts Inc.

990EZ • Fiscal year 2023 • EIN 80-0924358

Feb 01, 2022 to Jan 31, 2023 • Filed on Aug 17, 2023

Organization ProfileINCUBE-ARTS.ORG
141 Frost Street 1LBrooklyn, NY 11211

(314) 719-6159

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

57th percentile

0.00x

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

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

2.4%

Faster asset growth than 49% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

0.0%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$6,070

Up $142 (+2.4%) from 2022

Net Assets

Up

$6,070

Up $142 (+2.4%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin98th percentile

Revenue

Flat

$150

Flat from 2022

Expenses

Down

$8

Down $260 (-97%) from 2022

Net Income

Up

$142

Up $260 (+220%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2014: $1,206Liabilities 2014: $0Net Assets 2014: $1,2062014Assets 2015: $2,128Liabilities 2015: $0Net Assets 2015: $2,1282015Assets 2016: $6,347Liabilities 2016: $0Net Assets 2016: $6,3472016Assets 2017: $5,152Liabilities 2017: $0Net Assets 2017: $5,1522017Assets 2018: $4,592Liabilities 2018: $0Net Assets 2018: $4,5922018Assets 2019: $5,754Liabilities 2019: $0Net Assets 2019: $5,7542019Assets 2020: $5,896Liabilities 2020: $0Net Assets 2020: $5,8962020Assets 2021: $6,046Liabilities 2021: $0Net Assets 2021: $6,0462021Assets 2022: $5,928Liabilities 2022: $0Net Assets 2022: $5,9282022Assets 2023: $6,070Liabilities 2023: $0Net Assets 2023: $6,0702023Assets 2025: $6,186Liabilities 2025: $0Net Assets 2025: $6,1862025

Highlighted filing

2023

Assets$6,070
Liabilities$0
Net Assets$6,070
Open 2023 Filing

Operations Trend

Revenue Growth48th percentile

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

$30K$20K$10K$0-$10KRevenue 2014: $13,825Expenses 2014: $12,619Net Income 2014: $1,2062014Revenue 2015: $1,710Expenses 2015: $788Net Income 2015: $9222015Revenue 2016: $27,204Expenses 2016: $22,985Net Income 2016: $4,2192016Revenue 2017: $20,200Expenses 2017: $21,395Net Income 2017: -$1,1952017Revenue 2018: $300Expenses 2018: $860Net Income 2018: -$5602018Revenue 2019: $18,050Expenses 2019: $16,888Net Income 2019: $1,1622019Revenue 2020: $323Expenses 2020: $181Net Income 2020: $1422020Revenue 2021: $1502021Revenue 2022: $150Expenses 2022: $268Net Income 2022: -$1182022Revenue 2023: $150Expenses 2023: $8Net Income 2023: $1422023Revenue 2025: $1502025

Highlighted filing

2023

Revenue$150
Expenses$8
Net Income$142
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2022 to Jan 31, 2023
Signed
Aug 17, 2023
Return Version
2022v5.0
Gross Receipts
$150
Mission and Program Overview

Mission

To foster inter-cultural exchange and creative expression of arts and educate the public on emerging artists.

Program Services

DescriptionGrantsExpenses
EXHIBITIONS - ORGANIZING EXHIBITIONS, ART FESTIVALS FOR VISITING ARTISTS AND CURATORS, AS WELL AS WORKSHOPS AND LECTURES.$0$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WEI-CHING CHENPresident & Executive DireFT$0--
LIH-HUEI LAITreasurerPT$0--
NUNG-HSIN HUSecretaryPT$0--
SP STIEVEN CHENDirectorPT$0--
JOSHUA BALGOSDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Incube Arts Inc
EIN
80-0924358
Phone
3147196159
Address
141 FROST STREET 1L, BROOKLYN, NY 11211

Signing Officer

Name
Wei-ching Chen
Title
President & Executive Director
Phone
3147196159
Signed
2023-08-17
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

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

“Description: bank fees. Amount: 8.”

Raw XML Appendix157 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WEI-CHING CHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LIH-HUEI LAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NUNG-HSIN HU
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSHUA BALGOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & EXECUTIVE DIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt08
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER INTER-CULTURAL EXCHANGE AND CREATIVE EXPRESSION OF ARTS AND EDUCATE THE PUBLIC ON EMERGING ARTISTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXHIBITIONS - ORGANIZING EXHIBITIONS, ART FESTIVALS FOR VISITING ARTISTS AND CURATORS, AS WELL AS WORKSHOPS AND LECTURES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0INCUBE-ARTS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0150
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018823
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03147196159
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-17
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ReturnHeader/Filer/EIN0800924358
ReturnHeader/Filer/PhoneNum03147196159
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
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ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02023-08-17T11:05:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WEI-CHING
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHEN
ReturnHeader/TaxPeriodBeginDt02022-02-01
ReturnHeader/TaxPeriodEndDt02023-01-31
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
$6,070
Liabilities
$0
Net assets
$6,070
Revenue
$150
Expenses
$8
Net income
$142
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.19$0.00$6.19$0.15
2023Detailed filing. Detailed filing data is available for this year.$6.07$0.00$6.07$0.15$0.01$0.14
2022Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$0.15$0.27$0.12
2021Detailed filing. Detailed filing data is available for this year.$6.05$0.00$6.05$0.15
2020Detailed filing. Detailed filing data is available for this year.$5.90$0.00$5.90$0.32$0.18$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.75$0.00$5.75$18.1$16.9$1.16
2018Detailed filing. Detailed filing data is available for this year.$4.59$0.00$4.59$0.30$0.86$0.56
2017Detailed filing. Detailed filing data is available for this year.$5.15$0.00$5.15$20.2$21.4$1.20
2016Detailed filing. Detailed filing data is available for this year.$6.35$0.00$6.35$27.2$23.0$4.22
2015Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$1.71$0.79$0.92
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$13.8$12.6$1.21