Civic Intelligence

Blank Forms Inc.

990 • Fiscal year 2017 • EIN 81-1440050

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

Organization Profilewww.blankforms.org
468 Grand AveBrooklyn, NY 11238

(347) 463-6316

Siviq Scores

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

Liabilities / Assets

88th percentile

0.60x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.10x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Net Margin

20th percentile

-7.0%

Higher net margin than 20% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$69,844

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 26.8% of source-year revenue.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-2.0%

Faster asset growth than 41% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

56%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$41,484

Down $827 (-2.0%) from 2016

Net Assets

$16,560

No earlier filing loaded for comparison.

Liabilities

Up

$24,924

Up $17,330 (+228%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin20th percentile

Revenue

Up

$260,311

Up $93,577 (+56%) from 2016

Expenses

Up

$278,468

Up $146,451 (+111%) from 2016

Net Income

Down

-$18,157

Down $52,874 (-152%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$1.5M$1.0M$500K$0Assets 2016: $42,311Liabilities 2016: $7,5942016Assets 2017: $41,484Liabilities 2017: $24,924Net Assets 2017: $16,5602017Assets 2018: $124,748Liabilities 2018: $47,828Net Assets 2018: $76,9202018Assets 2019: $222,873Liabilities 2019: $99,965Net Assets 2019: $122,9082019Assets 2020: $963,620Liabilities 2020: $420,312Net Assets 2020: $543,3082020Assets 2021: $731,285Liabilities 2021: $215,231Net Assets 2021: $516,0542021Assets 2022: $671,568Liabilities 2022: $310,495Net Assets 2022: $361,0732022Assets 2023: $1,396,627Liabilities 2023: $274,991Net Assets 2023: $1,121,6362023Assets 2024: $1,020,351Liabilities 2024: $241,495Net Assets 2024: $778,8562024

Highlighted filing

2017

Assets$41,484
Liabilities$24,924
Net Assets$16,560
Open 2017 Filing

Operations Trend

Revenue Growth82nd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $166,734Expenses 2016: $132,017Net Income 2016: $34,7172016Revenue 2017: $260,311Expenses 2017: $278,468Net Income 2017: -$18,1572017Revenue 2018: $539,723Expenses 2018: $479,363Net Income 2018: $60,3602018Revenue 2019: $556,524Expenses 2019: $509,967Net Income 2019: $46,5572019Revenue 2020: $1,189,633Expenses 2020: $768,498Net Income 2020: $421,1352020Revenue 2021: $819,547Expenses 2021: $847,239Net Income 2021: -$27,6922021Revenue 2022: $924,688Expenses 2022: $1,079,655Net Income 2022: -$154,9672022Revenue 2023: $1,843,738Expenses 2023: $1,082,463Net Income 2023: $761,2752023Revenue 2024: $813,495Expenses 2024: $1,155,900Net Income 2024: -$342,4052024

Highlighted filing

2017

Revenue$260,311
Expenses$278,468
Net Income-$18,157
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 15, 2018
Return Version
2017v2.2
Gross Receipts
$277,960
Mission and Program Overview

Mission

Blank Forms is a curatorial platform dedicated to the presentation and preservation of time-based performance practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$15,705-
Cash and Non-Interest-Bearing Accounts$39,985$12,034▼ $27,951
Land, Buildings, and Equipment, Net$1,990$5,667▲ $3,677
Prepaid Expenses and Deferred Charges$336$3,235▲ $2,899
Inventories for Sale or Use-$2,825-
Accounts Receivable-$2,018-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$42,311$41,484▼ $827
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,594$15,394▲ $7,800
Deferred Revenue-$9,530-
Total Liabilities$7,594$24,924▲ $17,330
Net Assets / Fund Balance
Unrestricted Net Assets$34,717$16,560▼ $18,157
Total Net Assets Fund Balance$34,717$16,560▼ $18,157
Total Liabilities and Net Assets / Fund Balance$42,311$41,484▼ $827

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,667$1,219$6,886
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lawrence KumpfArtistic DirectorFT$66,000$3,844$69,844

Board Members and Trustees

NameTitle
David GrubbsChairman
Robert LeeVice Chairman
Alexander LauDirector
Josiah McElhenyDirector
Marina RosenfeldDirector
Nadia BerensteinSecretary
Margo SummaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$163,813
Program Service Revenue
$83,025
Investment Income
$0
Other Revenue
$13,473
All Other Contributions
$133,528
Change in Net Assets
$-18,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,576
Salaries, Compensation, and Employee Benefits$99,892
Total Fundraising Expense$43,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$65,805$6,838$9,458$82,101
Current Officers, Directors, Trustees, and Key Employees$48,891$10,476$10,477$69,844
Travel$26,623$110-$26,733
Office Expenses$18,004$2,489$1,079$21,572
Other Salaries and Wages$2,917$2,917$15,000$20,834
Payroll Taxes$4,416$1,152$2,239$7,807
Advertising$6,473--$6,473
Fees for Services Legal$5,455--$5,455
Fees for Services Accounting$3,150$675$675$4,500
Occupancy$2,971$872-$3,843
Conferences and Meetings$3,161--$3,161
Insurance$1,164$249$249$1,662
Other Employee Benefits$822$209$376$1,407
Depreciation Depletion-$1,162-$1,162
Royalties$650--$650
Other Expenses$290$358$4,389$648
All Other Expenses-$271$48$319
Total Functional Expenses$204,024$30,454$43,990$278,468
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,880
Fundraising Gross Income$13,880
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit$37,065$13,880-$13,880
Total Events$37,065$13,880$13,880-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by management and provided to all trustees prior to submission.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The conflict of interest policy is reviewed at the annual board meeting with potential conflicts discussed.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board reviews the compensation of top management which is based on industry comparisons from similarly sized and structured organizations and industry compensation reports.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Blank Forms Inc
EIN
81-1440050
Phone
3474636316
Address
468 GRAND AVE, BROOKLYN, NY 11238

Signing Officer

Name
Lawrence Kumpf
Title
Artistic Director
Signed
2018-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Kumpf
Formed
2016
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
3
Volunteers
4

Preparer

Firm
Mary G Sormeley CPA
Address
560 Day Ave, Ridgefield, NJ 07657
Preparer
Mary G Sormeley
Phone
2018328922
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements.”

Raw XML AppendixShowing 400 of 486 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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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0209
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0822
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01407
IRS990/OtherExpensesGrp/Desc0Production & event costs
IRS990/OtherExpensesGrp/Desc1Dues and subscriptions
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/FundraisingAmt04389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02146
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1530
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2358
IRS990/OtherExpensesGrp/ProgramServicesAmt012802
IRS990/OtherExpensesGrp/ProgramServicesAmt1430
IRS990/OtherExpensesGrp/ProgramServicesAmt2290
IRS990/OtherExpensesGrp/TotalAmt017191
IRS990/OtherExpensesGrp/TotalAmt12146
IRS990/OtherExpensesGrp/TotalAmt2960
IRS990/OtherExpensesGrp/TotalAmt3648
IRS990/OtherRevenueMiscGrp/BusinessCd0711190
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Concession sales
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07004
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1127
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07004
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1127
IRS990/OtherRevenueTotalAmt07131
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02917
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02917
IRS990/OtherSalariesAndWagesGrp/TotalAmt020834
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02239
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01152
IRS990/PayrollTaxesGrp/ProgramServicesAmt04416
IRS990/PayrollTaxesGrp/TotalAmt07807
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015705
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0336
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03235
IRS990/PrincipalOfficerNm0Lawrence Kumpf
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/BusinessCd1711190
IRS990/ProgramServiceRevenueGrp/BusinessCd2711190
IRS990/ProgramServiceRevenueGrp/Desc0Admissions
IRS990/ProgramServiceRevenueGrp/Desc1Co-production income
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt050189
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125580
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt050189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125580
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27256
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0112378
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt024983
IRS990/PYProgramServiceRevenueAmt054356
IRS990/PYRevenuesLessExpensesAmt034717
IRS990/PYSalariesCompEmpBnftPaidAmt061608
IRS990/PYTotalExpensesAmt0132017
IRS990/PYTotalProfFndrsngExpnsAmt045426
IRS990/PYTotalRevenueAmt0166734
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-18157
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt083025
IRS990/RoyaltiesGrp/ProgramServicesAmt0650
IRS990/RoyaltiesGrp/TotalAmt0650
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0171069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0124454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0295523
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013472
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013472
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0118880
IRS990ScheduleA/SubstantialContributorsTotAmt0176643
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0171069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0124454
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0295523
IRS990ScheduleA/TotalSupportAmt0308995
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05667
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01219
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06886
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05667
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt023185
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt023185
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013880
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Benefit
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07030
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt037065
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037065
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013880
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt013880
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01850
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01850
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0NY
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by management and provided to all trustees prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The conflict of interest policy is reviewed at the annual board meeting with potential conflicts discussed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board reviews the compensation of top management which is based on industry comparisons from similarly sized and structured organizations and industry compensation reports.

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,484
Liabilities
$24,924
Net assets
$16,560
Revenue
$260,311
Expenses
$278,468
Net income
-$18,157
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.24$0.78$0.81$1.16$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.27$1.12$1.84$1.08$0.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.31$0.36$0.92$1.08$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.22$0.52$0.82$0.85$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.42$0.54$1.19$0.77$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.10$0.12$0.56$0.51$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.05$0.08$0.54$0.48$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.02$0.26$0.28$0.02
2016Summary only. Only limited summary data is available for this year.$0.04$0.01$0.17$0.13$0.03