Civic Intelligence

Floating Museum Nfp

990EZ • Fiscal year 2016 • EIN 81-3014324

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 11, 2017

7208 S MerrillChicago, IL 60649

(312) 498-6298

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

92nd percentile

50%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$16,789

No earlier filing loaded for comparison.

Net Assets

$16,789

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$33,872

No earlier filing loaded for comparison.

Expenses

$17,083

No earlier filing loaded for comparison.

Net Income

$16,789

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $16,789Liabilities 2016: $0Net Assets 2016: $16,7892016Assets 2017: $11,247Liabilities 2017: $0Net Assets 2017: $11,2472017Assets 2018: $29,970Liabilities 2018: $0Net Assets 2018: $29,9702018Assets 2019: $7,402Liabilities 2019: $0Net Assets 2019: $7,4022019Assets 2020: $77,534Liabilities 2020: $0Net Assets 2020: $77,5342020Assets 2022: $529,061Liabilities 2022: $137,024Net Assets 2022: $392,0372022Assets 2023: $3,046,539Liabilities 2023: $121,644Net Assets 2023: $2,924,8952023Assets 2024: $3,206,695Liabilities 2024: $362,956Net Assets 2024: $2,843,7392024

Highlighted filing

2016

Assets$16,789
Liabilities$0
Net Assets$16,789

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $33,872Expenses 2016: $17,083Net Income 2016: $16,7892016Revenue 2017: $251,172Expenses 2017: $256,713Net Income 2017: -$5,5412017Revenue 2018: $83,975Expenses 2018: $65,252Net Income 2018: $18,7232018Revenue 2019: $124,723Expenses 2019: $147,291Net Income 2019: -$22,5682019Revenue 2020: $117,551Expenses 2020: $47,419Net Income 2020: $70,1322020Revenue 2022: $467,822Expenses 2022: $219,728Net Income 2022: $248,0942022Revenue 2023: $3,001,674Expenses 2023: $446,446Net Income 2023: $2,555,2282023Revenue 2024: $1,064,056Expenses 2024: $1,145,212Net Income 2024: -$81,1562024

Highlighted filing

2016

Revenue$33,872
Expenses$17,083
Net Income$16,789
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 11, 2017
Return Version
2016v3.0
Gross Receipts
$33,872
Mission and Program Overview

Mission

The Floating Museum is organized exclusively for charitable, scientifc, religious or education purposes In furtherance thereof, the objects of the corporation are to promote public appreciation for the artsy by constructing and operating one or more floating museums or other mobile platforms for delivering art and culture to non traditional and underserved groups and locations; providing transportable exhibition, performance workshop space that can be sued by diverse neighborhoods and communities

Program Services

DescriptionGrantsExpenses
To promote public appreciation for the arts by (i) constructing and operating one or more floating museums or other mobile platforms for delivering art and culture to non-tradtiional and underserved groups and locations; (ii) providing transportable exhibition, performance and workshop space that can be used by diverse neighborhoods and communities for the purpose of cultural exchange and education, and (iii) integrating art, architecture and public institutions in innovative models for making art more accessible, interactive and collaborative.$20,000$38,805
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FAHEEM MAJEEDExecutive DirectorFT$0--
JEREMIAH HULSEBOS-SPOFFORDDirectorFT$0--
ANDREW SCHACHMANDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Floating Museum NFP
EIN
81-3014324
Phone
3124986298
Address
7208 S Merrill, Chicago, IL 60649

Signing Officer

Name
Faheem Majeed
Title
Executive Director
Phone
3124986298
Signed
2017-11-11

Preparer

Firm
Tyler Bookkeeping and Management Svcs Inc
Address
511 MANISTEE AVE, CALUMET CITY, IL 60409
Preparer
Lynna Tyler
Phone
7088601201
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Project Materials 6849.

Form 990EZ, Part I, Line 16

Storage 147.

Form 990EZ, Part I, Line 16

Travel and Meetings 414.

Form 990EZ, Part I, Line 16

Supplies 70.

Form 990EZ, Part I, Line 16

Disposal 168.

Form 990EZ, Part I, Line 16

Bank Service Charges 45.

Raw XML Appendix136 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060649
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016789
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IRS990EZ/OtherExpensesTotalAmt07693
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Floating Museum is organized exclusively for charitable, scientifc, religious or education purposes In furtherance thereof, the objects of the corporation are to promote public appreciation for the artsy by constructing and operating one or more floating museums or other mobile platforms for delivering art and culture to non traditional and underserved groups and locations; providing transportable exhibition, performance workshop space that can be sued by diverse neighborhoods and communities
IRS990EZ/PrintingPublicationsPostageAmt090
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To promote public appreciation for the arts by (i) constructing and operating one or more floating museums or other mobile platforms for delivering art and culture to non-tradtiional and underserved groups and locations; (ii) providing transportable exhibition, performance and workshop space that can be used by diverse neighborhoods and communities for the purpose of cultural exchange and education, and (iii) integrating art, architecture and public institutions in innovative models for making art more accessible, interactive and collaborative.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038805
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalExpensesAmt017083
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IRS990EZ/TotalRevenueAmt033872
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt033872
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033872
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt033872
IRS990ScheduleA/TotalSupportAmt033872
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Project Materials 6849.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Storage 147.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel and Meetings 414.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 70.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Disposal 168.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Service Charges 45.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0FAHEEM MAJEED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03124986298
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Floating Museum NFP
ReturnHeader/Filer/BusinessNameControlTxt0FLOA
ReturnHeader/Filer/EIN0813014324
ReturnHeader/Filer/PhoneNum03124986298
ReturnHeader/Filer/USAddress/AddressLine1Txt07208 S Merrill
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060649
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.19.93.0
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm019:51:44
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TYLER BOOKKEEPING AND MANAGEMENT SVCS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0511 MANISTEE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CALUMET CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060409
ReturnHeader/PreparerPersonGrp/PhoneNum07088601201
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNNA TYLER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-15T19:51:49-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings