Civic Intelligence

Floating Museum Nfp

990EZ • Fiscal year 2019 • EIN 81-3014324

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

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

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

5th percentile

-75%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

49%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$7,402

Down $22,568 (-75%) from 2018

Net Assets

Down

$7,402

Down $22,568 (-75%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$124,723

Up $40,748 (+49%) from 2018

Expenses

Up

$147,291

Up $82,039 (+126%) from 2018

Net Income

Down

-$22,568

Down $41,291 (-221%) from 2018

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

2019

Assets$7,402
Liabilities$0
Net Assets$7,402

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

2019

Revenue$124,723
Expenses$147,291
Net Income-$22,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 15, 2020
Return Version
2019v5.1
Gross Receipts
$124,723
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.$110,255$56,638
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
2020-05-15

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

Pt VI, Line 11B

990 submitted to each by email

Pt VI, Line 12C

Discussions were held at the annual meeting

Form 990EZ, Part I, Line 16

Exhibitions/Program 61638.

Form 990EZ, Part I, Line 16

Travel and Meetings 8964.

Form 990EZ, Part I, Line 16

Supplies 19861.

Form 990EZ, Part I, Line 16

Business Registration Fees 200.

Form 990EZ, Part I, Line 16

Bank Service Charges 73.

Form 990EZ, Part I, Line 16

Insurance 2379.

Form 990EZ, Part I, Line 16

Interest Expense 8.

Form 990EZ, Part I, Line 16

Website 3488.

Form 990EZ, Part I, Line 16

Office Equipment 3958.

Raw XML Appendix167 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/PersonNm0Faheem Majeed
IRS990EZ/BooksInCareOfDetail/PhoneNum03124986298
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07208 S Merrill Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060649
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029970
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029970
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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/PersonNm0Faheem Majeed
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeremiah Hulsebos-Spofford
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Andrew Schachman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0100569
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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/PrintingPublicationsPostageAmt065
IRS990EZ/ProgramServiceRevenueAmt05370
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/GrantsAndAllocationsAmt0110255
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056638
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0147291
IRS990EZ/TotalProgramServiceExpensesAmt056638
IRS990EZ/TotalRevenueAmt0124723
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0124223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt083975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0251172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0493242
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0493242
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0124223
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt083975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0251172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033872
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0493242
IRS990ScheduleA/TotalSupportAmt0493242
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 submitted to each by email
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Discussions were held at the annual meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Exhibitions/Program 61638.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel and Meetings 8964.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies 19861.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Business Registration Fees 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Service Charges 73.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Insurance 2379.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Interest Expense 8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Website 3488.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Office Equipment 3958.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Faheem Majeed
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03124986298
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-15
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
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId064776FE1F3EA2C82F1F74317DB462BC50C75AAA6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId064776FE1F3EA2C82F1F74317DB462BC50C75AAA6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.19.93.0
ReturnHeader/FilingSecurityInformation/IPDt02020-07-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm015:05:43
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/ReturnTs02020-07-15T15:05:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings