Civic Intelligence

Modest Fly Art Studio Gallery Inc

990EZ • Fiscal year 2019 • EIN 82-4575919

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 15, 2021

10055 Commerce AveTujunga, CA 91042

(818) 331-4780

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

47th percentile

1.9%

Higher net margin than 47% 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

99th percentile

1472%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

99th percentile

1494%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Up

$2,107

Up $1,973 (+1472%) from 2018

Net Assets

Up

$2,107

Up $1,973 (+1472%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$110,852

Up $103,897 (+1494%) from 2018

Expenses

Up

$108,745

Up $101,924 (+1494%) from 2018

Net Income

Up

$2,107

Up $1,973 (+1472%) from 2018

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2018: $134Liabilities 2018: $0Net Assets 2018: $1342018Assets 2019: $2,107Liabilities 2019: $0Net Assets 2019: $2,1072019Assets 2021: $234Liabilities 2021: $10,447Net Assets 2021: -$10,2132021Assets 2022: $12,667Liabilities 2022: $21,624Net Assets 2022: -$8,9572022Assets 2023: $2,785Liabilities 2023: $14,861Net Assets 2023: -$12,0762023Assets 2024: $0Liabilities 2024: $34,978Net Assets 2024: -$34,9782024

Highlighted filing

2019

Assets$2,107
Liabilities$0
Net Assets$2,107

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $6,955Expenses 2018: $6,821Net Income 2018: $1342018Revenue 2019: $110,852Expenses 2019: $108,745Net Income 2019: $2,1072019Revenue 2021: $99,227Expenses 2021: $114,895Net Income 2021: -$15,6682021Revenue 2022: $162,668Expenses 2022: $161,412Net Income 2022: $1,2562022Revenue 2023: $199,279Expenses 2023: $202,398Net Income 2023: -$3,1192023Revenue 2024: $166,851Expenses 2024: $189,753Net Income 2024: -$22,9022024

Highlighted filing

2019

Revenue$110,852
Expenses$108,745
Net Income$2,107
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 15, 2021
Return Version
2019v5.1
Gross Receipts
$110,852
Mission and Program Overview

Mission

Promotion and Access to the Arts

Program Services

DescriptionGrantsExpenses
See Schedule O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
IREN TSATURYANCEOFT$0--
Filing and Contact Details

Filer

Filer Name
Modest Fly Art Studio Gallery Inc
EIN
82-4575919
Address
10055 COMMERCE AVE, Tujunga, CA 91042

Signing Officer

Name
Iren Tsaturyan
Title
CEO
Phone
8183314780
Signed
2021-03-15
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountADVERTISING AND PROMOTION 1,420ART SUPPLIES AND MATERIALS 14,939AUTOMOBILE EXPENSE 1,739BANK SERVICE CHARGES 138CONTINUING EDUCATION 144CREDIT CARD PAYMENTS 217EQUIPMENT RENTAL 2,220INSURANCE EXPENSE 727LICENSE AND PERMITS 189MEALS AND ENTERTAINMENT 5,575MEMBERSHIP AND SUBSCRIPTIONS 48MERCHANT FEES 1,693OFFICE SUPPLIES 4,031OUTSIDE SERVICES 46,778PARKING EXPENSE 38PRINTING EXPENSE 1,964RENT EXPENSE 12,150SECURITY EXPENSE 228SHIPPING AND DELIVERY 12SUPPLIES 7,990TAXES 76TRAVEL EXPENSE 164UNIFORMS 2,047UTILITIES 4,218

Other program services Part III line 31

Form 990-EZ, Part III, Line 28 - Statement of Program Service AccomplishmentsOur mission is to inspire creative thinking, advance artistic abilities and streghthen our inner and outer communities by sharing our love of art. At Modest Fly Studio Gallery we are dedicated to promoting and advancing individuals through visual arts. We are a collective of artists who teach through an ongoing series of art classes, gallery shows, creative workshops and outreach programs. We believe that art is a healing power and that art programs help individuals, their communities and societies at large. We advocate for creative development and facilitate the use of art as a restorative tool for all ages, young and old. We empower these such artists and share our voice and knowledge with them to make the world a better place one stroke at a time.

Raw XML Appendix87 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountADVERTISING AND PROMOTION 1,420ART SUPPLIES AND MATERIALS 14,939AUTOMOBILE EXPENSE 1,739BANK SERVICE CHARGES 138CONTINUING EDUCATION 144CREDIT CARD PAYMENTS 217EQUIPMENT RENTAL 2,220INSURANCE EXPENSE 727LICENSE AND PERMITS 189MEALS AND ENTERTAINMENT 5,575MEMBERSHIP AND SUBSCRIPTIONS 48MERCHANT FEES 1,693OFFICE SUPPLIES 4,031OUTSIDE SERVICES 46,778PARKING EXPENSE 38PRINTING EXPENSE 1,964RENT EXPENSE 12,150SECURITY EXPENSE 228SHIPPING AND DELIVERY 12SUPPLIES 7,990TAXES 76TRAVEL EXPENSE 164UNIFORMS 2,047UTILITIES 4,218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990-EZ, Part III, Line 28 - Statement of Program Service AccomplishmentsOur mission is to inspire creative thinking, advance artistic abilities and streghthen our inner and outer communities by sharing our love of art. At Modest Fly Studio Gallery we are dedicated to promoting and advancing individuals through visual arts. We are a collective of artists who teach through an ongoing series of art classes, gallery shows, creative workshops and outreach programs. We believe that art is a healing power and that art programs help individuals, their communities and societies at large. We advocate for creative development and facilitate the use of art as a restorative tool for all ages, young and old. We empower these such artists and share our voice and knowledge with them to make the world a better place one stroke at a time.
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ReturnHeader/Filer/BusinessNameControlTxt0MODE
ReturnHeader/Filer/EIN0824575919
ReturnHeader/Filer/USAddress/AddressLine1Txt010055 COMMERCE AVE
ReturnHeader/Filer/USAddress/CityNm0Tujunga
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091042
ReturnHeader/ReturnTs02021-03-15T10:44:41-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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