Civic Intelligence

Kinosaito Inc.

990EZ • Fiscal year 2020 • EIN 83-0674503

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

115 7th StreetVerplanck, NY 10596

(212) 925-3860

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.00x

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

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Net Margin

94th percentile

83%

Higher net margin than 94% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

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.

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

25%

Faster asset growth than 61% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-58%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$461,162

Up $93,096 (+25%) from 2019

Net Assets

Up

$461,162

Up $93,096 (+25%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$108,584

Down $147,570 (-58%) from 2019

Expenses

Up

$18,172

Up $9,488 (+109%) from 2019

Net Income

Down

$90,412

Down $157,058 (-63%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $120,596Liabilities 2018: $0Net Assets 2018: $120,5962018Assets 2019: $368,066Liabilities 2019: $0Net Assets 2019: $368,0662019Assets 2020: $461,162Liabilities 2020: $0Net Assets 2020: $461,1622020Assets 2021: $395,318Liabilities 2021: $0Net Assets 2021: $395,3182021Assets 2022: $125,847Liabilities 2022: $0Net Assets 2022: $125,8472022Assets 2023: $153,328Liabilities 2023: $0Net Assets 2023: $153,3282023Assets 2024: $172,591Liabilities 2024: $6,184Net Assets 2024: $166,4072024

Highlighted filing

2020

Assets$461,162
Liabilities$0
Net Assets$461,162

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $126,711Expenses 2018: $6,115Net Income 2018: $120,5962018Revenue 2019: $256,154Expenses 2019: $8,684Net Income 2019: $247,4702019Revenue 2020: $108,584Expenses 2020: $18,172Net Income 2020: $90,4122020Revenue 2021: $104,318Expenses 2021: $206,128Net Income 2021: -$101,8102021Revenue 2022: $298,470Expenses 2022: $415,606Net Income 2022: -$117,1362022Revenue 2023: $421,080Expenses 2023: $393,599Net Income 2023: $27,4812023Revenue 2024: $429,627Expenses 2024: $416,548Net Income 2024: $13,0792024

Highlighted filing

2020

Revenue$108,584
Expenses$18,172
Net Income$90,412
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$108,584
Mission and Program Overview

Mission

Kinosaito is organized and operated exclusively for charitable and/or educational purposes; no part of the net earnings of kinosaito inures to the benefit of any private individual, no substantial part of the activities of kinosaito is carrying on propaganda or otherwise attempting to influence legislation, and kinosaito does not participate in or intervene in political campaigns on behalf of or in opposition to any candidate for public office.

Kinosaito's exempt purpose is to develop the interest of the american public in the fine arts and other performance arts.

Program Services

DescriptionGrantsExpenses
KINOSAITO WAS FORMED TO ESTABLISH AN ORGANIZATION TO CREATE AN ARTIST CENTER AND COLONY WHERE ARTISTS CAN COM E AND PROMOTE ART IN ALL OF ITS FAVETS AND TO SHARE THE LOVE OF ART WITH THE PUBLIC. IT HONORS THE LEGACY OF THE ARTIST KIKUO SAITO AND HIS UNIQUE VISION AND EXTENDS HIS PRACTICE OF ENGAGED AND COLLABORATIVE ARTISTRY INTO THE SURROUNDING COMMUNITY.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKIKO INOPresident, Director, & ChairpersonPT$0--
SARAH STRAUSSTreasurer, DirectorPT$0--
JOSHUA COHENSecretary, DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Kinosaito Inc
EIN
83-0674503
Phone
2129253860
Address
115 7TH STREET, VERPLANCK, NY 10596

Signing Officer

Name
Mikiko Ino
Title
President
Phone
2129253860
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Prager Metis Cpas LLC
Address
14 PENN PLAZA SUITE 1800, NEW YORK, NY 10122
Preparer
Stephen Macaluso
Phone
2126430099
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest. Amount: 2,519.

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

Description: bank fees and charges. Amount: 225.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain on investment. Amount: 2,684.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from director/officers. Beg. Of year amount: 113,095. End of year amount: 0. Description: inventory. Beg. Of year amount: 0. End of year amount: 8,000.

Raw XML Appendix173 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/BusinessName/BusinessNameLine1Txt0PRAGER METIS CPAS LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum02126430099
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SARAH STRAUSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSHUA COHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, DIRECTOR, & CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY, DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt08000
IRS990EZ/OtherChangesInNetAssetsAmt02684
IRS990EZ/OtherExpensesTotalAmt0225
IRS990EZ/OtherRevenueTotalAmt02519
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0KINOSAITO'S EXEMPT PURPOSE IS TO DEVELOP THE INTEREST OF THE AMERICAN PUBLIC IN THE FINE ARTS AND OTHER PERFORMANCE ARTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KINOSAITO WAS FORMED TO ESTABLISH AN ORGANIZATION TO CREATE AN ARTIST CENTER AND COLONY WHERE ARTISTS CAN COM E AND PROMOTE ART IN ALL OF ITS FAVETS AND TO SHARE THE LOVE OF ART WITH THE PUBLIC. IT HONORS THE LEGACY OF THE ARTIST KIKUO SAITO AND HIS UNIQUE VISION AND EXTENDS HIS PRACTICE OF ENGAGED AND COLLABORATIVE ARTISTRY INTO THE SURROUNDING COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KINOSAITO.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0200000
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0KINSAITO INC WAS FORMED ON MAY 25, 2018. ACCORDINGLY, THE 2018 TAX YEAR WAS A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION:
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0464000
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0719
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04141
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02519
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04141
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt025992
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0172296
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IRS990ScheduleA/Total509Grp/TotalAmt0464000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0256154
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0494133
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 2,519.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES AND CHARGES. AMOUNT: 225.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNREALIZED GAIN ON INVESTMENT. AMOUNT: 2,684.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE FROM DIRECTOR/OFFICERS. BEG. OF YEAR AMOUNT: 113,095. END OF YEAR AMOUNT: 0. DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKIKO INO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02129253860
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KINOSAITO INC
ReturnHeader/Filer/BusinessNameControlTxt0KINO
ReturnHeader/Filer/EIN0830674503
ReturnHeader/Filer/PhoneNum02129253860
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 7TH STREET
ReturnHeader/Filer/USAddress/CityNm0VERPLANCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010596
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061667465
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRAGER METIS CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 PENN PLAZA SUITE 1800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010122
ReturnHeader/PreparerPersonGrp/PhoneNum02126430099
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN MACALUSO
ReturnHeader/ReturnTs02021-11-12T09:20:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKIKO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0INO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings