Civic Intelligence

Sato Lectures Ltd.

990EZ • Fiscal year 2023 • EIN 83-4147708

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 02, 2024

85 Round Hill RoadRoslyn Heights, NY 11577

(516) 621-4499

Siviq Scores

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

Liabilities / Assets

96th percentile

2.96x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

0.57x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$24,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Asset Growth

7th percentile

-67%

Faster asset growth than 7% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$23,112

Down $88,143 (-79%) from 2021

Net Assets

Down

-$45,258

Down $79,889 (-231%) from 2021

Liabilities

Down

$68,370

Down $8,254 (-11%) from 2021

Revenue

Up

$120,067

Up $901 (+0.8%) from 2021

Expenses

Up

$158,986

Up $67,655 (+74%) from 2021

Net Income

Down

-$38,919

Down $66,754 (-240%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2019: $87,695Liabilities 2019: $78,622Net Assets 2019: $9,0732019Assets 2020: $81,624Liabilities 2020: $74,828Net Assets 2020: $6,7962020Assets 2021: $111,255Liabilities 2021: $76,624Net Assets 2021: $34,6312021Assets 2023: $23,112Liabilities 2023: $68,370Net Assets 2023: -$45,2582023Assets 2024: $73,085Liabilities 2024: $39,718Net Assets 2024: $33,3672024

Highlighted filing

2023

Assets$23,112
Liabilities$68,370
Net Assets-$45,258

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2019: $87,545Expenses 2019: $78,472Net Income 2019: $9,0732019Revenue 2020: $66,920Expenses 2020: $69,197Net Income 2020: -$2,2772020Revenue 2021: $119,166Expenses 2021: $91,331Net Income 2021: $27,8352021Revenue 2023: $120,067Expenses 2023: $158,986Net Income 2023: -$38,9192023Revenue 2024: $145,388Expenses 2024: $66,763Net Income 2024: $78,6252024

Highlighted filing

2023

Revenue$120,067
Expenses$158,986
Net Income-$38,919
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 2, 2024
Return Version
2023v5.1
Gross Receipts
$120,067
Mission and Program Overview

Mission

The Frick Estate Lectures is a high-quality, year-round program of lectures presented in collaboration with and for the benefit of the Nassau County Museum of Art, located in Roslyn on Long Island, New York. The non-credit courses cover art, history, literature, philosophy, music and current affairs - broadly defined as the cultural and liberal arts - rather than vocational or how-to subjects. The program is designed to offer participants fulfillment through a rich and diverse learning experience.

Program Services

DescriptionGrantsExpenses
The Nassau County Museum of Art at One Museum Drive, Roslyn Harbor, NY, is situated on 145 acres and occupies an elegant Georgian mansion. The venue abounds with unique experiences that only a museum of true grandeur could offer, including formal gardens, outdoor sculpture park, arboretum, rolling lawns, meadows, and ponds. Every change of season reinvents the atmosphere, culminating in a spectacular celebration of nature itself. In addition, The Frick Estate Lectures are now being offered here, providing life-long learners with a highly sought-after educational opportunity which is unique to this program.-$105,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Kay SatoExecutive DirectorPT$24,000-$24,000
Roger S ClinePresidentPT$0--
Susan ShenkerSecretaryPT$0--
Barbara AdelhardtTrusteePT$0--
George HaralampoudisTrusteePT$0--
Anne StokvisTrusteePT$0--
Robert RiedyTrusteePT$0--
Spencer RumseyTrusteePT$0--
Anita TrostTrusteePT$0--
Dede ClineTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
Sato Lectures LTD
EIN
83-4147708
Phone
5166214499
Address
85 Round Hill Road, Roslyn Heights, NY 11577

Signing Officer

Name
Roger S Cline
Title
President
Signed
2024-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Nawrocki Smith LLP
Address
100 Motor Parkway Suite 580, Hauppauge, NY 11788
Preparer
Ernest Patrick Smith CPA
Phone
6317569500
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2250

Other Expenses.1002

Office Expenses $4508

Other Expenses.1009

Depreciation $398

Other Expenses.1012

Insurance $2786

Other Expenses.1

Independent Contractors $85883

Other Expenses.2

Catalogue Expense $26752

Other Expenses.3

Bank Charges $1479

Other Expenses.4

Website $1253

Other Expenses.5

Dues & Subscriptions $1122

Other Expenses.6

Telephone $920

Other Expenses.8

NYS Filing Fee $50

Other Assets.1003

Machinery and Equipment - Beginning $596 Machinery and Equipment - Ending $198

Total Liabilities.1

Credit Card Payable - Beginning $765 Credit Card Payable - Ending $1034

Total Liabilities.2

Endowment Fund Reserve - Beginning $5130 Endowment Fund Reserve - Ending $0

Total Liabilities.3

Payroll Tax Payable - Beginning $1384 Payroll Tax Payable - Ending $1384

Total Liabilities.4

- Beginning $0 - Ending $0

Total Liabilities.5

Working Capital Loan - Beginning $27619 Working Capital Loan - Ending $0

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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sato Lectures LTD
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0The Frick Estate Lectures
ReturnHeader/Filer/BusinessNameControlTxt0SATO
ReturnHeader/Filer/EIN0834147708
ReturnHeader/Filer/PhoneNum05166214499
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ReturnHeader/ReturnTs02024-08-02T08:23:14-07:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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