Civic Intelligence

Interart Forum Inc.

990 • Fiscal year 2021 • EIN 87-1502968

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileN/A
9 East 62nd StreetNew York, NY 10065

(212) 223-8291

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.00x

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

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets21st percentile

Assets

$690,000

No earlier filing loaded for comparison.

Net Assets

$690,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin100th percentile

Revenue

$690,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$690,000

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$800K$600K$400K$200K$0Assets 2021: $690,000Liabilities 2021: $0Net Assets 2021: $690,0002021Assets 2022: $690,000Liabilities 2022: $0Net Assets 2022: $690,0002022Assets 2023: $692,206Liabilities 2023: $0Net Assets 2023: $692,2062023Assets 2024: $690,608Liabilities 2024: $0Net Assets 2024: $690,6082024

Highlighted filing

2021

Assets$690,000
Liabilities$0
Net Assets$690,000
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $690,000Expenses 2021: $0Net Income 2021: $690,0002021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $24,366Expenses 2023: $22,160Net Income 2023: $2,2062023Revenue 2024: $33,485Expenses 2024: $35,868Net Income 2024: -$2,3832024

Highlighted filing

2021

Revenue$690,000
Expenses$0
Net Income$690,000
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$690,000
Mission and Program Overview

Mission

To make a meaningful contribution to social cohesion by encouraging an appreciation of the positive and valuable contribution of art and religion from all cultures to local and global communities.

The interart forum's goal is to make a meaningful contribution to social cohesion by encouraging an appreciation of the positive and valuable contribution of art and religion from all cultures to local and global communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Assets Total$0$690,000▲ $690,000
Total Assets$0$690,000▲ $690,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$690,000▲ $690,000
Total Net Assets Fund Balance$0$690,000▲ $690,000
Total Liabilities and Net Assets / Fund Balance$0$690,000▲ $690,000

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$690,000--
Compensation and Service Providers
Top Officer Pay48th percentile

Board Members and Trustees

NameTitle
Louis M PerlmanPresident
Robert a AronovDirector
Sung Won KimDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$690,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$690,000
Change in Net Assets
$690,000

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art30$690,000Appraisal
Total Noncash Contributions30$690,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

“The organization is in the start-up phase and has not held any meetings to date.”

Form 990, Part VI, Section A, Line 8B

“The organization is in the start-up phase and has not held any meetings to date.”

Form 990, Part VI, Section B, Line 11B

“The organization is in the start-up phase and plans to provide a copy of the form 990 to all members of its governing body prior to filing.”

Form 990, Part VI, Section C, Line 18

“The organization is in the start-up phase and is in the process of determining the procedure that will be used to make its forms 990 available to the public.”

Form 990, Part VI, Section C, Line 19

“The organization is in the start-up phase and is in the process of determining the procedure that will be used to make its governing documents, conflict of interest policy, and financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Interart Forum Inc
EIN
87-1502968
Phone
2122238291
Address
9 EAST 62ND STREET, NEW YORK, NY 10065

Signing Officer

Name
Louis M Perlman
Title
President of the Corporation
Phone
2122238291
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis M Perlman
Formed
2021
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Beers Hamerman Cohen & Burger Pc
Address
ONE POST ROAD, FAIRFIELD, CT 06824-6241
Preparer
Francis Broderick
Phone
2033332228
Raw XML Appendix266 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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IRS990/GrantAmt00
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IRS990/GrossReceiptsAmt0690000
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IRS990/NoncashContributionsAmt0690000
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IRS990/OperateHospitalInd00
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT OF THE CORPORATION
ReturnHeader/BusinessOfficerGrp/PhoneNum02122238291
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCIS BRODERICK
ReturnHeader/ReturnTs02022-11-15T14:27:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LOUIS
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$690,000
Liabilities
$0
Net assets
$690,000
Revenue
$690,000
Expenses
$0
Net income
$690,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.91$0.00$6.91$0.33$0.36$0.02
2023Detailed filing. Detailed filing data is available for this year.$6.92$0.00$6.92$0.24$0.22$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$0.00$6.90$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$6.90$0.00$6.90$6.90$0.00$6.90