Civic Intelligence

Interart Forum Inc.

990 • Fiscal year 2022 • EIN 87-1502968

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

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

22nd percentile

0.00x

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

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Flat

$690,000

Flat from 2021

Net Assets

Flat

$690,000

Flat from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $690,000 (-100%) from 2021

Expenses

Flat

$0

Flat from 2021

Net Income

Down

$0

Down $690,000 (-100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

2022

Assets$690,000
Liabilities$0
Net Assets$690,000
Open 2022 Filing

Operations Trend

Revenue Growth1st percentile

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

2022

Revenue$0
Expenses$0
Net Income$0
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$0
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$690,000$690,000→ $0
Total Assets$690,000$690,000→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$690,000$690,000→ $0
Total Net Assets Fund Balance$690,000$690,000→ $0
Total Liabilities and Net Assets / Fund Balance$690,000$690,000→ $0

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$690,000--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
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 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
2023-11-09
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 Appendix253 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/GrantsToIndividualsInd00
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IRS990/GrossReceiptsAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT OF THE CORPORATION
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCIS BRODERICK
ReturnHeader/ReturnTs02023-11-14T16:38:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LOUIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PERLMAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$690,000
Liabilities
$0
Net assets
$690,000
Revenue
$0
Expenses
$0
Net income
$0
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