Civic Intelligence

Muse Art Foundation Inc.

990EZ • Fiscal year 2022 • EIN 87-1802173

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 20, 2023

30 Beverly RoadArlington, MA 02474

(212) 889-0575

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

10954%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

83rd percentile

96%

Faster revenue growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$16,802

Up $16,650 (+10954%) from 2021

Net Assets

Up

$16,802

Up $16,650 (+10954%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$20,000

Up $9,800 (+96%) from 2021

Expenses

Down

$3,350

Down $6,698 (-67%) from 2021

Net Income

Up

$16,650

Up $16,498 (+10854%) from 2021

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2021: $152Liabilities 2021: $0Net Assets 2021: $1522021Assets 2022: $16,802Liabilities 2022: $0Net Assets 2022: $16,8022022Assets 2023: $14,302Liabilities 2023: $0Net Assets 2023: $14,3022023Assets 2024: $12,257Liabilities 2024: $0Net Assets 2024: $12,2572024

Highlighted filing

2022

Assets$16,802
Liabilities$0
Net Assets$16,802

Operations Trend

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

$20K$10K$0-$10KRevenue 2021: $10,200Expenses 2021: $10,048Net Income 2021: $1522021Revenue 2022: $20,000Expenses 2022: $3,350Net Income 2022: $16,6502022Revenue 2023: $0Expenses 2023: $2,500Net Income 2023: -$2,5002023Revenue 2024: $0Expenses 2024: $2,045Net Income 2024: -$2,0452024

Highlighted filing

2022

Revenue$20,000
Expenses$3,350
Net Income$16,650
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 20, 2023
Return Version
2022v5.0
Gross Receipts
$20,000
Mission and Program Overview

Mission

Muse art foundation inc. (hereinafter the foundation) has been formed to enhance the arts by supporting artists worldwide in the fields of music, dance, opera and the visual arts. The foundation aims to be a source of inspiration for those who do not have the resources or the connections to work on the art for which they have a proven talent. The foundation will attempt to support performing artists such as classical music instrumentalists, conductors, lyric singers, classical and contemporary dancers and behind the curtain artists such as choreographers, composers, stage directors, lighting designers, costume designers as well as artists who paint and sculpt or create other visual art.

Program Services

DescriptionGrantsExpenses
MUSE ART FOUNDATION INC. (HEREINAFTER THE FOUNDATION) HAS BEEN FORMED TO ENHANCE THE ARTS BY SUPPORTING ARTISTS WORLDWIDE IN THE FIELDS OF MUSIC, DANCE, OPERA AND THE VISUAL ARTS. THE FOUNDATION AIMS TO BE A SOURCE OF INSPIRATION FOR THOSE WHO DO NOT HAVE THE RESOURCES OR THE CONNECTIONS TO WORK ON THE ART FOR WHICH THEY HAVE A PROVEN TALENT. THE FOUNDATION WILL ATTEMPT TO SUPPORT PERFORMING ARTISTS SUCH AS CLASSICAL MUSIC INSTRUMENTALISTS, CONDUCTORS, LYRIC SINGERS, CLASSICAL AND CONTEMPORARY DANCERS AND BEHIND THE CURTAIN ARTISTS SUCH AS CHOREOGRAPHERS, COMPOSERS, STAGE DIRECTORS, LIGHTING DESIGNERS, COSTUME DESIGNERS AS WELL AS ARTISTS WHO PAINT AND SCULPT OR CREATE OTHER VISUAL ART.$0$3,236
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VONY SARFATIPresident/Secretary/DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Muse Art Foundation Inc
EIN
87-1802173
Phone
2128890575
Address
30 BEVERLY ROAD, ARLINGTON, MA 02474

Signing Officer

Name
Vony Sarfati
Title
President
Phone
2128890575
Signed
2023-06-20
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
50 ROCKEFELLER PLAZA, NEW YORK, NY 10020
Preparer
Marvin Bader
Phone
2126971000
Supplemental Narrative

Additional Explanations

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

Description: bank fee. Amount: 114. Description: legal fees. Amount: 90. Total to form 990-ez, line 16: 204.

Raw XML Appendix127 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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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.
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