Civic Intelligence

World Arts Foundation Inc

EIN 93-0830736 • 501(c)3 • Portland, OR

Profile

To promote african-american contributions to the american culture, and to support community education through the interface of arts and education in interactive, visual and performing media that showcases local and regional talent.

PO Box 12384Portland, OR 97212

www.worldartsfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

91st percentile

81%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$134,284

Up $60,073 (+81%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$134,284

Up $63,273 (+89%) from 2022

Revenue

Up

$193,276

Up $35,683 (+23%) from 2022

Expenses

Down

$130,003

Down $57,454 (-31%) from 2022

Net Income

Up

$63,273

Up $93,137 (+312%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2016: $17,478Liabilities 2016: $02016Assets 2017: $4,744Liabilities 2017: $02017Assets 2018: $16,262Net Assets 2018: $16,2622018Assets 2019: $29,063Net Assets 2019: $29,0632019Assets 2020: $42,254Net Assets 2020: $42,2542020Assets 2021: $104,074Net Assets 2021: $104,0742021Assets 2022: $74,211Liabilities 2022: $3,200Net Assets 2022: $71,0112022Assets 2023: $134,284Net Assets 2023: $134,2842023

Highlighted filing

2023

Assets$134,284
Liabilities-
Net Assets$134,284

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2016: $66,118Expenses 2016: $69,738Net Income 2016: -$3,6202016Revenue 2017: $50,451Expenses 2017: $63,186Net Income 2017: -$12,7352017Revenue 2018: $98,702Expenses 2018: $87,181Net Income 2018: $11,5212018Revenue 2019: $69,789Expenses 2019: $56,988Net Income 2019: $12,8012019Revenue 2020: $177,638Expenses 2020: $154,616Net Income 2020: $23,0222020Revenue 2021: $193,739Expenses 2021: $131,619Net Income 2021: $62,1202021Revenue 2022: $157,593Expenses 2022: $187,457Net Income 2022: -$29,8642022Revenue 2023: $193,276Expenses 2023: $130,003Net Income 2023: $63,2732023

Highlighted filing

2023

Revenue$193,276
Expenses$130,003
Net Income$63,273

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$193,276
Mission and Program Overview

Mission

To promote african-american contributions to the american culture, and to support community education through the interface of arts and education in interactive, visual and performing media that showcases local and regional talent.

Program Services

DescriptionGrantsExpenses
ESTABLISHED LINKS BETWEEN ARTIST AND THE COMMUNITY THAT PROVIDED INCREASED OPPORTUNITIES FOR ENHANCED KNOWLEDGE AND AWARENESS. WAF HELD THEIR 39TH ANNUAL "KEEP ALIVE THE DREAM" TRIBUTE TO REV. DR. MARTIN LUTHER KING, JR. IN ADDITION, WE CONTINUED PARTNERSHIPS WITH "RACE TALKS" A MONTHLY DIALOG ON RACE RELATIONS JOINTLY SPONSORED BY MCMENAMIN'S RESTAURANTS, "PORTLAND AFRICAN AMERICAN HERITAGE PROJECT", AND "URBAN WINGS AEROSPACE AND LEADERSHIP CLUB", A YOUTH DEVELOPMENT INITIATIVE JOINTLY SPONSORED BY GENESIS FELLOWSHIP CHURCH, PORTLAND.-$126,376
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL CHAPPIE GRICESecretary/Tr-$0--
GWEN THOMPSONPresident-$0--
SUNSHINE DIXONBoard Member-$0--
SHELIA SEARIGHTBoard Member-$0--
MICHAEL JONESBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
World Arts Foundation Inc
EIN
93-0830736
Phone
5038169001
Address
PO BOX 12384, PORTLAND, OR 97212

Signing Officer

Name
Michael Chappie Grice
Title
Secretary/treasurer
Phone
5038169001
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Richard R Harris CPA
Address
5257 NE MARTIN LUTHER KING, PORTLAND, OR 97211
Preparer
Rick Harris
Phone
5032802030
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & promotion 3,012 office & program expenses 6,085 -220 2,374 1,777 insurance 7 event expenses 26,174 outside services 83,901 memberships and dues 465 licenses and fees 200 total 123,775

Form 990-ez, Part I, Line 20

Prior period adjustment 0

Form 990-ez, Part II, Line 24

Office equipment 32,573 32,573 less accumulated depreciation 15,433 15,433 total 17,140 17,140

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,200 0

Form 990-ez, Part III

To promote african-american contributions to the american culture, and to support community education through the interface of arts and education in interactive, visual and performing media that showcases local and regional talent.

Form 990-ez, Part III, Line 28

Established links between artist and the community that provided increased opportunities for enhanced knowledge and awareness. Waf held their 39th annual "keep alive the dream" tribute to rev. Dr. Martin luther king, jr. In addition, we continued partnerships with "race talks" a monthly dialog on race relations jointly sponsored by mcmenamin's restaurants, "portland african american heritage project", and "urban wings aerospace and leadership club", a youth development initiative jointly sponsored by genesis fellowship church, portland.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROMOTE AFRICAN-AMERICAN CONTRIBUTIONS TO THE AMERICAN CULTURE, AND TO SUPPORT COMMUNITY EDUCATION THROUGH THE INTERFACE OF ARTS AND EDUCATION IN INTERACTIVE, VISUAL AND PERFORMING MEDIA THAT SHOWCASES LOCAL AND REGIONAL TALENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ESTABLISHED LINKS BETWEEN ARTIST AND THE COMMUNITY THAT PROVIDED INCREASED OPPORTUNITIES FOR ENHANCED KNOWLEDGE AND AWARENESS. WAF HELD THEIR 39TH ANNUAL "KEEP ALIVE THE DREAM" TRIBUTE TO REV. DR. MARTIN LUTHER KING, JR. IN ADDITION, WE CONTINUED PARTNERSHIPS WITH "RACE TALKS" A MONTHLY DIALOG ON RACE RELATIONS JOINTLY SPONSORED BY MCMENAMIN'S RESTAURANTS, "PORTLAND AFRICAN AMERICAN HERITAGE PROJECT", AND "URBAN WINGS AEROSPACE AND LEADERSHIP CLUB", A YOUTH DEVELOPMENT INITIATIVE JOINTLY SPONSORED BY GENESIS FELLOWSHIP CHURCH, PORTLAND.
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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