Civic Intelligence

World Arts Foundation Inc.

990EZ • Fiscal year 2019 • EIN 93-0830736

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

PO Box 12384Portland, OR 97212

(503) 816-9001

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

89th percentile

79%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-29%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$29,063

Up $12,801 (+79%) from 2018

Net Assets

Up

$29,063

Up $12,801 (+79%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$69,789

Down $28,913 (-29%) from 2018

Expenses

Down

$56,988

Down $30,193 (-35%) from 2018

Net Income

Up

$12,801

Up $1,280 (+11%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$29,063
Liabilities-
Net Assets$29,063

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$69,789
Expenses$56,988
Net Income$12,801
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$69,789
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 32ND ANNUAL "KEEP ALIVE THE DREAM" TRIBUTE TO REV. DR. MARTIN LUTHER KING, JR. IN ADDITION, THEY 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.-$53,675
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH BERRYSecretary /TPT$0--
MICHAEL CHAPPIE GRICEPresidentPT$0--
DONNY ADAIRBoard Member-$0--
GWEN THOMPSONBoard Member-$0--
SUNSHINE DIXONBoard Member-$0--
SHELIA SEARIGHTBoard 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
Kenneth Berry
Title
Secretary /treasurer
Phone
5038169001
Signed
2020-11-13
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 1,163 office supplies 2,079 travel 1,074 conference, conv, meeting 430 insurance - non-employee 1,259 bank fees 158 equip rental & maint 290 books, subscriptions, ref 100 food/meals 962 taxes - other 50 organizational expenses 500 scholarships awarded 385 total 8,450

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 32nd annual "keep alive the dream" tribute to rev. Dr. Martin luther king, jr. In addition, they 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/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 1,163 OFFICE SUPPLIES 2,079 TRAVEL 1,074 CONFERENCE, CONV, MEETING 430 INSURANCE - NON-EMPLOYEE 1,259 BANK FEES 158 EQUIP RENTAL & MAINT 290 BOOKS, SUBSCRIPTIONS, REF 100 FOOD/MEALS 962 TAXES - OTHER 50 ORGANIZATIONAL EXPENSES 500 SCHOLARSHIPS AWARDED 385 TOTAL 8,450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO 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/ExplanationTxt2ESTABLISHED LINKS BETWEEN ARTIST AND THE COMMUNITY THAT PROVIDED INCREASED OPPORTUNITIES FOR ENHANCED KNOWLEDGE AND AWARENESS. WAF HELD THEIR 32ND ANNUAL "KEEP ALIVE THE DREAM" TRIBUTE TO REV. DR. MARTIN LUTHER KING, JR. IN ADDITION, THEY 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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings