Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Phoenix Institute of Contemporary Art
EIN 94-2744357 • 501(c)3 • Phoenix, AZ
Profile
Phoenix institute of contemporary art(phica)is a not-for-profit organization which complimnents other regional cultural institutions while differentiating itself through collaboration and community partnerships and by offering new portals of entry for enjoying, understanding, and interpreting contemporay art. Phica was envisioned and is structured to be organic and efficient and is a non-collecting institution with a primary focus on exhibition projects, artist residencies, and arts incubation activities.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Up$11,217
Up $3,668 (+49%) from 2015
Liabilities
Flat$0
Flat from 2015
Net Assets
Up$11,217
Up $3,668 (+49%) from 2015
Revenue
Up$74,992
Up $7,956 (+12%) from 2015
Expenses
Up$71,324
Up $8,983 (+14%) from 2015
Net Income
Down$3,668
Down $1,027 (-22%) from 2015
Trend Graphs
Filings
Most recent year
2016 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $11,217
- Liabilities
- $0
- Net assets
- $11,217
- Revenue
- $74,992
- Expenses
- $71,324
- Net income
- $3,668
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending. | $11.2 | $0.00 | $11.2 | $75.0 | $71.3 | $3.67 |
| 2015Detailed filing. Detailed filing data is available for this year. | $7.55 | $0.00 | $7.55 | $67.0 | $62.3 | $4.70 |
Latest Detailed Filing
The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- May 13, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $83,675
Mission and Program Overview
Mission
Phoenix institute of contemporary art(phica)is a not-for-profit organization which complimnents other regional cultural institutions while differentiating itself through collaboration and community partnerships and by offering new portals of entry for enjoying, understanding, and interpreting contemporay art. Phica was envisioned and is structured to be organic and efficient and is a non-collecting institution with a primary focus on exhibition projects, artist residencies, and arts incubation activities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FILM PRODUCTION OF THE LIFE AN ARTIST WHO WAS A MENTOR AND VOICE TO MANY IN THE PHOENIX COMMUNITY FOR 80 YEARS. | $0 | $48,855 |
| ONLOADED EXHIBITIONS OFFER NEW PORTALS OF ENTRY FOR ENJOYING AND GAINING EXPOSURE TO OTHER REGIONAL CULTURAL INSTITUTIONS. THE PROGRAM ALSO OFFERS RESIDENCY PROGRAMS. | $0 | $6,176 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| EDWARD SHEA | President | PT | $0 | - | - |
| TED DECKER | Vice President/Treasurer | PT | $0 | - | - |
| GREG ESSER | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Phoenix Institute of Contemporary Art
- EIN
- 94-2744357
- Phone
- 6022589269
- Address
- 248 EAST BETHANY HOME ROAD, PHOENIX, AZ 85012
Signing Officer
- Name
- Edward Shea
- Title
- President
- Phone
- 6022589269
- Signed
- 2016-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wallace Plese Dreher Llp
- Address
- 500 N JUNIPER DRIVE SUITE 275, CHANDLER, AZ 85226
- Preparer
- Scott M Bromley CPA
- Phone
- 4803450500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 7 - Sales of Inventory
“Income: gross receipts: 18,098. Returns and allowances: 0. Less cost of goods sold: 16,639. Gross profit: 1,459. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 16,639. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 16,639.”
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: administrative charges. Amount: 2,946.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: service fee. Amount: 210. Description: website. Amount: 814. Description: office expense. Amount: 1,948. Description: film program expenses. Amount: 48,855. Description: onloaded program expenses. Amount: 6,176. Description: critical art writing program expense. Amount: 413. Description: cultural incubation program expense. Amount: 3,150. Description: grant writing program expense. Amount: 775. Total to form 990-ez, line 16: 62,341.”
Raw XML Appendix145 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EDWARD SHEA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6022406789 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 248 EAST BETHANY HOME ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PHOENIX |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85012 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2854 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7549 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 62631 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 16639 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4695 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2854 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7549 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 1459 |
| IRS990EZ/GrossReceiptsAmt | 0 | 83675 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 18098 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2854 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7549 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2854 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7549 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 12.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | EDWARD SHEA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TED DECKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GREG ESSER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 62341 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2946 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PHOENIX INSTITUTE OF CONTEMPORARY ART(PHICA)IS A NOT-FOR-PROFIT ORGANIZATION WHICH COMPLIMNENTS OTHER REGIONAL CULTURAL INSTITUTIONS WHILE DIFFERENTIATING ITSELF THROUGH COLLABORATION AND COMMUNITY PARTNERSHIPS AND BY OFFERING NEW PORTALS OF ENTRY FOR ENJOYING, UNDERSTANDING, AND INTERPRETING CONTEMPORAY ART. PHICA WAS ENVISIONED AND IS STRUCTURED TO BE ORGANIC AND EFFICIENT AND IS A NON-COLLECTING INSTITUTION WITH A PRIMARY FOCUS ON EXHIBITION PROJECTS, ARTIST RESIDENCIES, AND ARTS INCUBATION ACTIVITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FILM PRODUCTION OF THE LIFE AN ARTIST WHO WAS A MENTOR AND VOICE TO MANY IN THE PHOENIX COMMUNITY FOR 80 YEARS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ONLOADED EXHIBITIONS OFFER NEW PORTALS OF ENTRY FOR ENJOYING AND GAINING EXPOSURE TO OTHER REGIONAL CULTURAL INSTITUTIONS. THE PROGRAM ALSO OFFERS RESIDENCY PROGRAMS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 48855 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 6176 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | AZ |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 62341 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 55031 |
| IRS990EZ/TotalRevenueAmt | 0 | 67036 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | PHICA.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 62631 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12028 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3353 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 78112 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 78112 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 62631 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12028 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3353 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 78112 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 78112 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME: GROSS RECEIPTS: 18,098. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 16,639. GROSS PROFIT: 1,459. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 16,639. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 16,639. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADMINISTRATIVE CHARGES. AMOUNT: 2,946. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: SERVICE FEE. AMOUNT: 210. DESCRIPTION: WEBSITE. AMOUNT: 814. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,948. DESCRIPTION: FILM PROGRAM EXPENSES. AMOUNT: 48,855. DESCRIPTION: ONLOADED PROGRAM EXPENSES. AMOUNT: 6,176. DESCRIPTION: CRITICAL ART WRITING PROGRAM EXPENSE. AMOUNT: 413. DESCRIPTION: CULTURAL INCUBATION PROGRAM EXPENSE. AMOUNT: 3,150. DESCRIPTION: GRANT WRITING PROGRAM EXPENSE. AMOUNT: 775. TOTAL TO FORM 990-EZ, LINE 16: 62,341. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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. |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | EDWARD SHEA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6022589269 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PHOENIX INSTITUTE OF CONTEMPORARY ART |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PHOE |
| ReturnHeader/Filer/EIN | 0 | 942744357 |
| ReturnHeader/Filer/PhoneNum | 0 | 6022589269 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 248 EAST BETHANY HOME ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PHOENIX |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85012 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 860841383 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WALLACE PLESE DREHER LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 N JUNIPER DRIVE SUITE 275 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHANDLER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 85226 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4803450500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SCOTT M BROMLEY CPA |
| ReturnHeader/ReturnTs | 0 | 2016-05-13T14:24:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.