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RISING ARTIST FOUNDATION INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RISING ARTIST FOUNDATION INC (EIN 84-3585277)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202433209349202558
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T08:34:08-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN800686848PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HART VIDA & PARTNERSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1400 COLUMBUS AVENUE SUITE 100SAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN843585277EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RISING ARTIST FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRISIBusinessNameControlTxt
Phone4125515224PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1952 SAINT MARKS AVE APT D7AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11213ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBENJAMIN RAFSONPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone9146177625PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTELLA VIDA CPAPreparerPersonNm
PTINP01051658PTIN
Phone9146177620PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressRISINGARTISTFOUNDATION.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$58,642GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$58,642ContributionsGiftsGrantsEtcAmt
Total Revenue$58,642TotalRevenueAmt
Salaries Other Comp Empl Bnft$64,615SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$4,640FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$14,969OtherExpensesTotalAmt
Total Expenses$84,224TotalExpensesAmt
Excess Or Deficit For Year-$25,582ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$97,420NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$71,838NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$97,420BOYAmt
EOY$71,630EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$208EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$97,420BOYAmt
EOY$71,838EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$97,420BOYAmt
EOY$71,838EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE RISING ARTIST FOUNDATION ELEVATES A BROAD SPECTRUM OF VOICES IN AMERICAN MUSIC. THE ORGANIZATION FOSTERS CREATIVE AND PROFESSIONAL GROWTH IN THE EARLY STAGES OF A MUSICIAN'S CAREER TO NURTURE UNCOMPROMISING ARTISTIC EXPRESSION.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTHE LARGEST PROGRAM FROM 2023 CALLED "OVERTONES" GAVE GRANTS TO AND INCUBATED A GROUP OF ASPIRING ELECTRONIC MUSICIANS FROM UNDERSERVED COMMUNITIES IN THE LOS ANGELES AREA. THEY HONED THEIR CRAFT, NETWORKED WITH INDUSTRY PROFESSIONALS AND PERFORMED AT A SOLD-OUT SHOWCASE AT THE END OF THE YEAR.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$0ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp

FieldValueIRS element (for citing)
PersonBENJAMIN RAFSONPersonNm
TitlePRESIDENT/CEOTitleTxt
Average Hrs Per Wk Devoted To Pos12.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBENJAMIN RAFSONPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1952 ST MARKS AVE D7AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11213ZIPCd
FieldValueIRS element (for citing)
Phone4125515224PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$33,886CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$150,693CurrentTaxYearMinus1YearAmt
Current Tax Year$58,642CurrentTaxYearAmt
Total$243,221TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$33,886CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$150,693CurrentTaxYearMinus1YearAmt
Current Tax Year$58,642CurrentTaxYearAmt
Total$243,221TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$243,221PublicSupportTotal170Amt
Total Support$243,221TotalSupportAmt
Gross Receipts Rltd Activities$10,334GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,232. DESCRIPTION: TRAVEL. AMOUNT: 593. DESCRIPTION: PAYROLL TAXES. AMOUNT: 5,188. DESCRIPTION: EMPLOYEE BENEFITS. AMOUNT: 6,764. DESCRIPTION: ADVERTISING. AMOUNT: 78. DESCRIPTION: FUNDRAISING FEES. AMOUNT: 39. DESCRIPTION: FILING FEES. AMOUNT: 75. TOTAL TO FORM 990-EZ, LINE 16: 14,969.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: BENIFITS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 208.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE 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.DeclarationDesc

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