HOWL ARTS INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HOWL ARTS INC (EIN 27-0266647)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-12
- IRS object ID
- 202003179349101945
- Schema version
- 2019v5.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-12T13:15:08-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113245053 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSEN FEDERICO & SULLIVAN | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 CROSSWAYS PARK DR SUITE LL03 | AddressLine1Txt |
| City | WOODBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11797 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270266647 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOWL ARTS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOWL | BusinessNameControlTxt |
| Phone | 9174751294 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 EAST 1ST STREET - STORE FRONT | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MITCHELL J HACKER | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9177710470 | PhoneNum |
| Signature | 2020-08-26 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VINCENT P SULLIVAN CPA | PreparerPersonNm |
| PTIN | P00228462 | PTIN |
| Phone | 5166813783 | PhoneNum |
| Preparation | 2020-09-29 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 75.127.166.165 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-12 | IPDt |
| IP Tm | 13:15:08 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5EE09A1713290D4EA95846CE8C8329378DAC3F4B | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C2FD93C44FD7B93ADE92143C1AEE6A0ED7184321 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $282,924 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,306,436 | ContriRcvdRevAndExpnssAmt |
| Net Gain Sale Ast Rev And Expnss | $37,336 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $65,000 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $46,380 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $46,380 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,390,152 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $46,380 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $395,076 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $395,076 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $395,076 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $33,713 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $33,713 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $33,713 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $23,398 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $23,398 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $23,398 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $31,346 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $31,346 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $31,346 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $54,729 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $54,729 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $54,729 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,876 | TaxesRevAndExpnssAmt |
| Taxes Adj Net Incm | $31,876 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $31,876 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $11,287 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $229,684 | OccupancyRevAndExpnssAmt |
| Occupancy Adj Net Incm | $229,684 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $229,684 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $34,512 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $34,512 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $34,512 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $419,981 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $419,981 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $419,981 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,265,602 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,254,315 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,254,315 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,265,602 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,254,315 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,254,315 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $124,550 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $312,162 | CashBOYAmt |
| Cash EOY | $278,245 | CashEOYAmt |
| Cash EOYFMV | $278,245 | CashEOYFMVAmt |
| Acct Rcvbl | $1,880 | AcctRcvblAmt |
| Acct Rcvbl EOY | $1,880 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,880 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,335 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,799 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,799 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $5,700 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $155,763 | OtherInvestmentsEOYAmt |
| Land Bldg Equip Cost Or Other Bss | $88,428 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,699 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $37,505 | LandBOYAmt |
| Land EOY | $64,729 | LandEOYAmt |
| Other Assets BOY | $65,957 | OtherAssetsBOYAmt |
| Other Assets EOY | $31,700 | OtherAssetsEOYAmt |
| Total Assets BOY | $422,659 | TotalAssetsBOYAmt |
| Total Assets EOY | $535,116 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $282,924 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $29,548 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $32,710 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $15,255 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $44,803 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,710 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $377,856 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $477,406 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets EOY | $25,000 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $377,856 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $502,406 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $422,659 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $535,116 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $377,856 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $124,550 | ExcessRevenueOverExpensesAmt |
| Subtotal | $502,406 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $502,406 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,036,052 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $234,253 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 4.422791 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $956,492 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $348,239 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 2.746654 | DistributionYr2Rt |
| Total Distribution | 7.169445 | TotalDistributionRt |
| Average Distribution | 3.584723 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $522,999 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,874,807 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,874,807 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,254,315 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HOWLARTS.ORG | WebsiteAddressTxt |
| Individual With Books | HOWL ARTS INC | IndividualWithBooksNm |
| Phone | 9174751294 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 EAST 1ST STREET - STORE FRONT | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BOB PERL | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | PRESIDENT | 3.00 | $0 | $0 | $0 |
| BOB HOLMAN | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | VICE PRES | 3.00 | $0 | $0 | $0 |
| MITCHELL J HACKER | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | TREASURER | 15.00 | $0 | $0 | $0 |
| NATHANIEL SIEGEL | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | SECRETARY | 2.00 | $0 | $0 | $0 |
| BRIAN BUTTERICK IN MEMORIAM | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | ARTIST/PERFO | 2.00 | $0 | $0 | $0 |
| RIKI COLON | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | ARTIST | 1.00 | $0 | $0 | $0 |
| JANE FRIEDMAN | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | EXECUTIVE DI | 15.00 | $0 | $0 | $0 |
| CHI CHI VALENTI | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | ARTIST/PERFM | 1.00 | $0 | $0 | $0 |
| MARGUERITE V COOK | ||||||||
| 6 EAST 1ST STREET - STORE FRONT | NEW YORK | NY | 10003 | DIR EMERITUS | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HOWL ARTS, INC. IS A NON PROFIT ORGANIZATION DEDICATED TO PRESERVING THE PAST AND CELEBRATING THE CONTEMPORARY CULTURE OF THE EAST VILLAGE AND LOWER EAST SIDE. HOWL ARTS, INC. CREATES OPPORTUNITIES FOR ARTISTS TO PRODUCE AND SHOW THEIR WORK, AND ENGAGES IN ACTIVITIES AIMED AT IMPROVING THE QUALITY OF LIFE FOR ARTISTS AND MEMBERS OF THE CREATIVE COMMUNITY. | Description1Txt |
| Expenses1 | $968,413 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $274,092 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $256,871 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $530,963 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $530,963 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,964 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $522,999 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $26,150 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $26,150 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $26,150 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $26,150 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $26,150 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,254,315 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,254,315 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,254,315 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $26,150 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $97,989 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $468,209 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $651,485 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $939,080 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,024,339 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,181,102 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,254,315 | QualifyingDistributionsAmt |
| Applied To Current Year | $26,150 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,228,165 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,409,267 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $97,989 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,311,278 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $468,209 | ExcessFromYear4Amt |
| Excess From Year3 | $651,485 | ExcessFromYear3Amt |
| Excess From Year2 | $939,080 | ExcessFromYear2Amt |
| Excess From Year1 | $1,024,339 | ExcessFromYear1Amt |
| Excess From Current Year | $1,228,165 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $37,336 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| ART SALES | $30,317 |
| CATALOG SALES | $7,466 |
| BOOK SALES | $4,989 |
| OTHER INCOME | $3,608 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $83,716 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $83,716 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | SUPPORT THE ARTS | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Business Name Line2ContributorBusinessName/BusinessNameLine2Txt | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| GERALD J & DOROTHY R FRIEDMAN | |||||||
| 1 | FOUNDATION OF FLORIDA | 1301 AVE OF THE AMERICAS | NEW YORK | NY | 100196036 | $1,271,600 | Yes (X) |
| WALT DISNEY COMPANY | |||||||
| 2 | 77 WEST 66TH STREET | NEW YORK | NY | 10023 | $25,000 | Yes (X) | |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $31,346 | Amt |
| Adjusted Net Income | $31,346 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $31,346 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| COMPUTER | 2016-09-26 | $1,639 | $738 | S/L | 5.0000 | $327 |
| FURNITURE & FIXTURES | 2015-02-03 | $2,014 | $1,699 | 200DB | 7.0000 | $102 |
| EQUIPMENT | 2015-05-27 | $3,772 | $3,183 | 200DB | 7.0000 | $172 |
| LEASEHOLD IMPROVEMENT-ARCHIVE | 2017-07-01 | $13,841 | $8,997 | S/L | 5.0000 | $692 |
| COMPUTER | 2017-07-01 | $2,058 | $1,564 | 200DB | 5.0000 | $198 |
| EQUIPMENT | 2017-07-01 | $5,208 | $3,614 | 200DB | 7.0000 | $455 |
| SOFTWARE | 2018-01-26 | $7,564 | $2,520 | S/L | 3.0000 | $2,521 |
| LEASEHOLD IMPROVEMENT-ARCHIVE | 2018-08-10 | $23,714 | S/L | 39.0000 | $203 | |
| LEASEHOLD IMPOVEMENTS | 2019-07-01 | $52,180 | S/L | 5.0000 | $5,218 | |
| COMPUTERS | 2019-07-01 | $13,993 | S/L | 5.0000 | $1,399 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | VARRICK ST. | AssetDesc |
| How Acquired | PURCHASE | HowAcquiredTxt |
| Sold | 2019-04 | SoldDt |
| Gross Sales Price | $65,000 | GrossSalesPriceAmt |
| Basis | $37,555 | BasisAmt |
| Total Net | $37,336 | TotalNetAmt |
| Accumulated Depreciation | $9,891 | AccumulatedDepreciationAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt |
|---|---|---|
| INVESTMENT IN ARTWORK | FMV | $5,700 |
| ARCHIVE ACQUISITIONS | FMV | $150,063 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $88,428 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $23,699 | AccumulatedDepreciationAmt |
| Book Value | $64,729 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $23,398 | LegalFeesAmt |
| Adjusted Net Income | $23,398 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $23,398 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY DEPOSIT - GALLERY | $11,700 | $11,700 |
| SECURITY DEPOSIT-TRINITY CHURCH | $54,257 | |
| SECURITY DEPOSIT-ARCHIVE | $20,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (31 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| MARKETING | $64,664 | $64,664 | $64,664 |
| OUTSIDE SERVICES | $41,569 | $41,569 | $41,569 |
| GALLERY EXPENSES | $38,548 | $38,548 | $38,548 |
| CATALOG EXPENSES | $34,687 | $34,687 | $34,687 |
| EDUCATIONAL WORKSHOPS | $30,215 | $30,215 | $30,215 |
| INSURANCE | $27,433 | $27,433 | $27,433 |
| STORAGE | $23,881 | $23,881 | $23,881 |
| MOVING EXPENSE | $21,856 | $21,856 | $21,856 |
| PERFORMANCE EXPENSE | $14,599 | $14,599 | $14,599 |
| HONORARIUMS & GRANTS | $19,690 | $19,690 | $19,690 |
| COMPUTER & SOFTWARE | $13,457 | $13,457 | $13,457 |
| UTILITIES | $13,411 | $13,411 | $13,411 |
| EXHIBITIONS | $9,524 | $9,524 | $9,524 |
| COMMUNICATIONS | $8,801 | $8,801 | $8,801 |
| INSTALLATION | $8,193 | $8,193 | $8,193 |
| WEBSITE EXPENSES | $6,156 | $6,156 | $6,156 |
| LIGHTS & SOUND | $6,000 | $6,000 | $6,000 |
| PHOTOGRAPHY | $5,095 | $5,095 | $5,095 |
| REPAIRS AND MAINTENANCE | $4,102 | $4,102 | $4,102 |
| BUSINESS GIFTS | $4,000 | $4,000 | $4,000 |
| GENERAL & ADMINISTRATIVE | $3,913 | $3,913 | $3,913 |
| ADVERTISING & PROMOTIONS | $3,834 | $3,834 | $3,834 |
| EVENTS | $3,663 | $3,663 | $3,663 |
| PAYROLL FEES | $2,859 | $2,859 | $2,859 |
| VIDEOGRAPHER | $2,523 | $2,523 | $2,523 |
| INDUSTRY EVENT ATTENDANCE | $2,116 | $2,116 | $2,116 |
| REFERNCE MATERIALS | $1,908 | $1,908 | $1,908 |
| IT CONSULTING | $1,853 | $1,853 | $1,853 |
| FRAMING | $772 | $772 | $772 |
| SECURITY | $659 | $659 | $659 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ART SALES | $30,317 | $30,317 |
| CATALOG SALES | $7,466 | $7,466 |
| BOOK SALES | $4,989 | $4,989 |
| OTHER INCOME | $3,608 | $3,608 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| BOY Book Value | $15,255 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ART HANDLING | $36,614 | $36,614 | $36,614 |
| OTHER PROFESSIONAL FEES | $18,115 | $18,115 | $18,115 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | REAL ESTATE TAXES | CategoryTxt |
| Amt | $31,876 | Amt |
| Adjusted Net Income | $31,876 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $31,876 | DisbursementsCharitablePrpsAmt |
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