BAS FISHER INVITATIONAL: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BAS FISHER INVITATIONAL (EIN 47-3336677)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-07
- IRS object ID
- 202503119349301320
- Schema version
- 2024v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-07T10:24:26-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 993868472 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MKA ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 NW 155TH ST STE 201 | AddressLine1Txt |
| City | MIAMI LAKES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473336677 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAS FISHER INVITATIONAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BASF | BusinessNameControlTxt |
| Phone | 7868777280 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 370987 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33137 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NAOMI FISHER | PersonNm |
| Person Title | DIRECTOR & PRESIDENT | PersonTitleTxt |
| Phone | 7868777280 | PhoneNum |
| Signature | 2025-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH M BRYDON | PreparerPersonNm |
| PTIN | P00820557 | PTIN |
| Phone | 3054457956 | PhoneNum |
| Preparation | 2025-11-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NAOMI FISHER | PrincipalOfficerNm |
| Gross Receipts | $271,264 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BASFISHERINVITATIONAL.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | BFI IS AN ARTIST-RUN SPACE DEDICATED TO CREATIVITY EXPERIMENTATION AND DISCOURSE IN CONTEMPORARY ART FOSTERING COMMUNITY BY OFFERING SUPPORT FOR ARTIST PROJECTS AND CREATING A BRIDGE BETWEEN MIAMI AND THE INTERNATIONAL ART WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $207,117 | PYContributionsGrantsAmt |
| CY Contributions Grants | $271,164 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $240 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $100 | CYOtherRevenueAmt |
| PY Total Revenue | $207,357 | PYTotalRevenueAmt |
| CY Total Revenue | $271,264 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $98,923 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $104,862 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,500 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $96,730 | PYOtherExpensesAmt |
| CY Other Expenses | $43,627 | CYOtherExpensesAmt |
| PY Total Expenses | $195,653 | PYTotalExpensesAmt |
| CY Total Expenses | $148,489 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,704 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $122,775 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $66,515 | TotalAssetsBOYAmt |
| Total Assets EOY | $189,284 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,035 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,029 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $64,480 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $187,255 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BFI IS AN ARTIST-RUN SPACE DEDICATED TO CREATIVITY EXPERIMENTATION AND DISCOURSE IN CONTEMPORARY ART FOSTERING COMMUNITY BY OFFERING SUPPORT FOR ARTIST PROJECTS AND CREATING A BRIDGE BETWEEN MIAMI AND THE INTERNATIONAL ART WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $37,041 | ExpenseAmt |
| Desc | WEIRD MIAMI TOURS - PROGRAMMING THAT HAS ARTISTS LEAD GROUPS ON TOURS OF ARTIST WORK SPACES HISTORIC SITES POINTS OF INTEREST LOCALLY OWNED BUSINESSES AND NATURAL SITES TO EDUCATE THE PUBLIC ON UNIQUE ASPECTS OF SOUTH FLORIDA AND TO DISCOVER HOW AND WHY ART IS MADE IN MIAMI. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $71,437 | ExpenseAmt |
| Desc | NOMADIC MIAMI - A SITE SPECIFIC CURATORIAL PLATFORM THROUGH WHICH BFI PRESENTS EXHIBITIONS, EXPERIMENTAL WORK, AND PUBLIC PROGRAMMING THAT LOOKS AT MIAMI SITE-SPECIFICALLY. SINCE 2016, THE CURATORIAL FOCUS OF NOMADIC MIAMI EMPHASIZES PROJECTS THAT DIRECTLY ADDRESS ENVIRONMENTAL ISSUES FACING SOUTH FLORIDA, WITH EDUCATIONAL SUPPORT AND ACTIONABLE STEPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $23,812 | ExpenseAmt |
| Desc | HEAT EXCHANGE - "HEAT EXCHANGE: ART & INFRASTRUCTURE FROM THE TROPICS TO THE ARCTIC" IS A RECIPROCAL RESIDENCY PROGRAM CREATING ANNUAL RESIDENCIES IN MIAMI & NORWAY FOR ARTISTS TO EXPLORE, COMPARE AND CONTRAST INFRASTRUCTURE IN THEIR RESPECTIVE REGIONS AS THEY LOOK AT ENVIRONMENTAL ISSUES, THE ECONOMY, ARTIST'S LABOR, INDIGENEITY, SPIRITUAL PRACTICES, AND OTHER PRESSING ISSUES. MIAMI ARTISTS SHARE RESEARCH THROUGH PANEL DISCUSSIONS, EDUCATIONAL INITIATVES, SITE-SPECIFIC PROJECTS THAT STEM FROM THE ARTISTS' RESIDENCY EXPERIENCES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $132,290 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BAS FISHER INVITATIONAL INC | PersonNm |
| Phone | 7868777280 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 370987 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331370987 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| NAOMI FISHER | ||||||
| DIRECTOR & P | 1.50 | Yes (X) | Yes (X) | $50,000 | $0 | $0 |
| DANIELLE BENDER | ||||||
| BOARD MEMBER | 1.50 | Yes (X) | $252 | $0 | $0 | |
| ARIC KURZMAN | ||||||
| VICE PRESIDE | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KATERINA LLANES | ||||||
| BOARD MEMBER | 1.50 | Yes (X) | $0 | $0 | $0 | |
| AGATHA WARA | ||||||
| BOARD MEMBER | 1.50 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $50,252 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $108,389 | GovernmentGrantsAmt |
| All Other Contributions | $162,775 | AllOtherContributionsAmt |
| Total Contributions | $271,164 | TotalContributionsAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Total Revenue Column | $100 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $100 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $100 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $271,264 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $100 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,000 | TotalAmt |
| Program Services | $45,000 | ProgramServicesAmt |
| Management And General | $5,000 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,862 | TotalAmt |
| Program Services | $49,376 | ProgramServicesAmt |
| Management And General | $5,486 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,061 | TotalAmt |
| Program Services | $955 | ProgramServicesAmt |
| Management And General | $106 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,149 | TotalAmt |
| Program Services | $7,334 | ProgramServicesAmt |
| Management And General | $815 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,628 | TotalAmt |
| Program Services | $1,465 | ProgramServicesAmt |
| Management And General | $163 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,317 | TotalAmt |
| Program Services | $2,085 | ProgramServicesAmt |
| Management And General | $232 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,951 | TotalAmt |
| Program Services | $9,856 | ProgramServicesAmt |
| Management And General | $1,095 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,898 | TotalAmt |
| Program Services | $8,908 | ProgramServicesAmt |
| Management And General | $990 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,144 | TotalAmt |
| Program Services | $1,030 | ProgramServicesAmt |
| Management And General | $114 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $4,719 | $4,247 | $472 | |
| BUSINESS EXPENSES | $1,716 | $1,544 | $172 | |
| FUNDRAISING EXPENSE | $1,500 | $1,500 | ||
| BOOKS, SUBSCRIPTIONS, REF | $410 | $369 | $41 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134 | TotalAmt |
| Program Services | $121 | ProgramServicesAmt |
| Management And General | $13 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,489 | TotalAmt |
| Program Services | $132,290 | ProgramServicesAmt |
| Management And General | $14,699 | ManagementAndGeneralAmt |
| Fundraising | $1,500 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,515 | BOYAmt |
| EOY | $189,284 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,515 | BOYAmt |
| EOY | $189,284 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35 | BOYAmt |
| EOY | $29 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000 | BOYAmt |
| EOY | $2,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,035 | BOYAmt |
| EOY | $2,029 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,480 | BOYAmt |
| EOY | $187,255 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,480 | BOYAmt |
| EOY | $187,255 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,515 | BOYAmt |
| EOY | $189,284 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $122,775 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $381,274 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,547 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $88,798 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $207,117 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,164 | CurrentTaxYearAmt |
| Total | $1,071,900 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $7,300 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $240 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100 | CurrentTaxYearAmt |
| Total | $7,640 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $381,274 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,547 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $96,098 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $207,357 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,264 | CurrentTaxYearAmt |
| Total | $1,079,540 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,079,540 | PublicSupportTotal509Amt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $4,985 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,141 | CurrentTaxYearMinus2YearsAmt |
| Total | $27,126 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $381,274 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $128,532 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $118,239 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $207,357 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,264 | CurrentTaxYearAmt |
| Total | $1,106,666 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97550 | PublicSupportCY509Pct |
| Public Support PY509 | 0.97340 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III, LINE 12 | FormAndLineReferenceDesc |
| Explanation | 27,126 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EIDL ADVANCE SBA | Desc |
| Amt | $2,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,000 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | BFI IS AN ARTIST-RUN SPACE DEDICATED TO CREATIVITY EXPERIMENTATION AND DISCOURSE IN CONTEMPORARY ART FOSTERING COMMUNITY BY OFFERING SUPPORT FOR ARTIST PROJECTS AND CREATING A BRIDGE BETWEEN MIAMI AND THE INTERNATIONAL ART WORLD. |
| FORM 990, PAGE 6, PART VI, LINE 11B | JESSICA, THE IN-HOUSE FINANCIAL MANAGER, COMPILES ALL FINANCIAL INFORMATION FOR THE YEAR SUCH AS DETAILS ON INCOME, AND EXPENSES AND SHARES THE RELEVANT OPERATIONAL INFORMATION WITH THE ACCOUNTANTS. NEXT, AFTER THE ACCOUNTANTS PREPARE A DRAFT OF THE 990 JESSICA REVIEWS THE FORM TO IDENTIFY ANY ISSUES OR DISCREPANCIES BETWEEN THE NUMBERS ON THE FORM AND THE NUMBERS ON THE BOOKS AND ANY IDENTIFIED ERRORS OR OMISSIONS ARE CORRECTED WITH THE HELP OF THE ACCOUNTANTS AND THE FORM IS PASSED DOWN TO NAOMI FISHER, BFI'S DIRECTOR FOR HER REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD SHALL ADOPT AND PERIODICALLY REVIEW A CONFLICT OF INTEREST POLICY TO PROTECT THE CORPORATION'S INTEREST WHEN IT IS CONTEMPLATING ANY TRANSACTION OR ARRANGEMENT THAT MAY BENEFIT ANY DIRECTOR, OFFICER, EMPLOYEE, AFFILIATE, OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPARISONS HAVE BEEN MADE TO SIMILAR SIZE ORGANIZATIONS WITH SIMILAR MISSIONS IN THE VISUAL ART NON PROFIT FIELD. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPARISONS HAVE BEEN MADE TO SIMILAR SIZE ORGANIZATIONS WITH SIMILAR MISSIONS IN THE VISUAL ART NON PROFIT FIELD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST, THIS IS LISTED ON OUR WEBSITE. 990'S ARE PUBLICLY AVAILABLE ON GUIDESTAR. |
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