Furality Inc
- Assets
- $3.4k
- Revenue
- $738.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- Data as of
- 12/2023
- EIN
- 85-2497531
Organization Overview
Furality Inc is located in Orlando, FL. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Furality Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Furality Inc generated $738.9k in total revenue. All expenses for the organization totaled $768.0k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A FORUM TO EXPERIENCE, LEARN, AND SHARE ANTHROPOMORPHIC ARTS, INCLUDING PERFORMANCE AND VISUAL ART, IMPROV AND MUSICAL PERFORMANCES AS WELL AS CARTOONS, PHOTOGRAPHY, 3D MODELING, AND 3D DIGITAL DESIGN
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURALITY SYLVA WAS OUR SIXTH CONVENTION AND OCCURRED JUNE 2-4, 2023. 15,160 PEOPLE ATTENDED TO EXPERIENCE & CELEBRATE ANTHROPOMORPHIC ARTS FEATURING 46 PANELS/PERFORMANCES, 78 MEETUPS, 170 DEALERS, & 27 DJS.
FURALITY LUMA FESTIVAL - A 30-HOUR VIRTUAL MUSIC FESTIVAL ON FEBRUARY 17TH 2023 FURALITY UMBRA - THE MAIN CONVENTION FOR FY 2024. FURALITY CYBER CONNECTION - AN ONLINE WEB SHOW SHOWCASING COMMUNITY CONTRIBUTIONS AND PROMOTING FURALITY PROGRAMS
FURALITY GATEWAY PROMOTED OUR ORGANIZATION AND COMMUNITY BY ESTABLISHING A PRESENCE AT PHYSICAL FURRY CONVENTIONS THROUGHOUT THE UNITED STATES. ACHIEVED PRIMARILY THROUGH THE SETUP OF AN AUDIOVISUAL "PORTAL" BRIDGING THE GAP BETWEEN VIRTUAL REALITY AND ATTENDEES PRESENT IN-PERSON.
GRANT TO 501(C)(3) EQUALITY FLORIDA INSTITUTE, INC. 59-3435235 -- FURALITY SYLVA RAISED 17,811 IN CHARITY DONATIONS FOR EQUALITY FLORIDA. GRANT TO 501(C)(3) HAWAII COMMUNITY FOUNDATION (HCF). 99-0261283 -- FURALITY RAISED 7,000 IN CHARITY DONATIONS FOR HCF MAUI STRONG FUND TO SUPPORT COMMUNITIES AFFECTED BY THE WILDFIRES ON MAUI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Lockwood Chairman | OfficerTrustee | 50 | $64,800 |
Michael Melby Vice-Chair/s | OfficerTrustee | 10 | $0 |
Michael Klos Treasurer | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,158 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,158 |
| Total Program Service Revenue | $664,601 |
| Investment income | $112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $738,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,811 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $520 |
| Fees for services: Accounting | $875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $155,341 |
| Advertising and promotion | $4,818 |
| Office expenses | $30,180 |
| Information technology | $335,983 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,788 |
| Interest | $31,049 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,715 |
| All other expenses | $0 |
| Total functional expenses | $767,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,366 |
| Savings and temporary cash investments | $5 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,371 |
| Accounts payable and accrued expenses | $24,809 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,809 |
| Net assets without donor restrictions | -$21,438 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,371 |
Grants Awarded
Over the last fiscal year, Furality Inc has awarded $24,811 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EQUALITY FLORIDA INSTITUTE INC PURPOSE: CHARITABLE DONATION | $17,811 |
HAWAII COMMUNITY FOUNDATION MAUI ST PURPOSE: CHARITABLE DONATION | $7,000 |