Civic Intelligence

River Arts Inc.

EIN 01-0435256 • 501(c)3 • Damariscotta, ME

Pub. 78 Eligible

View Organization Page

Profile

Provide center for performing visual arts

PO Box 1316Damariscotta, ME 04543

www.riverartsme.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

57th percentile

5.4%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

3.8%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.3%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$112,472

Up $4,138 (+3.8%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$112,472

Up $4,138 (+3.8%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin57th percentile

Revenue

Up

$110,026

Up $5,557 (+5.3%) from 2023

Expenses

Up

$104,114

Up $23,219 (+29%) from 2023

Net Income

Down

$5,912

Down $17,662 (-75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2011: $26,364Liabilities 2011: $3962011Assets 2012: $6,947Liabilities 2012: $1,1152012Assets 2013: $4,464Liabilities 2013: $12,3082013Assets 2014: $4,083Liabilities 2014: $9,0812014Assets 2015: $3,037Liabilities 2015: $7,9652015Assets 2016: $4,092Liabilities 2016: $4,1992016Assets 2017: $3,023Liabilities 2017: $6942017Assets 2018: $324Liabilities 2018: $1,570Net Assets 2018: -$1,2462018Assets 2019: $31,149Liabilities 2019: $1,775Net Assets 2019: $29,3742019Assets 2020: $42,679Liabilities 2020: $1,172Net Assets 2020: $41,5072020Assets 2021: $70,861Liabilities 2021: $2,914Net Assets 2021: $67,9472021Assets 2022: $81,985Liabilities 2022: $0Net Assets 2022: $81,9852022Assets 2023: $108,334Liabilities 2023: $0Net Assets 2023: $108,3342023Assets 2024: $112,472Net Assets 2024: $112,4722024

Highlighted filing

2024

Assets$112,472
Liabilities-
Net Assets$112,472
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $82,508Expenses 2011: $119,617Net Income 2011: -$37,1092011Revenue 2012: $107,279Expenses 2012: $127,415Net Income 2012: -$20,1362012Revenue 2013: $100,804Expenses 2013: $114,480Net Income 2013: -$13,6762013Revenue 2014: $118,026Expenses 2014: $115,180Net Income 2014: $2,8462014Revenue 2015: $103,729Expenses 2015: $103,659Net Income 2015: $702015Revenue 2016: $92,857Expenses 2016: $88,036Net Income 2016: $4,8212016Revenue 2017: $82,288Expenses 2017: $79,852Net Income 2017: $2,4362017Revenue 2018: $86,631Expenses 2018: $87,852Net Income 2018: -$1,2212018Revenue 2019: $101,441Expenses 2019: $70,821Net Income 2019: $30,6202019Revenue 2020: $96,309Expenses 2020: $84,176Net Income 2020: $12,1332020Revenue 2021: $101,804Expenses 2021: $75,364Net Income 2021: $26,4402021Revenue 2022: $89,922Expenses 2022: $75,884Net Income 2022: $14,0382022Revenue 2023: $104,469Expenses 2023: $80,895Net Income 2023: $23,5742023Revenue 2024: $110,026Expenses 2024: $104,114Net Income 2024: $5,9122024

Highlighted filing

2024

Revenue$110,026
Expenses$104,114
Net Income$5,912
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$112,472
Liabilities
-
Net assets
$112,472
Revenue
$110,026
Expenses
$104,114
Net income
$5,912
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$1.12$1.10$1.04$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$1.04$0.81$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.90$0.76$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.68$1.02$0.75$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.96$0.84$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.29$1.01$0.71$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.01$0.87$0.88$0.01
2017Summary only. Only limited summary data is available for this year.$0.03$0.01$0.82$0.80$0.02
2016Summary only. Only limited summary data is available for this year.$0.04$0.04$0.93$0.88$0.05
2015Summary only. Only limited summary data is available for this year.$0.03$0.08$1.04$1.04$0.00
2014Summary only. Only limited summary data is available for this year.$0.04$0.09$1.18$1.15$0.03
2013Summary only. Only limited summary data is available for this year.$0.04$0.12$1.01$1.14$0.14
2012Summary only. Only limited summary data is available for this year.$0.07$0.01$1.07$1.27$0.20
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.83$1.20$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$110,026
Mission and Program Overview

Mission

Provide center for performing visual arts

Program Services

DescriptionGrantsExpenses
EXHIBITS, CLASSES, SPEAKERS, CHILDRENS PROGRAMS AND OTHER EVENT S RELATED TO THE ARTS--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDY SEFERLISDirector-$0--
AVERY HUNTDirector-$0--
ALICE DE MAURIACDirector PresidentPT$0--
COLLEEN WHITEDirector-$0--
GERD KOEHLERDirectorPT$0--
JULIO SANCHEZ-BANOSDirector TreasurerPT$0--
HELEN WARNERDirector SecretaryPT$0--
LAUREL DODGEDirector Vice President-$0--
Filing and Contact Details

Filer

Filer Name
River Arts Inc
EIN
01-0435256
Phone
2075636868
Address
PO BOX 1316, DAMARISCOTTA, ME 04543

Signing Officer

Name
Alice Demauric
Title
President
Phone
2075636868
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Libby Farmer Tax Solutions LLC
Address
432 Centre St, Bath, ME 04530
Preparer
Libby FarmerEA
Phone
2074420834
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising public relations 2,200”

Form 990-EZ, Part I, Line 16, Other Expenses

“BOARD INSURANCE 877”

Form 990-EZ, Part I, Line 16, Other Expenses

“CREDIT CARD FEES 1,790”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office gallery supplies 1,038”

Form 990-EZ, Part I, Line 16, Other Expenses

“SOFTWARE 645”

Form 990-EZ, Part I, Line 16, Other Expenses

“PAYROLL TAX 3,571”

Form 990-EZ, Part I, Line 16, Other Expenses

“PROPERTY INSURANCE 533”

Form 990-EZ, Part I, Line 16, Other Expenses

“Accounting fee/tax filing 250”

Form 990-EZ, Part I, Line 16, Other Expenses

“INTERNET PHONE 1,550”

Form 990-EZ, Part I, Line 20, Net Assets

“Timing difference between book records bank acct statement -1,774”

Raw XML Appendix187 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANDY SEFERLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AVERY HUNT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALICE DE MAURIAC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3COLLEEN WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GERD KOEHLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JULIO SANCHEZ-BANOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6HELEN WARNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LAUREL DODGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-1774
IRS990EZ/OtherExpensesTotalAmt012454
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE CENTER FOR PERFORMING VISUAL ARTS
IRS990EZ/ProgramServiceRevenueAmt077889
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXHIBITS, CLASSES, SPEAKERS, CHILDRENS PROGRAMS AND OTHER EVENT S RELATED TO THE ARTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt024541
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0104114
IRS990EZ/TotalRevenueAmt0110026
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0160694
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt038
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04457
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04457
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99110
IRS990ScheduleA/PublicSupportPY509Pct00.99990
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING PUBLIC RELATIONS 2,200
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROPERTY INSURANCE 533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCOUNTING FEE/TAX FILING 250
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-11-10T02:31:53-00:00
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ReturnHeader/TaxYr02024

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