Civic Intelligence

River Arts Inc.

990EZ • Fiscal year 2018 • EIN 01-0435256

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 24, 2019

PO Box 1316Damariscotta, ME 04543

(207) 563-1507

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

4.85x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

37th percentile

-1.4%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$22,690

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

3rd percentile

-89%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

5.3%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$324

Down $2,699 (-89%) from 2017

Net Assets

-$1,246

No earlier filing loaded for comparison.

Liabilities

Up

$1,570

Up $876 (+126%) from 2017

Revenue

Up

$86,631

Up $4,343 (+5.3%) from 2017

Expenses

Up

$87,852

Up $8,000 (+10%) from 2017

Net Income

Down

-$1,221

Down $3,657 (-150%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2018

Assets$324
Liabilities$1,570
Net Assets-$1,246

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$86,631
Expenses$87,852
Net Income-$1,221
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 24, 2019
Return Version
2018v3.1
Gross Receipts
$86,631
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-$14,702
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA MORKESKIDirectorPT$22,690-$22,690
ANDY SEFERLISDirector-$0--
AVERY HUNTDirector Secretary-$0--
ALICE DE MAURIACDirector PresidentPT$0--
FRIEDA HANLONDirector-$0--
GERD KOEHLERDirector Treasurer-$0--
JULIO SANCHEZ-BANOSDirectorPT$0--
HELEN WARNERDirector-$0--
Filing and Contact Details

Filer

Filer Name
River Arts Inc
EIN
01-0435256
Phone
2075631507
Address
PO BOX 1316, DAMARISCOTTA, ME 04543

Signing Officer

Name
Alice De Mauriac
Title
Director President
Phone
2075631507
Signed
2019-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Libby Farmer Tax Solutions
Address
241 US RT 1 Suite 103, Damariscotta, ME 04543
Preparer
Libby Farmer
Phone
2074420834
Supplemental Narrative

Additional Explanations

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

Equipment rental and maintenance 87

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

Instructors program expenses 8,949

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

Artists gallery expense 12,437

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

Advertising public relations 457

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

BOARD INSURANCE 900

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

BANK CHARGES 105

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

LICENSES FEES 346

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

CREDIT CARD FEES 1,470

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

OFFICE SUPPLIES 1,569

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

WEBSITE 435

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

Adjustments to correct balances for security deposits -2,354

Form 990-EZ, Part II, Line 24, Other Assets

PREPAID RENT UTILITIES Beginning of year 2,625, End of year 0

Form 990-EZ, Part II, Line 26, Liabilities

SALES TAX PAYABLE Beginning of year 0, End of year 208

Form 990-EZ, Part II, Line 26, Liabilities

ACCOUNTS PAYABLE Beginning of year 694, End of year 1,362

Raw XML Appendix195 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/PersonNm0LINDA MORKESKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDY SEFERLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AVERY HUNT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALICE DE MAURIAC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4FRIEDA HANLON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GERD KOEHLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JULIO SANCHEZ-BANOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7HELEN WARNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR TREASURER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-2354
IRS990EZ/OtherExpensesTotalAmt026755
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0157869
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0310612
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt086628
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0103728
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt086628
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0468481
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Equipment rental and maintenance 87
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSTRUCTORS PROGRAM EXPENSES 8,949
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTISTS GALLERY EXPENSE 12,437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADVERTISING PUBLIC RELATIONS 457
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD INSURANCE 900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK CHARGES 105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LICENSES FEES 346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CREDIT CARD FEES 1,470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OFFICE SUPPLIES 1,569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9WEBSITE 435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ADJUSTMENTS TO CORRECT BALANCES FOR SECURITY DEPOSITS -2,354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PREPAID RENT UTILITIES Beginning of year 2,625, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SALES TAX PAYABLE Beginning of year 0, End of year 208
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ACCOUNTS PAYABLE Beginning of year 694, End of year 1,362
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALICE DE MAURIAC
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02075631507
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVER ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0010435256
ReturnHeader/Filer/PhoneNum02075631507
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1316
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ReturnHeader/FilingSecurityInformation/IPDt02019-09-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:55:30
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0241 US RT 1 Suite 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Damariscotta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004543
ReturnHeader/PreparerPersonGrp/PhoneNum02074420834
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Libby Farmer
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-09-24T03:54:43-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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