Civic Intelligence

Tbey Arts Center Inc

EIN 02-0739623 • 501(c)3 • Milwaukee, WI

Profile

Tbey arts center strengthens youth and young adults through exposure to the arts and opportunities for creative expression. Youth and young adults ages 2-19 receive professional arts instruciton, enjoy performances & exhibits, receive tutoring, mentoring, and coaching to achieve academically and pursue their interest in the arts.

2266 N Prospect Ave 325BMilwaukee, WI 53202

www.tbey.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.30x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.36x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$47,769

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

18th percentile

-11%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

20%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$509,267

Down $63,731 (-11%) from 2023

Liabilities

Up

$151,919

Up $144,204 (+1869%) from 2023

Net Assets

Down

$357,348

Down $207,935 (-37%) from 2023

Revenue

Up

$417,112

Up $68,338 (+20%) from 2023

Expenses

Up

$480,724

Up $201,879 (+72%) from 2023

Net Income

Down

-$63,612

Down $133,541 (-191%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $39,211Liabilities 2016: $23,1452016Assets 2017: $111,798Liabilities 2017: $7,6902017Assets 2018: $175,666Liabilities 2018: $29,908Net Assets 2018: $145,7582018Assets 2019: $148,698Liabilities 2019: $19,815Net Assets 2019: $128,8832019Assets 2020: $248,400Liabilities 2020: $2,591Net Assets 2020: $245,8092020Assets 2022: $501,278Liabilities 2022: $5,924Net Assets 2022: $495,3542022Assets 2023: $572,998Liabilities 2023: $7,715Net Assets 2023: $565,2832023Assets 2024: $509,267Liabilities 2024: $151,919Net Assets 2024: $357,3482024

Highlighted filing

2024

Assets$509,267
Liabilities$151,919
Net Assets$357,348

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $106,685Expenses 2016: $90,619Net Income 2016: $16,0662016Revenue 2017: $260,620Expenses 2017: $186,205Net Income 2017: $74,4152017Revenue 2018: $292,959Expenses 2018: $251,309Net Income 2018: $41,6502018Revenue 2019: $237,715Expenses 2019: $248,462Net Income 2019: -$10,7472019Revenue 2020: $269,913Expenses 2020: $0Net Income 2020: $269,9132020Revenue 2022: $420,833Expenses 2022: $240,233Net Income 2022: $180,6002022Revenue 2023: $348,774Expenses 2023: $278,845Net Income 2023: $69,9292023Revenue 2024: $417,112Expenses 2024: $480,724Net Income 2024: -$63,6122024

Highlighted filing

2024

Revenue$417,112
Expenses$480,724
Net Income-$63,612

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$417,112
Mission and Program Overview

Mission

Tbey arts center acquaints youth and youing adults the fine arts through participation and individual activities in the fine arts youh and young adults ages 6 to 19 receive profeesional arts

Tbey arts center strengthens youth and young adults through exposure to the arts and opportunities for creative expression. Youth and young adults ages 2-19 receive professional arts instruction, enjoy performances & exhibits, receive tutoring, mentoring, and coaching to achieve academically and pursue their interest in the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$390,945$330,755▼ $60,190
Savings and Temporary Cash Investments$123,800$125,394▲ $1,594
Accounts Receivable$49,150$44,067▼ $5,083
Land, Buildings, and Equipment, Net$9,051$9,051→ $0
Inventories for Sale or Use$52$0▼ $52
Total Assets$572,998$509,267▼ $63,731
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$142,100▲ $142,100
Accounts Payable and Accrued Expenses$7,715$9,819▲ $2,104
Total Liabilities$7,715$151,919▲ $144,204
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$565,283$357,348▼ $207,935
Total Net Assets Fund Balance$565,283$357,348▼ $207,935
Total Liabilities and Net Assets / Fund Balance$572,998$509,267▼ $63,731

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$9,051$18,100$27,151
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Contessa LobleyExecutive DirectorFT$92,846$92,846
Myesha ColeDirector-$30,001$30,001

Board Members and Trustees

NameTitle
Paul BeckPresident
James KirkVice President
Daron WolfSecretary
Kyrstal ReedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,526
Program Service Revenue
$247,512
Investment Income
$1,594
Other Revenue
$480
All Other Contributions
$167,526
Change in Net Assets
$-63,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$305,886
Other Expenses$158,338
Total Fundraising Expense$25,920
Professional Fundraising Fees$16,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$135,669$54,621-$190,290
Current Officers, Directors, Trustees, and Key Employees-$92,846-$92,846
Fees for Services Other$5,303$27,840-$33,143
Occupancy$28,590$246-$28,836
Payroll Taxes$10,901$11,849-$22,750
Fees for Services Professional Fundraising--$16,500$16,500
Insurance-$13,568-$13,568
Office Expenses-$10,318-$10,318
Travel$3,820$2,049-$5,869
Other Expenses$7,767$5,506$9,420$5,506
Information Technology-$4,298-$4,298
All Other Expenses$80$2,710-$2,790
Advertising$2,547--$2,547
Fees for Services Accounting-$1,555-$1,555
Interest-$1,520-$1,520
Total Functional Expenses$225,015$229,789$25,920$480,724
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$16,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is posted on the board portal (board network) when submitted and filed by the accountant.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Tbey Arts Center Inc
EIN
02-0739623
Phone
4145628239
Address
2266 N PROSPECT AVE 325B, MILWAUKEE, WI 53202

Signing Officer

Name
Contessa Lobley
Title
Executive Director
Phone
4145628239
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Contessa Lobley
Formed
2004
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
3
Employees
23
Volunteers
18

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 222, MILWAUKEE, WI 53202
Preparer
Katy L Sommer
Phone
4142711451
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IRS990/RevenueAmt0247992
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123800
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0125394
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0167526
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0142566
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0170924
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0103399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0117632
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0702047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01594
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01594
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0247512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0205179
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0243618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt013400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0711662
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0480
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01029
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01119
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0158068
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0124162
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0284858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01594
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01698567
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0415518
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0348774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0415661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0263420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0255194
IRS990ScheduleA/Total509Grp/TotalAmt01698567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0417112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0348774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0415661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0263420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0255194
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01700161
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09051
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt018100
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt027151
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09051
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0PROFESSIONAL FUNDRAISING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-16500
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0THE POWHER NETWORK
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt016500
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0901 W WINNEBAGO APT 109
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0MILWAUKEE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd053205
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalNetToOrganizationAmt0-16500
IRS990ScheduleG/TotalRetainedByContractorsAmt016500
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS POSTED ON THE BOARD PORTAL (BOARD NETWORK) WHEN SUBMITTED AND FILED BY THE ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0572998
IRS990/TotalAssetsEOYAmt0509267
IRS990/TotalAssetsGrp/BOYAmt0572998
IRS990/TotalAssetsGrp/EOYAmt0509267
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0167526
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025920
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0229789
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0225015
IRS990/TotalFunctionalExpensesGrp/TotalAmt0480724
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07715
IRS990/TotalLiabilitiesEOYAmt0151919
IRS990/TotalLiabilitiesGrp/BOYAmt07715
IRS990/TotalLiabilitiesGrp/EOYAmt0151919
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0565283
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0357348
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0225015
IRS990/TotalProgramServiceRevenueAmt0247512
IRS990/TotalReportableCompFromOrgAmt0122847
IRS990/TotalRevenueGrp/ExclusionAmt01594
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0247992
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0417112
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0572998
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0509267
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02049
IRS990/TravelGrp/ProgramServicesAmt03820
IRS990/TravelGrp/TotalAmt05869
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02266 N PROSPECT AVE 325B
IRS990/USAddress/CityNm0MILWAUKEE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053202
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.TBEY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CONTESSA LOBLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04145628239
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TBEY ARTS CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0TBEY
ReturnHeader/Filer/EIN0020739623
ReturnHeader/Filer/PhoneNum04145628239
ReturnHeader/Filer/USAddress/AddressLine1Txt02266 N PROSPECT AVE 325B
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053202

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