Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Upper Valley Arts
990EZ • Fiscal year 2015 • EIN 03-0353910
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.56x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$26,933
Down $34,149 (-56%) from 2014
Net Assets
Down$11,933
Down $34,149 (-74%) from 2014
Liabilities
Flat$15,000
Flat from 2014
Revenue And Expenses
Revenue
Down$45,738
Down $67,948 (-60%) from 2014
Expenses
Down$79,887
Down $3,554 (-4.3%) from 2014
Net Income
Down-$34,149
Down $64,394 (-213%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Aug 4, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $45,738
Mission and Program Overview
Mission
To promote the work of local artists
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Promote the work of local filmmakers, writers, actors, playwrites and musicians in our area by holding readings and performances, sponsoring projects and lending equip. | $36,544 | $79,887 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID FERM | President | - | $0 | - | - |
| ROBERT DALURY | Secretary | - | $0 | - | - |
| RICHARD RUBIN | Treasurer | - | $0 | - | - |
| TED DEGENER | Vice President | - | $0 | - | - |
| FAITH CATLIN | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Upper Valley Arts
- EIN
- 03-0353910
- Phone
- 8026491557
- Address
- P O Box 322, Norwich, VT 05055
Signing Officer
- Name
- David Ferm
- Title
- President
- Phone
- 8026491557
- Signed
- 2016-08-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Lorelei A Pitt CPA PC
- Address
- 56 FLORANCE DR, Central Valley, NY 10917
- Preparer
- Leonard R Mires CPA
- Phone
- 8459289120
Supplemental Narrative
Additional Explanations
Form 990EZ, Part I, Line 10
“Grant; grant; off the grid productions inc: 38 kendall station road, norwich, vt, 05055; none, 18320”
Form 990EZ, Part I, Line 10
“Grant; Grant; Rob Koier: P. O. Box 5244, Burlington, VT, 05402; None, 5760.”
Form 990EZ, Part I, Line 10
“Grants; Grants; Signal & Noise Productions: P. O. Box 183, Lyme, NH, 03768; None, 6000.”
Form 990EZ, Part I, Line 10
“Grants; Grants; Various individuals for film: making in Vermont, Norwich, VT, 05055; None, 6464.”
Form 990EZ, Part I, Line 16
“Depreciation 695.”
Form 990EZ, Part I, Line 16
“Office Expenses 890.”
Form 990EZ, Part I, Line 16
“Program Services 20612.”
Form 990EZ, Part I, Line 16
“Filmaking Expenses 2500.”
Form 990EZ, Part I, Line 16
“Education Programs 1209.”
Form 990EZ, Part I, Line 16
“Marketing Expense 1983.”
Form 990EZ, Part I, Line 16
“DVD & Post Production 13000.”
Form 990EZ, Part I, Line 16
“Meals & Entertainment 161.”
Form 990EZ, Part I, Line 16
“Auto & Travel 36.”
Form 990EZ, Part II, Line 24
“Equipment (net of depreciation) 2433. 1738.”
Form 990EZ, Part II, Line 26
“Loan payable 15000. 15000.”
Raw XML Appendix183 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DAVID FERM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8026491557 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 38 Kendall Station Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Norwich |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05055 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 58649 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25195 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 34400 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -34149 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 901 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 61082 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 26933 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 36544 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 45738 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 6 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 46082 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 11933 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 46082 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 11933 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.08 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.08 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.08 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID FERM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ROBERT DALURY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RICHARD RUBIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TED DEGENER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | FAITH CATLIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2433 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1738 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 41086 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To promote the work of local artists |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1356 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11332 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Promote the work of local filmmakers, writers, actors, playwrites and musicians in our area by holding readings and performances, sponsoring projects and lending equip. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 36544 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 79887 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 15000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 15000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 79887 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 79887 |
| IRS990EZ/TotalRevenueAmt | 0 | 45738 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.uppervalleyarts.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 45732 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 113679 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102510 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 116179 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 103221 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 481321 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 17 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 481321 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 45732 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 113679 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102510 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 116179 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 103221 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 481321 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 481338 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GRANT; GRANT; OFF THE GRID PRODUCTIONS INC: 38 KENDALL STATION ROAD, NORWICH, VT, 05055; NONE, 18320 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Grant; Grant; Rob Koier: P. O. Box 5244, Burlington, VT, 05402; None, 5760. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Grants; Grants; Signal & Noise Productions: P. O. Box 183, Lyme, NH, 03768; None, 6000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Grants; Grants; Various individuals for film: making in Vermont, Norwich, VT, 05055; None, 6464. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Depreciation 695. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Office Expenses 890. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Program Services 20612. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Filmaking Expenses 2500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Education Programs 1209. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Marketing Expense 1983. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | DVD & Post Production 13000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Meals & Entertainment 161. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Auto & Travel 36. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Equipment (net of depreciation) 2433. 1738. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Loan payable 15000. 15000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2016-12-15 16:53:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID FERM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8026491557 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-08-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Upper Valley Arts |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | UPPE |
| ReturnHeader/Filer/EIN | 0 | 030353910 |
| ReturnHeader/Filer/PhoneNum | 0 | 8026491557 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O Box 322 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Norwich |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 05055 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Lorelei A Pitt CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 56 FLORANCE DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Central Valley |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10917 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8459289120 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-08-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LEONARD R MIRES CPA |
| ReturnHeader/ReturnTs | 0 | 2016-08-04T08:34:04-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $26,933
- Liabilities
- $15,000
- Net assets
- $11,933
- Revenue
- $45,738
- Expenses
- $79,887
- Net income
- -$34,149