Civic Intelligence

Arts Federation Inc

EIN 03-0524939 • 501(c)3 • Salem, MA

Profile

We work with other not-for-profit organizations to help them increase their participation and success in public-sector workplace charitable fund drives. The federation screens applications for such drives, assists with the transfer of funds from donors to the benefiting groups, educates the staff and volunteers of these groups so that they better understand workplace giving programs, and assists in the marketing of such groups to potential donors.

125 Washington Street No 201Salem, MA 01970

www.artsfederation.org

Siviq Scores

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

Liabilities / Assets

89th percentile

0.56x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

0.20x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

36th percentile

-5.5%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-22%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

37th percentile

-13%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Down

$35,239

Down $9,809 (-22%) from 2017

Liabilities

Down

$19,694

Down $4,315 (-18%) from 2017

Net Assets

Down

$15,545

Down $5,494 (-26%) from 2017

Revenue

Down

$100,681

Down $15,087 (-13%) from 2017

Expenses

Down

$106,175

Down $15,926 (-13%) from 2017

Net Income

Up

-$5,494

Up $839 (+13%) from 2017

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $116,215Liabilities 2011: $83,361Net Assets 2011: $32,8542011Assets 2012: $112,943Liabilities 2012: $73,444Net Assets 2012: $39,4992012Assets 2013: $94,386Liabilities 2013: $60,306Net Assets 2013: $34,0802013Assets 2014: $88,532Liabilities 2014: $55,153Net Assets 2014: $33,3792014Assets 2015: $66,678Liabilities 2015: $42,221Net Assets 2015: $24,4572015Assets 2016: $61,861Liabilities 2016: $34,489Net Assets 2016: $27,3722016Assets 2017: $45,048Liabilities 2017: $24,009Net Assets 2017: $21,0392017Assets 2018: $35,239Liabilities 2018: $19,694Net Assets 2018: $15,5452018

Highlighted filing

2018

Assets$35,239
Liabilities$19,694
Net Assets$15,545

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $218,7622011Expenses 2012: $288,5382012Revenue 2013: $204,855Expenses 2013: $210,274Net Income 2013: -$5,4192013Revenue 2014: $216,622Expenses 2014: $217,323Net Income 2014: -$7012014Revenue 2015: $153,329Expenses 2015: $162,251Net Income 2015: -$8,9222015Revenue 2016: $118,916Expenses 2016: $116,001Net Income 2016: $2,9152016Revenue 2017: $115,768Expenses 2017: $122,101Net Income 2017: -$6,3332017Revenue 2018: $100,681Expenses 2018: $106,175Net Income 2018: -$5,4942018

Highlighted filing

2018

Revenue$100,681
Expenses$106,175
Net Income-$5,494

Filings

Latest Detailed Filing

The latest 2018 filing currently has summary financial data only. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.0
Gross Receipts
$115,768
Mission and Program Overview

Mission

We work with other not-for-profit organizations to help them increase their participation and success in public-sector workplace charitable fund drives. The federation screens applications for such drives, assists with the transfer of funds from donors to the benefiting groups, educates the staff and volunteers of these groups so that they better understand workplace giving programs, and assists in the marketing of such groups to potential donors.

To assist not-for-profits in workplace giving campaigns.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,081$31,150▼ $17,931
Pledges and Grants Receivable$8,452$7,924▼ $528
Accounts Receivable$0$2,209▲ $2,209
Prepaid Expenses and Deferred Charges$334$347▲ $13
Total Assets$61,861$45,048▼ $16,813
Other Assets Total$3,994$3,418▼ $576
Liabilities
Grants Payable$32,892$24,009▼ $8,883
Accounts Payable and Accrued Expenses$1,597$0▼ $1,597
Total Liabilities$34,489$24,009▼ $10,480
Net Assets / Fund Balance
Unrestricted Net Assets$27,372$21,039▼ $6,333
Total Net Assets Fund Balance$27,372$21,039▼ $6,333
Total Liabilities and Net Assets / Fund Balance$61,861$45,048▼ $16,813

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,418--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edward NilssonChair
Elaine GerdinePresident
Judi HolleyDirector
Bill YuhasSecretary
Sisi DengTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$102,596
Program Service Revenue
$13,172
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-6,333

Audited Revenue Reconciliation

Revenue per Audited Statements
$115,768
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$115,768
Total Revenue per Form 990
$115,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$89,193
Other Expenses$32,908
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$89,193--$89,193
Other Expenses$4,554$2,376-$4,554
Fees for Services Accounting-$3,525-$3,525
Insurance-$820-$820
Travel-$129-$129
Office Expenses-$117-$117
Total Functional Expenses$115,134$6,967$0$122,101

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$122,101
Total Expenses per Audited Statements$122,101
Total Expenses per Form 990$122,101
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thelonious Monk Institute of JazzWashington, DC501(c)(3)TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.$16,118
Baltimore Symphony OrchestraBaltimore, MD501(c)(3)TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.$9,722
Dance Theatre of HarlemNew York, NY501(c)(3)TO ASSIST WITH THE ORGANIZATION'S EXEMPT PURPOSES.$9,463
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
Yes
Backup withholding compliance
Yes
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

All members of the board of directors received the form 990 before it was filed to allow their review of the document.

Form 990, Part VI, Section B, Line 12C

The organization complies with a conflict of interest policy. This policy states that: "anyone making decisions on behalf of the organization should always act based in the best interests of the organization, and no individual associated with the organization should use his or her position for personal benefit, for the benefit of friends or relatives, or to further any outside interests or personal agenda. This standard applies to all transactions and decisions, whether or not covered by the detailed policies and procedures below." the policy defines potential and actual conflicts of interest, requires disclosure by relevant parties of potential and actual conflicts, and establishes procedures by which board members and staff can determine whether an actual conflict of interest exists. In the event of a conflict, the policy further provides a process for deciding whether a proposed transaction is in the best interest of the organization despite that conflict of interest. The policy states that it shall be distributed annually to all directors, officers, members of board committees, and staff along with a disclosure questionnaire designed to uncover potential conflicts of interest by asking recipients to list family and business relationships with other officers, directors and key employees. All covered individuals are asked to respond acknowledging receipt of the policy, their intention to abide by it, and disclosing all issues listed in the questionnaire.

Form 990, Part VI, Section C, Line 18

The organization will make its form 990 available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

Upon request the organization will provide its governing documents, conflict of interest policy and financial statements to the public.

Filing and Contact Details

Filer

Filer Name
Arts Federation Inc
EIN
03-0524939
Phone
9787124429
Address
125 WASHINGTON STREET NO 201, SALEM, MA 01970

Signing Officer

Name
Elaine Gerdine
Title
President
Phone
9787124429
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elaine Gerdine
Formed
2003
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Bgcko Llp
Address
10025 GOVERNOR WARFIELD PKWY 108, COLUMBIA, MD 21044-3308
Preparer
Adam M Clearfield CPA
Phone
4107728090
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

The organization's process has not changed from the prior year.

Raw XML Appendix376 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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IRS990/MissionDesc0WE WORK WITH OTHER NOT-FOR-PROFIT ORGANIZATIONS TO HELP THEM INCREASE THEIR PARTICIPATION AND SUCCESS IN PUBLIC-SECTOR WORKPLACE CHARITABLE FUND DRIVES. THE FEDERATION SCREENS APPLICATIONS FOR SUCH DRIVES, ASSISTS WITH THE TRANSFER OF FUNDS FROM DONORS TO THE BENEFITING GROUPS, EDUCATES THE STAFF AND VOLUNTEERS OF THESE GROUPS SO THAT THEY BETTER UNDERSTAND WORKPLACE GIVING PROGRAMS, AND ASSISTS IN THE MARKETING OF SUCH GROUPS TO POTENTIAL DONORS.
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021201
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1100311896
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd2200152024
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANTS PAID TO THE RECIPIENTS ARE BASED ON INFORMATION RECEIVED FROM THE FEDERATED CAMPAIGNS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF THE BOARD OF DIRECTORS RECEIVED THE FORM 990 BEFORE IT WAS FILED TO ALLOW THEIR REVIEW OF THE DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION COMPLIES WITH A CONFLICT OF INTEREST POLICY. THIS POLICY STATES THAT: "ANYONE MAKING DECISIONS ON BEHALF OF THE ORGANIZATION SHOULD ALWAYS ACT BASED IN THE BEST INTERESTS OF THE ORGANIZATION, AND NO INDIVIDUAL ASSOCIATED WITH THE ORGANIZATION SHOULD USE HIS OR HER POSITION FOR PERSONAL BENEFIT, FOR THE BENEFIT OF FRIENDS OR RELATIVES, OR TO FURTHER ANY OUTSIDE INTERESTS OR PERSONAL AGENDA. THIS STANDARD APPLIES TO ALL TRANSACTIONS AND DECISIONS, WHETHER OR NOT COVERED BY THE DETAILED POLICIES AND PROCEDURES BELOW." THE POLICY DEFINES POTENTIAL AND ACTUAL CONFLICTS OF INTEREST, REQUIRES DISCLOSURE BY RELEVANT PARTIES OF POTENTIAL AND ACTUAL CONFLICTS, AND ESTABLISHES PROCEDURES BY WHICH BOARD MEMBERS AND STAFF CAN DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IN THE EVENT OF A CONFLICT, THE POLICY FURTHER PROVIDES A PROCESS FOR DECIDING WHETHER A PROPOSED TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION DESPITE THAT CONFLICT OF INTEREST. THE POLICY STATES THAT IT SHALL BE DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF ALONG WITH A DISCLOSURE QUESTIONNAIRE DESIGNED TO UNCOVER POTENTIAL CONFLICTS OF INTEREST BY ASKING RECIPIENTS TO LIST FAMILY AND BUSINESS RELATIONSHIPS WITH OTHER OFFICERS, DIRECTORS AND KEY EMPLOYEES. ALL COVERED INDIVIDUALS ARE ASKED TO RESPOND ACKNOWLEDGING RECEIPT OF THE POLICY, THEIR INTENTION TO ABIDE BY IT, AND DISCLOSING ALL ISSUES LISTED IN THE QUESTIONNAIRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL MAKE ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C
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IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt045048
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0115134
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034489
IRS990/TotalLiabilitiesEOYAmt024009
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IRS990/TotalLiabilitiesGrp/EOYAmt024009
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt027372
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021039
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0115134
IRS990/TotalProgramServiceRevenueAmt013172
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115768
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt061861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045048
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0129
IRS990/TravelGrp/TotalAmt0129
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0125 WASHINGTON STREET NO 201
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IRS990/VotingMembersGoverningBodyCnt04
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IRS990/WebsiteAddressTxt0WWW.ARTSFEDERATION.ORG
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ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELAINE GERDINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09787124429
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARTS FEDERATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ARTS
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ReturnHeader/Filer/PhoneNum09787124429
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 WASHINGTON STREET NO 201
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07B709E1C030A8D5CD6E633587B969C9DE7B8860C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DCC23AC93BE60BA9188B272D3FEE8847FE4F2BF8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.242.248.97
ReturnHeader/FilingSecurityInformation/IPDt02018-01-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:49:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0530229586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BGCKO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010025 GOVERNOR WARFIELD PKWY 108
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0210443308
ReturnHeader/PreparerPersonGrp/PhoneNum04107728090
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM M CLEARFIELD CPA
ReturnHeader/ReturnTs02018-02-21T14:23:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

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