Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
New Arts and Sciences Inc.
EIN 04-2738454 • 501(c)3 • Sharon, MA
Pub. 78 Eligible
Profile
School/clinical psychology services.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.14x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 48.5% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Balance Sheet
Assets
Down$7,397
Down $10,075 (-58%) from 2023
Liabilities
Up$8,416
Up $562 (+7.2%) from 2023
Net Assets
Down-$1,019
Down $10,637 (-111%) from 2023
Revenue
Down$87,269
Down $10,141 (-10%) from 2023
Expenses
Up$97,906
Up $1,061 (+1.1%) from 2023
Net Income
Down-$10,637
Down $11,202 (-1983%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,397
- Liabilities
- $8,416
- Net assets
- -$1,019
- Revenue
- $87,269
- Expenses
- $97,906
- Net income
- -$10,637
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Oct 31, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $87,269
Mission and Program Overview
Mission
School/clinical psychology services.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Offer supportive encouragement throughout the creative process,while allowing students to experience new techniques, build confidenceand grow at their own pace. | - | $92,857 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DIANE SHER | Executive Direc | FT | $42,300 | - | $42,300 |
| Rick Sprague | Director | - | $0 | - | - |
| DIANE SHER | Officer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- New Arts and Sciences Inc
- EIN
- 04-2738454
- Phone
- 7817844252
- Address
- 75 S MAIN STREET 312, Sharon, MA 02067
Signing Officer
- Name
- Diane Sher
- Title
- Executive Direc
- Signed
- 2024-10-31
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Solomon & Company CPA Inc
- Address
- 60 Dedham Ave Suite 202, Needham, MA 02492
- Preparer
- Laurie Solomon
- Phone
- 7818287036
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $221”
Other Expenses.1002
“Office Expenses $560”
Other Expenses.1012
“Insurance $1211”
Other Expenses.1
“SUPPLIES EXPENSE $5632”
Other Expenses.2
“CABLE & INTERNET $1759”
Other Expenses.3
“UTILITIES $1593”
Other Expenses.4
“CLEANING EXPENSE $1100”
Other Expenses.5
“CASUAL LABOR $510”
Other Expenses.6
“Dues and subscriptions $130”
Other Expenses.8
“PROMOTIONAL $105”
Other Expenses.9
“TAXES-OTHER $89”
Other Expenses.10
“DONATIONS $25”
Other Assets.1005
“Accounts Receivable - Beginning $210 Accounts Receivable - Ending $0”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $203 Accounts Payable and Accrued Expenses - Ending $0”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $6959 Payable to Officers, Directors, Etc. - Ending $6959”
Total Liabilities.1
“EMPLOYEE LIABILITIEIS - Beginning $692 EMPLOYEE LIABILITIEIS - Ending $1457”
Raw XML Appendix176 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 | Diane Sher |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7817844252 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 75 S MAIN STREET 207 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SHARON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02067 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 17262 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7397 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CompensationHighestPaidEmplGrp/AverageHoursPerWeekRt | 0 | 20.00 |
| IRS990EZ/CompensationHighestPaidEmplGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990EZ/CompensationHighestPaidEmplGrp/CompensationAmt | 0 | 13105 |
| IRS990EZ/CompensationHighestPaidEmplGrp/CompensationAmt | 1 | 42200 |
| IRS990EZ/CompensationHighestPaidEmplGrp/EmployeeBenefitsAmt | 0 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/EmployeeBenefitsAmt | 1 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/ExpenseAccountAmt | 0 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/ExpenseAccountAmt | 1 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/PersonNm | 0 | CAROLYN SHEDD |
| IRS990EZ/CompensationHighestPaidEmplGrp/PersonNm | 1 | DIANE SHER |
| IRS990EZ/CompensationHighestPaidEmplGrp/TitleTxt | 0 | STAFF |
| IRS990EZ/CompensationHighestPaidEmplGrp/TitleTxt | 1 | EXECUTIVE DIRECTOR |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10637 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2354 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 17472 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7397 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 87269 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9618 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -1019 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 9618 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -1019 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 15000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 42300 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Rick Sprague |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DIANE SHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DIANE SHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Executive Direc |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 210 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12935 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | School/clinical psychology services. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 106 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 87269 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Offer supportive encouragement throughout the creative process,while allowing students to experience new techniques, build confidenceand grow at their own pace. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 92857 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 67511 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7854 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 8416 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 97906 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 92857 |
| IRS990EZ/TotalRevenueAmt | 0 | 87269 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | An Advertisement in Sharon Advocate and Publication Notice of the same |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $221 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $560 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $1211 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SUPPLIES EXPENSE $5632 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CABLE & INTERNET $1759 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | UTILITIES $1593 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CLEANING EXPENSE $1100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CASUAL LABOR $510 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | DUES AND SUBSCRIPTIONS $130 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | PROMOTIONAL $105 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | TAXES-OTHER $89 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | DONATIONS $25 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Accounts Receivable - Beginning $210 Accounts Receivable - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Accounts Payable and Accrued Expenses - Beginning $203 Accounts Payable and Accrued Expenses - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Payable to Officers, Directors, Etc. - Beginning $6959 Payable to Officers, Directors, Etc. - Ending $6959 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | EMPLOYEE LIABILITIEIS - Beginning $692 EMPLOYEE LIABILITIEIS - Ending $1457 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DIANE SHER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Direc |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-10-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW ARTS AND SCIENCES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWA |
| ReturnHeader/Filer/EIN | 0 | 042738454 |
| ReturnHeader/Filer/PhoneNum | 0 | 7817844252 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 75 S MAIN STREET 312 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Sharon |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02067 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043522147 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Solomon & Company CPA Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 60 Dedham Ave Suite 202 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Needham |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02492 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7818287036 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Laurie Solomon |
| ReturnHeader/ReturnTs | 0 | 2024-10-30T12:50:58-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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