Civic Intelligence

Artspace Inc.

990 • Fiscal year 2013 • EIN 04-2986718

Jan 01, 2013 to Dec 31, 2013 • Filed on May 15, 2014

Organization Profilewwww.artspacemaynard.com
63 Summer StreetMaynard, MA 01754

(978) 897-9828

Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

41st percentile

-0.0%

Higher net margin than 41% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

45th percentile

-0.0%

Faster asset growth than 45% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$405,811

Down $170 (-0.0%) from 2012

Net Assets

Down

$391,444

Down $102 (-0.0%) from 2012

Liabilities

Down

$14,367

Down $68 (-0.5%) from 2012

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin41st percentile

Revenue

$247,447

No earlier filing loaded for comparison.

Expenses

Up

$247,549

Up $53,064 (+27%) from 2012

Net Income

-$102

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$600K$400K$200K$0Assets 2010: $317,550Liabilities 2010: $14,918Net Assets 2010: $302,6322010Assets 2011: $358,574Liabilities 2011: $15,101Net Assets 2011: $343,4732011Assets 2012: $405,981Liabilities 2012: $14,435Net Assets 2012: $391,5462012Assets 2013: $405,811Liabilities 2013: $14,367Net Assets 2013: $391,4442013Assets 2014: $451,704Liabilities 2014: $13,899Net Assets 2014: $437,8052014Assets 2015: $442,904Liabilities 2015: $15,251Net Assets 2015: $427,6532015Assets 2016: $417,936Liabilities 2016: $14,263Net Assets 2016: $403,6732016Assets 2017: $392,350Liabilities 2017: $15,199Net Assets 2017: $377,1512017Assets 2018: $408,641Liabilities 2018: $17,869Net Assets 2018: $390,7722018Assets 2019: $465,997Liabilities 2019: $17,869Net Assets 2019: $448,1282019Assets 2020: $449,267Liabilities 2020: $39,389Net Assets 2020: $409,8782020Assets 2021: $304,805Liabilities 2021: $17,946Net Assets 2021: $286,8592021Assets 2022: $206,340Liabilities 2022: $144,223Net Assets 2022: $62,1172022Assets 2023: $119,825Liabilities 2023: $44,847Net Assets 2023: $74,9782023Assets 2024: $28,686Liabilities 2024: $0Net Assets 2024: $28,6862024

Highlighted filing

2013

Assets$405,811
Liabilities$14,367
Net Assets$391,444
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $214,3812010Expenses 2011: $205,2392011Expenses 2012: $194,4852012Revenue 2013: $247,447Expenses 2013: $247,549Net Income 2013: -$1022013Revenue 2014: $255,475Expenses 2014: $209,114Net Income 2014: $46,3612014Revenue 2015: $259,060Expenses 2015: $269,212Net Income 2015: -$10,1522015Revenue 2016: $271,995Expenses 2016: $295,975Net Income 2016: -$23,9802016Revenue 2017: $280,404Expenses 2017: $306,926Net Income 2017: -$26,5222017Revenue 2018: $327,743Expenses 2018: $314,122Net Income 2018: $13,6212018Revenue 2019: $331,406Expenses 2019: $282,050Net Income 2019: $49,3562019Revenue 2020: $310,886Expenses 2020: $349,136Net Income 2020: -$38,2502020Revenue 2021: $291,785Expenses 2021: $414,804Net Income 2021: -$123,0192021Revenue 2022: $437,967Expenses 2022: $662,709Net Income 2022: -$224,7422022Revenue 2023: $347,306Expenses 2023: $225,840Net Income 2023: $121,4662023Revenue 2024: $256,628Expenses 2024: $302,920Net Income 2024: -$46,2922024

Highlighted filing

2013

Revenue$247,447
Expenses$247,549
Net Income-$102
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 15, 2014
Return Version
2013v3.1
Gross Receipts
$247,447
Mission and Program Overview

Mission

Promotion the arts by leasing real estate and sub-leasing it to performing artists for studio and performace space at below market rental levels and to provide arts education classes, workshops, tours and similar activities.

Promotion the arts by leasing real estate and sub-leasing it to performing artists for studio and performace space at below market rental levels and to provide arts education classes, workshops, tours and smimilar activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$234,624$240,391▲ $5,767
Land, Buildings, and Equipment, Net$171,357$165,420▼ $5,937
Total Assets$405,981$405,811▼ $170
Liabilities
Other Liabilities$14,435$14,367▼ $68
Total Liabilities$14,435$14,367▼ $68
Net Assets / Fund Balance
Unrestricted Net Assets$391,546$391,444▼ $102
Total Net Assets Fund Balance$391,546$391,444▼ $102
Total Liabilities and Net Assets / Fund Balance$405,981$405,811▼ $170

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$165,420$72,323$237,743
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Jero NessonPresident
Frederich VonkrusensteirnDirector
John SloanDirector
Teil SilversteinDirector
Marie Paquet NessonClerk
Fred BatstoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000
Program Service Revenue
$240,967
Investment Income
$270
Other Revenue
$5,210
All Other Contributions
$1,000
Change in Net Assets
$-102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,570
Salaries, Compensation, and Employee Benefits$80,979
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$71,260--$71,260
Insurance$9,449--$9,449
All Other Expenses$8,716--$8,716
Depreciation Depletion$5,937--$5,937
Payroll Taxes$5,636--$5,636
Other Employee Benefits$4,083--$4,083
Fees for Services Accounting$3,107--$3,107
Other Expenses$2,529--$2,529
Advertising$797--$797
Office Expenses$554--$554
Fees for Services Other$6--$6
Occupancy$1--$1
Total Functional Expenses$247,549$0$0$247,549
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$14,367
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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

Officer directors etc family relationship Part VI line 2

“Jero Nesson (president and founder) and Marie Paquet Nesson (clerk and founder) are married.”

Committee meeting documentation Part VI line 8B

“No committee has the authority to act on behalf of the governing body.”

Form 990 governing body review Part VI line 11

“Two weeks before filing, a copy of the 990 for is given to each board of directors for review and discussion.”

Conflict of interest policy compliance Part VI line 12C

“Once per year all directors and officers provide a signed statement confirming that they are in compliance with the conflict of interest policy.”

CEO executive director top management comp Part VI line 15A

“The board of directors establishes the compensation of the organization's president. The board of directors establishes this compensation package within the range or organizations similar in size and scope of ArtSpace Inc.”

Governing documents etc available to public Part VI line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public, upon request, at the organization's office.”

Filing and Contact Details

Filer

EIN
04-2986718

Signing Officer

Name
Jero Nesson
Title
President
Phone
9788979828
Signed
2014-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jero Nesson
Formed
1987
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
20

Preparer

Preparer
John M Monticone
Phone
7813950024
Raw XML Appendix379 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTION THE ARTS BY LEASING REAL ESTATE AND SUB-LEASING IT TO PERFORMING ARTISTS FOR STUDIO AND PERFORMACE SPACE AT BELOW MARKET RENTAL LEVELS AND TO PROVIDE ARTS EDUCATION CLASSES, WORKSHOPS, TOURS AND SMIMILAR ACTIVITIES.
IRS990/AdvertisingGrp/ProgramServicesAmt0797
IRS990/AdvertisingGrp/TotalAmt0797
IRS990/AllOtherContributionsAmt01000
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08716
IRS990/AllOtherExpensesGrp/TotalAmt08716
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JERO NESSON
IRS990/BooksInCareOfDetail/PhoneNum09788979828
IRS990/BooksInCareOfDetail/USAddress/AddressLine1063 SUMMER STREET
IRS990/BooksInCareOfDetail/USAddress/City0MAYNARD
IRS990/BooksInCareOfDetail/USAddress/State0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode001754
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0234624
IRS990/CashNonInterestBearingGrp/EOYAmt0240391
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt071260
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt071260
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0270
IRS990/CYOtherExpensesAmt0166570
IRS990/CYOtherRevenueAmt05210
IRS990/CYProgramServiceRevenueAmt0240967
IRS990/CYRevenuesLessExpensesAmt0-102
IRS990/CYSalariesCompEmpBnftPaidAmt080979
IRS990/CYTotalExpensesAmt0247549
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0247447
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05937
IRS990/DepreciationDepletionGrp/TotalAmt05937
IRS990/Desc0ORGANIZATION HAS SECURED A MASTER TENANCY OF TWO BUILDINGS WHICH ARE BEING SUBLET FOR USE BY ARTISTS AS STUDIOS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0247549
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03107
IRS990/FeesForServicesAccountingGrp/TotalAmt03107
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06
IRS990/FeesForServicesOtherGrp/TotalAmt06
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0FRED BATSTONE
IRS990/Form990PartVIISectionAGrp/PersonNm1MARIE PAQUET NESSON
IRS990/Form990PartVIISectionAGrp/PersonNm2TEIL SILVERSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN SLOAN
IRS990/Form990PartVIISectionAGrp/PersonNm4FREDERICH VONKRUSENSTEIRN
IRS990/Form990PartVIISectionAGrp/PersonNm5JERO NESSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0247447
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09449
IRS990/InsuranceGrp/TotalAmt09449
IRS990/InvestmentIncomeGrp/ExclusionAmt0270
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0270
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt072323
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0171357
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0165420
IRS990/LandBldgEquipCostOrOtherBssAmt0237743
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTION THE ARTS BY LEASING REAL ESTATE AND SUB-LEASING IT TO PERFORMING ARTISTS FOR STUDIO AND PERFORMACE SPACE AT BELOW MARKET RENTAL LEVELS AND TO PROVIDE ARTS EDUCATION CLASSES, WORKSHOPS, TOURS AND SMIMILAR ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0391546
IRS990/NetAssetsOrFundBalancesEOYAmt0391444
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01
IRS990/OccupancyGrp/TotalAmt01
IRS990/OfficeExpensesGrp/ProgramServicesAmt0554
IRS990/OfficeExpensesGrp/TotalAmt0554
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04083
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04083
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Gallery Expense
IRS990/OtherExpensesGrp/Desc3Open studio
IRS990/OtherExpensesGrp/ProgramServicesAmt043804
IRS990/OtherExpensesGrp/ProgramServicesAmt187982
IRS990/OtherExpensesGrp/ProgramServicesAmt23688
IRS990/OtherExpensesGrp/ProgramServicesAmt32529
IRS990/OtherExpensesGrp/TotalAmt043804
IRS990/OtherExpensesGrp/TotalAmt187982
IRS990/OtherExpensesGrp/TotalAmt23688
IRS990/OtherExpensesGrp/TotalAmt32529
IRS990/OtherLiabilitiesGrp/BOYAmt014435
IRS990/OtherLiabilitiesGrp/EOYAmt014367
IRS990/OtherRevenueMiscGrp/BusinessCd0531120
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05210
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05210
IRS990/OtherRevenueTotalAmt05210
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05636
IRS990/PayrollTaxesGrp/TotalAmt05636
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JERO NESSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENT FROM ARTISTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0240967
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0240967
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01100
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0375
IRS990/PYOtherExpensesAmt0113791
IRS990/PYOtherRevenueAmt04377
IRS990/PYProgramServiceRevenueAmt0236706
IRS990/PYRevenuesLessExpensesAmt048073
IRS990/PYSalariesCompEmpBnftPaidAmt080694
IRS990/PYTotalExpensesAmt0194485
IRS990/PYTotalRevenueAmt0242558
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-102
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0240565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0354
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0524
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0551
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02074
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0246177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0237719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0244726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0240915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0243826
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01213363
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0354
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02074
IRS990ScheduleA/InvestmentIncomeCYPct00.00170
IRS990ScheduleA/InvestmentIncomePYPct00.00210
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99830
IRS990ScheduleA/PublicSupportPY509Pct00.99790
IRS990ScheduleA/PublicSupportTotal509Amt01218563
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0247177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0238819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0245726
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0241915
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0244926
IRS990ScheduleA/Total509Grp/TotalAmt01218563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0247447
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0239194
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0246080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0242439
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0245477
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01220637
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0165420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt072323
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0237743
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014367
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0165420
IRS990ScheduleD/TotalLiabilityAmt014367
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Jero Nesson (president and founder) and Marie Paquet Nesson (clerk and founder) are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No committee has the authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Two weeks before filing, a copy of the 990 for is given to each board of directors for review and discussion.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ONCE PER YEAR ALL DIRECTORS AND OFFICERS PROVIDE A SIGNED STATEMENT CONFIRMING THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board of directors establishes the compensation of the organization's president. The board of directors establishes this compensation package within the range or organizations similar in size and scope of ArtSpace Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes its governing documents, conflict of interest policy and financial statements available to the public, upon request, at the organization's office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0405981
IRS990/TotalAssetsEOYAmt0405811
IRS990/TotalAssetsGrp/BOYAmt0405981
IRS990/TotalAssetsGrp/EOYAmt0405811
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247549
IRS990/TotalFunctionalExpensesGrp/TotalAmt0247549
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014435
IRS990/TotalLiabilitiesEOYAmt014367
IRS990/TotalLiabilitiesGrp/BOYAmt014435
IRS990/TotalLiabilitiesGrp/EOYAmt014367
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0391546
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0391444
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0247549
IRS990/TotalProgramServiceRevenueAmt0240967
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0246177
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0247447
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0405981
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0405811
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0391546
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0391444
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JERO NESSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09788979828
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10ARTSPACE INC
ReturnHeader/Filer/BusinessNameControlTxt0ARTS
ReturnHeader/Filer/EIN0042986718
ReturnHeader/Filer/USAddress/AddressLine1063 SUMMER STREET
ReturnHeader/Filer/USAddress/City0MAYNARD
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode001754
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10JOHN M MONTICONE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105 HIGH STREET SUITE 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode002155
ReturnHeader/PreparerPersonGrp/PhoneNum07813950024
ReturnHeader/PreparerPersonGrp/PreparationDt02014-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M MONTICONE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-06-11T15:48:03-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$405,811
Liabilities
$14,367
Net assets
$391,444
Revenue
$247,447
Expenses
$247,549
Net income
-$102
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$2.57$3.03$0.46
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.45$0.75$3.47$2.26$1.21
2022Detailed filing. Detailed filing data is available for this year.$2.06$1.44$0.62$4.38$6.63$2.25
2021Detailed filing. Detailed filing data is available for this year.$3.05$0.18$2.87$2.92$4.15$1.23
2020Detailed filing. Detailed filing data is available for this year.$4.49$0.39$4.10$3.11$3.49$0.38
2019Detailed filing. Detailed filing data is available for this year.$4.66$0.18$4.48$3.31$2.82$0.49
2018Detailed filing. Detailed filing data is available for this year.$4.09$0.18$3.91$3.28$3.14$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.92$0.15$3.77$2.80$3.07$0.27
2016Detailed filing. Detailed filing data is available for this year.$4.18$0.14$4.04$2.72$2.96$0.24
2015Detailed filing. Detailed filing data is available for this year.$4.43$0.15$4.28$2.59$2.69$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.52$0.14$4.38$2.55$2.09$0.46
2013Detailed filing. Detailed filing data is available for this year.$4.06$0.14$3.91$2.47$2.48$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.14$3.92$1.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.15$3.43$2.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.15$3.03$2.14