Civic Intelligence

Is183 Inc Art School of the Berkshires

990 • Fiscal year 2019 • EIN 04-3132409

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 03, 2020

PO Box 1400Stockbridge, MA 01262-1400

(413) 298-5252

Siviq Scores

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

Liabilities / Assets

84th percentile

0.45x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

0.60x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

21st percentile

-9.7%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$60,350

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

28th percentile

-3.5%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-12%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$642,765

Down $23,023 (-3.5%) from 2018

Net Assets

Down

$350,366

Down $47,148 (-12%) from 2018

Liabilities

Up

$292,399

Up $24,125 (+9.0%) from 2018

Revenue

Down

$484,364

Down $68,800 (-12%) from 2018

Expenses

Up

$531,512

Up $6,545 (+1.2%) from 2018

Net Income

Down

-$47,148

Down $75,345 (-267%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $749,626Liabilities 2010: $265,325Net Assets 2010: $484,3012010Assets 2011: $713,383Liabilities 2011: $257,132Net Assets 2011: $456,2512011Assets 2012: $703,800Liabilities 2012: $258,145Net Assets 2012: $445,6552012Assets 2013: $714,157Liabilities 2013: $289,307Net Assets 2013: $424,8502013Assets 2014: $679,261Liabilities 2014: $357,594Net Assets 2014: $321,6672014Assets 2015: $663,121Liabilities 2015: $369,234Net Assets 2015: $293,8872015Assets 2016: $699,738Liabilities 2016: $333,687Net Assets 2016: $366,0512016Assets 2017: $653,518Liabilities 2017: $284,201Net Assets 2017: $369,3172017Assets 2018: $665,788Liabilities 2018: $268,274Net Assets 2018: $397,5142018Assets 2019: $642,765Liabilities 2019: $292,399Net Assets 2019: $350,3662019Assets 2020: $795,828Liabilities 2020: $399,499Net Assets 2020: $396,3292020Assets 2021: $854,045Liabilities 2021: $420,380Net Assets 2021: $433,6652021Assets 2022: $1,041,938Liabilities 2022: $383,742Net Assets 2022: $658,1962022Assets 2023: $933,995Liabilities 2023: $373,338Net Assets 2023: $560,6572023Assets 2024: $810,646Liabilities 2024: $312,414Net Assets 2024: $498,2322024

Highlighted filing

2019

Assets$642,765
Liabilities$292,399
Net Assets$350,366

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $377,018Expenses 2010: $408,782Net Income 2010: -$31,7642010Revenue 2011: $425,572Expenses 2011: $453,622Net Income 2011: -$28,0502011Revenue 2012: $527,644Expenses 2012: $543,221Net Income 2012: -$15,5772012Revenue 2013: $621,905Expenses 2013: $642,710Net Income 2013: -$20,8052013Revenue 2014: $597,146Expenses 2014: $700,329Net Income 2014: -$103,1832014Revenue 2015: $534,269Expenses 2015: $562,049Net Income 2015: -$27,7802015Revenue 2016: $672,408Expenses 2016: $600,244Net Income 2016: $72,1642016Revenue 2017: $509,394Expenses 2017: $526,345Net Income 2017: -$16,9512017Revenue 2018: $553,164Expenses 2018: $524,967Net Income 2018: $28,1972018Revenue 2019: $484,364Expenses 2019: $531,512Net Income 2019: -$47,1482019Revenue 2020: $566,150Expenses 2020: $520,187Net Income 2020: $45,9632020Revenue 2021: $410,001Expenses 2021: $372,665Net Income 2021: $37,3362021Revenue 2022: $773,409Expenses 2022: $548,878Net Income 2022: $224,5312022Revenue 2023: $629,718Expenses 2023: $727,257Net Income 2023: -$97,5392023Revenue 2024: $716,570Expenses 2024: $778,995Net Income 2024: -$62,4252024

Highlighted filing

2019

Revenue$484,364
Expenses$531,512
Net Income-$47,148
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 3, 2020
Return Version
2018v3.1
Gross Receipts
$495,541
Mission and Program Overview

Mission

Founded in 1991, is183 art school of the berkshires is a nonprofit community art school encouraging peaople of all ages, means and skill levels to enrich their lives through hands on experience in the visual arts. The art school's reach extends throughout berkshire county and neighboring states to attract 2,500 people per year to year-round programs in ceramics, painting, drawing, fiber arts, sculpture, animation, mixed media, photography, collage, jewelry, and more for children, teens and adults at locations throughout berkshire county. With the learning through arts program, launched in 2007, is183 brings an innovative arts educatons curriculum to more than 1,250 area elementary, middle and high school students which promotes creative thinking, problem solving, experimentation and collaboration - skills that resonate long after students have left the classroom.

Founded in 1991, is183 art school of the berkshires is a nonprofit community art school encourating people of all ages, means and skill levels to enrich their lives through hands on experience in the visual arts. The art school's reach extends throughout berkshire county and neighboring states to attract 2,500 people per year to year-round programs in ceramics, painting, drawing, fiber arts, sculpture, animations, mixed media, photography, collage, jewelry, and more for children, teens and adults at locations throughout berkshire county. With the learning through arts program, launched in 2007, is183 brings an innovative arts education curriculum to more than 1,250 area elementary, middle and high school students which promotes creative thinking, problem solving, experimentation and collabaration - skills that resonate long after students have left the classroom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$556,764$535,425▼ $21,339
Savings and Temporary Cash Investments$73,462$90,608▲ $17,146
Accounts Receivable$22,583--
Prepaid Expenses and Deferred Charges$11,979$15,732▲ $3,753
Total Assets$665,788$642,765▼ $23,023
Other Assets Total$1,000$1,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$147,737$142,796▼ $4,941
Deferred Revenue$102,812$120,575▲ $17,763
Accounts Payable and Accrued Expenses$17,725$29,028▲ $11,303
Total Liabilities$268,274$292,399▲ $24,125
Net Assets / Fund Balance
Unrestricted Net Assets$283,915$278,910▼ $5,005
Temporarily Rstr Net Assets$113,599$71,456▼ $42,143
Total Net Assets Fund Balance$397,514$350,366▼ $47,148
Total Liabilities and Net Assets / Fund Balance$665,788$642,765▼ $23,023

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$285,438$261,062$546,500
Buildings$143,750$81,250$225,000
Land$100,000-$100,000
Other Land Buildings$0$38,914$38,914
Equipment$6,237$4,231$10,468
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lucie CastaldoExecutive DirectorFT$60,350$60,350

Board Members and Trustees

NameTitle
See Attached ListBoard of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$176,181
Program Service Revenue
$284,884
Investment Income
$14
Other Revenue
$23,285
All Other Contributions
$97,113
Change in Net Assets
$-47,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$352,301
Other Expenses$179,211
Total Fundraising Expense$39,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,557$80,478$8,842$247,877
Current Officers, Directors, Trustees, and Key Employees$38,624$19,612$2,114$60,350
Payroll Taxes$18,922$7,894$940$27,756
Occupancy$1,750$21,372$0$23,122
Fees for Services Accounting$0$18,246$4,160$22,406
Depreciation Depletion$0$21,339$0$21,339
Other Employee Benefits$0$16,318$0$16,318
All Other Expenses$3,001$4,650$4,322$11,973
Insurance$0$8,479$0$8,479
Other Expenses$0$8,384$0$8,384
Interest$0$7,692$0$7,692
Information Technology$0$4,817$0$4,817
Advertising$0$0$2,464$2,464
Total Functional Expenses$271,195$221,293$39,024$531,512
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,737
Fundraising Direct Expenses$11,177
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$22,737$22,737$7,127$15,610
Total Events$22,737$22,737$11,177$11,560
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Is183 Inc Art School of the Berkshires
EIN
04-3132409
Phone
4132985252
Address
PO BOX 1400, STOCKBRIDGE, MA 01262-1400

Signing Officer

Name
Andy Foster
Title
President
Phone
4132985252
Signed
2020-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Foster
Formed
1991
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
53
Volunteers
35

Preparer

Firm
Furlano & Arace Pc
Address
386 SOUTH STREET, PITTSFIELD, MA 01201
Preparer
Christine a Arace CPA
Phone
4134990207
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board of directors to review form

Pt VI, Line 15A

Review by board in executive session

Form 990, Part IX, Line 24E

POSTAGE 663. 0. 654. 9.

Form 990, Part IX, Line 24E

Miscellaneous 5622. 544. 3996. 1082.

Form 990, Part IX, Line 24E

Website expense 3231. 0. 0. 3231.

Form 990, Part IX, Line 24E

Program expense 2457. 2457. 0. 0.

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IRS990/PYOtherRevenueAmt054724
IRS990/PYProgramServiceRevenueAmt0308122
IRS990/PYRevenuesLessExpensesAmt028197
IRS990/PYSalariesCompEmpBnftPaidAmt0342908
IRS990/PYTotalExpensesAmt0524967
IRS990/PYTotalRevenueAmt0553164
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-47148
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt073462
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090608
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IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt081250
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0225000
IRS990ScheduleD/EquipmentGrp/BookValueAmt06237
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04231
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010468
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0285438
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0261062
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0546500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038914
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038914
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0535425
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0450
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022737
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022737
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011560
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07127
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07127
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03600
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03600
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS TO REVIEW FORM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW BY BOARD IN EXECUTIVE SESSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0268274
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IRS990/TotalLiabilitiesGrp/BOYAmt0268274
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0284884
IRS990/TotalReportableCompFromOrgAmt060350
IRS990/TotalRevenueGrp/ExclusionAmt011560
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0296623
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0484364
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0665788
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IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0283915
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0278910
IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001266
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDY FOSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04132985252
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IS183 INC ART SCHOOL OF THE BERKSHIRES
ReturnHeader/Filer/BusinessNameControlTxt0IS18
ReturnHeader/Filer/EIN0043132409
ReturnHeader/Filer/PhoneNum04132985252
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1400
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.103.178.130
ReturnHeader/FilingSecurityInformation/IPDt02020-05-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:57:47

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.31$0.50$0.72$0.78$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.37$0.56$0.63$0.73$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.38$0.66$0.77$0.55$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.42$0.43$0.41$0.37$0.04
2020Summary only. Only limited summary data is available for this year.$0.80$0.40$0.40$0.57$0.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.29$0.35$0.48$0.53$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.27$0.40$0.55$0.52$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.28$0.37$0.51$0.53$0.02
2016Summary only. Only limited summary data is available for this year.$0.70$0.33$0.37$0.67$0.60$0.07
2015Summary only. Only limited summary data is available for this year.$0.66$0.37$0.29$0.53$0.56$0.03
2014Summary only. Only limited summary data is available for this year.$0.68$0.36$0.32$0.60$0.70$0.10
2013Summary only. Only limited summary data is available for this year.$0.71$0.29$0.42$0.62$0.64$0.02
2012Summary only. Only limited summary data is available for this year.$0.70$0.26$0.45$0.53$0.54$0.02
2011Summary only. Only limited summary data is available for this year.$0.71$0.26$0.46$0.43$0.45$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.27$0.48$0.38$0.41$0.03