Civic Intelligence

Handshouse Studio Inc.

990PF • Fiscal year 2021 • EIN 04-3715575

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 16, 2022

8 Meadow Farm WayNorwell, MA 02061

(781) 492-3811

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

14th percentile

-42%

Higher net margin than 14% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$35,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 71.1% of source-year revenue.

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

23rd percentile

-11%

Faster asset growth than 23% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-80%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$166,334

Down $20,781 (-11%) from 2020

Net Assets

Down

$166,334

Down $20,781 (-11%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$49,223

Down $200,909 (-80%) from 2020

Expenses

Down

$70,004

Down $21,620 (-24%) from 2020

Net Income

Down

-$20,781

Down $179,289 (-113%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $144,090Liabilities 2011: $94,9582011Assets 2012: $421,492Liabilities 2012: $124,009Net Assets 2012: $297,4832012Assets 2013: $345,693Liabilities 2013: $77,393Net Assets 2013: $268,3002013Assets 2014: $251,076Liabilities 2014: $10,511Net Assets 2014: $240,5652014Assets 2015: $200,465Liabilities 2015: $0Net Assets 2015: $200,4652015Assets 2016: $200,481Liabilities 2016: $75,728Net Assets 2016: $124,7532016Assets 2017: $178,217Liabilities 2017: $49,200Net Assets 2017: $129,0172017Assets 2018: $113,057Liabilities 2018: $21,000Net Assets 2018: $92,0572018Assets 2020: $187,115Liabilities 2020: $0Net Assets 2020: $187,1152020Assets 2021: $166,334Liabilities 2021: $0Net Assets 2021: $166,3342021Assets 2022: $92,180Liabilities 2022: $0Net Assets 2022: $92,1802022Assets 2023: $74,535Liabilities 2023: $0Net Assets 2023: $74,5352023Assets 2024: $45,465Liabilities 2024: $0Net Assets 2024: $45,4652024

Highlighted filing

2021

Assets$166,334
Liabilities$0
Net Assets$166,334

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $518,389Expenses 2011: $473,468Net Income 2011: $44,9212011Expenses 2012: $355,5152012Revenue 2013: $312,578Expenses 2013: $341,761Net Income 2013: -$29,1832013Revenue 2014: $135,582Expenses 2014: $163,317Net Income 2014: -$27,7352014Revenue 2015: $92,168Expenses 2015: $132,268Net Income 2015: -$40,1002015Revenue 2016: $75,306Expenses 2016: $151,018Net Income 2016: -$75,7122016Revenue 2017: $106,997Expenses 2017: $102,733Net Income 2017: $4,2642017Revenue 2018: $10,214Expenses 2018: $60,374Net Income 2018: -$50,1602018Revenue 2020: $250,132Expenses 2020: $91,624Net Income 2020: $158,5082020Revenue 2021: $49,223Expenses 2021: $70,004Net Income 2021: -$20,7812021Revenue 2022: $60,982Expenses 2022: $135,136Net Income 2022: -$74,1542022Revenue 2023: $60,556Expenses 2023: $78,201Net Income 2023: -$17,6452023Revenue 2024: $43,770Expenses 2024: $72,839Net Income 2024: -$29,0692024

Highlighted filing

2021

Revenue$49,223
Expenses$70,004
Net Income-$20,781
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 16, 2022
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARIE BROWNExecutive DiPT$35,000-$35,000
RICK BROWNDirector/PreFT$0--
LAURA BROWNDirector/TreFT$0--
ROBERT DUARTEBoard Member-$0--
JOEL C MCCARTYBoard Member-$0--
ADRIANA KATZEWBoard Member-$0--
NATHAN SPUNTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Handshouse Studio Inc
EIN
04-3715575
Phone
7814923811
Address
8 MEADOW FARM WAY, NORWELL, MA 02061

Signing Officer

Name
Laura Brown
Title
Director/treasurer
Phone
7814923811
Signed
2022-02-16
Discuss with paid preparer
Yes

Preparer

Firm
Prepared Accounting Inc
Address
16 ARMORY ST STE 1, NORTHAMPTON, MA 01060
Preparer
Nicholas Carella
Phone
4133456767
Raw XML Appendix398 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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IRS990PF/PrivateOperatingFoundationsGrp/Pct85LessorAdjIncmOrMinRetGrp/Year2Amt02477
IRS990PF/PrivateOperatingFoundationsGrp/PrivateOperatingFndtnRulingDt02004-03-04
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/CurrentYearAmt069328
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/TotalAmt0304620
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year1Amt088007
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year2Amt088721
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year3Amt058564
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/CurrentYearAmt069328
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/TotalAmt0304620
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/Year1Amt088007
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/Year2Amt088721
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/Year3Amt058564
IRS990PF/PrivateOperatingFoundationsGrp/Section4942j3Ind0X
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/CurrentYearAmt05429
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/TotalAmt011577
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/Year1Amt04205
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/Year2Amt01943
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt069328
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt069328
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt069328
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0HANDSHOUSE STUDIO IS A NON-PROFIT, INNOVATIVE, EDUCATIONAL
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt1ORGANIZATION THAT CREATES ADVENTUROUS HANDS-ON PROJECTS
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt2THROUGH COMMUNITY SERVICE, BUILDING PROJECTS WITH
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt3NON PROFIT PARTNERS AROUND THE WORLD AS A WAY TO
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt4EXPLORE HISTORY, UNDERSTAND SCIENCE, & PERPETUATE THE ARTS
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt5SAME AS 1A
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt6HANDSHOUSE REACHES LARGE AUDIENCES REGIONALLY, NATIONALLY,
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt7AND INTERNATIONALLY THROUGH EXHIBITIONS, LECTURES, FILMS,
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt8WORKSHOPS AND PUBLICATIONS
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IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
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IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
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IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
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IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0LAURA BROWN
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt08 MEADOW FARM WAY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0NORWELL
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0MA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd002061
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IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0MA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum07814923811
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0true
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.HANDSHOUSE.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0NOTRE DAME PROJECT- A HANDS-ON PROJECT TO RECONSTRUCT HAND-HEWN WOODEN TRUSSES MODELED AFTER THOSE THAT ONCE SUPPORTED THE ROOF OF THE NOTRE DAME DE PARIS CATHEDRAL.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0BANJO PROJECT - A HANDS-ON LEARNING INITIATIVE OFFERING WORKSHOPS AND EXHIBITIONS EXPLORING THE MATERIAL CUTLURE AND CONTEXT OF HISTORIC GOURD BANJOS IN THE AMERICAS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0SYNAGOGUE PROJECT - BUILDING A DIGITAL ARCHIVE/VIRTUAL TOUR OF THE GWOZDZIEC SYNAGOGUGE PROJECT, TO MAKE THE PROJECT RESEARCH ACCESSIBLE TO THE GENERAL PUBLIC.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt011384
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt050
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses3Amt042
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt069328
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt069328
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt069328
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0C H SMITH FAMILY FUND
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0780 JOHNSON FERRY ROAD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2Txt0SUITE 800
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0ATLANTA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0GA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd030342
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt05000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt047181
LandEtcSchedule2/LandEtcGrp/BookValueAmt01350
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt048531
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt020000
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3PROGRAM EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4CONTRACTORS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5OFFICE SUPPLIES AND SOFTWARE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6PAYROLL PROCESSING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7UTILITIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8DUES & SUBSCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0113
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1174
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt212274
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt34267
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt47569
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt5954
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt6382
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt747
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0113
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1174
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt212274
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt34267
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt47569
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt5954
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt6382
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt747
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt013500
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt1300
OtherIncomeSchedule2/OtherIncomeDetail/Desc0PROGRAM FEES
OtherIncomeSchedule2/OtherIncomeDetail/Desc1PRESENTATION AND EXHIBITION
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt013500
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1300
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt01025
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0INDIRECT OTHER PROFESSIONAL FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt01025
SalesOfInventoryList/InventorySaleGrp/CostOfGoodsSoldAmt0210
SalesOfInventoryList/InventorySaleGrp/GrossSalesAmt0825
SalesOfInventoryList/InventorySaleGrp/NetAmt0615
TaxesSchedule/TaxesDetail/Amt0144
TaxesSchedule/TaxesDetail/CategoryTxt0INDIRECT TAXES/LICENSES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt0144
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07814923811
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANDSHOUSE STUDIO INC
ReturnHeader/Filer/BusinessNameControlTxt0HAND
ReturnHeader/Filer/EIN0043715575
ReturnHeader/Filer/PhoneNum07814923811
ReturnHeader/Filer/USAddress/AddressLine1Txt08 MEADOW FARM WAY
ReturnHeader/Filer/USAddress/CityNm0NORWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002061
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462051441
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PREPARED ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 ARMORY ST STE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHAMPTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001060
ReturnHeader/PreparerPersonGrp/PhoneNum04133456767
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICHOLAS CARELLA
ReturnHeader/ReturnTs02022-02-16T12:51:32-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAURA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BROWN
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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