Civic Intelligence

The Studio 878 Trust

990EZ • Fiscal year 2019 • EIN 04-6898363

Sep 01, 2018 to Aug 31, 2019 • Filed on Feb 27, 2020

Organization ProfileN/A
878 Main StreetChatham, MA 02633

(508) 945-8780

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-75%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-48%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

17th percentile

-31%

Faster revenue growth than 17% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$13,314

Down $12,199 (-48%) from 2018

Net Assets

Down

$13,314

Down $12,199 (-48%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin6th percentile

Revenue

Down

$16,289

Down $7,349 (-31%) from 2018

Expenses

Up

$28,488

Up $10,214 (+56%) from 2018

Net Income

Down

-$12,199

Down $17,563 (-327%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$30K$20K$10K$0Assets 2011: $1,058Liabilities 2011: $02011Assets 2012: $1,637Liabilities 2012: $02012Assets 2013: $1,952Liabilities 2013: $02013Assets 2014: $1,591Liabilities 2014: $02014Assets 2015: $1,697Liabilities 2015: $02015Assets 2016: $8,343Liabilities 2016: $02016Assets 2017: $20,149Liabilities 2017: $0Net Assets 2017: $20,1492017Assets 2018: $25,513Liabilities 2018: $0Net Assets 2018: $25,5132018Assets 2019: $13,314Liabilities 2019: $0Net Assets 2019: $13,3142019Assets 2021: $23,686Liabilities 2021: $0Net Assets 2021: $23,6862021

Highlighted filing

2019

Assets$13,314
Liabilities$0
Net Assets$13,314
Open 2019 Filing

Operations Trend

Revenue Growth17th percentile

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

$40K$20K$0-$20KRevenue 2011: $11,749Expenses 2011: $14,163Net Income 2011: -$2,4142011Revenue 2012: $6,945Expenses 2012: $6,366Net Income 2012: $5792012Revenue 2013: $3,074Expenses 2013: $2,759Net Income 2013: $3152013Revenue 2014: $5,880Expenses 2014: $6,241Net Income 2014: -$3612014Revenue 2015: $4,159Expenses 2015: $4,053Net Income 2015: $1062015Revenue 2016: $11,675Expenses 2016: $5,029Net Income 2016: $6,6462016Revenue 2017: $25,774Expenses 2017: $13,968Net Income 2017: $11,8062017Revenue 2018: $23,638Expenses 2018: $18,274Net Income 2018: $5,3642018Revenue 2019: $16,289Expenses 2019: $28,488Net Income 2019: -$12,1992019Revenue 2021: $24,899Expenses 2021: $20,351Net Income 2021: $4,5482021

Highlighted filing

2019

Revenue$16,289
Expenses$28,488
Net Income-$12,199
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Feb 27, 2020
Return Version
2018v3.1
Gross Receipts
$16,289
Mission and Program Overview

Mission

Education and training in the areas of dance, creative movement, composition choreography and production of dance performances.

Program Services

DescriptionGrantsExpenses
DANCE INSTRUCTION, PRODUCTION AND PROVIDING STUDIO SPACE FOR PERFORMING ARTS$175$27,877
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADAM SPENCERPresident-$0--
BENEDETTO DICECCASecretary-$0--
GHISLAINE LACERTETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Studio 878 Trust
EIN
04-6898363
Phone
5089458780
Address
878 MAIN STREET, CHATHAM, MA 02633

Signing Officer

Name
Adam Spencer
Title
President
Phone
5089458780
Signed
2020-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Lamb Mason Bulger & Co Pc
Address
PO BOX 1233, WEST CHATHAM, MA 02669-1233
Preparer
Richard F Bulger
Phone
5089453575
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising. Amount: 284. Description: bank charges. Amount: 25. Description: filing fees. Amount: 35. Description: insurance. Amount: 855. Description: equipment rental. Amount: 300. Description: competition. Amount: 5,715. Description: youth program. Amount: 2,904. Description: costumes. Amount: 662. Description: instructors. Amount: 15,758. Description: dance scholarship. Amount: 175. Total to form 990-ez, line 16: 26,713.”

Raw XML Appendix155 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/ActivitiesNotPreviouslyRptInd00
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IRS990EZ/BooksInCareOfDetail/PhoneNum05089458780
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0878 MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHATHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002633
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025513
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013314
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IRS990EZ/ContributionsGiftsGrantsEtcAmt016009
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-12199
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt016289
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025513
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013314
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013314
IRS990EZ/OccupancyRentUtltsAndMaintAmt01225
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ADAM SPENCER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BENEDETTO DICECCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GHISLAINE LACERTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt026713
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION AND TRAINING IN THE AREAS OF DANCE, CREATIVE MOVEMENT, COMPOSITION CHOREOGRAPHY AND PRODUCTION OF DANCE PERFORMANCES.
IRS990EZ/ProgramServiceRevenueAmt0280
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DANCE INSTRUCTION, PRODUCTION AND PROVIDING STUDIO SPACE FOR PERFORMING ARTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0175
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027877
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt028488
IRS990EZ/TotalProgramServiceExpensesAmt027877
IRS990EZ/TotalRevenueAmt016289
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015144
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt012101
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt051629
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08494
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt013673
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt029906
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt081535
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016289
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt023638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt025774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04159
IRS990ScheduleA/Total509Grp/TotalAmt081535
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016289
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt023638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt025774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04159
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt081535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING. AMOUNT: 284. DESCRIPTION: BANK CHARGES. AMOUNT: 25. DESCRIPTION: FILING FEES. AMOUNT: 35. DESCRIPTION: INSURANCE. AMOUNT: 855. DESCRIPTION: EQUIPMENT RENTAL. AMOUNT: 300. DESCRIPTION: COMPETITION. AMOUNT: 5,715. DESCRIPTION: YOUTH PROGRAM. AMOUNT: 2,904. DESCRIPTION: COSTUMES. AMOUNT: 662. DESCRIPTION: INSTRUCTORS. AMOUNT: 15,758. DESCRIPTION: DANCE SCHOLARSHIP. AMOUNT: 175. TOTAL TO FORM 990-EZ, LINE 16: 26,713.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05089458780
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE STUDIO 878 TRUST
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0046898363
ReturnHeader/Filer/PhoneNum05089458780
ReturnHeader/Filer/USAddress/AddressLine1Txt0878 MAIN STREET
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ReturnHeader/FilingSecurityInformation/IPDt02020-02-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm018:02:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042714253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAMB MASON BULGER & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1233
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST CHATHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0026691233
ReturnHeader/PreparerPersonGrp/PhoneNum05089453575
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD F BULGER
ReturnHeader/ReturnTs02020-04-27T11:16:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,314
Liabilities
$0
Net assets
$13,314
Revenue
$16,289
Expenses
$28,488
Net income
-$12,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$23.7$0.00$23.7$24.9$20.4$4.55
2019Detailed filing. Detailed filing data is available for this year.$13.3$0.00$13.3$16.3$28.5$12.2
2018Detailed filing. Detailed filing data is available for this year.$25.5$0.00$25.5$23.6$18.3$5.36
2017Detailed filing. Detailed filing data is available for this year.$20.1$0.00$20.1$25.8$14.0$11.8
2016Summary only. Only limited summary data is available for this year.$8.34$0.00$11.7$5.03$6.65
2015Summary only. Only limited summary data is available for this year.$1.70$0.00$4.16$4.05$0.11
2014Summary only. Only limited summary data is available for this year.$1.59$0.00$5.88$6.24$0.36
2013Summary only. Only limited summary data is available for this year.$1.95$0.00$3.07$2.76$0.32
2012Summary only. Only limited summary data is available for this year.$1.64$0.00$6.95$6.37$0.58
2011Summary only. Only limited summary data is available for this year.$1.06$0.00$11.7$14.2$2.41