Civic Intelligence

Wethersfield Academy for the Arts Inc

990EZ • Fiscal year 2020 • EIN 05-0633432

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 23, 2021

431 Hartford AvenueWethersfield, CT 06109-1214

(860) 436-9857

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-4.0%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

35th percentile

-32%

Faster revenue growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$37,862

Down $1,573 (-4.0%) from 2019

Net Assets

Down

$37,552

Down $1,573 (-4.0%) from 2019

Liabilities

Flat

$310

Flat from 2019

Revenue

Down

$79,737

Down $36,671 (-32%) from 2019

Expenses

Down

$80,479

Down $36,902 (-31%) from 2019

Net Income

Up

-$742

Up $231 (+24%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2013: $5,770Liabilities 2013: $882013Assets 2014: $5,809Liabilities 2014: $02014Assets 2015: $16,488Liabilities 2015: $02015Assets 2016: $24,499Liabilities 2016: $02016Assets 2017: $39,323Liabilities 2017: $02017Assets 2018: $41,596Liabilities 2018: $02018Assets 2019: $39,435Liabilities 2019: $310Net Assets 2019: $39,1252019Assets 2020: $37,862Liabilities 2020: $310Net Assets 2020: $37,5522020Assets 2021: $33,053Liabilities 2021: $310Net Assets 2021: $32,7432021Assets 2022: $26,717Liabilities 2022: $310Net Assets 2022: $26,4072022Assets 2023: $38,527Liabilities 2023: $310Net Assets 2023: $38,2172023Assets 2024: $38,995Liabilities 2024: $310Net Assets 2024: $38,6852024

Highlighted filing

2020

Assets$37,862
Liabilities$310
Net Assets$37,552

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $71,148Expenses 2013: $66,362Net Income 2013: $4,7862013Revenue 2014: $70,610Expenses 2014: $70,483Net Income 2014: $1272014Revenue 2015: $93,494Expenses 2015: $82,815Net Income 2015: $10,6792015Revenue 2016: $119,837Expenses 2016: $109,881Net Income 2016: $9,9562016Revenue 2017: $133,731Expenses 2017: $118,968Net Income 2017: $14,7632017Revenue 2018: $123,139Expenses 2018: $121,079Net Income 2018: $2,0602018Revenue 2019: $116,408Expenses 2019: $117,381Net Income 2019: -$9732019Revenue 2020: $79,737Expenses 2020: $80,479Net Income 2020: -$7422020Revenue 2021: $86,260Expenses 2021: $85,773Net Income 2021: $4872021Revenue 2022: $107,839Expenses 2022: $111,430Net Income 2022: -$3,5912022Revenue 2023: $101,256Expenses 2023: $92,489Net Income 2023: $8,7672023Revenue 2024: $110,950Expenses 2024: $106,138Net Income 2024: $4,8122024

Highlighted filing

2020

Revenue$79,737
Expenses$80,479
Net Income-$742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 23, 2021
Return Version
2020v4.0
Gross Receipts
$88,645
Mission and Program Overview

Mission

Provide art classes, workshops and lectures

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES OPPORTUNITIES IN ART CLASSES, WORKSHOPS, AND ART LECTURES, NOVICE THROUGH PROFESSIONAL, TO BENEFIT FROM STUDY, APPRENTICESHIP, EXHIBITION AND PERFORMANCE.-$66,604
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK WASIELEWSKIChairman Bod-$0--
IRENE BRARENTreasurerPT$0--
FRANK SORANOSecretary-$0--
MATT WYNNEBoard Member-$0--
YOLANDA ANTONIAKBoard MemberPT$0--
PAULA RICHERBorad Member-$0--
DARRYL OATESBoard Member-$0--
DEBORAH WHITEBoard Member-$0--
CHARLES STEWARTBoard Member-$0--
LAILA MANDOURBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Wethersfield Academy for the Arts
EIN
05-0633432
Phone
8604369857
Address
431 HARTFORD AVENUE, WETHERSFIELD, CT 06109-1214

Signing Officer

Name
Mark Wasielewski
Title
Chairman Bod
Phone
8604369857
Signed
2021-08-23
Discuss with paid preparer
Yes

Preparer

Firm
Mark Antoniak
Address
38 BUTTERNUT CIR, WETHERSFIELD, CT 06109
Preparer
Mark J Antoniak
Phone
8608814360
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 2,286 insurance 1,246 software expense 1,566 bank service charge 1 program expense 1,909 professional devlopment 1,000 total 8,008

Form 990-ez, Part I, Line 20

Prior year adjustment -831

Form 990-ez, Part II, Line 24

Office/studio equipment 675 675 total 675 675

Form 990-ez, Part II, Line 26

PREPAID EXPENSES 310 310

Raw XML Appendix203 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3MATT WYNNE
CompensationExplanation/CompensationExplanationGrp/PersonNm4YOLANDA ANTONIAK
CompensationExplanation/CompensationExplanationGrp/PersonNm5PAULA RICHER
CompensationExplanation/CompensationExplanationGrp/PersonNm6DARRYL OATES
CompensationExplanation/CompensationExplanationGrp/PersonNm7DEBORAH WHITE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0675
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0675
IRS990EZ/OtherChangesInNetAssetsAmt0-831
IRS990EZ/OtherExpensesTotalAmt08008
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE ART CLASSES, WORKSHOPS AND LECTURES
IRS990EZ/PrintingPublicationsPostageAmt0368
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt066604
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SpecialEventsDirectExpensesAmt08908
IRS990EZ/SpecialEventsNetIncomeLossAmt0-1702
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0310
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt080479
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://WWW.WETHERSFIELDARTS.ORG/
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt071368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt059830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0102149
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 2,286 INSURANCE 1,246 SOFTWARE EXPENSE 1,566 BANK SERVICE CHARGE 1 PROGRAM EXPENSE 1,909 PROFESSIONAL DEVLOPMENT 1,000 TOTAL 8,008
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR ADJUSTMENT -831
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICE/STUDIO EQUIPMENT 675 675 TOTAL 675 675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES 310 310
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK WASIELEWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN BOD
ReturnHeader/BusinessOfficerGrp/PhoneNum08604369857
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WETHERSFIELD ACADEMY FOR THE ARTS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0WETH
ReturnHeader/Filer/EIN0050633432
ReturnHeader/Filer/PhoneNum08604369857
ReturnHeader/Filer/USAddress/AddressLine1Txt0431 HARTFORD AVENUE
ReturnHeader/Filer/USAddress/CityNm0WETHERSFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd0061091214
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARK ANTONIAK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt038 BUTTERNUT CIR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WETHERSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006109
ReturnHeader/PreparerPersonGrp/PhoneNum08608814360
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK J ANTONIAK
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-02T21:38:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WASIELEWSKI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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