Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Inner Life Studies Inc
990EZ • Fiscal year 2013 • EIN 06-1613670
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$45,472
Down $9,254 (-17%) from 2012
Net Assets
$43,750
No earlier filing loaded for comparison.
Liabilities
Up$1,722
Up $49 (+2.9%) from 2012
Revenue And Expenses
Revenue
Down$24,767
Down $29,425 (-54%) from 2012
Expenses
Up$34,070
Up $8,346 (+32%) from 2012
Net Income
Down-$9,303
Down $37,771 (-133%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 10, 2014
- Return Version
- 2013v3.0
- Gross Receipts
- $34,461
Mission and Program Overview
Mission
To change the way the arts are created and experienced by fostering collaberative innovation accross artistic genres and generations, promoting immersive multi-genre arts events,and encouraging experimental methods and ideas that can expand the idea of what the arts can be.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Arts Immersion Salons - Based on Salons of old with a contemporary edge, each salon is a mix of art, music, film, performance, food & wine and include collaberation between arts genres and between established and new artists. | $0 | $16,594 |
| Innovation workshops - Allows artists and community organizations to explore new territory in how to create art accross all genres and/or how to develop new ideas through innovation. | $0 | $3,067 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Frederic Chiu | President | PT | $0 | - | - |
| Jeanine Esposito | Vice President | PT | $0 | - | - |
| Loretta Shih Chiu | Secretary | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Total Events | $10,138 | $10,138 | $9,694 | $444 |
Filing and Contact Details
Filer
- EIN
- 06-1613670
- Phone
- 2032269462
Signing Officer
- Name
- Frederic Chiu
- Title
- President
- Phone
- 2032269462
- Signed
- 2014-11-10
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Nathaniel S Yordon CPA
- Phone
- 2032547000
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 4 - Other Investment Income
“Description: Citibank Certificate of Deposit. Amount: 17.”
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: Commissions-Art Sales. Amount: 2,906.”
Form 990-EZ, Part I, Line 14
“Description: Depreciation. Amount: 324. Description: Other Expenses. Amount: 17,213. Total to Form 990-EZ, line 14: 17,537.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Food and Drinks. Amount: 615. Description: Travel & Meetings. Amount: 752. Description: Development. Amount: 750. Description: Setup Expenses. Amount: 430. Description: Cleaning. Amount: 1,225. Description: Office Supplies . Amount: 2,065. Description: Bank Charges. Amount: 1,137. Description: Registration Fees. Amount: 239. Description: Commissions. Amount: 350. Description: Outside Services. Amount: 2,819. Description: Equipment expense. Amount: 591. Total to Form 990-EZ, line 16: 10,973.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Security Deposit. Beg. of Year Amount: 0. End of Year Amount: 975. Description: Other Depreciable Assets. Beg. of Year Amount: 0. End of Year Amount: 2,918.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: CitiCard Credit Card. Beg. of Year Amount: 1,673. End of Year Amount: 1,722.”
Raw XML Appendix168 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | Frederic Chiu |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2032269462 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 52 Weston Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | Westport |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 06880 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 54726 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 41579 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 14800 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9303 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4500 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 54726 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 45472 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 10138 |
| IRS990EZ/GrossReceiptsAmt | 0 | 34461 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 17 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 53053 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43750 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 53053 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43750 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 17537 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Frederic Chiu |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Jeanine Esposito |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Loretta Shih Chiu |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3893 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10973 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2906 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To change the way the arts are created and experienced by fostering collaberative innovation accross artistic genres and generations, promoting immersive multi-genre arts events,and encouraging experimental methods and ideas that can expand the idea of what the arts can be. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1060 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 6600 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Arts Immersion Salons - Based on Salons of old with a contemporary edge, each salon is a mix of art, music, film, performance, food & wine and include collaberation between arts genres and between established and new artists. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Innovation workshops - Allows artists and community organizations to explore new territory in how to create art accross all genres and/or how to develop new ideas through innovation. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 16594 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 3067 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 9694 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 444 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1673 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1722 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 34070 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 19661 |
| IRS990EZ/TotalRevenueAmt | 0 | 24767 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/WebsiteAddressTxt | 0 | beechwoodarts.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 14800 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20814 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 35614 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 17 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 14 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 31 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 60763 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 2906 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4575 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 7481 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 35614 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 14800 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20814 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 35614 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 43126 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 9694 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt | 0 | 2879 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 2879 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt | 0 | 10138 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 10138 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt | 0 | 10138 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 10138 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 444 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt | 0 | 1815 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 1815 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt | 0 | 3 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt | 0 | 5000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 5000 |
| IRS990ScheduleG/SpecialFundraisingEventsInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Citibank Certificate of Deposit. Amount: 17. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Commissions-Art Sales. Amount: 2,906. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Depreciation. Amount: 324. Description: Other Expenses. Amount: 17,213. Total to Form 990-EZ, line 14: 17,537. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Food and Drinks. Amount: 615. Description: Travel & Meetings. Amount: 752. Description: Development. Amount: 750. Description: Setup Expenses. Amount: 430. Description: Cleaning. Amount: 1,225. Description: Office Supplies . Amount: 2,065. Description: Bank Charges. Amount: 1,137. Description: Registration Fees. Amount: 239. Description: Commissions. Amount: 350. Description: Outside Services. Amount: 2,819. Description: Equipment expense. Amount: 591. Total to Form 990-EZ, line 16: 10,973. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: Security Deposit. Beg. of Year Amount: 0. End of Year Amount: 975. Description: Other Depreciable Assets. Beg. of Year Amount: 0. End of Year Amount: 2,918. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description: CitiCard Credit Card. Beg. of Year Amount: 1,673. End of Year Amount: 1,722. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Other Investment Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 8 - Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The 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/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Frederic Chiu |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2032269462 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | Beechwood Arts Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BEEC |
| ReturnHeader/Filer/EIN | 0 | 061613670 |
| ReturnHeader/Filer/PhoneNum | 0 | 2032269462 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 52 Weston Road |
| ReturnHeader/Filer/USAddress/City | 0 | Westport |
| ReturnHeader/Filer/USAddress/State | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 06880 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061415579 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | Capossela Cohen LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 368 Center Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | Southport |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 06890 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2032547000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Nathaniel S Yordon CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-12T11:19:34-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $45,472
- Liabilities
- $1,722
- Net assets
- $43,750
- Revenue
- $24,767
- Expenses
- $34,070
- Net income
- -$9,303