Civic Intelligence

Inner Life Studies Inc

990EZ • Fiscal year 2014 • EIN 06-1613670

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

52 Weston RoadWestport, CT 06880

(203) 226-9462

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

3rd percentile

-216%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

8th percentile

-53%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-58%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$21,476

Down $23,996 (-53%) from 2013

Net Assets

Down

$21,251

Down $22,499 (-51%) from 2013

Liabilities

Down

$225

Down $1,497 (-87%) from 2013

Revenue

Down

$10,393

Down $14,374 (-58%) from 2013

Expenses

Down

$32,892

Down $1,178 (-3.5%) from 2013

Net Income

Down

-$22,499

Down $13,196 (-142%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $54,726Liabilities 2012: $1,6732012Assets 2013: $45,472Liabilities 2013: $1,722Net Assets 2013: $43,7502013Assets 2014: $21,476Liabilities 2014: $225Net Assets 2014: $21,2512014Assets 2015: $45,790Liabilities 2015: $1,500Net Assets 2015: $44,2902015Assets 2016: $40,316Liabilities 2016: $1,649Net Assets 2016: $38,6672016Assets 2017: $17,783Liabilities 2017: $0Net Assets 2017: $17,7832017Assets 2018: $449,063Liabilities 2018: $0Net Assets 2018: $449,0632018Assets 2019: $425,100Liabilities 2019: $3,504Net Assets 2019: $421,5962019Assets 2020: $425,847Liabilities 2020: $8,129Net Assets 2020: $417,7182020Assets 2021: $396,363Liabilities 2021: $8,749Net Assets 2021: $387,6142021Assets 2022: $210,382Liabilities 2022: $9,121Net Assets 2022: $201,2612022Assets 2023: $227,441Liabilities 2023: $912Net Assets 2023: $226,5292023Assets 2024: $238,063Liabilities 2024: $629Net Assets 2024: $237,4342024

Highlighted filing

2014

Assets$21,476
Liabilities$225
Net Assets$21,251

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $54,192Expenses 2012: $25,724Net Income 2012: $28,4682012Revenue 2013: $24,767Expenses 2013: $34,070Net Income 2013: -$9,3032013Revenue 2014: $10,393Expenses 2014: $32,892Net Income 2014: -$22,4992014Revenue 2015: $86,306Expenses 2015: $63,267Net Income 2015: $23,0392015Revenue 2016: $102,160Expenses 2016: $107,783Net Income 2016: -$5,6232016Revenue 2017: $65,568Expenses 2017: $86,452Net Income 2017: -$20,8842017Revenue 2018: $483,237Expenses 2018: $51,957Net Income 2018: $431,2802018Revenue 2019: $47,110Expenses 2019: $74,577Net Income 2019: -$27,4672019Revenue 2020: $73,475Expenses 2020: $99,790Net Income 2020: -$26,3152020Revenue 2021: $69,364Expenses 2021: $97,459Net Income 2021: -$28,0952021Revenue 2022: $92,945Expenses 2022: $242,819Net Income 2022: -$149,8742022Revenue 2023: $37,521Expenses 2023: $35,397Net Income 2023: $2,1242023Revenue 2024: $19,168Expenses 2024: $38,479Net Income 2024: -$19,3112024

Highlighted filing

2014

Revenue$10,393
Expenses$32,892
Net Income-$22,499
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$18,813
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

DescriptionGrantsExpenses
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$0
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$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frederic ChiuPresidentPT$0--
Jeanine EspositoVice PresidentPT$0--
Loretta Shih ChiuSecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Total Events$10,280$10,280$8,420$1,860
Filing and Contact Details

Filer

Filer Name
Beechwood Arts Inc
EIN
06-1613670
Phone
2032269462
Address
52 Weston Road, Westport, CT 06880

Signing Officer

Name
Frederic Chiu
Title
President
Phone
2032269462
Signed
2015-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Capossela Cohen LLC
Address
368 Center Street, Southport, CT 06890
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: 7.

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: Commissions-Art Sales. Amount: 1,869.

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 648. Description: Other Expenses. Amount: 12,510. Total to Form 990-EZ, line 14: 13,158.

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

Description: Food and Drinks. Amount: 2,931. Description: Travel & Meetings. Amount: 402. Description: Development. Amount: 583. Description: Setup Expenses. Amount: 523. Description: Cleaning. Amount: 1,100. Description: Office Supplies. Amount: 775. Description: Bank Charges. Amount: 568. Description: Registration Fees & Dues & Taxes. Amount: 740. Description: Labor. Amount: 1,200. Description: Outside Services. Amount: 590. Description: Art and Product Payout. Amount: 3,112. Description: Advertising. Amount: 151. Total to Form 990-EZ, line 16: 12,675.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Security Deposit. Beg. of Year Amount: 975. End of Year Amount: 975. Description: Other Depreciable Assets. Beg. of Year Amount: 2,918. End of Year Amount: 2,270.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: CitiCard Credit Card. Beg. of Year Amount: 1,722. End of Year Amount: 225.

Raw XML Appendix172 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
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Frederic Chiu
IRS990EZ/BooksInCareOfDetail/PhoneNum02032269462
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt052 Weston Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westport
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006880
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/FundraisingGrossIncomeAmt010280
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021251
IRS990EZ/OccupancyRentUtltsAndMaintAmt013158
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Frederic Chiu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeanine Esposito
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Loretta Shih Chiu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03893
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03245
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt012675
IRS990EZ/OtherRevenueTotalAmt01869
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To 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/PrintingPublicationsPostageAmt02961
IRS990EZ/ProgramServiceRevenueAmt01740
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Arts 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/DescriptionProgramSrvcAccomTxt1Innovation 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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt08420
IRS990EZ/SpecialEventsNetIncomeLossAmt01860
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01722
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0225
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032892
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt010393
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0beechwoodarts.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04917
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040531
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt038
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt072783
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02906
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04575
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07481
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt040531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04917
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020814
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040531
IRS990ScheduleA/TotalSupportAmt048050
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08420
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0410
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0410
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010280
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt010280
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010280
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010280
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01860
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05010
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05010
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt03000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03000
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Citibank Certificate of Deposit. Amount: 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Commissions-Art Sales. Amount: 1,869.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Depreciation. Amount: 648. Description: Other Expenses. Amount: 12,510. Total to Form 990-EZ, line 14: 13,158.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Food and Drinks. Amount: 2,931. Description: Travel & Meetings. Amount: 402. Description: Development. Amount: 583. Description: Setup Expenses. Amount: 523. Description: Cleaning. Amount: 1,100. Description: Office Supplies. Amount: 775. Description: Bank Charges. Amount: 568. Description: Registration Fees & Dues & Taxes. Amount: 740. Description: Labor. Amount: 1,200. Description: Outside Services. Amount: 590. Description: Art and Product Payout. Amount: 3,112. Description: Advertising. Amount: 151. Total to Form 990-EZ, line 16: 12,675.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: Security Deposit. Beg. of Year Amount: 975. End of Year Amount: 975. Description: Other Depreciable Assets. Beg. of Year Amount: 2,918. End of Year Amount: 2,270.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: CitiCard Credit Card. Beg. of Year Amount: 1,722. End of Year Amount: 225.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26 - Other Liabilities
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/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Frederic Chiu
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02032269462
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Beechwood Arts Inc
ReturnHeader/Filer/BusinessNameControlTxt0BEEC
ReturnHeader/Filer/EIN0061613670
ReturnHeader/Filer/PhoneNum02032269462
ReturnHeader/Filer/USAddress/AddressLine1Txt052 Weston Road
ReturnHeader/Filer/USAddress/CityNm0Westport
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006880
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061415579
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Capossela Cohen LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0368 Center Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Southport
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006890
ReturnHeader/PreparerPersonGrp/PhoneNum02032547000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nathaniel S Yordon CPA
ReturnHeader/ReturnTs02015-08-17T10:21:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings