Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Inner Life Studies Inc
990EZ • Fiscal year 2017 • EIN 06-1613670
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$17,783
Down $22,533 (-56%) from 2016
Net Assets
Down$17,783
Down $20,884 (-54%) from 2016
Liabilities
Down$0
Down $1,649 (-100%) from 2016
Revenue And Expenses
Revenue
Down$65,568
Down $36,592 (-36%) from 2016
Expenses
Down$86,452
Down $21,331 (-20%) from 2016
Net Income
Down-$20,884
Down $15,261 (-271%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Nov 15, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $65,568
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.Created Aurasma Augmented Reality for 34 works of art for "Giving Voice". There were 2 salons, 1 Petit Salons, 2 Art Exhibits, 3 Art Inspiration Workshops and 4 BFDs(Benjamin Franklin Dinners) with 49 exhibiting artists, 24 performing artists. 410 unique audience members with 588 total attendance at events. These events were followed up by Art Open Houses attended by approximately 140 individuals. | $0 | $86,452 |
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 | - | - |
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
- 2018-11-15
- 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. Amount: 7.”
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: Rental income. Amount: 45,851.”
Form 990-EZ, Part I, Line 14
“Description: Depreciation. Amount: 648. Description: Other Expenses. Amount: 40,976. Total to Form 990-EZ, line 14: 41,624.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Food and Drinks. Amount: 3,420. Description: Travel & Meetings. Amount: 994. Description: Development. Amount: 4,120. Description: Setup Expenses. Amount: 2,117. Description: Materials and Supplies. Amount: 7,144. Description: Bank Charges. Amount: 437. Description: Registration Fees & Dues & Taxes. Amount: 358. Description: Outside Services. Amount: 18,800. Description: Advertising. Amount: 264. Description: Miscellaneous. Amount: 310. Description: Computer. Amount: 1,214. Total to Form 990-EZ, line 16: 39,178.”
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: 974. End of Year Amount: 326.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: CitiCard Credit Card. Beg. of Year Amount: 1,649. End of Year Amount: 0.”
Raw XML Appendix166 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/BusinessNameLine1Txt | 0 | Frederic Chiu |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2032269462 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 52 Weston Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Westport |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06880 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 38367 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16482 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5473 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -20884 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3985 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 40316 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17783 |
| IRS990EZ/GrossReceiptsAmt | 0 | 65568 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 38667 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 17783 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 38667 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 17783 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 41624 |
| 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 | 1949 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1301 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39178 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 45851 |
| 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 | 1665 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 14237 |
| 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.Created Aurasma Augmented Reality for 34 works of art for "Giving Voice". There were 2 salons, 1 Petit Salons, 2 Art Exhibits, 3 Art Inspiration Workshops and 4 BFDs(Benjamin Franklin Dinners) with 49 exhibiting artists, 24 performing artists. 410 unique audience members with 588 total attendance at events. These events were followed up by Art Open Houses attended by approximately 140 individuals. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 86452 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1649 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| 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 | 86452 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 86452 |
| IRS990EZ/TotalRevenueAmt | 0 | 65568 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | beechwoodarts.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5473 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56607 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 46038 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4917 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 14800 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 127835 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 43 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 155213 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2906 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 2906 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.97750 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.95000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 127835 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5473 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56607 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 46038 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4917 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 14800 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 127835 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 130784 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Citibank. Amount: 7. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Rental income. Amount: 45,851. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Depreciation. Amount: 648. Description: Other Expenses. Amount: 40,976. Total to Form 990-EZ, line 14: 41,624. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Food and Drinks. Amount: 3,420. Description: Travel & Meetings. Amount: 994. Description: Development. Amount: 4,120. Description: Setup Expenses. Amount: 2,117. Description: Materials and Supplies. Amount: 7,144. Description: Bank Charges. Amount: 437. Description: Registration Fees & Dues & Taxes. Amount: 358. Description: Outside Services. Amount: 18,800. Description: Advertising. Amount: 264. Description: Miscellaneous. Amount: 310. Description: Computer. Amount: 1,214. Total to Form 990-EZ, line 16: 39,178. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: Security Deposit. Beg. of Year Amount: 975. End of Year Amount: 975. Description: Other Depreciable Assets. Beg. of Year Amount: 974. End of Year Amount: 326. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description: CitiCard Credit Card. Beg. of Year Amount: 1,649. End of Year Amount: 0. |
| 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 | 2019-02-21 02:37:17Z |
| 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 | 2018-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Beechwood Arts Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BEEC |
| ReturnHeader/Filer/EIN | 0 | 061613670 |
| ReturnHeader/Filer/PhoneNum | 0 | 2032269462 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 52 Weston Road |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Westport |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06880 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | C2DC2D507E846D30F50B274169A393FB3DF707D4 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | C2DC2D507E846D30F50B274169A393FB3DF707D4 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 24.89.170.50 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:43:54 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061415579 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Capossela Cohen LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 368 Center Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Southport |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06890 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2032547000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Nathaniel S Yordon CPA |
| ReturnHeader/ReturnTs | 0 | 2018-11-15T15:04:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,783
- Liabilities
- $0
- Net assets
- $17,783
- Revenue
- $65,568
- Expenses
- $86,452
- Net income
- -$20,884