Civic Intelligence

Triangle Arts Association Limited

990EZ • Fiscal year 2019 • EIN 13-3209637

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 07, 2020

20 Jay StreetBrooklyn, NY 11201

(718) 858-1260

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.02x

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

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.01x

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

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Top Officer Pay

91st percentile

$35,567

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Asset Growth

91st percentile

140%

Faster asset growth than 91% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

26%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$62,371

Up $36,403 (+140%) from 2018

Net Assets

Up

$61,002

Up $35,456 (+139%) from 2018

Liabilities

Up

$1,369

Up $947 (+224%) from 2018

Revenue

Up

$157,333

Up $32,507 (+26%) from 2018

Expenses

Up

$121,877

Up $1,631 (+1.4%) from 2018

Net Income

Up

$35,456

Up $30,876 (+674%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $39,071Liabilities 2011: $02011Assets 2012: $35,972Liabilities 2012: $8,3092012Assets 2013: $21,958Liabilities 2013: $7,2672013Assets 2014: $22,701Liabilities 2014: $0Net Assets 2014: $22,7012014Assets 2015: $26,574Liabilities 2015: $1,393Net Assets 2015: $25,1812015Assets 2016: $25,312Liabilities 2016: $41Net Assets 2016: $25,2712016Assets 2017: $21,547Liabilities 2017: $581Net Assets 2017: $20,9662017Assets 2018: $25,968Liabilities 2018: $422Net Assets 2018: $25,5462018Assets 2019: $62,371Liabilities 2019: $1,369Net Assets 2019: $61,0022019Assets 2020: $123,558Liabilities 2020: $16,346Net Assets 2020: $107,2122020Assets 2021: $223,822Liabilities 2021: $17,843Net Assets 2021: $205,9792021Assets 2022: $249,664Liabilities 2022: $3,951Net Assets 2022: $245,7132022Assets 2023: $235,996Liabilities 2023: $3,199Net Assets 2023: $232,7972023Assets 2024: $237,928Liabilities 2024: $647Net Assets 2024: $237,2812024

Highlighted filing

2019

Assets$62,371
Liabilities$1,369
Net Assets$61,002

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $110,725Expenses 2011: $108,725Net Income 2011: $2,0002011Revenue 2012: $101,611Expenses 2012: $113,019Net Income 2012: -$11,4082012Revenue 2013: $111,099Expenses 2013: $124,068Net Income 2013: -$12,9692013Revenue 2014: $110,769Expenses 2014: $102,759Net Income 2014: $8,0102014Revenue 2015: $154,538Expenses 2015: $152,058Net Income 2015: $2,4802015Revenue 2016: $124,694Expenses 2016: $124,604Net Income 2016: $902016Revenue 2017: $134,471Expenses 2017: $138,776Net Income 2017: -$4,3052017Revenue 2018: $124,826Expenses 2018: $120,246Net Income 2018: $4,5802018Revenue 2019: $157,333Expenses 2019: $121,877Net Income 2019: $35,4562019Revenue 2020: $178,914Expenses 2020: $132,704Net Income 2020: $46,2102020Revenue 2021: $234,433Expenses 2021: $135,666Net Income 2021: $98,7672021Revenue 2022: $209,354Expenses 2022: $169,620Net Income 2022: $39,7342022Revenue 2023: $180,307Expenses 2023: $193,223Net Income 2023: -$12,9162023Revenue 2024: $201,266Expenses 2024: $196,782Net Income 2024: $4,4842024

Highlighted filing

2019

Revenue$157,333
Expenses$121,877
Net Income$35,456
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 7, 2020
Return Version
2018v3.1
Gross Receipts
$158,360
Mission and Program Overview

Mission

Supports international and u.s. Visual artists. The organization's core initiatives are: residencies, workshops, and educational and public programs, that are centered on dialogue, experimentation and the creation of community around art.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$0$96,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NOVA BENWAYExecutive DirectorFT$35,567-$35,567
ALUN WILLIAMSBoard Member-$0--
JOHN BJERKLIEBoard Member-$0--
MAUD BRYTBoard Member-$0--
JENNIFER RILEYChairPT$0--
KAREN WILKINBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Triangle Arts Association Limited
EIN
13-3209637
Phone
7188581260
Address
20 Jay Street, BROOKLYN, NY 11201

Signing Officer

Name
Jennifer Riley
Title
Chair
Phone
7188581260
Signed
2020-07-07
Discuss with paid preparer
Yes

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Other

Triangle fosters artistic experimentation and growth by providing artists and curators with the use of free art studios, as well as professional and artistic development services including visits with curators and critics and material supplies. Triangle organizes regular events introducing the work of artists in residencies to the public, such as open studios, screenings, and performances.

Form 990EZ, Part I, Line 16

Depreciation 640.

Form 990EZ, Part I, Line 16

Office expense 1054.

Form 990EZ, Part I, Line 16

Travel 623.

Form 990EZ, Part I, Line 16

Meals and entertainment 1442.

Form 990EZ, Part I, Line 16

Advertising and Promotional 2342.

Form 990EZ, Part I, Line 16

Insurance 4046.

Form 990EZ, Part I, Line 16

Payroll taxes 5068.

Form 990EZ, Part I, Line 16

Bank service charges and dues & subscriptions 357.

Form 990EZ, Part I, Line 16

Development 245.

Form 990EZ, Part I, Line 16

Payroll processing fees 1283.

Form 990EZ, Part II, Line 24

Grants receivable 500. 900.

Form 990EZ, Part II, Line 24

Security deposit 0. 1000.

Form 990EZ, Part II, Line 24

Equipment, net book value 932. 292.

Form 990EZ, Part II, Line 26

Accounts payable 422. 1369.

Raw XML Appendix217 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KAREN WILKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NOVA BENWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt02192
IRS990EZ/OtherExpensesTotalAmt017100
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IRS990EZ/PrimaryExemptPurposeTxt0SUPPORTS INTERNATIONAL AND U.S. VISUAL ARTISTS. THE ORGANIZATION'S CORE INITIATIVES ARE: RESIDENCIES, WORKSHOPS, AND EDUCATIONAL AND PUBLIC PROGRAMS, THAT ARE CENTERED ON DIALOGUE, EXPERIMENTATION AND THE CREATION OF COMMUNITY AROUND ART.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt096419
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt063546
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01027
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0422
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01369
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0121877
IRS990EZ/TotalProgramServiceExpensesAmt096419
IRS990EZ/TotalRevenueAmt0157333
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0triangleartsnyc.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Miscellaneous income 2014: 184.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153008
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0124712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0134471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0154354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0691239
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0114
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0184
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0184
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73690
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0154354
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0691239
IRS990ScheduleA/TotalSupportAmt0691537
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRIANGLE FOSTERS ARTISTIC EXPERIMENTATION AND GROWTH BY PROVIDING ARTISTS AND CURATORS WITH THE USE OF FREE ART STUDIOS, AS WELL AS PROFESSIONAL AND ARTISTIC DEVELOPMENT SERVICES INCLUDING VISITS WITH CURATORS AND CRITICS AND MATERIAL SUPPLIES. TRIANGLE ORGANIZES REGULAR EVENTS INTRODUCING THE WORK OF ARTISTS IN RESIDENCIES TO THE PUBLIC, SUCH AS OPEN STUDIOS, SCREENINGS, AND PERFORMANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 640.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office expense 1054.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel 623.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meals and entertainment 1442.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising and Promotional 2342.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 4046.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll taxes 5068.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank service charges and dues & subscriptions 357.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Development 245.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll processing fees 1283.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11GRANTS RECEIVABLE 500. 900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SECURITY DEPOSIT 0. 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13EQUIPMENT, NET BOOK VALUE 932. 292.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ACCOUNTS PAYABLE 422. 1369.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER RILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07188581260
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Triangle Arts Association Limited
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0133209637
ReturnHeader/Filer/PhoneNum07188581260
ReturnHeader/Filer/USAddress/AddressLine1Txt020 Jay Street
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.215.68.156
ReturnHeader/FilingSecurityInformation/IPDt02020-07-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm017:18:16
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICH AND BANDER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt079 Madison Avenue 2nd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02126842470
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN A BANDER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-07-07T17:18:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.38$0.01$2.37$2.01$1.97$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.36$0.03$2.33$1.80$1.93$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.50$0.04$2.46$2.09$1.70$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.18$2.06$2.34$1.36$0.99
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.16$1.07$1.79$1.33$0.46
2019Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$1.57$1.22$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$1.25$1.20$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$1.34$1.39$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.25$1.25$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.25$1.55$1.52$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.11$1.03$0.08
2013Summary only. Only limited summary data is available for this year.$0.22$0.07$1.11$1.24$0.13
2012Summary only. Only limited summary data is available for this year.$0.36$0.08$1.02$1.13$0.11
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$1.11$1.09$0.02