Civic Intelligence

Wingspan Arts Inc.

990 • Fiscal year 2015 • EIN 13-4189808

Sep 01, 2014 to Aug 31, 2015 • Filed on Feb 09, 2016

630 Ninth AvenueNew York, NY 10036

(212) 586-2330

Siviq Scores

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

Liabilities / Assets

97th percentile

1.32x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.35x

Higher debt load relative to revenue than 77% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Net Margin

47th percentile

2.4%

Higher net margin than 47% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$86,875

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Asset Growth

93rd percentile

90%

Faster asset growth than 93% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

24%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$831,566

Up $394,632 (+90%) from 2014

Net Assets

Up

-$267,438

Up $77,197 (+22%) from 2014

Liabilities

Up

$1,099,004

Up $317,435 (+41%) from 2014

Revenue

Up

$3,169,203

Up $616,230 (+24%) from 2014

Expenses

Up

$3,092,006

Up $477,015 (+18%) from 2014

Net Income

Up

$77,197

Up $139,215 (+224%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $183,257Liabilities 2011: $14,416Net Assets 2011: $168,8412011Assets 2012: $263,282Liabilities 2012: $530,160Net Assets 2012: -$266,8782012Assets 2013: $396,641Liabilities 2013: $679,258Net Assets 2013: -$282,6172013Assets 2014: $436,934Liabilities 2014: $781,569Net Assets 2014: -$344,6352014Assets 2015: $831,566Liabilities 2015: $1,099,004Net Assets 2015: -$267,4382015Assets 2016: $826,878Liabilities 2016: $1,165,383Net Assets 2016: -$338,5052016Assets 2017: $1,019,973Liabilities 2017: $1,285,617Net Assets 2017: -$265,6442017Assets 2018: $1,465,812Liabilities 2018: $1,443,425Net Assets 2018: $22,3872018Assets 2019: $1,920,243Liabilities 2019: $1,758,229Net Assets 2019: $162,0142019Assets 2020: $566,301Liabilities 2020: $405,072Net Assets 2020: $161,2292020Assets 2021: $465,568Liabilities 2021: $416,184Net Assets 2021: $49,3842021Assets 2022: $275,736Liabilities 2022: $32,595Net Assets 2022: $243,1412022Assets 2023: $56,815Liabilities 2023: $3,332Net Assets 2023: $53,4832023Assets 2024: $4,938Liabilities 2024: $5,074Net Assets 2024: -$1362024Assets 2025: $12,269Liabilities 2025: $6,279Net Assets 2025: $5,9902025

Highlighted filing

2015

Assets$831,566
Liabilities$1,099,004
Net Assets-$267,438

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,049,343Expenses 2011: $1,777,496Net Income 2011: $271,8472011Revenue 2012: $1,905,853Expenses 2012: $2,007,478Net Income 2012: -$101,6252012Expenses 2013: $2,226,7992013Revenue 2014: $2,552,973Expenses 2014: $2,614,991Net Income 2014: -$62,0182014Revenue 2015: $3,169,203Expenses 2015: $3,092,006Net Income 2015: $77,1972015Revenue 2016: $3,297,500Expenses 2016: $3,368,567Net Income 2016: -$71,0672016Revenue 2017: $4,035,619Expenses 2017: $3,962,758Net Income 2017: $72,8612017Revenue 2018: $4,215,130Expenses 2018: $3,927,099Net Income 2018: $288,0312018Revenue 2019: $4,029,065Expenses 2019: $3,890,753Net Income 2019: $138,3122019Revenue 2020: $3,411,605Expenses 2020: $3,413,685Net Income 2020: -$2,0802020Revenue 2021: $842,639Expenses 2021: $954,484Net Income 2021: -$111,8452021Revenue 2022: $1,300,303Expenses 2022: $1,106,546Net Income 2022: $193,7572022Revenue 2023: $55,916Expenses 2023: $245,574Net Income 2023: -$189,6582023Revenue 2024: $81,816Expenses 2024: $135,435Net Income 2024: -$53,6192024Revenue 2025: $59,955Expenses 2025: $53,829Net Income 2025: $6,1262025

Highlighted filing

2015

Revenue$3,169,203
Expenses$3,092,006
Net Income$77,197
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$3,171,203
Mission and Program Overview

Mission

To reach out and expose diverse groups, especially young audiences, to all forms of performing, visual, media, and literary arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$286,350$680,578▲ $394,228
Accounts Receivable$85,477$100,150▲ $14,673
Land, Buildings, and Equipment, Net$23,571$22,726▼ $845
Prepaid Expenses and Deferred Charges$26,136$12,712▼ $13,424
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$436,934$831,566▲ $394,632
Other Assets Total$15,400$15,400→ $0
Liabilities
Deferred Revenue$725,534$1,004,826▲ $279,292
Other Liabilities$29,908$52,744▲ $22,836
Accounts Payable and Accrued Expenses$26,127$41,434▲ $15,307
Total Liabilities$781,569$1,099,004▲ $317,435
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$35,000-
Unrestricted Net Assets$-344,635$-302,438▲ $42,197
Total Net Assets Fund Balance$-344,635$-267,438▲ $77,197
Total Liabilities and Net Assets / Fund Balance$436,934$831,566▲ $394,632

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,726$42,499-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul AshleyExecutive DirectorFT$82,436$4,439$86,875

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$166,740
Program Service Revenue
$3,002,391
Investment Income
$72
Other Revenue
$0
All Other Contributions
$87,511
Change in Net Assets
$77,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,169,203
Total Revenue per Audited Statements
$3,169,203
Total Revenue per Form 990
$3,169,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,878,652
Salaries, Compensation, and Employee Benefits$1,213,354
Total Fundraising Expense$98,448
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$856,152$80,301$49,204$985,657
Occupancy$95,928$7,900$9,028$112,856
Payroll Taxes$79,462$6,544$7,479$93,485
Current Officers, Directors, Trustees, and Key Employees$59,728$14,300$17,841$91,869
All Other Expenses$52,285$12,525$3,709$68,519
Insurance$34,600$2,850$3,256$40,706
Other Expenses$38,256$15,035$2,248$38,256
Other Employee Benefits$21,228$1,748$1,998$24,974
Office Expenses$9,234$13,837$1,138$24,209
Pension Plan Contributions$14,764$1,216$1,389$17,369
Travel$12,307$1,014$1,158$14,479
Depreciation Depletion-$6,786-$6,786
Total Functional Expenses$2,829,502$164,056$98,448$3,092,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,092,006
Total Expenses per Audited Statements$3,092,006
Total Expenses per Form 990$3,092,006
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,000
Fundraising Gross Income$2,000
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred rent$38,244
Government grant advance$14,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The organizations Board of Directors, Executive Director, and Director of Finance and Operations review the Form 990 every year.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization adopted an updated Conflict of Interest and Related Party Transactions Policy on June 26, 2014, which subjects the organizations officers, directors, and key employees to certain voting prohibitions and disclosure requirements. In particular, covered persons are required to complete a disclosure statement prior to taking office, and annually in each succeeding year, as well as to promptly disclose a financial interest in any transaction or proposed transaction with the organization and/or any conflict of interest. The organizations Audit Committee oversees the implementation of and compliance with the Conflict of Interest and Related Party Transactions Policy. The organizations employees are also subject to an ethical behavior and conflict of interest policy set forth in the organizations employee handbook. Employees are required to acknowledge receipt of the handbook and that they have read, and will comply with, all of the policies contained therein. The Executive Director oversees the implementation of and compliance with the ethical behavior and conflict of interest policy included in the employee handbook, in consultation with the Audit Committee as appropriate.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Consistent with the organizations Executive Compensation Policy, the Executive Director's salary is annually reviewed and approved by the Board of Directors and the responsible board committee.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Consistent with the organization's Executive Compensation Policy, the salary of any other highly compensated employee is annually reviewed and approved by the Board of Directors and the responsible Board Committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organizations governing documents, conflict of interest policy, and audited financial statements are available upon request from the public. Generally these documents are sent by email or regular mail. Certain of these documents are also available on guidestar.org (a not-for-profit entity that provides information on not-for-profit organizations).

Filing and Contact Details

Filer

Filer Name
Wingspan Arts Inc
EIN
13-4189808
Phone
2125862330
Address
630 Ninth Avenue, New York, NY 10036

Signing Officer

Name
Scott Wilcox
Title
Chairman
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Ashley
Formed
2001
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
96
Volunteers
60

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
David C Ashenfarb
Phone
2122682800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for the periods ending August 31, 2012 and later are subject to examination by applicable taxing authorities.

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IRS990/Desc0Our afterschool programming served 2,000 students at 17 schools through a wide variety of arts education classes, including: Musical Mania!, a musical theatre class; Dance Around the World, a dance training class in styles such as Afro-Caribbean, Indian and Hip Hop; Flicker Filmmaking, which enables young people to write and edit a short video; and Art Attack, where students draw, paint, and sculpt. We specialize in long-term commitments to schools. Club Wingspan is our longest running program, founded in 2001 in response to the lack of arts education in public schools. Through the afterschool program, students gain weekly exposure to the arts, exploring their creative potential and building self-confidence that will shape their lives forever.
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IRS990/ProgSrvcAccomActy2Grp/Desc0In FY15, our in-school programming served 2,500 students at 9 schools. Professional teaching artists provided Pre-K to 12th grade students with training in visual arts, theatre, dance, music, and media arts as well as arts-based gym classes. 72% of our students are from low-income families. Students gain a better understanding of the world as they study, learn to perform, and express their feelings through the arts. Our objective is to design and implement curriculum that not only educates students about the arts but also positively impacts their overall social-emotional, cognitive, and academic development.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0509553
IRS990/ProgSrvcAccomActy3Grp/Desc0Summer Conservatory provides free, pre-professional theatre training to 70 students in the 6th through 12th grades each year. By offering tuition-free arts training, the program most fully exemplifies our mission by concentrating on the unique goals and skills of our students through a combination of theory, practice, and the focused attention of professional teaching artists. In fourteen years, the program has served more than 900 students. We offer the only tuition-free pre-professional theatre training program in New York City that culminates in full-scale productions. Students spend the summer acting, singing, and dancing while developing skills and friendships that will benefit them for their entire lives.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.01$0.06$0.05$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.01$0.00$0.08$0.14$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.05$0.06$0.25$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.03$0.24$1.30$1.11$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.42$0.05$0.84$0.95$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.41$0.16$3.41$3.41$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.92$1.76$0.16$4.03$3.89$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.47$1.44$0.02$4.22$3.93$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.02$1.29$0.27$4.04$3.96$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.83$1.17$0.34$3.30$3.37$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.83$1.10$0.27$3.17$3.09$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.78$0.34$2.55$2.61$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.68$0.28$2.23
2012Summary only. Only limited summary data is available for this year.$0.26$0.53$0.27$1.91$2.01$0.10
2011Summary only. Only limited summary data is available for this year.$0.18$0.01$0.17$2.05$1.78$0.27