Civic Intelligence

Studio Incamminati

990 • Fiscal year 2019 • EIN 20-0151437

Sep 01, 2018 to Aug 31, 2019 • Filed on Jun 30, 2020

340 N 12th Street No 400Philadelphia, PA 19107

(215) 592-1918

Siviq Scores

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

Liabilities / Assets

87th percentile

0.70x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.21x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$72,640

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

2nd percentile

-46%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$294,336

Down $249,351 (-46%) from 2018

Net Assets

Down

$87,012

Down $231,488 (-73%) from 2018

Liabilities

Down

$207,324

Down $17,863 (-7.9%) from 2018

Revenue

Down

$970,811

Down $116,501 (-11%) from 2018

Expenses

Up

$1,191,431

Up $126,060 (+12%) from 2018

Net Income

Down

-$220,620

Down $242,561 (-1106%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $361,541Liabilities 2011: $321,900Net Assets 2011: $39,6412011Assets 2012: $322,120Liabilities 2012: $261,498Net Assets 2012: $60,6222012Assets 2013: $410,091Liabilities 2013: $298,272Net Assets 2013: $111,8192013Assets 2014: $496,571Liabilities 2014: $294,878Net Assets 2014: $201,6932014Assets 2015: $541,363Liabilities 2015: $279,064Net Assets 2015: $262,2992015Assets 2016: $579,685Liabilities 2016: $286,348Net Assets 2016: $293,3372016Assets 2017: $453,005Liabilities 2017: $156,446Net Assets 2017: $296,5592017Assets 2018: $543,687Liabilities 2018: $225,187Net Assets 2018: $318,5002018Assets 2019: $294,336Liabilities 2019: $207,324Net Assets 2019: $87,0122019Assets 2020: $1,312,480Liabilities 2020: $180,987Net Assets 2020: $1,131,4932020Assets 2021: $1,301,112Liabilities 2021: $190,165Net Assets 2021: $1,110,9472021Assets 2022: $794,072Liabilities 2022: $159,258Net Assets 2022: $634,8142022Assets 2023: $2,973,293Liabilities 2023: $2,385,576Net Assets 2023: $587,7172023Assets 2024: $2,893,279Liabilities 2024: $2,186,348Net Assets 2024: $706,9312024

Highlighted filing

2019

Assets$294,336
Liabilities$207,324
Net Assets$87,012

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $843,855Expenses 2011: $831,199Net Income 2011: $12,6562011Revenue 2012: $879,975Expenses 2012: $858,994Net Income 2012: $20,9812012Revenue 2013: $920,055Expenses 2013: $868,858Net Income 2013: $51,1972013Revenue 2014: $1,048,224Expenses 2014: $958,350Net Income 2014: $89,8742014Revenue 2015: $1,078,423Expenses 2015: $1,017,817Net Income 2015: $60,6062015Revenue 2016: $1,106,578Expenses 2016: $1,075,540Net Income 2016: $31,0382016Revenue 2017: $1,076,617Expenses 2017: $1,073,395Net Income 2017: $3,2222017Revenue 2018: $1,087,312Expenses 2018: $1,065,371Net Income 2018: $21,9412018Revenue 2019: $970,811Expenses 2019: $1,191,431Net Income 2019: -$220,6202019Revenue 2020: $2,190,160Expenses 2020: $1,151,225Net Income 2020: $1,038,9352020Revenue 2021: $1,303,539Expenses 2021: $1,366,636Net Income 2021: -$63,0972021Revenue 2022: $876,888Expenses 2022: $1,314,387Net Income 2022: -$437,4992022Revenue 2023: $1,233,565Expenses 2023: $1,271,912Net Income 2023: -$38,3472023Revenue 2024: $1,360,146Expenses 2024: $1,241,249Net Income 2024: $118,8972024

Highlighted filing

2019

Revenue$970,811
Expenses$1,191,431
Net Income-$220,620
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jun 30, 2020
Return Version
2018v3.2
Gross Receipts
$1,137,270
Mission and Program Overview

Mission

Studio incamminati provides a rigorous and comprehensive foundation in realist painting, drawing upon deep humanist values and remaining committed to keeping tuition as low as possible. Modeled on both the traditional italian art academy and the french atelier, studio incamminati's integrated curriculum produces highly skilled artists who can call upon their abilities to create art with depth of purpose. It is our hope that our students will go on to inspire others with their art and their teaching, and to make meaningful contributions to society with their talents.

Studio incamminati exists to meet the express needs of students eager to learn the aesthetic and philosophical principles of humanist realism and the techniques espoused by it's founder nelson shanks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$254,399$136,917▼ $117,482
Accounts Receivable$163,559$49,366▼ $114,193
Savings and Temporary Cash Investments$48,850$33,169▼ $15,681
Inventories for Sale or Use$27,232$32,483▲ $5,251
Prepaid Expenses and Deferred Charges$18,744$8,354▼ $10,390
Land, Buildings, and Equipment, Net$5,328$0▼ $5,328
Total Assets$543,687$294,336▼ $249,351
Other Assets Total$25,575$34,047▲ $8,472
Liabilities
Deferred Revenue$131,652$155,435▲ $23,783
Accounts Payable and Accrued Expenses$93,535$51,889▼ $41,646
Total Liabilities$225,187$207,324▼ $17,863
Net Assets / Fund Balance
Temporarily Rstr Net Assets$0$55,919▲ $55,919
Unrestricted Net Assets$318,500$31,093▼ $287,407
Total Net Assets Fund Balance$318,500$87,012▼ $231,488
Total Liabilities and Net Assets / Fund Balance$543,687$294,336▼ $249,351

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$8,953$8,953
Other Assets Org$29,922--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jay PenniePresident (outgoing)FT$72,640$72,640

Board Members and Trustees

NameTitle
William G DanielsChairman
Diane RappisiInterim President (incoming)
Betsy EbyBoard Member
Bo BartlettBoard Member
Federico CastelluccioBoard Member
Richard RosselloBoard Member
Steven BennettBoard Member
Leona ShanksCo-founder/board Member
Alvin Holm AiaSecretary
James L Mccabe PhdTreasurer (incoming)
Dave DeckerTreasurer (outgoing)
Revenue and Support

Revenue Composition

Contributions and Grants
$368,670
Program Service Revenue
$596,525
Investment Income
$925
Other Revenue
$4,691
All Other Contributions
$368,670
Change in Net Assets
$-220,620

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded309$67,592Fair Market Value
Total Noncash Contributions309$67,592-

Audited Revenue Reconciliation

Revenue per Audited Statements
$970,811
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$970,811
Total Revenue per Form 990
$970,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$814,860
Salaries, Compensation, and Employee Benefits$376,571
Total Fundraising Expense$27,659
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$347,853$13,105$49$361,007
Other Salaries and Wages$145,575$194,100$6,932$346,607
Occupancy$206,191$10,852-$217,043
Travel$37,337$1,965-$39,302
All Other Expenses$17,029$19,267$643$36,939
Advertising$13,715$17,124-$30,839
Payroll Taxes$12,585$16,780$599$29,964
Fees for Services Accounting-$19,487-$19,487
Office Expenses-$15,562-$15,562
Insurance$11,266$3,395$772$15,433
Fees for Services Legal-$11,613-$11,613
Other Expenses$3,127$8,042$2,500$11,169
Depreciation Depletion-$5,328-$5,328
Total Functional Expenses$823,523$340,249$27,659$1,191,431

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,191,431
Total Expenses per Audited Statements$1,191,431
Total Expenses per Form 990$1,191,431
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-TreasurerContributionNo$59,336
-Board MemberContributionNo$32,500
-Board ChairmanContributionNo$27,534
-Co-founder/board MemberContributionNo$15,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Section B, Line 11B

The 990 is provided to the finance committee for review and approved at the annual board meeting.

Form 990, Part VI, Section B, Line 12C

The members of the board are required to disclose any actual or perceived conflict to the finance committee. The individual shall promptly and fully disclose the conflict and shall refrain from participating in any way in the matter to which the conflict relates until resolved. The finance committee will review, evaluate and recommend a decision to the board. A board member with any interest in the matter shall not participate in the decision making process.

Form 990, Part VI, Section C, Line 19

These documents are available in the business office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Studio Incamminati
EIN
20-0151437
Phone
2155921918
Address
340 N 12TH STREET NO 400, PHILADELPHIA, PA 19107

Signing Officer

Name
William G Daniels
Title
Chairman
Phone
2155921918
Signed
2020-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William G Daniels
Formed
2002
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
15

Preparer

Firm
S R Snodgrass Pc
Address
2009 MACKENZIE WAY SUITE 340, CRANBERRY TOWNSHIP, PA 16066
Preparer
Danelle R Stewart CPA
Phone
7249340344
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program service expenses 3,426. Management and general expenses 10,276. Fundraising expenses 0. Total expenses 13,702. Instructors: program service expenses 260,583. Management and general expenses 2,689. Fundraising expenses 0. Total expenses 263,272. Modeling: program service expenses 83,844. Management and general expenses 140. Fundraising expenses 49. Total expenses 84,033.

Part XI, Lines 8 & 9

Studio incamminati identified errors that related to accounting transactions recorded in prior year(s) that resulted in a reduction to beginning net assets by $10,868 and reclassified $119,014 of net assets without donor restrictions to net assets with donor restrictions at the beginning of the year. Consequently, the school's records were corrected to properly state their beginning net assets as of september 1, 2018.

Financial Statement Notes

PART III, LINE 4:

The organization's collection consists of works of art (drawings and paintings) which serve as examples of artistic techniques that are studied by students.

PART X, LINE 2:

The school accounts for uncertainties in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold of more likely than not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. During the year ended august 31, 2019, the school did not identify any uncertain tax positions that qualify for either recogntition or disclosure in the financial statements. Tax returns filed by the school are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2015 remain open. The school's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in income tax expense on the statement of functional expenses.

Raw XML AppendixShowing 400 of 503 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt093535
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt051889
IRS990/AccountsReceivableGrp/BOYAmt0163559
IRS990/AccountsReceivableGrp/EOYAmt049366
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0STUDIO INCAMMINATI EXISTS TO MEET THE EXPRESS NEEDS OF STUDENTS EAGER TO LEARN THE AESTHETIC AND PHILOSOPHICAL PRINCIPLES OF HUMANIST REALISM AND THE TECHNIQUES ESPOUSED BY IT'S FOUNDER NELSON SHANKS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt017124
IRS990/AdvertisingGrp/ProgramServicesAmt013715
IRS990/AdvertisingGrp/TotalAmt030839
IRS990/AllOtherContributionsAmt0368670
IRS990/AllOtherExpensesGrp/FundraisingAmt0643
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt019267
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017029
IRS990/AllOtherExpensesGrp/TotalAmt036939
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02155921918
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0340 N 12TH STREET NO 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019107
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0254399
IRS990/CashNonInterestBearingGrp/EOYAmt0136917
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd01
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt028355
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0368670
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0925
IRS990/CYOtherExpensesAmt0814860
IRS990/CYOtherRevenueAmt04691
IRS990/CYProgramServiceRevenueAmt0596525
IRS990/CYRevenuesLessExpensesAmt0-220620
IRS990/CYSalariesCompEmpBnftPaidAmt0376571
IRS990/CYTotalExpensesAmt01191431
IRS990/CYTotalFundraisingExpenseAmt027659
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0970811
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt0131652
IRS990/DeferredRevenueGrp/EOYAmt0155435
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05328
IRS990/DepreciationDepletionGrp/TotalAmt05328
IRS990/Desc0MERIT-BASED ARTISTIC INSTRUCTION FOR EXCEPTIONALLY-TALENTED ART STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0823523
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019487
IRS990/FeesForServicesAccountingGrp/TotalAmt019487
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011613
IRS990/FeesForServicesLegalGrp/TotalAmt011613
IRS990/FeesForServicesOtherGrp/FundraisingAmt049
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013105
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0347853
IRS990/FeesForServicesOtherGrp/TotalAmt0361007
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt011.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM G DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm1ALVIN HOLM AIA
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES L MCCABE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm3FEDERICO CASTELLUCCIO
IRS990/Form990PartVIISectionAGrp/PersonNm4LEONA SHANKS
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVEN BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD ROSSELLO
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVE DECKER
IRS990/Form990PartVIISectionAGrp/PersonNm8BO BARTLETT
IRS990/Form990PartVIISectionAGrp/PersonNm9BETSY EBY
IRS990/Form990PartVIISectionAGrp/PersonNm10JAY PENNIE
IRS990/Form990PartVIISectionAGrp/PersonNm11DIANE RAPPISI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1072640
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER (INCOMING)
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-FOUNDER/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt11INTERIM PRESIDENT (INCOMING)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0701
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0138805
IRS990/GrossReceiptsAmt01137270
IRS990/GrossSalesOfInventoryAmt033046
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0772
IRS990/InsuranceGrp/ManagementAndGeneralAmt03395
IRS990/InsuranceGrp/ProgramServicesAmt011266
IRS990/InsuranceGrp/TotalAmt015433
IRS990/InventoriesForSaleOrUseGrp/BOYAmt027232
IRS990/InventoriesForSaleOrUseGrp/EOYAmt032483
IRS990/InvestmentIncomeGrp/ExclusionAmt0224
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0224
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt092
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08953
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05328
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt08953
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0138104
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0STUDIO INCAMMINATI EXISTS TO MEET THE EXPRESS NEEDS OF STUDENTS EAGER TO LEARN THE AESTHETIC AND PHILOSOPHICAL PRINCIPLES OF HUMANIST REALISM AND THE TECHNIQUES ESPOUSED BY IT'S FOUNDER NELSON SHANKS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0318500
IRS990/NetAssetsOrFundBalancesEOYAmt087012
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0701
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0701
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04691
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt04691
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt067592
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt010852
IRS990/OccupancyGrp/ProgramServicesAmt0206191
IRS990/OccupancyGrp/TotalAmt0217043
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015562
IRS990/OfficeExpensesGrp/TotalAmt015562
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025575
IRS990/OtherAssetsTotalGrp/EOYAmt034047
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING - GALA EXPE
IRS990/OtherExpensesGrp/Desc2COMMUNITY OUTREACH PROG
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt016164
IRS990/OtherExpensesGrp/FundraisingAmt12500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03629
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18042
IRS990/OtherExpensesGrp/ProgramServicesAmt019055
IRS990/OtherExpensesGrp/ProgramServicesAmt19790
IRS990/OtherExpensesGrp/ProgramServicesAmt23127
IRS990/OtherExpensesGrp/TotalAmt022684
IRS990/OtherExpensesGrp/TotalAmt116164
IRS990/OtherExpensesGrp/TotalAmt212290
IRS990/OtherExpensesGrp/TotalAmt311169
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06932
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0194100
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0145575
IRS990/OtherSalariesAndWagesGrp/TotalAmt0346607
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0599
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016780
IRS990/PayrollTaxesGrp/ProgramServicesAmt012585
IRS990/PayrollTaxesGrp/TotalAmt029964
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018744
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08354
IRS990/PrincipalOfficerNm0WILLIAM G DANIELS
IRS990/PriorPeriodAdjustmentsAmt0-10868
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0596525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0596525
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0492983
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0442
IRS990/PYOtherExpensesAmt0767974
IRS990/PYOtherRevenueAmt050641
IRS990/PYProgramServiceRevenueAmt0543246
IRS990/PYRevenuesLessExpensesAmt021941
IRS990/PYSalariesCompEmpBnftPaidAmt0297397
IRS990/PYTotalExpensesAmt01065371
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01087312
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-220620
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0601216
IRS990/SavingsAndTempCashInvstGrp/BOYAmt048850
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033169
IRS990ScheduleA/SchoolInd0X
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt04125
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08953
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08953
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01191431
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04125
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt129922
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ART COLLECTIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0970811
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S COLLECTION CONSISTS OF WORKS OF ART (DRAWINGS AND PAINTINGS) WHICH SERVE AS EXAMPLES OF ARTISTIC TECHNIQUES THAT ARE STUDIED BY STUDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. DURING THE YEAR ENDED AUGUST 31, 2019, THE SCHOOL DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNTITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2015 REMAIN OPEN. THE SCHOOL'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN INCOME TAX EXPENSE ON THE STATEMENT OF FUNCTIONAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt034047
IRS990ScheduleD/TotalExpensesPerForm990Amt01191431
IRS990ScheduleD/TotalRevenuePerForm990Amt0970811
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0970811
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01191431
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS DISCLOSED IN THE SCHOOL'S POLICIES AND GUIDELINES BROCHURE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE INSTITUTION PARTICIPATES IN A VARIETY OF FEDERAL AND STATE STUDENT GRANT AND AID PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0WILLIAM G DANIELS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1JAMES L MCCABE PHD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2LEONA SHANKS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt3STEVEN BENNETT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD CHAIRMAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2CO-FOUNDER/BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd30
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt027534
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt159336
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt215400
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt332500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRIBUTION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONTRIBUTION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2CONTRIBUTION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3CONTRIBUTION
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt0309
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt067592
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION USES A THIRD PARTY BROKERAGE SERVICE TO SELL NON-CASH CONTRIBUTIONS (DONATED SECURITIES).
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 32B:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVED AT THE ANNUAL BOARD MEETING.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$2.19$0.71$1.36$1.24$0.12
2023Summary only. Only limited summary data is available for this year.$2.97$2.39$0.59$1.23$1.27$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.16$0.63$0.88$1.31$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.19$1.11$1.30$1.37$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.18$1.13$2.19$1.15$1.04
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.21$0.09$0.97$1.19$0.22
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.23$0.32$1.09$1.07$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.16$0.30$1.08$1.07$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.29$0.29$1.11$1.08$0.03
2015Summary only. Only limited summary data is available for this year.$0.54$0.28$0.26$1.08$1.02$0.06
2014Summary only. Only limited summary data is available for this year.$0.50$0.29$0.20$1.05$0.96$0.09
2013Summary only. Only limited summary data is available for this year.$0.41$0.30$0.11$0.92$0.87$0.05
2012Summary only. Only limited summary data is available for this year.$0.32$0.26$0.06$0.88$0.86$0.02
2011Summary only. Only limited summary data is available for this year.$0.36$0.32$0.04$0.84$0.83$0.01