Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 27.2% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Down$145,443
Down $31,746 (-18%) from 2021
Net Assets
Down$140,761
Down $35,368 (-20%) from 2021
Liabilities
Up$4,682
Up $3,622 (+342%) from 2021
Revenue And Expenses
Revenue
Down$132,487
Down $76,853 (-37%) from 2021
Expenses
Up$167,855
Up $76,377 (+83%) from 2021
Net Income
Down-$35,368
Down $153,230 (-130%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Feb 28, 2023
- Return Version
- 2022v4.1
- Gross Receipts
- $132,895
Mission and Program Overview
Mission
Promotion of the arts in hot springs ar
Program Services
| Description | Grants | Expenses |
|---|---|---|
| LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL | - | $60,074 |
| LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL | - | $14,514 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SONNY KAY | Executive Di | - | $36,000 | - | $36,000 |
| JEN GERBER | Film Program | - | $12,500 | - | $12,500 |
| BRENT CARROLL | Treasurer | - | $0 | - | - |
| ANNIE GERBER | Secretary | - | $0 | - | - |
| ROB COX | Vice Preside | - | $0 | - | - |
| CHERYL ROORDA | President/Bo | - | $0 | - | - |
| ROBERT NIXON | Artistic Director | - | $0 | - | - |
| ZAC SMITH | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Low Key Arts Inc
- EIN
- 20-4093585
- Phone
- 3232406034
- Address
- PO BOX 467, HOT SPRINGS, AR 71902
Signing Officer
- Name
- Sonny Kay
- Title
- Executive Director
- Phone
- 3232406034
- Signed
- 2023-02-28
Preparer
- Firm
- Cleveland Accounting and Consulting Pa
- Address
- 1700 MALVERN AVE, HOT SPRINGS NTL PARK, AR 71901-7132
- Preparer
- Samantha Rhoads
- Phone
- 5013219999
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 7,564 office expenses 4,239 travel 498 insurance 8,862 bank fees 245 dues and subscriptions 1,978 equipment rent 1,322 internet 2,162 production 10,810 program exp 3,046 labor 2,075 service fees 1,256 repairs 350 event fees 4,200 talent 16,794 small equipment 125 license & permits 3,471 misc 3,469 event setup 750 total 73,216”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 3,295 5,249 equipment 52,061 81,800 deposits 0 1,000 total 55,356 88,049”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,060 4,682”
Form 990-ez, Part III, Line 31
“Low key arts provided music festival and sponsored a local film festival”
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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SONNY KAY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3232406034 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 423 BOWER ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOT SPRINGS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 71901 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 121833 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 57394 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 39801 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -35368 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1700 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 177189 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 145443 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 5911 |
| IRS990EZ/GrossReceiptsAmt | 0 | 132895 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 176129 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 140761 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 176129 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 140761 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 19668 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 36000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 12500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SONNY KAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BRENT CARROLL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANNIE GERBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROB COX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CHERYL ROORDA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | ROBERT NIXON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JEN GERBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ZAC SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PRESIDENT/BO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | ARTISTIC DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | FILM PROGRAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 55356 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 88049 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73216 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTION OF THE ARTS IN HOT SPRINGS AR |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 8143 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 87183 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 60074 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 14514 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 65128 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 408 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 5503 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1060 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4682 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 167855 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74588 |
| IRS990EZ/TotalRevenueAmt | 0 | 132487 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 39801 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 146247 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 72386 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11722 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 270156 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 93094 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 37657 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 27088 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 36996 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 194835 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 464991 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 132895 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 183904 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99474 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 48718 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 464991 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 132895 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 183904 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 99474 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 48718 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 464991 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 7,564 OFFICE EXPENSES 4,239 TRAVEL 498 INSURANCE 8,862 BANK FEES 245 DUES AND SUBSCRIPTIONS 1,978 EQUIPMENT RENT 1,322 INTERNET 2,162 PRODUCTION 10,810 PROGRAM EXP 3,046 LABOR 2,075 SERVICE FEES 1,256 REPAIRS 350 EVENT FEES 4,200 TALENT 16,794 SMALL EQUIPMENT 125 LICENSE & PERMITS 3,471 MISC 3,469 EVENT SETUP 750 TOTAL 73,216 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 3,295 5,249 EQUIPMENT 52,061 81,800 DEPOSITS 0 1,000 TOTAL 55,356 88,049 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,060 4,682 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SONNY KAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3232406034 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOW KEY ARTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOWK |
| ReturnHeader/Filer/EIN | 0 | 204093585 |
| ReturnHeader/Filer/PhoneNum | 0 | 3232406034 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 467 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOT SPRINGS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 71902 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 463808613 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLEVELAND ACCOUNTING AND CONSULTING PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1700 MALVERN AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOT SPRINGS NTL PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 719017132 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5013219999 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-02-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SAMANTHA RHOADS |
| ReturnHeader/ReturnTs | 0 | 2023-03-02T09:43:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SONNY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KAY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $145,443
- Liabilities
- $4,682
- Net assets
- $140,761
- Revenue
- $132,487
- Expenses
- $167,855
- Net income
- -$35,368