Civic Intelligence

Livearts Studio Inc

990EZ • Fiscal year 2012 • EIN 20-4274851

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 02, 2013

Organization Profilewww.liveartsstudio.org
4750 Broadway46408
Siviq Scores

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

Liabilities / Assets

77th percentile

0.12x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

88th percentile

0.28x

Higher debt load relative to revenue than 88% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

38th percentile

-4.4%

Faster asset growth than 38% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

58th percentile

6.5%

Faster revenue growth than 58% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$32,033

Down $1,469 (-4.4%) from 2011

Net Assets

Down

$28,033

Down $5,469 (-16%) from 2011

Liabilities

$4,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin14th percentile

Revenue

Up

$14,460

Up $887 (+6.5%) from 2011

Expenses

Up

$17,929

Up $2,814 (+19%) from 2011

Net Income

Down

-$3,469

Down $1,927 (-125%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$40K$30K$20K$10K$0Assets 2011: $33,502Net Assets 2011: $33,5022011Assets 2012: $32,033Liabilities 2012: $4,000Net Assets 2012: $28,0332012Assets 2013: $22,957Liabilities 2013: $0Net Assets 2013: $22,9572013Assets 2014: $29,053Liabilities 2014: $0Net Assets 2014: $29,0532014Assets 2015: $25,278Liabilities 2015: $0Net Assets 2015: $25,2782015

Highlighted filing

2012

Assets$32,033
Liabilities$4,000
Net Assets$28,033
Open 2012 Filing

Operations Trend

Revenue Growth58th percentile

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

$20K$10K$0-$10K-$20KRevenue 2011: $13,573Expenses 2011: $15,115Net Income 2011: -$1,5422011Revenue 2012: $14,460Expenses 2012: $17,929Net Income 2012: -$3,4692012Revenue 2013: $4,679Expenses 2013: $9,755Net Income 2013: -$5,0762013Revenue 2014: $10,856Expenses 2014: $4,760Net Income 2014: $6,0962014Revenue 2015: $0Expenses 2015: $16,530Net Income 2015: -$16,5302015

Highlighted filing

2012

Revenue$14,460
Expenses$17,929
Net Income-$3,469
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 2, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

Our mission is to offer children and adults opportunities in visual art and design that contribute to economic self-sufficiency and intellectual cultivation through self-expression. We specialize in providing dynamic art instruction infused with an academic and entrepreneurial focus. Our vision is to foster skills that contribute to one's intellectual cultivation and stimulation through art education; to use art and design as sources of economic empowerment; to use our creative resources to help improve the well-being and interests of families and communities; and, to build global relationships through rich creative cultural exchange.

Filing and Contact Details

Filer

EIN
20-4274851
Raw XML Appendix176 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/CashSavingsAndInvestments/EOY059
IRS990EZ/ContributionsGiftsGrantsEtc012625
IRS990EZ/CostOfGoodsSold00
IRS990EZ/CostOtherBasisAndSalesExpenses00
IRS990EZ/DidOrgFileForm1120POLThisYear00
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Desiree Simpson
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Jill Ross
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Burma Weekley
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Jonathan Ross
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Darnell Towns
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Chair
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Vice Chair
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4Trustee
IRS990EZ/OperatingSchool00
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc00
IRS990EZ/OrganizationHadUBI00
IRS990EZ/OtherAssetsTotal/BOY05574
IRS990EZ/OtherAssetsTotal/EOY02674
IRS990EZ/OtherChangesInNetAssets00
IRS990EZ/OtherExpensesTotal0487
IRS990EZ/OtherRevenueTotal00
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0Our mission is to offer children and adults opportunities in Visual Art and Design that contribute to economic self-sufficiency and intellectual cultivation through self-expression. We specialize in providing dynamic art instruction infused with an academic and entrepreneurial focus. Our vision is to foster skills that contribute to one's intellectual cultivation and stimulation through art education; to use art and design as sources of economic empowerment; to use our creative resources to help improve the well-being and interests of families and communities; and, to build global relationships through rich creative cultural exchange.
IRS990EZ/PrintingPublicationsPostage0330
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0This year we were successful in providing art instruction to 38 children through our summer ArtsCamp, and Saturday Experiences in Art programs. We also increased our selection of visual art available for purchase and viewing in our gallery space.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations01000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses012625
IRS990EZ/ProgramServiceRevenue01835
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
IRS990EZ/SalariesOtherCompEmplBenefits00
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IRS990EZ/SpecialEventsNetIncomeLoss00
IRS990EZ/StatesWhereCopyOfReturnIsFiled0IN
IRS990EZ/SubjectToProxyTax00
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IRS990EZ/TaxImposedUnderIRC495500
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine104760 Broadway
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Gary
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0IN
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode046408
IRS990EZ/TheBooksAreInCareOf/NamePerson0Desiree Simpson
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02198842770
IRS990EZ/TotalAssets/BOY031502
IRS990EZ/TotalAssets/EOY032033
IRS990EZ/TotalExpenses017929
IRS990EZ/TotalProgramServiceExpenses012625
IRS990EZ/TotalRevenue014460
IRS990EZ/TransactionWithControlEntity00
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg00
IRS990EZ/WebSite0www.liveartsstudio.org
IRS990ScheduleA/GeneralExplanation0Part III Line 12: General art supplies $10,355; Equipment such as machines and tools $900; Systems/mechanical installation $1500; Marketing $800; Technology $465
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear03555
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year013573
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years01600
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01425
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0100
IRS990ScheduleA/GiftsGrantsContribReceived170/Total020253
IRS990ScheduleA/GrossInvestmentIncome170/Total00
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IRS990ScheduleA/OtherIncome170/Total00
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IRS990ScheduleA/PublicSupportPertcentage17001
IRS990ScheduleA/PublicSupportPertcentPriorYear01
IRS990ScheduleA/PublicSupportTotal170020253
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IRS990ScheduleA/Total170/CurrentTaxYear03555
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IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years01600
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years01425
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0100
IRS990ScheduleA/Total170/Total020253
IRS990ScheduleA/TotalSupport020253
IRS990ScheduleA/ValueSrvcFcltsFurnishedByGovt/Total00
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0Security system: Paint work: $487
IRS990ScheduleO/GeneralExplanation/Explanation1Sewing machines: $600 Furniture: $900 Program supplies: $1174
IRS990ScheduleO/GeneralExplanation/Explanation2Art making equipment such as machines, tools.
IRS990ScheduleO/GeneralExplanation/Identifier0F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/Identifier1F99Z_P02_S00_L24
IRS990ScheduleO/GeneralExplanation/Identifier2F99Z_P02_S00_L26
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/Explanation0Tax file is late due to severe illness and loss of previous year's tax statement.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0204274851
ReturnHeader/Filer/Name/BusinessNameLine10LIVEARTS STUDIO INC
ReturnHeader/Filer/NameControl0LIVE
ReturnHeader/Filer/Phone02198842770
ReturnHeader/Filer/USAddress/AddressLine104750 Broadway
ReturnHeader/Filer/USAddress/City0Gary
ReturnHeader/Filer/USAddress/State0IN
ReturnHeader/Filer/USAddress/ZIPCode046408
ReturnHeader/Officer/DateSigned02013-11-02
ReturnHeader/Officer/Name0Desire'e Simpson
ReturnHeader/Officer/Phone02198842770
ReturnHeader/Officer/Title0Executive Director
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-15T10:43:42-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$32,033
Liabilities
$4,000
Net assets
$28,033
Revenue
$14,460
Expenses
$17,929
Net income
-$3,469
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.3$0.00$25.3$0.00$16.5$16.5
2014Detailed filing. Detailed filing data is available for this year.$29.1$0.00$29.1$10.9$4.76$6.10
2013Detailed filing. Detailed filing data is available for this year.$23.0$0.00$23.0$4.68$9.76$5.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.0$4.00$28.0$14.5$17.9$3.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.5$33.5$13.6$15.1$1.54