Civic Intelligence

Livearts Studio Inc

990EZ • Fiscal year 2014 • EIN 20-4274851

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

Organization Profilewww.liveartsstudio.org
4750 BroadwayGary, IN 46408

(219) 884-2770

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$600

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

76th percentile

27%

Faster asset growth than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

94th percentile

132%

Faster revenue growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$29,053

Up $6,096 (+27%) from 2013

Net Assets

Up

$29,053

Up $6,096 (+27%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin93rd percentile

Revenue

Up

$10,856

Up $6,177 (+132%) from 2013

Expenses

Down

$4,760

Down $4,995 (-51%) from 2013

Net Income

Up

$6,096

Up $11,172 (+220%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth76th 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

2014

Assets$29,053
Liabilities$0
Net Assets$29,053
Open 2014 Filing

Operations Trend

Revenue Growth94th 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

2014

Revenue$10,856
Expenses$4,760
Net Income$6,096
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$10,856
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.

Program Services

DescriptionGrantsExpenses
This year we were successful in providing art instruction to 60 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.$3,000$3,930
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Desiree SimpsonChairFT$0$600$600
Jill RossVice ChairPT$0--
Burma WeekleySecretaryPT$0--
Jonathan RossTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Livearts Studio Inc
EIN
20-4274851
Phone
2198842770
Address
4750 Broadway, Gary, IN 46408

Signing Officer

Name
Desire'e Simpson
Title
Executive Director
Phone
2198842770
Signed
2015-11-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Research on curriculum in various schools. One visit to Puerto Rico; two visits to Washington, DC. Purchase of transportation and accommodations. Purchase of electronic hardware, books and technology.”

Form 990-EZ, Part II, Line 24

“Sewing machines, display equipment, and cutting supplies were acquired.”

Raw XML Appendix159 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Desire'e Simpson
IRS990EZ/BooksInCareOfDetail/PhoneNum02198842770
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04760 Broadway
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Gary
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046408
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt063
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0103
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt02156
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06096
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022957
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029053
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt010856
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02000
IRS990EZ/LandAndBuildingsGrp/BOYAmt022894
IRS990EZ/LandAndBuildingsGrp/EOYAmt027800
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0500
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022957
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029053
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022957
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029053
IRS990EZ/OccupancyRentUtltsAndMaintAmt03360
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt0600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Desiree Simpson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jill Ross
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Burma Weekley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jonathan Ross
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01150
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01200
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Our 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/PrintingPublicationsPostageAmt0200
IRS990EZ/ProgramServiceRevenueAmt06200
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0This year we were successful in providing art instruction to 60 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/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03930
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04760
IRS990EZ/TotalProgramServiceExpensesAmt03930
IRS990EZ/TotalRevenueAmt010856
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.liveartsstudio.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025428
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06896
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt025428
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025428
IRS990ScheduleA/TotalSupportAmt025428
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Research on curriculum in various schools. One visit to Puerto Rico; two visits to Washington, DC. Purchase of transportation and accommodations. Purchase of electronic hardware, books and technology.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Sewing machines, display equipment, and cutting supplies were acquired.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
ReasonableCauseExplanation/ExplanationTxt0Loss of information due to computer virus. Information could not be accessed for entry into this tax document.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Desire'e Simpson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02198842770
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVEARTS STUDIO INC
ReturnHeader/Filer/BusinessNameControlTxt0LIVE
ReturnHeader/Filer/EIN0204274851
ReturnHeader/Filer/PhoneNum02198842770
ReturnHeader/Filer/USAddress/AddressLine1Txt04750 Broadway
ReturnHeader/Filer/USAddress/CityNm0Gary
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046408
ReturnHeader/ReturnTs02015-11-15T18:15:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,053
Liabilities
$0
Net assets
$29,053
Revenue
$10,856
Expenses
$4,760
Net income
$6,096
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits