Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Amarios Art Academy for the Gifted and Talented
EIN 20-4463930 • 501(c)3 • Atlanta, GA
Profile
Amario's Art Academy's mission is to promote literacy, create comic books and animations that serve the community through creative art projects. To promote artistic integrity and arts education, that creates standards of artistic excellence. Mentoring students from grades 3 through 12 on leadership and teamwork skills guiding them towards a professional career in the arts. In the past calendar year pre- COVID January 2020 Academy featured at Marvel Studios Fundraising Gala "Pine Wood Gala 2020" raising money for the arts and awareness for local not for profits. 900 Guests attended. Event featured movie industry professionals working along side with Academy Students. www.amariosartacademy.com/videos In March of 2020 we had to shut down in person classes at our facility since that point we have launched a massive on line virtual class and video launch with Marvel Legend and DC legend Paul Jenkins. On line classes expanded to include Intro to 2-D and 3-D Animation.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 32.3% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$44,764
No earlier filing loaded for comparison.
Liabilities
$628
No earlier filing loaded for comparison.
Net Assets
$44,136
No earlier filing loaded for comparison.
Revenue
$74,392
No earlier filing loaded for comparison.
Expenses
$31,105
No earlier filing loaded for comparison.
Net Income
$43,287
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $44,764
- Liabilities
- $628
- Net assets
- $44,136
- Revenue
- $74,392
- Expenses
- $31,105
- Net income
- $43,287
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Mar 2, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $74,392
Mission and Program Overview
Mission
Amario's Art Academy's mission is to promote literacy, create comic books and animations that serve the community through creative art projects. To promote artistic integrity and arts education, that creates standards of artistic excellence. Mentoring students from grades 3 through 12 on leadership and teamwork skills guiding them towards a professional career in the arts. In the past calendar year pre- COVID January 2020 Academy featured at Marvel Studios Fundraising Gala "Pine Wood Gala 2020" raising money for the arts and awareness for local not for profits. 900 Guests attended. Event featured movie industry professionals working along side with Academy Students. www.amariosartacademy.com/videos In March of 2020 we had to shut down in person classes at our facility since that point we have launched a massive on line virtual class and video launch with Marvel Legend and DC legend Paul Jenkins. On line classes expanded to include Intro to 2-D and 3-D Animation.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The classes ended in October 2020 transition into Academy virtual classes that started on October 7th 2020 and continue on to this very day. Our virtual student enrollment is growing past our in person average (2019) and we have expanded classes in 3 technical disciplines: Intro Animation - Academy students learn 2D and 3D software, character design, animatics, character design and modeling. Comic Book Design Foundations - Academy students create hand drawn and digital comics designed in the Marvel style of comic book creation. Drawing & illustration - Academy students learn basic anatomy, human figure drawing and drawing in correct proportions and techniques | $18,000 | $10,000 |
| Amario's Art Academy Students were featured at major fundraising Gala at marvel Studios Pinewood Atlanta located at Studio 17 in Fayetteville GA. https://youtu.be/WdeHYfEB-so The black tie Gala event had 900 patrons and the Academy students interacted and worked directly with movie studio professional on set up, production, set building, lighting, video production crowd presentation. Academy Student Alina Stringer and Marvel & DC Legend Paul Jenkins were the Keynote speakers for the event which was broadcast live at Pinewood U.K as well. This live broadcast reached tens of thousands of households in the U.S. and many more abroad. | $0 | $6,000 |
| 3. After July 2020 the Academy Executive board comprised of community leaders approved the capital advertising effort to secure CEO of Meta Studios, Wolverine movie Writer, Batman and veteran Spider-Man writer Paul Jenkins to teach a series of classes at the Art Academy. This agreement gave the Academy exclusive access to industry professional at Meta and a first look at all content being produced at a number of 2021-22 movies in production. The first class weekly class launched in August 2020 attended by Academy students and artist in the general public. | $5,000 | $4,000 |
| 2. On March 7th, 2020 due the Executive order by the GA Governor on COVID-19 in person classes were suspended. On March 14 the Academy expanded and then resumed its regular classes virtually. This restored the classes for near 15 enrolled Academy Students that would now be participating virtually. Additional the Academy expanded the 2019-20 school year by an additional two months well into the summer ending in late July 2020. This effort by the Academy was to keep the much needed class instruction, mentorship and community relations going after much of the country was shut down. | $3,000 | $2,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Amario Andre | Executive Director | FT | $24,000 | - | $24,000 |
| Shondella Andre | Director Of Operations | FT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Amarios Art Academy for the Gifted and Talented
- EIN
- 20-4463930
- In Care Of
- % Amario Andre
- Address
- 1087 Cleveland Avenue, Atlanta, GA 30344
Signing Officer
- Name
- Amario Andre
- Title
- Executive Director
- Signed
- 2021-03-02
- Discuss with paid preparer
- No
Supplemental Narrative
Additional Explanations
Doing Business As Names
“Amario's Art Academy”
Part I, line 16
“| Other Expenses:, Amount:| program Services / Videos Programing, $2140.00| Auto Tags, Fuel Insurance Expense , Repairs and maint, $4433.00| Internet Expenses , Web Hosting, $2817.00| Bank Service Charges, $137.00| Donations Expense, Donor Software, Dues & Subscriptions, marketing & Promotions, Meals & Entertainment , Vehicle Rental, $3937.00| Event expenses for Pine Wood Gala Event. Motion Capture Kinect Camera & Systems, $826.00|”
Part II, line 26
“| Liabilities Name:, BOY Amount:, EOY Amount:| Mortgages or other loans payable, 0, $628|”
Part IV, List of Officers
“| Employee Name:, Description:| Amario Andre, Voted compensation for executive duties $75,000. Executive Director agreed to lesser amount of $24,000 per anum deferring compensation because of budget| Shondella Andre, Director of Operations Shondella works on grants, volunteer recruitment, civic engagement, parent & student relations and scheduling. Academy Executive Board voted in 2020 of a salary of $60,000 per year however the Academy's budget cannot afford that salary so it is deferred . Since 2006 Shondella has worked as a volunteer|”
Raw XML Appendix149 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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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| program Services / Videos Programing, $2140.00| Auto Tags, Fuel Insurance Expense , Repairs and maint, $4433.00| Internet Expenses , Web Hosting, $2817.00| Bank Service Charges, $137.00| Donations Expense, Donor Software, Dues & Subscriptions, marketing & Promotions, Meals & Entertainment , Vehicle Rental, $3937.00| Event expenses for Pine Wood Gala Event. Motion Capture Kinect Camera & Systems, $826.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Liabilities Name:, BOY Amount:, EOY Amount:| Mortgages or other loans payable, 0, $628| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Employee Name:, Description:| Amario Andre, Voted compensation for executive duties $75,000. Executive Director agreed to lesser amount of $24,000 per anum deferring compensation because of budget| Shondella Andre, Director of Operations Shondella works on grants, volunteer recruitment, civic engagement, parent & student relations and scheduling. Academy Executive Board voted in 2020 of a salary of $60,000 per year however the Academy's budget cannot afford that salary so it is deferred . Since 2006 Shondella has worked as a volunteer| |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.