Civic Intelligence

Innovative Arts Inc

990EZ • Fiscal year 2019 • EIN 20-4913283

May 01, 2018 to Apr 30, 2019 • Filed on Sep 13, 2019

Organization ProfileN/A
115 West 73 Street No 6CNew York, NY 10023

(212) 765-2300

Siviq Scores

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

Liabilities / Assets

99th percentile

12.52x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

0.92x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

82nd percentile

43%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2019

Revenue Growth

96th percentile

175%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$3,051

Up $1,555 (+104%) from 2017

Net Assets

Down

-$35,157

Down $7,569 (-27%) from 2017

Liabilities

Up

$38,208

Up $9,124 (+31%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin15th percentile

Revenue

Up

$41,547

Up $36,064 (+658%) from 2017

Expenses

Up

$50,809

Up $33,629 (+196%) from 2017

Net Income

Up

-$9,262

Up $2,435 (+21%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$100K$50K$0-$50K-$100KAssets 2011: $3,892Liabilities 2011: $02011Assets 2012: $3,294Liabilities 2012: $4572012Assets 2013: $3,702Liabilities 2013: $1,356Net Assets 2013: $2,3462013Assets 2014: $3,100Liabilities 2014: $2,324Net Assets 2014: $7762014Assets 2015: $3,481Liabilities 2015: $2,324Net Assets 2015: $1,1572015Assets 2016: $3,718Liabilities 2016: $19,609Net Assets 2016: -$15,8912016Assets 2017: $1,496Liabilities 2017: $29,084Net Assets 2017: -$27,5882017Assets 2019: $3,051Liabilities 2019: $38,208Net Assets 2019: -$35,1572019Assets 2020: $3,388Liabilities 2020: $61,313Net Assets 2020: -$57,9252020

Highlighted filing

2019

Assets$3,051
Liabilities$38,208
Net Assets-$35,157
Open 2019 Filing

Operations Trend

Revenue Growth96th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $7,073Expenses 2011: $6,633Net Income 2011: $4402011Revenue 2012: $4,196Expenses 2012: $5,251Net Income 2012: -$1,0552012Revenue 2013: $6,128Expenses 2013: $6,619Net Income 2013: -$4912013Revenue 2014: $9,625Expenses 2014: $11,195Net Income 2014: -$1,5702014Revenue 2015: $9,956Expenses 2015: $9,575Net Income 2015: $3812015Revenue 2016: $3,818Expenses 2016: $20,866Net Income 2016: -$17,0482016Revenue 2017: $5,483Expenses 2017: $17,180Net Income 2017: -$11,6972017Revenue 2019: $41,547Expenses 2019: $50,809Net Income 2019: -$9,2622019Revenue 2020: $2,888Expenses 2020: $25,656Net Income 2020: -$22,7682020

Highlighted filing

2019

Revenue$41,547
Expenses$50,809
Net Income-$9,262
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Sep 13, 2019
Return Version
2018v3.1
Gross Receipts
$41,547
Mission and Program Overview

Mission

To promote theatrical arts

Program Services

DescriptionGrantsExpenses
PROMOTION OF THEATRICAL ARTS$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL CARSONExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Innovative Arts Inc
EIN
20-4913283
Phone
2127652300
Address
115 WEST 73 STREET NO 6C, NEW YORK, NY 10023

Signing Officer

Name
Michael Carson
Title
Executive Director
Phone
2127652300
Signed
2019-09-13
Discuss with paid preparer
Yes

Preparer

Firm
Ceasar & Smilow Llp
Address
60 CUTTER MILL ROAD SUITE 512, GREAT NECK, NY 11021
Preparer
Lawrence G Ceasar
Phone
5164665280
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

“Description: depreciation/amortization. Amount: 296.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: event costs. Amount: 7,263. Description: contest and miscellaneous. Amount: 1,550. Total to form 990-ez, line 16: 8,813.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other depreciable assets. Beg. Of year amount: 1,381. End of year amount: 789.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to/from michael carson productions. Beg. Of year amount: 29,380. End of year amount: 38,208.”

Raw XML Appendix135 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TAXPAYER
IRS990EZ/BooksInCareOfDetail/PhoneNum02127652300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0115 WEST 73 STREET APT 6C
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010023
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02104
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02262
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt041547
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9262
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt041700
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03485
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03051
IRS990EZ/GrossReceiptsAmt041547
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-25895
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-35157
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-25895
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-35157
IRS990EZ/OccupancyRentUtltsAndMaintAmt0296
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL CARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01381
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0789
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt08813
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THEATRICAL ARTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTION OF THEATRICAL ARTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt029380
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt038208
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt050809
IRS990EZ/TotalRevenueAmt041547
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09956
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt071434
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt071434
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011599
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05483
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09956
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt071434
IRS990ScheduleA/TotalSupportAmt071434
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 296.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: EVENT COSTS. AMOUNT: 7,263. DESCRIPTION: CONTEST AND MISCELLANEOUS. AMOUNT: 1,550. TOTAL TO FORM 990-EZ, LINE 16: 8,813.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 1,381. END OF YEAR AMOUNT: 789.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO/FROM MICHAEL CARSON PRODUCTIONS. BEG. OF YEAR AMOUNT: 29,380. END OF YEAR AMOUNT: 38,208.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02127652300
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INNOVATIVE ARTS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O MICHAEL CARSON
ReturnHeader/Filer/BusinessNameControlTxt0INNO
ReturnHeader/Filer/EIN0204913283
ReturnHeader/Filer/PhoneNum02127652300
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 WEST 73 STREET NO 6C
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010023
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E62641215B9C04E2942EC5CF58D930BD03D9B6CC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B1FE4B00A12B0B2B000A1C9C2D862060D15805CF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.14.92.10
ReturnHeader/FilingSecurityInformation/IPDt02019-09-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm018:56:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132623070
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CEASAR & SMILOW LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt060 CUTTER MILL ROAD SUITE 512
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREAT NECK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011021
ReturnHeader/PreparerPersonGrp/PhoneNum05164665280
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE G CEASAR
ReturnHeader/ReturnTs02019-09-13T17:56:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-05-01
ReturnHeader/TaxPeriodEndDt02019-04-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,051
Liabilities
$38,208
Net assets
-$35,157
Revenue
$41,547
Expenses
$50,809
Net income
-$9,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$3.39$61.3$57.9$2.89$25.7$22.8
2019Detailed filing. Detailed filing data is available for this year.$3.05$38.2$35.2$41.5$50.8$9.26
2017Detailed filing. Detailed filing data is available for this year.$1.50$29.1$27.6$5.48$17.2$11.7
2016Detailed filing. Detailed filing data is available for this year.$3.72$19.6$15.9$3.82$20.9$17.0
2015Detailed filing. Detailed filing data is available for this year.$3.48$2.32$1.16$9.96$9.58$0.38
2014Detailed filing. Detailed filing data is available for this year.$3.10$2.32$0.78$9.63$11.2$1.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$1.36$2.35$6.13$6.62$0.49
2012Summary only. Only limited summary data is available for this year.$3.29$0.46$4.20$5.25$1.06
2011Summary only. Only limited summary data is available for this year.$3.89$0.00$7.07$6.63$0.44