Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Arts Council of the Morris Area
EIN 22-2012936 • 501(c)3 • Morristown, NJ
Profile
Morris arts' mission is to engage and build community through the arts with arts education programs, community arts events, support of local artists and organizations and advocacy for funding for the arts.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.28x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 15.8% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
27th percentile
Faster revenue growth than 27% of similar nonprofits.
Balance Sheet
Assets
Down$1,173,279
Down $47,586 (-3.9%) from 2023
Liabilities
Up$214,900
Up $22,967 (+12%) from 2023
Net Assets
Down$958,379
Down $70,553 (-6.9%) from 2023
Revenue
Up$1,288,317
Up $195,534 (+18%) from 2023
Expenses
Down$1,333,825
Down $8,634 (-0.6%) from 2023
Net Income
Up-$45,508
Up $204,168 (+82%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $1,173,279
- Liabilities
- $214,900
- Net assets
- $958,379
- Revenue
- $1,288,317
- Expenses
- $1,333,825
- Net income
- -$45,508