Civic Intelligence

As 220

EIN 22-2754566 • 501(c)3 • Providence, RI

Profile

We the people of Rhode Island associate ourselves for the purpose of providing a local forum and home for the arts through the maintenance of residential and work studios galleries performance and educational spaces. Exhibitions and performances in the forum will be unjuried uncensored and open to the general public. Our facilities and services are made available to all artists who need a place to exhibit perform or create their original artwork especially those who cannot obtain space to exhibit or perform from traditional sources because of financial or other limitations.

95 Mathewson St 204Providence, RI 02903-1848

https: as220.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.42x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

8th percentile

-36%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-4.5%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$14,476,562

Down $682,214 (-4.5%) from 2023

Liabilities

Up

$3,760,817

Up $271,117 (+7.8%) from 2023

Net Assets

Down

$10,715,745

Down $953,331 (-8.2%) from 2023

Revenue

Up

$2,639,758

Up $549,361 (+26%) from 2023

Expenses

Up

$3,593,089

Up $491,815 (+16%) from 2023

Net Income

Up

-$953,331

Up $57,546 (+5.7%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $6,768,118Liabilities 2010: $699,950Net Assets 2010: $6,068,1682010Assets 2011: $6,645,298Liabilities 2011: $562,172Net Assets 2011: $6,083,1262011Assets 2012: $11,796,620Liabilities 2012: $708,576Net Assets 2012: $11,088,0442012Assets 2013: $11,918,813Liabilities 2013: $1,775,343Net Assets 2013: $10,143,4702013Assets 2014: $11,421,928Liabilities 2014: $1,902,213Net Assets 2014: $9,519,7152014Assets 2015: $15,986,781Liabilities 2015: $2,193,867Net Assets 2015: $13,792,9142015Assets 2016: $16,143,139Liabilities 2016: $2,436,093Net Assets 2016: $13,707,0462016Assets 2017: $15,953,248Liabilities 2017: $2,380,891Net Assets 2017: $13,572,3572017Assets 2018: $16,036,536Liabilities 2018: $2,022,877Net Assets 2018: $14,013,6592018Assets 2019: $18,418,849Liabilities 2019: $3,441,792Net Assets 2019: $14,977,0572019Assets 2020: $18,007,342Liabilities 2020: $3,651,599Net Assets 2020: $14,355,7432020Assets 2021: $17,567,795Liabilities 2021: $3,386,796Net Assets 2021: $14,180,9992021Assets 2022: $17,745,095Liabilities 2022: $3,416,511Net Assets 2022: $14,328,5842022Assets 2023: $15,158,776Liabilities 2023: $3,489,700Net Assets 2023: $11,669,0762023Assets 2024: $14,476,562Liabilities 2024: $3,760,817Net Assets 2024: $10,715,7452024

Highlighted filing

2024

Assets$14,476,562
Liabilities$3,760,817
Net Assets$10,715,745

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,138,2122010Revenue 2011: $2,241,623Expenses 2011: $2,226,665Net Income 2011: $14,9582011Expenses 2012: $2,182,4642012Expenses 2013: $2,433,4812013Revenue 2014: $2,093,495Expenses 2014: $2,717,250Net Income 2014: -$623,7552014Revenue 2015: $6,664,777Expenses 2015: $2,391,578Net Income 2015: $4,273,1992015Revenue 2016: $2,547,521Expenses 2016: $2,633,389Net Income 2016: -$85,8682016Revenue 2017: $2,402,163Expenses 2017: $2,536,852Net Income 2017: -$134,6892017Revenue 2018: $3,245,767Expenses 2018: $2,804,465Net Income 2018: $441,3022018Revenue 2019: $3,439,303Expenses 2019: $2,546,755Net Income 2019: $892,5482019Revenue 2020: $2,188,031Expenses 2020: $2,809,345Net Income 2020: -$621,3142020Revenue 2021: $1,950,370Expenses 2021: $2,125,114Net Income 2021: -$174,7442021Revenue 2022: $2,442,996Expenses 2022: $2,472,638Net Income 2022: -$29,6422022Revenue 2023: $2,090,397Expenses 2023: $3,101,274Net Income 2023: -$1,010,8772023Revenue 2024: $2,639,758Expenses 2024: $3,593,089Net Income 2024: -$953,3312024

Highlighted filing

2024

Revenue$2,639,758
Expenses$3,593,089
Net Income-$953,331

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.5$3.76$10.7$2.64$3.59$0.95
2023Detailed filing. Detailed filing data is available for this year.$15.2$3.49$11.7$2.09$3.10$1.01
2022Detailed filing. Detailed filing data is available for this year.$17.7$3.42$14.3$2.44$2.47$0.03
2021Detailed filing. Detailed filing data is available for this year.$17.6$3.39$14.2$1.95$2.13$0.17
2020Detailed filing. Detailed filing data is available for this year.$18.0$3.65$14.4$2.19$2.81$0.62
2019Detailed filing. Detailed filing data is available for this year.$18.4$3.44$15.0$3.44$2.55$0.89
2018Detailed filing. Detailed filing data is available for this year.$16.0$2.02$14.0$3.25$2.80$0.44
2017Detailed filing. Detailed filing data is available for this year.$16.0$2.38$13.6$2.40$2.54$0.13
2016Detailed filing. Detailed filing data is available for this year.$16.1$2.44$13.7$2.55$2.63$0.09
2015Summary only. Only limited summary data is available for this year.$16.0$2.19$13.8$6.66$2.39$4.27
2014Detailed filing. Detailed filing data is available for this year.$11.4$1.90$9.52$2.09$2.72$0.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$1.78$10.1$2.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$0.71$11.1$2.18
2011Summary only. Only limited summary data is available for this year.$6.65$0.56$6.08$2.24$2.23$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.70$6.07$2.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,639,758
Mission and Program Overview

Mission

We, the people of rhode island, associate ourselves for the purpose of providing a local forum and home for the arts, through the maintenance of residential and work studios, galleries, performance and educational spaces. Exhibitions and (continued on schedule o)performances in the forum will be unjuried, uncensored and open to the general public. Our facilities and services are made available to all artists who need a place to exhibit, perform, or create their original artwork, especially those who cannot obtain space to exhibit or perform from traditional sources because of financial or other limitations.

AS220 is a nonprofit community arts organization providing affordable access to opportunities to learn create present and perform live and earn a living for all Rhode Islanders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$10,757,243$10,389,507▼ $367,736
Land, Buildings, and Equipment, Net$3,929,932$3,689,193▼ $240,739
Accounts Receivable$353,562$313,019▼ $40,543
Cash and Non-Interest-Bearing Accounts$79,960$65,701▼ $14,259
Prepaid Expenses and Deferred Charges$31,162$12,878▼ $18,284
Intangible Assets$6,917$6,264▼ $653
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$15,158,776$14,476,562▼ $682,214
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,028,375$3,140,111▲ $111,736
Other Liabilities$259,480$294,080▲ $34,600
Accounts Payable and Accrued Expenses$150,465$259,472▲ $109,007
Deferred Revenue$51,380$67,154▲ $15,774
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,489,700$3,760,817▲ $271,117
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,488,037$10,469,300▼ $1,018,737
Net Assets With Donor Restrictions$181,039$246,445▲ $65,406
Total Net Assets Fund Balance$11,669,076$10,715,745▼ $953,331
Total Liabilities and Net Assets / Fund Balance$15,158,776$14,476,562▼ $682,214

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,527,136$2,747,900$6,275,036
Leasehold Improvements$82,057$147,706$229,763
Land$80,000-$80,000
Investment Program Related Org$5,230,553--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ashley NewmannCo-Executive DirectorFT$65,967$23,853$89,820
Shauna DuffyCo-Executive DirectorFT$69,425$15,075$84,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$970,332
Program Service Revenue
$1,669,426
Investment Income
$0
Other Revenue
$0
All Other Contributions
$922,332
Change in Net Assets
$-953,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,852,355
Other Expenses$1,740,734
Total Fundraising Expense$159,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,192,384$80,624$93,758$1,366,766
Depreciation Depletion$219,010$38,857$0$257,867
Occupancy$191,661$26,684$2,400$220,745
Current Officers, Directors, Trustees, and Key Employees$89,180$43,519$43,519$176,218
Other Employee Benefits$147,188$14,984$6,282$168,454
Fees for Services Other$159,569$0$84$159,653
Payroll Taxes$114,170$14,717$12,030$140,917
Interest$22,891$73,310$0$96,201
Office Expenses$55,887$2,715$0$58,602
Insurance$17,630$21,281$0$38,911
Fees for Services Accounting$0$6,517$0$6,517
Fees for Services Legal$0$4,253$0$4,253
Travel$3,824$0$0$3,824
Total Functional Expenses$2,738,519$695,197$159,373$3,593,089
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Short-term Loans from Long-term Investment Entities$198,000
Accrued Deferred Interest$96,080
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 12C

The organizations conflict of interest policy is provided to all officers directors and key employees. Annually these individuals are asked to review the policy and sign a statement indicating that they understand the policy have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the chair of the board of directors to determine if a conflict actually exists. In those instances where the potential transaction is a conflict the board examines the transaction and a vote is taken with those involved recusing themselves as to whether the organization will enter into the transaction.

Part VI, Line 15

AS220 has an Equitable Pay process that was launched in 2023. A staff committee and the Leadership Team collaborated with the Board of Directors to design a pay structure incorporating tiers for different levels of responsibilities supervisory responsibility and tenure. The Board reviewed proposed new compensation tiers and the current budget to determine pay levels that are reasonable as a starting point in this transition. Through a formula new compensation was approved by the Board of Directors for the Co-Executive Directors as well as other senior members of the AS220 staff. On an ongoing basis compensation is determined in conjunction with the annual budgeting process: staff propose a draft budget which is reviewed in detail by the Risk & Finance Committee including changes to the Equitable Pay rates.

Part VI, Line 19

As220 makes its governing documents conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
As 220
EIN
22-2754566
In Care Of
% Shauna Duffy
Phone
4018319327
Address
95 MATHEWSON ST 204, PROVIDENCE, RI 02903-1848

Signing Officer

Name
Shauna Duffy
Title
Co-Executive Director
Signed
2025-05-15

Organization Details

Formed
1986
Legal Domicile
Ri
Voting Board Members
11
Independent Board Members
11
Employees
85
Volunteers
50
Supplemental Narrative

Financial Statement Notes

Part X, line 2

The Organizations evaluate all significant tax positions as required by GAAP. As of the June 30 2024 the organization does not believe it has taken any positions that would require the recording of any additional tax liability nor does it believe there are any realized tax benefits that would either increase or decrease within the next twelve months. The Organizations income tax returns are subject to examination by the appropriate taxing jurisdiction and remain open for review for three years from the date filed with each taxing jurisdiction.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Ashley Newmann
IRS990/Form990PartVIISectionAGrp/PersonNm1Shauna Duffy
IRS990/Form990PartVIISectionAGrp/PersonNm2Janella Watson
IRS990/Form990PartVIISectionAGrp/PersonNm3Aarin Clemons
IRS990/Form990PartVIISectionAGrp/PersonNm4Michael Dupuis
IRS990/Form990PartVIISectionAGrp/PersonNm5Lauren Faria
IRS990/Form990PartVIISectionAGrp/PersonNm6Savannah DaCruz
IRS990/Form990PartVIISectionAGrp/PersonNm7Lizzie Araujo
IRS990/Form990PartVIISectionAGrp/PersonNm8Caroline Mailloux
IRS990/Form990PartVIISectionAGrp/PersonNm9Felicia Megginson
IRS990/Form990PartVIISectionAGrp/PersonNm10Ashley Paniagua
IRS990/Form990PartVIISectionAGrp/PersonNm11Joshua Wynn
IRS990/Form990PartVIISectionAGrp/PersonNm12Tim Hamlin
IRS990/Form990PartVIISectionAGrp/PersonNm13Vatic Astahili Tayari Kuumba
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Co-Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director till 12-23
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/MissionDesc0We the people of Rhode Island associate ourselves for the purpose of providing a local forum and home for the arts through the maintenance of residential and work studios galleries performance and educational spaces. Exhibitions and performances in the forum will be unjuried uncensored and open to the general public. Our facilities and services are made available to all artists who need a place to exhibit perform or create their original artwork especially those who cannot obtain space to exhibit or perform from traditional sources because of financial or other limitations.
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