Civic Intelligence

Loft Artist Association Inc

EIN 22-2767244 • 501(c)3 • Stamford, CT

Profile

To provide artists with a supportive environment, opportunities to exhibit their work, networking opportunities and to reach out to the community at large with education and artistic expression.

PO Box 113313Stamford, CT 06911-0601

www.loftartists.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

49th percentile

1.0%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

58th percentile

2.4%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$48,831

Down $13,822 (-22%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

$48,831

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin49th percentile

Revenue

Down

$146,694

Down $3,151 (-2.1%) from 2023

Expenses

Up

$160,516

Up $12,122 (+8.2%) from 2023

Net Income

Down

-$13,822

Down $15,273 (-1053%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

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

$100K$50K$0Assets 2014: $48,058Liabilities 2014: $10,0002014Assets 2015: $60,362Liabilities 2015: $10,000Net Assets 2015: $50,3622015Assets 2016: $74,584Liabilities 2016: $8,748Net Assets 2016: $65,8362016Assets 2017: $78,132Net Assets 2017: $78,1322017Assets 2018: $86,144Net Assets 2018: $86,1442018Assets 2019: $80,645Net Assets 2019: $80,6452019Assets 2020: $74,715Net Assets 2020: $74,7152020Assets 2021: $75,455Net Assets 2021: $75,4552021Assets 2022: $61,202Net Assets 2022: $61,2022022Assets 2023: $62,653Liabilities 2023: $02023Assets 2024: $48,831Liabilities 2024: $0Net Assets 2024: $48,8312024

Highlighted filing

2024

Assets$48,831
Liabilities$0
Net Assets$48,831
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2014: $152,828Expenses 2014: $145,324Net Income 2014: $7,5042014Revenue 2015: $142,230Expenses 2015: $129,926Net Income 2015: $12,3042015Revenue 2016: $151,972Expenses 2016: $136,498Net Income 2016: $15,4742016Revenue 2017: $158,683Expenses 2017: $146,387Net Income 2017: $12,2962017Revenue 2018: $149,620Expenses 2018: $141,608Net Income 2018: $8,0122018Revenue 2019: $147,916Expenses 2019: $153,415Net Income 2019: -$5,4992019Revenue 2020: $132,183Expenses 2020: $138,113Net Income 2020: -$5,9302020Revenue 2021: $140,786Expenses 2021: $140,046Net Income 2021: $7402021Revenue 2022: $127,355Expenses 2022: $141,608Net Income 2022: -$14,2532022Revenue 2023: $149,845Expenses 2023: $148,394Net Income 2023: $1,4512023Revenue 2024: $146,694Expenses 2024: $160,516Net Income 2024: -$13,8222024

Highlighted filing

2024

Revenue$146,694
Expenses$160,516
Net Income-$13,822
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$48,831
Liabilities
$0
Net assets
$48,831
Revenue
$146,694
Expenses
$160,516
Net income
-$13,822
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$1.47$1.61$0.14
2023Summary only. Only limited summary data is available for this year.$0.63$0.00$1.50$1.48$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.61$0.61$1.27$1.42$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.75$1.41$1.40$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.75$1.32$1.38$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.81$1.48$1.53$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.86$1.50$1.42$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.78$1.59$1.46$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.09$0.66$1.52$1.36$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.10$0.50$1.42$1.30$0.12
2014Summary only. Only limited summary data is available for this year.$0.48$0.10$1.53$1.45$0.08
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 9, 2023
Return Version
2022v5.0
Gross Receipts
$127,880
Mission and Program Overview

Mission

To provide artists with a supportive environment, opportunities to exhibit their work, networking opportunities and to reach out to the community at large with education and artistic expression.

Program Services

DescriptionGrantsExpenses
EDUCATIONAL PROGRAMMING FOR FREE VIRTUAL ART CLASSES FOR CHILDREN AND ADULTS SERVING 120 PEOPLE.$7,620$11,243
2022 ANNUAL OPEN STUDIOS. PEOPLE SERVED 350.$5,080$5,080
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALMUDENA FERNANDEZ VICENSTrustee-$0--
MARK MACRIDESExecutive Di-$0--
SANDRA STADTMILLERTrustee-$0--
DOROTHY MCCLURESecretary-$0--
JOYCE GRASSOTrustee-$0--
JULIE DIBIASETrustee-$0--
CATHERINE HORANTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Loft Artists Association Inc
EIN
22-2767244
Phone
2032472027
Address
PO BOX 113313, STAMFORD, CT 06911-0601

Signing Officer

Name
Dorothy Mcclure
Title
Secretary
Phone
2032782017
Signed
2023-08-09
Discuss with paid preparer
Yes

Preparer

Firm
Peretz Resnick Papaleo & Co Inc
Address
303 S BROADWAY STE 105, TARRYTOWN, NY 10591
Preparer
Mark J Hausner
Phone
9143325393
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing 3,623 show expene 1,356 ct filing fees 50 workshop expenses 2,141 commissions 357 bank fees 93 total 7,620”

Form 990-ez, Part II, Line 24

“Miscellaneous rec 1,169 1,239 total 1,169 1,239”

Form 990-ez, Part III

“To provide artists with a supportive environment, opportunities to exhibit their work, networking opportunities and to reach out to the community at large with education and artistic expression.”

Raw XML Appendix171 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DOROTHY MCCLURE
IRS990EZ/BooksInCareOfDetail/PhoneNum02032472027
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 113313
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STAMFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006911
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt074286
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059963
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017807
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14253
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04800
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt075455
IRS990EZ/Form990TotalAssetsGrp/EOYAmt061202
IRS990EZ/FundraisingGrossIncomeAmt0596
IRS990EZ/GrossReceiptsAmt0127880
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0109477
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt075455
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061202
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt075455
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061202
IRS990EZ/OccupancyRentUtltsAndMaintAmt0123786
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALMUDENA FERNANDEZ VICENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK MACRIDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SANDRA STADTMILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DOROTHY MCCLURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOYCE GRASSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JULIE DIBIASE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CATHERINE HORAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01169
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01239
IRS990EZ/OtherExpensesTotalAmt07620
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ARTISTS WITH A SUPPORTIVE ENVIRONMENT, OPPORTUNITIES TO EXHIBIT THEIR WORK, NETWORKING OPPORTUNITIES AND TO REACH OUT TO THE COMMUNITY AT LARGE WITH EDUCATION AND ARTISTIC EXPRESSION.
IRS990EZ/PrintingPublicationsPostageAmt0652
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL PROGRAMMING FOR FREE VIRTUAL ART CLASSES FOR CHILDREN AND ADULTS SERVING 120 PEOPLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt12022 ANNUAL OPEN STUDIOS. PEOPLE SERVED 350.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07620
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15080
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011243
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15080
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04750
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0525
IRS990EZ/SpecialEventsNetIncomeLossAmt071
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0141608
IRS990EZ/TotalProgramServiceExpensesAmt016323
IRS990EZ/TotalRevenueAmt0127355
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LOFTARTISTS.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017807
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020062
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt022529
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt027769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0157020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0245187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0110073
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0122174
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0109654
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0132110
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0474011
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0719198
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0127880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0142236
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0132183
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0159879
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0157020
IRS990ScheduleA/Total509Grp/TotalAmt0719198
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0127880
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0142236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0132183
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0159879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0157020
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0719198
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 3,623 SHOW EXPENE 1,356 CT FILING FEES 50 WORKSHOP EXPENSES 2,141 COMMISSIONS 357 BANK FEES 93 TOTAL 7,620
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS REC 1,169 1,239 TOTAL 1,169 1,239
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE ARTISTS WITH A SUPPORTIVE ENVIRONMENT, OPPORTUNITIES TO EXHIBIT THEIR WORK, NETWORKING OPPORTUNITIES AND TO REACH OUT TO THE COMMUNITY AT LARGE WITH EDUCATION AND ARTISTIC EXPRESSION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOROTHY MCCLURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02032782017
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOFT ARTISTS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LOFT
ReturnHeader/Filer/EIN0222767244
ReturnHeader/Filer/PhoneNum02032472027
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 113313
ReturnHeader/Filer/USAddress/CityNm0STAMFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd0069110601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273256046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PERETZ RESNICK PAPALEO & CO INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0303 S BROADWAY STE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TARRYTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010591
ReturnHeader/PreparerPersonGrp/PhoneNum09143325393
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK J HAUSNER
ReturnHeader/ReturnTs02023-08-09T12:25:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOROTHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCLURE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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