Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
50th percentile
Faster asset growth than 50% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Balance Sheet
Assets
Up$29,797
Up $249 (+0.8%) from 2022
Net Assets
Up$28,797
Up $1,749 (+6.5%) from 2022
Liabilities
Down$1,000
Down $1,500 (-60%) from 2022
Revenue And Expenses
Revenue
Down$19,322
Down $27,010 (-58%) from 2022
Expenses
Down$17,581
Down $44,670 (-72%) from 2022
Net Income
Up$1,741
Up $17,660 (+111%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2022 to Sep 30, 2023
- Signed
- Dec 12, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $19,322
Mission and Program Overview
Mission
Arts related activities that provide opportunities to individuals with disabilities
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WORKING TO CREATE A SOCIETY IN WHICH INDIVIDUALS WITH DISABILITIES CAN LEARN THROUGH, PARTICIPATE IN AND ENJOY THE ARTS. | - | $14,686 |
| WORKING TO CREATE A SOCIETY FOR PEOPLE WITH DISABILITIES TO LEARN TO PARTICIPATE IN THE ARTS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROSEMARY BURNS | President | - | $0 | - | - |
| KAREN CLAVET | Vice Preside | - | $0 | - | - |
| FRED RADWAY | Treasurer | - | $0 | - | - |
| KIM ASH | Secretary | - | $0 | - | - |
| LINDSEY PAQUETTE | Co - Secreta | - | $0 | - | - |
| STUART GIANNINI | Media Consul | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Arts Equity
- EIN
- 22-2869993
- Phone
- 4015805502
- Address
- 142 BEACON AVENUE, JAMESTOWN, RI 02835
Signing Officer
- Name
- Rosemary Burns
- Title
- President
- Phone
- 4017250247
- Signed
- 2023-12-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- CPA Associates
- Address
- 51 JEFFERSON BLVD STE 2A, WARWICK, RI 02888
- Preparer
- David P Krekorian CPA
- Phone
- 4014633003
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“MISC 1,500 TOTAL 1,500”
Form 990-ez, Part I, Line 16
“Expenses office exp 3,012 telephone 1,550 insurance 948 direct expenses for progr 2,575 total 8,085”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 293 0 fixed assets 8,239 8,239 less accumulated depreciation 8,238 8,239 total 294 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,500 1,000”
Form 990-ez, Part III
“Arts related activities that provide opportunities to individuals with disabilities”
Form 990-ez, Part III, Line 31
“Working to create a society in which individuals with disabilities can learn through, participate in and enjoy the arts.”
Raw XML Appendix155 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ROSEMARY BURNS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4015805502 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 142 BEACON STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | JAMESTOWN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02835 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29262 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 29797 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 17815 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1741 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29556 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 29797 |
| IRS990EZ/GrossReceiptsAmt | 0 | 19322 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 27056 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 28797 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 27056 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 28797 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4998 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROSEMARY BURNS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KAREN CLAVET |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | FRED RADWAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KIM ASH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | LINDSEY PAQUETTE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | STUART GIANNINI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | CO - SECRETA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MEDIA CONSUL |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 294 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8085 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1500 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ARTS RELATED ACTIVITIES THAT PROVIDE OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WORKING TO CREATE A SOCIETY FOR PEOPLE WITH DISABILITIES TO LEARN TO PARTICIPATE IN THE ARTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | WORKING TO CREATE A SOCIETY IN WHICH INDIVIDUALS WITH DISABILITIES CAN LEARN THROUGH, PARTICIPATE IN AND ENJOY THE ARTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14686 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 4498 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2500 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 17581 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 14686 |
| IRS990EZ/TotalRevenueAmt | 0 | 19322 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.RI.VSARTS.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 17815 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 46322 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25208 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 28404 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 86106 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 203855 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 73 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1500 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99890 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 203855 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 17815 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 46322 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25208 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 28404 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 86106 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 203855 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 203928 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISC 1,500 TOTAL 1,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE EXP 3,012 TELEPHONE 1,550 INSURANCE 948 DIRECT EXPENSES FOR PROGR 2,575 TOTAL 8,085 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PREPAID EXPENSES AND DEFERRED CHARGES 293 0 FIXED ASSETS 8,239 8,239 LESS ACCUMULATED DEPRECIATION 8,238 8,239 TOTAL 294 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,500 1,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ARTS RELATED ACTIVITIES THAT PROVIDE OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | WORKING TO CREATE A SOCIETY IN WHICH INDIVIDUALS WITH DISABILITIES CAN LEARN THROUGH, PARTICIPATE IN AND ENJOY THE ARTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROSEMARY BURNS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4017250247 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-12-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ARTS EQUITY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ARTS |
| ReturnHeader/Filer/EIN | 0 | 222869993 |
| ReturnHeader/Filer/PhoneNum | 0 | 4015805502 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 142 BEACON AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JAMESTOWN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02835 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 050505998 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CPA ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 51 JEFFERSON BLVD STE 2A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WARWICK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02888 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4014633003 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-04-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID P KREKORIAN CPA |
| ReturnHeader/ReturnTs | 0 | 2024-04-29T14:32:32-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROSEMARY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BURNS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-09-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $29,797
- Liabilities
- $1,000
- Net assets
- $28,797
- Revenue
- $19,322
- Expenses
- $17,581
- Net income
- $1,741