Civic Intelligence

Arts Equity

EIN 22-2869993 • 501(c)3 • Jamestown, RI

Profile

Arts related activities that provide opportunities to individuals with disabilities

142 Beacon AvenueJamestown, RI 02835

www.ri.vsarts.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

62nd percentile

9.0%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

56th percentile

0.8%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

14th percentile

-58%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Up

$29,797

Up $249 (+0.8%) from 2022

Liabilities

Down

$1,000

Down $1,500 (-60%) from 2022

Net Assets

Up

$28,797

Up $1,749 (+6.5%) from 2022

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

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $227,726Liabilities 2011: $24,479Net Assets 2011: $203,2472011Assets 2012: $217,824Liabilities 2012: $8,000Net Assets 2012: $209,8242012Assets 2013: $194,681Liabilities 2013: $7,900Net Assets 2013: $186,7812013Assets 2014: $228,965Liabilities 2014: $30,485Net Assets 2014: $198,4792014Assets 2015: $231,939Liabilities 2015: $39,245Net Assets 2015: $192,6942015Assets 2016: $219,871Liabilities 2016: $29,400Net Assets 2016: $190,4712016Assets 2017: $187,979Liabilities 2017: $26,900Net Assets 2017: $161,0792017Assets 2018: $122,761Liabilities 2018: $9,400Net Assets 2018: $113,3612018Assets 2019: $67,121Liabilities 2019: $2,500Net Assets 2019: $64,6212019Assets 2020: $35,938Liabilities 2020: $2,500Net Assets 2020: $33,4382020Assets 2021: $45,467Liabilities 2021: $2,500Net Assets 2021: $42,9672021Assets 2022: $29,548Liabilities 2022: $2,500Net Assets 2022: $27,0482022Assets 2023: $29,797Liabilities 2023: $1,000Net Assets 2023: $28,7972023

Highlighted filing

2023

Assets$29,797
Liabilities$1,000
Net Assets$28,797

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $307,347Expenses 2011: $287,137Net Income 2011: $20,2102011Revenue 2012: $233,873Expenses 2012: $227,296Net Income 2012: $6,5772012Expenses 2013: $198,5842013Revenue 2014: $205,555Expenses 2014: $193,857Net Income 2014: $11,6982014Revenue 2015: $159,466Expenses 2015: $165,251Net Income 2015: -$5,7852015Revenue 2016: $151,687Expenses 2016: $153,909Net Income 2016: -$2,2222016Revenue 2017: $126,737Expenses 2017: $156,130Net Income 2017: -$29,3932017Revenue 2018: $122,202Expenses 2018: $169,920Net Income 2018: -$47,7182018Revenue 2019: $86,208Expenses 2019: $134,948Net Income 2019: -$48,7402019Revenue 2020: $28,434Expenses 2020: $59,617Net Income 2020: -$31,1832020Revenue 2021: $25,226Expenses 2021: $15,697Net Income 2021: $9,5292021Revenue 2022: $46,332Expenses 2022: $62,251Net Income 2022: -$15,9192022Revenue 2023: $19,322Expenses 2023: $17,581Net Income 2023: $1,7412023

Highlighted filing

2023

Revenue$19,322
Expenses$17,581
Net Income$1,741

Filings

Latest Filing Detail
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

DescriptionGrantsExpenses
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

NameTitleFull / Part TimeBaseOtherTotal
ROSEMARY BURNSPresident-$0--
KAREN CLAVETVice Preside-$0--
FRED RADWAYTreasurer-$0--
KIM ASHSecretary-$0--
LINDSEY PAQUETTECo - Secreta-$0--
STUART GIANNINIMedia 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ROSEMARY BURNS
IRS990EZ/BooksInCareOfDetail/PhoneNum04015805502
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0142 BEACON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JAMESTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002835
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029262
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029797
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017815
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01741
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029556
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029797
IRS990EZ/GrossReceiptsAmt019322
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027056
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028797
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027056
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028797
IRS990EZ/OccupancyRentUtltsAndMaintAmt04998
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/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROSEMARY BURNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN CLAVET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2FRED RADWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KIM ASH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LINDSEY PAQUETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5STUART GIANNINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CO - SECRETA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEDIA CONSUL
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0294
IRS990EZ/OtherExpensesTotalAmt08085
IRS990EZ/OtherRevenueTotalAmt01500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ARTS RELATED ACTIVITIES THAT PROVIDE OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORKING TO CREATE A SOCIETY FOR PEOPLE WITH DISABILITIES TO LEARN TO PARTICIPATE IN THE ARTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WORKING TO CREATE A SOCIETY IN WHICH INDIVIDUALS WITH DISABILITIES CAN LEARN THROUGH, PARTICIPATE IN AND ENJOY THE ARTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014686
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04498
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02500
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017581
IRS990EZ/TotalProgramServiceExpensesAmt014686
IRS990EZ/TotalRevenueAmt019322
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RI.VSARTS.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt017815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046322
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt086106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0203855
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt073
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99890
IRS990ScheduleA/PublicSupportTotal170Amt0203855
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt017815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046322
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt025208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt028404
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt086106
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0203855
IRS990ScheduleA/TotalSupportAmt0203928
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC 1,500 TOTAL 1,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXP 3,012 TELEPHONE 1,550 INSURANCE 948 DIRECT EXPENSES FOR PROGR 2,575 TOTAL 8,085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 293 0 FIXED ASSETS 8,239 8,239 LESS ACCUMULATED DEPRECIATION 8,238 8,239 TOTAL 294 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,500 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARTS RELATED ACTIVITIES THAT PROVIDE OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WORKING TO CREATE A SOCIETY IN WHICH INDIVIDUALS WITH DISABILITIES CAN LEARN THROUGH, PARTICIPATE IN AND ENJOY THE ARTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSEMARY BURNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04017250247
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARTS EQUITY
ReturnHeader/Filer/BusinessNameControlTxt0ARTS
ReturnHeader/Filer/EIN0222869993
ReturnHeader/Filer/PhoneNum04015805502
ReturnHeader/Filer/USAddress/AddressLine1Txt0142 BEACON AVENUE
ReturnHeader/Filer/USAddress/CityNm0JAMESTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002835
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050505998
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CPA ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt051 JEFFERSON BLVD STE 2A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002888
ReturnHeader/PreparerPersonGrp/PhoneNum04014633003
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID P KREKORIAN CPA
ReturnHeader/ReturnTs02024-04-29T14:32:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROSEMARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BURNS
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.