Civic Intelligence

Allens Lane Art Center Association

990 • Fiscal year 2022 • EIN 23-6005579

Sep 01, 2021 to Aug 31, 2022 • Filed on Apr 12, 2023

601 West Allens LanePhiladelphia, PA 19119

(215) 248-0546

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.25x

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

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

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

49th percentile

4.0%

Higher net margin than 49% of similar nonprofits.

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

Top Officer Pay

87th percentile

$28,750

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

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

Asset Growth

80th percentile

37%

Faster asset growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

63rd percentile

27%

Faster revenue growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$136,626

Up $36,548 (+37%) from 2021

Net Assets

Up

$102,008

Up $18,266 (+22%) from 2021

Liabilities

Up

$34,618

Up $18,282 (+112%) from 2021

Revenue

Up

$451,675

Up $94,942 (+27%) from 2021

Expenses

Up

$433,409

Up $140,179 (+48%) from 2021

Net Income

Down

$18,266

Down $45,237 (-71%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2015: $29,507Liabilities 2015: $29,605Net Assets 2015: -$982015Assets 2016: $31,781Liabilities 2016: $30,510Net Assets 2016: $1,2712016Assets 2017: $28,760Liabilities 2017: $40,568Net Assets 2017: -$11,8082017Assets 2018: $35,101Liabilities 2018: $48,792Net Assets 2018: -$13,6912018Assets 2019: $34,950Liabilities 2019: $38,554Net Assets 2019: -$3,6042019Assets 2020: $36,300Liabilities 2020: $16,061Net Assets 2020: $20,2392020Assets 2021: $100,078Liabilities 2021: $16,336Net Assets 2021: $83,7422021Assets 2022: $136,626Liabilities 2022: $34,618Net Assets 2022: $102,0082022Assets 2023: $198,017Liabilities 2023: $50,679Net Assets 2023: $147,3382023Assets 2024: $276,042Liabilities 2024: $46,858Net Assets 2024: $229,1842024

Highlighted filing

2022

Assets$136,626
Liabilities$34,618
Net Assets$102,008

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2015: $363,277Expenses 2015: $362,862Net Income 2015: $4152015Revenue 2016: $339,418Expenses 2016: $331,693Net Income 2016: $7,7252016Revenue 2017: $333,386Expenses 2017: $346,465Net Income 2017: -$13,0792017Revenue 2018: $336,600Expenses 2018: $338,483Net Income 2018: -$1,8832018Revenue 2019: $347,742Expenses 2019: $337,655Net Income 2019: $10,0872019Revenue 2020: $315,161Expenses 2020: $291,318Net Income 2020: $23,8432020Revenue 2021: $356,733Expenses 2021: $293,230Net Income 2021: $63,5032021Revenue 2022: $451,675Expenses 2022: $433,409Net Income 2022: $18,2662022Revenue 2023: $539,135Expenses 2023: $493,805Net Income 2023: $45,3302023Revenue 2024: $667,370Expenses 2024: $585,524Net Income 2024: $81,8462024

Highlighted filing

2022

Revenue$451,675
Expenses$433,409
Net Income$18,266
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Apr 12, 2023
Return Version
2021v4.1
Gross Receipts
$451,675
Mission and Program Overview

Mission

The Organization provides programs and activities to bring a diverse community together to experience and support the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$72,612$91,941▲ $19,329
Land, Buildings, and Equipment, Net$10,603$30,291▲ $19,688
Prepaid Expenses and Deferred Charges$16,603$14,394▼ $2,209
Accounts Receivable$260$0▼ $260
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$100,078$136,626▲ $36,548
Other Assets Total-$0-
Liabilities
Deferred Revenue$9,415$27,030▲ $17,615
Accounts Payable and Accrued Expenses$6,921$7,588▲ $667
Total Liabilities$16,336$34,618▲ $18,282
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$83,742$90,916▲ $7,174
Net Assets With Donor Restrictions-$11,092-
Total Net Assets Fund Balance$83,742$102,008▲ $18,266
Total Liabilities and Net Assets / Fund Balance$100,078$136,626▲ $36,548

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,142$44,365$57,507
Leasehold Improvements$17,149$451$17,600
Buildings-$673,133-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nancy SophyExec. DirectorFT$28,750$28,750

Board Members and Trustees

NameTitle
Susan MatyasPresident
Laurence LissVice President
Dan MoscowBoard Member
Ilene BurakBoard member
Kenneth WeinerBoard member
Mary KurtzBoard Member
Melissa Glenn-flemmingBoard Member
Sigrid LundbyBoard member
Barbara WallaceFormer Member
Ilene HassFormer Member
Nina GrierFormer Member
Dorel ShanonFormer Sec.
Frank AloiseFormer Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$183,992
Program Service Revenue
$253,478
Investment Income
$0
Other Revenue
$14,205
All Other Contributions
$164,821
Change in Net Assets
$18,266

Audited Revenue Reconciliation

Revenue per Audited Statements
$451,675
Revenue Not Reported on Form 990
$97,500
Total Revenue per Audited Statements
$549,175
Total Revenue per Form 990
$451,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$285,219
Other Expenses$148,190
Total Fundraising Expense$28,522
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$145,330$41,523$20,761$207,614
Current Officers, Directors, Trustees, and Key Employees$40,046$11,441$5,721$57,208
Office Expenses$25,631$6,408-$32,039
Payroll Taxes$14,260$4,074$2,037$20,371
Insurance$9,638$2,409-$12,047
Fees for Services Accounting-$7,636-$7,636
Advertising$5,525--$5,525
Other Expenses$2,393$598-$2,991
Royalties$2,640--$2,640
Depreciation Depletion-$1,612-$1,612
All Other Expenses-$745-$745
Other Employee Benefits$18$5$3$26
Interest-$13-$13
Total Functional Expenses$328,423$76,464$28,522$433,409

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$530,909
Expenses per Audited Statements$433,409
Total Expenses per Form 990$433,409
Expenses Not Reported on Form 990$97,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Organization's Executive Director and the Treasurer review and approve the Form 990 before it is filed with the Internal Revenue Service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

An interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board. The board then votes on the transaction or arrangement involving possible conflict of interest.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The Organization's documents, including Form 990, annual independent audit and related governing documents are available to the public at its place of business daily during normal business hours.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Organization's documents, including annual independent audit and related governing documents are available to the public at its place of business daily during normal business hours.

Filing and Contact Details

Filer

Filer Name
Allens Lane Art Center
EIN
23-6005579
Phone
2152480546
Address
601 WEST ALLENS LANE, PHILADELPHIA, PA 19119

Signing Officer

Name
Vita Litvak
Title
Executive Director
Signed
2023-04-12
Discuss with paid preparer
Yes

Organization Details

Formed
1955
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
31
Volunteers
20

Preparer

Firm
Morey Nee Buck & Oswald LLC
Address
2571 Baglyos Cir Ste B20, Bethlehem, PA 18020
Preparer
William C Oswald
Phone
6108821000
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken. Management has performed their evaluation and believes there are no unrecognized tax positions that are required to be disclosed.The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for tax periods in progress. The Organizations policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.

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IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt010603
IRS990/LandBldgEquipBasisNetGrp/EOYAmt030291
IRS990/LandBldgEquipCostOrOtherBssAmt0748240
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Organization provides programs and activities to bring a diverse community together to experience and support the arts.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt083742
IRS990/NetAssetsOrFundBalancesEOYAmt0102008
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02400
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02400
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt083742
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt090916
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06408
IRS990/OfficeExpensesGrp/ProgramServicesAmt025631
IRS990/OfficeExpensesGrp/TotalAmt032039
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026
IRS990/OtherExpensesGrp/Desc0theater activities
IRS990/OtherExpensesGrp/Desc1camp and art supplies
IRS990/OtherExpensesGrp/Desc2repairs and maintenance
IRS990/OtherExpensesGrp/Desc3telephone
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0598
IRS990/OtherExpensesGrp/ProgramServicesAmt039764
IRS990/OtherExpensesGrp/ProgramServicesAmt128660
IRS990/OtherExpensesGrp/ProgramServicesAmt214518
IRS990/OtherExpensesGrp/ProgramServicesAmt32393
IRS990/OtherExpensesGrp/TotalAmt039764
IRS990/OtherExpensesGrp/TotalAmt128660
IRS990/OtherExpensesGrp/TotalAmt214518
IRS990/OtherExpensesGrp/TotalAmt32991
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011805
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011805
IRS990/OtherRevenueTotalAmt011805
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020761
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0145330
IRS990/OtherSalariesAndWagesGrp/TotalAmt0207614
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02037
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04074
IRS990/PayrollTaxesGrp/ProgramServicesAmt014260
IRS990/PayrollTaxesGrp/TotalAmt020371
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016603
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014394
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IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0Classes
IRS990/ProgramServiceRevenueGrp/Desc1Gallery commissions
IRS990/ProgramServiceRevenueGrp/Desc2Summer camp
IRS990/ProgramServiceRevenueGrp/Desc3Theatre
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt092380
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123786
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2119915
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt092380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123786
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2119915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317397
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0183873
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt087557
IRS990/PYOtherRevenueAmt07052
IRS990/PYProgramServiceRevenueAmt0165808
IRS990/PYRevenuesLessExpensesAmt063503
IRS990/PYSalariesCompEmpBnftPaidAmt0205673
IRS990/PYTotalExpensesAmt0293230
IRS990/PYTotalRevenueAmt0356733
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt018266
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02400
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0267683
IRS990/RoyaltiesGrp/ProgramServicesAmt02640
IRS990/RoyaltiesGrp/TotalAmt02640
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0673133
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0673133
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt097500
IRS990ScheduleD/DonatedServicesUseFcltsAmt097500
IRS990ScheduleD/EquipmentGrp/BookValueAmt013142
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044365
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt057507
IRS990ScheduleD/ExpensesNotReportedAmt097500
IRS990ScheduleD/ExpensesSubtotalAmt0433409
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt017149
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0451
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt017600
IRS990ScheduleD/RevenueNotReportedAmt097500
IRS990ScheduleD/RevenueSubtotalAmt0451675
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken. Management has performed their evaluation and believes there are no unrecognized tax positions that are required to be disclosed.The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for tax periods in progress. The Organizations policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote

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