Civic Intelligence

Tryon Painters and Sculptors Inc

990 • Fiscal year 2021 • EIN 23-7057270

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 06, 2022

PO Box 384 78 North Trade StreetTryon, NC 28782

(864) 457-5099

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

33%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

59th percentile

13%

Faster asset growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

62%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$420,911

Up $49,221 (+13%) from 2020

Net Assets

Up

$397,403

Up $52,501 (+15%) from 2020

Liabilities

Down

$23,508

Down $3,280 (-12%) from 2020

Revenue

Up

$159,714

Up $60,975 (+62%) from 2020

Expenses

Up

$107,213

Up $25,271 (+31%) from 2020

Net Income

Up

$52,501

Up $35,704 (+213%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $372,275Liabilities 2015: $42,702Net Assets 2015: $329,5732015Assets 2016: $359,266Liabilities 2016: $39,145Net Assets 2016: $320,1212016Assets 2017: $367,152Liabilities 2017: $35,487Net Assets 2017: $331,6652017Assets 2018: $350,771Liabilities 2018: $32,225Net Assets 2018: $318,5462018Assets 2019: $346,547Liabilities 2019: $29,624Net Assets 2019: $316,9232019Assets 2020: $371,690Liabilities 2020: $26,788Net Assets 2020: $344,9022020Assets 2021: $420,911Liabilities 2021: $23,508Net Assets 2021: $397,4032021Assets 2022: $408,921Liabilities 2022: $5,790Net Assets 2022: $403,1312022Assets 2023: $459,656Liabilities 2023: $8,245Net Assets 2023: $451,4112023Assets 2024: $568,912Liabilities 2024: $35,699Net Assets 2024: $533,2132024

Highlighted filing

2021

Assets$420,911
Liabilities$23,508
Net Assets$397,403

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2015: $100,734Expenses 2015: $64,708Net Income 2015: $36,0262015Revenue 2016: $36,675Expenses 2016: $52,008Net Income 2016: -$15,3332016Revenue 2017: $65,630Expenses 2017: $64,865Net Income 2017: $7652017Revenue 2018: $76,519Expenses 2018: $84,558Net Income 2018: -$8,0392018Revenue 2019: $88,005Expenses 2019: $103,960Net Income 2019: -$15,9552019Revenue 2020: $98,739Expenses 2020: $81,942Net Income 2020: $16,7972020Revenue 2021: $159,714Expenses 2021: $107,213Net Income 2021: $52,5012021Revenue 2022: $137,421Expenses 2022: $107,936Net Income 2022: $29,4852022Revenue 2023: $125,307Expenses 2023: $93,252Net Income 2023: $32,0552023Revenue 2024: $175,553Expenses 2024: $99,817Net Income 2024: $75,7362024

Highlighted filing

2021

Revenue$159,714
Expenses$107,213
Net Income$52,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 6, 2022
Return Version
2021v4.1
Gross Receipts
$159,714
Mission and Program Overview

Mission

To provide members with opportunities and resources for artistic growth. Seek to engage the greater foothills community in promoting visual arts.

To provide members with opportunities and resources for artstic growth. To engage the greater foothills community in promoting visual arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$206,340$200,646▼ $5,694
Investments in Publicly Traded Securities$31,783$128,929▲ $97,146
Cash and Non-Interest-Bearing Accounts$48,187$91,336▲ $43,149
Investments Other Securities$85,380--
Total Assets$371,690$420,911▲ $49,221
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,608$18,518▼ $4,090
Deferred Revenue-$4,990-
Accounts Payable and Accrued Expenses$4,180--
Total Liabilities$26,788$23,508▼ $3,280
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$336,123$389,630▲ $53,507
Net Assets With Donor Restrictions$8,779$7,773▼ $1,006
Total Net Assets Fund Balance$344,902$397,403▲ $52,501
Total Liabilities and Net Assets / Fund Balance$371,690$420,911▲ $49,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$134,287$30,235-
Land$50,000--
Equipment$4,919$6,246-
Leasehold Improvements$11,440$2,379-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$34,758
Program Service Revenue
$109,068
Investment Income
$15,888
Other Revenue
$0
Change in Net Assets
$52,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$83,703
Salaries, Compensation, and Employee Benefits$23,510
Total Fundraising Expense$3,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,840--$21,840
Fees for Services Accounting-$9,530-$9,530
Office Expenses$7,448$810$1,187$9,445
Advertising$7,906-$878$8,784
Occupancy$5,428-$1,000$6,428
Depreciation Depletion$5,694--$5,694
Other Expenses$5,670--$5,670
Insurance$2,513$517-$3,030
All Other Expenses$2,369$100-$2,469
Payroll Taxes$1,670--$1,670
Interest$897--$897
Fees for Service Investment Mgmnt Fees-$714-$714
Total Functional Expenses$92,477$11,671$3,065$107,213
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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

Members or stockholder classes and rights Part VI line 6

The organiztions members who pay an annual fee can exhibit in the All Members Gallery Shows and put products in the gallery gift shop for sale. There is an annual meeting for members to recive an annual report and vote on the nominated slate of offices and directors for the coming year.

Member election for additional members Part VI line 7A

The members approve the nominated slate of officers and directors each year at the manual meeing held the last quarer of the year for the coming year. Membership is open to anyone who expresses an interest in the activities of the organization and who submits a membership fee

Committee meeting documentation Part VI line 8B

Oral presentations are made by committee chair-persons to the Directors when they have something to report.

Form 990 governing body review Part VI line 11

The 990 is first examined in detail by the Treasurer who corresponds with the preparer to have any questions answered to the Treasurers satisfaction. Then a copy of 990 is submitted to entire Board for review and approval. When all questions are satisfactorily answered to board members satisfaction, the 900 is deemed approved for the e-filing of the form by the preparer.

Conflict of interest policy compliance Part VI line 12C

The conflict of interest policy is written and periodically reviewed. The policy is given to each new board member and all members are informed of the written policy when joining the organization. Should there a question arise about a members possible conflict of interest, that possibility will be informally discussed among interested board members and, if discussion suggests a reasonable possiblity of conflict of interest, the matter shall be pesented in writing to the entire board for adjudication followinig the guidelines in the written policy.

Governing documents etc available to public Part VI line 19

A copy of the boards governing documents is available upon request to any interested person, whether that person is a member or the organization or not. Information that a copy of the organizations tax return is available to any intersted person is indicated in all publications that indicate the organization is a Code 501(c)(3)organization which solicits public support.

Filing and Contact Details

Filer

Filer Name
Tryon Painters & Sculptors
EIN
23-7057270
Address
PO BOX 384 78 NORTH TRADE STREET, Tryon, NC 28782

Signing Officer

Name
Carol Browning
Title
Treasurer
Phone
8644575099
Signed
2022-03-06
Discuss with paid preparer
No

Organization Details

Formed
1942
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
13

Preparer

Firm
Lorin Browning Pa
Address
201 EAST MALLORY STREET, Landrum, SC 29356
Preparer
Lorin Browning
Phone
8644575099
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IRS990/PYInvestmentIncomeAmt02413
IRS990/PYOtherExpensesAmt060982
IRS990/PYOtherRevenueAmt039
IRS990/PYProgramServiceRevenueAmt040051
IRS990/PYRevenuesLessExpensesAmt016797
IRS990/PYSalariesCompEmpBnftPaidAmt020960
IRS990/PYTotalExpensesAmt081942
IRS990/PYTotalRevenueAmt098739
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt052501
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt022698
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt082548
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055949
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049564
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt037705
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035692
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0261458
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015888
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02143
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0767
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0696
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt020949
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt061238
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt040051
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt040549
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt038046
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt031282
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0211166
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015888
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02143
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt020949
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.95760
IRS990ScheduleA/PublicSupportPY509Pct00.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0143786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt096000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt090113
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt075751
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt066974
IRS990ScheduleA/Total509Grp/TotalAmt0472624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0159674
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt098143
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt091568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt076518
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt067670
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0493573
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0134287
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030235
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0164522
IRS990ScheduleD/EquipmentGrp/BookValueAmt04919
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06246
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011165
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt050000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011440
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02379
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt013819
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0200646
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organiztions members who pay an annual fee can exhibit in the All Members Gallery Shows and put products in the gallery gift shop for sale. There is an annual meeting for members to recive an annual report and vote on the nominated slate of offices and directors for the coming year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members approve the nominated slate of officers and directors each year at the manual meeing held the last quarer of the year for the coming year. Membership is open to anyone who expresses an interest in the activities of the organization and who submits a membership fee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Oral presentations are made by committee chair-persons to the Directors when they have something to report.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is first examined in detail by the Treasurer who corresponds with the preparer to have any questions answered to the Treasurers satisfaction. Then a copy of 990 is submitted to entire Board for review and approval. When all questions are satisfactorily answered to board members satisfaction, the 900 is deemed approved for the e-filing of the form by the preparer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The conflict of interest policy is written and periodically reviewed. The policy is given to each new board member and all members are informed of the written policy when joining the organization. Should there a question arise about a members possible conflict of interest, that possibility will be informally discussed among interested board members and, if discussion suggests a reasonable possiblity of conflict of interest, the matter shall be pesented in writing to the entire board for adjudication followinig the guidelines in the written policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A copy of the boards governing documents is available upon request to any interested person, whether that person is a member or the organization or not. Information that a copy of the organizations tax return is available to any intersted person is indicated in all publications that indicate the organization is a Code 501(c)(3)organization which solicits public support.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0371690
IRS990/TotalAssetsEOYAmt0420911
IRS990/TotalAssetsGrp/BOYAmt0371690
IRS990/TotalAssetsGrp/EOYAmt0420911
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt034758
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03065
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011671
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092477
IRS990/TotalFunctionalExpensesGrp/TotalAmt0107213
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026788
IRS990/TotalLiabilitiesEOYAmt023508
IRS990/TotalLiabilitiesGrp/BOYAmt026788
IRS990/TotalLiabilitiesGrp/EOYAmt023508
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0344902
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0397403
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt049999
IRS990/TotalOtherProgSrvcRevenueAmt047860
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt047830
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt047830
IRS990/TotalProgramServiceExpensesAmt092477
IRS990/TotalProgramServiceRevenueAmt0109068
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00

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