Civic Intelligence

Arts League of Lowell

EIN 26-0083405 • 501(c)3 • Lowell, MA

Profile

Schedule O

307 Market StLowell, MA 01852-1913

www.artsleagueolowell.org

Siviq Scores

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

Liabilities / Assets

87th percentile

0.38x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

53rd percentile

3.0%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

83rd percentile

37%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

83rd percentile

46%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$22,243

Up $2,829 (+15%) from 2023

Liabilities

Up

$4,929

Up $268 (+5.7%) from 2023

Net Assets

Up

$17,314

Up $2,561 (+17%) from 2023

Revenue

Down

$34,270

Down $1,171 (-3.3%) from 2023

Expenses

Down

$31,709

Down $548 (-1.7%) from 2023

Net Income

Down

$2,561

Down $623 (-20%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2020: $12,672Liabilities 2020: $5,753Net Assets 2020: $6,9192020Assets 2021: $15,802Liabilities 2021: $4,191Net Assets 2021: $11,6112021Assets 2022: $16,229Liabilities 2022: $4,660Net Assets 2022: $11,5692022Assets 2023: $19,414Liabilities 2023: $4,661Net Assets 2023: $14,7532023Assets 2024: $22,243Liabilities 2024: $4,929Net Assets 2024: $17,3142024

Highlighted filing

2024

Assets$22,243
Liabilities$4,929
Net Assets$17,314

Operations Trend

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

$40K$20K$0-$20KRevenue 2020: $20,195Expenses 2020: $33,155Net Income 2020: -$12,9602020Revenue 2021: $33,932Expenses 2021: $29,240Net Income 2021: $4,6922021Revenue 2022: $27,560Expenses 2022: $27,602Net Income 2022: -$422022Revenue 2023: $35,441Expenses 2023: $32,257Net Income 2023: $3,1842023Revenue 2024: $34,270Expenses 2024: $31,709Net Income 2024: $2,5612024

Highlighted filing

2024

Revenue$34,270
Expenses$31,709
Net Income$2,561

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 13, 2025
Return Version
2024v5.0
Gross Receipts
$34,288
Mission and Program Overview

Mission

Schedule O

Program Services

DescriptionGrantsExpenses
Schedule O$0$26,688
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve SyversonPresidentPT$0--
vacantVice President-$0--
Ed WojtaszekTreasurerPT$0--
Geoffrey KoetschSecretary-$0--
Mary HartDirector-$0--
Martha MayoDirector-$0--
Margaret FemiaDirector-$0--
Roberta BloomDirectorPT$0--
James RobertsDirector-$0--
Filing and Contact Details

Filer

Filer Name
Arts League of Lowell
EIN
26-0083405
In Care Of
% Steven Syverson
Address
307 MARKET ST, LOWELL, MA 01852-1913

Signing Officer

Name
Edward Wojtaszek
Title
Treasurer
Signed
2025-02-13
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Information technology $1,355; Insurance $2,441; Program expenses $5,690, $9486|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| Reduction in tote bag inventory by Cost of Goods Sold, $612, $594|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Gift Certificates $324; Massachusetts Sales Tax Payable $157; Unpaid Artist Proceeds $1988; Artist Cooperative Space Rent Deposits $2460, $4661, $4929|

Part III, General

| Explanation:| 1. To be a community of artists of all expressions that encourages learning creativity and mutual support through critiques workshops and discussion meetings; that speaks with a unified voice for the artists of Lowell and the region. To benefit both artists and the entire community in activities regarding housing work education and the environment as they relate to the arts. 2. To actively support relationships among artists patrons audiences institutions and the City of Lowell. 3. To contribute to and help sustain a diverse vibrant arts-related economy in the region. 4. To stimulate public awareness of and support for the arts by encouraging both public and private sectors to display art in public places and to develop opportunities to enhance the overall aesthetic experience of the arts for residents and visitors to the area. 5. To celebrate our communitys diverse and vibrant cultural heritage through the promotion and support of creative activities in the arts. 6. To welcome and encourage emerging and established artists in the region.

Part III, Line 28

| Explanation:| Our primary accomplishment each year is continuing art exhibits using our venue to show art in many media and providing public access during those shows. The shows allow artists to offer their work for sale giving the public opportunities to own art as well as view it. The venue is also used for workshops demonstrations and discussions throughout the year. The Arts League of Lowell is open to the public five days per week. Artists are available during those hours to provide information concerning the art and the Arts League of Lowell. In 2024 the Arts League of Lowell galleries had over 2,900 visitors including artists patrons and other interested people. Occupancy cost of the venue $21,091 Public receptions are used to open new shows. Refreshments are provided and many show artists are available to discuss their work. $1,150. cost for hospitality and receptions. We use advertising and Internet presence to promote awareness of our gallery and gallery programs. Our web page Facebook page and Instagram feed are public-facing and searchable showing our presence as well as promoting our programs for both the public and artists. $4,447. computer Internet marketing and advertising cost.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:| 1. To be a community of artists of all expressions that encourages learning creativity and mutual support through critiques workshops and discussion meetings; that speaks with a unified voice for the artists of Lowell and the region. To benefit both artists and the entire community in activities regarding housing work education and the environment as they relate to the arts. 2. To actively support relationships among artists patrons audiences institutions and the City of Lowell. 3. To contribute to and help sustain a diverse vibrant arts-related economy in the region. 4. To stimulate public awareness of and support for the arts by encouraging both public and private sectors to display art in public places and to develop opportunities to enhance the overall aesthetic experience of the arts for residents and visitors to the area. 5. To celebrate our communitys diverse and vibrant cultural heritage through the promotion and support of creative activities in the arts. 6. To welcome and encourage emerging and established artists in the region.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:| Our primary accomplishment each year is continuing art exhibits using our venue to show art in many media and providing public access during those shows. The shows allow artists to offer their work for sale giving the public opportunities to own art as well as view it. The venue is also used for workshops demonstrations and discussions throughout the year. The Arts League of Lowell is open to the public five days per week. Artists are available during those hours to provide information concerning the art and the Arts League of Lowell. In 2024 the Arts League of Lowell galleries had over 2,900 visitors including artists patrons and other interested people. Occupancy cost of the venue $21,091 Public receptions are used to open new shows. Refreshments are provided and many show artists are available to discuss their work. $1,150. cost for hospitality and receptions. We use advertising and Internet presence to promote awareness of our gallery and gallery programs. Our web page Facebook page and Instagram feed are public-facing and searchable showing our presence as well as promoting our programs for both the public and artists. $4,447. computer Internet marketing and advertising cost.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III, General
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
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ReturnHeader/Filer/USAddress/ZIPCd0018521913
ReturnHeader/ReturnTs02025-02-13T07:55:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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