Civic Intelligence

Hamiltonian Artists Inc.

990EZ • Fiscal year 2020 • EIN 26-0564587

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 17, 2021

1353 U Street NWWashington, DC 20009-5087

(202) 332-1116

Siviq Scores

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

Liabilities / Assets

99th percentile

9.19x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

11.13x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

5th percentile

-181%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$77,880

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 75.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

80th percentile

51%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

82%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$125,467

Up $42,356 (+51%) from 2019

Net Assets

Down

-$1,027,601

Down $187,721 (-22%) from 2019

Liabilities

Up

$1,153,068

Up $230,077 (+25%) from 2019

Revenue

Up

$103,610

Up $46,534 (+82%) from 2019

Expenses

Up

$291,331

Up $58,502 (+25%) from 2019

Net Income

Down

-$187,721

Down $11,968 (-6.8%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2016: $91,744Liabilities 2016: $559,868Net Assets 2016: -$468,1242016Assets 2017: $85,291Liabilities 2017: $617,049Net Assets 2017: -$531,7582017Assets 2018: $89,100Liabilities 2018: $755,331Net Assets 2018: -$666,2312018Assets 2019: $83,111Liabilities 2019: $922,991Net Assets 2019: -$839,8802019Assets 2020: $125,467Liabilities 2020: $1,153,068Net Assets 2020: -$1,027,6012020Assets 2021: $57,278Liabilities 2021: $1,126,722Net Assets 2021: -$1,069,4442021Assets 2022: $311,100Liabilities 2022: $1,297,472Net Assets 2022: -$986,3722022Assets 2023: $811,953Liabilities 2023: $1,461,904Net Assets 2023: -$649,9512023Assets 2024: $599,203Liabilities 2024: $1,273,910Net Assets 2024: -$674,7072024

Highlighted filing

2020

Assets$125,467
Liabilities$1,153,068
Net Assets-$1,027,601

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $89,546Expenses 2016: $134,913Net Income 2016: -$45,3672016Revenue 2017: $57,940Expenses 2017: $121,574Net Income 2017: -$63,6342017Revenue 2018: $66,900Expenses 2018: $208,783Net Income 2018: -$141,8832018Revenue 2019: $57,076Expenses 2019: $232,829Net Income 2019: -$175,7532019Revenue 2020: $103,610Expenses 2020: $291,331Net Income 2020: -$187,7212020Revenue 2021: $288,999Expenses 2021: $329,645Net Income 2021: -$40,6462021Revenue 2022: $475,197Expenses 2022: $392,125Net Income 2022: $83,0722022Revenue 2023: $736,797Expenses 2023: $400,376Net Income 2023: $336,4212023Revenue 2024: $424,506Expenses 2024: $449,262Net Income 2024: -$24,7562024

Highlighted filing

2020

Revenue$103,610
Expenses$291,331
Net Income-$187,721
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 17, 2021
Return Version
2020v4.0
Gross Receipts
$103,610
Mission and Program Overview

Mission

Provides programming that develops and advances the careers of emerging artists, and is anchored by a prominent exhibition space in washington dc.

Hamiltonian artists' mission is to build a dynamic community of innovative artists and effective visual art leaders by providing professional development opportunities and advancing their entrepreneurial success.

Program Services

DescriptionGrantsExpenses
FELLOWSHIP PROGRAM - A TWO-YEAR COMPREHENSIVE PROGRAM FOR EMERGING ARTISTS WITH MENTORSHIP AND CAREER-DEVELOPMENT OPPORTUNITIES. FIVE NEW FELLOWS WERE ACCEPTED.$10,000$17,060
EXHIBITIONS SUPPORT AND PROMOTE THE WORK OF THE FELLOWS AND OTHER ARTISTS WORKING IN THE AREA. WE PRESENTED SIX SOLO EXHIBITIONS OF LOCAL ARTISTS, AN ONLINE EXHIBITION, ARTIST TALKS FOR EACH EXHIBITION, AND A TICKETED PERFORMATIVE DINNER. BECAUSE OF THE COVID-19 PANDEMIC, PROGRAMS WERE PRESENTED VIRTUALLY AND IN-PERSON, WHEN APPROPRIATE. ACTIVITY WAS LIMITED DUE TO THE PANDEMIC.-$14,134
THE PROFESSIONAL DEVELOPMENT SPEAKER SERIES IS A FREE SET OF TALKS, RELEVANT TO EMERGING AND MID-CAREER ARTISTS, LED BY PROFESSIONALS AND THOUGHT LEADERS IN THEIR FIELD.-$1,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LILY SIEGELExecutive DiFT$71,518$6,362$77,880
ALEXANDRA DELFKARANExhibition DFT$58,846-$58,846
NANCY DALYFellowship DFT$54,615-$54,615
HARRY MAYERGallery AssiFT$6,090-$6,090
FRANCES GRANTGallery AssiPT$510-$510
K DAVID MEITTreasurer-$0--
MARY EARLYSecretary-$0--
KATHERINE TZU-LAN MANNDirector-$0--
GREGORY KEARLEYPresidentPT$0--
JOETTE JAMESDirector-$0--
STEFANIE REISERDirector-$0--
PAUL SODirector-$0--
KISHA KANTASINGH RUSEKDirector-$0--
LIONEL FRAZIER WHITE IIIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hamiltonian Artists Inc
EIN
26-0564587
Phone
2023321116
Address
1353 U STREET NW, WASHINGTON, DC 20009-5087

Signing Officer

Name
Lily Siegel
Title
Executive Director
Phone
2023321116
Signed
2021-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Saggar & Rosenberg Pc
Address
1 CHURCH ST STE 700, ROCKVILLE, MD 20850-4163
Preparer
Susan J Rosenberg
Phone
3017389040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 10,000

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,534 office expense 9,201 information technology 1,288 travel 349 conferences/meetings 100 insurance 5,613 licenses & permits 120 dues & subscriptions 271 bank charges 562 artist commissions 10,484 materials & equipment 2,892 show documentation 1,100 fellow meals 68 honoraria 3,581 event fees 415 speaking fees 1,250 total 38,828

Form 990-ez, Part II, Line 24

Accounts receivable 0 12,043 timeshare 77,072 77,072 total 77,072 89,115

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,441 14,806 unsecured notes and loans payable 0 26,284 loans from officers 917,550 1,111,978

Form 990-ez, Part III

Hamiltonian artists' mission is to build a dynamic community of innovative artists and effective visual art leaders by providing professional development opportunities and advancing their entrepreneurial success.

Form 990-ez, Part III, Line 30

Exhibitions support and promote the work of the fellows and other artists working in the area. We presented six solo exhibitions of local artists, an online exhibition, artist talks for each exhibition, and a ticketed performative dinner. Because of the covid-19 pandemic, programs were presented virtually and in-person, when appropriate. Activity was limited due to the pandemic.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2EXHIBITIONS SUPPORT AND PROMOTE THE WORK OF THE FELLOWS AND OTHER ARTISTS WORKING IN THE AREA. WE PRESENTED SIX SOLO EXHIBITIONS OF LOCAL ARTISTS, AN ONLINE EXHIBITION, ARTIST TALKS FOR EACH EXHIBITION, AND A TICKETED PERFORMATIVE DINNER. BECAUSE OF THE COVID-19 PANDEMIC, PROGRAMS WERE PRESENTED VIRTUALLY AND IN-PERSON, WHEN APPROPRIATE. ACTIVITY WAS LIMITED DUE TO THE PANDEMIC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 1,534 OFFICE EXPENSE 9,201 INFORMATION TECHNOLOGY 1,288 TRAVEL 349 CONFERENCES/MEETINGS 100 INSURANCE 5,613 LICENSES & PERMITS 120 DUES & SUBSCRIPTIONS 271 BANK CHARGES 562 ARTIST COMMISSIONS 10,484 MATERIALS & EQUIPMENT 2,892 SHOW DOCUMENTATION 1,100 FELLOW MEALS 68 HONORARIA 3,581 EVENT FEES 415 SPEAKING FEES 1,250 TOTAL 38,828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 12,043 TIMESHARE 77,072 77,072 TOTAL 77,072 89,115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,441 14,806 UNSECURED NOTES AND LOANS PAYABLE 0 26,284 LOANS FROM OFFICERS 917,550 1,111,978
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HAMILTONIAN ARTISTS' MISSION IS TO BUILD A DYNAMIC COMMUNITY OF INNOVATIVE ARTISTS AND EFFECTIVE VISUAL ART LEADERS BY PROVIDING PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND ADVANCING THEIR ENTREPRENEURIAL SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXHIBITIONS SUPPORT AND PROMOTE THE WORK OF THE FELLOWS AND OTHER ARTISTS WORKING IN THE AREA. WE PRESENTED SIX SOLO EXHIBITIONS OF LOCAL ARTISTS, AN ONLINE EXHIBITION, ARTIST TALKS FOR EACH EXHIBITION, AND A TICKETED PERFORMATIVE DINNER. BECAUSE OF THE COVID-19 PANDEMIC, PROGRAMS WERE PRESENTED VIRTUALLY AND IN-PERSON, WHEN APPROPRIATE. ACTIVITY WAS LIMITED DUE TO THE PANDEMIC.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
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