Civic Intelligence

Friends of Madame White Snake Inc

990EZ • Fiscal year 2018 • EIN 26-2176762

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

280 Lee StreetBrookline, MA 02445

(617) 277-7219

Siviq Scores

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

Liabilities / Assets

98th percentile

3.97x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

25th percentile

-8.7%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

4th percentile

-83%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

57%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,156

Down $10,758 (-83%) from 2017

Net Assets

Down

-$6,403

Down $12,042 (-214%) from 2017

Liabilities

Up

$8,559

Up $1,284 (+18%) from 2017

Revenue

Up

$138,700

Up $50,303 (+57%) from 2017

Expenses

Down

$150,742

Down $31,798 (-17%) from 2017

Net Income

Up

-$12,042

Up $82,101 (+87%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $72,455Liabilities 2010: $0Net Assets 2010: $72,4552010Assets 2011: $33,172Liabilities 2011: $0Net Assets 2011: $33,1722011Assets 2012: $21,644Liabilities 2012: $0Net Assets 2012: $21,6442012Assets 2013: $93,137Liabilities 2013: $0Net Assets 2013: $93,1372013Assets 2014: $9,947Liabilities 2014: $0Net Assets 2014: $9,9472014Assets 2015: $35,361Liabilities 2015: $0Net Assets 2015: $35,3612015Assets 2017: $12,914Liabilities 2017: $7,275Net Assets 2017: $5,6392017Assets 2018: $2,156Liabilities 2018: $8,559Net Assets 2018: -$6,4032018Assets 2019: $9,980Liabilities 2019: $7,275Net Assets 2019: $2,7052019Assets 2020: $13,005Liabilities 2020: $67,465Net Assets 2020: -$54,4602020Assets 2021: $51,448Liabilities 2021: $1,217Net Assets 2021: $50,2312021Assets 2022: $179,412Liabilities 2022: $64,845Net Assets 2022: $114,5672022Assets 2023: $157,792Liabilities 2023: $12,297Net Assets 2023: $145,4952023Assets 2024: $219,104Liabilities 2024: $18,844Net Assets 2024: $200,2602024

Highlighted filing

2018

Assets$2,156
Liabilities$8,559
Net Assets-$6,403

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $334,0982010Revenue 2011: $8,746Expenses 2011: $48,029Net Income 2011: -$39,2832011Revenue 2012: $4,157Expenses 2012: $15,685Net Income 2012: -$11,5282012Revenue 2013: $172,018Expenses 2013: $100,525Net Income 2013: $71,4932013Revenue 2014: $117,776Expenses 2014: $200,966Net Income 2014: -$83,1902014Revenue 2015: $26,183Expenses 2015: $769Net Income 2015: $25,4142015Revenue 2017: $88,397Expenses 2017: $182,540Net Income 2017: -$94,1432017Revenue 2018: $138,700Expenses 2018: $150,742Net Income 2018: -$12,0422018Revenue 2019: $128,134Expenses 2019: $119,026Net Income 2019: $9,1082019Revenue 2020: $110,055Expenses 2020: $167,220Net Income 2020: -$57,1652020Revenue 2021: $311,754Expenses 2021: $298,191Net Income 2021: $13,5632021Revenue 2022: $928,324Expenses 2022: $857,807Net Income 2022: $70,5172022Revenue 2023: $935,015Expenses 2023: $904,087Net Income 2023: $30,9282023Revenue 2024: $331,783Expenses 2024: $277,018Net Income 2024: $54,7652024

Highlighted filing

2018

Revenue$138,700
Expenses$150,742
Net Income-$12,042
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$138,700
Mission and Program Overview

Mission

The friends of madame white snake (fmws) is a grassroots organization of individuals who are inspired by the story of an individuals yearning for that one bright life-defining moment that illuminates who we are and gives meaning to our existence. Symbolized by the ancient greek icon of a serpent eating its own tail, our work is a cyclical meditation on what it means to be human. The organization aims to build bridges between the asian and mainstream american communities through immersion in cultural expressions of music, drama, and dance. Fmws has also formed alliances with boston-area arts organizations and community groups to establish arts-inspired outreach and education programs.

White snake projects is a grassroots organization of individuals who are inspired by the story of one individuals yearning for that one bright life defining moment that illuminates who we are and gives meaning to our existence. The friends forges alliances with local community groups for outreach and education programs to realize their vision that through the multicultural project that is white snake projects, community members can build bridges between the asian and mainstream american communities. There is no more effective a tool for cross-cultural understanding than cultural immersion through music, drama and dance.

Program Services

DescriptionGrantsExpenses
AS A SOCIALLY ACTIVE ORGANIZATION, WHITE SNAKE PROJECTS BELIEVES IN MAKING ART ACCESSIBLE TO ALL, AND COMMITS ONE-THIRD OF ALL SEATS TO UNDERSERVED COMMUNITIES OF ALL KINDS. WHITE SNAKE PROJECTS PREMIERED PERMADEATH, ONE OF THE WORLD'S FIRST VIDEO GAME OPERAS IN 2018. IT COLLABORATED ON THE VIDEO GAME ASPECTS OF THE PRODUCTION WITH LESLEY ART + DESIGN AND BECKER COLLEGE. IT ALSO MOUNTED COMMUNITY ACTIVITIES IN PARTNERSHIP WITH COMPASSIONATE CARE, ALS AND LESLEY UNIVERSITY FOCUSING ON ALS, ONE OF THE THEMES OF PERMADEATH. THESE ACTIVITIES INCLUDED AN ART EXHIBITION BY A PROMINENT NEW ENGLAND ARTIST WHO RECENTLY DIED FROM ALS, AS WELL AS CONCERTS AND INSTALLATIONS AROUND THIS DISEASE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CERISE LIM JACOBSTreasurer & President-$0--
HSIU-LAN CHANGChairperson & Director-$0--
ELLIOT P EPSTEINDirector-$0--
Filing and Contact Details

Filer

Filer Name
White Snake Projects Inc
EIN
26-2176762
Phone
6172777219
Address
280 LEE STREET, BROOKLINE, MA 02445

Signing Officer

Name
Cerise Lim Jacobs
Title
President/treasurer
Phone
6172777219
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Joel Aronson CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: filing fees. Amount: 42. Description: loss on investment in opera incubator. Amount: 144,707. Total to form 990-ez, line 16: 144,749.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 7,275. End of year amount: 8,559.

Raw XML Appendix158 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum05083669100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt050 WASHINGTON ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WESTBOROUGH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ELLIOT P EPSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER & PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRPERSON & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0WHITE SNAKE PROJECTS IS A GRASSROOTS ORGANIZATION OF INDIVIDUALS WHO ARE INSPIRED BY THE STORY OF ONE INDIVIDUALS YEARNING FOR THAT ONE BRIGHT LIFE DEFINING MOMENT THAT ILLUMINATES WHO WE ARE AND GIVES MEANING TO OUR EXISTENCE. THE FRIENDS FORGES ALLIANCES WITH LOCAL COMMUNITY GROUPS FOR OUTREACH AND EDUCATION PROGRAMS TO REALIZE THEIR VISION THAT THROUGH THE MULTICULTURAL PROJECT THAT IS WHITE SNAKE PROJECTS, COMMUNITY MEMBERS CAN BUILD BRIDGES BETWEEN THE ASIAN AND MAINSTREAM AMERICAN COMMUNITIES. THERE IS NO MORE EFFECTIVE A TOOL FOR CROSS-CULTURAL UNDERSTANDING THAN CULTURAL IMMERSION THROUGH MUSIC, DRAMA AND DANCE.
IRS990EZ/ProgramServiceRevenueAmt020000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AS A SOCIALLY ACTIVE ORGANIZATION, WHITE SNAKE PROJECTS BELIEVES IN MAKING ART ACCESSIBLE TO ALL, AND COMMITS ONE-THIRD OF ALL SEATS TO UNDERSERVED COMMUNITIES OF ALL KINDS. WHITE SNAKE PROJECTS PREMIERED PERMADEATH, ONE OF THE WORLD'S FIRST VIDEO GAME OPERAS IN 2018. IT COLLABORATED ON THE VIDEO GAME ASPECTS OF THE PRODUCTION WITH LESLEY ART + DESIGN AND BECKER COLLEGE. IT ALSO MOUNTED COMMUNITY ACTIVITIES IN PARTNERSHIP WITH COMPASSIONATE CARE, ALS AND LESLEY UNIVERSITY FOCUSING ON ALS, ONE OF THE THEMES OF PERMADEATH. THESE ACTIVITIES INCLUDED AN ART EXHIBITION BY A PROMINENT NEW ENGLAND ARTIST WHO RECENTLY DIED FROM ALS, AS WELL AS CONCERTS AND INSTALLATIONS AROUND THIS DISEASE.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES AS IT CONTINUES TO MAINTAIN A PROGRAM TO SOLICIT FUNDS FROM THE GENERAL PUBLIC AND HAS WORKED TO INCREASE THEIR EFFORTS OVER THE PAST YEAR SUBSTANTIALLY. THIS CAN BE SEEN AS THE PUBLIC SUPPORT PERCENTAGE MORE THEN DOUBLED SINCE 2015. THE ORGANIZATION'S FUNDRAISINGS EFFORTS CONTINUE TO GROW IN 2018 AS WELL. IN ADDITION WHITE SNAKE PROJECTS CONTINUES TO FURTHER THEIR MISSION OF MAKING OPERA AND THE ARTS AVAILABLE TO THE GENERAL PUBLIC REGARDLESS OF AGE AND FINANCIAL STATUS.
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FILING FEES. AMOUNT: 42. DESCRIPTION: LOSS ON INVESTMENT IN OPERA INCUBATOR. AMOUNT: 144,707. TOTAL TO FORM 990-EZ, LINE 16: 144,749.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 7,275. END OF YEAR AMOUNT: 8,559.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-04-17 16:48:07Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06172777219
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WHITE SNAKE PROJECTS INC
ReturnHeader/Filer/BusinessNameControlTxt0WHIT
ReturnHeader/Filer/EIN0262176762
ReturnHeader/Filer/PhoneNum06172777219
ReturnHeader/Filer/USAddress/AddressLine1Txt0280 LEE STREET
ReturnHeader/Filer/USAddress/CityNm0BROOKLINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt040.70.31.102
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:41:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER ARONSON FINNING & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 WASHINGTON STREET
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL ARONSON CPA
ReturnHeader/ReturnTs02019-11-15T11:56:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.19$0.19$2.00$3.32$2.77$0.55
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.12$1.45$9.35$9.04$0.31
2022Detailed filing. Detailed filing data is available for this year.$1.79$0.65$1.15$9.28$8.58$0.71
2021Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$3.12$2.98$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.67$0.54$1.10$1.67$0.57
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.07$0.03$1.28$1.19$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.09$0.06$1.39$1.51$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.07$0.06$0.88$1.83$0.94
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.26$0.01$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.18$2.01$0.83
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.72$1.01$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.04$0.16$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.09$0.48$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$3.34