Civic Intelligence

Patchogue Arts Council Inc.

990EZ • Fiscal year 2018 • EIN 26-2942036

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

20 Terry Street Suite 116Patchogue, NY 11772

(631) 627-8686

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

58th percentile

6.1%

Higher net margin than 58% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$54,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 38.5% of source-year revenue.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Asset Growth

91st percentile

139%

Faster asset growth than 91% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

64th percentile

14%

Faster revenue growth than 64% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$14,706

Up $8,565 (+139%) from 2017

Net Assets

Up

$14,706

Up $8,565 (+139%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$140,204

Up $16,749 (+14%) from 2017

Expenses

Down

$131,639

Down $17,597 (-12%) from 2017

Net Income

Up

$8,565

Up $34,346 (+133%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $7,804Liabilities 2010: $5,000Net Assets 2010: $2,8042010Assets 2011: $9,962Liabilities 2011: $0Net Assets 2011: $9,9622011Assets 2014: $40,090Liabilities 2014: $0Net Assets 2014: $40,0902014Assets 2015: $48,522Liabilities 2015: $0Net Assets 2015: $48,5222015Assets 2016: $31,922Liabilities 2016: $0Net Assets 2016: $31,9222016Assets 2017: $6,141Net Assets 2017: $6,1412017Assets 2018: $14,706Net Assets 2018: $14,7062018Assets 2019: $2,491Liabilities 2019: $0Net Assets 2019: $2,4912019Assets 2020: $41,847Liabilities 2020: $16,000Net Assets 2020: $25,8472020Assets 2021: $41,548Liabilities 2021: $3,207Net Assets 2021: $38,3412021Assets 2022: $157,207Liabilities 2022: $86,817Net Assets 2022: $70,3902022Assets 2023: $189,549Liabilities 2023: $97,906Net Assets 2023: $91,6432023Assets 2024: $244,691Liabilities 2024: $218,009Net Assets 2024: $26,6822024

Highlighted filing

2018

Assets$14,706
Liabilities-
Net Assets$14,706

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $23,6272010Expenses 2011: $38,7332011Revenue 2014: $96,922Expenses 2014: $64,799Net Income 2014: $32,1232014Revenue 2015: $88,090Expenses 2015: $70,691Net Income 2015: $17,3992015Revenue 2016: $110,557Expenses 2016: $127,157Net Income 2016: -$16,6002016Revenue 2017: $123,455Expenses 2017: $149,236Net Income 2017: -$25,7812017Revenue 2018: $140,204Expenses 2018: $131,639Net Income 2018: $8,5652018Revenue 2019: $110,997Expenses 2019: $123,212Net Income 2019: -$12,2152019Revenue 2020: $159,621Expenses 2020: $136,265Net Income 2020: $23,3562020Revenue 2021: $188,997Expenses 2021: $176,299Net Income 2021: $12,6982021Revenue 2022: $499,918Expenses 2022: $467,869Net Income 2022: $32,0492022Revenue 2023: $577,226Expenses 2023: $555,973Net Income 2023: $21,2532023Revenue 2024: $605,086Expenses 2024: $670,047Net Income 2024: -$64,9612024

Highlighted filing

2018

Revenue$140,204
Expenses$131,639
Net Income$8,565
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$163,071
Mission and Program Overview

Mission

Support, promote, and encourage the arts

Primary purpose is to support, promote and encourage the arts.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HOLDS MUTLIPLE EXHIBITS PER YEAR IN THEIR MAIN GALLERY & TWO SATELLITE GALLARIES.THEY ALSO HOST A MAJOR "DESTINATION DOWNTOWN" ART FESTIVAL EACH YEAR THAT DRAWS THOUSANDS TO THE VILLAGE OF PATCHOGUE.$4,125$55,744
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETH GIACUMMOExecutive DiFT$54,000-$54,000
JOHN CINODirector OfPT$12,000-$12,000
LORI DEVLINPresidentPT$0--
WILLIAM CLOSSONTrustee-$0--
JENNIFER BEROTTITrusteePT$0--
JESSICA VALENTINTrusteePT$0--
JACQUELINE ROUTHTrustee-$0--
LORETTA CORBISIEROTrusteePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Arts on Terry$27,870$27,870$17,918$9,952
Breakfast Crawl$5,738$5,738$780$4,958
Total Events$39,215$39,215$18,873$20,342
Filing and Contact Details

Filer

Filer Name
Patchogue Arts Council Inc
EIN
26-2942036
Phone
6316278686
Address
20 TERRY STREET SUITE 116, PATCHOGUE, NY 11772

Signing Officer

Name
Lori Devlin
Title
President
Phone
6316278686
Signed
2019-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Rizzi Schwarz & Taraskas Llp
Address
65 N OCEAN AVE, PATCHOGUE, NY 11772-2003
Preparer
Janice M Taraskas CPA
Phone
6314755445
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,388 insurance 2,099 commissions 855 bank charges 151 dues & subscriptions 244 equipment rental 500 outside services 9,829 licenses & permits 108 receptions 3,258 supplies 3,599 filing fee 50 awards 275 labor & moving 465 total 22,821

Raw XML Appendix176 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/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt022821
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,388 INSURANCE 2,099 COMMISSIONS 855 BANK CHARGES 151 DUES & SUBSCRIPTIONS 244 EQUIPMENT RENTAL 500 OUTSIDE SERVICES 9,829 LICENSES & PERMITS 108 RECEPTIONS 3,258 SUPPLIES 3,599 FILING FEE 50 AWARDS 275 LABOR & MOVING 465 TOTAL 22,821
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ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings