Civic Intelligence

Patchogue Arts Council Inc.

990EZ • Fiscal year 2020 • EIN 26-2942036

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 28, 2021

20 Terry St 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

82nd percentile

0.38x

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

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.10x

Higher debt load relative to revenue than 70% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

62nd percentile

15%

Higher net margin than 62% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$54,335

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 34.0% of source-year revenue.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

1580%

Faster asset growth than 98% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

44%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$41,847

Up $39,356 (+1580%) from 2019

Net Assets

Up

$25,847

Up $23,356 (+938%) from 2019

Liabilities

Up

$16,000

Up $16,000 from 2019

Revenue

Up

$159,621

Up $48,624 (+44%) from 2019

Expenses

Up

$136,265

Up $13,053 (+11%) from 2019

Net Income

Up

$23,356

Up $35,571 (+291%) from 2019

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

2020

Assets$41,847
Liabilities$16,000
Net Assets$25,847

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

2020

Revenue$159,621
Expenses$136,265
Net Income$23,356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 28, 2021
Return Version
2020v4.0
Gross Receipts
$161,253
Mission and Program Overview

Mission

Support, promote, and encourage the arts

To support, promote and encourage the arts through exhibits, public art, education and lectures with a focus on community engagement.

Program Services

DescriptionGrantsExpenses
The organization holds art exhibits in its gallery and other locations in Patchogue Village including a sculpture garden and an annual artists' fair. Number of persons benefitted 50,000.$28,000$131,159
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth GiacummoExecutive DirectorFT$51,074$3,261$54,335
John CinoDirector Of ProgrammingPT$13,000-$13,000
Lori DevlinPresidentPT$0--
Jessica ValentinTrustee-$0--
Loretta CorbisieroTrustee-$0--
Tom FerbTrustee-$0--
Jennifer BerotiTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Patchogue Arts Council Inc
EIN
26-2942036
Phone
6316278686
Address
20 Terry St Suite 116, Patchogue, NY 11772

Signing Officer

Name
Lori Devlin
Title
President
Phone
5163189283
Signed
2021-08-28
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Advertising & Marketing- $2184, Charitable Contribution $38, Gallery Prizes-$275, Insurance $2549, Loan repayment $1500 -( within same year of loan), Meals-$120, Office Supplies & Software -$2820, Bank fees-$693.08, Meals & Entertainment-$340.39, Programming supplies & materials -$16311, Reconciliaton discrepancies -$25.84

Form 990-EZ, Part II, Line 26

Description;EOY Amount^SBA PPP Loan;16000^Total;16000^

Raw XML Appendix188 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/USAddress/AddressLine2Txt0Suite 116
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Patchogue
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lori Devlin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jessica Valentin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Loretta Corbisiero
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tom Ferb
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jennifer Beroti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Beth Giacummo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6John Cino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director of Programming
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0To support, promote and encourage the arts through exhibits, public art, education and lectures with a focus on community engagement.
IRS990EZ/PrintingPublicationsPostageAmt0924
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0528786
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising & Marketing- $2184, Charitable Contribution $38, Gallery Prizes-$275, Insurance $2549, Loan repayment $1500 -( within same year of loan), Meals-$120, Office Supplies & Software -$2820, Bank fees-$693.08, Meals & Entertainment-$340.39, Programming supplies & materials -$16311, Reconciliaton discrepancies -$25.84
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^SBA PPP Loan;16000^Total;16000^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Due to COVID challenges our manpower was limited and many tasks were delayed.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05163189283
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-28
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ReturnHeader/Filer/BusinessNameControlTxt0PATC
ReturnHeader/Filer/EIN0262942036
ReturnHeader/Filer/PhoneNum06316278686
ReturnHeader/Filer/USAddress/AddressLine1Txt020 Terry St Suite 116
ReturnHeader/Filer/USAddress/CityNm0Patchogue
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011772
ReturnHeader/ReturnTs02021-09-14T16:51:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings