Civic Intelligence

Princeton Art Guild Inc.

990EZ • Fiscal year 2016 • EIN 31-0958777

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

115 E Main StreetPrinceton, KY 42445

(270) 365-3959

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$20,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$124,760

No earlier filing loaded for comparison.

Net Assets

$122,519

No earlier filing loaded for comparison.

Liabilities

$2,241

No earlier filing loaded for comparison.

Revenue

$68,662

No earlier filing loaded for comparison.

Expenses

$55,867

No earlier filing loaded for comparison.

Net Income

$12,795

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $124,760Liabilities 2016: $2,241Net Assets 2016: $122,5192016Assets 2017: $118,491Liabilities 2017: $2,241Net Assets 2017: $116,2502017Assets 2023: $113,750Net Assets 2023: $113,7502023Assets 2024: $198,016Net Assets 2024: $198,0162024

Highlighted filing

2016

Assets$124,760
Liabilities$2,241
Net Assets$122,519

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $68,662Expenses 2016: $55,867Net Income 2016: $12,7952016Revenue 2017: $50,998Expenses 2017: $57,267Net Income 2017: -$6,2692017Revenue 2023: $132,334Expenses 2023: $35,802Net Income 2023: $96,5322023Revenue 2024: $39,686Expenses 2024: $41,226Net Income 2024: -$1,5402024

Highlighted filing

2016

Revenue$68,662
Expenses$55,867
Net Income$12,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$68,662
Mission and Program Overview

Mission

To provide arts education cultural programming and community-based creative opportunities that enhance quality of life and promote public engagement with the arts.

To work to encourage a thriving community of artists and appreciation of art with princeton, kentucky. We facilitate classes, lectures, performances and exhibits in an effort to enrich the lives of all citizens of princeton.

Program Services

DescriptionGrantsExpenses
PENNINGTON FESTIVAL$0$17,675
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELISSA PEEKSecretaryFT$20,000-$20,000
LUCY STEVENSVice President-$0--
ANNE FARLESSVice President-$0--
CHRISTOPHER ROGERSPresident-$0--
Filing and Contact Details

Filer

Filer Name
Princeton Art Guild
EIN
31-0958777
Phone
2703653959
Address
115 E MAIN STREET, PRINCETON, KY 42445

Signing Officer

Name
Melissa Peek
Title
Secretary
Phone
2703653959
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Williams Faughn & Associates Pllc
Address
205 WEST WASHINGTON STREET, PRINCETON, KY 42445
Preparer
Rickie W Williams
Phone
2703653543
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Rental Income

Kind and Location of Property: COMMERCIAL BUILDING. Amount: 770.

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: INTEREST INCOME. Amount: 202.

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

Description: INSURANCE. Amount: 3,792. Description: PAYROLL TAXES. Amount: 2,212. Description: MISCELLANEOUS. Amount: 1,904. Description: PENNINGTON FESTIVAL. Amount: 17,675. Description: MUSIC FOR ARTISAN FESTIVAL. Amount: 500. Description: ADVERTISING. Amount: 238. Total to Form 990-EZ, line 16: 26,321.

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

Description: ACCRUED EXPENSES. Beg. of Year Amount: 1,286. End of Year Amount: 2,241.

Raw XML Appendix159 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PRINCETON ART GUILD
IRS990EZ/BooksInCareOfDetail/PhoneNum02703653959
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0115 E MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PRINCETON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd042445
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0111010
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0122519
IRS990EZ/OccupancyRentUtltsAndMaintAmt06595
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt020000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0TO WORK TO ENCOURAGE A THRIVING COMMUNITY OF ARTISTS AND APPRECIATION OF ART WITH PRINCETON, KENTUCKY. WE FACILITATE CLASSES, LECTURES, PERFORMANCES AND EXHIBITS IN AN EFFORT TO ENRICH THE LIVES OF ALL CITIZENS OF PRINCETON.
IRS990EZ/PrintingPublicationsPostageAmt02951
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017675
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalRevenueAmt068662
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990EZ/WebsiteAddressTxt0www.princetonartguild.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt061687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt084737
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0972
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt061687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023050
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IRS990ScheduleA/TotalSupportAmt086747
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Kind and Location of Property: COMMERCIAL BUILDING. Amount: 770.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: INTEREST INCOME. Amount: 202.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: INSURANCE. Amount: 3,792. Description: PAYROLL TAXES. Amount: 2,212. Description: MISCELLANEOUS. Amount: 1,904. Description: PENNINGTON FESTIVAL. Amount: 17,675. Description: MUSIC FOR ARTISAN FESTIVAL. Amount: 500. Description: ADVERTISING. Amount: 238. Total to Form 990-EZ, line 16: 26,321.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: ACCRUED EXPENSES. Beg. of Year Amount: 1,286. End of Year Amount: 2,241.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Rental Income
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/Filer/EIN0310958777
ReturnHeader/Filer/PhoneNum02703653959
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ReturnHeader/FilingSecurityInformation/IPDt02017-05-22
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ReturnHeader/FilingSecurityInformation/IPTm016:59:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813932458
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PRINCETON
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042445
ReturnHeader/PreparerPersonGrp/PhoneNum02703653543
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICKIE W WILLIAMS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-26T14:25:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings