Civic Intelligence

Princeton Art Guild Inc.

990EZ • Fiscal year 2017 • EIN 31-0958777

Jan 01, 2017 to Dec 31, 2017 • Filed on May 17, 2018

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

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$20,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 39.2% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

35th percentile

-5.0%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-26%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$118,491

Down $6,269 (-5.0%) from 2016

Net Assets

Down

$116,250

Down $6,269 (-5.1%) from 2016

Liabilities

Flat

$2,241

Flat from 2016

Revenue

Down

$50,998

Down $17,664 (-26%) from 2016

Expenses

Up

$57,267

Up $1,400 (+2.5%) from 2016

Net Income

Down

-$6,269

Down $19,064 (-149%) from 2016

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

2017

Assets$118,491
Liabilities$2,241
Net Assets$116,250

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

2017

Revenue$50,998
Expenses$57,267
Net Income-$6,269
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 17, 2018
Return Version
2017v2.2
Gross Receipts
$50,998
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$23,957
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
2018-05-17
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: 840.

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

Description: interest income. Amount: 206.

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

Description: insurance. Amount: 3,956. Description: payroll taxes. Amount: 1,555. Description: miscellaneous. Amount: 1,079. Description: pennington festival. Amount: 23,957. Description: music for artisan festival. Amount: 500. Total to form 990-ez, line 16: 31,047.

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

Description: accrued expenses. Beg. Of year amount: 2,241. End of year amount: 2,241.

Raw XML Appendix155 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/BOYAmt0124760
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0118491
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt045012
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6269
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0124760
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0118491
IRS990EZ/GrossReceiptsAmt050998
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt01046
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt04940
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0122519
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0116250
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0122519
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116250
IRS990EZ/OccupancyRentUtltsAndMaintAmt04675
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt020000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MELISSA PEEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LUCY STEVENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANNE FARLESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTOPHER ROGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt031047
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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/PrintingPublicationsPostageAmt01545
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PENNINGTON FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023957
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt020000
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02241
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02241
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt057267
IRS990EZ/TotalProgramServiceExpensesAmt023957
IRS990EZ/TotalRevenueAmt050998
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PRINCETONARTGUILD.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt061687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0129749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0972
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01038
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03056
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97700
IRS990ScheduleA/PublicSupportPY170Pct00.97680
IRS990ScheduleA/PublicSupportTotal170Amt0129749
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045012
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt061687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023050
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0129749
IRS990ScheduleA/TotalSupportAmt0132805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIND AND LOCATION OF PROPERTY: COMMERCIAL BUILDING. AMOUNT: 840.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INTEREST INCOME. AMOUNT: 206.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INSURANCE. AMOUNT: 3,956. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,555. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,079. DESCRIPTION: PENNINGTON FESTIVAL. AMOUNT: 23,957. DESCRIPTION: MUSIC FOR ARTISAN FESTIVAL. AMOUNT: 500. TOTAL TO FORM 990-EZ, LINE 16: 31,047.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 2,241. END OF YEAR AMOUNT: 2,241.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA PEEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02703653959
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRINCETON ART GUILD
ReturnHeader/Filer/BusinessNameControlTxt0PRIN
ReturnHeader/Filer/EIN0310958777
ReturnHeader/Filer/PhoneNum02703653959
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 E MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0PRINCETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.87.106.158
ReturnHeader/FilingSecurityInformation/IPDt02018-05-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:50:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813932458
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS FAUGHN & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 WEST WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PRINCETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042445
ReturnHeader/PreparerPersonGrp/PhoneNum02703653543
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICKIE W WILLIAMS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-06-04T08:18:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits