Salem Art Institute Inc

990EZ • Fiscal year 2014 • EIN 34-1726707

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 19, 2014

Organization Profile N/A

PO Box 55344460

(330) 332-4021

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-9902%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-17%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2014

-0.3%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2014

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$61,638

Down $44,841 (-42%) from 2011

Net Assets

Down

$61,638

Down $44,841 (-42%) from 2011

Liabilities

Flat

Flat from 2011

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin1st percentile

Revenue

Down

$323

Down $3 (-0.9%) from 2011

Expenses

$32,306

Up $25,018 (+343%) from 2011

Net Income

Down

-$31,983

Down $25,021 (-359%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

Highlighted filing

2014

Assets$61,638

Liabilities$0

Net Assets$61,638

Open 2014 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2014

Revenue$323

Expenses$32,306

Net Income-$31,983

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2013 to Jun 30, 2014
Signed: Aug 19, 2014
Return Version: 2013v3.0
Gross Receipts: $323

Mission and Program Overview

Mission

The organization's purpose is to cultivate, promote and encourage the development of the arts and to increase the public's awareness of such.

Program Services

Description	Grants	Expenses
The purpose for which this corporation was formed is to cultivate, promote and encourage the development of the arts and to increase the publics awareness of and appreciation for the institution of art.	$0	$6,963

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Robert S McCulloch III	Trustee	-	$0	-	-
John Tonti	Trustee	-	$0	-	-
Larry Cecil	Trustee	-	$0	-	-

Filing and Contact Details

Filer

EIN: 34-1726707
Phone: 3303324021

Signing Officer

Name: John Tonti
Title: Trustee
Phone: 3303324021
Signed: 2014-08-19
Discuss with paid preparer: Yes

Preparer

Preparer: Roger E Hack CPA
Phone: 3303378713

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 14

“Description: Depreciation. Amount: 6,963.”

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

“Description: Ohio Attorney General Filing Fees. Amount: 100. Description: Loss of Paintings. Amount: 25,000. Total to Form 990-EZ, line 16: 25,100.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Paintings. Beg. of Year Amount: 25,000. End of Year Amount: 0.”

Raw XML Appendix143 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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1	0	Hack Steer & Company LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3303378713
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	314 E Second Street Salem Ohio
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	Salem
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	44460
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	20
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	0
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	323
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-31983
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	243
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	93621
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	61638
IRS990EZ/GrossReceiptsAmt	0	323
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	68601
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	61638
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	93621
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	61638
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	93621
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	61638
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	6963
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Robert S McCulloch III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	John Tonti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Larry Cecil
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Trustee
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	25000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	25100
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	The organization's purpose is to cultivate, promote and encourage the development of the arts and to increase the public's awareness of such.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	The purpose for which this corporation was formed is to cultivate, promote and encourage the development of the arts and to increase the publics awareness of and appreciation for the institution of art.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	6963
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	32306
IRS990EZ/TotalProgramServiceExpensesAmt	0	6963
IRS990EZ/TotalRevenueAmt	0	323
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	322
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	1522
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	5
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	1522
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	322
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	325
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	1522
IRS990ScheduleA/TotalSupportAmt	0	1522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description: Depreciation. Amount: 6,963.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: Ohio Attorney General Filing Fees. Amount: 100. Description: Loss of Paintings. Amount: 25,000. Total to Form 990-EZ, line 16: 25,100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: Paintings. Beg. of Year Amount: 25,000. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The 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/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	John Tonti
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3303324021
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	Salem Art Institute Inc
ReturnHeader/Filer/BusinessNameControlTxt	0	SALE
ReturnHeader/Filer/EIN	0	341726707
ReturnHeader/Filer/PhoneNum	0	3303324021
ReturnHeader/Filer/USAddress/AddressLine1	0	PO Box 553
ReturnHeader/Filer/USAddress/City	0	Salem
ReturnHeader/Filer/USAddress/State	0	OH
ReturnHeader/Filer/USAddress/ZIPCode	0	44460
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	205607042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	Hack Steer & Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	314 East Second Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	44460
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3303378713
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-08-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Roger E Hack CPA
ReturnHeader/ReturnTs	0	2014-09-08T13:03:59-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-07-01
ReturnHeader/TaxPeriodEndDt	0	2014-06-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $61,638
Liabilities: $0
Net assets: $61,638
Revenue: $323
Expenses: $32,306
Net income: -$31,983

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.00		$0.00
2024Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2023Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2021Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2019Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2018Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2017Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.55	$0.55
2016Detailed filing. Detailed filing data is available for this year.	$0.55	$0.00	$0.55	$0.00	$0.00	$0.00
2015Detailed filing. Detailed filing data is available for this year.	$0.55	$0.00	$0.55	$0.00	$0.07	$0.07
2014Detailed filing. Detailed filing data is available for this year.	$0.62	$0.00	$0.62	$0.00	$0.32	$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.06	$0.00	$1.06	$0.00	$0.07	$0.07