Civic Intelligence

Art House Inc.

990 • Fiscal year 2017 • EIN 34-1926856

Jul 01, 2016 to Jun 30, 2017 • Filed on May 01, 2018

3119 Denison AvenueCleveland, OH 44109

(216) 398-8556

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.02x

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

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

Net Margin

31st percentile

-4.4%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$51,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 28.4% of source-year revenue.

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

Asset Growth

38th percentile

-3.0%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

34th percentile

-9.7%

Faster revenue growth than 34% of similar nonprofits.

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

Assets

Down

$467,953

Down $14,478 (-3.0%) from 2016

Net Assets

Down

$463,810

Down $7,888 (-1.7%) from 2016

Liabilities

Down

$4,143

Down $6,590 (-61%) from 2016

Revenue

Down

$179,405

Down $19,372 (-9.7%) from 2016

Expenses

Down

$187,293

Down $14,190 (-7.0%) from 2016

Net Income

Down

-$7,888

Down $5,182 (-192%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $545,439Liabilities 2013: $58,995Net Assets 2013: $486,4442013Assets 2014: $557,423Liabilities 2014: $44,555Net Assets 2014: $512,8682014Assets 2015: $536,206Liabilities 2015: $61,802Net Assets 2015: $474,4042015Assets 2016: $482,431Liabilities 2016: $10,733Net Assets 2016: $471,6982016Assets 2017: $467,953Liabilities 2017: $4,143Net Assets 2017: $463,8102017Assets 2018: $465,782Liabilities 2018: $12,044Net Assets 2018: $453,7382018Assets 2019: $449,520Liabilities 2019: $8,373Net Assets 2019: $441,1472019Assets 2020: $425,795Liabilities 2020: $32,871Net Assets 2020: $392,9242020Assets 2021: $548,822Liabilities 2021: $14,245Net Assets 2021: $534,5772021Assets 2022: $543,900Liabilities 2022: $11,609Net Assets 2022: $532,2912022Assets 2023: $639,891Liabilities 2023: $9,355Net Assets 2023: $630,5362023Assets 2024: $626,091Liabilities 2024: $5,996Net Assets 2024: $620,0952024Assets 2025: $658,595Liabilities 2025: $15,828Net Assets 2025: $642,7672025

Highlighted filing

2017

Assets$467,953
Liabilities$4,143
Net Assets$463,810

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2013: $223,3422013Revenue 2014: $257,714Expenses 2014: $249,956Net Income 2014: $7,7582014Revenue 2015: $199,141Expenses 2015: $223,105Net Income 2015: -$23,9642015Revenue 2016: $198,777Expenses 2016: $201,483Net Income 2016: -$2,7062016Revenue 2017: $179,405Expenses 2017: $187,293Net Income 2017: -$7,8882017Revenue 2018: $220,693Expenses 2018: $230,765Net Income 2018: -$10,0722018Revenue 2019: $274,300Expenses 2019: $241,389Net Income 2019: $32,9112019Revenue 2020: $177,448Expenses 2020: $225,671Net Income 2020: -$48,2232020Revenue 2021: $372,280Expenses 2021: $245,861Net Income 2021: $126,4192021Revenue 2022: $439,622Expenses 2022: $441,908Net Income 2022: -$2,2862022Revenue 2023: $642,988Expenses 2023: $544,743Net Income 2023: $98,2452023Revenue 2024: $457,186Expenses 2024: $467,627Net Income 2024: -$10,4412024Revenue 2025: $449,472Expenses 2025: $426,800Net Income 2025: $22,6722025

Highlighted filing

2017

Revenue$179,405
Expenses$187,293
Net Income-$7,888
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.1
Gross Receipts
$181,417
Mission and Program Overview

Mission

Art house, inc.'s mission is to inspire expression and exploration through the visual arts.

The mission of art house is to make art accessible to brooklyn centre and the greater cleveland community by providing instruction, encouragement, and facilities. Our purpose is to provide high quality visual and creative art classes for people of all ages and skill levels. Our goal is to enrich the lives of those that live in our community, to encourage and strengthen the careers of local artists, and to promote learning through the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$210,745$199,908▼ $10,837
Investments Other Securities$45,897$46,315▲ $418
Cash and Non-Interest-Bearing Accounts$39,034$26,772▼ $12,262
Pledges and Grants Receivable$10,392$25,359▲ $14,967
Accounts Receivable$10,015$3,251▼ $6,764
Total Assets$482,431$467,953▼ $14,478
Other Assets Total$166,348$166,348→ $0
Liabilities
Deferred Revenue$7,722$3,014▼ $4,708
Accounts Payable and Accrued Expenses$3,011$1,129▼ $1,882
Total Liabilities$10,733$4,143▼ $6,590
Net Assets / Fund Balance
Unrestricted Net Assets$348,273$340,385▼ $7,888
Temporarily Rstr Net Assets$123,425$123,425→ $0
Total Net Assets Fund Balance$471,698$463,810▼ $7,888
Total Liabilities and Net Assets / Fund Balance$482,431$467,953▼ $14,478

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$306,533-$306,533
Land$54,900-$54,900
Equipment$-161,525$161,525-
Other Assets Org$42,923--
Other Securities$46,315--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Laila VossExecutive Di$51,000$51,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$109,339
Program Service Revenue
$62,918
Investment Income
$430
Other Revenue
$6,718
All Other Contributions
$57,434
Change in Net Assets
$-7,888

Audited Revenue Reconciliation

Revenue per Audited Statements
$179,405
Total Revenue per Audited Statements
$179,405
Total Revenue per Form 990
$179,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,968
Salaries, Compensation, and Employee Benefits$53,325
Total Fundraising Expense$14,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,630$12,315$12,315$49,260
Depreciation Depletion$10,871--$10,871
Occupancy$5,356$1,376-$6,732
Insurance$4,856$1,214-$6,070
Fees for Services Other-$5,510$462$5,972
Payroll Taxes$2,033$1,016$1,016$4,065
Other Expenses$2,656$552-$3,208
All Other Expenses$1,218$1,522-$2,740
Office Expenses$270$2,205-$2,475
Fees for Services Management--$240$240
Total Functional Expenses$147,550$25,710$14,033$187,293

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$187,293
Total Expenses per Audited Statements$187,293
Total Expenses per Form 990$187,293
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,730
Fundraising Direct Expenses$2,012
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Executive director reviews prior to filing

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Art House Inc
EIN
34-1926856
Address
3119 DENISON AVENUE, CLEVELAND, OH 44109

Signing Officer

Name
Laila Voss
Title
Executive Director
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laila Voss
Formed
1999
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
Canter & Associates
Address
6400 OLDE STONE CROSSING, POLAND, OH 44514
Preparer
Paul J Canter CPA
Phone
3307079035
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of art house is to make art accessible to brooklyn centre and the greater cleveland community by providing instruction, encouragement, and facilities. Our purpose is to provide high quality visual and creative art classes for people of all ages and skill levels. Our goal is to enrich the lives of those that live in our community, to encourage and strengthen the careers of local artists, and to promote learning through the arts.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF ART HOUSE IS TO MAKE ART ACCESSIBLE TO BROOKLYN CENTRE AND THE GREATER CLEVELAND COMMUNITY BY PROVIDING INSTRUCTION, ENCOURAGEMENT, AND FACILITIES. OUR PURPOSE IS TO PROVIDE HIGH QUALITY VISUAL AND CREATIVE ART CLASSES FOR PEOPLE OF ALL AGES AND SKILL LEVELS. OUR GOAL IS TO ENRICH THE LIVES OF THOSE THAT LIVE IN OUR COMMUNITY, TO ENCOURAGE AND STRENGTHEN THE CAREERS OF LOCAL ARTISTS, AND TO PROMOTE LEARNING THROUGH THE ARTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR REVIEWS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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