Civic Intelligence

Summit Art Inc.

990EZ • Fiscal year 2023 • EIN 41-2147766

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

Organization ProfileSUMMITART.ORG
210 SW Market St Ste 154Lees Summit, MO 64063

(816) 805-0114

Siviq Scores

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

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.04x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

79th percentile

32%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Revenue Growth

72nd percentile

30%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Assets

Flat

$38,608

Flat from 2023

Net Assets

$35,095

No earlier filing loaded for comparison.

Liabilities

Flat

$3,513

Flat from 2023

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin74th percentile

Revenue

Flat

$94,756

Flat from 2023

Expenses

Flat

$75,129

Flat from 2023

Net Income

Flat

$19,627

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$100K$50K$0Assets 2009: $16,286Liabilities 2009: $502009Assets 2010: $26,519Liabilities 2010: $02010Assets 2011: $34,118Net Assets 2011: $34,1182011Assets 2012: $36,723Net Assets 2012: $36,7232012Assets 2013: $38,493Liabilities 2013: $324Net Assets 2013: $38,1692013Assets 2014: $38,376Liabilities 2014: $904Net Assets 2014: $37,4722014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $92,151Liabilities 2016: $4,456Net Assets 2016: $87,6952016Assets 2017: $82,729Liabilities 2017: $4,558Net Assets 2017: $78,1712017Assets 2018: $80,538Liabilities 2018: $3,947Net Assets 2018: $76,5912018Assets 2019: $38,543Liabilities 2019: $651Net Assets 2019: $37,8922019Assets 2020: $19,416Liabilities 2020: $2,665Net Assets 2020: $16,7512020Assets 2021: $22,310Liabilities 2021: $190Net Assets 2021: $22,1202021Assets 2023: $38,608Liabilities 2023: $3,513Net Assets 2023: $35,0952023Assets 2023: $38,608Liabilities 2023: $3,5132023Assets 2024: $38,835Liabilities 2024: $2,241Net Assets 2024: $36,5942024

Highlighted filing

2023

Assets$38,608
Liabilities$3,513
Net Assets$35,095
Open 2023 Filing

Operations Trend

Revenue Growth72nd percentile

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

$300K$200K$100K$0-$100KRevenue 2009: $20,290Expenses 2009: $24,253Net Income 2009: -$3,9632009Revenue 2010: $27,860Expenses 2010: $17,577Net Income 2010: $10,2832010Revenue 2011: $48,149Expenses 2011: $40,550Net Income 2011: $7,5992011Revenue 2012: $73,624Expenses 2012: $70,419Net Income 2012: $3,2052012Revenue 2013: $81,174Expenses 2013: $79,728Net Income 2013: $1,4462013Revenue 2014: $75,372Expenses 2014: $76,669Net Income 2014: -$1,2972014Revenue 2015: $212,421Expenses 2015: $165,575Net Income 2015: $46,8462015Revenue 2016: $223,898Expenses 2016: $217,695Net Income 2016: $6,2032016Revenue 2017: $199,809Expenses 2017: $209,333Net Income 2017: -$9,5242017Revenue 2018: $209,391Expenses 2018: $210,972Net Income 2018: -$1,5812018Revenue 2019: $105,995Expenses 2019: $144,694Net Income 2019: -$38,6992019Revenue 2020: $30,256Expenses 2020: $54,776Net Income 2020: -$24,5202020Revenue 2021: $56,166Expenses 2021: $56,707Net Income 2021: -$5412021Revenue 2023: $94,756Expenses 2023: $75,129Net Income 2023: $19,6272023Revenue 2023: $94,756Expenses 2023: $75,129Net Income 2023: $19,6272023Revenue 2024: $60,413Expenses 2024: $58,915Net Income 2024: $1,4982024

Highlighted filing

2023

Revenue$94,756
Expenses$75,129
Net Income$19,627
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.0
Gross Receipts
$94,756
Mission and Program Overview

Mission

To provide art enrichment to the community.

To provide art enrichment to the community

Program Services

DescriptionGrantsExpenses
PROVIDE ART CLASSES, WORKSHOPS AND FESTIVALS, DISPLAY ART AT ST LUKES HOSPITAL-$23,557
PROVIDE ART CLASSES, WORKSHOPS AND FESTIVALS, DISPLAY ART AT ST LUKES HOSPITAL--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHARON WAGNERPresident-$0--
NICOLE STAABVice Preside-$0--
MARY PETERSONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Summit Art Inc
EIN
41-2147766
Phone
8168050114
Address
210 SW MARKET ST STE 154, LEES SUMMIT, MO 64063

Signing Officer

Name
Jody Fristoe
Title
Director
Phone
8168050114
Signed
2024-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Abacus Accounting Solutions LLC
Address
1308 NE WINDSOR DRIVE, LEES SUMMIT, MO 64086
Preparer
Elizabeth Greer Zoller Ea
Phone
8167741750
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Advertising and promotion 2,106 cost of goods sold 21,451 expenses insurance 1,732 total 25,289”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 1,910 3,513”

Form 990-ez, Part III, Line 31

“Provide art classes, workshops and festivals, display art at st lukes hospital”

Raw XML Appendix134 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ABACUS ACCOUNTING SOLUTIONS
IRS990EZ/BooksInCareOfDetail/PhoneNum08167741750
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01308 NE WINDSOR DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEES SUMMIT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd064086
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017378
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038608
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt031576
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019627
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019523
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017378
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038608
IRS990EZ/GrossReceiptsAmt094756
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt067
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0MODIFIED CASH
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015468
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035095
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015468
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035095
IRS990EZ/OccupancyRentUtltsAndMaintAmt010936
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHARON WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICOLE STAAB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt025289
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ART ENRICHMENT TO THE COMMUNITY
IRS990EZ/ProgramServiceRevenueAmt063113
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE ART CLASSES, WORKSHOPS AND FESTIVALS, DISPLAY ART AT ST LUKES HOSPITAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE ART CLASSES, WORKSHOPS AND FESTIVALS, DISPLAY ART AT ST LUKES HOSPITAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023557
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt019381
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01910
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03513
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt075129
IRS990EZ/TotalProgramServiceExpensesAmt023557
IRS990EZ/TotalRevenueAmt094756
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SUMMITART.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt031576
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt033458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt024074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt011452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0122969
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0281
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0334
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0216416
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99730
IRS990ScheduleA/PublicSupportTotal170Amt0122969
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt031576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022409
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt033458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt011452
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0122969
IRS990ScheduleA/TotalSupportAmt0123303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING AND PROMOTION 2,106 COST OF GOODS SOLD 21,451 EXPENSES INSURANCE 1,732 TOTAL 25,289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,910 3,513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE ART CLASSES, WORKSHOPS AND FESTIVALS, DISPLAY ART AT ST LUKES HOSPITAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JODY FRISTOE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08168050114
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT ART INC
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0412147766
ReturnHeader/Filer/PhoneNum08168050114
ReturnHeader/Filer/USAddress/AddressLine1Txt0210 SW MARKET ST STE 154
ReturnHeader/Filer/USAddress/CityNm0LEES SUMMIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064063
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832771504
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABACUS ACCOUNTING SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01308 NE WINDSOR DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEES SUMMIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064086
ReturnHeader/PreparerPersonGrp/PhoneNum08167741750
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH GREER ZOLLER EA
ReturnHeader/ReturnTs02024-05-17T11:25:04-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JODY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRISTOE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,608
Liabilities
$3,513
Net assets
$35,095
Revenue
$94,756
Expenses
$75,129
Net income
$19,627
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$0.60$0.59$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$0.95$0.75$0.20
2023Summary only. Only limited summary data is available for this year.$0.39$0.04$0.95$0.75$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.00$0.22$0.56$0.57$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.03$0.17$0.30$0.55$0.25
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.01$0.38$1.06$1.45$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.04$0.77$2.09$2.11$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.05$0.78$2.00$2.09$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.04$0.88$2.24$2.18$0.06
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$2.12$1.66$0.47
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.01$0.37$0.75$0.77$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$0.81$0.80$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.37$0.74$0.70$0.03
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.34$0.48$0.41$0.08
2010Summary only. Only limited summary data is available for this year.$0.27$0.00$0.28$0.18$0.10
2009Summary only. Only limited summary data is available for this year.$0.16$0.00$0.20$0.24$0.04