Civic Intelligence

Arts Mentorship Program Inc.

990 • Fiscal year 2020 • EIN 45-1567553

Sep 01, 2019 to Aug 31, 2020 • Filed on Nov 11, 2021

531 East Cota StreetSanta Barbara, CA 93103

(805) 570-6268

Siviq Scores

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

Liabilities / Assets

69th percentile

0.20x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.79x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

80th percentile

30%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

63rd percentile

14%

Faster asset growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

50%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$884,990

Up $108,410 (+14%) from 2019

Net Assets

Up

$706,610

Up $68,605 (+11%) from 2019

Liabilities

Up

$178,380

Up $39,805 (+29%) from 2019

Revenue

Up

$225,107

Up $74,660 (+50%) from 2019

Expenses

Up

$156,481

Up $17,382 (+12%) from 2019

Net Income

Up

$68,626

Up $57,278 (+505%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $867,504Liabilities 2015: $192,220Net Assets 2015: $675,2842015Assets 2016: $830,813Liabilities 2016: $171,273Net Assets 2016: $659,5402016Assets 2017: $801,077Liabilities 2017: $161,545Net Assets 2017: $639,5322017Assets 2018: $774,347Liabilities 2018: $147,690Net Assets 2018: $626,6572018Assets 2019: $776,580Liabilities 2019: $138,575Net Assets 2019: $638,0052019Assets 2020: $884,990Liabilities 2020: $178,380Net Assets 2020: $706,6102020Assets 2021: $840,299Liabilities 2021: $176,793Net Assets 2021: $663,5062021Assets 2022: $886,444Liabilities 2022: $313,379Net Assets 2022: $573,0652022Assets 2023: $830,848Liabilities 2023: $336,530Net Assets 2023: $494,3182023Assets 2024: $724,552Liabilities 2024: $327,216Net Assets 2024: $397,3362024

Highlighted filing

2020

Assets$884,990
Liabilities$178,380
Net Assets$706,610

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $127,983Expenses 2015: $89,955Net Income 2015: $38,0282015Revenue 2016: $109,968Expenses 2016: $125,712Net Income 2016: -$15,7442016Revenue 2017: $116,130Expenses 2017: $136,138Net Income 2017: -$20,0082017Revenue 2018: $117,730Expenses 2018: $130,605Net Income 2018: -$12,8752018Revenue 2019: $150,447Expenses 2019: $139,099Net Income 2019: $11,3482019Revenue 2020: $225,107Expenses 2020: $156,481Net Income 2020: $68,6262020Revenue 2021: $124,058Expenses 2021: $169,120Net Income 2021: -$45,0622021Revenue 2022: $155,245Expenses 2022: $225,748Net Income 2022: -$70,5032022Revenue 2023: $178,701Expenses 2023: $257,069Net Income 2023: -$78,3682023Revenue 2024: $82,824Expenses 2024: $137,352Net Income 2024: -$54,5282024

Highlighted filing

2020

Revenue$225,107
Expenses$156,481
Net Income$68,626
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Nov 11, 2021
Return Version
2019v5.0
Gross Receipts
$225,107
Mission and Program Overview

Mission

To provide creative guidance, mentorship, and financial support to young and emerging performing artists in the santa barbara area.

Arts mentorship program creates opportunities for growth, and access to a state of the art studio and performance space through our scholarship programs, our all access no limits programs, and our rent subsidy program. It is our mission to support the education & training of dance and allow the healing art of dance to be accessible to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$730,013$707,095▼ $22,918
Rtn Earn Endowment Incm Other Fnds$638,005$706,610▲ $68,605
Savings and Temporary Cash Investments-$102,105-
Cash and Non-Interest-Bearing Accounts$46,567$75,790▲ $29,223
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$776,580$884,990▲ $108,410
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$137,191$174,191▲ $37,000
Other Liabilities$1,008$3,785▲ $2,777
Accounts Payable and Accrued Expenses$376$404▲ $28
Total Liabilities$138,575$178,380▲ $39,805
Net Assets / Fund Balance
Total Net Assets Fund Balance$638,005$706,610▲ $68,605
Total Liabilities and Net Assets / Fund Balance$776,580$884,990▲ $108,410

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$703,911$147,331$851,242
Equipment$3,184$2,520$5,704
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kerrilee GorePresident
Angela AndradeBoard Member
Brooke VanduyneBoard Member
Christie GlanvilleBoard Member
Kelsey BodineBoard Member
Lara GoldBoard Member
Tiffany LemonsBoard Member
Alana TillimDirector
Janean DanielsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$128,643
Program Service Revenue
$96,373
Investment Income
$91
Other Revenue
$0
All Other Contributions
$128,643
Change in Net Assets
$68,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,974
Grants and Similar Amounts Paid$23,713
Salaries, Compensation, and Employee Benefits$12,794
Total Fundraising Expense$375
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$24,836--$24,836
Grants to Domestic Individuals$23,713--$23,713
Depreciation Depletion$22,918--$22,918
Other Salaries and Wages-$12,147-$12,147
Office Expenses-$6,393-$6,393
Insurance-$3,464-$3,464
Payroll Taxes-$647-$647
Advertising$200--$200
Other Expenses$61,647$70$375$70
Total Functional Expenses$133,314$22,792$375$156,481
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$3,785
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the form 990 will be presented to the board members for review before the tax return is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All officers, directors, trustees, and key employees are required to sign a conflict of interest policy upon joining the organization. The policy is periodically reviewed and requires the board be notified if any potential conflicts arise.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is based upon what the organization can afford during the current year, with the goal of eventually reaching market rates.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization makes its governing and organizational documents available to the public upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Arts Mentorship Program Inc
EIN
45-1567553
Phone
8055706268
Address
531 EAST COTA STREET, SANTA BARBARA, CA 93103

Signing Officer

Name
Faith Strader
Title
Vice President
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerrilee Gore
Formed
2004
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
14
Volunteers
20

Preparer

Firm
Nicholson & Schwartz
Address
111 E De La Guerra St, Santa Barbara, CA 93101
Preparer
Ken Hennessee
Phone
8059699662
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior year adjustments = -$21

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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt069947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt048667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0354619
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01114
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt074512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt057717
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IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0144459
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0106384
IRS990ScheduleA/Total509Grp/TotalAmt0703968
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0113147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0115477
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0145573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0106412
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0705716
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02520
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0707095
IRS990ScheduleD/TotalLiabilityAmt03785
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DANCE FEE SCHOLARSHIPS
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IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0FANI HORVATH
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0EX BOARD MEMBER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0CASH
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 WILL BE PRESENTED TO THE BOARD MEMBERS FOR REVIEW BEFORE THE TAX RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY UPON JOINING THE ORGANIZATION. THE POLICY IS PERIODICALLY REVIEWED AND REQUIRES THE BOARD BE NOTIFIED IF ANY POTENTIAL CONFLICTS ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS BASED UPON WHAT THE ORGANIZATION CAN AFFORD DURING THE CURRENT YEAR, WITH THE GOAL OF EVENTUALLY REACHING MARKET RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING AND ORGANIZATIONAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior year adjustments = -$21
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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