Civic Intelligence

Arts Fulshear Inc

EIN 45-3509626 • 501(c)3 • Fulshear, TX

Profile

To provide & support art and cultural events, art education, & public art.

PO Box 1073Fulshear, TX 77441-1073

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

47th percentile

0.3%

Higher net margin than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

90th percentile

$17,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

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

Asset Growth

48th percentile

-2.6%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

-2.8%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$29,497

Down $779 (-2.6%) from 2015

Liabilities

Down

$989

Down $1,190 (-55%) from 2015

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$130,565

Down $3,734 (-2.8%) from 2015

Expenses

Down

$130,153

Down $4,641 (-3.4%) from 2015

Net Income

Up

$412

Up $907 (+183%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2013: $45,548Liabilities 2013: $1,134Net Assets 2013: $44,4142013Assets 2014: $31,872Liabilities 2014: $3,280Net Assets 2014: $28,5922014Assets 2015: $30,276Liabilities 2015: $2,1792015Assets 2016: $29,497Liabilities 2016: $9892016

Highlighted filing

2016

Assets$29,497
Liabilities$989
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $61,407Expenses 2013: $31,501Net Income 2013: $29,9062013Revenue 2014: $94,634Expenses 2014: $110,456Net Income 2014: -$15,8222014Revenue 2015: $134,299Expenses 2015: $134,794Net Income 2015: -$4952015Revenue 2016: $130,565Expenses 2016: $130,153Net Income 2016: $4122016

Highlighted filing

2016

Revenue$130,565
Expenses$130,153
Net Income$412

Filings

Latest Detailed Filing

The latest 2016 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 2, 2015
Return Version
2014v5.0
Gross Receipts
$111,233
Mission and Program Overview

Mission

To provide & support art and cultural events, art education, & public art.

Program Services

DescriptionGrantsExpenses
ARTS FULSHEAR PROVIDES SEVERAL CAMPS. THESE INCLUDE A CLAY CLASS, THEATER CAMP, SUMMER ART CLASS, AND VARIOUS AFTER SCHOOL CLASSES. IN 2014 OVER 300 AREA CHILDREN, WITH OVER 12 LOCAL ARTISTS TOOK PART IN THESE CLASSES.-$52,811
ENCOURAGING PUBLIC ARTS - IN 2014 ARTS FULSHEAR PROVIDED A GALLERY, OPEN TO THE PUBLIC, FOR LOCAL ARTISTS TO DISPLAY THEIR ART. ARTS FULSHEAR ALSO DONATED A WATER SCULPTURE FOR THE FULSHEAR CITY PARK BUTTERFLY GARDEN.-$21,732
ARTS FULSHEAR ALSO HOLDS EVENTS TO PROVIDE EXPOSURE FOR LOCAL ARTISTS. ART WALK IN DOWNTOWN FULSHEAR WAS ATTENDED BY 600+ PEOPLE WITH BOOTHS FOR 30 LOCAL ARTISTS. IN 2014 WE ADDED A CHRISTMAS ART AND CRAFT FAIR.-$14,970
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARCIA SIMMONSPresident Th-$17,500-$17,500
BRENT MEACHAMTreasurer-$0--
KAREN O'NEILLSecretary, T-$0--
SONYA SIMMONSBoard Member-$0--
GRETCHEN GILLIAN SIMMENBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Fundraiser$41,575$7,875$2,641$5,234
Total Events$41,575$7,875$16,599$-8,724
Filing and Contact Details

Filer

Filer Name
Arts Fulshear Inc
EIN
45-3509626
Phone
2817567446
Address
PO BOX 1073, FULSHEAR, TX 77441-1073

Signing Officer

Name
KAREN O'NEILL
Title
Secretary
Phone
2817567446
Signed
2015-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Cox and Associates Cpas LLC
Address
21960 HIGHWAY 242, NEW CANEY, TX 77357
Preparer
Cynthia a Cox CPA
Phone
2813998153
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expenses 6,493 office expenses 2,701 office expenses 6,581 information technology 1,291 information technology 334 information technology 1,562 insurance 1,501 insurance 795 insurance 2,003 other expenses 2,229 other expenses 1,641 other expenses 5,664 non-investment depreciation 400 total 33,195

Form 990-ez, Part I, Line 20

Change to prior year expenses 0

Form 990-ez, Part II, Line 24

Accounts receivable 0 2,075 prepaid expenses and deferred charges 0 2,425 stereo system 0 3,000 less accumulated depreciation 0 400 lease deposit 0 3,000 total 0 10,100

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,134 3,280

Raw XML Appendix162 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 6,493 OFFICE EXPENSES 2,701 OFFICE EXPENSES 6,581 INFORMATION TECHNOLOGY 1,291 INFORMATION TECHNOLOGY 334 INFORMATION TECHNOLOGY 1,562 INSURANCE 1,501 INSURANCE 795 INSURANCE 2,003 OTHER EXPENSES 2,229 OTHER EXPENSES 1,641 OTHER EXPENSES 5,664 NON-INVESTMENT DEPRECIATION 400 TOTAL 33,195
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
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