Civic Intelligence

Wet Art

990EZ • Fiscal year 2022 • EIN 45-4044700

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 05, 2023

Organization ProfileWWW.WETART.ORG
9055 Soquel Drive HAptos, CA 95003

(831) 688-2919

Siviq Scores

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

Liabilities / Assets

81st percentile

0.12x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

25th percentile

-11%

Higher net margin than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

7th percentile

-65%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

49%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$6,518

Down $12,358 (-65%) from 2021

Net Assets

Down

$5,713

Down $13,163 (-70%) from 2021

Liabilities

$805

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin25th percentile

Revenue

Up

$116,451

Up $38,541 (+49%) from 2021

Expenses

Up

$129,614

Up $70,205 (+118%) from 2021

Net Income

Down

-$13,163

Down $31,664 (-171%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$30K$20K$10K$0Assets 2012: $625Net Assets 2012: $6252012Assets 2013: $322Net Assets 2013: $3222013Assets 2014: $171Liabilities 2014: $02014Assets 2015: $28Net Assets 2015: $282015Assets 2016: $24,424Liabilities 2016: $02016Assets 2017: $18,713Net Assets 2017: $18,7132017Assets 2018: $639Net Assets 2018: $6392018Assets 2019: $2,297Net Assets 2019: $2,2972019Assets 2020: $375Net Assets 2020: $3752020Assets 2021: $18,876Net Assets 2021: $18,8762021Assets 2022: $6,518Liabilities 2022: $805Net Assets 2022: $5,7132022Assets 2023: $2,731Liabilities 2023: $474Net Assets 2023: $2,2572023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2022

Assets$6,518
Liabilities$805
Net Assets$5,713
Open 2022 Filing

Operations Trend

Revenue Growth73rd percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $41,468Expenses 2012: $40,843Net Income 2012: $6252012Revenue 2013: $483Expenses 2013: $786Net Income 2013: -$3032013Revenue 2014: $223Expenses 2014: $374Net Income 2014: -$1512014Revenue 2015: $450Expenses 2015: $593Net Income 2015: -$1432015Revenue 2016: $108,654Expenses 2016: $84,258Net Income 2016: $24,3962016Revenue 2017: $136,314Expenses 2017: $142,025Net Income 2017: -$5,7112017Revenue 2018: $47,669Expenses 2018: $65,743Net Income 2018: -$18,0742018Revenue 2019: $28,812Expenses 2019: $27,154Net Income 2019: $1,6582019Revenue 2020: $17,510Expenses 2020: $19,432Net Income 2020: -$1,9222020Revenue 2021: $77,910Expenses 2021: $59,409Net Income 2021: $18,5012021Revenue 2022: $116,451Expenses 2022: $129,614Net Income 2022: -$13,1632022Revenue 2023: $1Expenses 2023: $3,457Net Income 2023: -$3,4562023Revenue 2024: -$262Expenses 2024: $1,995Net Income 2024: -$2,2572024

Highlighted filing

2022

Revenue$116,451
Expenses$129,614
Net Income-$13,163
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 5, 2023
Return Version
2022v5.0
Gross Receipts
$125,877
Mission and Program Overview

Mission

Wet art's mission is to hold fundraisers throughout the year to earn money to support other local non-profits in the community.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION RAISES FUNDS TO SUPPORT OTHER LOCAL NON-PROFITS AND NEEDY PEOPLE IN THE LOCAL COMMUNITY.-$5,359
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TONI SUTHERLANDDirectorPT$0--
JULIE PENNIMANDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wet Art Event$20,624$20,624$9,426$11,198
Total Events$20,624$20,624$9,426$11,198
Filing and Contact Details

Filer

Filer Name
Wet Art
EIN
45-4044700
Phone
8316882919
Address
9055 SOQUEL DRIVE H, APTOS, CA 95003

Signing Officer

Name
Toni Sutherland
Title
Director
Signed
2023-04-05
Discuss with paid preparer
Yes

Preparer

Firm
Nichols Rick & Company
Address
16360 Monterey Road Suite 170, Morgan Hill, CA 95037
Preparer
John S Rick
Phone
4087793313
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $329”

Other Expenses.1007

“Conferences, Conventions, and Meetings $664”

Other Assets.1005

“Accounts Receivable - Beginning $271 Accounts Receivable - Ending $2271”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $805”

Raw XML Appendix170 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/PersonNm0TONI SUTHERLAND
IRS990EZ/BooksInCareOfDetail/PhoneNum08316882919
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09055 SOQUEL DRIVE STE H
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0APTOS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018605
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04247
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0500
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13163
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04343
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018876
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06518
IRS990EZ/FundraisingGrossIncomeAmt020624
IRS990EZ/GrantsAndSimilarAmountsPaidAmt07000
IRS990EZ/GrossReceiptsAmt0125877
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0104753
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018876
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05713
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018876
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05713
IRS990EZ/OccupancyRentUtltsAndMaintAmt0117255
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TONI SUTHERLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JULIE PENNIMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0271
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02271
IRS990EZ/OtherExpensesTotalAmt0993
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WET ART'S MISSION IS TO HOLD FUNDRAISERS THROUGHOUT THE YEAR TO EARN MONEY TO SUPPORT OTHER LOCAL NON-PROFITS IN THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt023
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION RAISES FUNDS TO SUPPORT OTHER LOCAL NON-PROFITS AND NEEDY PEOPLE IN THE LOCAL COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05359
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt09426
IRS990EZ/SpecialEventsNetIncomeLossAmt011198
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0805
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0129614
IRS990EZ/TotalProgramServiceExpensesAmt05359
IRS990EZ/TotalRevenueAmt0116451
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WETART.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01558
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018099
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0125377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt077410
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt021584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt041018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0281341
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0299440
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0125877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt077910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt030475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt047668
IRS990ScheduleA/Total509Grp/TotalAmt0299440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0125877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt077910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt017510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt030475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt047668
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0299440
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09426
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WET ART EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020624
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020624
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020624
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020624
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011198
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09426
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09426
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $329
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $664
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Receivable - Beginning $271 Accounts Receivable - Ending $2271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $805
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TONI SUTHERLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WET ART
ReturnHeader/Filer/BusinessNameControlTxt0WETA
ReturnHeader/Filer/EIN0454044700
ReturnHeader/Filer/PhoneNum08316882919
ReturnHeader/Filer/USAddress/AddressLine1Txt09055 SOQUEL DRIVE H
ReturnHeader/Filer/USAddress/CityNm0APTOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095003
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770454740
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Nichols Rick & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016360 Monterey Road Suite 170
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Morgan Hill
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095037
ReturnHeader/PreparerPersonGrp/PhoneNum04087793313
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S RICK
ReturnHeader/ReturnTs02023-04-05T08:46:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TONI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SUTHERLAND
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,518
Liabilities
$805
Net assets
$5,713
Revenue
$116,451
Expenses
$129,614
Net income
-$13,163
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.02$0.00$0.03$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$1.16$1.30$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.19$0.78$0.59$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.18$0.19$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.29$0.27$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.48$0.66$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.19$1.36$1.42$0.06
2016Summary only. Only limited summary data is available for this year.$0.24$0.00$1.09$0.84$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.41$0.41$0.01