Civic Intelligence

Barbara and Eric Rudd Art Foundation Inc.

990EZ • Fiscal year 2019 • EIN 46-0962726

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 15, 2019

189 Beaver StreetNorth Adams, MA 01247

(413) 664-4650

Siviq Scores

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

Liabilities / Assets

96th percentile

1.23x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

3.14x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

40th percentile

-2.2%

Faster asset growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

1162%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$222,008

Down $4,928 (-2.2%) from 2018

Net Assets

Up

-$50,463

Up $57,947 (+53%) from 2018

Liabilities

Down

$272,471

Down $62,875 (-19%) from 2018

Revenue

Up

$86,905

Up $80,017 (+1162%) from 2018

Expenses

Up

$28,958

Up $2,604 (+9.9%) from 2018

Net Income

Up

$57,947

Up $77,413 (+398%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2014: $252,347Liabilities 2014: $234,338Net Assets 2014: $18,0092014Assets 2015: $243,598Liabilities 2015: $277,893Net Assets 2015: -$34,2952015Assets 2016: $238,748Liabilities 2016: $308,582Net Assets 2016: -$69,8342016Assets 2018: $226,936Liabilities 2018: $335,346Net Assets 2018: -$108,4102018Assets 2019: $222,008Liabilities 2019: $272,471Net Assets 2019: -$50,4632019Assets 2020: $217,289Liabilities 2020: $206,066Net Assets 2020: $11,2232020Assets 2021: $232,480Liabilities 2021: $148,386Net Assets 2021: $84,0942021Assets 2022: $226,460Liabilities 2022: $148,386Net Assets 2022: $78,0742022Assets 2023: $257,336Liabilities 2023: $164,486Net Assets 2023: $92,8502023Assets 2024: $338,527Liabilities 2024: $195,486Net Assets 2024: $143,0412024

Highlighted filing

2019

Assets$222,008
Liabilities$272,471
Net Assets-$50,463

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2014: $75,778Expenses 2014: $57,769Net Income 2014: $18,0092014Revenue 2015: $24,544Expenses 2015: $76,848Net Income 2015: -$52,3042015Revenue 2016: $4,704Expenses 2016: $40,243Net Income 2016: -$35,5392016Revenue 2018: $6,888Expenses 2018: $26,354Net Income 2018: -$19,4662018Revenue 2019: $86,905Expenses 2019: $28,958Net Income 2019: $57,9472019Revenue 2020: $80,674Expenses 2020: $18,988Net Income 2020: $61,6862020Revenue 2021: $90,334Expenses 2021: $17,463Net Income 2021: $72,8712021Revenue 2022: $14,916Expenses 2022: $20,936Net Income 2022: -$6,0202022Revenue 2023: $44,558Expenses 2023: $29,782Net Income 2023: $14,7762023Revenue 2024: $98,225Expenses 2024: $48,034Net Income 2024: $50,1912024

Highlighted filing

2019

Revenue$86,905
Expenses$28,958
Net Income$57,947
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$86,905
Mission and Program Overview

Mission

To promote, conserve, preserve and exhibit the sculptures and pieces of art of eric rudd for the benefit of the public; to exhibit his visual art, and to organize performances of his written and described works; to collect, conserve, preserve and exhibit, on a temporary or permanent basis, the original works of other artists as such works relate to the works of eric rudd and in the context of such relationships; to organize and sponsor educational activities related to his art including, but not limited to seminars, workshops and performances; to promote, support, foster and/or contribute to the establishment, maintenance and operation of a museum for the public exhibition of eric rudd's art.

Program Services

DescriptionGrantsExpenses
TO PROMOTE, CONSERVE, PRESERVE AND EXHIBIT THE SCULPTURES AND PIECES OF ART OF ERIC RUDD FOR THE BENEFIT OF THE PUBLIC; TO EXHIBIT HIS VISUAL ART, AND TO ORGANIZE PERFORMANCES OF HIS WRITTEN AND DESCRIBED WORKS; TO COLLECT, CONSERVE, PRESERVE AND EXHIBIT, ON A TEMPORARY OR PERMANENT BASIS, THE ORIGINAL WORKS OF OTHER ARTISTS AS SUCH WORKS RELATE TO THE WORKS OF ERIC RUDD AND IN THE CONTEXT OF SUCH RELATIONSHIPS; TO ORGANIZE AND SPONSOR EDUCATIONAL ACTIVITIES RELATED TO HIS ART INCLUDING, BUT NOT LIMITED TO SEMINARS, WORKSHOPS AND PERFORMANCES; TO PROMOTE, SUPPORT, FOSTER AND/OR CONTRIBUTE TO THE ESTABLISHMENT, MAINTENANCE AND OPERATION OF A MUSEUM FOR THE PUBLIC EXHIBITION OF ERIC RUDD'S ART.-$22,440
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARBARA RUDDClerk-$0--
ERIC RUDDPresident-$0--
Filing and Contact Details

Filer

Filer Name
Barbara and Eric Rudd Art
EIN
46-0962726
Address
189 BEAVER STREET, NORTH ADAMS, MA 01247

Signing Officer

Name
Eric Rudd
Title
President
Phone
4136649550
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Smith Watson & Co Llp
Address
7 NORTH ST SUITE 205, PITTSFIELD, MA 01201
Preparer
Bryon M Sherman
Phone
4134649940
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other revenue 218 total 218

Form 990-ez, Part I, Line 16

Expenses repairs and maintenance 3,487 supplies 1,201 elevator 4,539 advertising 75 insurance expense 3,909 bank fees 25 phone 479 office expenses 35 beach event expense 1,239 honorariums 3,799 total 18,788

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 335,346 272,471

Form 990-ez, Part III

To promote, conserve, preserve and exhibit the sculptures and pieces of art of eric rudd for the benefit of the public; to exhibit his visual art, and to organize performances of his written and described works; to collect, conserve, preserve and exhibit, on a temporary or permanent basis, the original works of other artists as such works relate to the works of eric rudd and in the context of such relationships; to organize and sponsor educational activities related to his art including, but not limited to seminars, workshops and performances; to promote, support, foster and/or contribute to the establishment, maintenance and operation of a museum for the public exhibition of eric rudd's art.

Form 990-ez, Part III, Line 28

To promote, conserve, preserve and exhibit the sculptures and pieces of art of eric rudd for the benefit of the public; to exhibit his visual art, and to organize performances of his written and described works; to collect, conserve, preserve and exhibit, on a temporary or permanent basis, the original works of other artists as such works relate to the works of eric rudd and in the context of such relationships; to organize and sponsor educational activities related to his art including, but not limited to seminars, workshops and performances; to promote, support, foster and/or contribute to the establishment, maintenance and operation of a museum for the public exhibition of eric rudd's art.

Raw XML Appendix147 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/ExplanationTxt0OTHER REVENUE 218 TOTAL 218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES REPAIRS AND MAINTENANCE 3,487 SUPPLIES 1,201 ELEVATOR 4,539 ADVERTISING 75 INSURANCE EXPENSE 3,909 BANK FEES 25 PHONE 479 OFFICE EXPENSES 35 BEACH EVENT EXPENSE 1,239 HONORARIUMS 3,799 TOTAL 18,788
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 335,346 272,471
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE, CONSERVE, PRESERVE AND EXHIBIT THE SCULPTURES AND PIECES OF ART OF ERIC RUDD FOR THE BENEFIT OF THE PUBLIC; TO EXHIBIT HIS VISUAL ART, AND TO ORGANIZE PERFORMANCES OF HIS WRITTEN AND DESCRIBED WORKS; TO COLLECT, CONSERVE, PRESERVE AND EXHIBIT, ON A TEMPORARY OR PERMANENT BASIS, THE ORIGINAL WORKS OF OTHER ARTISTS AS SUCH WORKS RELATE TO THE WORKS OF ERIC RUDD AND IN THE CONTEXT OF SUCH RELATIONSHIPS; TO ORGANIZE AND SPONSOR EDUCATIONAL ACTIVITIES RELATED TO HIS ART INCLUDING, BUT NOT LIMITED TO SEMINARS, WORKSHOPS AND PERFORMANCES; TO PROMOTE, SUPPORT, FOSTER AND/OR CONTRIBUTE TO THE ESTABLISHMENT, MAINTENANCE AND OPERATION OF A MUSEUM FOR THE PUBLIC EXHIBITION OF ERIC RUDD'S ART.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROMOTE, CONSERVE, PRESERVE AND EXHIBIT THE SCULPTURES AND PIECES OF ART OF ERIC RUDD FOR THE BENEFIT OF THE PUBLIC; TO EXHIBIT HIS VISUAL ART, AND TO ORGANIZE PERFORMANCES OF HIS WRITTEN AND DESCRIBED WORKS; TO COLLECT, CONSERVE, PRESERVE AND EXHIBIT, ON A TEMPORARY OR PERMANENT BASIS, THE ORIGINAL WORKS OF OTHER ARTISTS AS SUCH WORKS RELATE TO THE WORKS OF ERIC RUDD AND IN THE CONTEXT OF SUCH RELATIONSHIPS; TO ORGANIZE AND SPONSOR EDUCATIONAL ACTIVITIES RELATED TO HIS ART INCLUDING, BUT NOT LIMITED TO SEMINARS, WORKSHOPS AND PERFORMANCES; TO PROMOTE, SUPPORT, FOSTER AND/OR CONTRIBUTE TO THE ESTABLISHMENT, MAINTENANCE AND OPERATION OF A MUSEUM FOR THE PUBLIC EXHIBITION OF ERIC RUDD'S ART.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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