Civic Intelligence

Barbara and Eric Rudd Art Foundation Inc.

990EZ • Fiscal year 2020 • EIN 46-0962726

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 15, 2020

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

93rd percentile

0.95x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

2.55x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

38th percentile

-2.1%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

57th percentile

-7.2%

Faster revenue growth than 57% of similar nonprofits.

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

Assets

Down

$217,289

Down $4,719 (-2.1%) from 2019

Net Assets

Up

$11,223

Up $61,686 (+122%) from 2019

Liabilities

Down

$206,066

Down $66,405 (-24%) from 2019

Revenue

Down

$80,674

Down $6,231 (-7.2%) from 2019

Expenses

Down

$18,988

Down $9,970 (-34%) from 2019

Net Income

Up

$61,686

Up $3,739 (+6.5%) from 2019

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

2020

Assets$217,289
Liabilities$206,066
Net Assets$11,223

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

2020

Revenue$80,674
Expenses$18,988
Net Income$61,686
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 15, 2020
Return Version
2019v5.0
Gross Receipts
$80,674
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.-$13,874
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
2020-12-15
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 16

Expenses repairs and maintenance 327 supplies 1,868 elevator 2,679 advertising 675 insurance expense 3,705 phone 612 office expenses 122 cleaning and maintenance 642 total 10,630

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 272,471 206,066

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 Appendix149 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 REPAIRS AND MAINTENANCE 327 SUPPLIES 1,868 ELEVATOR 2,679 ADVERTISING 675 INSURANCE EXPENSE 3,705 PHONE 612 OFFICE EXPENSES 122 CLEANING AND MAINTENANCE 642 TOTAL 10,630
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNSECURED NOTES AND LOANS PAYABLE 272,471 206,066
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO 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/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.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxYr02019

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