Civic Intelligence

The Golden Thread Inc

EIN 46-0984746 • 501(c)3 • West Hartford, CT

Profile

Raise funds and operate Golden Thread Gallery to display art work, hold performing arts and educational events for the public.

PO Box 270984West Hartford, CT 06107

www.goldenthreadgallery.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

35th percentile

-6.3%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

23rd percentile

-33%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

94th percentile

148%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$8,008

Down $3,897 (-33%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$8,008

Down $3,897 (-33%) from 2015

Operations
Liabilities / RevenueScore unavailableNet Margin35th percentile

Revenue

Up

$62,199

Up $37,102 (+148%) from 2015

Expenses

Up

$66,096

Up $42,589 (+181%) from 2015

Net Income

Down

-$3,897

Down $5,487 (-345%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$15K$10K$5.0K$0Assets 2013: $11,636Net Assets 2013: $11,6362013Assets 2014: $11,711Net Assets 2014: $11,7112014Assets 2015: $11,905Net Assets 2015: $11,9052015Assets 2016: $8,008Net Assets 2016: $8,0082016

Highlighted filing

2016

Assets$8,008
Liabilities-
Net Assets$8,008
Open 2016 Filing

Operations Trend

Revenue Growth94th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2013: $25,942Expenses 2013: $14,612Net Income 2013: $11,3302013Revenue 2014: $19,700Expenses 2014: $19,625Net Income 2014: $752014Revenue 2015: $25,097Expenses 2015: $23,507Net Income 2015: $1,5902015Revenue 2016: $62,199Expenses 2016: $66,096Net Income 2016: -$3,8972016

Highlighted filing

2016

Revenue$62,199
Expenses$66,096
Net Income-$3,897
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,008
Liabilities
-
Net assets
$8,008
Revenue
$62,199
Expenses
$66,096
Net income
-$3,897
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$8.01$8.01$62.2$66.1$3.90
2015Detailed filing. Detailed filing data is available for this year.$11.9$11.9$25.1$23.5$1.59
2014Detailed filing. Detailed filing data is available for this year.$11.7$11.7$19.7$19.6$0.08
2013Detailed filing. Detailed filing data is available for this year.$11.6$11.6$25.9$14.6$11.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$62,199
Mission and Program Overview

Mission

Raise funds and operate Golden Thread Gallery to display art work, hold performing arts and educational events for the public.

Program Services

DescriptionGrantsExpenses
Established in 2013, our mission is connecting the human spirit through the arts. We exhibit professional and emerging artists from various backgrounds and welcomes all mediums and cultures. By displaying a collection of various perspectives on a common theme, we reveal how art can creatively illustrate the diversity of the human condition. Our name, The Golden Thread, represents the invisible, underlying connection that weaves together the spirit of humanity through the arts.In our third season we introduced exphrastic poetry to our programming and invited poets to be inspired to create work based on the art in our exhibit. The results were astoundingly beautiful, both the poetry and the connections that were created between the poets and the artists. Our exhibits included; Tree of Life, Woman: A Fierce Beauty, and Art in Motion.We had our annual members exhibit in July 2016.In August 2016, our SPARK program funded Hartford artist Joy Monroe and allowed her to create a mural that speaks to the beauty and hope in her community in the Northend of Hartford.In November 2016, working with photographer Ruedi Hofmann and filmmaker Daniel Salazar III, we completed our ambitious and meaningful PIVOTAL HARTFORD project, which will premiere at The Bushnell Performing Arts Center in March of 2017. This multi-media, interactive installation tells the story of the City of Hartford through the voices of extraordinary people, some known and some quietly working to bring positive change to the City of Hartford. Pivotal Hartford includes; photography, film, and spoken word, combined in an exciting way where, through technology, photographs come alive, moving and speaking to the viewer.$55,393-
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael GalburriVice Chairman-$0--
Ellen FoxSecretary-$0--
Mary McGowanDirector-$0--
Michael MoranDirector-$0--
Tricia Haggerty WenzDirectorPT$0--
Kate WilsonDirectorPT$0--
Carol ChaseTreasurer-$0--
Michelle ThomasDirector-$0--
Bill WalshDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Golden Thread Inc
EIN
46-0984746
Phone
8607609766
Address
PO Box 270984, West Hartford, CT 06107

Signing Officer

Name
Tricia Haggerty Wenz
Title
Director
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Adam P Cohen CPA LLC
Address
81 South Main St Suite 9, West Hartford, CT 06107-2405
Preparer
Adam P Cohen
Phone
8605216400
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $45”

Other Expenses.1009

“Depreciation $1470”

Other Expenses.1010

“Amortization $553”

Other Expenses.1

“PIVOTAL Hartford program exp's $49247”

Other Expenses.2

“Miscellaneous $4459”

Other Expenses.3

“Website $2750”

Other Expenses.4

“Computer expenses $1390”

Other Expenses.5

“Marketing materials $758”

Other Expenses.6

“Miscellaneous $558”

Other Expenses.7

“Fundraising expenses $489”

Other Expenses.8

“Dues and subscriptions $480”

Other Expenses.9

“Art Openings $332”

Other Expenses.10

“Printing and postage $231”

Other Expenses.11

“Paypal Fees $155”

Other Expenses.12

“Taxes and registrations $67”

Other Expenses.13

“SPARK program expenses $67”

Other Expenses.14

“Vinyl Lettering $65”

Other Assets.1002

“Furniture and Fixtures - Beginning $5112 Furniture and Fixtures - Ending $3642”

Other Assets.1012

“Intangible Assets - Beginning $553 Intangible Assets - Ending $0”

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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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Tricia Haggerty Wenz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Golden Thread Inc
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ReturnHeader/Filer/EIN0460984746
ReturnHeader/Filer/PhoneNum08607609766
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ReturnHeader/Filer/USAddress/CityNm0West Hartford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Adam P Cohen CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt081 South Main St Suite 9
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Hartford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0061072405
ReturnHeader/PreparerPersonGrp/PhoneNum08605216400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam P Cohen
ReturnHeader/ReturnTs02017-11-15T07:28:12-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits