Civic Intelligence

The Golden Thread Inc

990EZ • Fiscal year 2016 • EIN 46-0984746

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization Profilewww.goldenthreadgallery.org
PO Box 270984West Hartford, CT 06107

(860) 760-9766

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

28th percentile

-6.3%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

95th percentile

148%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 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

Net Assets

Down

$8,008

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

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin28th 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

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$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 Growth95th percentile

Revenue, expenses, and net income across loaded years, with this 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
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 Pay75th 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”

Raw XML Appendix206 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/ExplanationTxt0Office Expenses $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $1470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Amortization $553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PIVOTAL Hartford program exp's $49247
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Miscellaneous $4459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Website $2750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Computer expenses $1390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Marketing materials $758
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous $558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Fundraising expenses $489
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Printing and postage $231
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Paypal Fees $155
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SPARK program expenses $67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Vinyl Lettering $65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Furniture and Fixtures - Beginning $5112 Furniture and Fixtures - Ending $3642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Intangible Assets - Beginning $553 Intangible Assets - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tricia Haggerty Wenz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Golden Thread Inc
ReturnHeader/Filer/BusinessNameControlTxt0GOLD
ReturnHeader/Filer/EIN0460984746
ReturnHeader/Filer/PhoneNum08607609766
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 270984
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.

Filings

Displayed 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