Civic Intelligence

Art Creates Us Inc.

990 • Fiscal year 2019 • EIN 46-1518061

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 07, 2020

247 WATER STREET Room 403Brooklyn, NY 11201

(212) 256-1947

Siviq Scores

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

Liabilities / Assets

51st percentile

0.05x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$50,506

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Asset Growth

95th percentile

125%

Faster asset growth than 95% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$351,249

Up $194,981 (+125%) from 2018

Net Assets

Up

$332,502

Up $191,854 (+136%) from 2018

Liabilities

Up

$18,747

Up $3,127 (+20%) from 2018

Revenue

Up

$1,179,857

Up $113,995 (+11%) from 2018

Expenses

Down

$988,003

Down $54,028 (-5.2%) from 2018

Net Income

Up

$191,854

Up $168,023 (+705%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $39,704Liabilities 2015: $3,000Net Assets 2015: $36,7042015Assets 2016: $18,823Liabilities 2016: $3,391Net Assets 2016: $15,4322016Assets 2017: $126,131Liabilities 2017: $9,314Net Assets 2017: $116,8172017Assets 2018: $156,268Liabilities 2018: $15,620Net Assets 2018: $140,6482018Assets 2019: $351,249Liabilities 2019: $18,747Net Assets 2019: $332,5022019Assets 2020: $294,684Liabilities 2020: $165,580Net Assets 2020: $129,1042020Assets 2021: $324,638Liabilities 2021: $48,746Net Assets 2021: $275,8922021Assets 2022: $108,301Liabilities 2022: $43,119Net Assets 2022: $65,1822022Assets 2023: $300,228Liabilities 2023: $90,242Net Assets 2023: $209,9862023

Highlighted filing

2019

Assets$351,249
Liabilities$18,747
Net Assets$332,502

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $218,538Expenses 2015: $191,018Net Income 2015: $27,5202015Revenue 2016: $393,008Expenses 2016: $414,280Net Income 2016: -$21,2722016Revenue 2017: $708,334Expenses 2017: $606,949Net Income 2017: $101,3852017Revenue 2018: $1,065,862Expenses 2018: $1,042,031Net Income 2018: $23,8312018Revenue 2019: $1,179,857Expenses 2019: $988,003Net Income 2019: $191,8542019Revenue 2020: $750,771Expenses 2020: $954,169Net Income 2020: -$203,3982020Revenue 2021: $835,620Expenses 2021: $688,832Net Income 2021: $146,7882021Revenue 2022: $519,742Expenses 2022: $730,452Net Income 2022: -$210,7102022Revenue 2023: $852,609Expenses 2023: $707,805Net Income 2023: $144,8042023

Highlighted filing

2019

Revenue$1,179,857
Expenses$988,003
Net Income$191,854
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 7, 2020
Return Version
2018v3.1
Gross Receipts
$1,179,857
Mission and Program Overview

Mission

ProjectArt s purpose is to change the way the world values arts education and unleash the power of creativity in every child

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$131,126$315,457▲ $184,331
Accounts Receivable$15,000$15,986▲ $986
Total Assets$156,268$351,249▲ $194,981
Other Assets Total$10,142$19,806▲ $9,664
Liabilities
Accounts Payable and Accrued Expenses$15,620$18,747▲ $3,127
Total Liabilities$15,620$18,747▲ $3,127
Net Assets / Fund Balance
Unrestricted Net Assets$140,648$232,502▲ $91,854
Temporarily Rstr Net Assets-$100,000-
Total Net Assets Fund Balance$140,648$332,502▲ $191,854
Total Liabilities and Net Assets / Fund Balance$156,268$351,249▲ $194,981

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$6,050--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Diana BuckleyExecutive DirectorFT$50,506$50,506
Adarsh AlphonsChairperson/EXEC. DirectorFT$31,500$31,500

Board Members and Trustees

NameTitle
Jeffrey CripeDirector
Kyle DeWoodyDirector
Lisa ApplebaumDirector
Mark LevineDirector
Osman KhanDirector
Patricia KlehDirector
Shivani TrivediDirector
Heidi HovlandSecretary
Agostina PechiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,025,439
Program Service Revenue
$4,237
Investment Income
$0
Other Revenue
$150,181
All Other Contributions
$1,025,439
Change in Net Assets
$191,854

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table150$25,200Fair Market Value (FMV)
Total Noncash Contributions150$25,200-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,179,857
Total Revenue per Audited Statements
$1,179,857
Total Revenue per Form 990
$1,179,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$745,633
Other Expenses$242,370
Total Fundraising Expense$66,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$570,913--$570,913
Other Employee Benefits$90,582$2,132-$92,714
Current Officers, Directors, Trustees, and Key Employees$65,605$16,401-$82,006
Conferences and Meetings--$66,953$66,953
Occupancy$40,651--$40,651
All Other Expenses$25,200--$25,200
Information Technology$13,250$6,077-$19,327
Fees for Services Management$7,316$11,615-$18,931
Travel$1,798$14,204-$16,002
Office Expenses$3,822$6,696-$10,518
Fees for Services Accounting-$7,750-$7,750
Insurance-$4,456-$4,456
Other Expenses$2,414$8,096-$2,414
Total Functional Expenses$839,874$81,176$66,953$988,003

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$988,003
Total Expenses per Audited Statements$988,003
Total Expenses per Form 990$988,003
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$124,981
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is revied by the executive committeebefore a presentation is made to the board of directors which are each given a copy before themeeting is scheduled so that all questions they have can be addressed at that time. The boardcommittee members review the final form 990 before it is filed with the irs.

Form 990, Part VI, Section A, Line 8B

The committees met and reported the results at theboard meeting and the minutes of the meetings were kept by the secretary along with boardminutes.

Form 990, Part VI, Section B, Line 15A

The compensation for the executive director was established bythe board of directors and considered commensurate with the duties and responsibilities oftheir positions

Form 990, Part VI, Section C, Line 19

The governing documents are not available to thepublic.

Form 990, Part VI, Section B, Line 12C

Each board member is asked to sign conflict ofinterest agreements that are kept at organizations premises. In signing the conflict ofinterest agreement they are required to disclose any transactions whether present or futurethat may cause a conflict or interest at the board meetings. If any conflict of interestarises then that board member is prohibited from participating in that board meetingsdelibration and decision of that transaction

Form 990, Part VI, Section B, Line 14

The organization maintains the records for seven yearsfrom the date of trnasaction in the digital form. The data is backed up every two weeks on acentralized server.

Filing and Contact Details

Filer

Filer Name
Art Creates US Inc
EIN
46-1518061
Phone
2122561947
Address
247 WATER STREET Room 403, Brooklyn, NY 11201
Doing Business As
Project Art

Signing Officer

Name
Diana Buckley
Title
Executvie Director
Signed
2020-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adarsh Alphons
Formed
2013
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
124

Preparer

Firm
Ravi Ramaswamy Cpacgmacbm
Address
29 PERIWINKLE DR, MONMOUTH JUNCTION, NJ 08852
Preparer
Ravi Ramaswamy
Phone
7323551640
Supplemental Narrative

Additional Explanations

Form 990, Part V, Section 3B, Line 3B

There was no unrelated business

Form 990, Part V, Section 14B, Line 14B

There was no tanning services

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IRS990/PYOtherExpensesAmt0304102
IRS990/PYOtherRevenueAmt0125950
IRS990/PYRevenuesLessExpensesAmt023831
IRS990/PYSalariesCompEmpBnftPaidAmt0737929
IRS990/PYTotalExpensesAmt01042031
IRS990/PYTotalRevenueAmt01065862
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0191854
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01179857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01013720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0708333
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0393008
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0218536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03513454
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt03513454
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01179857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01013720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0708333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0393008
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0218536
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03513454
IRS990ScheduleA/TotalSupportAmt03513454
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0988003
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02017
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111739
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26050
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID EXPENSE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt01179857
IRS990ScheduleD/TotalBookValueOtherAssetsAmt019806
IRS990ScheduleD/TotalExpensesPerForm990Amt0988003
IRS990ScheduleD/TotalRevenuePerForm990Amt01179857
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01179857
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0150
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0ART SUPPLIES FOR KIDS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt025200
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIED BY THE EXECUTIVE COMMITTEEBEFORE A PRESENTATION IS MADE TO THE BOARD OF DIRECTORS WHICH ARE EACH GIVEN A COPY BEFORE THEMEETING IS SCHEDULED SO THAT ALL QUESTIONS THEY HAVE CAN BE ADDRESSED AT THAT TIME. THE BOARDCOMMITTEE MEMBERS REVIEW THE FINAL FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMITTEES MET AND REPORTED THE RESULTS AT THEBOARD MEETING AND THE MINUTES OF THE MEETINGS WERE KEPT BY THE SECRETARY ALONG WITH BOARDMINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS ESTABLISHED BYTHE BOARD OF DIRECTORS AND CONSIDERED COMMENSURATE WITH THE DUTIES AND RESPONSIBILITIES OFTHEIR POSITIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THEPUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH BOARD MEMBER IS ASKED TO SIGN CONFLICT OFINTEREST AGREEMENTS THAT ARE KEPT AT ORGANIZATIONS PREMISES. IN SIGNING THE CONFLICT OFINTEREST AGREEMENT THEY ARE REQUIRED TO DISCLOSE ANY TRANSACTIONS WHETHER PRESENT OR FUTURETHAT MAY CAUSE A CONFLICT OR INTEREST AT THE BOARD MEETINGS. IF ANY CONFLICT OF INTERESTARISES THEN THAT BOARD MEMBER IS PROHIBITED FROM PARTICIPATING IN THAT BOARD MEETINGSDELIBRATION AND DECISION OF THAT TRANSACTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAINTAINS THE RECORDS FOR SEVEN YEARSFROM THE DATE OF TRNASACTION IN THE DIGITAL FORM. THE DATA IS BACKED UP EVERY TWO WEEKS ON ACENTRALIZED SERVER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE WAS NO UNRELATED BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THERE WAS NO TANNING SERVICES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part V, Section 3B, Line 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part V, Section 14B, Line 14B
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0100000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0156268
IRS990/TotalAssetsEOYAmt0351249
IRS990/TotalAssetsGrp/BOYAmt0156268
IRS990/TotalAssetsGrp/EOYAmt0351249
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01025439
IRS990/TotalEmployeeCnt0124
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt066953
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081176
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0839874
IRS990/TotalFunctionalExpensesGrp/TotalAmt0988003
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015620
IRS990/TotalLiabilitiesEOYAmt018747
IRS990/TotalLiabilitiesGrp/BOYAmt015620
IRS990/TotalLiabilitiesGrp/EOYAmt018747
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0140648
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0332502
IRS990/TotalProgramServiceExpensesAmt0839874
IRS990/TotalProgramServiceRevenueAmt04237
IRS990/TotalReportableCompFromOrgAmt082006
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01179857
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0156268
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0351249
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt014204
IRS990/TravelGrp/ProgramServicesAmt01798
IRS990/TravelGrp/TotalAmt016002
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0140648
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0232502
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0247 WATER STREET

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