Civic Intelligence

Brain Arts Organization Inc.

990EZ • Fiscal year 2023 • EIN 46-2199793

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization Profilewww.brain-arts.org
PO Box 220539Dorchester, MA 02122

(978) 697-5433

Siviq Scores

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

Liabilities / Assets

99th percentile

33.43x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

2.79x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

13th percentile

-37%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

85th percentile

$20,713

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-82%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

28%

Faster revenue growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$9,174

Down $40,854 (-82%) from 2022

Net Assets

Down

-$297,532

Down $40,857 (-16%) from 2022

Liabilities

Up

$306,706

Up $3 (+0.0%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin13th percentile

Revenue

Up

$110,033

Up $23,767 (+28%) from 2022

Expenses

Down

$150,890

Down $103,276 (-41%) from 2022

Net Income

Up

-$40,857

Up $127,043 (+76%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$400K$200K$0-$200K-$400KAssets 2018: $42,080Net Assets 2018: $42,0802018Assets 2019: $45,520Liabilities 2019: $1Net Assets 2019: $45,5192019Assets 2020: $137,934Liabilities 2020: $75,900Net Assets 2020: $62,0342020Assets 2021: $209,805Liabilities 2021: $306,700Net Assets 2021: -$96,8952021Assets 2022: $50,028Liabilities 2022: $306,703Net Assets 2022: -$256,6752022Assets 2023: $9,174Liabilities 2023: $306,706Net Assets 2023: -$297,5322023

Highlighted filing

2023

Assets$9,174
Liabilities$306,706
Net Assets-$297,532
Open 2023 Filing

Operations Trend

Revenue Growth71st percentile

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

$400K$200K$0-$200KRevenue 2018: $132,522Expenses 2018: $127,860Net Income 2018: $4,6622018Revenue 2019: $157,739Expenses 2019: $154,300Net Income 2019: $3,4392019Revenue 2020: $195,772Expenses 2020: $179,643Net Income 2020: $16,1292020Revenue 2021: $168,730Expenses 2021: $327,659Net Income 2021: -$158,9292021Revenue 2022: $86,266Expenses 2022: $254,166Net Income 2022: -$167,9002022Revenue 2023: $110,033Expenses 2023: $150,890Net Income 2023: -$40,8572023

Highlighted filing

2023

Revenue$110,033
Expenses$150,890
Net Income-$40,857
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$110,033
Mission and Program Overview

Mission

Support BIPOCLGBTQexperimental artists

Program Services

DescriptionGrantsExpenses
Provided 14 private studios to local artists, and provided rehearsal, performance and exhibition spaces to local artists and art/music groups.-$33,168
Publicized over 1,300 local cultural events. Created over 2,200 artist opportunities in public art, performance, journalism and volunteerism.-$19,933
Published over 300 articles and art pieces in the Boston Compass newspaper (free monthly publication promoting local music and cultural events), and our blog and newsletter.-$7,054
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMYAS BOLDEN-MCKNIGHTClerk & DirectorPT$20,713-$20,713
SAMUEL POTRYKUSPresident & DirectorPT$15,713-$15,713
MARC DRINKWATERTreasurer & DirectorPT$3,885-$3,885
EMMA LEAVITTDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Brain Arts Organization Inc
EIN
46-2199793
Address
PO BOX 220539, Dorchester, MA 02122

Signing Officer

Name
Marc L Drinkwater
Title
Treasurer
Phone
9786975433
Signed
2024-11-13
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountLEGAL SETTLEMENT 361BANK FEES 435DONATIONS 300FILING FEES 533INSURANCE 3,503ONLINE SERVICES 3,313MEALS 60SUPPLIES 1,193PAYROLL PROCESSING FEES 3,596OFFICE EXPENSES 1,075INTEREST EXPENSE 6,202PROFESSIONAL CONFERENCE 25”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearSBA EIDL 306,700 306,700ROUNDING 3 6”

Raw XML Appendix160 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SAMUEL POTRYKUS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt020596
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrintingPublicationsPostageAmt08205
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Publicized over 1,300 local cultural events. Created over 2,200 artist opportunities in public art, performance, journalism and volunteerism.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Provided 14 private studios to local artists, and provided rehearsal, performance and exhibition spaces to local artists and art/music groups.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07054
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt119933
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt233168
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0150890
IRS990EZ/TotalProgramServiceExpensesAmt060155
IRS990EZ/TotalRevenueAmt0110033
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.brain-arts.org/
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0100088
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt066963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0105103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt068708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040858
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0715300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountLEGAL SETTLEMENT 361BANK FEES 435DONATIONS 300FILING FEES 533INSURANCE 3,503ONLINE SERVICES 3,313MEALS 60SUPPLIES 1,193PAYROLL PROCESSING FEES 3,596OFFICE EXPENSES 1,075INTEREST EXPENSE 6,202PROFESSIONAL CONFERENCE 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearSBA EIDL 306,700 306,700ROUNDING 3 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARC L DRINKWATER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09786975433
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRAIN ARTS ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BRAI
ReturnHeader/Filer/EIN0462199793
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 220539
ReturnHeader/Filer/USAddress/CityNm0Dorchester
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002122
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02024-11-15T20:20:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,174
Liabilities
$306,706
Net assets
-$297,532
Revenue
$110,033
Expenses
$150,890
Net income
-$40,857
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.09$3.07$2.98$1.10$1.51$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.50$3.07$2.57$0.86$2.54$1.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$3.07$0.97$1.69$3.28$1.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.76$0.62$1.96$1.80$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.58$1.54$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.42$1.33$1.28$0.05