Civic Intelligence

Upturn Arts

990 • Fiscal year 2020 • EIN 46-2925350

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 08, 2021

1719 Toledano StreetNew Orleans, LA 70115

(504) 390-8399

Siviq Scores

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

Liabilities / Assets

85th percentile

0.36x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.31x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

20th percentile

-22%

Higher net margin than 20% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$50,826

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 35.9% of source-year revenue.

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

Asset Growth

40th percentile

-0.9%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

17th percentile

-59%

Faster revenue growth than 17% of similar nonprofits.

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

Assets

Down

$119,217

Down $1,088 (-0.9%) from 2019

Net Assets

Down

$75,833

Down $31,870 (-30%) from 2019

Liabilities

Up

$43,384

Up $30,782 (+244%) from 2019

Revenue

Down

$141,701

Down $203,198 (-59%) from 2019

Expenses

Down

$173,571

Down $181,732 (-51%) from 2019

Net Income

Down

-$31,870

Down $21,466 (-206%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $85,092Liabilities 2014: $4,684Net Assets 2014: $80,4082014Assets 2015: $41,504Liabilities 2015: $5,5872015Assets 2016: $44,543Liabilities 2016: $1,135Net Assets 2016: $43,4082016Assets 2017: $89,387Liabilities 2017: $15,137Net Assets 2017: $74,2502017Assets 2018: $118,159Liabilities 2018: $4,610Net Assets 2018: $113,5492018Assets 2019: $120,305Liabilities 2019: $12,602Net Assets 2019: $107,7032019Assets 2020: $119,217Liabilities 2020: $43,384Net Assets 2020: $75,8332020Assets 2021: $136,715Liabilities 2021: $48,621Net Assets 2021: $88,0942021Assets 2022: $176,110Liabilities 2022: $6,093Net Assets 2022: $170,0172022Assets 2023: $130,828Liabilities 2023: $11,403Net Assets 2023: $119,4252023Assets 2024: $195,075Liabilities 2024: $35,448Net Assets 2024: $159,6272024

Highlighted filing

2020

Assets$119,217
Liabilities$43,384
Net Assets$75,833

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $132,220Expenses 2014: $51,812Net Income 2014: $80,4082014Revenue 2015: $152,666Expenses 2015: $197,157Net Income 2015: -$44,4912015Revenue 2016: $192,301Expenses 2016: $184,810Net Income 2016: $7,4912016Revenue 2017: $297,778Expenses 2017: $249,988Net Income 2017: $47,7902017Revenue 2018: $362,749Expenses 2018: $327,619Net Income 2018: $35,1302018Revenue 2019: $344,899Expenses 2019: $355,303Net Income 2019: -$10,4042019Revenue 2020: $141,701Expenses 2020: $173,571Net Income 2020: -$31,8702020Revenue 2021: $280,985Expenses 2021: $268,724Net Income 2021: $12,2612021Revenue 2022: $525,161Expenses 2022: $443,238Net Income 2022: $81,9232022Revenue 2023: $543,099Expenses 2023: $593,691Net Income 2023: -$50,5922023Revenue 2024: $483,319Expenses 2024: $443,117Net Income 2024: $40,2022024

Highlighted filing

2020

Revenue$141,701
Expenses$173,571
Net Income-$31,870
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 8, 2021
Return Version
2020v4.1
Gross Receipts
$141,701
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$55,014$55,429▲ $415
Investments in Publicly Traded Securities$56,175$54,381▼ $1,794
Pledges and Grants Receivable$5,633$5,922▲ $289
Savings and Temporary Cash Investments$3,483$3,485▲ $2
Total Assets$120,305$119,217▼ $1,088
Liabilities
Other Liabilities$617$39,290▲ $38,673
Deferred Revenue$10,500$3,396▼ $7,104
Accounts Payable and Accrued Expenses$1,485$698▼ $787
Total Liabilities$12,602$43,384▲ $30,782
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,703$75,833▼ $31,870
Total Net Assets Fund Balance$107,703$75,833▼ $31,870
Total Liabilities and Net Assets / Fund Balance$120,305$119,217▼ $1,088

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$56,175-▼ $1,794-$54,381
2019$25,685$25,000▲ $5,490-$56,175
2018-$27,000▼ $1,315-$25,685
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dana ReedExecutive DirectorFT$50,826$50,826

Board Members and Trustees

NameTitle
Maureen LongPresident
Jerry W LenazVice President
Katelyn PowellBoard Member
Alli WomacSecretary
Lara CarterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,189
Program Service Revenue
$16,019
Investment Income
$1,493
Other Revenue
$0
All Other Contributions
$114,189
Change in Net Assets
$-31,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$117,974
Other Expenses$55,597
Total Fundraising Expense$14,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,895$7,764$3,774$54,433
Current Officers, Directors, Trustees, and Key Employees$41,371$7,489$3,640$52,500
Fees for Services Other$7,486$1,355$659$9,500
Office Expenses$7,474$1,354$658$9,486
Payroll Taxes$6,440$1,166$567$8,173
Fees for Services Accounting$4,439$803$391$5,633
Occupancy$2,768$501$244$3,513
Other Employee Benefits$2,260$409$199$2,868
Advertising$1,572-$470$2,042
Conferences and Meetings-$1,175-$1,175
Insurance$879$159$77$1,115
Other Expenses$702$390$389$389
Interest$67$12$6$85
Travel$50$9$4$63
All Other Expenses$29$6-$35
Total Functional Expenses$136,530$22,592$14,449$173,571
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Sba Ppp Loan Payable$39,290
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

After the draft of the 990 is completed, the executive committee and treasurer review and approve the 990 for board approval. The entire board receives an email of the completed draft of the 990 and are given time to address any concerns. If no concerns are addressed, the form 990 is filed.

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

Management monitors the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The organization uses comparable data and internet research to help determine the compensation of officers and directors.

Form 990, Part VI, Section C, Line 19

The organization makes its documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Upturn Arts
EIN
46-2925350
Phone
5043908399
Address
1719 TOLEDANO STREET, NEW ORLEANS, LA 70115

Signing Officer

Name
Dana Reed
Title
Executive Director
Phone
5043908399
Signed
2021-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dana Reed
Formed
2014
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
23
Volunteers
0

Preparer

Firm
Ericksen Krentel Llp
Address
4227 CANAL STREET, NEW ORLEANS, LA 70119
Preparer
W Eric Powers CPA
Phone
5044867275
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

Upturn arts is a fun creative program that teaches children in the new orleans community to explore and build confidence in themselves as artists. Our mission is to provide "arts for all."

FORM 990, PART III, LINE 1:

Upturn arts is a fun and creative program that teaches children from the new orleans community to explore and to build confidence in themselves as artists. "when school's out, we're in!" upturn arts provides afterschool and day-long arts programming for youth ages 4-18 with classes in dance, music, visual arts and theater every day. Day-long camps are provided to families on a sliding scale through our creartive grants program. Based on annual income and household size, a portion of the cost of tuition is covered for families who qualify from 25-90% off. 50% of the young artists who attend upturn arts do so with a grant. Upturn arts believes all children should have access to the arts for both a creative and therapeutic outlet. All young artists are exposed to working professionals, either through our teaching staff or master artist series, to provide examples of how to be an artist for a living. Upturn arts also believes all teaching artists are artists first, teachers second and should be paid as masters of their craft.

FORM 990, PART III, LINE 4A:

As advised by the cdc and mayor's office, all upturn arts in-person programs scheduled for the spring and summer 2020 were canceledalong with those of all other providers of out-of-school enrichment programs. At upturn, when our ability to execute our in-person programming was disrupted in the spring, our administrative staff, teaching artists, and executive board strategized to create a virtual summer camp program for 2020, which we entitled u-turn. With a short turnaround time, we adapted our in-person lesson plans into 32 at-home, age-specific curricula based on the core standards of each grade level combined with our pre-planned summer camp themes. Additionally, we launched an educational youtube channel featuring lesson demonstrations by upturn arts staff and a few virtual workshops with our master guest artists, such as mike doussan, jamar pierre, and s. G. Clark. We successfully packaged and distributed 500 u-turn kits to families, complete with printed lesson plans and all supplies needed to complete each activity regardless of internet access. These kits were made available for pick-up at no cost to all upturn arts families that attended programs in 2019 and 2020. The initial run of 500 packets ran out quickly, and we were faced with a waiting list of around 300 families as well as a participation request from a local public school. Another 100 kits were later created and distributed in response to hurricane laura. Pending additional funding, we hope to continue printing and delivering these packets to children in the new orleans area (the video tutorials and pdfs of the booklets are also publicly available on our website at http://upturnarts.org/u-turn/ ). We are pleased with the success of this approach and, with the understanding that at-home options for youth may be an additional necessity for the foreseeable future, plan to develop more at-home programming curricula and materials. The virtual materials would be in addition to upturn art's in-person programming, which we intend to resume for summer camp in 2021.

Financial Statement Notes

PART V, LINE 4:

Upturn arts has established a board reserve fund to provide secure long term support for its programs and organization functions.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UPTURN ARTS HAS ESTABLISHED A BOARD RESERVE FUND TO PROVIDE SECURE LONG TERM SUPPORT FOR ITS PROGRAMS AND ORGANIZATION FUNCTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UPTURN ARTS IS A FUN CREATIVE PROGRAM THAT TEACHES CHILDREN IN THE NEW ORLEANS COMMUNITY TO EXPLORE AND BUILD CONFIDENCE IN THEMSELVES AS ARTISTS. OUR MISSION IS TO PROVIDE "ARTS FOR ALL."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPTURN ARTS IS A FUN AND CREATIVE PROGRAM THAT TEACHES CHILDREN FROM THE NEW ORLEANS COMMUNITY TO EXPLORE AND TO BUILD CONFIDENCE IN THEMSELVES AS ARTISTS. "WHEN SCHOOL'S OUT, WE'RE IN!" UPTURN ARTS PROVIDES AFTERSCHOOL AND DAY-LONG ARTS PROGRAMMING FOR YOUTH AGES 4-18 WITH CLASSES IN DANCE, MUSIC, VISUAL ARTS AND THEATER EVERY DAY. DAY-LONG CAMPS ARE PROVIDED TO FAMILIES ON A SLIDING SCALE THROUGH OUR CREARTIVE GRANTS PROGRAM. BASED ON ANNUAL INCOME AND HOUSEHOLD SIZE, A PORTION OF THE COST OF TUITION IS COVERED FOR FAMILIES WHO QUALIFY FROM 25-90% OFF. 50% OF THE YOUNG ARTISTS WHO ATTEND UPTURN ARTS DO SO WITH A GRANT. UPTURN ARTS BELIEVES ALL CHILDREN SHOULD HAVE ACCESS TO THE ARTS FOR BOTH A CREATIVE AND THERAPEUTIC OUTLET. ALL YOUNG ARTISTS ARE EXPOSED TO WORKING PROFESSIONALS, EITHER THROUGH OUR TEACHING STAFF OR MASTER ARTIST SERIES, TO PROVIDE EXAMPLES OF HOW TO BE AN ARTIST FOR A LIVING. UPTURN ARTS ALSO BELIEVES ALL TEACHING ARTISTS ARE ARTISTS FIRST, TEACHERS SECOND AND SHOULD BE PAID AS MASTERS OF THEIR CRAFT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS ADVISED BY THE CDC AND MAYOR'S OFFICE, ALL UPTURN ARTS IN-PERSON PROGRAMS SCHEDULED FOR THE SPRING AND SUMMER 2020 WERE CANCELEDALONG WITH THOSE OF ALL OTHER PROVIDERS OF OUT-OF-SCHOOL ENRICHMENT PROGRAMS. AT UPTURN, WHEN OUR ABILITY TO EXECUTE OUR IN-PERSON PROGRAMMING WAS DISRUPTED IN THE SPRING, OUR ADMINISTRATIVE STAFF, TEACHING ARTISTS, AND EXECUTIVE BOARD STRATEGIZED TO CREATE A VIRTUAL SUMMER CAMP PROGRAM FOR 2020, WHICH WE ENTITLED U-TURN. WITH A SHORT TURNAROUND TIME, WE ADAPTED OUR IN-PERSON LESSON PLANS INTO 32 AT-HOME, AGE-SPECIFIC CURRICULA BASED ON THE CORE STANDARDS OF EACH GRADE LEVEL COMBINED WITH OUR PRE-PLANNED SUMMER CAMP THEMES. ADDITIONALLY, WE LAUNCHED AN EDUCATIONAL YOUTUBE CHANNEL FEATURING LESSON DEMONSTRATIONS BY UPTURN ARTS STAFF AND A FEW VIRTUAL WORKSHOPS WITH OUR MASTER GUEST ARTISTS, SUCH AS MIKE DOUSSAN, JAMAR PIERRE, AND S. G. CLARK. WE SUCCESSFULLY PACKAGED AND DISTRIBUTED 500 U-TURN KITS TO FAMILIES, COMPLETE WITH PRINTED LESSON PLANS AND ALL SUPPLIES NEEDED TO COMPLETE EACH ACTIVITY REGARDLESS OF INTERNET ACCESS. THESE KITS WERE MADE AVAILABLE FOR PICK-UP AT NO COST TO ALL UPTURN ARTS FAMILIES THAT ATTENDED PROGRAMS IN 2019 AND 2020. THE INITIAL RUN OF 500 PACKETS RAN OUT QUICKLY, AND WE WERE FACED WITH A WAITING LIST OF AROUND 300 FAMILIES AS WELL AS A PARTICIPATION REQUEST FROM A LOCAL PUBLIC SCHOOL. ANOTHER 100 KITS WERE LATER CREATED AND DISTRIBUTED IN RESPONSE TO HURRICANE LAURA. PENDING ADDITIONAL FUNDING, WE HOPE TO CONTINUE PRINTING AND DELIVERING THESE PACKETS TO CHILDREN IN THE NEW ORLEANS AREA (THE VIDEO TUTORIALS AND PDFS OF THE BOOKLETS ARE ALSO PUBLICLY AVAILABLE ON OUR WEBSITE AT HTTP://UPTURNARTS.ORG/U-TURN/ ). WE ARE PLEASED WITH THE SUCCESS OF THIS APPROACH AND, WITH THE UNDERSTANDING THAT AT-HOME OPTIONS FOR YOUTH MAY BE AN ADDITIONAL NECESSITY FOR THE FORESEEABLE FUTURE, PLAN TO DEVELOP MORE AT-HOME PROGRAMMING CURRICULA AND MATERIALS. THE VIRTUAL MATERIALS WOULD BE IN ADDITION TO UPTURN ART'S IN-PERSON PROGRAMMING, WHICH WE INTEND TO RESUME FOR SUMMER CAMP IN 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER THE DRAFT OF THE 990 IS COMPLETED, THE EXECUTIVE COMMITTEE AND TREASURER REVIEW AND APPROVE THE 990 FOR BOARD APPROVAL. THE ENTIRE BOARD RECEIVES AN EMAIL OF THE COMPLETED DRAFT OF THE 990 AND ARE GIVEN TIME TO ADDRESS ANY CONCERNS. IF NO CONCERNS ARE ADDRESSED, THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT MONITORS THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION USES COMPARABLE DATA AND INTERNET RESEARCH TO HELP DETERMINE THE COMPENSATION OF OFFICERS AND DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 4A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
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