Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
990EZ • Fiscal year 2023 • EIN 46-3476101
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Assets
Up$167,488
Up $38,846 (+30%) from 2022
Net Assets
Up$162,140
Up $33,852 (+26%) from 2022
Liabilities
Up$5,348
Up $4,994 (+1411%) from 2022
Revenue
Down$65,249
Down $61,709 (-49%) from 2022
Expenses
Up$66,191
Up $6,677 (+11%) from 2022
Net Income
Down-$942
Down $68,386 (-101%) from 2022
To allow the public and organizations to participate in the revitalization of certain downtown areas in order to attract certain creative workforces and cultural tourists.
| Description | Grants | Expenses |
|---|---|---|
| With relocation of first artists, smART Kinston has begun to see the fruits of its reparatory work. Applications continue to come in as we shape the Arts and Cultural District into the focal point of Kinston's revitalization efforts. Construction on Arts Riverwalk and neighborhood entrance has begun and will soon solidify district as a destination. Recruitment of artists continues. Promotion of project has received much local media attention, but soon will grow into regional and statewide publicity as scope of recruitment reach increases. Continued support from local businesses has broadened reach of recruitment efforts. Construction on public art entrance to neighborhood is complete and partnerships with legacy non-profits have led to proceeds sharing from local events and joint initiatives. The Arts Council, Cooperative Extension and public school system collaborating to make entrance part of school curricula. Donation from Committee of 100 shows willingness of local leaders of commerce to invest in the district, which they view as an arts-based business incubator. Community college partnership continues to provide resource for artists starting their first businesses. Continued support from restaurateurs and other business owners, both financially and through promotion, has led to an upswing in tours of the neighborhood and conversations with additional stakeholders about future partnerships. | $63,271 | $27,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stephen B Hill | Chairman | - | $0 | - | - |
| Glenn Gannett | Treasurer | - | $0 | - | - |
| Stuart Lindley | Board Member | - | $0 | - | - |
“Activity:project grants ( 3 individuals);grantee name:;grantee address: , , none, , us;amount:12000;relationship:none;activity:art supplies;grantee name:;grantee address: , , none, , us;amount:10500;relationship:none;”
“Office Supplies - 693; Advertising - 1530; Meals - 319; Memberships & Dues - 175; Conferences & Meetings - 528; Staff Development - 599; Bank Fees - 138; Business Registration Fees - 600; Miscellaneous - 2130; Equipment Expense - 75; Depreciation - 2319;”
“Prior Period Adjustment - 34794;”
“Other Assets - BOY:0,EOY:45;”
“Other Liabilities - BOY:354,EOY:5348;”
“To allow the public and organizations to participate in the revitalization of certain downtown areas in order to attract certain creative workforces and cultural tourists.”
“With relocation of first artists, smART Kinston has begun to see the fruits of its reparatory work. Applications continue to come in as we shape the Arts and Cultural District into the focal point of Kinston's revitalization efforts. Construction on Arts Riverwalk and neighborhood entrance has begun and will soon solidify district as a destination. Recruitment of artists continues. Promotion of project has received much local media attention, but soon will grow into regional and statewide publicity as scope of recruitment reach increases. Continued support from local businesses has broadened reach of recruitment efforts. Construction on public art entrance to neighborhood is complete and partnerships with legacy non-profits have led to proceeds sharing from local events and joint initiatives. The Arts Council, Cooperative Extension and public school system collaborating to make entrance part of school curricula. Donation from Committee of 100 shows willingness of local leaders of commerce to invest in the district, which they view as an arts-based business incubator. Community college partnership continues to provide resource for artists starting their first businesses. Continued support from restaurateurs and other business owners, both financially and through promotion, has led to an upswing in tours of the neighborhood and conversations with additional stakeholders about future partnerships.”
“The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | GLENN S GANNETT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2522082527 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 604 NORTH QUEEN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Kinston |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28502 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 128642 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 134973 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 65249 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -942 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 26800 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/GrossReceiptsAmt | 0 | 65249 |
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| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NameChangeInd | 0 | X |
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| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 162140 |
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| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 162140 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3278 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.000 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Stephen B Hill |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Glenn Gannett |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Stuart Lindley |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 45 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 34794 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 9106 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ALLOW THE PUBLIC AND ORGANIZATIONS TO PARTICIPATE IN THE REVITALIZATION OF CERTAIN DOWNTOWN AREAS IN ORDER TO ATTRACT CERTAIN CREATIVE WORKFORCES AND CULTURAL TOURISTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 7 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | With relocation of first artists, smART Kinston has begun to see the fruits of its reparatory work. Applications continue to come in as we shape the Arts and Cultural District into the focal point of Kinston's revitalization efforts. Construction on Arts Riverwalk and neighborhood entrance has begun and will soon solidify district as a destination. Recruitment of artists continues. Promotion of project has received much local media attention, but soon will grow into regional and statewide publicity as scope of recruitment reach increases. Continued support from local businesses has broadened reach of recruitment efforts. Construction on public art entrance to neighborhood is complete and partnerships with legacy non-profits have led to proceeds sharing from local events and joint initiatives. The Arts Council, Cooperative Extension and public school system collaborating to make entrance part of school curricula. Donation from Committee of 100 shows willingness of local leaders of commerce to invest in the district, which they view as an arts-based business incubator. Community college partnership continues to provide resource for artists starting their first businesses. Continued support from restaurateurs and other business owners, both financially and through promotion, has led to an upswing in tours of the neighborhood and conversations with additional stakeholders about future partnerships. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 63271 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 27000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 354 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5348 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 66191 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 27000 |
| IRS990EZ/TotalRevenueAmt | 0 | 65249 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 65249 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 126958 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102137 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60320 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 64943 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 419607 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.9984 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 419607 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 65249 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 126958 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102137 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60320 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 64943 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 419607 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 419607 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY:PROJECT GRANTS ( 3 INDIVIDUALS);GRANTEE NAME:;GRANTEE ADDRESS: , , NONE, , US;AMOUNT:12000;RELATIONSHIP:NONE;ACTIVITY:ART SUPPLIES;GRANTEE NAME:;GRANTEE ADDRESS: , , NONE, , US;AMOUNT:10500;RELATIONSHIP:NONE; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Supplies - 693; Advertising - 1530; Meals - 319; Memberships & Dues - 175; Conferences & Meetings - 528; Staff Development - 599; Bank Fees - 138; Business Registration Fees - 600; Miscellaneous - 2130; Equipment Expense - 75; Depreciation - 2319; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Prior Period Adjustment - 34794; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Other Assets - BOY:0,EOY:45; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Other Liabilities - BOY:354,EOY:5348; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO ALLOW THE PUBLIC AND ORGANIZATIONS TO PARTICIPATE IN THE REVITALIZATION OF CERTAIN DOWNTOWN AREAS IN ORDER TO ATTRACT CERTAIN CREATIVE WORKFORCES AND CULTURAL TOURISTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | With relocation of first artists, smART Kinston has begun to see the fruits of its reparatory work. Applications continue to come in as we shape the Arts and Cultural District into the focal point of Kinston's revitalization efforts. Construction on Arts Riverwalk and neighborhood entrance has begun and will soon solidify district as a destination. Recruitment of artists continues. Promotion of project has received much local media attention, but soon will grow into regional and statewide publicity as scope of recruitment reach increases. Continued support from local businesses has broadened reach of recruitment efforts. Construction on public art entrance to neighborhood is complete and partnerships with legacy non-profits have led to proceeds sharing from local events and joint initiatives. The Arts Council, Cooperative Extension and public school system collaborating to make entrance part of school curricula. Donation from Committee of 100 shows willingness of local leaders of commerce to invest in the district, which they view as an arts-based business incubator. Community college partnership continues to provide resource for artists starting their first businesses. Continued support from restaurateurs and other business owners, both financially and through promotion, has led to an upswing in tours of the neighborhood and conversations with additional stakeholders about future partnerships. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 Net Assets Change |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24b Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26b Total Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Stephen B Hill |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2522082527 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Smart Kinston Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SMAR |
| ReturnHeader/Filer/EIN | 0 | 463476101 |
| ReturnHeader/Filer/PhoneNum | 0 | 2522082527 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 604 North Queen St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Kinston |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28504 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 440160260 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Forvis Mazars LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 Ridgefield Court |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Asheville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28806 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8282542254 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Amy Bibby |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T10:50:57+00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.