Civic Intelligence

Critical Read Inc

990EZ • Fiscal year 2020 • EIN 46-4167600

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

Organization Profilewww.criticalread.org
276 Fifth Avenue Suit 704New York, NY 10001

(347) 575-2907

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

37th percentile

-1.8%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

9th percentile

-47%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

96th percentile

155%

Faster revenue growth than 96% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$2,451

Down $2,149 (-47%) from 2019

Net Assets

Down

$2,451

Down $899 (-27%) from 2019

Liabilities

Down

$0

Down $1,250 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin37th percentile

Revenue

Up

$50,283

Up $30,528 (+155%) from 2019

Expenses

Up

$51,182

Up $26,522 (+108%) from 2019

Net Income

Up

-$899

Up $4,006 (+82%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$15K$10K$5.0K$0-$5.0K-$10KAssets 2014: $214Liabilities 2014: $6,675Net Assets 2014: -$6,4612014Assets 2015: $6,472Liabilities 2015: $0Net Assets 2015: $6,4722015Assets 2016: $708Liabilities 2016: $0Net Assets 2016: $7082016Assets 2017: $2,488Liabilities 2017: $0Net Assets 2017: $2,4882017Assets 2018: $10,755Liabilities 2018: $0Net Assets 2018: $10,7552018Assets 2019: $4,600Liabilities 2019: $1,250Net Assets 2019: $3,3502019Assets 2020: $2,451Liabilities 2020: $0Net Assets 2020: $2,4512020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$2,451
Liabilities$0
Net Assets$2,451
Open 2020 Filing

Operations Trend

Revenue Growth96th percentile

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

$60K$40K$20K$0-$20KRevenue 2014: $0Expenses 2014: $6,476Net Income 2014: -$6,4762014Revenue 2015: $25,590Expenses 2015: $19,332Net Income 2015: $6,2582015Revenue 2016: $18,215Expenses 2016: $23,979Net Income 2016: -$5,7642016Revenue 2017: $12,410Expenses 2017: $10,630Net Income 2017: $1,7802017Revenue 2018: $28,799Expenses 2018: $16,532Net Income 2018: $12,2672018Revenue 2019: $19,755Expenses 2019: $24,660Net Income 2019: -$4,9052019Revenue 2020: $50,283Expenses 2020: $51,182Net Income 2020: -$8992020Revenue 2021: $21,097Expenses 2021: $20,559Net Income 2021: $5382021

Highlighted filing

2020

Revenue$50,283
Expenses$51,182
Net Income-$899
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.0
Gross Receipts
$50,283
Mission and Program Overview

Mission

To promote the arts and culture in the united states. Critical read publishes and distributes original commentaries on important works of the fine, literary and performing arts.

The organization's primary exempt purpose is to promote the arts and culture in the United States. Critical Read publishes and distributes original commentaries on works of the fine, literary and performing arts.

Program Services

DescriptionGrantsExpenses
The organization moved its website from a defunct platform to Wordpress. We redesigned the entire site with an aim towards making the content more accessible.$1,200$3,000
The organization began a series of flash nonfiction essays called Art Is Essential in response to the Covid 19 pandemic. We published sixty of these flash nonfiction essays online. Many of the writers published were emerging writers with no prior publication credits.$0$3,000
The organization hired and began work on an ebook about Duke Ellington and his first work of symphonic jazz.$0$3,000
The organization published personal essays and articles aimed at the general interest reader.$0$2,450
We began a mentorship program for emerging arts writers called the Critical Read Blogging Fellowship. We selected seven writers as fellows. Each was paired with an editor and mentor who helped that writer identify a beat, report stories, or write essays for publication at Critical Read.$0$2,000
The organization published 'A Woman's Work' by Noelle Nicholson. This ebook tells the story of Grace Carpenter Hudson and her painting 'Blue Monday'.$0$1,100
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalie AxtonPresidentPT$0--
Meredith HayTreasurer-$0--
James UebbingDirector-$0--
Anthony FountainDirector-$0--
Filing and Contact Details

Filer

Filer Name
Critical Read Inc
EIN
46-4167600
Phone
3475752907
Address
276 Fifth Avenue Suit 704, New York, NY 10001

Signing Officer

Name
Natalie Axton
Title
President
Phone
3475752907
Signed
2021-11-01
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Advertising and Promotion;8707|Books and Subscriptions and Reference;238|Image and Video Licensing Fees;215|Office Supplies;471|Website Expenses;5250|Insurance;1603|Travel and Restaurant;244^Total;16728^”

Form 990-EZ, Part II, Line 26

“The final payment in a loan to Natalie Axton was paid off on Nov. 23, 2020.”

Raw XML Appendix239 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1We began a mentorship program for emerging arts writers called the Critical Read Blogging Fellowship. We selected seven writers as fellows. Each was paired with an editor and mentor who helped that writer identify a beat, report stories, or write essays for publication at Critical Read.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The final payment in a loan to Natalie Axton was paid off on Nov. 23, 2020.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
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ReturnHeader/Filer/PhoneNum03475752907
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ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/ReturnTs02021-11-01T11:53:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,451
Liabilities
$0
Net assets
$2,451
Revenue
$50,283
Expenses
$51,182
Net income
-$899
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$21.1$20.6$0.54
2020Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$50.3$51.2$0.90
2019Detailed filing. Detailed filing data is available for this year.$4.60$1.25$3.35$19.8$24.7$4.91
2018Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$28.8$16.5$12.3
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$12.4$10.6$1.78
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$18.2$24.0$5.76
2015Detailed filing. Detailed filing data is available for this year.$6.47$0.00$6.47$25.6$19.3$6.26
2014Detailed filing. Detailed filing data is available for this year.$0.21$6.68$6.46$0.00$6.48$6.48