Civic Intelligence

The Arts' Nest

990EZ • Fiscal year 2017 • EIN 47-1496714

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 13, 2017

Organization ProfileARTSNEST.ORG
2605 Hennepin Ave SMinneapolis, MN 55408

(612) 377-2285

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$18,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

50th percentile

2.0%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

-2.8%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$211,047

Up $4,117 (+2.0%) from 2016

Net Assets

Up

$211,047

Up $4,330 (+2.1%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin49th percentile

Revenue

Down

$151,219

Down $4,421 (-2.8%) from 2016

Expenses

Down

$146,889

Down $20,075 (-12%) from 2016

Net Income

Up

$4,330

Up $15,654 (+138%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$400K$300K$200K$100K$0-$100KAssets 2015: $218,355Liabilities 2015: $313Net Assets 2015: $218,0422015Assets 2016: $206,930Liabilities 2016: $213Net Assets 2016: $206,7172016Assets 2017: $211,047Net Assets 2017: $211,0472017Assets 2018: $219,873Liabilities 2018: $02018Assets 2019: $212,200Liabilities 2019: $0Net Assets 2019: $212,2002019Assets 2020: $229,915Liabilities 2020: $02020Assets 2021: $317,404Liabilities 2021: -$6952021Assets 2022: $279,592Liabilities 2022: $0Net Assets 2022: $279,5922022Assets 2023: $317,671Liabilities 2023: $0Net Assets 2023: $317,6712023Assets 2024: $289,406Liabilities 2024: $0Net Assets 2024: $289,4062024

Highlighted filing

2017

Assets$211,047
Liabilities-
Net Assets$211,047
Open 2017 Filing

Operations Trend

Revenue Growth43rd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $343,690Expenses 2015: $125,648Net Income 2015: $218,0422015Revenue 2016: $155,640Expenses 2016: $166,964Net Income 2016: -$11,3242016Revenue 2017: $151,219Expenses 2017: $146,889Net Income 2017: $4,3302017Revenue 2018: $184,497Expenses 2018: $175,673Net Income 2018: $8,8242018Revenue 2019: $213,086Expenses 2019: $220,759Net Income 2019: -$7,6732019Revenue 2020: $147,789Expenses 2020: $148,825Net Income 2020: -$1,0362020Revenue 2021: $148,574Expenses 2021: $66,295Net Income 2021: $82,2792021Revenue 2022: $107,594Expenses 2022: $146,101Net Income 2022: -$38,5072022Revenue 2023: $156,302Expenses 2023: $156,730Net Income 2023: -$4282023Revenue 2024: $156,575Expenses 2024: $184,840Net Income 2024: -$28,2652024

Highlighted filing

2017

Revenue$151,219
Expenses$146,889
Net Income$4,330
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$152,631
Mission and Program Overview

Mission

Arts nest exists to nurture and support emerging artists and arts professionals through creating access and opportunities for learning, connections, and visibility.

Program Services

DescriptionGrantsExpenses
ARTS NEST EXISTS TO NURTURE AND SUPPORT EMERGING ARTISTS AND ARTS PROFESSIONALS THROUGH CREATING ACCESS AND OPPORTUNITIES FOR LEARNING, CONNECTIONS, AND VISIBILITY.-$146,889
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNA PAPKETreasurerFT$18,000-$18,000
LAURA DELVENTHALPresident-$0--
SAMUEL GRABERTreasurer-$0--
ERIC COHENDirector-$0--
GAIL UPTONDirector-$0--
RACHEL PARKERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Arts Nest
EIN
47-1496714
Phone
6123772285
Address
2605 HENNEPIN AVE S, MINNEAPOLIS, MN 55408

Signing Officer

Name
Jenna Papke
Title
Treasurer
Phone
6123772285
Signed
2017-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Olson Clough & Leblanc Ltd
Address
10580 WAYZATA BLVD STE 200, MINNETONKA, MN 55305-1525
Preparer
Darren J Mcadams
Phone
9525449600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses utilities 16,276 fledgling costs 15,142 cogs - bar 13,338 box office split 10,290 cleaning services 4,562 sales tax 3,867 repairs & maintenance 3,151 licensing 2,833 credit card fees 1,778 office expenses 1,676 payroll fees 1,611 small equipment & suppli 1,342 insurance 1,244 compliance 1,100 entertainment 860 consumables, janitorial 809 marketing 427 dues & subscriptions 350 production stipends 170 meetings 168 trainings 95 community outreach 42 non-investment depreciation 496 total 81,627”

Form 990-ez, Part II, Line 24

“Building improvements 193,171 215,833 less accumulated depreciation 7,422 12,399 equipment 2,171 2,171 less accumulated depreciation 932 1,428 start up costs 4,031 4,031 less accumulated amortization 426 695 total 190,593 207,513”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 213 0”

Form 990-ez, Part III

“Arts nest exists to nurture and support emerging artists and arts professionals through creating access and opportunities for learning, connections, and visibility.”

Raw XML Appendix151 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JENNA PAPKE
IRS990EZ/BooksInCareOfDetail/PhoneNum06123772285
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02605 HENNEPIN AVE S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055408
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016337
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03534
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt04330
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/FundraisingGrossIncomeAmt01125
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0206717
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0211047
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0211047
IRS990EZ/OccupancyRentUtltsAndMaintAmt037971
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt240.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt54.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt218000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAURA DELVENTHAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SAMUEL GRABER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNA PAPKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERIC COHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GAIL UPTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RACHEL PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0190593
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0207513
IRS990EZ/OtherExpensesTotalAmt081627
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ARTS NEST EXISTS TO NURTURE AND SUPPORT EMERGING ARTISTS AND ARTS PROFESSIONALS THROUGH CREATING ACCESS AND OPPORTUNITIES FOR LEARNING, CONNECTIONS, AND VISIBILITY.
IRS990EZ/ProgramServiceRevenueAmt0117721
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ARTS NEST EXISTS TO NURTURE AND SUPPORT EMERGING ARTISTS AND ARTS PROFESSIONALS THROUGH CREATING ACCESS AND OPPORTUNITIES FOR LEARNING, CONNECTIONS, AND VISIBILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0146889
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt023836
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01412
IRS990EZ/SpecialEventsNetIncomeLossAmt0-287
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0213
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0146889
IRS990EZ/TotalProgramServiceExpensesAmt0146889
IRS990EZ/TotalRevenueAmt0151219
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ARTSNEST.ORG
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING 505
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt033785
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt023386
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0280394
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0337565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0118846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0132345
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt063296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0314487
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0505
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0505
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0652052
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0152631
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0155731
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IRS990ScheduleA/Total509Grp/TotalAmt0652052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0152631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0156236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0343690
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0652557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES UTILITIES 16,276 FLEDGLING COSTS 15,142 COGS - BAR 13,338 BOX OFFICE SPLIT 10,290 CLEANING SERVICES 4,562 SALES TAX 3,867 REPAIRS & MAINTENANCE 3,151 LICENSING 2,833 CREDIT CARD FEES 1,778 OFFICE EXPENSES 1,676 PAYROLL FEES 1,611 SMALL EQUIPMENT & SUPPLI 1,342 INSURANCE 1,244 COMPLIANCE 1,100 ENTERTAINMENT 860 CONSUMABLES, JANITORIAL 809 MARKETING 427 DUES & SUBSCRIPTIONS 350 PRODUCTION STIPENDS 170 MEETINGS 168 TRAININGS 95 COMMUNITY OUTREACH 42 NON-INVESTMENT DEPRECIATION 496 TOTAL 81,627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUILDING IMPROVEMENTS 193,171 215,833 LESS ACCUMULATED DEPRECIATION 7,422 12,399 EQUIPMENT 2,171 2,171 LESS ACCUMULATED DEPRECIATION 932 1,428 START UP COSTS 4,031 4,031 LESS ACCUMULATED AMORTIZATION 426 695 TOTAL 190,593 207,513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 213 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTS NEST EXISTS TO NURTURE AND SUPPORT EMERGING ARTISTS AND ARTS PROFESSIONALS THROUGH CREATING ACCESS AND OPPORTUNITIES FOR LEARNING, CONNECTIONS, AND VISIBILITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JENNA PAPKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06123772285
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARTS NEST
ReturnHeader/Filer/BusinessNameControlTxt0ARTS
ReturnHeader/Filer/EIN0471496714
ReturnHeader/Filer/PhoneNum06123772285
ReturnHeader/Filer/USAddress/AddressLine1Txt02605 HENNEPIN AVE S
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055408
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411681939
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OLSON CLOUGH & LEBLANC LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010580 WAYZATA BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNETONKA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0553051525
ReturnHeader/PreparerPersonGrp/PhoneNum09525449600
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DARREN J MCADAMS
ReturnHeader/ReturnTs02017-11-14T12:32:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$211,047
Liabilities
-
Net assets
$211,047
Revenue
$151,219
Expenses
$146,889
Net income
$4,330
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$0.00$2.89$1.57$1.85$0.28
2023Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$1.56$1.57$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.00$2.80$1.08$1.46$0.39
2021Summary only. Only limited summary data is available for this year.$3.17$0.01$1.49$0.66$0.82
2020Summary only. Only limited summary data is available for this year.$2.30$0.00$1.48$1.49$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.00$2.12$2.13$2.21$0.08
2018Summary only. Only limited summary data is available for this year.$2.20$0.00$1.84$1.76$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.11$2.11$1.51$1.47$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$1.56$1.67$0.11
2015Summary only. Only limited summary data is available for this year.$2.18$0.00$2.18$3.44$1.26$2.18