Civic Intelligence

The Arts' Nest

990EZ • Fiscal year 2018 • EIN 47-1496714

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 02, 2018

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$30,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.2%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Flat

$219,873

Flat from 2018

Net Assets

$219,873

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$184,497

Flat from 2018

Expenses

Flat

$175,673

Flat from 2018

Net Income

Flat

$8,824

Flat from 2018

Historical Trend

Balance Sheet Trend

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: $219,873Net Assets 2018: $219,8732018Assets 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

2018

Assets$219,873
Liabilities-
Net Assets$219,873

Operations Trend

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 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

2018

Revenue$184,497
Expenses$175,673
Net Income$8,824
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 2, 2018
Return Version
2017v2.3
Gross Receipts
$186,457
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.-$156,072
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNA PAPKETreasurerPT$30,000-$30,000
LAURA DELVENTHALPresident-$0--
SAMUEL GRABERTreasurer-$0--
ERIC COHENDirector-$0--
ALAYNA BARNESDirector-$0--
RACHEL PARKERDirector-$0--
Filing and Contact Details

Filer

Filer Name
THE 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
2018-10-02
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 box office split 30,751 cogs - bar 18,822 utilities 16,069 sales tax 5,288 fledgling costs 4,837 insurance 4,970 repairs & maintenance 4,390 licensing 2,833 contract services 2,522 office expense 2,095 payroll fees 1,912 credit card fees 1,407 entertainment 1,364 small equipment & suppli 1,314 rights 1,200 consumables, janitorial 1,044 compliance 619 trainings 564 production stipends 410 dues & subscriptions 375 cleaning services 316 meetings 98 production cost 60 fiscal sponsor costs 59 marketing 47 non-investment depreciation 297 total 103,663

Form 990-ez, Part II, Line 24

Building improvements 215,833 218,004 less accumulated depreciation 12,399 19,658 equipment 2,171 0 less accumulated depreciation 1,428 0 start up costs 4,031 4,031 less accumulated amortization 695 964 total 207,513 201,413

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 Appendix157 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BOX OFFICE SPLIT 30,751 COGS - BAR 18,822 UTILITIES 16,069 SALES TAX 5,288 FLEDGLING COSTS 4,837 INSURANCE 4,970 REPAIRS & MAINTENANCE 4,390 LICENSING 2,833 CONTRACT SERVICES 2,522 OFFICE EXPENSE 2,095 PAYROLL FEES 1,912 CREDIT CARD FEES 1,407 ENTERTAINMENT 1,364 SMALL EQUIPMENT & SUPPLI 1,314 RIGHTS 1,200 CONSUMABLES, JANITORIAL 1,044 COMPLIANCE 619 TRAININGS 564 PRODUCTION STIPENDS 410 DUES & SUBSCRIPTIONS 375 CLEANING SERVICES 316 MEETINGS 98 PRODUCTION COST 60 FISCAL SPONSOR COSTS 59 MARKETING 47 NON-INVESTMENT DEPRECIATION 297 TOTAL 103,663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUILDING IMPROVEMENTS 215,833 218,004 LESS ACCUMULATED DEPRECIATION 12,399 19,658 EQUIPMENT 2,171 0 LESS ACCUMULATED DEPRECIATION 1,428 0 START UP COSTS 4,031 4,031 LESS ACCUMULATED AMORTIZATION 695 964 TOTAL 207,513 201,413
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTS NEST EXISTS TO NURTURE AND SUPPORT EMERGING ARTISTS AND ARTS PROFESSIONALS THROUGH CREATING ACCESS AND OPPORTUNITIES FOR LEARNING, CONNECTIONS, AND VISIBILITY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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Filings