Civic Intelligence

Side by Side Studio Inc

990 • Fiscal year 2022 • EIN 47-1843740

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 15, 2023

2528 Frankfort AvenueLouisville, KY 40206

(502) 822-3693

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.16x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$42,796

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

92nd percentile

109%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

54%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$179,701

Up $93,643 (+109%) from 2021

Net Assets

Up

$150,110

Up $86,820 (+137%) from 2021

Liabilities

Up

$29,591

Up $6,823 (+30%) from 2021

Revenue

Up

$255,091

Up $89,139 (+54%) from 2021

Expenses

Up

$168,271

Up $28,758 (+21%) from 2021

Net Income

Up

$86,820

Up $60,381 (+228%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $22,138Liabilities 2017: $8,434Net Assets 2017: $13,7042017Assets 2018: $39,609Liabilities 2018: $553Net Assets 2018: $39,0562018Assets 2019: $59,761Liabilities 2019: $4,688Net Assets 2019: $55,0732019Assets 2020: $59,752Liabilities 2020: $22,901Net Assets 2020: $36,8512020Assets 2021: $86,058Liabilities 2021: $22,768Net Assets 2021: $63,2902021Assets 2022: $179,701Liabilities 2022: $29,591Net Assets 2022: $150,1102022Assets 2023: $130,493Liabilities 2023: $25,822Net Assets 2023: $104,6712023Assets 2024: $107,904Liabilities 2024: $19,516Net Assets 2024: $88,3882024Assets 2025: $137,761Liabilities 2025: $35,956Net Assets 2025: $101,8052025

Highlighted filing

2022

Assets$179,701
Liabilities$29,591
Net Assets$150,110

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $122,937Expenses 2017: $115,737Net Income 2017: $7,2002017Revenue 2018: $156,431Expenses 2018: $135,065Net Income 2018: $21,3662018Revenue 2019: $159,546Expenses 2019: $143,529Net Income 2019: $16,0172019Revenue 2020: $112,957Expenses 2020: $131,179Net Income 2020: -$18,2222020Revenue 2021: $165,952Expenses 2021: $139,513Net Income 2021: $26,4392021Revenue 2022: $255,091Expenses 2022: $168,271Net Income 2022: $86,8202022Revenue 2023: $160,742Expenses 2023: $206,181Net Income 2023: -$45,4392023Revenue 2024: $211,784Expenses 2024: $228,063Net Income 2024: -$16,2792024Revenue 2025: $207,268Expenses 2025: $193,851Net Income 2025: $13,4172025

Highlighted filing

2022

Revenue$255,091
Expenses$168,271
Net Income$86,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 15, 2023
Return Version
2022v5.0
Gross Receipts
$255,091
Mission and Program Overview

Mission

To provide enrichment to the lives of the community by having a studio open and outreach programs actively working with youth and families in Louisville communities to promote joyful learning, compassion, peace, and education and youth advocacy through the vehicle of art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$63,290$150,110▲ $86,820
Cash and Non-Interest-Bearing Accounts$83,848$135,942▲ $52,094
Land, Buildings, and Equipment, Net$2,210$43,759▲ $41,549
Total Assets$86,058$179,701▲ $93,643
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,000$29,809▲ $7,809
Accounts Payable and Accrued Expenses$768$-218▼ $986
Total Liabilities$22,768$29,591▲ $6,823
Net Assets / Fund Balance
Total Net Assets Fund Balance$63,290$150,110▲ $86,820
Total Liabilities and Net Assets / Fund Balance$86,058$179,701▲ $93,643

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,759$9,762$53,521
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim Frazier-PirogExecutive DirectorFT$42,796$42,796

Board Members and Trustees

NameTitle
Amy EarhartPresident
Jane ParkerVice President
Kyle CampbellDirector
Stephanie SturgeonDirector
Cindy FrazierSecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$165,256
Program Service Revenue
$89,737
Investment Income
$98
Other Revenue
$0
All Other Contributions
$143,256
Change in Net Assets
$86,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$113,352
Other Expenses$54,919
Total Fundraising Expense$4,647
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,810$4,261$4,261$105,332
Insurance$8,804--$8,804
Payroll Taxes$7,430$288$302$8,020
All Other Expenses$2,484$3,636$78$6,198
Depreciation Depletion$5,858--$5,858
Travel$5,172$1-$5,173
Information Technology$3,061$647-$3,708
Fees for Services Legal$1,484$1,845-$3,329
Conferences and Meetings$2,214--$2,214
Other Expenses$1,732--$1,732
Fees for Services Accounting-$1,578-$1,578
Occupancy$866--$866
Interest$114$485-$599
Advertising$229--$229
Office Expenses-$145$6$151
Total Functional Expenses$150,738$12,886$4,647$168,271
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
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
No
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 governing body review Part VI line 11

The officers of the board review the Form 990 prior to its filing.

Conflict of interest policy compliance Part VI line 12C

The organization regularly reviews the operations for conflicts of interest.

CEO executive director top management comp Part VI line 15A

The executive directors salary is reviewed by the board using comparable information from similar organizations.

Governing documents etc available to public Part VI line 19

Documents made available upon request.

Filing and Contact Details

Filer

Filer Name
Side by Side Studio Inc
EIN
47-1843740
Address
2528 Frankfort Avenue, Louisville, KY 40206

Signing Officer

Name
Kim Frazier-Pirog
Title
Director
Phone
5028223693
Signed
2023-03-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Amy Earhart
Formed
2014
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
6

Preparer

Firm
Timothy J Darst CPA LLC
Address
1534 Quadrant Avenue, Louisville, KY 40205
Preparer
Timothy J Darst
Phone
5024598708
Supplemental Narrative

Additional Explanations

General explanation attachment

To provide enrichment to the lives of the community by having a studio open and outreach programs actively working with youth and families in Louisville communities to promote joyful learning, compassion, peace, and education and youth advocacy through the vehicle of art.

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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/ExplanationTxt0The officers of the board review the Form 990 prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization regularly reviews the operations for conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The executive directors salary is reviewed by the board using comparable information from similar organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4To provide enrichment to the lives of the community by having a studio open and outreach programs actively working with youth and families in Louisville communities to promote joyful learning, compassion, peace, and education and youth advocacy through the vehicle of art.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4General explanation attachment
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IRS990/WebsiteAddressTxt0www.sidebysidestudio.com
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Kim Frazier-Pirog
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05028223693
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Side by Side Studio Inc
ReturnHeader/Filer/BusinessNameControlTxt0SIDE
ReturnHeader/Filer/EIN0471843740
ReturnHeader/Filer/USAddress/AddressLine1Txt02528 Frankfort Avenue
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Timothy J Darst CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01534 Quadrant Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040205
ReturnHeader/PreparerPersonGrp/PhoneNum05024598708
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy J Darst
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ReturnHeader/ReturnTs02023-04-26T21:53:51-04:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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