Civic Intelligence

The Jewish Studio Project

990 • Fiscal year 2021 • EIN 47-3438631

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 19, 2022

940 Dwight Way 13BBerkeley, CA 94710

(617) 335-9421

Siviq Scores

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

Liabilities / Assets

55th percentile

0.04x

Higher debt load relative to assets than 55% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

46th percentile

0.02x

Higher debt load relative to revenue than 46% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

46th percentile

9.8%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$104,315

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

37th percentile

3.4%

Faster asset growth than 37% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

49th percentile

12%

Faster revenue growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$388,085

Up $12,756 (+3.4%) from 2020

Net Assets

Up

$372,555

Up $80,607 (+28%) from 2020

Liabilities

Down

$15,530

Down $67,851 (-81%) from 2020

Revenue

Up

$823,243

Up $87,388 (+12%) from 2020

Expenses

Up

$742,636

Up $119,955 (+19%) from 2020

Net Income

Down

$80,607

Down $32,567 (-29%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2016: $104,883Liabilities 2016: $42,787Net Assets 2016: $62,0962016Assets 2017: $108,873Liabilities 2017: $42,496Net Assets 2017: $66,3772017Assets 2018: $118,845Liabilities 2018: $21,388Net Assets 2018: $97,4572018Assets 2019: $200,744Liabilities 2019: $21,970Net Assets 2019: $178,7742019Assets 2020: $375,329Liabilities 2020: $83,381Net Assets 2020: $291,9482020Assets 2021: $388,085Liabilities 2021: $15,530Net Assets 2021: $372,5552021Assets 2022: $651,754Liabilities 2022: $19,216Net Assets 2022: $632,5382022Assets 2023: $968,387Liabilities 2023: $41,318Net Assets 2023: $927,0692023Assets 2024: $864,004Liabilities 2024: $15,375Net Assets 2024: $848,6292024

Highlighted filing

2021

Assets$388,085
Liabilities$15,530
Net Assets$372,555

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $157,713Expenses 2016: $123,884Net Income 2016: $33,8292016Revenue 2017: $276,956Expenses 2017: $272,675Net Income 2017: $4,2812017Revenue 2018: $405,668Expenses 2018: $372,078Net Income 2018: $33,5902018Revenue 2019: $639,261Expenses 2019: $557,944Net Income 2019: $81,3172019Revenue 2020: $735,855Expenses 2020: $622,681Net Income 2020: $113,1742020Revenue 2021: $823,243Expenses 2021: $742,636Net Income 2021: $80,6072021Revenue 2022: $1,217,377Expenses 2022: $957,394Net Income 2022: $259,9832022Revenue 2023: $1,714,810Expenses 2023: $1,420,279Net Income 2023: $294,5312023Revenue 2024: $1,630,932Expenses 2024: $1,709,372Net Income 2024: -$78,4402024

Highlighted filing

2021

Revenue$823,243
Expenses$742,636
Net Income$80,607
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 19, 2022
Return Version
2021v4.0
Gross Receipts
$823,243
Mission and Program Overview

Mission

The Corporation was formed for the purpose of (a) promoting the practices of Judaism as a means of self-discovery and growth; (b) deepening individuals' connections to religious and spiritual practices through a new learning methodology that combines traditional Jewish learning with exploration through the creative arts; (c) organizing retreats, fellowships, and other group activities that provide individuals with the opportunity to study and then enhance their learning experience through hands on engagement with the creative arts; (d) promoting the inherent creativity in every individual through group study and community events and activities; and (e) contributing to Judaism's ongoing relevance and vibrancy.

The Corporation was formed for the purpose of (a) promoting the practices of Judaism as a means of self-discovery and growth;continued on Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$370,759$255,799▼ $114,960
Savings and Temporary Cash Investments-$100,037-
Accounts Receivable$1,600$24,774▲ $23,174
Pledges and Grants Receivable$2,970$5,200▲ $2,230
Prepaid Expenses and Deferred Charges-$2,275-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$375,329$388,085▲ $12,756
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$77,296--
Accounts Payable and Accrued Expenses$6,085$15,530▲ $9,445
Total Liabilities$83,381$15,530▼ $67,851
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$285,948$366,555▲ $80,607
Net Assets With Donor Restrictions$6,000$6,000→ $0
Total Net Assets Fund Balance$291,948$372,555▲ $80,607
Total Liabilities and Net Assets / Fund Balance$375,329$388,085▲ $12,756
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey KasowitzExecutive DirectorFT$91,800$12,515$104,315
Rabbi Adina AllenCreative DirectorFT$91,800$10,351$102,151
Becky SilversteinChair-$750-$750

Board Members and Trustees

NameTitle
Amy BornDirector
Becky JosephDirector
Carrie EndriesDirector
Gabe CraneDirector
Seth LindenDirector
Susan BerrinDirector
Becca BloomfieldSecretary
Jeff Gan LevyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$736,697
Program Service Revenue
$85,835
Investment Income
$494
Other Revenue
$217
All Other Contributions
$582,163
Change in Net Assets
$80,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$516,073
Other Expenses$226,563
Total Fundraising Expense$127,569
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$163,541$30,711$55,909$250,161
Current Officers, Directors, Trustees, and Key Employees$83,370$59,670$41,310$184,350
Other Employee Benefits$27,005$9,915$10,665$47,585
Payroll Taxes$19,336$6,995$7,646$33,977
Occupancy$19,200$5,250$1,200$25,650
Other Expenses$7,287$2,675$2,878$12,840
Fees for Services Accounting-$12,545-$12,545
Information Technology$2,185$10,324-$12,509
Office Expenses$3,744$6,236$1,200$11,180
Advertising$5,157--$5,157
Insurance$2,829$1,039$1,117$4,985
All Other Expenses$209$484$2,634$3,327
Travel$499$604-$1,103
Conferences and Meetings-$50-$50
Total Functional Expenses$450,288$164,779$127,569$742,636
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeffrey KasowitzExecutive Direc.Comp. and BenefitsNo$104,315
Rabbi Adina AllenCreative Direc.Comp. and BenefitsNo$102,151

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Jeffrey kasowitz and rabbi adina allen are spouses.

Form 990, Part VI, Line 11B: Form 990 Review Process

Each year the 990 will be reviewed by the Executive Director, Treasurer, and Board Chair.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A. Duty to Disclose. In connection with any actual or possible conflict of interest, a director, officer, committee member, employee or independent contractor must immediately disclose in writing the existence and nature of their/her/his financial interest to the Board of The Jewish Studio Project and/or members of any The Jewish Studio Project committee considering the proposed transaction or arrangement. B. Determining Whether a Conflict of Interest Exists. After disclosure of a possible Covered Arrangement, the Related Party must leave the Board or committee meeting in which the transaction is discussed. Related Parties are not allowed to participate actively or aggressively as advocates on behalf of the Covered Transaction either formally at Board or committee meetings or informally through private contact, communication, and discussion. The remaining Board or committee members shall decide if a conflict of interest exists. C. Procedures to Address a Conflict of Interest. The following procedure shall be taken: 1. The Chair of The Jewish Studio Projects Board shall, if appropriate, appoint a disinterested person or committee of disinterested directors to investigate alternatives to the Covered Arrangement. 2. The Board or committee shall exercise due diligence by using comparable market data among other objective tests, if available, to determine whether The Jewish Studio Project can obtain a more advantageous arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. 3. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested directors whether the Covered Arrangement is in The Jewish Studio Projects best interest and for its own benefit and whether the transaction is fair and reasonable to The Jewish Studio Project and shall make its decision as to whether to enter into the Covered Arrangement. 4. The Board or committee must determine whether the Covered Arrangement is material to the financial, reputational or other interests of The Jewish Studio Project. If a committee is the body which determines that the Covered Arrangement is material, then it must promptly notify the Board of this determination and may condition its approval, if any, of the Covered Arrangement upon the further review, input or approval of the Board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board makes executive compensation decisions in the context of current and expected overall earned income and fundraising each year, while also bearing in mind compensation comparisons from similar sized organizations in similar geographic areas. The board makes these decisions in Executive Session, removing senior staff leadership from the meeting, and voting while staff leadership is not present.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All publicly available documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Jewish Studio Project
EIN
47-3438631
Phone
6173359421
Address
940 DWIGHT WAY 13B, BERKELEY, CA 94710

Signing Officer

Name
Jeffrey Kasowitz
Title
Executive Director
Signed
2022-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Kasowitz
Formed
2015
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
9
Employees
7
Volunteers
15

Preparer

Firm
Doran & Associates
Address
70 MITCHELL BLVD Ste 102, San Rafael, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

Part I, Line 1 and Part III, Line 1

Continued from Pages 1 and 2 (b) deepening individuals' connections to religious and spiritual practices through a new learning methodology that combines traditional Jewish learning with exploration through the creative arts; (c) organizing retreats, fellowships, and other group activities that provide individuals with the opportunity to study and then enhance their learning experience through hands on engagement with the creative arts; (d) promoting the inherent creativity in every individual through group study and community events and activities; and (e) contributing to Judaism's ongoing relevance and vibrancy.

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IRS990/OtherExpensesGrp/Desc1PROGRAM AND EDUCATOR CONSULT.
IRS990/OtherExpensesGrp/Desc2PROGRAMMING AND PROF. DEV. EXP
IRS990/OtherExpensesGrp/Desc3COMPUTERS AND NON CAP EQUIP.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RABBI ADINA ALLEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JEFFREY KASOWITZ
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CREATIVE DIREC.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1EXECUTIVE DIREC.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0102151
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1104315
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMP. AND BENEFITS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1COMP. AND BENEFITS
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND CREATIVE DIRECTOR ARE SPOUSES.

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