Civic Intelligence

Inside Out Studio Inc.

990 • Fiscal year 2020 • EIN 47-5168119

Jan 01, 2020 to Dec 31, 2020 • Filed on May 04, 2021

Organization ProfileINSIDEOUTSTUDIO.ORG
309 Rhett AveHuntsville, AL 35801

(256) 714-9348

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

66th percentile

17%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

88th percentile

$36,300

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 51.3% of source-year revenue.

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

Asset Growth

99th percentile

1519%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

72nd percentile

8.1%

Faster revenue growth than 72% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$12,625

Up $11,845 (+1519%) from 2019

Net Assets

Up

$12,625

Up $11,845 (+1519%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin66th percentile

Revenue

Up

$70,802

Up $5,331 (+8.1%) from 2019

Expenses

Down

$58,957

Down $4,781 (-7.5%) from 2019

Net Income

Up

$11,845

Up $10,112 (+583%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$60K$40K$20K$0-$20KAssets 2018: -$10Liabilities 2018: $943Net Assets 2018: -$9532018Assets 2019: $780Liabilities 2019: $0Net Assets 2019: $7802019Assets 2020: $12,625Liabilities 2020: $0Net Assets 2020: $12,6252020Assets 2021: $31,107Liabilities 2021: $0Net Assets 2021: $31,1072021Assets 2022: $5,948Liabilities 2022: $0Net Assets 2022: $5,9482022Assets 2024: $53,522Liabilities 2024: $0Net Assets 2024: $53,5222024

Highlighted filing

2020

Assets$12,625
Liabilities$0
Net Assets$12,625
Open 2020 Filing

Operations Trend

Revenue Growth72nd percentile

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

$150K$100K$50K$0-$50KRevenue 2018: $61,867Expenses 2018: $44,939Net Income 2018: $16,9282018Revenue 2019: $65,471Expenses 2019: $63,738Net Income 2019: $1,7332019Revenue 2020: $70,802Expenses 2020: $58,957Net Income 2020: $11,8452020Revenue 2021: $100,389Expenses 2021: $75,564Net Income 2021: $24,8252021Revenue 2022: $50,914Expenses 2022: $72,501Net Income 2022: -$21,5872022Revenue 2024: $85,887Expenses 2024: $46,900Net Income 2024: $38,9872024

Highlighted filing

2020

Revenue$70,802
Expenses$58,957
Net Income$11,845
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 4, 2021
Return Version
2020v4.0
Gross Receipts
$70,802
Mission and Program Overview

Mission

Insideout studio is a fully equipped visual arts space dedicated to providing opportunities for adults with disabilities to create and sell fine art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$140$11,282▲ $11,142
Other Notes and Loans Receivable, Net$640$1,343▲ $703
Total Assets$780$12,625▲ $11,845
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$780$12,625▲ $11,845
Total Net Assets Fund Balance$780$12,625▲ $11,845
Total Liabilities and Net Assets / Fund Balance$780$12,625▲ $11,845
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sherry BroylesDirectorPT$36,300$36,300
Revenue and Support

Revenue Composition

Contributions and Grants
$70,802
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$11,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$57,191--$57,191
Advertising$915--$915
Fees for Services Accounting$500--$500
Office Expenses$351--$351
Total Functional Expenses$58,957$0$0$58,957
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Inside Out Studio Inc
EIN
47-5168119
Phone
2567149348
Address
309 RHETT AVE, HUNTSVILLE, AL 35801

Signing Officer

Name
Sherry Broyles
Title
Director
Phone
2567149348
Signed
2021-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Broyles
Legal Domicile
Al
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Amy M Uptain CPA Pc
Address
11570 MEMORIAL PKWY SW STE A, HUNTSVILLE, AL 35803-2191
Preparer
Stephanie Denney
Phone
2568822929
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Art studio for adults with disabilities”

Form 990, Part IX, Line 11G

“Contract labor 43,295 0 0 artist pay 226 0 0 rent 9,830 0 0 repairs and maintenance 245 0 0 supplies 3,093 0 0 telephone 435 0 0 donation 25 0 0 meals 42 0 0 total 57,191 0 0”

Raw XML Appendix230 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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IRS990/BooksInCareOfDetail/PhoneNum02567149348
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IRS990/GoverningBodyVotingMembersCnt00
IRS990/GovernmentGrantsAmt070802
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt070802
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt00
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0INSIDEOUT STUDIO IS A FULLY EQUIPPED VISUAL ARTS SPACE DEDICATED TO PROVIDING OPPORTUNITIES FOR ADULTS WITH DISABILITIES TO CREATE AND SELL FINE ART.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0780
IRS990/NetAssetsOrFundBalancesEOYAmt012625
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0780
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0351
IRS990/OfficeExpensesGrp/TotalAmt0351
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0640
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherExpensesAmt063738
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IRS990/ReconcilationRevenueExpnssAmt011845
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070802
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt061867
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070802
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ART STUDIO FOR ADULTS WITH DISABILITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02567149348
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-04
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ReturnHeader/Filer/EIN0475168119
ReturnHeader/Filer/PhoneNum02567149348
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0358032191
ReturnHeader/PreparerPersonGrp/PhoneNum02568822929
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANIE DENNEY
ReturnHeader/ReturnTs02021-05-07T17:19:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BROYLES
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,625
Liabilities
$0
Net assets
$12,625
Revenue
$70,802
Expenses
$58,957
Net income
$11,845
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.86$0.47$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.51$0.73$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$1.00$0.76$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.71$0.59$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.65$0.64$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.01$0.01$0.62$0.45$0.17