Civic Intelligence

Performing Arts Journal Inc.

990EZ • Fiscal year 2018 • EIN 51-0195604

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 05, 2018

Box 532 Village StationNew York, NY 10014-0532

(212) 243-3885

Siviq Scores

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

Liabilities / Assets

64th percentile

0.04x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.06x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Net Margin

39th percentile

-1.0%

Higher net margin than 39% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Top Officer Pay

94th percentile

$49,040

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 67.7% of source-year revenue.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Asset Growth

50th percentile

1.9%

Faster asset growth than 50% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.2%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$132,565

Up $2,428 (+1.9%) from 2017

Net Assets

Up

$127,864

Up $2,927 (+2.3%) from 2017

Liabilities

Down

$4,701

Down $499 (-9.6%) from 2017

Revenue

Up

$72,432

Up $4,892 (+7.2%) from 2017

Expenses

Down

$73,186

Down $1,251 (-1.7%) from 2017

Net Income

Up

-$754

Up $6,143 (+89%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $182,495Liabilities 2012: $6,875Net Assets 2012: $175,6202012Assets 2013: $159,021Liabilities 2013: $600Net Assets 2013: $158,4212013Assets 2014: $163,031Liabilities 2014: $1,775Net Assets 2014: $161,2562014Assets 2015: $161,479Liabilities 2015: $2,036Net Assets 2015: $159,4432015Assets 2016: $127,813Liabilities 2016: $563Net Assets 2016: $127,2502016Assets 2017: $130,137Liabilities 2017: $5,200Net Assets 2017: $124,9372017Assets 2018: $132,565Liabilities 2018: $4,701Net Assets 2018: $127,8642018Assets 2019: $127,126Liabilities 2019: $5,175Net Assets 2019: $121,9512019Assets 2020: $114,535Liabilities 2020: $4,039Net Assets 2020: $110,4962020Assets 2021: $91,431Liabilities 2021: $15,629Net Assets 2021: $75,8022021Assets 2022: $83,093Liabilities 2022: $7,758Net Assets 2022: $75,3352022Assets 2023: $119,410Liabilities 2023: $11,069Net Assets 2023: $108,3412023Assets 2024: $95,307Liabilities 2024: $5,569Net Assets 2024: $89,7382024

Highlighted filing

2018

Assets$132,565
Liabilities$4,701
Net Assets$127,864

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2012: $99,0712012Expenses 2013: $108,2872013Revenue 2014: $116,940Expenses 2014: $114,105Net Income 2014: $2,8352014Revenue 2015: $82,844Expenses 2015: $86,573Net Income 2015: -$3,7292015Revenue 2016: $57,259Expenses 2016: $87,502Net Income 2016: -$30,2432016Revenue 2017: $67,540Expenses 2017: $74,437Net Income 2017: -$6,8972017Revenue 2018: $72,432Expenses 2018: $73,186Net Income 2018: -$7542018Revenue 2019: $67,521Expenses 2019: $75,078Net Income 2019: -$7,5572019Revenue 2020: $61,706Expenses 2020: $70,876Net Income 2020: -$9,1702020Revenue 2021: $24,068Expenses 2021: $68,047Net Income 2021: -$43,9792021Revenue 2022: $64,806Expenses 2022: $68,177Net Income 2022: -$3,3712022Revenue 2023: $108,050Expenses 2023: $71,545Net Income 2023: $36,5052023Revenue 2024: $48,645Expenses 2024: $72,165Net Income 2024: -$23,5202024

Highlighted filing

2018

Revenue$72,432
Expenses$73,186
Net Income-$754
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 5, 2018
Return Version
2017v2.3
Gross Receipts
$91,631
Mission and Program Overview

Mission

Publication and sale of books and journals on the performing arts

Program Services

DescriptionGrantsExpenses
PUBLICATION AND SALE OF BOOKS AND JOURNALS ON THE PERFORMING ARTS$10,000$92,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BONNIE MARRANCASecretaryPT$47,500$1,540$49,040
CLAIRE MONTGOMERYPresident-$0--
SUSAN QUASHATreasurer-$0--
JOHN JESURUNBoard Member-$0--
CLAIRE MACDONALDBoard Member-$0--
ROBERT WILSONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Performing Arts Journal Inc
EIN
51-0195604
Phone
2122433885
Address
BOX 532 VILLAGE STATION, NEW YORK, NY 10014-0532

Signing Officer

Name
Bonnie Marranca
Title
Secretary
Phone
2122433885
Signed
2018-10-05
Discuss with paid preparer
Yes

Preparer

Firm
PASSIKOFF & SCOTT CPA'S
Address
21 DAVIS AVENUE, POUGHKEEPSIE, NY 12603-2416
Preparer
James F Passikoff CPA
Phone
8454545550
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: dividend income. Amount: 1,026.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 26,897. Returns and allowances: 0. Less cost of goods sold: 19,199. Gross profit: 7,698. Cost of goods sold: inventory at beginning of year: 69,300. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 0. Other costs: 15,348. Inventory at end of year: 65,449. Cost of goods sold: 19,199.

Form 990-ez, Part I, Line 7B - Other Costs

Description: purchases for resale. Amount: 3,167. Description: publishing expenses. Amount: 12,181. Total included on form 990-ez, part i, line 7b: 15,348.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: royalties and fees. Amount: 6,428. Description: journal mit stipend. Amount: 42,000. Description: chase rewards redemption. Amount: 78. Total to form 990-ez, line 8: 48,506.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 673. Description: dues, subscriptions & books. Amount: 1,424. Description: fees. Amount: 120. Description: office expense. Amount: 2,653. Description: entertainment. Amount: 1,565. Description: insurance. Amount: 900. Description: travel expense. Amount: 2,108. Description: donations. Amount: 250. Total to form 990-ez, line 16: 9,693.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: changes in market value. Amount: 3,681.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventories for sale or use. Beg. Of year amount: 69,300. End of year amount: 65,449. Description: accounts receivable. Beg. Of year amount: 14,000. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: payroll taxes payable. Beg. Of year amount: 1,811. End of year amount: 755. Description: accounts payable. Beg. Of year amount: 3,389. End of year amount: 3,567. Description: simple ira payable. Beg. Of year amount: 0. End of year amount: 379.

Raw XML Appendix225 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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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/WebsiteAddressTxt0WWW.MITPRESSJOURNALS.ORG/PAJ
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME. AMOUNT: 1,026.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 26,897. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 19,199. GROSS PROFIT: 7,698. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 69,300. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 15,348. INVENTORY AT END OF YEAR: 65,449. COST OF GOODS SOLD: 19,199.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PURCHASES FOR RESALE. AMOUNT: 3,167. DESCRIPTION: PUBLISHING EXPENSES. AMOUNT: 12,181. TOTAL INCLUDED ON FORM 990-EZ, PART I, LINE 7B: 15,348.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ROYALTIES AND FEES. AMOUNT: 6,428. DESCRIPTION: JOURNAL MIT STIPEND. AMOUNT: 42,000. DESCRIPTION: CHASE REWARDS REDEMPTION. AMOUNT: 78. TOTAL TO FORM 990-EZ, LINE 8: 48,506.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ADVERTISING. AMOUNT: 673. DESCRIPTION: DUES, SUBSCRIPTIONS & BOOKS. AMOUNT: 1,424. DESCRIPTION: FEES. AMOUNT: 120. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,653. DESCRIPTION: ENTERTAINMENT. AMOUNT: 1,565. DESCRIPTION: INSURANCE. AMOUNT: 900. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 2,108. DESCRIPTION: DONATIONS. AMOUNT: 250. TOTAL TO FORM 990-EZ, LINE 16: 9,693.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: CHANGES IN MARKET VALUE. AMOUNT: 3,681.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: INVENTORIES FOR SALE OR USE. BEG. OF YEAR AMOUNT: 69,300. END OF YEAR AMOUNT: 65,449. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 14,000. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION: PAYROLL TAXES PAYABLE. BEG. OF YEAR AMOUNT: 1,811. END OF YEAR AMOUNT: 755. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,389. END OF YEAR AMOUNT: 3,567. DESCRIPTION: SIMPLE IRA PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 379.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 7B - OTHER COSTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERFORMING ARTS JOURNAL INC
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ReturnHeader/FilingSecurityInformation/IPTm014:29:04
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PASSIKOFF & SCOTT CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 DAVIS AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0POUGHKEEPSIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0126032416
ReturnHeader/PreparerPersonGrp/PhoneNum08454545550
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES F PASSIKOFF CPA
ReturnHeader/ReturnTs02018-10-15T12:02:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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