Civic Intelligence

The Durham Art Guild Inc

990EZ • Fiscal year 2021 • EIN 56-0798002

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 10, 2021

120 Morris StreetDurham, NC 27701-3230

(919) 560-2713

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.01x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Net Margin

56th percentile

15%

Higher net margin than 56% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$40,492

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 34.9% of source-year revenue.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Asset Growth

51st percentile

7.6%

Faster asset growth than 51% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

8.6%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$54,713

Up $3,854 (+7.6%) from 2020

Net Assets

$53,194

No earlier filing loaded for comparison.

Liabilities

Down

$1,519

Down $13,193 (-90%) from 2020

Revenue

Up

$115,913

Up $9,161 (+8.6%) from 2020

Expenses

Down

$98,866

Down $17,159 (-15%) from 2020

Net Income

Up

$17,047

Up $26,320 (+284%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $27,699Liabilities 2012: $1,2602012Assets 2013: $24,327Liabilities 2013: $1,7452013Assets 2014: $21,124Liabilities 2014: $3,0762014Assets 2015: $24,144Liabilities 2015: $2,9902015Assets 2016: $25,089Liabilities 2016: $3,6462016Assets 2017: $25,597Liabilities 2017: $1,6372017Assets 2018: $30,734Liabilities 2018: $2,0412018Assets 2019: $47,582Liabilities 2019: $2,1622019Assets 2020: $50,859Liabilities 2020: $14,7122020Assets 2021: $54,713Liabilities 2021: $1,519Net Assets 2021: $53,1942021Assets 2022: $43,210Liabilities 2022: $450Net Assets 2022: $42,7602022Assets 2023: $46,361Liabilities 2023: $11,942Net Assets 2023: $34,4192023

Highlighted filing

2021

Assets$54,713
Liabilities$1,519
Net Assets$53,194

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $53,354Expenses 2012: $78,375Net Income 2012: -$25,0212012Revenue 2013: $45,777Expenses 2013: $49,634Net Income 2013: -$3,8572013Revenue 2014: $71,995Expenses 2014: $76,529Net Income 2014: -$4,5342014Revenue 2015: $79,775Expenses 2015: $76,669Net Income 2015: $3,1062015Revenue 2016: $74,318Expenses 2016: $74,029Net Income 2016: $2892016Revenue 2017: $105,272Expenses 2017: $102,755Net Income 2017: $2,5172017Revenue 2018: $101,328Expenses 2018: $96,595Net Income 2018: $4,7332018Revenue 2019: $119,391Expenses 2019: $102,664Net Income 2019: $16,7272019Revenue 2020: $106,752Expenses 2020: $116,025Net Income 2020: -$9,2732020Revenue 2021: $115,913Expenses 2021: $98,866Net Income 2021: $17,0472021Revenue 2022: $96,661Expenses 2022: $108,711Net Income 2022: -$12,0502022Revenue 2023: $130,327Expenses 2023: $138,668Net Income 2023: -$8,3412023

Highlighted filing

2021

Revenue$115,913
Expenses$98,866
Net Income$17,047
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$116,802
Mission and Program Overview

Mission

To stimulate interest in visual arts

Program Services

DescriptionGrantsExpenses
Operated galleries with an emphasis on regional artists; organized art exhibitions and programs designed to provide Guild members and other artists more exposure of their work.-$81,627
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katie SeizExecutive DirectorFT$38,250$2,242$40,492
Eric RichardsonPresident-$0--
Jessica SheppardDirector-$0--
William Paul ThomasDirector-$0--
Catherine FeilerDirector-$0--
Nelle DunlapDirector-$0--
Natasha WalkerDirector-$0--
Muriel TissonierDirector-$0--
Christopher CharlesDirector-$0--
Nadjib AssaniDirector-$0--
Whitney StanleyVice President-$0--
Craig CutrightTreasurer-$0--
Christine HeubuschSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$25,073$1,615$724$891
Total Events$25,073$1,615$889$726
Filing and Contact Details

Filer

Filer Name
The Durham Art Guild Inc
EIN
56-0798002
Address
120 Morris Street, Durham, NC 27701-3230

Signing Officer

Name
Katie Seiz
Title
Executive Direc
Phone
9195602713
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Mark S Danes CPA PLLC
Address
5512 Frenchmans Creek Drive, Durham, NC 27713
Preparer
Mark Danes
Phone
9194521999
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Art Shows and Relief Grantee Various Relationship none Amount 1,400

Description of other expenses Part I line 16

Description AmountConsignment expense 4,474Insurance 2,018Supplies 617Conferences & Workshops 725Bank fees 4,529Miscellaneous expense 111

Description of other assets Part II line 24

Category Beginning of Year End of YearSecurity deposit 1,475 1,475Inventory 14,300 14,300Prepaid expenses 300 300Other depreciable assets 5,817 4,280

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts payable 2,047 1,401Payroll withholdings 1,165 118PPP loan 11,500 0

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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/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Durham Art Guild Inc
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ReturnHeader/Filer/EIN0560798002
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ReturnHeader/ReturnTs02021-11-11T19:32:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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