Civic Intelligence

Stanly Arts Guild

990EZ • Fiscal year 2021 • EIN 56-1344302

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 22, 2021

330-c N Second StreetAlbemarle, NC 28001

(704) 983-4278

Siviq Scores

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

Liabilities / Assets

57th percentile

0.01x

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

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

Liabilities / Revenue

54th percentile

0.01x

Higher debt load relative to revenue than 54% of similar nonprofits.

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

Net Margin

75th percentile

35%

Higher net margin than 75% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

91st percentile

157%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

82nd percentile

100%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Up

$27,434

Up $16,745 (+157%) from 2020

Net Assets

$27,164

No earlier filing loaded for comparison.

Liabilities

Up

$270

Up $227 (+528%) from 2020

Revenue

Up

$46,673

Up $23,344 (+100%) from 2020

Expenses

Up

$30,155

Up $4,597 (+18%) from 2020

Net Income

Up

$16,518

Up $18,747 (+841%) 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 2011: $50,411Liabilities 2011: $3382011Assets 2012: $18,742Liabilities 2012: $3262012Assets 2013: $23,582Liabilities 2013: $3212013Assets 2014: $21,360Liabilities 2014: $3282014Assets 2015: $19,751Liabilities 2015: $2632015Assets 2016: $19,222Liabilities 2016: $3692016Assets 2017: $19,584Liabilities 2017: $3372017Assets 2018: $19,776Liabilities 2018: $4492018Assets 2019: $13,286Liabilities 2019: $4112019Assets 2020: $10,689Liabilities 2020: $432020Assets 2021: $27,434Liabilities 2021: $270Net Assets 2021: $27,1642021Assets 2022: $19,152Liabilities 2022: $307Net Assets 2022: $18,8452022Assets 2023: $23,109Liabilities 2023: $242Net Assets 2023: $22,8672023

Highlighted filing

2021

Assets$27,434
Liabilities$270
Net Assets$27,164

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $20,404Expenses 2011: $18,190Net Income 2011: $2,2142011Revenue 2012: $34,238Expenses 2012: $29,699Net Income 2012: $4,5392012Revenue 2013: $28,345Expenses 2013: $23,500Net Income 2013: $4,8452013Revenue 2014: $24,962Expenses 2014: $27,191Net Income 2014: -$2,2292014Revenue 2015: $29,916Expenses 2015: $31,460Net Income 2015: -$1,5442015Revenue 2016: $28,507Expenses 2016: $29,142Net Income 2016: -$6352016Revenue 2017: $30,185Expenses 2017: $29,791Net Income 2017: $3942017Revenue 2018: $34,418Expenses 2018: $34,338Net Income 2018: $802018Revenue 2019: $17,828Expenses 2019: $24,280Net Income 2019: -$6,4522019Revenue 2020: $23,329Expenses 2020: $25,558Net Income 2020: -$2,2292020Revenue 2021: $46,673Expenses 2021: $30,155Net Income 2021: $16,5182021Revenue 2022: $30,861Expenses 2022: $39,180Net Income 2022: -$8,3192022Revenue 2023: $30,121Expenses 2023: $26,100Net Income 2023: $4,0212023

Highlighted filing

2021

Revenue$46,673
Expenses$30,155
Net Income$16,518
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 22, 2021
Return Version
2020v4.0
Gross Receipts
$56,902
Mission and Program Overview

Mission

The mission of the stanly arts guild is to introduce the public to the talented artists in the area while promoting the practice, teaching and appreciation of fine arts in the stanly county region; to sponsor educational opportunities for potential artists; to nurture beginning artists with developing skills in how to promote, display and market their work while providing them with the opportunity to show their work, compete in exhibitions and gain recognition; and to make art a part of the lives of everyone in our community, including children, the elderly, veterans, the disadvantaged, and the mentally and physically handicapped.

Program Services

DescriptionGrantsExpenses
ART AND CRAFT EXHIBITS TO SHOWCASE AREA ARTISANS. APPROXIMATELY 40 ARTISTS AND CRAFTSMEN PARTICIPATE WITH AN ADDITIONAL 75 IN ATTENDANCE.-$3,842
PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS MAJORING IN ART. TWO SCHOLARSHIPS AND ONE HONORARIUM AWARDED DURING THE YEAR.$2,100$2,100
PRESENT DEMONSTRATIONS BY ACCOMPLISHED ARTISTS TO PROMOTE "THE ARTS" IN THE COMMUNITY. APPROXIMATELY 40 IN ATTENDANCE.-$626
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WENDY HILLHOUSEPresidentPT$0--
MATT STEEDVice-Preside-$0--
CAROLE POPLINRecording Se-$0--
VICKI GALLOWAYMember-At-La-$0--
Filing and Contact Details

Filer

Filer Name
Stanly Arts Guild
EIN
56-1344302
Phone
7049834278
Address
330-C N SECOND STREET, ALBEMARLE, NC 28001

Signing Officer

Name
Wendy Hillhouse
Title
President
Signed
2021-10-22
Discuss with paid preparer
Yes

Preparer

Firm
Beane Swaringen & Company Pllc
Address
PO BOX 908, ALBEMARLE, NC 28002
Preparer
Cynthia H Beane
Phone
7049820126
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 229 total 229

Form 990-ez, Part I, Line 16

Art shows advertising 143 cash prizes 3,092 reception & other show ex 33 ribbons 94 fundraising cost of goods sold 1,771 expenses advertising and promotion 9 office supplies 601 credit card fees 427 dues and subscriptions 469 computer expense 234 meals 60 625 miscellaneous 1,140 total 8,698

Form 990-ez, Part II, Line 24

Accounts receivable 120 0 total 120 0

Form 990-ez, Part II, Line 26

Sales tax payable 18 145 gift certificates 25 125

Form 990-ez, Part III

The mission of the stanly arts guild is to introduce the public to the talented artists in the area while promoting the practice, teaching and appreciation of fine arts in the stanly county region; to sponsor educational opportunities for potential artists; to nurture beginning artists with developing skills in how to promote, display and market their work while providing them with the opportunity to show their work, compete in exhibitions and gain recognition; and to make art a part of the lives of everyone in our community, including children, the elderly, veterans, the disadvantaged, and the mentally and physically handicapped.

Raw XML Appendix191 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/PrimaryExemptPurposeTxt0THE MISSION OF THE STANLY ARTS GUILD IS TO INTRODUCE THE PUBLIC TO THE TALENTED ARTISTS IN THE AREA WHILE PROMOTING THE PRACTICE, TEACHING AND APPRECIATION OF FINE ARTS IN THE STANLY COUNTY REGION; TO SPONSOR EDUCATIONAL OPPORTUNITIES FOR POTENTIAL ARTISTS; TO NURTURE BEGINNING ARTISTS WITH DEVELOPING SKILLS IN HOW TO PROMOTE, DISPLAY AND MARKET THEIR WORK WHILE PROVIDING THEM WITH THE OPPORTUNITY TO SHOW THEIR WORK, COMPETE IN EXHIBITIONS AND GAIN RECOGNITION; AND TO MAKE ART A PART OF THE LIVES OF EVERYONE IN OUR COMMUNITY, INCLUDING CHILDREN, THE ELDERLY, VETERANS, THE DISADVANTAGED, AND THE MENTALLY AND PHYSICALLY HANDICAPPED.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PRESENT DEMONSTRATIONS BY ACCOMPLISHED ARTISTS TO PROMOTE "THE ARTS" IN THE COMMUNITY. APPROXIMATELY 40 IN ATTENDANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS MAJORING IN ART. TWO SCHOLARSHIPS AND ONE HONORARIUM AWARDED DURING THE YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 229 TOTAL 229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ART SHOWS ADVERTISING 143 CASH PRIZES 3,092 RECEPTION & OTHER SHOW EX 33 RIBBONS 94 FUNDRAISING COST OF GOODS SOLD 1,771 EXPENSES ADVERTISING AND PROMOTION 9 OFFICE SUPPLIES 601 CREDIT CARD FEES 427 DUES AND SUBSCRIPTIONS 469 COMPUTER EXPENSE 234 MEALS 60 625 MISCELLANEOUS 1,140 TOTAL 8,698
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 120 0 TOTAL 120 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALES TAX PAYABLE 18 145 GIFT CERTIFICATES 25 125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF THE STANLY ARTS GUILD IS TO INTRODUCE THE PUBLIC TO THE TALENTED ARTISTS IN THE AREA WHILE PROMOTING THE PRACTICE, TEACHING AND APPRECIATION OF FINE ARTS IN THE STANLY COUNTY REGION; TO SPONSOR EDUCATIONAL OPPORTUNITIES FOR POTENTIAL ARTISTS; TO NURTURE BEGINNING ARTISTS WITH DEVELOPING SKILLS IN HOW TO PROMOTE, DISPLAY AND MARKET THEIR WORK WHILE PROVIDING THEM WITH THE OPPORTUNITY TO SHOW THEIR WORK, COMPETE IN EXHIBITIONS AND GAIN RECOGNITION; AND TO MAKE ART A PART OF THE LIVES OF EVERYONE IN OUR COMMUNITY, INCLUDING CHILDREN, THE ELDERLY, VETERANS, THE DISADVANTAGED, AND THE MENTALLY AND PHYSICALLY HANDICAPPED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02021-11-11T06:50:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WENDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HILLHOUSE
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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