Civic Intelligence

Cary Visual Art Inc.

990EZ • Fiscal year 2018 • EIN 56-2023686

Jul 01, 2017 to Jun 30, 2018 • Filed on Jul 20, 2018

Organization ProfileWWW.CARYVISUALART.ORG
PO Box 4322Cary, NC 27519

(919) 531-8149

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

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

Asset Growth

15th percentile

-32%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

6th percentile

-67%

Faster revenue growth than 6% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$37,076

Down $17,413 (-32%) from 2017

Net Assets

Down

$37,076

Down $16,249 (-30%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin9th percentile

Revenue

Down

$38,504

Down $76,796 (-67%) from 2017

Expenses

Down

$54,753

Down $83,857 (-60%) from 2017

Net Income

Up

-$16,249

Up $7,061 (+30%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$150K$100K$50K$0Assets 2011: $123,076Liabilities 2011: $16,9722011Assets 2012: $120,363Liabilities 2012: $11,701Net Assets 2012: $108,6622012Assets 2013: $108,830Liabilities 2013: $9,140Net Assets 2013: $99,6902013Assets 2014: $110,864Liabilities 2014: $6,7652014Assets 2015: $123,801Liabilities 2015: $9,3172015Assets 2016: $86,177Liabilities 2016: $9,5422016Assets 2017: $54,489Liabilities 2017: $1,164Net Assets 2017: $53,3252017Assets 2018: $37,076Net Assets 2018: $37,0762018Assets 2019: $32,070Liabilities 2019: $02019

Highlighted filing

2018

Assets$37,076
Liabilities-
Net Assets$37,076
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$200K$100K$0-$100KRevenue 2011: $99,174Expenses 2011: $153,468Net Income 2011: -$54,2942011Revenue 2012: $95,029Expenses 2012: $92,471Net Income 2012: $2,5582012Revenue 2013: $103,565Expenses 2013: $109,087Net Income 2013: -$5,5222013Revenue 2014: $139,480Expenses 2014: $125,071Net Income 2014: $14,4092014Revenue 2015: $138,068Expenses 2015: $127,683Net Income 2015: $10,3852015Revenue 2016: $105,794Expenses 2016: $143,643Net Income 2016: -$37,8492016Revenue 2017: $115,300Expenses 2017: $138,610Net Income 2017: -$23,3102017Revenue 2018: $38,504Expenses 2018: $54,753Net Income 2018: -$16,2492018Revenue 2019: $37,471Expenses 2019: $42,477Net Income 2019: -$5,0062019

Highlighted filing

2018

Revenue$38,504
Expenses$54,753
Net Income-$16,249
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 20, 2018
Return Version
2017v2.3
Gross Receipts
$39,006
Mission and Program Overview

Mission

To promote, inspire, encourage and support arts in cary.

Program Services

DescriptionGrantsExpenses
TO PROMOTE, INSPIRE, ENCOURAGE AND SUPPORT ARTS IN THE CARY COMMUNITY.-$27,960
AWARD SCHOLARSHIPS TO HIGH SCHOOL SENIORS WHO HAVE BEEN ACCEPTED INTO AN ARTS OR DESIGN PROGRAM AT A COLLEGE OR UNIVERSITY.$10,000$10,000
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN ALEXANDERPresident-$0--
MICHAEL KELLYDirector-$0--
WALT PARKERVice Preside-$0--
DAN CAMPBELLDirector-$0--
SUSIE SILVERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Cary Visual Art Inc
EIN
56-2023686
Phone
9195318149
Address
PO BOX 4322, CARY, NC 27519

Signing Officer

Name
Susan Alexander
Title
President
Phone
9192192081
Signed
2018-07-20
Discuss with paid preparer
Yes

Preparer

Firm
Joyce and Company CPA
Address
104 BRADY CT, CARY, NC 27511
Preparer
Shelton M Ennis CPA
Phone
9194660946
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 10,000”

Form 990-ez, Part I, Line 16

“Expenses advertising 40 office supplies 1,461 art ball 38 artist reception 9,238 lecture series 2,124 permanent art placements 15,000 insurance 1,449 memberships 221 bank charges 57 miscellaneous 618 total 30,246”

Form 990-ez, Part II, Line 24

“Pledges receivable 3,149 0 prepaid expenses and deferred charges 4,000 0 1,876 1,876 less accumulated depreciation 1,876 1,876 other receivables 10,290 10,624 total 17,439 10,624”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 1,164 0”

Raw XML Appendix158 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SUSAN ALEXANDER
IRS990EZ/BooksInCareOfDetail/PhoneNum09192192081
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 4322
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027519
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037050
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026452
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039006
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16249
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013311
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054489
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037076
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossReceiptsAmt039006
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt053325
IRS990EZ/NetAssetsOrFundBalancesEOYAmt037076
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt053325
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037076
IRS990EZ/OccupancyRentUtltsAndMaintAmt01000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SUSAN ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL KELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WALT PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAN CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUSIE SILVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt017439
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010624
IRS990EZ/OtherExpensesTotalAmt030246
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE, INSPIRE, ENCOURAGE AND SUPPORT ARTS IN CARY.
IRS990EZ/PrintingPublicationsPostageAmt0196
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE, INSPIRE, ENCOURAGE AND SUPPORT ARTS IN THE CARY COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AWARD SCHOLARSHIPS TO HIGH SCHOOL SENIORS WHO HAVE BEEN ACCEPTED INTO AN ARTS OR DESIGN PROGRAM AT A COLLEGE OR UNIVERSITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027960
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt110000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0502
IRS990EZ/SpecialEventsNetIncomeLossAmt0-502
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01164
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt054753
IRS990EZ/TotalProgramServiceExpensesAmt037960
IRS990EZ/TotalRevenueAmt038504
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CARYVISUALART.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039006
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0121925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0111329
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0101370
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt052147
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0425777
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03562
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08826
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt048595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0102072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0163055
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0588832
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt039006
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125487
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0120155
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0149965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0154219
IRS990ScheduleA/Total509Grp/TotalAmt0588832
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt039006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0125487
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0120155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0149965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0154219
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0588832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 40 OFFICE SUPPLIES 1,461 ART BALL 38 ARTIST RECEPTION 9,238 LECTURE SERIES 2,124 PERMANENT ART PLACEMENTS 15,000 INSURANCE 1,449 MEMBERSHIPS 221 BANK CHARGES 57 MISCELLANEOUS 618 TOTAL 30,246
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 3,149 0 PREPAID EXPENSES AND DEFERRED CHARGES 4,000 0 1,876 1,876 LESS ACCUMULATED DEPRECIATION 1,876 1,876 OTHER RECEIVABLES 10,290 10,624 TOTAL 17,439 10,624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,164 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-20
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ReturnHeader/Filer/BusinessNameControlTxt0CARY
ReturnHeader/Filer/EIN0562023686
ReturnHeader/Filer/PhoneNum09195318149
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.106.192.70
ReturnHeader/FilingSecurityInformation/IPDt02018-07-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:09:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562202813
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOYCE AND COMPANY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0104 BRADY CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027511
ReturnHeader/PreparerPersonGrp/PhoneNum09194660946
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELTON M ENNIS CPA
ReturnHeader/ReturnTs02018-07-25T15:09:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,076
Liabilities
-
Net assets
$37,076
Revenue
$38,504
Expenses
$54,753
Net income
-$16,249
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Summary only. Only limited summary data is available for this year.$0.32$0.00$0.37$0.42$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.39$0.55$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$1.15$1.39$0.23
2016Summary only. Only limited summary data is available for this year.$0.86$0.10$1.06$1.44$0.38
2015Summary only. Only limited summary data is available for this year.$1.24$0.09$1.38$1.28$0.10
2014Summary only. Only limited summary data is available for this year.$1.11$0.07$1.39$1.25$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.09$1.00$1.04$1.09$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.12$1.09$0.95$0.92$0.03
2011Summary only. Only limited summary data is available for this year.$1.23$0.17$0.99$1.53$0.54