Civic Intelligence

Studio by the Tracks Inc.

990 • Fiscal year 2022 • EIN 63-1004336

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 01, 2023

301 20th Street SouthIrondale, AL 35210

(205) 951-3317

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.03x

Higher debt load relative to assets than 53% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.04x

Higher debt load relative to revenue than 56% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

44th percentile

3.0%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$45,954

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

32nd percentile

-4.3%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

15%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$638,425

Down $28,522 (-4.3%) from 2021

Net Assets

Up

$621,907

Up $10,556 (+1.7%) from 2021

Liabilities

Down

$16,518

Down $39,078 (-70%) from 2021

Revenue

Up

$443,875

Up $57,535 (+15%) from 2021

Expenses

Up

$430,393

Up $52,602 (+14%) from 2021

Net Income

Up

$13,482

Up $4,933 (+58%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $292,346Liabilities 2010: $677Net Assets 2010: $291,6692010Assets 2011: $263,394Liabilities 2011: $0Net Assets 2011: $263,3942011Assets 2012: $288,461Liabilities 2012: $0Net Assets 2012: $288,4612012Assets 2013: $354,601Liabilities 2013: $0Net Assets 2013: $354,6012013Assets 2014: $365,815Liabilities 2014: $0Net Assets 2014: $365,8152014Assets 2015: $426,524Liabilities 2015: $0Net Assets 2015: $426,5242015Assets 2016: $514,180Liabilities 2016: $0Net Assets 2016: $514,1802016Assets 2017: $548,785Liabilities 2017: $0Net Assets 2017: $548,7852017Assets 2018: $547,389Liabilities 2018: $0Net Assets 2018: $547,3892018Assets 2019: $545,612Liabilities 2019: $4,718Net Assets 2019: $540,8942019Assets 2020: $599,737Liabilities 2020: $13,145Net Assets 2020: $586,5922020Assets 2021: $666,947Liabilities 2021: $55,596Net Assets 2021: $611,3512021Assets 2022: $638,425Liabilities 2022: $16,518Net Assets 2022: $621,9072022Assets 2023: $2,340,798Liabilities 2023: $30,833Net Assets 2023: $2,309,9652023Assets 2024: $2,356,952Liabilities 2024: $8,041Net Assets 2024: $2,348,9112024

Highlighted filing

2022

Assets$638,425
Liabilities$16,518
Net Assets$621,907

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $228,7172010Expenses 2011: $209,1842011Expenses 2012: $199,9402012Revenue 2013: $270,342Expenses 2013: $206,902Net Income 2013: $63,4402013Revenue 2014: $234,285Expenses 2014: $223,069Net Income 2014: $11,2162014Revenue 2015: $293,016Expenses 2015: $232,308Net Income 2015: $60,7082015Revenue 2016: $356,335Expenses 2016: $268,679Net Income 2016: $87,6562016Revenue 2017: $307,112Expenses 2017: $272,507Net Income 2017: $34,6052017Revenue 2018: $298,108Expenses 2018: $296,596Net Income 2018: $1,5122018Revenue 2019: $315,255Expenses 2019: $321,752Net Income 2019: -$6,4972019Revenue 2020: $363,616Expenses 2020: $319,843Net Income 2020: $43,7732020Revenue 2021: $386,340Expenses 2021: $377,791Net Income 2021: $8,5492021Revenue 2022: $443,875Expenses 2022: $430,393Net Income 2022: $13,4822022Revenue 2023: $2,306,204Expenses 2023: $445,007Net Income 2023: $1,861,1972023Revenue 2024: $506,184Expenses 2024: $472,056Net Income 2024: $34,1282024

Highlighted filing

2022

Revenue$443,875
Expenses$430,393
Net Income$13,482
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 1, 2023
Return Version
2022v5.0
Gross Receipts
$443,875
Mission and Program Overview

Mission

We provide free art classes for our clients.

We provide free art classes for our clients. We provide an environment which allows troubled young people & adults with special needs an outlet to create. We encourage a supportive and nonjudgmental atmosphere necessary to nurture creative abilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$172,002$547,389▲ $375,387
Savings and Temporary Cash Investments$225,000$225,817▲ $817
Cash and Non-Interest-Bearing Accounts$264,851$220,053▼ $44,798
Land, Buildings, and Equipment, Net$168,144$169,929▲ $1,785
Rtn Earn Endowment Incm Other Fnds$439,349$74,518▼ $364,831
Accounts Receivable-$13,674-
Investments in Publicly Traded Securities$8,952$8,952→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$666,947$638,425▼ $28,522
Liabilities
Other Liabilities-$10,954-
Accounts Payable and Accrued Expenses$55,596$5,564▼ $50,032
Total Liabilities$55,596$16,518▼ $39,078
Net Assets / Fund Balance
Total Net Assets Fund Balance$611,351$621,907▲ $10,556
Total Liabilities and Net Assets / Fund Balance$666,947$638,425▼ $28,522

Asset Categories

AssetBook ValueDepreciationBasis
Land$93,603-$93,603
Leasehold Improvements$45,424$31,911$77,335
Buildings$23,857$41,025$64,882
Equipment$7,045$46,248$53,293
Other Land Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Suzanne BoozerExecutive DirectorFT$45,954$45,954

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$375,184
Program Service Revenue
$0
Investment Income
$935
Other Revenue
$67,756
All Other Contributions
$161,662
Change in Net Assets
$13,482
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,091
Total Fundraising Expense$199,120
Other Expenses$173,302
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$80,989$2,044$95,890$178,923
Current Officers, Directors, Trustees, and Key Employees-$18,364$22,977$41,341
Other Employee Benefits$3,096$7,740$8,772$19,608
Fees for Services Management-$17,370-$17,370
Payroll Taxes$6,444$3,259$7,516$17,219
Fees for Services Accounting$3,000$13,744$0$16,744
All Other Expenses$6,315$3,816$5,175$15,306
Occupancy$7,493$2,782$1,113$11,388
Other Expenses$378$6,176$2,588$9,142
Insurance$1,541$1,540$1,540$4,621
Office Expenses$2,003$1,589$74$3,666
Depreciation Depletion$1,174$1,174$1,173$3,521
Advertising--$620$620
Information Technology$602--$602
Travel$356-$127$483
Conferences and Meetings-$329-$329
Total Functional Expenses$150,582$80,691$199,120$430,393
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art From The Heart$155,473$155,473$41,659$113,814
Total Events$155,473$155,473$41,659$113,814
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$6,691
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, Part VI, Section B, Line 11B

Emailed a draft copy to the board.

Form 990, Part VI, Section C, Line 19

Submitted to Guidestar

Filing and Contact Details

Filer

Filer Name
Studio by the Tracks Inc
EIN
63-1004336
Phone
2059513317
Address
301 20th Street South, Irondale, AL 35210

Signing Officer

Name
Terri Reece
Title
Finance Manager
Phone
2059513317
Signed
2023-06-01

Organization Details

Principal Officer
Merrilee Challiss
Formed
1989
Legal Domicile
Al
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
25
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0602
IRS990/InformationTechnologyGrp/TotalAmt0602
IRS990/InsuranceGrp/FundraisingAmt01540
IRS990/InsuranceGrp/ManagementAndGeneralAmt01540
IRS990/InsuranceGrp/ProgramServicesAmt01541
IRS990/InsuranceGrp/TotalAmt04621
IRS990/InvestmentExpenseAmt01084
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0935
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0935
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08952
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08952
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0119184
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0168144
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0169929
IRS990/LandBldgEquipCostOrOtherBssAmt0289113
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt033387
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt067756
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt067756
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0We provide free art classes for our clients. We provide an environment which allows troubled young people and adults with special needs an outlet to create. We encourage a supportive and nonjudgemental atmosphere necessary to nurture creative abilities.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0611351
IRS990/NetAssetsOrFundBalancesEOYAmt0621907
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01113
IRS990/OccupancyGrp/ManagementAndGeneralAmt02782
IRS990/OccupancyGrp/ProgramServicesAmt07493
IRS990/OccupancyGrp/TotalAmt011388
IRS990/OfficeExpensesGrp/FundraisingAmt074
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01589
IRS990/OfficeExpensesGrp/ProgramServicesAmt02003
IRS990/OfficeExpensesGrp/TotalAmt03666
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08772
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07740
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03096
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019608
IRS990/OtherExpensesGrp/Desc0Student Commissions
IRS990/OtherExpensesGrp/Desc1Event Expenses
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt146388
IRS990/OtherExpensesGrp/FundraisingAmt25167
IRS990/OtherExpensesGrp/FundraisingAmt32588
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2764
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36176
IRS990/OtherExpensesGrp/ProgramServicesAmt018363
IRS990/OtherExpensesGrp/ProgramServicesAmt11350
IRS990/OtherExpensesGrp/ProgramServicesAmt217478
IRS990/OtherExpensesGrp/ProgramServicesAmt3378
IRS990/OtherExpensesGrp/TotalAmt018363
IRS990/OtherExpensesGrp/TotalAmt147738
IRS990/OtherExpensesGrp/TotalAmt223409
IRS990/OtherExpensesGrp/TotalAmt39142
IRS990/OtherLiabilitiesGrp/EOYAmt010954
IRS990/OtherRevenueTotalAmt067756
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07516
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03259
IRS990/PayrollTaxesGrp/ProgramServicesAmt06444
IRS990/PayrollTaxesGrp/TotalAmt017219
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0172002
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0547389
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Merrilee Challiss
IRS990/PriorPeriodAdjustmentsAmt0-4010
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Holiday Open House
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt022150
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0385288
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01052
IRS990/PYOtherExpensesAmt0143210
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt08549
IRS990/PYSalariesCompEmpBnftPaidAmt0234581
IRS990/PYTotalExpensesAmt0377791
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0386340
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt013482
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0442941
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0439349
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt074518
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0225000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0225817
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0221609
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0180786
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0252486
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0226863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0203081
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01084825
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0935
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03181
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0872
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01389
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0715
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0221332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0204851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0102178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0231234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0112129
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0871724

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.01$2.35$0.51$0.47$0.03
2023Summary only. Only limited summary data is available for this year.$2.34$0.03$2.31$2.31$0.45$1.86
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$0.44$0.43$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.06$0.61$0.39$0.38$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.01$0.59$0.36$0.32$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.54$0.32$0.32$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$0.30$0.30$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$0.31$0.27$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.00$0.51$0.36$0.27$0.09
2015Summary only. Only limited summary data is available for this year.$0.43$0.00$0.43$0.29$0.23$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.23$0.22$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.27$0.21$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.23