Civic Intelligence

Arts Scholars Foundation

990EZ • Fiscal year 2021 • EIN 68-0190023

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 13, 2022

CO Shirley Thornton PO Box 643Sausalito, CA 94966-0643

(415) 455-4900

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

92nd percentile

65%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

86th percentile

74%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

88%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$122,292

Up $52,174 (+74%) from 2020

Net Assets

Up

$122,292

Up $52,174 (+74%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$80,567

Up $37,667 (+88%) from 2020

Expenses

Down

$28,393

Down $20,572 (-42%) from 2020

Net Income

Up

$52,174

Up $58,239 (+960%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $17,447Liabilities 2011: $02011Assets 2012: $7,240Liabilities 2012: $02012Assets 2013: $54,929Liabilities 2013: $02013Assets 2018: $71,345Liabilities 2018: $0Net Assets 2018: $71,3452018Assets 2019: $76,183Liabilities 2019: $02019Assets 2020: $70,118Liabilities 2020: $0Net Assets 2020: $70,1182020Assets 2021: $122,292Liabilities 2021: $0Net Assets 2021: $122,2922021Assets 2022: $158,278Liabilities 2022: $0Net Assets 2022: $158,2782022Assets 2023: $180,411Liabilities 2023: $0Net Assets 2023: $180,4112023Assets 2024: $105,533Liabilities 2024: $0Net Assets 2024: $105,5332024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$122,292
Liabilities$0
Net Assets$122,292

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2011: $74,855Expenses 2011: $74,320Net Income 2011: $5352011Revenue 2012: $32,096Expenses 2012: $42,303Net Income 2012: -$10,2072012Revenue 2013: $131,722Expenses 2013: $84,034Net Income 2013: $47,6882013Revenue 2018: $45,215Expenses 2018: $26,222Net Income 2018: $18,9932018Revenue 2019: $43,851Expenses 2019: $39,013Net Income 2019: $4,8382019Revenue 2020: $42,900Expenses 2020: $48,965Net Income 2020: -$6,0652020Revenue 2021: $80,567Expenses 2021: $28,393Net Income 2021: $52,1742021Revenue 2022: $89,993Expenses 2022: $54,007Net Income 2022: $35,9862022Revenue 2023: $49,012Expenses 2023: $26,879Net Income 2023: $22,1332023Revenue 2024: $39,096Expenses 2024: $113,975Net Income 2024: -$74,8792024Revenue 2025: $25,538Expenses 2025: $131,071Net Income 2025: -$105,5332025

Highlighted filing

2021

Revenue$80,567
Expenses$28,393
Net Income$52,174
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 13, 2022
Return Version
2020v4.1
Gross Receipts
$80,567
Mission and Program Overview

Mission

The specific purpose of this corporation is to promote and provide equity and access to arts programs and other key subjects for under-served students in marin county, california and to carry on other charitable and/or educational activities associated with this goal allowed by law.

Program Services

DescriptionGrantsExpenses
BAYSIDE MARTIN LUTHER KING, JR. ACADEMY FOUNDATION IS COMMITTED TO INSPIRING AND EMPOWERING STUDENTS AT BAYSIDE MARTIN LUTHER KING JR. ACADEMY TO ACHIEVE EDUCATIONAL EXCELLENCE THROUGH ENGAGEMENT IN THE VISUAL AND PERFORMING ARTS.$80,557$28,393
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR SHIRLEY THORNTONTreasurerPT$0--
BARBARA KILLEYChairpersonPT$0--
CHRISTINE DURBINSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Arts Scholars Foundation
EIN
68-0190023
Phone
4154554900
Address
CO SHIRLEY THORNTON PO BOX 643, SAUSALITO, CA 94966-0643

Signing Officer

Name
Barbara Killey
Title
Chairperson
Phone
4154554900
Signed
2022-01-13
Discuss with paid preparer
Yes

Preparer

Firm
Wmb2 Llp
Address
101 LARKSPUR LANDING CIR STE 200, LARKSPUR, CA 94939-1750
Preparer
Shirley Chen-blum
Phone
4159251120
Supplemental Narrative

Additional Explanations

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

Description: interest. Amount: 10.

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

Description: other art program expenses. Amount: 3,048. Description: telephone, telecommunications. Amount: 180. Description: insurance. Amount: 2,119. Description: teacher supplies. Amount: 7,058. Description: advertising & marketing. Amount: 174. Description: legal & professional services. Amount: 1,229. Description: office supplies & software. Amount: 2,905. Description: taxes & licenses. Amount: 1,245. Description: art supplies. Amount: 5,046. Total to form 990-ez, line 16: 23,004.

Raw XML Appendix168 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PROMOTE AND PROVIDE EQUITY AND ACCESS TO ARTS PROGRAMS AND OTHER KEY SUBJECTS FOR UNDER-SERVED STUDENTS IN MARIN COUNTY, CALIFORNIA AND TO CARRY ON OTHER CHARITABLE AND/OR EDUCATIONAL ACTIVITIES ASSOCIATED WITH THIS GOAL ALLOWED BY LAW.
IRS990EZ/PrintingPublicationsPostageAmt0134
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BAYSIDE MARTIN LUTHER KING, JR. ACADEMY FOUNDATION IS COMMITTED TO INSPIRING AND EMPOWERING STUDENTS AT BAYSIDE MARTIN LUTHER KING JR. ACADEMY TO ACHIEVE EDUCATIONAL EXCELLENCE THROUGH ENGAGEMENT IN THE VISUAL AND PERFORMING ARTS.
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0240295
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER ART PROGRAM EXPENSES. AMOUNT: 3,048. DESCRIPTION: TELEPHONE, TELECOMMUNICATIONS. AMOUNT: 180. DESCRIPTION: INSURANCE. AMOUNT: 2,119. DESCRIPTION: TEACHER SUPPLIES. AMOUNT: 7,058. DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 174. DESCRIPTION: LEGAL & PROFESSIONAL SERVICES. AMOUNT: 1,229. DESCRIPTION: OFFICE SUPPLIES & SOFTWARE. AMOUNT: 2,905. DESCRIPTION: TAXES & LICENSES. AMOUNT: 1,245. DESCRIPTION: ART SUPPLIES. AMOUNT: 5,046. TOTAL TO FORM 990-EZ, LINE 16: 23,004.
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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.
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARBARA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KILLEY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits