Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Live Oak Art Center
990EZ • Fiscal year 2020 • EIN 74-1994667
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
46th percentile
Higher net margin than 46% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
56th percentile
Faster revenue growth than 56% of similar nonprofits.
Balance Sheet
Assets
Up$376,645
Up $3,753 (+1.0%) from 2019
Net Assets
Up$375,930
Up $5,923 (+1.6%) from 2019
Liabilities
Down$715
Down $2,170 (-75%) from 2019
Revenue And Expenses
Revenue
Down$117,469
Down $9,855 (-7.7%) from 2019
Expenses
Down$114,189
Down $23,607 (-17%) from 2019
Net Income
Up$3,280
Up $13,752 (+131%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Oct 22, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $141,575
Mission and Program Overview
Mission
ART EDUCATION
Program Services
| Description | Grants | Expenses |
|---|---|---|
| CONTINOUS FREE ART EXHIBITS; ADULT AND CHILDREN WORKSHOPS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROGER WADE | Vice President | - | $0 | - | - |
| SUSAN GLOVER | Treasurer | - | $0 | - | - |
| KATHLEEN TOWNZEN | President | - | $0 | - | - |
| MARILYN WADE | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Dinner | - | - | - | - |
Filing and Contact Details
Filer
- Filer Name
- Live Oak Art Center
- EIN
- 74-1994667
- Address
- 1014 MILAM ST, COLUMBUS, TX 78934
Signing Officer
- Name
- Susan Glover
- Title
- Treasurer
- Phone
- 9797328398
- Signed
- 2021-10-22
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wm Pierce Arthur CPA
- Address
- P O BOX 297, Columbus, TX 78934
- Preparer
- Wm Pierce Arthur
- Phone
- 9797325719
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description amountdiscount for early payment 1040850 misc income 6,55640825 rebate from credit card 175”
Description of other expenses Part I line 16
“Description amount50900 workshop expenses 9,58651110 advertising and promotion 3,34751200 bank fees 84951520 other maintenance 2,41251700 computer and internet 2,15052500 dues and subscriptions 3,38354000 fees and licenses 2,31454900 office supplies 95854915 supplies 1,939other 30,488”
Other changes in net assets or fund balances Part I line 20
“Description amountprior year adjustment account 720rounding 3gain/loss on endowment 2,443prior year adjustment - cash (409)book to tax adjustment dep (114)”
Description of other assets Part II line 24
“Category beginning of year end of yearno group 0 8,659furniture and equipment 0 16,169”
Description of total liabilities Part II line 26
“Category beginning of year end of yearaccounts payable and accrued 2,885 715”
Raw XML Appendix171 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SUSAN GLOVER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9797328398 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1014 MILAM ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | COLUMBUS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78934 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 96565 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 114063 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 33042 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 15190 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3280 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5473 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 372892 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 376645 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 42123 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 11874 |
| IRS990EZ/GrossReceiptsAmt | 0 | 141575 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 27064 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7702 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 276327 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 237754 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 13679 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 370007 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 375930 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 370007 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 375930 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 15072 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROGER WADE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SUSAN GLOVER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KATHLEEN TOWNZEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARILYN WADE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 24828 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 2643 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 57426 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 6741 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ART EDUCATION |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1100 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11224 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CONTINOUS FREE ART EXHIBITS; ADULT AND CHILDREN WORKSHOPS |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 35118 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 8916 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 33207 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2885 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 715 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 114189 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 117469 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | LIVEOAKARTCENTER.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 34021 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 51299 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99301 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 124557 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 167395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 476573 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 397 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 279 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 733 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 268 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1677 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.60160 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.54280 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 287733 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 188840 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 34021 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 51299 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99301 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 124557 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 167395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 476573 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 478250 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | false |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | DINNER |
| IRS990ScheduleG/SpecialFundraisingEventsInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTDISCOUNT FOR EARLY PAYMENT 1040850 MISC INCOME 6,55640825 REBATE FROM CREDIT CARD 175 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNT50900 WORKSHOP EXPENSES 9,58651110 ADVERTISING AND PROMOTION 3,34751200 BANK FEES 84951520 OTHER MAINTENANCE 2,41251700 COMPUTER AND INTERNET 2,15052500 DUES AND SUBSCRIPTIONS 3,38354000 FEES AND LICENSES 2,31454900 OFFICE SUPPLIES 95854915 SUPPLIES 1,939OTHER 30,488 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION AMOUNTPRIOR YEAR ADJUSTMENT ACCOUNT 720ROUNDING 3GAIN/LOSS ON ENDOWMENT 2,443PRIOR YEAR ADJUSTMENT - CASH (409)BOOK TO TAX ADJUSTMENT DEP (114) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARNO GROUP 0 8,659FURNITURE AND EQUIPMENT 0 16,169 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE AND ACCRUED 2,885 715 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SUSAN GLOVER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9797328398 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIVE OAK ART CENTER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIVE |
| ReturnHeader/Filer/EIN | 0 | 741994667 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1014 MILAM ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | COLUMBUS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78934 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 742805681 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WM PIERCE ARTHUR CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | P O BOX 297 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Columbus |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78934 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9797325719 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-10-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WM PIERCE ARTHUR |
| ReturnHeader/ReturnTs | 0 | 2021-10-22T12:34:29-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SUSAN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GLOVER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $376,645
- Liabilities
- $715
- Net assets
- $375,930
- Revenue
- $117,469
- Expenses
- $114,189
- Net income
- $3,280