Civic Intelligence

Artspace Inc.

990 • Fiscal year 2017 • EIN 77-0233621

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

751 Paseo Nuevo MallSanta Barbara, CA 93101

(805) 963-8198

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

37th percentile

-1.4%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$51,660

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

35th percentile

-4.9%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

45th percentile

-1.4%

Faster revenue growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$84,276

Down $4,363 (-4.9%) from 2016

Net Assets

Down

$84,102

Down $4,363 (-4.9%) from 2016

Liabilities

Flat

$174

Flat from 2016

Revenue

Down

$313,768

Down $4,479 (-1.4%) from 2016

Expenses

Up

$318,131

Up $3,398 (+1.1%) from 2016

Net Income

Down

-$4,363

Down $7,877 (-224%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $132,807Liabilities 2010: $24,440Net Assets 2010: $108,3672010Assets 2011: $95,177Liabilities 2011: $318Net Assets 2011: $94,8592011Assets 2012: $102,630Liabilities 2012: $8,563Net Assets 2012: $94,0672012Assets 2013: $107,063Liabilities 2013: $296Net Assets 2013: $106,7672013Assets 2014: $94,897Liabilities 2014: $174Net Assets 2014: $94,7232014Assets 2015: $87,781Liabilities 2015: $174Net Assets 2015: $87,6072015Assets 2016: $88,639Liabilities 2016: $174Net Assets 2016: $88,4652016Assets 2017: $84,276Liabilities 2017: $174Net Assets 2017: $84,1022017Assets 2018: $83,133Liabilities 2018: $174Net Assets 2018: $82,9592018Assets 2019: $94,320Liabilities 2019: $175Net Assets 2019: $94,1452019Assets 2020: $80,469Liabilities 2020: $80,003Net Assets 2020: $4662020Assets 2021: $231,506Liabilities 2021: $168,487Net Assets 2021: $63,0192021Assets 2022: $246,618Liabilities 2022: $184,905Net Assets 2022: $61,7132022Assets 2023: $224,621Liabilities 2023: $171,235Net Assets 2023: $53,3862023Assets 2024: $228,120Liabilities 2024: $169,843Net Assets 2024: $58,2772024

Highlighted filing

2017

Assets$84,276
Liabilities$174
Net Assets$84,102

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $250,1852010Expenses 2011: $235,6422011Expenses 2012: $299,6192012Revenue 2013: $327,760Expenses 2013: $315,057Net Income 2013: $12,7032013Revenue 2014: $308,200Expenses 2014: $320,244Net Income 2014: -$12,0442014Revenue 2015: $317,805Expenses 2015: $324,556Net Income 2015: -$6,7512015Revenue 2016: $318,247Expenses 2016: $314,733Net Income 2016: $3,5142016Revenue 2017: $313,768Expenses 2017: $318,131Net Income 2017: -$4,3632017Revenue 2018: $346,035Expenses 2018: $347,190Net Income 2018: -$1,1552018Revenue 2019: $335,655Expenses 2019: $324,466Net Income 2019: $11,1892019Revenue 2020: $122,691Expenses 2020: $216,370Net Income 2020: -$93,6792020Revenue 2021: $369,790Expenses 2021: $307,273Net Income 2021: $62,5172021Revenue 2022: $376,598Expenses 2022: $376,605Net Income 2022: -$72022Revenue 2023: $323,943Expenses 2023: $331,702Net Income 2023: -$7,7592023Revenue 2024: $310,369Expenses 2024: $315,910Net Income 2024: -$5,5412024

Highlighted filing

2017

Revenue$313,768
Expenses$318,131
Net Income-$4,363
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$314,110
Mission and Program Overview

Mission

The organizations provides affordable performance space for art, music and theater. It provides performances to the public at affordable prices that would not otherwise be available. The theater operates all year round.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$88,465$84,102▼ $4,363
Cash and Non-Interest-Bearing Accounts$42,228$42,350▲ $122
Land, Buildings, and Equipment, Net$31,945$28,389▼ $3,556
Intangible Assets$9,354$8,487▼ $867
Accounts Receivable$400$400→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$88,639$84,276▼ $4,363
Other Assets Total$4,712$4,650▼ $62
Liabilities
Other Liabilities$174$174→ $0
Total Liabilities$174$174→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$88,465$84,102▼ $4,363
Total Liabilities and Net Assets / Fund Balance$88,639$84,276▼ $4,363

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,955$289,045$295,000
Leasehold Improvements$21,741$24,823$46,564
Other Land Buildings$693$9,993$10,686
Other Assets Org$4,650--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Teri BallExecutive DirectorFT$51,660$51,660

Board Members and Trustees

NameTitle
Laurel LylePresident
Ann DusenberryDirector
Hallie AndersonDirector
Matthew TavianiniDirector
Pamela Vander HiedeDirector
Peter LacknerSecretary
Kathy MardenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$69,903
Program Service Revenue
$236,017
Investment Income
$20
Other Revenue
$7,828
All Other Contributions
$60,992
Change in Net Assets
$-4,363
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$169,353
Other Expenses$148,778
Total Fundraising Expense$35,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,398$6,148$6,148$96,694
Current Officers, Directors, Trustees, and Key Employees$25,860$12,900$12,900$51,660
Occupancy$16,685$8,343$8,343$33,371
All Other Expenses$12,930$3,478$1,386$17,794
Payroll Taxes$9,003$1,582$1,581$12,166
Insurance$4,419$2,209$2,209$8,837
Other Employee Benefits$4,417$2,208$2,208$8,833
Other Expenses$6,209--$6,209
Office Expenses$2,263$1,132$1,132$4,527
Depreciation Depletion$4,423--$4,423
Fees for Services Accounting-$950-$950
Total Functional Expenses$243,274$38,950$35,907$318,131
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,170
Fundraising Direct Expenses$342
Professional Fundraising Fees$0
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
Uncashed Payroll Checks$174
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization gives all board members a copy of the 990 for review prior to filing. Questions are directed to the treasurer and/or staff; the treasurer recommends to the board the filing of the 990.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents are available with advanced appointment.

Filing and Contact Details

Filer

Filer Name
Artspace Inc
EIN
77-0233621
Phone
8059638198
Address
751 PASEO NUEVO MALL, SANTA BARBARA, CA 93101

Signing Officer

Name
Laurel Lyle
Title
President
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
7
Employees
23

Preparer

Firm
Stathis & Lishman Inc
Address
1616 Anacapa Street 1st FL, Santa Barbara, CA 93101-1910
Preparer
Patricia J Stathis
Phone
8059658117
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06148
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt084398
IRS990/OtherSalariesAndWagesGrp/TotalAmt096694
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01581
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01582
IRS990/PayrollTaxesGrp/ProgramServicesAmt09003
IRS990/PayrollTaxesGrp/TotalAmt012166
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/Desc0ARTS PERFORMANCES
IRS990/ProgramServiceRevenueGrp/Desc1FRENCH FESTIVAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0178933
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt157084
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0178933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt157084
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt089398
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0150887
IRS990/PYOtherRevenueAmt03811
IRS990/PYProgramServiceRevenueAmt0225038
IRS990/PYRevenuesLessExpensesAmt03514
IRS990/PYSalariesCompEmpBnftPaidAmt0163846
IRS990/PYTotalExpensesAmt0314733
IRS990/PYTotalRevenueAmt0318247
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-4363
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0236017
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt088465
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt084102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt069903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt089398
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt072934
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt069964
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt084118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0386317
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03727
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03761
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0236017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0225038
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0239544
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0235335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0239433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01175367
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03727
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03761
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00240
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03811
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05313
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02901
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0482
IRS990ScheduleA/OtherIncome509Grp/TotalAmt020677
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87850
IRS990ScheduleA/PublicSupportPY509Pct00.88020
IRS990ScheduleA/PublicSupportTotal509Amt01393345
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt040000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt035000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt043339
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0168339
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt040000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt035000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt043339
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0168339
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0305920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0314436
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0312478
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0305299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0323551
IRS990ScheduleA/Total509Grp/TotalAmt01561684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0314110
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0318247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0317805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0308200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0327760
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01586122
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt05955
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0289045
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0295000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt021741
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024823
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt046564
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04650
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE ON BOX OFFICE RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0693
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09993
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0174
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCASHED PAYROLL CHECKS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028389
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04650
IRS990ScheduleD/TotalLiabilityAmt0174
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.28$1.70$0.58$3.10$3.16$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.25$1.71$0.53$3.24$3.32$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.47$1.85$0.62$3.77$3.77$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.32$1.68$0.63$3.70$3.07$0.63
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.80$0.00$1.23$2.16$0.94
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$3.36$3.24$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$3.46$3.47$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$3.14$3.18$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.88$3.18$3.15$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$3.18$3.25$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$3.08$3.20$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$3.28$3.15$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.09$0.94$3.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.24$1.08$2.50