Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.60x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% 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
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Balance Sheet
Assets
Down$14,786
Down $8,613 (-37%) from 2020
Net Assets
Down$5,892
Down $16,557 (-74%) from 2020
Liabilities
Up$8,894
Up $7,944 (+836%) from 2020
Revenue And Expenses
Revenue
Down$44,803
Down $7,602 (-15%) from 2020
Expenses
Up$61,360
Up $17,788 (+41%) from 2020
Net Income
Down-$16,557
Down $25,390 (-287%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Oct 8, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $44,803
Mission and Program Overview
Mission
Provide Art education and Training to underprivileged Children
To provide access to the arts for under served youth in the city of Peekskill, NY.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The program provides instruction in dance, spoken word, chorus and string instruments and puts on performances to showcase the creative growth of children from the community. This program provides services to over 150 children. | $0 | $56,865 |
| This program introduces youth by instruction and hands on workshop to the visual arts (painting and sculpture). this program services approximately 70 children. | $0 | $2,830 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Reverend Jeannette Phillips | Trustee | - | $0 | - | - |
| Jay Sherman | Chairperson | - | $0 | - | - |
| Joel Carbaugh | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Arts 10566 Inc
- EIN
- 81-2320889
- Phone
- 9146434392
- Address
- 1 South Division, Peekskill, NY 10566
Signing Officer
- Name
- Francesco Rossi
- Title
- Accountant
- Phone
- 9142611022
- Signed
- 2021-10-08
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10
“Grant provided by the Peekskill City School District”
Form 990-EZ, Part I, Line 16
“Description;Amount^Insurance;1323|Bank fees;348|Performance costs;9461|Payroll fees;663|Supplies;629|IT costs;1400|Marketing;366^Total;14190^”
Form 990-EZ, Part II, Line 24
“Deferred Income beginning of year $2,232 Historical year-end adjustment beginning of year $5,222 Deferred Income end of year $2,232 Historical year-end adjustment end of year $5,222 Accounts Receivable end of year ($2,340) Beginning of year $3,792”
Form 990-EZ, Part II, Line 26
“Accounts payable at end of year $3,970 beginning of year $950 PPP Loan at end of year $4,924 beginning of year $0”
Raw XML Appendix165 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/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To provide access to the arts for under served youth in the city of Peekskill, NY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 168 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 700 |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27532 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 950 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 8894 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 61360 |
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| IRS990EZ/TotalRevenueAmt | 0 | 44803 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 52405 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52295 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 83104 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74372 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 306979 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 306979 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 44803 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 52405 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74372 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 306979 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 44803 |
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| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Grant provided by the Peekskill City School District |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;Amount^Insurance;1323|Bank fees;348|Performance costs;9461|Payroll fees;663|Supplies;629|IT costs;1400|Marketing;366^Total;14190^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Deferred Income beginning of year $2,232 Historical year-end adjustment beginning of year $5,222 Deferred Income end of year $2,232 Historical year-end adjustment end of year $5,222 Accounts Receivable end of year ($2,340) Beginning of year $3,792 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Accounts payable at end of year $3,970 beginning of year $950 PPP Loan at end of year $4,924 beginning of year $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Francesco Rossi |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Accountant |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9142611022 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ARTS 10566 INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ARTS |
| ReturnHeader/Filer/EIN | 0 | 812320889 |
| ReturnHeader/Filer/PhoneNum | 0 | 9146434392 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1 South Division |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Peekskill |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10566 |
| ReturnHeader/ReturnTs | 0 | 2021-10-08T13:15:34-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $14,786
- Liabilities
- $8,894
- Net assets
- $5,892
- Revenue
- $44,803
- Expenses
- $61,360
- Net income
- -$16,557