Civic Intelligence

Pilot Light Incorporated

990EZ • Fiscal year 2021 • EIN 81-4183967

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

PO Box 1207Knoxville, TN 37901

(865) 437-8179

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

48th percentile

7.4%

Higher net margin than 48% 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

80th percentile

48%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

69th percentile

33%

Faster revenue growth than 69% of similar nonprofits.

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

Assets

Up

$15,775

Up $5,136 (+48%) from 2020

Net Assets

Up

$15,775

Up $5,136 (+48%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$69,687

Up $17,258 (+33%) from 2020

Expenses

Up

$64,551

Up $18,810 (+41%) from 2020

Net Income

Down

$5,136

Down $1,552 (-23%) from 2020

Historical Trend

Balance Sheet Trend

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

$20K$10K$0-$10KAssets 2017: $442Liabilities 2017: $02017Assets 2018: $442Liabilities 2018: $0Net Assets 2018: $4422018Assets 2019: $3,846Liabilities 2019: $0Net Assets 2019: $3,8462019Assets 2020: $10,639Liabilities 2020: $0Net Assets 2020: $10,6392020Assets 2021: $15,775Liabilities 2021: $0Net Assets 2021: $15,7752021Assets 2022: $5,184Liabilities 2022: $0Net Assets 2022: $5,1842022Assets 2023: $3,321Liabilities 2023: $8,733Net Assets 2023: -$5,4122023Assets 2024: $4,394Liabilities 2024: $7,030Net Assets 2024: -$2,6362024

Highlighted filing

2021

Assets$15,775
Liabilities$0
Net Assets$15,775

Operations Trend

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

$200K$100K$0-$100KRevenue 2017: $101,401Expenses 2017: $100,888Net Income 2017: $5132017Revenue 2018: $125,320Expenses 2018: $124,801Net Income 2018: $5192018Revenue 2019: $134,704Expenses 2019: $130,713Net Income 2019: $3,9912019Revenue 2020: $52,429Expenses 2020: $45,741Net Income 2020: $6,6882020Revenue 2021: $69,687Expenses 2021: $64,551Net Income 2021: $5,1362021Revenue 2022: $128,171Expenses 2022: $136,650Net Income 2022: -$8,4792022Revenue 2023: $128,053Expenses 2023: $147,382Net Income 2023: -$19,3292023Revenue 2024: $194,593Expenses 2024: $191,817Net Income 2024: $2,7762024

Highlighted filing

2021

Revenue$69,687
Expenses$64,551
Net Income$5,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.0
Gross Receipts
$80,620
Mission and Program Overview

Mission

Pilot light, inc. Arranges, producers, promotes, displays, and preserves musical, multimedia, spoken and dramatic performances, and expositions with an emphasis on experimental or independent forms of artistic expression underrepresented in the local culture and popular culture at large.

Pilot light, inc. Arranges, produces, promotes, displays, and preserves musical, multimedia, spoken, and dramatic performances, and expositions with an emphasis on experimental or independent forms of artistic expression underrepresented in the local culture and popular culture at large.

Program Services

DescriptionGrantsExpenses
IN THE FIRST 159 DAYS OF 2021, PILOT LIGHT REMAINED CLOSED TO THE PUBLIC DUE TO THE COVID-19 PANDEMIC. DURING THIS TIME, WE PRODUCED 22 FREE OF CHARGE INTERNET LIVESTREAM PERFORMANCES. IN THE REMAINING 206 DAYS OF 2021, PILOT LIGHT ORGANIZED AND HOSTED 76 PUBLIC PRESENTATIONS, 22 OF WHICH WERE PRESENTED FREE OF CHARGE TO ATTENDEES. THE EVENTS PRESENTED AND PROMOTED THE BROADEST VARIETY OF MUSICAL GENRES, WITH SPECIAL EMPHASIS ON EXPERIMENTAL FORMS OF MUSIC. ALSO PRESENTED WERE PERFORMANCES OF COMEDY, SPOKEN WORD, THEATER, AND FILM.-$52,489
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON BOARDMANExecutive DiFT$0--
ELIZABETH ALBERTSONPresident-$0--
ERIC DAWSONSecretary-$0--
NATALIE CAYLORTreasurer-$0--
SCOTT CARPENDERDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sales$34,417$34,417-$34,417
Total Events$34,417$34,417$10,933$23,484
Filing and Contact Details

Filer

Filer Name
Pilot Light Inc
EIN
81-4183967
Phone
8654378179
Address
PO BOX 1207, KNOXVILLE, TN 37901

Signing Officer

Name
Jason Boardman
Title
Executive Director
Phone
8654378179
Signed
2022-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Taylor Polson & Co Psc
Address
101 MCKENNA ST, GLASGOW, KY 42141
Preparer
Jeff P Carter CPA
Phone
2706518877
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Sales beer tax 100 sales tax 1,824 expenses office supplies 166 bank fees 30 insurance general liability 2,601 equipment purchases 2,169 niva membership 200 corporate tax 92 artist hospitality 30 total 7,212

Form 990-ez, Part III

Pilot light, inc. Arranges, produces, promotes, displays, and preserves musical, multimedia, spoken, and dramatic performances, and expositions with an emphasis on experimental or independent forms of artistic expression underrepresented in the local culture and popular culture at large.

Form 990-ez, Part III, Line 28

In the first 159 days of 2021, pilot light remained closed to the public due to the covid-19 pandemic. During this time, we produced 22 free of charge internet livestream performances. In the remaining 206 days of 2021, pilot light organized and hosted 76 public presentations, 22 of which were presented free of charge to attendees. The events presented and promoted the broadest variety of musical genres, with special emphasis on experimental forms of music. Also presented were performances of comedy, spoken word, theater, and film.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SALES BEER TAX 100 SALES TAX 1,824 EXPENSES OFFICE SUPPLIES 166 BANK FEES 30 INSURANCE GENERAL LIABILITY 2,601 EQUIPMENT PURCHASES 2,169 NIVA MEMBERSHIP 200 CORPORATE TAX 92 ARTIST HOSPITALITY 30 TOTAL 7,212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PILOT LIGHT, INC. ARRANGES, PRODUCES, PROMOTES, DISPLAYS, AND PRESERVES MUSICAL, MULTIMEDIA, SPOKEN, AND DRAMATIC PERFORMANCES, AND EXPOSITIONS WITH AN EMPHASIS ON EXPERIMENTAL OR INDEPENDENT FORMS OF ARTISTIC EXPRESSION UNDERREPRESENTED IN THE LOCAL CULTURE AND POPULAR CULTURE AT LARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN THE FIRST 159 DAYS OF 2021, PILOT LIGHT REMAINED CLOSED TO THE PUBLIC DUE TO THE COVID-19 PANDEMIC. DURING THIS TIME, WE PRODUCED 22 FREE OF CHARGE INTERNET LIVESTREAM PERFORMANCES. IN THE REMAINING 206 DAYS OF 2021, PILOT LIGHT ORGANIZED AND HOSTED 76 PUBLIC PRESENTATIONS, 22 OF WHICH WERE PRESENTED FREE OF CHARGE TO ATTENDEES. THE EVENTS PRESENTED AND PROMOTED THE BROADEST VARIETY OF MUSICAL GENRES, WITH SPECIAL EMPHASIS ON EXPERIMENTAL FORMS OF MUSIC. ALSO PRESENTED WERE PERFORMANCES OF COMEDY, SPOKEN WORD, THEATER, AND FILM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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