Civic Intelligence

Pilot Light Incorporated

990EZ • Fiscal year 2023 • EIN 81-4183967

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 17, 2024

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

97th percentile

2.63x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

23rd percentile

-15%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

15th percentile

-36%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

-0.1%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,321

Down $1,863 (-36%) from 2022

Net Assets

Down

-$5,412

Down $10,596 (-204%) from 2022

Liabilities

Up

$8,733

Up $8,733 from 2022

Revenue

Down

$128,053

Down $118 (-0.1%) from 2022

Expenses

Up

$147,382

Up $10,732 (+7.9%) from 2022

Net Income

Down

-$19,329

Down $10,850 (-128%) from 2022

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

2023

Assets$3,321
Liabilities$8,733
Net Assets-$5,412

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

2023

Revenue$128,053
Expenses$147,382
Net Income-$19,329
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 17, 2024
Return Version
2023v5.0
Gross Receipts
$128,053
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 2023, PILOT LIGHT ORGANIZED AND HOSTED 218 PUBLIC PRESENTATIONS, 55 OF WHICH WERE PRESENTED FREE OF CHARGE TO ATTENDEES, AND 142 AT LOW COST OF ENTRY (10 OR LESS). 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.-$143,023
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON BOARDMANExecutive DiFT$0--
ELIZABETH ALBERTSONPresident-$0--
ERIC DAWSONSecretary-$0--
NATALIE CAYLORTreasurer-$0--
SCOTT CARPENTERDirector-$0--
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
2024-06-17
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

Expenses bank fees 278 artist travel 799 liquor liability 762 equipment purchases 988 sales tax 12,758 beer tax 100 corporate tax 21 repairs and maintenance 308 licenses & permits city 1,051 production expense 60 venue rental 2,000 beverage purchases 23,060 consumable supplies 865 hospitality items 4,260 misc expense 1,108 non-investment depreciation 500 total 48,918

Form 990-ez, Part I, Line 20

NOTES PAYABLE 8,733

Form 990-ez, Part II, Line 24

Equipment 3,499 3,499 less accumulated depreciation 250 750 total 3,249 2,749

Form 990-ez, Part II, Line 26

Loans from officers 0 8,733

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 2023, pilot light organized and hosted 218 public presentations, 55 of which were presented free of charge to attendees, and 142 at low cost of entry (10 or less). 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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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK FEES 278 ARTIST TRAVEL 799 LIQUOR LIABILITY 762 EQUIPMENT PURCHASES 988 SALES TAX 12,758 BEER TAX 100 CORPORATE TAX 21 REPAIRS AND MAINTENANCE 308 LICENSES & PERMITS CITY 1,051 PRODUCTION EXPENSE 60 VENUE RENTAL 2,000 BEVERAGE PURCHASES 23,060 CONSUMABLE SUPPLIES 865 HOSPITALITY ITEMS 4,260 MISC EXPENSE 1,108 NON-INVESTMENT DEPRECIATION 500 TOTAL 48,918
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOTES PAYABLE 8,733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 3,499 3,499 LESS ACCUMULATED DEPRECIATION 250 750 TOTAL 3,249 2,749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 0 8,733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PILOT 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/ExplanationTxt5IN 2023, PILOT LIGHT ORGANIZED AND HOSTED 218 PUBLIC PRESENTATIONS, 55 OF WHICH WERE PRESENTED FREE OF CHARGE TO ATTENDEES, AND 142 AT LOW COST OF ENTRY (10 OR LESS). 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 I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02024-08-14T17:53:49-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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