Civic Intelligence

Bright Rising Studio Inc.

990EZ • Fiscal year 2024 • EIN 82-1875225

Jun 01, 2023 to May 31, 2024 • Filed on Jul 29, 2024

Organization Profilewww.brightrising.info
PO Box 1341Waukesha, WI 53187

(414) 534-1627

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.69x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-14%

Higher net margin than 23% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$28,111

Down $4,213 (-13%) from 2023

Net Assets

Down

$8,608

Down $9,784 (-53%) from 2023

Liabilities

Up

$19,503

Up $5,571 (+40%) from 2023

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin23rd percentile

Revenue

Down

$68,150

Down $27,759 (-29%) from 2023

Expenses

Down

$77,934

Down $6,074 (-7.2%) from 2023

Net Income

Down

-$9,784

Down $21,685 (-182%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$60K$40K$20K$0-$20KAssets 2018: $5,098Liabilities 2018: $0Net Assets 2018: $5,0982018Assets 2019: $20,881Liabilities 2019: $183Net Assets 2019: $20,6982019Assets 2020: $51,226Liabilities 2020: $21,0002020Assets 2021: $18,787Liabilities 2021: $350Net Assets 2021: $18,4372021Assets 2022: $12,301Liabilities 2022: $5,810Net Assets 2022: $6,4912022Assets 2023: $32,324Liabilities 2023: $13,932Net Assets 2023: $18,3922023Assets 2024: $28,111Liabilities 2024: $19,503Net Assets 2024: $8,6082024Assets 2025: $11,789Liabilities 2025: $22,967Net Assets 2025: -$11,1782025

Highlighted filing

2024

Assets$28,111
Liabilities$19,503
Net Assets$8,608
Open 2024 Filing

Operations Trend

Revenue Growth19th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $112,613Expenses 2018: $107,515Net Income 2018: $5,0982018Revenue 2019: $124,945Expenses 2019: $109,345Net Income 2019: $15,6002019Revenue 2020: $179,253Expenses 2020: $169,725Net Income 2020: $9,5282020Revenue 2021: $163,124Expenses 2021: $174,913Net Income 2021: -$11,7892021Revenue 2022: $78,201Expenses 2022: $90,147Net Income 2022: -$11,9462022Revenue 2023: $95,909Expenses 2023: $84,008Net Income 2023: $11,9012023Revenue 2024: $68,150Expenses 2024: $77,934Net Income 2024: -$9,7842024Revenue 2025: $30,412Expenses 2025: $50,198Net Income 2025: -$19,7862025

Highlighted filing

2024

Revenue$68,150
Expenses$77,934
Net Income-$9,784
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Jul 29, 2024
Return Version
2023v5.1
Gross Receipts
$68,150
Mission and Program Overview

Mission

Academic classes in English and history for ages K through 12, hands-on science labs, and theater arts in drama, musicals, Shakespeare, offering programs performances and summer camps for ages 8 to 18.

Academic classes in English & History for grades K through 12. Enrichment classes, hands-on science labs, and theater arts in drama and musicals. Program performances and summer camps for ages 8 to 18.

Program Services

DescriptionGrantsExpenses
Academic classes in English and History for grades K through 12, Enrichment classes and hands-on science labs. All classes are approved for credit by Bridges Virtual Academy and other virtual schools for 165 students-$77,934
Theater programs: Performance of theatrical productions to improve children's emotional intelligence and academic proficiency for 165 students.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel HudsonPresident-$0--
Nicole BarnesVice President-$0--
Kim BovreSecretary-$0--
Jay SchneiderTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Bright Rising Studio Inc
EIN
82-1875225
Phone
4145341627
Address
PO BOX 1341, Waukesha, WI 53187

Signing Officer

Name
Daniel Hudson
Title
President
Signed
2024-07-29
Discuss with paid preparer
Yes

Preparer

Firm
Bluebird Accounting Services LLC
Address
PO Box 535, Oconomowoc, WI 53066
Preparer
Kevin Kaszubowski CPA CGMA
Phone
4147045838
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Interest Income $1”

Other Expenses.1001

“Advertising and Promotion $164”

Other Expenses.1002

“Office Expenses $3063”

Other Expenses.1012

“Insurance $2115”

Other Expenses.1

“Contractors Materials $5418”

Other Expenses.2

“Bank Service Charges $2179”

Other Expenses.3

“Dues & Subscriptions $2127”

Other Expenses.4

“Miscellaneous $2069”

Other Expenses.5

“Penalties $185”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $13932 Accounts Payable and Accrued Expenses - Ending $19503”

Raw XML Appendix177 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/OfficerDirectorTrusteeEmplGrp/PersonNm2Kim Bovre
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jay Schneider
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017320
IRS990EZ/OtherRevenueTotalAmt01
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Academic classes in English & History for grades K through 12. Enrichment classes, hands-on science labs, and theater arts in drama and musicals. Program performances and summer camps for ages 8 to 18.
IRS990EZ/ProgramServiceRevenueAmt068149
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Academic classes in English and History for grades K through 12, Enrichment classes and hands-on science labs. All classes are approved for credit by Bridges Virtual Academy and other virtual schools for 165 students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Theater programs: Performance of theatrical productions to improve children's emotional intelligence and academic proficiency for 165 students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt077934
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt053677
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013932
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt019503
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt077934
IRS990EZ/TotalProgramServiceExpensesAmt077934
IRS990EZ/TotalRevenueAmt068150
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.brightrising.info
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025918
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011240
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt094915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt076047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0135734
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0167653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0542498
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01101
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01463
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0360
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02924
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0163115
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0179253
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0585616
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest Income $1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $164
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $3063
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors Materials $5418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Service Charges $2179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues & Subscriptions $2127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous $2069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Penalties $185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $13932 Accounts Payable and Accrued Expenses - Ending $19503
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Hudson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bright Rising Studio Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRIG
ReturnHeader/Filer/EIN0821875225
ReturnHeader/Filer/PhoneNum04145341627
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1341
ReturnHeader/Filer/USAddress/CityNm0Waukesha
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053187
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822038803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bluebird Accounting Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 535
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oconomowoc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053066
ReturnHeader/PreparerPersonGrp/PhoneNum04147045838
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kevin Kaszubowski CPA CGMA
ReturnHeader/ReturnTs02024-07-29T08:20:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-06-01
ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,111
Liabilities
$19,503
Net assets
$8,608
Revenue
$68,150
Expenses
$77,934
Net income
-$9,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.12$0.23$0.11$0.30$0.50$0.20
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.20$0.09$0.68$0.78$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.32$0.14$0.18$0.96$0.84$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.06$0.06$0.78$0.90$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.18$1.63$1.75$0.12
2020Summary only. Only limited summary data is available for this year.$0.51$0.21$1.79$1.70$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.25$1.09$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.13$1.08$0.05