Civic Intelligence

Speedwell Projects

990EZ • Fiscal year 2020 • EIN 82-4089115

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 29, 2021

Organization Profilewww.speedwellprojects.com
298 Mitchell RoadCape Elizabeth, ME 04107

(818) 599-3233

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

63rd percentile

15%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$23,328

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

84th percentile

68%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-23%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$43,481

Up $17,565 (+68%) from 2019

Net Assets

$43,481

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin63rd percentile

Revenue

Down

$119,541

Down $35,725 (-23%) from 2019

Expenses

Down

$101,976

Down $27,374 (-21%) from 2019

Net Income

Down

$17,565

Down $8,351 (-32%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$150K$100K$50K$0Assets 2019: $25,916Liabilities 2019: $02019Assets 2020: $43,481Liabilities 2020: $0Net Assets 2020: $43,4812020Assets 2021: $62,353Liabilities 2021: $3,734Net Assets 2021: $58,6192021Assets 2022: $89,319Liabilities 2022: $1,832Net Assets 2022: $87,4872022Assets 2023: $113,744Liabilities 2023: $20,427Net Assets 2023: $93,3172023Assets 2024: $48,991Liabilities 2024: $3,611Net Assets 2024: $45,3802024

Highlighted filing

2020

Assets$43,481
Liabilities$0
Net Assets$43,481
Open 2020 Filing

Operations Trend

Revenue Growth42nd percentile

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

$200K$100K$0-$100KRevenue 2019: $155,266Expenses 2019: $129,350Net Income 2019: $25,9162019Revenue 2020: $119,541Expenses 2020: $101,976Net Income 2020: $17,5652020Revenue 2021: $118,058Expenses 2021: $102,920Net Income 2021: $15,1382021Revenue 2022: $193,226Expenses 2022: $164,358Net Income 2022: $28,8682022Revenue 2023: $190,977Expenses 2023: $185,147Net Income 2023: $5,8302023Revenue 2024: $131,474Expenses 2024: $179,411Net Income 2024: -$47,9372024

Highlighted filing

2020

Revenue$119,541
Expenses$101,976
Net Income$17,565
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 29, 2021
Return Version
2020v4.1
Gross Receipts
$127,414
Mission and Program Overview

Mission

SPEEDWELL projects was founded in 2015 with the primary mission to support the work of master practitioners of the arts, but whose work was not receiving the attention it deserved in the world of commercial galleries and museums.

Program Services

DescriptionGrantsExpenses
Through comprehensive solo exhibitions, short documentaries, public programming, artists' talks and conversations with critics, critical reviews and collaboration with other arts organizations, SPEEDWELL is working to correct the invisibility for this group of master practitioners. By shining a light on the work of women, people of color and LGBTQ+ artists we are working to make a necessary historic correction.$57,335$130,183
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOCELYN LEEPresidentFT$23,328-$23,328
ERIN HUTTONSecretaryFT$3,935-$3,935
BRIAN URQUHARTTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$46,943$46,943$7,176$39,767
Total Events$46,943$46,943$7,873$39,070
Filing and Contact Details

Filer

Filer Name
Speedwell Projects
EIN
82-4089115
Phone
8185993233
Address
298 Mitchell Road, Cape Elizabeth, ME 04107

Signing Officer

Name
Brian Urquhart
Title
Treasurer
Phone
8185993233
Signed
2021-04-29
Discuss with paid preparer
Yes

Preparer

Firm
Pgm LLC
Address
319 Main Street, Biddeford, ME 04005
Phone
2074155714
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: reimbursements. Amount: 1972.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Advertising. Amount: 7825. Description: Artist commissions. Amount: 4487. Description: Bank fees. Amount: 1688. Description: Cleaning. Amount: 789. Description: Supplies. Amount: 1894. Description: Exhibition expense. Amount: 3195. Description: Insurance. Amount: 1211. Description: Misc.. Amount: 147. Description: Taxes. Amount: 4100. Description: Computer. Amount: 3223. Total to Form 990-EZ, line 16: 28559.”

Raw XML Appendix171 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/TitleTxt0SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt028559
IRS990EZ/OtherRevenueTotalAmt01972
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/PrintingPublicationsPostageAmt0631
IRS990EZ/ProgramServiceRevenueAmt010060
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Through comprehensive solo exhibitions, short documentaries, public programming, artists' talks and conversations with critics, critical reviews and collaboration with other arts organizations, SPEEDWELL is working to correct the invisibility for this group of master practitioners. By shining a light on the work of women, people of color and LGBTQ+ artists we are working to make a necessary historic correction.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt057335
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt056703
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: reimbursements. Amount: 1972.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Advertising. Amount: 7825. Description: Artist commissions. Amount: 4487. Description: Bank fees. Amount: 1688. Description: Cleaning. Amount: 789. Description: Supplies. Amount: 1894. Description: Exhibition expense. Amount: 3195. Description: Insurance. Amount: 1211. Description: Misc.. Amount: 147. Description: Taxes. Amount: 4100. Description: Computer. Amount: 3223. Total to Form 990-EZ, line 16: 28559.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/Filer/EIN0824089115
ReturnHeader/Filer/PhoneNum08185993233
ReturnHeader/Filer/USAddress/AddressLine1Txt0298 Mitchell Road
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004005
ReturnHeader/PreparerPersonGrp/PhoneNum02074155714
ReturnHeader/ReturnTs02021-04-29T15:32:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brian
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Urquhart
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,481
Liabilities
$0
Net assets
$43,481
Revenue
$119,541
Expenses
$101,976
Net income
$17,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.04$0.45$1.31$1.79$0.48
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.20$0.93$1.91$1.85$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.02$0.87$1.93$1.64$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.59$1.18$1.03$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$1.20$1.02$0.18
2019Summary only. Only limited summary data is available for this year.$0.26$0.00$1.55$1.29$0.26