Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 31.7% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$8,437
No earlier filing loaded for comparison.
Net Assets
$7,419
No earlier filing loaded for comparison.
Liabilities
$1,018
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$81,212
No earlier filing loaded for comparison.
Expenses
$73,793
No earlier filing loaded for comparison.
Net Income
$7,419
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Oct 14, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $81,212
Mission and Program Overview
Mission
Arts business collaborative, inc is a technical assistance and research organization with a mission to improve quality of life for people of color through the arts and "stem" science, technology, engineering, and mathematics. These services focus on the underlying factors that impede their creative and professional endeavors: access to capital, networks, and training. Abc aims to systemically improve the quality of life in communities of color through two main services: the grassroots action project and the rising tides research institute. The organization supported primarily through contributions from the public and private grants.
Help build the financial programmatic and strategic infastructure of non profits.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Grassroots Action Project/Impact Consulting- Grassroots Action Project is a capacity-building ecosystem that promotes workforce development and economic growth in communities of color. In 2019 it served 34 Nonprofits and Social Enterprises providing Grantwriting and Financial Planning Consulting to strenghten the capacity of non profits. | $27,414 | - |
| Rising Tides contributes to scholarly research on arts-based interventions, arts audience development, and the relationship between the arts and people of color-owned businesses in communities of color. Projects for Rising Tides are underway in 2020. | $250 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kat Bloomfield | CEO | FT | $25,777 | - | $25,777 |
Filing and Contact Details
Filer
- Filer Name
- Arts Business Collaborative Inc
- EIN
- 83-2173068
- Phone
- 7813756968
- Address
- PO Box 296, Elmhurst, NY 11380
Signing Officer
- Name
- Katlyn Bloomfield
- Title
- CEO
- Signed
- 2020-10-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- New Gen Financial
- Address
- 680 Sterling Pl, Brooklyn, NY 11216
- Preparer
- Alicia Jegede CPA
- Phone
- 6463224802
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $1063”
Other Expenses.1002
“Office Expenses $7193”
Other Expenses.1005
“Travel $4837”
Other Expenses.1012
“Insurance $217”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2500”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1018”
Raw XML Appendix131 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/WebsiteAddressTxt | 0 | N/A |
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| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
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| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | Elmhurst |
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| ReturnHeader/ReturnTs | 0 | 2020-10-14T10:42:40-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $8,437
- Liabilities
- $1,018
- Net assets
- $7,419
- Revenue
- $81,212
- Expenses
- $73,793
- Net income
- $7,419