Civic Intelligence

Arctic Arts Project

990 • Fiscal year 2022 • EIN 83-3054178

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

1143 Auraria Parkway Ste 106 106Denver, CO 80204

(303) 817-1294

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

78th percentile

32%

Faster asset growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

373%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$387,743

Up $94,560 (+32%) from 2021

Net Assets

Up

$376,746

Up $94,389 (+33%) from 2021

Liabilities

Up

$10,997

Up $171 (+1.6%) from 2021

Revenue

Up

$277,127

Up $218,548 (+373%) from 2021

Expenses

Up

$182,738

Up $141,326 (+341%) from 2021

Net Income

Up

$94,389

Up $77,222 (+450%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $265,190Liabilities 2020: $0Net Assets 2020: $265,1902020Assets 2021: $293,183Liabilities 2021: $10,826Net Assets 2021: $282,3572021Assets 2022: $387,743Liabilities 2022: $10,997Net Assets 2022: $376,7462022Assets 2023: $273,541Liabilities 2023: $18,850Net Assets 2023: $254,6912023Assets 2024: $308,980Liabilities 2024: $9,977Net Assets 2024: $299,0032024

Highlighted filing

2022

Assets$387,743
Liabilities$10,997
Net Assets$376,746

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $8,000Expenses 2020: $1,950Net Income 2020: $6,0502020Revenue 2021: $58,579Expenses 2021: $41,412Net Income 2021: $17,1672021Revenue 2022: $277,127Expenses 2022: $182,738Net Income 2022: $94,3892022Revenue 2023: $74,601Expenses 2023: $122,258Net Income 2023: -$47,6572023Revenue 2024: $214,861Expenses 2024: $166,665Net Income 2024: $48,1962024

Highlighted filing

2022

Revenue$277,127
Expenses$182,738
Net Income$94,389
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$277,127
Mission and Program Overview

Mission

The mission of the arctic arts project is to educate the world through a visual understanding of climate change and the solutions and adaptations we need to survive. Through impactful imagery, backed by sound science and dedication, we educate the world and create a new path to a sustainable future.immersive documentation on the science of climate change teaches truth. The arctic arts project reveals to the world what is happening now and how it is relevant to the human existence. Climate chaos is the biggest environmental threat humanity has ever faced. The arctic arts project is working with individuals, communities, businesses, and policy makers to inspire, educate and promote action surrounding climate change.

The mission of the arctic arts project is to educate the world through a visual understanding of climate change and the solutions and adaptations we need to survive. Through impactful imagery, backed by sound science and dedication, we educate the world and create a new path to a sustainable future. Immersive documentation on the science of climate change teaches truth. The arctic arts project reveals to the world what is happening now and how it is relevant to the human existence. Climate chaos is the biggest environmental threat humanity has ever faced. The arctic arts project is working with individuals, communities, businesses, and policy makers to inspire, educate and promote action surrounding climate change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$53,141-
Other Notes and Loans Receivable, Net-$42,533-
Cash and Non-Interest-Bearing Accounts$31,821$31,262▼ $559
Land, Buildings, and Equipment, Net$2,222$1,667▼ $555
Total Assets$293,183$387,743▲ $94,560
Other Assets Total$259,140$259,140→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,826$10,997▲ $171
Total Liabilities$10,826$10,997▲ $171
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$282,357$376,746▲ $94,389
Total Net Assets Fund Balance$282,357$376,746▲ $94,389
Total Liabilities and Net Assets / Fund Balance$293,183$387,743▲ $94,560

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,667$1,110$2,777
Other Assets Org$259,140--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce VaughnBoard Member
Joe BoyerBoard Member
Kerry KoeppingExecutive Director
Andrea SparrowExecutive Producer
Revenue and Support

Revenue Composition

Contributions and Grants
$166,386
Program Service Revenue
$107,653
Investment Income
$0
Other Revenue
$3,088
All Other Contributions
$166,386
Change in Net Assets
$94,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$14,551$139-$14,690
Other Expenses$6,486$8,531-$6,486
Fees for Services Other$6,095--$6,095
Fees for Services Legal-$5,142-$5,142
Insurance$1,588$544-$2,132
Office Expenses-$2,106-$2,106
Fees for Services Accounting-$1,355-$1,355
Interest-$975-$975
Conferences and Meetings-$562-$562
Depreciation Depletion$555--$555
Information Technology-$347-$347
Total Functional Expenses$163,037$19,701$0$182,738
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board and executive director will review the return prior to filing of the information return.

Form 990, Part VI, Section B, Line 12

To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the corporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section B, Line 15B

Directors as such shall not receive any salaries or other compensation for their services; but anything herein contained shall not be construed to preclude any director from receiving reimbursement for travel expenses and other out of pocket expenses (to the extent actually incurred for board meetings or other corporation business) or serving the corporation in any other capacity and receiving compensation therefor. 1. A voting member of the board of directors who receives compensation, directly or indirectly, from the corporation for services is precluded from voting on matters pertaining to that member's compensation. 2. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the corporation for services is precluded from voting on matters pertaining to that member's compensation. 3. No voting member of the board of directors or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the corporation, either individually or collectively, is prohibited from providing information to any committee regarding compensation.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request for the same period of disclosure as set forth in irc section 6104(d).

Filing and Contact Details

Filer

Filer Name
Arctic Arts Project
EIN
83-3054178
Phone
3038171294
Address
1143 AURARIA PARKWAY STE 106 106, DENVER, CO 80204

Signing Officer

Name
Kerry Koepping
Title
Executive Director
Phone
3038141294
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerry Koepping
Formed
2019
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
42

Preparer

Firm
Causey Demgen & Moore Pc
Address
1099 18TH ST STE 2300, DENVER, CO 80202-1939
Preparer
Jamey Camp-cavanaugh
Phone
3032962229
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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/ExplanationTxt0THE BOARD AND EXECUTIVE DIRECTOR WILL REVIEW THE RETURN PRIOR TO FILING OF THE INFORMATION RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS AS SUCH SHALL NOT RECEIVE ANY SALARIES OR OTHER COMPENSATION FOR THEIR SERVICES; BUT ANYTHING HEREIN CONTAINED SHALL NOT BE CONSTRUED TO PRECLUDE ANY DIRECTOR FROM RECEIVING REIMBURSEMENT FOR TRAVEL EXPENSES AND OTHER OUT OF POCKET EXPENSES (TO THE EXTENT ACTUALLY INCURRED FOR BOARD MEETINGS OR OTHER CORPORATION BUSINESS) OR SERVING THE CORPORATION IN ANY OTHER CAPACITY AND RECEIVING COMPENSATION THEREFOR. 1. A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. 2. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. 3. NO VOTING MEMBER OF THE BOARD OF DIRECTORS OR ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0107653
IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0110741
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0277127
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt042
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IRS990/USAddress/AddressLine1Txt01143 AURARIA PARKWAY STE 106 106
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080204
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://WWW.ARCTICARTSPROJECT.COM/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KERRY KOEPPING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03038141294
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARCTIC ARTS PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0ARCT
ReturnHeader/Filer/EIN0833054178
ReturnHeader/Filer/PhoneNum03038171294
ReturnHeader/Filer/USAddress/AddressLine1Txt01143 AURARIA PARKWAY STE 106 106
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841158905
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAUSEY DEMGEN & MOORE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01099 18TH ST STE 2300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0802021939
ReturnHeader/PreparerPersonGrp/PhoneNum03032962229
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMEY CAMP-CAVANAUGH
ReturnHeader/ReturnTs02023-11-10T16:04:50-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KOEPPING
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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