Civic Intelligence

Arctic Arts Project

990 • Fiscal year 2023 • EIN 83-3054178

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 01, 2024

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

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

8th percentile

-64%

Higher net margin than 8% 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

18th percentile

-29%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

6th percentile

-73%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Down

$273,541

Down $114,202 (-29%) from 2022

Net Assets

Down

$254,691

Down $122,055 (-32%) from 2022

Liabilities

Up

$18,850

Up $7,853 (+71%) from 2022

Revenue

Down

$74,601

Down $202,526 (-73%) from 2022

Expenses

Down

$122,258

Down $60,480 (-33%) from 2022

Net Income

Down

-$47,657

Down $142,046 (-150%) from 2022

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

2023

Assets$273,541
Liabilities$18,850
Net Assets$254,691

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

2023

Revenue$74,601
Expenses$122,258
Net Income-$47,657
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 1, 2024
Return Version
2023v5.1
Gross Receipts
$80,005
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$31,262$13,290▼ $17,972
Land, Buildings, and Equipment, Net$1,667$1,111▼ $556
Total Assets$387,743$273,541▼ $114,202
Other Assets Total$259,140$259,140→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,997$18,850▲ $7,853
Total Liabilities$10,997$18,850▲ $7,853
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$312,482$232,184▼ $80,298
Net Assets With Donor Restrictions$64,264$22,507▼ $41,757
Total Net Assets Fund Balance$376,746$254,691▼ $122,055
Total Liabilities and Net Assets / Fund Balance$387,743$273,541▼ $114,202

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,111$1,666$2,777
Other Assets Org$259,140--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$72,311
Program Service Revenue
$1,044
Investment Income
$0
Other Revenue
$1,246
All Other Contributions
$69,261
Change in Net Assets
$-47,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,258
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$34,443--$34,443
Information Technology$2,088--$2,088
Office Expenses$119$1,920-$2,039
Fees for Services Accounting-$1,705-$1,705
Other Expenses$1,604$9,571-$1,604
Insurance$106$693-$799
Fees for Services Legal-$756-$756
Depreciation Depletion$555--$555
Interest-$545-$545
Fees for Services Other$280--$280
Total Functional Expenses$107,068$15,190$0$122,258
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,000
Fundraising Direct Expenses$5,404
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 12C

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
2024-07-01
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
43

Preparer

Firm
Causey Demgen & Moore Pc
Address
1099 18TH ST STE 2300, DENVER, CO 80202-1939
Preparer
Jamey Camp-cavanaugh
Phone
3032962229
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Adjustments to restricted assets -41,757.

Raw XML Appendix371 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0166386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0304815
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0304815
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0166386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt058118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0304815
IRS990ScheduleA/TotalSupportAmt0304815
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01111
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01666
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02777
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0259140
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MEDIA LIBRARY ARCHIVE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01111
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0259140
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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/ExplanationTxt4ADJUSTMENTS TO RESTRICTED ASSETS -41,757.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0387743
IRS990/TotalAssetsEOYAmt0273541
IRS990/TotalAssetsGrp/BOYAmt0387743
IRS990/TotalAssetsGrp/EOYAmt0273541
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt072311
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015190
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0107068
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122258
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010997
IRS990/TotalLiabilitiesEOYAmt018850
IRS990/TotalLiabilitiesGrp/BOYAmt010997
IRS990/TotalLiabilitiesGrp/EOYAmt018850
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0376746
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0254691
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0107068
IRS990/TotalProgramServiceRevenueAmt01044
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0596
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01694
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt074601
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt043
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0387743
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0273541
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt034443
IRS990/TravelGrp/TotalAmt034443
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KERRY KOEPPING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03038141294
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-01
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/PreparationDt02024-07-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMEY CAMP-CAVANAUGH
ReturnHeader/ReturnTs02024-07-01T18:10:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KOEPPING
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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