Civic Intelligence

The Nicholson Project

990 • Fiscal year 2021 • EIN 83-3790431

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

2310 Nicholson St SEWashington, DC 20020

(703) 598-2420

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

49th percentile

7.9%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$43,750

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

83rd percentile

62%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

68th percentile

32%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Assets

Up

$71,474

Up $44,252 (+163%) from 2019

Net Assets

$71,474

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$292,645

Up $124,780 (+74%) from 2019

Expenses

Up

$269,501

Up $128,858 (+92%) from 2019

Net Income

Down

$23,144

Down $4,078 (-15%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $27,222Liabilities 2019: $02019Assets 2021: $71,474Liabilities 2021: $0Net Assets 2021: $71,4742021Assets 2022: $199,640Liabilities 2022: $0Net Assets 2022: $199,6402022Assets 2023: $308,893Liabilities 2023: $1,000Net Assets 2023: $307,8932023Assets 2024: $447,183Liabilities 2024: $89,025Net Assets 2024: $358,1582024

Highlighted filing

2021

Assets$71,474
Liabilities$0
Net Assets$71,474

Operations Trend

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

$600K$400K$200K$0Revenue 2019: $167,865Expenses 2019: $140,643Net Income 2019: $27,2222019Revenue 2021: $292,645Expenses 2021: $269,501Net Income 2021: $23,1442021Revenue 2022: $573,722Expenses 2022: $444,504Net Income 2022: $129,2182022Revenue 2023: $539,906Expenses 2023: $431,653Net Income 2023: $108,2532023Revenue 2024: $344,773Expenses 2024: $294,509Net Income 2024: $50,2642024

Highlighted filing

2021

Revenue$292,645
Expenses$269,501
Net Income$23,144
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$292,645
Mission and Program Overview

Mission

The Nicholson Project is an artist residency program coupled with a neighborhood garden that works to support artists and serve as a creative and innovative cultural hub.

The Nicholson Project is an artist residency program coupled with a neighborhood garden in a food desert that works to support artists and serve as a creative and innovative cultural hub.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,206$33,264▲ $13,058
Land, Buildings, and Equipment, Net$900$3,794▲ $2,894
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$48,328$71,474▲ $23,146
Other Assets Total$27,222$34,416▲ $7,194
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,328$71,474▲ $23,146
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$48,328$71,474▲ $23,146
Total Liabilities and Net Assets / Fund Balance$48,328$71,474▲ $23,146

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$3,794$0$0
Leasehold Improvements$0$0$0
Other Assets Org$233--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Allison NanceManaging DirectorFT$43,750$43,750

Board Members and Trustees

NameTitle
Stefanie ReiserExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$292,645
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$157,200
Change in Net Assets
$23,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,217
Salaries, Compensation, and Employee Benefits$51,284
Total Fundraising Expense$2,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$31,930$25,854$0$57,784
Current Officers, Directors, Trustees, and Key Employees$0$47,917$0$47,917
Fees for Services Management$32,988$6,218$2,775$41,981
Occupancy$0$16,500$0$16,500
All Other Expenses$2,242$9,785$0$12,027
Fees for Services Accounting$0$10,628$0$10,628
Other Expenses$8,467$74$0$8,541
Insurance$0$7,243$0$7,243
Fees for Services Legal$0$7,137$0$7,137
Advertising$1,710$5,297$0$7,007
Payroll Taxes$0$3,367$0$3,367
Office Expenses$131$2,957$0$3,088
Travel$0$737$0$737
Total Functional Expenses$112,731$153,995$2,775$269,501
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
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 bookkeeper creates the 990 and it has not previously been reviewed other than by the bookkeeper.

Form 990, Part VI, Section C, Line 19

The Nicholson Project is registered under Guidestar online, in which some documents are available for viewing. Otherwise, all documents are available upon request. Guidestar also lists the contact information for these documents.

Filing and Contact Details

Filer

Filer Name
The Nicholson Project
EIN
83-3790431
Phone
7035982420
Address
2310 Nicholson St SE, Washington, DC 20020

Signing Officer

Name
Stefanie Reiser
Title
Executive Director
Phone
7035982420
Signed
2022-05-16

Organization Details

Principal Officer
Stefanie Reiser
Formed
2019
Legal Domicile
Dc
Voting Board Members
0
Independent Board Members
0
Employees
1
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Expenses 2619.40 grants 0.00 revenue 0.00 The Digital Residency is a paid 1-week residency, shared on our Instagram account and archived in the Highlights. Artists share their inspiration, studio practice, and a final culminating work is unveiled at the end of the week. In 2021 we featured five artists musicians, fashion designers, painters, and more--including Nicole Crowder, Dior Ashley Brown, Jabari Jefferson, Denisio Truitt, and the band Black Folks Don't Swim. Expenses 5526.23 grants 0.00 revenue 0.00 MOAAA Grant 1,000 Words Project Through a grant from the Mayors Office of African American Affairs, The Nicholson Project and partner with Melani N. Douglass to present 1,000 Words, a collaborative project which aimed to create portraits of community wisdom and expertise about the art of home and garden. This project celebrated wisdom as fine art while documenting the expertise of the everyday. The 1,000 Words exhibition was comprised of video interviews, photographs, and wisdom sharing with Geo Edwards, herbalist and Nicholson's Farmer in Residence, Dr. Martina Washington, founder of New Life Wellness Center, and Samaria King and Malka Roth, founders of DC Mutual Aid Apothecary. Expenses 2516.53 grants 0.00 revenue 0.00 TNP Dialogues is a space for the art community to gather and share our resources and experiences. These conversations facilitate and provide space for meaningful conversations in our gallery and garden. In 2021, during Covid, we hosted two of these conversations virtually. The first, Legacy and Storytelling, featured Baltimore based creators Savannah Wood and Bilphena Yahwon whose work is often influenced by history. In this conversation, they shared how they use archival practices to uncover obscured stories and explore familial lineages. The second, The World According to Black Music, was inspired by the work of Black cultural critic and scholar Paul Gilroy, and centered the voices of three Black DCarea musicians, Yaya Bey, Brent Birckhead, and Lorenzo Zo Ferguson. The conversation featured the artists reflecting on how they understand Black music as a space of refuge and transformation, and the lineages/traditions they feel connected to and in conversation with. The World According to Black Music considered Bey, Birckhead, and Ferguson's respective work and the ways they pivot toward joy, and the spirit of resistance and its importance to approaches to their craft. The conversation was conceived and moderated by New York-based curator and multidisciplinary artist Niama Safia Sandy. Expenses 13437.57 grants 0.00 Revenue 0.00 The Nicholson Project's Teen Artist Residency is an art and social practice geared program for students 14-18 years old. Participants have the opportunity to create socially engaged work with an artist mentor. In its inaugural year, in 2021 our ten teen residents had direct access to Nicholson's garden while exploring the art of the natural world and contemporary social practice while building their own unique artistic vision. They also gained insight into their practice from working artists and art community members. The skills that they gain from the residency will culminate in a final exhibition on view at The Nicholson Project gallery.

Form 990, Part IX, Line 11G

Contractors - general operational - 7200 Communications assistant - 18654.25 Curator of Art Programs - 5600 Farmer in Residence - 11669.00 Teaching Artists - 8000 Other - 6661.23

Financial Statement Notes

Schedule D, Part III, Line 4

The Nicholson Project houses a small collection of commissioned and purchased art pieces and installations for permanent display. These artworks are showcased for public education during operating hours, and one was created with local youth in the District.

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0The Nicholson Project engaged architects INTEC Group to lead the planning process for redesign/renovations of our outdoor spaces, specifically focusing on the garage at the back of our property and how it connects to the empty driveway that creates an L shape connecting to the residency house and runs alongside the garden.The architects participated in community stakeholder meetings facilitated by The Nicholson Project staff and leadership, both in-person and virtual to gather feedback and ideas from our direct neighbors, community members, and the broader artistic community including artists and arts administrators from Southeast and across the City. In addition to these stakeholder meetings, we also solicited feedback from our farmer-in-residence and the prior garden managers so that the staff and architects could have a fuller understanding of how to bridge the garden and artistic spaces, and how what works and what could be improved upon as far as how the community currently interacts with our outdoor spaces. From those meetings, they presented two design concepts incorporating the feedback from stakeholders and the identified needs, requirements, and uses from staff--from which, staff and board selected a plan that would provide the most flexibility for the type of activities we will be able to use the garage for. Flexible space will provide opportunities for larger studio and artmaking space, classroom activities for both art making and garden-based workshops, performances, and more, as well as storage for both the garden and for tables, chairs, and bulkier art supplies.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Nicholson Project residency and gallery facility connects with ample outdoor space which includes a 15-bed organic garden, an open yard space ideal for community gatherings, and a rundown garage we are currently renovating in phases that will be completed in 2023 to be used as a flexible classroom, studio, and garden storage space. As our primary community access point, the garden has allowed us to engage with our neighbors, even during the pandemic, through outdoor activities such as our Juneteenth celebration, and by providing thousands of servings of free produce to an area designated as a food desert. In 2021 we brought on our first Farmer-in-residence to oversee the planting, food distribution, and artistic programs that incorporate the garden; between May-September, we presented a series of seven free outdoor art and garden-focused workshops. Envisioned as a central point of engagement with our community, our garden offers a unique opportunity for programming at The Nicholson Project around the intersection of the arts, farming, and the natural world.
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