Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 6.2% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Balance Sheet
Assets
Up$125,687
Up $77,645 (+162%) from 2020
Net Assets
Up$125,687
Up $77,645 (+162%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Up$161,415
Up $43,074 (+36%) from 2020
Expenses
Up$83,769
Up $13,470 (+19%) from 2020
Net Income
Up$77,646
Up $29,604 (+62%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Mar 31, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $171,005
Mission and Program Overview
Mission
Advancing the development of contemporary concert music and other forms of artistic expression through performance, audience engagement and nurturing emerging artists.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ADVANCING THE DEVELOPMENT OF CONTEMPORARY MUSIC AND OTHER FORMS OF ARTISTIC EXPRESSION THROUGH PERFORMANCE, AUDIENCE ENGAGEMENT AND NURTURING EMERGING ARTISTS. MANY INDIVIDUALS BENEFITED FROM OUR PROGRAMS. - OUR NFC AND FESTIVAL PROGRAMMING HAD 1,326 "LIVE" ATTENDEES AND 2,500 HAVE VIEWED THE ARCHIVED VIDEOS VIA YOUTUBE - OUR SOCIAL MEDIA ADS HAVE REACHED 153,292 PEOPLE WITH 3,463 CLICKS - OUR FACEBOOK VIDEOS HAVE BEEN VIEWED 1,701 TIMES | - | $65,517 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PETER ASKIM | Artistic Director | PT | $10,000 | - | $10,000 |
| GUY STORY | President | - | $0 | - | - |
| ANN GRIGG | Treasurer | - | $0 | - | - |
| LYDIA KONTOS | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Next Edge Arts Inc
- EIN
- 84-3535421
- Phone
- 8083935291
- Address
- 406 FRANK ST, RALEIGH, NC 27604
Signing Officer
- Name
- Peter Askim
- Title
- Artistic Director
- Phone
- 8083935291
- Signed
- 2022-03-31
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Rabon & Dailey Llp
- Address
- 131 WIND CHIME COURT SUITE A, RALEIGH, NC 27615
- Preparer
- Jill R Ruvidich
- Phone
- 9198440565
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising & promotion 936 social media 1,167 marketing/social media 17,289 public relations 3,500 accounting software 300 bank service charge 7 dues & subscriptions 85 office supplies 1,489 online storage 140 qb payment fees 95 paypal fees 34 meals 99 insurance 1,974 project expense 1,030 grant/foundation proposal 4,516 total 32,661”
Form 990-ez, Part II, Line 24
“Accounts receivable 965 50 total 965 50”
Form 990-ez, Part III
“Advancing the development of contemporary concert music and other forms of artistic expression through performance, audience engagement and nurturing emerging artists.”
Form 990-ez, Part III, Line 28
“Advancing the development of contemporary music and other forms of artistic expression through performance, audience engagement and nurturing emerging artists. Many individuals benefited from our programs. - our nfc and festival programming had 1,326 "live" attendees and 2,500 have viewed the archived videos via youtube - our social media ads have reached 153,292 people with 3,463 clicks - our facebook videos have been viewed 1,701 times”
Raw XML Appendix145 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PETER ASKIM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8083935291 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 406 FRANK ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27604 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 47076 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 125637 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 161404 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 9590 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 77646 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 51055 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 48041 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 125687 |
| IRS990EZ/GrossReceiptsAmt | 0 | 171005 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 11 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 48041 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 125687 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 48041 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 125687 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 10000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PETER ASKIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GUY STORY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANN GRIGG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LYDIA KONTOS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | ARTISTIC DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 965 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 50 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32661 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ADVANCING THE DEVELOPMENT OF CONTEMPORARY CONCERT MUSIC AND OTHER FORMS OF ARTISTIC EXPRESSION THROUGH PERFORMANCE, AUDIENCE ENGAGEMENT AND NURTURING EMERGING ARTISTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 53 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ADVANCING THE DEVELOPMENT OF CONTEMPORARY MUSIC AND OTHER FORMS OF ARTISTIC EXPRESSION THROUGH PERFORMANCE, AUDIENCE ENGAGEMENT AND NURTURING EMERGING ARTISTS. MANY INDIVIDUALS BENEFITED FROM OUR PROGRAMS. - OUR NFC AND FESTIVAL PROGRAMMING HAD 1,326 "LIVE" ATTENDEES AND 2,500 HAVE VIEWED THE ARCHIVED VIDEOS VIA YOUTUBE - OUR SOCIAL MEDIA ADS HAVE REACHED 153,292 PEOPLE WITH 3,463 CLICKS - OUR FACEBOOK VIDEOS HAVE BEEN VIEWED 1,701 TIMES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 65517 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 9590 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 83769 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 65517 |
| IRS990EZ/TotalRevenueAmt | 0 | 161415 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NEXT-FEST.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 161404 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 118339 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 279743 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 13 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 11 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 13 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 279743 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 161404 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 118339 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 279743 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 161415 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 118341 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 279756 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING & PROMOTION 936 SOCIAL MEDIA 1,167 MARKETING/SOCIAL MEDIA 17,289 PUBLIC RELATIONS 3,500 ACCOUNTING SOFTWARE 300 BANK SERVICE CHARGE 7 DUES & SUBSCRIPTIONS 85 OFFICE SUPPLIES 1,489 ONLINE STORAGE 140 QB PAYMENT FEES 95 PAYPAL FEES 34 MEALS 99 INSURANCE 1,974 PROJECT EXPENSE 1,030 GRANT/FOUNDATION PROPOSAL 4,516 TOTAL 32,661 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 965 50 TOTAL 965 50 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ADVANCING THE DEVELOPMENT OF CONTEMPORARY CONCERT MUSIC AND OTHER FORMS OF ARTISTIC EXPRESSION THROUGH PERFORMANCE, AUDIENCE ENGAGEMENT AND NURTURING EMERGING ARTISTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ADVANCING THE DEVELOPMENT OF CONTEMPORARY MUSIC AND OTHER FORMS OF ARTISTIC EXPRESSION THROUGH PERFORMANCE, AUDIENCE ENGAGEMENT AND NURTURING EMERGING ARTISTS. MANY INDIVIDUALS BENEFITED FROM OUR PROGRAMS. - OUR NFC AND FESTIVAL PROGRAMMING HAD 1,326 "LIVE" ATTENDEES AND 2,500 HAVE VIEWED THE ARCHIVED VIDEOS VIA YOUTUBE - OUR SOCIAL MEDIA ADS HAVE REACHED 153,292 PEOPLE WITH 3,463 CLICKS - OUR FACEBOOK VIDEOS HAVE BEEN VIEWED 1,701 TIMES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PETER ASKIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ARTISTIC DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8083935291 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-03-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEXT EDGE ARTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEXT |
| ReturnHeader/Filer/EIN | 0 | 843535421 |
| ReturnHeader/Filer/PhoneNum | 0 | 8083935291 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 406 FRANK ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27604 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561761295 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RABON & DAILEY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 131 WIND CHIME COURT SUITE A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27615 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9198440565 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-03-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JILL R RUVIDICH |
| ReturnHeader/ReturnTs | 0 | 2022-04-12T10:37:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | PETER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ASKIM |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $125,687
- Liabilities
- $0
- Net assets
- $125,687
- Revenue
- $161,415
- Expenses
- $83,769
- Net income
- $77,646