Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 9.3% of source-year revenue.
Asset Growth
52nd percentile
Faster asset growth than 52% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Assets
Up$127,291
Up $1,604 (+1.3%) from 2021
Net Assets
Up$125,791
Up $104 (+0.1%) from 2021
Liabilities
Up$1,500
Up $1,500 from 2021
Revenue
Up$161,602
Up $187 (+0.1%) from 2021
Expenses
Up$161,499
Up $77,730 (+93%) from 2021
Net Income
Down$103
Down $77,543 (-100%) from 2021
Advancing the development of contemporary concert music and other forms of artistic expression through performance, audience engagement and nurturing emerging artists.
| 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 20 FELLOWS BENEFITED FROM IN PERSON MULTI-WEEK EXPERIENCE CONSISTING OF PERFORMANCES, INDIVIDUAL LESSONS, COACHINGS, WORKSHOPS AND MASTERCLASSES. - OUR CONCERTS HAD 121 "LIVE" ATTENDEES - OUR ARCHIVED VIDEOS HAVE BEEN VIEWED 9.7 THOUSAND TIMES VIA YOUTUBE - OUR SOCIAL MEDIA ADS HAVE RECEIVED 77,160 IMPRESSIONS WITH 3,183 CLICKS - OUR FACEBOOK VIDEOS HAVE BEEN VIEWED 10.9 THOUSAND TIMES | - | $134,111 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PETER ASKIM | Artistic Director | PT | $15,000 | - | $15,000 |
| GUY STORY | President | - | $0 | - | - |
| ANN GRIGG | Treasurer | - | $0 | - | - |
| LYDIA KONTOS | Secretary | - | $0 | - | - |
“Expenses advertising & promotion 392 social media 1,594 marketing/promotion 1,155 public relations 486 development 3,159 marketing/social media 18,938 accounting software 330 bank service charge 627 dues & subscriptions 292 office supplies 2,199 online storage 120 qb payment fees 37 paypal fees 2 food & beverage 209 meals 184 meals-students & artists 2,950 meals & entertainment 1,769 parking 26 meals 40 subway fare 23 travel-artist reimburse 592 travel-student reimburse 118 taxi 92 gasoline 211 insurance 2,234 total 37,779”
“Accounts receivable 50 25,460 prepaid expenses and deferred charges 0 2,310 total 50 27,770”
“Accounts payable and accrued expenses 0 1,500”
“Advancing the development of contemporary concert music and other forms of artistic expression through performance, audience engagement and nurturing emerging artists.”
“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 20 fellows benefited from in person multi-week experience consisting of performances, individual lessons, coachings, workshops and masterclasses. - our concerts had 121 "live" attendees - our archived videos have been viewed 9.7 thousand times via youtube - our social media ads have received 77,160 impressions with 3,183 clicks - our facebook videos have been viewed 10.9 thousand times”
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 | 125638 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 99521 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 155417 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 103 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 100590 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 125688 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 127291 |
| IRS990EZ/GrossReceiptsAmt | 0 | 161602 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 19 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 125688 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 125791 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 125688 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 125791 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 22329 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 15000 |
| 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 | 50 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 27770 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37779 |
| 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 | 801 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 6166 |
| 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 20 FELLOWS BENEFITED FROM IN PERSON MULTI-WEEK EXPERIENCE CONSISTING OF PERFORMANCES, INDIVIDUAL LESSONS, COACHINGS, WORKSHOPS AND MASTERCLASSES. - OUR CONCERTS HAD 121 "LIVE" ATTENDEES - OUR ARCHIVED VIDEOS HAVE BEEN VIEWED 9.7 THOUSAND TIMES VIA YOUTUBE - OUR SOCIAL MEDIA ADS HAVE RECEIVED 77,160 IMPRESSIONS WITH 3,183 CLICKS - OUR FACEBOOK VIDEOS HAVE BEEN VIEWED 10.9 THOUSAND TIMES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 134111 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1500 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 161499 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 134111 |
| IRS990EZ/TotalRevenueAmt | 0 | 161602 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NEXT-FEST.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 155417 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 161404 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 118339 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 435160 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 32 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 6166 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 6166 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 19 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 11 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 32 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 441326 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 161583 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 161404 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 118339 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 441326 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 161602 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 161415 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 118341 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 441358 |
| 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 392 SOCIAL MEDIA 1,594 MARKETING/PROMOTION 1,155 PUBLIC RELATIONS 486 DEVELOPMENT 3,159 MARKETING/SOCIAL MEDIA 18,938 ACCOUNTING SOFTWARE 330 BANK SERVICE CHARGE 627 DUES & SUBSCRIPTIONS 292 OFFICE SUPPLIES 2,199 ONLINE STORAGE 120 QB PAYMENT FEES 37 PAYPAL FEES 2 FOOD & BEVERAGE 209 MEALS 184 MEALS-STUDENTS & ARTISTS 2,950 MEALS & ENTERTAINMENT 1,769 PARKING 26 MEALS 40 SUBWAY FARE 23 TRAVEL-ARTIST REIMBURSE 592 TRAVEL-STUDENT REIMBURSE 118 TAXI 92 GASOLINE 211 INSURANCE 2,234 TOTAL 37,779 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 50 25,460 PREPAID EXPENSES AND DEFERRED CHARGES 0 2,310 TOTAL 50 27,770 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ADVANCING THE DEVELOPMENT OF CONTEMPORARY CONCERT MUSIC AND OTHER FORMS OF ARTISTIC EXPRESSION THROUGH PERFORMANCE, AUDIENCE ENGAGEMENT AND NURTURING EMERGING ARTISTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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 20 FELLOWS BENEFITED FROM IN PERSON MULTI-WEEK EXPERIENCE CONSISTING OF PERFORMANCES, INDIVIDUAL LESSONS, COACHINGS, WORKSHOPS AND MASTERCLASSES. - OUR CONCERTS HAD 121 "LIVE" ATTENDEES - OUR ARCHIVED VIDEOS HAVE BEEN VIEWED 9.7 THOUSAND TIMES VIA YOUTUBE - OUR SOCIAL MEDIA ADS HAVE RECEIVED 77,160 IMPRESSIONS WITH 3,183 CLICKS - OUR FACEBOOK VIDEOS HAVE BEEN VIEWED 10.9 THOUSAND 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 II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| 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 | 2023-04-27 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| 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 | 2023-04-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JILL R RUVIDICH |
| ReturnHeader/ReturnTs | 0 | 2023-05-02T18:21:54-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | PETER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ASKIM |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.