Civic Intelligence

Equity Arc

EIN 85-2618740 • 501(c)3 • Cincinnati, OH

Pub. 78 Eligible990-N Coverage

Profile

The national instrumentalist mentoring and advancement network is a coalition charged by its diverse membership of local and national organizations to align, promote, and develop equitable opportunities for aspiring classical musicians from underrepresented ethnicities.

1241 Elm StreetCincinnati, OH 45202

www.niman.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

73rd percentile

$116,142

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

93rd percentile

75%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

88th percentile

73%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,752,326

Up $750,002 (+75%) from 2024

Liabilities

Down

$17,190

Down $4,901 (-22%) from 2024

Net Assets

Up

$1,735,136

Up $754,903 (+77%) from 2024

Revenue

Up

$1,805,991

Up $762,479 (+73%) from 2024

Expenses

Up

$1,051,088

Up $525,527 (+100%) from 2024

Net Income

Up

$754,903

Up $236,952 (+46%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2022: $119,313Liabilities 2022: $8,743Net Assets 2022: $110,5702022Assets 2023: $463,394Liabilities 2023: $1,112Net Assets 2023: $462,2822023Assets 2024: $1,002,324Liabilities 2024: $22,091Net Assets 2024: $980,2332024Assets 2025: $1,752,326Liabilities 2025: $17,190Net Assets 2025: $1,735,1362025

Highlighted filing

2025

Assets$1,752,326
Liabilities$17,190
Net Assets$1,735,136

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2022: $215,410Expenses 2022: $128,108Net Income 2022: $87,3022022Revenue 2023: $647,423Expenses 2023: $295,711Net Income 2023: $351,7122023Revenue 2024: $1,043,512Expenses 2024: $525,561Net Income 2024: $517,9512024Revenue 2025: $1,805,991Expenses 2025: $1,051,088Net Income 2025: $754,9032025

Highlighted filing

2025

Revenue$1,805,991
Expenses$1,051,088
Net Income$754,903

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 13, 2026
Return Version
2024v5.5
Gross Receipts
$1,805,991
Mission and Program Overview

Mission

Equity arc is a coalition charged by its diverse membership of local and national organizations to align, promote, and develop equitable opportunities for aspiring classical musicians from underrepresented ethnicities.

Develop equitable opportunities for aspiring classical musicians from underrepresented ethnicities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$989,421$1,150,195▲ $160,774
Pledges and Grants Receivable$999$600,000▲ $599,001
Accounts Receivable$5,484--
Prepaid Expenses and Deferred Charges$6,420$2,131▼ $4,289
Total Assets$1,002,324$1,752,326▲ $750,002
Liabilities
Accounts Payable and Accrued Expenses$22,091$17,190▼ $4,901
Total Liabilities$22,091$17,190▼ $4,901
Net Assets / Fund Balance
Net Assets With Donor Restrictions$918,000$1,604,890▲ $686,890
Net Assets Without Donor Restrictions$62,233$130,246▲ $68,013
Total Net Assets Fund Balance$980,233$1,735,136▲ $754,903
Total Liabilities and Net Assets / Fund Balance$1,002,324$1,752,326▲ $750,002
Compensation and Service Providers

Employees

NameTitleOtherTotal
Stanford ThompsonExecutive Director$116,142$116,142

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,760,675
Program Service Revenue
$24,284
Investment Income
$18,624
Other Revenue
$2,408
All Other Contributions
$1,723,185
Change in Net Assets
$754,903

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,805,991
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,805,991
Total Revenue per Form 990
$1,805,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$510,089
Other Expenses$477,999
Total Fundraising Expense$145,268
Grants and Similar Amounts Paid$63,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$189,176$76,584$25,551$291,311
Fees for Services Other$111,271$392$34,827$146,490
Current Officers, Directors, Trustees, and Key Employees$29,036$17,421$69,685$116,142
Other Employee Benefits-$71,426-$71,426
Travel$45,373$15,241$4,336$64,950
Grants to Domestic Individuals$63,000--$63,000
Conferences and Meetings$59,993$574-$60,567
Fees for Services Accounting-$38,200-$38,200
Payroll Taxes$16,786$7,099$7,325$31,210
All Other Expenses$14,224$2,033$680$16,937
Information Technology$5,307$8,195$62$13,564
Fees for Services Legal$6,339$5,050-$11,389
Office Expenses$936$4,443$2,597$7,976
Other Expenses$5,064$589$205$5,858
Insurance-$4,206-$4,206
Advertising$1,075$850-$1,925
Total Functional Expenses$653,507$252,313$145,268$1,051,088

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,051,088
Total Expenses per Audited Statements$1,051,088
Total Expenses per Form 990$1,051,088
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
Yes
Backup withholding compliance
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 A, Line 4

During the fiscal year, equity arc amended its code of regulations to reflect the conclusion of its paid membership. The organization is no longer collecting membership dues and resources are now more broadly available. The updates aligned the governing documents with the organization's current structure and oversight practices.

Form 990, Part VI, Section A, Line 6

The organization has members, but they have no governance oversight. During fy 2025 the organization stopped requiring members to pay dues and resources are more broadly available.

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

The board treasurer briefs the full board concerning the annual form 990 during a board meeting. The complete draft form 990 is circulated to all board members for information prior to execution and filing.

Form 990, Part VI, Section B, Line 12C

When the board of directors is considering a proposed transaction that may benefit the private interest of an officer or director, a disclosure must be made to the board of directors. We engage in regular communication with the board of directors to ensure ongoing compliance.

Form 990, Part VI, Section C, Line 19

Equity arc's governing documents made available as required by law.

Filing and Contact Details

Filer

Filer Name
Equity Arc
EIN
85-2618740
Phone
5137443306
Address
1241 ELM STREET, CINCINNATI, OH 45202

Signing Officer

Name
Alison Melick
Title
Treasurer
Phone
5137443306
Signed
2026-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanford Thompson
Formed
2020
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
17

Preparer

Firm
Clark Schaefer Hackett & Co
Address
1 EAST 4TH STREET, CINCINNATI, OH 45202
Preparer
Annamarie B Reilly
Phone
5132413111
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Launched the instrument fund, which provides direct funds to pathways musicians who are committed to pursuing intensive training in their collegiate study. Inaugural equity arc wind symphony provided a multi-day training residency for pre-college musicians to receive mentoring from professional musicians uniquely qualified to provide the highest level of wind ensemble training. Launched the development of a custom crm, which will support our virtual community through program applications, networking, and matching musicians with opportunities. The organization is no longer collecting membership dues and resources are now more broadly available.

FORM 990, PART V, LINE 2A AND 2B:

The organization's staff is paid through an agreement with the cincinnati symphony orchestra (cso), which is an unrelated organization. The executive director of the organization and other staff members provide 100% of their time to the organization. The w-2s are issued by cso and the organization reimburses cso for all costs related to the executive director and other staff members.

Form 990, Part IX, Line 11G

Consulting services: program service expenses 0. Management and general expenses 0. Fundraising expenses 34,827. Total expenses 34,827. Photography: program service expenses 14,196. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,196. Interns/admin assistance: program service expenses 11,115. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,115. Payroll services: program service expenses 0. Management and general expenses 392. Fundraising expenses 0. Total expenses 392. Technical consultants: program service expenses 73,210. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,210. Pr firm: program service expenses 12,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,100. Instrument fund reviewers: program service expenses 650. Management and general expenses 0. Fundraising expenses 0. Total expenses 650.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Equity arc is a not-for-profit entity exempt from federal income taxes under provisions of section 501(c)(3) of the internal revenue code. It has been determined that equity arc is not a private foundation. Equity arc has adopted accounting guidance, which requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. Equity arc's income tax filings are subject to audit by various taxing authorities. Equity arc believes it has appropriate support for any tax position taken and, therefore, does not have any uncertain income tax positions that are material to the financial statements. Equity arc does not believe it had any income that would be considered unrelated business income.

Raw XML AppendixShowing 400 of 536 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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IRS990/Desc0EQUITY ARC PRODUCED THE PATHWAYS ORCHESTRA, A MULTI-DAY PRE-COLLEGE ORCHESTRAL TRAINING AND PERFORMANCE PROGRAM. 64 PRE-COLLEGE MUSICIANS PARTICIPATED IN AN IN-PERSON RESIDENCY IN CHICAGO THAT INCLUDED ENSEMBLE REHEARSALS, MENTORING, AND A PUBLIC PERFORMANCE. THE ORGANIZATION ALSO HOSTED A CONCURRENT CONVENING FOR PARENTS AND ARTS ADMINISTRATORS, WITH 157 PARTICIPANTS ATTENDING PLENARY SESSIONS AND FACILITATED DISCUSSIONS FOCUSED ON EDUCATIONAL PATHWAYS AND PROGRAM SUPPORT. EQUITY ARC ALSO SUPPORTED EARLY-CAREER MUSICIANS THROUGH A SEPARATE RESIDENCY PROGRAM SERVING 10 PARTICIPANTS, CONDUCTED IN PARTNERSHIP WITH A MAJOR U.S. ORCHESTRA. PROGRAM ACTIVITIES INCLUDED REHEARSALS AND PROFESSIONAL DEVELOPMENT EXPERIENCES. THESE PROGRAMS FURTHERED THE ORGANIZATION'S EXEMPT PURPOSE BY PROVIDING EDUCATIONAL AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EMERGING MUSICIANS.
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IRS990/GrantsToIndividualsInd01
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IRS990/GrossReceiptsAmt01805991
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IRS990/InfoInScheduleOPartVInd0X
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IRS990/InformationTechnologyGrp/FundraisingAmt062
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08195
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt037490
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EQUITY ARC IS A COALITION CHARGED BY ITS DIVERSE MEMBERSHIP OF LOCAL AND NATIONAL ORGANIZATIONS TO ALIGN, PROMOTE, AND DEVELOP EQUITABLE OPPORTUNITIES FOR ASPIRING CLASSICAL MUSICIANS FROM UNDERREPRESENTED ETHNICITIES.
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IRS990/OfficeExpensesGrp/FundraisingAmt02597
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IRS990/OfficeExpensesGrp/TotalAmt07976
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IRS990/OtherExpensesGrp/Desc0CONCERT ACTIVITY
IRS990/OtherExpensesGrp/Desc1MUSICIAN AND FELLOW FEE
IRS990/OtherExpensesGrp/Desc2APPLICATION FEE
IRS990/OtherExpensesGrp/Desc3GIFTS
IRS990/OtherExpensesGrp/FundraisingAmt0205
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1589
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IRS990/OtherExpensesGrp/ProgramServicesAmt143089
IRS990/OtherExpensesGrp/ProgramServicesAmt212670
IRS990/OtherExpensesGrp/ProgramServicesAmt35064
IRS990/OtherExpensesGrp/TotalAmt050178
IRS990/OtherExpensesGrp/TotalAmt143089
IRS990/OtherExpensesGrp/TotalAmt212670
IRS990/OtherExpensesGrp/TotalAmt35858
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02408
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025551
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt076584
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0189176
IRS990/OtherSalariesAndWagesGrp/TotalAmt0291311
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07325
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07099
IRS990/PayrollTaxesGrp/ProgramServicesAmt016786
IRS990/PayrollTaxesGrp/TotalAmt031210
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0999
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06420
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02131
IRS990/PrincipalOfficerNm0STANFORD THOMPSON
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE REGISTRATIO
IRS990/ProgramServiceRevenueGrp/Desc1VIRTUAL EVENT REGISTRA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024039
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1245
IRS990/ProgSrvcAccomActy2Grp/Desc0EQUITY ARC OPERATED THE NATIONAL COLLECTIVE FOR MUSICAL PATHWAYS, A NATIONAL NETWORK OF 19 PRE-COLLEGE MUSIC TRAINING PROGRAMS. DURING THE REPORTING YEAR, THE ORGANIZATION FACILITATED COORDINATION AMONG PARTNER PROGRAMS THROUGH MEETINGS AND FORUMS FOCUSED ON PROGRAM DESIGN AND STUDENT SUPPORT AND INITIATED DEVELOPMENT OF A SHARED PEDAGOGICAL RESOURCE. IN FY25, EQUITY ARC LAUNCHED AN INSTRUMENT FUND TO PROVIDE DIRECT FINANCIAL ASSISTANCE TO MUSICIANS PURSUING COLLEGIATE-LEVEL MUSIC TRAINING. THE ORGANIZATION DISBURSED $63,000 BY YEAR-END TO SUPPORT THE ACQUISITION AND MAINTENANCE OF MUSICAL INSTRUMENTS. THESE ACTIVITIES FURTHERED THE ORGANIZATION'S EXEMPT PURPOSE BY SUPPORTING EDUCATIONAL PATHWAYS AND REDUCING FINANCIAL BARRIERS TO ADVANCED MUSICAL TRAINING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt094078
IRS990/ProgSrvcAccomActy2Grp/GrantAmt063000
IRS990/ProgSrvcAccomActy3Grp/Desc0EQUITY ARC PROVIDED PROFESSIONAL DEVELOPMENT SERVICES AND ACCESS RESOURCES TO ITS NATIONAL MEMBERSHIP. DURING FY25, THE ORGANIZATION SUPPORTED ITS VIRTUAL MEMBER COMMUNITY THROUGH DEVELOPMENT OF A CUSTOM CUSTOMER RELATIONSHIP MANAGEMENT (CRM) SYSTEM DESIGNED TO FACILITATE PROGRAM APPLICATIONS, RESOURCE SHARING, AND NETWORKING. EQUITY ARC ALSO HOSTED 11 VIRTUAL PROFESSIONAL DEVELOPMENT EVENTS AND ADDITIONAL IN-PERSON GATHERINGS FOCUSED ON TOPICS RELEVANT TO EMERGING MUSICIANS AND MUSIC EDUCATORS. COLLEGIATE ACCESS FOR YOUNG MUSICIANS AS PART OF ITS MEMBER PROFESSIONAL DEVELOPMENT OFFERINGS, EQUITY ARC OPERATED THE COLLEGIATE ACCESS FOR YOUNG MUSICIANS SERIES IN PARTNERSHIP WITH EL SISTEMA USA. THE SIX-PART VIRTUAL SERIES FOCUSED ON THE COLLEGE AND CONSERVATORY APPLICATION PROCESS, INCLUDING AUDITIONS AND ADMISSIONS REQUIREMENTS. DURING THE REPORTING YEAR, MORE THAN 200 MUSICIANS AND FAMILY MEMBERS PARTICIPATED IN THE PROGRAM. COMMON APPLICATION FOR SUMMER STUDY EQUITY ARC OPERATED THE COMMON APPLICATION FOR SUMMER STUDY, A CENTRALIZED APPLICATION PLATFORM ALLOWING MUSICIANS TO APPLY TO MULTIPLE SUMMER MUSIC PROGRAMS THROUGH A SINGLE APPLICATION AND AUDITION PROCESS. IN FY25, THE ORGANIZATION PARTNERED WITH 24 ORGANIZATIONS OPERATING 26 PROGRAMS AND SERVED 207 APPLICANTS. EQUITY ARC COVERED APPLICATION FEES FOR APPLICANTS PARTICIPATING IN THE PROGRAM. THESE ACTIVITIES FURTHERED THE ORGANIZATION'S EXEMPT PURPOSE BY EXPANDING ACCESS TO EDUCATIONAL RESOURCES AND TRAINING OPPORTUNITIES FOR EMERGING MUSICIANS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0157990
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0245
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EQUITY ARC OPERATED THE INAUGURAL WIND SYMPHONY, A MULTI-DAY PRE-COLLEGE WIND ENSEMBLE TRAINING PROGRAM. 22 PRE-COLLEGE MUSICIANS PARTICIPATED IN AN IN-PERSON RESIDENCY IN THE WASHINGTON, D.C. AREA THAT INCLUDED ENSEMBLE REHEARSALS, SECTIONALS, AND MENTORING ACTIVITIES. PARTICIPANTS WORKED WITH 28 PROFESSIONAL MUSICIANS FORMERLY AFFILIATED WITH U.S. MILITARY AND MILITARY ACADEMY BANDS AND TOOK PART IN A CULMINATING ENSEMBLE PERFORMANCE CONDUCTED BY A GUEST MUSIC DIRECTOR.THESE ACTIVITIES FURTHERED THE ORGANIZATION'S EXEMPT PURPOSE BY PROVIDING ADVANCED MUSICAL TRAINING AND ENSEMBLE EXPERIENCE FOR EMERGING MUSICIANS.
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IRS990/PYTotalRevenueAmt01043512
IRS990/QuidProQuoContributionsInd00
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IRS990/ReconcilationRevenueExpnssAmt0754903
IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt024039
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0213596
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/RevenueSubtotalAmt01805991
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EQUITY ARC IS A NOT-FOR-PROFIT ENTITY EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN DETERMINED THAT EQUITY ARC IS NOT A PRIVATE FOUNDATION. EQUITY ARC HAS ADOPTED ACCOUNTING GUIDANCE, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EQUITY ARC'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. EQUITY ARC BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, THEREFORE, DOES NOT HAVE ANY UNCERTAIN INCOME TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. EQUITY ARC DOES NOT BELIEVE IT HAD ANY INCOME THAT WOULD BE CONSIDERED UNRELATED BUSINESS INCOME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt01805991
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt063000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0INSTRUMENT FUND

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