Civic Intelligence

Open Arts Studio Inc

EIN 86-2912953 • 501(c)3 • Brooklyn, NY

Profile

To enable creative researh into the relationship of the physical body and the material world via performing and visual arts.

68 Jay StreetBrooklyn, NY 11201

www.openartsstudio.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

64th percentile

10.0%

Higher net margin than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

27%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-8.0%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$32,219

Up $6,923 (+27%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$32,219

Up $6,923 (+27%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin64th percentile

Revenue

Down

$62,351

Down $5,434 (-8.0%) from 2023

Expenses

Up

$56,128

Up $2,721 (+5.1%) from 2023

Net Income

Down

$6,223

Down $8,155 (-57%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

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

$40K$30K$20K$10K$0Assets 2022: $10,918Net Assets 2022: $10,9182022Assets 2023: $25,296Net Assets 2023: $25,2962023Assets 2024: $32,219Net Assets 2024: $32,2192024

Highlighted filing

2024

Assets$32,219
Liabilities-
Net Assets$32,219
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$80K$60K$40K$20K$0Revenue 2022: $69,441Expenses 2022: $69,438Net Income 2022: $32022Revenue 2023: $67,785Expenses 2023: $53,407Net Income 2023: $14,3782023Revenue 2024: $62,351Expenses 2024: $56,128Net Income 2024: $6,2232024

Highlighted filing

2024

Revenue$62,351
Expenses$56,128
Net Income$6,223
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,219
Liabilities
-
Net assets
$32,219
Revenue
$62,351
Expenses
$56,128
Net income
$6,223
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.2$32.2$62.4$56.1$6.22
2023Detailed filing. Detailed filing data is available for this year.$25.3$25.3$67.8$53.4$14.4
2022Detailed filing. Detailed filing data is available for this year.$10.9$10.9$69.4$69.4$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.2
Gross Receipts
$62,351
Mission and Program Overview

Mission

To enable creative researh into the relationship of the physical body and the material world via performing and visual arts.

Program Services

DescriptionGrantsExpenses
YOUNG ARTISIS PROGRAMACCESSABLE ARTS EDUCATION$0$1,039
PERFORMANCES$0$194
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURA PETERSONPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Open Arts Studio Inc
EIN
86-2912953
Phone
7188122341
Address
68 JAY STREET, BROOKLYN, NY 11201

Signing Officer

Name
Laura a Peterson
Title
President
Phone
7188122341
Signed
2025-05-13

Preparer

Firm
Taylor & Lord Associates Ltd
Address
325 W 38TH ST SUITE 310, NEW YORK, NY 10018
Preparer
Robert Taylor
Phone
2126299727
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“STUDIO RENTALS 48953.”

Form 990EZ, Part I, Line 8

“PERFORMANCE RENTAL 638.”

Form 990EZ, Part I, Line 16

“Youth progran expenses 194.”

Form 990EZ, Part I, Line 16

“UNIIFORM 396.”

Raw XML Appendix139 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025996
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010505
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06223
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011127
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt0590
IRS990EZ/OtherRevenueTotalAmt049591
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENABLE CREATIVE RESEARH INTO THE RELATIONSHIP OF THE PHYSICAL BODY AND THE MATERIAL WORLD VIA PERFORMING AND VISUAL ARTS.
IRS990EZ/ProgramServiceRevenueAmt02255
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0YOUNG ARTISIS PROGRAMACCESSABLE ARTS EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PERFORMANCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01039
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1194
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056128
IRS990EZ/TotalProgramServiceExpensesAmt01233
IRS990EZ/TotalRevenueAmt062351
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.openartsstudio.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt019600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt042005
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt042005
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt019600
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt042005
IRS990ScheduleA/TotalSupportAmt042005
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STUDIO RENTALS 48953.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERFORMANCE RENTAL 638.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YOUTH PROGRAN EXPENSES 194.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNIIFORM 396.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07188122341
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN ARTS STUDIO INC
ReturnHeader/Filer/BusinessNameControlTxt0OPEN
ReturnHeader/Filer/EIN0862912953
ReturnHeader/Filer/PhoneNum07188122341
ReturnHeader/Filer/USAddress/AddressLine1Txt068 JAY STREET
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 W 38TH ST SUITE 310
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02126299727
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Taylor
ReturnHeader/ReturnTs02025-12-19T12:20:29-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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