Civic Intelligence

Rainbow Serpent Inc.

990EZ • Fiscal year 2023 • EIN 92-2618393

Mar 06, 2023 to Jun 30, 2023 • Filed on May 27, 2025

1431 N Highland AvePittsburgh, PA 15206

(412) 846-6066

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$27,248

No earlier filing loaded for comparison.

Net Assets

$27,248

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$99,722

No earlier filing loaded for comparison.

Expenses

$72,474

No earlier filing loaded for comparison.

Net Income

$27,248

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2023: $27,248Net Assets 2023: $27,2482023Assets 2024: $459,619Liabilities 2024: $732Net Assets 2024: $458,8872024

Highlighted filing

2023

Assets$27,248
Liabilities-
Net Assets$27,248

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2023: $99,722Expenses 2023: $72,474Net Income 2023: $27,2482023Revenue 2024: $611,736Expenses 2024: $180,097Net Income 2024: $431,6392024

Highlighted filing

2023

Revenue$99,722
Expenses$72,474
Net Income$27,248
Jump To
Filing Snapshot
Filing Period
Mar 6, 2023 to Jun 30, 2023
Signed
May 27, 2025
Return Version
2022v5.0
Gross Receipts
$99,722
Mission and Program Overview

Mission

Rainbow serpent is committed to advancing black lgbtq culture through the exploration of emerging technologies, innovative healing protocols, african cosmologies, and multimedia art. We are dedicated to promoting and celebrating the diversity and richness of black lgbtq culture while advancing healing and empowerment within the community. Our largest aim is to create a new radiant reality, one as resplendent and diverse as the rainbow and as fertile and enduring as the serpent.

Program Services

DescriptionGrantsExpenses
WE CREATE, PUBLISH, AND PROMOTE ARTISTIC WORKS, EXHIBITIONS, AND PERFORMANCES THAT CELEBRATE BLACK LGBTQ CULTURE, INCLUDING LIVE PERFORMANCES, PUBLIC ARTWORKS, LITERARY WORKS, PHOTOGRAPHY, FILMS, ANIMATIONS, PAINTINGS, INSTALLATIONS, MULTIMEDIA ARTWORKS, AND WORKS IN EMERGING MEDIA.$500$31,171
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR MARQUES REDDCo-Founder/EFT$0--
MIKAEL OWUNNACo-Founder/EFT$0--
DR HASANI BAHARANYIPresidentPT$0--
DERRICK WORTESVice-PresidePT$0--
DR WESLEE GLENNTreasurerPT$0--
MARSALIS GIBSONSecretaryPT$0--
ANTHONY EMEKA HARBOURCommunicatioPT$0--
ISABELLE ANALOBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Rainbow Serpent Inc
EIN
92-2618393
Phone
4128466066
Address
1431 N HIGHLAND AVE, PITTSBURGH, PA 15206

Signing Officer

Name
Mikael Owunna
Title
Co-founder/exec Director
Phone
4128466066
Signed
2025-05-27
Discuss with paid preparer
Yes

Preparer

Firm
Stenger Bies & Company Inc
Address
1910 COCHRAN RD SUITE 726, PITTSBURGH, PA 15220
Preparer
Mary G Bachorski
Phone
4123417788
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

Rainbow serpent inc has a public charity status of 509(a)(2), as referenced on their irs determination letter dated 3/13/2023. The orginally filed tax return incorrectly marked the public charity status as 170(b)(1)(a)(vi) on schedule a and completed part ii. This amended tax return corrects schedule a to reflect the public charity status as 509(a)(2), and completed part iii instead of part ii.

Form 990-ez, Part I, Line 16

Expenses advertising 441 art & merchadise 272 office & shipping 277 organizational costs 515 airfare/luggage 3,421 car rental/fuel 739 hotel 138 meals 1,649 parking/tolls 565 2,062 bank service charges 11 equipment 446 website 305 total 10,841

Form 990-ez, Part III

Rainbow serpent is committed to advancing black lgbtq culture through the exploration of emerging technologies, innovative healing protocols, african cosmologies, and multimedia art. We are dedicated to promoting and celebrating the diversity and richness of black lgbtq culture while advancing healing and empowerment within the community. Our largest aim is to create a new radiant reality, one as resplendent and diverse as the rainbow and as fertile and enduring as the serpent.

Form 990-ez, Part III, Line 28

We create, publish, and promote artistic works, exhibitions, and performances that celebrate black lgbtq culture, including live performances, public artworks, literary works, photography, films, animations, paintings, installations, multimedia artworks, and works in emerging media.

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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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-FOUNDER/E
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6COMMUNICATIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt010841
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IRS990EZ/PrimaryExemptPurposeTxt0RAINBOW SERPENT IS COMMITTED TO ADVANCING BLACK LGBTQ CULTURE THROUGH THE EXPLORATION OF EMERGING TECHNOLOGIES, INNOVATIVE HEALING PROTOCOLS, AFRICAN COSMOLOGIES, AND MULTIMEDIA ART. WE ARE DEDICATED TO PROMOTING AND CELEBRATING THE DIVERSITY AND RICHNESS OF BLACK LGBTQ CULTURE WHILE ADVANCING HEALING AND EMPOWERMENT WITHIN THE COMMUNITY. OUR LARGEST AIM IS TO CREATE A NEW RADIANT REALITY, ONE AS RESPLENDENT AND DIVERSE AS THE RAINBOW AND AS FERTILE AND ENDURING AS THE SERPENT.
IRS990EZ/ProgramServiceRevenueAmt09094
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAINBOW SERPENT INC HAS A PUBLIC CHARITY STATUS OF 509(A)(2), AS REFERENCED ON THEIR IRS DETERMINATION LETTER DATED 3/13/2023. THE ORGINALLY FILED TAX RETURN INCORRECTLY MARKED THE PUBLIC CHARITY STATUS AS 170(B)(1)(A)(VI) ON SCHEDULE A AND COMPLETED PART II. THIS AMENDED TAX RETURN CORRECTS SCHEDULE A TO REFLECT THE PUBLIC CHARITY STATUS AS 509(A)(2), AND COMPLETED PART III INSTEAD OF PART II.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 441 ART & MERCHADISE 272 OFFICE & SHIPPING 277 ORGANIZATIONAL COSTS 515 AIRFARE/LUGGAGE 3,421 CAR RENTAL/FUEL 739 HOTEL 138 MEALS 1,649 PARKING/TOLLS 565 2,062 BANK SERVICE CHARGES 11 EQUIPMENT 446 WEBSITE 305 TOTAL 10,841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RAINBOW SERPENT IS COMMITTED TO ADVANCING BLACK LGBTQ CULTURE THROUGH THE EXPLORATION OF EMERGING TECHNOLOGIES, INNOVATIVE HEALING PROTOCOLS, AFRICAN COSMOLOGIES, AND MULTIMEDIA ART. WE ARE DEDICATED TO PROMOTING AND CELEBRATING THE DIVERSITY AND RICHNESS OF BLACK LGBTQ CULTURE WHILE ADVANCING HEALING AND EMPOWERMENT WITHIN THE COMMUNITY. OUR LARGEST AIM IS TO CREATE A NEW RADIANT REALITY, ONE AS RESPLENDENT AND DIVERSE AS THE RAINBOW AND AS FERTILE AND ENDURING AS THE SERPENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WE CREATE, PUBLISH, AND PROMOTE ARTISTIC WORKS, EXHIBITIONS, AND PERFORMANCES THAT CELEBRATE BLACK LGBTQ CULTURE, INCLUDING LIVE PERFORMANCES, PUBLIC ARTWORKS, LITERARY WORKS, PHOTOGRAPHY, FILMS, ANIMATIONS, PAINTINGS, INSTALLATIONS, MULTIMEDIA ARTWORKS, AND WORKS IN EMERGING MEDIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PhoneNum04123417788
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY G BACHORSKI
ReturnHeader/ReturnTs02025-05-28T09:34:00-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-03-06
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits