philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Elsewhere Incorporated EIN 20-1026041

Elsewhere Incorporated FY2021 filing

EIN  20-1026041 Public charity (501(c)(3)) Greensboro, NC
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Elsewhere Incorporated claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports over 50 artists with a collaborative space, events, and community programming.
Leadership
Matthew Giddings · Past Executive Director · $66K
Money in and out
$348K revenue, $368K expenses
Bottom line
81% program efficiency

Supports over 50 artists with a collaborative space, events, and community programming. For fiscal year 2021 it reported $348K in revenue, $368K in expenses, and $364K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$348K
Pt VIII · Ln 12
Total expenses
$368K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$20K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.13 Fundraising $0.06
Program efficiency
81%
of spending reaches programs
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$348K
FY2021▲ +52%
Expenses
$368K
FY2021▲ +13%
Total assets
$644K
FY2021▼ -15%
Total liabilities
$280K
FY2021▼ -25%
Total revenue
$348K
Pt VIII · Ln 12
Total expenses
$368K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$644K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $297K of program spending, described in the organization's own filed words · FY2021.
01

The living museum is open four days a week and brings greensboro audiences into contact with emerging and established artists through programming and events.

$154Kprogram expense
02

The visiting artist program provides resources and exhibition space for more than 50 artists a year.

$131Kprogram expense
03

The collaborative laboratory is a diverse series of educational programming built around hands on collaboration and putting high school and university students together with national artists.

$13Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElsewhere Incorporated
EINHdr · item D20-1026041
Principal addressHdr · item CGreensboro, NC
WebsiteHdr · item Jwww.goelsewhere.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A61)
Ruling yearIRS BMFMay 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Matthew Giddings
Past Executive Director
$65,507Pt VII · Sec A
Kerri Mubaarak
Ed / Board Secretary
$0Pt VII · Sec A
Stephanie Sherman
Permanent Director
$0Pt VII · Sec A
Robi Arce
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Anne Geggie
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Matthew Giddings’s $71K as Former Ex Di is at the 65th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2021FY2020
Matthew Giddings$70,703$65,507$53,842
Kerri L Jeffries-Mubaarak$23,334——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Elsewhere Incorporated executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$330K · 95%
Program service revenue$18K · 5%
Contributions & grants95%$330K
Program service revenue5%$18K
Investment income$226
Other revenue$156
— government grantsLn 1e$149K
Total revenueLn 12$348K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.13 Fundraising $0.06
Program services81%$297K
Management & general13%$47K
Fundraising6%$23K
Total functional expensesLn 25$368K

Balance Sheet

Part X · end of year
CashLn 1$215K
Total assetsLn 16$644K
Total liabilitiesLn 26$280K
Total net assetsLn 32$364K
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $215K · Operating expenses/yr $368K
7.0 months
Where the money goes
Program services
Program services $297K · Total expenses $368K
81%
Management & General
Management & general $47K · Total expenses $368K
13%
Fundraising
Fundraising $23K · Total expenses $368K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $23K · Solicited contributions (2-yr avg) $158K
$0.14 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $348K
95%
Government reliance
Government grants $149K · Total revenue $348K
43%
Earned-income share
Program service revenue $18K · Total revenue $348K
5%
Investment reliance
Investment income $226 · Total revenue $348K
0%
Program self-sufficiency
Program service revenue $18K · Total expenses $368K
5%
Growth & trend
Revenue growth (YoY)
This year $348K · Prior year $230K
+52%
Net-asset trend (YoY)
End of year $364K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $348K · Expenses $368K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $644K
—
Net-asset ratio
Net assets $364K · Total assets $644K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $644K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Matthew Giddings · Reported title PAST EXECUTIVE DIRECTOR · Highest reported compensation $66K · Total expenses $368K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $154K · Total expenses $368K
42%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 13%——
Fundraising cost ratio 7%——
Revenue growth 52%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Marion Stedman Covington Foundation North Carolina Trust Co TteeFY2022$12K
Total grants receivedfrom 1 funder$12K
Grants paid · 3 grants · $92K · 2020–2022
Unitemized GrantFY2022$27,663
Unitemized GrantFY2021$34,953
Unitemized GrantFY2020$29,150

Similar Organizations

Closest in mission — by what they do
Living Arts Collaborative INCNY
Living Arts AllianceWA
Living Artists CollectiveWA
Artpace INC (audit)TX
Developing Environments INCCA
Triangle Arts Association LimitedNY
See all organizations like Elsewhere Incorporated →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$274K revenue · ⤓ 990 PDF
FY2021$348K revenue · viewing · ⤓ 990 PDF
FY2020$230K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.