Artvan EIN 45-2301696

Artvan

EIN  45-2301696 Public charity (501(c)(3)) Brunswick, ME 1 follower
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Size
$100K–1M
What they do
Brings mobile art therapy to communities for healing and equity.
Leadership
Blair Bacon · Chair
Money in and out
$228K revenue, $265K expenses
Bottom line
60% program efficiency

Brings mobile art therapy to communities for healing and equity. For fiscal year 2024 it reported $228K in revenue, $265K in expenses, and $229K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$228K
Pt VIII · Ln 12
Total expenses
$265K
Pt IX · Ln 25
Net assets
$229K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.16 Fundraising $0.24
Program efficiency
60%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
10.3mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
-16%
revenue over expenses, this year▼ -168% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$228K
FY2024▼ -24%
Expenses
$265K
FY2024▲ +15%
Total assets
$233K
FY2024▼ -15%
Total liabilities
$4K
FY2024▼ -49%
Total revenue
$228K
Pt VIII · Ln 12
Total expenses
$265K
Pt IX · Ln 25
Net assets
$229K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$233K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $159K of program spending, described in the organization's own filed words · FY2024.
01

Artvans largest program is providing year-round mobile art therapy for youth in fifteen low-income neighborhoods in four towns in maine. In 2024, 836 youth participated in more than 400 artvan therapy sessions. Art therapy is provided by a professional art therapist and a therapeutic arts assistant.

$138Kprogram expense
02

Community partnership programs are fee-for-service art therapy sessions. Most of these are youth-centered and take place in schools or at community sites. Vulnerable adult populations are also served. Programs may be one-time or occur regularly over several weeks or months. Approximately two dozen programs were held in 2024.

$21Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtvan
EINHdr · item D45-2301696
Principal addressHdr · item CBrunswick, ME
WebsiteHdr · item Jwww.artvanprogram.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MME
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFDec 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Shannon Els$33,792$28,011$11,160
Jamie Silvestri$31,030$27,068$30,346
Johanna Sorrell$9,216

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.

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Statement of Revenue

Part VIII
Contributions & grants$175K · 77%
Program service revenue$48K · 21%
Investment income$5K · 2%
Contributions & grants77%$175K
Program service revenue21%$48K
Investment income2%$5K
Other revenue$452
Total revenueLn 12$228K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.16 Fundraising $0.24
Program services60%$159K
Management & general16%$43K
Fundraising24%$63K
Total functional expensesLn 25$265K

Balance Sheet

Part X · end of year
CashLn 1$227K
Total assetsLn 16$233K
Total liabilitiesLn 26$4K
Total net assetsLn 32$229K
Months of cash on handcomputed10.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $227K · Operating expenses (Pt IX) $265K · Less non-cash grants $88 · Cash operating expenses/yr $264K
10.3 months
Where the money goes
Program services
Program services $159K · Total expenses $265K
60%
Management & General
Management & general $43K · Total expenses $265K
16%
Fundraising
Fundraising $63K · Total expenses $265K
24%
Cost to raise $1
Fundraising expense (3-yr avg) $39K · Solicited contributions (3-yr avg) $176K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $175K · Total revenue $228K
77%
Government reliance
Government grants — · Total revenue $228K
Earned-income share
Program service revenue $48K · Total revenue $228K
21%
Investment reliance
Investment income $5K · Total revenue $228K
+2%
Program self-sufficiency
Program service revenue $48K · Total expenses $265K
18%
Growth & trend
Revenue growth (YoY)
This year $228K · Prior year $301K
-24%
Revenue CAGR
FY2020 $133K · FY2024 $228K
+14%
Net-asset trend (YoY)
End of year $229K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $228K · Expenses $265K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $233K
Net-asset ratio
Net assets $229K · Total assets $233K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $233K
0%
People & payroll
Highest Reported Total Compensation
Individual Blair Bacon · Reported title CHAIR · Highest reported compensation $0 · Total expenses $265K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $204K · Total expenses $265K
77%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 16%
Fundraising cost ratio 36%
Revenue growth -24%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$228K revenue · viewing · ⤓ 990 PDF
FY2023$301K revenue · ⤓ 990 PDF
FY2022$203K revenue · ⤓ 990 PDF
FY2021$215K revenue · ⤓ 990 PDF
FY2020$133K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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