Artmorpheus INC EIN 45-3209966 Form 990 (PDF) Claim this org

Artmorpheus INC

Not yet claimed Claim this org →

Empowers artists and entrepreneurs to build sustainable careers and boost community vibrancy. For fiscal year 2024 it reported $53K in revenue, $67K in expenses, and $329K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Dorchester, MA
Website
www.artmorpheus.org
Filings
6 on file (2019–2024)
Revenue
$53KFY2024
Expenses
$67K
Net assets
$329K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  45-3209966 Public charity (501(c)(3)) Dorchester, MA
Form 990 (PDF)
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 Artmorpheus INC claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Empowers artists and entrepreneurs to build sustainable careers and boost community vibrancy.
Leadership
Francesca Scire-Scappuzzo · Secretary and Director
Money in and out
$53K revenue, $67K expenses
Bottom line
86% program efficiency
Where the money goes · FY2024
Total revenue
$53K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$329K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.12 Fundraising $0.02
Program efficiency
86%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
58.2mo
months of highly liquid reserves at operating expense rate▲ +156% vs prior filing year
Surplus margin
-26%
revenue over expenses, this year▼ -165% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$53K
FY2024▼ -82%
Expenses
$67K
FY2024▼ -61%
Total assets
$329K
FY2024▼ -4%
Total liabilities
$0
FY2024
Total revenue
$53K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$329K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$329K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $58K of program spending, described in the organization's own filed words · FY2023.
01

To support artists and creative entrepreneurs to build dynamic, sustainable practice & businesses and maximize their impact, boosting cultural, economic & social vibrancy in communities

$58Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtmorpheus INC
EINHdr · item D45-3209966
Principal addressHdr · item CDorchester, MA
WebsiteHdr · item Jwww.artmorpheus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFJun 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Secretary and Director
$0Pt VII · Sec A
Treasurer and Director
$0Pt VII · Sec A
President & Acting Exec Dire
$0Pt VII · Sec A

Marea Parker’s $32K as President is at the 88th percentile of top reported officer pay among 250 <$100K 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 · 1 named individual · Part VII

NameFY2021FY2020FY2019
Marea Parker$31,900$49,450$8,000

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 Artmorpheus INC executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$53K · 99%
Program service revenue$291 · 1%
Contributions & grants99%$53K
Program service revenue1%$291
Total revenueLn 12$53K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.12 Fundraising $0.02
Program services86%$58K
Management & general12%$8K
Fundraising2%$1K
Total functional expensesLn 25$67K

Balance Sheet

Part X · end of year
CashLn 1$327K
Total assetsLn 16$329K
Total liabilitiesLn 26$0
Total net assetsLn 32$329K
Months of cash on handcomputed58.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $327K · Operating expenses/yr $67K
58.2 months
Where the money goes
Program services
Program services $58K · Total expenses $67K
86%
Management & General
Management & general $8K · Total expenses $67K
12%
Fundraising
Fundraising $1K · Total expenses $67K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $177K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $53K · Total revenue $53K
99%
Government reliance
Government grants — · Total revenue $53K
Earned-income share
Program service revenue $291 · Total revenue $53K
0.5%
Investment reliance
Investment income $0 · Total revenue $53K
0%
Program self-sufficiency
Program service revenue $291 · Total expenses $67K
0.4%
Growth & trend
Revenue growth (YoY)
This year $53K · Prior year $295K
-82%
Revenue CAGR
FY2018 $158K · FY2023 $53K
-20%
Net-asset trend (YoY)
End of year $329K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $53K · Expenses $67K
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $329K
Net-asset ratio
Net assets $329K · Total assets $329K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $329K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Francesca Scire-Scappuzzo · Reported title SECRETARY AND DIRECTOR · Highest reported compensation $0 · Total expenses $67K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $67K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 12%
Fundraising cost ratio 2%
Revenue growth -82%

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 · FY2024
Total grants receivedfrom 1 funder$7K

Similar Organizations

Closest in mission — by what they do
See all organizations like Artmorpheus INC →

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
FY2024 (Latest)$53K revenue · viewing · ⤓ 990 PDF
FY2023$295K revenue · ⤓ 990 PDF
FY2022$224K revenue · ⤓ 990 PDF
FY2021$172K revenue · ⤓ 990 PDF
FY2020$102K revenue · ⤓ 990 PDF
FY2019$158K 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) · FY2024IRS
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.