Art Station INC EIN 58-1664577 Form 990 (PDF) Claim this org

Art Station INC

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Offers visual, literary arts, and art education programs for everyone. For fiscal year 2021 it reported $370K in revenue, $324K in expenses, and $790K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Stone Mountain, GA
Website
www.artstation.org
Filings
2 on file (2020–2021)
Revenue
$370KFY2021
Expenses
$324K
Net assets
$790K
People
5
Filings
2
Updates
0
More identity details & actions ⌄
EIN  58-1664577 Unknown exempt organization Stone Mountain, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers visual, literary arts, and art education programs for everyone.
Leadership
Rebecca Carlise · Treasurer
Money in and out
$370K revenue, $324K expenses
Bottom line
+12% surplus margin
Reported financial activity · FY2021
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$324K
Pt IX · Ln 25
Net assets
$790K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28 Fundraising $0.00
Surplus margin
+12%
revenue over expenses, this year▼ -35% vs prior filing year
Program spending
72%
of expenses reach programs▲ +7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$370K
FY2021▼ -47%
Expenses
$324K
FY2021▼ -42%
Total assets
$1.0M
FY2021▲ +25%
Total liabilities
$231K
FY2021▲ +264%
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArt Station INC
EINHdr · item D58-1664577
Principal addressHdr · item CStone Mountain, GA
WebsiteHdr · item Jwww.artstation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b6
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $233K of program spending, described in the organization's own filed words · FY2020.
01

Promotion of the study and advancement of art and culture through the production and presentation of professional art events and school programs.

$233Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$256K · 69%
Program service revenue$103K · 28%
Other revenue$11K · 3%
Contributions & grants69%$256K
Program service revenue28%$103K
Other revenue3%$11K
Investment income$6
— government grantsLn 1e$227K
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28 Fundraising $0.00
Program services72%$233K
Management & general28%$90K
Fundraising$349
Total functional expensesLn 25$324K

Balance Sheet

Part X · end of year
CashLn 1$232K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$231K
Total net assetsLn 32$790K
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $397K · Operating expenses/yr $324K
14.7 months
Where the money goes
Program services
Program services $233K · Total expenses $324K
72%
Management & General
Management & general $90K · Total expenses $324K
28%
Fundraising
Fundraising $349 · Total expenses $324K
0.1%
Cost to raise $1
Fundraising expense (2-yr avg) $2K · Solicited contributions (2-yr avg) $90K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $256K · Total revenue $370K
69%
Government reliance
Government grants $227K · Total revenue $370K
61%
Earned-income share
Program service revenue $103K · Total revenue $370K
28%
Investment reliance
Investment income $6 · Total revenue $370K
<0.01%
Program self-sufficiency
Program service revenue $103K · Total expenses $324K
32%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $692K
-47%
Net-asset trend (YoY)
End of year $790K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $324K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $790K · Total assets $1.0M
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $165K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
16%
People & payroll
Highest Reported Total Compensation
Individual Rebecca Carlise · Reported title TREASURER · Highest reported compensation $0 · Total expenses $324K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $78K · Total expenses $324K
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Fundraising cost ratio 0.1%
Revenue growth -47%
Accounting fee ratio 5%

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 · FY2020
Total grants receivedfrom 1 funder$75K

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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
FY2021 (Latest)$370K revenue · viewing · ⤓ 990 PDF
FY2020$692K revenue · ⤓ 990 PDF

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Sources

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