LOW KEY ARTS INCORPORATED: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LOW KEY ARTS INCORPORATED (EIN 20-4093585)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-02-09
- IRS object ID
- 202420409349201457
- Schema version
- 2023v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-09T17:48:00-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 463808613 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEVELAND ACCOUNTING AND CONSULTING PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 MALVERN AVE | AddressLine1Txt |
| City | HOT SPRINGS NTL PARK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 719017132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204093585 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOW KEY ARTS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWK | BusinessNameControlTxt |
| Phone | 3232406034 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 467 | AddressLine1Txt |
| City | HOT SPRINGS | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 71902 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SONNY KAY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3232406034 | PhoneNum |
| Signature | 2024-02-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SONNY | PersonFirstNm |
| Person Last | KAY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SAMANTHA RHOADS | PreparerPersonNm |
| PTIN | P01605568 | PTIN |
| Phone | 5013219999 | PhoneNum |
| Preparation | 2024-01-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $156,143 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $33,496 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $106,965 | ProgramServiceRevenueAmt |
| Fundraising Gross Income | $15,682 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $136 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $15,546 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $156,007 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $84,864 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $3,840 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $16,748 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $4,670 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $83,392 | OtherExpensesTotalAmt |
| Total Expenses | $193,514 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$37,507 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $140,761 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $103,254 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,394 | BOYAmt |
| EOY | $19,944 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,049 | BOYAmt |
| EOY | $94,019 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,443 | BOYAmt |
| EOY | $113,963 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,682 | BOYAmt |
| EOY | $10,709 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,761 | BOYAmt |
| EOY | $103,254 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | PROMOTION OF THE ARTS IN HOT SPRINGS AR | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|
| LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL | $78,321 |
| LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL | $26,489 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $104,810 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| SONNY KAY | ||
| EXECUTIVE DI | 000.00 | $36,000 |
| BRENT CARROLL | ||
| TREASURER | 000.00 | $0 |
| ANNIE GERBER | ||
| SECRETARY | 000.00 | $0 |
| ROB COX | ||
| VICE PRESIDE | 000.00 | $0 |
| CHERYL ROORDA | ||
| PRESIDENT/BO | 000.00 | $0 |
| ROBERT NIXON | ||
| ARTISTIC DIR | 000.00 | $0 |
| JEN GERBER | ||
| FILM PROGRAM | 000.00 | $35,833 |
| ZAC SMITH | ||
| DIRECTOR | 000.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SONNY KAY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 423 BOWER ST | AddressLine1Txt |
| City | HOT SPRINGS | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 71901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3232406034 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,722 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $72,386 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $146,247 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,496 | CurrentTaxYearAmt |
| Total | $303,652 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,996 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,088 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $37,657 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $93,094 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,647 | CurrentTaxYearAmt |
| Total | $317,482 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $99,474 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $183,904 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $132,895 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $156,143 | CurrentTaxYearAmt |
| Total | $621,134 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $621,134 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $99,474 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $183,904 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $132,895 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $156,143 | CurrentTaxYearAmt |
| Total | $621,134 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FUNDRAISING | Event1Nm |
| Gross Receipts Event1 | $15,682 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $15,682 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $136 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $15,682 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $15,682 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $136 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $136 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $15,546 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADVERTISING 3,392 OFFICE EXPENSES 934 TRAVEL 334 INTEREST 586 INSURANCE 4,151 BANK FEES 494 DUES AND SUBSCRIPTIONS 3,186 EQUIPMENT RENT 2,263 INTERNET 2,555 PRODUCTION 4,730 PROGRAM EXP 5,589 LABOR 21,900 EVENT FEES 3,600 TALENT 9,850 LICENSE & PERMITS 2,247 MISC 682 VOLUNTEER APPRECIATION 243 HOSPITALITY 7,841 SECURITY 2,040 MERCHANDISE 6,775 TOTAL 83,392 |
| FORM 990-EZ, PART II, LINE 24 | PREPAID EXPENSES AND DEFERRED CHARGES 5,249 5,045 EQUIPMENT 81,800 87,974 DEPOSITS 1,000 1,000 TOTAL 88,049 94,019 |
| FORM 990-EZ, PART II, LINE 26 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,682 10,709 |
| FORM 990-EZ, PART III, LINE 31 | LOW KEY ARTS PROVIDED MUSIC FESTIVAL AND SPONSORED A LOCAL FILM FESTIVAL |