Civic Intelligence

Rangeley Friends of the Performing Arts Inc.

990 • Fiscal year 2016 • EIN 01-0385416

Jan 01, 2016 to Dec 31, 2016 • Filed on May 19, 2017

Pobox 333Rangeley, ME 04970

(207) 864-5520

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.06x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.33x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

82nd percentile

25%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

64th percentile

7.2%

Faster asset growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

7.5%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$774,242

Up $51,815 (+7.2%) from 2015

Net Assets

Up

$724,015

Up $41,408 (+6.1%) from 2015

Liabilities

Up

$50,227

Up $10,407 (+26%) from 2015

Revenue

Up

$151,330

Up $10,537 (+7.5%) from 2015

Expenses

Down

$113,105

Down $7,399 (-6.1%) from 2015

Net Income

Up

$38,225

Up $17,936 (+88%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $141,110Liabilities 2011: $55,496Net Assets 2011: $85,6142011Assets 2012: $255,170Liabilities 2012: $53,893Net Assets 2012: $201,2772012Assets 2013: $264,893Liabilities 2013: $52,245Net Assets 2013: $212,6482013Assets 2014: $715,340Liabilities 2014: $48,192Net Assets 2014: $667,1482014Assets 2015: $722,427Liabilities 2015: $39,820Net Assets 2015: $682,6072015Assets 2016: $774,242Liabilities 2016: $50,227Net Assets 2016: $724,0152016Assets 2017: $842,498Liabilities 2017: $21,781Net Assets 2017: $820,7172017Assets 2018: $829,467Liabilities 2018: $18,801Net Assets 2018: $810,6662018Assets 2019: $875,268Liabilities 2019: $16,320Net Assets 2019: $858,9482019Assets 2020: $1,046,663Liabilities 2020: $79,304Net Assets 2020: $967,3592020Assets 2021: $1,153,954Liabilities 2021: $86,378Net Assets 2021: $1,067,5762021Assets 2022: $1,340,988Liabilities 2022: $86,886Net Assets 2022: $1,254,1022022Assets 2023: $1,421,117Liabilities 2023: $86,952Net Assets 2023: $1,334,1652023Assets 2024: $1,471,890Liabilities 2024: $86,273Net Assets 2024: $1,385,6172024

Highlighted filing

2016

Assets$774,242
Liabilities$50,227
Net Assets$724,015

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $59,241Expenses 2011: $45,857Net Income 2011: $13,3842011Revenue 2012: $165,342Expenses 2012: $59,216Net Income 2012: $106,1262012Revenue 2013: $67,540Expenses 2013: $68,534Net Income 2013: -$9942013Revenue 2014: $558,033Expenses 2014: $114,503Net Income 2014: $443,5302014Revenue 2015: $140,793Expenses 2015: $120,504Net Income 2015: $20,2892015Revenue 2016: $151,330Expenses 2016: $113,105Net Income 2016: $38,2252016Revenue 2017: $236,491Expenses 2017: $126,686Net Income 2017: $109,8052017Revenue 2018: $238,447Expenses 2018: $245,123Net Income 2018: -$6,6762018Revenue 2019: $226,743Expenses 2019: $180,909Net Income 2019: $45,8342019Revenue 2020: $241,635Expenses 2020: $133,224Net Income 2020: $108,4112020Revenue 2021: $259,225Expenses 2021: $159,008Net Income 2021: $100,2172021Revenue 2022: $273,824Expenses 2022: $87,298Net Income 2022: $186,5262022Revenue 2023: $285,608Expenses 2023: $205,545Net Income 2023: $80,0632023Revenue 2024: $281,050Expenses 2024: $229,598Net Income 2024: $51,4522024

Highlighted filing

2016

Revenue$151,330
Expenses$113,105
Net Income$38,225
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 19, 2017
Return Version
2016v3.0
Gross Receipts
$153,827
Mission and Program Overview

Mission

Provide performance arts to Rangeley region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$637,932$677,308▲ $39,376
Investments in Publicly Traded Securities$55,314$59,816▲ $4,502
Cash and Non-Interest-Bearing Accounts$29,181$37,118▲ $7,937
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$722,427$774,242▲ $51,815
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$37,876$49,342▲ $11,466
Accounts Payable and Accrued Expenses$1,944$885▼ $1,059
Total Liabilities$39,820$50,227▲ $10,407
Net Assets / Fund Balance
Unrestricted Net Assets$682,607$723,145▲ $40,538
Temporarily Rstr Net Assets-$870-
Total Net Assets Fund Balance$682,607$724,015▲ $41,408
Total Liabilities and Net Assets / Fund Balance$722,427$774,242▲ $51,815

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$501,062$40,191$541,253
Land$153,727-$153,727
Equipment$22,519$6,078$28,597
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$79,464
Program Service Revenue
$64,631
Investment Income
$2,190
Other Revenue
$5,045
All Other Contributions
$79,464
Change in Net Assets
$38,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,655
Salaries, Compensation, and Employee Benefits$22,450
Total Fundraising Expense$7,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,644$2,081$2,080$20,805
Depreciation Depletion$12,917$1,615$1,614$16,146
Occupancy$9,176$1,147$1,147$11,470
Other Expenses$5,478$662$662$5,478
Insurance$4,299$538$537$5,374
Office Expenses$3,915$490$489$4,894
Advertising$2,254$282$282$2,818
Interest$1,922$241$240$2,403
Payroll Taxes$1,316$165$164$1,645
All Other Expenses$1,118$140$139$1,397
Fees for Services Other$560$70$70$700
Total Functional Expenses$98,250$7,431$7,424$113,105
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

One married couple serves on the Board of Directors.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The bylaws state that the organization is a membership organization and the members elect the Board of Directors at the annual meeting.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The members elect the Board of Directors and approve bylaw changes.

Form 990, Part VI, Line 11B: Form 990 Review Process

The draft of the tax return is reviewed by the officers of the organization and approved for filing.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization provides access to governing documents by request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Rangeley Friends of the Performing
EIN
01-0385416
Phone
2078645520
Address
POBOX 333, RANGELEY, ME 04970

Signing Officer

Name
Dawn Field
Title
Treasurer
Signed
2017-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Field
Voting Board Members
14
Independent Board Members
0
Employees
4
Volunteers
25

Preparer

Firm
Richard M Walker CPA
Address
PO Box 1170, Rangeley, ME 04970-1170
Preparer
Richard MWalker
Phone
2078645771
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Increase in Temp.Restricted Net Assets = $870

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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt0240
IRS990/InterestGrp/ManagementAndGeneralAmt0241
IRS990/InterestGrp/ProgramServicesAmt01922
IRS990/InterestGrp/TotalAmt02403
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02190
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02190
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt055314
IRS990/InvestmentsPubTradedSecGrp/EOYAmt059816
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046269
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0637932
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0677308
IRS990/LandBldgEquipCostOrOtherBssAmt0723577
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide performance arts to Rangeley region.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt037876
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt049342
IRS990/NetAssetsOrFundBalancesBOYAmt0682607
IRS990/NetAssetsOrFundBalancesEOYAmt0724015
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03545
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03545
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01500
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01500
IRS990/NetUnrlzdGainsLossesInvstAmt02313
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01147
IRS990/OccupancyGrp/ManagementAndGeneralAmt01147
IRS990/OccupancyGrp/ProgramServicesAmt09176
IRS990/OccupancyGrp/TotalAmt011470
IRS990/OfficeExpensesGrp/FundraisingAmt0489
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0490
IRS990/OfficeExpensesGrp/ProgramServicesAmt03915
IRS990/OfficeExpensesGrp/TotalAmt04894
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0870
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Programs - Performing Arts
IRS990/OtherExpensesGrp/Desc1Printing and Publications
IRS990/OtherExpensesGrp/Desc2Programs - School
IRS990/OtherExpensesGrp/Desc3Programs - Movies
IRS990/OtherExpensesGrp/FundraisingAmt0662
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0662
IRS990/OtherExpensesGrp/ProgramServicesAmt026818
IRS990/OtherExpensesGrp/ProgramServicesAmt15295
IRS990/OtherExpensesGrp/ProgramServicesAmt26538
IRS990/OtherExpensesGrp/ProgramServicesAmt35478
IRS990/OtherExpensesGrp/TotalAmt026818
IRS990/OtherExpensesGrp/TotalAmt16619
IRS990/OtherExpensesGrp/TotalAmt26538
IRS990/OtherExpensesGrp/TotalAmt35478
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02080
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02081
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016644
IRS990/OtherSalariesAndWagesGrp/TotalAmt020805
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0164
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0165
IRS990/PayrollTaxesGrp/ProgramServicesAmt01316
IRS990/PayrollTaxesGrp/TotalAmt01645
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Dawn Field
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Movies
IRS990/ProgramServiceRevenueGrp/Desc1Performing Arts Programs
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04861
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159770
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04861
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159770
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt073819
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02992
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0110260
IRS990/PYOtherRevenueAmt05732
IRS990/PYProgramServiceRevenueAmt058250
IRS990/PYRevenuesLessExpensesAmt020289
IRS990/PYSalariesCompEmpBnftPaidAmt010244
IRS990/PYTotalExpensesAmt0120504
IRS990/PYTotalRevenueAmt0140793
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt038225
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01500
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt079464
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt073819
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0483538
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020509
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0662805
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02190
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02992
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07542
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01737

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.47$0.09$1.39$0.28$0.23$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.09$1.33$0.29$0.21$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.09$1.25$0.27$0.09$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.09$1.07$0.26$0.16$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.08$0.97$0.24$0.13$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.86$0.23$0.18$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.24$0.25$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.82$0.24$0.13$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.05$0.72$0.15$0.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.04$0.68$0.14$0.12$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.05$0.67$0.56$0.11$0.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.05$0.21$0.07$0.07$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.05$0.20$0.17$0.06$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.06$0.09$0.06$0.05$0.01