Civic Intelligence

River Tree Arts

990 • Fiscal year 2017 • EIN 01-0411857

May 01, 2016 to Apr 30, 2017 • Filed on Jun 21, 2017

35 Western AvenueKennebunk, ME 04043

(207) 967-9120

Siviq Scores

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

Liabilities / Assets

90th percentile

0.78x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

1.77x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

59th percentile

7.2%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.7%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$547,651

Up $4,057 (+0.7%) from 2016

Net Assets

Up

$121,682

Up $17,272 (+17%) from 2016

Liabilities

Down

$425,969

Down $13,215 (-3.0%) from 2016

Revenue

Up

$240,993

Up $46,080 (+24%) from 2016

Expenses

Down

$223,721

Down $63,770 (-22%) from 2016

Net Income

Up

$17,272

Up $109,850 (+119%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $792,461Liabilities 2011: $13,463Net Assets 2011: $778,9982011Assets 2012: $612,717Liabilities 2012: $8,337Net Assets 2012: $604,3802012Assets 2013: $850,705Liabilities 2013: $410,983Net Assets 2013: $439,7222013Assets 2014: $750,605Liabilities 2014: $447,512Net Assets 2014: $303,0932014Assets 2015: $606,591Liabilities 2015: $409,603Net Assets 2015: $196,9882015Assets 2016: $543,594Liabilities 2016: $439,184Net Assets 2016: $104,4102016Assets 2017: $547,651Liabilities 2017: $425,969Net Assets 2017: $121,6822017Assets 2018: $530,399Liabilities 2018: $408,567Net Assets 2018: $121,8322018Assets 2019: $526,733Liabilities 2019: $405,960Net Assets 2019: $120,7732019Assets 2020: $536,665Liabilities 2020: $433,374Net Assets 2020: $103,2912020Assets 2021: $541,161Liabilities 2021: $404,638Net Assets 2021: $136,5232021Assets 2022: $536,279Liabilities 2022: $367,232Net Assets 2022: $169,0472022Assets 2023: $522,181Liabilities 2023: $357,384Net Assets 2023: $164,7972023Assets 2024: $471,839Liabilities 2024: $343,726Net Assets 2024: $128,1132024Assets 2025: $396,679Liabilities 2025: $325,797Net Assets 2025: $70,8822025

Highlighted filing

2017

Assets$547,651
Liabilities$425,969
Net Assets$121,682

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $347,9802011Expenses 2012: $348,4272012Revenue 2013: $191,034Expenses 2013: $355,700Net Income 2013: -$164,6662013Revenue 2014: $236,052Expenses 2014: $372,682Net Income 2014: -$136,6302014Revenue 2015: $187,014Expenses 2015: $293,119Net Income 2015: -$106,1052015Revenue 2016: $194,913Expenses 2016: $287,491Net Income 2016: -$92,5782016Revenue 2017: $240,993Expenses 2017: $223,721Net Income 2017: $17,2722017Revenue 2018: $237,839Expenses 2018: $237,689Net Income 2018: $1502018Revenue 2019: $286,879Expenses 2019: $287,938Net Income 2019: -$1,0592019Revenue 2020: $321,756Expenses 2020: $339,238Net Income 2020: -$17,4822020Revenue 2021: $273,900Expenses 2021: $240,668Net Income 2021: $33,2322021Revenue 2022: $341,114Expenses 2022: $308,467Net Income 2022: $32,6472022Revenue 2023: $383,150Expenses 2023: $387,400Net Income 2023: -$4,2502023Revenue 2024: $324,339Expenses 2024: $361,023Net Income 2024: -$36,6842024Revenue 2025: $377,838Expenses 2025: $435,071Net Income 2025: -$57,2332025

Highlighted filing

2017

Revenue$240,993
Expenses$223,721
Net Income$17,272
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jun 21, 2017
Return Version
2016v3.0
Gross Receipts
$247,504
Mission and Program Overview

Mission

River Tree Arts is a nonprofit community arts organization devoted to encouraging a wider and deeper understanding of the arts by providing innovative and accessible opportunities for appreciation, education, and participation in the arts for all ages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$490,180$470,882▼ $19,298
Cash and Non-Interest-Bearing Accounts$53,114$75,164▲ $22,050
Prepaid Expenses and Deferred Charges-$1,305-
Accounts Receivable$300$300→ $0
Total Assets$543,594$547,651▲ $4,057
Liabilities
Mortgage Notes Payable Secured by Investment Property$435,000$424,240▼ $10,760
Accounts Payable and Accrued Expenses$4,184$1,729▼ $2,455
Total Liabilities$439,184$425,969▼ $13,215
Net Assets / Fund Balance
Unrestricted Net Assets$96,812$114,084▲ $17,272
Temporarily Rstr Net Assets$7,598$7,598→ $0
Total Net Assets Fund Balance$104,410$121,682▲ $17,272
Total Liabilities and Net Assets / Fund Balance$543,594$547,651▲ $4,057

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$465,369$221,443$686,812
Equipment$5,513$111,861$117,374
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maureen DiGiovanniPresident
Anne CorbeyVice President
Alice EaglesonDirector
Cynthia MowlesDirector
Dorothy MathesonDirector
Erin RiceDirector
Kelly RocheDirector
Cynthia KenneySecretary
Mark DiGiovanniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,636
Program Service Revenue
$164,581
Investment Income
$108
Other Revenue
$668
All Other Contributions
$48,676
Change in Net Assets
$17,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$168,937
Salaries, Compensation, and Employee Benefits$54,784
Total Fundraising Expense$11,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$58,331--$58,331
Other Salaries and Wages$26,060$12,363$8,873$47,296
Depreciation Depletion$19,298--$19,298
Office Expenses$11,125$352-$11,477
Occupancy$9,858$1,127$282$11,267
Insurance$4,525$3,642-$8,167
Payroll Taxes$2,930$1,390$998$5,318
Other Expenses$4,063$464$116$4,643
All Other Expenses-$3,883-$3,883
Current Officers, Directors, Trustees, and Key Employees$1,058$502$360$1,920
Advertising$1,497--$1,497
Fees for Services Accounting-$1,280-$1,280
Other Employee Benefits$138$65$47$250
Fees for Services Legal-$245-$245
Total Functional Expenses$185,325$27,239$11,157$223,721
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,511
Fundraising Gross Income$6,511
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Prelude$12,028$12,028$4,253$7,775
100 x 100$5,595$5,595$717$4,878
Total Events$22,709$17,623$4,970$12,653
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Board Treasurer reviews and signs the Form 990 prior to submitting to the IRS.

Form 990, Part VI, Section C, line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
River Tree Center for the Arts
EIN
01-0411857
Phone
2079679120
Address
35 Western Avenue, Kennebunk, ME 04043

Signing Officer

Name
Mark DiGiovanni
Title
Treasurer
Phone
2079679120
Signed
2017-06-21
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
10

Preparer

Firm
Purdy Powers & Company
Address
130 Middle Street, Portland, ME 04101
Preparer
Dana O Dakers CPA
Phone
2077753496
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Teachers : Program service expenses 58,331. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,331.

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IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt073
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt07483
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Adult programs
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03840
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt08639
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt055109
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0105
IRS990/PYOtherExpensesAmt0211581
IRS990/PYOtherRevenueAmt0443
IRS990/PYProgramServiceRevenueAmt0139256
IRS990/PYRevenuesLessExpensesAmt0-92578
IRS990/PYSalariesCompEmpBnftPaidAmt075910
IRS990/PYTotalExpensesAmt0287491
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0194913
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt017272
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0668
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt070659
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt082147
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048935
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt039595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt084666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt067562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0322905
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0105
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0682
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0164581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0136626
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0146798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0149106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0123296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0720407
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0105
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0682
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt0668
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt0443
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt0900
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt094
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt02105
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99730
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt01043312
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0246728
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0185561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0186393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0233772
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0190858
IRS990ScheduleA/Total509Grp/TotalAmt01043312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0247504
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0186109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0187373
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0234079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0191034
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01046099
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0465369
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0221443
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0686812
IRS990ScheduleD/EquipmentGrp/BookValueAmt05513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0111861
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0117374
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0470882
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt05086
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05086
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04970
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Prelude
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0100 x 100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05595
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05086
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022709
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05595
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017623
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012653
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04970
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04253
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0717
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board Treasurer reviews and signs the Form 990 prior to submitting to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Teachers : Program service expenses 58,331. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,331.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.97$3.26$0.71$3.78$4.35$0.57
2024Detailed filing. Detailed filing data is available for this year.$4.72$3.44$1.28$3.24$3.61$0.37
2023Detailed filing. Detailed filing data is available for this year.$5.22$3.57$1.65$3.83$3.87$0.04
2022Detailed filing. Detailed filing data is available for this year.$5.36$3.67$1.69$3.41$3.08$0.33
2021Detailed filing. Detailed filing data is available for this year.$5.41$4.05$1.37$2.74$2.41$0.33
2020Detailed filing. Detailed filing data is available for this year.$5.37$4.33$1.03$3.22$3.39$0.17
2019Detailed filing. Detailed filing data is available for this year.$5.27$4.06$1.21$2.87$2.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.30$4.09$1.22$2.38$2.38$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.48$4.26$1.22$2.41$2.24$0.17
2016Detailed filing. Detailed filing data is available for this year.$5.44$4.39$1.04$1.95$2.87$0.93
2015Detailed filing. Detailed filing data is available for this year.$6.07$4.10$1.97$1.87$2.93$1.06
2014Detailed filing. Detailed filing data is available for this year.$7.51$4.48$3.03$2.36$3.73$1.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.51$4.11$4.40$1.91$3.56$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$0.08$6.04$3.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.92$0.13$7.79$3.48