Civic Intelligence

Cleveland Arts Prize

990 • Fiscal year 2015 • EIN 01-0627754

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 11, 2016

PO Box 21126South Euclid, OH 44121

(216) 321-0012

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

2nd percentile

-133%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

11th percentile

-16%

Faster asset growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$634,948

Down $117,899 (-16%) from 2014

Net Assets

Down

$634,948

Down $117,682 (-16%) from 2014

Liabilities

Down

$0

Down $217 (-100%) from 2014

Revenue

Down

$88,257

Down $19,827 (-18%) from 2014

Expenses

Up

$205,940

Up $33,520 (+19%) from 2014

Net Income

Down

-$117,683

Down $53,347 (-83%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $624,297Liabilities 2010: $1,305Net Assets 2010: $622,9922010Assets 2011: $685,924Liabilities 2011: $3,022Net Assets 2011: $682,9022011Assets 2012: $738,618Liabilities 2012: $492Net Assets 2012: $738,1262012Assets 2013: $903,639Liabilities 2013: $86,674Net Assets 2013: $816,9652013Assets 2014: $752,847Liabilities 2014: $217Net Assets 2014: $752,6302014Assets 2015: $634,948Liabilities 2015: $0Net Assets 2015: $634,9482015Assets 2016: $599,061Liabilities 2016: $1,697Net Assets 2016: $597,3642016Assets 2017: $654,771Liabilities 2017: $15,421Net Assets 2017: $639,3502017Assets 2018: $660,146Liabilities 2018: $7,062Net Assets 2018: $653,0842018Assets 2019: $642,099Liabilities 2019: $2,316Net Assets 2019: $639,7832019Assets 2020: $683,397Liabilities 2020: $714Net Assets 2020: $682,6832020Assets 2021: $682,007Liabilities 2021: $0Net Assets 2021: $682,0072021Assets 2022: $534,875Liabilities 2022: $0Net Assets 2022: $534,8752022Assets 2023: $591,134Liabilities 2023: $48,432Net Assets 2023: $542,7022023Assets 2024: $715,225Liabilities 2024: $30,000Net Assets 2024: $685,2252024Assets 2025: $865,837Liabilities 2025: $23,194Net Assets 2025: $842,6432025

Highlighted filing

2015

Assets$634,948
Liabilities$0
Net Assets$634,948

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $139,2852010Expenses 2011: $160,3912011Expenses 2012: $152,0122012Revenue 2013: $215,330Expenses 2013: $136,491Net Income 2013: $78,8392013Revenue 2014: $108,084Expenses 2014: $172,420Net Income 2014: -$64,3362014Revenue 2015: $88,257Expenses 2015: $205,940Net Income 2015: -$117,6832015Revenue 2016: $168,547Expenses 2016: $233,732Net Income 2016: -$65,1852016Revenue 2017: $159,436Expenses 2017: $208,124Net Income 2017: -$48,6882017Revenue 2018: $164,579Expenses 2018: $183,038Net Income 2018: -$18,4592018Revenue 2019: $240,817Expenses 2019: $262,686Net Income 2019: -$21,8692019Revenue 2020: $104,431Expenses 2020: $140,778Net Income 2020: -$36,3472020Revenue 2021: $182,235Expenses 2021: $258,672Net Income 2021: -$76,4372021Revenue 2022: $180,119Expenses 2022: $234,942Net Income 2022: -$54,8232022Revenue 2023: $266,266Expenses 2023: $242,975Net Income 2023: $23,2912023Revenue 2024: $350,187Expenses 2024: $246,647Net Income 2024: $103,5402024Revenue 2025: $413,853Expenses 2025: $296,608Net Income 2025: $117,2452025

Highlighted filing

2015

Revenue$88,257
Expenses$205,940
Net Income-$117,683
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 11, 2016
Return Version
2015v2.1
Gross Receipts
$141,394
Mission and Program Overview

Mission

The cleveland arts prize identifies, rewards, publicly honors and promotes those creative artists whose original work and accomplishments have set a standard of excellence to which other artists can aspire. Additionally, the cleveland arts prize recognizes the contributions of individuals and organizations that have expanded the community's participation in the arts and helped make the region more hospitable to creative artistic expression.

The cleveland arts prize champions the arts, artists and cultural caretakers of cleveland region by identifying and honoring the outstanding artists of the region on an annual basis and by honoring individuals who have expanded the community's participation in the arts and have helped to make the region more hospitable to creative artistic expression.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$752,630$634,948▼ $117,682
Investments Other Securities$696,749$585,618▼ $111,131
Cash and Non-Interest-Bearing Accounts$44,086$42,596▼ $1,490
Pledges and Grants Receivable$9,970$5,090▼ $4,880
Land, Buildings, and Equipment, Net$2,042$1,644▼ $398
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$752,847$634,948▼ $117,899
Liabilities
Accounts Payable and Accrued Expenses$217$0▼ $217
Total Liabilities$217$0▼ $217
Net Assets / Fund Balance
Total Net Assets Fund Balance$752,630$634,948▼ $117,682
Total Liabilities and Net Assets / Fund Balance$752,847$634,948▼ $117,899

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,644$5,148-
Other Securities$585,618--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert MaschkeBoard Chair
Deborah GlossermanEvents Chair
Howard J FreemanBoard Vice Chair
Kristin Sm MorrisonBoard Secretary
Pamela GillBoard Treasurer
Daniel Gray-kontarDirector
H Scott WestoverDirector
Ji KimDirector
Karen a SkuntaDirector
Katherine a MorleyDirector
Meg StantonDirector
Michael BelkinDirector
Parry DaiutoDirector
Peter Van DijkDirector
Sean WattersonDirector
Thomas M WelshDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$77,575
Program Service Revenue
$0
Investment Income
$54
Other Revenue
$10,628
Change in Net Assets
$-117,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,792
Salaries, Compensation, and Employee Benefits$92,030
Total Fundraising Expense$48,210
Grants and Similar Amounts Paid$9,118
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,200$18,100$6,033$60,333
Other Salaries and Wages$12,500-$12,500$25,000
All Other Expenses-$5,960$4,941$10,901
Grants to Domestic Individuals$9,118--$9,118
Other Expenses$9,525-$8,494$8,494
Payroll Taxes$4,018$2,009$670$6,697
Office Expenses-$4,621-$4,621
Fees for Services Accounting-$3,800-$3,800
Depreciation Depletion-$1,358-$1,358
Occupancy-$521-$521
Total Functional Expenses$121,361$36,369$48,210$205,940
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$63,765
Fundraising Direct Expenses$53,137
Professional Fundraising Fees$0
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the interim executive director and select members of the board of trustees.

Form 990, Part VI, Section C, Line 19

Information to the public regarding governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Cleveland Arts Prize
EIN
01-0627754
Phone
2163210012
Address
PO BOX 21126, SOUTH EUCLID, OH 44121

Signing Officer

Name
Alenka Banco
Title
Board Chair
Phone
2163210012
Signed
2016-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Maschke
Formed
2002
Legal Domicile
Oh
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
33

Preparer

Firm
Bsb Partners Cpas and Business Advisors
Address
6700 BETA DRIVE SUITE 300, MAYFIELD VILLAGE, OH 44143
Preparer
John a Bonfiglio CPA Cva
Phone
4404616227
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IRS990/OtherExpensesGrp/Desc0PRIZES
IRS990/OtherExpensesGrp/Desc1ENDOWMENT EXPENSES
IRS990/OtherExpensesGrp/Desc2PROJECTS TO PROMOTE THE
IRS990/OtherExpensesGrp/Desc3FOUNDATION FEES
IRS990/OtherExpensesGrp/FundraisingAmt015572
IRS990/OtherExpensesGrp/FundraisingAmt18494
IRS990/OtherExpensesGrp/ProgramServicesAmt050000
IRS990/OtherExpensesGrp/ProgramServicesAmt19525
IRS990/OtherExpensesGrp/TotalAmt050000
IRS990/OtherExpensesGrp/TotalAmt115572
IRS990/OtherExpensesGrp/TotalAmt29525
IRS990/OtherExpensesGrp/TotalAmt38494
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012500
IRS990/OtherSalariesAndWagesGrp/TotalAmt025000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0670
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02009
IRS990/PayrollTaxesGrp/ProgramServicesAmt04018
IRS990/PayrollTaxesGrp/TotalAmt06697
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09970
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05090
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT MASCHKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ADDITIONALY 2015 FUNDRAISING EVENTS INCLUDED BRUNCH AND A TOUR OF THE CLEVELAND INSTITUTE OF ART HELD IN FEBRUARY 2015 AND THIS ARTIST LIFE HELD IN OCTOBER 2015. EVENTS FEATURED MUSIC, LIVE AND SILENT AUCTIONS. SILENT & LIVE AUCTION ITEMS RAISED $8,500, TICKET SALES RAISED $10,500, AND OTHER FUNDRAISING REVENUE RAISED WAS $7,077.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09525
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt026077
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt058699
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt09118
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt094279
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt09143
IRS990/PYInvestmentIncomeAmt0177
IRS990/PYOtherExpensesAmt085717
IRS990/PYOtherRevenueAmt013628
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-64336
IRS990/PYSalariesCompEmpBnftPaidAmt077560
IRS990/PYTotalExpensesAmt0172420
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0108084
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-117683
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt077575
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0752630
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0634948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt088149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0176646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0207817
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0705033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0607
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01795
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99750
IRS990ScheduleA/PublicSupportPY170Pct00.99010
IRS990ScheduleA/PublicSupportTotal170Amt0705033
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt088149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0176646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0207817
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0705033
IRS990ScheduleA/TotalSupportAmt0706828
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/EquipmentGrp/BookValueAmt01644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05148
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06792
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0585618
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MARKETABLE SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01644
IRS990ScheduleD/TotalBookValueSecuritiesAmt0585618
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09118
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE INTERIM EXECUTIVE DIRECTOR AND SELECT MEMBERS OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INFORMATION TO THE PUBLIC REGARDING GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0752847
IRS990/TotalAssetsEOYAmt0634948
IRS990/TotalAssetsGrp/BOYAmt0752847
IRS990/TotalAssetsGrp/EOYAmt0634948
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt077575
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt048210
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036369
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0121361
IRS990/TotalFunctionalExpensesGrp/TotalAmt0205940
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0217
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0217
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0752630
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0634948
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt058699
IRS990/TotalOtherProgSrvcGrantAmt09118
IRS990/TotalProgramServiceExpensesAmt0121361
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010628
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt054
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt088257
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt033
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0752847
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0634948
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.66$0.23$8.43$4.14$2.97$1.17
2024Detailed filing. Detailed filing data is available for this year.$7.15$0.30$6.85$3.50$2.47$1.04
2023Detailed filing. Detailed filing data is available for this year.$5.91$0.48$5.43$2.66$2.43$0.23
2022Detailed filing. Detailed filing data is available for this year.$5.35$0.00$5.35$1.80$2.35$0.55
2021Detailed filing. Detailed filing data is available for this year.$6.82$0.00$6.82$1.82$2.59$0.76
2020Detailed filing. Detailed filing data is available for this year.$6.83$0.01$6.83$1.04$1.41$0.36
2019Detailed filing. Detailed filing data is available for this year.$6.42$0.02$6.40$2.41$2.63$0.22
2018Detailed filing. Detailed filing data is available for this year.$6.60$0.07$6.53$1.65$1.83$0.18
2017Detailed filing. Detailed filing data is available for this year.$6.55$0.15$6.39$1.59$2.08$0.49
2016Detailed filing. Detailed filing data is available for this year.$5.99$0.02$5.97$1.69$2.34$0.65
2015Detailed filing. Detailed filing data is available for this year.$6.35$0.00$6.35$0.88$2.06$1.18
2014Detailed filing. Detailed filing data is available for this year.$7.53$0.00$7.53$1.08$1.72$0.64
2013Detailed filing. Detailed filing data is available for this year.$9.04$0.87$8.17$2.15$1.36$0.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.39$0.00$7.38$1.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.86$0.03$6.83$1.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$0.01$6.23$1.39