Civic Intelligence

Barre Opera House Inc.

990 • Fiscal year 2015 • EIN 03-0270440

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 25, 2015

PO Box 583Barre, VT 05641

(802) 476-0292

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

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

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

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

Net Margin

46th percentile

1.7%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

73rd percentile

$61,618

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

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

Asset Growth

52nd percentile

1.6%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

41st percentile

-0.2%

Faster revenue growth than 41% of similar nonprofits.

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

Assets

Up

$584,672

Up $9,353 (+1.6%) from 2014

Net Assets

Up

$579,428

Up $7,912 (+1.4%) from 2014

Liabilities

Up

$5,244

Up $1,441 (+38%) from 2014

Revenue

Down

$412,119

Down $718 (-0.2%) from 2014

Expenses

Up

$405,169

Up $20,920 (+5.4%) from 2014

Net Income

Down

$6,950

Down $21,638 (-76%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $656,342Liabilities 2012: $18,751Net Assets 2012: $637,5912012Assets 2013: $552,168Liabilities 2013: $10,774Net Assets 2013: $541,3942013Assets 2014: $575,319Liabilities 2014: $3,803Net Assets 2014: $571,5162014Assets 2015: $584,672Liabilities 2015: $5,244Net Assets 2015: $579,4282015Assets 2016: $613,425Liabilities 2016: $20,175Net Assets 2016: $593,2502016Assets 2017: $649,864Liabilities 2017: $21,119Net Assets 2017: $628,7452017Assets 2018: $691,145Liabilities 2018: $20,461Net Assets 2018: $670,6842018Assets 2019: $1,030,511Liabilities 2019: $27,228Net Assets 2019: $1,003,2832019Assets 2020: $1,223,238Liabilities 2020: $60,616Net Assets 2020: $1,162,6222020Assets 2021: $1,575,273Liabilities 2021: $37,467Net Assets 2021: $1,537,8062021Assets 2022: $1,772,635Liabilities 2022: $36,018Net Assets 2022: $1,736,6172022Assets 2023: $1,802,291Liabilities 2023: $22,294Net Assets 2023: $1,779,9972023Assets 2024: $1,822,534Liabilities 2024: $30,936Net Assets 2024: $1,791,5982024Assets 2025: $1,973,038Liabilities 2025: $29,855Net Assets 2025: $1,943,1832025

Highlighted filing

2015

Assets$584,672
Liabilities$5,244
Net Assets$579,428

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $343,672Expenses 2012: $376,944Net Income 2012: -$33,2722012Revenue 2013: $352,310Expenses 2013: $448,507Net Income 2013: -$96,1972013Revenue 2014: $412,837Expenses 2014: $384,249Net Income 2014: $28,5882014Revenue 2015: $412,119Expenses 2015: $405,169Net Income 2015: $6,9502015Revenue 2016: $472,261Expenses 2016: $444,906Net Income 2016: $27,3552016Revenue 2017: $459,655Expenses 2017: $454,096Net Income 2017: $5,5592017Revenue 2018: $492,863Expenses 2018: $459,862Net Income 2018: $33,0012018Revenue 2019: $836,901Expenses 2019: $502,596Net Income 2019: $334,3052019Revenue 2020: $588,673Expenses 2020: $454,599Net Income 2020: $134,0742020Revenue 2021: $487,699Expenses 2021: $195,540Net Income 2021: $292,1592021Revenue 2022: $735,690Expenses 2022: $491,192Net Income 2022: $244,4982022Revenue 2023: $675,794Expenses 2023: $661,978Net Income 2023: $13,8162023Revenue 2024: $654,214Expenses 2024: $689,566Net Income 2024: -$35,3522024Revenue 2025: $806,590Expenses 2025: $716,834Net Income 2025: $89,7562025

Highlighted filing

2015

Revenue$412,119
Expenses$405,169
Net Income$6,950
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 25, 2015
Return Version
2014v5.0
Gross Receipts
$416,124
Mission and Program Overview

Mission

PERFORMING ARTS CENTER

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$297,393$282,551▼ $14,842
Land, Buildings, and Equipment, Net$185,013$197,371▲ $12,358
Cash and Non-Interest-Bearing Accounts$49,880$61,660▲ $11,780
Savings and Temporary Cash Investments$43,033$43,090▲ $57
Total Assets$575,319$584,672▲ $9,353
Liabilities
Other Liabilities$3,803$5,244▲ $1,441
Total Liabilities$3,803$5,244▲ $1,441
Net Assets / Fund Balance
Unrestricted Net Assets$571,516$579,428▲ $7,912
Total Net Assets Fund Balance$571,516$579,428▲ $7,912
Total Liabilities and Net Assets / Fund Balance$575,319$584,672▲ $9,353

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$177,801$1,265,155$1,442,956
Equipment$19,570$283,486$303,056
Other Securities$1,949--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel CaseyExecutive DirectorFT$61,618$61,618

Board Members and Trustees

NameTitle
Patty MeriamChair
Lorraine BrislinVice-chair
Dick ShadrouiTrustee
Ena BackusTrustee
Jan TobiasTrustee
Joe PreddyTrustee
Judy StermerTrustee
Karen LauzonTrustee
Laurie LucchinaTrustee
Robert PopeTrustee
William FieldTrustee
Bill KochSecretary
U Nekol PyleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,616
Program Service Revenue
$322,385
Investment Income
$15,812
Other Revenue
$17,306
All Other Contributions
$10,373
Change in Net Assets
$6,950
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,834
Salaries, Compensation, and Employee Benefits$132,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$61,618$0$0$61,618
Comp Disqual Persons$34,853$23,235$0$58,088
Depreciation Depletion$32,895$3,173$0$36,068
Occupancy$12,258$3,065$0$15,323
Other Expenses$13,189$0$0$13,189
Fees for Service Investment Mgmnt Fees$9,163$0$0$9,163
Payroll Taxes$5,494$3,663$0$9,157
All Other Expenses$4,498$2,097$0$6,595
Office Expenses$0$5,633$0$5,633
Insurance$4,244$1,061$0$5,305
Other Employee Benefits$1,389$2,083$0$3,472
Information Technology$0$892$0$892
Advertising$183$0$0$183
Total Functional Expenses$360,267$44,902$0$405,169
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala Dinner$18,474$18,474$1,289$17,185
Total Events$18,474$18,474$9,162$9,312
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Withheld$3,622
Gift Certificates Payable$1,017
Sales Tax Payable$605
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Barre Opera House Inc
EIN
03-0270440
Phone
8024760292
Address
PO BOX 583, BARRE, VT 05641

Signing Officer

Name
Patty Meriam
Title
Chair
Phone
8024760292
Signed
2015-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patty Meriam
Formed
1982
Legal Domicile
Vt
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
20

Preparer

Firm
Salvador and Babic PC
Address
PO Box 593, Barre, VT 05641
Preparer
Reta M Sanders CPA
Phone
8024768673
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members that contribute to the organization on an annual basis.

Pt VI, Line 11B

The organizations executive director has reviewed and approved the fully prepared 990 before filing with the irs.

Pt VI, Line 15A

The organizations executive director is compensated based on a salary set and elected by the board of directors.

Pt VI, Line 19

The organization makes its governing documents and conflict of interest policy available for public inspection at the location of the organization.

Form 990, Part IX, Line 24F

Licenses and fees 1066. 0. 1066. 0. Miscellaneous 2294. 2294. 0. 0. Professional dues & membe 0. 0. 0. 0. Fire watch 480. 0. 480. 0. Telephone 2755. 2204. 551. 0.

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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01389
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03472
IRS990/OtherExpensesGrp/Desc0CONSULTANT SERVICES
IRS990/OtherExpensesGrp/Desc1PASS THROUGH EXPENSES
IRS990/OtherExpensesGrp/Desc2BOX OFFICE EXPENSES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt010138
IRS990/OtherExpensesGrp/ProgramServicesAmt1148309
IRS990/OtherExpensesGrp/ProgramServicesAmt222036
IRS990/OtherExpensesGrp/ProgramServicesAmt313189
IRS990/OtherExpensesGrp/TotalAmt010138
IRS990/OtherExpensesGrp/TotalAmt1148309
IRS990/OtherExpensesGrp/TotalAmt222036
IRS990/OtherExpensesGrp/TotalAmt313189
IRS990/OtherLiabilitiesGrp/BOYAmt03803
IRS990/OtherLiabilitiesGrp/EOYAmt05244
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0EQUIPMENT RENTAL NON PASS
IRS990/OtherRevenueMiscGrp/Desc1HISTORIC PRESERVATION FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07049
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14601
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07049
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14601
IRS990/OtherRevenueTotalAmt011650
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03663
IRS990/PayrollTaxesGrp/ProgramServicesAmt05494
IRS990/PayrollTaxesGrp/TotalAmt09157
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PATTY MERIAM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/BusinessCd2711130
IRS990/ProgramServiceRevenueGrp/BusinessCd3711300
IRS990/ProgramServiceRevenueGrp/BusinessCd4711300
IRS990/ProgramServiceRevenueGrp/Desc0THEATER RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PASS THROUGH CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2CELEBRATION SERIES
IRS990/ProgramServiceRevenueGrp/Desc3STUDENT MATINEE
IRS990/ProgramServiceRevenueGrp/Desc4EDUCATIONAL WORKSHOPS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021713
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1109188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2166237
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412072
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt060341
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt041680
IRS990/PYOtherExpensesAmt0255841
IRS990/PYOtherRevenueAmt017493
IRS990/PYProgramServiceRevenueAmt0293323
IRS990/PYRevenuesLessExpensesAmt028588
IRS990/PYSalariesCompEmpBnftPaidAmt0128408
IRS990/PYTotalExpensesAmt0384249
IRS990/PYTotalRevenueAmt0412837
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt06950
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0396222
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043033
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043090
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: ANNUAL GALA 2010: 17588. 2011: 14089. 2012: 17526. 2013: 16340. 2014: 18474.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt069835
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt049974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0121676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0358442
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt041680
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029716
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03327
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05818
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt096353
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018474
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt016340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt017526
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt014089
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt017588
IRS990ScheduleA/OtherIncome170Grp/TotalAmt084017
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66520
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.69110
IRS990ScheduleA/PublicSupportTotal170Amt0358442
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt069835
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt049974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0121676
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0358442
IRS990ScheduleA/TotalSupportAmt0538812
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt019570
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0283486
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0303056
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0177801
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01265155
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01442956
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03622
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES WITHHELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2GIFT CERTIFICATES PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0280602
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11949
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ENDOWMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CAPITAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.03$1.94$0.81$0.72$0.09
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.03$1.79$0.65$0.69$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.02$1.78$0.68$0.66$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.04$1.74$0.74$0.49$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.04$1.54$0.49$0.20$0.29
2020Summary only. Only limited summary data is available for this year.$1.22$0.06$1.16$0.59$0.45$0.13
2019Summary only. Only limited summary data is available for this year.$1.03$0.03$1.00$0.84$0.50$0.33
2018Summary only. Only limited summary data is available for this year.$0.69$0.02$0.67$0.49$0.46$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.02$0.63$0.46$0.45$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.59$0.47$0.44$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.58$0.41$0.41$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.57$0.41$0.38$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.01$0.54$0.35$0.45$0.10
2012Summary only. Only limited summary data is available for this year.$0.66$0.02$0.64$0.34$0.38$0.03