Civic Intelligence

Circle Cinema Foundation Inc.

990 • Fiscal year 2018 • EIN 05-0527339

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

8 S Lewis AvenueTulsa, OK 74104

(918) 585-3496

Siviq Scores

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

Liabilities / Assets

48th percentile

0.07x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.22x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$59,277

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.2%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

74th percentile

20%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,487,829

Up $8,618 (+0.2%) from 2017

Net Assets

Up

$3,228,702

Up $41,994 (+1.3%) from 2017

Liabilities

Down

$259,127

Down $33,376 (-11%) from 2017

Revenue

Up

$1,186,236

Up $195,479 (+20%) from 2017

Expenses

Up

$1,048,331

Up $44,010 (+4.4%) from 2017

Net Income

Up

$137,905

Up $151,469 (+1117%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,450,673Liabilities 2010: $190,000Net Assets 2010: $2,260,6732010Assets 2011: $2,547,404Liabilities 2011: $180,000Net Assets 2011: $2,367,4042011Assets 2012: $2,834,072Liabilities 2012: $454,806Net Assets 2012: $2,379,2662012Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $3,765,137Liabilities 2014: $729,630Net Assets 2014: $3,035,5072014Assets 2015: $3,752,932Liabilities 2015: $588,769Net Assets 2015: $3,164,1632015Assets 2016: $3,504,469Liabilities 2016: $331,975Net Assets 2016: $3,172,4942016Assets 2017: $3,479,211Liabilities 2017: $292,503Net Assets 2017: $3,186,7082017Assets 2018: $3,487,829Liabilities 2018: $259,127Net Assets 2018: $3,228,7022018Assets 2019: $3,427,080Liabilities 2019: $193,968Net Assets 2019: $3,233,1122019Assets 2020: $3,013,078Liabilities 2020: $160,565Net Assets 2020: $2,852,5132020Assets 2021: $3,286,814Liabilities 2021: $69,268Net Assets 2021: $3,217,5462021Assets 2022: $2,980,267Liabilities 2022: $21,808Net Assets 2022: $2,958,4592022Assets 2023: $2,777,442Liabilities 2023: $27,038Net Assets 2023: $2,750,4042023Assets 2024: $2,731,348Liabilities 2024: $15,613Net Assets 2024: $2,715,7352024

Highlighted filing

2018

Assets$3,487,829
Liabilities$259,127
Net Assets$3,228,702

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $436,187Expenses 2010: $482,344Net Income 2010: -$46,1572010Revenue 2011: $399,645Expenses 2011: $519,914Net Income 2011: -$120,2692011Expenses 2012: $483,2552012Revenue 2013: $509,644Expenses 2013: $147,383Net Income 2013: $362,2612013Revenue 2014: $775,317Expenses 2014: $638,400Net Income 2014: $136,9172014Revenue 2015: $948,693Expenses 2015: $818,075Net Income 2015: $130,6182015Revenue 2016: $1,132,145Expenses 2016: $904,474Net Income 2016: $227,6712016Revenue 2017: $990,757Expenses 2017: $1,004,321Net Income 2017: -$13,5642017Revenue 2018: $1,186,236Expenses 2018: $1,048,331Net Income 2018: $137,9052018Revenue 2019: $1,086,419Expenses 2019: $1,088,329Net Income 2019: -$1,9102019Revenue 2020: $477,832Expenses 2020: $905,446Net Income 2020: -$427,6142020Revenue 2021: $1,377,214Expenses 2021: $1,008,028Net Income 2021: $369,1862021Revenue 2022: $1,082,953Expenses 2022: $1,343,029Net Income 2022: -$260,0762022Revenue 2023: $1,334,909Expenses 2023: $1,522,045Net Income 2023: -$187,1362023Revenue 2024: $1,382,044Expenses 2024: $1,408,315Net Income 2024: -$26,2712024

Highlighted filing

2018

Revenue$1,186,236
Expenses$1,048,331
Net Income$137,905
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,250,669
Mission and Program Overview

Mission

To use film to foster understanding and appreciation of the diversity of the human experience and create community among the viewers in the restored historic circle cinema. To educate, enlighten, entertain and enhance community consciousness through film. Activities include the presentation of independent, documentary, foreign and classic films; collaboration with other community nonprofit organizations on films that tie to social, health, environmental, civic, historic and religious issues; partnerships with schools and school groups to present educational films to students; support of local filmmaking through the screening of films made in oklahoma.

To use film to foster understanding and appreciation of the diversity of the human experience and create community among the viewers in the restored historic circle cinema. To educate, enlighten, entertain and enhance community consciousness through film. Activities include the presentation of independent, documentary, foreign and classic films; collaboration with other community nonprofit organizations on films that tie to social, health, environmental, civic, historic and religious issues; partnerships with schools and school groups to present educational films to students; support of local filmmaking through the screening of films made in oklahoma; and preservation of the historic circle cinema building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,025,882$2,953,665▼ $72,217
Savings and Temporary Cash Investments$341,234$471,673▲ $130,439
Loans From Officers Directors$209,087$153,087▼ $56,000
Pledges and Grants Receivable$36,025$0▼ $36,025
Accounts Receivable$26,915$25,678▼ $1,237
Investments in Publicly Traded Securities-$25,084-
Cash and Non-Interest-Bearing Accounts$49,155$11,729▼ $37,426
Total Assets$3,479,211$3,487,829▲ $8,618
Liabilities
Accounts Payable and Accrued Expenses$45,916$68,540▲ $22,624
Unsecured Notes Loans Payable$37,500$37,500→ $0
Total Liabilities$292,503$259,127▼ $33,376
Net Assets / Fund Balance
Unrestricted Net Assets$3,185,097$3,201,957▲ $16,860
Temporarily Rstr Net Assets$1,611$26,745▲ $25,134
Total Net Assets Fund Balance$3,186,708$3,228,702▲ $41,994
Total Liabilities and Net Assets / Fund Balance$3,479,211$3,487,829▲ $8,618

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,803,587$937,405$3,740,992
Equipment$120,429$306,675$427,104
Other Land Buildings$29,649$53,932$83,581

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018-$25,000▲ $84-$25,084
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie LafeversExecutive DirectorFT$46,170$13,107$59,277

Board Members and Trustees

NameTitle
Clark WiensPresident
Beth BoviardVice President
Alicia HausBoard Member
Clifton RaphaelBoard Member
Jody Jill McintyreBoard Member
Joe AdwonBoard Member
Kirk VanvalkenburghBoard Member
Michael WrightBoard Member
Michelle HoffmanBoard Member
Sofia NoshayBoard Member
Steve HigginsBoard Member
Tom HorneBoard Member
William J Doyle IiiSecretary
Jay EshelmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$369,636
Program Service Revenue
$677,349
Investment Income
$124
Other Revenue
$139,127
All Other Contributions
$257,651
Change in Net Assets
$137,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$711,514
Salaries, Compensation, and Employee Benefits$336,817
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$221,145--$221,145
Depreciation Depletion$125,821$1,271-$127,092
Occupancy-$66,488-$66,488
Current Officers, Directors, Trustees, and Key Employees-$59,277-$59,277
All Other Expenses$34,045$23,443-$57,488
Advertising$40,339$10,085-$50,424
Other Employee Benefits$28,230$7,567-$35,797
Insurance-$31,820-$31,820
Other Expenses$26,364$31,091-$26,364
Payroll Taxes$16,244$4,354-$20,598
Travel-$9,130-$9,130
Office Expenses-$5,298-$5,298
Fees for Services Other$3,885$1,041-$4,926
Fees for Services Legal-$2,482-$2,482
Fees for Services Accounting-$2,085-$2,085
Total Functional Expenses$792,899$255,432$0$1,048,331
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
Loans from Officers, Directors, Trustees, and Key Employees$209,087$153,087▼ $56,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Key officers and the executive director review the form 990 before filing.

Form 990, Part VI, Section B, Line 12C

Board members and staff are to complete a disclosure statement annually and if/when their circumstances change. If conflict is disclosed, it will then be reviewed by the board at the following meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public in writing upon request.

Filing and Contact Details

Filer

Filer Name
Circle Cinema Foundation
EIN
05-0527339
Phone
9185853496
Address
8 S LEWIS AVENUE, TULSA, OK 74104

Signing Officer

Name
Clark Wiens
Title
President
Phone
9185853496
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clark Wiens
Formed
2002
Legal Domicile
Ok
Voting Board Members
14
Independent Board Members
14
Employees
11
Volunteers
14

Preparer

Firm
Hogantaylor Llp
Address
1225 N BROADWAY AVENUE SUITE 200, OKLAHOMA CITY, OK 73103
Preparer
Ashley M Fogle
Phone
4058482020
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Circle cinema foundation expanded its film arts programming by presenting the inaugural circle cinema film festival in july 2018 as a nine-day program in celebration of the circle's 90th birthday. The festival included film, music and artistic programming and included special guests and filmmakers adding commentary and insight during hosted discussions. The festival will be added to circle cinema foundation's annual programming activities.

FORM 990, PART XI, LINE 9:

Accrual to cash adjustment -95,911.

Raw XML AppendixShowing 400 of 534 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.02$2.72$1.38$1.41$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.78$0.03$2.75$1.33$1.52$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.98$0.02$2.96$1.08$1.34$0.26
2021Detailed filing. Detailed filing data is available for this year.$3.29$0.07$3.22$1.38$1.01$0.37
2020Detailed filing. Detailed filing data is available for this year.$3.01$0.16$2.85$0.48$0.91$0.43
2019Detailed filing. Detailed filing data is available for this year.$3.43$0.19$3.23$1.09$1.09$0.00
2018Detailed filing. Detailed filing data is available for this year.$3.49$0.26$3.23$1.19$1.05$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.48$0.29$3.19$0.99$1.00$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.50$0.33$3.17$1.13$0.90$0.23
2015Detailed filing. Detailed filing data is available for this year.$3.75$0.59$3.16$0.95$0.82$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.77$0.73$3.04$0.78$0.64$0.14
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.51$0.15$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.45$2.38$0.48
2011Summary only. Only limited summary data is available for this year.$2.55$0.18$2.37$0.40$0.52$0.12
2010Summary only. Only limited summary data is available for this year.$2.45$0.19$2.26$0.44$0.48$0.05
Peer Organizations

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