Civic Intelligence

Big Car Media Inc.

990 • Fiscal year 2019 • EIN 11-3725157

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 27, 2020

1125 Cruft StIndianapolis, IN 46203

(317) 450-6630

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

37th percentile

0.04x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

74th percentile

$115,500

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-59%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,784,156

Up $559,472 (+13%) from 2018

Net Assets

Up

$4,713,781

Up $553,407 (+13%) from 2018

Liabilities

Up

$70,375

Up $6,065 (+9.4%) from 2018

Revenue

Down

$1,645,505

Down $2,371,585 (-59%) from 2018

Expenses

Down

$1,093,865

Down $4,116 (-0.4%) from 2018

Net Income

Down

$551,640

Down $2,367,469 (-81%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $31,050Liabilities 2010: $0Net Assets 2010: $31,0502010Assets 2011: $45,113Liabilities 2011: $0Net Assets 2011: $45,1132011Assets 2012: $170,565Liabilities 2012: $15,101Net Assets 2012: $155,4642012Assets 2013: $277,813Liabilities 2013: $23,134Net Assets 2013: $254,6792013Assets 2014: $673,588Liabilities 2014: $95,369Net Assets 2014: $578,2192014Assets 2015: $1,386,322Liabilities 2015: $78,758Net Assets 2015: $1,307,5642015Assets 2016: $1,119,620Liabilities 2016: $85,663Net Assets 2016: $1,033,9572016Assets 2018: $4,224,684Liabilities 2018: $64,310Net Assets 2018: $4,160,3742018Assets 2019: $4,784,156Liabilities 2019: $70,375Net Assets 2019: $4,713,7812019Assets 2020: $5,173,871Liabilities 2020: $145,502Net Assets 2020: $5,028,3692020Assets 2021: $5,319,816Liabilities 2021: $302,597Net Assets 2021: $5,017,2192021Assets 2022: $5,787,350Liabilities 2022: $814,333Net Assets 2022: $4,973,0172022Assets 2023: $7,847,732Liabilities 2023: $870,019Net Assets 2023: $6,977,7132023Assets 2024: $9,876,979Liabilities 2024: $3,184,190Net Assets 2024: $6,692,7892024

Highlighted filing

2019

Assets$4,784,156
Liabilities$70,375
Net Assets$4,713,781

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $96,422Expenses 2010: $106,882Net Income 2010: -$10,4602010Expenses 2011: $206,2522011Expenses 2012: $343,4222012Revenue 2013: $643,121Expenses 2013: $602,407Net Income 2013: $40,7142013Revenue 2014: $1,161,407Expenses 2014: $839,106Net Income 2014: $322,3012014Revenue 2015: $1,504,206Expenses 2015: $773,127Net Income 2015: $731,0792015Revenue 2016: $712,624Expenses 2016: $984,483Net Income 2016: -$271,8592016Revenue 2018: $4,017,090Expenses 2018: $1,097,981Net Income 2018: $2,919,1092018Revenue 2019: $1,645,505Expenses 2019: $1,093,865Net Income 2019: $551,6402019Revenue 2020: $1,321,999Expenses 2020: $1,009,042Net Income 2020: $312,9572020Revenue 2021: $1,025,916Expenses 2021: $1,039,826Net Income 2021: -$13,9102021Revenue 2022: $1,405,326Expenses 2022: $1,428,870Net Income 2022: -$23,5442022Revenue 2023: $3,859,062Expenses 2023: $1,856,652Net Income 2023: $2,002,4102023Revenue 2024: $2,310,974Expenses 2024: $2,589,319Net Income 2024: -$278,3452024

Highlighted filing

2019

Revenue$1,645,505
Expenses$1,093,865
Net Income$551,640
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 27, 2020
Return Version
2019v5.0
Gross Receipts
$1,664,225
Mission and Program Overview

Mission

Bring art to people and people to art, sparking creativity, supporting communities. As an adaptive and flexible cultural organization, big car draws together people of all backgrounds to promote and perpetuate creativity, invigorate public places, and support better neighborhoods. Big car is a creative community building working to boost livability from an engagement-based arts perspective.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,225$3,309,814▲ $3,303,589
Land, Buildings, and Equipment, Net$972,580$1,097,458▲ $124,878
Cash and Non-Interest-Bearing Accounts$287,329$140,306▼ $147,023
Savings and Temporary Cash Investments$2,894,479$130,114▼ $2,764,365
Accounts Receivable$62,197$60,176▼ $2,021
Pledges and Grants Receivable-$44,475-
Prepaid Expenses and Deferred Charges$1,874$1,813▼ $61
Total Assets$4,224,684$4,784,156▲ $559,472
Liabilities
Other Liabilities$30,579$51,913▲ $21,334
Accounts Payable and Accrued Expenses$33,731$18,462▼ $15,269
Total Liabilities$64,310$70,375▲ $6,065
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,036,095$3,590,944▲ $554,849
Net Assets Without Donor Restrictions$1,124,279$1,122,837▼ $1,442
Total Net Assets Fund Balance$4,160,374$4,713,781▲ $553,407
Total Liabilities and Net Assets / Fund Balance$4,224,684$4,784,156▲ $559,472

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$946,847$119,999$1,066,846
Equipment$45,611$228,216$273,827
Land$105,000-$105,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James J WalkerExecutive DiFT$109,500$6,000$115,500

Board Members and Trustees

NameTitle
Linda BrundagePresident
David YoshaBoard Member
Ed MahernBoard Member
Felix MedinaBoard Member
Jane HenegarBoard Member
John L ClarkBoard Member
Mali JeffersBoard Member
Ursula DavidPast Presid
Diana Hartley MutzPast Preside
Jenifer BrownSecretary
Sam B SutphinTreasurer
Justin StuehrenbergVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,137,463
Program Service Revenue
$374,356
Investment Income
$47,458
Other Revenue
$86,228
All Other Contributions
$1,061,459
Change in Net Assets
$551,640

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,645,505
Revenue Not Reported on Form 990
$20,487
Total Revenue per Audited Statements
$1,665,992
Total Revenue per Form 990
$1,645,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$673,628
Salaries, Compensation, and Employee Benefits$420,237
Total Fundraising Expense$46,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$157,957$81,970$17,980$257,907
Current Officers, Directors, Trustees, and Key Employees$70,739$36,709$8,052$115,500
Depreciation Depletion-$80,493-$80,493
Fees for Services Accounting$13,607$37,113$2,822$53,542
Occupancy$44,000$8,998-$52,998
Insurance$9,912$25,197-$35,109
Fees for Services Other$8,892$24,254$1,845$34,991
Payroll Taxes$17,657$9,163$2,010$28,830
Advertising$21,641$4,582$666$26,889
All Other Expenses$7,840$14,762$1,759$24,361
Travel$6,040$13,964$225$20,229
Other Expenses$10,739$792$7,383$18,914
Other Employee Benefits$11,024$5,721$1,255$18,000
Fees for Services Legal$1,886$5,145$391$7,422
Information Technology$1,704$2,988-$4,692
Office Expenses$2,039$791$201$3,031
Total Functional Expenses$673,375$374,473$46,017$1,093,865

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,112,585
Expenses per Audited Statements$1,093,865
Total Expenses per Form 990$1,093,865
Expenses Not Reported on Form 990$18,720
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts Held for Beneficiaries$51,913
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

All directors receive a copy of forms 990 and np-20 (indiana) prior to filing the returns. They are asked to review the returns and bring comments and/or questions to the attention of the treasurer, executive director, and/or board chairperson.

Form 990, Page 6, Part VI, Line 12C

Officer, directors, and key employees complete a conflict of interest disclosure form annually. If a conflict is noted, it is summarized and presented to the governing board. Any board member who has a conflict of interest abstains from voting on the related issue and may not be involved in any discussion pertaining to that particular issue.

Form 990, Page 6, Part VI, Line 15A

Under the direction of the treasurer, staff gathers independent market data and/or compensation surveys, and provides a summary of this information to the governing board, who uses it in determining the executive director's and other key employees' compensation. This process occurs annually.

Form 990, Page 6, Part VI, Line 15B

SAME AS LINE 15A

Form 990, Page 6, Part VI, Line 18

Forms 990 and np-20, governing documents, financial statements, and the conflict of interest policy are all available to the public upon request.

Form 990, Page 6, Part VI, Line 19

Forms 990 and np-20, governing documents, financial statements, and the conflict of interest policy are all available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Big Car Media Inc
EIN
11-3725157
Phone
3174506630
Address
1125 CRUFT ST, INDIANAPOLIS, IN 46203
Doing Business As
Big Car Collaborative

Signing Officer

Name
James J Walker
Title
Executive Director
Phone
3174506630
Signed
2020-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James J Walker
Formed
2004
Legal Domicile
In
Voting Board Members
11
Independent Board Members
11
Employees
12
Volunteers
750

Preparer

Firm
Alerding CPA Group
Address
4181 E 96TH ST STE 180, INDIANAPOLIS, IN 46240
Preparer
Robert K Brinkers CPA
Phone
3175694181
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bring art to people and people to art, sparking creativity, supporting communities. As an adaptive and flexible cultural organization, big car draws together people of all backgrounds to promote and perpetuate creativity, invigorate public places, and support better neighborhoods. Big car is a creative community building working to boost livability from an engagement-based arts perspective.

Form 990, Page 2, Part III, Line 4D

Cruft street commons: big car's artist and public life residency (aplr) program supports artists who use their talents to drive positive community change. On the cruft street block, we offer 5 affordable homes for artists to be owned and 8 more as subsidized rentals, all previously vacant. And, recently, we raised 4 million in grant funding to transform an adjacent 44,000 square-foot building into a studio, exhibition, and performance center with an outdoor sculpture garden. With this, we're now able to grow our established program into a vibrant community of artists. In 2019, we purchased four vacant homes and a former church on our cruft street block. We began renovations to make them affordable (30% off market-rate) rental homes for artists. These are in addition to five other homes being purchased by artists in a partnership with riley area development. Our affordable artist housing program now has eight artists in place, living on our block and leading programming with support from big car staff. Last year, we moved three more artists through the mortgage process to acquire their home loans. We will begin renovations to the larger factory building this year.

Form 990, Part XI, Line 9

Cost of goods sold 18,720 cost of goods sold -18,720

Financial Statement Notes

Schedule D, Page 3, Part X

Management of the organization evaluates all significant tax positions to ensure compliance with its exempt purposes as required by u.s. Gaap, including consideration of any unrelated business income tax. As of december 31, 2019, management does not believe the organization has taken any positions that are not in compliance with its exempt purpose. The organization's federal and state tax returns remain open and subject to examination beginning with the tax year ended december 31, 2016.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 18,720

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 18,720

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IRS990/MissionDesc0BRING ART TO PEOPLE AND PEOPLE TO ART, SPARKING CREATIVITY, SUPPORTING COMMUNITIES. AS AN ADAPTIVE AND FLEXIBLE CULTURAL ORGANIZATION, BIG CAR DRAWS TOGETHER PEOPLE OF ALL BACKGROUNDS TO PROMOTE AND PERPETUATE CREATIVITY, INVIGORATE PUBLIC PLACES, AND SUPPORT BETTER NEIGHBORHOODS. BIG CAR IS A CREATIVE COMMUNITY BUILDING WORKING TO BOOST LIVABILITY FROM AN ENGAGEMENT-BASED ARTS PERSPECTIVE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0FEE-FOR-SERVICE AND PLACEMAKING: BIG CAR ENGAGES THE PUBLIC BY ACTIVATING LOCATIONS WITH ENGAGING CULTURAL/CREATIVE ACTIVITIES, AT THE INVITATION OF GOVERNMENTAL, CORPORATE AND NON-PROFIT PARTNERS. THESE PLACEMAKING EFFORTS BRING PEOPLE TO A SPACE, CONNECT WITH IT, AND/OR RE-IMAGINE FUTURE USES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0DESIGN FOR GOOD: BIG CAR OFFERS QUALITY, MODERATE-COST DESIGN AND BRANDING SERVICES, AND EVENT AND MARKETING PLANNING TO NON-PROFITS, COMMUNITY ORGANIZATIONS, AND OTHER PUBLIC ENTITIES. GOOD, THOUGHTFUL DESIGN ENGAGES PEOPLE AND TRANSFORMS COMMUNITIES, ENERGIZING THESE PRO-SOCIAL MISSIONS. BIG CAR ALSO PROVIDES VIDEO PRODUCTION, T-SHIRT DESIGN AND PRODUCTION, EXHIBITION DESIGN, SIGNAGE AND WAYFINDING, AS WELL AS EXPERIENCE DESIGN. PUBLIC ART AND PROGRAMMING: BIG CAR BRINGS ART ACTIVITIES TO PUBLIC LOCATIONS INCLUDING MARKETS AND PARKS. BIG CAR PRODUCES MURALS IN PUBLIC PLACES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CRUFT STREET COMMONS: BIG CAR'S ARTIST AND PUBLIC LIFE RESIDENCY (APLR) PROGRAM SUPPORTS ARTISTS WHO USE THEIR TALENTS TO DRIVE POSITIVE COMMUNITY CHANGE. ON THE CRUFT STREET BLOCK, WE OFFER 5 AFFORDABLE HOMES FOR ARTISTS TO BE OWNED AND 8 MORE AS SUBSIDIZED RENTALS, ALL PREVIOUSLY VACANT. AND, RECENTLY, WE RAISED 4 MILLION IN GRANT FUNDING TO TRANSFORM AN ADJACENT 44,000 SQUARE-FOOT BUILDING INTO A STUDIO, EXHIBITION, AND PERFORMANCE CENTER WITH AN OUTDOOR SCULPTURE GARDEN. WITH THIS, WE'RE NOW ABLE TO GROW OUR ESTABLISHED PROGRAM INTO A VIBRANT COMMUNITY OF ARTISTS. IN 2019, WE PURCHASED FOUR VACANT HOMES AND A FORMER CHURCH ON OUR CRUFT STREET BLOCK. WE BEGAN RENOVATIONS TO MAKE THEM AFFORDABLE (30% OFF MARKET-RATE) RENTAL HOMES FOR ARTISTS. THESE ARE IN ADDITION TO FIVE OTHER HOMES BEING PURCHASED BY ARTISTS IN A PARTNERSHIP WITH RILEY AREA DEVELOPMENT. OUR AFFORDABLE ARTIST HOUSING PROGRAM NOW HAS EIGHT ARTISTS IN PLACE, LIVING ON OUR BLOCK AND LEADING PROGRAMMING WITH SUPPORT FROM BIG CAR STAFF. LAST YEAR, WE MOVED THREE MORE ARTISTS THROUGH THE MORTGAGE PROCESS TO ACQUIRE THEIR HOME LOANS. WE WILL BEGIN RENOVATIONS TO THE LARGER FACTORY BUILDING THIS YEAR.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.88$3.18$6.69$2.31$2.59$0.28
2023Detailed filing. Detailed filing data is available for this year.$7.85$0.87$6.98$3.86$1.86$2.00
2022Detailed filing. Detailed filing data is available for this year.$5.79$0.81$4.97$1.41$1.43$0.02
2021Detailed filing. Detailed filing data is available for this year.$5.32$0.30$5.02$1.03$1.04$0.01
2020Detailed filing. Detailed filing data is available for this year.$5.17$0.15$5.03$1.32$1.01$0.31
2019Detailed filing. Detailed filing data is available for this year.$4.78$0.07$4.71$1.65$1.09$0.55
2018Detailed filing. Detailed filing data is available for this year.$4.22$0.06$4.16$4.02$1.10$2.92
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.09$1.03$0.71$0.98$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.08$1.31$1.50$0.77$0.73
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.10$0.58$1.16$0.84$0.32
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.25$0.64$0.60$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.02$0.16$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.10$0.11$0.01