Civic Intelligence

Bexar County Arts and Cultural Fund

990 • Fiscal year 2016 • EIN 20-0419405

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 01, 2017

1149 E Commerce Street Room 200San Antonio, TX 78205

(210) 212-8303

Siviq Scores

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

Liabilities / Assets

78th percentile

0.11x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.01x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

61st percentile

8.1%

Higher net margin than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

98th percentile

$112,872

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 35.3% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

94th percentile

167%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$41,198

Up $25,751 (+167%) from 2015

Net Assets

Up

$36,706

Up $25,898 (+240%) from 2015

Liabilities

Down

$4,492

Down $147 (-3.2%) from 2015

Revenue

Up

$319,504

Up $112,445 (+54%) from 2015

Expenses

Up

$293,606

Up $25,962 (+9.7%) from 2015

Net Income

Up

$25,898

Up $86,483 (+143%) from 2015

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $90,997Liabilities 2010: $2,882Net Assets 2010: $88,1152010Assets 2011: $63,967Liabilities 2011: $2,574Net Assets 2011: $61,3932011Assets 2012: $50,959Liabilities 2012: $15,809Net Assets 2012: $35,1502012Assets 2013: $63,049Liabilities 2013: $13,773Net Assets 2013: $49,2762013Assets 2014: $73,537Liabilities 2014: $2,144Net Assets 2014: $71,3932014Assets 2015: $15,447Liabilities 2015: $4,639Net Assets 2015: $10,8082015Assets 2016: $41,198Liabilities 2016: $4,492Net Assets 2016: $36,7062016Assets 2017: $61,291Liabilities 2017: $5,227Net Assets 2017: $56,0642017Assets 2018: $37,807Liabilities 2018: $2,086Net Assets 2018: $35,7212018Assets 2019: $95,410Liabilities 2019: $0Net Assets 2019: $95,4102019

Highlighted filing

2016

Assets$41,198
Liabilities$4,492
Net Assets$36,706

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $381,8222010Expenses 2011: $318,0972011Expenses 2012: $331,5272012Revenue 2013: $309,805Expenses 2013: $295,679Net Income 2013: $14,1262013Revenue 2014: $261,440Expenses 2014: $233,579Net Income 2014: $27,8612014Revenue 2015: $207,059Expenses 2015: $267,644Net Income 2015: -$60,5852015Revenue 2016: $319,504Expenses 2016: $293,606Net Income 2016: $25,8982016Revenue 2017: $304,686Expenses 2017: $285,328Net Income 2017: $19,3582017Revenue 2018: $280,371Expenses 2018: $303,426Net Income 2018: -$23,0552018Revenue 2019: $236,091Expenses 2019: $176,402Net Income 2019: $59,6892019

Highlighted filing

2016

Revenue$319,504
Expenses$293,606
Net Income$25,898
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 1, 2017
Return Version
2016v3.0
Gross Receipts
$319,504
Mission and Program Overview

Mission

To support and promote arts in education by motivating and inspiring children to learn through innovative arts programs in the classroom and helping teachers bridge achievement gaps in learning and STEM education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$14,847$40,598▲ $25,751
Total Assets$15,447$41,198▲ $25,751
Other Assets Total$600$600→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,639$4,492▼ $147
Total Liabilities$4,639$4,492▼ $147
Net Assets / Fund Balance
Unrestricted Net Assets$10,808$36,706▲ $25,898
Total Net Assets Fund Balance$10,808$36,706▲ $25,898
Total Liabilities and Net Assets / Fund Balance$15,447$41,198▲ $25,751

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$11,611$11,611
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rod RubboPresident and CEOFT$92,159$20,713$112,872

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$210,989
Program Service Revenue
$108,319
Investment Income
$0
Other Revenue
$196
All Other Contributions
$210,989
Change in Net Assets
$25,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$173,178
Other Expenses$120,428
Total Fundraising Expense$7,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,159$28,786$3,000$125,945
Other Employee Benefits$30,231$7,091-$37,322
Other Expenses$35,795$42$900$35,795
Fees for Services Other$25,853--$25,853
Occupancy$6,765$5,535-$12,300
All Other Expenses$8,034$693$3,000$11,727
Payroll Taxes$7,632$2,079$200$9,911
Travel$9,153--$9,153
Advertising$4,618-$500$5,118
Information Technology$3,522--$3,522
Fees for Services Accounting$2,262$338-$2,600
Insurance-$1,944-$1,944
Office Expenses$1,257$618-$1,875
Conferences and Meetings-$311-$311
Total Functional Expenses$238,569$47,437$7,600$293,606
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
Federal income taxes-
Accrued Payroll Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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 finance committee reviews the Organizations Form 990 each year prior to its release, directing questions and comments about the tax return to the preparer. Once the Form 990 is approved by the Finance Committee, it is forwarded to the President and Chief Executive Officer for his signature and subsequent release.

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

Conflict of Interest policy issues are addressed annually by the Board members. Potential conflicts, if any, are considered by the Board and acted upon on a case by case basis when necessary. Signed conflict of interest statements are retained by the Organization. The policy is enforced by the Executive Committee.

Form 990, Part VI, Section B, Line 15A

The Board meets and reviews the Executive Directors performance on an annual basis and makes a recommendation for contract extension or cancellation based upon that review. The Executive Directors compensation package is based upon compensation and benefits arrangements of executive directors of similarly sized organizations in similarly sized markets.

Form 990, Part VI, Section C, Line 19

The organization makes its Forms 990, governing documents, conflict of interest policy, and financial statements available to the public upon request to the organizations President.

Filing and Contact Details

Filer

Filer Name
Bexar County Arts and Cultural Fund
EIN
20-0419405
Phone
2102128303
Address
1149 E Commerce Street Room 200, San Antonio, TX 78205
Doing Business As
the Arts Fund

Signing Officer

Name
Rod Rubbo
Title
President and CEO
Signed
2017-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roderick J Rubbo
Formed
2003
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Reed J Smiley CPA
Address
1550 N E Loop 410 Suite 207, San Antonio, TX 78209
Preparer
Reed J Smiley CPA
Phone
2108226900
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

consisting of 16 classroom teaching sessions over a 8 week period each. Teaching artists created 496 individual lessons plans, 682 students benefited from arts infused teaching methods, and 11 classroom teachers and 11 assistants received professional development in arts infused teaching methods.. A fee structure was created that provided substantial earned income.

Form 990, Part III, Line 2 and 3

Though theArts Fund did not completely cease its workplace program, its mission has been refocused to support and promote arts in education and it continues several campaigns iin support of its new mission. theArtsFunds not-for-profit purpose is still organized to perform charitable and educational activities as written in the articles of incorporation. theArtsFunds bylaws, have not been changed to reflect the new mission. This has been noted by the Board of Directors and will be worked on as soon as possible.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The finance committee reviews the Organizations Form 990 each year prior to its release, directing questions and comments about the tax return to the preparer. Once the Form 990 is approved by the Finance Committee, it is forwarded to the President and Chief Executive Officer for his signature and subsequent release.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of Interest policy issues are addressed annually by the Board members. Potential conflicts, if any, are considered by the Board and acted upon on a case by case basis when necessary. Signed conflict of interest statements are retained by the Organization. The policy is enforced by the Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board meets and reviews the Executive Directors performance on an annual basis and makes a recommendation for contract extension or cancellation based upon that review. The Executive Directors compensation package is based upon compensation and benefits arrangements of executive directors of similarly sized organizations in similarly sized markets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its Forms 990, governing documents, conflict of interest policy, and financial statements available to the public upon request to the organizations President.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4consisting of 16 classroom teaching sessions over a 8 week period each. Teaching artists created 496 individual lessons plans, 682 students benefited from arts infused teaching methods, and 11 classroom teachers and 11 assistants received professional development in arts infused teaching methods.. A fee structure was created that provided substantial earned income.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Though theArts Fund did not completely cease its workplace program, its mission has been refocused to support and promote arts in education and it continues several campaigns iin support of its new mission. theArtsFunds not-for-profit purpose is still organized to perform charitable and educational activities as written in the articles of incorporation. theArtsFunds bylaws, have not been changed to reflect the new mission. This has been noted by the Board of Directors and will be worked on as soon as possible.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III, Line 2 and 3
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