Civic Intelligence

Abington Art Center Inc.

990 • Fiscal year 2016 • EIN 23-1633530

Jun 01, 2015 to May 31, 2016 • Filed on Jan 23, 2017

515 Meetinghouse RoadJenkintown, PA 19046

(215) 887-4882

Siviq Scores

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

Liabilities / Assets

70th percentile

0.31x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

1.09x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

72nd percentile

9.7%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-24%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,804,273

Up $159,850 (+9.7%) from 2015

Net Assets

Down

$1,244,152

Down $29,451 (-2.3%) from 2015

Liabilities

Up

$560,121

Up $189,301 (+51%) from 2015

Revenue

Down

$514,736

Down $160,948 (-24%) from 2015

Expenses

Down

$572,947

Down $99,068 (-15%) from 2015

Net Income

Down

-$58,211

Down $61,880 (-1687%) from 2015

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 2011: $1,889,511Liabilities 2011: $312,235Net Assets 2011: $1,577,2762011Assets 2012: $1,911,202Liabilities 2012: $333,905Net Assets 2012: $1,577,2972012Assets 2013: $1,789,009Liabilities 2013: $358,924Net Assets 2013: $1,430,0852013Assets 2014: $1,627,264Liabilities 2014: $357,330Net Assets 2014: $1,269,9342014Assets 2015: $1,644,423Liabilities 2015: $370,820Net Assets 2015: $1,273,6032015Assets 2016: $1,804,273Liabilities 2016: $560,121Net Assets 2016: $1,244,1522016Assets 2017: $1,704,024Liabilities 2017: $417,088Net Assets 2017: $1,286,9362017Assets 2018: $1,542,680Liabilities 2018: $341,161Net Assets 2018: $1,201,5192018Assets 2019: $1,464,682Liabilities 2019: $256,878Net Assets 2019: $1,207,8042019Assets 2020: $1,353,478Liabilities 2020: $185,141Net Assets 2020: $1,168,3372020Assets 2021: $1,361,669Liabilities 2021: $341,276Net Assets 2021: $1,020,3932021Assets 2022: $1,589,726Liabilities 2022: $565,080Net Assets 2022: $1,024,6462022Assets 2023: $1,543,695Liabilities 2023: $664,297Net Assets 2023: $879,3982023Assets 2024: $1,329,799Liabilities 2024: $589,181Net Assets 2024: $740,6182024

Highlighted filing

2016

Assets$1,804,273
Liabilities$560,121
Net Assets$1,244,152

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $667,5022011Revenue 2012: $732,536Expenses 2012: $732,515Net Income 2012: $212012Expenses 2013: $759,6552013Revenue 2014: $532,603Expenses 2014: $692,754Net Income 2014: -$160,1512014Revenue 2015: $675,684Expenses 2015: $672,015Net Income 2015: $3,6692015Revenue 2016: $514,736Expenses 2016: $572,947Net Income 2016: -$58,2112016Revenue 2017: $648,509Expenses 2017: $634,286Net Income 2017: $14,2232017Revenue 2018: $421,645Expenses 2018: $507,062Net Income 2018: -$85,4172018Revenue 2019: $433,214Expenses 2019: $426,929Net Income 2019: $6,2852019Revenue 2020: $380,655Expenses 2020: $420,122Net Income 2020: -$39,4672020Revenue 2021: $189,202Expenses 2021: $337,146Net Income 2021: -$147,9442021Revenue 2022: $582,841Expenses 2022: $578,588Net Income 2022: $4,2532022Revenue 2023: $563,211Expenses 2023: $708,459Net Income 2023: -$145,2482023Revenue 2024: $723,630Expenses 2024: $803,220Net Income 2024: -$79,5902024

Highlighted filing

2016

Revenue$514,736
Expenses$572,947
Net Income-$58,211
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Jan 23, 2017
Return Version
2015v3.0
Gross Receipts
$514,736
Mission and Program Overview

Mission

To provide visual arts and cultural programs for the community including exhibitions, studio classes, public programs and outreach for special needs audiences. The center serves over 30,000 people each year.

The abington art center is a non-profit organization whose purpose is to provide and encourage programs and activities furthering art appreciation including exhibitions, arts and crafts, classes, and scholarship awards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,451,270$1,522,980▲ $71,710
Savings and Temporary Cash Investments$153,089$155,276▲ $2,187
Pledges and Grants Receivable$30,500$116,760▲ $86,260
Cash and Non-Interest-Bearing Accounts$6,231$6,821▲ $590
Inventories for Sale or Use$3,333$1,501▼ $1,832
Prepaid Expenses and Deferred Charges-$935-
Total Assets$1,644,423$1,804,273▲ $159,850
Liabilities
Deferred Revenue$42,692$278,583▲ $235,891
Mortgage Notes Payable Secured by Investment Property$286,011$232,974▼ $53,037
Accounts Payable and Accrued Expenses$42,117$48,564▲ $6,447
Total Liabilities$370,820$560,121▲ $189,301
Net Assets / Fund Balance
Unrestricted Net Assets$1,127,560$1,239,909▲ $112,349
Temporarily Rstr Net Assets$146,043$4,243▼ $141,800
Total Net Assets Fund Balance$1,273,603$1,244,152▼ $29,451
Total Liabilities and Net Assets / Fund Balance$1,644,423$1,804,273▲ $159,850

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$907,328$616,658$1,523,986
Other Land Buildings$602,261$310,419$912,680
Equipment$13,391$95,469$108,860
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$132,813
Program Service Revenue
$381,890
Investment Income
$33
Other Revenue
$0
All Other Contributions
$99,088
Change in Net Assets
$-58,211

Audited Revenue Reconciliation

Revenue per Audited Statements
$514,736
Revenue Not Reported on Form 990
$28,760
Total Revenue per Audited Statements
$543,496
Total Revenue per Form 990
$514,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,011
Salaries, Compensation, and Employee Benefits$175,936
Total Fundraising Expense$34,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$113,461$44,145$17,030$174,636
Other Salaries and Wages$89,224$42,641$5,498$137,363
Depreciation Depletion$0$71,035$0$71,035
Office Expenses$29,186$13,412$3,149$45,747
Occupancy$18,552$8,866$1,143$28,561
Insurance$14,224$6,798$877$21,899
Payroll Taxes$12,886$6,159$794$19,839
Current Officers, Directors, Trustees, and Key Employees$11,618$5,552$716$17,886
Interest$24$12,488$0$12,512
Advertising$5,501$1,122$5,469$12,092
Other Expenses$2,392$5,967$0$8,359
Fees for Services Accounting$0$3,400$0$3,400
Other Employee Benefits$551$263$34$848
Total Functional Expenses$299,870$238,367$34,710$572,947

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$572,947
Total Expenses per Audited Statements$572,947
Total Expenses per Form 990$572,947
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Abington Art Center
EIN
23-1633530
Phone
2158874882
Address
515 MEETINGHOUSE ROAD, JENKINTOWN, PA 19046

Signing Officer

Name
Joseph Mchugh
Title
Treasurer
Phone
2158874882
Signed
2017-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Mchugh
Formed
1939
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
24
Volunteers
45

Preparer

Firm
John E Mcgovern & Associates Pc
Address
4109 MAIN STREET, PHILADELPHIA, PA 19127
Preparer
John E Mcgovern CPA Mst
Phone
2154835555
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A complete draft copy of form 990 is provided to the governing board members, who are given approximately two weeks to comment. Once all comments have been addressed, the final form 990 is filed.

Pt VI, Line 12C

The governance committee for the abington art center is responsible for monitoring compliance with its conflict of interest policy.

Pt VI, Line 15A

A committee of the board is selected to perform the annual review of the executive director. The committee consults with other cultural organization websites as well as the national salary registers. They then report to the executive committee, which makes a recommendation for the full board's approval with regards to compensation.

Pt VI, Line 19

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

Form 990, Part III, Line 4D

Sculpture park and gallery exhibitions: the center 3457. 0. 3789.

Financial Statement Notes

Pt III, Line 1A

The art collection, which was acquired through contributions since the center's inception, is not recognized as an asset on the statement of financial position. The value of donated collection pieces is not recorded. Any purchases or proceeds from sales would be reflected as increases or decreases in the appropriate net asset class in the year sold, as applicable.

Pt III, Line 4

The center's art collection is comprised of donated art objects used for educational and curatorial purposes. They have little or no market value.

Pt X, Line 2

Er is a public charitable organization exempt from taxation under section 501(c)(3) of the internal revenue code. Accordingly, the center's income is not subject to federal or state income taxes. Additionally, the company has been classified as an organization that is not a private foundation under section 509(a)(2). As required by fasb accounting standards codification, entities are required to determine whether it is more likely than not that a tax positionwill be sustained upon examination by the appropriate taxing authorities before any part of the benefit can be recorded in the financial statements. It also provides guidance on the recognition, measurement, and classification of income tax uncertainties, along with any related interest or penalties. This standard had no impact on the center's financial statements. The organization's federal tax return is subject to audit by taxing authorities. The organization's returns open audit periods are for the fiscal years ending may 31, 2013-2015.

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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016519
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15967
IRS990/OtherExpensesGrp/ProgramServicesAmt02251
IRS990/OtherExpensesGrp/ProgramServicesAmt12392
IRS990/OtherExpensesGrp/TotalAmt018770
IRS990/OtherExpensesGrp/TotalAmt18359
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05498
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042641
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt089224
IRS990/OtherSalariesAndWagesGrp/TotalAmt0137363
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0794
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06159
IRS990/PayrollTaxesGrp/ProgramServicesAmt012886
IRS990/PayrollTaxesGrp/TotalAmt019839
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0116760
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0935
IRS990/PrincipalOfficerNm0JOSEPH MCHUGH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1FACILITY RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2COMMUNITY ARTS INITIATIVE
IRS990/ProgramServiceRevenueGrp/Desc3GALLERY AND EXHIBITION SALES
IRS990/ProgramServiceRevenueGrp/Desc4OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0233034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1134584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210483
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41652
IRS990/ProgSrvcAccomActy2Grp/Desc0RENTALS: THE CENTER RENTS ITS FACILITIES TO MEMBERS FOR HOSTING WEDDINGS, MITZVAHS, CORPORATE RETREATS, FAMILY REUNIONS, BIRTHDAY PARTIES, AND CHILDRENS' ART PARTIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt045956
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0143205
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY ARTS INITIATIVES: THE CENTER OFFERED PROGRAMS DESIGNED TO ENGAGE THE GENERAL PUBLIC IN THE ARTS, AS WELL AS TOURS AND WORKSHOPS FOR K-12 AND COLLEGE STUDENTS, INTERNSHIPS AND SERVICE LEARNING OPPORTUNITIES FOR TEENS, AND ART THERAPY PROGRAMS FOR SPECIAL NEEDS AUDIENCES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt049306
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt010483
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCULPTURE PARK AND GALLERY EXHIBITIONS: THE CENTER OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03457
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt03789
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0267693
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0151
IRS990/PYOtherExpensesAmt0353936
IRS990/PYOtherRevenueAmt08035
IRS990/PYProgramServiceRevenueAmt0399805
IRS990/PYRevenuesLessExpensesAmt03669
IRS990/PYSalariesCompEmpBnftPaidAmt0318079
IRS990/PYTotalExpensesAmt0672015
IRS990/PYTotalRevenueAmt0675684
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-58211
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0233034
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0153089
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155276
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0149956
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0159956
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: OTHER INCOME 2011: 39540. 2012: 47018. 2013: 32378. 2014: 20749.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt084793
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0239132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0151463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0249627
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0346287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01071302
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt028760
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt028561
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt029511
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt029761
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt015000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt0131593
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0151
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0429910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0399805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0365226
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0375725
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0384533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01955199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0369
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt020749
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt032378
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt047018
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt039540
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0139685
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.90900
IRS990ScheduleA/PublicSupportPY509Pct00.89370
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02998138
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0149956
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0159956
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0543463
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0667498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0546200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0655113
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0745820
IRS990ScheduleA/Total509Grp/TotalAmt03158094
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03298148
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/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt028760
IRS990ScheduleD/EquipmentGrp/BookValueAmt013391
IRS990ScheduleD/EquipmentGrp/DepreciationAmt095469
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108860
IRS990ScheduleD/ExpensesSubtotalAmt0572947
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0907328
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0616658
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01523986
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0602261
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0310419
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0912680
IRS990ScheduleD/RevenueNotReportedAmt028760
IRS990ScheduleD/RevenueSubtotalAmt0514736
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ART COLLECTION, WHICH WAS ACQUIRED THROUGH CONTRIBUTIONS SINCE THE CENTER'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. THE VALUE OF DONATED COLLECTION PIECES IS NOT RECORDED. ANY PURCHASES OR PROCEEDS FROM SALES WOULD BE REFLECTED AS INCREASES OR DECREASES IN THE APPROPRIATE NET ASSET CLASS IN THE YEAR SOLD, AS APPLICABLE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CENTER'S ART COLLECTION IS COMPRISED OF DONATED ART OBJECTS USED FOR EDUCATIONAL AND CURATORIAL PURPOSES. THEY HAVE LITTLE OR NO MARKET VALUE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ER IS A PUBLIC CHARITABLE ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE CENTER'S INCOME IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. ADDITIONALLY, THE COMPANY HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). AS REQUIRED BY FASB ACCOUNTING STANDARDS CODIFICATION, ENTITIES ARE REQUIRED TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITIONWILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES BEFORE ANY PART OF THE BENEFIT CAN BE RECORDED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. THIS STANDARD HAD NO IMPACT ON THE CENTER'S FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL TAX RETURN IS SUBJECT TO AUDIT BY TAXING AUTHORITIES. THE ORGANIZATION'S RETURNS OPEN AUDIT PERIODS ARE FOR THE FISCAL YEARS ENDING MAY 31, 2013-2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 1a
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01522980
IRS990ScheduleD/TotalExpensesPerForm990Amt0572947
IRS990ScheduleD/TotalRevenuePerForm990Amt0514736
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0543496
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0572947

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.59$0.74$0.72$0.80$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.66$0.88$0.56$0.71$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.57$1.02$0.58$0.58$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.36$0.34$1.02$0.19$0.34$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.19$1.17$0.38$0.42$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.26$1.21$0.43$0.43$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.54$0.34$1.20$0.42$0.51$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.70$0.42$1.29$0.65$0.63$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.80$0.56$1.24$0.51$0.57$0.06
2015Summary only. Only limited summary data is available for this year.$1.64$0.37$1.27$0.68$0.67$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.36$1.27$0.53$0.69$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.36$1.43$0.76
2012Summary only. Only limited summary data is available for this year.$1.91$0.33$1.58$0.73$0.73$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.31$1.58$0.67