Civic Intelligence

Krasl Art Center Inc.

990 • Fiscal year 2012 • EIN 23-7009281

Oct 01, 2011 to Sep 30, 2012 • Filed on Feb 12, 2013

707 Lake Boulevard49085
Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

53rd percentile

2.3%

Faster asset growth than 53% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2010 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$8,837,682

No earlier filing loaded for comparison.

Net Assets

$8,793,749

No earlier filing loaded for comparison.

Liabilities

$43,933

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$952,897

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $8,837,682Liabilities 2012: $43,933Net Assets 2012: $8,793,7492012Assets 2013: $9,245,846Liabilities 2013: $32,641Net Assets 2013: $9,213,2052013Assets 2014: $9,620,922Liabilities 2014: $52,448Net Assets 2014: $9,568,4742014Assets 2015: $9,101,769Liabilities 2015: $23,165Net Assets 2015: $9,078,6042015Assets 2017: $10,760,818Liabilities 2017: $720,201Net Assets 2017: $10,040,6172017Assets 2020: $10,782,493Liabilities 2020: $514,680Net Assets 2020: $10,267,8132020Assets 2021: $11,694,289Liabilities 2021: $69,157Net Assets 2021: $11,625,1322021Assets 2022: $9,652,045Liabilities 2022: $29,893Net Assets 2022: $9,622,1522022

Highlighted filing

2012

Assets$8,837,682
Liabilities$43,933
Net Assets$8,793,749

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $952,8972012Expenses 2013: $1,004,1702013Revenue 2014: $924,713Expenses 2014: $1,012,777Net Income 2014: -$88,0642014Revenue 2015: $989,412Expenses 2015: $1,051,222Net Income 2015: -$61,8102015Revenue 2017: $1,810,400Expenses 2017: $1,328,549Net Income 2017: $481,8512017Revenue 2020: $866,895Expenses 2020: $966,832Net Income 2020: -$99,9372020Revenue 2021: $1,452,128Expenses 2021: $991,687Net Income 2021: $460,4412021Revenue 2022: $964,721Expenses 2022: $1,226,966Net Income 2022: -$262,2452022

Highlighted filing

2012

Revenue-
Expenses$952,897
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Feb 12, 2013
Return Version
2011v1.2
Gross Receipts
$1,528,755
Mission and Program Overview

Mission

Inspire meaningful change and strengthen community through the visual arts.

Major Activities

Activity 2
Curatorial - the organization features exceptional fine art exhibitions throughout the year including historical and contemporary art in its main galleries, and installation-based immersive experiences in the artlab. Additionally, contemporary sculpture from the organization's permanent collection is showcased 24 hours a day, 365 days of the year in outdoor locations on the center's grounds, at local college campuses as well as city and county parks from new buffalo to south haven, michigan. This past year the organization featured a total of 14 exhibitions in its galleries, attracted more than 7,000 guests to its indoor galleries and showcased 26 new outdoor sculptures throughout the twin cities of st. Joseph and benton harbor michigan.
Activity 3
Art education - the organization provides foundational fine art classes for all ages and skill sets, teaches school-aged children to place art in contexts through tour-based and outreach programs, as well as provides free public programs to adults and special outreach programs to targeted audiences such as children in hospitals. This year the organization offered 107 art classes, and gave tours to 790 students. This is just a snapshot of arts education and services provided by the organization annually to its community.
Filing and Contact Details

Filer

EIN
23-7009281
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IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus3Years0194039
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus4Years0268984
IRS990ScheduleA/AmtsFromSubstContributors/Total01129591
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear0508396
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year0304367
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years0301608
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years0242513
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years0312797
IRS990ScheduleA/GiftsGrantsContribReceived509/Total01669681
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear072095
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year070031
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years069378
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years0105640
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years0112085
IRS990ScheduleA/GrossInvestmentIncome509/Total0429229
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear0243008
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year0353242
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years0310254
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years0311142
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years0289576
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total01507222
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear072095

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