Civic Intelligence

Thunder Bay Arts Council Inc.

990EZ • Fiscal year 2021 • EIN 23-7132788

Sep 01, 2020 to Aug 31, 2021 • Filed on Jan 13, 2022

127 W Chisholm StAlpena, MI 49707

(989) 356-6678

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.05x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

71st percentile

26%

Higher net margin than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

80th percentile

$7,742

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

84th percentile

66%

Faster asset growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

66th percentile

27%

Faster revenue growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$72,994

Up $28,990 (+66%) from 2020

Net Assets

Up

$68,756

Up $25,996 (+61%) from 2020

Liabilities

Up

$4,238

Up $2,994 (+241%) from 2020

Revenue

Up

$87,973

Up $18,923 (+27%) from 2020

Expenses

Down

$65,102

Down $9,229 (-12%) from 2020

Net Income

Up

$22,871

Up $28,152 (+533%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $38,959Liabilities 2018: $15,497Net Assets 2018: $23,4622018Assets 2019: $50,354Liabilities 2019: $1,065Net Assets 2019: $49,2892019Assets 2020: $44,004Liabilities 2020: $1,244Net Assets 2020: $42,7602020Assets 2021: $72,994Liabilities 2021: $4,238Net Assets 2021: $68,7562021Assets 2022: $92,316Liabilities 2022: $1,322Net Assets 2022: $90,9942022Assets 2023: $143,606Liabilities 2023: $1,311Net Assets 2023: $142,2952023Assets 2024: $142,124Liabilities 2024: $1,158Net Assets 2024: $140,9662024Assets 2025: $137,885Liabilities 2025: $982Net Assets 2025: $136,9032025

Highlighted filing

2021

Assets$72,994
Liabilities$4,238
Net Assets$68,756

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $91,376Expenses 2018: $111,921Net Income 2018: -$20,5452018Revenue 2019: $102,915Expenses 2019: $92,845Net Income 2019: $10,0702019Revenue 2020: $69,050Expenses 2020: $74,331Net Income 2020: -$5,2812020Revenue 2021: $87,973Expenses 2021: $65,102Net Income 2021: $22,8712021Revenue 2022: $134,405Expenses 2022: $115,291Net Income 2022: $19,1142022Revenue 2023: $111,525Expenses 2023: $83,048Net Income 2023: $28,4772023Revenue 2024: $113,845Expenses 2024: $115,174Net Income 2024: -$1,3292024Revenue 2025: $128,244Expenses 2025: $132,309Net Income 2025: -$4,0652025

Highlighted filing

2021

Revenue$87,973
Expenses$65,102
Net Income$22,871
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jan 13, 2022
Return Version
2020v4.0
Gross Receipts
$90,881
Mission and Program Overview

Mission

The mission of thunder bay arts council, inc. Is to promote, support, and preserve the arts through performance, education, and leadership.

Program Services

DescriptionGrantsExpenses
RENTAL OF GALLERY SPACE TO LOCAL ARTISTS-$32,416
ART ON THE BAY 2021 JURIED ARTS & CRAFT FAIR ATTENDEES APPROX. 4,000--
VARIES SHOWCASES & CONCERTS HELD DURING THE 20-21 SEASON--
ART VISION ALPENA - MULTI YEAR SCULPTURE PROJECT THROUGHOUT ALPENA--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE MILLEROffice Manag-$7,742-$7,742
ANN DIAMONDPresident-$0--
CLINT KENDZIORSKI1st Vice Pre-$0--
TIM KUEHNLEIN2nd Vice Pre-$0--
MIDGE CONNONSecretary-$0--
MARSETTE DUBIETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Thunder Bay Arts Council
EIN
23-7132788
Phone
9893566678
Address
127 W CHISHOLM ST, ALPENA, MI 49707

Signing Officer

Name
Marsette Dubie
Title
Treasurer
Phone
9893566678
Signed
2022-01-13
Discuss with paid preparer
Yes

Preparer

Firm
Schulze Oswald Miller & Edwards Pc
Address
120 N RIPLEY ST, ALPENA, MI 49707-2967
Preparer
Julia Oswald-ochs
Phone
9893548707
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Rental - tbac gallery 5,513 total 5,513

Form 990-ez, Part I, Line 16

Art on the bay cost of goods sold 660 art vision alpena cost of goods sold 25,350 events cost of goods sold 300 rental - tbac gallery office expenses 500 expenses advertising 4,486 office expenses 2,161 telephone 720 conference 200 liability, d & o 2,450 total 36,827

Form 990-ez, Part I, Line 20

PPP LOAN FORGIVEN 3,125

Form 990-ez, Part II, Line 24

Other assets 0 0 total 0 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,244 1,113 ppp 2 loan 0 3,125

Form 990-ez, Part III

The mission of thunder bay arts council, inc. Is to promote, support, and preserve the arts through performance, education, and leadership.

Form 990-ez, Part III, Line 31

Rental of gallery space to local artists

Raw XML Appendix166 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3MIDGE CONNON
CompensationExplanation/CompensationExplanationGrp/PersonNm4MARSETTE DUBIE
CompensationExplanation/CompensationExplanationGrp/PersonNm5MICHELLE MILLER
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IRS990EZ/BooksInCareOfDetail/PhoneNum09893566678
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALPENA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHELLE MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OtherChangesInNetAssetsAmt03125
IRS990EZ/OtherExpensesTotalAmt036827
IRS990EZ/OtherRevenueTotalAmt05513
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THUNDER BAY ARTS COUNCIL, INC. IS TO PROMOTE, SUPPORT, AND PRESERVE THE ARTS THROUGH PERFORMANCE, EDUCATION, AND LEADERSHIP.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1VARIES SHOWCASES & CONCERTS HELD DURING THE 20-21 SEASON
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ART VISION ALPENA - MULTI YEAR SCULPTURE PROJECT THROUGHOUT ALPENA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3RENTAL OF GALLERY SPACE TO LOCAL ARTISTS
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENTAL - TBAC GALLERY 5,513 TOTAL 5,513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ART ON THE BAY COST OF GOODS SOLD 660 ART VISION ALPENA COST OF GOODS SOLD 25,350 EVENTS COST OF GOODS SOLD 300 RENTAL - TBAC GALLERY OFFICE EXPENSES 500 EXPENSES ADVERTISING 4,486 OFFICE EXPENSES 2,161 TELEPHONE 720 CONFERENCE 200 LIABILITY, D & O 2,450 TOTAL 36,827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PPP LOAN FORGIVEN 3,125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER ASSETS 0 0 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,244 1,113 PPP 2 LOAN 0 3,125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MISSION OF THUNDER BAY ARTS COUNCIL, INC. IS TO PROMOTE, SUPPORT, AND PRESERVE THE ARTS THROUGH PERFORMANCE, EDUCATION, AND LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RENTAL OF GALLERY SPACE TO LOCAL ARTISTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARSETTE DUBIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09893566678
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-13
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ReturnHeader/Filer/BusinessNameControlTxt0THUN
ReturnHeader/Filer/EIN0237132788
ReturnHeader/Filer/PhoneNum09893566678
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ReturnHeader/Filer/USAddress/ZIPCd049707
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHULZE OSWALD MILLER & EDWARDS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 N RIPLEY ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALPENA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0497072967
ReturnHeader/PreparerPersonGrp/PhoneNum09893548707
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIA OSWALD-OCHS
ReturnHeader/ReturnTs02022-01-14T14:46:56-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARSETTE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUBIE
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

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