Civic Intelligence

Genesee Valley Council of the Arts Inc

990 • Fiscal year 2020 • EIN 23-7171154

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 05, 2020

4 Murray Hill DriveMount Morris, NY 14510

(585) 243-6785

Siviq Scores

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

Liabilities / Assets

74th percentile

0.17x

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

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.09x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

51st percentile

5.8%

Higher net margin than 51% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

88th percentile

$27,544

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

72nd percentile

35%

Faster asset growth than 72% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

1.5%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$216,277

Up $56,658 (+35%) from 2019

Net Assets

Up

$179,056

Up $23,956 (+15%) from 2019

Liabilities

Up

$37,221

Up $32,702 (+724%) from 2019

Revenue

Up

$412,808

Up $5,906 (+1.5%) from 2019

Expenses

Up

$388,852

Up $9,176 (+2.4%) from 2019

Net Income

Down

$23,956

Down $3,270 (-12%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $31,713Liabilities 2016: $4,117Net Assets 2016: $27,5962016Assets 2017: $120,971Liabilities 2017: $28,761Net Assets 2017: $92,2102017Assets 2018: $99,509Liabilities 2018: $2,935Net Assets 2018: $96,5742018Assets 2019: $159,619Liabilities 2019: $4,519Net Assets 2019: $155,1002019Assets 2020: $216,277Liabilities 2020: $37,221Net Assets 2020: $179,0562020Assets 2021: $275,036Liabilities 2021: $39,197Net Assets 2021: $235,8392021Assets 2022: $281,435Liabilities 2022: $12,251Net Assets 2022: $269,1842022Assets 2023: $1,020,071Liabilities 2023: $0Net Assets 2023: $1,020,0712023Assets 2024: $754,942Liabilities 2024: $10,756Net Assets 2024: $744,1862024

Highlighted filing

2020

Assets$216,277
Liabilities$37,221
Net Assets$179,056

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $252,454Expenses 2016: $244,415Net Income 2016: $8,0392016Revenue 2017: $380,730Expenses 2017: $303,513Net Income 2017: $77,2172017Revenue 2018: $411,244Expenses 2018: $406,880Net Income 2018: $4,3642018Revenue 2019: $406,902Expenses 2019: $379,676Net Income 2019: $27,2262019Revenue 2020: $412,808Expenses 2020: $388,852Net Income 2020: $23,9562020Revenue 2021: $355,912Expenses 2021: $300,027Net Income 2021: $55,8852021Revenue 2022: $551,332Expenses 2022: $517,987Net Income 2022: $33,3452022Revenue 2023: $1,341,589Expenses 2023: $590,702Net Income 2023: $750,8872023Revenue 2024: $1,403,184Expenses 2024: $1,479,424Net Income 2024: -$76,2402024

Highlighted filing

2020

Revenue$412,808
Expenses$388,852
Net Income$23,956
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 5, 2020
Return Version
2019v5.0
Gross Receipts
$412,808
Mission and Program Overview

Mission

The genesee valley council on the arts has been livingston countys official arts council for 50 years. The mission of the arts council is to enrich the quality of life in the livingston county area by encouraging and promoting the arts and cultural activities through support of artists, schools, and community groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$129,795$191,664▲ $61,869
Land, Buildings, and Equipment, Net$27,661$20,443▼ $7,218
Inventories for Sale or Use$2,163$2,800▲ $637
Prepaid Expenses and Deferred Charges-$1,370-
Total Assets$159,619$216,277▲ $56,658
Liabilities
Unsecured Notes Loans Payable$1,540$37,084▲ $35,544
Accounts Payable and Accrued Expenses$2,979$137▼ $2,842
Total Liabilities$4,519$37,221▲ $32,702
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$152,956$165,939▲ $12,983
Net Assets With Donor Restrictions$2,144$13,117▲ $10,973
Total Net Assets Fund Balance$155,100$179,056▲ $23,956
Total Liabilities and Net Assets / Fund Balance$159,619$216,277▲ $56,658

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,443$12,972$33,415

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$555---$555
2016$927---$555
2015$927---$927
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deborah BumpExecutive DiPT$27,544$27,544

Board Members and Trustees

NameTitle
Rob DoggettPresident
Becky LewisTrustee
Bob ThompsonTrustee
Jan LovettTrustee
Patrice CaseTrustee
Melanie BloodSecretary
Jessica HaslerVice-preside
Colleen PowersVolunteer Co
Revenue and Support

Revenue Composition

Contributions and Grants
$391,723
Program Service Revenue
$17,720
Investment Income
$3
Other Revenue
$3,362
All Other Contributions
$84,775
Change in Net Assets
$23,956

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Commercial1$66,743
Total Noncash Contributions1$66,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,110
Salaries, Compensation, and Employee Benefits$134,191
Grants and Similar Amounts Paid$110,551
Total Fundraising Expense$71,028
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,074$19,663$49,158$122,895
Grants to Domestic Orgs$110,551--$110,551
Occupancy$54,622$8,943$5,228$68,793
Fees for Services Other$14,190$801-$14,991
Advertising--$11,606$11,606
Office Expenses$6,940$4,572-$11,512
Payroll Taxes$4,971$1,807$4,518$11,296
Fees for Services Accounting$5,486$5,487-$10,973
Depreciation Depletion-$7,217-$7,217
Travel$2,944--$2,944
Insurance-$2,743-$2,743
Other Expenses$517$1,104$518$1,104
Total Functional Expenses$262,856$54,968$71,028$388,852
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
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

The form 990 for the year ended june 30, 2018 was reviewed by the finance committee, the interim executive director and the cpa who prepared the form prior to submitting the form to the irs. The board of trustees were also provided copies prior to submission for additional comment.

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

During the first board of trustees meeting each fiscal year, the president and the executive director review the conflict of interest policy with the board members and the employees whom responsibilities are governed by the conflict of interest policy.

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

The review of the compensation policy for the executive director is undertaken by the board of trustees on an annual basis.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public by written request to the executive director who will respond to that request after consultation with the board of trustees and legal counsel, if appropriate.

Filing and Contact Details

Filer

Filer Name
Genesee Valley Council on
EIN
23-7171154
Phone
5852436785
Address
4 MURRAY HILL DRIVE, MOUNT MORRIS, NY 14510
Doing Business As
Livingston Arts

Signing Officer

Name
Deborah Bump
Title
Executive Director
Phone
5852436785
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Bump
Formed
1971
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
5
Volunteers
20

Preparer

Firm
Nacca & Capizzi Llp
Address
2430 RIDGEWAY AVE STE 1, ROCHESTER, NY 14626
Preparer
Peter Buttrill CPA
Phone
5852259290
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The genesee valley council on the arts has been livingston countys official arts council for 50 years. The mission of the arts council is to enrich the quality of life in the livingston county area by encouraging and promoting the arts and cultural activities through support of artists, schools, and community groups.

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

Livingston arts center is a community based organization dedicated to promoting the arts, supporting artists and educating the public. The arts center is home to the new deal gallery, displaying the collection of 1930s works progress administration paintings, the apartment one gallery which gives opportunities to local established artists to exhibit their work and the experimental art gallery which provides professional gallery space to emerging artists and established artists experimenting in a new medium. The arts center also offers open studio space, classes and workshops as well as gift shop to sell and promote local artists' creations. Livingston arts center is also the home to the genesee valley arts grant program, providing funding to nonprofit organizations and artists in livingston county.

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

ART SALE

Form 990, Part XI, Line 9

DONATED EQUIPMENT 0

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IRS990/PYTotalExpensesAmt0379676
IRS990/PYTotalRevenueAmt0406902
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 33,012
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0370927
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0276306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0234967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01648390
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt066743
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt072065
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt080487
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt081424
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt018718
IRS990ScheduleA/OtherIncome170Grp/TotalAmt045570
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0234967
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01949109
IRS990ScheduleA/TotalSupportAmt01994690
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0555
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0927
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0555
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0927
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0927
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012972
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033415
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020443
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
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IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt066743
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GENESEE VALLEY COUNCIL ON THE ARTS HAS BEEN LIVINGSTON COUNTYS OFFICIAL ARTS COUNCIL FOR 50 YEARS. THE MISSION OF THE ARTS COUNCIL IS TO ENRICH THE QUALITY OF LIFE IN THE LIVINGSTON COUNTY AREA BY ENCOURAGING AND PROMOTING THE ARTS AND CULTURAL ACTIVITIES THROUGH SUPPORT OF ARTISTS, SCHOOLS, AND COMMUNITY GROUPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIVINGSTON ARTS CENTER IS A COMMUNITY BASED ORGANIZATION DEDICATED TO PROMOTING THE ARTS, SUPPORTING ARTISTS AND EDUCATING THE PUBLIC. THE ARTS CENTER IS HOME TO THE NEW DEAL GALLERY, DISPLAYING THE COLLECTION OF 1930S WORKS PROGRESS ADMINISTRATION PAINTINGS, THE APARTMENT ONE GALLERY WHICH GIVES OPPORTUNITIES TO LOCAL ESTABLISHED ARTISTS TO EXHIBIT THEIR WORK AND THE EXPERIMENTAL ART GALLERY WHICH PROVIDES PROFESSIONAL GALLERY SPACE TO EMERGING ARTISTS AND ESTABLISHED ARTISTS EXPERIMENTING IN A NEW MEDIUM. THE ARTS CENTER ALSO OFFERS OPEN STUDIO SPACE, CLASSES AND WORKSHOPS AS WELL AS GIFT SHOP TO SELL AND PROMOTE LOCAL ARTISTS' CREATIONS. LIVINGSTON ARTS CENTER IS ALSO THE HOME TO THE GENESEE VALLEY ARTS GRANT PROGRAM, PROVIDING FUNDING TO NONPROFIT ORGANIZATIONS AND ARTISTS IN LIVINGSTON COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ART SALE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 FOR THE YEAR ENDED JUNE 30, 2018 WAS REVIEWED BY THE FINANCE COMMITTEE, THE INTERIM EXECUTIVE DIRECTOR AND THE CPA WHO PREPARED THE FORM PRIOR TO SUBMITTING THE FORM TO THE IRS. THE BOARD OF TRUSTEES WERE ALSO PROVIDED COPIES PRIOR TO SUBMISSION FOR ADDITIONAL COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING THE FIRST BOARD OF TRUSTEES MEETING EACH FISCAL YEAR, THE PRESIDENT AND THE EXECUTIVE DIRECTOR REVIEW THE CONFLICT OF INTEREST POLICY WITH THE BOARD MEMBERS AND THE EMPLOYEES WHOM RESPONSIBILITIES ARE GOVERNED BY THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE REVIEW OF THE COMPENSATION POLICY FOR THE EXECUTIVE DIRECTOR IS UNDERTAKEN BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR WHO WILL RESPOND TO THAT REQUEST AFTER CONSULTATION WITH THE BOARD OF TRUSTEES AND LEGAL COUNSEL, IF APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DONATED EQUIPMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/TotalProgramServiceRevenueAmt017720
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0412808
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IRS990/TravelGrp/TotalAmt02944
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01540
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04 MURRAY HILL DRIVE
IRS990/USAddress/CityNm0MOUNT MORRIS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014510
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.GVARTSCOUNCIL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBORAH BUMP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05852436785
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENESEE VALLEY COUNCIL ON
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0THE ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0GENE

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