Civic Intelligence

Durango Arts Center Inc.

990 • Fiscal year 2019 • EIN 23-7191511

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

802 East Second AvenueDurango, CO 81301

(970) 259-2606

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.42x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.44x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$61,375

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

20th percentile

-7.1%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$586,568

Down $45,093 (-7.1%) from 2018

Net Assets

Down

$340,654

Down $63,084 (-16%) from 2018

Liabilities

Up

$245,914

Up $17,991 (+7.9%) from 2018

Revenue

Down

$557,852

Down $75,858 (-12%) from 2018

Expenses

Down

$623,750

Down $79,059 (-11%) from 2018

Net Income

Up

-$65,898

Up $3,201 (+4.6%) from 2018

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 2010: $943,837Liabilities 2010: $282,189Net Assets 2010: $661,6482010Assets 2011: $957,659Liabilities 2011: $288,854Net Assets 2011: $668,8052011Assets 2012: $909,538Liabilities 2012: $270,585Net Assets 2012: $638,9532012Assets 2013: $960,408Liabilities 2013: $263,035Net Assets 2013: $697,3732013Assets 2014: $1,054,625Liabilities 2014: $318,129Net Assets 2014: $736,4962014Assets 2015: $872,216Liabilities 2015: $263,565Net Assets 2015: $608,6512015Assets 2016: $766,440Liabilities 2016: $250,923Net Assets 2016: $515,5172016Assets 2017: $718,994Liabilities 2017: $241,825Net Assets 2017: $477,1692017Assets 2018: $631,661Liabilities 2018: $227,923Net Assets 2018: $403,7382018Assets 2019: $586,568Liabilities 2019: $245,914Net Assets 2019: $340,6542019Assets 2020: $680,368Liabilities 2020: $355,091Net Assets 2020: $325,2772020Assets 2021: $960,283Liabilities 2021: $425,869Net Assets 2021: $534,4142021Assets 2022: $794,642Liabilities 2022: $386,056Net Assets 2022: $408,5862022Assets 2023: $650,666Liabilities 2023: $331,146Net Assets 2023: $319,5202023Assets 2024: $765,118Liabilities 2024: $463,273Net Assets 2024: $301,8452024

Highlighted filing

2019

Assets$586,568
Liabilities$245,914
Net Assets$340,654

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $471,6522010Expenses 2011: $544,2292011Expenses 2012: $633,0872012Revenue 2013: $757,680Expenses 2013: $699,260Net Income 2013: $58,4202013Revenue 2014: $887,908Expenses 2014: $850,408Net Income 2014: $37,5002014Revenue 2015: $731,781Expenses 2015: $857,188Net Income 2015: -$125,4072015Revenue 2016: $757,564Expenses 2016: $853,496Net Income 2016: -$95,9322016Revenue 2017: $700,436Expenses 2017: $740,572Net Income 2017: -$40,1362017Revenue 2018: $633,710Expenses 2018: $702,809Net Income 2018: -$69,0992018Revenue 2019: $557,852Expenses 2019: $623,750Net Income 2019: -$65,8982019Revenue 2020: $437,056Expenses 2020: $452,671Net Income 2020: -$15,6152020Revenue 2021: $818,859Expenses 2021: $612,349Net Income 2021: $206,5102021Revenue 2022: $661,696Expenses 2022: $782,390Net Income 2022: -$120,6942022Revenue 2023: $770,216Expenses 2023: $856,560Net Income 2023: -$86,3442023Revenue 2024: $812,275Expenses 2024: $847,736Net Income 2024: -$35,4612024

Highlighted filing

2019

Revenue$557,852
Expenses$623,750
Net Income-$65,898
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$557,852
Mission and Program Overview

Mission

The Durango Arts Center ("DAC") enriches the community through innovative visual and performing art, and arts education. DAC advances appreciation and participation in th earts as a cultural leader in the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$552,998$521,455▼ $31,543
Cash and Non-Interest-Bearing Accounts$34,474$16,656▼ $17,818
Pledges and Grants Receivable$3,043$843▼ $2,200
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$631,661$586,568▼ $45,093
Other Assets Total$41,146$47,614▲ $6,468
Liabilities
Mortgage Notes Payable Secured by Investment Property$187,894$179,858▼ $8,036
Unsecured Notes Loans Payable-$22,658-
Accounts Payable and Accrued Expenses$20,657$20,903▲ $246
Other Liabilities$19,372$18,424▼ $948
Deferred Revenue-$4,071-
Total Liabilities$227,923$245,914▲ $17,991
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$403,738$340,654▼ $63,084
Total Net Assets Fund Balance$403,738$340,654▼ $63,084
Total Liabilities and Net Assets / Fund Balance$631,661$586,568▼ $45,093

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$392,468$569,627$962,095
Other Land Buildings$4,864$183,441$188,305
Land$112,500-$112,500
Leasehold Improvements$11,623$10,499$22,122
Equipment-$6,722$6,722
Other Assets Org$13,776--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brenda MaconExecutive DirectorFT$61,375$61,375

Board Members and Trustees

NameTitle
Mike ScieszkaPresident
Jennifer BayerVice President
Jesse BoppDirector
Jonas GrushkinDirector
Kenneth DuncanDirector
Lesley MeieringDirector
Susan HuppDirector
Hunter JohnsonSecretary
John LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$168,445
Program Service Revenue
$332,292
Investment Income
$3,090
Other Revenue
$54,025
All Other Contributions
$168,445
Change in Net Assets
$-65,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$327,441
Other Expenses$296,309
Total Fundraising Expense$77,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$207,952$5,484$22,880$236,316
All Other Expenses$65,696$7,198$12,061$84,955
Current Officers, Directors, Trustees, and Key Employees$3,309$46,319$16,542$66,170
Depreciation Depletion$30,373$1,593$262$32,228
Payroll Taxes$17,735$4,022$3,198$24,955
Insurance$16,462$5,705$1,475$23,642
Occupancy$17,737$930$153$18,820
Other Expenses$13,884$721$118$14,723
Interest$8,480$658$82$9,220
Advertising$1,585$854$4,327$6,766
Travel$130$79$22$231
Total Functional Expenses$455,571$90,868$77,311$623,750
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll liabilities$14,810
Sales tax payable$2,945
Accrued Interest$669
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 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, Part VI, Line 11B: Form 990 Review Process

The return is reviewed by the finance committee prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

On an annual basis, board members are queried about any possible conflicts.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board minutes disclosed actions taken on compensation. All boardmembers are independent of the Executive Director. The Executive Directorcompensation is based on comparable wages in the non-profit community in the area.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and finanical statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Durango Arts Center Inc
EIN
23-7191511
Phone
9702592606
Address
802 East Second Avenue, Durango, CO 81301

Signing Officer

Name
Brenda Macon
Title
Executive Director
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brenda Macon
Formed
1966
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
28
Volunteers
125

Preparer

Firm
FredrickZink & Associates PC CPAs
Address
954 East 2nd Avenue 201, Durango, CO 81301
Preparer
John M Lopez
Phone
9702470506
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: DAC hosted over 80 community events for the public, including exhibit receptions, theatre performances, artist lectures film screenings and fundraisers. Education programs offered over 150 unique art workshops, camps and classes. Over 500 artists were represented in DAC galleries, community exhibitions, the 26th Annual Durango Autumn Arts Festival, and on stage as performers in DAC theatrical productions.

Form 990, Part IX, Line 24E: Other Expenses

Bank charges: Column (A) - Total = $100; Column (B) - Program Services = $23; Column (C) - Management & General = $60; Column (D) - Fundraising = $17

Form 990, Part IX, Line 24E: Other Expenses

Concessions: Column (A) - Total = $4651; Column (B) - Program Services = $4252; Column (C) - Management & General = $238; Column (D) - Fundraising = $161

Form 990, Part IX, Line 24E: Other Expenses

Copier: Column (A) - Total = $3834; Column (B) - Program Services = $3597; Column (C) - Management & General = $202; Column (D) - Fundraising = $35

Form 990, Part IX, Line 24E: Other Expenses

Credit card fees: Column (A) - Total = $11256; Column (B) - Program Services = $8595; Column (C) - Management & General = $159; Column (D) - Fundraising = $2502

Form 990, Part IX, Line 24E: Other Expenses

Equipment rental: Column (A) - Total = $967; Column (B) - Program Services = $100; Column (C) - Management & General = $0; Column (D) - Fundraising = $867

Form 990, Part IX, Line 24E: Other Expenses

Gifts: Column (A) - Total = $1011; Column (B) - Program Services = $280; Column (C) - Management & General = $473; Column (D) - Fundraising = $258

Form 990, Part IX, Line 24E: Other Expenses

In-kind expense: Column (A) - Total = $1445; Column (B) - Program Services = $1329; Column (C) - Management & General = $91; Column (D) - Fundraising = $25

Form 990, Part IX, Line 24E: Other Expenses

Memberships, dues, publication: Column (A) - Total = $550; Column (B) - Program Services = $200; Column (C) - Management & General = $0; Column (D) - Fundraising = $350

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous: Column (A) - Total = $-1991; Column (B) - Program Services = $-462; Column (C) - Management & General = $-1201; Column (D) - Fundraising = $-328

Form 990, Part IX, Line 24E: Other Expenses

Other administrative expense: Column (A) - Total = $1745; Column (B) - Program Services = $845; Column (C) - Management & General = $156; Column (D) - Fundraising = $744

Form 990, Part IX, Line 24E: Other Expenses

Other program expense: Column (A) - Total = $303; Column (B) - Program Services = $43; Column (C) - Management & General = $47; Column (D) - Fundraising = $213

Form 990, Part IX, Line 24E: Other Expenses

Permits & licenses: Column (A) - Total = $11276; Column (B) - Program Services = $9822; Column (C) - Management & General = $235; Column (D) - Fundraising = $1219

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $1609; Column (B) - Program Services = $679; Column (C) - Management & General = $223; Column (D) - Fundraising = $707

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $3929; Column (B) - Program Services = $2537; Column (C) - Management & General = $125; Column (D) - Fundraising = $1267

Form 990, Part IX, Line 24E: Other Expenses

Repairs and maintenance: Column (A) - Total = $10657; Column (B) - Program Services = $9848; Column (C) - Management & General = $671; Column (D) - Fundraising = $138

Form 990, Part IX, Line 24E: Other Expenses

Security: Column (A) - Total = $1800; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $1800

Form 990, Part IX, Line 24E: Other Expenses

Small Equipment: Column (A) - Total = $5897; Column (B) - Program Services = $5316; Column (C) - Management & General = $459; Column (D) - Fundraising = $122

Form 990, Part IX, Line 24E: Other Expenses

Supplies: Column (A) - Total = $14175; Column (B) - Program Services = $11614; Column (C) - Management & General = $1651; Column (D) - Fundraising = $910

Form 990, Part IX, Line 24E: Other Expenses

Telephone & Internet: Column (A) - Total = $4652; Column (B) - Program Services = $1141; Column (C) - Management & General = $2759; Column (D) - Fundraising = $752

Form 990, Part IX, Line 24E: Other Expenses

Tix fees: Column (A) - Total = $5758; Column (B) - Program Services = $5588; Column (C) - Management & General = $98; Column (D) - Fundraising = $72

Form 990, Part IX, Line 24E: Other Expenses

Training/staff development: Column (A) - Total = $1331; Column (B) - Program Services = $349; Column (C) - Management & General = $752; Column (D) - Fundraising = $230

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IRS990/MissionDesc0The Durango Arts Center ("DAC") enriches the community through innovative visual and performing art, and arts education. DAC advances appreciation and participation in th earts as a cultural leader in the region.
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IRS990/ProgSrvcAccomActy2Grp/Desc0DAC Visual Arts Education fulfilled over 882 registrations across the adult, youth and children's workshops and camps serving ages 5 and up, and distributed over $8,274 in scholarship aid. Key programs include After School Art, a longstanding partnership with Durango School District 9R; Girls Opportunities through Arts and Leadership (GOAL), which focuses on confidence and skill-building for middle school girls; DAC Docents shared numerous free art history sessions to area schools and community centers engaging over 1,400 elementary children and senior adults in learning about and making art; and Creativity Festivity - a 25-year partnership with Durango 9R that celebrates art and artists of our local schools. Creativity Festivity spans two weeks in late spring, and features an exhibit of 1,500 pieces of artwork by kindergarten through 12th grade students, a high school poetry slam and a theatrical performance produced by students of the Applause program. Total audience engagement is estimated at 4,000 community members for this event.
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IRS990/ProgSrvcAccomActy3Grp/Desc0DAC coordinates between over 20 exhibits per year in three onsite gallery spaces, as well as occasional offsite exhibits throughout the community. To enhance the visual arts experience, DAC coordinates educational opportunities to coincide with exhibits, such as lectures/panel discussions, artist demonstrations, workshops or film screenings. In addition to sales and exhibit fees for juried shows, the exhibits program was supported by $9,461 in corporate sponsorships, individual donations and grants.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.46$0.30$0.81$0.85$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.33$0.32$0.77$0.86$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.39$0.41$0.66$0.78$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.96$0.43$0.53$0.82$0.61$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.68$0.36$0.33$0.44$0.45$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.25$0.34$0.56$0.62$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.63$0.23$0.40$0.63$0.70$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.24$0.48$0.70$0.74$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.25$0.52$0.76$0.85$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.26$0.61$0.73$0.86$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.05$0.32$0.74$0.89$0.85$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.26$0.70$0.76$0.70$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.27$0.64$0.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.29$0.67$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.28$0.66$0.47