Civic Intelligence

Second Street Gallery Inc.

990 • Fiscal year 2014 • EIN 23-7236126

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 27, 2014

115 Second St SE22902

(434) 977-7284

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

57th percentile

6.4%

Higher net margin than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$76,837

Up $7,589 (+11%) from 2013

Net Assets

Up

$76,837

Up $7,589 (+11%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$176,554

No earlier filing loaded for comparison.

Expenses

Down

$165,174

Down $35,412 (-18%) from 2013

Net Income

$11,380

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.

$150K$100K$50K$0Assets 2011: $124,632Liabilities 2011: $4,144Net Assets 2011: $120,4882011Assets 2013: $69,248Liabilities 2013: $0Net Assets 2013: $69,2482013Assets 2014: $76,837Liabilities 2014: $0Net Assets 2014: $76,8372014Assets 2015: $45,728Net Assets 2015: $45,7282015Assets 2016: $30,528Net Assets 2016: $30,5282016Assets 2017: $75,228Liabilities 2017: $206Net Assets 2017: $75,0222017Assets 2018: $62,685Liabilities 2018: $1,238Net Assets 2018: $61,4472018Assets 2019: $93,816Liabilities 2019: $138Net Assets 2019: $93,6782019Assets 2020: $85,870Liabilities 2020: $0Net Assets 2020: $85,8702020Assets 2021: $97,827Liabilities 2021: $20,587Net Assets 2021: $77,2402021Assets 2022: $123,584Liabilities 2022: $0Net Assets 2022: $123,5842022Assets 2023: $116,581Liabilities 2023: $0Net Assets 2023: $116,5812023Assets 2024: $63,669Liabilities 2024: $0Net Assets 2024: $63,6692024Assets 2025: $46,124Liabilities 2025: $0Net Assets 2025: $46,1242025

Highlighted filing

2014

Assets$76,837
Liabilities$0
Net Assets$76,837

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $237,3022011Expenses 2013: $200,5862013Revenue 2014: $176,554Expenses 2014: $165,174Net Income 2014: $11,3802014Revenue 2015: $168,128Expenses 2015: $200,496Net Income 2015: -$32,3682015Revenue 2016: $171,285Expenses 2016: $186,815Net Income 2016: -$15,5302016Revenue 2017: $230,859Expenses 2017: $186,331Net Income 2017: $44,5282017Revenue 2018: $199,240Expenses 2018: $202,666Net Income 2018: -$3,4262018Revenue 2019: $291,238Expenses 2019: $259,484Net Income 2019: $31,7542019Revenue 2020: $249,413Expenses 2020: $257,459Net Income 2020: -$8,0462020Revenue 2021: $193,430Expenses 2021: $201,922Net Income 2021: -$8,4922021Revenue 2022: $274,433Expenses 2022: $248,286Net Income 2022: $26,1472022Revenue 2023: $253,381Expenses 2023: $260,100Net Income 2023: -$6,7192023Revenue 2024: $302,345Expenses 2024: $355,255Net Income 2024: -$52,9102024Revenue 2025: $267,648Expenses 2025: $285,266Net Income 2025: -$17,6182025

Highlighted filing

2014

Revenue$176,554
Expenses$165,174
Net Income$11,380
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 27, 2014
Return Version
2013v3.1
Gross Receipts
$200,232
Mission and Program Overview

Mission

Exhibit contemporary art contemporary visual art, printing, sculpture, photography, mixed media and educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,793$47,852▲ $10,059
Land, Buildings, and Equipment, Net$31,455$28,985▼ $2,470
Total Assets$69,248$76,837▲ $7,589
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$69,248$76,837▲ $7,589
Total Net Assets Fund Balance$69,248$76,837▲ $7,589
Total Liabilities and Net Assets / Fund Balance$69,248$76,837▲ $7,589

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,063$5,443-
Leasehold Improvements$25,922$10,400-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fielding GrastyPresident
Chloe BallVice President
Caroline SatiraAdvisory Board
Chica TenneyAdvisory Board
Chris BaumerAdvisory Board
Pamela FriedmanAdvisory Board
Robert ReedAdvisory Board
Susan MoldenahauerAdvisory Board
William J KehoeAdvisory Board
Charlotte DammannDirector
Claire H ThompsonDirector
Courtney CokerDirector
Holen LewisDirector
Jennis WarrenDirector
Jim KingdonDirector
Lynn MillsDirector
Warren CragheadDirector
Anne VanderwarkerEx-officio
Bryan SlaughterGeneral Counsel
Aaron EichorstSecrectary
Jeff CornejoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$103,621
Program Service Revenue
$9,482
Investment Income
$39
Other Revenue
$63,412
All Other Contributions
$93,287
Change in Net Assets
$11,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$91,403
Other Expenses$73,771
Total Fundraising Expense$65,770
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$33,759$16,878$33,758$84,395
Other Expenses$9,471$4,736$9,471$23,678
Occupancy$6,667$3,333$6,667$16,667
Office Expenses$4,234$2,117$4,234$10,585
Payroll Taxes$2,803$1,402$2,803$7,008
Insurance$2,709$1,356$2,709$6,774
All Other Expenses$2,412$1,206$2,412$6,030
Fees for Services Accounting$1,872$936$1,872$4,680
Depreciation Depletion$988$494$988$2,470
Travel$342$171$342$855
Advertising$82$41$82$205
Total Functional Expenses$66,518$32,886$65,770$165,174
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,390
Fundraising Direct Expenses$23,678
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$59,411$59,411$11,749$47,662
Event 2$9,663$9,663-$9,663
Total Events$83,390$83,390$23,678$59,712
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
23-7236126
Phone
4349777284

Signing Officer

Name
Steve Taylor
Title
Director
Phone
4349777284
Signed
2014-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Taylor
Formed
2005
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
3

Preparer

Preparer
C Tucker Waldruff CPA
Phone
4345316851
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has non-voting members

Pt VI, Line 6

Members receive various benefits depending on the

Pt VI, Line 6

Exhibition previews, invites to artists talks, discounts

Pt VI, Line 6

On special event tickets.

Pt VI, Line 11B

The executive director provides copies of the 990 to

Pt VI, Line 11B

Board members, who are encouraged to ask questions and/or

Pt VI, Line 11B

Meet with the executive director to review.

Pt VI, Line 15A

The process for determining the executive director's

Pt VI, Line 15A

Compensation includes a review and approval by

Pt VI, Line 15A

Independent persons, comparability data, and contemporaneous

Pt VI, Line 15A

Documentation of the deliberation and decision.

Pt VI, Line 19

The organization does not make these documents available

Pt VI, Line 19

To the public during the year. In specific cases,

Pt VI, Line 19

They may be available upon request.

Form 990EZ, Part I, Line 8

Income from rental of event space

Form 990EZ, Part I, Line 16

Art sales expense credit card processing fees development dues & subscriptions exhibition program expense insurance outreach expenses other program expenses bank fees advertising donations interest travel fees supplies other personnel expenses

Form 990EZ, Part II, Line 24

Fixed assets net of accumulated depreciation

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03675
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt06667
IRS990/OccupancyGrp/ManagementAndGeneralAmt03333
IRS990/OccupancyGrp/ProgramServicesAmt06667
IRS990/OccupancyGrp/TotalAmt016667
IRS990/OfficeExpensesGrp/FundraisingAmt04234
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02117
IRS990/OfficeExpensesGrp/ProgramServicesAmt04234
IRS990/OfficeExpensesGrp/TotalAmt010585
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0OUTREACH
IRS990/OtherExpensesGrp/Desc1CREDIT COLLECTION COSTS
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3EXHIBIT COSTS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1328
IRS990/OtherExpensesGrp/FundraisingAmt2104
IRS990/OtherExpensesGrp/FundraisingAmt39471
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1164
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt252
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34736
IRS990/OtherExpensesGrp/ProgramServicesAmt0747
IRS990/OtherExpensesGrp/ProgramServicesAmt1328
IRS990/OtherExpensesGrp/ProgramServicesAmt2104
IRS990/OtherExpensesGrp/ProgramServicesAmt39471
IRS990/OtherExpensesGrp/TotalAmt0747
IRS990/OtherExpensesGrp/TotalAmt1820
IRS990/OtherExpensesGrp/TotalAmt2260
IRS990/OtherExpensesGrp/TotalAmt323678
IRS990/OtherRevenueTotalAmt025
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt033758
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016878
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt033759
IRS990/OtherSalariesAndWagesGrp/TotalAmt084395
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02803
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01402
IRS990/PayrollTaxesGrp/ProgramServicesAmt02803
IRS990/PayrollTaxesGrp/TotalAmt07008
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STEVE TAYLOR
IRS990/PriorPeriodAdjustmentsAmt0-3791
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0453920
IRS990/ProgramServiceRevenueGrp/Desc0ART/MERCHANDISE SALES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09482
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0127714
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt065
IRS990/PYOtherExpensesAmt0109632
IRS990/PYOtherRevenueAmt023062
IRS990/PYProgramServiceRevenueAmt039718
IRS990/PYRevenuesLessExpensesAmt0-10027
IRS990/PYSalariesCompEmpBnftPaidAmt090954
IRS990/PYTotalExpensesAmt0200586
IRS990/PYTotalRevenueAmt0190559
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt011380
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt03675
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0176554
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0103621
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0127714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0105217
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0145740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0123655
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0605947
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt065
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0206
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0474
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0960
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt043518
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt033019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt058429
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt044606
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0192729
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt083415
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt032979
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt038215
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt089794
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt034006
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0278409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0474
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0960
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00210
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99790
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01077085
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0200193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0204211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0176451
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0293963
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0202267
IRS990ScheduleA/Total509Grp/TotalAmt01077085
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01078045
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/EquipmentGrp/BookValueAmt03063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05443
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt08506
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt025922
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010400
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt036322
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028985
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023678
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02330
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt02772
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt03292

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$2.68$2.85$0.18
2024Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$3.02$3.55$0.53
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$2.53$2.60$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$2.74$2.48$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.21$0.77$1.93$2.02$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$2.49$2.57$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$2.91$2.59$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.61$1.99$2.03$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$2.31$1.86$0.45
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.31$1.71$1.87$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.46$1.68$2.00$0.32
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.77$1.65$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$2.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.04$1.20$2.37