Civic Intelligence

Nevada Humanities Inc.

990 • Fiscal year 2016 • EIN 23-7358959

Nov 01, 2015 to Oct 31, 2016 • Filed on Mar 18, 2017

PO Box 8029Reno, NV 89507

(775) 784-6587

Siviq Scores

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

Liabilities / Assets

77th percentile

0.31x

Higher debt load relative to assets than 77% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.26x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

51st percentile

3.2%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

7.9%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$745,972

Up $87,274 (+13%) from 2015

Net Assets

Up

$513,658

Up $28,280 (+5.8%) from 2015

Liabilities

Up

$232,314

Up $58,994 (+34%) from 2015

Revenue

Up

$896,469

Up $65,851 (+7.9%) from 2015

Expenses

Up

$868,189

Up $60,139 (+7.4%) from 2015

Net Income

Up

$28,280

Up $5,712 (+25%) from 2015

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 2013: $645,169Liabilities 2013: $177,108Net Assets 2013: $468,0612013Assets 2014: $658,055Liabilities 2014: $177,650Net Assets 2014: $480,4052014Assets 2015: $658,698Liabilities 2015: $173,320Net Assets 2015: $485,3782015Assets 2016: $745,972Liabilities 2016: $232,314Net Assets 2016: $513,6582016Assets 2017: $921,002Liabilities 2017: $343,914Net Assets 2017: $577,0882017Assets 2018: $883,966Liabilities 2018: $226,278Net Assets 2018: $657,6882018Assets 2019: $587,652Liabilities 2019: $132,668Net Assets 2019: $454,9842019Assets 2020: $587,474Liabilities 2020: $183,232Net Assets 2020: $404,2422020Assets 2021: $880,939Liabilities 2021: $423,106Net Assets 2021: $457,8332021Assets 2022: $717,506Liabilities 2022: $196,749Net Assets 2022: $520,7572022Assets 2023: $976,937Liabilities 2023: $215,113Net Assets 2023: $761,8242023Assets 2024: $1,044,128Liabilities 2024: $401,578Net Assets 2024: $642,5502024

Highlighted filing

2016

Assets$745,972
Liabilities$232,314
Net Assets$513,658

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2013: $940,3522013Revenue 2014: $991,713Expenses 2014: $986,129Net Income 2014: $5,5842014Revenue 2015: $830,618Expenses 2015: $808,050Net Income 2015: $22,5682015Revenue 2016: $896,469Expenses 2016: $868,189Net Income 2016: $28,2802016Revenue 2017: $902,884Expenses 2017: $848,884Net Income 2017: $54,0002017Revenue 2018: $1,035,373Expenses 2018: $950,217Net Income 2018: $85,1562018Revenue 2019: $1,025,642Expenses 2019: $1,044,492Net Income 2019: -$18,8502019Revenue 2020: $1,156,566Expenses 2020: $1,204,604Net Income 2020: -$48,0382020Revenue 2021: $1,523,398Expenses 2021: $1,471,004Net Income 2021: $52,3942021Revenue 2022: $1,817,399Expenses 2022: $1,745,225Net Income 2022: $72,1742022Revenue 2023: $1,545,932Expenses 2023: $1,306,642Net Income 2023: $239,2902023Revenue 2024: $1,340,940Expenses 2024: $1,461,563Net Income 2024: -$120,6232024

Highlighted filing

2016

Revenue$896,469
Expenses$868,189
Net Income$28,280
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
Mar 18, 2017
Return Version
2015v3.0
Gross Receipts
$916,064
Mission and Program Overview

Mission

Page 2, part iii, line 1; nevada humanities fosters cultural enrichment and connection for all nevadans by creating and supporting dynamic public programs that inspire engagement. We deepen a collective sense of place and belonging and encourage mutual understanding and empathy, which are the foundations of community and democracy.

Nevada humanities fosters cultural enrichment and connection for all nevadans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$306,327$407,804▲ $101,477
Savings and Temporary Cash Investments$269,294$283,078▲ $13,784
Land, Buildings, and Equipment, Net$38,828$28,315▼ $10,513
Prepaid Expenses and Deferred Charges$11,506$10,034▼ $1,472
Pledges and Grants Receivable$21,490$8,884▼ $12,606
Inventories for Sale or Use$9,680$7,680▼ $2,000
Accounts Receivable$1,573$177▼ $1,396
Total Assets$658,698$745,972▲ $87,274
Liabilities
Deferred Revenue$57,275$102,970▲ $45,695
Accounts Payable and Accrued Expenses$93,400$98,500▲ $5,100
Grants Payable$22,645$30,844▲ $8,199
Total Liabilities$173,320$232,314▲ $58,994
Net Assets / Fund Balance
Unrestricted Net Assets$480,811$503,500▲ $22,689
Temporarily Rstr Net Assets$4,567$10,158▲ $5,591
Total Net Assets Fund Balance$485,378$513,658▲ $28,280
Total Liabilities and Net Assets / Fund Balance$658,698$745,972▲ $87,274

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,315$32,438-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$174,275-▲ $12,613-$184,437
2014$186,176-▼ $8,454-$174,275
2013$175,920$5,411▲ $8,078-$186,176
2012$160,778$2,116▲ $16,031-$175,920
2011$145,537$2,884▲ $14,906-$160,778
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of Nevada RenoEmployee Contra1664 NORTH VIRGINIA STREET, Reno, NV 89557-0208$399,291
Revenue and Support

Revenue Composition

Contributions and Grants
$830,325
Program Service Revenue
$52,734
Investment Income
$13,959
Other Revenue
$-549
All Other Contributions
$129,327
Change in Net Assets
$28,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$896,469
Revenue Not Reported on Form 990
$60,437
Total Revenue per Audited Statements
$956,906
Total Revenue per Form 990
$896,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$732,939
Grants and Similar Amounts Paid$118,292
Total Fundraising Expense$78,334
Professional Fundraising Fees$16,958
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$118,292--$118,292
Fees for Services Other$71,407$12,495$1,886$85,788
Office Expenses$38,123$4,477$20,484$63,084
Travel$37,569$8,409$8,570$54,548
Advertising$25,287$175$3,106$28,568
Occupancy$18,385$2,960$474$21,819
Fees for Services Professional Fundraising--$16,958$16,958
Fees for Services Accounting-$12,501-$12,501
Depreciation Depletion$10,513--$10,513
Conferences and Meetings$5,430$3,328$1,122$9,880
Insurance$2,382$2,008$317$4,707
Information Technology$3,242$35-$3,277
Other Expenses$1,468$1,472$101$3,041
Fees for Service Investment Mgmnt Fees$41$1,621$261$1,923
Total Functional Expenses$584,322$205,533$78,334$868,189

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$928,626
Expenses per Audited Statements$868,189
Total Expenses per Form 990$868,189
Expenses Not Reported on Form 990$60,437
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nevada System of Higher EducationReno, NV3Humanities Programs$15,090
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$16,958
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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

Form 990 review process: a draft copy of the form 990 is provided to and approved by the board of trustees audit committee and management prior to filing. The draft is reviewed in conjunction with the auditor. The audit committee makes any necessary adjustment based on their review and any comments provided by nevada humanities, inc. The final draft is approved and the form 990 is filed.

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

Conflict of interest policy enforcement: it is a standing rule of order that each member has an obligation to declare any possible conflict of interest. A member of the board may raise the question of possible conflict of interest of any other board member. The question of conflict of interest will be determined by the board of trustees on a case by case basis. The trustees are required to annually read and sign in agreement the conflict of interest policy and guidelines of nevada humanities, inc.

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

Form990, partiv line15 the contract calls for unr to provide the range criteria for compensation and employee benefits granted to the executive director and key employees. Nevada humanites inc, follows these guidelines. The board of trustees of nevada humanities can provide input to unr for determining the executive director and key officer's compensation and benefits which falls within the ranges.furthermore, all w2 information is reported by unr,which is not a related party.

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

Form990,partiv line15 the contract calls for unr to provide the range criteria for compensation and employee benefits granted to the executive director and key employees. Nevada humanites inc, follows these guidelines. The board of trustees of nevada humanities can provide input to unr for determining the executive director and key officer's compensation and benefits which falls within the ranges.furthermore, all w2 information is reported by unr,which is not a related party.

Form 990, Page 6, Part VI, Line 19

It is the policy of nevada humanities,inc. That our governing documents, conflict of interest policy, financial statements and form 990 are available upon request for public inspection and copies will be made available during normal business hours monday through friday. The audited financial statements are available on the nevada humanities website at www.nevadahumanities.org

Filing and Contact Details

Filer

Filer Name
Nevada Humanities Inc
EIN
23-7358959
Phone
7757846587
Address
PO BOX 8029, RENO, NV 89507

Signing Officer

Name
Christina Barr
Title
Executive Director
Phone
7757846587
Signed
2017-03-18

Organization Details

Principal Officer
Christina Barr
Formed
1975
Legal Domicile
Nv
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
81

Preparer

Firm
Pangborn & Co Ltd
Address
924 S VIRGINIA STREET, RENO, NV 89502-2416
Preparer
David D Kary CPA
Phone
7753281040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Page 2, part iii, line 1; nevada humanities fosters cultural enrichment and connection for all nevadans by creating and supporting dynamic public programs that inspire engagement. We deepen a collective sense of place and belonging and encourage mutual understanding and empathy, which are the foundations of community and democracy.

Form 990

Page 10, part ix, statement of functional expenses, line 24(a); nevada humanities inc. Contracts with the university of nevada, reno(unr) to provide the executive director and key employees for nevada humanities inc., the executive director's and key employee's compensation is reported as "contracted wages from unr". The contract calls for unr to provide the range criteria for compensation and employee benefits granted to the executive director and key employees. Nevada humanites inc. Follows these guide lines. The board of directors of nevada humanities can provide input to unr for determining the executive director and key officer's compensation and benefits which falls within the ranges. Furthermore, all w2 information is reported by unr whom is not a related party.

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

Of nevada's cultural organizations. Nevada humanities programs are implemented statewide and its constituents are the residents of nevada. For more information visit www.nevadahumanities.org and www.onlinenevada.org.

Financial Statement Notes

Schedule D, Page 4, Part XIII

Investment income from the endowment fund are used for general support of the organization management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the financial statements. Nevada humanities, inc. Does not expect any material change in uncertain tax positions within the next twelve months.

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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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IRS990/Desc0WITH OFFICES IN RENO AND LAS VEGAS, NEVADA HUMANITIES CREATES PUBLIC PROGRAMS AND SUPPORTS PUBLIC PROJECTS STATEWIDE THAT DEFINE THE NEVADA EXPERIENCE, ENCOURAGE INTELLECTUAL CURIOSITY, AND FACILITATE THE EXPLORATION OF ISSUES THAT MATTER TO NEVADANS AND THEIR COMMUNITIES. FOUNDED IN 1971 AND INCORPORATED AS A 501C3 NONPROFIT IN 1975, NEVADA HUMANITIES IS ONE OF 56 STATE TERRITORIAL HUMANITIES COUNCILS AFFLIATED WITH THE NATIONAL ENDOWMENT FOR THE HUMANITIES. NEVADA HUMANITIES PROGRAMS INCLUDE NEVADA HUMANITIES FESTIVAL AND CHAUTAUQUA, YOUNG CHAUTAUQUA, THE ONLINE NEVADA ENCYCLOPEDIA, VEGAS VALLEY BOOK FESTIVAL, HUMANITIES ON THE ROAD, THE SALON, AND OUTREACH PROGRAMS AND COLLABORATIONS. THROUGH ITS GRANT MAKING PROGRAM, NEVADA HUMANITIES PROVIDES DIRECT FUNDING TO MANY OF NEVADA'S CULTURAL ORGANIZATIONS. NEVADA HUMANITIES PROGRAMS ARE IMPLEMENTED STATEWIDE AND ITS CONSTITUENTS ARE THE RESIDENTS OF NEVADA. FOR MORE INFORMATION VISIT WWW.NEVADAHUMANITIES.ORG AND WWW.ONLINENEVADA.ORG.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE CO
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IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
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IRS990/MissionDesc0PAGE 2, PART III, LINE 1; NEVADA HUMANITIES FOSTERS CULTURAL ENRICHMENT AND CONNECTION FOR ALL NEVADANS BY CREATING AND SUPPORTING DYNAMIC PUBLIC PROGRAMS THAT INSPIRE ENGAGEMENT. WE DEEPEN A COLLECTIVE SENSE OF PLACE AND BELONGING AND ENCOURAGE MUTUAL UNDERSTANDING AND EMPATHY, WHICH ARE THE FOUNDATIONS OF COMMUNITY AND DEMOCRACY.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.40$0.64$1.34$1.46$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.22$0.76$1.55$1.31$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.20$0.52$1.82$1.75$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.42$0.46$1.52$1.47$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.18$0.40$1.16$1.20$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.13$0.45$1.03$1.04$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.23$0.66$1.04$0.95$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.34$0.58$0.90$0.85$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.23$0.51$0.90$0.87$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.17$0.49$0.83$0.81$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.18$0.48$0.99$0.99$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.18$0.47$0.94