Civic Intelligence

Kneisel Hall

990 • Fiscal year 2020 • EIN 23-7361263

Jan 01, 2020 to Dec 31, 2020 • Filed on May 27, 2021

P O Box 648Blue Hill, ME 04614

(207) 374-2811

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

89th percentile

44%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$89,580

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

57th percentile

9.7%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,351,194

Up $1,087,815 (+9.7%) from 2019

Net Assets

Up

$12,350,224

Up $1,087,456 (+9.7%) from 2019

Liabilities

Up

$970

Up $359 (+59%) from 2019

Revenue

Up

$1,072,108

Up $203,402 (+23%) from 2019

Expenses

Down

$602,613

Down $341,829 (-36%) from 2019

Net Income

Up

$469,495

Up $545,231 (+720%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,797,134Liabilities 2011: $799Net Assets 2011: $4,796,3352011Assets 2012: $5,240,782Liabilities 2012: $67Net Assets 2012: $5,240,7152012Assets 2013: $6,977,980Liabilities 2013: $543Net Assets 2013: $6,977,4372013Assets 2014: $7,659,868Liabilities 2014: $545Net Assets 2014: $7,659,3232014Assets 2015: $8,091,185Liabilities 2015: $3,016Net Assets 2015: $8,088,1692015Assets 2016: $8,814,726Liabilities 2016: $915Net Assets 2016: $8,813,8112016Assets 2017: $9,942,836Liabilities 2017: $647Net Assets 2017: $9,942,1892017Assets 2018: $9,932,328Liabilities 2018: $9,432Net Assets 2018: $9,922,8962018Assets 2019: $11,263,379Liabilities 2019: $611Net Assets 2019: $11,262,7682019Assets 2020: $12,351,194Liabilities 2020: $970Net Assets 2020: $12,350,2242020Assets 2021: $13,811,555Liabilities 2021: $1,485Net Assets 2021: $13,810,0702021Assets 2022: $12,374,565Liabilities 2022: $0Net Assets 2022: $12,374,5652022Assets 2023: $13,311,046Liabilities 2023: $65Net Assets 2023: $13,310,9812023Assets 2024: $14,641,258Liabilities 2024: $15,338Net Assets 2024: $14,625,9202024

Highlighted filing

2020

Assets$12,351,194
Liabilities$970
Net Assets$12,350,224

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $595,6482011Expenses 2012: $592,5992012Revenue 2013: $1,943,290Expenses 2013: $632,787Net Income 2013: $1,310,5032013Revenue 2014: $1,012,176Expenses 2014: $660,601Net Income 2014: $351,5752014Revenue 2015: $1,331,354Expenses 2015: $760,400Net Income 2015: $570,9542015Revenue 2016: $1,070,367Expenses 2016: $826,898Net Income 2016: $243,4692016Revenue 2017: $1,165,380Expenses 2017: $844,825Net Income 2017: $320,5552017Revenue 2018: $1,415,662Expenses 2018: $921,908Net Income 2018: $493,7542018Revenue 2019: $868,706Expenses 2019: $944,442Net Income 2019: -$75,7362019Revenue 2020: $1,072,108Expenses 2020: $602,613Net Income 2020: $469,4952020Revenue 2021: $1,519,605Expenses 2021: $968,354Net Income 2021: $551,2512021Revenue 2022: $1,919,567Expenses 2022: $1,020,950Net Income 2022: $898,6172022Revenue 2023: $1,459,143Expenses 2023: $1,119,830Net Income 2023: $339,3132023Revenue 2024: $2,251,604Expenses 2024: $1,155,668Net Income 2024: $1,095,9362024

Highlighted filing

2020

Revenue$1,072,108
Expenses$602,613
Net Income$469,495
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 27, 2021
Return Version
2020v4.0
Gross Receipts
$1,309,687
Mission and Program Overview

Mission

To foster the art of chamber music through teaching and performance in an intimate environment steeped in tradition and artistic excellence, thereby enriching the artistic skills of its students and the cultural life of the surrounding community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,839,407$9,569,073▲ $729,666
Land, Buildings, and Equipment, Net$2,189,192$2,105,661▼ $83,531
Savings and Temporary Cash Investments$193,691$670,194▲ $476,503
Pledges and Grants Receivable$40,900$6,200▼ $34,700
Cash and Non-Interest-Bearing Accounts$189$66▼ $123
Total Assets$11,263,379$12,351,194▲ $1,087,815
Liabilities
Accounts Payable and Accrued Expenses$611$970▲ $359
Total Liabilities$611$970▲ $359
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,322,925$6,992,162▲ $669,237
Net Assets Without Donor Restrictions$4,939,843$5,358,062▲ $418,219
Total Net Assets Fund Balance$11,262,768$12,350,224▲ $1,087,456
Total Liabilities and Net Assets / Fund Balance$11,263,379$12,351,194▲ $1,087,815

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,972,552$979,303$2,951,855
Equipment$78,470$185,746$264,216
Other Land Buildings$46,618$66,287$112,905
Land$8,021-$8,021

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$8,740,166$135,850▲ $898,629$327,670$9,446,975
2019$7,374,872$30,885▲ $1,635,526$301,117$8,740,166
2018$7,765,907$134,325▼ $249,770$275,590$7,374,872
2017$6,593,497$446,161▲ $978,094$193,345$7,765,907
2016$5,836,482$346,090▲ $639,943$170,518$6,593,497
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ellen WernerExecutive DiFT$89,580$89,580
Laurie SmuklerArtistic DirectorPT$62,736$62,736

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$764,336
Program Service Revenue
$25,700
Investment Income
$282,072
Other Revenue
$0
All Other Contributions
$711,536
Change in Net Assets
$469,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$348,077
Other Expenses$254,536
Total Fundraising Expense$37,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$92,596$29,860$29,860$152,316
Other Salaries and Wages$109,948$42,176-$152,124
Depreciation Depletion$86,781--$86,781
Fees for Services Other$20,210$28,597$342$49,149
Occupancy$26,889$8,410-$35,299
Payroll Taxes$15,291$5,438$2,254$22,983
Other Employee Benefits$1,915$18,739-$20,654
Advertising$19,905--$19,905
Insurance$15,367$1,213$141$16,721
Office Expenses$5,434$5,308$5,370$16,112
Fees for Services Accounting-$4,425-$4,425
Other Expenses$750$635-$750
All Other Expenses$310$317-$627
Information Technology-$594-$594
Travel$495$43-$538
Total Functional Expenses$408,891$155,755$37,967$602,613
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
Yes
Annual disclosure for covered persons
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
Yes
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 4

By-laws were amended to allow the board of trustees, in its discretion, to appoint up to two additional members of the board to serve as ex officio members, for two-year terms.

Form 990, Page 6, Part VI, Line 11B

A copy of the draft form 990 is reviewed by the executive committee of the governing board.

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

The executive committee reviews any proposed commercial transactions that would benefit a board member or key employee, and if any are present, then it would require bids from that individual as well as those with no connection to the organization, and it would advise the members of the governing board, in writing, what the conflict might be. The board would then decide how to proceed in spite of there being a potential conflict and after considering other bids.

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

The governing board, upon recommendation of the finance and personnel committees, determines compensation for both the executive director and the artistic director.

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

The governing board, upon recommendation of the finance and personnel committees, determines compensation for both the executive director and the artistic director.

Form 990, Page 6, Part VI, Line 19

If a request were to be made for copies of the governing documents or conflict of interest policy, the governing board would decide whether or not to release them. The same is generally true for the financial statements except that certain parties request them each year, and a separate approval by the governing board for those parties is not needed; instead the executive director is authorized to release them to those parties.

Filing and Contact Details

Filer

Filer Name
Kneisel Hall
EIN
23-7361263
Phone
2073742811
Address
P O BOX 648, BLUE HILL, ME 04614

Signing Officer

Name
Yoo-jin Hong
Title
Executive Director
Phone
2073742811
Signed
2021-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yoo-jin Hong
Formed
1953
Legal Domicile
Me
Voting Board Members
18
Independent Board Members
18
Employees
22
Volunteers
20

Preparer

Firm
Lg&h
Address
12 STILLWATER AVE STE 5, BANGOR, ME 04401
Preparer
Christopher S Hinds
Phone
2079904585
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To foster the art of chamber music through teaching and performance in an intimate environment steeped in tradition and artistic excellence, thereby enriching the artistic skills of its students and the cultural life of the surrounding community.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment in intended to provide a predictable stream of funding for the school's programs while seeking to maintain purchasing power of the endowment assets. Endowment distributions (annual maximum of 4.5%) are used for scholarships, faculty salaries, and maintenance of facilities.

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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0978094

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.6$0.02$14.6$2.25$1.16$1.10
2023Detailed filing. Detailed filing data is available for this year.$13.3$0.00$13.3$1.46$1.12$0.34
2022Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$1.92$1.02$0.90
2021Detailed filing. Detailed filing data is available for this year.$13.8$0.00$13.8$1.52$0.97$0.55
2020Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$1.07$0.60$0.47
2019Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$0.87$0.94$0.08
2018Detailed filing. Detailed filing data is available for this year.$9.93$0.01$9.92$1.42$0.92$0.49
2017Detailed filing. Detailed filing data is available for this year.$9.94$0.00$9.94$1.17$0.84$0.32
2016Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$1.07$0.83$0.24
2015Detailed filing. Detailed filing data is available for this year.$8.09$0.00$8.09$1.33$0.76$0.57
2014Detailed filing. Detailed filing data is available for this year.$7.66$0.00$7.66$1.01$0.66$0.35
2013Detailed filing. Detailed filing data is available for this year.$6.98$0.00$6.98$1.94$0.63$1.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.00$5.24$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.80$0.00$4.80$0.60