Civic Intelligence

Winterset Art Center Inc

990EZ • Fiscal year 2014 • EIN 23-7428982

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 27, 2015

PO Box 325Winterset, IA 50273

(515) 462-4313

Siviq Scores

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

Liabilities / Assets

79th percentile

0.14x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

42nd percentile

0.2%

Higher net margin than 42% 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

47th percentile

0.2%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Up

$11,463

Up $24 (+0.2%) from 2013

Net Assets

Up

$9,882

Up $25 (+0.3%) from 2013

Liabilities

Down

$1,581

Down $1 (-0.1%) from 2013

Revenue

Up

$15,346

Up $2,333 (+18%) from 2013

Expenses

Up

$15,322

Up $1,474 (+11%) from 2013

Net Income

Up

$24

Up $859 (+103%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $12,273Liabilities 2012: $1,583Net Assets 2012: $10,6902012Assets 2013: $11,439Liabilities 2013: $1,582Net Assets 2013: $9,8572013Assets 2014: $11,463Liabilities 2014: $1,581Net Assets 2014: $9,8822014Assets 2016: $9,858Net Assets 2016: $9,8582016Assets 2017: $20,474Net Assets 2017: $20,4742017Assets 2018: $116,146Liabilities 2018: $407Net Assets 2018: $115,7392018Assets 2024: $275,527Liabilities 2024: $0Net Assets 2024: $275,5272024Assets 2025: $388,191Net Assets 2025: $388,1912025

Highlighted filing

2014

Assets$11,463
Liabilities$1,581
Net Assets$9,882

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $15,301Expenses 2012: $17,103Net Income 2012: -$1,8022012Revenue 2013: $13,013Expenses 2013: $13,848Net Income 2013: -$8352013Revenue 2014: $15,346Expenses 2014: $15,322Net Income 2014: $242014Revenue 2016: $11,894Expenses 2016: $10,852Net Income 2016: $1,0422016Revenue 2017: $53,971Expenses 2017: $43,355Net Income 2017: $10,6162017Revenue 2018: $81,210Expenses 2018: $45,656Net Income 2018: $35,5542018Revenue 2024: $204,102Expenses 2024: $15,755Net Income 2024: $188,3472024Revenue 2025: $123,840Expenses 2025: $20,974Net Income 2025: $102,8662025

Highlighted filing

2014

Revenue$15,346
Expenses$15,322
Net Income$24
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 27, 2015
Return Version
2014v5.0
Gross Receipts
$15,346
Mission and Program Overview

Mission

The winterset art center is dedicated to art education, to the history and preservation of local art and artists, and to the promotion of artistic endeavor in winterset, madison county, and the state of iowa.

The winterset art center is dedicated to art education, to the history and preservation of local art and artists and promotion of artistic endeavor in winterset, madison county and the state of iowa.

Program Services

DescriptionGrantsExpenses
THE WINTERSET ART CENTER IS DEDICATED TO ART EDUCATION, TO THE HISTORY AND PRESERVATION OF LOCAL ART AND ARTISTS AND PROMOTION OF ARTISTIC ENDEAVOR IN INTERSET, MADISON COUNTY AND THE STATE OF IOWA.-$1,576
THE WINTERSET ART CENTER IS DEDICATED TO ART EDUCATION, TO THE HISTORY AND PRESERVATION OF LOCAL ART AND ARTISTS AND PROMOTION OF ARTISTIC ENDEAVOR IN WINTERSET, MADISON COUNTY AND THE STATE OF IOWA.-$934
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARBARA COOKBoard Member-$0--
ETHEL LEE OSBORN-TUCKERSecretary-$0--
JERRY NARLANDBoard Member-$0--
REV WILLIAM D COTTONBoard Member-$0--
KEITH TUCKERBoard Member-$0--
MARGARET RIPPERGERChairman-$0--
SHARON DUNBARTreasurer-$0--
MIKE WINJUNBoard Member-$0--
CHRISTA BRAGABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Winterset Art Center Inc
EIN
23-7428982
Address
PO BOX 325, WINTERSET, IA 50273

Signing Officer

Name
Maggie Ripperger
Title
Chairman
Signed
2015-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Kile & Co Plc
Address
207 N JOHN WAYNE DR, WINTERSET, IA 50273
Preparer
Rebecca Kile
Phone
5154629146
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 1,079 supplies 1,839 1,833 bank charges 38 misc expenses 1,768 repairs 525 utilities 4,182 landscaping 693 other expense 336 fundraising expense 464 non-investment depreciation 1,680 total 14,437

Form 990-ez, Part II, Line 24

Inventories for sale or use 115 115 building 23,144 25,705 less accumulated depreciation 15,968 17,648 furniture, fixtures and equip. 0 0 total 7,291 8,172

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 581 581 grants payable 1,000 1,000

Form 990-ez, Part III

The winterset art center is dedicated to art education, to the history and preservation of local art and artists and promotion of artistic endeavor in winterset, madison county and the state of iowa.

Form 990-ez, Part III, Line 31

The winterset art center is dedicated to art education, to the history and preservation of local art and artists and promotion of artistic endeavor in interset, madison county and the state of iowa.

Raw XML Appendix169 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 1,079 SUPPLIES 1,839 1,833 BANK CHARGES 38 MISC EXPENSES 1,768 REPAIRS 525 UTILITIES 4,182 LANDSCAPING 693 OTHER EXPENSE 336 FUNDRAISING EXPENSE 464 NON-INVESTMENT DEPRECIATION 1,680 TOTAL 14,437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 115 115 BUILDING 23,144 25,705 LESS ACCUMULATED DEPRECIATION 15,968 17,648 FURNITURE, FIXTURES AND EQUIP. 0 0 TOTAL 7,291 8,172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 581 581 GRANTS PAYABLE 1,000 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE WINTERSET ART CENTER IS DEDICATED TO ART EDUCATION, TO THE HISTORY AND PRESERVATION OF LOCAL ART AND ARTISTS AND PROMOTION OF ARTISTIC ENDEAVOR IN WINTERSET, MADISON COUNTY AND THE STATE OF IOWA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE WINTERSET ART CENTER IS DEDICATED TO ART EDUCATION, TO THE HISTORY AND PRESERVATION OF LOCAL ART AND ARTISTS AND PROMOTION OF ARTISTIC ENDEAVOR IN INTERSET, MADISON COUNTY AND THE STATE OF IOWA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050273
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA KILE
ReturnHeader/ReturnTs02015-08-05T14:34:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits