Civic Intelligence

Susquehanna Art Museum

990 • Fiscal year 2018 • EIN 25-1601081

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 04, 2019

1401 N 3rd StreetHarrisburg, PA 17102

(717) 233-8668

Siviq Scores

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

Liabilities / Assets

56th percentile

0.22x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.82x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

30th percentile

$79,140

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

Up

$9,432,191

Up $4,589,937 (+95%) from 2014

Net Assets

Up

$7,403,830

Up $5,478,030 (+284%) from 2014

Liabilities

Down

$2,028,361

Down $888,093 (-30%) from 2014

Revenue

Up

$2,464,271

Up $586,177 (+31%) from 2014

Expenses

Up

$791,971

Up $519,565 (+191%) from 2014

Net Income

Up

$1,672,300

Up $66,612 (+4.1%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $4,842,254Liabilities 2014: $2,916,454Net Assets 2014: $1,925,8002014Assets 2018: $9,432,191Liabilities 2018: $2,028,361Net Assets 2018: $7,403,8302018Assets 2019: $9,157,329Liabilities 2019: $1,815,776Net Assets 2019: $7,341,5532019Assets 2020: $9,172,062Liabilities 2020: $1,883,478Net Assets 2020: $7,288,5842020Assets 2021: $9,123,710Liabilities 2021: $1,936,103Net Assets 2021: $7,187,6072021Assets 2022: $8,832,462Liabilities 2022: $1,716,292Net Assets 2022: $7,116,1702022Assets 2023: $8,424,341Liabilities 2023: $1,756,556Net Assets 2023: $6,667,7852023Assets 2024: $8,229,459Liabilities 2024: $1,697,599Net Assets 2024: $6,531,8602024Assets 2025: $8,024,253Liabilities 2025: $1,703,716Net Assets 2025: $6,320,5372025

Highlighted filing

2018

Assets$9,432,191
Liabilities$2,028,361
Net Assets$7,403,830

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,878,094Expenses 2014: $272,406Net Income 2014: $1,605,6882014Revenue 2018: $2,464,271Expenses 2018: $791,971Net Income 2018: $1,672,3002018Revenue 2019: $733,380Expenses 2019: $795,657Net Income 2019: -$62,2772019Revenue 2020: $621,153Expenses 2020: $748,681Net Income 2020: -$127,5282020Revenue 2021: $691,365Expenses 2021: $792,342Net Income 2021: -$100,9772021Revenue 2022: $869,336Expenses 2022: $940,773Net Income 2022: -$71,4372022Revenue 2023: $467,775Expenses 2023: $916,160Net Income 2023: -$448,3852023Revenue 2024: $739,012Expenses 2024: $874,937Net Income 2024: -$135,9252024Revenue 2025: $673,885Expenses 2025: $885,208Net Income 2025: -$211,3232025

Highlighted filing

2018

Revenue$2,464,271
Expenses$791,971
Net Income$1,672,300
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 4, 2019
Return Version
2017v2.3
Gross Receipts
$2,487,006
Mission and Program Overview

Mission

The organization exhibits nationally and internationally recognized artists to educate, inspire, and foster creative exploration, collaboration and public engagement. Provides facilities to enrich the awareness of and participation in the arts including vango museum on wheels program and hands on workshops.

Experience creativity and explore meaning through the visual arts. Susquehanna art museum serves as a catalyst in the commonwealth to offer educationally superior programming and diversely extraordinary exhibitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,715,924$7,527,425▼ $188,499
Pledges and Grants Receivable$78,806$1,856,004▲ $1,777,198
Cash and Non-Interest-Bearing Accounts$14,321$15,046▲ $725
Accounts Receivable-$2,640-
Total Assets$7,822,886$9,432,191▲ $1,609,305
Other Assets Total$13,835$31,076▲ $17,241
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,963,100$1,902,729▼ $60,371
Accounts Payable and Accrued Expenses$121,756$117,782▼ $3,974
Deferred Revenue$6,500$7,850▲ $1,350
Total Liabilities$2,091,356$2,028,361▼ $62,995
Net Assets / Fund Balance
Unrestricted Net Assets$5,652,671$5,547,826▼ $104,845
Temporarily Rstr Net Assets$78,859$1,856,004▲ $1,777,145
Total Net Assets Fund Balance$5,731,530$7,403,830▲ $1,672,300
Total Liabilities and Net Assets / Fund Balance$7,822,886$9,432,191▲ $1,609,305

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,557,617$627,946$7,185,563
Land$919,774-$919,774
Other Land Buildings$35,387$26,155$61,542
Leasehold Improvements$11,994$4,326$16,320
Equipment$2,653$12,409$15,062
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alice Anne SchwabExecutive DiFT$68,246$10,894$79,140

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,395,233
Program Service Revenue
$26,233
Investment Income
$13
Other Revenue
$42,792
All Other Contributions
$2,303,313
Change in Net Assets
$1,672,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,464,271
Revenue Not Reported on Form 990
$17,856
Total Revenue per Audited Statements
$2,482,127
Total Revenue per Form 990
$2,464,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$556,596
Salaries, Compensation, and Employee Benefits$235,375
Total Fundraising Expense$72,047
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$188,499--$188,499
Other Salaries and Wages$72,695$42,869$27,802$143,366
Current Officers, Directors, Trustees, and Key Employees$42,737$23,741$12,662$79,140
Interest$58,126$2,527-$60,653
Occupancy$46,564$2,025-$48,589
Fees for Services Legal-$45,752-$45,752
Fees for Services Accounting-$22,579-$22,579
Fees for Services Other--$21,250$21,250
Office Expenses$3,242$9,009$3,242$15,493
Other Employee Benefits$6,419$3,845$2,605$12,869
Advertising$849$11,027$689$12,565
Insurance$8,266$1,877$375$10,518
Information Technology$3,422$3,423$3,422$10,267
All Other Expenses-$9,943-$9,943
Other Expenses$6,680$1,197-$6,680
Travel-$251-$251
Total Functional Expenses$539,859$180,065$72,047$791,971

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$809,827
Expenses per Audited Statements$791,971
Total Expenses per Form 990$791,971
Expenses Not Reported on Form 990$17,856
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$36,144
Fundraising Direct Expenses$17,856
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$36,144$36,144$17,856$18,288
Total Events$36,144$36,144$17,856$18,288
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
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
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 8B

The organization does not have any committees with authority to act on behalf of the governing body.

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

A draft of the form 990 will be presented to the audit committee charied by jack scott. The committee will review and make recommendations prior to the form 990 being finalized and filed.

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

The organization requires conflict of interest statements to be signed annually. Any conflicts of interest are evaluated separately based upon the fact and circumstances involved for each case.

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

Compensation proposals are received by the executive director and reviewed with the president. They are then approved by the board of governors.

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

Compensation proposals are received by the executive director and reviewed with the president. They are then approved by the board of governors.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and financial statements are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Susquehanna Art Museum
EIN
25-1601081
Phone
7172338668
Address
1401 N 3RD STREET, HARRISBURG, PA 17102

Signing Officer

Name
Patricia Smith
Title
Vice President
Phone
7172338668
Signed
2019-03-04

Organization Details

Principal Officer
William Lehr Jr
Formed
1989
Legal Domicile
Pa
Voting Board Members
26
Independent Board Members
26
Employees
7
Volunteers
91

Preparer

Firm
Hamilton & Musser Pc Cpas
Address
176 CUMBERLAND PARKWAY, MECHANICSBURG, PA 17055
Preparer
William P Ashman CPA
Phone
7176973888
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization exhibits nationally and internationally recognized artists to educate, inspire, and foster creative exploration, collaboration and public engagement. Provides facilities to enrich the awareness of and participation in the arts including vango museum on wheels program and hands on workshops.

Form 990, Part XI, Line 9

Special events expense 17,856 special events expense -17,856

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the museum. Management evaluated the tax positions and concluded that the museum had taken no uncertain tax positions that require recognition or disclosure in the financial statements. No provision or benefit for income taxes has been included in these financial statements. With few exceptions, the museum is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before june 30, 2015.

Schedule D, Page 4, Part XI, Line 2D

Special events expense 17,856

Schedule D, Page 4, Part XII, Line 2D

Special events expense 17,856

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT TR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25EXECUTIVE DI
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IRS990/IncludeFIN48FootnoteInd0true
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IRS990/ProgramServiceRevenueGrp/Desc1CLASSES, VISITS, & VANGO
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES FACILITIES TO HAVE EXHIBITIONS TO ENRICH THE AWARENESS OF THE ARTS.
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