Civic Intelligence

Carlisle Arts Learning Center Inc.

990 • Fiscal year 2016 • EIN 25-1717457

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 02, 2016

38 West Pomfret StreetCarlisle, PA 17013

(717) 249-6973

Siviq Scores

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

Liabilities / Assets

51st percentile

0.04x

Higher debt load relative to assets than 51% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.15x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

61st percentile

7.2%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

57th percentile

$29,821

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

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

Asset Growth

40th percentile

-0.8%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

19th percentile

-17%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$808,650

Down $6,716 (-0.8%) from 2015

Net Assets

Up

$774,143

Up $16,431 (+2.2%) from 2015

Liabilities

Down

$34,507

Down $23,147 (-40%) from 2015

Revenue

Down

$227,241

Down $45,935 (-17%) from 2015

Expenses

Up

$210,810

Up $137 (+0.1%) from 2015

Net Income

Down

$16,431

Down $46,072 (-74%) 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: $991,708Liabilities 2013: $348,779Net Assets 2013: $642,9292013Assets 2014: $870,293Liabilities 2014: $175,084Net Assets 2014: $695,2092014Assets 2015: $815,366Liabilities 2015: $57,654Net Assets 2015: $757,7122015Assets 2016: $808,650Liabilities 2016: $34,507Net Assets 2016: $774,1432016Assets 2017: $839,011Liabilities 2017: $36,415Net Assets 2017: $802,5962017Assets 2018: $879,858Liabilities 2018: $39,335Net Assets 2018: $840,5232018Assets 2019: $929,353Liabilities 2019: $41,788Net Assets 2019: $887,5652019Assets 2020: $968,603Liabilities 2020: $32,587Net Assets 2020: $936,0162020Assets 2021: $1,070,900Liabilities 2021: $60,761Net Assets 2021: $1,010,1392021Assets 2022: $1,072,895Liabilities 2022: $56,750Net Assets 2022: $1,016,1452022Assets 2023: $1,139,867Liabilities 2023: $75,526Net Assets 2023: $1,064,3412023Assets 2024: $1,124,545Liabilities 2024: $77,649Net Assets 2024: $1,046,8962024

Highlighted filing

2016

Assets$808,650
Liabilities$34,507
Net Assets$774,143

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2013: $163,4282013Revenue 2014: $263,916Expenses 2014: $211,636Net Income 2014: $52,2802014Revenue 2015: $273,176Expenses 2015: $210,673Net Income 2015: $62,5032015Revenue 2016: $227,241Expenses 2016: $210,810Net Income 2016: $16,4312016Revenue 2017: $293,738Expenses 2017: $265,285Net Income 2017: $28,4532017Revenue 2018: $333,908Expenses 2018: $295,981Net Income 2018: $37,9272018Revenue 2019: $369,573Expenses 2019: $323,745Net Income 2019: $45,8282019Revenue 2020: $380,698Expenses 2020: $329,621Net Income 2020: $51,0772020Revenue 2021: $410,587Expenses 2021: $361,753Net Income 2021: $48,8342021Revenue 2022: $445,883Expenses 2022: $418,993Net Income 2022: $26,8902022Revenue 2023: $470,148Expenses 2023: $432,900Net Income 2023: $37,2482023Revenue 2024: $423,673Expenses 2024: $457,888Net Income 2024: -$34,2152024

Highlighted filing

2016

Revenue$227,241
Expenses$210,810
Net Income$16,431
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 2, 2016
Return Version
2015v2.1
Gross Receipts
$300,394
Mission and Program Overview

Mission

Founded in 1992 on the principle that a healthy community is one that is rich in the arts, carlisle arts learning center (calc) is committed to serving and enriching the community by encourgaging creativity and self-esteem through the exploration and appreciation of the visual arts.

Carlisle arts learning center strives to promote the enjoyment of the visual arts for the benefit of the residents of carlisle, pennsylvania and surrounding areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$772,205$752,822▼ $19,383
Cash and Non-Interest-Bearing Accounts$20,492$47,893▲ $27,401
Pledges and Grants Receivable$17,791$6,525▼ $11,266
Prepaid Expenses and Deferred Charges$3,678$1,410▼ $2,268
Inventories for Sale or Use$1,200--
Total Assets$815,366$808,650▼ $6,716
Liabilities
Deferred Revenue$24,008$26,118▲ $2,110
Mortgage Notes Payable Secured by Investment Property$32,407$5,000▼ $27,407
Accounts Payable and Accrued Expenses$1,239$3,389▲ $2,150
Total Liabilities$57,654$34,507▼ $23,147
Net Assets / Fund Balance
Unrestricted Net Assets$730,872$755,419▲ $24,547
Temporarily Rstr Net Assets$26,840$18,724▼ $8,116
Total Net Assets Fund Balance$757,712$774,143▲ $16,431
Total Liabilities and Net Assets / Fund Balance$815,366$808,650▼ $6,716

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$694,339$61,589$755,928
Land$57,600-$57,600
Equipment$883$22,498$23,381
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Becky RichesonExec DirectorFT$29,821$29,821

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$124,313
Program Service Revenue
$69,905
Investment Income
$-38
Other Revenue
$33,061
All Other Contributions
$84,493
Change in Net Assets
$16,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,585
Salaries, Compensation, and Employee Benefits$98,975
Total Fundraising Expense$20,872
Grants and Similar Amounts Paid$250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,245$6,251$3,176$60,672
Current Officers, Directors, Trustees, and Key Employees$10,438$8,946$10,437$29,821
Depreciation Depletion$17,410$1,934-$19,344
Occupancy$13,311$1,479-$14,790
Payroll Taxes$5,785$1,425$1,272$8,482
Office Expenses$4,492$1,106$988$6,586
Insurance$5,104$567-$5,671
Fees for Services Accounting-$4,956-$4,956
Advertising$3,330$820$732$4,882
Fees for Services Other$2,988$951$582$4,521
Interest-$1,326-$1,326
Other Expenses$783$476$425$783
All Other Expenses-$403-$403
Grants to Domestic Individuals$250--$250
Total Functional Expenses$155,647$34,291$20,872$210,810
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$98,526
Fundraising Direct Expenses$73,113
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Shows$42,216$37,916$30,823$7,093
Art Auction$43,069$25,119$16,062$9,057
Total Events$120,776$98,526$73,113$25,413
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
Audit committee
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
No
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 6

The organization has memberships; however, members do not have the ability to vote on organizational initiatives or actions. Members are not permitted to elect individuals serving in the governing body. Board members serving on the nominating committee seek out new board members and make recommendations to the full board. A quorum of the entire board votes to admit or dismiss board members.

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

The treasurer reviews the form 990 with the executive director and board of directors. The board scrutinizes the adequacy of disclosures and indicates any changes as it deems necessary. Once the board is satisfied that the return is as complete and accurate, it is filed.

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

Annually each board member is required to sign the conflict of interest statements and conflicts are discussed annually.

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

The board of directors reviews the compensation of other executive directors in the area by looking at executive compensation reported on their respective form 990. Other compensated employees perform primarily clerical positions within the organization, and the board looks at rates of pay for equivalent organizations that have clerical staff. This information is often obtained indirectly through the executive director's conversations with other non-profit organization representatives in the area. Because of the size of the organization and fiscal constraints, the center is unable to pay its executive director and other employees amounts that are comparable to other non-profit organizations in the immediate area.

Form 990, Page 6, Part VI, Line 19

Requests for the organization's governing documents, conflict of interest policy, and financial statements are rather infrequent. As a result, the center makes these documents available upon request.

Filing and Contact Details

Filer

Filer Name
Carlisle Arts Learning Center Inc
EIN
25-1717457
Phone
7172496973
Address
38 WEST POMFRET STREET, CARLISLE, PA 17013

Signing Officer

Name
Steve Capone
Title
Treasurer
Phone
7172496973
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Capone
Formed
1992
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
11
Volunteers
16

Preparer

Firm
Greenawalt & Company Pc
Address
400 WEST MAIN STREET, MECHANICSBURG, PA 17055
Preparer
Deborah J Kelly
Phone
7177664763
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The center is a non-profit organization which is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The standards require an assessment of the center's exposure to income taxes at the entity level as a result of uncertain tax positions taken in current and previously filed tax returns. Examples of tax positions taken at the entity level include the continuing validity of its 501(c)(3) status, potential unrelated business activities and other tax positions that could result in income taxes to the center upon examinations by taxing authorities. Any tax benefits associated with uncertain tax positions that are in excess of a realization threshold would be recorded as a liability for unrecognized tax benefits in the financial statements, along with any associated interest and penalties. Presently, management believes that it is more likely than not that its tax positions will be sustained upon examination, including any appeals and litigation, and therefore believes that the center has no exposure to income taxes from uncertain tax positions.

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IRS990/Desc0CALC SERVES LOCAL ARTISTS AND THE COMMUNITY BY BRINGING THE VISUAL ARTS TO THE GREATER CARLISLE AREA THROUGH HIGH-QUALITY JURIED EXHIBITS, ART CLASSES, LECTURES, AND SUMMER CAMPS FOR YOUTH AND ADULTS ALIKE, AND COMMUNITY BUILDING PARTNERSHIPS UTILIZING THE ARTS TO FULFILL THE MISSION OF AREA BUSINESSES AND NON-PROFITS. EACH YEAR CALC SERVES OVER 3,000 PEOPLE IN THE BEAUTIFUL G. B. STUART GALLERY, 500 PEOPLE IN ART CLASSES, AND 400 YOUTH IN OUR SUMMER CAMP PROGRAMS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CENTER IS A NON-PROFIT ORGANIZATION WHICH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE STANDARDS REQUIRE AN ASSESSMENT OF THE CENTER'S EXPOSURE TO INCOME TAXES AT THE ENTITY LEVEL AS A RESULT OF UNCERTAIN TAX POSITIONS TAKEN IN CURRENT AND PREVIOUSLY FILED TAX RETURNS. EXAMPLES OF TAX POSITIONS TAKEN AT THE ENTITY LEVEL INCLUDE THE CONTINUING VALIDITY OF ITS 501(C)(3) STATUS, POTENTIAL UNRELATED BUSINESS ACTIVITIES AND OTHER TAX POSITIONS THAT COULD RESULT IN INCOME TAXES TO THE CENTER UPON EXAMINATIONS BY TAXING AUTHORITIES. ANY TAX BENEFITS ASSOCIATED WITH UNCERTAIN TAX POSITIONS THAT ARE IN EXCESS OF A REALIZATION THRESHOLD WOULD BE RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE FINANCIAL STATEMENTS, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES. PRESENTLY, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION, INCLUDING ANY APPEALS AND LITIGATION, AND THEREFORE BELIEVES THAT THE CENTER HAS NO EXPOSURE TO INCOME TAXES FROM UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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