Civic Intelligence

Carlisle Arts Learning Center Inc.

990 • Fiscal year 2017 • EIN 25-1717457

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 23, 2017

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

52nd percentile

0.04x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.12x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

64th percentile

9.7%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

60th percentile

$38,038

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

51st percentile

3.8%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$839,011

Up $30,361 (+3.8%) from 2016

Net Assets

Up

$802,596

Up $28,453 (+3.7%) from 2016

Liabilities

Up

$36,415

Up $1,908 (+5.5%) from 2016

Revenue

Up

$293,738

Up $66,497 (+29%) from 2016

Expenses

Up

$265,285

Up $54,475 (+26%) from 2016

Net Income

Up

$28,453

Up $12,022 (+73%) from 2016

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

2017

Assets$839,011
Liabilities$36,415
Net Assets$802,596

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

2017

Revenue$293,738
Expenses$265,285
Net Income$28,453
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$361,262
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.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$752,822$765,900▲ $13,078
Cash and Non-Interest-Bearing Accounts$47,893$68,140▲ $20,247
Prepaid Expenses and Deferred Charges$1,410$2,646▲ $1,236
Pledges and Grants Receivable$6,525$2,325▼ $4,200
Total Assets$808,650$839,011▲ $30,361
Liabilities
Deferred Revenue$26,118$32,954▲ $6,836
Mortgage Notes Payable Secured by Investment Property$5,000--
Accounts Payable and Accrued Expenses$3,389$3,461▲ $72
Total Liabilities$34,507$36,415▲ $1,908
Net Assets / Fund Balance
Unrestricted Net Assets$755,419$790,783▲ $35,364
Temporarily Rstr Net Assets$18,724$11,813▼ $6,911
Total Net Assets Fund Balance$774,143$802,596▲ $28,453
Total Liabilities and Net Assets / Fund Balance$808,650$839,011▲ $30,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$707,753$80,897$788,650
Land$57,600-$57,600
Equipment$547$22,834$23,381
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Becky RichesonExec DirectorFT$38,038$38,038

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$180,394
Program Service Revenue
$85,379
Investment Income
$17
Other Revenue
$27,948
All Other Contributions
$130,631
Change in Net Assets
$28,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,381
Salaries, Compensation, and Employee Benefits$122,654
Total Fundraising Expense$26,968
Grants and Similar Amounts Paid$250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,891$7,431$4,237$74,559
Current Officers, Directors, Trustees, and Key Employees$13,313$11,412$13,313$38,038
Occupancy$19,593$2,177-$21,770
Depreciation Depletion$17,679$1,965-$19,644
Office Expenses$7,353$1,814$1,694$10,861
Payroll Taxes$6,809$1,679$1,569$10,057
Fees for Services Other$3,510$1,193$717$5,420
Fees for Services Accounting-$5,342-$5,342
Advertising$3,477$858$801$5,136
Insurance$4,236$470-$4,706
Other Expenses$2,508$618$578$3,704
All Other Expenses-$1,289-$1,289
Grants to Domestic Individuals$250--$250
Interest-$72-$72
Total Functional Expenses$197,652$40,665$26,968$265,285
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$89,213
Fundraising Direct Expenses$67,524
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Auction$58,087$34,924$11,321$23,603
Art Shows$36,377$31,227$27,798$3,429
Total Events$115,592$87,279$62,081$25,198
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
2017-10-23
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
7
Volunteers
100

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

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

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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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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