Civic Intelligence

The Muses Inc.

990 • Fiscal year 2014 • EIN 26-0225045

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

102 Meadowbrook WayHot Springs, AR 71913

(501) 463-4514

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

91st percentile

$44,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

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

Asset Growth

39th percentile

-2.6%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

14th percentile

-34%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$398,399

Down $10,538 (-2.6%) from 2013

Net Assets

Up

$328,399

Up $39,462 (+14%) from 2013

Liabilities

Down

$70,000

Down $50,000 (-42%) from 2013

Revenue

Down

$242,580

Down $125,623 (-34%) from 2013

Expenses

Down

$202,647

Down $29,284 (-13%) from 2013

Net Income

Down

$39,933

Down $96,339 (-71%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $51,984Net Assets 2010: $51,9842010Assets 2011: $209,849Liabilities 2011: $126,905Net Assets 2011: $82,9442011Assets 2012: $153,483Liabilities 2012: $0Net Assets 2012: $153,4832012Assets 2013: $408,937Liabilities 2013: $120,000Net Assets 2013: $288,9372013Assets 2014: $398,399Liabilities 2014: $70,000Net Assets 2014: $328,3992014Assets 2015: $401,157Liabilities 2015: $70,000Net Assets 2015: $331,1572015Assets 2016: $392,320Liabilities 2016: $70,000Net Assets 2016: $322,3202016Assets 2017: $392,084Liabilities 2017: $62,263Net Assets 2017: $329,8212017Assets 2018: $371,682Liabilities 2018: $40,000Net Assets 2018: $331,6822018Assets 2019: $393,422Liabilities 2019: $20,000Net Assets 2019: $373,4222019Assets 2020: $434,819Liabilities 2020: $20,000Net Assets 2020: $414,8192020Assets 2021: $502,330Liabilities 2021: $8,524Net Assets 2021: $493,8062021Assets 2022: $468,782Liabilities 2022: $0Net Assets 2022: $468,7822022Assets 2023: $619,522Liabilities 2023: $0Net Assets 2023: $619,5222023Assets 2024: $687,237Liabilities 2024: $2,847Net Assets 2024: $684,3902024

Highlighted filing

2014

Assets$398,399
Liabilities$70,000
Net Assets$328,399

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $90,811Expenses 2010: $109,254Net Income 2010: -$18,4432010Expenses 2011: $246,2902011Expenses 2012: $287,7752012Revenue 2013: $368,203Expenses 2013: $231,931Net Income 2013: $136,2722013Revenue 2014: $242,580Expenses 2014: $202,647Net Income 2014: $39,9332014Revenue 2015: $250,962Expenses 2015: $247,636Net Income 2015: $3,3262015Revenue 2016: $272,286Expenses 2016: $280,320Net Income 2016: -$8,0342016Revenue 2017: $261,875Expenses 2017: $254,161Net Income 2017: $7,7142017Revenue 2018: $253,662Expenses 2018: $249,283Net Income 2018: $4,3792018Revenue 2019: $309,448Expenses 2019: $269,052Net Income 2019: $40,3962019Revenue 2020: $268,725Expenses 2020: $271,481Net Income 2020: -$2,7562020Revenue 2021: $298,982Expenses 2021: $268,418Net Income 2021: $30,5642021Revenue 2022: $311,130Expenses 2022: $319,150Net Income 2022: -$8,0202022Revenue 2023: $455,688Expenses 2023: $310,107Net Income 2023: $145,5812023Revenue 2024: $383,799Expenses 2024: $332,916Net Income 2024: $50,8832024

Highlighted filing

2014

Revenue$242,580
Expenses$202,647
Net Income$39,933
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$242,580
Mission and Program Overview

Mission

The Muses is a charitable arts organization dedicated to preserving classical art and music through performance and education. The Muses creates new productions, using classical elements and highly-trained professional performers, in mentoring roles with students and young artists, to inspire audiences and generate interest in, and support for, the classical arts.

The Muses is a charitable arts organization dedicated to preserving classical art and music through performance and education. Their vision is to inspire, educate, heal, and delight audiences and participants by providing diverse expressions of classical art and educational enrichment opportunities to the citizens of Arkansas

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$276,376$269,573▼ $6,803
Cash and Non-Interest-Bearing Accounts$113,873$88,183▼ $25,690
Accounts Receivable$18,688$40,643▲ $21,955
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$408,937$398,399▼ $10,538
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$120,000$70,000▼ $50,000
Total Liabilities$120,000$70,000▼ $50,000
Net Assets / Fund Balance
Unrestricted Net Assets$288,937$328,399▲ $39,462
Total Net Assets Fund Balance$288,937$328,399▲ $39,462
Total Liabilities and Net Assets / Fund Balance$408,937$398,399▼ $10,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$192,405$7,595$200,000
Land$50,000-$50,000
Equipment$18,124$12,617$30,741
Leasehold Improvements$9,044$316$9,360
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deleen DavidsonPresidentFT$44,000$44,000

Board Members and Trustees

NameTitle
Al CarneyChairman
Bill SampleVice Chairman
Anita CabeDirector
Julie MullenixDirector
Ron MillsDirector
Sharon HeflinSecretary
Don MunroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,822
Program Service Revenue
$56,684
Investment Income
$0
Other Revenue
$74
All Other Contributions
$185,822
Change in Net Assets
$39,933
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,723
Salaries, Compensation, and Employee Benefits$85,924
Total Fundraising Expense$26,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$33,238$1,037$9,900$44,175
Current Officers, Directors, Trustees, and Key Employees-$44,000-$44,000
Other Salaries and Wages$25,666$8,000-$33,666
All Other Expenses$4,461$6,147$3,259$13,867
Payroll Taxes$2,729$5,529-$8,258
Depreciation Depletion$8,141--$8,141
Interest-$3,915-$3,915
Travel$2,675-$956$3,631
Other Expenses$857$643$2,017$3,517
Advertising-$2,393$599$2,992
Insurance-$546$1,812$2,358
Office Expenses-$1,380$453$1,833
Fees for Services Accounting-$900-$900
Total Functional Expenses$79,415$96,808$26,424$202,647
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Part VI, Line 11B: Form 990 Review Process

The Form 990 was reviewed by the board at their fall quarterly meeting.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of the executive director is decided by the board of directors. The compensation is based on comparable compensation of other organizations in the area of the same size.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Muses Inc
EIN
26-0225045
Phone
5014634514
Address
102 Meadowbrook Way, Hot Springs, AR 71913

Signing Officer

Name
Deleen Davidson
Title
Executive Director
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Ar
Voting Board Members
8
Independent Board Members
6
Employees
3
Volunteers
50

Preparer

Firm
Johnson Mire & Fernandez CPA
Address
2008 Athania Parkway, Metairie, LA 70001
Preparer
Dione Fernandez
Phone
5047795990
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Non Deductiable Entertainment = -$471

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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05529
IRS990/PayrollTaxesGrp/ProgramServicesAmt02729
IRS990/PayrollTaxesGrp/TotalAmt08258
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Performances
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056684
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056684
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0304012
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0122736
IRS990/PYProgramServiceRevenueAmt064191
IRS990/PYRevenuesLessExpensesAmt0136272
IRS990/PYSalariesCompEmpBnftPaidAmt0109195
IRS990/PYTotalExpensesAmt0231931
IRS990/PYTotalRevenueAmt0368203
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt039933
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0185822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0304012
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0292137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0219699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt074665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01076335
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt056684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt064191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt066589
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt052682
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt016141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0256287
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt074
IRS990ScheduleA/OtherIncome509Grp/TotalAmt074
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01332622
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0242506
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0368203
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0358726
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0272381
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt090806
IRS990ScheduleA/Total509Grp/TotalAmt01332622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0242580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0368203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0358726
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0272381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt090806
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01332696
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0192405
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07595
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0200000
IRS990ScheduleD/EquipmentGrp/BookValueAmt018124
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030741
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09044
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0316
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09360
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0269573
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 was reviewed by the board at their fall quarterly meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation of the executive director is decided by the board of directors. The compensation is based on comparable compensation of other organizations in the area of the same size.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Non Deductiable Entertainment = -$471
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0408937
IRS990/TotalAssetsEOYAmt0398399
IRS990/TotalAssetsGrp/BOYAmt0408937
IRS990/TotalAssetsGrp/EOYAmt0398399
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0185822
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026424
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096808
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt079415
IRS990/TotalFunctionalExpensesGrp/TotalAmt0202647
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0120000
IRS990/TotalLiabilitiesEOYAmt070000
IRS990/TotalLiabilitiesGrp/BOYAmt0120000
IRS990/TotalLiabilitiesGrp/EOYAmt070000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0288937

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.87$0.03$6.84$3.84$3.33$0.51
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.00$6.20$4.56$3.10$1.46
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.00$4.69$3.11$3.19$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.09$4.94$2.99$2.68$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$0.20$4.15$2.69$2.71$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$0.20$3.73$3.09$2.69$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$0.40$3.32$2.54$2.49$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$0.62$3.30$2.62$2.54$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$0.70$3.22$2.72$2.80$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.01$0.70$3.31$2.51$2.48$0.03
2014Detailed filing. Detailed filing data is available for this year.$3.98$0.70$3.28$2.43$2.03$0.40
2013Detailed filing. Detailed filing data is available for this year.$4.09$1.20$2.89$3.68$2.32$1.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.00$1.53$2.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$1.27$0.83$2.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.52$0.91$1.09$0.18