Civic Intelligence

Redline

990 • Fiscal year 2014 • EIN 26-0317963

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 15, 2015

2350 Arapahoe StreetDenver, CO 80205

(303) 296-4448

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$3,187,820

Down $95,774 (-2.9%) from 2013

Net Assets

Down

$3,119,609

Down $46,564 (-1.5%) from 2013

Liabilities

Down

$68,211

Down $49,210 (-42%) from 2013

Revenue And Expenses

Revenue

Up

$850,595

Up $122,165 (+17%) from 2013

Expenses

Up

$897,159

Up $49,633 (+5.9%) from 2013

Net Income

Up

-$46,564

Up $72,532 (+61%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $3,492,195Liabilities 2010: $492Net Assets 2010: $3,491,7032010Assets 2013: $3,283,594Liabilities 2013: $117,421Net Assets 2013: $3,166,1732013Assets 2014: $3,187,820Liabilities 2014: $68,211Net Assets 2014: $3,119,6092014Assets 2015: $3,082,275Liabilities 2015: $54,560Net Assets 2015: $3,027,7152015Assets 2016: $2,996,070Liabilities 2016: $36,767Net Assets 2016: $2,959,3032016Assets 2017: $3,088,635Liabilities 2017: $128,432Net Assets 2017: $2,960,2032017Assets 2018: $3,468,698Liabilities 2018: $436,764Net Assets 2018: $3,031,9342018Assets 2021: $19,188,382Liabilities 2021: $15,511,954Net Assets 2021: $3,676,4282021Assets 2022: $3,776,840Liabilities 2022: $516,128Net Assets 2022: $3,260,7122022Assets 2023: $3,600,403Liabilities 2023: $94,037Net Assets 2023: $3,506,3662023Assets 2024: $4,954,956Liabilities 2024: $1,122,253Net Assets 2024: $3,832,7032024

Highlighted filing

2014

Assets$3,187,820
Liabilities$68,211
Net Assets$3,119,609

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $501,5042010Revenue 2013: $728,430Expenses 2013: $847,526Net Income 2013: -$119,0962013Revenue 2014: $850,595Expenses 2014: $897,159Net Income 2014: -$46,5642014Revenue 2015: $841,719Expenses 2015: $933,613Net Income 2015: -$91,8942015Revenue 2016: $768,858Expenses 2016: $837,270Net Income 2016: -$68,4122016Revenue 2017: $1,455,827Expenses 2017: $1,454,927Net Income 2017: $9002017Revenue 2018: $1,702,819Expenses 2018: $1,627,261Net Income 2018: $75,5582018Revenue 2021: $2,483,556Expenses 2021: $2,224,489Net Income 2021: $259,0672021Revenue 2022: $2,184,379Expenses 2022: $2,595,436Net Income 2022: -$411,0572022Revenue 2023: $2,749,137Expenses 2023: $2,506,005Net Income 2023: $243,1322023Revenue 2024: $3,362,101Expenses 2024: $3,038,976Net Income 2024: $323,1252024

Highlighted filing

2014

Revenue$850,595
Expenses$897,159
Net Income-$46,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 15, 2015
Return Version
2014v5.0
Gross Receipts
$925,035
Mission and Program Overview

Mission

Redline foster's education and engagement between artists and communities to create positive social change. Our vision is to empower everyone to create social change through art.

Redline is a diverse urban laboratory where art, education and community converge. Our vision is to foster forms of social practice in the arts that inspire inquiry and catalyze change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,123,805$3,038,196▼ $85,609
Cash and Non-Interest-Bearing Accounts$75,135$74,970▼ $165
Pledges and Grants Receivable$34,775$57,000▲ $22,225
Loans From Officers Directors$50,000--
Prepaid Expenses and Deferred Charges$8,967$5,828▼ $3,139
Accounts Receivable$32,255$3,554▼ $28,701
Intangible Assets$3,657$3,272▼ $385
Total Assets$3,283,594$3,187,820▼ $95,774
Other Assets Total$5,000$5,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$67,421$68,211▲ $790
Total Liabilities$117,421$68,211▼ $49,210
Net Assets / Fund Balance
Unrestricted Net Assets$3,131,398$3,033,328▼ $98,070
Temporarily Rstr Net Assets$34,775$86,281▲ $51,506
Total Net Assets Fund Balance$3,166,173$3,119,609▼ $46,564
Total Liabilities and Net Assets / Fund Balance$3,283,594$3,187,820▼ $95,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,668,453$520,449$3,188,902
Land$334,600-$334,600
Equipment$35,143$37,916$73,059
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louise MartoranoExecutive DiFT$65,933$6,800$72,733

Board Members and Trustees

NameTitle
Julie RubsamPresident
Amy Whiteside SchaefferDirector
Andy KrantzDirector
Bradley JosephDirector
David FrenchDirector
David WareDirector
Evan MannDirector
Greg GeisslerDirector
Greg LaugeroDirector
Irit WaldbaumDirector
Kate JohnsonDirector
Laura MerageDirector
Lori BaumanDirector
Peggy BeckDirector
Seth BradleyDirector
Hilary MurphySecretary
Benjamin SalazarTreasurer
Margaret WoodhullVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$655,965
Program Service Revenue
$107,866
Investment Income
$0
Other Revenue
$86,764
All Other Contributions
$553,626
Change in Net Assets
$-46,564

Audited Revenue Reconciliation

Revenue per Audited Statements
$850,595
Revenue Not Reported on Form 990
$8,017
Total Revenue per Audited Statements
$858,612
Total Revenue per Form 990
$850,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$547,689
Salaries, Compensation, and Employee Benefits$349,470
Total Fundraising Expense$140,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,586$54,360$58,999$232,945
Depreciation Depletion$87,319$4,596-$91,915
Current Officers, Directors, Trustees, and Key Employees$39,560$6,593$19,780$65,933
All Other Expenses$28,387$14,240$10,451$53,078
Occupancy$49,594$2,610-$52,204
Travel$35,336$1,154$1,308$37,798
Fees for Services Other$14,860$3,846$15,724$34,430
Payroll Taxes$14,184$5,433$7,022$26,639
Advertising$15,711$5,237$5,237$26,185
Insurance$23,959$1,261-$25,220
Other Expenses$16,578$2,072$2,072$20,722
Other Employee Benefits$10,981$4,205$5,434$20,620
Office Expenses$5,849$9,000$1,165$16,014
Information Technology$4,758$850$712$6,320
Pension Plan Contributions$1,774$680$879$3,333
Fees for Services Legal$52$106$53$211
Total Functional Expenses$640,215$116,298$140,646$897,159

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$905,176
Expenses per Audited Statements$897,159
Total Expenses per Form 990$897,159
Expenses Not Reported on Form 990$8,017
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$161,204
Fundraising Direct Expenses$74,440
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$193,489$161,204$46,631$114,573
Total Events$193,489$161,204$74,440$86,764
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
Loans from Officers, Directors, Trustees, and Key Employees$50,000--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 11B

A draft of the 990 is provided to the board's president and treasurer and redlines executive director. Only upon review and approval by these officers is the 990 filed.

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

Board members are required to sign a "board agreement" upon joining redline, which contains a conflict of interest statement. Board members also discuss any potential conflicts with redline prior to entering into the transaction.

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

The total compensation and related benefits of all employees are reviewed and approved by the board annually as part of the annual budgeting process.

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

Consistent with procedures used for the executive director, the total compensation and related benefits of all employees are reviewed and approved by the board annually as part of the annual budgeting process.

Form 990, Page 6, Part VI, Line 19

Redline maintains copies of its governing documents, conflict of interest policy, and financial statements in its administrative offices for use by any requesting party upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Redline
EIN
26-0317963
Phone
3032964448
Address
2350 ARAPAHOE STREET, DENVER, CO 80205

Signing Officer

Name
Louise Martorano
Title
Executive Director
Phone
3032964448
Signed
2015-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louise Martorano
Formed
2007
Legal Domicile
Co
Voting Board Members
18
Independent Board Members
18
Employees
12
Volunteers
90

Preparer

Firm
Bauerle and Company Pc
Address
7887 E BELLEVIEW AVE STE 700, DENVER, CO 80111-6021
Preparer
Robert E Fabry CPA
Phone
3037590089
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Community and provide a public commons for dialogue and education about the world today.

Form 990, Page 2, Part III, Line 4B

105 homeless artists in denver, three of which received full-ride bfa scholarships to the rocky mountain college of art and design because of our program. In 2012, redline launched artcorps, which in collaboration with the corporation for national & community service, places 2-3 vista volunteers in neighborhood schools to build development capacity for arts programming in title 1 schools. This program is responsible recently for building funding to re-introduce a choir program in whittier ece-8 school. Finally, redline serve 3-5 year olds through our redline young artist program, which in collaboration with rocky mountain parents as teachers offers children 2-5 and a caregiver the opportunity to explore contemporary art making together. Projects integrate early childhood social and emotional development activities, literacy, and age appropriate art explorations. In addition, redline frequently holds community workshops (art-ins) in collaboration with schools and libraries to provide opportunities for family to come together with their children to create art together in a community setting.

Form 990, Page 2, Part III, Line 4C

Artistic practice with under-resourced youth and adults. The residency provides mentorship from established local and visiting artists, curators, and directors. Furthermore, they receive exhibition and professional development opportunities and a working studio space that is open to the public. Through the artist residency program, emerging artists develop relationships with other artists in a collaborative setting that leads to healthy engagement and mutual support as each develops his or her own practice.

Form 990, Page 2, Part III, Line 4D

Community: redline's community studio serves as a hub for practical and creative engagement for the community to convene and solve community challenges. Redline uses community outreach data as a tool for social engagement and program planning to mobilize local stakeholders to address a wide array of local social issues. Resident artists act as a resource as they engage with community members through education programs, collaborative partnerships and an open-door studio policy. Furthermore, the community studio is an educational space where art persists as a vehicle to express the challenges of urban life. The community studio includes the morris & joyce price art bank, which is a program set up to receive art supply donations for artists who do not have the resources for their academic or professional art practice.

Financial Statement Notes

Schedule D, Page 3, Part X

Redline is required to recognize, measure, classify, and disclose in the financial statements uncertain tax positions taken or expected to be taken in redline's tax returns. Management has determined that redline does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that redline's tax returns will not be challenged by the taxing authorities and that redline will not be subject to additional tax, penalties, and interest as a result of such challenge. Generally, redline's tax returns remain open for examination for three years from the date of filing.

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IRS990/Desc0EXHIBITION: SIMILAR TO A MUSEUM, REDLINE OFFERS YEAR ROUND EXHIBITION PROGRAMMING IN OUR TWO EXHIBITION SPACES. UNLIKE A MUSEUM, REDLINE'S EXHIBITIONS FOCUS ON THE RELATIONSHIP BETWEEN THE VISITOR AND THE ARTIST IN ADDITION TO THE OBJECT OR ART ON THE WALLS, THIS IS WHY EXHIBITIONS FEATURE CONTEMPORARY ART AND ARTISTS. A CORE VALUE OF REDLINE'S EXHIBITIONS PROGRAM IS ACCESSIBILITY, WHICH IS WHY REDLINE IS A DONATION-BASED SPACE AND ADMISSION IS FREE TO ALL COMMUNITY MEMBERS. REDLINE HAS WELCOMED OVER 125,000 VISITORS SINCE OUR FOUNDING AND WE HAVE CURATED 35 EXHIBITIONS IN OUR MAIN EXHIBITION HALL AND 42 EXHIBITIONS IN OUR COMMUNITY AND EDUCATION-DRIVEN PROJECT SPACE. WITH EACH EXHIBITION WE CREATE, REDLINE SEEKS TO ENGAGE COMMUNITY AND PROVIDE A PUBLIC COMMONS FOR DIALOGUE AND EDUCATION ABOUT THE WORLD TODAY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION PROGRAM: EDUCATION AT REDLINE OFFERS EXPERIENTIAL OPPORTUNITIES THAT ALLOW STUDENTS OF ALL AGES TO EXPLORE THE PROCESSES OF CONTEMPORARY ART MAKING. OUR YOUTH AND ADULT PROGRAMS ARE SOCIALLY ENGAGED, AS THEY EMERGE FROM AND RESPOND TO COMMUNITY NEEDS AND INTEREST. WITH CONTEMPORARY ART AS THE FRAMEWORK, REDLINE DEVELOPS INNOVATIVE PROGRAMMING THAT ENCOURAGES STUDENTS TO CREATE MEANING IN THEIR LIVES AND THINK CRITICALLY ABOUT THEIR ENVIRONMENT. REDLINE SERVES AGES 2 - 95 THROUGH OUR PROGRAMS. TO DATE, WE HAVE SERVED OVER 4,500 K-12 STUDENTS THROUGH OUR E.P.I.C. ARTS PROGRAM, WHICH PAIRS A REDLINE RESIDENT ARTIST WITH A DPS ART TEACHER AND THEIR STUDENTS. REDLINE'S REACH STUDIO PROGRAM HAS NURTURED THE CREATIVE CONFIDENCE OF OVER 105 HOMELESS ARTISTS IN DENVER, THREE OF WHICH RECEIVED FULL-RIDE BFA SCHOLARSHIPS TO THE ROCKY MOUNTAIN COLLEGE OF ART AND DESIGN BECAUSE OF OUR PROGRAM. IN 2012, REDLINE LAUNCHED ARTCORPS, WHICH IN COLLABORATION WITH THE CORPORATION FOR NATIONAL & COMMUNITY SERVICE, PLACES 2-3 VISTA VOLUNTEERS IN NEIGHBORHOOD SCHOOLS TO BUILD DEVELOPMENT CAPACITY FOR ARTS PROGRAMMING IN TITLE 1 SCHOOLS. THIS PROGRAM IS RESPONSIBLE RECENTLY FOR BUILDING FUNDING TO RE-INTRODUCE A CHOIR PROGRAM IN WHITTIER ECE-8 SCHOOL. FINALLY, REDLINE SERVE 3-5 YEAR OLDS THROUGH OUR REDLINE YOUNG ARTIST PROGRAM, WHICH IN COLLABORATION WITH ROCKY MOUNTAIN PARENTS AS TEACHERS OFFERS CHILDREN 2-5 AND A CAREGIVER THE OPPORTUNITY TO EXPLORE CONTEMPORARY ART MAKING TOGETHER. PROJECTS INTEGRATE EARLY CHILDHOOD SOCIAL AND EMOTIONAL DEVELOPMENT ACTIVITIES, LITERACY, AND AGE APPROPRIATE ART EXPLORATIONS. IN ADDITION, REDLINE FREQUENTLY HOLDS COMMUNITY WORKSHOPS (ART-INS) IN COLLABORATION WITH SCHOOLS AND LIBRARIES TO PROVIDE OPPORTUNITIES FOR FAMILY TO COME TOGETHER WITH THEIR CHILDREN TO CREATE ART TOGETHER IN A COMMUNITY SETTING.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ARTIST IN RESIDENCY: REDLINE'S ARTIST IN RESIDENCE PROGRAM IS A SOCIALLY ENGAGED RESIDENCY PLATFORM THROUGH WHICH EMERGING ARTISTS RECEIVE A TWO-YEAR FULLY SUBSIDIZED STUDIO SPACE IN A MULTI-FACETED ARTS ENVIRONMENT WHERE ART, EDUCATION AND COMMUNITY INTERSECT. ARTISTS APPLY AND RECEIVE FREE STUDIO SPACE AFTER A THREE-TIERED APPLICATION PROCESS THAT ILLUSTRATES THEIR NEED FOR SPACE (BASED ON THEIR FINANCIAL SITUATION) AND COMMITMENT TO SERVING ARTS EDUCATION AND COMMUNITY IN RETURN FOR THE SUBSIDIZED SPACE. ON AVERAGE, 99% OF THE ARTISTS REDLINE SERVES THROUGH THE RESIDENCY PROGRAM ARE BELOW THE COLORADO MEDIAN INCOME FOR 2 PERSON HOUSEHOLDS. ARTISTS IN RESIDENCE PARTICIPATE IN REDLINE'S COMMUNITY/EDUCATION PROGRAMS BY SHARING THEIR OWN ARTISTIC PRACTICE WITH UNDER-RESOURCED YOUTH AND ADULTS. THE RESIDENCY PROVIDES MENTORSHIP FROM ESTABLISHED LOCAL AND VISITING ARTISTS, CURATORS, AND DIRECTORS. FURTHERMORE, THEY RECEIVE EXHIBITION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND A WORKING STUDIO SPACE THAT IS OPEN TO THE PUBLIC. THROUGH THE ARTIST RESIDENCY PROGRAM, EMERGING ARTISTS DEVELOP RELATIONSHIPS WITH OTHER ARTISTS IN A COLLABORATIVE SETTING THAT LEADS TO HEALTHY ENGAGEMENT AND MUTUAL SUPPORT AS EACH DEVELOPS HIS OR HER OWN PRACTICE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY: REDLINE'S COMMUNITY STUDIO SERVES AS A HUB FOR PRACTICAL AND CREATIVE ENGAGEMENT FOR THE COMMUNITY TO CONVENE AND SOLVE COMMUNITY CHALLENGES. REDLINE USES COMMUNITY OUTREACH DATA AS A TOOL FOR SOCIAL ENGAGEMENT AND PROGRAM PLANNING TO MOBILIZE LOCAL STAKEHOLDERS TO ADDRESS A WIDE ARRAY OF LOCAL SOCIAL ISSUES. RESIDENT ARTISTS ACT AS A RESOURCE AS THEY ENGAGE WITH COMMUNITY MEMBERS THROUGH EDUCATION PROGRAMS, COLLABORATIVE PARTNERSHIPS AND AN OPEN-DOOR STUDIO POLICY. FURTHERMORE, THE COMMUNITY STUDIO IS AN EDUCATIONAL SPACE WHERE ART PERSISTS AS A VEHICLE TO EXPRESS THE CHALLENGES OF URBAN LIFE. THE COMMUNITY STUDIO INCLUDES THE MORRIS & JOYCE PRICE ART BANK, WHICH IS A PROGRAM SET UP TO RECEIVE ART SUPPLY DONATIONS FOR ARTISTS WHO DO NOT HAVE THE RESOURCES FOR THEIR ACADEMIC OR PROFESSIONAL ART PRACTICE.
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