Civic Intelligence

Gordon Square Arts District LLC

990 • Fiscal year 2012 • EIN 26-1165869

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 06, 2013

6516 Detroit Avenue44102
Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

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

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,479,974

No earlier filing loaded for comparison.

Net Assets

$1,472,599

No earlier filing loaded for comparison.

Liabilities

$7,375

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,167,519

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

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 2012: $1,479,974Liabilities 2012: $7,375Net Assets 2012: $1,472,5992012Assets 2013: $1,473,047Liabilities 2013: $1,546Net Assets 2013: $1,471,5012013Assets 2014: $818,071Liabilities 2014: $145,060Net Assets 2014: $673,0112014Assets 2015: $187,330Liabilities 2015: $6,394Net Assets 2015: $180,9362015

Highlighted filing

2012

Assets$1,479,974
Liabilities$7,375
Net Assets$1,472,599

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,167,5192012Revenue 2013: $2,637,274Expenses 2013: $2,638,372Net Income 2013: -$1,0982013Revenue 2014: $2,073,292Expenses 2014: $2,871,782Net Income 2014: -$798,4902014Revenue 2015: $283,662Expenses 2015: $775,737Net Income 2015: -$492,0752015

Highlighted filing

2012

Revenue-
Expenses$1,167,519
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 6, 2013
Return Version
2012v2.0
Gross Receipts
$1,239,344
Mission and Program Overview

Mission

The mission of the Gordon Square Arts District is to employ the arts as a catalyst for economic development and revitalization of the Detroit Shoreway neighborhood through the restoration of the Capitol Theatre, renovation of the Cleveland Public Theatre, construction of a performance center for Near West Theatre, improvements to the Detroit Avenue streetscape and parking acquisition and development.

Filing and Contact Details

Filer

EIN
26-1165869
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IRS990/Description0BEGAN OR COMPLETED VARIOUS STAGES OF THE PROJECT, WHICH INCLUDES THE FOLLOWING: - ACQUISITION OF PROPERTY & CONSTRUCTION OF A NEW THEATRE FACILITY IN THE GORDON SQUARE ARTS DISTRICT FOR NEAR WEST THEATRE. - RENOVATION OF 2 THEATER FACILITIES TO UPGRADE & PROVIDE ADDITIONAL REHEARSAL & EDUCATIONAL VENUES & RETIRE CERTAIN ACQUISITION & CAPITAL-RELATED DEBT FOR CLEVELAND PUBLIC THEATRE. - ACQUISITION OR LEASE OF VACANT LAND & IMPROVEMENTS THEREON TO CONSTRUCT UP TO 4 SURFACE PARKING AREAS SERVING OTHER COMPONENTS OF THE PROJECT AND THE DISTRICT. - FUND RAISING & RENOVATION OF THE EXISTING CAPITOL THEATRE INTO A MULTIPLEX MOVIE THEATER. - FUND RAISING & OVERSIGHT OF CERTAIN STREETSCAPES IN THE DISTRICT.
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