Civic Intelligence

Liveconnections Org

990 • Fiscal year 2020 • EIN 26-2666641

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 07, 2021

3025 Walnut StreetPhiladelphia, PA 19104

(267) 295-2947

Siviq Scores

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

Liabilities / Assets

99th percentile

3.12x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

7.03x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

7th percentile

-56%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$178,418

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Assets

$1,961,747

No earlier filing loaded for comparison.

Net Assets

-$4,165,458

No earlier filing loaded for comparison.

Liabilities

$6,127,205

No earlier filing loaded for comparison.

Revenue

$871,618

No earlier filing loaded for comparison.

Expenses

$1,361,340

No earlier filing loaded for comparison.

Net Income

-$489,722

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.

$10M$5.0M$0-$5.0MAssets 2020: $1,961,747Liabilities 2020: $6,127,205Net Assets 2020: -$4,165,4582020Assets 2021: $1,829,032Liabilities 2021: $4,651,146Net Assets 2021: -$2,822,1142021Assets 2022: $3,356,651Liabilities 2022: $3,959,712Net Assets 2022: -$603,0612022Assets 2023: $2,893,852Liabilities 2023: $4,475,568Net Assets 2023: -$1,581,7162023

Highlighted filing

2020

Assets$1,961,747
Liabilities$6,127,205
Net Assets-$4,165,458

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $871,618Expenses 2020: $1,361,340Net Income 2020: -$489,7222020Revenue 2021: $2,774,957Expenses 2021: $2,111,734Net Income 2021: $663,2232021Revenue 2022: $4,357,810Expenses 2022: $2,138,757Net Income 2022: $2,219,0532022Revenue 2023: $4,278,350Expenses 2023: $5,257,005Net Income 2023: -$978,6552023

Highlighted filing

2020

Revenue$871,618
Expenses$1,361,340
Net Income-$489,722
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 7, 2021
Return Version
2019v5.1
Gross Receipts
$2,198,968
Mission and Program Overview

Mission

Liveconnections.org's mission is to open doors to musical and culinary experiences that create connections, inspire learning, and celebrate who we all are.

To open doors to musical and culinary experiences that create connections, inspire learning, and celebrate who we all are.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,000$1,260,304▲ $1,240,304
Loans From Officers Directors$0$621,667▲ $621,667
Cash and Non-Interest-Bearing Accounts$137,423$245,716▲ $108,293
Savings and Temporary Cash Investments$222,617$198,237▼ $24,380
Pledges and Grants Receivable$37,061$146,430▲ $109,369
Inventories for Sale or Use$0$52,339▲ $52,339
Prepaid Expenses and Deferred Charges$5,231$38,586▲ $33,355
Accounts Receivable$0$16,126▲ $16,126
Intangible Assets$0$2,389▲ $2,389
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Total Assets$422,332$1,961,747▲ $1,539,415
Other Assets Total$0$1,620▲ $1,620
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$3,555,824▲ $3,555,824
Accounts Payable and Accrued Expenses$13,263$1,384,108▲ $1,370,845
Deferred Revenue$0$504,177▲ $504,177
Other Liabilities$0$61,429▲ $61,429
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$13,263$6,127,205▲ $6,113,942
Net Assets / Fund Balance
Net Assets With Donor Restrictions$225,600$205,170▼ $20,430
Net Assets Without Donor Restrictions$183,469$-4,370,628▼ $4,554,097
Total Net Assets Fund Balance$409,069$-4,165,458▼ $4,574,527
Total Liabilities and Net Assets / Fund Balance$422,332$1,961,747▲ $1,539,415

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$441,645$1,240,041$1,681,686
Leasehold Improvements$656,003$457,794$1,113,797
Other Land Buildings$162,656$318,200$480,856
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hal RealPresidentFT-$178,418$178,418
David BradleyBoard memberPT$62,550-$62,550
Andrew LipkeBoard member-$14,600-$14,600
Alex ShawBoard member-$4,050-$4,050

Board Members and Trustees

NameTitle
Lori LandewBoard Chair
Luke ButlerVice Chair
Courtney M JohnsonBoard member
David B ThornburghBoard member
Greg RehBoard member
Helen LeichtBoard member
Robert J CrowderBoard member
Robert PennBoard member
Sally BullardBoard member
Sharon RankinBoard member
Tamar LelkesBoard member
Tia WilsonBoard member
Tony BrownBoard member
Val ChavensonBoard member
Paralee KnightSecretary
Steve BarnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$629,897
Program Service Revenue
$69,617
Investment Income
$1,538
Other Revenue
$170,566
All Other Contributions
$537,462
Change in Net Assets
$-489,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$842,038
Salaries, Compensation, and Employee Benefits$472,652
Total Fundraising Expense$87,001
Grants and Similar Amounts Paid$46,650
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$201,612$55,236$19,333$276,181
Other Salaries and Wages$189,597$51,944$18,181$259,722
Current Officers, Directors, Trustees, and Key Employees$126,664$34,702$12,146$173,512
Office Expenses$71,673$19,636$6,873$98,182
Interest$68,805$18,851$6,598$94,254
Insurance$49,297$13,506$4,727$67,530
Advertising$41,640$11,408$3,993$57,041
Depreciation Depletion$35,844$9,820$3,437$49,101
Fees for Services Accounting-$46,690-$46,690
Grants to Domestic Individuals$46,650--$46,650
Payroll Taxes$28,775$7,884$2,759$39,418
Fees for Services Other$28,240$7,737$2,708$38,685
Other Expenses$21,610$16,351$5,721$21,610
Travel$4,451$1,219$427$6,097
Fees for Services Legal-$3,520-$3,520
Total Functional Expenses$975,555$298,784$87,001$1,361,340
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,410
Fundraising Gross Income$25,410
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Big Hurrah$56,120$24,526$12,091$12,435
Kids Rock$10,975$884$884$0
Total Events$67,095$25,410$25,410-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
David BradleyBoard directorProducing DirectorNo$32,550
Andrew LipkeBoard directorTeaching assistantNo$14,600

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$621,667▲ $621,667
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Liability$61,429
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Part VI, Line 11B

The president, executive director, and finance committee thoroughly review the form 990. After this process, a complete copy of the 990 is provided to each board member prior to filing.

Form 990, Part VI, Line 12C

The conflict of interest policy is monitored by the president and executive director on an on-going basis.

Form 990, Part VI, Line 19

Organizing documents and financial and policy statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
LiveConnectionsorg
EIN
26-2666641
In Care Of
% MANAGEMENT
Phone
2672952947
Address
3025 Walnut Street, Philadelphia, PA 19104

Signing Officer

Name
Hal Real
Title
President
Phone
2672952947
Signed
2021-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hal Real
Formed
2008
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
16
Employees
135
Volunteers
16

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Israel Tannenbaum CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

On December 1, 2019 LiveConnections became the sole member of Real Entertainment-Philadelphia, LLC (the "Company") when the previous sole member of the Company contributed its interest in the Company to LiveConnections. Following such contribution, LiveConnections contributed $1,000 to the capital of the Company.The Company is disregarded as an entity separate from LiveConnections for federal income tax purposes. Net Assets of $(4,084,805) are those of World Cafe Live as of the end of June 30, 2020.

Form 990, Part III, Line 4, Program service accomplishments

ORGANIZATIONAL OVERVIEW On December 1, 2019, LiveConnections.org ("LC") became the sole member of Real Entertainment-Philadelphia, LLC, the owner and operator of independent music venue World Cafe Live. The combination of the operations of the two organizations resulted in a 327% increase in budget and a significant increase in earned revenue from ticket sales, culinary, private events. Moving forward together under the name World Cafe Live ("WCL"), our combined organizations are committed to being a place where artistry meets social impact. In a typical year, we will serve 150,000 guests through ticketed concerts, free education programs and private events. Our core values of music, learning and community are reflected across our three program areas. LIVE MUSIC AND CULINARY EXPERIENCES Last year, we presented 320 ticketed events, serving 26,900 audience members. We aim to build a continuum of arts access and opportunity for emerging and established artists in the Philadelphia region. Our free events celebrate underrepresented music traditions, explore the culinary arts, and elevate new voices in our city. WCL continued our free, monthly series like Jazz Jam with Omar's Hat and Viernes Calientes Latin Dance Party. These events are supported by a wide range of food and beverages offerings from our onsite team. We also had several culinary focused events including Jam-Ba-Liva, a love letter to NOLA cuisine. On March 13, 2020, we closed our doors to the public due to COVID-19, forcing the cancellation of all live music and culinary events. As a result, we took a leadership position as we engaged in coalition-building with partners across the U.S. with the National Independent Venue Association (NIVA), co-founded by WCL President Hal Real. We formed streaming partnerships with promoters and independent venues like Le Poisson Rouge in NYC and UC Theatre in Berkeley, CA, enabling us to offer national artists to our community. PRIVATE EVENTS Last year we hosted over 60 rental events with local businesses and community partners including the University of Pennsylvania, GURU, University City District, Philadelphia Gay Men's Chorus, BlackStar Film Festival, and the Philadelphia Zoo. We aim to support our earned revenue model by using open calendar dates to create a one-stop shop for events of all types. With three floors and two separate spaces, we can accommodate events ranging from 50 to 800 guests. Our dedicated events team can provide clients with unparalleled event planning services, including customizable menus and full-service audio-visual needs. EDUCATION In December 2019, after more than a decade of building collaborative education programs together, longstanding partner LiveConnections.org became the owner of WCL to form a unified operation. This combination allowed us to deepen our longstanding initiatives and launch new programs. From June 2019 to June 2020, 91% of our participants were public school students, grades 2-12 and 9% were individuals with disabilities. Prior to the shutdown from COVID-19, we presented 27 free Bridge Sessions, interactive performances at WCL, serving 3,074 participants attending from 21 schools and community organizations. Our Bridge Sessions highlighted the work of 43 teaching artists from multiple genres, including a new Bridge Session called "Immigrant Grooves" exploring diverse music traditions reflected in the immigrant and refugee communities throughout our city. During the pandemic, we provided "Bridging the Distance," an online video archive of Bridge Sessions with curricular tie-ins for teachers and accessibility partners. In 2019, Carnegie Hall's Weill Music Institute chose us as its partner for the Philadelphia launch of its acclaimed "Lullaby Project," pairing singer-songwriters with new parents and caregivers to write songs for their infants. We had just begun the pilot of this project in March 2020 and had to pause due to the pandemic. In July, we re-started, and virtually over Zoom

Financial Statement Notes

Part X- FIN 48 Footnote

LiveConnections.org IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL and state INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN MADE. The organization believes that is has support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. There are no income related penalties and interest included in these financial statements.

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