Civic Intelligence

Creative City Collaborative of Delray Beach Inc.

990 • Fiscal year 2014 • EIN 26-3210202

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 17, 2015

180 NE 1st Street33444

(561) 450-6357

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.64x

Higher debt load relative to assets than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.15x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

58th percentile

5.3%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

63rd percentile

$86,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$480,890

No earlier filing loaded for comparison.

Net Assets

$172,985

No earlier filing loaded for comparison.

Liabilities

$307,905

No earlier filing loaded for comparison.

Revenue

$2,064,924

No earlier filing loaded for comparison.

Expenses

$1,954,703

No earlier filing loaded for comparison.

Net Income

$110,221

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 2014: $480,890Liabilities 2014: $307,905Net Assets 2014: $172,9852014Assets 2015: $404,396Liabilities 2015: $287,645Net Assets 2015: $116,7512015Assets 2016: $322,644Liabilities 2016: $293,475Net Assets 2016: $29,1692016Assets 2018: $182,668Liabilities 2018: $142,343Net Assets 2018: $40,3252018Assets 2019: $238,781Liabilities 2019: $75,764Net Assets 2019: $163,0172019Assets 2020: $366,124Liabilities 2020: $188,947Net Assets 2020: $177,1772020Assets 2021: $757,585Liabilities 2021: $378,941Net Assets 2021: $378,6442021Assets 2022: $1,041,652Liabilities 2022: $130,774Net Assets 2022: $910,8782022Assets 2024: $1,039,536Liabilities 2024: $146,995Net Assets 2024: $892,5412024

Highlighted filing

2014

Assets$480,890
Liabilities$307,905
Net Assets$172,985

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,064,924Expenses 2014: $1,954,703Net Income 2014: $110,2212014Revenue 2015: $2,586,164Expenses 2015: $2,933,678Net Income 2015: -$347,5142015Revenue 2016: $2,241,410Expenses 2016: $2,328,992Net Income 2016: -$87,5822016Revenue 2018: $1,151,353Expenses 2018: $1,471,517Net Income 2018: -$320,1642018Revenue 2019: $1,337,796Expenses 2019: $1,253,433Net Income 2019: $84,3632019Revenue 2020: $975,936Expenses 2020: $989,246Net Income 2020: -$13,3102020Revenue 2021: $1,038,135Expenses 2021: $839,403Net Income 2021: $198,7322021Revenue 2022: $1,722,998Expenses 2022: $1,384,879Net Income 2022: $338,1192022Revenue 2024: $2,119,915Expenses 2024: $2,074,271Net Income 2024: $45,6442024

Highlighted filing

2014

Revenue$2,064,924
Expenses$1,954,703
Net Income$110,221
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 17, 2015
Return Version
2013v4.0
Gross Receipts
$2,067,924
Mission and Program Overview

Mission

To create and present exceptional art experiences that enrich our community. See schedule o for a more detailed description.

To create and present exceptional arts experiences that enrich our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,992$227,477▲ $204,485
Pledges and Grants Receivable$0$130,408▲ $130,408
Land, Buildings, and Equipment, Net$22,955$86,404▲ $63,449
Loans From Officers Directors$0$40,000▲ $40,000
Prepaid Expenses and Deferred Charges$0$20,988▲ $20,988
Total Assets$45,947$480,890▲ $434,943
Other Assets Total$0$15,613▲ $15,613
Liabilities
Deferred Revenue$14,970$228,167▲ $213,197
Accounts Payable and Accrued Expenses$1,816$38,733▲ $36,917
Other Liabilities$1$1,005▲ $1,004
Total Liabilities$16,787$307,905▲ $291,118
Net Assets / Fund Balance
Unrestricted Net Assets$29,160$172,985▲ $143,825
Total Net Assets Fund Balance$29,160$172,985▲ $143,825
Total Liabilities and Net Assets / Fund Balance$45,947$480,890▲ $434,943

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$66,335$27,720$94,055
Leasehold Improvements$19,553$827$20,380
Other Land Buildings$516$129$645
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alyona a UsheExecutive DirectorFT$80,000$6,000$86,000

Board Members and Trustees

NameTitle
Mark SwillingerChairman
Robert SchmierChairman
Peter ArmourPresident, Arts Garage Guild
Steve MichaelVice Chairman
Adam BentkoverDirector
Brent SchillingerDirector
Dick LowenthalDirector
Frank BurnsideDirector
Kathy FreemanDirector
Lynn FergusonDirector
Mike GraceyDirector
Pamela GoffmanDirector
Ronnie DunayerDirector
Brian RosenSecretary
M Adam BankierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$740,067
Program Service Revenue
$1,270,689
Investment Income
$23,011
Other Revenue
$31,157
All Other Contributions
$459,594
Change in Net Assets
$110,221

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,064,924
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,000
Total Revenue per Audited Statements
$2,067,924
Total Revenue per Form 990
$2,064,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,485,853
Salaries, Compensation, and Employee Benefits$468,850
Total Fundraising Expense$32,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$521,450-$14,331$535,781
Other Salaries and Wages$268,500$36,870$13,827$319,197
All Other Expenses$114,223$68,494$732$183,449
Advertising$130,649--$130,649
Current Officers, Directors, Trustees, and Key Employees$67,941$9,330$3,498$80,769
Travel$74,723$3,322-$78,045
Other Employee Benefits$46,668--$46,668
Other Expenses$5,593$34,236-$39,829
Payroll Taxes$22,216--$22,216
Insurance$7,274$11,046-$18,320
Conferences and Meetings-$14,570-$14,570
Depreciation Depletion$7,382$5,577-$12,959
Occupancy$5,025$1,675-$6,700
Total Functional Expenses$1,721,191$201,124$32,388$1,954,703

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,957,703
Expenses per Audited Statements$1,954,703
Total Expenses per Form 990$1,954,703
Expenses Not Reported on Form 990$3,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,609
Fundraising Direct Expenses$3,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$31,609$31,609$3,000$28,609
Total Events$31,609$31,609$3,000$28,609
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$0$40,000▲ $40,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits Payable$1,005
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Section A, Line 4

On may 19, 2014, the organization amended & restated its articles of incorporation. The primary change was the name of the organization, which is now creative city collaborative, inc.

Form 990, Part VI, Section B, Line 11

The form 990 is initially reviewed by the executive director and treasurer, then any necessary corrections are made. The form 990 is then sent to all board members for final review and approval.

Form 990, Part VI, Section B, Line 12C

Annually, each director, principal officer and member of a committee with governing board delegated powers shall sign a statement which affirms such person, (a)has received a copy of the conflicts of interest policy, (b)has read and understands the policy, (c)has agreed to comply with the policy, and (d)understands the ccc is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Further, in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportuity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Lastly, on a periodic basis a review is performed to ensure the ccc's written policies are being followed and that the organization is operating in a manner consistent with its charitable purposes and that it does not engage in any activity that could jeopardize its tax-exempt status.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, financial statements and tax returns available to the public upon written request.

Filing and Contact Details

Filer

EIN
26-3210202
Phone
5614506357

Signing Officer

Name
Alyona a Ushe
Title
Executive Director
Phone
5614506357
Signed
2015-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alyona a Ushe
Formed
2010
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
15
Employees
0
Volunteers
30

Preparer

Preparer
Thomas a Pence Jr
Phone
5618329292
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The city of pompano beach and the pompano beach cra requested the organization assist them with providing programming and management of their professional cultural facilities.

Form 990, Part IX, Line 11G

Artists fees: program service expenses 460,409. Management and general expenses 0. Fundraising expenses 0. Total expenses 460,409. Development consultant: program service expenses 0. Management and general expenses 0. Fundraising expenses 14,331. Total expenses 14,331. Instructor fees: program service expenses 61,041. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,041.

Financial Statement Notes

PART X, LINE 2:

The organization evaluates its uncertain tax positions in accordance with fasb asc 740, income taxes, which states that management's determination of the taxable status of an entity, including its status as a tax-exempt not-for-profit entity, is a tax position subject to the standards required for accounting for uncertainty in income taxes. Management does not believe that the organization has any significant uncertain tax positions that would be material to the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses included in net revenues 3,000.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses included in net revenues 3,000.

Raw XML AppendixShowing 400 of 551 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0TO BUILD AND PROMOTE THE CULTURAL COMMUNITY THAT CELEBRATES THE SOUTH FLORIDA REGION AS CREATIVE, AUTHENTIC AND INTIMATE; STRENGTHEN THE DISTINCTIVE CULTURAL AND ARTISTIC BRAND; CONTINUE THE REVITALIZATION AND STABILIZATION OF THE AREA THROUGH PROMOTION OF ART AND CULTURAL ACTIVITIES AND ARTISTIC INSTITUTION; PROMOTE CULTURAL TOURISM BY ENHANCING THE AREAS IDENTITY AS A COMMUNITY OF CULTURE AND THE ARTS -- ONE THAT IS CREATIVE, AUTHENTIC, AND INTIMATE; FACILITATE ACCESS TO THE ARTS FOR ALL AGES, ETHNICITIES, AND PHYSICAL ABILITIES; AND ENCOURAGE AND ADVOCATE FOR PUBLIC AND/OR PRIVATE FUNDING AND SUPPORT FOR CULTURAL GROWTH IN THE AREA.
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IRS990/PayrollTaxesGrp/ProgramServicesAmt022216
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0130408
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IRS990/ProgramServiceRevenueGrp/Desc2THEATRE TICKET SALES
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IRS990/ProgSrvcAccomActy2Grp/Desc0PERFORMING ARTS ACADEMY (PAA) - BRINGS A HIGH LEVEL OF PERFORMING ARTS EDUCATION TO THE REGION. OUR PROGRAM FILLS A CULTURAL ENRICHMENT GAP WHILE SUPPORTING THE VISION TO PROMOTE THE CULTURAL COMMUNITY OF SOUTH FLORIDA AND TO ENHANCE THE AREAS REPUTATION AS AN INTERNATIONAL CULTURAL DESTINATION FOR ARTISTS, STUDENTS AND LOVERS OF THE ARTS. PAA IS COMMITTED TO BRINGING MUSIC AND THEATRE EDUCATION TO THE AREA ALONG WITH COMMITTED PERFORMERS, MENTORS, EDUCATORS AND ROLE MODELS, WHO ARE SETTING THE STAGE FOR INNOVATIVE PROGRAMMING.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0120831
IRS990/ProgSrvcAccomActy3Grp/Desc0TO PROVIDE PROFESSIONAL CULTURAL ARTS FACILITY PROGRAMMING AND MANAGEMENT TO TWO FACILITIES OWNED BY THE POMPANO BEACH CRA.
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03889939
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