Civic Intelligence

Steamboat Springs Center For

EIN 26-4154181 • 501(c)3 • Steamboat Springs, CO

Profile

The Organization's primary exempt purpose is to be an educational community resource for the understanding and appreciation of the visual arts and a source of inspiration, encouragement, and professional career development for community artists and residents.

PO Box 775909Steamboat Springs, CO 80477

www.steamboatartcenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.46x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-7.4%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

4.3%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$34,432

Up $4,233 (+14%) from 2016

Liabilities

Up

$15,713

Up $12,915 (+462%) from 2016

Net Assets

Down

$18,719

Down $8,682 (-32%) from 2016

Revenue

Up

$117,990

Up $4,833 (+4.3%) from 2016

Expenses

Up

$126,672

Up $9,535 (+8.1%) from 2016

Net Income

Down

-$8,682

Down $4,702 (-118%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2010: $17,560Liabilities 2010: $5,918Net Assets 2010: $11,6422010Assets 2011: $24,018Liabilities 2011: $11,352Net Assets 2011: $12,6662011Assets 2012: $27,544Liabilities 2012: $6,050Net Assets 2012: $21,4942012Assets 2013: $39,008Liabilities 2013: $8,337Net Assets 2013: $30,6712013Assets 2014: $42,907Liabilities 2014: $16,648Net Assets 2014: $26,2592014Assets 2015: $42,253Liabilities 2015: $10,872Net Assets 2015: $31,3812015Assets 2016: $30,199Liabilities 2016: $2,798Net Assets 2016: $27,4012016Assets 2017: $34,432Liabilities 2017: $15,713Net Assets 2017: $18,7192017

Highlighted filing

2017

Assets$34,432
Liabilities$15,713
Net Assets$18,719

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $87,144Expenses 2010: $87,731Net Income 2010: -$5872010Revenue 2011: $116,788Expenses 2011: $115,764Net Income 2011: $1,0242011Revenue 2012: $127,247Expenses 2012: $118,419Net Income 2012: $8,8282012Revenue 2013: $150,551Expenses 2013: $141,374Net Income 2013: $9,1772013Revenue 2014: $134,839Expenses 2014: $139,251Net Income 2014: -$4,4122014Revenue 2015: $145,307Expenses 2015: $140,185Net Income 2015: $5,1222015Revenue 2016: $113,157Expenses 2016: $117,137Net Income 2016: -$3,9802016Revenue 2017: $117,990Expenses 2017: $126,672Net Income 2017: -$8,6822017

Highlighted filing

2017

Revenue$117,990
Expenses$126,672
Net Income-$8,682

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 18, 2018
Return Version
2017v2.2
Gross Receipts
$117,997
Mission and Program Overview

Mission

The Organization's primary exempt purpose is to be an educational community resource for the understanding and appreciation of the visual arts and a source of inspiration, encouragement, and professional career development for community artists and residents.

Program Services

DescriptionGrantsExpenses
Emerging Artist Program (EAP): Cooperative member-based emerging artists' gallery and public art appreciation venue at 837 Lincoln Avenue, Steamboat Springs. Goals: 1) provide a nurturing environment where emerging artists can exhibit their work without regard to the artist's commercial viability; 2) provide a support network for artists to connect with their peers; 3) learn from observation and the experience of a professional Executive Director to improve on artistic technique, presentation of artwork, interaction with the public, and portfolio preparation for finding broader exposure in commercial galleries outside the region. The gallery hosts over 10,000 visitors annually and is the "must stop" venue for the First Friday Artwalk, averaging well over 500 art appreciators for this monthly event. Consistent with our mission, 70% of art sales revenue is returned to the artist, a significant economic stimulus to an underserved segment of the arts community in the Valley. Steamboat Springs First Friday Artwalk (SSFFA): Established in 2008, the CVA oversees the production and financial management of this exciting monthly city-wide event for the purpose of community art appreciation. It is only partially funded by program fees from 20 exhibiting member venues, including museums, galleries and alternative sites. Linda Laughlin, Exec. Director of the CVA, co-founder of First Friday Artwalk in 2008, wrote the artistic guidelines for the organization and has maintained the momentum of the event for the past eight years. It is the single most effective, free monthly arts event in the City of Steamboat Springs, bringing hundreds of visitors into the downtown area that helps provide economic support to local businesses. In 2017, the First Friday Artwalk brochure wrote stories and featured 12 local artists in its monthly publication. In 2017 we were proud to have two of our emerging artist members be selected as the winners of the cover artwork for the Yampa Valley Arts and Gallery Guide. Additionally, the work of one of our artists was selected as the poster artwork for the Annual Winter Carnival Festival.$0$91,932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anna Lee LipmanDirector-$0--
Al ReinerDirector-$0--
George FargoDirector-$0--
Marion KahnDirector-$0--
Brad PoissantDirector-$0--
Stephen BolanderTreasurer-$0--
Linda LaughlinPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Steamboat Springs Center for
EIN
26-4154181
Phone
9708467062
Address
PO Box 775909, Steamboat Springs, CO 80477

Signing Officer

Name
Linda Laughlin
Title
Current President
Phone
9708467062
Signed
2018-03-18
Discuss with paid preparer
Yes

Preparer

Firm
Baker Newman & Noyes
Address
PO Box 507, Portland, ME 04112
Preparer
Nicholas E Porto
Phone
2078792100
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 1,665. Description: Other Expenses. Amount: 34,429. Total to Form 990-EZ, line 14: 36,094.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Office Expenses. Amount: 2,547. Description: Gallery Business Expenses. Amount: 10,915. Description: Travel & Meetings Expense. Amount: 17. Description: Advertising Expense. Amount: 1,165. Total to Form 990-EZ, line 16: 14,644.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Accounts Receivable. Beg. of Year Amount: 2,336. End of Year Amount: 482. Description: Security Deposit. Beg. of Year Amount: 2,000. End of Year Amount: 2,000. Description: Other Assets. Beg. of Year Amount: 30. End of Year Amount: 30. Description: Other Depreciable Assets. Beg. of Year Amount: 12,769. End of Year Amount: 11,104.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accounts Payable. Beg. of Year Amount: 1,464. End of Year Amount: 14,401. Description: Sales Tax Payable. Beg. of Year Amount: 1,334. End of Year Amount: 1,312.

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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
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