Civic Intelligence

Robert M Merryman Performing Arts Center

990 • Fiscal year 2020 • EIN 27-3418855

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 05, 2021

225 W 22nd StreetKearney, NE 68845

(308) 698-8297

Siviq Scores

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

Liabilities / Assets

64th percentile

0.14x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.29x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

40th percentile

1.4%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

58th percentile

11%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-15%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$803,210

Up $79,521 (+11%) from 2019

Net Assets

Up

$693,405

Up $5,115 (+0.7%) from 2019

Liabilities

Up

$109,805

Up $74,406 (+210%) from 2019

Revenue

Down

$374,027

Down $67,853 (-15%) from 2019

Expenses

Down

$368,912

Down $47,070 (-11%) from 2019

Net Income

Down

$5,115

Down $20,783 (-80%) from 2019

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 2015: $378,170Liabilities 2015: $19,461Net Assets 2015: $358,7092015Assets 2016: $461,472Liabilities 2016: $16,905Net Assets 2016: $444,5672016Assets 2017: $563,039Liabilities 2017: $13,248Net Assets 2017: $549,7912017Assets 2018: $643,461Liabilities 2018: $13,417Net Assets 2018: $630,0442018Assets 2019: $723,689Liabilities 2019: $35,399Net Assets 2019: $688,2902019Assets 2020: $803,210Liabilities 2020: $109,805Net Assets 2020: $693,4052020Assets 2021: $961,690Liabilities 2021: $77,159Net Assets 2021: $884,5312021Assets 2022: $1,259,779Liabilities 2022: $36,545Net Assets 2022: $1,223,2342022Assets 2023: $1,305,401Liabilities 2023: $19,851Net Assets 2023: $1,285,5502023Assets 2024: $1,458,303Liabilities 2024: $13,151Net Assets 2024: $1,445,1522024

Highlighted filing

2020

Assets$803,210
Liabilities$109,805
Net Assets$693,405

Operations Trend

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

$1.0M$500K$0Revenue 2015: $160,026Expenses 2015: $107,604Net Income 2015: $52,4222015Revenue 2016: $170,758Expenses 2016: $110,150Net Income 2016: $60,6082016Revenue 2017: $452,473Expenses 2017: $390,613Net Income 2017: $61,8602017Revenue 2018: $412,911Expenses 2018: $376,429Net Income 2018: $36,4822018Revenue 2019: $441,880Expenses 2019: $415,982Net Income 2019: $25,8982019Revenue 2020: $374,027Expenses 2020: $368,912Net Income 2020: $5,1152020Revenue 2021: $411,855Expenses 2021: $220,729Net Income 2021: $191,1262021Revenue 2022: $842,615Expenses 2022: $458,004Net Income 2022: $384,6112022Revenue 2023: $585,900Expenses 2023: $567,719Net Income 2023: $18,1812023Revenue 2024: $617,913Expenses 2024: $507,011Net Income 2024: $110,9022024

Highlighted filing

2020

Revenue$374,027
Expenses$368,912
Net Income$5,115
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 5, 2021
Return Version
2019v5.0
Gross Receipts
$374,027
Mission and Program Overview

Mission

It is the mission of the merryman performing arts center to present quality dance, music and theater performances, educational events and workshops that will culturally reward audiences and participants. The goal is to be an "engine of creativity" for area youth and a place of enjoyment and "affirmation" for the community.

It is the mission of the merryman performing arts center to present quality dance, music and theater performances, educational events and workshops that will culturally reward audiences and participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$332,002$382,678▲ $50,676
Land, Buildings, and Equipment, Net$80,631$68,829▼ $11,802
Accounts Receivable$5,398$15,057▲ $9,659
Prepaid Expenses and Deferred Charges$9,000$9,000→ $0
Total Assets$723,689$803,210▲ $79,521
Other Assets Total$296,658$327,646▲ $30,988
Liabilities
Deferred Revenue$19,705$66,439▲ $46,734
Unsecured Notes Loans Payable-$29,612-
Other Liabilities$15,694$13,754▼ $1,940
Total Liabilities$35,399$109,805▲ $74,406
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$391,632$365,758▼ $25,874
Net Assets With Donor Restrictions$296,658$327,647▲ $30,989
Total Net Assets Fund Balance$688,290$693,405▲ $5,115
Total Liabilities and Net Assets / Fund Balance$723,689$803,210▲ $79,521

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,829$98,074$166,903
Other Assets Org$327,646--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron CrockerPresident
Brad KernickDirector
Carolyn MenkeDirector
Jon AbegglenDirector
Josh JeldenDirector
Julie AgardDirector
Nate BrunerDirector
Todd ThalkenDirector
Tom HenningDirector
Diana MarlattSec/treas
Carol LomickyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$141,223
Program Service Revenue
$203,251
Investment Income
$10,405
Other Revenue
$19,148
Change in Net Assets
$5,115

Audited Revenue Reconciliation

Revenue per Audited Statements
$374,027
Total Revenue per Audited Statements
$374,027
Total Revenue per Form 990
$374,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,599
Salaries, Compensation, and Employee Benefits$162,313
Total Fundraising Expense$17,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,978$25,563-$88,541
Current Officers, Directors, Trustees, and Key Employees$44,925-$15,845$60,770
All Other Expenses$19,447$3,984-$23,431
Depreciation Depletion$15,485--$15,485
Advertising$14,226--$14,226
Payroll Taxes$8,038$1,956$1,212$11,206
Other Expenses$10,455--$10,455
Office Expenses$7,345$913-$8,258
Insurance$3,811--$3,811
Fees for Services Accounting$1,870$935$935$3,740
Fees for Service Investment Mgmnt Fees$3,096--$3,096
Other Employee Benefits$1,796--$1,796
Conferences and Meetings$1,166$500-$1,666
Information Technology$714--$714
Occupancy$1--$1
Total Functional Expenses$317,069$33,851$17,992$368,912

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$368,912
Total Expenses per Audited Statements$368,912
Total Expenses per Form 990$368,912
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Certificates Outstanding$6,020
Kpsf Adminiistrative Fee$4,741
Payroll Liabilities$2,993
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

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

For each interest disclosed to the chairman of the board of directors, the chairman will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals by this policy; (c) ask the person to recuse from participation in related discussions or decisions within the organization; or (d) ask the person to resign from his or her position in the organization or, if the person refuses to resign, become subject to possible removal in accordance with the organization's removal procedures.

Form 990, Page 6, Part VI, Line 19

Upon request all governing documents are made available at the treasurer's place of office.

Filing and Contact Details

Filer

Filer Name
Robert M Merryman Performing Art Ce
EIN
27-3418855
Phone
3086988297
Address
225 W 22ND STREET, KEARNEY, NE 68845

Signing Officer

Name
Denise Christensen
Title
Executive Director
Phone
3086988297
Signed
2021-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Crocker
Formed
2010
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
9
Volunteers
80

Preparer

Firm
Hellman Main Coslor & Kathol Pc
Address
3519 2ND AVENUE STE A, KEARNEY, NE 68847
Preparer
Jerry J Hellman
Phone
3082345506
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

It is the mission of the merryman performing arts center to present quality dance, music and theater performances, educational events and workshops that will culturally reward audiences and participants. The goal is to be an "engine of creativity" for area youth and a place of enjoyment and "affirmation" for the community.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT IS THE MISSION OF THE MERRYMAN PERFORMING ARTS CENTER TO PRESENT QUALITY DANCE, MUSIC AND THEATER PERFORMANCES, EDUCATIONAL EVENTS AND WORKSHOPS THAT WILL CULTURALLY REWARD AUDIENCES AND PARTICIPANTS. THE GOAL IS TO BE AN "ENGINE OF CREATIVITY" FOR AREA YOUTH AND A PLACE OF ENJOYMENT AND "AFFIRMATION" FOR THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGANIZATION'S REMOVAL PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE AT THE TREASURER'S PLACE OF OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/CityNm0KEARNEY

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