Civic Intelligence

Kenosha Creative Space Inc

990EZ • Fiscal year 2018 • EIN 30-0947971

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

624 57th StreetKenosha, WI 53140

(262) 945-9411

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.67x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

2.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

9th percentile

-44%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$45,047

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 49.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

27th percentile

-13%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-45%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$269,827

Down $38,690 (-13%) from 2017

Net Assets

Down

$89,276

Down $40,107 (-31%) from 2017

Liabilities

Up

$180,551

Up $1,417 (+0.8%) from 2017

Revenue

Down

$90,451

Down $74,671 (-45%) from 2017

Expenses

Up

$130,557

Up $94,818 (+265%) from 2017

Net Income

Down

-$40,106

Down $169,489 (-131%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2017: $308,517Liabilities 2017: $179,134Net Assets 2017: $129,3832017Assets 2018: $269,827Liabilities 2018: $180,551Net Assets 2018: $89,2762018Assets 2019: $249,242Liabilities 2019: $174,119Net Assets 2019: $75,1232019Assets 2020: $266,216Liabilities 2020: $171,124Net Assets 2020: $95,0922020

Highlighted filing

2018

Assets$269,827
Liabilities$180,551
Net Assets$89,276

Operations Trend

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

$200K$100K$0-$100KRevenue 2017: $165,122Expenses 2017: $35,739Net Income 2017: $129,3832017Revenue 2018: $90,451Expenses 2018: $130,557Net Income 2018: -$40,1062018Revenue 2019: $90,811Expenses 2019: $144,493Net Income 2019: -$53,6822019Revenue 2020: $60,757Expenses 2020: $59,035Net Income 2020: $1,7222020

Highlighted filing

2018

Revenue$90,451
Expenses$130,557
Net Income-$40,106
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$92,529
Mission and Program Overview

Mission

To serve as a hub connecting and inspiring creative activities, providing access to cultural experiences and involving broad, inclusive community participation.

Program Services

DescriptionGrantsExpenses
KENOSHA MURAL PROJECT IN 2015, THE MURALS CREATED BY THE PROGRAM HAVE BEEN AWARDED BEST PUBLIC IMPROVEMENT PROJECT BY THE WISCONSIN MAIN STREET AWARDS. POP-UP GALLERIES TEMPORARY POP-UP GALLERY EXHIBITIONS TAKING PLACE IN ALTERNATIVE SPACES, FREQUENTLY EMPTY RETAIL SPACES. THE TEMPORARY GALLERIES ACTIVATE INTEREST IN DEVELOPING THOSE LOCATIONS. EMERGING NEW MUSIC SERIES IN PARTNERSHIP WITH KENOSHA UNIFIED SCHOOL DISTRICT (KUSD) AND KENOSHA CHARTER SCHOOLS, THE SERIES LOOKS TO CONNECT STUDENTS AND THE PUBLIC AT LARGE TO CONTEMPORARY CHAMBER MUSIC.-$52,435
BEACH PARTY - THIS IS A CREATIVE SHOWCASE THAT THE SPACE HOLDS REGULARLY TO PROMOTE LOCAL ARTISTS AND CREATIVE ENDEAVORS. IT IS HOSTED AT SIMMONS ISLAND IN KENOSHA.-$10,737
CREATE MAGAZINE - THIS IS A PUBLICATION DISTRIBUTED BY THE SPACE TO KENOSHA RESIDENTS TO RAISE AWARENESS AND INTEREST IN KENOSHA'S CREATIVE COMMUNITY.-$4,745
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANCISCO LOYOLAExecutive DiFT$45,047-$45,047
JOE POTENTESecretary-$0--
DENNIS DUCHENEDirector-$0--
ARDIS MAHONE-MOSLEYDirector-$0--
THALIA MENDEZDirector-$0--
KIM SEKASDirector-$0--
PAM THOMEYDirector-$0--
CHARLES SKENDZIELFormer Direc-$0--
LIZ SCHNEIDERFormer Direc-$0--
RANDY HERNANDEZFormer Direc-$0--
AMY GREILFormer VP/Pr-$0--
Filing and Contact Details

Filer

Filer Name
Kenosha Creative Space Inc
EIN
30-0947971
Phone
2629459411
Address
624 57TH STREET, KENOSHA, WI 53140

Signing Officer

Name
Francisco Loyola
Title
Executive Director
Phone
2629459411
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Andrea & Orendorff Llp
Address
6300 76TH ST STE 200, KENOSHA, WI 53142-4018
Preparer
Mike Hedden
Phone
2626577716
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Beverage sales at events 6,550 product sales 50 total 6,600

Form 990-ez, Part I, Line 16

Beach party event expenses 10,737 expenses in-kind adverstising 5,443 office expenses 151 website 528 conferences and meetings 120 interest expense 7,818 insurance 6,616 bad debt expense 6,500 bank service charges 111 create magazine 4,745 in-kind expenses 1,129 licenses and titles 831 miscellaneous 2,712 other program costs 2,756 professional development 1,558 programming 2,682 repairs & maintenance 1,857 total 56,294

Form 990-ez, Part II, Line 24

Pledges receivable 81,400 40,400 prepaid expenses and deferred charges 1,556 0 furniture & fixtures 0 22,330 real estate escrow 502 2,508 total 83,458 65,238

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,590 451 unsecured notes and loans payable 175,000 170,621 federal w/h payable 459 958 state w/h payable 86 202 sales tax payable 0 925 cash overdraft 0 7,394

Form 990-ez, Part III

To serve as a hub connecting and inspiring creative activities, providing access to cultural experiences and involving broad, inclusive community participation.

Form 990-ez, Part III, Line 31

Kenosha mural project in 2015, the murals created by the program have been awarded best public improvement project by the wisconsin main street awards. Pop-up galleries temporary pop-up gallery exhibitions taking place in alternative spaces, frequently empty retail spaces. The temporary galleries activate interest in developing those locations. Emerging new music series in partnership with kenosha unified school district (kusd) and kenosha charter schools, the series looks to connect students and the public at large to contemporary chamber music.

Raw XML Appendix183 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEVERAGE SALES AT EVENTS 6,550 PRODUCT SALES 50 TOTAL 6,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEACH PARTY EVENT EXPENSES 10,737 EXPENSES IN-KIND ADVERSTISING 5,443 OFFICE EXPENSES 151 WEBSITE 528 CONFERENCES AND MEETINGS 120 INTEREST EXPENSE 7,818 INSURANCE 6,616 BAD DEBT EXPENSE 6,500 BANK SERVICE CHARGES 111 CREATE MAGAZINE 4,745 IN-KIND EXPENSES 1,129 LICENSES AND TITLES 831 MISCELLANEOUS 2,712 OTHER PROGRAM COSTS 2,756 PROFESSIONAL DEVELOPMENT 1,558 PROGRAMMING 2,682 REPAIRS & MAINTENANCE 1,857 TOTAL 56,294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 81,400 40,400 PREPAID EXPENSES AND DEFERRED CHARGES 1,556 0 FURNITURE & FIXTURES 0 22,330 REAL ESTATE ESCROW 502 2,508 TOTAL 83,458 65,238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,590 451 UNSECURED NOTES AND LOANS PAYABLE 175,000 170,621 FEDERAL W/H PAYABLE 459 958 STATE W/H PAYABLE 86 202 SALES TAX PAYABLE 0 925 CASH OVERDRAFT 0 7,394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO SERVE AS A HUB CONNECTING AND INSPIRING CREATIVE ACTIVITIES, PROVIDING ACCESS TO CULTURAL EXPERIENCES AND INVOLVING BROAD, INCLUSIVE COMMUNITY PARTICIPATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5KENOSHA MURAL PROJECT IN 2015, THE MURALS CREATED BY THE PROGRAM HAVE BEEN AWARDED BEST PUBLIC IMPROVEMENT PROJECT BY THE WISCONSIN MAIN STREET AWARDS. POP-UP GALLERIES TEMPORARY POP-UP GALLERY EXHIBITIONS TAKING PLACE IN ALTERNATIVE SPACES, FREQUENTLY EMPTY RETAIL SPACES. THE TEMPORARY GALLERIES ACTIVATE INTEREST IN DEVELOPING THOSE LOCATIONS. EMERGING NEW MUSIC SERIES IN PARTNERSHIP WITH KENOSHA UNIFIED SCHOOL DISTRICT (KUSD) AND KENOSHA CHARTER SCHOOLS, THE SERIES LOOKS TO CONNECT STUDENTS AND THE PUBLIC AT LARGE TO CONTEMPORARY CHAMBER MUSIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-04-17 16:48:07Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02629459411
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ReturnHeader/PreparerPersonGrp/PhoneNum02626577716
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE HEDDEN
ReturnHeader/ReturnTs02019-11-15T14:30:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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