Civic Intelligence

Audiences Unlimited Inc.

990 • Fiscal year 2020 • EIN 31-0946267

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 29, 2020

1005 W Rudisill BlvdFort Wayne, IN 46807

(260) 424-1064

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

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

Liabilities / Revenue

55th percentile

0.17x

Higher debt load relative to revenue than 55% of similar nonprofits.

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

Net Margin

12th percentile

-27%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

49th percentile

$56,363

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 22.1% 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

Up

$1,380,284

Up $467,282 (+51%) from 2012

Net Assets

Up

$1,336,842

Up $424,918 (+47%) from 2012

Liabilities

Up

$43,442

Up $42,364 (+3930%) from 2012

Revenue

$254,999

No earlier filing loaded for comparison.

Expenses

Up

$325,082

Up $87,649 (+37%) from 2012

Net Income

-$70,083

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.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $941,273Liabilities 2011: $2,840Net Assets 2011: $938,4332011Assets 2012: $913,002Liabilities 2012: $1,078Net Assets 2012: $911,9242012Assets 2020: $1,380,284Liabilities 2020: $43,442Net Assets 2020: $1,336,8422020Assets 2021: $1,778,593Liabilities 2021: $44,913Net Assets 2021: $1,733,6802021Assets 2022: $1,655,481Liabilities 2022: $17,416Net Assets 2022: $1,638,0652022Assets 2023: $1,740,705Liabilities 2023: $74,407Net Assets 2023: $1,666,2982023Assets 2024: $1,818,558Liabilities 2024: $63,656Net Assets 2024: $1,754,9022024

Highlighted filing

2020

Assets$1,380,284
Liabilities$43,442
Net Assets$1,336,842

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $241,1822011Expenses 2012: $237,4332012Revenue 2020: $254,999Expenses 2020: $325,082Net Income 2020: -$70,0832020Revenue 2021: $395,780Expenses 2021: $194,390Net Income 2021: $201,3902021Revenue 2022: $497,984Expenses 2022: $279,904Net Income 2022: $218,0802022Revenue 2023: $318,751Expenses 2023: $409,635Net Income 2023: -$90,8842023Revenue 2024: $369,689Expenses 2024: $393,463Net Income 2024: -$23,7742024

Highlighted filing

2020

Revenue$254,999
Expenses$325,082
Net Income-$70,083
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 29, 2020
Return Version
2019v5.0
Gross Receipts
$475,110
Mission and Program Overview

Mission

Audiences Unlimited creates cultural experiences that enrich the lives of people with limited access to the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,121,552$1,170,465▲ $48,913
Investments Other Securities$84,414$78,576▼ $5,838
Cash and Non-Interest-Bearing Accounts$45,246$49,827▲ $4,581
Accounts Receivable$3,984$0▼ $3,984
Prepaid Expenses and Deferred Charges$2,598$3,587▲ $989
Land, Buildings, and Equipment, Net$5,151$3,515▼ $1,636
Pledges and Grants Receivable$49,885$100▼ $49,785
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,399,420$1,380,284▼ $19,136
Other Assets Total$86,590$74,214▼ $12,376
Liabilities
Unsecured Notes Loans Payable-$24,900-
Deferred Revenue-$12,139-
Accounts Payable and Accrued Expenses$7,270$5,884▼ $1,386
Other Liabilities$1,175$519▼ $656
Total Liabilities$8,445$43,442▲ $34,997
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,299,787$1,289,960▼ $9,827
Net Assets With Donor Restrictions$91,188$46,882▼ $44,306
Total Net Assets Fund Balance$1,390,975$1,336,842▼ $54,133
Total Liabilities and Net Assets / Fund Balance$1,399,420$1,380,284▼ $19,136

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,515$10,483$13,998
Leasehold Improvements-$7,500$7,500
Other Assets Org$515--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$84,414-▼ $1,679$3,745$78,575
2018$85,922-▲ $2,695$3,797$84,414
2017$81,451-▲ $8,464$3,790$85,922
2016$77,948-▲ $7,536$3,803$81,451
2015$86,227-▼ $4,166$3,893$77,948
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anna RossExecutive DirectorFT$56,363$56,363

Board Members and Trustees

NameTitle
Jennifer KingPresident
Katrina BoedekerVice President
Deborah BeckmanDirector
Gregory TroutnerDirector
Kevin GrantDirector
Metrice SmithDirector
Nancy LouraineDirector
Steve ToorDirector
Mary Timm-ZimmermanSecretary
Rhiannon BuellTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$137,580
Program Service Revenue
$71,457
Investment Income
$45,962
Other Revenue
$0
All Other Contributions
$137,580
Change in Net Assets
$-70,083

Audited Revenue Reconciliation

Revenue per Audited Statements
$245,293
Revenue Not Reported on Financial Statements
$9,706
Revenue Not Reported on Form 990
$20,059
Total Revenue per Audited Statements
$265,352
Total Revenue per Form 990
$254,999
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,410
Salaries, Compensation, and Employee Benefits$135,672
Total Fundraising Expense$47,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$129,923--$129,923
Other Salaries and Wages$35,620$7,463$22,206$65,289
Current Officers, Directors, Trustees, and Key Employees$33,818$5,636$16,909$56,363
Fees for Services Accounting-$15,100-$15,100
Fees for Service Investment Mgmnt Fees-$9,706-$9,706
Payroll Taxes$5,740$1,249$2,655$9,644
Travel$8,872-$39$8,911
Occupancy$4,545$1,446$1,184$7,175
Office Expenses$3,669$1,897$1,036$6,602
Other Expenses$2,851$535$1,147$4,533
Other Employee Benefits$1,072$764$2,540$4,376
Insurance$2,642$930-$3,572
Depreciation Depletion$1,276$262$98$1,636
Advertising$1,360--$1,360
Information Technology$471$169$68$708
Interest$92$92-$184
Total Functional Expenses$231,951$45,249$47,882$325,082

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$325,082
Total Expenses per Audited Statements$319,485
Expenses per Audited Statements$315,376
Expenses Not Reported on Financial Statements$9,706
Expenses Not Reported on Form 990$4,109
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital lease$519
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 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
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: Form 990 Review Process

Each year prior to filing the 990, the Finance Committee and the Board of Directors meet to review and approve the 990.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each year officers begin their terms in July. At that time, all documentation is updated, including the conflict of interest policy. The policy is signed and dated at this time as well.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Committee performs an annual evaluation of the Executive Director. Initial salary and subsequent increases are based upon the Executive Director's performance and compensation data for similarly situated individuals in the region.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

N/A; no other officers are compensated.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies including conflict of interest policy and financial statements, are made available upon request.

Filing and Contact Details

Filer

Filer Name
Audiences Unlimited Inc
EIN
31-0946267
Phone
2604241064
Address
1005 W Rudisill Blvd, Fort Wayne, IN 46807

Signing Officer

Name
Jennifer King
Title
President
Signed
2020-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer King
Formed
1972
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
10

Preparer

Firm
Targeted Services PC
Address
709 Clay Street Suite 102, Fort Wayne, IN 46802
Preparer
Patricia Oppor
Phone
2602033121
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Unrealized gain on investments = $15950

Part III, line 4A (continued)

In addition, Audiences Unlimited provided free tickets for 387 audience members to attend 38 cultural venues and community performances. Individuals at our partnering care facilities who are mobile or can be transported in a wheelchair attended these programs. In response to the Covid pandemic, Audiences Unlimited provided digital video programming from March through June reaching an unquantifiable number of audience members. Audiences Unlimiteds (AUI) mission is to create cultural experiences that enrich the lives of people with limited access to the arts. AUIs programming enriches the quality of life of residents in health/residential care facilities, adult day care centers, and one hospital, and for adults with cognitive and developmental disabilities by providing cultural resources and programs that refresh and inspire the mind, body, and spirit. Audiences Unlimited, Inc. serves two groups of people in the community. The first group is comprised of people who live in long-term care and residential facilities due to aging or critical illness. When a person lives at a facility, they face challenges and loss of independence that prevent them from being integrated in the fabric of the community. They have limited access to events that are presented in our community, such as performances and cultural activities. The need is great for these members of our community to have experiences that improve their quality of life and bring them joy and happiness. The second group is comprised of adults of all ages with developmental disabilities who attend L.I.F.E. Adult Day Academy. These individuals may struggle to make meaningful social connections or face limited opportunities to arts experiences due to behaviors or caretaking situations. Approximately 40% of these individuals live in group homes and have very limited access to music. First, AUI serves as a catalyst uniting local artists and entertainers with the needs of long-term care facilities offering a variety of choices, such as small Philharmonic ensembles, dance groups, choral groups, bands, and soloists as well as other styles of entertainment. In the 2019-2020 fiscal year from July through early March, AUI had 36 ongoing partner facilities that received between six to fifteen In-Facility or Room-to-Room programs per month. The organization also served an additional 13 facilities throughout northeast Indiana with two to four performances throughout the year. During fiscal year 2020, 65,143 audience members participated in these two related programs during the 1948 live performances. The In-Facility program offered residents the opportunity to experience arts performances and to be recognized on birthdays, holidays, and other special occasions. These programs encouraged interaction and participation through singing along, dancing (including wheelchair dancing) and clapping. Individuals who lack mobility would smile, tap, and sway to the music. Residents often requested their favorite songs and had the opportunity to play small musical instruments such as tambourines and maracas. This interaction between the artists, other residents and staff energized residents and forged a stronger sense of community among them. The Room-to-Room program provided long-term care facilities with a pool of qualified musicians who perform and visit from room-to-room. Bedfast residents often experience prolonged periods of isolation from the activities and with their peers. Their confinement results in a greater sense of helplessness and increased loneliness. This program lifts the hearts and spirits of these individuals. AUIs In-Community Events program offered free admissions to 38 cultural events and activities in our community. Tickets were obtained from our arts and cultural organization partners at no cost to distribute to facilities for their residents. AUI served 688 audience members that were mobile or wheelchair-bound. Second, the My Expressions Program at L.I.F.E. Adult Day Academy (ME P

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Operations

Part X : FIN48 Footnote

Audiences Unlimited, Inc. is a nonprofit organization exempt from federal income tax under Section 501(c)(3) of the Internal Revenue code and qualifies for the 50% charitable contribution limitation. The Organization has been classified as an organization that is not a private foundation under section 509(a) of the Internal Revenue Code. However, the Organization is subject to federal income tax on any unrelated business taxable income. No unrelated business taxable income was reported in the year ended June 30, 2020. The Organization is generally no longer subject to examination by the Internal Revenue Service for years before 2017. Audiences Unlimited, Inc. follows the guidance of FASB ASC 740-10-25 and determined no material unrecognized tax benefits or liabilities exist as of June 30, 2020. The adoption of 740-10-25 did not impact Audiences Unlimited, Inc.'s financial position or results of operations. If applicable, Audiences Unlimited, Inc. will recognize interest and penalties related to underpayment of income taxes as income tax expense. As of June 30, 2020, Audiences Unlimited, Inc. had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. Audiences Unlimited, Inc. does not anticipate any significant changes to unrecognized income tax benefits over the next year.

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