Civic Intelligence

Audiences Unlimited Inc.

990 • Fiscal year 2021 • EIN 31-0946267

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 15, 2021

1005 W Rudisill Blvd 304Fort Wayne, IN 46807

(260) 424-1064

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

87th percentile

51%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$62,977

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

76th percentile

29%

Faster asset growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

55%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,778,593

Up $398,309 (+29%) from 2020

Net Assets

Up

$1,733,680

Up $396,838 (+30%) from 2020

Liabilities

Up

$44,913

Up $1,471 (+3.4%) from 2020

Revenue

Up

$395,780

Up $140,781 (+55%) from 2020

Expenses

Down

$194,390

Down $130,692 (-40%) from 2020

Net Income

Up

$201,390

Up $271,473 (+387%) from 2020

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

2021

Assets$1,778,593
Liabilities$44,913
Net Assets$1,733,680

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

2021

Revenue$395,780
Expenses$194,390
Net Income$201,390
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$949,429
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$1,170,465$1,525,501▲ $355,036
Investments Other Securities$78,576$104,269▲ $25,693
Cash and Non-Interest-Bearing Accounts$49,827$101,965▲ $52,138
Pledges and Grants Receivable$100$29,434▲ $29,334
Land, Buildings, and Equipment, Net$3,515$6,540▲ $3,025
Savings and Temporary Cash Investments-$4,430-
Prepaid Expenses and Deferred Charges$3,587$3,712▲ $125
Accounts Receivable-$2,227-
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$1,380,288$1,778,593▲ $398,305
Other Assets Total$74,218$515▼ $73,703
Liabilities
Unsecured Notes Loans Payable$24,900$24,785▼ $115
Accounts Payable and Accrued Expenses$5,884$12,475▲ $6,591
Deferred Revenue$12,139$7,653▼ $4,486
Other Liabilities$523--
Total Liabilities$43,446$44,913▲ $1,467
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,289,960$1,673,387▲ $383,427
Net Assets With Donor Restrictions$46,882$60,293▲ $13,411
Total Net Assets Fund Balance$1,336,842$1,733,680▲ $396,838
Total Liabilities and Net Assets / Fund Balance$1,380,288$1,778,593▲ $398,305

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,540$12,533$19,073
Leasehold Improvements-$7,500$7,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$78,575-▲ $29,878$3,723$104,269
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anna RossExecutive DirectorFT$62,977$62,977

Board Members and Trustees

NameTitle
Jennifer KingPresident
Katrina BoedekerVice President
Deborah BeckmanDirector
Kevin GrantDirector
Mary Timm-ZimmermanDirector
Nancy LouraineDirector
Steve ToorDirector
Gregory TroutnerSecretary
Rhiannon BuellTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$264,167
Program Service Revenue
$5,522
Investment Income
$126,091
Other Revenue
$0
All Other Contributions
$264,167
Change in Net Assets
$201,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$385,001
Revenue Not Reported on Financial Statements
$10,779
Revenue Not Reported on Form 990
$196,348
Total Revenue per Audited Statements
$581,349
Total Revenue per Form 990
$395,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$122,747
Other Expenses$71,643
Total Fundraising Expense$49,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,786$6,298$18,893$62,977
Other Salaries and Wages$17,173$5,896$24,413$47,482
Fees for Services Other$16,952--$16,952
Fees for Services Accounting-$15,020-$15,020
Fees for Service Investment Mgmnt Fees-$10,780-$10,780
Occupancy$4,743$3,029$1,554$9,326
Payroll Taxes$4,501$1,248$2,585$8,334
Office Expenses$7,254$1,045$26$8,325
Insurance$3,372$774-$4,146
Other Employee Benefits$1,201$379$2,374$3,954
Interest$2,149$241-$2,390
Depreciation Depletion$1,528$380$142$2,050
Travel$1,904--$1,904
Information Technology-$750-$750
Total Functional Expenses$98,563$45,840$49,987$194,390

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$194,390
Total Expenses per Audited Statements$184,511
Expenses per Audited Statements$183,611
Expenses Not Reported on Financial Statements$10,779
Expenses Not Reported on Form 990$900
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-
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 304, Fort Wayne, IN 46807

Signing Officer

Name
Anna Ross
Title
Executive Director
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anna Ross
Formed
1972
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
9

Preparer

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

Additional Explanations

Part III, line 4A (continued)

Both programs took place on-site and virtually in facilities for those who otherwise would not have the opportunity to experience professional music and cultural arts programs. 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. Especially during the global pandemic, they have limited access to performances and cultural activities. The need is great for these members of our community to have experiences that reduce the feelings of isolation and improve their quality of life by bringing 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 by offering a variety of choices, live and digital, such as solo and duos, small Philharmonic ensembles, dance groups, as well as other styles of entertainment. In the 2020-2021 fiscal year, AUI had 28 partner facilities receiving live programming for over 2,100 individuals receiving multiple experiences and 37 partner facilities receiving 72 hours of digital video programming to an undetermined number of audience members. The In-Facility program offered residents the opportunity to experience arts performances with safety protocols in place due to the pandemic. Safely presented indoors and outdoors, this program provided arts experiences that fulfill quality of life attributes including the value of active aging, emotional stimulation, intellectual fulfillment, the sense of community and support, and sensory engagement. The live program numbers are lower than a standard year as a result of the global pandemic that prevented AUI from being able to interact with long-term care residents in-person at a traditional rate or manner. Musicians were masked to sing and perform and audience members were socially distanced. The formerly very interactive programs were more stationery but still offered an incredible experience after the long periods of isolation. Digital videos of AUI musicians and dancers ensured that programming was still accessible to those we serve when care facilities closed their doors to visitors. The video programs became integrated into our partner facilities regular programming due to the lockdowns and safety protocols. Video programming was sent to partner facilities free of charge via flash drives. Each flash drive included 8 to 15 compilations of artists, with each compilation being 30 to 45 minutes in length. These compilations included a general mix of music and dance, worship mixes, winter-holiday and patriotic mixes. The care-facilities each use the videos in different ways, but some of the uses have included backing for general exercise programming, being played at Friday happy hours, on individual room TVs, and over the facility-wide sound system. Due to the pandemic, AUIs In-Community Events program was placed on hold with our partner arts and cultural organizations. However, nineteen ticke

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, 2021. The Organization is generally no longer subject to examination by the Internal Revenue Service for years before 2018. 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, 2021. 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, 2021, 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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IRS990/Desc0Audiences Unlimited provided 230 live, socially-distanced indoor and outdoor arts programs for audience members and participants, including music, dance, and theatre reaching an estimated 2,165 individuals. These individuals had the opportunity to participate in multiple arts experiences from 1 to 35 exposures each, depending upon the facility and the ability to congregate safely. In addition, 72 hours of virtual video programming featuring our local artists was provided reaching an undetermined number of audience members. This includes audiences in partnering long-term health facilities, residential care facilities, and an academy for adults with cognitive and developmental disabilities. Please see Schedule O for further information.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
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