Civic Intelligence

River Cities Symphony Orchestra Inc

990EZ • Fiscal year 2017 • EIN 31-1557986

Jul 01, 2016 to Jun 30, 2017 • Filed on Jul 24, 2017

PO Box 477Parkersburg, WV 26101

(304) 428-9711

Siviq Scores

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

Liabilities / Assets

98th percentile

4.56x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.30x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

60th percentile

8.0%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

15th percentile

-31%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

45th percentile

-1.8%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Down

$4,799

Down $2,112 (-31%) from 2016

Net Assets

Up

-$17,064

Up $5,713 (+25%) from 2016

Liabilities

Down

$21,863

Down $7,825 (-26%) from 2016

Revenue

Down

$71,736

Down $1,294 (-1.8%) from 2016

Expenses

Up

$66,023

Up $1,903 (+3.0%) from 2016

Net Income

Down

$5,713

Down $3,197 (-36%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2011: $13,496Liabilities 2011: $51,284Net Assets 2011: -$37,7882011Assets 2012: $998Liabilities 2012: $34,566Net Assets 2012: -$33,5682012Assets 2013: $864Liabilities 2013: $31,255Net Assets 2013: -$30,3912013Assets 2014: $1,235Liabilities 2014: $29,163Net Assets 2014: -$27,9282014Assets 2015: $353Liabilities 2015: $31,990Net Assets 2015: -$31,6372015Assets 2016: $6,911Liabilities 2016: $29,688Net Assets 2016: -$22,7772016Assets 2017: $4,799Liabilities 2017: $21,863Net Assets 2017: -$17,0642017Assets 2018: $430Liabilities 2018: $28,553Net Assets 2018: -$28,1232018Assets 2019: $629Liabilities 2019: $31,688Net Assets 2019: -$31,0592019

Highlighted filing

2017

Assets$4,799
Liabilities$21,863
Net Assets-$17,064

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $46,282Expenses 2011: $57,848Net Income 2011: -$11,5662011Revenue 2012: $33,054Expenses 2012: $24,934Net Income 2012: $8,1202012Revenue 2013: $41,055Expenses 2013: $37,778Net Income 2013: $3,2772013Revenue 2014: $50,346Expenses 2014: $47,883Net Income 2014: $2,4632014Revenue 2015: $48,379Expenses 2015: $52,088Net Income 2015: -$3,7092015Revenue 2016: $73,030Expenses 2016: $64,120Net Income 2016: $8,9102016Revenue 2017: $71,736Expenses 2017: $66,023Net Income 2017: $5,7132017Revenue 2018: $61,767Expenses 2018: $72,826Net Income 2018: -$11,0592018Revenue 2019: $38,898Expenses 2019: $41,834Net Income 2019: -$2,9362019

Highlighted filing

2017

Revenue$71,736
Expenses$66,023
Net Income$5,713
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jul 24, 2017
Return Version
2016v3.0
Gross Receipts
$71,736
Mission and Program Overview

Mission

The purpose of the river cities symphony orchestra is to provide the mid-ohio valley region with high quality orchestral and chamber music concerts to the general public, and educational concerts in area schools.

Program Services

DescriptionGrantsExpenses
THE RIVER CITIES SYMPHONY ORCHESTRA PRESENTED THREE ORCHESTRAL PROGRAMS TO THE GENERAL PUBLIC AND THREE EDUCATIONAL CONCERTS TO ALL STUDENT AUDIENCES IN AREA SCHOOLS. THE PROGRAMS TO THE GENERAL PUBLIC HAD A TOTAL AUDIENCE OF ABOUT 800, WHILE THE STUDENT CONCERTS AUDIENCES NUMBERED ABOUT 1,300.-$66,023
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAC LICHTERMANPresidentPT$0--
SARAH JALBERTSecretary-$0--
GENE BARRYTreasurer-$0--
CHARLES KURNERDirector-$0--
PETER POLITESDirector-$0--
GEOFFREY COWARDDirector-$0--
PENNY PETTIGREWDirector-$0--
ALAN CAMPBELLDirector-$0--
DAVID WELLSDirector-$0--
CHARLES LEVYDirector-$0--
AMELIA DICKSDirector-$0--
Filing and Contact Details

Filer

Filer Name
River Cities Symphony Orchestra Inc
EIN
31-1557986
Address
PO BOX 477, PARKERSBURG, WV 26101

Signing Officer

Name
Mac Lichterman
Title
President
Signed
2017-07-24

Preparer

Firm
TENNEY & ASSOCIATES LLC CPA'S
Address
1101 ROSEMAR ROAD SUITE B, PARKERSBURG, WV 26105
Preparer
David B Tenney CPA
Phone
3044289711
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,501 interest expense 584 insurance 544 lodging - musicians 4,187 hall rental 7,125 box office 2,157 music & library service 1,678 license fees 343 membership dues 325 recording expense 500 concert refreshments 745 educ. - student busing 26 miscellaneous concert 748 miscellaneous g&a 483 total 20,946

Form 990-ez, Part II, Line 24

Accounts receivable 3,870 2,830 total 3,870 2,830

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 7,078 2,469 deferred revenue 500 500 loans from officers 5,000 5,000 mortgage and other notes payable 17,110 13,894

Form 990-ez, Part III

The purpose of the river cities symphony orchestra is to provide the mid-ohio valley region with high quality orchestral and chamber music concerts to the general public, and educational concerts in area schools.

Form 990-ez, Part III, Line 28

The river cities symphony orchestra presented three orchestral programs to the general public and three educational concerts to all student audiences in area schools. The programs to the general public had a total audience of about 800, while the student concerts audiences numbered about 1,300.

Raw XML Appendix205 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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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE RIVER CITIES SYMPHONY ORCHESTRA IS TO PROVIDE THE MID-OHIO VALLEY REGION WITH HIGH QUALITY ORCHESTRAL AND CHAMBER MUSIC CONCERTS TO THE GENERAL PUBLIC, AND EDUCATIONAL CONCERTS IN AREA SCHOOLS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,501 INTEREST EXPENSE 584 INSURANCE 544 LODGING - MUSICIANS 4,187 HALL RENTAL 7,125 BOX OFFICE 2,157 MUSIC & LIBRARY SERVICE 1,678 LICENSE FEES 343 MEMBERSHIP DUES 325 RECORDING EXPENSE 500 CONCERT REFRESHMENTS 745 EDUC. - STUDENT BUSING 26 MISCELLANEOUS CONCERT 748 MISCELLANEOUS G&A 483 TOTAL 20,946
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 3,870 2,830 TOTAL 3,870 2,830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,078 2,469 DEFERRED REVENUE 500 500 LOANS FROM OFFICERS 5,000 5,000 MORTGAGE AND OTHER NOTES PAYABLE 17,110 13,894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE RIVER CITIES SYMPHONY ORCHESTRA IS TO PROVIDE THE MID-OHIO VALLEY REGION WITH HIGH QUALITY ORCHESTRAL AND CHAMBER MUSIC CONCERTS TO THE GENERAL PUBLIC, AND EDUCATIONAL CONCERTS IN AREA SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RIVER CITIES SYMPHONY ORCHESTRA PRESENTED THREE ORCHESTRAL PROGRAMS TO THE GENERAL PUBLIC AND THREE EDUCATIONAL CONCERTS TO ALL STUDENT AUDIENCES IN AREA SCHOOLS. THE PROGRAMS TO THE GENERAL PUBLIC HAD A TOTAL AUDIENCE OF ABOUT 800, WHILE THE STUDENT CONCERTS AUDIENCES NUMBERED ABOUT 1,300.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MAC LICHTERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVER CITIES SYMPHONY ORCHESTRA INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0311557986
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 477
ReturnHeader/Filer/USAddress/CityNm0PARKERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd026101
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARKERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd026105
ReturnHeader/PreparerPersonGrp/PhoneNum03044289711
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID B TENNEY CPA
ReturnHeader/ReturnTs02017-09-15T15:47:34-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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