Civic Intelligence

River Cities Symphony Orchestra Inc

990EZ • Fiscal year 2018 • EIN 31-1557986

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 08, 2018

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

100th percentile

66.40x

Higher debt load relative to assets than 100% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

0.46x

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

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

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

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

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.

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

Asset Growth

3rd percentile

-91%

Faster asset growth than 3% of similar nonprofits.

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

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

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

Assets

Down

$430

Down $4,369 (-91%) from 2017

Net Assets

Down

-$28,123

Down $11,059 (-65%) from 2017

Liabilities

Up

$28,553

Up $6,690 (+31%) from 2017

Revenue

Down

$61,767

Down $9,969 (-14%) from 2017

Expenses

Up

$72,826

Up $6,803 (+10%) from 2017

Net Income

Down

-$11,059

Down $16,772 (-294%) from 2017

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

2018

Assets$430
Liabilities$28,553
Net Assets-$28,123

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

2018

Revenue$61,767
Expenses$72,826
Net Income-$11,059
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$61,767
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 TWO 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 1050.-$72,826
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAC LICHTERMANPresidentPT$0--
SARAH JALBERTSecretary-$0--
GENE BARRYTreasurer-$0--
CHARLES KURNERDirector-$0--
GEOFFREY COWARDDirector-$0--
PENNY PETTIGREWDirector-$0--
ALAN CAMPBELLDirector-$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
2018-11-08

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 2,104 interest expense 665 insurance 549 lodging - musicians 5,511 hall rental 7,025 box office 2,169 music & library service 1,677 license fees 349 recording expense 500 concert receptions 750 educ. - student busing 115 miscellaneous concert 776 miscellaneous g&a 405 total 22,595

Form 990-ez, Part II, Line 24

Accounts receivable 2,830 430 total 2,830 430

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,469 4,509 deferred revenue 500 1,000 bank overdraft 0 22 loans from officers 5,000 6,500 mortgage and other notes payable 13,894 16,522

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 two 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 1050.

Raw XML Appendix194 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 2,104 INTEREST EXPENSE 665 INSURANCE 549 LODGING - MUSICIANS 5,511 HALL RENTAL 7,025 BOX OFFICE 2,169 MUSIC & LIBRARY SERVICE 1,677 LICENSE FEES 349 RECORDING EXPENSE 500 CONCERT RECEPTIONS 750 EDUC. - STUDENT BUSING 115 MISCELLANEOUS CONCERT 776 MISCELLANEOUS G&A 405 TOTAL 22,595
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 2,830 430 TOTAL 2,830 430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,469 4,509 DEFERRED REVENUE 500 1,000 BANK OVERDRAFT 0 22 LOANS FROM OFFICERS 5,000 6,500 MORTGAGE AND OTHER NOTES PAYABLE 13,894 16,522
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 TWO 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 1050.
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MAC LICHTERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
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/FilingSecurityInformation/IPTm006:53:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311624928
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TENNEY & ASSOCIATES LLC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01101 ROSEMAR ROAD SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARKERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd026105
ReturnHeader/PreparerPersonGrp/PhoneNum03044289711
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID B TENNEY CPA
ReturnHeader/ReturnTs02018-11-13T07:53:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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