Civic Intelligence

Pacific Arts Movement

990 • Fiscal year 2016 • EIN 33-1001523

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

2508 Historic Decatur Road No 140San Diego, CA 92106

(619) 400-5911

Siviq Scores

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

Liabilities / Assets

55th percentile

0.06x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.06x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

15th percentile

-11%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-25%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$590,878

Down $71,974 (-11%) from 2015

Net Assets

Down

$555,918

Down $98,763 (-15%) from 2015

Liabilities

Up

$34,960

Up $26,789 (+328%) from 2015

Revenue

Down

$620,816

Down $202,977 (-25%) from 2015

Expenses

Up

$719,579

Up $6,555 (+0.9%) from 2015

Net Income

Down

-$98,763

Down $209,532 (-189%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $488,917Liabilities 2012: $86,586Net Assets 2012: $402,3312012Assets 2014: $576,850Liabilities 2014: $32,938Net Assets 2014: $543,9122014Assets 2015: $662,852Liabilities 2015: $8,171Net Assets 2015: $654,6812015Assets 2016: $590,878Liabilities 2016: $34,960Net Assets 2016: $555,9182016Assets 2017: $557,961Liabilities 2017: $21,308Net Assets 2017: $536,6532017Assets 2018: $487,027Liabilities 2018: $15,490Net Assets 2018: $471,5372018Assets 2019: $310,504Liabilities 2019: $78,474Net Assets 2019: $232,0302019Assets 2020: $333,105Liabilities 2020: $34,178Net Assets 2020: $298,9272020Assets 2022: $375,200Liabilities 2022: $210,188Net Assets 2022: $165,0122022Assets 2024: $631,791Liabilities 2024: $269,402Net Assets 2024: $362,3892024

Highlighted filing

2016

Assets$590,878
Liabilities$34,960
Net Assets$555,918

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $770,0622012Revenue 2014: $846,082Expenses 2014: $809,068Net Income 2014: $37,0142014Revenue 2015: $823,793Expenses 2015: $713,024Net Income 2015: $110,7692015Revenue 2016: $620,816Expenses 2016: $719,579Net Income 2016: -$98,7632016Revenue 2017: $670,924Expenses 2017: $809,418Net Income 2017: -$138,4942017Revenue 2018: $859,683Expenses 2018: $922,861Net Income 2018: -$63,1782018Revenue 2019: $771,885Expenses 2019: $1,011,392Net Income 2019: -$239,5072019Revenue 2020: $751,641Expenses 2020: $684,744Net Income 2020: $66,8972020Revenue 2022: $802,391Expenses 2022: $956,043Net Income 2022: -$153,6522022Revenue 2024: $1,473,054Expenses 2024: $1,463,614Net Income 2024: $9,4402024

Highlighted filing

2016

Revenue$620,816
Expenses$719,579
Net Income-$98,763
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$704,566
Mission and Program Overview

Mission

Our mission is to connect audiences with the human experience through the pan asian media arts.

Our mission is to connect audiences with the human experience through the pan asian media arts. We fulfill our mission by presenting unique culturally based programs that are otherwise inaccessible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$331,848$408,902▲ $77,054
Savings and Temporary Cash Investments$213,224$99,134▼ $114,090
Investments in Publicly Traded Securities$29,992$44,369▲ $14,377
Accounts Receivable$78,904$31,110▼ $47,794
Prepaid Expenses and Deferred Charges$1,777$1,939▲ $162
Land, Buildings, and Equipment, Net$2,595$912▼ $1,683
Total Assets$662,852$590,878▼ $71,974
Other Assets Total$4,512$4,512→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,171$29,612▲ $21,441
Other Liabilities$0$5,348▲ $5,348
Total Liabilities$8,171$34,960▲ $26,789
Net Assets / Fund Balance
Unrestricted Net Assets$647,181$555,918▼ $91,263
Temporarily Rstr Net Assets$7,500$0▼ $7,500
Total Net Assets Fund Balance$654,681$555,918▼ $98,763
Total Liabilities and Net Assets / Fund Balance$662,852$590,878▼ $71,974

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$912$69,028$69,940
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kent LeeExecutive DirectorFT$38,000$38,000

Board Members and Trustees

NameTitle
Stephen ChinChairman
Debora HallVice Chair
Brian SunDirector
Gary WongDirector
Huy LyDirector
Kathy IlacquaDirector
Kevin KwonDirector
Lea FreemanDirector
Leon WuDirector
Miranda KoDirector
Mitchell ReffDirector
Steve LukasDirector
Wendy GillespieDirector
Paul BergmanSecretary
Harlen BayhaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$294,563
Program Service Revenue
$319,197
Investment Income
$1,286
Other Revenue
$5,770
All Other Contributions
$151,174
Change in Net Assets
$-98,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$620,816
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$83,751
Total Revenue per Audited Statements
$704,567
Total Revenue per Form 990
$620,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,034
Salaries, Compensation, and Employee Benefits$288,545
Total Fundraising Expense$82,578
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$178,059$29,810$45,951$253,820
Fees for Services Other$80,964$13,028$5,250$99,242
All Other Expenses$64,453$25,146$7,687$97,286
Occupancy$37,076$7,712$2,318$47,106
Other Expenses$19,112$1,836$377$21,325
Fees for Services Legal-$20,947-$20,947
Office Expenses$8,462$11,593$3$20,058
Payroll Taxes$12,027$3,104$4,268$19,399
Travel$11,663$897$6,724$19,284
Other Employee Benefits-$15,326-$15,326
Fees for Services Accounting-$11,421-$11,421
Insurance-$7,240-$7,240
Information Technology$205$4,146-$4,351
Depreciation Depletion-$1,685-$1,685
Advertising$445$698-$1,143
Total Functional Expenses$482,352$154,649$82,578$719,579

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$803,330
Expenses per Audited Statements$719,579
Total Expenses per Form 990$719,579
Expenses Not Reported on Form 990$83,751
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$83,750
Fundraising Gross Income$76,879
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$76,879$76,879$18,977$57,902
Total Events$76,879$76,879$83,750$-6,871
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages and Payroll Taxes$4,265
Accrued Rent$1,083
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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, Section A, Line 6

The organization has members who pay membership fees and in return receive participation privileges.

Form 990, Part VI, Section B, Line 11B

All board members are advised that this information return has been prepared and is available for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are asked annually at the board meeting re: conflicts of interest and at the yearly retreat.

Form 990, Part VI, Section B, Line 15A

The board of directors forms an executive committee on a yearly basis to advise the board of the ceo's compensation.

Form 990, Part VI, Section C, Line 19

All governing documents are available to the public upon request and are available for inspection during normal working hours.

Filing and Contact Details

Filer

Filer Name
Pacific Arts Movement
EIN
33-1001523
Phone
6194005911
Address
2508 HISTORIC DECATUR ROAD NO 140, SAN DIEGO, CA 92106

Signing Officer

Name
Kent Lee
Title
Executive Director
Phone
6194005911
Signed
2017-11-13

Organization Details

Principal Officer
Kent Lee
Formed
2002
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
14
Employees
10
Volunteers
300

Preparer

Firm
Roger S Gordon & Co CPA
Address
1679 E MAIN ST STE 105, EL CAJON, CA 92021
Preparer
Roger S Gordon
Phone
6195171488
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Artist fees: program service expenses 4000. Management and general expenses 0. Fundraising expenses 0. Total expenses 4000. Consultants/contractors: program service expenses 76964. Management and general expenses 13028. Fundraising expenses 5250. Total expenses 95242.

Form 990, Part IX, Line 24E

Marketing: program service expenses 15795. Management and general expenses 300. Fundraising expenses 0. Total expenses 16095. Event facility rent: program service expenses 12060. Management and general expenses 0. Fundraising expenses 0. Total expenses 12060. Awards & recognition: program service expenses 9714. Management and general expenses 1500. Fundraising expenses 0. Total expenses 11214. Event food & beverage: program service expenses 10024. Management and general expenses 26. Fundraising expenses 347. Total expenses 10397. Bad debt expense: program service expenses 0. Management and general expenses 10000. Fundraising expenses 0. Total expenses 10000. Instructors: program service expenses 8500. Management and general expenses 0. Fundraising expenses 0. Total expenses 8500. Meals entertainment & meetings: program service expenses 283. Management and general expenses 3257. Fundraising expenses 3770. Total expenses 7310. Dues & subscriptions: program service expenses 10. Management and general expenses 6214. Fundraising expenses 0. Total expenses 6224. Graphics designers: program service expenses 4500. Management and general expenses 0. Fundraising expenses 0. Total expenses 4500. Bank charges: program service expenses 2525. Management and general expenses 427. Fundraising expenses 0. Total expenses 2952. Grant writers: program service expenses 0. Management and general expenses 0. Fundraising expenses 2480. Total expenses 2480. Other expenses: program service expenses 531. Management and general expenses 1254. Fundraising expenses 573. Total expenses 2358. Licenses, permits, and taxes: program service expenses 0. Management and general expenses 1899. Fundraising expenses 0. Total expenses 1899. Staff development: program service expenses 511. Management and general expenses 268. Fundraising expenses 518. Total expenses 1297.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fund raising expenses 83751.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fund raising expenses 83751.

Raw XML AppendixShowing 400 of 552 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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