Civic Intelligence

Akron Area Arts Alliance

990EZ • Fiscal year 2012 • EIN 34-1841587

Jul 01, 2011 to Jun 30, 2012 • Filed on Jan 11, 2013

140 East Market Street44308-2014
Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

31st percentile

-5.4%

Higher net margin than 31% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

43rd percentile

-1.4%

Faster asset growth than 43% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Assets

Down

$343,185

Down $4,904 (-1.4%) from 2011

Net Assets

Down

$340,193

Down $7,818 (-2.2%) from 2011

Liabilities

Up

$2,992

Up $2,914 (+3736%) from 2011

Revenue

$145,520

No earlier filing loaded for comparison.

Expenses

Down

$153,338

Down $12,857 (-7.7%) from 2011

Net Income

-$7,818

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.

$600K$400K$200K$0Assets 2011: $348,089Liabilities 2011: $78Net Assets 2011: $348,0112011Assets 2012: $343,185Liabilities 2012: $2,992Net Assets 2012: $340,1932012Assets 2013: $344,177Liabilities 2013: $3,022Net Assets 2013: $341,1552013Assets 2014: $366,223Liabilities 2014: $6,808Net Assets 2014: $359,4152014Assets 2015: $283,994Liabilities 2015: $6,761Net Assets 2015: $277,2332015Assets 2016: $229,134Liabilities 2016: $10,172Net Assets 2016: $218,9622016Assets 2017: $251,579Liabilities 2017: $47,489Net Assets 2017: $204,0902017Assets 2018: $279,774Liabilities 2018: $54,138Net Assets 2018: $225,6362018Assets 2020: $260,576Liabilities 2020: $80,568Net Assets 2020: $180,0082020Assets 2021: $272,915Liabilities 2021: $51,930Net Assets 2021: $220,9852021Assets 2022: $253,899Liabilities 2022: $41,226Net Assets 2022: $212,6732022Assets 2023: $327,392Liabilities 2023: $66,791Net Assets 2023: $260,6012023Assets 2024: $524,534Liabilities 2024: $53,777Net Assets 2024: $470,7572024

Highlighted filing

2012

Assets$343,185
Liabilities$2,992
Net Assets$340,193

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $166,1952011Revenue 2012: $145,520Expenses 2012: $153,338Net Income 2012: -$7,8182012Expenses 2013: $123,8372013Revenue 2014: $169,875Expenses 2014: $151,615Net Income 2014: $18,2602014Revenue 2015: $135,586Expenses 2015: $217,768Net Income 2015: -$82,1822015Revenue 2016: $156,520Expenses 2016: $214,791Net Income 2016: -$58,2712016Revenue 2017: $185,211Expenses 2017: $200,186Net Income 2017: -$14,9752017Revenue 2018: $217,575Expenses 2018: $196,029Net Income 2018: $21,5462018Revenue 2020: $165,379Expenses 2020: $201,877Net Income 2020: -$36,4982020Revenue 2021: $242,438Expenses 2021: $203,297Net Income 2021: $39,1412021Revenue 2022: $347,579Expenses 2022: $354,852Net Income 2022: -$7,2732022Revenue 2023: $359,966Expenses 2023: $317,700Net Income 2023: $42,2662023Revenue 2024: $823,130Expenses 2024: $609,403Net Income 2024: $213,7272024

Highlighted filing

2012

Revenue$145,520
Expenses$153,338
Net Income-$7,818
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jan 11, 2013
Return Version
2011v1.2
Mission and Program Overview

Mission

Summit artspace connects artists and artist-serving organizations to the community and to the resources they need to thrive professionally, creatively and financially. It's core values of creativity, collaboration and community guide the current strategic plan, which focuses on six key priority areas: 1) supporting artists at all levels of their creative journey, 2) encouraging participation in the arts through education and outreach, 3) serving as a vital creative resource for the community, 4) increasing awareness and visibility throughout the community, 5) building financial sustainability through revenue growth and 6) diversifying artists we serve. Additionally, summit artspace seeks to build public awareness concerning the value of arts and culture to our area's economy, quality of life and sense of place for those that live, work or go to school in the five-county service area of summit, portage, medina, cuyahoga, and stark counties.

Filing and Contact Details

Filer

EIN
34-1841587
Raw XML Appendix292 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/OfficerDirectorTrusteeKeyEmpl/PersonName4JOHN HEDGES
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6BRENDA CUMMINS
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName8LEIANNE NEFF HEPPNER
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName11JOAN COLBERT
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1VICE PRESIDENT PROGRAMS CHAIR
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title8MEMBERSHIP
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title9NOMINATING ORCHESTRA
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IRS990EZ/PrimaryExemptPurpose0THE MISSION OF THE AKRON AREA ARTS ALLIANCE IS TO PROMOTE THE VALUE OF A STRONG, DIVERSE, AND VIBRANT ARTS AND CULTURE COMMUNITY FOR GREATER AKRON.
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IRS990ScheduleO/GeneralExplanation/Explanation1DESCRIPTION: ADVERTISING & PUBLICITY. AMOUNT: 6,556. DESCRIPTION: MEMBERSHIP DUES. AMOUNT: 30. DESCRIPTION: BANK CHARGES. AMOUNT: 494. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 1,806. DESCRIPTION: CONFERENCE & SEMINAR EXPENSE. AMOUNT: 397. DESCRIPTION: INSURANCE. AMOUNT: 2,305. DESCRIPTION: MISCELLANEOUS. AMOUNT: 767. DESCRIPTION: SUPPLIES. AMOUNT: 2,550. DESCRIPTION: TELEPHONE. AMOUNT: 2,755. DESCRIPTION: WEBSITE. AMOUNT: 7,594. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 35. DESCRIPTION: COPIER RENTAL. AMOUNT: 2,318. DESCRIPTION: VOLUNTEER/ADVOCACY. AMOUNT: 349. DESCRIPTION: HONORARIUMS. AMOUNT: 50. DESCRIPTION: PRIZE AWARDS. AMOUNT: 1,000. DESCRIPTION: OPENING RECEPTION EXPENSE. AMOUNT: 820. DESCRIPTION: GALLERY SALES - ARTIST PERCENTAGE. AMOUNT: 3,689. DESCRIPTION: GALLERY OPENING EXPENSES. AMOUNT: 151. DESCRIPTION: SECURITY DEPOSIT REFUND. AMOUNT: 203. DESCRIPTION: ARTCETERA EVENTS. AMOUNT: 350. DESCRIPTION: ARTCETERA EXPENSES - OTHER. AMOUNT: 140. TOTAL TO FORM 990-EZ, LINE 16: 34,359.
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TransferPrsnlBnftContractsDecl/Declaration0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/Filer/USAddress/City0AKRON
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode0443082014
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-01-11
ReturnHeader/Officer/Name0MARGO SNIDER
ReturnHeader/Officer/Phone03303768480
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/PreparerFirm/EIN0341082617
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10APPLE GROWTH PARTNERS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101540 WEST MARKET ST
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0AKRON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0OH
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode044313
ReturnHeader/Preparer/Name0SUSAN J PEIRCE CPA MT
ReturnHeader/Preparer/Phone03308677350
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-02-07T13:12:14-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.25$0.54$4.71$8.23$6.09$2.14
2023Detailed filing. Detailed filing data is available for this year.$3.27$0.67$2.61$3.60$3.18$0.42
2022Detailed filing. Detailed filing data is available for this year.$2.54$0.41$2.13$3.48$3.55$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.73$0.52$2.21$2.42$2.03$0.39
2020Detailed filing. Detailed filing data is available for this year.$2.61$0.81$1.80$1.65$2.02$0.36
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.54$2.26$2.18$1.96$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.52$0.47$2.04$1.85$2.00$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.29$0.10$2.19$1.57$2.15$0.58
2015Detailed filing. Detailed filing data is available for this year.$2.84$0.07$2.77$1.36$2.18$0.82
2014Detailed filing. Detailed filing data is available for this year.$3.66$0.07$3.59$1.70$1.52$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.03$3.41$1.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.03$3.40$1.46$1.53$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.00$3.48$1.66