Civic Intelligence

Heights Arts Collaborative Inc.

990 • Fiscal year 2016 • EIN 34-1962652

Sep 01, 2015 to Aug 31, 2016 • Filed on Dec 20, 2016

2175 Lee RoadCleveland Heights, OH 44118

(216) 371-3457

Siviq Scores

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

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

58th percentile

6.7%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

91st percentile

$45,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

55th percentile

4.3%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$172,736

Up $7,049 (+4.3%) from 2015

Net Assets

Up

$152,046

Up $25,139 (+20%) from 2015

Liabilities

Down

$20,690

Down $18,090 (-47%) from 2015

Revenue

Up

$372,495

Up $74,871 (+25%) from 2015

Expenses

Up

$347,356

Up $40,438 (+13%) from 2015

Net Income

Up

$25,139

Up $34,433 (+370%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $106,941Liabilities 2012: $9,777Net Assets 2012: $97,1642012Assets 2015: $165,687Liabilities 2015: $38,780Net Assets 2015: $126,9072015Assets 2016: $172,736Liabilities 2016: $20,690Net Assets 2016: $152,0462016Assets 2017: $174,939Liabilities 2017: $26,861Net Assets 2017: $148,0782017Assets 2018: $184,172Liabilities 2018: $29,782Net Assets 2018: $154,3902018Assets 2019: $170,391Liabilities 2019: $38,226Net Assets 2019: $132,1652019Assets 2020: $161,196Liabilities 2020: $42,579Net Assets 2020: $118,6172020Assets 2021: $266,439Liabilities 2021: $63,013Net Assets 2021: $203,4262021Assets 2022: $210,010Liabilities 2022: $16,218Net Assets 2022: $193,7922022Assets 2023: $222,669Liabilities 2023: $27,364Net Assets 2023: $195,3052023Assets 2024: $308,172Liabilities 2024: $77,759Net Assets 2024: $230,4132024Assets 2025: $413,969Liabilities 2025: $37,665Net Assets 2025: $376,3042025

Highlighted filing

2016

Assets$172,736
Liabilities$20,690
Net Assets$152,046

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $244,5692012Revenue 2015: $297,624Expenses 2015: $306,918Net Income 2015: -$9,2942015Revenue 2016: $372,495Expenses 2016: $347,356Net Income 2016: $25,1392016Revenue 2017: $363,700Expenses 2017: $367,668Net Income 2017: -$3,9682017Revenue 2018: $439,436Expenses 2018: $433,124Net Income 2018: $6,3122018Revenue 2019: $393,033Expenses 2019: $415,258Net Income 2019: -$22,2252019Revenue 2020: $360,074Expenses 2020: $373,622Net Income 2020: -$13,5482020Revenue 2021: $459,393Expenses 2021: $374,584Net Income 2021: $84,8092021Revenue 2022: $378,570Expenses 2022: $388,204Net Income 2022: -$9,6342022Revenue 2023: $423,894Expenses 2023: $422,381Net Income 2023: $1,5132023Revenue 2024: $528,073Expenses 2024: $492,965Net Income 2024: $35,1082024Revenue 2025: $653,411Expenses 2025: $507,520Net Income 2025: $145,8912025

Highlighted filing

2016

Revenue$372,495
Expenses$347,356
Net Income$25,139
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Dec 20, 2016
Return Version
2015v3.0
Gross Receipts
$372,495
Mission and Program Overview

Mission

To celebrate the region's literary, musical and visual artists and share their contributions with the community.

To cultivate a strong, diverse, and collaborative arts community by inspiring people of all ages to engage in the arts and fostering public appreciation for the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$112,786$102,777▼ $10,009
Cash and Non-Interest-Bearing Accounts$15,743$40,909▲ $25,166
Pledges and Grants Receivable$25,964$19,380▼ $6,584
Savings and Temporary Cash Investments$5,973$4,534▼ $1,439
Inventories for Sale or Use$1,879$1,786▼ $93
Prepaid Expenses and Deferred Charges$342$350▲ $8
Total Assets$165,687$172,736▲ $7,049
Other Assets Total$3,000$3,000→ $0
Liabilities
Deferred Revenue$10,247$15,247▲ $5,000
Unsecured Notes Loans Payable$14,790--
Accounts Payable and Accrued Expenses$13,743$5,443▼ $8,300
Total Liabilities$38,780$20,690▼ $18,090
Net Assets / Fund Balance
Unrestricted Net Assets$116,907$126,046▲ $9,139
Temporarily Rstr Net Assets$10,000$26,000▲ $16,000
Total Net Assets Fund Balance$126,907$152,046▲ $25,139
Total Liabilities and Net Assets / Fund Balance$165,687$172,736▲ $7,049

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,287$17,821-
Leasehold Improvements$95,490$35,118-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rachel BernsteinExecutive DiFT$45,000$45,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$207,487
Program Service Revenue
$165,008
Investment Income
$0
Other Revenue
$0
All Other Contributions
$207,487
Change in Net Assets
$25,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,912
Salaries, Compensation, and Employee Benefits$134,444
Total Fundraising Expense$9,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,579$16,608$5,536$110,723
Occupancy$42,522$8,360-$50,882
Office Expenses$15,234$6,596$2,505$24,335
Other Employee Benefits$11,761$2,205$735$14,701
Depreciation Depletion$9,509$500-$10,009
Payroll Taxes$7,216$1,353$451$9,020
Fees for Service Investment Mgmnt Fees$5,625$1,406-$7,031
Advertising$6,322--$6,322
Fees for Services Accounting-$5,000-$5,000
Information Technology$2,304$576-$2,880
Fees for Services Other$1,639$307$102$2,048
Insurance$1,393$246-$1,639
Other Expenses$691$299-$691
Travel$203$68-$271
Total Functional Expenses$294,503$43,524$9,329$347,356
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 11B

Although the organization does not provide a copy of the form 990 to all members of its board before filing the return, a draft of the form 990 is reviewed and approved by the treasurer of the board and the executive director of the organization prior to filing.

Form 990, Page 6, Part VI, Line 19

All documents are available upon a request made to the executive director of the organization.

Filing and Contact Details

Filer

Filer Name
Heights Arts Collaborative Inc
EIN
34-1962652
Phone
2163713457
Address
2175 LEE ROAD, CLEVELAND HEIGHTS, OH 44118

Signing Officer

Name
Rachel Bernstein
Title
Executive Director
Phone
2163713457
Signed
2016-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Bernstein
Formed
2000
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
100

Preparer

Firm
Tramer Shore & Zwick Cpas
Address
23775 COMMERCE PARK RD STE 1, CLEVELAND, OH 44122-5836
Preparer
Neil M Tramer
Phone
2167658110
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0342
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0350
IRS990/PrincipalOfficerNm0RACHEL BERNSTEIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0GALLERY SALES
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM/SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0144657
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt119210
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0144657
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt119210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21141
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0178357
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0176310
IRS990/PYProgramServiceRevenueAmt0119267
IRS990/PYRevenuesLessExpensesAmt0-9294
IRS990/PYSalariesCompEmpBnftPaidAmt0130608
IRS990/PYTotalExpensesAmt0306918
IRS990/PYTotalRevenueAmt0297624
IRS990/ReconcilationRevenueExpnssAmt025139
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05973
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04534
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt06,601
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0207487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0178357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0214300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0112455
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0114549
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0827148
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0163867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0117945
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0123386
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0120020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0143126
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0668344
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01141
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01322
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02398
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01740
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06601
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99560
IRS990ScheduleA/PublicSupportPY509Pct00.99680
IRS990ScheduleA/PublicSupportTotal509Amt01495492
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0371354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0296302
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0337686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0232475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0257675
IRS990ScheduleA/Total509Grp/TotalAmt01495492
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0372495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0297624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0340084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0232475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0259415
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01502093
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt07287
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017821
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt025108
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt095490
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035118
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0130608
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0102777
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALTHOUGH THE ORGANIZATION DOES NOT PROVIDE A COPY OF THE FORM 990 TO ALL MEMBERS OF ITS BOARD BEFORE FILING THE RETURN, A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE TREASURER OF THE BOARD AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE UPON A REQUEST MADE TO THE EXECUTIVE DIRECTOR OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt010000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt026000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0165687
IRS990/TotalAssetsEOYAmt0172736
IRS990/TotalAssetsGrp/BOYAmt0165687
IRS990/TotalAssetsGrp/EOYAmt0172736
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0207487
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09329
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043524
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0294503
IRS990/TotalFunctionalExpensesGrp/TotalAmt0347356
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038780
IRS990/TotalLiabilitiesEOYAmt020690
IRS990/TotalLiabilitiesGrp/BOYAmt038780
IRS990/TotalLiabilitiesGrp/EOYAmt020690
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126907
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0152046
IRS990/TotalProgramServiceExpensesAmt0294503
IRS990/TotalProgramServiceRevenueAmt0165008
IRS990/TotalReportableCompFromOrgAmt045000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0165008
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0372495
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0165687
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0172736
IRS990/TravelGrp/ManagementAndGeneralAmt068
IRS990/TravelGrp/ProgramServicesAmt0203
IRS990/TravelGrp/TotalAmt0271
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0116907
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0126046
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt014790

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.14$0.38$3.76$6.53$5.08$1.46
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.78$2.30$5.28$4.93$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.27$1.95$4.24$4.22$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.16$1.94$3.79$3.88$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.63$2.03$4.59$3.75$0.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.43$1.19$3.60$3.74$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.38$1.32$3.93$4.15$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.30$1.54$4.39$4.33$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.27$1.48$3.64$3.68$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.21$1.52$3.72$3.47$0.25
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.39$1.27$2.98$3.07$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.10$0.97$2.45