Civic Intelligence

Heights Arts Collaborative Inc.

990 • Fiscal year 2024 • EIN 34-1962652

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 15, 2024

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

0.25x

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.15x

Higher debt load relative to revenue than 74% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

54th percentile

6.6%

Higher net margin than 54% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$57,858

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

85th percentile

38%

Faster asset growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

25%

Faster revenue growth than 69% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$308,172

Up $85,503 (+38%) from 2023

Net Assets

Up

$230,413

Up $35,108 (+18%) from 2023

Liabilities

Up

$77,759

Up $50,395 (+184%) from 2023

Revenue

Up

$528,073

Up $104,179 (+25%) from 2023

Expenses

Up

$492,965

Up $70,584 (+17%) from 2023

Net Income

Up

$35,108

Up $33,595 (+2220%) from 2023

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

2024

Assets$308,172
Liabilities$77,759
Net Assets$230,413

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

2024

Revenue$528,073
Expenses$492,965
Net Income$35,108
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 15, 2024
Return Version
2023v6.0
Gross Receipts
$528,073
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$33,713$113,338▲ $79,625
Land, Buildings, and Equipment, Net$85,751$80,823▼ $4,928
Accounts Receivable$1,388$24,439▲ $23,051
Cash and Non-Interest-Bearing Accounts$93,964$6,448▼ $87,516
Inventories for Sale or Use$4,853$5,253▲ $400
Total Assets$222,669$308,172▲ $85,503
Other Assets Total$3,000$77,871▲ $74,871
Liabilities
Other Liabilities-$71,421-
Accounts Payable and Accrued Expenses$8,297$5,703▼ $2,594
Deferred Revenue$19,067$635▼ $18,432
Total Liabilities$27,364$77,759▲ $50,395
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$195,305$230,413▲ $35,108
Total Net Assets Fund Balance$195,305$230,413▲ $35,108
Total Liabilities and Net Assets / Fund Balance$222,669$308,172▲ $85,503

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,054$42,474-
Leasehold Improvements$48,769$102,933-
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rachel BernsteinExecutive DiFT$57,858$57,858

Board Members and Trustees

NameTitle
Steve PresserPresident
Bob SferraTrustee
Brad OrtmanTrustee
Ellen EoffTrustee
KARA HAMLEY O' DONNELLTrustee
Lisa GoldmanTrustee
Lynn IamsTrustee
Mark LitzlerTrustee
Ioana MissitsSecretary
William StigelmanTreasurer
Lisa SmithVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$376,981
Program Service Revenue
$151,092
Investment Income
$0
Other Revenue
$0
All Other Contributions
$376,981
Change in Net Assets
$35,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$282,199
Salaries, Compensation, and Employee Benefits$210,766
Total Fundraising Expense$14,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$149,828$28,093$9,364$187,285
Occupancy$57,116$11,823-$68,939
Office Expenses$19,375$6,807$4,213$30,395
Fees for Services Other$22,221$1,255-$23,476
Fees for Services Accounting$15,639$2,306$73$18,018
Depreciation Depletion$15,339$807-$16,146
Payroll Taxes$12,864$2,412$804$16,080
Information Technology$7,488$1,872-$9,360
Advertising$6,212--$6,212
Other Employee Benefits$3,804$713$238$4,755
Insurance$3,703$654-$4,357
Pension Plan Contributions$2,117$397$132$2,646
Other Expenses$105,127$169-$169
Total Functional Expenses$420,833$57,308$14,824$492,965
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease (net)$35,987
Lease (liability)$35,434
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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

The form 990 is reviewed by the finance committee with the executive director and approved prior to the 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
2024-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Bernstein
Formed
2000
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
13
Volunteers
26

Preparer

Firm
Tramer & Bolbach Inc
Address
23775 COMMERCE PARK RD STE 1, CLEVELAND, OH 44122-5836
Preparer
Neil M Tramer
Phone
2167658110
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The organization utilizes a number of volunteers to staff their events as well as their gallery shop.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140664
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219067
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219067
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IRS990/PYContributionsGrantsAmt0296169
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0262700
IRS990/PYProgramServiceRevenueAmt0127725
IRS990/PYRevenuesLessExpensesAmt01513
IRS990/PYSalariesCompEmpBnftPaidAmt0159681
IRS990/PYTotalExpensesAmt0422381
IRS990/PYTotalRevenueAmt0423894
IRS990/ReconcilationRevenueExpnssAmt035108
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt033713
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113338
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0296169
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0253505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0213571
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0256066
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01396292
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0151092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0127725
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0125065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0245822
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0104008
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0753712
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0528073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0423894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0378570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0459393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0360074
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0459393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0360074
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02150004
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt032054
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042474
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt074528
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048769
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0102933
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0151702
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt074871
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE (ASSET)
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt135434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE (NET)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE (LIABILITY)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt080823
IRS990ScheduleD/TotalBookValueOtherAssetsAmt077871
IRS990ScheduleD/TotalLiabilityAmt071421
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION UTILIZES A NUMBER OF VOLUNTEERS TO STAFF THEIR EVENTS AS WELL AS THEIR GALLERY SHOP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WITH THE EXECUTIVE DIRECTOR AND APPROVED PRIOR TO THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE UPON A REQUEST MADE TO THE EXECUTIVE DIRECTOR OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0222669
IRS990/TotalAssetsEOYAmt0308172
IRS990/TotalAssetsGrp/BOYAmt0222669
IRS990/TotalAssetsGrp/EOYAmt0308172
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0376981
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014824
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057308
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0420833
IRS990/TotalFunctionalExpensesGrp/TotalAmt0492965
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027364
IRS990/TotalLiabilitiesEOYAmt077759
IRS990/TotalLiabilitiesGrp/BOYAmt027364
IRS990/TotalLiabilitiesGrp/EOYAmt077759
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0195305
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0230413
IRS990/TotalProgramServiceExpensesAmt0420833
IRS990/TotalProgramServiceRevenueAmt0151092
IRS990/TotalReportableCompFromOrgAmt057858
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0151092
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0528073
IRS990/TotalVolunteersCnt026
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0222669
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0308172
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02175 LEE ROAD
IRS990/USAddress/CityNm0CLEVELAND HEIGHTS
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044118
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.HEIGHTSARTS.ORG
IRS990/WhistleblowerPolicyInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2024Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

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