Civic Intelligence

Prairie Arts Council Inc

EIN 35-1884267 • 501(c)3 • Rensselaer, IN

Profile

Enhance local artistic culture

301 N Van RensselaerRensselaer, IN 47978

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

2.2%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

56th percentile

0.4%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

29%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$86,334

Up $330 (+0.4%) from 2023

Liabilities

Down

$328

Down $169 (-34%) from 2023

Net Assets

Up

$86,006

Up $499 (+0.6%) from 2023

Revenue

Up

$22,802

Up $5,108 (+29%) from 2023

Expenses

Down

$22,303

Down $4,482 (-17%) from 2023

Net Income

Up

$499

Up $9,590 (+105%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $30,148Liabilities 2010: $8,381Net Assets 2010: $21,7672010Assets 2013: $37,548Liabilities 2013: $7,087Net Assets 2013: $30,4612013Assets 2014: $39,530Liabilities 2014: $6,941Net Assets 2014: $32,5892014Assets 2015: $50,665Liabilities 2015: $5,421Net Assets 2015: $45,2442015Assets 2016: $60,395Net Assets 2016: $60,3952016Assets 2017: $62,430Net Assets 2017: $62,4302017Assets 2018: $73,887Net Assets 2018: $73,8872018Assets 2019: $69,620Net Assets 2019: $69,6202019Assets 2020: $74,239Net Assets 2020: $74,2392020Assets 2021: $84,480Net Assets 2021: $84,4802021Assets 2022: $94,598Net Assets 2022: $94,5982022Assets 2023: $86,004Liabilities 2023: $497Net Assets 2023: $85,5072023Assets 2024: $86,334Liabilities 2024: $328Net Assets 2024: $86,0062024

Highlighted filing

2024

Assets$86,334
Liabilities$328
Net Assets$86,006

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$30K$20K$10K$0-$10KRevenue 2010: $21,322Expenses 2010: $19,625Net Income 2010: $1,6972010Revenue 2013: $16,472Expenses 2013: $16,267Net Income 2013: $2052013Revenue 2014: $18,974Expenses 2014: $16,845Net Income 2014: $2,1292014Revenue 2015: $24,981Expenses 2015: $12,326Net Income 2015: $12,6552015Revenue 2016: $26,918Expenses 2016: $11,766Net Income 2016: $15,1522016Revenue 2017: $15,697Expenses 2017: $13,661Net Income 2017: $2,0362017Revenue 2018: $25,058Expenses 2018: $13,600Net Income 2018: $11,4582018Revenue 2019: $10,166Expenses 2019: $14,431Net Income 2019: -$4,2652019Revenue 2020: $19,284Expenses 2020: $14,663Net Income 2020: $4,6212020Revenue 2021: $30,880Expenses 2021: $20,639Net Income 2021: $10,2412021Revenue 2022: $29,422Expenses 2022: $19,304Net Income 2022: $10,1182022Revenue 2023: $17,694Expenses 2023: $26,785Net Income 2023: -$9,0912023Revenue 2024: $22,802Expenses 2024: $22,303Net Income 2024: $4992024

Highlighted filing

2024

Revenue$22,802
Expenses$22,303
Net Income$499

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$61,131
Mission and Program Overview

Mission

Enhance local artistic culture

Program Services

DescriptionGrantsExpenses
THE COUNCIL, CONSIDERING THE SIZE OF THE ORGANIZATION, HELD A NUMBER OF ART WORKSHOPS, CAMPS, EXHIBITS, AND GALLERY OPENINGS IN ORDER TO BROADEN THE AWARENESS IN THE COMMUNITY AND PROMOTE THE ARTISTIC CULTURE.-$22,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLEY SPURGEONPresident-$0--
BONNIE ZIMMERVice Preside-$0--
CHRISTINE BOGANSecretary-$0--
MICHELLE MURFITTTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Workshops, Exhi$24,765$24,765$22,579$2,186
Gallery Sales$15,783$15,783$15,750$33
Total Events$40,548$40,548$38,329$2,219
Filing and Contact Details

Filer

Filer Name
Prairie Arts Council Inc
EIN
35-1884267
Phone
2198665278
Address
301 N VAN RENSSELAER, RENSSELAER, IN 47978

Signing Officer

Name
Michelle Murfitt
Title
Treasurer
Phone
2198665278
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Huth Thompson Llp
Address
311 E DREXEL PARKWAY PO BOX 68, RENSSELAER, IN 47978
Preparer
Matthew L Robertson
Phone
2198665196
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses postage 1,304 office supplies 852 bank charges 15 supplies and equipment 213 telephone / internet 2,005 marketing & web site 813 miscellaneous expense 205 misc. 809 total 6,216

Form 990-ez, Part II, Line 24

Grants receivable 11,626 12,036 inventories for sale or use 6,274 6,274 office equipment 3,543 3,543 less accumulated depreciation 3,543 3,543 art gallery 24,684 24,684 total 42,584 42,994

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 497 328

Raw XML Appendix171 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/PrimaryExemptPurposeTxt0ENHANCE LOCAL ARTISTIC CULTURE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES POSTAGE 1,304 OFFICE SUPPLIES 852 BANK CHARGES 15 SUPPLIES AND EQUIPMENT 213 TELEPHONE / INTERNET 2,005 MARKETING & WEB SITE 813 MISCELLANEOUS EXPENSE 205 MISC. 809 TOTAL 6,216
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS RECEIVABLE 11,626 12,036 INVENTORIES FOR SALE OR USE 6,274 6,274 OFFICE EQUIPMENT 3,543 3,543 LESS ACCUMULATED DEPRECIATION 3,543 3,543 ART GALLERY 24,684 24,684 TOTAL 42,584 42,994
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 497 328
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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