Civic Intelligence

Nuvo Cultural Foundation Inc.

EIN 35-2045604 • 501(c)3 • Indianapolis, IN

Pub. 78 Eligible990-N Coverage

Profile

To promote and support cultural activities and the arts in indiana.

3951 N Meridian St Ste 200Indianapolis, IN 46208

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

5th percentile

-302%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-40%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

20th percentile

-42%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$17,289

Down $30,093 (-64%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$17,289

Down $30,093 (-64%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin5th percentile

Revenue

Down

$10,320

Down $34,026 (-77%) from 2023

Expenses

Up

$41,501

Up $3,207 (+8.4%) from 2023

Net Income

Down

-$31,181

Down $37,233 (-615%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

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

$60K$40K$20K$0Assets 2019: $20,077Liabilities 2019: $3,409Net Assets 2019: $16,6682019Assets 2020: $15,412Liabilities 2020: $11,407Net Assets 2020: $4,0052020Assets 2021: $40,351Liabilities 2021: $0Net Assets 2021: $40,3512021Assets 2022: $48,820Liabilities 2022: $0Net Assets 2022: $48,8202022Assets 2023: $47,382Liabilities 2023: $0Net Assets 2023: $47,3822023Assets 2024: $17,289Liabilities 2024: $0Net Assets 2024: $17,2892024

Highlighted filing

2024

Assets$17,289
Liabilities$0
Net Assets$17,289
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$150K$100K$50K$0-$50KRevenue 2019: $83,438Expenses 2019: $127,594Net Income 2019: -$44,1562019Revenue 2020: $18,128Expenses 2020: $30,791Net Income 2020: -$12,6632020Revenue 2021: $48,098Expenses 2021: $11,752Net Income 2021: $36,3462021Revenue 2022: $30,703Expenses 2022: $17,994Net Income 2022: $12,7092022Revenue 2023: $44,346Expenses 2023: $38,294Net Income 2023: $6,0522023Revenue 2024: $10,320Expenses 2024: $41,501Net Income 2024: -$31,1812024

Highlighted filing

2024

Revenue$10,320
Expenses$41,501
Net Income-$31,181
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$17,289
Liabilities
$0
Net assets
$17,289
Revenue
$10,320
Expenses
$41,501
Net income
-$31,181
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.10$0.42$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.44$0.38$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.31$0.18$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.48$0.12$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.11$0.04$0.18$0.31$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.17$0.83$1.28$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$10,320
Mission and Program Overview

Mission

To promote and support cultural activities and the arts in indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$20,000$14,084▼ $5,916
Cash and Non-Interest-Bearing Accounts$27,382$3,205▼ $24,177
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$47,382$17,289▼ $30,093
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,382$17,289▼ $30,093
Total Net Assets Fund Balance$47,382$17,289▼ $30,093
Total Liabilities and Net Assets / Fund Balance$47,382$17,289▼ $30,093

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$154,484$154,484
Other Land Buildings$0--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Kevin MckinneyPresident
Marni MckinneyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$5,922
Program Service Revenue
$3,402
Investment Income
$996
Other Revenue
$0
All Other Contributions
$5,922
Change in Net Assets
$-31,181
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,501
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$30,980--$30,980
Fees for Services Accounting-$1,500-$1,500
Other Expenses$1,108--$1,108
Office Expenses$783--$783
Total Functional Expenses$40,001$1,500$0$41,501
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
No
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
No
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 2

“Kevin mckinney and marni mckinney have a family relationship.”

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

“A copy of the tax return is made available for review by the board before filed.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Nuvo Cultural Foundation Inc
EIN
35-2045604
Phone
3178084601
Address
3951 N MERIDIAN ST STE 200, INDIANAPOLIS, IN 46208

Signing Officer

Name
Kevin Mckinney
Title
President
Phone
3178084601
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Mckinney
Formed
1997
Legal Domicile
In
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Sikich LLC
Address
8555 N RIVER RD 300, INDIANAPOLIS, IN 46240
Preparer
Bridgette Mugge
Phone
3178424466
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contractor expense: program service expenses 30,980. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,980.”

Raw XML Appendix301 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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ReturnHeader/ReturnTs02025-10-30T14:11:44-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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