Civic Intelligence

Riverfront Museum Park

990 • Fiscal year 2019 • EIN 36-3605403

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

711 North Main StreetRockford, IL 61103-6999

(815) 972-2800

Siviq Scores

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

Liabilities / Assets

80th percentile

0.34x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.11x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

Down

$220,490

Down $8,315 (-3.6%) from 2015

Net Assets

Down

$146,324

Down $12,660 (-8.0%) from 2015

Liabilities

Up

$74,166

Up $4,345 (+6.2%) from 2015

Revenue

Up

$652,410

Up $6,720 (+1.0%) from 2015

Expenses

Up

$705,282

Up $55,146 (+8.5%) from 2015

Net Income

Down

-$52,872

Down $48,426 (-1089%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $303,290Liabilities 2010: $109,668Net Assets 2010: $193,6222010Assets 2011: $280,955Liabilities 2011: $77,674Net Assets 2011: $203,2812011Assets 2012: $371,232Liabilities 2012: $186,064Net Assets 2012: $185,1682012Assets 2013: $229,175Liabilities 2013: $64,637Net Assets 2013: $164,5382013Assets 2014: $230,987Liabilities 2014: $67,557Net Assets 2014: $163,4302014Assets 2015: $228,805Liabilities 2015: $69,821Net Assets 2015: $158,9842015Assets 2019: $220,490Liabilities 2019: $74,166Net Assets 2019: $146,3242019Assets 2020: $449,438Liabilities 2020: $123,336Net Assets 2020: $326,1022020Assets 2021: $453,264Liabilities 2021: $46,564Net Assets 2021: $406,7002021Assets 2022: $459,885Liabilities 2022: $41,952Net Assets 2022: $417,9332022Assets 2023: $589,854Liabilities 2023: $32,181Net Assets 2023: $557,6732023Assets 2024: $5,956,460Liabilities 2024: $906,732Net Assets 2024: $5,049,7282024

Highlighted filing

2019

Assets$220,490
Liabilities$74,166
Net Assets$146,324

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $829,8862010Expenses 2011: $780,4452011Expenses 2012: $1,260,4342012Revenue 2013: $1,143,069Expenses 2013: $1,102,243Net Income 2013: $40,8262013Revenue 2014: $718,023Expenses 2014: $711,711Net Income 2014: $6,3122014Revenue 2015: $645,690Expenses 2015: $650,136Net Income 2015: -$4,4462015Revenue 2019: $652,410Expenses 2019: $705,282Net Income 2019: -$52,8722019Revenue 2020: $701,650Expenses 2020: $617,090Net Income 2020: $84,5602020Revenue 2021: $754,663Expenses 2021: $672,426Net Income 2021: $82,2372021Revenue 2022: $750,758Expenses 2022: $716,121Net Income 2022: $34,6372022Revenue 2023: $961,211Expenses 2023: $832,005Net Income 2023: $129,2062023Revenue 2024: $5,380,577Expenses 2024: $891,895Net Income 2024: $4,488,6822024

Highlighted filing

2019

Revenue$652,410
Expenses$705,282
Net Income-$52,872
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$652,410
Mission and Program Overview

Mission

Support and sustain a vibrant and healthy facility that enables our member organizations to showcase the arts and sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$77,919$175,324▲ $97,405
Investments in Publicly Traded Securities$84,616--
Savings and Temporary Cash Investments$79,112--
Land, Buildings, and Equipment, Net$21,787$25,297▲ $3,510
Accounts Receivable$13,772$16,244▲ $2,472
Prepaid Expenses and Deferred Charges$3,414$3,625▲ $211
Total Assets$280,620$220,490▼ $60,130
Liabilities
Accounts Payable and Accrued Expenses$79,999$74,166▼ $5,833
Total Liabilities$79,999$74,166▼ $5,833
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$200,621$146,324▼ $54,297
Total Net Assets Fund Balance$200,621$146,324▼ $54,297
Total Liabilities and Net Assets / Fund Balance$280,620$220,490▼ $60,130

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$24,922$8,138$8,462
Equipment$375$105,527-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan RossPresident/tr
Scott Prine1st Vice Pre
Julie Thomas2nd Vice Pre
Sarah WolfDisc CTR E D
Cyndie HowardFacility Man
Aimee FlotoGovernor
Jim TurmoGovernor
Julie SegerGovernor
Martha MitchellGovernor
Richard WolffGovernor
Linda DennisRam E D
Aimee FlotoRam Ed
Emily CookeRdc E D
Dan BoccignoneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$540,645
Program Service Revenue
$100,000
Investment Income
$2,470
Other Revenue
$9,295
All Other Contributions
$540,645
Change in Net Assets
$-52,872

Audited Revenue Reconciliation

Revenue per Audited Statements
$652,410
Revenue Not Reported on Form 990
$264,775
Total Revenue per Audited Statements
$917,185
Total Revenue per Form 990
$652,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$609,415
Salaries, Compensation, and Employee Benefits$95,867
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$252,624$244,831-$497,455
Other Salaries and Wages$95,867--$95,867
Insurance$40,522--$40,522
Fees for Services Accounting-$3,475-$3,475
Office Expenses$3,099--$3,099
Fees for Service Investment Mgmnt Fees-$1,500-$1,500
All Other Expenses$1,017$9-$1,026
Other Expenses$923$17-$923
Depreciation Depletion$648--$648
Total Functional Expenses$455,450$249,832$0$705,282

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$971,482
Expenses per Audited Statements$705,282
Total Expenses per Form 990$705,282
Expenses Not Reported on Form 990$266,200
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
Audit committee
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
No
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

Copies of the form 990 are provided to each of the board members. The 990 is then discussed at a board meeting and approved for release.

Form 990, Page 6, Part VI, Line 19

All of these documents are available to the public upon request. Also, audited financial statements and annual tax documents are available on government websites.

Form 990, Part VII

Compensation explanation - staci hoste - reasonable efforts were made to obtain reportable compensation from the related organization to no avail.

Filing and Contact Details

Filer

Filer Name
Riverfront Museum Park
EIN
36-3605403
Phone
8159722800
Address
711 NORTH MAIN STREET, ROCKFORD, IL 61103-6999

Signing Officer

Name
Dan Ross
Title
President/treasurer
Phone
8159722800
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Ross
Formed
1988
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
11

Preparer

Firm
Abendroth Acctg & Tax Services Inc
Address
16750 OAK PARK AVE - STE 1, TINLEY PARK, IL 60477-2893
Preparer
Danielle N Abendroth
Phone
7088644071
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3FuncIntGrp/AppointElectMajorityOfficerInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ExerciseDirectionPoliciesInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ParentSupportedOrgInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATIONS ARE REPRESENTED ON RIVERFRONT MUSEUM PARK'S BOARD OF GOVERNORS AND THEREFORE HAVE A VOICE IN DIRECTING THE USE OF INCOME AND ASSETS OF RIVERFRONT MUSEUM PARK THROUGHOUT THE YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DURING THE YEAR, RIVERFRONT MUSEUM PARK PROVIDED AND MAINTAINED THE FACILITIES IN WHICH THE SUPPORTED ORGANIZATIONS (DISCOVERY CENTER MUSEUM OF ROCKFORD, ROCKFORD ART MUSEUM, ROCKFORD DANCE COMPANY, AND ROCKFORD SYMPHONY ORCHESTRA, INC.) OPERATE THEIR PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2DURING THE YEAR, RIVERFRONT MUSEUM PARK PROVIDED AND MAINTAINED THE FACILITIES IN WHICH THE SUPPORTED ORGANIZATIONS (DISCOVERY CENTER MUSEUM OF ROCKFORD, ROCKFORD ART MUSEUM, ROCKFORD DANCE COMPANY, AND ROCKFORD SYMPHONY ORCHESTRA, INC.) OPERATE THEIR PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3RIVERFRONT MUSEUM PARK PROVIDES AND MAINTAINS A FACILITY TO HOUSE THE SUPPORTED MUSEUMS AND ARTS ORGANIZATIONS IN WHICH THOSE ORGANIZATIONS OPERATE THEIR PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3SUPPLEMENTAL INFORMATION
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt04
IRS990ScheduleA/SupportedOrganizationsTotalCnt04
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0363292135
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1362349612
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2237334600
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3366109375
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd3true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd19
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd29
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd37
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DISCOVERY CENTER MUSEUM OF ROCKFORD
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ROCKFORD ART MUSEUM
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ROCKFORD DANCE COMPANY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3ROCKFORD SYMPHONY ORCHESTRA INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
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/DonatedServicesAndUseFcltsAmt0266200
IRS990ScheduleD/DonatedServicesUseFcltsAmt0266200
IRS990ScheduleD/EquipmentGrp/BookValueAmt0375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0105527
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0105902
IRS990ScheduleD/ExpensesNotReportedAmt0266200
IRS990ScheduleD/ExpensesSubtotalAmt0705282
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1425
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024922
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08138
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt024598
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08462
IRS990ScheduleD/RevenueNotReportedAmt0264775
IRS990ScheduleD/RevenueSubtotalAmt0652410
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025297
IRS990ScheduleD/TotalExpensesPerForm990Amt0705282
IRS990ScheduleD/TotalRevenuePerForm990Amt0652410
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0917185
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0971482
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF THE FORM 990 ARE PROVIDED TO EACH OF THE BOARD MEMBERS. THE 990 IS THEN DISCUSSED AT A BOARD MEETING AND APPROVED FOR RELEASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OF THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, AUDITED FINANCIAL STATEMENTS AND ANNUAL TAX DOCUMENTS ARE AVAILABLE ON GOVERNMENT WEBSITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION EXPLANATION - STACI HOSTE - REASONABLE EFFORTS WERE MADE TO OBTAIN REPORTABLE COMPENSATION FROM THE RELATED ORGANIZATION TO NO AVAIL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DISCOVERY CENTER MUSEUM OF ROCKFORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ROCKFORD ARTS MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ROCKFORD DANCE COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3ROCKFORD SYMPHONY ORCHESTRA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363292135
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1362349612
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2233733460
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3366109375
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCIENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2DANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SYMPHONY

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