Civic Intelligence

Mclean County Arts Center

990 • Fiscal year 2017 • EIN 37-6032342

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 03, 2018

601 N East StreetBloomington, IL 61701

(309) 829-0011

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

33rd percentile

-2.1%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$56,000

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

56th percentile

5.2%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,058,531

Up $101,164 (+5.2%) from 2016

Net Assets

Up

$2,053,414

Up $104,297 (+5.4%) from 2016

Liabilities

Down

$5,117

Down $3,133 (-38%) from 2016

Revenue

Down

$296,006

Down $941,721 (-76%) from 2016

Expenses

Up

$302,097

Up $13,518 (+4.7%) from 2016

Net Income

Down

-$6,091

Down $955,239 (-101%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,915,084Liabilities 2011: $7,448Net Assets 2011: $1,907,6362011Assets 2012: $1,921,917Liabilities 2012: $4,004Net Assets 2012: $1,917,9132012Assets 2013: $1,972,851Liabilities 2013: $8,050Net Assets 2013: $1,964,8012013Assets 2014: $2,125,603Liabilities 2014: $12,667Net Assets 2014: $2,112,9362014Assets 2015: $1,982,042Liabilities 2015: $6,172Net Assets 2015: $1,975,8702015Assets 2016: $1,957,367Liabilities 2016: $8,250Net Assets 2016: $1,949,1172016Assets 2017: $2,058,531Liabilities 2017: $5,117Net Assets 2017: $2,053,4142017Assets 2018: $169,642Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $2,031,062Liabilities 2019: $13,378Net Assets 2019: $2,017,6842019Assets 2020: $2,114,011Liabilities 2020: $30,594Net Assets 2020: $2,083,4172020Assets 2021: $2,539,774Liabilities 2021: $9,107Net Assets 2021: $2,530,6672021Assets 2022: $2,313,767Liabilities 2022: $79,394Net Assets 2022: $2,234,3732022Assets 2023: $2,422,451Liabilities 2023: $73,665Net Assets 2023: $2,348,7862023Assets 2024: $2,560,634Liabilities 2024: $85,914Net Assets 2024: $2,474,7202024Assets 2025: $2,637,779Liabilities 2025: $65,190Net Assets 2025: $2,572,5892025

Highlighted filing

2017

Assets$2,058,531
Liabilities$5,117
Net Assets$2,053,414

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $386,499Expenses 2011: $305,371Net Income 2011: $81,1282011Revenue 2012: $299,524Expenses 2012: $279,868Net Income 2012: $19,6562012Revenue 2013: $330,282Expenses 2013: $314,590Net Income 2013: $15,6922013Revenue 2014: $487,716Expenses 2014: $343,350Net Income 2014: $144,3662014Revenue 2015: $242,647Expenses 2015: $302,183Net Income 2015: -$59,5362015Revenue 2016: $1,237,727Expenses 2016: $288,579Net Income 2016: $949,1482016Revenue 2017: $296,006Expenses 2017: $302,097Net Income 2017: -$6,0912017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $305,654Expenses 2019: $340,605Net Income 2019: -$34,9512019Revenue 2020: $230,471Expenses 2020: $331,195Net Income 2020: -$100,7242020Revenue 2021: $438,582Expenses 2021: $347,616Net Income 2021: $90,9662021Revenue 2022: $567,728Expenses 2022: $419,930Net Income 2022: $147,7982022Revenue 2023: $565,185Expenses 2023: $502,031Net Income 2023: $63,1542023Revenue 2024: $424,947Expenses 2024: $514,694Net Income 2024: -$89,7472024Revenue 2025: $545,132Expenses 2025: $577,084Net Income 2025: -$31,9522025

Highlighted filing

2017

Revenue$296,006
Expenses$302,097
Net Income-$6,091
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 3, 2018
Return Version
2016v3.0
Gross Receipts
$296,006
Mission and Program Overview

Mission

To encourage and promote the study, cultivation and practice of the arts in mclean county, illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$180,292$169,642▼ $10,650
Cash and Non-Interest-Bearing Accounts$37,564$46,078▲ $8,514
Savings and Temporary Cash Investments$12,177$44,325▲ $32,148
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,957,367$2,058,531▲ $101,164
Other Assets Total$1,727,334$1,798,486▲ $71,152
Liabilities
Accounts Payable and Accrued Expenses$8,249$5,117▼ $3,132
Other Liabilities$1--
Total Liabilities$8,250$5,117▼ $3,133
Net Assets / Fund Balance
Unrestricted Net Assets$1,949,117$2,053,414▲ $104,297
Total Net Assets Fund Balance$1,949,117$2,053,414▲ $104,297
Total Liabilities and Net Assets / Fund Balance$1,957,367$2,058,531▲ $101,164

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$116,902$528,764$645,666
Equipment$2,740$54,606$57,346
Land$50,000-$50,000
Leasehold Improvements-$16,477$16,477
Other Assets Org$51,475--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Doug JohnsonExecutive DirectorPT$56,000$56,000

Board Members and Trustees

NameTitle
Rashod TaylorPresident
Jim FreemanVice President
Anita CarneyDirector
Craig LeeDirector
Dan GalvinDirector
Darrell RichardsDirector
Deb RisbergDirector
Eleisha WhitneyDirector
Gay DolanDirector
Jocelyn WinnellDirector
Kevin KueblerDirector
Linda Willis FisherDirector
Ruth Ann FriedbergDirector
Sheila LambersonDirector
Sue AlexanderDirector
Susie FerrenburgDirector
Tom RobertsDirector
Yvonne HoopDirector
Alexis KalishAt Large
Julia DavisSecretary
Shawn GravelleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$74,761
Program Service Revenue
$122,406
Investment Income
$98,839
Other Revenue
$0
All Other Contributions
$31,000
Change in Net Assets
$-6,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,421
Salaries, Compensation, and Employee Benefits$121,676
Total Fundraising Expense$11,062
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$41,348$15,361-$56,709
Current Officers, Directors, Trustees, and Key Employees$42,000$14,000-$56,000
All Other Expenses$28,602$9,233$11,062$48,897
Occupancy$10,801$3,601-$14,402
Depreciation Depletion$13,811--$13,811
Insurance$8,775$2,925-$11,700
Other Expenses$9,200$2,299-$11,499
Payroll Taxes$6,277$2,690-$8,967
Advertising$5,536--$5,536
Travel$3,198$800-$3,998
Office Expenses$1,920--$1,920
Fees for Services Accounting-$1,480-$1,480
Conferences and Meetings$350$850-$1,200
Total Functional Expenses$225,290$65,745$11,062$302,097
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

Treasurer reviews the form 990 and a copy is made available to all members of the board of directors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The governing board of directors determines compensation

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The governing board of directors determines compensation

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available upon request

Filing and Contact Details

Filer

Filer Name
Mclean County Arts Center
EIN
37-6032342
Phone
3098290011
Address
601 N EAST STREET, BLOOMINGTON, IL 61701

Signing Officer

Name
Rashod Taylor
Title
President
Signed
2018-01-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rashod Taylor
Formed
1922
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
7
Volunteers
25

Preparer

Firm
Sulaski and Webb Cpas
Address
207 W Jefferson Ste 203, Bloomington, IL 61701
Preparer
Mary Ann Webb
Phone
3098286071
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

CATERING: Column (A) - Total = $10921; Column (B) - Program Services = $2871; Column (C) - Management & General = $2185; Column (D) - Fundraising = $5865

Form 990, Part IX, Line 24E: Other Expenses

DUES & SUBSCRIPTIONS: Column (A) - Total = $1564; Column (B) - Program Services = $0; Column (C) - Management & General = $1564; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EQUIPMENT RENTAL : Column (A) - Total = $333; Column (B) - Program Services = $333; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

GRANTWRITING: Column (A) - Total = $7080; Column (B) - Program Services = $1578; Column (C) - Management & General = $540; Column (D) - Fundraising = $4962

Form 990, Part IX, Line 24E: Other Expenses

HONORARIA: Column (A) - Total = $5739; Column (B) - Program Services = $5739; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LICENSES & PERMITS: Column (A) - Total = $10; Column (B) - Program Services = $0; Column (C) - Management & General = $10; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MISCELLANEOUS: Column (A) - Total = $676; Column (B) - Program Services = $0; Column (C) - Management & General = $676; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $4697; Column (B) - Program Services = $4462; Column (C) - Management & General = $0; Column (D) - Fundraising = $235

Form 990, Part IX, Line 24E: Other Expenses

PRODUCTION/EXHIBIT: Column (A) - Total = $5433; Column (B) - Program Services = $4618; Column (C) - Management & General = $815; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SUPPLIES: Column (A) - Total = $8859; Column (B) - Program Services = $6853; Column (C) - Management & General = $2006; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TAXES: Column (A) - Total = $721; Column (B) - Program Services = $0; Column (C) - Management & General = $721; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $2864; Column (B) - Program Services = $2148; Column (C) - Management & General = $716; Column (D) - Fundraising = $0

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

Collections of art pieces to provide public awareness in the community

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IRS990/Form990PartVIISectionAGrp/TitleTxt0AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
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IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIPS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.07$2.57$0.55$0.58$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.09$2.47$0.42$0.51$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.07$2.35$0.57$0.50$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$0.08$2.23$0.57$0.42$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.01$2.53$0.44$0.35$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.03$2.08$0.23$0.33$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.01$2.02$0.31$0.34$0.03
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.17$0.00$0.00$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.06$0.01$2.05$0.30$0.30$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$1.24$0.29$0.95
2015Detailed filing. Detailed filing data is available for this year.$1.98$0.01$1.98$0.24$0.30$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.13$0.01$2.11$0.49$0.34$0.14
2013Summary only. Only limited summary data is available for this year.$1.97$0.01$1.96$0.33$0.31$0.02
2012Summary only. Only limited summary data is available for this year.$1.92$0.00$1.92$0.30$0.28$0.02
2011Summary only. Only limited summary data is available for this year.$1.92$0.01$1.91$0.39$0.31$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits