Civic Intelligence

Birmingham Bloomfield Art Center Inc.

990 • Fiscal year 2018 • EIN 38-1717631

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 21, 2019

1516 South Cranbrook RoadBirmingham, MI 48009

(248) 644-0866

Siviq Scores

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

Liabilities / Assets

46th percentile

0.07x

Higher debt load relative to assets than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$88,507

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

72nd percentile

9.9%

Faster asset growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

61st percentile

9.1%

Faster revenue growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,098,206

Up $370,223 (+9.9%) from 2017

Net Assets

Up

$3,831,696

Up $306,670 (+8.7%) from 2017

Liabilities

Up

$266,510

Up $63,553 (+31%) from 2017

Revenue

Up

$1,787,522

Up $148,352 (+9.1%) from 2017

Expenses

Up

$1,443,609

Up $9,096 (+0.6%) from 2017

Net Income

Up

$343,913

Up $139,256 (+68%) from 2017

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: $2,213,906Liabilities 2010: $296,152Net Assets 2010: $1,917,7542010Assets 2011: $2,662,960Liabilities 2011: $204,160Net Assets 2011: $2,458,8002011Assets 2012: $2,797,981Liabilities 2012: $139,702Net Assets 2012: $2,658,2792012Assets 2013: $2,965,029Liabilities 2013: $141,612Net Assets 2013: $2,823,4172013Assets 2014: $3,177,345Liabilities 2014: $153,185Net Assets 2014: $3,024,1602014Assets 2015: $3,404,208Liabilities 2015: $205,402Net Assets 2015: $3,198,8062015Assets 2016: $3,587,747Liabilities 2016: $227,900Net Assets 2016: $3,359,8472016Assets 2017: $3,727,983Liabilities 2017: $202,957Net Assets 2017: $3,525,0262017Assets 2018: $4,098,206Liabilities 2018: $266,510Net Assets 2018: $3,831,6962018Assets 2019: $4,325,899Liabilities 2019: $259,229Net Assets 2019: $4,066,6702019Assets 2020: $4,229,428Liabilities 2020: $271,111Net Assets 2020: $3,958,3172020Assets 2021: $4,209,000Liabilities 2021: $300,414Net Assets 2021: $3,908,5862021Assets 2022: $4,217,947Liabilities 2022: $229,785Net Assets 2022: $3,988,1622022Assets 2023: $4,285,799Liabilities 2023: $237,580Net Assets 2023: $4,048,2192023Assets 2024: $4,315,945Liabilities 2024: $250,948Net Assets 2024: $4,064,9972024

Highlighted filing

2018

Assets$4,098,206
Liabilities$266,510
Net Assets$3,831,696

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,503,0332010Expenses 2011: $1,426,2992011Expenses 2012: $1,152,5542012Revenue 2013: $1,409,323Expenses 2013: $1,204,185Net Income 2013: $205,1382013Revenue 2014: $1,484,685Expenses 2014: $1,238,942Net Income 2014: $245,7432014Revenue 2015: $1,550,124Expenses 2015: $1,328,478Net Income 2015: $221,6462015Revenue 2016: $1,636,014Expenses 2016: $1,422,966Net Income 2016: $213,0482016Revenue 2017: $1,639,170Expenses 2017: $1,434,513Net Income 2017: $204,6572017Revenue 2018: $1,787,522Expenses 2018: $1,443,609Net Income 2018: $343,9132018Revenue 2019: $1,719,574Expenses 2019: $1,503,357Net Income 2019: $216,2172019Revenue 2020: $1,197,813Expenses 2020: $1,273,026Net Income 2020: -$75,2132020Revenue 2021: $1,197,549Expenses 2021: $1,216,010Net Income 2021: -$18,4612021Revenue 2022: $1,528,325Expenses 2022: $1,420,512Net Income 2022: $107,8132022Revenue 2023: $1,626,195Expenses 2023: $1,551,126Net Income 2023: $75,0692023Revenue 2024: $1,647,916Expenses 2024: $1,627,337Net Income 2024: $20,5792024

Highlighted filing

2018

Revenue$1,787,522
Expenses$1,443,609
Net Income$343,913
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 21, 2019
Return Version
2017v2.3
Gross Receipts
$1,806,972
Mission and Program Overview

Mission

The birmingham bloomfield art center connects people of all ages and abilities with visual arts education, exhibitions and other creative experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,877,658$1,812,570▼ $65,088
Savings and Temporary Cash Investments$1,201,036$1,692,119▲ $491,083
Accounts Receivable$63,150$48,403▼ $14,747
Cash and Non-Interest-Bearing Accounts$427$677▲ $250
Prepaid Expenses and Deferred Charges$4,198$166▼ $4,032
Total Assets$3,727,983$4,098,206▲ $370,223
Other Assets Total$581,514$544,271▼ $37,243
Liabilities
Deferred Revenue$160,583$161,325▲ $742
Accounts Payable and Accrued Expenses$42,374$105,185▲ $62,811
Total Liabilities$202,957$266,510▲ $63,553
Net Assets / Fund Balance
Unrestricted Net Assets$2,866,441$3,203,465▲ $337,024
Temporarily Rstr Net Assets$658,585$628,231▼ $30,354
Total Net Assets Fund Balance$3,525,026$3,831,696▲ $306,670
Total Liabilities and Net Assets / Fund Balance$3,727,983$4,098,206▲ $370,223

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,697,471$1,876,280$3,573,751
Other Land Buildings$92,248$189,884$282,132
Equipment$22,851$167,017$189,868
Other Assets Org$20,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Annie VangelderenPresident anFT$88,507$88,507
Gwenn RosseauVP of FinancPT$34,032$34,032

Board Members and Trustees

NameTitle
Maria MarcotteBoard Chair
Lois DebackerBoard Secret
Michelle GoffBoard Treasu
Patty EisenbraunBoard Vice C
Robert ChiaravalliBoard Vice C
Amy MessanoDirector
Brianna McnamaraDirector
Jessica WollDirector
Judith McneeleyDirector
Lisa PeersDirector
Lynn ForbushDirector
Stacey ReevesDirector
Margaret E GreeneImmediate Pa
Revenue and Support

Revenue Composition

Contributions and Grants
$569,881
Program Service Revenue
$1,179,675
Investment Income
$4,475
Other Revenue
$33,491
All Other Contributions
$347,764
Change in Net Assets
$343,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,787,522
Revenue Not Reported on Form 990
$18,757
Total Revenue per Audited Statements
$1,806,279
Total Revenue per Form 990
$1,787,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$980,029
Salaries, Compensation, and Employee Benefits$454,345
Total Fundraising Expense$91,598
Grants and Similar Amounts Paid$9,235
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$376,550$19,052$2,260$397,862
Other Salaries and Wages$262,790$17,524$17,826$298,140
Current Officers, Directors, Trustees, and Key Employees$33,347$43,201$46,224$122,772
Depreciation Depletion$111,807$3,462$3,688$118,957
Occupancy$83,715$2,592$2,761$89,068
Advertising$74,204$2,899$2,628$79,731
Office Expenses$55,867$4,941$4,985$65,793
Payroll Taxes$22,190$4,551$4,800$31,541
Information Technology$17,952$3,682$3,883$25,517
Insurance$22,010$682$726$23,418
Grants to Domestic Individuals$9,235--$9,235
Other Expenses$4,546$933$983$6,462
All Other Expenses$2,525$517$546$3,588
Conferences and Meetings-$3,187-$3,187
Other Employee Benefits$1,331$273$288$1,892
Total Functional Expenses$1,244,515$107,496$91,598$1,443,609

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,499,609
Expenses per Audited Statements$1,443,609
Total Expenses per Form 990$1,443,609
Expenses Not Reported on Form 990$56,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,278
Fundraising Direct Expenses$19,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Fine Art of$63,500$18,000$11,243$6,757
Shop & Champagn$51,933$14,278$8,171$6,107
Total Events$151,192$32,278$19,450$12,828
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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 president, finance director and board of directors.

Form 990, Page 6, Part VI, Line 12C

Each board member signs a conflict of interest statement annually. All signed statements are maintained by the organization.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors used the michigan non-profit salary survey to aid in making compensation decisions for all staff. The most recent compensation review was performed at the beginning of fiscal year 2016.

Form 990, Page 6, Part VI, Line 15B

The executive committee of the board of directors used the michigan non-profit salary survey to aid in making compensation decisions for all staff. The most recent compensation review was performed at the beginning of fiscal year 2016.

Form 990, Page 6, Part VI, Line 19

The birmingham bloomfield art center makes governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Birmingham Bloomfield Art Ctr Inc
EIN
38-1717631
Phone
2486440866
Address
1516 SOUTH CRANBROOK ROAD, BIRMINGHAM, MI 48009
Doing Business As
Bbac

Signing Officer

Name
Annie Vangelderen
Title
President and CEO
Phone
2486440866
Signed
2019-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Annie Vangelderen
Formed
1957
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
26
Volunteers
90

Preparer

Firm
Yeo & Yeo Pc
Address
1450 EISENHOWER PLACE, ANN ARBOR, MI 48108-3283
Preparer
Michael a Georges
Phone
7347691331
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside services 0 19,052 2,260 instructor fees 376,550 0 0 total 376,550 19,052 2,260

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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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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.32$0.25$4.06$1.65$1.63$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.24$4.05$1.63$1.55$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.22$0.23$3.99$1.53$1.42$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.30$3.91$1.20$1.22$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.23$0.27$3.96$1.20$1.27$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.33$0.26$4.07$1.72$1.50$0.22
2018Detailed filing. Detailed filing data is available for this year.$4.10$0.27$3.83$1.79$1.44$0.34
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.20$3.53$1.64$1.43$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.59$0.23$3.36$1.64$1.42$0.21
2015Detailed filing. Detailed filing data is available for this year.$3.40$0.21$3.20$1.55$1.33$0.22
2014Detailed filing. Detailed filing data is available for this year.$3.18$0.15$3.02$1.48$1.24$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.14$2.82$1.41$1.20$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.14$2.66$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.20$2.46$1.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.30$1.92$1.50