Civic Intelligence

Dearborn Community Arts Council

990EZ • Fiscal year 2015 • EIN 38-2166568

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 28, 2015

15801 Michigan AvenueDearborn, MI 48126

(313) 943-3095

Siviq Scores

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

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

0.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

38th percentile

-1.0%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

86th percentile

$29,900

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 50.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$39,219

Up $4,942 (+14%) from 2014

Net Assets

Down

-$294

Down $600 (-196%) from 2014

Liabilities

Up

$39,513

Up $5,542 (+16%) from 2014

Revenue

Up

$58,874

Up $17,858 (+44%) from 2014

Expenses

Up

$59,474

Up $2,284 (+4.0%) from 2014

Net Income

Up

-$600

Up $15,574 (+96%) from 2014

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2010: $50,291Net Assets 2010: $50,2912010Assets 2011: $56,721Liabilities 2011: $16,7182011Assets 2012: $31,411Liabilities 2012: $16,584Net Assets 2012: $14,8272012Assets 2013: $45,148Liabilities 2013: $28,668Net Assets 2013: $16,4802013Assets 2014: $34,277Liabilities 2014: $33,971Net Assets 2014: $3062014Assets 2015: $39,219Liabilities 2015: $39,513Net Assets 2015: -$2942015Assets 2016: $35,222Liabilities 2016: $34,2842016Assets 2017: $29,835Liabilities 2017: $33,2162017Assets 2018: $22,714Liabilities 2018: $26,270Net Assets 2018: -$3,5562018

Highlighted filing

2015

Assets$39,219
Liabilities$39,513
Net Assets-$294

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $64,905Expenses 2010: $53,413Net Income 2010: $11,4922010Revenue 2011: $65,019Expenses 2011: $57,589Net Income 2011: $7,4302011Revenue 2012: $29,907Expenses 2012: $55,697Net Income 2012: -$25,7902012Revenue 2013: $50,334Expenses 2013: $49,161Net Income 2013: $1,1732013Revenue 2014: $41,016Expenses 2014: $57,190Net Income 2014: -$16,1742014Revenue 2015: $58,874Expenses 2015: $59,474Net Income 2015: -$6002015Revenue 2016: $52,892Expenses 2016: $51,660Net Income 2016: $1,2322016Revenue 2017: $52,789Expenses 2017: $57,108Net Income 2017: -$4,3192017Revenue 2018: $61,641Expenses 2018: $61,816Net Income 2018: -$1752018

Highlighted filing

2015

Revenue$58,874
Expenses$59,474
Net Income-$600
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 28, 2015
Return Version
2014v5.0
Gross Receipts
$60,384
Mission and Program Overview

Mission

Dearborn community arts council (dcac) is dedicated to support, promote and develop arts and culture in our diverse community. Dcac provides service and support for the growth and development of 40 individual arts and cultural organizations in dearborn/dearborn heights.

Dearborn community arts council (dcac) is dedicated to support, promote and develop arts and culture in our diverse community. Dcac provides service and support for the growth and development of over 40 individual arts and cultural organizations in dearborn/dearborn heights.

Program Services

DescriptionGrantsExpenses
PROVIDE VENUE AND VOLUNTEER STAFFING TO DISPLAY AND SELL WORKS OF VARIOUS LOCAL ARTISTS IN ALL MEDIA-$13,605
NOMINATION AND DISTRIBUTION OF AWARDS TO ARTISTS OF VARIOUS MEDIA IN AREA OF COVERAGE.-$200
OTHER PROGRAM ACCOMPLISHMENTS CAN BE FOUND ON ORGANIZATION'S WEBSITE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RALPH VALDEZExecutive DiPT$29,900-$29,900
LANCE ROSOLVice Preside-$0--
STEVE GAUTREAUPresidentPT$0--
LESLIE GREENEISENSecretaryPT$0--
ROBERT VARTYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Dearborn Community Arts Council
EIN
38-2166568
Phone
3139433095
Address
15801 MICHIGAN AVENUE, DEARBORN, MI 48126

Signing Officer

Name
Ralph Valdez
Title
Executive Director
Phone
3139433095
Signed
2015-08-28
Discuss with paid preparer
Yes

Preparer

Firm
Varty Matey & Company Pc
Address
3745 MONROE, DEARBORN, MI 48124
Preparer
Robert J Varty
Phone
3135633335
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other programs 189 total 189

Form 990-ez, Part I, Line 16

Mayor's arts awards promotion 200 gallery sales & events commissions 8,374 marketing 421 sales tax 640 programs expense 1,532 event expenses 2,638 expenses office expense 1,590 insurance expense 2,207 marketing 305 bank & credit card fees 450 equipment upkeep 370 other 80 non-investment depreciation 327 total 19,134

Form 990-ez, Part II, Line 24

Equipment & fixtures 50,909 50,909 less accumulated depreciation 49,464 49,791 total 1,445 1,118

Form 990-ez, Part II, Line 26

Restricted funds payable 33,971 39,513

Form 990-ez, Part III

Dearborn community arts council (dcac) is dedicated to support, promote and develop arts and culture in our diverse community. Dcac provides service and support for the growth and development of over 40 individual arts and cultural organizations in dearborn/dearborn heights.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAMS 189 TOTAL 189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MAYOR'S ARTS AWARDS PROMOTION 200 GALLERY SALES & EVENTS COMMISSIONS 8,374 MARKETING 421 SALES TAX 640 PROGRAMS EXPENSE 1,532 EVENT EXPENSES 2,638 EXPENSES OFFICE EXPENSE 1,590 INSURANCE EXPENSE 2,207 MARKETING 305 BANK & CREDIT CARD FEES 450 EQUIPMENT UPKEEP 370 OTHER 80 NON-INVESTMENT DEPRECIATION 327 TOTAL 19,134
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT & FIXTURES 50,909 50,909 LESS ACCUMULATED DEPRECIATION 49,464 49,791 TOTAL 1,445 1,118
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RESTRICTED FUNDS PAYABLE 33,971 39,513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEARBORN COMMUNITY ARTS COUNCIL (DCAC) IS DEDICATED TO SUPPORT, PROMOTE AND DEVELOP ARTS AND CULTURE IN OUR DIVERSE COMMUNITY. DCAC PROVIDES SERVICE AND SUPPORT FOR THE GROWTH AND DEVELOPMENT OF OVER 40 INDIVIDUAL ARTS AND CULTURAL ORGANIZATIONS IN DEARBORN/DEARBORN HEIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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