Civic Intelligence

Rackham Symphony Choir

990 • Fiscal year 2015 • EIN 38-2377490

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 20, 2015

PO Box 36788Grosse Pointe, MI 48236

(313) 404-0222

Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

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

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

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

86th percentile

58%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Up

$196,245

Up $71,835 (+58%) from 2014

Net Assets

Up

$189,257

Up $65,647 (+53%) from 2014

Liabilities

Up

$6,988

Up $6,188 (+774%) from 2014

Revenue

Up

$197,121

Up $52,653 (+36%) from 2014

Expenses

Down

$131,474

Down $1,402 (-1.1%) from 2014

Net Income

Up

$65,647

Up $54,055 (+466%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $98,250Liabilities 2011: $1,854Net Assets 2011: $96,3962011Assets 2012: $96,022Liabilities 2012: $1,363Net Assets 2012: $94,6592012Assets 2013: $114,018Liabilities 2013: $2,000Net Assets 2013: $112,0182013Assets 2014: $124,410Liabilities 2014: $800Net Assets 2014: $123,6102014Assets 2015: $196,245Liabilities 2015: $6,988Net Assets 2015: $189,2572015Assets 2016: $136,160Liabilities 2016: $7,401Net Assets 2016: $128,7592016Assets 2017: $111,200Liabilities 2017: $12,596Net Assets 2017: $98,6042017Assets 2018: $84,384Liabilities 2018: $205Net Assets 2018: $84,1792018Assets 2019: $105,887Liabilities 2019: $2,366Net Assets 2019: $103,5212019Assets 2020: $136,043Liabilities 2020: $13,933Net Assets 2020: $122,1102020Assets 2021: $130,031Liabilities 2021: $3,653Net Assets 2021: $126,3782021Assets 2022: $131,107Liabilities 2022: $6,000Net Assets 2022: $125,1072022Assets 2023: $160,502Liabilities 2023: $7,710Net Assets 2023: $152,7922023Assets 2024: $116,363Liabilities 2024: $1,894Net Assets 2024: $114,4692024

Highlighted filing

2015

Assets$196,245
Liabilities$6,988
Net Assets$189,257

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $196,253Expenses 2011: $186,699Net Income 2011: $9,5542011Expenses 2012: $159,5292012Revenue 2013: $165,958Expenses 2013: $148,599Net Income 2013: $17,3592013Revenue 2014: $144,468Expenses 2014: $132,876Net Income 2014: $11,5922014Revenue 2015: $197,121Expenses 2015: $131,474Net Income 2015: $65,6472015Revenue 2016: $114,739Expenses 2016: $175,236Net Income 2016: -$60,4972016Revenue 2017: $123,913Expenses 2017: $172,965Net Income 2017: -$49,0522017Revenue 2018: $141,451Expenses 2018: $155,877Net Income 2018: -$14,4262018Revenue 2019: $112,904Expenses 2019: $88,837Net Income 2019: $24,0672019Revenue 2020: $134,541Expenses 2020: $115,952Net Income 2020: $18,5892020Revenue 2021: $60,031Expenses 2021: $55,766Net Income 2021: $4,2652021Revenue 2022: $68,133Expenses 2022: $69,401Net Income 2022: -$1,2682022Revenue 2023: $84,210Expenses 2023: $56,525Net Income 2023: $27,6852023Revenue 2024: $119,294Expenses 2024: $157,617Net Income 2024: -$38,3232024

Highlighted filing

2015

Revenue$197,121
Expenses$131,474
Net Income$65,647
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 20, 2015
Return Version
2014v5.0
Gross Receipts
$211,736
Mission and Program Overview

Mission

The choir's mission is to bring orchestra accompanied choral works to the community, through culturally diverse music presentations, educational outreach programs, and benefit concerts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$77,866$115,086▲ $37,220
Pledges and Grants Receivable$5,600$76,400▲ $70,800
Land, Buildings, and Equipment, Net$5,238$2,759▼ $2,479
Accounts Receivable$34,704$2,000▼ $32,704
Prepaid Expenses and Deferred Charges$1,002--
Total Assets$124,410$196,245▲ $71,835
Liabilities
Accounts Payable and Accrued Expenses$800$6,988▲ $6,188
Total Liabilities$800$6,988▲ $6,188
Net Assets / Fund Balance
Unrestricted Net Assets$118,010$112,857▼ $5,153
Temporarily Rstr Net Assets$5,600$76,400▲ $70,800
Total Net Assets Fund Balance$123,610$189,257▲ $65,647
Total Liabilities and Net Assets / Fund Balance$124,410$196,245▲ $71,835

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,758$10,091$12,849
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$166,458
Program Service Revenue
$15,568
Investment Income
$2
Other Revenue
$15,093
All Other Contributions
$159,018
Change in Net Assets
$65,647

Audited Revenue Reconciliation

Revenue per Audited Statements
$197,121
Revenue Not Reported on Form 990
$14,615
Total Revenue per Audited Statements
$211,736
Total Revenue per Form 990
$197,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,474
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
All Other Expenses$18,435--$18,435
Other Expenses$18,306$23,033-$18,306
Advertising$14,851--$14,851
Office Expenses-$4,716-$4,716
Fees for Services Accounting-$3,560-$3,560
Depreciation Depletion$380$2,100-$2,480
Total Functional Expenses$98,065$33,409$0$131,474

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$146,089
Expenses per Audited Statements$131,474
Total Expenses per Form 990$131,474
Expenses Not Reported on Form 990$14,615
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,353
Fundraising Direct Expenses$14,615
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundrai$29,353$29,353$14,615$14,738
Total Events$29,353$29,353$14,615$14,738
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
Audit committee
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

Treasurer is responsible party who reviews and signs off on return.

Form 990, Page 6, Part VI, Line 19

Document requests can be made in writing to the organization.

Filing and Contact Details

Filer

Filer Name
The Rackham Symphony Choir
EIN
38-2377490
Phone
3134040222
Address
PO BOX 36788, GROSSE POINTE, MI 48236

Signing Officer

Name
Roger Nelson
Title
Treasurer
Phone
3134040222
Signed
2015-10-20
Discuss with paid preparer
Yes

Organization Details

Formed
1948
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
80

Preparer

Firm
Skillman Group Plc
Address
2150 BUTTERFIELD SUITE 210, TROY, MI 48084
Preparer
Marcia Williams CPA
Phone
2486415020
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Development & outreach 11,790 0 0 rehersal facility rental 3,417 0 0 music rental 3,228 0 0

Form 990, Part XI, Line 9

Gross up fundraising income 14,615 gross up fundraising income -14,615

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Gross up fundraising income 14,615

Schedule D, Page 4, Part XII, Line 2D

Gross up fundraising income 14,615

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GROSS UP FUNDRAISING INCOME 14,615
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURER IS RESPONSIBLE PARTY WHO REVIEWS AND SIGNS OFF ON RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENT REQUESTS CAN BE MADE IN WRITING TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEVELOPMENT & OUTREACH 11,790 0 0 REHERSAL FACILITY RENTAL 3,417 0 0 MUSIC RENTAL 3,228 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GROSS UP FUNDRAISING INCOME 14,615 GROSS UP FUNDRAISING INCOME -14,615
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015925
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0197121
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0124410
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0196245
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0118010
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0112857
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.RACKHAMCHOIR.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROGER NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03134040222
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RACKHAM SYMPHONY CHOIR
ReturnHeader/Filer/BusinessNameControlTxt0RACK
ReturnHeader/Filer/EIN0382377490
ReturnHeader/Filer/PhoneNum03134040222
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 36788

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$1.19$1.58$0.38
2023Detailed filing. Detailed filing data is available for this year.$1.61$0.08$1.53$0.84$0.57$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.06$1.25$0.68$0.69$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.04$1.26$0.60$0.56$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.14$1.22$1.35$1.16$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.02$1.04$1.13$0.89$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$1.41$1.56$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.13$0.99$1.24$1.73$0.49
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.07$1.29$1.15$1.75$0.60
2015Detailed filing. Detailed filing data is available for this year.$1.96$0.07$1.89$1.97$1.31$0.66
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.24$1.44$1.33$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.02$1.12$1.66$1.49$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.01$0.95$1.60
2011Summary only. Only limited summary data is available for this year.$0.98$0.02$0.96$1.96$1.87$0.10