Civic Intelligence

Master Arts Company

990 • Fiscal year 2020 • EIN 38-2600719

Jan 01, 2020 to Dec 31, 2020 • Filed on May 21, 2021

75 77th Street SWGrand Rapids, MI 49548

(616) 455-1001

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.01x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

63rd percentile

14%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

58th percentile

10%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-35%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$210,976

Up $19,210 (+10%) from 2019

Net Assets

Up

$210,234

Up $20,284 (+11%) from 2019

Liabilities

Down

$742

Down $1,074 (-59%) from 2019

Revenue

Down

$144,807

Down $78,870 (-35%) from 2019

Expenses

Down

$124,523

Down $119,620 (-49%) from 2019

Net Income

Up

$20,284

Up $40,750 (+199%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $210,609Liabilities 2010: $108,294Net Assets 2010: $102,3152010Assets 2011: $227,712Liabilities 2011: $97,969Net Assets 2011: $129,7432011Assets 2012: $213,685Liabilities 2012: $84,812Net Assets 2012: $128,8732012Assets 2013: $218,053Liabilities 2013: $71,192Net Assets 2013: $146,8612013Assets 2014: $243,723Liabilities 2014: $58,889Net Assets 2014: $184,8342014Assets 2015: $254,778Liabilities 2015: $21,063Net Assets 2015: $233,7152015Assets 2016: $227,747Liabilities 2016: $2,611Net Assets 2016: $225,1362016Assets 2017: $219,721Liabilities 2017: $2,554Net Assets 2017: $217,1672017Assets 2018: $213,127Liabilities 2018: $2,711Net Assets 2018: $210,4162018Assets 2019: $191,766Liabilities 2019: $1,816Net Assets 2019: $189,9502019Assets 2020: $210,976Liabilities 2020: $742Net Assets 2020: $210,2342020Assets 2021: $275,467Liabilities 2021: $0Net Assets 2021: $275,4672021Assets 2022: $219,953Liabilities 2022: $0Net Assets 2022: $219,9532022Assets 2023: $206,850Liabilities 2023: $0Net Assets 2023: $206,8502023Assets 2024: $274,228Liabilities 2024: $5,532Net Assets 2024: $268,6962024

Highlighted filing

2020

Assets$210,976
Liabilities$742
Net Assets$210,234

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $146,046Expenses 2010: $152,579Net Income 2010: -$6,5332010Revenue 2011: $178,041Expenses 2011: $150,613Net Income 2011: $27,4282011Revenue 2012: $151,983Expenses 2012: $152,853Net Income 2012: -$8702012Revenue 2013: $161,657Expenses 2013: $143,669Net Income 2013: $17,9882013Revenue 2014: $188,363Expenses 2014: $150,390Net Income 2014: $37,9732014Revenue 2015: $193,183Expenses 2015: $144,302Net Income 2015: $48,8812015Revenue 2016: $196,669Expenses 2016: $205,248Net Income 2016: -$8,5792016Revenue 2017: $217,169Expenses 2017: $225,138Net Income 2017: -$7,9692017Revenue 2018: $217,561Expenses 2018: $224,312Net Income 2018: -$6,7512018Revenue 2019: $223,677Expenses 2019: $244,143Net Income 2019: -$20,4662019Revenue 2020: $144,807Expenses 2020: $124,523Net Income 2020: $20,2842020Revenue 2021: $193,485Expenses 2021: $128,252Net Income 2021: $65,2332021Revenue 2022: $130,677Expenses 2022: $186,191Net Income 2022: -$55,5142022Revenue 2023: $184,258Expenses 2023: $197,361Net Income 2023: -$13,1032023Revenue 2024: $331,057Expenses 2024: $269,211Net Income 2024: $61,8462024

Highlighted filing

2020

Revenue$144,807
Expenses$124,523
Net Income$20,284
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 21, 2021
Return Version
2020v4.0
Gross Receipts
$147,264
Mission and Program Overview

Mission

The advancement of christian performing arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$112,846$107,096▼ $5,750
Cash and Non-Interest-Bearing Accounts$35,682$50,043▲ $14,361
Savings and Temporary Cash Investments$39,515$39,622▲ $107
Prepaid Expenses and Deferred Charges$3,723$14,215▲ $10,492
Total Assets$191,766$210,976▲ $19,210
Liabilities
Accounts Payable and Accrued Expenses$1,816$742▼ $1,074
Total Liabilities$1,816$742▼ $1,074
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$132,767$153,051▲ $20,284
Net Assets With Donor Restrictions$57,183$57,183→ $0
Total Net Assets Fund Balance$189,950$210,234▲ $20,284
Total Liabilities and Net Assets / Fund Balance$191,766$210,976▲ $19,210

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$89,391$160,302$249,693
Other Land Buildings$2,705$28,250$30,955
Land$15,000-$15,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob KarelChair
Dick MaloneVice Chair
Dionna GustafsonDirector
John McdonaldDirector
Lorna TorresDirector
Ruth SmithDirector
Dan DenkSecretary
John MiedemaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,192
Program Service Revenue
$26,902
Investment Income
$117
Other Revenue
$22,596
All Other Contributions
$75,192
Change in Net Assets
$20,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$66,322
Other Expenses$58,201
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,343$3,979-$66,322
Occupancy$17,129--$17,129
Office Expenses$16,957--$16,957
Advertising$7,108--$7,108
Insurance$4,231--$4,231
All Other Expenses$2,505--$2,505
Other Expenses$900--$900
Royalties$780--$780
Conferences and Meetings$159--$159
Total Functional Expenses$120,544$3,979$0$124,523
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,842
Fundraising Direct Expenses$1,480
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet$15,842$15,842$1,480$14,362
Total Events$15,842$15,842$1,480$14,362
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
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

Financial statements reviewed at board meeting prior to preparation of 990 based on those statements. Nonfinancial data including answers to questions asked on the 990 are reviewed by designated officer(s) prior to submission of form 990.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Master Arts Theatre
EIN
38-2600719
Phone
6164551001
Address
75 77TH STREET SW, GRAND RAPIDS, MI 49548

Signing Officer

Name
John Miedema
Title
Treasurer
Phone
6164551001
Signed
2021-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dick Malone
Formed
1985
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
85

Preparer

Firm
Yff & Scholma Pc
Address
688 CASCADE WEST PKWY SE, GRAND RAPIDS, MI 49546
Preparer
David a Cook CPA
Phone
6169426530
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

No financial benefits. Volunteers include office assistants, actors, actresses, performance artists, set construction, costumers, lighting and sound, ushers, musicians, and many others.

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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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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08708
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IRS990ScheduleA/PublicSupportCY509Pct00.98460
IRS990ScheduleA/PublicSupportPY509Pct00.99330
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0249693
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01480
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01480
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO FINANCIAL BENEFITS. VOLUNTEERS INCLUDE OFFICE ASSISTANTS, ACTORS, ACTRESSES, PERFORMANCE ARTISTS, SET CONSTRUCTION, COSTUMERS, LIGHTING AND SOUND, USHERS, MUSICIANS, AND MANY OTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL STATEMENTS REVIEWED AT BOARD MEETING PRIOR TO PREPARATION OF 990 BASED ON THOSE STATEMENTS. NONFINANCIAL DATA INCLUDING ANSWERS TO QUESTIONS ASKED ON THE 990 ARE REVIEWED BY DESIGNATED OFFICER(S) PRIOR TO SUBMISSION OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalAssetsEOYAmt0210976
IRS990/TotalAssetsGrp/BOYAmt0191766
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IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120544
IRS990/TotalFunctionalExpensesGrp/TotalAmt0124523
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0742
IRS990/TotalLiabilitiesGrp/BOYAmt01816
IRS990/TotalLiabilitiesGrp/EOYAmt0742
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0189950
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0210234
IRS990/TotalProgramServiceExpensesAmt0120544
IRS990/TotalProgramServiceRevenueAmt026902
IRS990/TotalRevenueGrp/ExclusionAmt033682
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01571
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0144807
IRS990/TotalVolunteersCnt085
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049548
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.MASTERARTS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MIEDEMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06164551001
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTER ARTS THEATRE
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0382600719
ReturnHeader/Filer/PhoneNum06164551001
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YFF & SCHOLMA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0688 CASCADE WEST PKWY SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049546
ReturnHeader/PreparerPersonGrp/PhoneNum06169426530
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A COOK CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-07-12T14:25:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.74$0.06$2.69$3.31$2.69$0.62
2023Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$1.84$1.97$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$1.31$1.86$0.56
2021Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$1.93$1.28$0.65
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.01$2.10$1.45$1.25$0.20
2019Detailed filing. Detailed filing data is available for this year.$1.92$0.02$1.90$2.24$2.44$0.20
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.03$2.10$2.18$2.24$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.20$0.03$2.17$2.17$2.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.28$0.03$2.25$1.97$2.05$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.55$0.21$2.34$1.93$1.44$0.49
2014Detailed filing. Detailed filing data is available for this year.$2.44$0.59$1.85$1.88$1.50$0.38
2013Detailed filing. Detailed filing data is available for this year.$2.18$0.71$1.47$1.62$1.44$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.85$1.29$1.52$1.53$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.98$1.30$1.78$1.51$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$1.08$1.02$1.46$1.53$0.07