Civic Intelligence

River Raisin Centre for the Arts Inc.

990 • Fiscal year 2016 • EIN 38-2770326

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

114 S Monroe SteetMonroe, MI 48161-2233

(734) 242-7722

Siviq Scores

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

Liabilities / Assets

88th percentile

0.68x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.73x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

24th percentile

-7.8%

Higher net margin than 24% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$48,808

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

23rd percentile

-5.7%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

-1.4%

Faster revenue growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$509,243

Down $30,637 (-5.7%) from 2015

Net Assets

Down

$163,594

Down $37,131 (-18%) from 2015

Liabilities

Up

$345,649

Up $6,494 (+1.9%) from 2015

Revenue

Down

$474,476

Down $6,851 (-1.4%) from 2015

Expenses

Up

$511,607

Up $35,722 (+7.5%) from 2015

Net Income

Down

-$37,131

Down $42,573 (-782%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $786,885Liabilities 2010: $699,290Net Assets 2010: $87,5952010Assets 2011: $604,741Liabilities 2011: $441,133Net Assets 2011: $163,6082011Assets 2012: $607,482Liabilities 2012: $368,830Net Assets 2012: $238,6522012Assets 2013: $567,482Liabilities 2013: $365,616Net Assets 2013: $201,8662013Assets 2014: $542,208Liabilities 2014: $346,925Net Assets 2014: $195,2832014Assets 2015: $539,880Liabilities 2015: $339,155Net Assets 2015: $200,7252015Assets 2016: $509,243Liabilities 2016: $345,649Net Assets 2016: $163,5942016Assets 2017: $865,836Liabilities 2017: $335,067Net Assets 2017: $530,7692017Assets 2018: $787,608Liabilities 2018: $319,734Net Assets 2018: $467,8742018Assets 2019: $769,729Liabilities 2019: $270,305Net Assets 2019: $499,4242019Assets 2020: $747,252Liabilities 2020: $291,979Net Assets 2020: $455,2732020Assets 2021: $798,559Liabilities 2021: $358,857Net Assets 2021: $439,7022021Assets 2022: $768,905Liabilities 2022: $208,659Net Assets 2022: $560,2462022Assets 2023: $727,639Liabilities 2023: $206,522Net Assets 2023: $521,1172023Assets 2024: $1,078,228Liabilities 2024: $521,670Net Assets 2024: $556,5582024Assets 2025: $1,009,399Liabilities 2025: $499,653Net Assets 2025: $509,7462025

Highlighted filing

2016

Assets$509,243
Liabilities$345,649
Net Assets$163,594

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $386,104Expenses 2010: $439,153Net Income 2010: -$53,0492010Expenses 2011: $445,8662011Expenses 2012: $422,4852012Revenue 2013: $467,828Expenses 2013: $504,614Net Income 2013: -$36,7862013Revenue 2014: $489,672Expenses 2014: $496,255Net Income 2014: -$6,5832014Revenue 2015: $481,327Expenses 2015: $475,885Net Income 2015: $5,4422015Revenue 2016: $474,476Expenses 2016: $511,607Net Income 2016: -$37,1312016Revenue 2017: $667,886Expenses 2017: $491,857Net Income 2017: $176,0292017Revenue 2018: $551,105Expenses 2018: $614,000Net Income 2018: -$62,8952018Revenue 2019: $554,315Expenses 2019: $522,765Net Income 2019: $31,5502019Revenue 2020: $475,500Expenses 2020: $519,651Net Income 2020: -$44,1512020Revenue 2021: $414,461Expenses 2021: $430,032Net Income 2021: -$15,5712021Revenue 2022: $609,095Expenses 2022: $488,551Net Income 2022: $120,5442022Revenue 2023: $538,878Expenses 2023: $578,007Net Income 2023: -$39,1292023Revenue 2024: $580,269Expenses 2024: $529,743Net Income 2024: $50,5262024Revenue 2025: $512,082Expenses 2025: $570,552Net Income 2025: -$58,4702025

Highlighted filing

2016

Revenue$474,476
Expenses$511,607
Net Income-$37,131
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$493,674
Mission and Program Overview

Mission

Provide cultural events to the community

Provide cultural events to the community by promoting events in the theater and to raise money to continue ongoing revovation of the theater

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$504,453$480,724▼ $23,729
Rtn Earn Endowment Incm Other Fnds$200,725$163,594▼ $37,131
Cash and Non-Interest-Bearing Accounts$35,427$28,519▼ $6,908
Total Assets$539,880$509,243▼ $30,637
Liabilities
Mortgage Notes Payable Secured by Investment Property$308,306$286,616▼ $21,690
Accounts Payable and Accrued Expenses$30,849$59,033▲ $28,184
Total Liabilities$339,155$345,649▲ $6,494
Net Assets / Fund Balance
Total Net Assets Fund Balance$200,725$163,594▼ $37,131
Total Liabilities and Net Assets / Fund Balance$539,880$509,243▼ $30,637

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$460,724$576,035-
Land$20,000--
Equipment-$21,252-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Calley DuffeyAssoc. Exec DirectorFT$48,808$48,808
William TrappExecutive DirectorFT$38,000$38,000

Board Members and Trustees

NameTitle
Dennis MillerPresident
David ZewickyVice-President
David ZewickyDirector
Sean JorgensenDirector
Stefani McleodDirector
Susan VanisackerDirector
Lynn FedewaSecretary
Terry NiselyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$64,863
Program Service Revenue
$400,543
Investment Income
$0
Other Revenue
$9,070
All Other Contributions
$64,863
Change in Net Assets
$-37,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$389,583
Salaries, Compensation, and Employee Benefits$122,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$253,153$0$0$253,153
Current Officers, Directors, Trustees, and Key Employees$86,808$0$0$86,808
Occupancy$70,661$0$0$70,661
Other Salaries and Wages$25,172$0$0$25,172
Depreciation Depletion$23,729$0$0$23,729
Interest$15,012$0$0$15,012
Payroll Taxes$10,044$0$0$10,044
Advertising$8,070$0$0$8,070
Other Expenses$4,996$0$0$4,996
Office Expenses$3,489$0$0$3,489
Insurance$2,789$0$0$2,789
Fees for Services Accounting$1,375$0$0$1,375
Conferences and Meetings$838$0$0$838
Total Functional Expenses$511,607$0$0$511,607
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,210
Fundraising Direct Expenses$8,783
Professional Fundraising Fees$0
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
Yes
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
Filing and Contact Details

Filer

Filer Name
River Raisin Centre for the Arts Inc
EIN
38-2770326
Phone
7342427722
Address
114 S MONROE STEET, MONROE, MI 48161-2233

Signing Officer

Name
Calley Duffey
Title
Associate Director
Phone
7342427722
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
100

Preparer

Firm
REJ'S ACCOUNTING & TAX SERVICE
Address
13740 DIX TOLEDO ROAD, SOUTHGATE, MI 48195
Preparer
Robert E Jacob Ea
Phone
7342848833
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

board of directors approves 990 before it is filed

Pt VI, Line 12C

annual the board of directors has each director sign that there is no conflict

Pt VI, Line 15A

board of directors annually reviews compensation with market conditions

Pt VI, Line 15B

board of directors annually reviews compensation with market conditions

Pt VI, Line 19

makes available on request and when a potential board director is interviewed.

Pt VI, Line 11B

approves before filed mets and ties to financial statements

Form 990EZ, Part I, Line 8

rental income

Form 990EZ, Part I, Line 8

interest income

Form 990EZ, Part I, Line 16

see list

Form 990EZ, Part II, Line 24

INVESTMENTS

Form 990EZ, Part II, Line 26

CURRENT LIABILITIES

Form 990EZ, Part II, Line 26

LONG TERM LIABILITIES

Form 990EZ, Part II, Line 26

ROUNDING

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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0MIKE TRAPP
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/Desc0PERFORMANCE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATIONAL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0182503
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1218040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0182503
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1218040
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt050155
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0391699
IRS990/PYOtherRevenueAmt05554
IRS990/PYProgramServiceRevenueAmt0425618
IRS990/PYRevenuesLessExpensesAmt05442
IRS990/PYSalariesCompEmpBnftPaidAmt084186
IRS990/PYTotalExpensesAmt0475885
IRS990/PYTotalRevenueAmt0481327
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-37131
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-372
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0474476
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0200725
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0163594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt092846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0104648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt079278
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0391790
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0474476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0431173
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0396826
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0354836
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0345136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02002447
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02394237
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0539339
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0481328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0489672
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0459484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0424414
IRS990ScheduleA/Total509Grp/TotalAmt02394237
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02394237
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0460724
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0576035
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01036759
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021252
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt021252
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt020000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0480724
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0board of directors approves 990 before it is filed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1annual the board of directors has each director sign that there is no conflict
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2board of directors annually reviews compensation with market conditions
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3board of directors annually reviews compensation with market conditions
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4makes available on request and when a potential board director is interviewed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5approves before filed mets and ties to financial statements
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6rental income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7interest income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8see list
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INVESTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CURRENT LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11LONG TERM LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0539880
IRS990/TotalAssetsEOYAmt0509243
IRS990/TotalAssetsGrp/BOYAmt0539880
IRS990/TotalAssetsGrp/EOYAmt0509243
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt064863
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0511607
IRS990/TotalFunctionalExpensesGrp/TotalAmt0511607
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0339155
IRS990/TotalLiabilitiesEOYAmt0345649
IRS990/TotalLiabilitiesGrp/BOYAmt0339155

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.01$0.50$0.51$0.51$0.57$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.52$0.56$0.58$0.53$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.73$0.21$0.52$0.54$0.58$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.21$0.56$0.61$0.49$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.36$0.44$0.41$0.43$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.29$0.46$0.48$0.52$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.27$0.50$0.55$0.52$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.32$0.47$0.55$0.61$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.34$0.53$0.67$0.49$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.35$0.16$0.47$0.51$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.34$0.20$0.48$0.48$0.01
2014Summary only. Only limited summary data is available for this year.$0.54$0.35$0.20$0.49$0.50$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.37$0.20$0.47$0.50$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.37$0.24$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.44$0.16$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.70$0.09$0.39$0.44$0.05