Civic Intelligence

Lenawee Council for the Visual Arts

990 • Fiscal year 2022 • EIN 38-3442761

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 15, 2022

PO Box 951Adrian, MI 49221

(517) 759-3005

Siviq Scores

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

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

51st percentile

5.4%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$26,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

58th percentile

6.5%

Faster asset growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

25%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$338,920

Up $20,801 (+6.5%) from 2021

Net Assets

Up

$324,873

Up $22,583 (+7.5%) from 2021

Liabilities

Down

$14,047

Down $1,782 (-11%) from 2021

Revenue

Up

$414,871

Up $83,600 (+25%) from 2021

Expenses

Up

$392,288

Up $166,542 (+74%) from 2021

Net Income

Down

$22,583

Down $82,942 (-79%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $43,284Liabilities 2016: $2,6092016Assets 2017: $102,476Liabilities 2017: $2,5862017Assets 2018: $146,145Liabilities 2018: $8,6872018Assets 2019: $189,397Liabilities 2019: $9,6852019Assets 2020: $215,633Liabilities 2020: $12,622Net Assets 2020: $203,0112020Assets 2021: $318,119Liabilities 2021: $15,829Net Assets 2021: $302,2902021Assets 2022: $338,920Liabilities 2022: $14,047Net Assets 2022: $324,8732022Assets 2023: $332,656Liabilities 2023: $24,351Net Assets 2023: $308,3052023Assets 2024: $311,915Liabilities 2024: $33,804Net Assets 2024: $278,1112024Assets 2025: $326,751Liabilities 2025: $50,026Net Assets 2025: $276,7252025

Highlighted filing

2022

Assets$338,920
Liabilities$14,047
Net Assets$324,873

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $73,756Expenses 2016: $41,955Net Income 2016: $31,8012016Revenue 2017: $115,574Expenses 2017: $56,771Net Income 2017: $58,8032017Revenue 2018: $123,716Expenses 2018: $83,847Net Income 2018: $39,8692018Revenue 2019: $163,884Expenses 2019: $121,629Net Income 2019: $42,2552019Revenue 2020: $222,233Expenses 2020: $198,934Net Income 2020: $23,2992020Revenue 2021: $331,271Expenses 2021: $225,746Net Income 2021: $105,5252021Revenue 2022: $414,871Expenses 2022: $392,288Net Income 2022: $22,5832022Revenue 2023: $317,848Expenses 2023: $334,416Net Income 2023: -$16,5682023Revenue 2024: $315,490Expenses 2024: $345,684Net Income 2024: -$30,1942024Revenue 2025: $346,125Expenses 2025: $336,087Net Income 2025: $10,0382025

Highlighted filing

2022

Revenue$414,871
Expenses$392,288
Net Income$22,583
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 15, 2022
Return Version
2021v4.0
Gross Receipts
$425,400
Mission and Program Overview

Mission

The Lenawee Council for the Visual Arts is organized for educational and charitable purposes. Specifically, the L.C.V.A. is organized to provide opportunities for visual artists in Lenawee County Michigan, to foster pride and involvement in the local community, to develop an audience for the visual arts and to encourage community support for the visual arts, to provide educational opportunities related to the visual arts for local students and to sponsor public art and art exhibits

To provide opportunities for visual artists in Lenawee County Michigan, to foster pride and involvement in the local community, to develop an audience for the visual arts and to provide educational opportunities related to visual arts for local students and to sponsor public art and art exhibits

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$266,388$258,883▼ $7,505
Land, Buildings, and Equipment, Net$51,731$80,037▲ $28,306
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$318,119$338,920▲ $20,801
Liabilities
Deferred Revenue$14,502$12,872▼ $1,630
Accounts Payable and Accrued Expenses$672$1,175▲ $503
Other Liabilities$655--
Grants Payable$0--
Total Liabilities$15,829$14,047▼ $1,782
Net Assets / Fund Balance
Net Assets With Donor Restrictions$158,356$177,686▲ $19,330
Net Assets Without Donor Restrictions$143,934$147,187▲ $3,253
Total Net Assets Fund Balance$302,290$324,873▲ $22,583
Total Liabilities and Net Assets / Fund Balance$318,119$338,920▲ $20,801

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$80,037$4,397$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa NeumanExecutive DirectorPT$26,000$26,000

Board Members and Trustees

NameTitle
Kristine SchmidtPresident
Theresa RupleyVice President
Ashley LaVoyTrustee
James PhilpTrustee
Kenneth ThompsonTrustee
Michael MalarneyTrustee
Paula TrentmanTrustee
Ron FrenzenTrustee
Eric GableSecretary
Michael JacobitzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$317,378
Program Service Revenue
$92,111
Investment Income
$0
Other Revenue
$5,382
All Other Contributions
$288,030
Change in Net Assets
$22,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$349,381
Salaries, Compensation, and Employee Benefits$42,907
Total Fundraising Expense$21,949
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$204,127$52,380$5,868$262,375
Fees for Services Other$28,655$6,971$0$35,626
Current Officers, Directors, Trustees, and Key Employees$2,600$13,000$10,400$26,000
Other Salaries and Wages-$15,434-$15,434
Advertising$9,245$3,200$2,963$15,408
All Other Expenses$3,422$1,377$2,175$6,974
Information Technology-$5,887-$5,887
Depreciation Depletion$3,518$879-$4,397
Office Expenses-$3,083-$3,083
Other Expenses$2,127$0$0$2,127
Payroll Taxes-$1,473-$1,473
Insurance$1,234--$1,234
Total Functional Expenses$266,384$103,955$21,949$392,288
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
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, Part VI, Section A, Line 6

The organization has approximately 130 members and collects dues from those members. Memberships are available at various levels and include "Supporting" members who are invited to events and gallery opening, "Exhibiting" members who are eligible to participate in various art exhibits, and "Resident" members who may use space in the various studios. Members do not have any voting privileges. Control of the organization rests with the Board of Trustees.

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The Board of Trustees review a draft of the 990 each year at either their August or September meeting, prior to its being finalized and submitted.

Form 990, Part VI, Section B, Line 12C

Board members have all read and signed the Conflict of Interest Policy and the Policy is reviewed with/by the Board annually

Form 990, Part VI, Section B, Line 15

The organization has only one key employee. Her compensation was discussed in detail by the Board and its executive committee and comparisons were made to similarly situated persons at similar organizations

Form 990, Part VI, Section C, Line 19

Copies of the organization's governing documents, policies and completed form 990 are filed at the Adrian Center for the Arts office (1365 N Main St., Bldg 46, Adrian, MI 4922) and are available upon request

Form 990, Part VII, Section A, Line 1A

No current or former officers or directors are paid or compensated in any manner. No employee or independent contractor is paid more than $50,000 annually.

Form 990, Part VII, Section B, Line 1(A)

No contractors were paid more than $100,000

Filing and Contact Details

Filer

Filer Name
Lenawee Council for the Visual Arts
EIN
38-3442761
Phone
5177593005
Address
PO Box 951, Adrian, MI 49221
Doing Business As
Adrian Center for the Arts

Signing Officer

Name
Michael Jacobitz
Title
Treasurer
Phone
5172639548
Signed
2022-08-15

Organization Details

Principal Officer
Kristine Schmidt
Formed
1998
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program services include: Instructor stipends for regular courses: $13,964, Instructor stipends for youth programs: $5,322, Instructor stipends for special programs: $4,969, and $4,400 for studio technicians. Management and general expenses include $800 for the campus registrar and $6,171 in bank and credit card fees.

Form 990, Part IX, Line 16

Occupancy: Rent $75,000, Leaseholder Improvements: $145,016 (see also comments on Schedule D, Part VI, Line 1c), Utilities: $32,289, Furnishings: $2,865, Property Insurance: $2,012, Other: $8,059

Form 990, Part X, Line 17

Accounts payable and accrued expenses: Gift Certificates Outstanding: $320, Members Payable (Gallery Sales): $98, Payroll Tax Liabilities: Federal Tax: $211, Michigan Income Tax: $317, Michigan Unemployment Tax: $106

Financial Statement Notes

Schedule D, Part VI, Line 1C

The organization has made over $145,000 in leaseholder improvements during the fiscal year. We do not own the building to which these improvements have been made and therefore none of the improvements have been capitalized and therefore are not included as balance sheet assets.

Schedule D, Part VI, Line 1D

In the past the organization has not accounted for depreciation. Beginning this FY, depreciation was calculated as 10% of the value of capitalize equipment as of July 1, 2021.

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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05887
IRS990/InformationTechnologyGrp/TotalAmt05887
IRS990/InsuranceGrp/ProgramServicesAmt01234
IRS990/InsuranceGrp/TotalAmt01234
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
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IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04397
IRS990/LandBldgEquipBasisNetGrp/BOYAmt051731
IRS990/LandBldgEquipBasisNetGrp/EOYAmt080037
IRS990/LandBldgEquipCostOrOtherBssAmt084434
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt05150
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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IRS990/MissionDesc0The Lenawee Council for the Visual Arts is organized for educational and charitable purposes. Specifically, the L.C.V.A. is organized to provide opportunities for visual artists in Lenawee County Michigan, to foster pride and involvement in the local community, to develop an audience for the visual arts and to encourage community support for the visual arts, to provide educational opportunities related to the visual arts for local students and to sponsor public art and art exhibits
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0324873
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IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
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IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04772
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt04772
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0143934
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0147187
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt05868
IRS990/OccupancyGrp/ManagementAndGeneralAmt052380
IRS990/OccupancyGrp/ProgramServicesAmt0204127
IRS990/OccupancyGrp/TotalAmt0262375
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03083
IRS990/OfficeExpensesGrp/TotalAmt03083
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Studio Supplies & Materials
IRS990/OtherExpensesGrp/Desc1Postage & Mailing
IRS990/OtherExpensesGrp/Desc2Printing & Copying
IRS990/OtherExpensesGrp/Desc3Gallery Operations
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1150
IRS990/OtherExpensesGrp/FundraisingAmt2393
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt174
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2197
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt010913
IRS990/OtherExpensesGrp/ProgramServicesAmt1150
IRS990/OtherExpensesGrp/ProgramServicesAmt2393
IRS990/OtherExpensesGrp/ProgramServicesAmt32127
IRS990/OtherExpensesGrp/TotalAmt010913
IRS990/OtherExpensesGrp/TotalAmt1374
IRS990/OtherExpensesGrp/TotalAmt2983
IRS990/OtherExpensesGrp/TotalAmt32127
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IRS990/OtherRevenueMiscGrp/Desc0Sales Tax Refund - State of Michigan
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous Reimbursements
IRS990/OtherRevenueMiscGrp/Desc2Other Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0338
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1113
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2159
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1113
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2159
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt0610
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015434
IRS990/OtherSalariesAndWagesGrp/TotalAmt015434
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01473
IRS990/PayrollTaxesGrp/TotalAmt01473
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Kristine Schmidt
IRS990/PriorPeriodAdjustmentsAmt00
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IRS990/ProgramServiceRevenueGrp/Desc0Studio Fees
IRS990/ProgramServiceRevenueGrp/Desc1Course Fees & Class Registrations
IRS990/ProgramServiceRevenueGrp/Desc2Special Projects & Exhibits
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt029542
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt161045
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt161045
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21524
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0The organization offers course instruction to both adults and children in a variety of visual arts media, including ceramics, drawing, painting, glass, printmaking and sculpture. Approximately 275 course contacts were made. Also offered was a three-day professional development workshop to assist Michigan art teachers to maintain their public school art certification
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt073854
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt061045
IRS990/ProgSrvcAccomActy3Grp/Desc0The organization provides a variety of open houses and special events designed to make community members aware of art opportunities in the area and to expose the population to the visual arts. These events include a summer and winter open house and a number of gallery openings and receptions. The organization also engaged in community outreach activities. The organization offered a number of art therapy workshops for students of all ages to learn how art has been or can be used as a tool to help overcome anxiety from isolation and disconnection created due to COVID. Resulting work from these sessions and from free classes offered to front-line workers were exhibited in the Gallery. Masks were decorated by a wide range of the community with what they felt had helped them through COVID. The installation work debuted 100 masks and will continue to the Artalicious Fine Arts Fair untill we have 200-250 masks.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt032963
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01524
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0262624
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IRS990/PYGrantsAndSimilarPaidAmt01100
IRS990/PYInvestmentIncomeAmt0200
IRS990/PYOtherExpensesAmt0189892
IRS990/PYOtherRevenueAmt06938
IRS990/PYProgramServiceRevenueAmt061509

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