Civic Intelligence

Mabel Tainter Literary Library & Educational Society

990 • Fiscal year 2016 • EIN 39-0806184

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

205 Main Street EastMenomonie, WI 54751

(715) 235-9726

Siviq Scores

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

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.35x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

28th percentile

-3.3%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2016

Revenue Growth

81st percentile

26%

Faster revenue growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2016

Assets

Down

$4,996,571

Down $537,110 (-9.7%) from 2013

Net Assets

Down

$4,846,168

Down $281,178 (-5.5%) from 2013

Liabilities

Down

$150,403

Down $255,932 (-63%) from 2013

Revenue

Up

$424,771

Up $214,337 (+102%) from 2013

Expenses

Up

$591,429

Up $446,674 (+309%) from 2013

Net Income

Down

-$166,658

Down $232,337 (-354%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,264,461Liabilities 2010: $327,802Net Assets 2010: $4,936,6592010Assets 2011: $5,239,891Liabilities 2011: $318,248Net Assets 2011: $4,921,6432011Assets 2012: $5,398,310Liabilities 2012: $384,522Net Assets 2012: $5,013,7882012Assets 2013: $5,533,681Liabilities 2013: $406,335Net Assets 2013: $5,127,3462013Assets 2016: $4,996,571Liabilities 2016: $150,403Net Assets 2016: $4,846,1682016Assets 2017: $4,889,696Liabilities 2017: $139,572Net Assets 2017: $4,750,1242017Assets 2018: $4,713,370Liabilities 2018: $122,583Net Assets 2018: $4,590,7872018Assets 2019: $4,580,235Liabilities 2019: $109,221Net Assets 2019: $4,471,0142019Assets 2020: $4,512,381Liabilities 2020: $123,221Net Assets 2020: $4,389,1602020Assets 2021: $4,637,206Liabilities 2021: $96,615Net Assets 2021: $4,540,5912021Assets 2022: $4,504,783Liabilities 2022: $82,627Net Assets 2022: $4,422,1562022Assets 2023: $4,624,527Liabilities 2023: $58,497Net Assets 2023: $4,566,0302023Assets 2024: $4,647,848Liabilities 2024: $52,767Net Assets 2024: $4,595,0812024

Highlighted filing

2016

Assets$4,996,571
Liabilities$150,403
Net Assets$4,846,168

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $297,8762010Expenses 2011: $287,3752011Expenses 2012: $178,1192012Revenue 2013: $210,434Expenses 2013: $144,755Net Income 2013: $65,6792013Revenue 2016: $424,771Expenses 2016: $591,429Net Income 2016: -$166,6582016Revenue 2017: $504,640Expenses 2017: $632,110Net Income 2017: -$127,4702017Revenue 2018: $451,514Expenses 2018: $581,137Net Income 2018: -$129,6232018Revenue 2019: $511,075Expenses 2019: $667,368Net Income 2019: -$156,2932019Revenue 2020: $367,236Expenses 2020: $472,636Net Income 2020: -$105,4002020Revenue 2021: $653,036Expenses 2021: $549,755Net Income 2021: $103,2812021Revenue 2022: $845,465Expenses 2022: $899,256Net Income 2022: -$53,7912022Revenue 2023: $913,376Expenses 2023: $803,771Net Income 2023: $109,6052023Revenue 2024: $980,742Expenses 2024: $1,019,135Net Income 2024: -$38,3932024

Highlighted filing

2016

Revenue$424,771
Expenses$591,429
Net Income-$166,658
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$530,795
Mission and Program Overview

Mission

Mabel tainter center for the arts offers year-round, high-quality, professional performing arts programming an annual fine arts and crafts fair a gallery store featuring the work of local visual artists, writers, and musicians outreach progamming for children.

The organization strives to strengthen and connect our community by engaging people in the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,804,304$4,643,374▼ $160,930
Investments Other Securities$238,728$248,976▲ $10,248
Cash and Non-Interest-Bearing Accounts$151,334$104,221▼ $47,113
Inventories for Sale or Use$825$0▼ $825
Total Assets$5,195,191$4,996,571▼ $198,620
Liabilities
Mortgage Notes Payable Secured by Investment Property$176,994$100,000▼ $76,994
Deferred Revenue$0$38,057▲ $38,057
Accounts Payable and Accrued Expenses$0$12,346▲ $12,346
Total Liabilities$176,994$150,403▼ $26,591
Net Assets / Fund Balance
Unrestricted Net Assets$4,994,516$4,822,487▼ $172,029
Temporarily Rstr Net Assets$23,681$23,681→ $0
Total Net Assets Fund Balance$5,018,197$4,846,168▼ $172,029
Total Liabilities and Net Assets / Fund Balance$5,195,191$4,996,571▼ $198,620

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,594,188$1,551,186-
Other Land Buildings$0$13,000-
Equipment$12,859$494,561-
Leasehold Improvements$36,327$68,388-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$23,681---$23,681
2015$23,681---$23,681
2014$23,681---$23,681
2013$23,681---$23,681
2012$23,681---$23,681
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marni WaznickPresident
Dr Hank SimpsonVice President
Andrew MercilDirector
Craig AndersonDirector
Debbie MeyerDirector
Jerilyn KindermanDirector
Joel BelewDirector
Mark JohnsonDirector
Mark R JohnsonDirector
Melissa KneelandDirector
Michelle DingwallDirector
Nancy Blum-cummingDirector
Pat AveryDirector
Paul McnallyDirector
Ursula BergerDirector
Judy FoustSecretary
Bill ButsicTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,321
Program Service Revenue
$224,075
Investment Income
$5,827
Other Revenue
$7,548
All Other Contributions
$119,321
Change in Net Assets
$-166,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$477,250
Salaries, Compensation, and Employee Benefits$114,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$166,778-$166,778
Other Salaries and Wages-$55,525-$55,525
Current Officers, Directors, Trustees, and Key Employees-$50,000-$50,000
Advertising-$47,598-$47,598
Occupancy-$41,349-$41,349
Office Expenses-$39,310-$39,310
Insurance-$24,341-$24,341
Fees for Services Accounting-$13,672-$13,672
Payroll Taxes-$8,654-$8,654
Other Expenses$99,472$7,169-$7,169
Interest-$4,352-$4,352
Fees for Service Investment Mgmnt Fees-$2,265-$2,265
Travel-$1,081-$1,081
Total Functional Expenses$99,472$491,957$0$591,429
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
No
Audit committee
No
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
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, Part VI, Section B, line 11B

The board officers review the 990 before the return is filed.

Form 990, Part VI, Section C, line 19

The organization provides this informaton upon request

Filing and Contact Details

Filer

Filer Name
Mabel Tainter Literary Library
EIN
39-0806184
Phone
7152359726
Address
205 Main Street East, Menomonie, WI 54751

Signing Officer

Name
Steve Renfree
Title
Executive Director
Phone
7152359726
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Renfree
Formed
1890
Legal Domicile
Wi
Voting Board Members
17
Independent Board Members
17
Employees
12
Volunteers
0

Preparer

Firm
Wipfli LLP
Address
3703 Oakwood Hills Pkwy, Eau Claire, WI 54701
Preparer
James W Yaeger CPA
Phone
7158323407
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization adopted ACS Topic 740-10, accounting for Uncertainty in Income Taxes, during 2010. ASC Topic 740-10 requires organizations to determine whether it is more likely than not that a tax position will be sustained upon examination of the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The Organization recorded no asset or liabilities for uncertain tax positions or unrecognized tax benefits in 2013 or 2012.

Raw XML AppendixShowing 400 of 501 raw XML fields

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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IRS990/MissionDesc0Mabel Tainter Center for the Arts offers year-round, high-quality, professional performing arts programming; an annual Fine Arts and Crafts Fair; a Gallery Store, featuring the work of local visual artists, writers, and musicians; outreach programming for children; arts exhibitions; and literary arts programming.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01004
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt06700
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt041349
IRS990/OccupancyGrp/TotalAmt041349
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt039310
IRS990/OfficeExpensesGrp/TotalAmt039310
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029863
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17169
IRS990/OtherExpensesGrp/ProgramServicesAmt099472
IRS990/OtherExpensesGrp/TotalAmt099472
IRS990/OtherExpensesGrp/TotalAmt129863
IRS990/OtherExpensesGrp/TotalAmt27169
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06544
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IRS990/OtherRevenueTotalAmt06544
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055525
IRS990/OtherSalariesAndWagesGrp/TotalAmt055525
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08654
IRS990/PayrollTaxesGrp/TotalAmt08654
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Steve Renfree
IRS990/PriorPeriodAdjustmentsAmt0-12071
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0224075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224075
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PRESERVATION OF AND FURTHERANCE OF THE ARTS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0200587
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020617
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IRS990/PYOtherRevenueAmt05161
IRS990/PYProgramServiceRevenueAmt0182552
IRS990/PYRevenuesLessExpensesAmt0-140872
IRS990/PYSalariesCompEmpBnftPaidAmt0107425
IRS990/PYTotalExpensesAmt0549789
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0408917
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-166658
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0357665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0190584
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0203666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01139823
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05180
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020617
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07391
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034682
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt083292
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020617
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034682
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt083292
IRS990ScheduleA/InvestmentIncomeCYPct00.06810
IRS990ScheduleA/InvestmentIncomePYPct00.11210
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93190
IRS990ScheduleA/PublicSupportPY509Pct00.88790
IRS990ScheduleA/PublicSupportTotal509Amt01139823
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0200587
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0190584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0203666
IRS990ScheduleA/Total509Grp/TotalAmt01139823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0192501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0221204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0365056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0206006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0238348
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01223115
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04594188
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01551186
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06145374
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt023681
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt023681
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt023681
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt023681
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt023681
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt023681
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt023681
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt023681
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt023681
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt023681
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0494561
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0507420
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt036327
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt068388
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0104715
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013000
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt013000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization adopted ACS Topic 740-10, accounting for Uncertainty in Income Taxes, during 2010. ASC Topic 740-10 requires organizations to determine whether it is more likely than not that a tax position will be sustained upon examination of the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The Organization recorded no asset or liabilities for uncertain tax positions or unrecognized tax benefits in 2013 or 2012.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.65$0.05$4.60$0.98$1.02$0.04
2023Detailed filing. Detailed filing data is available for this year.$4.62$0.06$4.57$0.91$0.80$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.50$0.08$4.42$0.85$0.90$0.05
2021Detailed filing. Detailed filing data is available for this year.$4.64$0.10$4.54$0.65$0.55$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.51$0.12$4.39$0.37$0.47$0.11
2019Detailed filing. Detailed filing data is available for this year.$4.58$0.11$4.47$0.51$0.67$0.16
2018Detailed filing. Detailed filing data is available for this year.$4.71$0.12$4.59$0.45$0.58$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.89$0.14$4.75$0.50$0.63$0.13
2016Detailed filing. Detailed filing data is available for this year.$5.00$0.15$4.85$0.42$0.59$0.17
2013Detailed filing. Detailed filing data is available for this year.$5.53$0.41$5.13$0.21$0.14$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$0.38$5.01$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.32$4.92$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.26$0.33$4.94$0.30