Civic Intelligence

Center for the Visual Arts Inc.

990EZ • Fiscal year 2020 • EIN 39-1410122

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 13, 2021

427 4th StreetWausau, WI 54403-5420

(715) 842-4545

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.06x

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

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

Net Margin

47th percentile

3.4%

Higher net margin than 47% of similar nonprofits.

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

Top Officer Pay

88th percentile

$35,940

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 25.3% of source-year revenue.

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

Asset Growth

29th percentile

-8.3%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

49th percentile

-15%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Down

$291,837

Down $26,376 (-8.3%) from 2019

Net Assets

Down

$283,446

Down $31,392 (-10.0%) from 2019

Liabilities

Up

$8,391

Up $5,016 (+149%) from 2019

Revenue

Down

$141,927

Down $25,055 (-15%) from 2019

Expenses

Down

$137,096

Down $50,379 (-27%) from 2019

Net Income

Up

$4,831

Up $25,324 (+124%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $56,151Liabilities 2011: $18,5202011Assets 2012: $71,977Liabilities 2012: $18,5212012Assets 2013: $82,212Liabilities 2013: $16,932Net Assets 2013: $65,2802013Assets 2014: $90,735Liabilities 2014: $16,9142014Assets 2015: $215,820Liabilities 2015: $1,767Net Assets 2015: $214,0532015Assets 2016: $234,818Liabilities 2016: $2,096Net Assets 2016: $232,7222016Assets 2017: $326,639Liabilities 2017: $3,120Net Assets 2017: $323,5192017Assets 2018: $335,420Liabilities 2018: $89Net Assets 2018: $335,3312018Assets 2019: $318,213Liabilities 2019: $3,375Net Assets 2019: $314,8382019Assets 2020: $291,837Liabilities 2020: $8,391Net Assets 2020: $283,4462020Assets 2021: $365,732Liabilities 2021: $16,032Net Assets 2021: $349,7002021Assets 2022: $350,060Liabilities 2022: $48,127Net Assets 2022: $301,9332022Assets 2023: $348,105Liabilities 2023: $174Net Assets 2023: $347,9312023Assets 2024: $400,079Liabilities 2024: $157Net Assets 2024: $399,9222024

Highlighted filing

2020

Assets$291,837
Liabilities$8,391
Net Assets$283,446

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $149,616Expenses 2011: $157,986Net Income 2011: -$8,3702011Revenue 2012: $171,334Expenses 2012: $155,509Net Income 2012: $15,8252012Revenue 2013: $189,539Expenses 2013: $177,715Net Income 2013: $11,8242013Revenue 2014: $162,565Expenses 2014: $154,024Net Income 2014: $8,5412014Revenue 2015: $290,164Expenses 2015: $149,932Net Income 2015: $140,2322015Revenue 2016: $184,147Expenses 2016: $165,478Net Income 2016: $18,6692016Revenue 2017: $230,471Expenses 2017: $139,674Net Income 2017: $90,7972017Revenue 2018: $202,315Expenses 2018: $190,503Net Income 2018: $11,8122018Revenue 2019: $166,982Expenses 2019: $187,475Net Income 2019: -$20,4932019Revenue 2020: $141,927Expenses 2020: $137,096Net Income 2020: $4,8312020Revenue 2021: $175,612Expenses 2021: $153,475Net Income 2021: $22,1372021Revenue 2022: $192,263Expenses 2022: $200,113Net Income 2022: -$7,8502022Revenue 2023: $198,759Expenses 2023: $200,228Net Income 2023: -$1,4692023Revenue 2024: $322,171Expenses 2024: $293,617Net Income 2024: $28,5542024

Highlighted filing

2020

Revenue$141,927
Expenses$137,096
Net Income$4,831
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 13, 2021
Return Version
2019v5.0
Gross Receipts
$159,955
Mission and Program Overview

Mission

Center for the visual arts (cva) in downtown wausau enhances the vitality and vibrancy of the community, offering art classes, gallery space for exhibits, and community programs. Not for profit art centers like the cva, provide exhibit space for new and cutting edge contemporary artistry with traditional techniques as well as space for music, performance art, art education and a gift shop.

Program Services

DescriptionGrantsExpenses
THE CENTER FOR THE VISUAL ARTS ACHIEVES ITS MISSION THROUGH ART GALLERY SHOWINGS, ART CLASSES FOR INDIVIDUALS OF ALL AGES, AND VARIOUS COMMUNITY PROGRAMS.-$85,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLY PRICEExecutive DiFT$35,940-$35,940
COLLIN RITZINGERPresident-$0--
LYNNE GOETHELVice Preside-$0--
JESSICA TIPPLETreasurer-$0--
JENNIFER HOCKINSecretary-$0--
GRETCHEN KRAYPast Preside-$0--
C ANN DIETRICHDirector-$0--
MARY GALLAGHERDirector-$0--
WENDY FURRERDirector-$0--
BARTHOLOMEW HOBSON MDDirector-$0--
KELLY SEILSDirector-$0--
ANDREA SHERIDANDirector-$0--
AMY STACKDirector-$0--
MADISON HAGERExecutive DiFT$0--
Filing and Contact Details

Filer

Filer Name
Center for the Visual Arts
EIN
39-1410122
Phone
7158424545
Address
427 4TH STREET, WAUSAU, WI 54403-5420

Signing Officer

Name
Madison Hager
Title
Executive Director
Phone
7158424545
Signed
2021-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Kerberrose Sc
Address
115 E 5TH ST, SHAWANO, WI 54166
Preparer
Zachary Linsmeyer CPA
Phone
7155269400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 4,810 total 4,810

Form 990-ez, Part I, Line 16

Expenses advertising 4,538 telephone 1,550 office supplies 13 insurance 3,271 maintenance and equipment 3,908 miscellaneous 5,724 programs 18,869 total 37,873

Form 990-ez, Part I, Line 20

Other increases 4,205 other decreases -40,428 other increase - a review of the organization's financial statements was completed after the 09/30/2019 form 990 was completed. Due to this, there is an adjustment to get equity to agree from the journal entries that were made as part of the review. Other decrease - these are unrealized investment losses on the endowment fund.

Form 990-ez, Part II, Line 24

Endowment fund 250,614 210,186 total 250,614 210,186

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,375 8,391

Form 990-ez, Part III

Center for the visual arts (cva) in downtown wausau enhances the vitality and vibrancy of the community, offering art classes, gallery space for exhibits, and community programs. Not for profit art centers like the cva, provide exhibit space for new and cutting edge contemporary artistry with traditional techniques as well as space for music, performance art, art education and a gift shop.

Raw XML Appendix220 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 4,810 TOTAL 4,810
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 4,538 TELEPHONE 1,550 OFFICE SUPPLIES 13 INSURANCE 3,271 MAINTENANCE AND EQUIPMENT 3,908 MISCELLANEOUS 5,724 PROGRAMS 18,869 TOTAL 37,873
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER INCREASES 4,205 OTHER DECREASES -40,428 OTHER INCREASE - A REVIEW OF THE ORGANIZATION'S FINANCIAL STATEMENTS WAS COMPLETED AFTER THE 09/30/2019 FORM 990 WAS COMPLETED. DUE TO THIS, THERE IS AN ADJUSTMENT TO GET EQUITY TO AGREE FROM THE JOURNAL ENTRIES THAT WERE MADE AS PART OF THE REVIEW. OTHER DECREASE - THESE ARE UNREALIZED INVESTMENT LOSSES ON THE ENDOWMENT FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENDOWMENT FUND 250,614 210,186 TOTAL 250,614 210,186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,375 8,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CENTER FOR THE VISUAL ARTS (CVA) IN DOWNTOWN WAUSAU ENHANCES THE VITALITY AND VIBRANCY OF THE COMMUNITY, OFFERING ART CLASSES, GALLERY SPACE FOR EXHIBITS, AND COMMUNITY PROGRAMS. NOT FOR PROFIT ART CENTERS LIKE THE CVA, PROVIDE EXHIBIT SPACE FOR NEW AND CUTTING EDGE CONTEMPORARY ARTISTRY WITH TRADITIONAL TECHNIQUES AS WELL AS SPACE FOR MUSIC, PERFORMANCE ART, ART EDUCATION AND A GIFT SHOP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MADISON HAGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07158424545
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTER FOR THE VISUAL ARTS
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ReturnHeader/Filer/PhoneNum07158424545
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ZACHARY LINSMEYER CPA
ReturnHeader/ReturnTs02021-08-16T09:58:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$0.00$4.00$3.22$2.94$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.00$3.48$1.99$2.00$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.48$3.02$1.92$2.00$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.66$0.16$3.50$1.76$1.53$0.22
2020Detailed filing. Detailed filing data is available for this year.$2.92$0.08$2.83$1.42$1.37$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.03$3.15$1.67$1.87$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.00$3.35$2.02$1.91$0.12
2017Summary only. Only limited summary data is available for this year.$3.27$0.03$3.24$2.30$1.40$0.91
2016Summary only. Only limited summary data is available for this year.$2.35$0.02$2.33$1.84$1.65$0.19
2015Summary only. Only limited summary data is available for this year.$2.16$0.02$2.14$2.90$1.50$1.40
2014Summary only. Only limited summary data is available for this year.$0.91$0.17$1.63$1.54$0.09
2013Summary only. Only limited summary data is available for this year.$0.82$0.17$0.65$1.90$1.78$0.12
2012Summary only. Only limited summary data is available for this year.$0.72$0.19$1.71$1.56$0.16
2011Summary only. Only limited summary data is available for this year.$0.56$0.19$1.50$1.58$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits