Civic Intelligence

Lakeshore Wind Ensemble Association Inc.

990 • Fiscal year 2021 • EIN 39-1601172

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 01, 2021

705 Viebahn StManitowoc, WI 54220-6601

(920) 242-1985

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

70th percentile

25%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$951,444

Up $190,912 (+25%) from 2020

Net Assets

Up

$951,444

Up $190,912 (+25%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$78,178

Down $11,911 (-13%) from 2020

Expenses

Down

$13,349

Down $40,863 (-75%) from 2020

Net Income

Up

$64,829

Up $28,952 (+81%) from 2020

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 2011: $461,213Liabilities 2011: $02011Assets 2012: $476,953Liabilities 2012: $02012Assets 2013: $490,833Liabilities 2013: $02013Assets 2014: $552,167Liabilities 2014: $0Net Assets 2014: $552,1672014Assets 2015: $550,680Liabilities 2015: $0Net Assets 2015: $550,6802015Assets 2016: $554,707Liabilities 2016: $0Net Assets 2016: $554,7072016Assets 2017: $602,886Liabilities 2017: $0Net Assets 2017: $602,8862017Assets 2018: $648,008Liabilities 2018: $0Net Assets 2018: $648,0082018Assets 2019: $709,111Liabilities 2019: $0Net Assets 2019: $709,1112019Assets 2020: $760,532Liabilities 2020: $0Net Assets 2020: $760,5322020Assets 2021: $951,444Liabilities 2021: $0Net Assets 2021: $951,4442021Assets 2022: $831,619Liabilities 2022: $0Net Assets 2022: $831,6192022Assets 2023: $867,180Liabilities 2023: $0Net Assets 2023: $867,1802023Assets 2024: $938,666Liabilities 2024: $0Net Assets 2024: $938,6662024Assets 2025: $1,082,462Liabilities 2025: $0Net Assets 2025: $1,082,4642025

Highlighted filing

2021

Assets$951,444
Liabilities$0
Net Assets$951,444

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $60,385Expenses 2011: $61,391Net Income 2011: -$1,0062011Revenue 2012: $84,548Expenses 2012: $65,020Net Income 2012: $19,5282012Revenue 2013: $48,665Expenses 2013: $71,180Net Income 2013: -$22,5152013Revenue 2014: $87,217Expenses 2014: $89,998Net Income 2014: -$2,7812014Revenue 2015: $70,816Expenses 2015: $53,692Net Income 2015: $17,1242015Revenue 2016: $71,170Expenses 2016: $56,485Net Income 2016: $14,6852016Revenue 2017: $70,057Expenses 2017: $55,626Net Income 2017: $14,4312017Revenue 2018: $100,938Expenses 2018: $68,886Net Income 2018: $32,0522018Revenue 2019: $107,429Expenses 2019: $60,503Net Income 2019: $46,9262019Revenue 2020: $90,089Expenses 2020: $54,212Net Income 2020: $35,8772020Revenue 2021: $78,178Expenses 2021: $13,349Net Income 2021: $64,8292021Revenue 2022: $106,877Expenses 2022: $63,337Net Income 2022: $43,5402022Revenue 2023: $95,075Expenses 2023: $84,620Net Income 2023: $10,4552023Revenue 2024: $90,672Expenses 2024: $88,743Net Income 2024: $1,9292024Revenue 2025: $126,334Expenses 2025: $85,168Net Income 2025: $41,1662025

Highlighted filing

2021

Revenue$78,178
Expenses$13,349
Net Income$64,829
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 1, 2021
Return Version
2020v4.0
Gross Receipts
$78,178
Mission and Program Overview

Mission

The Mission of the Lakeshore Wind Ensemble Association is to support and enrich the musical arts in the lakeshore community through scholarship programs youth and community outreach and live performances by the Lakeshore Wind Ensemble and Lakeshore Big Band

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$756,466$930,241▲ $173,775
Cash and Non-Interest-Bearing Accounts$1,213$18,941▲ $17,728
Savings and Temporary Cash Investments$1,537$1,539▲ $2
Land, Buildings, and Equipment, Net$1,316$723▼ $593
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
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$760,532$951,444▲ $190,912
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$420,532$601,444▲ $180,912
Net Assets With Donor Restrictions$340,000$350,000▲ $10,000
Total Net Assets Fund Balance$760,532$951,444▲ $190,912
Total Liabilities and Net Assets / Fund Balance$760,532$951,444▲ $190,912

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$723$593$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$756,466$10,000▲ $169,975$6,200$930,241
2019$705,867$20,000▲ $45,599$11,750$756,466
2018$646,228$25,000▲ $50,614$15,975$705,867
2017$602,898$20,000▲ $39,330$11,000$646,228
2016$551,177$0▲ $55,821$4,100$602,898
Compensation and Service Providers

Board Members and Trustees

NameTitle
David SchererPresident
Dawn PitzenVice President
Mark KlaiberMember at Large
Richard LuchsingerMember at Large
Stephanie FarrSecretary
Nancy LeighTreasurer
Kathleen GalasVP Community Relations
Revenue and Support

Revenue Composition

Contributions and Grants
$34,877
Program Service Revenue
$0
Investment Income
$43,301
Other Revenue
$0
All Other Contributions
$34,877
Change in Net Assets
$64,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$9,463$0$9,463
Office Expenses$0$2,817$0$2,817
Insurance$0$602$0$602
Advertising$0$467$0$467
Total Functional Expenses$0$13,349$0$13,349
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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
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

Part VI, Line 2

| Employee:, Relationship:, Employee:| Nancy Leigh, Family Relationship, Richard Luchsinger|

Part VI, Section B, Line 11B

No review was or will be conducted

Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Lakeshore Wind Ensemble Association Inc
EIN
39-1601172
In Care Of
% David Scherer
Address
705 VIEBAHN ST, MANITOWOC, WI 54220-6601

Signing Officer

Name
Nancy Leigh
Title
Treasurer
Signed
2021-11-01
Discuss with paid preparer
No

Organization Details

Formed
1987
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10
Supplemental Narrative

Additional Explanations

Part V, line 3B

no taxable gross income

Financial Statement Notes

Part V, line 4

Scholarships support the Lakeshore Wind Ensemble

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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0126083
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0420532
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0601444
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02817
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt02817
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0David Scherer
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt036989
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt029464
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt035906
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt023636
IRS990/PYRevenuesLessExpensesAmt035877
IRS990/PYSalariesCompEmpBnftPaidAmt018306
IRS990/PYTotalExpensesAmt054212
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt090089
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt064829
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01537
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01539
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034877
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt036989
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt035083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014807
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0160391
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt043301
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029465
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt035852
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt025818
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019604
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0154040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt023636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt031782
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt040267
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt035656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0131341
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt043301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029465
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt035852
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt025818
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019604
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0154040
IRS990ScheduleA/InvestmentIncomeCYPct00.31496
IRS990ScheduleA/InvestmentIncomePYPct00.309
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt043301
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt043301
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.59650
IRS990ScheduleA/PublicSupportPY509Pct00.54
IRS990ScheduleA/PublicSupportTotal509Amt0291732
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt034877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt060625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt070417
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt075350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt050463
IRS990ScheduleA/Total509Grp/TotalAmt0291732
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0121479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt090090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0106269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0101168
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt070067
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0489073
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

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$0.13$0.09$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.09$0.09$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.10$0.08$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.11$0.06$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.08$0.01$0.06
2020Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$0.09$0.05$0.04
2019Summary only. Only limited summary data is available for this year.$0.71$0.00$0.71$0.11$0.06$0.05
2018Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.10$0.07$0.03
2017Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.07$0.06$0.01
2016Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.07$0.06$0.01
2015Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.07$0.05$0.02
2014Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.09$0.09$0.00
2013Summary only. Only limited summary data is available for this year.$0.49$0.00$0.05$0.07$0.02
2012Summary only. Only limited summary data is available for this year.$0.48$0.00$0.08$0.07$0.02
2011Summary only. Only limited summary data is available for this year.$0.46$0.00$0.06$0.06$0.00