Civic Intelligence

Fine Arts Foundation Inc.

990EZ • Fiscal year 2018 • EIN 39-2018130

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

PO Box 8 - 206 West Avenue SouthWestby, WI 54667

(608) 625-2162

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

60th percentile

8.1%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

48th percentile

0.5%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$319,281

Up $1,619 (+0.5%) from 2017

Net Assets

Up

$319,281

Up $1,619 (+0.5%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$149,183

Up $21,102 (+16%) from 2017

Expenses

Up

$137,052

Up $47,337 (+53%) from 2017

Net Income

Down

$12,131

Down $26,235 (-68%) from 2017

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: $277,030Liabilities 2016: $0Net Assets 2016: $277,0302016Assets 2017: $317,662Net Assets 2017: $317,6622017Assets 2018: $319,281Net Assets 2018: $319,2812018Assets 2019: $270,847Net Assets 2019: $270,8472019Assets 2020: $173,418Net Assets 2020: $173,4182020

Highlighted filing

2018

Assets$319,281
Liabilities-
Net Assets$319,281

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $328,752Expenses 2016: $329,392Net Income 2016: -$6402016Revenue 2017: $128,081Expenses 2017: $89,715Net Income 2017: $38,3662017Revenue 2018: $149,183Expenses 2018: $137,052Net Income 2018: $12,1312018Revenue 2019: $82,875Expenses 2019: $131,309Net Income 2019: -$48,4342019Revenue 2020: $61,856Expenses 2020: $159,285Net Income 2020: -$97,4292020

Highlighted filing

2018

Revenue$149,183
Expenses$137,052
Net Income$12,131
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$151,980
Mission and Program Overview

Mission

Our mission is to promote fine arts in the community. In addition to helping build a performing arts center in westby, wi, we will continue to support the arts and establish an endowment fund for future maintenance needs of the performing arts center.

Program Services

DescriptionGrantsExpenses
OUR ORGANIZATION PROMOTES FINE ARTS ACTIVITIES IN THE COMMUNITY BY PROVIDING PERFORMANCES, DISPLAYS, AND WORKSHOPS, ETC. OUR LONG TERM GOAL IS TO BUILD A PERFORMING ARTS CENTER IN WESTBY, WI. BUILDING HAS BEEN COMPLETED, BUT WE ARE STILL RAISING FUNDS NEEDED TO PAY THE SCHOOL FOR PART OF THE COST.$137,052-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA C DOWLINGPresidentPT$0--
CYNTHIA L BROWNVice-PresidentPT$0--
ANN GIBBONSSecretaryPT$0--
SHARON L EVENSTADTeasurerPT$0--
KRISTINE STRANDDirectorPT$0--
LORI NESTNGENDirectorPT$0--
KAREN IHLE-TRAASTADDirectorPT$0--
MARY CHARLESDirectorPT$0--
REBECCA LIPSKIDirectorPT$0--
MONICA ORBANDirectorPT$0--
VERDA LUNDDirectorPT$0--
ADRIAN HENDRICKSONDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Fine Arts Foundation Inc
EIN
39-2018130
Phone
6086252162
Address
PO BOX 8 - 206 WEST AVENUE SOUTH, WESTBY, WI 54667

Signing Officer

Name
Sharon L Evenstad
Title
Treasurer
Signed
2019-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Evenstad Tax Service LLP
Address
114 S MAIN ST, WESTBY, WI 54667-1329
Preparer
Patricia EvenstadEA
Phone
6086346887
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: WESTBY AREA SCHOOL DISTRICT | Donee's Address: 206 WEST AVE S WESTBY WI 54667 | Cash Amount Given: $131366

Other Expenses.1001

Advertising and Promotion $400

Other Expenses.1012

Insurance $1192

Other Expenses.1

SUPPLIES $610

Other Expenses.2

PROMOTIONAL EVENT $270

Other Expenses.4

DUES & SUBSCRIPTIONS $85

Other Expenses.5

Bank & credit card fees $44

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: WESTBY AREA SCHOOL DISTRICT | Donee's Address: 206 WEST AVE S WESTBY WI 54667 | Cash Amount Given: $131366
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON L EVENSTAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINE ARTS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FINE
ReturnHeader/Filer/EIN0392018130
ReturnHeader/Filer/PhoneNum06086252162
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ReturnHeader/PreparerPersonGrp/PhoneNum06086346887
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patricia EvenstadEA
ReturnHeader/ReturnTs02019-05-10T07:20:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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