Civic Intelligence

Manitowoc Symphony Orchestra Association Inc.

990 • Fiscal year 2014 • EIN 39-6060498

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 06, 2014

PO Box 606Manitowoc, WI 54221-0606

(920) 684-6940

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

51st percentile

0.05x

Higher debt load relative to revenue than 51% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

53rd percentile

3.2%

Faster asset growth than 53% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-49%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$686,744

Up $21,028 (+3.2%) from 2013

Net Assets

Up

$679,558

Up $15,989 (+2.4%) from 2013

Liabilities

Up

$7,186

Up $5,039 (+235%) from 2013

Revenue

Down

$149,475

Down $142,310 (-49%) from 2013

Expenses

Up

$165,625

Up $14,460 (+9.6%) from 2013

Net Income

Down

-$16,150

Down $156,770 (-111%) from 2013

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 2010: $511,046Liabilities 2010: $1,899Net Assets 2010: $509,1472010Assets 2011: $565,824Liabilities 2011: $10,664Net Assets 2011: $555,1602011Assets 2012: $524,569Liabilities 2012: $1,620Net Assets 2012: $522,9492012Assets 2013: $665,716Liabilities 2013: $2,147Net Assets 2013: $663,5692013Assets 2014: $686,744Liabilities 2014: $7,186Net Assets 2014: $679,5582014Assets 2015: $628,268Liabilities 2015: $9,236Net Assets 2015: $619,0322015Assets 2016: $631,971Liabilities 2016: $13,830Net Assets 2016: $618,1412016Assets 2017: $688,288Liabilities 2017: $12,467Net Assets 2017: $675,8212017Assets 2018: $720,042Liabilities 2018: $18,105Net Assets 2018: $701,9372018Assets 2019: $738,796Liabilities 2019: $26,508Net Assets 2019: $712,2882019Assets 2020: $764,235Liabilities 2020: $43,160Net Assets 2020: $721,0752020Assets 2021: $1,012,988Liabilities 2021: $52,442Net Assets 2021: $960,5462021Assets 2022: $969,473Liabilities 2022: $31,398Net Assets 2022: $938,0752022Assets 2023: $1,087,964Liabilities 2023: $35,914Net Assets 2023: $1,052,0502023Assets 2024: $1,248,839Liabilities 2024: $35,257Net Assets 2024: $1,213,5822024

Highlighted filing

2014

Assets$686,744
Liabilities$7,186
Net Assets$679,558

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $172,118Expenses 2010: $120,957Net Income 2010: $51,1612010Expenses 2011: $143,2252011Expenses 2012: $187,7412012Revenue 2013: $291,785Expenses 2013: $151,165Net Income 2013: $140,6202013Revenue 2014: $149,475Expenses 2014: $165,625Net Income 2014: -$16,1502014Revenue 2015: $206,930Expenses 2015: $222,372Net Income 2015: -$15,4422015Revenue 2016: $249,571Expenses 2016: $231,999Net Income 2016: $17,5722016Revenue 2017: $251,901Expenses 2017: $219,113Net Income 2017: $32,7882017Revenue 2018: $260,693Expenses 2018: $230,826Net Income 2018: $29,8672018Revenue 2019: $301,651Expenses 2019: $292,189Net Income 2019: $9,4622019Revenue 2020: $210,169Expenses 2020: $217,627Net Income 2020: -$7,4582020Revenue 2021: $234,390Expenses 2021: $134,002Net Income 2021: $100,3882021Revenue 2022: $417,693Expenses 2022: $227,407Net Income 2022: $190,2862022Revenue 2023: $324,144Expenses 2023: $274,046Net Income 2023: $50,0982023Revenue 2024: $307,759Expenses 2024: $248,335Net Income 2024: $59,4242024

Highlighted filing

2014

Revenue$149,475
Expenses$165,625
Net Income-$16,150
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 6, 2014
Return Version
2013v3.1
Gross Receipts
$149,475
Mission and Program Overview

Mission

Manitowoc symphony orchestras main purpose is to educate and promote appreciation of classical music in the local community through concerts and other educational programs

Manitowoc symphony orchestra's main purpose is to educate and promote appreciation of classical music in the local community through concerts and other educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$649,386$678,435▲ $29,049
Cash and Non-Interest-Bearing Accounts$16,330$8,309▼ $8,021
Total Assets$665,716$686,744▲ $21,028
Liabilities
Accounts Payable and Accrued Expenses-$4,447-
Other Liabilities$2,147$2,739▲ $592
Total Liabilities$2,147$7,186▲ $5,039
Net Assets / Fund Balance
Temporarily Rstr Net Assets$556,614$557,707▲ $1,093
Unrestricted Net Assets$106,955$121,851▲ $14,896
Total Net Assets Fund Balance$663,569$679,558▲ $15,989
Total Liabilities and Net Assets / Fund Balance$665,716$686,744▲ $21,028

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$649,386-▲ $65,196$30,500$678,435
2013$521,888$113,123▲ $37,183$17,000$649,386
2012$553,450-▲ $35,713$55,500$521,888
2011$505,082-▲ $82,961$30,000$553,450
2010$459,206$40,000▲ $24,761$15,000$505,082
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul StockhausenPresident
Renee ThompsonVice President
Elma AndersonSecretary
Martha RasmusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,200
Program Service Revenue
$108,400
Investment Income
$32,875
Other Revenue
$0
Change in Net Assets
$-16,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,492
Salaries, Compensation, and Employee Benefits$59,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,650--$52,650
Advertising$12,009--$12,009
Other Expenses$7,002--$7,002
Travel$6,783--$6,783
Fees for Service Investment Mgmnt Fees-$5,644-$5,644
Payroll Taxes$4,028--$4,028
Fees for Services Accounting-$2,700-$2,700
Office Expenses-$2,504-$2,504
Other Employee Benefits$2,455--$2,455
Insurance$1,803--$1,803
All Other Expenses$1,518--$1,518
Occupancy$214--$214
Information Technology$75--$75
Total Functional Expenses$154,777$10,848$0$165,625
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$2,739
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is provided to the board for review before it is efiled and is also available upon request to any board member

Conflict of interest policy compliance Part VI line 12C

Each officer, director and key employee are required to sign a declaration annually. The executive committee is responsible for monitoring and enforcing compliance with the policy.

Governing documents etc available to public Part VI line 19

The organiziation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
39-6060498

Signing Officer

Name
Paul Stockhausen
Title
President
Phone
9209738110
Signed
2014-10-06
Discuss with paid preparer
Yes

Organization Details

Formed
1954
Legal Domicile
Wi
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
150

Preparer

Preparer
Katie Jansen
Phone
9206846940
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE IT IS EFILED AND IS ALSO AVAILABLE UPON REQUEST TO ANY BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ARE REQUIRED TO SIGN A DECLARATION ANNUALLY. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR MONITORING AND ENFORCING COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL STOCKHAUSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09209738110
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-06
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LAKESHORE ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10115 E WALDO BLVD
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.21$0.31$0.25$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.04$1.05$0.32$0.27$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.03$0.94$0.42$0.23$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.05$0.96$0.23$0.13$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.04$0.72$0.21$0.22$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.03$0.71$0.30$0.29$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.70$0.26$0.23$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.25$0.22$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$0.25$0.23$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$0.21$0.22$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.15$0.17$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.66$0.29$0.15$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.01$0.56$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.17$0.12$0.05