Civic Intelligence

Rochester Repertory Theatre

990 • Fiscal year 2020 • EIN 41-1540218

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 15, 2021

4041 28th Street NWRochester, MN 55901

(507) 358-1477

Siviq Scores

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

Liabilities / Assets

90th percentile

0.73x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

2.60x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

63rd percentile

14%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

61st percentile

13%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-27%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$555,759

Up $64,058 (+13%) from 2019

Net Assets

Up

$149,303

Up $22,008 (+17%) from 2019

Liabilities

Up

$406,456

Up $42,050 (+12%) from 2019

Revenue

Down

$156,343

Down $57,793 (-27%) from 2019

Expenses

Down

$134,335

Down $2,811 (-2.0%) from 2019

Net Income

Down

$22,008

Down $54,982 (-71%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $47,060Liabilities 2011: $14,6552011Assets 2012: $46,537Liabilities 2012: $11,110Net Assets 2012: $35,4272012Assets 2013: $62,044Liabilities 2013: $21,961Net Assets 2013: $40,0832013Assets 2014: $46,482Liabilities 2014: $15,793Net Assets 2014: $30,6892014Assets 2015: $43,993Liabilities 2015: $16,831Net Assets 2015: $27,1622015Assets 2016: $53,586Liabilities 2016: $24,732Net Assets 2016: $28,8542016Assets 2017: $57,499Liabilities 2017: $19,658Net Assets 2017: $37,8412017Assets 2018: $69,701Liabilities 2018: $19,396Net Assets 2018: $50,3052018Assets 2019: $491,701Liabilities 2019: $364,406Net Assets 2019: $127,2952019Assets 2020: $555,759Liabilities 2020: $406,456Net Assets 2020: $149,3032020Assets 2021: $654,281Liabilities 2021: $387,809Net Assets 2021: $266,4722021Assets 2022: $634,026Liabilities 2022: $340,207Net Assets 2022: $293,8192022Assets 2023: $677,871Liabilities 2023: $314,396Net Assets 2023: $363,4752023Assets 2024: $867,555Liabilities 2024: $470,205Net Assets 2024: $397,3502024Assets 2025: $896,275Liabilities 2025: $455,718Net Assets 2025: $440,5572025

Highlighted filing

2020

Assets$555,759
Liabilities$406,456
Net Assets$149,303

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $91,023Expenses 2011: $96,235Net Income 2011: -$5,2122011Revenue 2012: $99,497Expenses 2012: $96,475Net Income 2012: $3,0222012Revenue 2013: $109,488Expenses 2013: $104,832Net Income 2013: $4,6562013Revenue 2014: $94,390Expenses 2014: $103,784Net Income 2014: -$9,3942014Revenue 2015: $99,800Expenses 2015: $103,327Net Income 2015: -$3,5272015Revenue 2016: $104,539Expenses 2016: $102,847Net Income 2016: $1,6922016Revenue 2017: $107,382Expenses 2017: $98,395Net Income 2017: $8,9872017Revenue 2018: $120,952Expenses 2018: $108,488Net Income 2018: $12,4642018Revenue 2019: $214,136Expenses 2019: $137,146Net Income 2019: $76,9902019Revenue 2020: $156,343Expenses 2020: $134,335Net Income 2020: $22,0082020Revenue 2021: $209,081Expenses 2021: $91,912Net Income 2021: $117,1692021Revenue 2022: $191,320Expenses 2022: $163,973Net Income 2022: $27,3472022Revenue 2023: $243,991Expenses 2023: $174,335Net Income 2023: $69,6562023Revenue 2024: $250,369Expenses 2024: $216,494Net Income 2024: $33,8752024Revenue 2025: $276,841Expenses 2025: $233,634Net Income 2025: $43,2072025

Highlighted filing

2020

Revenue$156,343
Expenses$134,335
Net Income$22,008
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 15, 2021
Return Version
2019v5.0
Gross Receipts
$157,962
Mission and Program Overview

Mission

The rep's mission is to provide theater productions of the highest quality that will challenge, develop and enhance the skills of directors, actors, designers and technicians, while intriguing, challenging and delighting our audiences.

Community play productions

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$427,928$416,576▼ $11,352
Cash and Non-Interest-Bearing Accounts$37,482$135,598▲ $98,116
Prepaid Expenses and Deferred Charges$9,053$3,585▼ $5,468
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$491,701$555,759▲ $64,058
Other Assets Total$17,238$0▼ $17,238
Liabilities
Mortgage Notes Payable Secured by Investment Property$329,710$319,886▼ $9,824
Unsecured Notes Loans Payable-$81,000-
Deferred Revenue$33,268$4,995▼ $28,273
Accounts Payable and Accrued Expenses$1,428$575▼ $853
Total Liabilities$364,406$406,456▲ $42,050
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$127,295$149,303▲ $22,008
Total Net Assets Fund Balance$127,295$149,303▲ $22,008
Total Liabilities and Net Assets / Fund Balance$491,701$555,759▲ $64,058

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$361,274$10,854$372,128
Other Land Buildings$11,302$131,499$142,801
Land$44,000-$44,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark MasbruchPast President
Merritt OlsenPresident
Dave DerbyVice President
Jeanne SkattumAdvisory Board
Ben HainBoard
Deb FuehrerBoard
Geoff ShieldsBoard
Jeff GoihlBoard
Jerry RobertsBoard
Maggie HendricksonBoard
Sandra NietzSecretary
Chris BraendlinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$92,128
Program Service Revenue
$56,307
Investment Income
$4,592
Other Revenue
$3,316
All Other Contributions
$89,128
Change in Net Assets
$22,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,865
Salaries, Compensation, and Employee Benefits$27,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$25,475-$25,475
Occupancy$17,732--$17,732
Interest$16,291--$16,291
Fees for Services Other$11,689--$11,689
Depreciation Depletion$11,352--$11,352
Insurance-$8,528-$8,528
All Other Expenses$3,904$3,458-$7,362
Royalties$6,804--$6,804
Advertising$2,766--$2,766
Other Expenses$4,167$2,063-$2,063
Payroll Taxes-$1,995-$1,995
Fees for Services Accounting-$1,650-$1,650
Office Expenses-$615-$615
Total Functional Expenses$90,551$43,784$0$134,335
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,200
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Monitored during regular board meetings and bylaw meetings

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Rochester Repertory
EIN
41-1540218
Phone
5073581477
Address
4041 28TH STREET NW, ROCHESTER, MN 55901

Signing Officer

Name
Merritt Olsen
Title
President
Signed
2021-07-15
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
0
Employees
8

Preparer

Firm
Gary T Haworth & Co Ltd
Address
4041 28TH ST NW STE 200, ROCHESTER, MN 55901
Preparer
Angela M Hammell
Phone
5072880090
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IRS990/OccupancyGrp/ProgramServicesAmt017732
IRS990/OccupancyGrp/TotalAmt017732
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0615
IRS990/OfficeExpensesGrp/TotalAmt0615
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017238
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS
IRS990/OtherExpensesGrp/Desc1PRODUCTION EXPENSES
IRS990/OtherExpensesGrp/Desc2VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/Desc3JANITORIAL/CLEANING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02063
IRS990/OtherExpensesGrp/ProgramServicesAmt010635
IRS990/OtherExpensesGrp/ProgramServicesAmt15211
IRS990/OtherExpensesGrp/ProgramServicesAmt24167
IRS990/OtherExpensesGrp/TotalAmt010635
IRS990/OtherExpensesGrp/TotalAmt15211
IRS990/OtherExpensesGrp/TotalAmt24167
IRS990/OtherExpensesGrp/TotalAmt32063
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0500
IRS990/OtherRevenueTotalAmt0500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025475
IRS990/OtherSalariesAndWagesGrp/TotalAmt025475
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01995
IRS990/PayrollTaxesGrp/TotalAmt01995
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09053
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03585
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COMMUNITY PLAY PRODUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056307
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt095088
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08098
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0107645
IRS990/PYOtherRevenueAmt014874
IRS990/PYProgramServiceRevenueAmt096076
IRS990/PYRevenuesLessExpensesAmt076990
IRS990/PYSalariesCompEmpBnftPaidAmt029501
IRS990/PYTotalExpensesAmt0137146
IRS990/PYTotalRevenueAmt0214136
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt022008
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt056307
IRS990/RoyaltiesGrp/ProgramServicesAmt06804
IRS990/RoyaltiesGrp/TotalAmt06804
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt092128
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt095088
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt044124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt044119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt044009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0319468
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03575
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04369
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024036
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt060042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt099899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt063230
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt064432
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt055754
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0343357
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03575
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024036
IRS990ScheduleA/InvestmentIncomeCYPct00.03380
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt011051
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010023
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0941
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0407
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023622
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93290
IRS990ScheduleA/PublicSupportTotal509Amt0662825
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0152170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0194987
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0107354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0108551
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt099763
IRS990ScheduleA/Total509Grp/TotalAmt0662825
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0157961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0214117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0120952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0112914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0104539
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0710483
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0361274
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010854
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0372128
IRS990ScheduleD/LandGrp/BookValueAmt044000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt044000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.96$4.56$4.41$2.77$2.34$0.43
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.68$4.70$3.97$2.50$2.16$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$3.14$3.63$2.44$1.74$0.70
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.34$3.40$2.94$1.91$1.64$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$3.88$2.66$2.09$0.92$1.17
2020Detailed filing. Detailed filing data is available for this year.$5.56$4.06$1.49$1.56$1.34$0.22
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$3.64$1.27$2.14$1.37$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.19$0.50$1.21$1.08$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.20$0.38$1.07$0.98$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.25$0.29$1.05$1.03$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.17$0.27$1.00$1.03$0.04
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.46$0.16$0.31$0.94$1.04$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.22$0.40$1.09$1.05$0.05
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.11$0.35$0.99$0.96$0.03
2011Summary only. Only limited summary data is available for this year.$0.47$0.15$0.91$0.96$0.05