Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Elk River Area Arts Alliance
EIN 41-1652678 • 501(c)3 • Elk River, MN
Profile
To serve as an advocate and a resource to artists, art groups, educators, and the community, in order to develop, market and support cultural activities within and around the elk river community
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.66x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Down$32,391
Down $7,418 (-19%) from 2014
Liabilities
Down$53,652
Down $12,821 (-19%) from 2014
Net Assets
Up-$21,261
Up $5,403 (+20%) from 2014
Revenue
Down$135,634
Down $12,862 (-8.7%) from 2014
Expenses
Down$126,489
Down $2,565 (-2.0%) from 2014
Net Income
Down$9,145
Down $10,297 (-53%) from 2014
Trend Graphs
Filings
Most recent year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $32,391
- Liabilities
- $53,652
- Net assets
- -$21,261
- Revenue
- $135,634
- Expenses
- $126,489
- Net income
- $9,145
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- Nov 11, 2015
- Return Version
- 2014v6.0
- Gross Receipts
- $135,634
Mission and Program Overview
Mission
To serve as an advocate and a resource to artists, art groups, educators, and the community, in order to develop, market and support cultural activities within and around the elk river community
ARTIST ADVOCATE
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SERVE AS AN ADVOCATE AND RESOURCE TO ARTISTS ART GROUPS EDUCATORS AND COMMUNITY IN ORDER TO DEVELOP MARKET AND SUPPORT CULTURAL ACTIVITIES IN AND AROUND ELK RIVER | - | $93,967 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stacy Reiseck | Executive Director | PT | $15,206 | - | $15,206 |
| David Raymond | Chair | - | $0 | - | - |
| Sara Hartman | Director | - | $0 | - | - |
| Mark Haglund | Director | - | $0 | - | - |
| Jack Holmes | Director | - | $0 | - | - |
| Wendy Simenson | Vice Chair | - | $0 | - | - |
| Dennis Chuba | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Elk River Area Arts Alliance
- EIN
- 41-1652678
- Address
- 400 Jackson Street, Elk River, MN 55330
Signing Officer
- Name
- David Raymond
- Title
- Chair
- Phone
- 7634414725
- Signed
- 2015-11-11
- Discuss with paid preparer
- No
Preparer
- Firm
- Perras and Associates Tax Services
- Address
- 2817 Anthony Lane S Suite 311, Minneapolis, MN 55418
- Preparer
- Rene Isuk
- Phone
- 6127817193
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountRental Equipment - Equipment 20”
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 1,054Art Jurors 400Art Instructors 3,660Awards 15,298refreshments for events 472Supplies 3,286Equipment rental 10,486Advertising and Promotion 1,606Other Artists 7,067Director-Arts in Harmony 3,500Director-Art Soup 1,500Art Soup Expense - Misc 4,000City of Elk River 660Fees and Permits 675Dues and Subscriptions 550Insurance 2,344Interest Expense 1,232MN Sales Tax 729Staff and Board Development 499Transportation 315Payroll Expense 2,341Office Equipment 1,238Performing Arts Demonstration 2,730”
Description of other assets Part II line 24
“Category Beginning of Year End of YearLeasehold Improvments 19,714 16,814”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearAccounts Payable Acrrued Ex 16,074 9,867Payable to Officers Directors 20,000 20,000Secured Mortgages and Notes 30,399 23,785”
Raw XML Appendix179 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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Executive Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountRental Equipment - Equipment 20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDepreciation from 4562 1,054Art Jurors 400Art Instructors 3,660Awards 15,298refreshments for events 472Supplies 3,286Equipment rental 10,486Advertising and Promotion 1,606Other Artists 7,067Director-Arts in Harmony 3,500Director-Art Soup 1,500Art Soup Expense - Misc 4,000City of Elk River 660Fees and Permits 675Dues and Subscriptions 550Insurance 2,344Interest Expense 1,232MN Sales Tax 729Staff and Board Development 499Transportation 315Payroll Expense 2,341Office Equipment 1,238Performing Arts Demonstration 2,730 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearLeasehold Improvments 19,714 16,814 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearAccounts Payable Acrrued Ex 16,074 9,867Payable to Officers Directors 20,000 20,000Secured Mortgages and Notes 30,399 23,785 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55418 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6127817193 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-01-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Rene Isuk |
| ReturnHeader/ReturnTs | 0 | 2016-01-08T12:45:48-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.