Civic Intelligence

Black Hills Arts Resource Center Inc

990 • Fiscal year 2014 • EIN 41-1879163

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 04, 2015

PO Box 400757709

(605) 341-1766

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 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

3rd percentile

-211%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

87th percentile

$32,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

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

Revenue Growth

5th percentile

-71%

Faster revenue growth than 5% of similar nonprofits.

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

Assets

Down

$0

Down $475,038 (-100%) from 2013

Net Assets

Down

$0

Down $474,113 (-100%) from 2013

Liabilities

Down

$0

Down $925 (-100%) from 2013

Revenue

Down

$225,084

Down $547,892 (-71%) from 2013

Expenses

Down

$699,197

Down $660,682 (-49%) from 2013

Net Income

Up

-$474,113

Up $112,790 (+19%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $266,871Liabilities 2011: $93,9242011Assets 2012: $1,791,916Liabilities 2012: $730,900Net Assets 2012: $1,061,0162012Assets 2013: $475,038Liabilities 2013: $925Net Assets 2013: $474,1132013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $102,225Expenses 2011: $64,233Net Income 2011: $37,9922011Revenue 2012: $993,960Expenses 2012: $105,891Net Income 2012: $888,0692012Revenue 2013: $772,976Expenses 2013: $1,359,879Net Income 2013: -$586,9032013Revenue 2014: $225,084Expenses 2014: $699,197Net Income 2014: -$474,1132014

Highlighted filing

2014

Revenue$225,084
Expenses$699,197
Net Income-$474,113
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 4, 2015
Return Version
2013v4.0
Gross Receipts
$229,681
Mission and Program Overview

Mission

Provide a home for the performing arts and broaden its impact in the rapid city area. This will be accomplished by fostering a collaborative spirit between schools, performing organizations, and related institutions; creating performing arts experiences, classes and workshops; supporting and managing the facilities for the production of a wide range of high-quality community-based arts performances; and inspiring artists and audiences by presenting professional performances and outreach programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$369,550--
Cash and Non-Interest-Bearing Accounts$50,085--
Savings and Temporary Cash Investments$45,338--
Land, Buildings, and Equipment, Net$8,311--
Accounts Receivable$1,754--
Total Assets$475,038$0▼ $475,038
Liabilities
Accounts Payable and Accrued Expenses$925--
Total Liabilities$925$0▼ $925
Net Assets / Fund Balance
Temporarily Rstr Net Assets$460,987--
Unrestricted Net Assets$13,126--
Total Net Assets Fund Balance$474,113$0▼ $474,113
Total Liabilities and Net Assets / Fund Balance$475,038$0▼ $475,038
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Merritt OlsenExecutive DiFT$32,500$32,500

Board Members and Trustees

NameTitle
Tony ThomasPresident
Gloria HarrisonDirector
Kristol MckieSecretary
Ross MckieTreasurer
Dennyce KorbVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$185,240
Program Service Revenue
$38,815
Investment Income
$50
Other Revenue
$979
All Other Contributions
$132,011
Change in Net Assets
$-474,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$631,527
Salaries, Compensation, and Employee Benefits$37,163
Other Expenses$30,507
Total Fundraising Expense$8,259
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$631,527--$631,527
Current Officers, Directors, Trustees, and Key Employees$5,834$5,833$5,833$17,500
Other Salaries and Wages$13,773$2,977-$16,750
Office Expenses$1,516$6,209$1,930$9,655
Fees for Services Other$2,733$4,510-$7,243
Fees for Services Accounting-$6,990-$6,990
Insurance-$3,257-$3,257
Payroll Taxes$1,668$749$496$2,913
Depreciation Depletion$2,307--$2,307
Travel$551--$551
Occupancy$474--$474
Fees for Services Legal-$30-$30
Total Functional Expenses$660,383$30,555$8,259$699,197
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
46-4276537-3General Program$288,424
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Line 15a - salaries paid to the executive director are minimal and the organization is confident it is not excessive line 15b - no other officers or key employees exist

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by a cpa. The board reviews the form 990 prior to filing with the irs. The form 990 is signed by the board president.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

EIN
41-1879163
Phone
6053411766

Signing Officer

Name
Tony Thomas
Title
President
Phone
6053411766
Signed
2015-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Thomas
Formed
1998
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
24
Volunteers
224

Preparer

Preparer
Jean Smith CPA
Phone
6053425630
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provide a home for the performing arts and broaden its impact in the rapid city area. This will be accomplished by fostering a collaborative spirit between schools, performing organizations, and related institutions; creating performing arts experiences, classes and workshops; supporting and managing the facilities for the production of a wide range of high-quality community-based arts performances; and inspiring artists and audiences by presenting professional performances and outreach programming.

Form 990, Page 1, Part I, Line 6

Volunteers were utilized to work concessions, box office, and ushers during performances.

Form 990, Page 2, Part III, Line 3

The performing arts center is now managed by a new 501(c)(3) organization. See part iii 4a.

Form 990, Page 2, Part III, Line 4A

However, black hills arts resource center, inc. Manages the facility through a memorandum of understanding. Effective january 1, 2014, the center is managed by a new 501(c)(3) organization. Black hills arts resource contributed its remaining pledge receivables, cash, and other assets to the new 501(c)(3) organization and is currently looking at additional ways to serve the black hills arts community.

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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10PERFORMING ARTS CENTER OF THE BH
IRS990ScheduleI/RecipientTable/RecipientEIN0464276537
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10PO BOX 5515
IRS990ScheduleI/RecipientTable/USAddress/City0RAPID CITY
IRS990ScheduleI/RecipientTable/USAddress/State0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode057709
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ABLE TO MONITOR THE ACTIVITIES OF THEIR GRANTEES ON A CONSTANT BASIS AS FOUR BLACK HILLS ARTS RESOURCE CENTER BOARD MEMBERS ALSO SIT ON THE BOARD OF PERFORMING ART CENTER OF THE BLACK HILLS. THROUGH THIS INVOLVEMENT, THE ORGANIZATION CAN DETERMINE THAT THE ACTIVITIES OF THE GRANTEE ARE CONGRUENT WITH THE PURPOSE OF THE GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0true
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1ACCOUNTS RECEIVABLE
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2FIXED ASSETS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3CASH
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4PLEDGE RECEIVABLES
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine10PERFORMING ARTS CENTER OF THE BH
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine11PERFORMING ARTS CENTER OF THE BH
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine12PERFORMING ARTS CENTER OF THE BH
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine13PERFORMING ARTS CENTER OF THE BH
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine14PERFORMING ARTS CENTER OF THE BH
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02014-01-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12014-01-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt22014-01-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt32014-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt42014-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0464276537
IRS990ScheduleN/DispositionOfAssetsDetail/EIN1464276537
IRS990ScheduleN/DispositionOfAssetsDetail/EIN2464276537
IRS990ScheduleN/DispositionOfAssetsDetail/EIN3464276537
IRS990ScheduleN/DispositionOfAssetsDetail/EIN4464276537
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0105936
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt13181
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt233622
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt3182488
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt4306300
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt03
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt13
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt23
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt33
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt43
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt4BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine10PO BOX 5515
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine11PO BOX 5515
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine12PO BOX 5515
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine13PO BOX 5515
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine14PO BOX 5515
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/City0RAPID CITY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/City1RAPID CITY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/City2RAPID CITY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/City3RAPID CITY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/City4RAPID CITY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/State0SD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/State1SD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/State2SD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/State3SD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/State4SD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCode057709
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCode157709
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCode257709
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCode357709
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCode457709
IRS990ScheduleN/EmployeeOfSuccessor2Ind0true
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0AS NOTED IN PART III, ALL REMAINING ASSETS WERE TRANSFERRED TO A NEWLY FORMED 501(C)(3) ORGANIZATION. THAT ORGANIZATION NOW MANAGES THE PERFORMING ARTS CENTER. THE EXECUTIVE DIRECTOR (MERRIT OLSEN) AND FOUR BOARD MEMEBERS (TONY THOMAS, ROSS MCKIE, DENNYCE KORB, AND KRISTOL MCKIE) ARE NOW SERVING THE NEW 501(C)(3) ORGANIZATION. THE BOARD OF DIRECTORS IS CURRENTLY LOOKING AT NEW WAYS TO SERVE THE ARTS COMMUNITY.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PART II, PAGE 2, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE A HOME FOR THE PERFORMING ARTS AND BROADEN ITS IMPACT IN THE RAPID CITY AREA. THIS WILL BE ACCOMPLISHED BY FOSTERING A COLLABORATIVE SPIRIT BETWEEN SCHOOLS, PERFORMING ORGANIZATIONS, AND RELATED INSTITUTIONS; CREATING PERFORMING ARTS EXPERIENCES, CLASSES AND WORKSHOPS; SUPPORTING AND MANAGING THE FACILITIES FOR THE PRODUCTION OF A WIDE RANGE OF HIGH-QUALITY COMMUNITY-BASED ARTS PERFORMANCES; AND INSPIRING ARTISTS AND AUDIENCES BY PRESENTING PROFESSIONAL PERFORMANCES AND OUTREACH PROGRAMMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS WERE UTILIZED TO WORK CONCESSIONS, BOX OFFICE, AND USHERS DURING PERFORMANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PERFORMING ARTS CENTER IS NOW MANAGED BY A NEW 501(C)(3) ORGANIZATION. SEE PART III 4A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOWEVER, BLACK HILLS ARTS RESOURCE CENTER, INC. MANAGES THE FACILITY THROUGH A MEMORANDUM OF UNDERSTANDING. EFFECTIVE JANUARY 1, 2014, THE CENTER IS MANAGED BY A NEW 501(C)(3) ORGANIZATION. BLACK HILLS ARTS RESOURCE CONTRIBUTED ITS REMAINING PLEDGE RECEIVABLES, CASH, AND OTHER ASSETS TO THE NEW 501(C)(3) ORGANIZATION AND IS CURRENTLY LOOKING AT ADDITIONAL WAYS TO SERVE THE BLACK HILLS ARTS COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LINE 15A - SALARIES PAID TO THE EXECUTIVE DIRECTOR ARE MINIMAL AND THE ORGANIZATION IS CONFIDENT IT IS NOT EXCESSIVE LINE 15B - NO OTHER OFFICERS OR KEY EMPLOYEES EXIST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS PREPARED BY A CPA. THE BOARD REVIEWS THE FORM 990 PRIOR TO FILING WITH THE IRS. THE FORM 990 IS SIGNED BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10PERFORMING ARTS CENTER OF RAPIDCITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464276537
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10PO BOX 5515
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0RAPID CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode0577095515
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0460987
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0475038
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0475038
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0185240

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