Civic Intelligence

Carnegie Visual Arts Center Inc.

990 • Fiscal year 2023 • EIN 41-2074921

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 15, 2024

207 Church StDecatur, AL 35601

(256) 353-7889

Siviq Scores

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

Liabilities / Assets

95th percentile

1.18x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-18%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

11th percentile

-48%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

66%

Faster revenue growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$105,701

Down $97,533 (-48%) from 2022

Net Assets

Down

-$18,929

Down $218,769 (-109%) from 2022

Liabilities

Up

$124,630

Up $121,236 (+3572%) from 2022

Revenue

Up

$417,135

Up $166,010 (+66%) from 2022

Expenses

Up

$490,388

Up $167,112 (+52%) from 2022

Net Income

Down

-$73,253

Down $1,102 (-1.5%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $18,806Liabilities 2011: $67,082Net Assets 2011: -$48,2762011Assets 2012: $39,560Liabilities 2012: $64,090Net Assets 2012: -$24,5302012Assets 2013: $17,439Liabilities 2013: $1,989Net Assets 2013: $15,4502013Assets 2014: $31,950Liabilities 2014: $3,061Net Assets 2014: $28,8892014Assets 2015: $185,292Liabilities 2015: $3,078Net Assets 2015: $182,2142015Assets 2016: $161,591Liabilities 2016: $3,231Net Assets 2016: $158,3602016Assets 2017: $153,316Liabilities 2017: $4,797Net Assets 2017: $148,5192017Assets 2018: $145,420Liabilities 2018: $3,487Net Assets 2018: $141,9332018Assets 2019: $77,676Liabilities 2019: $4,213Net Assets 2019: $73,4632019Assets 2021: $275,526Liabilities 2021: $3,534Net Assets 2021: $271,9922021Assets 2022: $203,234Liabilities 2022: $3,394Net Assets 2022: $199,8402022Assets 2023: $105,701Liabilities 2023: $124,630Net Assets 2023: -$18,9292023Assets 2024: $9,430Liabilities 2024: $168,566Net Assets 2024: -$159,1362024

Highlighted filing

2023

Assets$105,701
Liabilities$124,630
Net Assets-$18,929

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $222,2082011Expenses 2012: $215,9822012Revenue 2013: $159,122Expenses 2013: $147,531Net Income 2013: $11,5912013Revenue 2014: $164,480Expenses 2014: $151,041Net Income 2014: $13,4392014Revenue 2015: $379,559Expenses 2015: $226,234Net Income 2015: $153,3252015Revenue 2016: $199,839Expenses 2016: $223,693Net Income 2016: -$23,8542016Revenue 2017: $260,233Expenses 2017: $270,074Net Income 2017: -$9,8412017Revenue 2018: $269,145Expenses 2018: $275,731Net Income 2018: -$6,5862018Revenue 2019: $184,605Expenses 2019: $253,075Net Income 2019: -$68,4702019Revenue 2021: $413,544Expenses 2021: $295,027Net Income 2021: $118,5172021Revenue 2022: $251,125Expenses 2022: $323,276Net Income 2022: -$72,1512022Revenue 2023: $417,135Expenses 2023: $490,388Net Income 2023: -$73,2532023Revenue 2024: $264,371Expenses 2024: $408,398Net Income 2024: -$144,0272024

Highlighted filing

2023

Revenue$417,135
Expenses$490,388
Net Income-$73,253
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 15, 2024
Return Version
2023v5.0
Gross Receipts
$417,135
Mission and Program Overview

Mission

Provide visual art exhibitions and educational opportunities to the community.

Provide visual art exhibitions and educational opportunities to the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$172,353$98,397▼ $73,956
Land, Buildings, and Equipment, Net$3,026$4,996▲ $1,970
Pledges and Grants Receivable$27,855$2,308▼ $25,547
Total Assets$203,234$105,701▼ $97,533
Liabilities
Other Liabilities$148,263$116,689▼ $31,574
Accounts Payable and Accrued Expenses$3,394$7,941▲ $4,547
Total Liabilities$151,657$124,630▼ $27,027
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$51,577$-18,929▼ $70,506
Total Net Assets Fund Balance$51,577$-18,929▼ $70,506
Total Liabilities and Net Assets / Fund Balance$203,234$105,701▼ $97,533

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,996$18,106$23,102
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lindsey FaulknerPresident
Andy ThomasBoard Member
Betty WeaverBoard Member
Brian FowlerBoard Member
Carlos SouthwardBoard Member
Francis D TateBoard Member
Ginny VinsonBoard Member
James Adams JrBoard Member
Jason PittsBoard Member
John UnderwoodBoard Member
Joy OettelBoard Member
Kirsten PropstBoard Member
Kiya McraeBoard Member
Marley SchmidtBoard Member
Michael ManlyBoard Member
Prentiss DouthitBoard Member
Kimberlee V MitchellExecutive Di
Angie SchoelSecretary
Andy MatthewsTreasurer
Pat PriceVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$81,785
Program Service Revenue
$64,526
Investment Income
$149
Other Revenue
$270,675
All Other Contributions
$30,700
Change in Net Assets
$-73,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$305,228
Salaries, Compensation, and Employee Benefits$185,160
Total Fundraising Expense$143,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,692$60,069$6,865$171,626
All Other Expenses$56,669$10,477$3,538$70,684
Other Expenses$17,235$4,655$1,862$17,235
Payroll Taxes$8,256$4,737$541$13,534
Occupancy$9,334$2,813$639$12,786
Insurance$7,034$2,010$1,005$10,049
Office Expenses$6,761$2,198$996$9,955
Advertising$1,530$2,001$2,354$5,885
Depreciation Depletion$4,430--$4,430
Travel$1,307$653$218$2,178
Total Functional Expenses$249,108$98,082$143,198$490,388
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$270,675
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Carnival$270,675$270,675-$270,675
Total Events$270,675$270,675-$270,675
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Small Business Loan$116,689
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

990 is prepared by independent cpa. Treasurer reviews the 990 for presentation to the board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Carnegie Visual Arts Center
EIN
41-2074921
Phone
2563537889
Address
207 CHURCH ST, DECATUR, AL 35601

Signing Officer

Name
Kimberlee V Mitchell
Title
Executive Director
Phone
2563537889
Signed
2024-08-15

Organization Details

Principal Officer
Kimberlee V Mitchell
Formed
2003
Legal Domicile
Al
Voting Board Members
20
Independent Board Members
20
Employees
5

Preparer

Firm
Darrell W Wates CPA Pc
Address
PO BOX 5220, DECATUR, AL 35601-0220
Preparer
Darrell W Wates CPA
Phone
2568980178
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supplies 11,957 3,416 1,708 exhibit expenses 12,179 0 0 bar purchases 8,501 0 0 educational 7,761 0 0 credit card charges 4,591 1,968 729 telephone 2,889 825 413 sales tax 4,093 0 0 billing fees 2,146 826 330 merchant fees 1,696 848 283 meals and entertainment 0 2,481 0 dues and licenses 566 113 75 gifts and remembrances 250 0 0 reconciliation discrepanc 40 0 0 total 56,669 10,477 3,538

Form 990, Part XI, Line 9

Book / tax depreciation difference 2,747

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IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt026085
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE VISUAL ART EXHIBITIONS AND EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt051577
IRS990/NetAssetsOrFundBalancesEOYAmt0-18929
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0270675
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0270675
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt051577
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-18929
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0639
IRS990/OccupancyGrp/ManagementAndGeneralAmt02813
IRS990/OccupancyGrp/ProgramServicesAmt09334
IRS990/OccupancyGrp/TotalAmt012786
IRS990/OfficeExpensesGrp/FundraisingAmt0996
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02198
IRS990/OfficeExpensesGrp/ProgramServicesAmt06761
IRS990/OfficeExpensesGrp/TotalAmt09955
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt02747
IRS990/OtherExpensesGrp/Desc0FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2LEGAL, ACCOUNTING, PRO
IRS990/OtherExpensesGrp/Desc3EVENT EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt0122043
IRS990/OtherExpensesGrp/FundraisingAmt13137
IRS990/OtherExpensesGrp/FundraisingAmt21862
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08469
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14655
IRS990/OtherExpensesGrp/ProgramServicesAmt019759
IRS990/OtherExpensesGrp/ProgramServicesAmt112101
IRS990/OtherExpensesGrp/ProgramServicesAmt217235
IRS990/OtherExpensesGrp/TotalAmt0122043
IRS990/OtherExpensesGrp/TotalAmt131365
IRS990/OtherExpensesGrp/TotalAmt218618
IRS990/OtherExpensesGrp/TotalAmt317235
IRS990/OtherLiabilitiesGrp/BOYAmt0148263
IRS990/OtherLiabilitiesGrp/EOYAmt0116689
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06865
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060069
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0104692
IRS990/OtherSalariesAndWagesGrp/TotalAmt0171626
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0541
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04737
IRS990/PayrollTaxesGrp/ProgramServicesAmt08256
IRS990/PayrollTaxesGrp/TotalAmt013534
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt027855
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02308
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KIMBERLEE V MITCHELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1GIFT SHOP, ART SALES, CONCESS
IRS990/ProgramServiceRevenueGrp/Desc2BAR SALES
IRS990/ProgramServiceRevenueGrp/Desc3FACILITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt031804
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120656
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27161
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27161
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34905
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt074907
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt038
IRS990/PYOtherExpensesAmt0150158
IRS990/PYOtherRevenueAmt0125322
IRS990/PYProgramServiceRevenueAmt050858
IRS990/PYRevenuesLessExpensesAmt0-72151
IRS990/PYSalariesCompEmpBnftPaidAmt0173118
IRS990/PYTotalExpensesAmt0323276
IRS990/PYTotalRevenueAmt0251125
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-73253
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 862,858
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt081785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0276493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0130748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt097894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0661827
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0236
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0178429
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0270675
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0273642
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0193418
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0263198
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0132600
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01133533
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.36860
IRS990ScheduleA/PublicSupportPY170Pct00.45500
IRS990ScheduleA/PublicSupportTotal170Amt0661827
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt081785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0276493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0130748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt097894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0661827
IRS990ScheduleA/TotalSupportAmt01795596
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04996
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018106
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023102
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0116689
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SMALL BUSINESS LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04996
IRS990ScheduleD/TotalLiabilityAmt0116689
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CARNIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0270675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0270675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0270675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0270675
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0270675
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS PREPARED BY INDEPENDENT CPA. TREASURER REVIEWS THE 990 FOR PRESENTATION TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$1.69$1.59$2.64$4.08$1.44
2023Detailed filing. Detailed filing data is available for this year.$1.06$1.25$0.19$4.17$4.90$0.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.03$2.00$2.51$3.23$0.72
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.04$2.72$4.14$2.95$1.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.04$0.73$1.85$2.53$0.68
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.03$1.42$2.69$2.76$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.05$1.49$2.60$2.70$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.03$1.58$2.00$2.24$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.03$1.82$3.80$2.26$1.53
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.29$1.64$1.51$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$1.59$1.48$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.64$0.25$2.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.67$0.48$2.22