Civic Intelligence

John R Vanderlip Tr U/A 1062 Nect

990 • Fiscal year 2017 • EIN 41-6014917

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

Organization ProfileN/A
PO Box 0634Milwaukee, WI 53201-0634

(651) 466-8710

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2017 filings • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.00x

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

2017 filings • $1M-$5M nonprofits • Source year 2017

Net Margin

12th percentile

-34%

Higher net margin than 12% of similar nonprofits.

2017 filings • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$12,076

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2017 filings • $1M-$5M nonprofits • Source year 2017

Asset Growth

32nd percentile

-1.5%

Faster asset growth than 32% of similar nonprofits.

2017 filings • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

37%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$3,090,972

Down $46,999 (-1.5%) from 2016

Net Assets

Down

$3,090,972

Down $46,999 (-1.5%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin12th percentile

Revenue

Up

$135,652

Up $36,519 (+37%) from 2016

Expenses

Up

$182,195

Up $2,595 (+1.4%) from 2016

Net Income

Up

-$46,543

Up $33,924 (+42%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,271,768Liabilities 2010: $0Net Assets 2010: $2,271,7682010Assets 2011: $2,254,606Liabilities 2011: $0Net Assets 2011: $2,254,6062011Assets 2012: $2,294,241Liabilities 2012: $0Net Assets 2012: $2,294,2412012Assets 2013: $2,489,256Liabilities 2013: $0Net Assets 2013: $2,489,2562013Assets 2016: $3,137,971Liabilities 2016: $0Net Assets 2016: $3,137,9712016Assets 2017: $3,090,972Liabilities 2017: $0Net Assets 2017: $3,090,9722017Assets 2018: $3,011,444Liabilities 2018: $0Net Assets 2018: $3,011,4442018Assets 2019: $2,922,466Liabilities 2019: $0Net Assets 2019: $2,922,4662019Assets 2020: $2,829,549Liabilities 2020: $0Net Assets 2020: $2,829,5492020Assets 2021: $2,887,657Liabilities 2021: $0Net Assets 2021: $2,887,6572021Assets 2022: $2,847,291Liabilities 2022: $0Net Assets 2022: $2,847,2912022Assets 2023: $2,746,571Liabilities 2023: $0Net Assets 2023: $2,746,5712023Assets 2024: $2,787,178Liabilities 2024: $0Net Assets 2024: $2,787,1782024

Highlighted filing

2017

Assets$3,090,972
Liabilities$0
Net Assets$3,090,972
Open 2017 Filing

Operations Trend

Revenue Growth80th percentile

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

$400K$200K$0-$200KExpenses 2010: $145,6392010Expenses 2011: $138,1932011Expenses 2012: $150,4982012Revenue 2013: $352,554Expenses 2013: $157,539Net Income 2013: $195,0152013Revenue 2016: $99,133Expenses 2016: $179,600Net Income 2016: -$80,4672016Revenue 2017: $135,652Expenses 2017: $182,195Net Income 2017: -$46,5432017Revenue 2018: $123,208Expenses 2018: $190,483Net Income 2018: -$67,2752018Revenue 2019: $100,872Expenses 2019: $189,124Net Income 2019: -$88,2522019Revenue 2020: $100,051Expenses 2020: $193,756Net Income 2020: -$93,7052020Revenue 2021: $354,256Expenses 2021: $296,151Net Income 2021: $58,1052021Revenue 2022: $82,212Expenses 2022: $122,575Net Income 2022: -$40,3632022Revenue 2023: $123,258Expenses 2023: $223,976Net Income 2023: -$100,7182023Revenue 2024: $264,327Expenses 2024: $223,730Net Income 2024: $40,5972024

Highlighted filing

2017

Revenue$135,652
Expenses$182,195
Net Income-$46,543
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.2
Gross Receipts
$301,099
Mission and Program Overview

Mission

To provide fixed and regular income to the minneapolis institute of arts and the minneapolis college of art & design.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$3,137,971$3,090,972▼ $46,999
Investments in Publicly Traded Securities$2,993,265$2,999,834▲ $6,569
Savings and Temporary Cash Investments$132,559$81,244▼ $51,315
Accounts Receivable$10,235$9,894▼ $341
Cash and Non-Interest-Bearing Accounts$1,912--
Total Assets$3,137,971$3,090,972▼ $46,999
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,137,971$3,090,972▼ $46,999
Total Liabilities and Net Assets / Fund Balance$3,137,971$3,090,972▼ $46,999
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleBaseTotal
US Bank National AssociationTrustee$12,076$12,076
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$135,652
Other Revenue
$0
Change in Net Assets
$-46,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$167,882
Salaries, Compensation, and Employee Benefits$12,076
Other Expenses$2,237
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$167,882--$167,882
Current Officers, Directors, Trustees, and Key Employees$1,208$10,868-$12,076
Other Expenses$25$1,361-$1,361
Fees for Services Accounting$750--$750
Fees for Services Legal$101--$101
Total Functional Expenses$169,966$12,229$0$182,195
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minneapolis College of Art & DesignMinneapolis, MN501(c)3General Support$83,941
Minneapolis Institute of ArtsMinneapolis, MN501(c)3General Support$83,941
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
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
Yes
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

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

“There are no material differences in voting rights”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“No review was or will be conducted”

FORM 990, PAGE 6, PART VI, LINE 15A

“Trustee fee is determined according to standard fee schedule which is competitive within the industry”

Form 990, Page 6, Part VI, Line 19

“Trustee will make documents available upon request”

Filing and Contact Details

Filer

Filer Name
John R Van Derlip Tr Ua
EIN
41-6014917
Phone
6514668710
Address
PO BOX 0634, MILWAUKEE, WI 53201-0634

Signing Officer

Name
U S Bank N a by
Title
Trustee
Phone
6514668710
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
1935
Legal Domicile
Mn
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
600 GRANT STREET, PITTSBURGH, PA 15219
Preparer
Joseph J Castriano
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

“Nuveen core plus bond i roc adj”

Raw XML AppendixShowing 400 of 433 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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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt083941
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt183941
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MPLS INSTITUTE OF ARTS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1MPLS CLG OF ART & DESIGN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0167882
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt083941
IRS990ScheduleI/RecipientTable/CashGrantAmt183941
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MINNEAPOLIS COLLEGE OF ART & DESIGN
IRS990ScheduleI/RecipientTable/RecipientEIN0410693915
IRS990ScheduleI/RecipientTable/RecipientEIN1411607453
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02400 THIRD AVENUE SOUTH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12501 STEVENS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0554043506
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1554044347
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Book Value
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1Book Value
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE REVIEWS ALL DISTRIBUTIONS TO BE SURE THAT ALL FUNDS ARE USED IN ACCORDANCE WITH THE GOVERNING DOCUMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO MATERIAL DIFFERENCES IN VOTING RIGHTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEE FEE IS DETERMINED ACCORDING TO STANDARD FEE SCHEDULE WHICH IS COMPETITIVE WITHIN THE INDUSTRY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRUSTEE WILL MAKE DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NUVEEN CORE PLUS BOND I ROC ADJ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MINNEAPOLIS COLLEGE OF ART & DESIGN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410693915
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1411607453
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(a)2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02400 3RD AVE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12501 STEVENS AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0554043506
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1554044347
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt083941
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt183941
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MINNEAPOLIS COLLEGE OF ART & DESIGN
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03137971
IRS990/TotalAssetsEOYAmt03090972
IRS990/TotalAssetsGrp/BOYAmt03137971
IRS990/TotalAssetsGrp/EOYAmt03090972
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012229
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0169966
IRS990/TotalFunctionalExpensesGrp/TotalAmt0182195
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03137971
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03090972
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0169966
IRS990/TotalReportableCompFromOrgAmt012076
IRS990/TotalRevenueGrp/ExclusionAmt0135652
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0135652
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03137971
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03090972
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,090,972
Liabilities
$0
Net assets
$3,090,972
Revenue
$135,652
Expenses
$182,195
Net income
-$46,543
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.26$0.22$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$0.12$0.22$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.08$0.12$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$0.35$0.30$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.83$0.00$2.83$0.10$0.19$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.10$0.19$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.01$0.00$3.01$0.12$0.19$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.14$0.18$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.14$0.00$3.14$0.10$0.18$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.35$0.16$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.00$2.25$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.00$2.27$0.15