Civic Intelligence

John R Vanderlip Tr U/A 1062 Nect

990 • Fiscal year 2018 • EIN 41-6014917

Jan 01, 2018 to Dec 31, 2018 • Filed on May 11, 2019

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

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-55%

Higher net margin than 8% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

47th percentile

$12,817

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2018 filings • $1M-$5M nonprofits • Source year 2018

Asset Growth

33rd percentile

-2.6%

Faster asset growth than 33% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-9.2%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$3,011,444

Down $79,528 (-2.6%) from 2017

Net Assets

Down

$3,011,444

Down $79,528 (-2.6%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin8th percentile

Revenue

Down

$123,208

Down $12,444 (-9.2%) from 2017

Expenses

Up

$190,483

Up $8,288 (+4.5%) from 2017

Net Income

Down

-$67,275

Down $20,732 (-45%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth33rd 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

2018

Assets$3,011,444
Liabilities$0
Net Assets$3,011,444
Open 2018 Filing

Operations Trend

Revenue Growth24th 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

2018

Revenue$123,208
Expenses$190,483
Net Income-$67,275
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 11, 2019
Return Version
2018v3.0
Gross Receipts
$351,138
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$3,090,972$3,001,565▼ $89,407
Investments in Publicly Traded Securities$2,999,834$2,809,648▼ $190,186
Savings and Temporary Cash Investments$81,244$190,488▲ $109,244
Accounts Receivable$9,894$9,879▼ $15
Rtn Earn Endowment Incm Other Fnds-$9,879-
Cash and Non-Interest-Bearing Accounts-$1,429-
Total Assets$3,090,972$3,011,444▼ $79,528
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,090,972$3,011,444▼ $79,528
Total Liabilities and Net Assets / Fund Balance$3,090,972$3,011,444▼ $79,528
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleBaseTotal
US Bank National AssociationTrustee$12,817$12,817
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$123,208
Other Revenue
$0
Change in Net Assets
$-67,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$169,638
Salaries, Compensation, and Employee Benefits$12,818
Other Expenses$8,027
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$169,638--$169,638
Current Officers, Directors, Trustees, and Key Employees$1,282$11,536-$12,818
Fees for Services Legal$5,679--$5,679
Other Expenses$25$1,573-$1,573
Fees for Services Accounting$750--$750
Total Functional Expenses$177,374$13,109$0$190,483
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minneapolis College of Art & DesignMinneapolis, MN501(c)3General Support$84,819
Minneapolis Institute of ArtsMinneapolis, MN501(c)3General Support$84,819
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

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
2019-05-11
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 (12,256) rounding adj 3”

Raw XML AppendixShowing 400 of 428 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,011,444
Liabilities
$0
Net assets
$3,011,444
Revenue
$123,208
Expenses
$190,483
Net income
-$67,275
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