Civic Intelligence

The Ottumwa Symphony Orchestra Foundation

990 • Fiscal year 2018 • EIN 42-1320132

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 07, 2019

PO Box 173Ottumwa, IA 52501-0713

(641) 777-7788

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.4%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

49th percentile

0.3%

Faster revenue growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$246,876

Up $10,517 (+4.4%) from 2017

Net Assets

Up

$246,876

Up $10,517 (+4.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$84,223

Up $291 (+0.3%) from 2017

Expenses

Up

$73,706

Up $4,358 (+6.3%) from 2017

Net Income

Down

$10,517

Down $4,067 (-28%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $186,241Liabilities 2011: $02011Assets 2013: $224,774Liabilities 2013: $0Net Assets 2013: $224,7742013Assets 2014: $223,271Liabilities 2014: $0Net Assets 2014: $223,2712014Assets 2015: $224,306Liabilities 2015: $0Net Assets 2015: $224,3062015Assets 2016: $221,775Liabilities 2016: $0Net Assets 2016: $221,7752016Assets 2017: $236,359Liabilities 2017: $0Net Assets 2017: $236,3592017Assets 2018: $246,876Liabilities 2018: $0Net Assets 2018: $246,8762018Assets 2019: $248,922Liabilities 2019: $0Net Assets 2019: $248,9222019Assets 2020: $241,915Liabilities 2020: $0Net Assets 2020: $241,9152020Assets 2021: $248,263Liabilities 2021: $200Net Assets 2021: $248,0632021Assets 2022: $417,301Liabilities 2022: $200Net Assets 2022: $417,1012022Assets 2023: $413,036Liabilities 2023: $0Net Assets 2023: $413,0362023Assets 2024: $422,378Liabilities 2024: $2,250Net Assets 2024: $420,1282024Assets 2025: $421,014Liabilities 2025: $0Net Assets 2025: $421,0142025

Highlighted filing

2018

Assets$246,876
Liabilities$0
Net Assets$246,876

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $77,113Expenses 2011: $66,723Net Income 2011: $10,3902011Revenue 2013: $88,294Expenses 2013: $80,987Net Income 2013: $7,3072013Revenue 2014: $66,611Expenses 2014: $68,114Net Income 2014: -$1,5032014Revenue 2015: $68,799Expenses 2015: $67,764Net Income 2015: $1,0352015Revenue 2016: $84,559Expenses 2016: $87,090Net Income 2016: -$2,5312016Revenue 2017: $83,932Expenses 2017: $69,348Net Income 2017: $14,5842017Revenue 2018: $84,223Expenses 2018: $73,706Net Income 2018: $10,5172018Revenue 2019: $90,789Expenses 2019: $88,743Net Income 2019: $2,0462019Revenue 2020: $14,154Expenses 2020: $21,161Net Income 2020: -$7,0072020Revenue 2021: $64,434Expenses 2021: $58,286Net Income 2021: $6,1482021Revenue 2022: $97,589Expenses 2022: $104,061Net Income 2022: -$6,4722022Revenue 2023: $131,387Expenses 2023: $151,226Net Income 2023: -$19,8392023Revenue 2024: $122,577Expenses 2024: $167,186Net Income 2024: -$44,6092024Revenue 2025: $97,471Expenses 2025: $137,712Net Income 2025: -$40,2412025

Highlighted filing

2018

Revenue$84,223
Expenses$73,706
Net Income$10,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 7, 2019
Return Version
2018v3.1
Gross Receipts
$84,223
Mission and Program Overview

Mission

The purpose of the ottumwa symphony orchestra foundation is to provide for the perpetuation of musical arts and performances in the city of ottumwa and surrounding communities and for the encouragement of musical education amongst elementary, high school and community college students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$196,125$194,104▼ $2,021
Cash and Non-Interest-Bearing Accounts$26,205$39,377▲ $13,172
Savings and Temporary Cash Investments$12,088$12,231▲ $143
Land, Buildings, and Equipment, Net$1,941$1,164▼ $777
Total Assets$236,359$246,876▲ $10,517
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$236,359$246,876▲ $10,517
Total Net Assets Fund Balance$236,359$246,876▲ $10,517
Total Liabilities and Net Assets / Fund Balance$236,359$246,876▲ $10,517

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,164$2,241$3,405
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maggie MorrisseyPresident
Andrea BarkerBoard Member
Barb SasseenBoard Member
Beth HendredBoard Member
Cara GallowayBoard Member
Dan DowlingBoard Member
David SharpBoard Member
Dennis WillhoitBoard Member
Janet VinyardBoard Member
Linda MontgomeryBoard Member
Margaret VittetoeBoard Member
Mary Beth HammerBoard Member
Michael CarpenterBoard Member
Patty BabbBoard Member
Robert MorrisseyBoard Member
Steve MillerBoard Member
Sally PhippenPast Preside
Diane DowlingSecretary
Kimberly ArdueserTreasurer
Deb StephensonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$23,110
Program Service Revenue
$52,564
Investment Income
$8,154
Other Revenue
$395
Change in Net Assets
$10,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,706
Total Fundraising Expense$10,474
Salaries, Compensation, and Employee Benefits$3,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$44,455--$44,455
Office Expenses-$2,611$2,611$5,222
Current Officers, Directors, Trustees, and Key Employees$3,000--$3,000
Advertising$419-$419$838
Depreciation Depletion$777--$777
Insurance-$769-$769
Other Expenses$628-$731$628
All Other Expenses$600--$600
Fees for Services Accounting-$390-$390
Total Functional Expenses$59,462$3,770$10,474$73,706
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Patty BabbBoard MemberManagerNo-
Patty BabbBoard MemberMusicianNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

A copy of the completed form 990, and related schedules, is provided to the board of directors for review at a monthly meeting. Members are provided the opportunity to ask questions related to the completed return prior to its filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public via written request to the board of directors.

Filing and Contact Details

Filer

Filer Name
The Ottumwa Symphony
EIN
42-1320132
Phone
6417777788
Address
PO BOX 173, OTTUMWA, IA 52501-0713

Signing Officer

Name
Kimberly Ardueser
Title
Treasurer
Phone
6417777788
Signed
2019-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maggie Morrissey
Formed
2006
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
Kevin J Wadle CPA Pc
Address
117 S 4TH ST, KNOXVILLE, IA 50138-1757
Preparer
Kevin J Wadle
Phone
6418422137
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the ottumwa symphony orchestra foundation is to provide for the perpetuation of musical arts and performances in the city of ottumwa and surrounding communities and for the encouragement of musical education amongst elementary, high school and community college students.

Form 990, Part IX, Line 11G

MUSICIANS 44,455 0 0

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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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IRS990/OtherExpensesGrp/FundraisingAmt06713
IRS990/OtherExpensesGrp/FundraisingAmt1731
IRS990/OtherExpensesGrp/ProgramServicesAmt06713
IRS990/OtherExpensesGrp/ProgramServicesAmt12870
IRS990/OtherExpensesGrp/ProgramServicesAmt2628
IRS990/OtherExpensesGrp/TotalAmt013426
IRS990/OtherExpensesGrp/TotalAmt12870
IRS990/OtherExpensesGrp/TotalAmt2731
IRS990/OtherExpensesGrp/TotalAmt3628
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0395
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0395
IRS990/OtherRevenueTotalAmt0395
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MAGGIE MORRISSEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052564
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052564
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt021054
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07662
IRS990/PYOtherExpensesAmt066348
IRS990/PYProgramServiceRevenueAmt055216
IRS990/PYRevenuesLessExpensesAmt014584
IRS990/PYSalariesCompEmpBnftPaidAmt03000
IRS990/PYTotalExpensesAmt069348
IRS990/PYTotalRevenueAmt083932
IRS990/ReconcilationRevenueExpnssAmt010517
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt052564
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012088
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012231
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023110
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt021054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058536
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0148776
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07339
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06366
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05656
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05073
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt031781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt052990
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt055261
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt051385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0205986
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07339
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06366
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt031781
IRS990ScheduleA/InvestmentIncomeCYPct00.08000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91780
IRS990ScheduleA/PublicSupportPY509Pct00.92620
IRS990ScheduleA/PublicSupportTotal509Amt0354762
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt076315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt077666
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063143
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt061538
IRS990ScheduleA/Total509Grp/TotalAmt0354762
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt083439
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt083662
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt084032
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt068799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt066611
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0386543
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01164
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02241
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03405
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01164
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0PATTY BABB
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1PATTY BABB
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MUSICIAN
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE OTTUMWA SYMPHONY ORCHESTRA FOUNDATION IS TO PROVIDE FOR THE PERPETUATION OF MUSICAL ARTS AND PERFORMANCES IN THE CITY OF OTTUMWA AND SURROUNDING COMMUNITIES AND FOR THE ENCOURAGEMENT OF MUSICAL EDUCATION AMONGST ELEMENTARY, HIGH SCHOOL AND COMMUNITY COLLEGE STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE COMPLETED FORM 990, AND RELATED SCHEDULES, IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AT A MONTHLY MEETING. MEMBERS ARE PROVIDED THE OPPORTUNITY TO ASK QUESTIONS RELATED TO THE COMPLETED RETURN PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC VIA WRITTEN REQUEST TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MUSICIANS 44,455 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0236359
IRS990/TotalAssetsEOYAmt0246876
IRS990/TotalAssetsGrp/BOYAmt0236359
IRS990/TotalAssetsGrp/EOYAmt0246876
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt023110
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010474
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03770
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt059462
IRS990/TotalFunctionalExpensesGrp/TotalAmt073706
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0236359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0246876
IRS990/TotalProgramServiceExpensesAmt059462
IRS990/TotalProgramServiceRevenueAmt052564
IRS990/TotalRevenueGrp/ExclusionAmt07339
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt053774
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt084223
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0236359
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0246876
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0236359

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$0.97$1.38$0.40
2024Detailed filing. Detailed filing data is available for this year.$4.22$0.02$4.20$1.23$1.67$0.45
2023Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$1.31$1.51$0.20
2022Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.98$1.04$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.64$0.58$0.06
2020Summary only. Only limited summary data is available for this year.$2.42$0.00$2.42$0.14$0.21$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.91$0.89$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.84$0.74$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$0.84$0.69$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$0.85$0.87$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.69$0.68$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.67$0.68$0.02
2013Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$0.88$0.81$0.07
2011Summary only. Only limited summary data is available for this year.$1.86$0.00$0.77$0.67$0.10