Civic Intelligence

St Louis Classical Guitar Society

990 • Fiscal year 2016 • EIN 43-1131456

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

PO Box 11425Saint Louis, MO 63105

(314) 567-5566

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$20,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

90th percentile

84%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

2.1%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$136,205

Up $62,258 (+84%) from 2015

Net Assets

Up

$127,747

Up $57,071 (+81%) from 2015

Liabilities

Up

$8,458

Up $5,187 (+159%) from 2015

Revenue

Up

$208,988

Up $4,246 (+2.1%) from 2015

Expenses

Down

$151,847

Down $22,199 (-13%) from 2015

Net Income

Up

$57,141

Up $26,445 (+86%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $52,832Liabilities 2012: $25,6482012Assets 2013: $26,083Liabilities 2013: $10,018Net Assets 2013: $16,0652013Assets 2014: $40,906Liabilities 2014: $273Net Assets 2014: $40,6332014Assets 2015: $73,947Liabilities 2015: $3,271Net Assets 2015: $70,6762015Assets 2016: $136,205Liabilities 2016: $8,458Net Assets 2016: $127,7472016Assets 2017: $180,503Liabilities 2017: $1,142Net Assets 2017: $179,3612017Assets 2018: $177,048Liabilities 2018: $44,578Net Assets 2018: $132,4702018Assets 2019: $203,802Liabilities 2019: $89,826Net Assets 2019: $113,9762019Assets 2020: $194,017Liabilities 2020: $178,221Net Assets 2020: $15,7962020Assets 2021: $164,965Liabilities 2021: $74,655Net Assets 2021: $90,3102021Assets 2022: $106,107Liabilities 2022: $30,527Net Assets 2022: $75,5802022Assets 2023: $36,861Liabilities 2023: $36,831Net Assets 2023: $302023Assets 2024: $12,444Liabilities 2024: $54,964Net Assets 2024: -$42,5202024

Highlighted filing

2016

Assets$136,205
Liabilities$8,458
Net Assets$127,747

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $155,863Expenses 2012: $155,361Net Income 2012: $5022012Revenue 2013: $206,530Expenses 2013: $204,309Net Income 2013: $2,2212013Revenue 2014: $145,268Expenses 2014: $145,260Net Income 2014: $82014Revenue 2015: $204,742Expenses 2015: $174,046Net Income 2015: $30,6962015Revenue 2016: $208,988Expenses 2016: $151,847Net Income 2016: $57,1412016Revenue 2017: $297,654Expenses 2017: $248,304Net Income 2017: $49,3502017Revenue 2018: $207,038Expenses 2018: $198,929Net Income 2018: $8,1092018Revenue 2019: $229,042Expenses 2019: $247,536Net Income 2019: -$18,4942019Revenue 2020: $133,426Expenses 2020: $231,606Net Income 2020: -$98,1802020Revenue 2021: $267,966Expenses 2021: $193,452Net Income 2021: $74,5142021Revenue 2022: $202,955Expenses 2022: $217,685Net Income 2022: -$14,7302022Revenue 2023: $237,684Expenses 2023: $305,526Net Income 2023: -$67,8422023Revenue 2024: $243,359Expenses 2024: $285,909Net Income 2024: -$42,5502024

Highlighted filing

2016

Revenue$208,988
Expenses$151,847
Net Income$57,141
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$208,988
Mission and Program Overview

Mission

To promote and foster an understanding and appreciation of music for the classical guitar; to this end we present classical guitarists of the highest level of achievement to our community, with master classes, visits to local schools, opportunities for our members to perform together and meet others with similiar interests. We also support music education through donation of instruments and assistance of various kinds.

To promote and foster an understanding and appreciation of music for the classical guitar; to this end we present classical guitarists of the highest level of achievement to our community, with master classes, visits to local schools, opportunities for our members to perform together and meet others with similar interests. We also support music education through classes offered twice weekley in 8 local public schools and donation of instruments and assistance of various kinds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,879$48,263▲ $38,384
Pledges and Grants Receivable$22,889$36,080▲ $13,191
Inventories for Sale or Use$9,303$26,014▲ $16,711
Investments in Publicly Traded Securities$16,664$17,176▲ $512
Accounts Receivable$13,451$4,912▼ $8,539
Prepaid Expenses and Deferred Charges-$2,828-
Land, Buildings, and Equipment, Net$1,761$932▼ $829
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$73,947$136,205▲ $62,258
Other Assets Total-$0-
Liabilities
Deferred Revenue-$6,296-
Other Liabilities-$1,333-
Accounts Payable and Accrued Expenses$3,271$829▼ $2,442
Total Liabilities$3,271$8,458▲ $5,187
Net Assets / Fund Balance
Unrestricted Net Assets$70,676$127,747▲ $57,071
Total Net Assets Fund Balance$70,676$127,747▲ $57,071
Total Liabilities and Net Assets / Fund Balance$73,947$136,205▲ $62,258

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$932$3,211-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$12,538$1,965--$14,503
2014$11,538$1,000--$12,538
2013$11,538---$11,538
2012$10,427-▲ $1,111-$11,538
2011$10,000-▲ $427-$10,427
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bill AshExecutive DirectorFT$20,000$20,000
Ann Reis QuigleySecretary-$495$495
Gaylerd QuigleyDirector-$495$495

Board Members and Trustees

NameTitle
Paul KreterPresident
Martha KreipkeVice President
Hasmukh PatelDirector
Margaret GilleoDirector
Mary OuttenDirector
Rodney KernerDirector
Vicki CarlsonDirector
Phil HayesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$169,906
Program Service Revenue
$37,490
Investment Income
$482
Other Revenue
$1,110
All Other Contributions
$166,434
Change in Net Assets
$57,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,709
Salaries, Compensation, and Employee Benefits$31,138
Total Fundraising Expense$8,740
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$44,264$250-$44,514
Current Officers, Directors, Trustees, and Key Employees$12,978$2,011$5,011$20,000
Office Expenses$8,902$7,187$807$16,896
Advertising$13,955-$1,551$15,506
Other Salaries and Wages$3,554$3,500$500$7,554
Fees for Services Accounting-$3,500-$3,500
Other Employee Benefits$1,235$411$411$2,057
Payroll Taxes$917$305$305$1,527
Insurance-$1,506-$1,506
Depreciation Depletion$829--$829
Conferences and Meetings$314--$314
Other Expenses$926$154$155$309
Total Functional Expenses$124,283$18,824$8,740$151,847
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,333
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Our executive committee consisting of president, vice-president, treasurer, and secretary has reviewed it and attests to its accuracy and completeness.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The treasurer and the governance committee monitor compliance with the policy in formal discussions semi-annually, and in additional discussions more frequently.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The finance committee proposes a level of compensation based on awareness of compensation for similiar positions at other arts organizations in the st. Louis area and the organization's budget. The board of directors reviews and approves the annual compensation for all officers and key employees annually in june.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents, conflict of interest policy, and financial statements were not made available to the public in the year in question. Our website notifies the public that they are available upon request.

Filing and Contact Details

Filer

Filer Name
St Louis Classical Guitar Society
EIN
43-1131456
Phone
3145675566
Address
PO BOX 11425, SAINT LOUIS, MO 63105

Signing Officer

Name
Phil Hayes
Title
Treasurer
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Hayes
Formed
1980
Legal Domicile
Mo
Voting Board Members
11
Independent Board Members
9
Employees
1
Volunteers
30

Preparer

Firm
Sfw Partners LLC
Address
1610 DES PERES RD STE 300, SAINT LOUIS, MO 63131-1891
Preparer
Richard F Waigand
Phone
3145693333
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - The organization respectively requests that the failure-to-file penalty be waived due to reasonable cause. The organization filed an initial form 8868, Application for Extension of Time To File an Exempt Organization Return. However, an additional 3 month extension was not timely filed due to the organization changing paid preparers during the year. Also, the preparing accounting firm changed tax software during the extension period and the error was not discovered until the filing of the return. The return has been filed within the second extension period.

Other Changes In Net Assets Or Fund Balances - Other Decreases

UNREALIZED GAIN = -$31

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IRS990/IRPDocumentCnt014
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0932
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE AND FOSTER AN UNDERSTANDING AND APPRECIATION OF MUSIC FOR THE CLASSICAL GUITAR; TO THIS END WE PRESENT CLASSICAL GUITARISTS OF THE HIGHEST LEVEL OF ACHIEVEMENT TO OUR COMMUNITY, WITH MASTER CLASSES, VISITS TO LOCAL SCHOOLS, OPPORTUNITIES FOR OUR MEMBERS TO PERFORM TOGETHER AND MEET OTHERS WITH SIMILAR INTERESTS. WE ALSO SUPPORT MUSIC EDUCATION THROUGH CLASSES OFFERED TWICE WEEKLEY IN 8 LOCAL PUBLIC SCHOOLS AND DONATION OF INSTRUMENTS AND ASSISTANCE OF VARIOUS KINDS.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NoncashContributionsAmt01213
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0807
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07187
IRS990/OfficeExpensesGrp/ProgramServicesAmt08902
IRS990/OfficeExpensesGrp/TotalAmt016896
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IRS990/OperateHospitalInd0false
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IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-31
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0411
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0411
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01235
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02057
IRS990/OtherExpensesGrp/Desc0CONCERT PROGRAM
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL PROGRAMS
IRS990/OtherExpensesGrp/Desc2RADIO PROGRAM
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0155
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0154
IRS990/OtherExpensesGrp/ProgramServicesAmt027662
IRS990/OtherExpensesGrp/ProgramServicesAmt18747
IRS990/OtherExpensesGrp/ProgramServicesAmt2926
IRS990/OtherExpensesGrp/TotalAmt027662
IRS990/OtherExpensesGrp/TotalAmt18747
IRS990/OtherExpensesGrp/TotalAmt2926
IRS990/OtherExpensesGrp/TotalAmt3309
IRS990/OtherLiabilitiesGrp/EOYAmt01333
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt022
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03554
IRS990/OtherSalariesAndWagesGrp/TotalAmt07554
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0305
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0305
IRS990/PayrollTaxesGrp/ProgramServicesAmt0917
IRS990/PayrollTaxesGrp/TotalAmt01527
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022889
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036080
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02828
IRS990/PrincipalOfficerNm0PHIL HAYES
IRS990/PriorPeriodAdjustmentsAmt0-39
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0GUITAR INITIATIVE
IRS990/ProgramServiceRevenueGrp/Desc1GUITAR ORCHESTRA
IRS990/ProgramServiceRevenueGrp/Desc2TICKET SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01629
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt232261
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt232261
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION PROGRAMS FOR THE BENEFIT OF UNDERSERVED COMMUNITIES. TRAINING PROGRAMS AND SCHOOL VISITS BY LOCAL INSTRUCTORS AND NOTED GUITARISTS TO SELECTED SCHOOL DISTRICTS. IN THE ST. LOUIS METROPOLITAN AREA, PRIMARILY IN NORTH ST. LOUIS, JENNINGS, AND FERGUSON-FLORRISANT. THIS ALSO INCLUDES THE DONATION OF GUITARS AND RELATED EQUIPMENT AS WELL AS CURRICULUM MATERIALS FOR STUDENTS IN THE AFFECTED DISTRICTS.IMPACTED PARTICIPANTS: 4,464
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt045775
IRS990/ProgSrvcAccomActy3Grp/Desc0RADIO PROGRAM ON LOCAL RADIO STATIONS PRESENTED WITH ONE WEEKLY LIVE BROADCAST AND WSIU 91.9FM, WUSI90.3FM, WVSI 89.9FM IN SOUTHERN ILLINOIS ONCE WEEKLY.AVERAGE LISTENERS: 3,200/WEEK
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05726
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0162885
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0393
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0148210
IRS990/PYOtherRevenueAmt0755
IRS990/PYProgramServiceRevenueAmt040709
IRS990/PYRevenuesLessExpensesAmt030696
IRS990/PYSalariesCompEmpBnftPaidAmt025836
IRS990/PYTotalExpensesAmt0174046
IRS990/PYTotalRevenueAmt0204742
IRS990/QuidProQuoContributionsInd0true
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt057141
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt032261
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0169906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0162885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0101124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0113542
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt087123
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0634580
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0482
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0357
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01111
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt040998
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt041340
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt068694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0265899
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0482
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0357
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02290
IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/InvestmentIncomePYPct00.00220
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt022
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0502
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0524
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.99690
IRS990ScheduleA/PublicSupportPY509Pct00.99710
IRS990ScheduleA/PublicSupportTotal509Amt0900479
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00

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