Civic Intelligence

International Assn of Performing Arts for Young People Inc.

990 • Fiscal year 2017 • EIN 43-1917355

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 05, 2017

1315 Walnut Street Suite 320Philadelphia, PA 19107

(267) 690-1325

Siviq Scores

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

Liabilities / Assets

88th percentile

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-44%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$168,887

Down $83,467 (-33%) from 2016

Net Assets

Down

$101,961

Down $60,176 (-37%) from 2016

Liabilities

Down

$66,926

Down $23,291 (-26%) from 2016

Revenue

Down

$276,377

Down $221,538 (-44%) from 2016

Expenses

Down

$336,553

Down $141,777 (-30%) from 2016

Net Income

Down

-$60,176

Down $79,761 (-407%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $94,883Liabilities 2011: $2,777Net Assets 2011: $92,1062011Assets 2012: $204,265Liabilities 2012: $23,756Net Assets 2012: $180,5092012Assets 2013: $238,214Liabilities 2013: $62,868Net Assets 2013: $175,3462013Assets 2014: $339,283Liabilities 2014: $124,225Net Assets 2014: $215,0582014Assets 2015: $171,284Liabilities 2015: $28,732Net Assets 2015: $142,5522015Assets 2016: $252,354Liabilities 2016: $90,217Net Assets 2016: $162,1372016Assets 2017: $168,887Liabilities 2017: $66,926Net Assets 2017: $101,9612017Assets 2018: $132,966Liabilities 2018: $24,077Net Assets 2018: $108,8892018Assets 2019: $107,921Liabilities 2019: $29,978Net Assets 2019: $77,9432019Assets 2020: $96,332Liabilities 2020: $53,193Net Assets 2020: $43,1392020Assets 2021: $31,159Liabilities 2021: $18,085Net Assets 2021: $13,0742021Assets 2022: $8,170Liabilities 2022: $2,603Net Assets 2022: $5,5672022

Highlighted filing

2017

Assets$168,887
Liabilities$66,926
Net Assets$101,961

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $240,477Expenses 2011: $212,573Net Income 2011: $27,9042011Revenue 2012: $322,965Expenses 2012: $234,562Net Income 2012: $88,4032012Expenses 2013: $269,4022013Revenue 2014: $324,372Expenses 2014: $284,660Net Income 2014: $39,7122014Revenue 2015: $250,121Expenses 2015: $322,627Net Income 2015: -$72,5062015Revenue 2016: $497,915Expenses 2016: $478,330Net Income 2016: $19,5852016Revenue 2017: $276,377Expenses 2017: $336,553Net Income 2017: -$60,1762017Revenue 2018: $372,558Expenses 2018: $365,630Net Income 2018: $6,9282018Revenue 2019: $353,245Expenses 2019: $384,191Net Income 2019: -$30,9462019Revenue 2020: $378,988Expenses 2020: $413,792Net Income 2020: -$34,8042020Revenue 2021: $126,459Expenses 2021: $156,524Net Income 2021: -$30,0652021Revenue 2022: $39,423Expenses 2022: $46,930Net Income 2022: -$7,5072022

Highlighted filing

2017

Revenue$276,377
Expenses$336,553
Net Income-$60,176
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 5, 2017
Return Version
2016v3.0
Gross Receipts
$276,377
Mission and Program Overview

Mission

To create professional and educational opportunites supporting meaningful performing arts experiences for young audiences in north america.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$137,449$94,228▼ $43,221
Pledges and Grants Receivable$70,000$30,000▼ $40,000
Savings and Temporary Cash Investments$29,642$29,660▲ $18
Prepaid Expenses and Deferred Charges$15,195$13,838▼ $1,357
Land, Buildings, and Equipment, Net-$1,161-
Total Assets$252,354$168,887▼ $83,467
Other Assets Total$68--
Liabilities
Deferred Revenue$90,175$56,760▼ $33,415
Accounts Payable and Accrued Expenses$42$10,166▲ $10,124
Total Liabilities$90,217$66,926▼ $23,291
Net Assets / Fund Balance
Unrestricted Net Assets$153,799$89,550▼ $64,249
Temporarily Rstr Net Assets$8,338$12,411▲ $4,073
Total Net Assets Fund Balance$162,137$101,961▼ $60,176
Total Liabilities and Net Assets / Fund Balance$252,354$168,887▼ $83,467

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,161$511$1,672
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ray GarganoPresident
Andy PackerBoard Member
Douglas IrvineBoard Member
Jairo OntiverosBoard Member
James PackardBoard Member
Laura ManessBoard Member
Mara McewinBoard Member
Nadine AsswadBoard Member
Rebecca M PodsednikBoard Member
Saskia JanseBoard Member
Simon ShawBoard Member
William MassoliaBoard Member
Wendy BableSecretary
Carolyn ElliottTreasurer
James WeinerVice Preside
Jennifer Hartmann LuckVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$101,522
Program Service Revenue
$174,837
Investment Income
$18
Other Revenue
$0
All Other Contributions
$61,818
Change in Net Assets
$-60,176

Audited Revenue Reconciliation

Revenue per Audited Statements
$276,377
Total Revenue per Audited Statements
$276,377
Total Revenue per Form 990
$276,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,553
Total Fundraising Expense$6,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$116,705$10,055-$126,760
Fees for Services Management$6,860$100,529$5,400$112,789
Travel$4,538$11,199-$15,737
Insurance$814$3,734-$4,548
Fees for Services Accounting-$4,300-$4,300
Occupancy-$1,986$351$2,337
Other Expenses$18,717$1,583$176$1,759
Office Expenses-$634$97$731
Depreciation Depletion-$434$77$511
Total Functional Expenses$184,623$145,829$6,101$336,553

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$336,553
Total Expenses per Audited Statements$336,553
Total Expenses per Form 990$336,553
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
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 7A

Board members have voting rights

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

The finance committee reviews the draft form 990 and reports to the full board. The full board received a copy of the complete form 990.

Form 990, Page 6, Part VI, Line 12C

Board members are required to disclose information about any interest they might have in a pending board decision and, if necessary, they recuse themselves from that vote.

Form 990, Page 6, Part VI, Line 15A

Executive director compensation was determined by comparison with other similar nonprofit organizations.

Form 990, Page 6, Part VI, Line 15B

The salary of the general manager was determined by comparison with other nonprofit organizations with similar staffing.

Form 990, Page 6, Part VI, Line 19

International association of performing arts for young people, inc. Makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
International Assn of Performing
EIN
43-1917355
Phone
2676901325
Address
1315 WALNUT STREET SUITE 320, PHILADELPHIA, PA 19107

Signing Officer

Name
Carolyn Elliott
Title
Treasurer
Signed
2017-12-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Gargano
Formed
2001
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
5

Preparer

Firm
Strouss Hui Roomberg Ellis Pc
Address
101 GREENWOOD AVENUE SUITE 202, JENKINTOWN, PA 19046-2634
Preparer
Mark I Sailor
Phone
2158861401
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Subscriptions and fees 0 10,055 0 other production 98,244 0 0 professional development 18,461 0 0 total 116,705 10,055 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/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt068
IRS990/OtherExpensesGrp/Desc0HOSPITALITY
IRS990/OtherExpensesGrp/Desc1MARKETING
IRS990/OtherExpensesGrp/Desc2BANK AND CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt0176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02295
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19080
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21583
IRS990/OtherExpensesGrp/ProgramServicesAmt036989
IRS990/OtherExpensesGrp/ProgramServicesAmt118717
IRS990/OtherExpensesGrp/TotalAmt036989
IRS990/OtherExpensesGrp/TotalAmt121012
IRS990/OtherExpensesGrp/TotalAmt29080
IRS990/OtherExpensesGrp/TotalAmt31759
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt070000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt030000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015195
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013838
IRS990/PrincipalOfficerNm0RAY GARGANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0SHOWCASE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0174837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0174837
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097572
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0478330
IRS990/PYProgramServiceRevenueAmt0400343
IRS990/PYRevenuesLessExpensesAmt019585
IRS990/PYTotalExpensesAmt0478330
IRS990/PYTotalRevenueAmt0497915
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-60176
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0174837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt029642
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0101521
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt097572
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt057956
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0153341
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0116057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0526447
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt046
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04618
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0174838
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0400343
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0192165
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0171031
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0143554
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01081931
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt046
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01612996
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0276377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0497915
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0250121
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0324372
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0264211
IRS990ScheduleA/Total509Grp/TotalAmt01612996
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0276395
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0497915
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0250121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0324372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0264239
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01613042
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0336553
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01161
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0511
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01672
IRS990ScheduleD/RevenueSubtotalAmt0276377
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01161
IRS990ScheduleD/TotalExpensesPerForm990Amt0336553
IRS990ScheduleD/TotalRevenuePerForm990Amt0276377
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0276377
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0336553
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS HAVE VOTING RIGHTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCE COMMITTEE REVIEWS THE DRAFT FORM 990 AND REPORTS TO THE FULL BOARD. THE FULL BOARD RECEIVED A COPY OF THE COMPLETE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE INFORMATION ABOUT ANY INTEREST THEY MIGHT HAVE IN A PENDING BOARD DECISION AND, IF NECESSARY, THEY RECUSE THEMSELVES FROM THAT VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR COMPENSATION WAS DETERMINED BY COMPARISON WITH OTHER SIMILAR NONPROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SALARY OF THE GENERAL MANAGER WAS DETERMINED BY COMPARISON WITH OTHER NONPROFIT ORGANIZATIONS WITH SIMILAR STAFFING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INTERNATIONAL ASSOCIATION OF PERFORMING ARTS FOR YOUNG PEOPLE, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUBSCRIPTIONS AND FEES 0 10,055 0 OTHER PRODUCTION 98,244 0 0 PROFESSIONAL DEVELOPMENT 18,461 0 0 TOTAL 116,705 10,055 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08338
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt012411
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0252354
IRS990/TotalAssetsEOYAmt0168887
IRS990/TotalAssetsGrp/BOYAmt0252354
IRS990/TotalAssetsGrp/EOYAmt0168887
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0101522
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06101
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0145829
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0184623
IRS990/TotalFunctionalExpensesGrp/TotalAmt0336553
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt090217
IRS990/TotalLiabilitiesEOYAmt066926
IRS990/TotalLiabilitiesGrp/BOYAmt090217
IRS990/TotalLiabilitiesGrp/EOYAmt066926
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0162137
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0101961
IRS990/TotalProgramServiceExpensesAmt0184623
IRS990/TotalProgramServiceRevenueAmt0174837

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