Civic Intelligence

River Music Experience

990 • Fiscal year 2020 • EIN 43-2005678

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 13, 2020

129 N Main StreetDavenport, IA 52801

(563) 326-1333

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$3,517,785

Up $37,064 (+1.1%) from 2019

Net Assets

Down

$1,971,852

Down $15,100 (-0.8%) from 2019

Liabilities

Up

$1,545,933

Up $52,164 (+3.5%) from 2019

Revenue And Expenses

Revenue

Up

$1,140,872

Up $841,007 (+280%) from 2019

Expenses

Down

$1,155,972

Down $141,014 (-11%) from 2019

Net Income

Up

-$15,100

Up $982,021 (+98%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $6,105,477Liabilities 2011: $2,343,218Net Assets 2011: $3,762,2592011Assets 2012: $5,865,290Liabilities 2012: $2,534,609Net Assets 2012: $3,330,6812012Assets 2013: $5,627,019Liabilities 2013: $1,998,213Net Assets 2013: $3,628,8062013Assets 2014: $325,078Liabilities 2014: $2,004,534Net Assets 2014: -$1,679,4562014Assets 2015: $439,916Liabilities 2015: $2,148,388Net Assets 2015: -$1,708,4722015Assets 2016: $5,109,259Liabilities 2016: $2,292,428Net Assets 2016: $2,816,8312016Assets 2017: $4,871,205Liabilities 2017: $2,331,033Net Assets 2017: $2,540,1722017Assets 2018: $4,556,473Liabilities 2018: $1,572,400Net Assets 2018: $2,984,0732018Assets 2019: $3,480,721Liabilities 2019: $1,493,769Net Assets 2019: $1,986,9522019Assets 2020: $3,517,785Liabilities 2020: $1,545,933Net Assets 2020: $1,971,8522020Assets 2021: $3,769,931Liabilities 2021: $1,737,733Net Assets 2021: $2,032,1982021Assets 2022: $3,858,577Liabilities 2022: $1,641,564Net Assets 2022: $2,217,0132022Assets 2023: $3,614,382Liabilities 2023: $1,654,756Net Assets 2023: $1,959,6262023Assets 2024: $3,166,695Liabilities 2024: $244,833Net Assets 2024: $2,921,8622024Assets 2025: $2,659,904Liabilities 2025: $263,098Net Assets 2025: $2,396,8062025

Highlighted filing

2020

Assets$3,517,785
Liabilities$1,545,933
Net Assets$1,971,852

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $864,053Expenses 2011: $1,301,378Net Income 2011: -$437,3252011Revenue 2012: $962,657Expenses 2012: $1,394,235Net Income 2012: -$431,5782012Revenue 2013: $1,573,643Expenses 2013: $1,275,518Net Income 2013: $298,1252013Revenue 2014: $775,903Expenses 2014: $921,218Net Income 2014: -$145,3152014Revenue 2015: $1,077,719Expenses 2015: $1,000,880Net Income 2015: $76,8392015Revenue 2016: $1,474,147Expenses 2016: $1,522,922Net Income 2016: -$48,7752016Revenue 2017: $1,169,883Expenses 2017: $1,446,542Net Income 2017: -$276,6592017Revenue 2018: $1,170,768Expenses 2018: $1,398,880Net Income 2018: -$228,1122018Revenue 2019: $299,865Expenses 2019: $1,296,986Net Income 2019: -$997,1212019Revenue 2020: $1,140,872Expenses 2020: $1,155,972Net Income 2020: -$15,1002020Revenue 2021: $1,277,856Expenses 2021: $1,217,510Net Income 2021: $60,3462021Revenue 2022: $1,649,242Expenses 2022: $1,461,927Net Income 2022: $187,3152022Revenue 2023: $890,293Expenses 2023: $1,176,818Net Income 2023: -$286,5252023Revenue 2024: $2,302,989Expenses 2024: $1,363,283Net Income 2024: $939,7062024Revenue 2025: $846,151Expenses 2025: $1,368,201Net Income 2025: -$522,0502025

Highlighted filing

2020

Revenue$1,140,872
Expenses$1,155,972
Net Income-$15,100
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$1,188,810
Mission and Program Overview

Mission

The river music experience (rme) is a non-profit working to build the quad cities' musical heritage through education. The rme creates opportunities for children, youth, and adults to listen, write, record, appreciate, and perform music.

The river music experience transforms lives in the quad cities by providing opportunities to listen to, learn about, and play music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,429,567$3,245,478▼ $184,089
Cash and Non-Interest-Bearing Accounts$15,306$230,654▲ $215,348
Accounts Receivable$11,854$20,333▲ $8,479
Prepaid Expenses and Deferred Charges$17,753$17,283▼ $470
Inventories for Sale or Use$5,741$3,537▼ $2,204
Savings and Temporary Cash Investments$500$500→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$3,480,721$3,517,785▲ $37,064
Other Assets Total-$0-
Liabilities
Other Liabilities$1,411,536$1,474,700▲ $63,164
Deferred Revenue$57,150$45,234▼ $11,916
Accounts Payable and Accrued Expenses$25,083$25,999▲ $916
Total Liabilities$1,493,769$1,545,933▲ $52,164
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,951,952$1,699,720▼ $252,232
Net Assets With Donor Restrictions$35,000$272,132▲ $237,132
Total Net Assets Fund Balance$1,986,952$1,971,852▼ $15,100
Total Liabilities and Net Assets / Fund Balance$3,480,721$3,517,785▲ $37,064

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,117,965$3,573,050$7,691,015
Leasehold Improvements$146,486$52,440$198,926
Equipment$15,115$3,528$18,643
Other Land Buildings$-1,034,088$498,961$-535,127
Compensation and Service Providers

Employees

NameTitleBaseTotal
Tyson DannerExecutive Director$68,417$68,417

Board Members and Trustees

NameTitle
Rene GellermanChair
Ross CarlsonVice Chair
Amy BehningDirector
Beth Kundel VogelDirector
Delores TingleDirector
Jay PearceDirector
Kv DahlDirector
Sam RussellDirector
Steve BaumannDirector
Susan RamsettDirector
William CampbellDirector
Craig ShannonSecretary
Brian SchoonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$741,738
Program Service Revenue
$131,743
Investment Income
$0
Other Revenue
$267,391
All Other Contributions
$741,738
Change in Net Assets
$-15,100

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$65,000Fair Market Value (FMV) Estimate
Total Noncash Contributions$65,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$749,195
Salaries, Compensation, and Employee Benefits$406,777
Total Fundraising Expense$80,894
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,013$128,104$42,584$281,701
Depreciation Depletion$198,776--$198,776
Occupancy$47,088$64,746$5,886$117,720
All Other Expenses$28,092$51,267$6,766$86,125
Advertising$73,756$1,238$138$75,132
Current Officers, Directors, Trustees, and Key Employees$26,683$31,472$10,262$68,417
Payroll Taxes$12,635$14,617$4,960$32,212
Insurance$11,298$15,534$1,413$28,245
Other Expenses$7,706$24,564$30$24,564
Other Employee Benefits$12,136$9,819$2,492$24,447
Information Technology$6,623$9,034$821$16,478
Office Expenses$50$3,107$2,995$6,152
Interest$318--$318
Total Functional Expenses$703,485$371,593$80,894$1,155,972
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
Bechtel Deferred Income$1,400,000
Ppp Loan$74,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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

The form 990 is made available and reviewed by the appropriate board members prior to its filing.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
River Music Experience
EIN
43-2005678
Phone
5633261333
Address
129 N MAIN STREET, DAVENPORT, IA 52801

Signing Officer

Name
Tyson Danner
Title
Executive Director
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tyson Danner
Formed
2003
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
24
Volunteers
50

Preparer

Firm
Timmer And Associates CPA PC
Address
4480 - 48th Avenue Ct Suite 3, Rock Island, IL 61201-9203
Preparer
John D Timmer CPA
Phone
3097882304
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Part x, line 2:river music experience is exempt from income tax under section 501(c)(3) of the internal revenue code and comparable state law. The organization has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code.in accordance with the income taxes topic of the fasb accounting standards codification, management evaluated the organization's tax positions and concluded that the organization had maintained its tax exempt status and had taken no uncertain tax positions that require adjustments to the consolidated financial statements. Therefore, no provision or liability for income taxes has been included in the consolidated financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/MissionDesc0THE RIVER MUSIC EXPERIENCE TRANSFORMS LIVES IN THE QUAD CITIES BY PROVIDING OPPORTUNITIES TO LISTEN TO, LEARN ABOUT, AND PLAY MUSIC.
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IRS990/OfficeExpensesGrp/FundraisingAmt02995
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrincipalOfficerNm0TYSON DANNER
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IRS990/ProgramServiceRevenueGrp/Desc0FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATIONS
IRS990/ProgramServiceRevenueGrp/Desc2SHOWS AND RELATED SALES
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112338
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IRS990/PYOtherRevenueAmt0368209
IRS990/PYProgramServiceRevenueAmt0188803
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IRS990/PYSalariesCompEmpBnftPaidAmt0371486
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IRS990/PYTotalRevenueAmt0299865
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/ReconcilationRevenueExpnssAmt0-15100
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/RevenueAmt0868739
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0500
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0782244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0850516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0818826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0768377
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt093605
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0240543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0233170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0200773
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0849979
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt065927

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.26$2.40$0.85$1.37$0.52
2024Detailed filing. Detailed filing data is available for this year.$3.17$0.24$2.92$2.30$1.36$0.94
2023Detailed filing. Detailed filing data is available for this year.$3.61$1.65$1.96$0.89$1.18$0.29
2022Detailed filing. Detailed filing data is available for this year.$3.86$1.64$2.22$1.65$1.46$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$1.74$2.03$1.28$1.22$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.52$1.55$1.97$1.14$1.16$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.48$1.49$1.99$0.30$1.30$1.00
2018Detailed filing. Detailed filing data is available for this year.$4.56$1.57$2.98$1.17$1.40$0.23
2017Detailed filing. Detailed filing data is available for this year.$4.87$2.33$2.54$1.17$1.45$0.28
2016Detailed filing. Detailed filing data is available for this year.$5.11$2.29$2.82$1.47$1.52$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.44$2.15$1.71$1.08$1.00$0.08
2014Summary only. Only limited summary data is available for this year.$0.33$2.00$1.68$0.78$0.92$0.15
2013Summary only. Only limited summary data is available for this year.$5.63$2.00$3.63$1.57$1.28$0.30
2012Summary only. Only limited summary data is available for this year.$5.87$2.53$3.33$0.96$1.39$0.43
2011Summary only. Only limited summary data is available for this year.$6.11$2.34$3.76$0.86$1.30$0.44