Civic Intelligence

Bismarck Art and Galleries Association Inc.

990 • Fiscal year 2016 • EIN 45-0372046

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 13, 2017

422 E Front AveBismarck, ND 58504

(701) 223-5986

Siviq Scores

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

Liabilities / Assets

41st percentile

0.02x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.05x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Net Margin

36th percentile

-2.6%

Higher net margin than 36% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Asset Growth

40th percentile

-0.8%

Faster asset growth than 40% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-43%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$512,624

Down $4,100 (-0.8%) from 2015

Net Assets

Down

$503,432

Down $4,804 (-0.9%) from 2015

Liabilities

Up

$9,192

Up $704 (+8.3%) from 2015

Revenue

Down

$186,292

Down $139,005 (-43%) from 2015

Expenses

Up

$191,096

Up $30,933 (+19%) from 2015

Net Income

Down

-$4,804

Down $169,938 (-103%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $299,520Liabilities 2011: $14,246Net Assets 2011: $285,2742011Assets 2012: $307,951Liabilities 2012: $7,250Net Assets 2012: $300,7012012Assets 2013: $329,371Liabilities 2013: $7,789Net Assets 2013: $321,5822013Assets 2014: $356,345Liabilities 2014: $13,243Net Assets 2014: $343,1022014Assets 2015: $516,724Liabilities 2015: $8,488Net Assets 2015: $508,2362015Assets 2016: $512,624Liabilities 2016: $9,192Net Assets 2016: $503,4322016Assets 2017: $496,984Liabilities 2017: $13,565Net Assets 2017: $483,4192017Assets 2018: $486,021Liabilities 2018: $7,334Net Assets 2018: $478,6872018Assets 2019: $468,664Liabilities 2019: $5,165Net Assets 2019: $463,4992019Assets 2020: $477,485Liabilities 2020: $15,558Net Assets 2020: $461,9272020Assets 2021: $523,018Liabilities 2021: $6,353Net Assets 2021: $516,6652021Assets 2022: $523,041Liabilities 2022: $4,929Net Assets 2022: $518,1122022Assets 2023: $529,863Liabilities 2023: $8,914Net Assets 2023: $520,9492023Assets 2024: $518,830Liabilities 2024: $7,054Net Assets 2024: $511,7762024

Highlighted filing

2016

Assets$512,624
Liabilities$9,192
Net Assets$503,432

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $158,9932011Expenses 2012: $150,7852012Revenue 2013: $209,732Expenses 2013: $188,851Net Income 2013: $20,8812013Revenue 2014: $188,062Expenses 2014: $166,542Net Income 2014: $21,5202014Revenue 2015: $325,297Expenses 2015: $160,163Net Income 2015: $165,1342015Revenue 2016: $186,292Expenses 2016: $191,096Net Income 2016: -$4,8042016Revenue 2017: $173,058Expenses 2017: $193,071Net Income 2017: -$20,0132017Revenue 2018: $212,015Expenses 2018: $216,747Net Income 2018: -$4,7322018Revenue 2019: $180,438Expenses 2019: $195,626Net Income 2019: -$15,1882019Revenue 2020: $203,853Expenses 2020: $205,403Net Income 2020: -$1,5502020Revenue 2021: $253,034Expenses 2021: $198,296Net Income 2021: $54,7382021Revenue 2022: $207,529Expenses 2022: $206,082Net Income 2022: $1,4472022Revenue 2023: $200,958Expenses 2023: $198,121Net Income 2023: $2,8372023Revenue 2024: $235,405Expenses 2024: $244,578Net Income 2024: -$9,1732024

Highlighted filing

2016

Revenue$186,292
Expenses$191,096
Net Income-$4,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 13, 2017
Return Version
2016v3.0
Gross Receipts
$205,978
Mission and Program Overview

Mission

PROMOTE FINE ARTS

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$304,122$399,402▲ $95,280
Cash and Non-Interest-Bearing Accounts$211,047$111,689▼ $99,358
Prepaid Expenses and Deferred Charges$21$1,021▲ $1,000
Inventories for Sale or Use$1,534$512▼ $1,022
Total Assets$516,724$512,624▼ $4,100
Liabilities
Accounts Payable and Accrued Expenses$8,488$9,192▲ $704
Total Liabilities$8,488$9,192▲ $704
Net Assets / Fund Balance
Unrestricted Net Assets$508,236$503,432▼ $4,804
Total Net Assets Fund Balance$508,236$503,432▼ $4,804
Total Liabilities and Net Assets / Fund Balance$516,724$512,624▼ $4,100

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$299,669$196,640$496,309
Land$92,000-$92,000
Equipment$7,733$32,667$40,400
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paige PedersonPresident
Carlee McleodDirector
Cecily FongDirector
Don BarsnessDirector
Madonna GuentherDirector
Nate PalczewskiDirector
Sue CahillDirector
Linda WranghamPast Preside
Debbie Van BerkomSecretary/tr
Clare CarlsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$68,177
Program Service Revenue
$50,802
Investment Income
$11
Other Revenue
$67,302
All Other Contributions
$51,134
Change in Net Assets
$-4,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,619
Salaries, Compensation, and Employee Benefits$74,477
Total Fundraising Expense$11,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$56,442-$56,442
Office Expenses$1,818$17,047$1,326$20,191
Depreciation Depletion-$14,229-$14,229
Advertising$745$8,947$3,684$13,376
Occupancy-$12,236$550$12,786
Other Salaries and Wages-$12,742-$12,742
All Other Expenses$1,067$2,151$2,204$5,422
Payroll Taxes-$5,293-$5,293
Insurance-$4,774-$4,774
Other Expenses$27,941$2,231$3,630$2,231
Fees for Services Accounting-$2,215-$2,215
Conferences and Meetings-$142-$142
Royalties--$25$25
Interest-$12-$12
Total Functional Expenses$31,571$148,106$11,419$191,096
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$78,248
Fundraising Direct Expenses$17,280
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
CAPITAL A'FAIR$45,020$45,020$13,025$31,995
Wine Taste$12,364$12,364$1,314$11,050
Total Events$78,248$78,248$28,699$49,549
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
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
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

Form 990 is public record and made available to all board members to review before it is filed.

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

Board of directors compares salaries to local market and other non profits and votes to approve

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

Board of directors compares to local maket and other non profits and votes to approve

Form 990, Page 6, Part VI, Line 19

The organization makes its own governing document, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bismarck Art & Galleries Associatio
EIN
45-0372046
Phone
7012235986
Address
422 E FRONT AVE, BISMARCK, ND 58504

Signing Officer

Name
Linda Christman
Title
Executive Director
Phone
7012235986
Signed
2017-06-13

Organization Details

Principal Officer
Paige Pederson
Formed
1983
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
25

Preparer

Firm
Haga Kommer Ltd
Address
3811 LOCKPORT ST SUITE 2, BISMARCK, ND 58503-0801
Preparer
Jennifer Eaton
Phone
7012224100
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt054416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043698
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046719
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0414524
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02150
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05227
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05232
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt050972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0287901
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt096882
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt095829
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0494435
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05227
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IRS990ScheduleA/InvestmentIncomePYPct00.03000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0351890
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0238117
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IRS990ScheduleA/Total509Grp/TotalAmt01196860
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0218474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0242062
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0198752
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01219772
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0299669
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0196640
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0496309
IRS990ScheduleD/EquipmentGrp/BookValueAmt07733
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032667
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040400
IRS990ScheduleD/LandGrp/BookValueAmt092000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt092000
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WINE TASTE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CAPITAL A'FAIR
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04375
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012364
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PUBLIC RECORD AND MADE AVAILABLE TO ALL BOARD MEMBERS TO REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS COMPARES SALARIES TO LOCAL MARKET AND OTHER NON PROFITS AND VOTES TO APPROVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS COMPARES TO LOCAL MAKET AND OTHER NON PROFITS AND VOTES TO APPROVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS OWN GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0516724
IRS990/TotalAssetsEOYAmt0512624
IRS990/TotalAssetsGrp/BOYAmt0516724
IRS990/TotalAssetsGrp/EOYAmt0512624
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.19$0.07$5.12$2.35$2.45$0.09
2023Detailed filing. Detailed filing data is available for this year.$5.30$0.09$5.21$2.01$1.98$0.03
2022Detailed filing. Detailed filing data is available for this year.$5.23$0.05$5.18$2.08$2.06$0.01
2021Detailed filing. Detailed filing data is available for this year.$5.23$0.06$5.17$2.53$1.98$0.55
2020Detailed filing. Detailed filing data is available for this year.$4.77$0.16$4.62$2.04$2.05$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.69$0.05$4.63$1.80$1.96$0.15
2018Detailed filing. Detailed filing data is available for this year.$4.86$0.07$4.79$2.12$2.17$0.05
2017Detailed filing. Detailed filing data is available for this year.$4.97$0.14$4.83$1.73$1.93$0.20
2016Detailed filing. Detailed filing data is available for this year.$5.13$0.09$5.03$1.86$1.91$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.17$0.08$5.08$3.25$1.60$1.65
2014Detailed filing. Detailed filing data is available for this year.$3.56$0.13$3.43$1.88$1.67$0.22
2013Detailed filing. Detailed filing data is available for this year.$3.29$0.08$3.22$2.10$1.89$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.07$3.01$1.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$0.14$2.85$1.59