Civic Intelligence

San Angelo Performing Arts Coalition Inc.

990 • Fiscal year 2017 • EIN 45-3031837

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

82 Gillis StSan Angelo, TX 76903

(325) 947-7071

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.14x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.52x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

14th percentile

$37,069

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

94th percentile

50%

Faster asset growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

819%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$24,116,001

Up $8,053,670 (+50%) from 2016

Net Assets

Up

$20,657,125

Up $5,937,860 (+40%) from 2016

Liabilities

Up

$3,458,876

Up $2,115,810 (+158%) from 2016

Revenue

Up

$6,705,370

Up $5,975,601 (+819%) from 2016

Expenses

Up

$714,315

Up $600,228 (+526%) from 2016

Net Income

Up

$5,991,055

Up $5,375,373 (+873%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $14,476,898Liabilities 2015: $373,315Net Assets 2015: $14,103,5832015Assets 2016: $16,062,331Liabilities 2016: $1,343,066Net Assets 2016: $14,719,2652016Assets 2017: $24,116,001Liabilities 2017: $3,458,876Net Assets 2017: $20,657,1252017Assets 2018: $22,959,235Liabilities 2018: $60,449Net Assets 2018: $22,898,7862018Assets 2019: $22,331,744Liabilities 2019: $149,724Net Assets 2019: $22,182,0202019Assets 2020: $21,663,989Liabilities 2020: $84,630Net Assets 2020: $21,579,3592020Assets 2021: $20,948,883Liabilities 2021: $50,776Net Assets 2021: $20,898,1072021Assets 2022: $20,707,818Liabilities 2022: $129,610Net Assets 2022: $20,578,2082022Assets 2023: $19,766,301Liabilities 2023: $193,570Net Assets 2023: $19,572,7312023Assets 2024: $19,089,739Liabilities 2024: $23,570Net Assets 2024: $19,066,1692024

Highlighted filing

2017

Assets$24,116,001
Liabilities$3,458,876
Net Assets$20,657,125

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $14,141,908Expenses 2015: $46,447Net Income 2015: $14,095,4612015Revenue 2016: $729,769Expenses 2016: $114,087Net Income 2016: $615,6822016Revenue 2017: $6,705,370Expenses 2017: $714,315Net Income 2017: $5,991,0552017Revenue 2018: $4,533,409Expenses 2018: $2,291,748Net Income 2018: $2,241,6612018Revenue 2019: $1,277,075Expenses 2019: $1,961,129Net Income 2019: -$684,0542019Revenue 2020: $1,154,587Expenses 2020: $1,757,249Net Income 2020: -$602,6622020Revenue 2021: $355,859Expenses 2021: $1,037,115Net Income 2021: -$681,2562021Revenue 2022: $1,245,195Expenses 2022: $1,565,094Net Income 2022: -$319,8992022Revenue 2023: $1,257,249Expenses 2023: $2,125,410Net Income 2023: -$868,1612023Revenue 2024: $1,052,767Expenses 2024: $1,762,033Net Income 2024: -$709,2662024

Highlighted filing

2017

Revenue$6,705,370
Expenses$714,315
Net Income$5,991,055
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$6,705,370
Mission and Program Overview

Mission

Create, design, build, manage, operate and maintain a performing arts campus for music, dance,theater and other performing arts.

Create, design, build, manage, operate and maintain a performing arts campus for music, dance, theater and other performing arts in san angelo, texas, and any other purposes related thereto permitted by the texas non-profit corporation act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,163,596$20,333,262▲ $11,169,666
Cash and Non-Interest-Bearing Accounts$4,119,938$1,712,054▼ $2,407,884
Pledges and Grants Receivable-$1,320,000-
Prepaid Expenses and Deferred Charges-$82,500-
Savings and Temporary Cash Investments$3,897--
Accounts Receivable$1,454,900$685▼ $1,454,215
Total Assets$16,062,331$24,116,001▲ $8,053,670
Other Assets Total$1,320,000$667,500▼ $652,500
Liabilities
Other Liabilities$821,806$1,868,983▲ $1,047,177
Accounts Payable and Accrued Expenses$521,260$1,581,052▲ $1,059,792
Deferred Revenue-$8,841-
Total Liabilities$1,343,066$3,458,876▲ $2,115,810
Net Assets / Fund Balance
Unrestricted Net Assets$12,219,265$18,704,378▲ $6,485,113
Temporarily Rstr Net Assets$2,500,000$1,952,747▼ $547,253
Total Net Assets Fund Balance$14,719,265$20,657,125▲ $5,937,860
Total Liabilities and Net Assets / Fund Balance$16,062,331$24,116,001▲ $8,053,670

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$11,215,450$127,427$11,342,877
Buildings$8,761,220$97,846$8,859,066
Land$180,407-$180,407
Equipment$176,185$2,275$178,460
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark LevineExecutive DirectorFT$37,069$37,069

Board Members and Trustees

NameTitle
Delilah HarperPast President
Fred KeyPresident
Andrew GravesVice President
Camille YaleDirECTOR
Candyce PflugerDirector
Carolyn McEnrueDirector
Cathryn SandersDirector
Chris SuggDirector
Courtney MahaffeyDirector
Cynthia LackeyDirector
David CummingsDirector
Dedra KnoxDirector
Gus ClemensDirector
Janie DelaneyDirector
John IrishDirector
Larry HettickDirector
Lisa HeathDirector
Sandra GrayDirector
Scott StegerDirector
Susan BrooksDirector
Tanya PflugerDirector
Taylor HowardDirector
Terri AlbertDirector
Gayla ThorntonMember
Matt LewisMember
Susan KinneyMember
Kevin KentSecretary
Mark StevensonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Killis Almond ArchitectsDesign Plans for Renovation342 Wilkens Avenue, San Antonio, TX 78210$252,917
Revenue and Support

Revenue Composition

Contributions and Grants
$6,615,806
Program Service Revenue
$53,448
Investment Income
$853
Other Revenue
$35,263
All Other Contributions
$1,178,256
Change in Net Assets
$5,991,055

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,705,370
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,100
Total Revenue per Audited Statements
$6,707,470
Total Revenue per Form 990
$6,705,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$534,746
Salaries, Compensation, and Employee Benefits$179,569
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$203,019-$203,019
Other Salaries and Wages-$97,700-$97,700
Current Officers, Directors, Trustees, and Key Employees-$81,869-$81,869
Advertising$37,604$20,183-$57,787
Occupancy-$53,973-$53,973
Information Technology$34,432$2,496-$36,928
Office Expenses$1,736$24,864-$26,600
Fees for Services Accounting-$21,405-$21,405
Insurance-$19,442-$19,442
Travel$4,871$7,478-$12,349
Other Expenses$88,810$2,350-$2,350
All Other Expenses$2,178$140-$2,318
Fees for Services Legal-$600-$600
Fees for Services Other-$85-$85
Total Functional Expenses$169,631$544,684$0$714,315

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$716,415
Expenses per Audited Statements$714,315
Total Expenses per Form 990$714,315
Expenses Not Reported on Form 990$2,100
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to City of San Angelo$1,868,983
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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, Part VI, Section A, line 2

Candyce Pfluger and Tanya Pfluger have a family relationship.

Form 990, Part VI, Section B, line 11B

Before form 990 is filed with the internal revenue service, the board of directors is given the opportunity to review the return. Any questions concerning the return are then referred to the independent accountant who prepared the return.

Form 990, Part VI, Section C, line 19

All governing documents, copies of tax returns, and financial statements are avaliable to the general public upon request.

Filing and Contact Details

Filer

Filer Name
San Angelo Performing Arts Coalition
EIN
45-3031837
Phone
3259477071
Address
82 Gillis St, San Angelo, TX 76903

Signing Officer

Name
Andrew Graves
Title
President
Phone
3259477071
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Graves
Formed
2011
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
4
Volunteers
38

Preparer

Firm
Armstrong Backus & Co Llp
Address
P O Box 71, SAN ANGELO, TX 76902
Preparer
Gayla Thornton CPA
Phone
3256536854
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

EXPENSES REPORTED ON Form 990 PART VIII: Direct Advertising Refund 2,100.

Part XII, Line 2D - Other Adjustments:

EXPENSES REPORTED ON FORM 990 PART VIII: Direct Advertising Refund 2,100.

Raw XML AppendixShowing 400 of 601 raw XML fields

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/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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