Civic Intelligence

Green Mountain Performing Arts Inc.

990 • Fiscal year 2012 • EIN 45-3569082

Sep 01, 2011 to Aug 31, 2012 • Filed on Feb 08, 2013

37 Commercial Drive05676
Siviq Scores

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

Liabilities / Assets

88th percentile

0.50x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$101,101

No earlier filing loaded for comparison.

Net Assets

$50,118

No earlier filing loaded for comparison.

Liabilities

$50,983

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$207,778

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $101,101Liabilities 2012: $50,983Net Assets 2012: $50,1182012Assets 2013: $91,261Liabilities 2013: $35,580Net Assets 2013: $55,6812013Assets 2014: $83,407Liabilities 2014: $36,432Net Assets 2014: $46,9752014Assets 2015: $72,311Liabilities 2015: $20,694Net Assets 2015: $51,6172015Assets 2016: $69,216Liabilities 2016: $24,789Net Assets 2016: $44,4272016Assets 2017: $58,884Liabilities 2017: $13,965Net Assets 2017: $44,9192017Assets 2018: $52,450Liabilities 2018: $14,627Net Assets 2018: $37,8232018Assets 2019: $57,968Liabilities 2019: $2,278Net Assets 2019: $55,6902019Assets 2020: $50,675Liabilities 2020: $39,474Net Assets 2020: $11,2012020Assets 2021: $41,107Liabilities 2021: $35,054Net Assets 2021: $6,0532021Assets 2022: $35,565Liabilities 2022: $15,042Net Assets 2022: $20,5232022Assets 2023: $50,173Liabilities 2023: $13,861Net Assets 2023: $36,3122023Assets 2024: $86,366Liabilities 2024: $12,447Net Assets 2024: $73,9192024

Highlighted filing

2012

Assets$101,101
Liabilities$50,983
Net Assets$50,118

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2012: $207,7782012Expenses 2013: $252,9952013Revenue 2014: $164,661Expenses 2014: $173,367Net Income 2014: -$8,7062014Revenue 2015: $173,484Expenses 2015: $168,842Net Income 2015: $4,6422015Revenue 2016: $157,216Expenses 2016: $164,406Net Income 2016: -$7,1902016Revenue 2017: $176,923Expenses 2017: $176,431Net Income 2017: $4922017Revenue 2018: $145,190Expenses 2018: $152,286Net Income 2018: -$7,0962018Revenue 2019: $184,697Expenses 2019: $166,830Net Income 2019: $17,8672019Revenue 2020: $142,927Expenses 2020: $187,416Net Income 2020: -$44,4892020Revenue 2021: $189,677Expenses 2021: $194,825Net Income 2021: -$5,1482021Revenue 2022: $221,504Expenses 2022: $207,034Net Income 2022: $14,4702022Revenue 2023: $274,304Expenses 2023: $258,515Net Income 2023: $15,7892023Revenue 2024: $279,397Expenses 2024: $241,790Net Income 2024: $37,6072024

Highlighted filing

2012

Revenue-
Expenses$207,778
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2011 to Aug 31, 2012
Signed
Feb 8, 2013
Return Version
2011v1.5
Gross Receipts
$257,896
Mission and Program Overview

Mission

The mission of Green Mountain Performing Arts (GMPA) is to enhance community cultural vitality by providing fully accessible dance, theatre and music education in a creative and supportive environment to people of all ages, with a focus on children and youth.

Major Activities

Activity 2
Community Performances/Events. Despite the programming challenges inherent in operating 1/3 of the year without a dedicated studio home (due to the August 2011 Waterbury-wide flood), and an additional 1/3 of the year working in a studio undergoing ongoing construction work, GMPA offered a thriving performance and event schedule throughout 2011-2012. Our events provided our students with performance opportunities, gave the gifts of dance and music back to our community, and provided an additional base of operating support to enable us to keep tuition costs affordably low. Key events included: 2nd annual Hip Hop Nutcracka (December), Green Mountain Children's Celtic Festival (March), Taber Merchant Memorial Variety Show (May), Annual Studio Recital (May), Beauty & the Beast Musical Theatre Production (June), and the Urban Arts Fest (August).
Activity 3
Taber Merchant Memorial Scholarship Fund. Our commitment to accessibility is two-fold: the studio offers adaptive classes for children with special needs, and provides tuition assistance to all students in need of financial support through the Taber Merchant Memorial Scholarship Fund. As One Studio Dance (our for-profit successor organization), approximately $7780 was offered in tuition support in 2010-2011. We saw requests for support jump to $11,500 in 2011-2012, due to the number of local families whose home and/or business were impacted by Irene-related flooding. Due to how programming was divided in this transitional year, the majority of the 2011-2012 scholarship costs were assumed by One Studio Dance in 2011-with the remaining scholarship reductions being covered through the $3688 raised by GMPA for activities from January 1-August 30th, 2012.
Filing and Contact Details

Filer

EIN
45-3569082
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IRS990/Activity2/Description0Community Performances/Events. Despite the programming challenges inherent in operating 1/3 of the year without a dedicated studio home (due to the August 2011 Waterbury-wide flood), and an additional 1/3 of the year working in a studio undergoing ongoing construction work, GMPA offered a thriving performance and event schedule throughout 2011-2012. Our events provided our students with performance opportunities, gave the gifts of dance and music back to our community, and provided an additional base of operating support to enable us to keep tuition costs affordably low. Key events included: 2nd annual Hip Hop Nutcracka (December), Green Mountain Children's Celtic Festival (March), Taber Merchant Memorial Variety Show (May), Annual Studio Recital (May), Beauty & the Beast Musical Theatre Production (June), and the Urban Arts Fest (August).
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IRS990/Activity3/Description0Taber Merchant Memorial Scholarship Fund. Our commitment to accessibility is two-fold: the studio offers adaptive classes for children with special needs, and provides tuition assistance to all students in need of financial support through the Taber Merchant Memorial Scholarship Fund. As One Studio Dance (our for-profit successor organization), approximately $7780 was offered in tuition support in 2010-2011. We saw requests for support jump to $11,500 in 2011-2012, due to the number of local families whose home and/or business were impacted by Irene-related flooding. Due to how programming was divided in this transitional year, the majority of the 2011-2012 scholarship costs were assumed by One Studio Dance in 2011-with the remaining scholarship reductions being covered through the $3688 raised by GMPA for activities from January 1-August 30th, 2012.
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IRS990/Description0Weekly performing arts classes for Children & Youth, and adult fitness classes. GMPA opened its first partial fiscal year in 2011-2012 as a nonprofit with an enrollment of close to 400 students (the majority of whom are children and youth in ongoing, weekly classes). Our students are largely drawn from rural communities and small towns in Central Vermont (populations under 5,000). GMPA's popular, proven syllabus builds a strong foundation in dance and movement, taught in a joyful, creative environment, with many points of access into the larger community. Course offerings include: * Creative Dance * Ballet * Lyrical * Modern * Contemporary * Jazz * Hip Hop * Breaking * Highland * Irish Step * Ballroom * Musical Theatre * Adult Dance & Fitness *
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IRS990ScheduleO/GeneralExplanation/Explanation0ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation1The purpose of the conflict of interest policy is to protect the Corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Corporation, or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable Corporations.We carefully review expenses and approve proposed expenditures to verify that the vendor is an approved vendor. After a thorough check of the interested party we approve or deny the expenditure. If a member of the Board or executive staff has an interest in the party, they are excused from the vote.a.Chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.b.After exercising due diligence, the governing board or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.c.If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
IRS990ScheduleO/GeneralExplanation/Explanation2As proposed in our November 2012 Board of Directors meeting, the board will meet in executive session and review the Form 990 as presented by Treasurer. As we review financials on a monthly basis we are aware of our current financial picture. The Treasurer will be on hand to answer questions and provide a check list to members of the Board.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
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IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 11: Form 990 Review Process
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IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10GREEN MOUNTAIN PERFORMING ARTS INC
IRS990/TheBooksAreInCareOf/AddressUS/City0WATERBURY
IRS990/TheBooksAreInCareOf/AddressUS/State0VT
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode0056769056
IRS990/TheBooksAreInCareOf/NamePerson0DARCY SWAN
IRS990/TheBooksAreInCareOf/TelephoneNumber08022239839
IRS990/TotalAssets/BOY00
IRS990/TotalAssets/EOY0101101
IRS990/TotalAssetsEOY0101101
IRS990/TotalCompGT150K0false
IRS990/TotalContributions071941
IRS990/TotalExpensesCurrentYear0207778
IRS990/TotalFunctionalExpenses/Fundraising08638
IRS990/TotalFunctionalExpenses/ManagementAndGeneral035191
IRS990/TotalFunctionalExpenses/ProgramServices0163949
IRS990/TotalFunctionalExpenses/Total0207778
IRS990/TotalFundrsngExpCurrentYear08638
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilities/EOY050983
IRS990/TotalLiabilitiesEOY050983
IRS990/TotalLiabNetAssetsFundBalances/BOY00
IRS990/TotalLiabNetAssetsFundBalances/EOY0101101
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers075
IRS990/TotalNetAssetsFundBalances/BOY00
IRS990/TotalNetAssetsFundBalances/EOY050118
IRS990/TotalOtherRevenue0644
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0163949
IRS990/TotalProgramServiceRevenue0185311
IRS990/TotalRevenueCurrentYear0257896
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0185955
IRS990/TotalRevenue/TotalRevenueColumn0257896
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TravelEntrtnmntPublicOfficials/Total00
IRS990/Travel/ProgramServices01318
IRS990/Travel/Total01318
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/EOY050118
IRS990/UponRequest0X
IRS990/WebSite0WWW.GREENMOUNTAINPERFORMINGARTS.ORG
IRS990/WhistleblowerPolicy0false
IRS990/WrittenPolicyOrProcedure0false
IRS990/YearFormation02012

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.12$0.74$2.79$2.42$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.14$0.36$2.74$2.59$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.15$0.21$2.22$2.07$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.35$0.06$1.90$1.95$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.39$0.11$1.43$1.87$0.44
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.02$0.56$1.85$1.67$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.15$0.38$1.45$1.52$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.14$0.45$1.77$1.76$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.25$0.44$1.57$1.64$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.21$0.52$1.73$1.69$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.36$0.47$1.65$1.73$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.36$0.56$2.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.51$0.50$2.08