Civic Intelligence

Save the Corcoran

EIN 45-5637109 • 501(c)3 • Washington, DC

Profile

Please see Schedule O.

3107 18th Street NWWashington, DC 20010

www.savethecorcoran.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

3rd percentile

-915%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

13th percentile

-86%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

5th percentile

-98%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Assets

Down

$154

Down $915 (-86%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$154

Down $915 (-86%) from 2016

Revenue

$100

No earlier filing loaded for comparison.

Expenses

Down

$1,015

Down $4,220 (-81%) from 2016

Net Income

-$915

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0K$6.0K$4.0K$2.0K$0Assets 2014: $550Liabilities 2014: $02014Assets 2015: $6,304Liabilities 2015: $02015Assets 2016: $1,069Net Assets 2016: $1,0692016Assets 2017: $154Net Assets 2017: $1542017

Highlighted filing

2017

Assets$154
Liabilities-
Net Assets$154

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2014: $50Expenses 2014: $5,708Net Income 2014: -$5,6582014Revenue 2015: $193,667Expenses 2015: $187,913Net Income 2015: $5,7542015Expenses 2016: $5,2352016Revenue 2017: $100Expenses 2017: $1,015Net Income 2017: -$9152017

Highlighted filing

2017

Revenue$100
Expenses$1,015
Net Income-$915

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$100
Mission and Program Overview

Mission

Please see Schedule O.

Program Services

DescriptionGrantsExpenses
Program Service Accomplishments 1 Assembled a group of students, faculty, and staff to intervene on cy-pres proceedings 2 prepared a legal defense for the Corcoran to remain independent Continued in Schedule O.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jayme McLellanPresident/DirectorPT$0--
Brigitte ReyesSecretary/Treasurer/Director-$0--
Jacqueline HiersteinerExecutive Director/Director-$0--
Filing and Contact Details

Filer

Filer Name
Save the Corcoran
EIN
45-5637109
Phone
2026073804
Address
3107 18th Street NW, Washington, DC 20010

Signing Officer

Name
Jayme McLellan
Title
President
Signed
2017-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Beams Management Group LLC
Address
112 Sunset Trail, Madison, AL 35758
Preparer
Nancy R Beams CPA
Phone
2567721967
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Bank charges and credit card fees 15

Form 990-EZ, Part I, Line 13

Professional Fees and Other Payments to Independent Contractors is comprised of Accounting Fees of 200 and Other Outside Contract Services of 800.

Form 990-EZ, Part III, Line 28

Organizations Primary Exempt Purpose Save the Corcoran is a non-profit organization comprised of a broad community of trustees, donors, artists, students, faculty, alumni and supporters, united to oppose the sale and dissolution of the Corcoran and to preserve the integrity of the art community in Washington, D.C. Save the Corcoran went to trial in August 2014 to try to stop the Corcorans Board of Directors from receiving cy-pres determination to dissolve the Corcorans 150 year old deed and charter. Since that time, the groups mission remains to engage with the community regarding the Corcorans history and support the growth and integrity of the Washington, D.C. art community.

Form 990-EZ, Part III, Line 28

Program Service Accomplishments 1 Assembled a group of students, faculty, and staff to intervene on cy-pres proceedings 2 prepared a legal defense for the Corcoran to remain independent 3 prepared and implemented a PR and marketing strategy to share what was happening 4 created an alternate plan including an alternate Board of Directors 5 began a draft of a book on the history and dissolution of the Corcoran 6 engaged with the community including public talks on the dissolution 7 maintain www.savethecorcoran.org as an archive.

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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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