Rapid City Arts Foundation

990EZ • Fiscal year 2016 • EIN 46-0407996

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 27, 2017

Organization Profile N/A

713 Seventh StreetRapid City, SD 57701

(605) 394-4101

Siviq Scores

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

No value available

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

Source year 2016

No value available

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

Source year 2016

-1983%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-100%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

335%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $470,098 (-100%) from 2015

Net Assets

Down

Down $470,098 (-100%) from 2015

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin1st percentile

Revenue

$24,408

Up $18,799 (+335%) from 2015

Expenses

$508,301

Up $496,921 (+4367%) from 2015

Net Income

Down

-$483,893

Down $478,122 (-8285%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

Highlighted filing

2016

Assets$0

Liabilities-

Net Assets$0

Open 2016 Filing

Operations Trend

Revenue Growth98th percentile

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

Highlighted filing

2016

Revenue$24,408

Expenses$508,301

Net Income-$483,893

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Oct 27, 2017
Return Version: 2016v3.0
Gross Receipts: $112,955

Mission and Program Overview

Mission

To provide financial support to the rapid city fine arts council and provide scholarships for art programming activities.

Program Services

Description	Grants	Expenses
TO PROVIDE FINANCIAL SUPPORT TO THE RAPID CITY FINE ARTS COUNCIL	$505,477	$507,715

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DEBBIE RADLEY	President	-	$0	-	-
EIRIK HEIKES	Vice Preside	-	$0	-	-
GABRIELLE SEELEY	Treasurer	-	$0	-	-
JOE MILLER	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Rapid City Arts Foundation
EIN: 46-0407996
Phone: 6053944101
Address: 713 SEVENTH STREET, RAPID CITY, SD 57701

Signing Officer

Name: Debbie Radley
Title: President
Phone: 6053944101
Signed: 2017-10-27

Preparer

Firm: Ketel Thorstenson Llp
Address: PO BOX 3140, RAPID CITY, SD 57709-3140
Preparer: Nina Braun CPA
Phone: 6053425630

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Rapid city fine arts council promote arts 713 7th st rapid city, sd 57701 8,387 0 0 black hills area comm. Foundation 825 st joseph street 3rd floor rapid city, sd 57709 401,364 0 0 south dakota community foundation 1714 lincoln ave pierre, sd 57501 95,726 0 0”

Form 990-ez, Part I, Line 20

“Unrealized gain on investments 13,795”

Form 990-ez, Part II, Line 24

“Beneficial interest in black hills 0 0 area community foundation 190,098 0 total 190,098 0”

Form 990-ez, Part III

“To provide financial support to the rapid city fine arts council and provide scholarships for art programming activities.”

Raw XML Appendix169 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	LIZ HAMBURG
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6057180112
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	825 ST JOSEPH STREET 3RD FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	RAPID CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	57701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	280000
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	107502
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	88547
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-483893
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2824
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/FinalReturnInd	0	X
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	470098
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-88547
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	505477
IRS990EZ/GrossReceiptsAmt	0	112955
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	5453
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	470098
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	470098
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DEBBIE RADLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	EIRIK HEIKES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	GABRIELLE SEELEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	JOE MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	SECRETARY
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	true
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	190098
IRS990EZ/OtherChangesInNetAssetsAmt	0	13795
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROVIDE FINANCIAL SUPPORT TO THE RAPID CITY FINE ARTS COUNCIL AND PROVIDE SCHOLARSHIPS FOR ART PROGRAMMING ACTIVITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO PROVIDE FINANCIAL SUPPORT TO THE RAPID CITY FINE ARTS COUNCIL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	505477
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	507715
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	508301
IRS990EZ/TotalProgramServiceExpensesAmt	0	507715
IRS990EZ/TotalRevenueAmt	0	24408
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd	0	false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd	0	true
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/SupportedOrganizationsCnt	0	1
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	237116252
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd	0	10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	8387
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	RAPID CITY FINE ARTS COUNCIL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt	0	RAPID CITY FINE ARTS COUNCIL (501C3)
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType2Ind	0	X
IRS990ScheduleA/SupportSumAmt	0	8387
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleN/AssetsDistributedInd	0	true
IRS990ScheduleN/BondsOutstandingInd	0	false
IRS990ScheduleN/DirectorOfSuccessorInd	0	false
IRS990ScheduleN/EmployeeOfSuccessorInd	0	false
IRS990ScheduleN/LiabilitiesPaidInd	0	true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc	0	INVESTMENT FUND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	0	2017-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN	0	363608635
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt	0	401364
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt	0	501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	0	COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm	0	BLACK HILLS COMMUNITY FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	0	713 7TH STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm	0	RAPID CITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd	0	SD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd	0	57701
IRS990ScheduleN/OwnerOfSuccessorInd	0	false
IRS990ScheduleN/ReceiveCompensationInd	0	false
IRS990ScheduleN/RequiredToNotifyAGInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	RAPID CITY FINE ARTS COUNCIL PROMOTE ARTS 713 7TH ST RAPID CITY, SD 57701 8,387 0 0 BLACK HILLS AREA COMM. FOUNDATION 825 ST JOSEPH STREET 3RD FLOOR RAPID CITY, SD 57709 401,364 0 0 SOUTH DAKOTA COMMUNITY FOUNDATION 1714 LINCOLN AVE PIERRE, SD 57501 95,726 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	UNREALIZED GAIN ON INVESTMENTS 13,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	BENEFICIAL INTEREST IN BLACK HILLS 0 0 AREA COMMUNITY FOUNDATION 190,098 0 TOTAL 190,098 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO PROVIDE FINANCIAL SUPPORT TO THE RAPID CITY FINE ARTS COUNCIL AND PROVIDE SCHOLARSHIPS FOR ART PROGRAMMING ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	DEBBIE RADLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6053944101
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	RAPID CITY ARTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	RAPI
ReturnHeader/Filer/EIN	0	460407996
ReturnHeader/Filer/PhoneNum	0	6053944101
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	713 SEVENTH STREET
ReturnHeader/Filer/USAddress/CityNm	0	RAPID CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	SD
ReturnHeader/Filer/USAddress/ZIPCd	0	57701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	B833B61C22B3C05DE045AAED32DA0F16F69C7FD2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	55286B9921647A9DECF737468F1FFA0803458EC7
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	460257538
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	KETEL THORSTENSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO BOX 3140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	RAPID CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	577093140
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6053425630
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	NINA BRAUN CPA
ReturnHeader/ReturnTs	0	2017-10-30T12:01:16-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $0
Liabilities: -
Net assets: $0
Revenue: $24,408
Expenses: $508,301
Net income: -$483,893

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$0.00		$0.00	$0.24	$5.08	$4.84
2015Detailed filing. Detailed filing data is available for this year.	$4.70		$4.70	$0.06	$0.11	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$4.87		$4.87	$0.07	$0.10	$0.04
2013Detailed filing. Detailed filing data is available for this year.	$4.86		$4.86	$0.07	$0.08	$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.66		$4.66	$0.38	$0.08	$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.20		$4.20	$0.06	$0.08	$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.31		$4.31	$0.04	$0.07	$0.03