Civic Intelligence

Sorg Opera Revitalization Group LLC

990EZ • Fiscal year 2017 • EIN 46-1115114

Jan 01, 2017 to Dec 31, 2017 • Filed on May 17, 2018

555 Deer Run RoadCold Spring, KY 41076

(859) 781-2233

Siviq Scores

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

Liabilities / Assets

90th percentile

0.59x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

2.02x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

90th percentile

46%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Up

$285,089

Up $46,285 (+19%) from 2016

Net Assets

$118,307

No earlier filing loaded for comparison.

Liabilities

Down

$166,782

Down $2,340 (-1.4%) from 2016

Revenue

Up

$82,690

Up $14,707 (+22%) from 2016

Expenses

Up

$44,781

Up $4,210 (+10%) from 2016

Net Income

Up

$37,909

Up $10,497 (+38%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $1Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $02013Assets 2015: $0Liabilities 2015: $02015Assets 2016: $238,804Liabilities 2016: $169,1222016Assets 2017: $285,089Liabilities 2017: $166,782Net Assets 2017: $118,3072017Assets 2018: $356,339Liabilities 2018: $167,267Net Assets 2018: $189,0722018Assets 2019: $569,584Liabilities 2019: $175,645Net Assets 2019: $393,9392019Assets 2020: $545,449Liabilities 2020: $203,559Net Assets 2020: $341,8902020Assets 2021: $500,616Liabilities 2021: $193,559Net Assets 2021: $307,0572021Assets 2022: $475,458Liabilities 2022: $187,709Net Assets 2022: $287,7492022Assets 2023: $473,526Liabilities 2023: $31,979Net Assets 2023: $441,5472023

Highlighted filing

2017

Assets$285,089
Liabilities$166,782
Net Assets$118,307

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2015: $67,983Expenses 2015: $40,571Net Income 2015: $27,4122015Revenue 2016: $67,983Expenses 2016: $40,571Net Income 2016: $27,4122016Revenue 2017: $82,690Expenses 2017: $44,781Net Income 2017: $37,9092017Revenue 2018: $119,769Expenses 2018: $49,004Net Income 2018: $70,7652018Revenue 2019: $256,069Expenses 2019: $57,239Net Income 2019: $198,8302019Revenue 2020: $154,813Expenses 2020: $206,862Net Income 2020: -$52,0492020Revenue 2021: $304,428Expenses 2021: $339,261Net Income 2021: -$34,8332021Revenue 2022: $517,412Expenses 2022: $536,720Net Income 2022: -$19,3082022Revenue 2023: $474,058Expenses 2023: $476,507Net Income 2023: -$2,4492023

Highlighted filing

2017

Revenue$82,690
Expenses$44,781
Net Income$37,909
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 17, 2018
Return Version
2017v2.2
Gross Receipts
$95,380
Mission and Program Overview

Mission

To bring diverse music of many genres in order to bring additional cultural and educational opportunities to the residents of middletown, ohio and the region and to use funds derived from those efforts to rehab and revitalize a 128 year old theater.

To revitalize and operate the Sorg Opera House as a multi-purpose venue and as a catalyst for community economic development within Middletown, Ohio and surrounding areas.

Program Services

DescriptionGrantsExpenses
Butler Philharmonic Orchestra performance (09.24.2017) and Blue Wisp Big Band (10.21.2017) concerts to benefit the renovation of the historic opera house-$12,690
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES E MILLERChairPT$0--
KEN BOWMANTreasurerPT$0--
DENISE BRODSKYSecretaryPT$0--
JEFF JOHNSONDirectorPT$0--
SYLVIA MCINTOSHDirectorPT$0--
ROGER DANIELDirector-$0--
NORMA ARMSTRONGDirectorPT$0--
GARY ARMSTRONGDirectorPT$0--
DAWN WAMSLEYDirectorPT$0--
DENISE HAMETDirector-$0--
BOB MELLOHDirectorFT$0--
WALT MCREEDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concert$27,537$27,537-$27,537
Total Events$27,537$27,537$12,690$14,847
Filing and Contact Details

Filer

Filer Name
Sorg Opera Revitalization Group LLC
EIN
46-1115114
Phone
8597812233
Address
555 Deer Run Road, Cold Spring, KY 41076

Signing Officer

Name
Charles E Miller
Title
Chair
Phone
8597812233
Signed
2018-05-17
Discuss with paid preparer
Yes

Preparer

Firm
Andrew Modrall & Associates CPAs
Address
725 Alexandria Pike, Fort Thomas, KY 41075-2168
Preparer
Andrew R Modrall CPA
Phone
8594414700
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Depreciation 6387.

Form 990EZ, Part I, Line 16

Interest expense 3391.

Raw XML Appendix185 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation 6387.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest expense 3391.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/Filer/EIN0461115114
ReturnHeader/Filer/PhoneNum08597812233
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 Deer Run Road
ReturnHeader/Filer/USAddress/CityNm0Cold Spring
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041076
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-30T12:35:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings