Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
The Third Rail
990EZ • Fiscal year 2021 • EIN 46-3399032
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.93x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
Up$61,172
Up $29,523 (+93%) from 2020
Net Assets
Up$4,241
Up $12,419 (+152%) from 2020
Liabilities
Up$56,931
Up $17,104 (+43%) from 2020
Revenue And Expenses
Revenue
Up$67,752
Up $1,305 (+2.0%) from 2020
Expenses
Up$55,333
Up $37,911 (+218%) from 2020
Net Income
Down$12,419
Down $36,606 (-75%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 12, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $67,752
Mission and Program Overview
Mission
The Third Rail is a free nonprofit periodical devoted to a discussion of modern and contemporary art, politics, philosophy, and culture, featuring critical essays and reviews, interviews, literary arts, and artist center spread projects.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IN 2021 WE DISTRIBUTED COMMISSIONED AND EDITED ESSAYS AND PROJECTS BY INTERNATIONALLY RECOGNIZED CONTRIBUTORS FOR A SUBSTANTIAL, PRINT-BASED PUBLICATION. THE PUBLICATION IS ALWAYS OFFERED TO OUR READERS FREE OF CHARGE. | $0 | $51,981 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CAMERON GAINER | President | - | $0 | - | - |
| PHONG BUI | Member | - | $0 | - | - |
| CHRIS LARSON | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Third Rail
- EIN
- 46-3399032
- Phone
- 7184404486
- Address
- PO BOX 948 100 EAST STREET, CAREFREE, AZ 85377
Signing Officer
- Name
- Cameron Gainer
- Title
- President
- Phone
- 7184404486
- Signed
- 2022-11-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wipfli Llp
- Address
- 1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
- Preparer
- Michael J Peterson CPA
- Phone
- 2187224705
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: education. Amount: 150. Description: bank fees. Amount: 290. Description: interest expense. Amount: 1,916. Description: licenses and taxes. Amount: 13. Description: website expense. Amount: 806. Description: fiscal sponsor - terrain biennial. Amount: 10,000. Description: fiscal sponsor - confluence support. Amount: 15,446. Total to form 990-ez, line 16: 28,621.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 3,013. End of year amount: 3,013.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to cameron gainer. Beg. Of year amount: 36,000. End of year amount: 36,000. Description: line of credit. Beg. Of year amount: 3,827. End of year amount: 20,931.”
Raw XML Appendix166 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 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CAMERON GAINER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7184404486 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 948 100 EAST STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CAREFREE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85377 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 28636 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 58159 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 64850 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12419 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5425 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31649 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 61172 |
| IRS990EZ/GrossReceiptsAmt | 0 | 67752 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 36000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -8178 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 4241 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -8178 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4241 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CAMERON GAINER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PHONG BUI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHRIS LARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3013 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3013 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28621 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE THIRD RAIL IS A FREE NONPROFIT PERIODICAL DEVOTED TO A DISCUSSION OF MODERN AND CONTEMPORARY ART, POLITICS, PHILOSOPHY, AND CULTURE, FEATURING CRITICAL ESSAYS AND REVIEWS, INTERVIEWS, LITERARY ARTS, AND ARTIST CENTER SPREAD PROJECTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 21287 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 2902 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN 2021 WE DISTRIBUTED COMMISSIONED AND EDITED ESSAYS AND PROJECTS BY INTERNATIONALLY RECOGNIZED CONTRIBUTORS FOR A SUBSTANTIAL, PRINT-BASED PUBLICATION. THE PUBLICATION IS ALWAYS OFFERED TO OUR READERS FREE OF CHARGE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 51981 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 39827 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 56931 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 55333 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 51981 |
| IRS990EZ/TotalRevenueAmt | 0 | 67752 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THIRDRAILQUARTERLY.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 64850 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56804 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22843 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26963 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 44680 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 216140 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 110113 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.40060 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.40720 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 86578 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 129562 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 64850 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56804 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22843 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26963 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 44680 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 216140 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 216140 |
| 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 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 36000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | REIMBURSE FOR EXPENSES PAID PERSONALLY BY DIRECTOR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 2233 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | CAMERON GAINER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | BOARD PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 36000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: EDUCATION. AMOUNT: 150. DESCRIPTION: BANK FEES. AMOUNT: 290. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,916. DESCRIPTION: LICENSES AND TAXES. AMOUNT: 13. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 806. DESCRIPTION: FISCAL SPONSOR - TERRAIN BIENNIAL. AMOUNT: 10,000. DESCRIPTION: FISCAL SPONSOR - CONFLUENCE SUPPORT. AMOUNT: 15,446. TOTAL TO FORM 990-EZ, LINE 16: 28,621. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,013. END OF YEAR AMOUNT: 3,013. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DUE TO CAMERON GAINER. BEG. OF YEAR AMOUNT: 36,000. END OF YEAR AMOUNT: 36,000. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 3,827. END OF YEAR AMOUNT: 20,931. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CAMERON GAINER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7184404486 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE THIRD RAIL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | THIR |
| ReturnHeader/Filer/EIN | 0 | 463399032 |
| ReturnHeader/Filer/PhoneNum | 0 | 7184404486 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 948 100 EAST STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CAREFREE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85377 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390758449 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WIPFLI LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1502 LONDON ROAD SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DULUTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55812 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2187224705 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL J PETERSON CPA |
| ReturnHeader/ReturnTs | 0 | 2022-11-15T06:55:44-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CAMERON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GAINER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $61,172
- Liabilities
- $56,931
- Net assets
- $4,241
- Revenue
- $67,752
- Expenses
- $55,333
- Net income
- $12,419