Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
The Third Rail
990EZ • Fiscal year 2014 • EIN 46-3399032
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.58x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Balance Sheet
Assets
Down$15,341
Down $10,358 (-40%) from 2013
Net Assets
-$8,951
No earlier filing loaded for comparison.
Liabilities
Up$24,292
Up $22,059 (+988%) from 2013
Revenue And Expenses
Revenue
Down$43,796
Down $13,820 (-24%) from 2013
Expenses
Up$76,213
Up $42,063 (+123%) from 2013
Net Income
Down-$32,417
Down $55,883 (-238%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 4, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $43,796
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 |
|---|---|---|
| PAYMENTS TO INDIVIDUALS OR ORGANIZATIONS ARE USED PRODUCED AS A SUBSTANTIAL, PRINT-BASED PUBLICATION FEATURING WORK BY INTERNATIONALLY RECOGNIZED CONTRIBUTORS, AND BEST OF ALL, IT IS OFFERED TO READERS FREE OF CHARGE.IN TAX YEAR 2014, THE ORGANIZATION ISSUED 2 PERIODICALS CONTAINING OVER 100 PAGES OF THE CONTRIBUTORS WORK. | $0 | $71,874 |
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
- 1237 4TH STREET NE, MINNEAPOLIS, MN 55413
Signing Officer
- Name
- Cameron Gainer
- Title
- President
- Phone
- 7184404486
- Signed
- 2015-11-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wipfli Llp
- Address
- 7601 FRANCE AVENUE SOUTH SUITE 400, MINNEAPOLIS, MN 55435
- Preparer
- Lauri a Roberts CPA
- Phone
- 9525483400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: advertising. Amount: 8,275.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: business registration fees. Amount: 53. Description: bank fees. Amount: 1,539. Description: supplies. Amount: 1,940. Description: website expense. Amount: 398. Description: conferences & meetings. Amount: 278. Description: education. Amount: 900. Description: licenses & taxes. Amount: 1,171. Total to form 990-ez, line 16: 6,279.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: posters - available for sale. Beg. Of year amount: 0. End of year amount: 3,511. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 3,012.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to cameron gainer. Beg. Of year amount: 2,233. End of year amount: 13,885. Description: line of credit. Beg. Of year amount: 0. End of year amount: 10,407.”
Raw XML Appendix161 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 | 1237 4TH STREET NE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55413 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 25699 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8818 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 32816 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -32417 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 35912 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 25699 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 15341 |
| IRS990EZ/GrossReceiptsAmt | 0 | 43796 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 13885 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 23466 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -8951 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 23466 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -8951 |
| 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/OrganizationFiled990TInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 1 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6523 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6279 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 8275 |
| 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 | 34022 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 2705 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PAYMENTS TO INDIVIDUALS OR ORGANIZATIONS ARE USED PRODUCED AS A SUBSTANTIAL, PRINT-BASED PUBLICATION FEATURING WORK BY INTERNATIONALLY RECOGNIZED CONTRIBUTORS, AND BEST OF ALL, IT IS OFFERED TO READERS FREE OF CHARGE.IN TAX YEAR 2014, THE ORGANIZATION ISSUED 2 PERIODICALS CONTAINING OVER 100 PAGES OF THE CONTRIBUTORS WORK. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 71874 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2233 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 24292 |
| 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 | 76213 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 71874 |
| IRS990EZ/TotalRevenueAmt | 0 | 43796 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THIRDRAILQUARTERLY.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE ORGANIZATION WAS FORMED IN 2013, AS A RESULT THE INFORMATION IN THIS COLUMN IS FOR A SHORT YEAR, JUNE THRU DECEMBER, 2013. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | FORM 990, SCHEDULE A, PART II, SECTION A, COLUMN (D) |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 32816 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56366 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 89182 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2705 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 89182 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 32816 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56366 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 89182 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 94229 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 4519 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 528 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 5047 |
| 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 | 13885 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | REIMBURSE FOR EXPENSES PAID PERSONALLY BY DIRECTOR |
| 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 | 13885 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ADVERTISING. AMOUNT: 8,275. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 53. DESCRIPTION: BANK FEES. AMOUNT: 1,539. DESCRIPTION: SUPPLIES. AMOUNT: 1,940. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 398. DESCRIPTION: CONFERENCES & MEETINGS. AMOUNT: 278. DESCRIPTION: EDUCATION. AMOUNT: 900. DESCRIPTION: LICENSES & TAXES. AMOUNT: 1,171. TOTAL TO FORM 990-EZ, LINE 16: 6,279. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: POSTERS - AVAILABLE FOR SALE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,511. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,012. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DUE TO CAMERON GAINER. BEG. OF YEAR AMOUNT: 2,233. END OF YEAR AMOUNT: 13,885. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10,407. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | 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/BuildTS | 0 | 2016-02-25 16:41:14Z |
| 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 | 2015-11-04 |
| 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 | 1237 4TH STREET NE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55413 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390758449 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WIPFLI LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7601 FRANCE AVENUE SOUTH SUITE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55435 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9525483400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-11-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LAURI A ROBERTS CPA |
| ReturnHeader/ReturnTs | 0 | 2015-11-10T14:40:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $15,341
- Liabilities
- $24,292
- Net assets
- -$8,951
- Revenue
- $43,796
- Expenses
- $76,213
- Net income
- -$32,417