Civic Intelligence

Public Space One

990 • Fiscal year 2022 • EIN 46-4168572

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

229 N Gilbert StIowa City, IA 52245

(319) 855-1985

Siviq Scores

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

Liabilities / Assets

86th percentile

0.57x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

6.62x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

6th percentile

-56%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

43rd percentile

$29,150

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

26th percentile

-6.3%

Faster asset growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-76%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,952,364

Down $131,512 (-6.3%) from 2021

Net Assets

Down

$839,573

Down $94,728 (-10%) from 2021

Liabilities

Down

$1,112,791

Down $36,784 (-3.2%) from 2021

Revenue

Down

$168,007

Down $524,702 (-76%) from 2021

Expenses

Down

$262,735

Down $4,328 (-1.6%) from 2021

Net Income

Down

-$94,728

Down $520,374 (-122%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2018: $34,493Liabilities 2018: $6,507Net Assets 2018: $27,9862018Assets 2019: $950,140Liabilities 2019: $495,325Net Assets 2019: $454,8152019Assets 2020: $989,712Liabilities 2020: $481,518Net Assets 2020: $508,1942020Assets 2021: $2,083,876Liabilities 2021: $1,149,575Net Assets 2021: $934,3012021Assets 2022: $1,952,364Liabilities 2022: $1,112,791Net Assets 2022: $839,5732022Assets 2023: $1,964,798Liabilities 2023: $1,083,007Net Assets 2023: $881,7912023Assets 2024: $1,930,811Liabilities 2024: $1,049,876Net Assets 2024: $880,9352024

Highlighted filing

2022

Assets$1,952,364
Liabilities$1,112,791
Net Assets$839,573

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2018: $75,829Expenses 2018: $72,487Net Income 2018: $3,3422018Revenue 2019: $156,217Expenses 2019: $81,431Net Income 2019: $74,7862019Revenue 2020: $178,456Expenses 2020: $124,335Net Income 2020: $54,1212020Revenue 2021: $692,709Expenses 2021: $267,063Net Income 2021: $425,6462021Revenue 2022: $168,007Expenses 2022: $262,735Net Income 2022: -$94,7282022Revenue 2023: $339,159Expenses 2023: $296,931Net Income 2023: $42,2282023Revenue 2024: $402,781Expenses 2024: $403,636Net Income 2024: -$8552024

Highlighted filing

2022

Revenue$168,007
Expenses$262,735
Net Income-$94,728
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$183,050
Mission and Program Overview

Mission

Artist-led, community-driven, contemporary art center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,776,406$1,808,142▲ $31,736
Rtn Earn Endowment Incm Other Fnds$934,301$839,573▼ $94,728
Cash and Non-Interest-Bearing Accounts$306,776$143,528▼ $163,248
Savings and Temporary Cash Investments$694$694→ $0
Total Assets$2,083,876$1,952,364▼ $131,512
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,140,989$1,111,677▼ $29,312
Other Liabilities$8,586$1,114▼ $7,472
Total Liabilities$1,149,575$1,112,791▼ $36,784
Net Assets / Fund Balance
Total Net Assets Fund Balance$934,301$839,573▼ $94,728
Total Liabilities and Net Assets / Fund Balance$2,083,876$1,952,364▼ $131,512

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,091,339$46,467$1,137,806
Land$565,782-$565,782
Leasehold Improvements$139,047$2,872$141,919
Equipment$11,974$22,257$34,231
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John EngelbrechtExecutive DirectorPT$29,150$29,150
Kalmia StrongProgram DirectorPT$14,750$14,750

Board Members and Trustees

NameTitle
Genevieve TrainorDirector
Jason SmithDirector
Kelly MooreDirector
Loyce ArthurDirector
M Ryan NobleDirector
Martha MonickDirector
Matthew FlemingDirector
Oliver WeileinDirector
Ricardo Rangel JrDirector
Thomas AgranDirector
Travis KrausDirector
Zeke MartinezDirector
Zen CohenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$105,780
Program Service Revenue
$42,755
Investment Income
$182
Other Revenue
$19,290
All Other Contributions
$40,022
Change in Net Assets
$-94,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,727
Salaries, Compensation, and Employee Benefits$91,258
Grants and Similar Amounts Paid$4,750
Total Fundraising Expense$1,542
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$81,110$0$0$81,110
Occupancy$60,263$1,301$0$61,564
All Other Expenses$48,465$0$0$48,465
Depreciation Depletion$37,604$0$0$37,604
Payroll Taxes$10,148$0$0$10,148
Grants to Domestic Orgs$4,750--$4,750
Fees for Services Accounting$0$3,359$0$3,359
Advertising$1,937$1,046$0$2,983
Travel$2,754$0$0$2,754
Insurance$0$2,173$0$2,173
Other Expenses$1,810$0$0$1,810
Fees for Services Other$0$1,500$0$1,500
Total Functional Expenses$251,814$9,379$1,542$262,735
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Auction$11,140$11,140-$11,140
Surreal House$8,525$8,525-$8,525
Total Events$19,665$19,665-$19,665
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,114
Property Tax Credits$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Public Space One
EIN
46-4168572
Phone
3198551985
Address
229 N GILBERT ST, IOWA CITY, IA 52245

Signing Officer

Name
John Engelbrecht
Title
Executive Director
Phone
3198551985
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Engelbrecht
Formed
2015
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
50

Preparer

Firm
Stuart Carmen & Associates
Address
321 East Market Street Suite 103, Iowa City, IA 52245
Preparer
John D McNamara
Phone
3193385265
Supplemental Narrative

Additional Explanations

Other

Pt III Line 4a 2022 was the first full yeat at PS1 Close (out C.D Close House location), which came fully online by the end of the year with a new accessible ramp and ADA compliant bathroom. The additional gallery, two new community use spaces, 5 individual art studios, and a visiting artist apartment all started to see full time use. We continued and expandd the reach of Free Art Supplies, a program for re-distributing surplus art materials to the community. Expanded staff with two new part-time roles: Facilities Manager and Artist Resource Manager. Produced 15 exhibitions and 2 festivals, cumulatively presenting the work of over 120 artists. Hosted residencies for six artists through the Center for Afrofuturist Studies program. Provided daily access to community printmaking and book arts equipment. Offered 20 artist-led workshops serving 134 adult participants, with sliding scale registration fees for all workshops, thanks to grants from Kum & Go, Community Foundation of Johnson County, and Green State Credit Union. Hosted the world-renown puppet troupe Bread & Puppet Theatere for an IC performance attended by 400+ community members for free. Served as Iowa's state representative and co-organizer for MDW Fair, for the second year of the multi-year project bridging regional and Iowa based artists and contemporary art projects, and culminating in an artist-run art fair in Chicago, attended by over 3,500 people.

Pt VI, Line 2

John Engelbrecht and Kalmia Strong are in a domestic partnership.

Pt VI, Line 11B

Form 990 will be accessible to the board.

Pt VI, Line 12C

Disclosure is required and shall be duly approved by members of the board of directors not so interested.

Form 990, Part IX, Line 24E

Supplies 9511. 9511. 0. 0.

Form 990, Part IX, Line 24E

TAXES 0. 0. 0. 0.

Form 990, Part IX, Line 24E

Subcontractor 35530. 35530. 0. 0.

Form 990, Part IX, Line 24E

Other business 150. 150. 0. 0.

Form 990, Part IX, Line 24E

Small tools 939. 939. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 2335. 2335. 0. 0.

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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01301
IRS990/OccupancyGrp/ProgramServicesAmt060263
IRS990/OccupancyGrp/TotalAmt061564
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3SUBSCRIPTIONS/MEMBERSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt11542
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt02567
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt2406
IRS990/OtherExpensesGrp/ProgramServicesAmt31810
IRS990/OtherExpensesGrp/TotalAmt02567
IRS990/OtherExpensesGrp/TotalAmt11542
IRS990/OtherExpensesGrp/TotalAmt2406
IRS990/OtherExpensesGrp/TotalAmt31810
IRS990/OtherLiabilitiesGrp/BOYAmt08586
IRS990/OtherLiabilitiesGrp/EOYAmt01114
IRS990/OtherRevenueMiscGrp/BusinessCd0713990
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01550
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01550
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01550
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081110
IRS990/OtherSalariesAndWagesGrp/TotalAmt081110
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt010148
IRS990/PayrollTaxesGrp/TotalAmt010148
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN ENGELBRECHT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0ARTS PROGRAMMING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042755
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt099345
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0535802
IRS990/PYOtherExpensesAmt0201035
IRS990/PYOtherRevenueAmt06609
IRS990/PYProgramServiceRevenueAmt050953
IRS990/PYRevenuesLessExpensesAmt0425646
IRS990/PYSalariesCompEmpBnftPaidAmt066028
IRS990/PYTotalExpensesAmt0267063
IRS990/PYTotalRevenueAmt0692709
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-94728
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt016086
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt042755
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0934301
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0839573
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0694
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0694
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: RENTAL INCOME 2018: 11966. 2019: 12369. 2020: 15498. 2021: 4851. Description: ARTWORK SALES 2018: 653. 2019: 1710. 2020: 2586. 2021: 1704. Description: SUPPLIES 2018: 409. 2019: 341. Description: OTHER 2018: 85. 2019: 941. 2020: 523. 2021: 54.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0105780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt099345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0152085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0115905
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0524042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0182
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt050953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt027686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01027
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0138636
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0535752
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt010698
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0546450
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0275
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06609
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt018607
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt015361
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013113
IRS990ScheduleA/OtherIncome509Grp/TotalAmt053690
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.95730
IRS990ScheduleA/PublicSupportPY509Pct00.95170
IRS990ScheduleA/PublicSupportTotal509Amt01209128
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0148535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0686050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0179771
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0132120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt062652
IRS990ScheduleA/Total509Grp/TotalAmt01209128
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01263093
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED

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