Civic Intelligence

Collective Arts Network

990 • Fiscal year 2021 • EIN 46-4406224

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

PO Box 771748Lakewood, OH 44107

(216) 235-3564

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

42nd percentile

3.5%

Higher net margin than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$53,148

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

51st percentile

6.3%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

33rd percentile

-17%

Faster revenue growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$313,127

Up $18,505 (+6.3%) from 2020

Net Assets

Up

$311,003

Up $17,072 (+5.8%) from 2020

Liabilities

Up

$2,124

Up $1,433 (+207%) from 2020

Revenue

Down

$248,872

Down $52,111 (-17%) from 2020

Expenses

Down

$240,257

Down $15,051 (-5.9%) from 2020

Net Income

Down

$8,615

Down $37,060 (-81%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $144,390Liabilities 2015: $1,4652015Assets 2016: $260,047Liabilities 2016: $13,631Net Assets 2016: $246,4162016Assets 2017: $233,808Liabilities 2017: $3,366Net Assets 2017: $230,4422017Assets 2018: $226,332Liabilities 2018: $2,135Net Assets 2018: $224,1972018Assets 2019: $240,331Liabilities 2019: $72Net Assets 2019: $240,2592019Assets 2020: $294,622Liabilities 2020: $691Net Assets 2020: $293,9312020Assets 2021: $313,127Liabilities 2021: $2,124Net Assets 2021: $311,0032021Assets 2022: $277,822Liabilities 2022: $23,790Net Assets 2022: $254,0322022Assets 2023: $179,943Liabilities 2023: $1,095Net Assets 2023: $178,8482023Assets 2024: $167,746Liabilities 2024: $3,097Net Assets 2024: $164,6492024

Highlighted filing

2021

Assets$313,127
Liabilities$2,124
Net Assets$311,003

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $156,415Expenses 2015: $100,926Net Income 2015: $55,4892015Revenue 2016: $234,866Expenses 2016: $131,375Net Income 2016: $103,4912016Revenue 2017: $197,617Expenses 2017: $213,591Net Income 2017: -$15,9742017Revenue 2018: $359,494Expenses 2018: $365,739Net Income 2018: -$6,2452018Revenue 2019: $261,512Expenses 2019: $245,450Net Income 2019: $16,0622019Revenue 2020: $300,983Expenses 2020: $255,308Net Income 2020: $45,6752020Revenue 2021: $248,872Expenses 2021: $240,257Net Income 2021: $8,6152021Revenue 2022: $379,300Expenses 2022: $426,232Net Income 2022: -$46,9322022Revenue 2023: $173,095Expenses 2023: $257,468Net Income 2023: -$84,3732023Revenue 2024: $196,157Expenses 2024: $220,815Net Income 2024: -$24,6582024

Highlighted filing

2021

Revenue$248,872
Expenses$240,257
Net Income$8,615
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.2
Gross Receipts
$248,872
Mission and Program Overview

Mission

Educate about, promote and advance the visual arts on behalf of galleries, museums, and educational institutions in northeast ohio.

Educate about,promote and advance the visual arts on behalf of galleries, museums, and educational institutions in Northeast Ohio

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$141,087$106,099▼ $34,988
Investments in Publicly Traded Securities$62,849$70,710▲ $7,861
Prepaid Expenses and Deferred Charges-$56,751-
Pledges and Grants Receivable$57,143$49,210▼ $7,933
Cash and Non-Interest-Bearing Accounts$14,804$20,650▲ $5,846
Accounts Receivable$18,439$9,407▼ $9,032
Total Assets$294,622$313,127▲ $18,505
Other Assets Total$300$300→ $0
Liabilities
Accounts Payable and Accrued Expenses$691$2,124▲ $1,433
Total Liabilities$691$2,124▲ $1,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$236,788$252,585▲ $15,797
Net Assets With Donor Restrictions$57,143$58,418▲ $1,275
Total Net Assets Fund Balance$293,931$311,003▲ $17,072
Total Liabilities and Net Assets / Fund Balance$294,622$313,127▲ $18,505

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$300--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael GillExecutive DirectorFT$51,600$1,548$53,148

Board Members and Trustees

NameTitle
John FarinaPresident
Liz MaugansVice President
Emily ColeBoard Member
Gary WilliamsBoard Member
Karen PetkovicBoard Member
Kathleen SonnhalterBoard Member
Marcello MellinoBoard Member
Gina WashingtonSecretary
Wally LanciTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$190,061
Program Service Revenue
$58,769
Investment Income
$42
Other Revenue
$0
All Other Contributions
$121,342
Change in Net Assets
$8,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,170
Salaries, Compensation, and Employee Benefits$109,087
Total Fundraising Expense$35,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$71,646$4,006$925$76,577
Current Officers, Directors, Trustees, and Key Employees$39,296$2,500$9,804$51,600
Other Salaries and Wages$28,012-$18,496$46,508
Fees for Services Other$29,827$5,796$1,620$37,243
Payroll Taxes$5,659$351$2,380$8,390
Fees for Services Accounting-$7,494-$7,494
Occupancy$2,881$107$1,212$4,200
Pension Plan Contributions$1,776$66$747$2,589
Insurance$632$739$265$1,636
Conferences and Meetings$289$988-$1,277
Advertising$1,166--$1,166
Information Technology-$972-$972
Other Expenses$128$209-$337
Travel$218$50-$268
Total Functional Expenses$181,530$23,278$35,449$240,257
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

Governance Explanations

Form 990 governing body review Part VI line 11

A copy of the Federal Form 990 was reviewed by the Board President andapproved by the Board of Directors prior to filing.

Conflict of interest policy compliance Part VI line 12C

Each Board Member is asked to read the Organizations conflict of interestpolicy and submit any possible conflicts in writing to the Board.

CEO executive director top management comp Part VI line 15A

The Executive Directors salary was determined and approved by the Board of Directors. The Board of Directors used various means to determine salary including other organizations Federal From 990, industry standards and the limited resourses of the CAN Journal.

Form 990 availability to public Part VI line 18

Federal form 990 is available upon written request.

Governing documents etc available to public Part VI line 19

Consistent with the requirements of Section 6104 of the IRC and theregulations thereunder, copies of the organizations and governing documents are made available upon request, in a timely manner, and subject to the charges permitted by law to any individual who requestsit.

Filing and Contact Details

Filer

Filer Name
Collective Arts Network
EIN
46-4406224
Address
PO Box 771748, Lakewood, OH 44107
Doing Business As
CAN Journal

Signing Officer

Name
Michael Gill
Title
Executive Direc
Phone
2162353564
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Gill
Formed
2014
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
30

Preparer

Firm
Koester DiSalvo and Fried
Address
5587 Turney Road, Garfield Heights, OH 44125
Preparer
KC Koester
Phone
2164757844
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Rounding

List of other fees for services expenses Part IX line 11G

. Program Management Fund raising Writer 10,175Professional fees 19,652 5,796 1,620Total $29,827 $5,796 $1,620

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IRS990/ProgSrvcAccomActy2Grp/Desc0CAN Journal also finalized a Strategic Plan in 2021.
IRS990/ProgSrvcAccomActy3Grp/Desc0Grew membership to 95 organizations; published free weekly e-newsletter circulated to subscribers; Published 50 updates including reviews and news coverage on CAN Blog.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Federal Form 990 was reviewed by the Board President andapproved by the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each Board Member is asked to read the Organizations conflict of interestpolicy and submit any possible conflicts in writing to the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Directors salary was determined and approved by the Board of Directors. The Board of Directors used various means to determine salary including other organizations Federal From 990, industry standards and the limited resourses of the CAN Journal.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Federal form 990 is available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Consistent with the requirements of Section 6104 of the IRC and theregulations thereunder, copies of the organizations and governing documents are made available upon request, in a timely manner, and subject to the charges permitted by law to any individual who requestsit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6. Program Management Fund raising Writer 10,175Professional fees 19,652 5,796 1,620Total $29,827 $5,796 $1,620
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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