Civic Intelligence

Waterworks Art Museum

990 • Fiscal year 2017 • EIN 51-0175533

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

PO Box 1284Miles City, MT 59301

(406) 234-8431

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

60th percentile

$38,811

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

52%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$925,024

Up $87,891 (+10%) from 2016

Net Assets

Up

$921,572

Up $88,481 (+11%) from 2016

Liabilities

Down

$3,452

Down $590 (-15%) from 2016

Revenue

Up

$263,448

Up $89,718 (+52%) from 2016

Expenses

Up

$174,967

Up $5,077 (+3.0%) from 2016

Net Income

Up

$88,481

Up $84,641 (+2204%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $838,196Liabilities 2011: $1,000Net Assets 2011: $837,1962011Assets 2012: $852,526Liabilities 2012: $3,600Net Assets 2012: $848,9262012Assets 2013: $823,281Liabilities 2013: $4,536Net Assets 2013: $818,7452013Assets 2014: $849,083Liabilities 2014: $3,306Net Assets 2014: $845,7772014Assets 2015: $834,552Liabilities 2015: $5,301Net Assets 2015: $829,2512015Assets 2016: $837,133Liabilities 2016: $4,042Net Assets 2016: $833,0912016Assets 2017: $925,024Liabilities 2017: $3,452Net Assets 2017: $921,5722017Assets 2018: $916,457Liabilities 2018: $2,333Net Assets 2018: $914,1242018Assets 2019: $901,748Liabilities 2019: $1,087Net Assets 2019: $900,6612019Assets 2020: $932,952Liabilities 2020: $0Net Assets 2020: $932,9522020Assets 2021: $945,522Liabilities 2021: $0Net Assets 2021: $945,5222021Assets 2022: $922,320Liabilities 2022: $0Net Assets 2022: $922,3202022Assets 2023: $908,976Liabilities 2023: $0Net Assets 2023: $908,9762023Assets 2024: $967,826Liabilities 2024: $0Net Assets 2024: $967,8262024Assets 2025: $981,162Liabilities 2025: $0Net Assets 2025: $981,1622025

Highlighted filing

2017

Assets$925,024
Liabilities$3,452
Net Assets$921,572

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $129,0112011Expenses 2012: $166,0752012Revenue 2013: $151,134Expenses 2013: $156,133Net Income 2013: -$4,9992013Revenue 2014: $186,385Expenses 2014: $159,353Net Income 2014: $27,0322014Revenue 2015: $131,358Expenses 2015: $147,884Net Income 2015: -$16,5262015Revenue 2016: $173,730Expenses 2016: $169,890Net Income 2016: $3,8402016Revenue 2017: $263,448Expenses 2017: $174,967Net Income 2017: $88,4812017Revenue 2018: $165,910Expenses 2018: $165,430Net Income 2018: $4802018Revenue 2019: $163,924Expenses 2019: $177,387Net Income 2019: -$13,4632019Revenue 2020: $188,958Expenses 2020: $170,653Net Income 2020: $18,3052020Revenue 2021: $183,800Expenses 2021: $171,230Net Income 2021: $12,5702021Revenue 2022: $146,998Expenses 2022: $170,200Net Income 2022: -$23,2022022Revenue 2023: $152,803Expenses 2023: $166,159Net Income 2023: -$13,3562023Revenue 2024: $248,456Expenses 2024: $189,606Net Income 2024: $58,8502024Revenue 2025: $191,223Expenses 2025: $176,457Net Income 2025: $14,7662025

Highlighted filing

2017

Revenue$263,448
Expenses$174,967
Net Income$88,481
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$340,261
Mission and Program Overview

Mission

Community art & heritage center is to provide exhibits and art programs for residents of southeastern montana.

Community art & heritage center is to proved exhibits and art programs for residents of southeastern montana throughout the year

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$344,242$458,878▲ $114,636
Savings and Temporary Cash Investments$34,752$20,908▼ $13,844
Cash and Non-Interest-Bearing Accounts$15,296$15,548▲ $252
Inventories for Sale or Use$22,095$8,942▼ $13,153
Total Assets$837,133$925,024▲ $87,891
Other Assets Total$420,748$420,748→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,042$3,452▼ $590
Total Liabilities$4,042$3,452▼ $590
Net Assets / Fund Balance
Permanently Rstr Net Assets$725,567$725,567→ $0
Unrestricted Net Assets$107,524$196,005▲ $88,481
Total Net Assets Fund Balance$833,091$921,572▲ $88,481
Total Liabilities and Net Assets / Fund Balance$837,133$925,024▲ $87,891

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,816$35,472$41,288
Buildings$453,062$283,628-
Other Assets Org$420,748--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dixie RiegerExecutive DiFT$38,811$38,811

Board Members and Trustees

NameTitle
Jean LindleyPresident
Anna RapsonBoard Member
Bob ThadenBoard Member
Carol HudsonBoard Member
Dan BriccoBoard Member
Ilyana RiceBoard Member
Jeni MahanBoard Member
Lew VadheimBoard Member
PETER D'ASCOLIBoard Member
Rachelle SchleiningBoard Member
Sherry OsterBoard Member
Dorothy ArmstrongSecretary
Linda WiedemanTreasurer
Kathy SchleppVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$188,140
Program Service Revenue
$34,971
Investment Income
$88
Other Revenue
$40,249
All Other Contributions
$172,330
Change in Net Assets
$88,481

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$116,501
Other Expenses$58,466
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$49,718-$49,718
Current Officers, Directors, Trustees, and Key Employees-$38,811-$38,811
Other Employee Benefits-$20,677-$20,677
Depreciation Depletion$14,964--$14,964
Insurance$9,348--$9,348
Occupancy$8,670--$8,670
Payroll Taxes-$7,295-$7,295
All Other Expenses$2,619--$2,619
Advertising$2,528--$2,528
Office Expenses$1,721--$1,721
Other Expenses$1,076--$1,076
Fees for Services Accounting$510--$510
Travel$195--$195
Total Functional Expenses$58,466$116,501$0$174,967
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,928
Fundraising Direct Expenses$30,658
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Auctions$38,493$38,493$18,490$20,003
Benefit Dinner$10,119$10,119$2,665$7,454
Total Events$57,372$57,372$29,306$28,066
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Waterworks Art Museum
EIN
51-0175533
Address
PO BOX 1284, MILES CITY, MT 59301

Signing Officer

Name
Linda Wiedeman
Title
Treasurer
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dixie Rieger
Legal Domicile
Mt
Voting Board Members
15
Independent Board Members
15
Employees
5
Volunteers
15

Preparer

Firm
Stallard & Associates Pc
Address
19 N 5TH ST, MILES CITY, MT 59301
Preparer
Tad H Torgerson
Phone
4062341118
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide exhibits and art programs for residents of southeastern montana throughout the year

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

The collection contains historic photographs and contemporary works of art. These items are displayed at the organization's facility as well as at traveling exhibits to provide education to the public of historic photographs and contempory works of art.

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IRS990/OtherSalariesAndWagesGrp/TotalAmt049718
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07295
IRS990/PayrollTaxesGrp/TotalAmt07295
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0725567
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0725567
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DIXIE RIEGER
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE EXHIBITS AND ART PROGRAMS FOR RESIDENTS OF SOUTHEASTERN MONTANA THROUGHOUT THE YEAR
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt015846
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IRS990/PYContributionsGrantsAmt091363
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0117
IRS990/PYOtherExpensesAmt057445
IRS990/PYOtherRevenueAmt048462
IRS990/PYProgramServiceRevenueAmt033788
IRS990/PYRevenuesLessExpensesAmt03840
IRS990/PYSalariesCompEmpBnftPaidAmt0112445
IRS990/PYTotalExpensesAmt0169890
IRS990/PYTotalRevenueAmt0173730
IRS990/ReconcilationRevenueExpnssAmt088481
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt034971
IRS990/SavingsAndTempCashInvstGrp/BOYAmt034752
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0188140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt091363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt082901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0114303
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0576841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0380
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0152121
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99930
IRS990ScheduleA/PublicSupportPY170Pct00.99870
IRS990ScheduleA/PublicSupportTotal170Amt0576841
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0188140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt091363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt082901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0114303
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100134
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0576841
IRS990ScheduleA/TotalSupportAmt0577221
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0453062
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0283628
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0736690
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt05816
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041288
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0420748
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PERMANENT COLLECTION
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COLLECTION CONTAINS HISTORIC PHOTOGRAPHS AND CONTEMPORARY WORKS OF ART. THESE ITEMS ARE DISPLAYED AT THE ORGANIZATION'S FACILITY AS WELL AS AT TRAVELING EXHIBITS TO PROVIDE EDUCATION TO THE PUBLIC OF HISTORIC PHOTOGRAPHS AND CONTEMPORY WORKS OF ART.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0458878
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0420748
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ART AUCTIONS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BENEFIT DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038493
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010119
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt08760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057372
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt038493
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010119
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt08760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt057372
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028066
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE EXHIBITS AND ART PROGRAMS FOR RESIDENTS OF SOUTHEASTERN MONTANA THROUGHOUT THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0837133
IRS990/TotalAssetsEOYAmt0925024
IRS990/TotalAssetsGrp/BOYAmt0837133
IRS990/TotalAssetsGrp/EOYAmt0925024
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0188140
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0116501
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt058466
IRS990/TotalFunctionalExpensesGrp/TotalAmt0174967
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04042
IRS990/TotalLiabilitiesEOYAmt03452
IRS990/TotalLiabilitiesGrp/BOYAmt04042
IRS990/TotalLiabilitiesGrp/EOYAmt03452
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0833091
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0921572
IRS990/TotalOtherProgSrvcExpenseAmt015846
IRS990/TotalProgramServiceExpensesAmt058466

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.81$0.00$9.81$1.91$1.76$0.15
2024Detailed filing. Detailed filing data is available for this year.$9.68$0.00$9.68$2.48$1.90$0.59
2023Detailed filing. Detailed filing data is available for this year.$9.09$0.00$9.09$1.53$1.66$0.13
2022Detailed filing. Detailed filing data is available for this year.$9.22$0.00$9.22$1.47$1.70$0.23
2021Detailed filing. Detailed filing data is available for this year.$9.46$0.00$9.46$1.84$1.71$0.13
2020Detailed filing. Detailed filing data is available for this year.$9.33$0.00$9.33$1.89$1.71$0.18
2019Detailed filing. Detailed filing data is available for this year.$9.02$0.01$9.01$1.64$1.77$0.13
2018Detailed filing. Detailed filing data is available for this year.$9.16$0.02$9.14$1.66$1.65$0.00
2017Detailed filing. Detailed filing data is available for this year.$9.25$0.03$9.22$2.63$1.75$0.88
2016Detailed filing. Detailed filing data is available for this year.$8.37$0.04$8.33$1.74$1.70$0.04
2015Summary only. Only limited summary data is available for this year.$8.35$0.05$8.29$1.31$1.48$0.17
2014Detailed filing. Detailed filing data is available for this year.$8.49$0.03$8.46$1.86$1.59$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$0.05$8.19$1.51$1.56$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.53$0.04$8.49$1.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.38$0.01$8.37$1.29