Civic Intelligence

Fells Point Creative Alliance Inc.

990 • Fiscal year 2016 • EIN 52-1919988

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 21, 2017

3134 Eastern AvenueBaltimore, MD 21224

(410) 276-1651

Siviq Scores

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

Liabilities / Assets

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.06x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

57th percentile

4.7%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$87,766

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

51st percentile

1.6%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-2.2%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,032,161

Up $64,865 (+1.6%) from 2015

Net Assets

Up

$3,886,075

Up $98,551 (+2.6%) from 2015

Liabilities

Down

$146,086

Down $33,686 (-19%) from 2015

Revenue

Down

$2,271,328

Down $50,952 (-2.2%) from 2015

Expenses

Up

$2,164,828

Up $98,083 (+4.7%) from 2015

Net Income

Down

$106,500

Down $149,035 (-58%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,584,775Liabilities 2011: $240,479Net Assets 2011: $3,344,2962011Assets 2012: $3,814,535Liabilities 2012: $178,071Net Assets 2012: $3,636,4642012Assets 2013: $3,653,652Liabilities 2013: $174,695Net Assets 2013: $3,478,9572013Assets 2014: $3,747,700Liabilities 2014: $215,711Net Assets 2014: $3,531,9892014Assets 2015: $3,967,296Liabilities 2015: $179,772Net Assets 2015: $3,787,5242015Assets 2016: $4,032,161Liabilities 2016: $146,086Net Assets 2016: $3,886,0752016Assets 2017: $4,248,841Liabilities 2017: $209,583Net Assets 2017: $4,039,2582017Assets 2018: $4,961,795Liabilities 2018: $239,058Net Assets 2018: $4,722,7372018Assets 2019: $5,116,963Liabilities 2019: $344,681Net Assets 2019: $4,772,2822019Assets 2020: $6,759,380Liabilities 2020: $495,370Net Assets 2020: $6,264,0102020Assets 2021: $8,640,477Liabilities 2021: $223,832Net Assets 2021: $8,416,6452021Assets 2022: $10,416,899Liabilities 2022: $831,134Net Assets 2022: $9,585,7652022Assets 2023: $9,845,437Liabilities 2023: $148,190Net Assets 2023: $9,697,2472023Assets 2024: $9,829,091Liabilities 2024: $363,634Net Assets 2024: $9,465,4572024

Highlighted filing

2016

Assets$4,032,161
Liabilities$146,086
Net Assets$3,886,075

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,540,3342011Revenue 2012: $1,990,188Expenses 2012: $1,698,020Net Income 2012: $292,1682012Revenue 2013: $1,800,128Expenses 2013: $1,957,635Net Income 2013: -$157,5072013Revenue 2014: $2,128,648Expenses 2014: $2,075,616Net Income 2014: $53,0322014Revenue 2015: $2,322,280Expenses 2015: $2,066,745Net Income 2015: $255,5352015Revenue 2016: $2,271,328Expenses 2016: $2,164,828Net Income 2016: $106,5002016Revenue 2017: $2,364,645Expenses 2017: $2,211,377Net Income 2017: $153,2682017Revenue 2018: $3,151,183Expenses 2018: $2,478,891Net Income 2018: $672,2922018Revenue 2019: $2,944,572Expenses 2019: $2,889,267Net Income 2019: $55,3052019Revenue 2020: $3,650,558Expenses 2020: $2,158,721Net Income 2020: $1,491,8372020Revenue 2021: $4,159,263Expenses 2021: $2,006,325Net Income 2021: $2,152,9382021Revenue 2022: $3,709,290Expenses 2022: $2,540,042Net Income 2022: $1,169,2482022Revenue 2023: $2,938,798Expenses 2023: $2,826,402Net Income 2023: $112,3962023Revenue 2024: $2,809,229Expenses 2024: $3,041,953Net Income 2024: -$232,7242024

Highlighted filing

2016

Revenue$2,271,328
Expenses$2,164,828
Net Income$106,500
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 21, 2017
Return Version
2016v3.0
Gross Receipts
$2,384,609
Mission and Program Overview

Mission

The creative alliance builds communities by bringing together artists and audiences from diverse backgrounds to experience spectacular arts and education programs and engage in the creative process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,001,943$2,568,303▼ $433,640
Cash and Non-Interest-Bearing Accounts$277,978$351,469▲ $73,491
Pledges and Grants Receivable$175,874$342,637▲ $166,763
Savings and Temporary Cash Investments$333,170$339,390▲ $6,220
Accounts Receivable$129,515$40,074▼ $89,441
Prepaid Expenses and Deferred Charges$48,816$39,891▼ $8,925
Inventories for Sale or Use-$4,827-
Total Assets$3,967,296$4,032,161▲ $64,865
Other Assets Total-$345,570-
Liabilities
Accounts Payable and Accrued Expenses$66,837$60,617▼ $6,220
Mortgage Notes Payable Secured by Investment Property$52,586$52,898▲ $312
Deferred Revenue-$22,869-
Other Liabilities$60,349$9,702▼ $50,647
Total Liabilities$179,772$146,086▼ $33,686
Net Assets / Fund Balance
Unrestricted Net Assets$3,283,174$3,242,560▼ $40,614
Temporarily Rstr Net Assets$454,350$593,515▲ $139,165
Permanently Rstr Net Assets$50,000$50,000→ $0
Total Net Assets Fund Balance$3,787,524$3,886,075▲ $98,551
Total Liabilities and Net Assets / Fund Balance$3,967,296$4,032,161▲ $64,865

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,040,851$1,197,961$3,238,812
Land$451,972-$451,972
Equipment$50,606$238,800$289,406
Other Land Buildings$24,874$40,436$65,310
Other Assets Org$345,570--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret FootnerExecutive DiFT$77,204$10,562$87,766

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,517,213
Program Service Revenue
$616,169
Investment Income
$104
Other Revenue
$137,842
All Other Contributions
$923,524
Change in Net Assets
$106,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,271,328
Revenue Not Reported on Form 990
$-535
Total Revenue per Audited Statements
$2,270,793
Total Revenue per Form 990
$2,271,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,141,657
Other Expenses$1,023,171
Total Fundraising Expense$282,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$657,146$98,212$135,532$890,890
Occupancy$98,137$8,792$14,486$121,415
Depreciation Depletion$88,323$9,059$15,853$113,235
Fees for Services Other$77,122$9,554$7,971$94,647
Office Expenses$72,780$1,694$16,704$91,178
Other Employee Benefits$58,157$10,622$21,969$90,748
Payroll Taxes$64,600$6,624$11,591$82,815
Current Officers, Directors, Trustees, and Key Employees$11,581$27,021$38,602$77,204
Insurance$16,660$4,898$2,714$24,272
Information Technology$13,673$549$9,031$23,253
Travel$13,559$1,008$1,956$16,523
Advertising$13,196$358-$13,554
Fees for Services Accounting-$13,415-$13,415
All Other Expenses$6,652-$1,582$8,234
Other Expenses$5,122$100$4,103$5,222
Interest-$3,596-$3,596
Fees for Services Legal-$550-$550
Total Functional Expenses$1,681,782$200,952$282,094$2,164,828

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,172,242
Expenses per Audited Statements$2,164,828
Total Expenses per Form 990$2,164,828
Expenses Not Reported on Form 990$7,414
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,885
Fundraising Direct Expenses$55,109
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art to Dine for$71,983$43,389$7,591$35,798
Marquee Ball$163,828$39,496$24,574$14,922
Total Events$235,811$82,885$55,109$27,776
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$6,480
Agency Transactions Payable$3,222
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

After the 990 is received by management, the board will be informed at the next meeting that the 990 is available for their review if desired. They will be given a deadline by which to respond before the 990 is filed.

Form 990, Page 6, Part VI, Line 12C

An interested party shall complete a questionnaire-the conflict of interest disclosure statement to fully and completely disclose the material facts about any actual or potential conflicts of interest. The disclosure statement shall be completed upon his/her association with the creative alliance, and shall be updated annually thereafter. An additional disclosure statement shall be filed at such time as an actual or potential conflict arises.

Form 990, Page 6, Part VI, Line 15A

The excecutive director's salary is determined by the executive committee, in conjunction with the finance committee - based on comparable data, deliberation, and budgetary constraints.

Form 990, Page 6, Part VI, Line 19

Upon request, also indicated on fundraising materials that statements are available through the state of maryland/secretary of state.

Filing and Contact Details

Filer

Filer Name
Creative Alliance Inc
EIN
52-1919988
Phone
4102761651
Address
3134 EASTERN AVENUE, BALTIMORE, MD 21224

Signing Officer

Name
Margaret Footner
Title
Executive Director
Phone
4102761651
Signed
2017-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Footner
Formed
1994
Legal Domicile
Md
Voting Board Members
31
Independent Board Members
31
Employees
95
Volunteers
100

Preparer

Firm
Hcfl
Address
1104 KENILWORTH DRIVE SUITE 300, TOWSON, MD 21204-3102
Preparer
Karen Carr CPA
Phone
4108284446
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The internal revenue service has not examined (audited) any income tax returns of the organization thus the previous three (3) years are subject to examination. The organization has not taken any questionable tax positions with respect to unrelated business income tax or anything that would jeopardize its 501(c)(3) status.

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IRS990/Desc0CREATIVE ALLIANCE, INC. IS A COMMUNITY BASED NON-PROFIT ORGANIZATION THAT PRESENTS AND PROMOTES THE ARTS AND HUMANITIES. AS A MEMBERSHIP ORGANIZATION OF ARTISTS, ARTS SUPPORTERS, WRITERS, SCHOLARS, AND BUSINESSES, CREATIVE ALLIANCE CULTIVATES COMMUNITY THROUGH COLLABORATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt30TRUSTEE
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$0.36$9.47$2.81$3.04$0.23
2023Detailed filing. Detailed filing data is available for this year.$9.85$0.15$9.70$2.94$2.83$0.11
2022Detailed filing. Detailed filing data is available for this year.$10.4$0.83$9.59$3.71$2.54$1.17
2021Detailed filing. Detailed filing data is available for this year.$8.64$0.22$8.42$4.16$2.01$2.15
2020Detailed filing. Detailed filing data is available for this year.$6.76$0.50$6.26$3.65$2.16$1.49
2019Detailed filing. Detailed filing data is available for this year.$5.12$0.34$4.77$2.94$2.89$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.96$0.24$4.72$3.15$2.48$0.67
2017Detailed filing. Detailed filing data is available for this year.$4.25$0.21$4.04$2.36$2.21$0.15
2016Detailed filing. Detailed filing data is available for this year.$4.03$0.15$3.89$2.27$2.16$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.97$0.18$3.79$2.32$2.07$0.26
2014Summary only. Only limited summary data is available for this year.$3.75$0.22$3.53$2.13$2.08$0.05
2013Summary only. Only limited summary data is available for this year.$3.65$0.17$3.48$1.80$1.96$0.16
2012Summary only. Only limited summary data is available for this year.$3.81$0.18$3.64$1.99$1.70$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.24$3.34$1.54