Civic Intelligence

Pim Arts High School

990 • Fiscal year 2010 • EIN 54-2116256

Jul 01, 2009 to Jun 30, 2010 • Filed on May 10, 2011

1320 Main Street55343
Siviq Scores

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

Liabilities / Assets

72nd percentile

0.43x

Higher debt load relative to assets than 72% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$660,149

No earlier filing loaded for comparison.

Net Assets

$374,180

No earlier filing loaded for comparison.

Liabilities

$285,969

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,076,092

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $660,149Liabilities 2010: $285,969Net Assets 2010: $374,1802010Assets 2011: $1,031,653Liabilities 2011: $303,225Net Assets 2011: $728,4282011Assets 2012: $1,162,670Liabilities 2012: $310,142Net Assets 2012: $852,5282012Assets 2013: $1,092,348Liabilities 2013: $248,218Net Assets 2013: $844,1302013Assets 2014: $1,009,688Liabilities 2014: $268,886Net Assets 2014: $740,8022014Assets 2015: $1,201,920Liabilities 2015: $2,231,474Net Assets 2015: -$1,029,5542015Assets 2016: $1,243,621Liabilities 2016: $2,286,465Net Assets 2016: -$1,042,8442016Assets 2017: $5,448,737Liabilities 2017: $7,422,765Net Assets 2017: -$1,974,0282017Assets 2018: $4,201,744Liabilities 2018: $7,128,104Net Assets 2018: -$2,926,3602018Assets 2019: $4,162,720Liabilities 2019: $6,311,698Net Assets 2019: -$2,148,9782019Assets 2020: $3,400,513Liabilities 2020: $5,605,004Net Assets 2020: -$2,204,4912020Assets 2021: $3,129,959Liabilities 2021: $5,313,196Net Assets 2021: -$2,183,2372021Assets 2022: $2,956,724Liabilities 2022: $4,641,014Net Assets 2022: -$1,684,2902022Assets 2023: $3,257,057Liabilities 2023: $4,005,281Net Assets 2023: -$748,2242023Assets 2024: $2,838,221Liabilities 2024: $3,750,963Net Assets 2024: -$912,7422024Assets 2025: $2,234,999Liabilities 2025: $3,720,983Net Assets 2025: -$1,485,9842025

Highlighted filing

2010

Assets$660,149
Liabilities$285,969
Net Assets$374,180

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,076,0922010Revenue 2011: $2,726,095Expenses 2011: $2,371,847Net Income 2011: $354,2482011Expenses 2012: $2,831,4832012Expenses 2013: $3,040,2072013Revenue 2014: $3,046,552Expenses 2014: $3,149,880Net Income 2014: -$103,3282014Revenue 2015: $3,270,652Expenses 2015: $3,345,439Net Income 2015: -$74,7872015Revenue 2016: $3,291,562Expenses 2016: $3,304,852Net Income 2016: -$13,2902016Revenue 2017: $3,318,976Expenses 2017: $4,250,160Net Income 2017: -$931,1842017Revenue 2018: $3,744,239Expenses 2018: $4,696,571Net Income 2018: -$952,3322018Revenue 2019: $4,089,877Expenses 2019: $4,076,209Net Income 2019: $13,6682019Revenue 2020: $4,456,367Expenses 2020: $4,357,021Net Income 2020: $99,3462020Revenue 2021: $4,687,913Expenses 2021: $4,418,385Net Income 2021: $269,5282021Revenue 2022: $5,803,770Expenses 2022: $5,415,448Net Income 2022: $388,3222022Revenue 2023: $5,767,114Expenses 2023: $5,355,706Net Income 2023: $411,4082023Revenue 2024: $5,582,710Expenses 2024: $5,751,417Net Income 2024: -$168,7072024Revenue 2025: $5,463,941Expenses 2025: $5,790,312Net Income 2025: -$326,3712025

Highlighted filing

2010

Revenue-
Expenses$2,076,092
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
May 10, 2011
Return Version
2009v1.7
Gross Receipts
$2,464,121
Mission and Program Overview

Mission

Providing arts infused education to high school students in the twin cities area.

Filing and Contact Details

Filer

EIN
54-2116256
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The School is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). Both are subject to tax on income from any unrelated business. On July 1, 2009, the School adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The School has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation or cash flows. Accordingly, the School has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2010.
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IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents09126
IRS990ScheduleG/EventsInformation/NameOfEvent10Spark the Arts
IRS990ScheduleG/EventsInformation/NetIncomeSummary00
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent109126
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents09126
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0The Form 990 is prepared by an independent accounting firm. Once the form is completed, it is given to the Executive Director and the Business Manager for review before it is signed and filed.
IRS990ScheduleO/GeneralExplanation/Explanation1Board members sign a conflict of interest statement annually. The board also reviews the conflict of interest policy annually and makes changes as necessary.
IRS990ScheduleO/GeneralExplanation/Explanation2A salary survey was done to determine alignment of salary schedules with comparable positions in surrounding districts and charter schools.
IRS990ScheduleO/GeneralExplanation/Explanation3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/GeneralExplanation/Explanation4The School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.
IRS990ScheduleO/GeneralExplanation/Explanation5Several members of the board are teachers at the School. Minnesota State Statute 124D.10 Subd. 4.(g) requires the board to have at least one employed or contracted teacher.
IRS990ScheduleO/GeneralExplanation/Explanation6Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no other transactions noted.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part XI, Line 2c:
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Section A, Line 1b:
IRS990ScheduleO/GeneralExplanation/ReturnReference0Related Organization Compensation:
IRS990/ScheduleORequired01
IRS990/School01

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.23$3.72$1.49$5.46$5.79$0.33
2024Detailed filing. Detailed filing data is available for this year.$2.84$3.75$0.91$5.58$5.75$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.26$4.01$0.75$5.77$5.36$0.41
2022Detailed filing. Detailed filing data is available for this year.$2.96$4.64$1.68$5.80$5.42$0.39
2021Detailed filing. Detailed filing data is available for this year.$3.13$5.31$2.18$4.69$4.42$0.27
2020Detailed filing. Detailed filing data is available for this year.$3.40$5.61$2.20$4.46$4.36$0.10
2019Detailed filing. Detailed filing data is available for this year.$4.16$6.31$2.15$4.09$4.08$0.01
2018Summary only. Only limited summary data is available for this year.$4.20$7.13$2.93$3.74$4.70$0.95
2017Detailed filing. Detailed filing data is available for this year.$5.45$7.42$1.97$3.32$4.25$0.93
2016Detailed filing. Detailed filing data is available for this year.$1.24$2.29$1.04$3.29$3.30$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.20$2.23$1.03$3.27$3.35$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.27$0.74$3.05$3.15$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.25$0.84$3.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.31$0.85$2.83
2011Summary only. Only limited summary data is available for this year.$1.03$0.30$0.73$2.73$2.37$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.29$0.37$2.08