Civic Intelligence

Clay Center for the Arts & Sciences of West Virginia Inc.

990 • Fiscal year 2016 • EIN 55-0702401

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 13, 2017

One Clay SquareCharleston, WV 25301

(304) 561-3500

Siviq Scores

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

Liabilities / Assets

11th percentile

0.02x

Higher debt load relative to assets than 11% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

24th percentile

0.20x

Higher debt load relative to revenue than 24% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Net Margin

73rd percentile

10%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$202,426

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Asset Growth

48th percentile

1.3%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

3.9%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Assets

Up

$109,640,898

Up $1,363,503 (+1.3%) from 2015

Net Assets

Up

$107,253,697

Up $664,857 (+0.6%) from 2015

Liabilities

Up

$2,387,201

Up $698,646 (+41%) from 2015

Revenue

Up

$11,743,883

Up $443,614 (+3.9%) from 2015

Expenses

Down

$10,515,122

Down $293,326 (-2.7%) from 2015

Net Income

Up

$1,228,761

Up $736,940 (+150%) from 2015

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $117,408,215Liabilities 2011: $953,997Net Assets 2011: $116,454,2182011Assets 2012: $111,437,446Liabilities 2012: $1,194,688Net Assets 2012: $110,242,7582012Assets 2013: $108,522,137Liabilities 2013: $1,115,494Net Assets 2013: $107,406,6432013Assets 2014: $110,089,403Liabilities 2014: $1,041,234Net Assets 2014: $109,048,1692014Assets 2015: $108,277,395Liabilities 2015: $1,688,555Net Assets 2015: $106,588,8402015Assets 2016: $109,640,898Liabilities 2016: $2,387,201Net Assets 2016: $107,253,6972016Assets 2017: $110,831,828Liabilities 2017: $1,936,426Net Assets 2017: $108,895,4022017Assets 2018: $108,475,451Liabilities 2018: $1,889,049Net Assets 2018: $106,586,4022018Assets 2019: $111,425,132Liabilities 2019: $1,185,291Net Assets 2019: $110,239,8412019Assets 2020: $108,726,125Liabilities 2020: $1,280,998Net Assets 2020: $107,445,1272020Assets 2021: $117,444,990Liabilities 2021: $1,497,141Net Assets 2021: $115,947,8492021Assets 2022: $104,991,627Liabilities 2022: $1,326,587Net Assets 2022: $103,665,0402022Assets 2023: $104,916,433Liabilities 2023: $1,347,156Net Assets 2023: $103,569,2772023

Highlighted filing

2016

Assets$109,640,898
Liabilities$2,387,201
Net Assets$107,253,697

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $10,979,0012011Expenses 2012: $10,988,0082012Revenue 2013: $8,718,645Expenses 2013: $11,106,367Net Income 2013: -$2,387,7222013Revenue 2014: $9,829,667Expenses 2014: $10,342,721Net Income 2014: -$513,0542014Revenue 2015: $11,300,269Expenses 2015: $10,808,448Net Income 2015: $491,8212015Revenue 2016: $11,743,883Expenses 2016: $10,515,122Net Income 2016: $1,228,7612016Revenue 2017: $10,428,348Expenses 2017: $10,281,996Net Income 2017: $146,3522017Revenue 2018: $9,613,464Expenses 2018: $10,118,762Net Income 2018: -$505,2982018Revenue 2019: $12,352,066Expenses 2019: $9,895,944Net Income 2019: $2,456,1222019Revenue 2020: $5,383,208Expenses 2020: $8,970,379Net Income 2020: -$3,587,1712020Revenue 2021: $7,906,903Expenses 2021: $6,805,125Net Income 2021: $1,101,7782021Revenue 2022: $9,740,232Expenses 2022: $8,705,447Net Income 2022: $1,034,7852022Revenue 2023: $6,522,725Expenses 2023: $9,604,506Net Income 2023: -$3,081,7812023

Highlighted filing

2016

Revenue$11,743,883
Expenses$10,515,122
Net Income$1,228,761
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$26,706,452
Mission and Program Overview

Mission

To provide educational, entertaining, and inspirational experiences in the arts and sciences for all people of west virginia and the region.

To provide educational entertaining and inspirational experiences in the arts and science for all people of west virginia and the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,871,034$61,004,976▼ $1,866,058
Investments in Publicly Traded Securities$40,510,718$42,516,869▲ $2,006,151
Pledges and Grants Receivable$3,240,283$3,793,211▲ $552,928
Savings and Temporary Cash Investments$1,090,564$2,050,643▲ $960,079
Prepaid Expenses and Deferred Charges$160,513$158,615▼ $1,898
Accounts Receivable$401,432$113,733▼ $287,699
Cash and Non-Interest-Bearing Accounts$2,851$2,851→ $0
Total Assets$108,277,395$109,640,898▲ $1,363,503
Liabilities
Accounts Payable and Accrued Expenses$721,609$1,721,251▲ $999,642
Mortgage Notes Payable Secured by Investment Property$569,135$424,409▼ $144,726
Deferred Revenue$397,811$241,541▼ $156,270
Total Liabilities$1,688,555$2,387,201▲ $698,646
Net Assets / Fund Balance
Unrestricted Net Assets$64,031,516$61,188,272▼ $2,843,244
Permanently Rstr Net Assets$28,829,977$31,542,350▲ $2,712,373
Temporarily Rstr Net Assets$13,727,347$14,523,075▲ $795,728
Total Net Assets Fund Balance$106,588,840$107,253,697▲ $664,857
Total Liabilities and Net Assets / Fund Balance$108,277,395$109,640,898▲ $1,363,503

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$48,315,540$47,293,842$95,609,382
Equipment$5,205,446$10,512,360$15,717,806
Leasehold Improvements$3,456,990$3,102,907$6,559,897
Land$4,027,000-$4,027,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$39,261,666$2,712,373▼ $261,014$1,737,423$39,842,471
2014$39,833,779$763,735▲ $456,976$1,671,148$39,261,666
2013$37,661,986$51,907▲ $3,654,425$1,431,116$39,833,779
2012$37,497,215$789,069▲ $1,063,557$1,571,311$37,661,986
2011$37,687,829$2,545,500▼ $949,526$1,662,707$37,497,215
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Munkith Al-najjarPresident and CEOFT$161,338$41,088$202,426
Rebecca GillispieCFOFT$89,424$2,910$92,334

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$8,874,844
Program Service Revenue
$1,717,223
Investment Income
$325,123
Other Revenue
$826,693
All Other Contributions
$8,307,416
Change in Net Assets
$1,228,761

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded11$107,733Fair Market Value
Other Non Cash Contri Table1$39,042-
Total Noncash Contributions12$146,775-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,807,101
Revenue Not Reported on Financial Statements
$-63,218
Revenue Not Reported on Form 990
$-500,967
Other Revenue Adjustments
$-63,218
Total Revenue per Audited Statements
$11,306,134
Total Revenue per Form 990
$11,743,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,916,134
Salaries, Compensation, and Employee Benefits$2,598,988
Total Fundraising Expense$652,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$3,827,004$203,564$40,713$4,071,281
Other Salaries and Wages$1,266,594$282,477$291,991$1,841,062
Occupancy$794,489$42,968$8,825$846,282
Current Officers, Directors, Trustees, and Key Employees$92,983$187,863$46,491$327,337
Other Employee Benefits$148,878$33,000$22,787$204,665
Payroll Taxes$131,804$36,182$27,384$195,370
Insurance$145,419$45,312$4,097$194,828
Advertising$153,472$4,933$24,621$183,026
Fees for Services Other$82,217$25,363$4,340$111,920
Travel$83,633$2,996$3,377$90,006
Office Expenses$46,030$22,605$19,537$88,172
Other Expenses$54,323$1,356$917$56,596
Conferences and Meetings$7,124$977$26,293$34,394
Fees for Services Accounting$23,549$7,265$1,243$32,057
Pension Plan Contributions$17,791$6,415$6,348$30,554
All Other Expenses$15,800--$15,800
Royalties$6,473$234-$6,707
Fees for Services Legal$2,538$783$134$3,455
Interest-$1,426-$1,426
Information Technology$221$68$12$301
Total Functional Expenses$8,863,762$998,723$652,637$10,515,122

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,641,277
Expenses per Audited Statements$10,578,340
Total Expenses per Form 990$10,515,122
Expenses Not Reported on Form 990$62,937
Expenses Not Reported on Financial Statements$-63,218
Other Expense Adjustments$-63,218
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$77,038
Fundraising Direct Expenses$63,218
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Carnaval$177,538$77,038$16,868$60,170
Total Events$177,538$77,038$63,218$13,820
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Virginia king has a family relationship with thomas kittredge.

Form 990, Part VI, Section B, Line 11

The organization's independent certified public accounting firm prepares the form 990, which is reviewed by the president/ceo, cfo, and tresurer.

Form 990, Part VI, Section B, Line 12C

The governance committee reviews the conflict of interest surveys completed by each board member and evaluates the relationships to determine if there are any conflicts with the center's business dealings.

Form 990, Part VI, Section B, Line 15

The executive committee gathers comparable data when determining the president and ceo's compensation. They look at salary data compiled by industry groups (aam, apap, and astc) as well as looking at form 990's of similar non-profit organizations.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Clay Center for the Arts & Sciences
EIN
55-0702401
Phone
3045613500
Address
ONE CLAY SQUARE, CHARLESTON, WV 25301

Signing Officer

Name
Munkith Al-najjar
Title
President & CEO
Phone
3045613500
Signed
2017-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Munkith Al-najjar
Formed
1991
Legal Domicile
Wv
Voting Board Members
50
Independent Board Members
50
Employees
151
Volunteers
200

Preparer

Firm
Gray Griffith & Mays Ac
Address
707 VIRGINIA STREETEASTSUITE 400, CHARLESTON, WV 25301-2711
Preparer
Danny F Blair
Phone
3043459400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process is unchanged from prior year. The organization has a committee that oversees the audit.

Financial Statement Notes

PART III, LINE 1A:

The focus of the organization's permanent art collection is primarily 19th, 20th and 21st century work by american artists with an emphasis on works on paper. Items considered for accession and de-accession are carefully weighed with regard to relevance to the organization's mission, its suitability for the collection and the ability of the organization to care for the object and use it effectively. Each item considered for accession and de-accession is first presented to the acquisition committee, and then presented to the board for final approval.

PART III, LINE 4:

The focus of the organizations permanent art collection is primarily 19th, 20th and 21st century work by american artists with an emphasis on works of paper. This collection is used to further education programs in the visual arts.

PART V, LINE 4:

The endowment funds restricted by donors are held in perpetuity. The earning on those funds are used to provde additional funding for five categories: operations, building maintenance, outreach programs, exhibit renewal, and educational programs.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 62,937.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Carnaval net income -63,218.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 62,937.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Carnaval net income -63,218.

Raw XML AppendixShowing 400 of 981 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE CLAY CENTER OFFERS A COMPREHENSIVE ARRAY OF ARTS, SCIENCE, AND INTERDISCIPLINARY PROGRAMMING, AS WELL AS EDUCATIONAL OPPORTUNITIES. BOTH ON AND OFF-SITE PROGRAMS MAY INCLUDE PERFORMANCES, RESIDENCIES, WORKSHOPS, ART EXHIBITIONS, PLANETARIUM DEMONSTRATIONS, LARGE FORMAT FILM SCREENINGS, SPECIAL ART AND/OR SCIENCE DEMONSTRATIONS, SCHOOL AND PUBLIC TOURS OF PERMANENT INTERACTIVE SCIENCE GALLERIES, AND OTHER COMMUNITY OUTREACH OR SPECIAL EVENTS HELD THROUGHOUT THE YEAR. EDUCATIONAL PROGRAMS ARE SUPPLEMENTED BY THE DEVELOPMENT AND DISTRIBUTION OF CUSTOMIZED EDUCATIONAL MATERIALS ALIGNED WITH THE RELEVANT STATE AND NATIONAL ACADEMIC CONTENT STANDARDS FOR PARTICIPATING SCHOOLS AND EDUCATORS. IN ADDITION, ANOTHER SERVICE AREA INCLUDEDS THE CARE, MAINTENANCE AND ON-GOING ROTATIONAL PUBLIC PRESENTATION OF AN APPROXIMATELY 800 ITEM PERMANENT ART COLLECTION PRIMARILY FOCUSED ON 19TH AND 20TH CENTURY AMERICAN ART.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd47X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt480
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt510
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt520
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5323382
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt542910
IRS990/Form990PartVIISectionAGrp/PersonNm0KRISTIN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES AVAMPATO
IRS990/Form990PartVIISectionAGrp/PersonNm2ALISA BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm3CLAIRE BARTH
IRS990/Form990PartVIISectionAGrp/PersonNm4BOBBY BLAKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5PHYLLIS ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm6SARA BUSSE
IRS990/Form990PartVIISectionAGrp/PersonNm7GASTON CAPERTON
IRS990/Form990PartVIISectionAGrp/PersonNm8ELLEN CAPPALLANTI
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID CARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm10FRED CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm11LISA FISCHER-CASTO
IRS990/Form990PartVIISectionAGrp/PersonNm12LAURANCE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm13STEPHEN DEXTER
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHELLE EASTON
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN ELLIOT
IRS990/Form990PartVIISectionAGrp/PersonNm17HARRY ESBENSHADE
IRS990/Form990PartVIISectionAGrp/PersonNm18KEN KLEEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm19SCOTT FRESHWATER
IRS990/Form990PartVIISectionAGrp/PersonNm20CHARLES LOEB
IRS990/Form990PartVIISectionAGrp/PersonNm21TIMOTHY GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm22GEORGETTE GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm23DAVID HADEN
IRS990/Form990PartVIISectionAGrp/PersonNm24DAVID HARDY
IRS990/Form990PartVIISectionAGrp/PersonNm25ERIC ISKRA
IRS990/Form990PartVIISectionAGrp/PersonNm26LLOYD JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm27DANNY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm28ANDREW JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm29DEE KAPOURALES
IRS990/Form990PartVIISectionAGrp/PersonNm30VIRGINIA KING
IRS990/Form990PartVIISectionAGrp/PersonNm31THOMAS KITTREDGE
IRS990/Form990PartVIISectionAGrp/PersonNm32ADAM KRASON
IRS990/Form990PartVIISectionAGrp/PersonNm33ERIC NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm34ROGER NICHOLSON
IRS990/Form990PartVIISectionAGrp/PersonNm35ANDY PATERNO
IRS990/Form990PartVIISectionAGrp/PersonNm36STEVE ROBEY
IRS990/Form990PartVIISectionAGrp/PersonNm37BRAD ROWE
IRS990/Form990PartVIISectionAGrp/PersonNm38SHARON ROWE
IRS990/Form990PartVIISectionAGrp/PersonNm39MISSY RUDDLE
IRS990/Form990PartVIISectionAGrp/PersonNm40DOUGLAS SKAFF JR
IRS990/Form990PartVIISectionAGrp/PersonNm41SANDRA THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm42HARVEY PEYTON
IRS990/Form990PartVIISectionAGrp/PersonNm43MATTHEW WATTS
IRS990/Form990PartVIISectionAGrp/PersonNm44SHAWN PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm45JOHN STRICKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm46STEVE WEHRLE
IRS990/Form990PartVIISectionAGrp/PersonNm47JOAN WISEBURG
IRS990/Form990PartVIISectionAGrp/PersonNm48HORACE EMERY
IRS990/Form990PartVIISectionAGrp/PersonNm49MICHAEL GRANEY
IRS990/Form990PartVIISectionAGrp/PersonNm50KYLE MORK
IRS990/Form990PartVIISectionAGrp/PersonNm51NATHANIEL ORDERS
IRS990/Form990PartVIISectionAGrp/PersonNm52JOANNE TOMBLIN
IRS990/Form990PartVIISectionAGrp/PersonNm53MUNKITH AL-NAJJAR
IRS990/Form990PartVIISectionAGrp/PersonNm54REBECCA GILLISPIE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5489424
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$105$1.35$104$6.52$9.60$3.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$1.33$104$9.74$8.71$1.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$1.50$116$7.91$6.81$1.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$1.28$107$5.38$8.97$3.59
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$111$1.19$110$12.4$9.90$2.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$1.89$107$9.61$10.1$0.51
2017Summary only. Only limited summary data is available for this year.$111$1.94$109$10.4$10.3$0.15
2016Detailed filing. Detailed filing data is available for this year.$110$2.39$107$11.7$10.5$1.23
2015Detailed filing. Detailed filing data is available for this year.$108$1.69$107$11.3$10.8$0.49
2014Detailed filing. Detailed filing data is available for this year.$110$1.04$109$9.83$10.3$0.51
2013Summary only. Only limited summary data is available for this year.$109$1.12$107$8.72$11.1$2.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$111$1.19$110$11.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$0.95$116$11.0
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $100M-$250M nonprofits