Civic Intelligence

Cucalorus Film Foundation

990 • Fiscal year 2017 • EIN 56-2104755

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

815 Princess StWilmington, NC 28401

(910) 343-5995

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.40x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Net Margin

35th percentile

-2.6%

Higher net margin than 35% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Asset Growth

35th percentile

-5.8%

Faster asset growth than 35% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

27%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$46,164

Down $2,840 (-5.8%) from 2016

Net Assets

Down

$27,894

Down $11,335 (-29%) from 2016

Liabilities

Up

$18,270

Up $8,495 (+87%) from 2016

Revenue

Up

$430,134

Up $90,439 (+27%) from 2016

Expenses

Up

$441,469

Up $110,272 (+33%) from 2016

Net Income

Down

-$11,335

Down $19,833 (-233%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $48,891Liabilities 2010: $1,298Net Assets 2010: $47,5932010Assets 2011: $47,657Liabilities 2011: $1,314Net Assets 2011: $46,3432011Assets 2012: $73,480Liabilities 2012: $4,749Net Assets 2012: $68,7312012Assets 2013: $62,556Liabilities 2013: $6,720Net Assets 2013: $55,8362013Assets 2014: $50,007Liabilities 2014: $26,282Net Assets 2014: $23,7252014Assets 2015: $56,137Liabilities 2015: $20,045Net Assets 2015: $36,0922015Assets 2016: $49,004Liabilities 2016: $9,775Net Assets 2016: $39,2292016Assets 2017: $46,164Liabilities 2017: $18,270Net Assets 2017: $27,8942017Assets 2018: $55,169Liabilities 2018: $40,084Net Assets 2018: $15,0852018Assets 2019: $110,482Liabilities 2019: $85,978Net Assets 2019: $24,5042019Assets 2020: $176,071Liabilities 2020: $86,888Net Assets 2020: $89,1832020Assets 2021: $225,345Liabilities 2021: $111,697Net Assets 2021: $113,6482021Assets 2022: $249,024Liabilities 2022: $108,759Net Assets 2022: $140,2652022Assets 2023: $288,434Liabilities 2023: $94,325Net Assets 2023: $194,1092023Assets 2024: $237,490Liabilities 2024: $84,438Net Assets 2024: $153,0522024

Highlighted filing

2017

Assets$46,164
Liabilities$18,270
Net Assets$27,894

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $222,8122010Expenses 2011: $235,9282011Expenses 2012: $260,2952012Revenue 2013: $325,622Expenses 2013: $338,517Net Income 2013: -$12,8952013Revenue 2014: $346,026Expenses 2014: $378,137Net Income 2014: -$32,1112014Revenue 2015: $341,852Expenses 2015: $329,485Net Income 2015: $12,3672015Revenue 2016: $339,695Expenses 2016: $331,197Net Income 2016: $8,4982016Revenue 2017: $430,134Expenses 2017: $441,469Net Income 2017: -$11,3352017Revenue 2018: $475,310Expenses 2018: $488,119Net Income 2018: -$12,8092018Revenue 2019: $519,723Expenses 2019: $502,142Net Income 2019: $17,5812019Revenue 2020: $437,004Expenses 2020: $372,325Net Income 2020: $64,6792020Revenue 2021: $546,271Expenses 2021: $521,806Net Income 2021: $24,4652021Revenue 2022: $695,207Expenses 2022: $665,812Net Income 2022: $29,3952022Revenue 2023: $709,053Expenses 2023: $655,209Net Income 2023: $53,8442023Revenue 2024: $541,875Expenses 2024: $578,693Net Income 2024: -$36,8182024

Highlighted filing

2017

Revenue$430,134
Expenses$441,469
Net Income-$11,335
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$439,467
Mission and Program Overview

Mission

Cucalorus brings people together to celebrate,discover,and create. The annual festival provides a non competitive environment to support filmmakers and showcase visionary leaders who are using creativity and technology to transform our world

Purpose of the organization is to create a venue and showcase for independent film makers through an annual film festival focusing on education and community building between film makers and the public

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,467$38,003▼ $3,464
Land, Buildings, and Equipment, Net$7,537$8,161▲ $624
Total Assets$49,004$46,164▼ $2,840
Liabilities
Accounts Payable and Accrued Expenses$5,488$18,270▲ $12,782
Unsecured Notes Loans Payable$4,287--
Total Liabilities$9,775$18,270▲ $8,495
Net Assets / Fund Balance
Unrestricted Net Assets$39,229$27,894▼ $11,335
Total Net Assets Fund Balance$39,229$27,894▼ $11,335
Total Liabilities and Net Assets / Fund Balance$49,004$46,164▼ $2,840

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,161$16,272$24,433
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$150,106
Program Service Revenue
$244,061
Investment Income
$0
Other Revenue
$35,967
Change in Net Assets
$-11,335

Audited Revenue Reconciliation

Revenue per Audited Statements
$430,134
Total Revenue per Audited Statements
$430,134
Total Revenue per Form 990
$430,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,648
Salaries, Compensation, and Employee Benefits$152,821
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,741--$138,741
All Other Expenses$132,469--$132,469
Other Expenses$46,586--$46,586
Payroll Taxes$14,080--$14,080
Occupancy$9,675--$9,675
Fees for Services Accounting$6,138--$6,138
Office Expenses$4,988--$4,988
Insurance$4,840--$4,840
Travel$1,875--$1,875
Depreciation Depletion$1,576--$1,576
Interest$113--$113
Total Functional Expenses$441,469$0$0$441,469

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$441,469
Total Expenses per Audited Statements$441,469
Total Expenses per Form 990$441,469
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,300
Fundraising Direct Expenses$9,333
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Crowdfunding$45,300$45,300$9,333$35,967
Total Events$45,300$45,300$9,333$35,967
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

One of the board members is the father of the executive director

Form 990 governing body review Part VI line 11

The board of directors reviews the 990 before it is filed

Other officer or key employee compensation Part VI line 15B

All compenstaion is approved by the board of directors

Governing documents etc available to public Part VI line 19

All documents are availabe to public upon rquest

Filing and Contact Details

Filer

Filer Name
Cucalorus Film Foundation
EIN
56-2104755
Address
815 PRINCESS ST, WILMINGTON, NC 28401

Signing Officer

Name
Dan Brawley
Title
Executive Direc
Phone
9103435995
Signed
2018-05-14
Discuss with paid preparer
No

Organization Details

Principal Officer
Sue Meier
Formed
1997
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
7

Preparer

Firm
Goodson & Taylor CPAs
Address
763 S Kerr Ave, Wilmington, NC 28403
Preparer
Clement Goodson
Phone
9103924650
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

See attahced statement for other expenses

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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/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0138741
IRS990/OtherSalariesAndWagesGrp/TotalAmt0138741
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt014080
IRS990/PayrollTaxesGrp/TotalAmt014080
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SUE MEIER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0512000
IRS990/ProgramServiceRevenueGrp/BusinessCd1512000
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES AND OTHER
IRS990/ProgramServiceRevenueGrp/Desc1ENTRY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0209967
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0209967
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132274
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt096908
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0229287
IRS990/PYOtherRevenueAmt037284
IRS990/PYProgramServiceRevenueAmt0205503
IRS990/PYRevenuesLessExpensesAmt08498
IRS990/PYSalariesCompEmpBnftPaidAmt0101910
IRS990/PYTotalExpensesAmt0331197
IRS990/PYTotalRevenueAmt0339695
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-11335
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0150106
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0149615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0126975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0142226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108253
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0677175
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0209967
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0205503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0204721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0189916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0133040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0943147
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01156
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt011328
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt011350
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt023834
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01644156
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0360073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0355118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0332852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0343470
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0252643
IRS990ScheduleA/Total509Grp/TotalAmt01644156
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0360073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0355118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0332852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0343470
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0252643
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01644156
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt08161
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016272
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024433
IRS990ScheduleD/ExpensesSubtotalAmt0441469
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/RevenueSubtotalAmt0430134
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08161
IRS990ScheduleD/TotalExpensesPerForm990Amt0441469
IRS990ScheduleD/TotalRevenuePerForm990Amt0430134
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0430134
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0441469
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09333
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CROWDFUNDING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt045300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045300
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035967
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09333
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09333
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE OF THE BOARD MEMBERS IS THE FATHER OF THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSTAION IS APPROVED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABE TO PUBLIC UPON RQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE ATTAHCED STATEMENT FOR OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt049004
IRS990/TotalAssetsEOYAmt046164
IRS990/TotalAssetsGrp/BOYAmt049004
IRS990/TotalAssetsGrp/EOYAmt046164
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0150106
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0441469
IRS990/TotalFunctionalExpensesGrp/TotalAmt0441469
IRS990/TotalGrossUBIAmt035967
IRS990/TotalLiabilitiesBOYAmt09775
IRS990/TotalLiabilitiesEOYAmt018270
IRS990/TotalLiabilitiesGrp/BOYAmt09775
IRS990/TotalLiabilitiesGrp/EOYAmt018270
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt039229
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027894
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01820
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01820
IRS990/TotalProgramServiceExpensesAmt0441469
IRS990/TotalProgramServiceRevenueAmt0244061

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.84$1.53$5.42$5.79$0.37
2023Detailed filing. Detailed filing data is available for this year.$2.88$0.94$1.94$7.09$6.55$0.54
2022Detailed filing. Detailed filing data is available for this year.$2.49$1.09$1.40$6.95$6.66$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.25$1.12$1.14$5.46$5.22$0.24
2020Detailed filing. Detailed filing data is available for this year.$1.76$0.87$0.89$4.37$3.72$0.65
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.86$0.25$5.20$5.02$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.40$0.15$4.75$4.88$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.18$0.28$4.30$4.41$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.10$0.39$3.40$3.31$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.20$0.36$3.42$3.29$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.26$0.24$3.46$3.78$0.32
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.07$0.56$3.26$3.39$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.05$0.69$2.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.01$0.46$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.01$0.48$2.23