Civic Intelligence

Hilton Head Dance Theatre

990 • Fiscal year 2019 • EIN 57-0823063

Aug 01, 2018 to Jul 31, 2019 • Filed on Dec 16, 2019

PO Box 5761Hilton Head, SC 29938

(843) 842-3262

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.04x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

17th percentile

-8.7%

Faster asset growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

33rd percentile

-3.9%

Faster revenue growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$619,874

Down $58,817 (-8.7%) from 2018

Net Assets

Down

$610,548

Down $59,375 (-8.9%) from 2018

Liabilities

Up

$9,326

Up $558 (+6.4%) from 2018

Revenue

Down

$226,106

Down $9,245 (-3.9%) from 2018

Expenses

Up

$285,196

Up $18,187 (+6.8%) from 2018

Net Income

Down

-$59,090

Down $27,432 (-87%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $859,107Liabilities 2012: $20,000Net Assets 2012: $839,1072012Assets 2013: $863,155Liabilities 2013: $38,684Net Assets 2013: $824,4712013Assets 2014: $846,464Liabilities 2014: $39,952Net Assets 2014: $806,5122014Assets 2015: $796,404Liabilities 2015: $19,479Net Assets 2015: $776,9252015Assets 2016: $760,471Liabilities 2016: $25,196Net Assets 2016: $735,2752016Assets 2017: $715,231Liabilities 2017: $16,260Net Assets 2017: $698,9712017Assets 2018: $678,691Liabilities 2018: $8,768Net Assets 2018: $669,9232018Assets 2019: $619,874Liabilities 2019: $9,326Net Assets 2019: $610,5482019Assets 2020: $577,069Liabilities 2020: $9,200Net Assets 2020: $567,8692020Assets 2021: $519,537Liabilities 2021: $663Net Assets 2021: $518,8742021Assets 2022: $503,152Liabilities 2022: $0Net Assets 2022: $503,1522022Assets 2023: $491,222Liabilities 2023: $310Net Assets 2023: $490,9122023Assets 2024: $472,866Liabilities 2024: $5,361Net Assets 2024: $467,5052024Assets 2025: $467,999Liabilities 2025: $5,000Net Assets 2025: $462,9992025

Highlighted filing

2019

Assets$619,874
Liabilities$9,326
Net Assets$610,548

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $189,199Expenses 2012: $251,130Net Income 2012: -$61,9312012Revenue 2013: $207,720Expenses 2013: $211,117Net Income 2013: -$3,3972013Revenue 2014: $206,598Expenses 2014: $238,927Net Income 2014: -$32,3292014Revenue 2015: $213,330Expenses 2015: $229,265Net Income 2015: -$15,9352015Revenue 2016: $214,719Expenses 2016: $256,014Net Income 2016: -$41,2952016Revenue 2017: $218,755Expenses 2017: $257,133Net Income 2017: -$38,3782017Revenue 2018: $235,351Expenses 2018: $267,009Net Income 2018: -$31,6582018Revenue 2019: $226,106Expenses 2019: $285,196Net Income 2019: -$59,0902019Revenue 2020: $186,959Expenses 2020: $234,263Net Income 2020: -$47,3042020Revenue 2021: $133,154Expenses 2021: $191,805Net Income 2021: -$58,6512021Revenue 2022: $232,414Expenses 2022: $219,132Net Income 2022: $13,2822022Revenue 2023: $194,148Expenses 2023: $210,638Net Income 2023: -$16,4902023Revenue 2024: $197,488Expenses 2024: $227,172Net Income 2024: -$29,6842024Revenue 2025: $202,226Expenses 2025: $210,036Net Income 2025: -$7,8102025

Highlighted filing

2019

Revenue$226,106
Expenses$285,196
Net Income-$59,090
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Dec 16, 2019
Return Version
2018v3.1
Gross Receipts
$226,106
Mission and Program Overview

Mission

Promote the appreciation for the ballet to to the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$487,929$451,750▼ $36,179
Investments in Publicly Traded Securities$120,529$120,245▼ $284
Cash and Non-Interest-Bearing Accounts$52,043$26,445▼ $25,598
Inventories for Sale or Use$15,440$15,934▲ $494
Accounts Receivable$1,500$5,000▲ $3,500
Total Assets$678,691$619,874▼ $58,817
Other Assets Total$1,250$500▼ $750
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,593$9,151▲ $558
Accounts Payable and Accrued Expenses$175$175→ $0
Total Liabilities$8,768$9,326▲ $558
Net Assets / Fund Balance
Unrestricted Net Assets$669,923$610,548▼ $59,375
Total Net Assets Fund Balance$669,923$610,548▼ $59,375
Total Liabilities and Net Assets / Fund Balance$678,691$619,874▼ $58,817

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$441,519$187,149$628,668
Equipment$1,518$154,735$156,253
Leasehold Improvements$8,213$15,216$23,429
Land$500-$500
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$84,887
Program Service Revenue
$73,706
Investment Income
$5,648
Other Revenue
$61,865
All Other Contributions
$84,887
Change in Net Assets
$-59,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$43,633-$43,633
Occupancy-$24,078-$24,078
Insurance-$11,170-$11,170
Fees for Services Accounting-$2,040-$6,055
Advertising-$3,990-$3,990
Fees for Services Other-$7,367-$3,352
Office Expenses-$3,107-$3,107
Fees for Services Legal-$700-$700
Other Expenses$181,717$300-$300
Total Functional Expenses$181,717$103,479$0$285,196
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,665
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$18,665$18,665-$18,665
Total Events$18,665$18,665-$18,665
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 11B

Organizations process to review form 990 before form 990 is filed. A pdf of this tax form is sent out by email to all directors for review. All directors must send back an email indication that they have reviewed the return and agree with its contents or that they do not wish to review the return and agree to have it sent without review.

Form 990, Part VI, Line 12C

Enforcement of conflict policy. The policy for conflicts is contained in the bylaws and is annually reviewed during the election process. In addition, any time someone exits the board, the policy is reviewed.

Form 990, Part VI, Line 15A

Compensation process for top officials. The entity has never needed to use this policy, but such a policy was written for us by our attorney and is contained in the bylaws. Every board member has a copy. No one on the board receives any type of compensation.

Form 990, Part VI, Line 19

The process for officers. The policy regarding ceo/other officers contained in the bylaws is the same as the top official policy.

Form 990, Part VI, Line 19

Governing documents disclosure explanation. All required documents are available to the public in the entitys office during regular business hours should anyone wish to see them.

Filing and Contact Details

Filer

Filer Name
Hilton Head Dance Theatre
EIN
57-0823063
Phone
8438423262
Address
PO BOX 5761, HILTON HEAD, SC 29938

Signing Officer

Name
Lori Finger
Title
President
Signed
2019-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Finger
Formed
1995
Legal Domicile
Sc
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Vital Business & Accounting Solutions PC
Address
PO Box 23403, Hilton Head Island, SC 29925-3403
Preparer
Tina M Clark
Phone
8435480052
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt071262
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt071262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12444
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077829
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06361
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0267009
IRS990/PYOtherRevenueAmt069088
IRS990/PYProgramServiceRevenueAmt082073
IRS990/PYRevenuesLessExpensesAmt0-31658
IRS990/PYTotalExpensesAmt0267009
IRS990/PYTotalRevenueAmt0235351
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-59090
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt043200
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt079353
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0103552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt093036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt065734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt064113
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt065619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0392054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04989
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06993
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010382
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033306
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92170
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.92010
IRS990ScheduleA/PublicSupportTotal170Amt0392054
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0103552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt093036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt065734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt064113
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt065619
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0392054
IRS990ScheduleA/TotalSupportAmt0425360
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0441519
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0187149
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0628668
IRS990ScheduleD/EquipmentGrp/BookValueAmt01518
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0154735
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0156253
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08213
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015216
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023429
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0451750
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018665
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018665
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATIONS PROCESS TO REVIEW FORM 990 BEFORE FORM 990 IS FILED. A PDF OF THIS TAX FORM IS SENT OUT BY EMAIL TO ALL DIRECTORS FOR REVIEW. ALL DIRECTORS MUST SEND BACK AN EMAIL INDICATION THAT THEY HAVE REVIEWED THE RETURN AND AGREE WITH ITS CONTENTS OR THAT THEY DO NOT WISH TO REVIEW THE RETURN AND AGREE TO HAVE IT SENT WITHOUT REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICT POLICY. THE POLICY FOR CONFLICTS IS CONTAINED IN THE BYLAWS AND IS ANNUALLY REVIEWED DURING THE ELECTION PROCESS. IN ADDITION, ANY TIME SOMEONE EXITS THE BOARD, THE POLICY IS REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIALS. THE ENTITY HAS NEVER NEEDED TO USE THIS POLICY, BUT SUCH A POLICY WAS WRITTEN FOR US BY OUR ATTORNEY AND IS CONTAINED IN THE BYLAWS. EVERY BOARD MEMBER HAS A COPY. NO ONE ON THE BOARD RECEIVES ANY TYPE OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR OFFICERS. THE POLICY REGARDING CEO/OTHER OFFICERS CONTAINED IN THE BYLAWS IS THE SAME AS THE TOP OFFICIAL POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION. ALL REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC IN THE ENTITYS OFFICE DURING REGULAR BUSINESS HOURS SHOULD ANYONE WISH TO SEE THEM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0678691
IRS990/TotalAssetsEOYAmt0619874
IRS990/TotalAssetsGrp/BOYAmt0678691
IRS990/TotalAssetsGrp/EOYAmt0619874
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt084887
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103479
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0181717
IRS990/TotalFunctionalExpensesGrp/TotalAmt0285196
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08768
IRS990/TotalLiabilitiesEOYAmt09326
IRS990/TotalLiabilitiesGrp/BOYAmt08768
IRS990/TotalLiabilitiesGrp/EOYAmt09326
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0669923
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0610548
IRS990/TotalProgramServiceExpensesAmt0181717
IRS990/TotalProgramServiceRevenueAmt073706
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079354
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0226106
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0678691
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0619874
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0669923
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0610548
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.05$4.63$2.02$2.10$0.08
2024Detailed filing. Detailed filing data is available for this year.$4.73$0.05$4.68$1.97$2.27$0.30
2023Detailed filing. Detailed filing data is available for this year.$4.91$0.00$4.91$1.94$2.11$0.16
2022Detailed filing. Detailed filing data is available for this year.$5.03$0.00$5.03$2.32$2.19$0.13
2021Detailed filing. Detailed filing data is available for this year.$5.20$0.01$5.19$1.33$1.92$0.59
2020Detailed filing. Detailed filing data is available for this year.$5.77$0.09$5.68$1.87$2.34$0.47
2019Detailed filing. Detailed filing data is available for this year.$6.20$0.09$6.11$2.26$2.85$0.59
2018Detailed filing. Detailed filing data is available for this year.$6.79$0.09$6.70$2.35$2.67$0.32
2017Detailed filing. Detailed filing data is available for this year.$7.15$0.16$6.99$2.19$2.57$0.38
2016Detailed filing. Detailed filing data is available for this year.$7.60$0.25$7.35$2.15$2.56$0.41
2015Detailed filing. Detailed filing data is available for this year.$7.96$0.19$7.77$2.13$2.29$0.16
2014Detailed filing. Detailed filing data is available for this year.$8.46$0.40$8.07$2.07$2.39$0.32
2013Summary only. Only limited summary data is available for this year.$8.63$0.39$8.24$2.08$2.11$0.03
2012Summary only. Only limited summary data is available for this year.$8.59$0.20$8.39$1.89$2.51$0.62