Civic Intelligence

Glynn Visual Arts Inc.

990 • Fiscal year 2019 • EIN 58-0948772

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

106 Island DriveSt Simons Island, GA 31522

(912) 638-8770

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

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

Liabilities / Revenue

51st percentile

0.03x

Higher debt load relative to revenue than 51% of similar nonprofits.

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

Net Margin

93rd percentile

55%

Higher net margin than 93% 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

34th percentile

-1.7%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

93rd percentile

113%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Down

$686,997

Down $12,133 (-1.7%) from 2018

Net Assets

Up

$669,718

Up $312,257 (+87%) from 2018

Liabilities

Down

$17,279

Down $324,390 (-95%) from 2018

Revenue

Up

$567,633

Up $301,488 (+113%) from 2018

Expenses

Down

$255,377

Down $7,876 (-3.0%) from 2018

Net Income

Up

$312,256

Up $309,364 (+10697%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2009: $390,373Liabilities 2009: $7,651Net Assets 2009: $382,7222009Assets 2010: $368,130Liabilities 2010: $1,058Net Assets 2010: $367,0722010Assets 2011: $340,805Liabilities 2011: $6,559Net Assets 2011: $334,2462011Assets 2012: $319,114Liabilities 2012: $29,611Net Assets 2012: $289,5032012Assets 2013: $257,680Liabilities 2013: $18,053Net Assets 2013: $239,6272013Assets 2014: $672,820Liabilities 2014: $357,695Net Assets 2014: $315,1252014Assets 2015: $686,524Liabilities 2015: $378,469Net Assets 2015: $308,0552015Assets 2016: $708,915Liabilities 2016: $376,687Net Assets 2016: $332,2282016Assets 2017: $708,306Liabilities 2017: $353,735Net Assets 2017: $354,5712017Assets 2018: $699,130Liabilities 2018: $341,669Net Assets 2018: $357,4612018Assets 2019: $686,997Liabilities 2019: $17,279Net Assets 2019: $669,7182019Assets 2020: $663,744Liabilities 2020: $41,238Net Assets 2020: $622,5062020Assets 2021: $625,183Liabilities 2021: $11,148Net Assets 2021: $614,0352021Assets 2022: $621,020Liabilities 2022: $27,862Net Assets 2022: $593,1582022Assets 2023: $651,640Liabilities 2023: $42,866Net Assets 2023: $608,7742023Assets 2024: $654,390Liabilities 2024: $44,292Net Assets 2024: $610,0982024

Highlighted filing

2019

Assets$686,997
Liabilities$17,279
Net Assets$669,718

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2009: $261,767Expenses 2009: $213,467Net Income 2009: $48,3002009Revenue 2010: $211,437Expenses 2010: $227,087Net Income 2010: -$15,6502010Revenue 2011: $231,939Expenses 2011: $251,975Net Income 2011: -$20,0362011Expenses 2012: $289,4172012Revenue 2013: $264,143Expenses 2013: $314,019Net Income 2013: -$49,8762013Revenue 2014: $377,829Expenses 2014: $302,331Net Income 2014: $75,4982014Revenue 2015: $264,605Expenses 2015: $271,675Net Income 2015: -$7,0702015Revenue 2016: $259,728Expenses 2016: $235,782Net Income 2016: $23,9462016Revenue 2017: $264,106Expenses 2017: $241,766Net Income 2017: $22,3402017Revenue 2018: $266,145Expenses 2018: $263,253Net Income 2018: $2,8922018Revenue 2019: $567,633Expenses 2019: $255,377Net Income 2019: $312,2562019Revenue 2020: $192,151Expenses 2020: $239,363Net Income 2020: -$47,2122020Revenue 2021: $279,647Expenses 2021: $299,518Net Income 2021: -$19,8712021Revenue 2022: $310,077Expenses 2022: $330,954Net Income 2022: -$20,8772022Revenue 2023: $380,287Expenses 2023: $364,671Net Income 2023: $15,6162023Revenue 2024: $381,265Expenses 2024: $381,410Net Income 2024: -$1452024

Highlighted filing

2019

Revenue$567,633
Expenses$255,377
Net Income$312,256
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$604,766
Mission and Program Overview

Mission

Art festivals, classes, workshops, exhibitions, each providing a forum for local artists to showcase their talents and teach their art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$634,207$615,162▼ $19,045
Cash and Non-Interest-Bearing Accounts$57,370$64,031▲ $6,661
Prepaid Expenses and Deferred Charges$7,553$7,804▲ $251
Total Assets$699,130$686,997▼ $12,133
Liabilities
Other Liabilities$336,606--
Deferred Revenue-$11,400-
Accounts Payable and Accrued Expenses$5,063$5,879▲ $816
Total Liabilities$341,669$17,279▼ $324,390
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$357,461$669,718▲ $312,257
Total Net Assets Fund Balance$357,461$669,718▲ $312,257
Total Liabilities and Net Assets / Fund Balance$699,130$686,997▼ $12,133

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$611,175$99,391$710,566
Equipment$1,470$8,706$10,176
Other Land Buildings$2,517$6,256$8,773
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$405,657
Program Service Revenue
$60,483
Investment Income
$1
Other Revenue
$101,492
All Other Contributions
$354,782
Change in Net Assets
$312,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,210
Salaries, Compensation, and Employee Benefits$119,167
Total Fundraising Expense$9,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,087$51,088$5,378$107,553
Occupancy$21,606$21,606$2,274$45,486
Depreciation Depletion$9,188$8,919$938$19,045
Payroll Taxes$5,516$5,517$581$11,614
Office Expenses-$11,190-$11,190
Insurance$3,170$3,170$334$6,674
All Other Expenses$1,356$1,162$17$2,535
Interest$978$978$103$2,059
Other Expenses$1,560$1,138-$1,138
Advertising$1,126--$1,126
Information Technology-$501-$501
Fees for Services Accounting$500--$500
Total Functional Expenses$140,483$105,269$9,625$255,377
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$46,039
Fundraising Direct Expenses$19,117
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising & F$46,039$46,039$19,117$26,922
Total Events$46,039$46,039$19,117$26,922
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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 7A

The general membership elects board at annual meeting

Form 990, Page 6, Part VI, Line 11B

The 990 is available for review at the office

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

The personnel committee recommends compensation to board

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

The personnel committee recommends compensation to board

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Glynn Visual Arts Inc
EIN
58-0948772
Phone
9126388770
Address
106 ISLAND DRIVE, ST SIMONS ISLAND, GA 31522

Signing Officer

Name
Lynn Goldblatt
Title
President
Phone
9126388770
Signed
2020-11-11

Organization Details

Principal Officer
Lynn Goldblatt
Formed
1959
Legal Domicile
Ga
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
76

Preparer

Firm
Coastal Cpas LLC
Address
100 MAIN ST, SAINT SIMONS ISLAND, GA 31522-1681
Preparer
Pamela a Melton CPA
Phone
9126381010
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 1

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IRS990/OtherExpensesGrp/Desc1GALLERY EXHIBIT EXPENSE
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IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT EXPENSE
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IRS990/OtherExpensesGrp/ProgramServicesAmt039195
IRS990/OtherExpensesGrp/ProgramServicesAmt15201
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IRS990/OtherRevenueMiscGrp/Desc2CONTRIBUTIONS MURAL PROJECT
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05378
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt051088
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051087
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07553
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07804
IRS990/PrincipalOfficerNm0LYNN GOLDBLATT
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IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION INCOME
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0120763
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03
IRS990/PYOtherExpensesAmt0142354
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IRS990/PYProgramServiceRevenueAmt065146
IRS990/PYRevenuesLessExpensesAmt02892
IRS990/PYSalariesCompEmpBnftPaidAmt0120899
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IRS990/ReconcilationRevenueExpnssAmt0312256
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt060483
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0136328
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0141615
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0177994
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0169541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0178344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0880885
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt08706
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019117
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING & F
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GENERAL MEMBERSHIP ELECTS BOARD AT ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS AVAILABLE FOR REVIEW AT THE OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PERSONNEL COMMITTEE RECOMMENDS COMPENSATION TO BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PERSONNEL COMMITTEE RECOMMENDS COMPENSATION TO BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.54$0.44$6.10$3.81$3.81$0.00
2023Detailed filing. Detailed filing data is available for this year.$6.52$0.43$6.09$3.80$3.65$0.16
2022Detailed filing. Detailed filing data is available for this year.$6.21$0.28$5.93$3.10$3.31$0.21
2021Detailed filing. Detailed filing data is available for this year.$6.25$0.11$6.14$2.80$3.00$0.20
2020Detailed filing. Detailed filing data is available for this year.$6.64$0.41$6.23$1.92$2.39$0.47
2019Detailed filing. Detailed filing data is available for this year.$6.87$0.17$6.70$5.68$2.55$3.12
2018Detailed filing. Detailed filing data is available for this year.$6.99$3.42$3.57$2.66$2.63$0.03
2017Detailed filing. Detailed filing data is available for this year.$7.08$3.54$3.55$2.64$2.42$0.22
2016Detailed filing. Detailed filing data is available for this year.$7.09$3.77$3.32$2.60$2.36$0.24
2015Detailed filing. Detailed filing data is available for this year.$6.87$3.78$3.08$2.65$2.72$0.07
2014Detailed filing. Detailed filing data is available for this year.$6.73$3.58$3.15$3.78$3.02$0.75
2013Summary only. Only limited summary data is available for this year.$2.58$0.18$2.40$2.64$3.14$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.30$2.90$2.89
2011Summary only. Only limited summary data is available for this year.$3.41$0.07$3.34$2.32$2.52$0.20
2010Summary only. Only limited summary data is available for this year.$3.68$0.01$3.67$2.11$2.27$0.16
2009Summary only. Only limited summary data is available for this year.$3.90$0.08$3.83$2.62$2.13$0.48