Civic Intelligence

Steffen Thomas Museum & Archives Inc.

990 • Fiscal year 2020 • EIN 58-2421911

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 08, 2021

4200 Bethany RoadBuckhead, GA 30625

(706) 342-7557

Siviq Scores

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

Liabilities / Assets

55th percentile

0.13x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

0.78x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

52nd percentile

6.7%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

14th percentile

-34%

Faster revenue growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,605,918

Up $100,980 (+6.7%) from 2019

Net Assets

Down

$1,395,594

Down $104,891 (-7.0%) from 2019

Liabilities

Up

$210,324

Up $205,871 (+4623%) from 2019

Revenue

Down

$270,174

Down $140,973 (-34%) from 2019

Expenses

Down

$375,065

Down $33,881 (-8.3%) from 2019

Net Income

Down

-$104,891

Down $107,092 (-4866%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,248,527Liabilities 2011: $2,870Net Assets 2011: $1,245,6572011Assets 2012: $1,264,033Liabilities 2012: $8,152Net Assets 2012: $1,255,8812012Assets 2013: $1,279,504Liabilities 2013: $8,876Net Assets 2013: $1,270,6282013Assets 2014: $1,271,491Liabilities 2014: $9,900Net Assets 2014: $1,261,5912014Assets 2015: $1,305,158Liabilities 2015: $8,446Net Assets 2015: $1,296,7122015Assets 2016: $1,365,133Liabilities 2016: $4,428Net Assets 2016: $1,360,7052016Assets 2017: $1,482,534Liabilities 2017: $4,182Net Assets 2017: $1,478,3522017Assets 2018: $1,502,334Liabilities 2018: $4,050Net Assets 2018: $1,498,2842018Assets 2019: $1,504,938Liabilities 2019: $4,453Net Assets 2019: $1,500,4852019Assets 2020: $1,605,918Liabilities 2020: $210,324Net Assets 2020: $1,395,5942020Assets 2021: $1,581,265Liabilities 2021: $169,533Net Assets 2021: $1,411,7322021Assets 2022: $1,564,551Liabilities 2022: $217,442Net Assets 2022: $1,347,1092022Assets 2023: $1,800,940Liabilities 2023: $202,848Net Assets 2023: $1,598,0922023Assets 2024: $1,821,535Liabilities 2024: $191,941Net Assets 2024: $1,629,5942024

Highlighted filing

2020

Assets$1,605,918
Liabilities$210,324
Net Assets$1,395,594

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $114,6242011Expenses 2012: $124,9142012Expenses 2013: $132,9742013Revenue 2014: $156,028Expenses 2014: $165,065Net Income 2014: -$9,0372014Revenue 2015: $151,431Expenses 2015: $116,310Net Income 2015: $35,1212015Revenue 2016: $217,457Expenses 2016: $156,834Net Income 2016: $60,6232016Revenue 2017: $318,442Expenses 2017: $200,795Net Income 2017: $117,6472017Revenue 2018: $266,272Expenses 2018: $246,340Net Income 2018: $19,9322018Revenue 2019: $411,147Expenses 2019: $408,946Net Income 2019: $2,2012019Revenue 2020: $270,174Expenses 2020: $375,065Net Income 2020: -$104,8912020Revenue 2021: $377,891Expenses 2021: $361,753Net Income 2021: $16,1382021Revenue 2022: $329,341Expenses 2022: $393,884Net Income 2022: -$64,5432022Revenue 2023: $321,559Expenses 2023: $380,214Net Income 2023: -$58,6552023Revenue 2024: $352,643Expenses 2024: $352,920Net Income 2024: -$2772024

Highlighted filing

2020

Revenue$270,174
Expenses$375,065
Net Income-$104,891
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 8, 2021
Return Version
2019v5.1
Gross Receipts
$292,274
Mission and Program Overview

Mission

The mission of the steffen thomas museum of art is to provide opportunities to engage, to learn, and to be inspired through steffan's life, art and legacy.

The Museum provides an opportunity to engage, to learn, and be inspired in through Steffens life, art, and legacy. As a single artist museum, it uses its art collection for education, through on-site exhibits and programs for children and adults in rural NE and Middle Georgia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$207,357$186,796▼ $20,561
Savings and Temporary Cash Investments$65,149$173,151▲ $108,002
Land, Buildings, and Equipment, Net$37,501$32,360▼ $5,141
Inventories for Sale or Use$17,576$17,283▼ $293
Cash and Non-Interest-Bearing Accounts$60$113▲ $53
Total Assets$1,504,938$1,605,918▲ $100,980
Other Assets Total$1,177,295$1,196,215▲ $18,920
Liabilities
Unsecured Notes Loans Payable-$170,712-
Mortgage Notes Payable Secured by Investment Property-$36,793-
Accounts Payable and Accrued Expenses$4,453$2,819▼ $1,634
Total Liabilities$4,453$210,324▲ $205,871
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,357,769$1,348,461▼ $9,308
Net Assets Without Donor Restrictions$142,716$47,133▼ $95,583
Total Net Assets Fund Balance$1,500,485$1,395,594▼ $104,891
Total Liabilities and Net Assets / Fund Balance$1,504,938$1,605,918▲ $100,980

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$32,360$19,048$51,408
Equipment-$30,324$30,324
Other Assets Org$47,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$185,788$2,850▼ $4,864$19,074$164,700
2018$178,672$7,900▲ $4,422$5,206$185,788
2017$171,542$9,136▼ $1,940-$178,738
2016$135,449$22,856▲ $13,237-$171,542
2015$90,345$42,958▲ $2,146-$135,449
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don RomanPresident
Leara RhodesVice President
Charlie BonnerBoard Member
Cheryl BlandBoard Member
Connie ShumakeBoard Member
Pam BurnettBoard Member
September GrayBoard Member
Lisa ConnerMember at Large
Brian TitusSecretary
Robert CuellarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$263,772
Program Service Revenue
$2,438
Investment Income
$-14,481
Other Revenue
$18,445
All Other Contributions
$255,969
Change in Net Assets
$-104,891

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$68,043Est of Market Value
Other Non Cash Contri Table1$67,200Est of Market Value
Works of Art1$19,400Est of Market Value
Other Non Cash Contri Table1$6,000Est of Market Value
Other Non Cash Contri Table3$3,353Cost
Total Noncash Contributions9$163,996-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$320,690
Salaries, Compensation, and Employee Benefits$54,375
Total Fundraising Expense$241
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$357$80,113-$80,470
Occupancy$67,200$12,605-$79,805
Fees for Services Management$32,327$35,964-$68,291
Other Salaries and Wages$6,875$43,636-$50,511
Office Expenses$2,830$10,347$215$13,392
Advertising$98$7,420-$7,518
Depreciation Depletion-$5,141-$5,141
Insurance$742$3,417-$4,159
Payroll Taxes$526$3,338-$3,864
Interest-$3,835-$3,835
Fees for Services Accounting-$2,883-$2,883
Travel$1,694$640-$2,334
Conferences and Meetings$422$889-$1,311
Other Expenses$3,537$500$26$526
Total Functional Expenses$157,466$217,358$241$375,065
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,431
Professional Fundraising Fees$0
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

Officer directors etc family relationship Part VI line 2

Lisa Conner has a family relationship with Pam Burnett

Organizational document changes Part VI line 4

The By Laws were updated and included the following changes:A. Removed the provision for the Past President to remain on the board as a voting member of the Executive Committee, even if he/she had served two full terms.B. Removed the provision that allowed members of the organization to elect new Directors for the Board at the Annual Meeting. The current Board of Directors now elects new Board members.C. If several Board members resign and leave fewer than the state minimum of 9 Board members, the Executive Committee shall have the right to conduct the business of the Museum until new Board members can be added.D. Three members of the Executive Committee shall be considered a quorum for an Executive Committee to take action on a matter.

Members or stockholder classes and rights Part VI line 6

The Museum has members.

Form 990 governing body review Part VI line 11

The return is prepared by an independent CPA and then reviewed by the Musuems Treasurer who then approves and signs the return. The return is also available for review by the Board before the return is filed.

Officer director etc mailing address Part VI line 9

Cheryl Bland, 1178 Newman Dr, Madison, GA 30650Don Roman, 1462 Crooked Tree Cir, Stone Mountain, GA 30088Connie Shumake, 2951 Seven Islands Rd, Buckhead, GA 30625Brian Titus, 1046 Creekwood Cir, Madison, GA 30650Leara Rhodes, 270 Great Oak Dr, Athens, GA 30605Bob Cuellar, PO Box 251, Conyers, GA 30012Lisa Conner, 4130 Bethany Rd, Buckhead, GA 30625Charlie Bonner, 530 Riverview Rd, Athens 30605Pam Burnett, 9292 Jackson Lake Rd, Monticello, GA 31064September Gray, 75 Bennett St, Suite O-2, Atlanta, GA 30309

Conflict of interest policy compliance Part VI line 12C

The Conflict of Interest Policy is signed on an annual basis, along with discussing it and asking officers, board members, and employees to notify the Museum of any issues.

CEO executive director top management comp Part VI line 15A

The Board of Directors and committee discuss the compensation annually at a board meeting.

Other officer or key employee compensation Part VI line 15B

The Board of Directors and committee discuss the comensation annually at a board meeting.

Governing documents etc available to public Part VI line 19

The Museums governing documents, financial statements, and tax returns are made available in the Museum to anyone who wishes to view them during normal operating hours of the Museum.

Filing and Contact Details

Filer

Filer Name
Steffen Thomas Museum & Archives Inc
EIN
58-2421911
Address
4200 Bethany Road, Buckhead, GA 30625

Signing Officer

Name
Robert Cuellar
Title
Treasurer
Phone
7063427557
Signed
2021-02-08
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
59

Preparer

Firm
Heather L Kennerson CPA
Address
1020 Park Avenue Suite 103, Greensboro, GA 30642
Preparer
Heather L Kennerson
Phone
7069232323
Supplemental Narrative

Financial Statement Notes

Collections descriptions (Part III, line 4)

One of a few single-artist museums in the US, the Museum uses its art collection for education, through on-site exhibits and programs for childred and adults in rural Northeast and Middle Georgia. The collection consists of the work of Master Artist Steffen Thomas in various art mediums. The collection and the artists personal philosophy of the Brotherhood on Mankind are used for inspiration for all of the organizations programs, in order to fulfill the Mission, as stated below:The Museum provides an opportunity to engage, to learn, and to be inspired through Steffens life, art, and legacy.

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IRS990/MissionDesc0The Museum provides an opportunity to engage, to learn, and be inspired in through Steffens life, art, and legacy. As a single artist museum, it uses its art collection for education, through on-site exhibits and programs for children and adults in rural NE and Middle Georgia.
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IRS990/ProgSrvcAccomActy2Grp/Desc0College Connections -- This program provides opportunities for college art students to exhibit their work, wrtie about art, or learn about museum practices. In FY 2019-2020 serveral college interns worked closely under the supervision of museum staff on curatorial practices and archival work with the collection.
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IRS990/ProgSrvcAccomActy3Grp/Desc0A Day at the Steffen Thomas Museum -- This program is a field trip for rural K-12 students in surrounding counties, which provides a chance to visit a fine arts museum near home and to try unusual art techniques used by Thomas, in guided workshops. Tours are led by trained docents and an experienced Art Outreach Coordinator teaches the workshops. Distance Learning launched in FY 2019-2020 as an alternative for teachers and students to engage while we all weatherd the COVID-19 pandemic, provided individual art kits and lessons for students. Over 550 children visited in person, before the schools shut dowm because of the pandemic.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Permanent Art Collection
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0One of a few single-artist museums in the US, the Museum uses its art collection for education, through on-site exhibits and programs for childred and adults in rural Northeast and Middle Georgia. The collection consists of the work of Master Artist Steffen Thomas in various art mediums. The collection and the artists personal philosophy of the Brotherhood on Mankind are used for inspiration for all of the organizations programs, in order to fulfill the Mission, as stated below:The Museum provides an opportunity to engage, to learn, and to be inspired through Steffens life, art, and legacy.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Collections descriptions (Part III, line 4)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.19$1.63$0.35$0.35$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.20$1.60$0.32$0.38$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.22$1.35$0.33$0.39$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.17$1.41$0.38$0.36$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.21$1.40$0.27$0.38$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.41$0.41$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.27$0.25$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.00$1.48$0.32$0.20$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.36$0.22$0.16$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.01$1.30$0.15$0.12$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$0.16$0.17$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.01$1.27$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.01$1.26$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$0.11