Civic Intelligence

The Classic Center Cultural Foundation Inc

EIN 58-2594235 • 501(c)3 • Athens, GA

Profile

Support Classic Center & promote cultural awareness

300 North Thomas StreetAthens, GA 30603

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.26x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$337,288

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,641,137

Up $466,922 (+15%) from 2023

Liabilities

Down

$286,389

Down $49,920 (-15%) from 2023

Net Assets

Up

$3,354,748

Up $516,842 (+18%) from 2023

Revenue

Down

$1,089,042

Down $846,281 (-44%) from 2023

Expenses

Down

$715,180

Down $186,517 (-21%) from 2023

Net Income

Down

$373,862

Down $659,764 (-64%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $786,708Liabilities 2011: $0Net Assets 2011: $786,7082011Assets 2012: $764,439Liabilities 2012: $21,325Net Assets 2012: $743,1142012Assets 2013: $807,515Liabilities 2013: $21,300Net Assets 2013: $786,2152013Assets 2014: $852,391Liabilities 2014: $6,300Net Assets 2014: $846,0912014Assets 2015: $983,870Liabilities 2015: $246,994Net Assets 2015: $736,8762015Assets 2016: $1,136,963Liabilities 2016: $339,146Net Assets 2016: $797,8172016Assets 2017: $1,161,582Liabilities 2017: $221,739Net Assets 2017: $939,8432017Assets 2018: $1,320,587Liabilities 2018: $190,683Net Assets 2018: $1,129,9042018Assets 2019: $1,722,012Liabilities 2019: $207,329Net Assets 2019: $1,514,6832019Assets 2020: $1,582,987Liabilities 2020: $105,510Net Assets 2020: $1,477,4772020Assets 2021: $2,215,855Liabilities 2021: $208,534Net Assets 2021: $2,007,3212021Assets 2022: $2,189,805Liabilities 2022: $468,016Net Assets 2022: $1,721,7892022Assets 2023: $3,174,215Liabilities 2023: $336,309Net Assets 2023: $2,837,9062023Assets 2024: $3,641,137Liabilities 2024: $286,389Net Assets 2024: $3,354,7482024

Highlighted filing

2024

Assets$3,641,137
Liabilities$286,389
Net Assets$3,354,748

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $309,3222011Expenses 2012: $381,4742012Revenue 2013: $432,808Expenses 2013: $389,707Net Income 2013: $43,1012013Revenue 2014: $356,712Expenses 2014: $296,836Net Income 2014: $59,8762014Revenue 2015: $380,122Expenses 2015: $574,111Net Income 2015: -$193,9892015Revenue 2016: $644,822Expenses 2016: $528,884Net Income 2016: $115,9382016Revenue 2017: $669,763Expenses 2017: $589,270Net Income 2017: $80,4932017Revenue 2018: $870,020Expenses 2018: $674,019Net Income 2018: $196,0012018Revenue 2019: $1,013,883Expenses 2019: $615,508Net Income 2019: $398,3752019Revenue 2020: $693,981Expenses 2020: $661,357Net Income 2020: $32,6242020Revenue 2021: $512,457Expenses 2021: $302,974Net Income 2021: $209,4832021Revenue 2022: $507,055Expenses 2022: $472,380Net Income 2022: $34,6752022Revenue 2023: $1,935,323Expenses 2023: $901,697Net Income 2023: $1,033,6262023Revenue 2024: $1,089,042Expenses 2024: $715,180Net Income 2024: $373,8622024

Highlighted filing

2024

Revenue$1,089,042
Expenses$715,180
Net Income$373,862

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.64$0.29$3.35$1.09$0.72$0.37
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.34$2.84$1.94$0.90$1.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.47$1.72$0.51$0.47$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.21$2.01$0.51$0.30$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.11$1.48$0.69$0.66$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.21$1.51$1.01$0.62$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.19$1.13$0.87$0.67$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.22$0.94$0.67$0.59$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.34$0.80$0.64$0.53$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.25$0.74$0.38$0.57$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.85$0.36$0.30$0.06
2013Summary only. Only limited summary data is available for this year.$0.81$0.02$0.79$0.43$0.39$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.02$0.74$0.38
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.00$0.79$0.31
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 4, 2023
Return Version
2021v4.2
Gross Receipts
$632,820
Mission and Program Overview

Mission

Support the classic center authority & promote cultural awareness

Support classic center promote cultural awareness

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,753,718$1,749,280▼ $4,438
Rtn Earn Endowment Incm Other Fnds$2,007,321$1,721,789▼ $285,532
Savings and Temporary Cash Investments$219,468$183,121▼ $36,347
Land, Buildings, and Equipment, Net$170,000$170,000→ $0
Accounts Receivable$44,124$81,309▲ $37,185
Prepaid Expenses and Deferred Charges$28,545$6,095▼ $22,450
Total Assets$2,215,855$2,189,805▼ $26,050
Liabilities
Deferred Revenue$36,405$260,100▲ $223,695
Mortgage Notes Payable Secured by Investment Property$150,000$155,612▲ $5,612
Accounts Payable and Accrued Expenses$22,129$52,304▲ $30,175
Total Liabilities$208,534$468,016▲ $259,482
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,007,321$1,721,789▼ $285,532
Total Liabilities and Net Assets / Fund Balance$2,215,855$2,189,805▼ $26,050

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$170,000-$170,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,753,718$220,833▼ $215,397-$1,749,280
2020$1,278,686$138,519▲ $373,442$28,355$1,753,718
2019$1,211,940$64,525▲ $57,347$47,335$1,278,686
2018$1,050,747$155,693▲ $53,339$39,957$1,211,940
2017$819,263$299,054▲ $52,416$114,063$1,050,747
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jack CrowleyPresident
GWEN O'LOONEYVice President
Beth BryantDirector
Archie CrenshawTrustee
Charlie MaddoxTrustee
Evan ElderTrustee
Faye ChambersTrustee
Lois KemperTrustee
Matt DixonTrustee
Michelle P TuckerTrustee
Richard BooneTrustee
Smith WilsonTrustee
Tres SmallTrustee
Paul CramerExofficio
Chad BrownSecretary
Jinx PatelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$188,156
Program Service Revenue
$138,312
Investment Income
$104,812
Other Revenue
$75,775
All Other Contributions
$27,418
Change in Net Assets
$34,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$387,047
Grants and Similar Amounts Paid$65,720
Total Fundraising Expense$41,082
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$179,588$2,935-$182,523
Fees for Services Management$82,165$41,082$41,082$164,329
Grants to Domestic Individuals$51,381--$51,381
Benefits to Members$19,613--$19,613
Grants to Domestic Orgs$14,000--$14,339
Fees for Service Investment Mgmnt Fees$9,874--$9,874
Advertising$7,932--$7,932
Fees for Services Legal-$6,911-$6,911
Interest-$5,612-$5,612
Office Expenses-$891-$891
Other Expenses-$58-$58
Total Functional Expenses$364,553$66,406$41,082$472,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,460
Fundraising Direct Expenses$118,030
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Weeken$112,944$112,944$68,827$44,117
Golf Tourna$43,808$43,808$18,379$25,429
Total Events$195,460$195,460$118,030$77,430
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

Part VI Line 6

Members join by paying an annual membership fee

Part VI Line 11B

A copy of the return will be given to board members

Part VI Line 11B

FOR THEIR REVIEW

Part VI Line 15A or B

The director's salary is set and approved by the board

Part VI Line 15A or B

All salaries are reviewed by the financial committee

Part VI Line 19

N/A

Filing and Contact Details

Filer

Filer Name
The Classic Center Cultural Foundation
EIN
58-2594235
In Care Of
% JINX PATEL
Phone
7063574459
Address
300 NORTH THOMAS STREET, Athens, GA 30603

Signing Officer

Name
Jinx Patel
Title
Treasurer
Phone
7063574459
Signed
2023-04-04

Organization Details

Principal Officer
Jack Crowley
Formed
2001
Legal Domicile
Ga
Voting Board Members
15
Independent Board Members
15
Employees
0
Supplemental Narrative

Additional Explanations

Part IX Line 24E

RETREAT EXPENSES Total expenses - $508.00 Program service expenses - $0.00 Mgmt and general expenses - $508.00 Fundraising expenses - $0.00

Part IX Line 24E

MISCELLANEOUS Total expenses - $2427.00 Program service expenses - $0.00 Mgmt and general expenses - $2427.00 Fundraising expenses - $0.00

Part IX Line 24E

501 MEMBER SOCIAL Total expenses - $2785.00 Program service expenses - $2785.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 24E

CELEBRATION OF THE ARTS Total expenses - $25154.00 Program service expenses - $25154.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 24E

RECEPTIONS Total expenses - $35602.00 Program service expenses - $35602.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 24E

CULTURAL TRIP EXPENSES Total expenses - $109807.00 Program service expenses - $109807.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 24E

ARTWORK Total expenses - $6240.00 Program service expenses - $6240.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part III Line 4D

Expenses: $6240.00 including grants of: $0.00 Revenue: $0.00

Part III Line 4D

Artwork purchased to be displayed at the classic center,

Part III

Installation expenses and curator expenses

Part III Line 4D

Expenses: $0.00 including grants of: $339.00 Revenue: $0.00

Part III Line 4D

Hospitality relief fund - grants made to classic center employees with

Part III Line 4D

Financial hardships due to covid-19 pandemic

Part III Line 4D

Expenses: $167971.00 including grants of: $0.00 Revenue: $0.00

Part III Line 4D

Program services not specifically allocated to individual projects

Part III Line 4D

Expenses: $109807.00 including grants of: $0.00 Revenue: $118022.00

Part III Line 4D

Cultural trips to see shows and give input on the operations

Part III Line 4D

Of the classic center of athens, ga

Raw XML AppendixShowing 400 of 649 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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