Civic Intelligence

Lagrange Art Museum Inc.

990 • Fiscal year 2019 • EIN 58-6045805

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 25, 2020

112 Lafayette ParkwayLagrange, GA 30240

(706) 882-3267

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.17x

Higher debt load relative to assets than 62% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.48x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$67,500

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

49th percentile

2.5%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-11%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,437,586

Up $35,111 (+2.5%) from 2018

Net Assets

Up

$1,191,144

Up $61,901 (+5.5%) from 2018

Liabilities

Down

$246,442

Down $26,790 (-9.8%) from 2018

Revenue

Down

$512,223

Down $60,106 (-11%) from 2018

Expenses

Down

$456,028

Down $27,507 (-5.7%) from 2018

Net Income

Down

$56,195

Down $32,599 (-37%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,003,111Liabilities 2010: $199,104Net Assets 2010: $804,0072010Assets 2011: $985,950Liabilities 2011: $242,875Net Assets 2011: $743,0752011Assets 2012: $942,655Liabilities 2012: $235,915Net Assets 2012: $706,7402012Assets 2013: $942,269Liabilities 2013: $272,083Net Assets 2013: $670,1862013Assets 2014: $1,353,397Liabilities 2014: $299,486Net Assets 2014: $1,053,9112014Assets 2015: $1,352,812Liabilities 2015: $325,620Net Assets 2015: $1,027,1922015Assets 2016: $1,344,972Liabilities 2016: $299,741Net Assets 2016: $1,045,2312016Assets 2017: $1,301,716Liabilities 2017: $291,302Net Assets 2017: $1,010,4142017Assets 2018: $1,402,475Liabilities 2018: $273,232Net Assets 2018: $1,129,2432018Assets 2019: $1,437,586Liabilities 2019: $246,442Net Assets 2019: $1,191,1442019Assets 2020: $1,470,005Liabilities 2020: $265,105Net Assets 2020: $1,204,9002020Assets 2021: $1,434,948Liabilities 2021: $215,306Net Assets 2021: $1,219,6422021Assets 2022: $1,403,784Liabilities 2022: $191,176Net Assets 2022: $1,212,6082022Assets 2023: $1,423,766Liabilities 2023: $170,313Net Assets 2023: $1,253,4532023Assets 2024: $1,384,462Liabilities 2024: $158,883Net Assets 2024: $1,225,5792024

Highlighted filing

2019

Assets$1,437,586
Liabilities$246,442
Net Assets$1,191,144

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $429,5242010Revenue 2011: $363,072Expenses 2011: $416,486Net Income 2011: -$53,4142011Revenue 2012: $313,599Expenses 2012: $335,976Net Income 2012: -$22,3772012Revenue 2013: $337,419Expenses 2013: $376,931Net Income 2013: -$39,5122013Revenue 2014: $759,199Expenses 2014: $376,583Net Income 2014: $382,6162014Revenue 2015: $426,850Expenses 2015: $452,246Net Income 2015: -$25,3962015Revenue 2016: $369,144Expenses 2016: $353,448Net Income 2016: $15,6962016Revenue 2017: $319,684Expenses 2017: $362,056Net Income 2017: -$42,3722017Revenue 2018: $572,329Expenses 2018: $483,535Net Income 2018: $88,7942018Revenue 2019: $512,223Expenses 2019: $456,028Net Income 2019: $56,1952019Revenue 2020: $446,419Expenses 2020: $437,713Net Income 2020: $8,7062020Revenue 2021: $721,879Expenses 2021: $716,796Net Income 2021: $5,0832021Revenue 2022: $530,908Expenses 2022: $530,702Net Income 2022: $2062022Revenue 2023: $493,622Expenses 2023: $459,789Net Income 2023: $33,8332023Revenue 2024: $422,931Expenses 2024: $458,279Net Income 2024: -$35,3482024

Highlighted filing

2019

Revenue$512,223
Expenses$456,028
Net Income$56,195
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 25, 2020
Return Version
2019v5.0
Gross Receipts
$532,301
Mission and Program Overview

Mission

To provide cultural enhancement to the local community through art, to conduct art classes, and to administer special projects in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$928,657$922,837▼ $5,820
Cash and Non-Interest-Bearing Accounts$10,522$47,420▲ $36,898
Pledges and Grants Receivable$22,000$13,500▼ $8,500
Accounts Receivable$1,900$2,550▲ $650
Prepaid Expenses and Deferred Charges$2,296$1,700▼ $596
Total Assets$1,402,475$1,437,586▲ $35,111
Other Assets Total$437,100$449,579▲ $12,479
Liabilities
Mortgage Notes Payable Secured by Investment Property$256,847$240,464▼ $16,383
Accounts Payable and Accrued Expenses$15,376$5,768▼ $9,608
Deferred Revenue$1,009$210▼ $799
Total Liabilities$273,232$246,442▼ $26,790
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$665,086$703,263▲ $38,177
Net Assets With Donor Restrictions$464,157$487,881▲ $23,724
Total Net Assets Fund Balance$1,129,243$1,191,144▲ $61,901
Total Liabilities and Net Assets / Fund Balance$1,402,475$1,437,586▲ $35,111

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$291,222$954,386$1,245,608
Leasehold Improvements$501,351$186,523$687,874
Equipment$29,864$126,204$156,068
Land$100,400-$100,400
Other Assets Org$47,433--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$38,454$5,000▲ $6,117$1,729$47,433
2018$42,179-▼ $1,540$1,760$38,454
2017$36,719-▲ $5,555$1,707$42,179
2016$36,455-▲ $2,343$1,710$36,719
2015$37,864$2,000▼ $1,419$1,702$36,455
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura JenningsExecutive DiFT$67,500$67,500

Board Members and Trustees

NameTitle
Ethyl L AultPresident
April PrichardBoard Member
Brent BrownBoard Member
Connie BoccucciBoard Member
David LockBoard Member
Gene CarballoBoard Member
Joyce Ellis-johnsonBoard Member
Kenneth WorthingtonBoard Member
Lynn MorganBoard Member
Martha Hudson RothwellBoard Member
Mary HigginsBoard Member
Michael HutchesonBoard Member
Michael McfallsBoard Member
Nanci LechaczBoard Member
Al Brannon1st Vice Pre
Holly Winner2nd Vice Pre
Sandy LeeMember at La
Jenni SampsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$422,219
Program Service Revenue
$75,473
Investment Income
$2
Other Revenue
$14,529
All Other Contributions
$422,219
Change in Net Assets
$56,195

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 Table1$82,620Comparable Costs
Other Non Cash Contri Table1$5,000Typical Fee
Other Non Cash Contri Table1$3,872Comparable Costs
Works of Art1$3,500Appraisal
Other Non Cash Contri Table1$1,934Various
Total Noncash Contributions5$96,926-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$317,435
Salaries, Compensation, and Employee Benefits$138,593
Total Fundraising Expense$40,998
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,773$50,790$36,346$127,909
Occupancy$112,918$4,943-$117,861
Depreciation Depletion$35,602$5,759-$41,361
All Other Expenses$16,287$9,515-$25,802
Insurance-$16,784-$16,784
Interest-$16,166-$16,166
Fees for Services Accounting-$13,732-$13,732
Other Expenses$5,223$6,281-$11,504
Payroll Taxes$4,784$2,950$2,950$10,684
Office Expenses$921$7,347-$8,268
Conferences and Meetings-$1,952$1,702$3,654
Travel$1,722$1,216-$2,938
Advertising$26$2,174-$2,200
Information Technology-$1,167-$1,167
Total Functional Expenses$254,254$160,776$40,998$456,028
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,963
Fundraising Direct Expenses$20,078
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art in Bloom$33,928$33,928$19,726$14,202
Total Events$33,928$33,928$19,726$14,202
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
Backup withholding compliance
No
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
No
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 11B

Return is offered for review, comment, and/or approval by board of directors before filing.

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

A review of similarly situated organizations was conducted and used in comparison to the performance of selected personnel to establish appropriate compensation.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Lagrange Art Museum Inc
EIN
58-6045805
Phone
7068823267
Address
112 LAFAYETTE PARKWAY, LAGRANGE, GA 30240

Signing Officer

Name
Ethyl L Ault
Title
President
Phone
7068823267
Signed
2020-06-25

Organization Details

Principal Officer
Ethyl L Ault
Formed
1966
Legal Domicile
Ga
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
80

Preparer

Firm
Gay & Joseph CPA Pc
Address
201 CHURCH STREET, LAGRANGE, GA 30240-2711
Preparer
Wesley E Long Jr CPA
Phone
7068847331
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
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IRS990/MissionDesc0TO PROVIDE CULTURAL ENHANCEMENT TO THE LOCAL COMMUNITY THROUGH ART, TO CONDUCT ART CLASSES, AND TO ADMINISTER SPECIAL PROJECTS IN THE COMMUNITY.
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt013885
IRS990/NetUnrlzdGainsLossesInvstAmt06117
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0665086
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IRS990/NoncashContributionsAmt096926
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IRS990/OccupancyGrp/ManagementAndGeneralAmt04943
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IRS990/OccupancyGrp/TotalAmt0117861
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07347
IRS990/OfficeExpensesGrp/ProgramServicesAmt0921
IRS990/OfficeExpensesGrp/TotalAmt08268
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0437100
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IRS990/OtherExpensesGrp/Desc0STORAGE RENTAL
IRS990/OtherExpensesGrp/Desc1EXHIBITION FEES
IRS990/OtherExpensesGrp/Desc2DIRECTOR AND INSTRUCTORS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16281
IRS990/OtherExpensesGrp/ProgramServicesAmt019407
IRS990/OtherExpensesGrp/ProgramServicesAmt116591
IRS990/OtherExpensesGrp/ProgramServicesAmt25223
IRS990/OtherExpensesGrp/TotalAmt020000
IRS990/OtherExpensesGrp/TotalAmt119407
IRS990/OtherExpensesGrp/TotalAmt216591
IRS990/OtherExpensesGrp/TotalAmt311504
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0644
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0644
IRS990/OtherRevenueTotalAmt0644
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036346
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050790
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040773
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127909
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02950
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02950
IRS990/PayrollTaxesGrp/ProgramServicesAmt04784
IRS990/PayrollTaxesGrp/TotalAmt010684
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02296
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01700
IRS990/PrincipalOfficerNm0ETHYL L AULT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2EXHIBITION AND ARTIST FEES
IRS990/ProgramServiceRevenueGrp/Desc3FUNDRAISING
IRS990/ProgramServiceRevenueGrp/Desc4FACILITY RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033496
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123889
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214879
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41042
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123889
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214879
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41042
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION OUTREACH - THE MUSEUM SPONSORS ADULT AND CHILDREN ART CLASSES AND SUMMER CAMPS IN AN EFFORT TO EXPOSE THE COMMUNITY TO ART. THE ORGANIZATION HIRES INSTRUCTORS TO LEAD PARTICIPANTS THROUGH THE TECHNIQUES OF CREATING VARIOUS FORMS OF ART INCLUDING PAINTING, DRAWING, SCULPTURE, PHOTOGRAPHY, AND MIXED MEDIA. THE PROGRAM IS OPEN TO ADULTS AND CHILDREN. THERE WERE 1,058 PARTICIPANTS IN 2019.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0175921
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt033496
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0528962
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-53055
IRS990/PYOtherExpensesAmt0357056
IRS990/PYOtherRevenueAmt06394
IRS990/PYProgramServiceRevenueAmt090028
IRS990/PYRevenuesLessExpensesAmt088794
IRS990/PYSalariesCompEmpBnftPaidAmt0126479
IRS990/PYTotalExpensesAmt0483535
IRS990/PYTotalRevenueAmt0572329
IRS990/ReconcilationRevenueExpnssAmt056195
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt014879
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt05,435
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0325293
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0398044
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0247794
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0296428
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0334182
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt075473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt090028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt068168
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt078986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt092587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0405242
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt033963
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt023305
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.16$1.23$0.42$0.46$0.04
2023Summary only. Only limited summary data is available for this year.$1.42$0.17$1.25$0.49$0.46$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.19$1.21$0.53$0.53$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.22$1.22$0.72$0.72$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.27$1.20$0.45$0.44$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.25$1.19$0.51$0.46$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.27$1.13$0.57$0.48$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.29$1.01$0.32$0.36$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.30$1.05$0.37$0.35$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.33$1.03$0.43$0.45$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.30$1.05$0.76$0.38$0.38
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.27$0.67$0.34$0.38$0.04
2012Summary only. Only limited summary data is available for this year.$0.94$0.24$0.71$0.31$0.34$0.02
2011Summary only. Only limited summary data is available for this year.$0.99$0.24$0.74$0.36$0.42$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.20$0.80$0.43