Civic Intelligence

The Arts Council Inc & Affiliate

990 • Fiscal year 2017 • EIN 59-2015691

Oct 01, 2016 to Sep 30, 2017 • Filed on Jun 28, 2018

80 East Ocean BlvdStuart, FL 34994

(772) 287-6676

Siviq Scores

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

Liabilities / Assets

86th percentile

0.32x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

50th percentile

3.3%

Higher net margin than 50% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

94th percentile

178%

Faster asset growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$127,836

Up $81,889 (+178%) from 2016

Net Assets

Up

$87,180

Up $65,476 (+302%) from 2016

Liabilities

Up

$40,656

Up $16,413 (+68%) from 2016

Revenue

Up

$469,512

Up $50,483 (+12%) from 2016

Expenses

Up

$454,036

Up $33,890 (+8.1%) from 2016

Net Income

Up

$15,476

Up $16,593 (+1485%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $146,493Liabilities 2011: $39,119Net Assets 2011: $107,3742011Assets 2012: $145,556Liabilities 2012: $33,458Net Assets 2012: $112,0982012Assets 2013: $87,099Liabilities 2013: $30,968Net Assets 2013: $56,1312013Assets 2014: $41,770Liabilities 2014: $36,688Net Assets 2014: $5,0822014Assets 2015: $44,326Liabilities 2015: $21,505Net Assets 2015: $22,8212015Assets 2016: $45,947Liabilities 2016: $24,243Net Assets 2016: $21,7042016Assets 2017: $127,836Liabilities 2017: $40,656Net Assets 2017: $87,1802017Assets 2018: $136,364Liabilities 2018: $86,606Net Assets 2018: $49,7582018Assets 2019: $167,576Liabilities 2019: $108,429Net Assets 2019: $59,1472019Assets 2020: $161,360Liabilities 2020: $32,353Net Assets 2020: $129,0072020Assets 2021: $170,034Liabilities 2021: $54,535Net Assets 2021: $115,4992021Assets 2022: $137,744Liabilities 2022: $59,219Net Assets 2022: $78,5252022Assets 2023: $134,164Liabilities 2023: $24,805Net Assets 2023: $109,3592023Assets 2024: $132,621Liabilities 2024: $38,662Net Assets 2024: $93,9592024

Highlighted filing

2017

Assets$127,836
Liabilities$40,656
Net Assets$87,180

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $455,9472011Expenses 2012: $444,4402012Expenses 2013: $469,9582013Revenue 2014: $333,763Expenses 2014: $384,812Net Income 2014: -$51,0492014Revenue 2015: $380,625Expenses 2015: $362,886Net Income 2015: $17,7392015Revenue 2016: $419,029Expenses 2016: $420,146Net Income 2016: -$1,1172016Revenue 2017: $469,512Expenses 2017: $454,036Net Income 2017: $15,4762017Revenue 2018: $506,666Expenses 2018: $535,954Net Income 2018: -$29,2882018Revenue 2019: $512,908Expenses 2019: $503,519Net Income 2019: $9,3892019Revenue 2020: $286,768Expenses 2020: $216,908Net Income 2020: $69,8602020Revenue 2021: $321,162Expenses 2021: $334,670Net Income 2021: -$13,5082021Revenue 2022: $325,311Expenses 2022: $362,282Net Income 2022: -$36,9712022Revenue 2023: $420,800Expenses 2023: $385,709Net Income 2023: $35,0912023Revenue 2024: $398,339Expenses 2024: $413,739Net Income 2024: -$15,4002024

Highlighted filing

2017

Revenue$469,512
Expenses$454,036
Net Income$15,476
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jun 28, 2018
Return Version
2016v3.0
Gross Receipts
$469,512
Mission and Program Overview

Mission

To inspire participation and

To inspire participation and passion for the Arts of Martin County, Florida. Key programs include the Court House Cultural Center Galley, ArtsFest, The Marties, art education concerts and outreach to build an audience for all art forms in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$37,890$32,034▼ $5,856
Inventories for Sale or Use$2,999$2,999→ $0
Land, Buildings, and Equipment, Net$3,499$2,110▼ $1,389
Total Assets$45,947$127,836▲ $81,889
Other Assets Total$1,559$90,693▲ $89,134
Liabilities
Deferred Revenue$19,500$28,970▲ $9,470
Accounts Payable and Accrued Expenses$4,743$11,686▲ $6,943
Total Liabilities$24,243$40,656▲ $16,413
Net Assets / Fund Balance
Permanently Rstr Net Assets-$50,000-
Unrestricted Net Assets$17,601$29,641▲ $12,040
Temporarily Rstr Net Assets$4,103$7,539▲ $3,436
Total Net Assets Fund Balance$21,704$87,180▲ $65,476
Total Liabilities and Net Assets / Fund Balance$45,947$127,836▲ $81,889

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,110$17,820-
Leasehold Improvements-$74,059-
Other Assets Org$53,436--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016-$50,000▲ $3,436-$53,436
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$309,321
Program Service Revenue
$156,742
Investment Income
$3,449
Other Revenue
$0
All Other Contributions
$193,605
Change in Net Assets
$15,476

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art4$34,600Appraisal
Other Non Cash Contri Table7$27,678Fair Market Value (FMV)
Other Non Cash Contri Table3$14,525Fair Market Value (FMV)
Other Non Cash Contri Table12$14,400Fair Market Value (FMV)
Total Noncash Contributions26$91,203-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,947
Salaries, Compensation, and Employee Benefits$208,089
Total Fundraising Expense$14,321
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,153$32,919$12,138$193,210
All Other Expenses$45,503$15,604$0$61,107
Advertising$30,939$394$273$31,606
Information Technology$6,698$9,216$30$15,944
Payroll Taxes$11,459$2,529$891$14,879
Occupancy$2,307$10,911$0$13,218
Office Expenses$3,756$7,991$91$11,838
Fees for Services Accounting$2,900$5,000$0$7,900
Insurance$850$4,135$0$4,985
Travel$2,286$2,628$48$4,962
Other Expenses$185$3,461$0$3,646
Fees for Services Management$743$1,428$0$2,171
Depreciation Depletion$0$1,389$0$1,389
Total Functional Expenses$340,897$98,818$14,321$454,036
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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 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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Arts Council Inc
EIN
59-2015691
Phone
7722876676
Address
80 East Ocean Blvd, Stuart, FL 34994

Signing Officer

Name
Nancy Turrell
Title
Executive Director
Phone
7722876676
Signed
2018-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Turrell
Formed
1980
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
200

Preparer

Firm
Mark Brechbill PLLC
Address
215 S Federal Hwy Suite 200, Stuart, FL 34994
Preparer
Mark Brechbill
Phone
7722203380
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Members receive priority treatment for coming to events.

Pt VI, Line 7A

They elect the Board of Directors and approve certain actions of the Board.

Pt VI, Line 7B

The member ship approves certian actions by the Board.

Pt VI, Line 11B

The Board reviews the form 990 before filing the return.

Pt VI, Line 12C

Board members are required to disclose potential conflicts of interest as they occur.

Pt VI, Line 15A

The Board of Diectors determines the compensation of all employees based upon a comprehensive of local employement environment for compariable employers for like employees.

Pt VI, Line 15B

The Board reviews and approve compensation

Form 990, Part IX, Line 24E

Dues and Subscriptions 4504. 3300. 1204. 0.

Form 990, Part IX, Line 24E

In-kind Support 56603. 42203. 14400. 0.

Financial Statement Notes

Pt V, Line 4

The Arts Council has a beneficial interest in assets held by the Community Foundation.

Pt III, Line 4

The Council has Fine arts that were donanted during the year in the amount of $34,600.

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IRS990/OtherAssetsTotalGrp/BOYAmt01559
IRS990/OtherAssetsTotalGrp/EOYAmt090693
IRS990/OtherChangesInNetAssetsAmt050000
IRS990/OtherExpensesGrp/Desc0Artist fees, supplies and awards
IRS990/OtherExpensesGrp/Desc1Special Events
IRS990/OtherExpensesGrp/Desc2Bank Service Charges
IRS990/OtherExpensesGrp/Desc3Repairs and maintenance
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt2850
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21213
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33461
IRS990/OtherExpensesGrp/ProgramServicesAmt021215
IRS990/OtherExpensesGrp/ProgramServicesAmt163828
IRS990/OtherExpensesGrp/ProgramServicesAmt275
IRS990/OtherExpensesGrp/ProgramServicesAmt3185
IRS990/OtherExpensesGrp/TotalAmt021215
IRS990/OtherExpensesGrp/TotalAmt163828
IRS990/OtherExpensesGrp/TotalAmt22138
IRS990/OtherExpensesGrp/TotalAmt33646
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012138
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032919
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0148153
IRS990/OtherSalariesAndWagesGrp/TotalAmt0193210
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0891
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02529
IRS990/PayrollTaxesGrp/ProgramServicesAmt011459
IRS990/PayrollTaxesGrp/TotalAmt014879
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NANCY TURRELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/Desc0ArtsFest
IRS990/ProgramServiceRevenueGrp/Desc1Marties
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt129203
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PROMOTION OF THE ARTS IN MARTIN COUNTY, FLORIDA THROUGH GALLERY AND EDUCATIONAL PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0256577
IRS990/ProgSrvcAccomActy2Grp/GrantAmt075064
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0275907
IRS990/ProgSrvcAccomActy3Grp/Desc0THE MARTIES AWARDS, PRESENTED TO STUDENTS WITH A PROVEN RECORD OF ARTISTIC EXCELLENCE IN VARIOUS ARTS, OUTSTANDING CIVIC RESPONSIBILITY AND WHOSE LEADERSHIP HAS IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY THROUGH THE ARTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011636
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt029203
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0259228
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt0220141
IRS990/PYOtherRevenueAmt013107
IRS990/PYProgramServiceRevenueAmt0146688
IRS990/PYRevenuesLessExpensesAmt0-1117
IRS990/PYSalariesCompEmpBnftPaidAmt0200005
IRS990/PYTotalExpensesAmt0420146
IRS990/PYTotalRevenueAmt0419029
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt015476
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0127539
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037890
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032034
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0466013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0323555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0305728
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0270969
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0263366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01629631
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03449
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03571
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00.99780
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99320
IRS990ScheduleA/PublicSupportTotal170Amt01629631
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0466013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0323555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0305728
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0270969
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0263366
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01629631
IRS990ScheduleA/TotalSupportAmt01633202
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt034600
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt053436
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03436
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt074059
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt074059
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02657
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt134600
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt253436
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Prepaid Expenses
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Fine Arts Collection
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Beneficial interest in Assets held by Community Foudation
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02110
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017820
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt019930
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SolicitedAssetsSaleInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Arts Council has a beneficial interest in assets held by the Community Foundation.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Council has Fine arts that were donanted during the year in the amount of $34,600.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02110
IRS990ScheduleD/TotalBookValueOtherAssetsAmt090693
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt012
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt13
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt27

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.39$0.94$3.98$4.14$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.25$1.09$4.21$3.86$0.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.59$0.79$3.25$3.62$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.55$1.15$3.21$3.35$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.32$1.29$2.87$2.17$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$1.08$0.59$5.13$5.04$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.87$0.50$5.07$5.36$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.41$0.87$4.70$4.54$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.46$0.24$0.22$4.19$4.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.22$0.23$3.81$3.63$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.37$0.05$3.34$3.85$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.31$0.56$4.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.33$1.12$4.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.39$1.07$4.56