Civic Intelligence

Henegar Performing Arts Center Inc.

990 • Fiscal year 2015 • EIN 59-2306612

Oct 01, 2014 to Sep 30, 2015 • Filed on Dec 21, 2015

625 East New Haven AvenueMelbourne, FL 32901

(321) 723-8698

Siviq Scores

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

Liabilities / Assets

64th percentile

0.24x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

1.03x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

19th percentile

-6.0%

Faster asset growth than 19% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,551,495

Down $99,405 (-6.0%) from 2014

Net Assets

Down

$1,176,361

Down $61,035 (-4.9%) from 2014

Liabilities

Down

$375,134

Down $38,370 (-9.3%) from 2014

Revenue

Up

$363,699

Up $41,093 (+13%) from 2014

Expenses

Up

$424,734

Up $10,948 (+2.6%) from 2014

Net Income

Up

-$61,035

Up $30,145 (+33%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,640,429Liabilities 2011: $342,491Net Assets 2011: $1,297,9382011Assets 2012: $1,710,970Liabilities 2012: $361,160Net Assets 2012: $1,349,8102012Assets 2013: $1,693,189Liabilities 2013: $362,511Net Assets 2013: $1,330,6782013Assets 2014: $1,650,900Liabilities 2014: $413,504Net Assets 2014: $1,237,3962014Assets 2015: $1,551,495Liabilities 2015: $375,134Net Assets 2015: $1,176,3612015Assets 2016: $2,063,217Liabilities 2016: $127,933Net Assets 2016: $1,935,2842016Assets 2017: $1,988,069Liabilities 2017: $145,170Net Assets 2017: $1,842,8992017Assets 2018: $1,890,392Liabilities 2018: $203,947Net Assets 2018: $1,686,4452018Assets 2019: $1,934,075Liabilities 2019: $197,471Net Assets 2019: $1,736,6042019Assets 2020: $2,018,988Liabilities 2020: $283,548Net Assets 2020: $1,735,4402020Assets 2021: $2,125,754Liabilities 2021: $532,721Net Assets 2021: $1,593,0332021Assets 2022: $2,769,843Liabilities 2022: $812,377Net Assets 2022: $1,957,4662022Assets 2023: $3,618,918Liabilities 2023: $1,318,021Net Assets 2023: $2,300,8972023Assets 2024: $3,850,364Liabilities 2024: $1,507,574Net Assets 2024: $2,342,7902024Assets 2025: $3,916,251Liabilities 2025: $1,516,484Net Assets 2025: $2,399,7672025

Highlighted filing

2015

Assets$1,551,495
Liabilities$375,134
Net Assets$1,176,361

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $261,631Expenses 2011: $303,946Net Income 2011: -$42,3152011Revenue 2012: $481,102Expenses 2012: $439,191Net Income 2012: $41,9112012Expenses 2013: $381,5032013Revenue 2014: $322,606Expenses 2014: $413,786Net Income 2014: -$91,1802014Revenue 2015: $363,699Expenses 2015: $424,734Net Income 2015: -$61,0352015Revenue 2016: $793,879Expenses 2016: $552,105Net Income 2016: $241,7742016Revenue 2017: $536,301Expenses 2017: $628,610Net Income 2017: -$92,3092017Revenue 2018: $502,285Expenses 2018: $658,736Net Income 2018: -$156,4512018Revenue 2019: $416,792Expenses 2019: $366,633Net Income 2019: $50,1592019Revenue 2020: $927,355Expenses 2020: $950,678Net Income 2020: -$23,3232020Revenue 2021: $849,688Expenses 2021: $996,266Net Income 2021: -$146,5782021Revenue 2022: $1,580,932Expenses 2022: $1,216,499Net Income 2022: $364,4332022Revenue 2023: $1,874,162Expenses 2023: $1,530,731Net Income 2023: $343,4312023Revenue 2024: $1,825,318Expenses 2024: $1,795,630Net Income 2024: $29,6882024Revenue 2025: $2,177,504Expenses 2025: $2,120,424Net Income 2025: $57,0802025

Highlighted filing

2015

Revenue$363,699
Expenses$424,734
Net Income-$61,035
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Dec 21, 2015
Return Version
2014v6.0
Gross Receipts
$697,821
Mission and Program Overview

Mission

Operation of the former ruth henegar school building for use by cultural chartiable and other not for profit community organization

Operation of center for the arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,629,666$1,541,557▼ $88,109
Rtn Earn Endowment Incm Other Fnds$1,237,396$1,176,361▼ $61,035
Loans From Officers Directors$51,001$42,001▼ $9,000
Cash and Non-Interest-Bearing Accounts$20,617$8,575▼ $12,042
Total Assets$1,650,900$1,551,495▼ $99,405
Other Assets Total$617$1,363▲ $746
Liabilities
Mortgage Notes Payable Secured by Investment Property$289,510$279,486▼ $10,024
Unsecured Notes Loans Payable$45,400$49,725▲ $4,325
Deferred Revenue$24,000--
Accounts Payable and Accrued Expenses$3,593$3,922▲ $329
Total Liabilities$413,504$375,134▼ $38,370
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,237,396$1,176,361▼ $61,035
Total Liabilities and Net Assets / Fund Balance$1,650,900$1,551,495▼ $99,405

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,520,940$1,588,899-
Other Land Buildings-$7,932-
Equipment$20,617$137,712-
Other Assets Org$617--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$137,986
Program Service Revenue
$44,948
Investment Income
$0
Other Revenue
$180,765
Change in Net Assets
$-61,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,257
Salaries, Compensation, and Employee Benefits$143,477
Total Fundraising Expense$19,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,972$31,776$6,355$127,103
Depreciation Depletion$88,109--$88,109
Occupancy$71,868$3,906$2,343$78,117
Interest$14,521$781$312$15,614
Insurance$13,406$729$437$14,572
All Other Expenses$6,117$3,058$3,058$12,233
Payroll Taxes$8,063$2,880$575$11,518
Fees for Services Accounting-$11,222-$11,222
Advertising$5,392-$3,257$8,649
Other Expenses$6,594$358$215$7,167
Office Expenses$3,350$1,675$1,675$6,700
Other Employee Benefits$3,399$1,214$243$4,856
Total Functional Expenses$344,938$59,841$19,955$424,734
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$504,131
Fundraising Direct Expenses$334,122
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Total Events$504,131$504,131$334,122$170,009
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$51,001$42,001▼ $9,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 has been presented to the Board of Directors.

CEO executive director top management comp Part VI line 15A

Executive director compensation established by the Board of Directors.

Other officer or key employee compensation Part VI line 15B

No officers other than Executive Directors receive compensation.

Governing documents etc available to public Part VI line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Brevard Regional Arts Group Inc
EIN
59-2306612
Address
625 EAST NEW HAVEN AVENUE, MELBOURNE, FL 32901

Signing Officer

Name
Wendy Brandon
Title
Treasurer
Phone
3217238698
Signed
2015-12-21
Discuss with paid preparer
No

Organization Details

Principal Officer
Steve Spragins
Formed
1983
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
800

Preparer

Firm
Forensic Accounting Services of Fl
Address
1280 HWY 1, MALABAR, FL 32950
Preparer
James J Milucky CPA
Phone
3217220882
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Adjustments to payroll tax liabilites for prior periods

Raw XML AppendixShowing 400 of 516 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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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OccupancyGrp/FundraisingAmt02343
IRS990/OccupancyGrp/ManagementAndGeneralAmt03906
IRS990/OccupancyGrp/ProgramServicesAmt071868
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IRS990/OfficeExpensesGrp/FundraisingAmt01675
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IRS990/OtherAssetsTotalGrp/BOYAmt0617
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0243
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01214
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03399
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04856
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/Desc1PHONE
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt01003
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IRS990/OtherExpensesGrp/FundraisingAmt2348
IRS990/OtherExpensesGrp/FundraisingAmt3215
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IRS990/OtherExpensesGrp/ProgramServicesAmt2299
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088972
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/ProgramServicesAmt08063
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IRS990/PrincipalOfficerNm0STEVE SPRAGINS
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IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0146832
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0264677
IRS990/PYOtherRevenueAmt0121588
IRS990/PYProgramServiceRevenueAmt054186
IRS990/PYRevenuesLessExpensesAmt0-91180
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IRS990/ReconcilationRevenueExpnssAmt0-61035
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01237396
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01176361
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0162718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0271208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101735
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0711
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0990
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt015294
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.99000
IRS990ScheduleA/PublicSupportTotal170Amt0785111
IRS990ScheduleA/SubstantialContributorsTotAmt035368
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0137986
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146832
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0271208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0101735
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0820479
IRS990ScheduleA/TotalSupportAmt0835773
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01520940
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01588899
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03109839
IRS990ScheduleD/EquipmentGrp/BookValueAmt020617
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0137712
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0158329
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0746
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1617
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Employee Advance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Undeposited funds
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07932
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt07932

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.92$1.52$2.40$2.18$2.12$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.85$1.51$2.34$1.83$1.80$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.62$1.32$2.30$1.87$1.53$0.34
2022Detailed filing. Detailed filing data is available for this year.$2.77$0.81$1.96$1.58$1.22$0.36
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.53$1.59$0.85$1.00$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.02$0.28$1.74$0.93$0.95$0.02
2019Summary only. Only limited summary data is available for this year.$1.93$0.20$1.74$0.42$0.37$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.89$0.20$1.69$0.50$0.66$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.99$0.15$1.84$0.54$0.63$0.09
2016Summary only. Only limited summary data is available for this year.$2.06$0.13$1.94$0.79$0.55$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.38$1.18$0.36$0.42$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.65$0.41$1.24$0.32$0.41$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.36$1.33$0.38
2012Summary only. Only limited summary data is available for this year.$1.71$0.36$1.35$0.48$0.44$0.04
2011Summary only. Only limited summary data is available for this year.$1.64$0.34$1.30$0.26$0.30$0.04