Civic Intelligence

Beaches Fine Arts Series Inc.

990 • Fiscal year 2019 • EIN 59-2989136

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 10, 2020

416 12th Avenue NorthJacksonville Beach, FL 32250

(904) 270-1771

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$60,255

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 23.1% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

50th percentile

2.0%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

5.4%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$323,595

Up $6,261 (+2.0%) from 2018

Net Assets

Up

$323,595

Up $6,261 (+2.0%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$260,691

Up $13,442 (+5.4%) from 2018

Expenses

Up

$254,430

Up $7,382 (+3.0%) from 2018

Net Income

Up

$6,261

Up $6,060 (+3015%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $281,115Liabilities 2011: $16,633Net Assets 2011: $264,4822011Assets 2012: $228,361Liabilities 2012: $20,677Net Assets 2012: $207,6842012Assets 2013: $220,076Liabilities 2013: $105Net Assets 2013: $219,9712013Assets 2014: $217,040Liabilities 2014: $104Net Assets 2014: $216,9362014Assets 2015: $266,772Liabilities 2015: $104Net Assets 2015: $266,6682015Assets 2016: $309,875Liabilities 2016: $149Net Assets 2016: $309,7262016Assets 2017: $317,133Liabilities 2017: $0Net Assets 2017: $317,1332017Assets 2018: $317,334Liabilities 2018: $0Net Assets 2018: $317,3342018Assets 2019: $323,595Liabilities 2019: $0Net Assets 2019: $323,5952019Assets 2020: $379,288Liabilities 2020: $54,320Net Assets 2020: $324,9682020Assets 2021: $342,619Liabilities 2021: $0Net Assets 2021: $342,6192021Assets 2022: $353,316Liabilities 2022: $0Net Assets 2022: $353,3162022Assets 2023: $371,916Liabilities 2023: $4,545Net Assets 2023: $367,3712023Assets 2024: $387,331Liabilities 2024: $8,001Net Assets 2024: $379,3302024Assets 2025: $383,177Liabilities 2025: $1,363Net Assets 2025: $381,8142025

Highlighted filing

2019

Assets$323,595
Liabilities$0
Net Assets$323,595

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $397,5772011Expenses 2012: $246,8972012Revenue 2013: $102,364Expenses 2013: $36,743Net Income 2013: $65,6212013Revenue 2014: $205,994Expenses 2014: $209,029Net Income 2014: -$3,0352014Revenue 2015: $281,197Expenses 2015: $231,465Net Income 2015: $49,7322015Revenue 2016: $264,525Expenses 2016: $221,466Net Income 2016: $43,0592016Revenue 2017: $258,078Expenses 2017: $250,671Net Income 2017: $7,4072017Revenue 2018: $247,249Expenses 2018: $247,048Net Income 2018: $2012018Revenue 2019: $260,691Expenses 2019: $254,430Net Income 2019: $6,2612019Revenue 2020: $230,937Expenses 2020: $229,564Net Income 2020: $1,3732020Revenue 2021: $301,320Expenses 2021: $283,669Net Income 2021: $17,6512021Revenue 2022: $364,667Expenses 2022: $353,970Net Income 2022: $10,6972022Revenue 2023: $399,490Expenses 2023: $385,435Net Income 2023: $14,0552023Revenue 2024: $435,066Expenses 2024: $423,107Net Income 2024: $11,9592024Revenue 2025: $401,211Expenses 2025: $398,727Net Income 2025: $2,4842025

Highlighted filing

2019

Revenue$260,691
Expenses$254,430
Net Income$6,261
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 10, 2020
Return Version
2018v3.1
Gross Receipts
$296,649
Mission and Program Overview

Mission

To enrich our communities by sharing the transforming power of music and art, free to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$154,387$154,696▲ $309
Cash and Non-Interest-Bearing Accounts$151,405$150,905▼ $500
Accounts Receivable$4,931$9,299▲ $4,368
Prepaid Expenses and Deferred Charges$2,500$6,000▲ $3,500
Land, Buildings, and Equipment, Net$4,111$2,695▼ $1,416
Total Assets$317,334$323,595▲ $6,261
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$317,334$323,595▲ $6,261
Total Net Assets Fund Balance$317,334$323,595▲ $6,261
Total Liabilities and Net Assets / Fund Balance$317,334$323,595▲ $6,261

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,695$31,042$33,737
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathryn WallisExecutive DirectorFT$60,255$60,255

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$166,300
Program Service Revenue
$0
Investment Income
$161
Other Revenue
$94,230
All Other Contributions
$125,788
Change in Net Assets
$6,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,898
Salaries, Compensation, and Employee Benefits$117,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$83,572$3,321-$83,572
Current Officers, Directors, Trustees, and Key Employees$60,255--$60,255
Other Salaries and Wages$24,463$24,462-$48,925
Advertising$8,990--$8,990
Payroll Taxes$6,481$1,871-$8,352
All Other Expenses-$5,355-$5,355
Occupancy$1,995$2,993-$4,988
Insurance$2,999$923-$3,922
Travel$3,286$173-$3,459
Fees for Services Accounting-$3,005-$3,005
Depreciation Depletion$1,062$354-$1,416
Total Functional Expenses$207,717$46,713$0$254,430
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$130,188
Fundraising Direct Expenses$35,958
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event$130,188$130,188$35,958$94,230
Total Events$130,188$130,188$35,958$94,230
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

The form 990 is reviewed by officers and staff.

Conflict of interest policy compliance Part VI line 12C

The organizations bylaws contain a detailed conflict of interest policy.

Governing documents etc available to public Part VI line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Beaches Fine Arts Series
EIN
59-2989136
Address
416 12TH AVENUE NORTH, JACKSONVILLE BEACH, FL 32250

Signing Officer

Name
Kathryn Wallis
Title
Executive Direc
Phone
9042701771
Signed
2020-02-10
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Fl
Voting Board Members
17
Independent Board Members
16
Employees
2
Volunteers
100

Preparer

Firm
The McInnis Company CPAs PL
Address
3955 Riverside Avenue, Jacksonville, FL 32205
Preparer
Susan B McInnis CPA
Phone
9046448227
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Artist costs on line 24d include the following expenses:artist fees $64,150artists lodging $13,439artists meals $5,983please see attached statements for detail of items included in line 24e

General explanation attachment

Organizations mission and significant activitiesto enrich our communities by sharing the transforming power of music and art, free to all.beaches fine arts series exists to promote and enhance the cultural life of all the people of floridas first coast by presenting an annual series of outstanding musical, theatrical, and dance performances and exhibits of visual art; by supporting educational outreach activities that encourage participation in and appreciation of the fine arts; and by nurturing emerging artists.

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IRS990/Desc0PROVIDE TO THE PUBLIC, FREE OF CHARGE, PERFORMANCES OF MUSIC, DRAMA AND DANCE BY A VARIETY OF ARTISTS. EACH EVENT IS COUPLED WITH A VISUAL ARTS EXHIBIT AND FOLLOWED BY A RECEPTION HOSTED BY COMMUNITY ORGANIZATIONS. THE VISUAL ARTS EXHIBITS FEATURE LOCAL AND REGIONAL ARTISTS. THE PERFORMING ARTS EVENTS INCLUDE LOCAL, STATE, REGIONAL, NATIONAL, AND INTERNATIONAL MUSICIANS, DANCERS, AND ACTORS. AVERAGE ATTENDANCE IS 480. EDUCATIONAL OUTREACH PROGRAMS TO LOCAL YOUTH PROVIDE ACCESS TO ARTISTS FROM ALL OVER THE WORLD BY PRESENTING PERFORMERS IN SPECIALLY TAILORED CONCERTS, WORKSHOPS, AND MASTER CLASSES.
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IRS990/MissionDesc0TO ENRICH OUR COMMUNITIES BY SHARING THE TRANSFORMING POWER OF MUSIC AND ART, FREE TO ALL.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OccupancyGrp/ProgramServicesAmt01995
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INSTRUMENT MAINTENANCE
IRS990/OtherExpensesGrp/Desc1STATIONERY & SUPPLIES
IRS990/OtherExpensesGrp/Desc2PRINTING COSTS
IRS990/OtherExpensesGrp/Desc3ARTIST COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04256
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13321
IRS990/OtherExpensesGrp/ProgramServicesAmt07000
IRS990/OtherExpensesGrp/ProgramServicesAmt17614
IRS990/OtherExpensesGrp/ProgramServicesAmt283572
IRS990/OtherExpensesGrp/TotalAmt07000
IRS990/OtherExpensesGrp/TotalAmt14256
IRS990/OtherExpensesGrp/TotalAmt210935
IRS990/OtherExpensesGrp/TotalAmt383572
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024462
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024463
IRS990/OtherSalariesAndWagesGrp/TotalAmt048925
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01871
IRS990/PayrollTaxesGrp/ProgramServicesAmt06481
IRS990/PayrollTaxesGrp/TotalAmt08352
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06000
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IRS990/PYInvestmentIncomeAmt0172
IRS990/PYOtherExpensesAmt0132939
IRS990/PYOtherRevenueAmt047958
IRS990/PYRevenuesLessExpensesAmt0201
IRS990/PYSalariesCompEmpBnftPaidAmt0114109
IRS990/PYTotalExpensesAmt0247048
IRS990/PYTotalRevenueAmt0247249
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt06261
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0154387
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0154696
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0152859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0199995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0893193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0791
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70980
IRS990ScheduleA/PublicSupportPY170Pct00.76560
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IRS990ScheduleA/SubstantialContributorsTotAmt0258620
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0174800
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0152859
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0893193
IRS990ScheduleA/TotalSupportAmt0893984
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt031042
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt02695
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0EVENT
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0130188
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0130188
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt035958
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt035958
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY OFFICERS AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS BYLAWS CONTAIN A DETAILED CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTIST COSTS ON LINE 24D INCLUDE THE FOLLOWING EXPENSES:ARTIST FEES $64,150ARTISTS LODGING $13,439ARTISTS MEALS $5,983PLEASE SEE ATTACHED STATEMENTS FOR DETAIL OF ITEMS INCLUDED IN LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATIONS MISSION AND SIGNIFICANT ACTIVITIESTO ENRICH OUR COMMUNITIES BY SHARING THE TRANSFORMING POWER OF MUSIC AND ART, FREE TO ALL.BEACHES FINE ARTS SERIES EXISTS TO PROMOTE AND ENHANCE THE CULTURAL LIFE OF ALL THE PEOPLE OF FLORIDAS FIRST COAST BY PRESENTING AN ANNUAL SERIES OF OUTSTANDING MUSICAL, THEATRICAL, AND DANCE PERFORMANCES AND EXHIBITS OF VISUAL ART; BY SUPPORTING EDUCATIONAL OUTREACH ACTIVITIES THAT ENCOURAGE PARTICIPATION IN AND APPRECIATION OF THE FINE ARTS; AND BY NURTURING EMERGING ARTISTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4General explanation attachment
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0317334
IRS990/TotalAssetsEOYAmt0323595
IRS990/TotalAssetsGrp/BOYAmt0317334
IRS990/TotalAssetsGrp/EOYAmt0323595
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.83$0.01$3.82$4.01$3.99$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.87$0.08$3.79$4.35$4.23$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.72$0.05$3.67$3.99$3.85$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$3.65$3.54$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.00$3.43$3.01$2.84$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.79$0.54$3.25$2.31$2.30$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$2.61$2.54$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$2.47$2.47$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$2.58$2.51$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$2.65$2.21$0.43
2015Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$2.81$2.31$0.50
2014Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$2.06$2.09$0.03
2013Summary only. Only limited summary data is available for this year.$2.20$0.00$2.20$1.02$0.37$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.21$2.08$2.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.17$2.64$3.98