Civic Intelligence

Charlotte County Art Guild Inc.

990 • Fiscal year 2015 • EIN 59-6192800

Jun 01, 2014 to May 31, 2015 • Filed on Oct 23, 2015

210 Maude StPunta Gorda, FL 33950

(941) 639-8810

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

29th percentile

-9.4%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$351,779

Down $36,470 (-9.4%) from 2014

Net Assets

Down

$345,469

Down $39,738 (-10%) from 2014

Liabilities

Up

$6,310

Up $3,268 (+107%) from 2014

Revenue

Down

$313,822

Down $65,629 (-17%) from 2014

Expenses

Up

$353,241

Up $7,237 (+2.1%) from 2014

Net Income

Down

-$39,419

Down $72,866 (-218%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $418,126Liabilities 2011: $22,754Net Assets 2011: $395,3722011Assets 2012: $394,100Liabilities 2012: $2,839Net Assets 2012: $391,2612012Assets 2013: $357,094Liabilities 2013: $5,333Net Assets 2013: $351,7612013Assets 2014: $388,249Liabilities 2014: $3,042Net Assets 2014: $385,2072014Assets 2015: $351,779Liabilities 2015: $6,310Net Assets 2015: $345,4692015Assets 2016: $356,149Liabilities 2016: $4,358Net Assets 2016: $351,7912016Assets 2017: $373,604Liabilities 2017: $7,864Net Assets 2017: $365,7402017Assets 2018: $395,733Liabilities 2018: $6,135Net Assets 2018: $389,5982018Assets 2019: $512,984Liabilities 2019: $11,126Net Assets 2019: $501,8582019Assets 2020: $640,201Liabilities 2020: $21,477Net Assets 2020: $618,7242020Assets 2021: $631,062Liabilities 2021: $55,360Net Assets 2021: $575,7022021Assets 2022: $704,070Liabilities 2022: $18,520Net Assets 2022: $685,5502022Assets 2023: $759,536Liabilities 2023: $14,990Net Assets 2023: $744,5462023Assets 2024: $746,762Liabilities 2024: $17,763Net Assets 2024: $728,9992024Assets 2025: $617,472Liabilities 2025: $24,616Net Assets 2025: $592,8562025

Highlighted filing

2015

Assets$351,779
Liabilities$6,310
Net Assets$345,469

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $388,4702011Expenses 2012: $382,4122012Expenses 2013: $348,5012013Revenue 2014: $379,451Expenses 2014: $346,004Net Income 2014: $33,4472014Revenue 2015: $313,822Expenses 2015: $353,241Net Income 2015: -$39,4192015Revenue 2016: $413,687Expenses 2016: $404,238Net Income 2016: $9,4492016Revenue 2017: $463,428Expenses 2017: $450,566Net Income 2017: $12,8622017Revenue 2018: $546,367Expenses 2018: $522,509Net Income 2018: $23,8582018Revenue 2019: $691,055Expenses 2019: $579,054Net Income 2019: $112,0012019Revenue 2020: $629,179Expenses 2020: $510,874Net Income 2020: $118,3052020Revenue 2021: $419,024Expenses 2021: $462,046Net Income 2021: -$43,0222021Revenue 2022: $719,021Expenses 2022: $649,986Net Income 2022: $69,0352022Revenue 2023: $669,421Expenses 2023: $610,424Net Income 2023: $58,9972023Revenue 2024: $694,199Expenses 2024: $709,746Net Income 2024: -$15,5472024Revenue 2025: $473,237Expenses 2025: $658,569Net Income 2025: -$185,3322025

Highlighted filing

2015

Revenue$313,822
Expenses$353,241
Net Income-$39,419
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Oct 23, 2015
Return Version
2014v5.0
Gross Receipts
$375,852
Mission and Program Overview

Mission

TO PROMOTE THE ARTS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$385,207$345,469▼ $39,738
Land, Buildings, and Equipment, Net$288,778$313,934▲ $25,156
Cash and Non-Interest-Bearing Accounts$99,471$37,845▼ $61,626
Total Assets$388,249$351,779▼ $36,470
Liabilities
Other Liabilities$2,652$3,407▲ $755
Accounts Payable and Accrued Expenses$390$2,903▲ $2,513
Total Liabilities$3,042$6,310▲ $3,268
Net Assets / Fund Balance
Total Net Assets Fund Balance$385,207$345,469▼ $39,738
Total Liabilities and Net Assets / Fund Balance$388,249$351,779▼ $36,470

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$194,624$382,198$576,822
Leasehold Improvements$119,194$55,893$175,087
Equipment$116$85,221$85,337
Other Land Buildings-$11,078$11,078
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jane PattonPresident
Bob WeizDirector
Bruce BaggeDirector
Ellen HarveyDirector
Frank SperryDirector
Jared YankwittDirector
Jim BeechDirector
Judy RothDirector
Mary CavanaghDirector
Patt BaconDirector
Sue TaylorDirector
Jane SpenserSecretary
Jolene ShongTreasurer
Nanette CristVP
Revenue and Support

Revenue Composition

Contributions and Grants
$92,281
Program Service Revenue
$156,330
Investment Income
$59
Other Revenue
$65,152
All Other Contributions
$31,522
Change in Net Assets
$-39,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$208,335
Salaries, Compensation, and Employee Benefits$144,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,744$33,581-$134,325
Occupancy$23,488$7,353-$30,841
Depreciation Depletion$19,727$2,229-$21,956
Office Expenses$9,482$8,019-$17,501
Insurance$15,642--$15,642
Payroll Taxes$10,510--$10,510
Advertising$9,777--$9,777
Other Expenses$1,730--$1,730
Fees for Services Accounting$619$206-$825
All Other Expenses$441--$441
Other Employee Benefits$71--$71
Total Functional Expenses$301,853$51,388$0$353,241
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$84,162
Fundraising Direct Expenses$31,862
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fine Arts Festi$39,194$39,194$14,431$24,763
Peace River Nat$38,284$38,284$16,804$21,480
Total Events$84,162$84,162$31,862$52,300
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Liabilities$3,217
Sales Tax Payable$190
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

Review is conducted by executive director & treasurer, copy to board members and approved by the president

Form 990, Page 6, Part VI, Line 12C

Board review executive director reviews and approves each request for reimbursement of expenses directly related to activities.

Form 990, Page 6, Part VI, Line 19

Available at office 210 maude st punta gorda fl 33950

Filing and Contact Details

Filer

Filer Name
Charlotte County Art Guild Inc
EIN
59-6192800
Phone
9416398810
Address
210 MAUDE ST, PUNTA GORDA, FL 33950

Signing Officer

Name
Jane Patton
Title
President
Phone
9416398810
Signed
2015-10-23

Organization Details

Formed
1985
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
225

Preparer

Firm
Strang Olsen & Lynch Cpas Pa
Address
334 W OLYMPIA AVENUE, PUNTA GORDA, FL 33950-4412
Preparer
Ronald L Olsen
Phone
9416390888
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

BALANCE ADJ 319

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW IS CONDUCTED BY EXECUTIVE DIRECTOR & TREASURER, COPY TO BOARD MEMBERS AND APPROVED BY THE PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEW EXECUTIVE DIRECTOR REVIEWS AND APPROVES EACH REQUEST FOR REIMBURSEMENT OF EXPENSES DIRECTLY RELATED TO ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE AT OFFICE 210 MAUDE ST PUNTA GORDA FL 33950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BALANCE ADJ 319
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt03042
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.17$0.25$5.93$4.73$6.59$1.85
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.47$0.18$7.29$6.94$7.10$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.60$0.15$7.45$6.69$6.10$0.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.04$0.19$6.86$7.19$6.50$0.69
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$0.55$5.76$4.19$4.62$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.21$6.19$6.29$5.11$1.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.11$5.02$6.91$5.79$1.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.06$3.90$5.46$5.23$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.08$3.66$4.63$4.51$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$0.04$3.52$4.14$4.04$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.52$0.06$3.45$3.14$3.53$0.39
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.03$3.85$3.79$3.46$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.05$3.52$3.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.03$3.91$3.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.23$3.95$3.88
Peer Organizations

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