Civic Intelligence

Charlotte County Art Guild Inc.

990 • Fiscal year 2016 • EIN 59-6192800

Jun 01, 2015 to May 31, 2016 • Filed on Aug 24, 2016

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

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.01x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

49th percentile

1.2%

Faster asset growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$356,149

Up $4,370 (+1.2%) from 2015

Net Assets

Up

$351,791

Up $6,322 (+1.8%) from 2015

Liabilities

Down

$4,358

Down $1,952 (-31%) from 2015

Revenue

Up

$413,687

Up $99,865 (+32%) from 2015

Expenses

Up

$404,238

Up $50,997 (+14%) from 2015

Net Income

Up

$9,449

Up $48,868 (+124%) from 2015

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

2016

Assets$356,149
Liabilities$4,358
Net Assets$351,791

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

2016

Revenue$413,687
Expenses$404,238
Net Income$9,449
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Aug 24, 2016
Return Version
2015v2.1
Gross Receipts
$481,462
Mission and Program Overview

Mission

TO PROMOTE THE ARTS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$345,469$351,791▲ $6,322
Land, Buildings, and Equipment, Net$313,934$320,519▲ $6,585
Cash and Non-Interest-Bearing Accounts$37,845$35,630▼ $2,215
Total Assets$351,779$356,149▲ $4,370
Liabilities
Other Liabilities$3,407$4,004▲ $597
Accounts Payable and Accrued Expenses$2,903$354▼ $2,549
Total Liabilities$6,310$4,358▼ $1,952
Net Assets / Fund Balance
Total Net Assets Fund Balance$345,469$351,791▲ $6,322
Total Liabilities and Net Assets / Fund Balance$351,779$356,149▲ $4,370

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$183,661$393,161$576,822
Leasehold Improvements$118,957$75,674$194,631
Equipment$15,976$96,982$112,958
Other Land Buildings$1,925$8,326$10,251
Compensation and Service Providers

Board Members and Trustees

NameTitle
Constance RobisonPresident
Bob WeitzDirector
Bruce BaggeDirector
Ellen HarveyDirector
Jim BeechDirector
Judi RothDirector
Mary CavanaghDirector
Patt BaconDirector
Steve StrunkDirector
Sue TaylorDirector
Nanette CristSec
Jolene ShongTreasurer
Alexia MartinVP
Revenue and Support

Revenue Composition

Contributions and Grants
$170,989
Program Service Revenue
$186,971
Investment Income
$64
Other Revenue
$55,663
All Other Contributions
$86,094
Change in Net Assets
$9,449
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,257
Salaries, Compensation, and Employee Benefits$134,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$93,989$31,330-$125,319
Depreciation Depletion$52,078$2,217-$54,295
Occupancy$20,146$6,305-$26,451
Office Expenses$10,670$10,117-$20,787
Insurance$20,087--$20,087
Payroll Taxes$9,662--$9,662
Advertising$6,746--$6,746
Other Expenses$1,605--$1,605
All Other Expenses$1,471--$1,471
Fees for Services Accounting$673$225-$898
Total Functional Expenses$354,044$50,194$0$404,238
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$89,569
Fundraising Direct Expenses$44,257
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
National Art Ex$38,674$38,674$21,344$17,330
Misc Fundraisin$27,004$27,004$7,295$19,709
Total Events$89,569$89,569$44,257$45,312
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$3,842
Sales Tax Payable$162
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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
Constance Robison
Title
President
Phone
9416398810
Signed
2016-08-24

Organization Details

Principal Officer
Janet Watermeier
Formed
1985
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
9
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

Asset disposal adj -3,127 total -3,127

Raw XML AppendixShowing 400 of 453 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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IRS990ScheduleD/EquipmentGrp/DepreciationAmt096982
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER CURRENT LIABILITIES
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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/ExplanationTxt3ASSET DISPOSAL ADJ -3,127 TOTAL -3,127
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/TotalEmployeeCnt09

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
2016Detailed filing. Detailed filing data is available for this year.$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