Civic Intelligence

Tullahoma Fine Arts Center Inc

EIN 62-0819564 • 501(c)3 • Tullahoma, TN

Profile

Cultural and Art Activities

925 N Washington StreetTullahoma, TN 37388

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.00x

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

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

Net Margin

30th percentile

-10%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

-6.1%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

38th percentile

-12%

Faster revenue growth than 38% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$108,060

Down $6,973 (-6.1%) from 2018

Liabilities

Down

$160

Down $1,358 (-89%) from 2018

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue64th percentileNet Margin30th percentile

Revenue

Down

$55,330

Down $7,530 (-12%) from 2018

Expenses

Down

$60,945

Down $19,183 (-24%) from 2018

Net Income

Up

-$5,615

Up $11,653 (+67%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $146,173Liabilities 2011: $15,007Net Assets 2011: $131,1662011Assets 2013: $122,583Liabilities 2013: $1,156Net Assets 2013: $121,4272013Assets 2014: $120,743Liabilities 2014: $2,791Net Assets 2014: $117,9522014Assets 2015: $120,278Liabilities 2015: $8,667Net Assets 2015: $111,6112015Assets 2016: $118,001Liabilities 2016: $913Net Assets 2016: $117,0882016Assets 2017: $131,864Liabilities 2017: $1,081Net Assets 2017: $130,7832017Assets 2018: $115,033Liabilities 2018: $1,518Net Assets 2018: $113,5152018Assets 2019: $108,060Liabilities 2019: $1602019

Highlighted filing

2019

Assets$108,060
Liabilities$160
Net Assets-
Open 2019 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $24,391Expenses 2011: $42,910Net Income 2011: -$18,5192011Revenue 2013: $49,621Expenses 2013: $64,658Net Income 2013: -$15,0372013Revenue 2014: $50,074Expenses 2014: $53,549Net Income 2014: -$3,4752014Revenue 2015: $51,517Expenses 2015: $57,858Net Income 2015: -$6,3412015Revenue 2016: $51,379Expenses 2016: $45,902Net Income 2016: $5,4772016Revenue 2017: $72,793Expenses 2017: $59,098Net Income 2017: $13,6952017Revenue 2018: $62,860Expenses 2018: $80,128Net Income 2018: -$17,2682018Revenue 2019: $55,330Expenses 2019: $60,945Net Income 2019: -$5,6152019

Highlighted filing

2019

Revenue$55,330
Expenses$60,945
Net Income-$5,615
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$108,060
Liabilities
$160
Net assets
-
Revenue
$55,330
Expenses
$60,945
Net income
-$5,615
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Summary only. Only limited summary data is available for this year.$1.08$0.00$0.55$0.61$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.02$1.14$0.63$0.80$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$0.73$0.59$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.01$1.17$0.51$0.46$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.09$1.12$0.52$0.58$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.03$1.18$0.50$0.54$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.01$1.21$0.50$0.65$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.15$1.31$0.24$0.43$0.19
Latest Detailed Filing

The latest 2019 filing currently has summary financial data only. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 3, 2019
Return Version
2017v2.2
Gross Receipts
$62,860
Mission and Program Overview

Mission

Cultural and art activities

Program Services

DescriptionGrantsExpenses
The Tullahoma Fine Art Center has hosted special exhibits by local artist and artists throughout middle Tennessee as well. TFAC offered a selection of 5 different summer camps for youth ranging from fabric to painting to sculpting. Adults art classes are offered including watercolor class, card making and stain glass. TFAC launched their new culinary class The New Delicious. TFAC presented several major fundraising campaigns and winning an honorable mention award for the most creative campaign from the Community Foundation of Middle Tennessee. Part of this event included partnering with Home Depot to offer a free workshop for kids.$9,630-
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth ThamesPresidentPT$0--
Kari Luna ClareyTreasurer-$0--
Michelle CarmackBoard Member-$0--
Rupa BlackwellBoard Member-$0--
Kristin LunaBoard Member-$0--
Scot Van VelsorBoard Member-$0--
Tina ShangDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Tullahoma Art Center Inc
EIN
62-0819564
Phone
9314551234
Address
925 N Washington Street, Tullahoma, TN 37388

Signing Officer

Name
Pat Rollie
Title
Treasurer
Signed
2019-02-03
Discuss with paid preparer
Yes

Preparer

Firm
Ray & Gregory PC
Address
142 Uptown Sq, Murfreesboro, TN 37129
Preparer
Cameron L Ray CPA
Phone
6158671099
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $56”

Other Expenses.1006

“Payments of Travel or Entertainment for Public Officials $263”

Other Expenses.1009

“Depreciation $6620”

Other Expenses.1

“Operational expenses $3647”

Other Expenses.2

“Special Events $2513”

Other Expenses.3

“Continuing Education $520”

Other Expenses.4

“Business Fees $495”

Other Assets.1005

“Accounts Receivable - Beginning $152 Accounts Receivable - Ending $0”

Other Assets.1010

“Inventories - Beginning $4400 Inventories - Ending $4400”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1081 Accounts Payable and Accrued Expenses - Ending $1518”

Raw XML Appendix181 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Tullahoma
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IRS990EZ/GrossReceiptsAmt062860
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kari Luna Clarey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michelle Carmack
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Rupa Blackwell
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04552
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04400
IRS990EZ/OtherExpensesTotalAmt014114
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Cultural and Art Activities
IRS990EZ/ProgramServiceRevenueAmt021064
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Tullahoma Fine Art Center has hosted special exhibits by local artist and artists throughout middle Tennessee as well. TFAC offered a selection of 5 different summer camps for youth ranging from fabric to painting to sculpting. Adults art classes are offered including watercolor class, card making and stain glass. TFAC launched their new culinary class The New Delicious. TFAC presented several major fundraising campaigns and winning an honorable mention award for the most creative campaign from the Community Foundation of Middle Tennessee. Part of this event included partnering with Home Depot to offer a free workshop for kids.
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IRS990EZ/TotalRevenueAmt062860
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt071295
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IRS990ScheduleA/TotalSupportAmt0286539
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $56
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Payments of Travel or Entertainment for Public Officials $263
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $6620
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Operational expenses $3647
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Special Events $2513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Continuing Education $520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Business Fees $495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Receivable - Beginning $152 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Inventories - Beginning $4400 Inventories - Ending $4400
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Pat Rollie
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Tullahoma Art Center Inc
ReturnHeader/Filer/BusinessNameControlTxt0TULL
ReturnHeader/Filer/EIN0620819564
ReturnHeader/Filer/PhoneNum09314551234
ReturnHeader/Filer/USAddress/AddressLine1Txt0925 N Washington Street
ReturnHeader/Filer/USAddress/CityNm0Tullahoma
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037388
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208218178
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ray & Gregory PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0142 Uptown Sq
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Murfreesboro
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037129
ReturnHeader/PreparerPersonGrp/PhoneNum06158671099
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cameron L Ray CPA
ReturnHeader/ReturnTs02019-02-03T14:55:29-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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