Civic Intelligence

Sonoma Valley Museum of Art

EIN 68-0409459 • 501(c)3 • Sonoma, CA

Profile

The Sonoma Valley Museum of Art presents four to six exhibitions per year and offers educational programs for people of all ages.

PO Box 322Sonoma, CA 95476

svma.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.20x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.60x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-5.9%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$149,486

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

42nd percentile

0.7%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,749,553

Up $25,658 (+0.7%) from 2023

Liabilities

Down

$736,769

Down $19,596 (-2.6%) from 2023

Net Assets

Up

$3,012,784

Up $45,254 (+1.5%) from 2023

Revenue

Up

$1,219,831

Up $157,260 (+15%) from 2023

Expenses

Down

$1,292,156

Down $83,049 (-6.0%) from 2023

Net Income

Up

-$72,325

Up $240,309 (+77%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,858,630Liabilities 2011: $782,943Net Assets 2011: $1,075,6872011Assets 2012: $1,798,605Liabilities 2012: $892,769Net Assets 2012: $905,8362012Assets 2013: $1,787,630Liabilities 2013: $885,410Net Assets 2013: $902,2202013Assets 2014: $1,772,487Liabilities 2014: $871,073Net Assets 2014: $901,4142014Assets 2015: $2,619,051Liabilities 2015: $845,871Net Assets 2015: $1,773,1802015Assets 2016: $4,818,633Liabilities 2016: $867,305Net Assets 2016: $3,951,3282016Assets 2017: $4,649,707Liabilities 2017: $844,638Net Assets 2017: $3,805,0692017Assets 2018: $3,998,506Liabilities 2018: $787,801Net Assets 2018: $3,210,7052018Assets 2019: $4,254,850Liabilities 2019: $777,338Net Assets 2019: $3,477,5122019Assets 2020: $4,549,829Liabilities 2020: $878,386Net Assets 2020: $3,671,4432020Assets 2021: $4,674,714Liabilities 2021: $771,504Net Assets 2021: $3,903,2102021Assets 2022: $3,791,080Liabilities 2022: $761,422Net Assets 2022: $3,029,6582022Assets 2023: $3,723,895Liabilities 2023: $756,365Net Assets 2023: $2,967,5302023Assets 2024: $3,749,553Liabilities 2024: $736,769Net Assets 2024: $3,012,7842024

Highlighted filing

2024

Assets$3,749,553
Liabilities$736,769
Net Assets$3,012,784

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $426,704Expenses 2011: $679,381Net Income 2011: -$252,6772011Revenue 2012: $565,378Expenses 2012: $701,659Net Income 2012: -$136,2812012Revenue 2013: $701,533Expenses 2013: $706,770Net Income 2013: -$5,2372013Revenue 2014: $742,332Expenses 2014: $742,626Net Income 2014: -$2942014Revenue 2015: $1,688,202Expenses 2015: $816,436Net Income 2015: $871,7662015Revenue 2016: $3,202,464Expenses 2016: $1,007,286Net Income 2016: $2,195,1782016Revenue 2017: $872,654Expenses 2017: $1,238,633Net Income 2017: -$365,9792017Revenue 2018: $1,123,236Expenses 2018: $1,492,428Net Income 2018: -$369,1922018Revenue 2019: $1,155,598Expenses 2019: $1,185,023Net Income 2019: -$29,4252019Revenue 2020: $1,102,255Expenses 2020: $1,084,788Net Income 2020: $17,4672020Revenue 2021: $1,239,730Expenses 2021: $1,215,996Net Income 2021: $23,7342021Revenue 2022: $1,081,111Expenses 2022: $1,384,993Net Income 2022: -$303,8822022Revenue 2023: $1,062,571Expenses 2023: $1,375,205Net Income 2023: -$312,6342023Revenue 2024: $1,219,831Expenses 2024: $1,292,156Net Income 2024: -$72,3252024

Highlighted filing

2024

Revenue$1,219,831
Expenses$1,292,156
Net Income-$72,325

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.74$3.01$1.22$1.29$0.07
2023Summary only. Only limited summary data is available for this year.$3.72$0.76$2.97$1.06$1.38$0.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.79$0.76$3.03$1.08$1.38$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.77$3.90$1.24$1.22$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$0.88$3.67$1.10$1.08$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.78$3.48$1.16$1.19$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.79$3.21$1.12$1.49$0.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.84$3.81$0.87$1.24$0.37
2016Summary only. Only limited summary data is available for this year.$4.82$0.87$3.95$3.20$1.01$2.20
2015Detailed filing. Detailed filing data is available for this year.$2.62$0.85$1.77$1.69$0.82$0.87
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.87$0.90$0.74$0.74$0.00
2013Summary only. Only limited summary data is available for this year.$1.79$0.89$0.90$0.70$0.71$0.01
2012Summary only. Only limited summary data is available for this year.$1.80$0.89$0.91$0.57$0.70$0.14
2011Summary only. Only limited summary data is available for this year.$1.86$0.78$1.08$0.43$0.68$0.25
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 7, 2023
Return Version
2022v5.0
Gross Receipts
$1,475,601
Mission and Program Overview

Mission

The Sonoma Valley Museum of Art presents four to six exhibitions per year and offers educational programs and events, actively engaging people of all ages.

The Sonoma Valley Museum of Art builds community around art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,917,547$2,157,334▼ $760,213
Land, Buildings, and Equipment, Net$1,162,875$1,095,994▼ $66,881
Cash and Non-Interest-Bearing Accounts$494,536$317,798▼ $176,738
Savings and Temporary Cash Investments$36,892$142,057▲ $105,165
Prepaid Expenses and Deferred Charges$16,333$20,592▲ $4,259
Inventories for Sale or Use$16,783$18,259▲ $1,476
Accounts Receivable$9,200$16,200▲ $7,000
Intangible Assets$2,164$7,626▲ $5,462
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Total Assets$4,674,714$3,791,080▼ $883,634
Other Assets Total$18,384$15,220▼ $3,164
Liabilities
Mortgage Notes Payable Secured by Investment Property$667,019$665,837▼ $1,182
Accounts Payable and Accrued Expenses$65,380$49,747▼ $15,633
Deferred Revenue$39,105$45,838▲ $6,733
Total Liabilities$771,504$761,422▼ $10,082
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,503,063$2,817,721▼ $685,342
Net Assets With Donor Restrictions$400,147$211,937▼ $188,210
Total Net Assets Fund Balance$3,903,210$3,029,658▼ $873,552
Total Liabilities and Net Assets / Fund Balance$4,674,714$3,791,080▼ $883,634

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$637,075$1,050,347$1,687,422
Land$433,500-$433,500
Other Land Buildings$8,261$169,455$177,716
Equipment$17,158$78,281$95,439
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda KeatonExecutive DirectorFT$137,796$6,551$144,347
Debbie BarkerDirector of Dev & MktgFT$103,500$13,253$116,753

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$898,016
Program Service Revenue
$34,899
Investment Income
$96,726
Other Revenue
$51,470
All Other Contributions
$468,396
Change in Net Assets
$-303,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$847,165
Other Expenses$537,828
Total Fundraising Expense$315,261
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$245,156$152,918$178,144$576,218
Current Officers, Directors, Trustees, and Key Employees$64,826$36,168$43,353$144,347
Occupancy$69,731$39,007$4,562$113,300
Depreciation Depletion$57,058$19,019-$76,077
Other Employee Benefits$27,804$16,960$19,868$64,632
Payroll Taxes$26,658$16,261$19,049$61,968
Fees for Services Other$6,341$19,094$14,012$39,447
Advertising$28,255-$9,000$37,255
Fees for Services Accounting$1,409$32,497$1,007$34,913
Office Expenses$9,540$15,130$8,416$33,086
Fees for Services Legal-$24,070-$24,070
All Other Expenses$8,142$6,359$6,743$21,244
Insurance$6,230$7,654$3,916$17,800
Other Expenses$2,768$2,572$4,178$6,946
Travel$762--$762
Total Functional Expenses$682,023$387,709$315,261$1,384,993
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$111,912
Fundraising Direct Expenses$92,088
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great Places/Great Spaces$44,373$44,373$1,953$42,420
Gala$369,147$30,022$44,504$-14,482
Total Events$451,037$111,912$92,088$19,824
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 35% controlled entity
No
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
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, Part VI, Section A, Line 6

Sonoma Valley Museum of Art solicits membership contributions from its patrons and supporters. For varying contribution levels, various benefits are bestowed upon the members including free admission to exhibits, discounts at other museums, and discounts on all educational programs.

Form 990, Part VI, Section B, Line 11B

The Board has adopted procedures which include a pre filing review of Form 990 by the Board.

Form 990, Part VI, Section B, Line 12C

The organization has adopted policies which require each Board member to return an annual questionnaire indicating any potential conflicts of interest or affirmatively stating that no such conflicts exist. Any potential conflicts reported or discovered are reviewed by the Board in accordance with the organization's conflict of interest policy and organizing documents.

Form 990, Part VI, Section B, Line 15A

The Executive Director's compensation is reviewed by the organization's Executive Committee which is comprised of selected independent members of the Board of Directors. The review includes a comparability study, discussion and deliberation by the Committee. Minutes are kept of all Executive Committee meetings and their deliberations and decisions are memorialized therein.

Form 990, Part VI, Section B, Line 15B

The Museum has no other compensated officers or key employees.

Form 990, Part VI, Section C, Line 19

Governing documents, Form 1023 and Forms 990 are available upon request at the Museum's offices at 551 Broadway, Sonoma, CA 95476.

Filing and Contact Details

Filer

Filer Name
Sonoma Valley Museum of Art
EIN
68-0409459
Phone
7079397862
Address
PO Box 322, Sonoma, CA 95476

Signing Officer

Name
Linda Keaton
Title
Executive Director
Signed
2023-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Keaton
Formed
1998
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
20
Employees
32
Volunteers
50

Preparer

Firm
Dreyer Accountancy Corporation
Address
811 W Napa St Ste A, Sonoma, CA 95476
Preparer
Jeffrey M Dreyer
Phone
7079382273
Supplemental Narrative

Additional Explanations

Schedule D, Part IX - Other Assets

Sonoma Valley Museum of Art has transferred assets to Community Foundation Sonoma County to be administered as component parts of Community Foundation Sonoma County under Treasury Regulations Section 1.170A-9(e)(11). Sonoma Valley Museum of Art has accounted for these transfers in accordance with generally accepted accounting principles for organizations naming themselves as beneficiary. The investment income (loss) in this fund in 2022 was $(3,164).

Raw XML AppendixShowing 400 of 679 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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IRS990/ActivityOrMissionDesc0The Sonoma Valley Museum of Art builds community around art.
IRS990/AdvertisingGrp/FundraisingAmt09000
IRS990/AdvertisingGrp/ProgramServicesAmt028255
IRS990/AdvertisingGrp/TotalAmt037255
IRS990/AllOtherContributionsAmt0468396
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IRS990/BooksInCareOfDetail/PersonNm0Linda Keaton
IRS990/BooksInCareOfDetail/PhoneNum07079397862
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0551 Broadway
IRS990/BooksInCareOfDetail/USAddress/CityNm0Sonoma
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095476
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IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0898016
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IRS990/DepreciationDepletionGrp/TotalAmt076077
IRS990/Desc0The Sonoma Valley Museum of Art exhibited a diverse program of works of art by both American & International artists in the Museum. SVMA presented the Art Rewards the Student (A.R.T.S.) education program for all 4th and 5th grade students in Sonoma Valley Unified School District. The education programs utilized staff and consultants to develop, implement, and evaluate the programs. Approximately 8,600 people visited the Museum during 2022.
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