Civic Intelligence

1894 Inc.

990 • Fiscal year 2018 • EIN 76-0193791

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 12, 2019

2020 PostofficeGalveston, TX 77550

(409) 763-7173

Siviq Scores

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

Liabilities / Assets

40th percentile

0.13x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.24x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

41st percentile

$149,913

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

67%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$13,140,786

Up $1,571,257 (+14%) from 2017

Net Assets

Up

$11,490,389

Up $1,640,642 (+17%) from 2017

Liabilities

Down

$1,650,397

Down $69,385 (-4.0%) from 2017

Revenue

Up

$6,805,259

Up $2,731,977 (+67%) from 2017

Expenses

Up

$5,255,677

Up $880,948 (+20%) from 2017

Net Income

Up

$1,549,582

Up $1,851,029 (+614%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $11,201,887Liabilities 2011: $2,276,857Net Assets 2011: $8,925,0302011Assets 2012: $10,748,194Liabilities 2012: $1,733,948Net Assets 2012: $9,014,2462012Assets 2013: $10,942,192Liabilities 2013: $2,130,674Net Assets 2013: $8,811,5182013Assets 2014: $11,933,668Liabilities 2014: $1,475,446Net Assets 2014: $10,458,2222014Assets 2015: $11,670,636Liabilities 2015: $1,730,477Net Assets 2015: $9,940,1592015Assets 2016: $11,768,419Liabilities 2016: $1,697,064Net Assets 2016: $10,071,3552016Assets 2017: $11,569,529Liabilities 2017: $1,719,782Net Assets 2017: $9,849,7472017Assets 2018: $13,140,786Liabilities 2018: $1,650,397Net Assets 2018: $11,490,3892018Assets 2019: $13,355,593Liabilities 2019: $1,436,481Net Assets 2019: $11,919,1122019Assets 2020: $12,137,578Liabilities 2020: $671,868Net Assets 2020: $11,465,7102020Assets 2021: $14,356,181Liabilities 2021: $1,228,022Net Assets 2021: $13,128,1592021Assets 2022: $13,550,618Liabilities 2022: $873,199Net Assets 2022: $12,677,4192022Assets 2023: $13,843,337Liabilities 2023: $1,022,580Net Assets 2023: $12,820,7572023Assets 2024: $13,670,948Liabilities 2024: $933,881Net Assets 2024: $12,737,0672024

Highlighted filing

2018

Assets$13,140,786
Liabilities$1,650,397
Net Assets$11,490,389

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,981,9972011Expenses 2012: $3,736,6352012Expenses 2013: $4,263,8952013Revenue 2014: $5,696,300Expenses 2014: $4,147,663Net Income 2014: $1,548,6372014Revenue 2015: $4,020,797Expenses 2015: $4,432,605Net Income 2015: -$411,8082015Revenue 2016: $4,559,094Expenses 2016: $4,497,715Net Income 2016: $61,3792016Revenue 2017: $4,073,282Expenses 2017: $4,374,729Net Income 2017: -$301,4472017Revenue 2018: $6,805,259Expenses 2018: $5,255,677Net Income 2018: $1,549,5822018Revenue 2019: $4,729,446Expenses 2019: $4,265,025Net Income 2019: $464,4212019Revenue 2020: $3,793,268Expenses 2020: $4,463,681Net Income 2020: -$670,4132020Revenue 2021: $3,638,315Expenses 2021: $2,465,186Net Income 2021: $1,173,1292021Revenue 2022: $4,999,892Expenses 2022: $4,598,744Net Income 2022: $401,1482022Revenue 2023: $5,087,394Expenses 2023: $4,949,118Net Income 2023: $138,2762023Revenue 2024: $4,845,323Expenses 2024: $5,081,099Net Income 2024: -$235,7762024

Highlighted filing

2018

Revenue$6,805,259
Expenses$5,255,677
Net Income$1,549,582
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 12, 2019
Return Version
2017v2.2
Gross Receipts
$6,906,429
Mission and Program Overview

Mission

To sponsor and promote cultural and educational programs and other activities for the residents of galveston, texas and adjacent communities, and to maintain and preserve the grand 1894 opera house complex as an historic structure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,196,505$7,847,497▼ $349,008
Investments in Publicly Traded Securities$2,632,426$3,110,785▲ $478,359
Accounts Receivable$107,374$1,064,436▲ $957,062
Savings and Temporary Cash Investments$408,425$922,160▲ $513,735
Prepaid Expenses and Deferred Charges$214,331$185,376▼ $28,955
Inventories for Sale or Use$10,468$10,532▲ $64
Cash and Non-Interest-Bearing Accounts-$0-
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-
Intangible Assets-$0-
Total Assets$11,569,529$13,140,786▲ $1,571,257
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$223,207$700,454▲ $477,247
Deferred Revenue$1,098,636$698,140▼ $400,496
Accounts Payable and Accrued Expenses$397,939$251,803▼ $146,136
Total Liabilities$1,719,782$1,650,397▼ $69,385
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,953,203$7,582,402▼ $370,801
Permanently Rstr Net Assets$2,351,364$2,827,297▲ $475,933
Unrestricted Net Assets$-454,820$1,080,690▲ $1,535,510
Total Net Assets Fund Balance$9,849,747$11,490,389▲ $1,640,642
Total Liabilities and Net Assets / Fund Balance$11,569,529$13,140,786▲ $1,571,257

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,372,268$7,556,899$14,929,167
Equipment$436,506$2,122,186$2,558,692
Land$38,723-$38,723
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maureen M PattonExecutive DirectorFT$141,840$8,073$149,913

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Deep South ProductionsEquipment Supplier3284 CARBIDE DRIVE, Sulphur, LA 70665$130,185
Revenue and Support

Revenue Composition

Contributions and Grants
$1,434,440
Program Service Revenue
$2,373,722
Investment Income
$43,388
Other Revenue
$2,953,709
All Other Contributions
$763,230
Change in Net Assets
$1,549,582

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$135,250Fair Market Value (FMV)
Other Non Cash Contri Table1$42,600Fair Market Value (FMV)
Other Non Cash Contri Table1$28,400Fair Market Value (FMV)
Food Inventory5$10,663Fair Market Value (FMV)
Other Non Cash Contri Table1$5,920Fair Market Value (FMV)
Other Non Cash Contri Table1$4,845Fair Market Value (FMV)
Other Non Cash Contri Table1$2,635Fair Market Value (FMV)
Other Non Cash Contri Table1$2,500Fair Market Value (FMV)
Other Non Cash Contri Table1$2,407Fair Market Value (FMV)
Other Non Cash Contri Table1$2,000Fair Market Value (FMV)
Other Non Cash Contri Table1$1,000Fair Market Value (FMV)
Total Noncash Contributions15$238,220-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,805,259
Revenue Not Reported on Form 990
$443,557
Total Revenue per Audited Statements
$7,248,816
Total Revenue per Form 990
$6,805,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,398,396
Salaries, Compensation, and Employee Benefits$857,281
Total Fundraising Expense$117,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$647,278-$647,278
Other Salaries and Wages$328,469$164,235$73,622$566,326
Depreciation Depletion$473,905$9,671-$483,576
Advertising$478,610--$478,610
All Other Expenses$268,541$5,306$6,092$279,939
Occupancy$192,308$42,587-$234,895
Insurance$139,530$16,038$4,811$160,379
Current Officers, Directors, Trustees, and Key Employees$84,732$42,366$18,992$146,090
Travel$124,816--$124,816
Other Expenses$123,640--$123,640
Payroll Taxes$48,887$13,394$4,688$66,969
Other Employee Benefits$44,063$12,589$6,295$62,947
Interest$24,872--$24,872
Conferences and Meetings$17,906$4,476-$22,382
Fees for Services Other$19,835--$19,835
Office Expenses$11,092$5,546$1,849$18,487
Fees for Services Accounting-$15,300-$15,300
Pension Plan Contributions$10,464$2,990$1,495$14,949
Total Functional Expenses$4,156,057$981,776$117,844$5,255,677

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,608,174
Expenses per Audited Statements$5,255,677
Total Expenses per Form 990$5,255,677
Expenses Not Reported on Form 990$352,497
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$313,449
Fundraising Direct Expenses$48,831
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$313,449$313,449$48,831$264,618
Total Events$313,449$313,449$48,831$264,618
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
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

The officer, before signing, examined the return including the accompanying schedules and statements to determine that the return was true, correct, and complete, based on information obtained from the books and records of the organization.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Refer to updated personnel policy manual.

Filing and Contact Details

Filer

Filer Name
1894 Inc
EIN
76-0193791
Phone
4097637173
Address
2020 POSTOFFICE, GALVESTON, TX 77550

Signing Officer

Name
Maureen Patton
Title
Executive Director
Signed
2019-07-12
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
TX
Voting Board Members
29
Independent Board Members
29
Employees
110
Volunteers
203

Preparer

Firm
Katherine Overbeck Maxwell CPA Pllc
Address
2200 MARKET ST STE 703, GALVESTON, TX 77550-1532
Preparer
Katherine O Maxwell
Phone
4097655287
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

PARKING EXPENSE (Qualified Transportation Fringe) = -$6600

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Net of concession costs $52339 parking expense (qtf) $-6600 fundrasing expense $48831

Part XII, Line 2D: Other expenses and losses per audited F/S

Net of concession costs $52339 investment expense $13107 fundrasing expense $48831

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IRS990/Form990PartVIISectionAGrp/PersonNm3DR JERI LYONS
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLES WORTHEN
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDITH HELMLE SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm6Ms PAMELA GABRIEL
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IRS990/Form990PartVIISectionAGrp/PersonNm10PACO VARGAS
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IRS990/Form990PartVIISectionAGrp/PersonNm12LARRY WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES WOOLSEY
IRS990/Form990PartVIISectionAGrp/PersonNm14CATHERINE GARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm15STEPHANIE DOYLE
IRS990/Form990PartVIISectionAGrp/PersonNm16JENNY SENTER
IRS990/Form990PartVIISectionAGrp/PersonNm17BRENDA L HUTCHINGS
IRS990/Form990PartVIISectionAGrp/PersonNm18ANDREA SUNSERI
IRS990/Form990PartVIISectionAGrp/PersonNm19STEPHANIE VASUT
IRS990/Form990PartVIISectionAGrp/PersonNm20MARY HUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm21ROBERT L K LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm22MARGO MARKOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm23PETER M MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm24DAVID S MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm25VICTOR PIERSON
IRS990/Form990PartVIISectionAGrp/PersonNm26SARALYN RICHARD
IRS990/Form990PartVIISectionAGrp/PersonNm27JAMES SHAE JOBE
IRS990/Form990PartVIISectionAGrp/PersonNm28BETTIE WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm29MAUREEN M PATTON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22President-Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE DIRECTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.7$0.93$12.7$4.85$5.08$0.24
2023Detailed filing. Detailed filing data is available for this year.$13.8$1.02$12.8$5.09$4.95$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$0.87$12.7$5.00$4.60$0.40
2021Detailed filing. Detailed filing data is available for this year.$14.4$1.23$13.1$3.64$2.47$1.17
2020Detailed filing. Detailed filing data is available for this year.$12.1$0.67$11.5$3.79$4.46$0.67
2019Detailed filing. Detailed filing data is available for this year.$13.4$1.44$11.9$4.73$4.27$0.46
2018Detailed filing. Detailed filing data is available for this year.$13.1$1.65$11.5$6.81$5.26$1.55
2017Detailed filing. Detailed filing data is available for this year.$11.6$1.72$9.85$4.07$4.37$0.30
2016Detailed filing. Detailed filing data is available for this year.$11.8$1.70$10.1$4.56$4.50$0.06
2015Detailed filing. Detailed filing data is available for this year.$11.7$1.73$9.94$4.02$4.43$0.41
2014Detailed filing. Detailed filing data is available for this year.$11.9$1.48$10.5$5.70$4.15$1.55
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$2.13$8.81$4.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$1.73$9.01$3.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$2.28$8.93$3.98