Civic Intelligence

Mindseye Radio

990 • Fiscal year 2017 • EIN 81-2553623

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 15, 2017

9541 Church Circle DriveBelleville, IL 62223-1000

(618) 394-6444

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$79,870

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$281,047

No earlier filing loaded for comparison.

Net Assets

$260,063

No earlier filing loaded for comparison.

Liabilities

$20,984

No earlier filing loaded for comparison.

Revenue

$399,265

No earlier filing loaded for comparison.

Expenses

$488,516

No earlier filing loaded for comparison.

Net Income

-$89,251

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $281,047Liabilities 2017: $20,984Net Assets 2017: $260,0632017Assets 2018: $343,919Liabilities 2018: $39,834Net Assets 2018: $304,0852018Assets 2019: $315,911Liabilities 2019: $49,085Net Assets 2019: $266,8262019Assets 2020: $380,726Liabilities 2020: $115,176Net Assets 2020: $265,5502020Assets 2021: $410,150Liabilities 2021: $105,156Net Assets 2021: $304,9942021Assets 2022: $360,542Liabilities 2022: $45,022Net Assets 2022: $315,5202022Assets 2023: $291,543Liabilities 2023: $39,623Net Assets 2023: $251,9202023Assets 2024: $203,340Liabilities 2024: $41,764Net Assets 2024: $161,5762024Assets 2025: $285,803Liabilities 2025: $31,939Net Assets 2025: $253,8642025

Highlighted filing

2017

Assets$281,047
Liabilities$20,984
Net Assets$260,063

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $399,265Expenses 2017: $488,516Net Income 2017: -$89,2512017Revenue 2018: $509,035Expenses 2018: $465,013Net Income 2018: $44,0222018Revenue 2019: $424,565Expenses 2019: $461,826Net Income 2019: -$37,2612019Revenue 2020: $415,737Expenses 2020: $417,013Net Income 2020: -$1,2762020Revenue 2021: $557,162Expenses 2021: $548,597Net Income 2021: $8,5652021Revenue 2022: $725,278Expenses 2022: $697,339Net Income 2022: $27,9392022Revenue 2023: $688,681Expenses 2023: $759,204Net Income 2023: -$70,5232023Revenue 2024: $651,730Expenses 2024: $742,073Net Income 2024: -$90,3432024Revenue 2025: $820,659Expenses 2025: $728,371Net Income 2025: $92,2882025

Highlighted filing

2017

Revenue$399,265
Expenses$488,516
Net Income-$89,251
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 15, 2017
Return Version
2016v3.0
Gross Receipts
$416,418
Mission and Program Overview

Mission

MindsEye translates vision into audio.

MindsEye translates vision into audio by providing radio and internet broadcasts of periodicals and live descriptions of visual elements at theatres, museums and festivals to people who are blind, have low vision or are unable to manipulate print materials. MindsEye began services in 1973 as a...(continued on Schedule O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,012$150,161▲ $123,149
Investments Other Securities$257,667$60,986▼ $196,681
Pledges and Grants Receivable$45,995$45,810▼ $185
Accounts Receivable-$24,090-
Prepaid Expenses and Deferred Charges$83--
Total Assets$330,757$281,047▼ $49,710
Liabilities
Accounts Payable and Accrued Expenses$46,596$20,984▼ $25,612
Total Liabilities$46,596$20,984▼ $25,612
Net Assets / Fund Balance
Unrestricted Net Assets$227,595$187,588▼ $40,007
Temporarily Rstr Net Assets$56,566$72,475▲ $15,909
Total Net Assets Fund Balance$284,161$260,063▼ $24,098
Total Liabilities and Net Assets / Fund Balance$330,757$281,047▼ $49,710

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$171,572$171,572
Other Securities$60,986--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$257,667-▲ $14,076$78,413$193,330
2015$321,798$30,000▼ $6,131$88,000$257,667
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Michael SteinDirector$70,894$8,976$79,870

Board Members and Trustees

NameTitle
Ryan SchmidtChair
Marjorie MoorePresident and CEO
Sara GoveroVice Chair
Craig SieronDirector
Deborah AndrewsDirector
Fr Jim BrobstDirector
Jarred RodriguezDirector
Jill Dixon YoungDirector
Julie CushmanDirector
Martha GiordanoDirector
Matt GomricDirector
Matt RygelskiDirector
Sue SlocombDirector
Rita HowellsSecretary
Dan DentonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$298,264
Program Service Revenue
$0
Investment Income
$14,076
Other Revenue
$86,925
All Other Contributions
$164,191
Change in Net Assets
$-89,251

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$48,000Comparable space
Total Noncash Contributions1$48,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$-89,251
Revenue Not Reported on Form 990
$65,153
Total Revenue per Audited Statements
$-24,098
Total Revenue per Form 990
$-89,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$306,207
Other Expenses$182,309
Total Fundraising Expense$94,802
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,288$1,733$39,983$189,004
Current Officers, Directors, Trustees, and Key Employees$48,425$5,890$11,124$65,439
Occupancy$48,316$2,849$3,342$54,507
Other Employee Benefits$23,577$3,624$3,371$30,572
Fees for Services Other$20,692$555$3,146$24,393
Information Technology$14,529$76$4,811$19,416
Payroll Taxes$12,060$491$3,143$15,694
Office Expenses$14,196$1,000$0$15,196
Travel$10,463$458$455$11,376
Pension Plan Contributions$4,165$256$1,077$5,498
Insurance$3,386$127$720$4,233
Other Expenses$3,295$590$205$4,090
Advertising$1,052$0$2,074$3,126
Total Functional Expenses$375,897$17,817$94,802$488,516

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$488,516
Total Expenses per Audited Statements$488,516
Total Expenses per Form 990$488,516
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$98,478
Fundraising Direct Expenses$17,153
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soiree Pour La Vue$84,105$20,130$2,776$17,354
Beepball Tournament$14,373$1,700$2,437$-737
Total Events$98,478$21,830$22,385$-555
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
MindsEye Radio
EIN
81-2553623
Phone
6183946444
Address
9541 Church Circle Drive, Belleville, IL 62223-1000

Signing Officer

Name
Marjorie Moore
Title
President and CEO
Phone
6183946444
Signed
2017-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marjorie Moore
Formed
2016
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
220

Preparer

Firm
Linda A Howdeshell CPA
Address
9208 Lodge Pole Ln, Saint Louis, MO 63126
Preparer
Linda a Howdeshell
Phone
3147403983
Supplemental Narrative

Additional Explanations

Other

(Continued from PartI, Line 1)...mission of the Missionary Oblates of Mary Immaculate and emerged as a standalone nonprofit organization in 2016.

Pt VI, Line 11B

The Organization's Executive Director reviews the Form 990 prior to completion. The entire Form 990 is electronically provided to the full board before filing.

Pt VI, Line 12C

Members are asked to disclose conflicts of interest annually. Members are excluded from decisions where there is a conflict.

Pt VI, Line 15A

Salaries are set by analysis of comparable positions within the area. Raises and bonuses are dependent upon performance and the Organization's financial success.

Pt VI, Line 19

The Organization's governing documents, conflict of interest policy, financial statements, and Form 990 are available to the public upon request.

Pt XI

Line 9, Special events expense is reported gross for financial statements in accordance with generally accepted accounting principles.

Pt XII, Line 2C

The Finance Committee assumes oversight responsibility of the audit and selection of the independent accountant.

Financial Statement Notes

Pt XI, Line 2D

Special events revenue is netted with special events expense on the 990

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IRS990/MissionDesc0MindsEye translates vision into audio.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0260063
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt081325
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt081325
IRS990/NoncashContributionsAmt048000
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IRS990/OccupancyGrp/FundraisingAmt03342
IRS990/OccupancyGrp/ManagementAndGeneralAmt02849
IRS990/OccupancyGrp/ProgramServicesAmt048316
IRS990/OccupancyGrp/TotalAmt054507
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01000
IRS990/OfficeExpensesGrp/ProgramServicesAmt014196
IRS990/OfficeExpensesGrp/TotalAmt015196
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt017153
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03371
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03624
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023577
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030572
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Postage
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt020818
IRS990/OtherExpensesGrp/FundraisingAmt1533
IRS990/OtherExpensesGrp/FundraisingAmt2205
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2590
IRS990/OtherExpensesGrp/ProgramServicesAmt022324
IRS990/OtherExpensesGrp/ProgramServicesAmt12129
IRS990/OtherExpensesGrp/ProgramServicesAmt23295
IRS990/OtherExpensesGrp/TotalAmt043310
IRS990/OtherExpensesGrp/TotalAmt12662
IRS990/OtherExpensesGrp/TotalAmt24090
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Underwriting revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05600
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IRS990/OtherRevenueTotalAmt05600
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt039983
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01733
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0147288
IRS990/OtherSalariesAndWagesGrp/TotalAmt0189004
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03143
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0491
IRS990/PayrollTaxesGrp/ProgramServicesAmt012060
IRS990/PayrollTaxesGrp/TotalAmt015694
IRS990/PensionPlanContributionsGrp/FundraisingAmt01077
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0256
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04165
IRS990/PensionPlanContributionsGrp/TotalAmt05498
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt045995
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt045810
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt083
IRS990/PrincipalOfficerNm0MARJORIE MOORE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MINDSEYE BEGAN AN AUDIO DESCRIPTION SERVICE, TRAINING 30 VOLUNTEERS TO GO TO THEATRES, MUSEUMS AND OTHER CULTURAL EVENTS TO DESCRIBE ACTION ON STAGE OR ART. A TOTAL OF 31 EVENTS WERE DESCRIBED TO PEOPLE WHO WERE VISUALLY IMPAIRED.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0301762
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09345
IRS990/PYOtherExpensesAmt0141068
IRS990/PYOtherRevenueAmt034945
IRS990/PYRevenuesLessExpensesAmt0-151952
IRS990/PYSalariesCompEmpBnftPaidAmt0356936
IRS990/PYTotalExpensesAmt0498004
IRS990/PYTotalRevenueAmt0346052
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-89251
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0195575
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0298264
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0298264
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt061
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IRS990ScheduleA/PublicSupportTotal509Amt0298264
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0298264
IRS990ScheduleA/Total509Grp/TotalAmt0298264
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0298325
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0257667
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0193330
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt014076
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt078413
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0321798
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt030000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0257667
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6131
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt088000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt048000
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0171572
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0171572
IRS990ScheduleD/ExpensesSubtotalAmt0488516
IRS990ScheduleD/OtherRevenueAmt017153
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt060986
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Interest in Oblate Service Trust
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt065153
IRS990ScheduleD/RevenueSubtotalAmt0-89251
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Special events revenue is netted with special events expense on the 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/TotalBookValueSecuritiesAmt060986
IRS990ScheduleD/TotalExpensesPerForm990Amt0488516
IRS990ScheduleD/TotalRevenuePerForm990Amt0-89251
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-24098
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0488516
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt076648
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt063975
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt012673
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022385
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Soiree Pour La Vue
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Beepball Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt016172
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt016172
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt084105
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt014373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt098478

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