Civic Intelligence

Station 1 Records

EIN 81-3071619 • 501(c)3

Siviq Scores

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

Liabilities / Assets

91st percentile

0.73x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

0.38x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

16th percentile

-41%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

87th percentile

$17,254

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 40.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

21st percentile

-47%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

39th percentile

-14%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$22,188

Down $19,343 (-47%) from 2020

Liabilities

Down

$16,213

Down $1,923 (-11%) from 2020

Net Assets

Down

$5,975

Down $17,420 (-74%) from 2020

Revenue

Down

$42,702

Down $6,875 (-14%) from 2020

Expenses

Up

$60,114

Up $20,306 (+51%) from 2020

Net Income

Down

-$17,412

Down $27,181 (-278%) from 2020

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0-$20K-$40KAssets 2018: $1,189Liabilities 2018: $23,668Net Assets 2018: -$22,4792018Assets 2020: $41,531Liabilities 2020: $18,136Net Assets 2020: $23,3952020Assets 2021: $22,188Liabilities 2021: $16,213Net Assets 2021: $5,9752021

Highlighted filing

2021

Assets$22,188
Liabilities$16,213
Net Assets$5,975

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $108,317Expenses 2018: $108,468Net Income 2018: -$1512018Revenue 2020: $49,577Expenses 2020: $39,808Net Income 2020: $9,7692020Revenue 2021: $42,702Expenses 2021: $60,114Net Income 2021: -$17,4122021

Highlighted filing

2021

Revenue$42,702
Expenses$60,114
Net Income-$17,412

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$42,702
Mission and Program Overview

Mission

To bolster the local music economy through community education, business support for artists, and live event production throughout the city of des moines, while building a regional and national platform for des moines- based artists

Program Services

DescriptionGrantsExpenses
ANNUAL INTERNSHIP PROGRAM WE HIRE TWO DRAKE UNIVERSITY STUDENT INTERNS EACH SEMESTER. THESE INTERNS ARE LEARNING FIRST-HAND THE ESSENTIALS OF BUSINESS MANAGEMENT IN THE CREATIVE INDUSTRY AND ARE WELL-PREPARED FOR WORK IN THE ENTERTAINMENT INDUSTRY FOLLOWING GRADUATION.-$22,493
MUSIC INDUSTRY EDUCATION AND EVENTS, INCLUDING ARTIST CONSULTATION AND MANAGEMENT EDUCATION, TEACHING COLLEGIATE LEVEL COURSES IN THE MUSIC INDUSTRY AT DRAKE UNIVERSITY, AS WELL AS BUSINESS AND LEGAL CONSULTATION IN THE ARTS.-$16,849
- MUSIC INDUSTRY EDUCATION AND EVENTS, INCLUDING ARTIST CONSULTATION AND MANAGEMENT EDUCATION, TEACHING COLLEGIATE LEVEL COURSES IN THE MUSIC INDUSTRY AT DRAKE UNIVERSITY, AS WELL AS BUSINESS AND LEGAL CONSULTATION IN THE ARTS.-$1,248
MUSIC BUSINESS EDUCATION PROGRAMS STATION 1'S MUSIC BUSINESS EDUCATION PROGRAM TARGETS MUSICIANS AND THOSE INTERESTED IN CAREERS IN THE MUSIC BUSINESS AND EDUCATES THEM ON TOPICS SUCH AS COPYRIGHT, TRADEMARKS, BUSINESS FORMATION, ACCOUNTING, AND OTHER NECESSARY BUSINESS SKILLS NECESSARY TO SUCCEED IN THE MUSIC AND ENTERTAINMENT INDUSTRY. MUSICIANS AND STUDENTS BENEFITED: 50--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS KUTZExecutive DiPT$17,254-$17,254
JULIE EICHBoard Member-$0--
DEBRA BISHOPBoard Member-$0--
BEN CROGHANBoard Member-$0--
LACEY WOTLZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Station 1 Records
EIN
81-3071619
Phone
5153302650
Address
634 40TH ST, DES MOINES, IA 50312

Signing Officer

Name
Thomas Kutz
Title
Executive Director
Phone
9207282063
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Mid-iowa Cpas Plc
Address
8410 HICKMAN ROAD SUITE 101, CLIVE, IA 50325
Preparer
Julie a Eich
Phone
5152749146
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Sublet rent 3,000 total 3,000

Form 990-ez, Part I, Line 16

Expenses office 1,025 square fees 1 meals & entertainment 100 insurance 2,284 web hosting 148 uncategorized expense 268 lily detaeye expenses 1,605 writing history expenses 11,794 website fees 394 merchandise 706 taxes & licenses 306 madison ray expenses 3,450 professional development 75 commission fees 200 artist commissions 878 total 23,234

Form 990-ez, Part I, Line 20

MISC -9

Form 990-ez, Part II, Line 26

Payroll liabilities 0 1,077 loans from officers 18,136 15,136

Form 990-ez, Part III

To bolster the local music economy through community education, business support for artists, and live event production throughout the city of des moines, while building a regional and national platform for des moines- based artists

Form 990-ez, Part III, Line 28

- music industry education and events, including artist consultation and management education, teaching collegiate level courses in the music industry at drake university, as well as business and legal consultation in the arts.

Form 990-ez, Part III, Line 29

Music industry education and events, including artist consultation and management education, teaching collegiate level courses in the music industry at drake university, as well as business and legal consultation in the arts.

Form 990-ez, Part III, Line 30

Music business education programs station 1's music business education program targets musicians and those interested in careers in the music business and educates them on topics such as copyright, trademarks, business formation, accounting, and other necessary business skills necessary to succeed in the music and entertainment industry. Musicians and students benefited: 50

Form 990-ez, Part III, Line 31

Annual internship program we hire two drake university student interns each semester. These interns are learning first-hand the essentials of business management in the creative industry and are well-prepared for work in the entertainment industry following graduation.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUBLET RENT 3,000 TOTAL 3,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 1,025 SQUARE FEES 1 MEALS & ENTERTAINMENT 100 INSURANCE 2,284 WEB HOSTING 148 UNCATEGORIZED EXPENSE 268 LILY DETAEYE EXPENSES 1,605 WRITING HISTORY EXPENSES 11,794 WEBSITE FEES 394 MERCHANDISE 706 TAXES & LICENSES 306 MADISON RAY EXPENSES 3,450 PROFESSIONAL DEVELOPMENT 75 COMMISSION FEES 200 ARTIST COMMISSIONS 878 TOTAL 23,234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISC -9
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 0 1,077 LOANS FROM OFFICERS 18,136 15,136
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO BOLSTER THE LOCAL MUSIC ECONOMY THROUGH COMMUNITY EDUCATION, BUSINESS SUPPORT FOR ARTISTS, AND LIVE EVENT PRODUCTION THROUGHOUT THE CITY OF DES MOINES, WHILE BUILDING A REGIONAL AND NATIONAL PLATFORM FOR DES MOINES- BASED ARTISTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5- MUSIC INDUSTRY EDUCATION AND EVENTS, INCLUDING ARTIST CONSULTATION AND MANAGEMENT EDUCATION, TEACHING COLLEGIATE LEVEL COURSES IN THE MUSIC INDUSTRY AT DRAKE UNIVERSITY, AS WELL AS BUSINESS AND LEGAL CONSULTATION IN THE ARTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MUSIC INDUSTRY EDUCATION AND EVENTS, INCLUDING ARTIST CONSULTATION AND MANAGEMENT EDUCATION, TEACHING COLLEGIATE LEVEL COURSES IN THE MUSIC INDUSTRY AT DRAKE UNIVERSITY, AS WELL AS BUSINESS AND LEGAL CONSULTATION IN THE ARTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MUSIC BUSINESS EDUCATION PROGRAMS STATION 1'S MUSIC BUSINESS EDUCATION PROGRAM TARGETS MUSICIANS AND THOSE INTERESTED IN CAREERS IN THE MUSIC BUSINESS AND EDUCATES THEM ON TOPICS SUCH AS COPYRIGHT, TRADEMARKS, BUSINESS FORMATION, ACCOUNTING, AND OTHER NECESSARY BUSINESS SKILLS NECESSARY TO SUCCEED IN THE MUSIC AND ENTERTAINMENT INDUSTRY. MUSICIANS AND STUDENTS BENEFITED: 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ANNUAL INTERNSHIP PROGRAM WE HIRE TWO DRAKE UNIVERSITY STUDENT INTERNS EACH SEMESTER. THESE INTERNS ARE LEARNING FIRST-HAND THE ESSENTIALS OF BUSINESS MANAGEMENT IN THE CREATIVE INDUSTRY AND ARE WELL-PREPARED FOR WORK IN THE ENTERTAINMENT INDUSTRY FOLLOWING GRADUATION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050325
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE A EICH
ReturnHeader/ReturnTs02022-11-22T09:13:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Peer Organizations

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