Civic Intelligence

Esther Simplot Performing Arts Academy Inc.

990 • Fiscal year 2021 • EIN 82-0446623

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

516 S 9th StreetBoise, ID 83702

(208) 336-2110

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

11th percentile

0.01x

Higher debt load relative to revenue than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

91st percentile

65%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-22%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$20,907,444

Up $3,800,485 (+22%) from 2020

Net Assets

Up

$20,886,441

Up $3,900,888 (+23%) from 2020

Liabilities

Down

$21,003

Down $100,403 (-83%) from 2020

Revenue

Down

$1,465,849

Down $418,216 (-22%) from 2020

Expenses

Down

$517,678

Down $13,790 (-2.6%) from 2020

Net Income

Down

$948,171

Down $404,426 (-30%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $6,459,890Liabilities 2011: $7,464Net Assets 2011: $6,452,4262011Assets 2012: $11,730,557Liabilities 2012: $13,506Net Assets 2012: $11,717,0512012Assets 2013: $12,436,761Liabilities 2013: $7,337Net Assets 2013: $12,429,4242013Assets 2014: $13,783,746Liabilities 2014: $11,398Net Assets 2014: $13,772,3482014Assets 2015: $13,556,804Liabilities 2015: $8,123Net Assets 2015: $13,548,6812015Assets 2016: $12,964,990Liabilities 2016: $28,504Net Assets 2016: $12,936,4862016Assets 2017: $14,168,154Liabilities 2017: $7,403Net Assets 2017: $14,160,7512017Assets 2018: $14,789,257Liabilities 2018: $5,661Net Assets 2018: $14,783,5962018Assets 2019: $16,138,470Liabilities 2019: $6,649Net Assets 2019: $16,131,8212019Assets 2020: $17,106,959Liabilities 2020: $121,406Net Assets 2020: $16,985,5532020Assets 2021: $20,907,444Liabilities 2021: $21,003Net Assets 2021: $20,886,4412021Assets 2022: $18,794,531Liabilities 2022: $92,963Net Assets 2022: $18,701,5682022Assets 2023: $19,391,083Liabilities 2023: $49,653Net Assets 2023: $19,341,4302023Assets 2024: $12,017,599Liabilities 2024: $22,542Net Assets 2024: $11,995,0572024

Highlighted filing

2021

Assets$20,907,444
Liabilities$21,003
Net Assets$20,886,441

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $420,669Expenses 2011: $313,545Net Income 2011: $107,1242011Revenue 2012: $2,422,611Expenses 2012: $346,702Net Income 2012: $2,075,9092012Revenue 2013: $469,043Expenses 2013: $347,251Net Income 2013: $121,7922013Revenue 2014: $337,817Expenses 2014: $353,147Net Income 2014: -$15,3302014Revenue 2015: $506,074Expenses 2015: $368,850Net Income 2015: $137,2242015Revenue 2016: $411,572Expenses 2016: $348,469Net Income 2016: $63,1032016Revenue 2017: $480,620Expenses 2017: $375,703Net Income 2017: $104,9172017Revenue 2018: $639,371Expenses 2018: $382,087Net Income 2018: $257,2842018Revenue 2019: $1,830,399Expenses 2019: $377,105Net Income 2019: $1,453,2942019Revenue 2020: $1,884,065Expenses 2020: $531,468Net Income 2020: $1,352,5972020Revenue 2021: $1,465,849Expenses 2021: $517,678Net Income 2021: $948,1712021Revenue 2022: $1,176,536Expenses 2022: $906,118Net Income 2022: $270,4182022Revenue 2023: $487,997Expenses 2023: $654,976Net Income 2023: -$166,9792023Revenue 2024: $2,146,189Expenses 2024: $722,207Net Income 2024: $1,423,9822024

Highlighted filing

2021

Revenue$1,465,849
Expenses$517,678
Net Income$948,171
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.2
Gross Receipts
$2,531,985
Mission and Program Overview

Mission

Provide building facilities for three other charitable organizations whose missions are to enrich, entertain and educate through a variety of performing arts.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$16,985,553$20,886,441▲ $3,900,888
Investments Other Securities$6,832,627$9,307,725▲ $2,475,098
Investments in Publicly Traded Securities$5,671,101$5,541,950▼ $129,151
Land, Buildings, and Equipment, Net$4,256,710$4,131,846▼ $124,864
Cash and Non-Interest-Bearing Accounts$108,184$32,627▼ $75,557
Prepaid Expenses and Deferred Charges$11,820$12,237▲ $417
Accounts Receivable$1,250$1,000▼ $250
Total Assets$17,106,959$20,907,444▲ $3,800,485
Other Assets Total$225,267$1,880,059▲ $1,654,792
Liabilities
Deferred Revenue-$10,710-
Accounts Payable and Accrued Expenses$121,406$10,293▼ $111,113
Total Liabilities$121,406$21,003▼ $100,403
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,985,553$20,886,441▲ $3,900,888
Total Liabilities and Net Assets / Fund Balance$17,106,959$20,907,444▲ $3,800,485

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,053,951$2,810,782$4,864,733
Land$1,847,295-$1,847,295
Equipment$212,329$279,695$451,474
Other Land Buildings$18,271$38,056$56,327
Other Assets Org$1,880,059--
Other Securities$9,307,725--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill DrakeDirector
Annette G ElgPres / Director
Stanley FornanderSec / Director
AJ BalukoffTreas / Director
Ronald N GravesVP / Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,093,429
Program Service Revenue
$0
Investment Income
$372,757
Other Revenue
$-337
All Other Contributions
$1,093,429
Change in Net Assets
$948,171

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$661,932Fair Market Value (FMV)
Other Non Cash Contri Table12$25,621actual
Other Non Cash Contri Table2$16,695actual
Clothing and Household Goods-$4,591-
Total Noncash Contributions24$708,839-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$517,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$169,667--$169,667
Depreciation Depletion$165,414--$165,414
Fees for Services Management-$114,384-$114,384
Fees for Service Investment Mgmnt Fees-$36,749-$36,749
Fees for Services Accounting-$25,621-$25,621
Insurance$16,303--$16,303
Office Expenses$477$4,843-$5,320
Travel-$32-$32
Other Expenses$-15,812--$-15,812
Total Functional Expenses$336,049$181,629$0$517,678
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part I, Section C, Line 1

The Esther Simplot Performing Arts Academy shall foster the development of the performing arts by providing an artistic facility for teaching and performing the arts for the following organizations The Boise Philharmonic Association, Inc Ballet Idaho, Inc formerly known as American Festival Ballet Opera Idaho, Inc formerly known as Boise Opera, Inc.

Form 990, Part VI, Line 11B

An officer of the entity reviews and signs the Form 990.

Form 990, Part VI, Section C, Line 19

The organization maintains a permanent file containing copies of financial statements, organizational papers and Form 990s. The permanent file is available upon request to the public.

Filing and Contact Details

Filer

Filer Name
Esther Simplot Performing Arts Academy
EIN
82-0446623
Phone
2083362110
Address
516 S 9th Street, Boise, ID 83702

Signing Officer

Name
A J Balukoff
Title
Treasurer
Signed
2022-05-11
Discuss with paid preparer
No

Organization Details

Principal Officer
Annette G Elg
Formed
1991
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 5

Unrealized Investment Gain 2,952,717

Raw XML AppendixShowing 400 of 414 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.

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IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0820301511
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1826006000
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2237331238
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd210
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0153798
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt1125834
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt255926
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Ballet Idaho
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Boise Philharmonic Assoc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Opera Idaho
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02053951
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02810782
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04864733
IRS990ScheduleD/EquipmentGrp/BookValueAmt0212329
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0279695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0451474
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01847295
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01847295
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01880059
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Progress
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018271
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038056
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt056327
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt09307725
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Idaho Community Foundation Endowment
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04131846
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01880059
IRS990ScheduleD/TotalBookValueSecuritiesAmt09307725
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt04591
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt012
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt12
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Accounting Service
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Architectual Service
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0actual
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1actual
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt025621
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt116695
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt010
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0661932
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Esther Simplot Performing Arts Academy shall foster the development of the performing arts by providing an artistic facility for teaching and performing the arts for the following organizations The Boise Philharmonic Association, Inc Ballet Idaho, Inc formerly known as American Festival Ballet Opera Idaho, Inc formerly known as Boise Opera, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1An officer of the entity reviews and signs the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization maintains a permanent file containing copies of financial statements, organizational papers and Form 990s. The permanent file is available upon request to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Unrealized Investment Gain 2,952,717
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Section C, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 5
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017106959
IRS990/TotalAssetsEOYAmt020907444
IRS990/TotalAssetsGrp/BOYAmt017106959
IRS990/TotalAssetsGrp/EOYAmt020907444
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01093429
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0181629
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0336049
IRS990/TotalFunctionalExpensesGrp/TotalAmt0517678
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0121406
IRS990/TotalLiabilitiesEOYAmt021003
IRS990/TotalLiabilitiesGrp/BOYAmt0121406
IRS990/TotalLiabilitiesGrp/EOYAmt021003
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016985553
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt020886441
IRS990/TotalProgramServiceExpensesAmt0336049
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01465849
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017106959
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020907444
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt032
IRS990/TravelGrp/TotalAmt032
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 27
IRS990/USAddress/CityNm0Boise
IRS990/USAddress/StateAbbreviationCd0ID
IRS990/USAddress/ZIPCd083707
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.espaa.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0A J Balukoff
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Esther Simplot Performing Arts Academy

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.02$12.0$2.15$0.72$1.42
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$0.05$19.3$0.49$0.65$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$0.09$18.7$1.18$0.91$0.27
2021Detailed filing. Detailed filing data is available for this year.$20.9$0.02$20.9$1.47$0.52$0.95
2020Summary only. Only limited summary data is available for this year.$17.1$0.12$17.0$1.88$0.53$1.35
2019Summary only. Only limited summary data is available for this year.$16.1$0.01$16.1$1.83$0.38$1.45
2018Summary only. Only limited summary data is available for this year.$14.8$0.01$14.8$0.64$0.38$0.26
2017Summary only. Only limited summary data is available for this year.$14.2$0.01$14.2$0.48$0.38$0.10
2016Summary only. Only limited summary data is available for this year.$13.0$0.03$12.9$0.41$0.35$0.06
2015Summary only. Only limited summary data is available for this year.$13.6$0.01$13.5$0.51$0.37$0.14
2014Summary only. Only limited summary data is available for this year.$13.8$0.01$13.8$0.34$0.35$0.02
2013Summary only. Only limited summary data is available for this year.$12.4$0.01$12.4$0.47$0.35$0.12
2012Summary only. Only limited summary data is available for this year.$11.7$0.01$11.7$2.42$0.35$2.08
2011Summary only. Only limited summary data is available for this year.$6.46$0.01$6.45$0.42$0.31$0.11