Civic Intelligence

Historic Denver Inc.

990 • Fiscal year 2017 • EIN 84-0605731

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 07, 2018

1420 Ogden Street Suite 202Denver, CO 80218

(303) 534-5288

Siviq Scores

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

Liabilities / Assets

64th percentile

0.21x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.37x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

45th percentile

1.5%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

55th percentile

$73,190

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,852,241

Up $386,089 (+16%) from 2016

Net Assets

Up

$2,257,334

Up $49,262 (+2.2%) from 2016

Liabilities

Up

$594,907

Up $336,827 (+131%) from 2016

Revenue

Down

$1,618,596

Down $327,261 (-17%) from 2016

Expenses

Down

$1,593,547

Down $47,400 (-2.9%) from 2016

Net Income

Down

$25,049

Down $279,861 (-92%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,623,340Liabilities 2010: $541,587Net Assets 2010: $1,081,7532010Assets 2011: $1,486,363Liabilities 2011: $359,866Net Assets 2011: $1,126,4972011Assets 2012: $1,583,214Liabilities 2012: $344,663Net Assets 2012: $1,238,5512012Assets 2013: $1,857,682Liabilities 2013: $356,691Net Assets 2013: $1,500,9912013Assets 2014: $1,995,838Liabilities 2014: $312,450Net Assets 2014: $1,683,3882014Assets 2015: $2,238,692Liabilities 2015: $342,450Net Assets 2015: $1,896,2422015Assets 2016: $2,466,152Liabilities 2016: $258,080Net Assets 2016: $2,208,0722016Assets 2017: $2,852,241Liabilities 2017: $594,907Net Assets 2017: $2,257,3342017Assets 2018: $2,857,619Liabilities 2018: $567,094Net Assets 2018: $2,290,5252018Assets 2019: $2,492,255Liabilities 2019: $436,156Net Assets 2019: $2,056,0992019Assets 2020: $2,596,029Liabilities 2020: $516,446Net Assets 2020: $2,079,5832020Assets 2021: $2,418,830Liabilities 2021: $257,154Net Assets 2021: $2,161,6762021Assets 2022: $2,423,986Liabilities 2022: $381,397Net Assets 2022: $2,042,5892022Assets 2023: $2,625,139Liabilities 2023: $638,852Net Assets 2023: $1,986,2872023Assets 2024: $2,546,693Liabilities 2024: $732,994Net Assets 2024: $1,813,6992024

Highlighted filing

2017

Assets$2,852,241
Liabilities$594,907
Net Assets$2,257,334

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,753,6592010Revenue 2011: $1,396,332Expenses 2011: $1,351,587Net Income 2011: $44,7452011Expenses 2012: $1,313,4012012Revenue 2013: $1,420,040Expenses 2013: $1,157,600Net Income 2013: $262,4402013Revenue 2014: $2,337,647Expenses 2014: $2,155,250Net Income 2014: $182,3972014Revenue 2015: $1,776,195Expenses 2015: $1,556,056Net Income 2015: $220,1392015Revenue 2016: $1,945,857Expenses 2016: $1,640,947Net Income 2016: $304,9102016Revenue 2017: $1,618,596Expenses 2017: $1,593,547Net Income 2017: $25,0492017Revenue 2018: $2,217,945Expenses 2018: $2,150,145Net Income 2018: $67,8002018Revenue 2019: $2,211,022Expenses 2019: $2,285,240Net Income 2019: -$74,2182019Revenue 2020: $1,201,415Expenses 2020: $1,287,921Net Income 2020: -$86,5062020Revenue 2021: $1,380,558Expenses 2021: $1,332,019Net Income 2021: $48,5392021Revenue 2022: $1,654,907Expenses 2022: $1,677,203Net Income 2022: -$22,2962022Revenue 2023: $1,741,980Expenses 2023: $1,852,250Net Income 2023: -$110,2702023Revenue 2024: $1,795,463Expenses 2024: $1,996,676Net Income 2024: -$201,2132024

Highlighted filing

2017

Revenue$1,618,596
Expenses$1,593,547
Net Income$25,049
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 7, 2018
Return Version
2017v2.3
Gross Receipts
$1,730,902
Mission and Program Overview

Mission

Historic denver, inc. Exists to empower people to actively experience and thoughtfully maintain our city's cultural landmarks and historic places today and long into the future, this is done through education, direct assistance, and programming at the molly brown house museum.

Historic denver is committed to enhancing our city's unique identity through education, activism and stewardship on behalf of local heritage and historic places.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$665,312$1,176,573▲ $511,261
Savings and Temporary Cash Investments$842,203$649,843▼ $192,360
Cash and Non-Interest-Bearing Accounts$546,904$540,125▼ $6,779
Investments in Publicly Traded Securities$238,137$289,236▲ $51,099
Inventories for Sale or Use$76,536$84,265▲ $7,729
Accounts Receivable$3,945$74,267▲ $70,322
Pledges and Grants Receivable$90,193$32,924▼ $57,269
Prepaid Expenses and Deferred Charges$2,922$5,008▲ $2,086
Total Assets$2,466,152$2,852,241▲ $386,089
Liabilities
Deferred Revenue$146,986$516,891▲ $369,905
Accounts Payable and Accrued Expenses$98,800$78,016▼ $20,784
Other Liabilities$12,294--
Total Liabilities$258,080$594,907▲ $336,827
Net Assets / Fund Balance
Unrestricted Net Assets$1,390,587$1,942,633▲ $552,046
Temporarily Rstr Net Assets$817,485$314,701▼ $502,784
Total Net Assets Fund Balance$2,208,072$2,257,334▲ $49,262
Total Liabilities and Net Assets / Fund Balance$2,466,152$2,852,241▲ $386,089

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$912,373$860,655$1,773,028
Other Land Buildings$227,015-$227,015
Equipment$1,349$50,532$51,881
Land$35,836-$35,836

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$238,137$16,500▲ $36,691-$289,236
2016$188,754$38,247▲ $12,963-$238,137
2015$134,478$57,500▼ $1,617-$188,754
2014-$131,997▲ $3,062-$134,478
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne LevinskyExecutive DiFT$72,250$940$73,190

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$709,510
Program Service Revenue
$786,023
Investment Income
$12,578
Other Revenue
$110,485
All Other Contributions
$352,780
Change in Net Assets
$25,049

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,618,596
Revenue Not Reported on Form 990
$171,470
Total Revenue per Audited Statements
$1,790,066
Total Revenue per Form 990
$1,618,596
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$945,413
Salaries, Compensation, and Employee Benefits$648,134
Total Fundraising Expense$150,301
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$436,538$29,883$31,626$498,047
Current Officers, Directors, Trustees, and Key Employees$63,327$4,335$4,588$72,250
Occupancy$51,918$3,065$6,223$61,206
All Other Expenses$39,020$3,688$16,414$59,122
Office Expenses$44,689$3,495$5,032$53,216
Payroll Taxes$40,957$2,824$3,296$47,077
Fees for Services Other$26,413$11,879$6,253$44,545
Advertising$35,213$1,692$2,439$39,344
Depreciation Depletion$33,096--$33,096
Other Employee Benefits$26,761$1,846$2,153$30,760
Other Expenses$30,398$3,875$69,534$30,398
Insurance$26,808$1,231$1,277$29,316
Information Technology$7,098$1,018$1,466$9,582
Total Functional Expenses$1,374,415$68,831$150,301$1,593,547

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,740,804
Expenses per Audited Statements$1,593,547
Total Expenses per Form 990$1,593,547
Expenses Not Reported on Form 990$147,257
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-TrusteePreservation DesignNo$10,215
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
Yes
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, Page 6, Part VI, Line 11B

990 reviewed and approved electronically by full board prior to submission.

Form 990, Page 6, Part VI, Line 12C

Board members submit written notice of conflicts on a form provided by the organization. All conflicts are then disclosed to full board.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors reviews comparable salary data as part of their review and approval of the salary for the executive director.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Historic Denver Inc
EIN
84-0605731
Phone
3035345288
Address
1420 OGDEN STREET SUITE 202, DENVER, CO 80218

Signing Officer

Name
Anne Levinsky
Title
Executive Director
Phone
3035345288
Signed
2018-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Levinsky
Formed
1970
Legal Domicile
Co
Voting Board Members
26
Independent Board Members
26
Employees
31
Volunteers
110

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Ken Roth
Phone
3038308109
Supplemental Narrative

Additional Explanations

Form 990, Part XI

Cost of goods sold: in the audit, the gross sales for the gift shop is included on the statement of revenue, and the cost of goods sold is shown on the statement of functional expenses. In the 990, according to irs guidelines, the cost of goods sold must be netted out of both revenue and expense. Therefore it is subtracted out of both revenue and expense here.

Form 990, Part XI, Line 9

Cost of goods sold 112,306 cost of goods sold -112,306

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

Historic denver has a policy of periodic physical inspection and assessment of properties on which it holds easements, which are followed by written reports to the owners with any perceived easement violations; compliance has generally been obtained through such communications.

Schedule D, Page 1, Part II, Line 9

Easements are not carried on historic denver's books as assets; all amounts contributed for future maintenance for the easements are recorded as current expenses in the period in which the cost is incurred.

Schedule D, Page 2, Part III, Line 4

Historic denver holds a collection of artifacts for public display and preservation at our property, the molly brown house museum, which is open to the public. These items support the organization's mission of education and preservation by serving as physical evidence of local history and architecture.

Schedule D, Page 2, Part IV, Line 1B

Historic denver manages preservation and restoration projects on behalf of qualified historic structures in the denver metro area. The owners of these structures provide the organization with funds, which are held and only released to conduct the agreed-upon work. These funds are used to match grant dollars provided by the colorado state historical fund for each specific project.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 112,306

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 112,306

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IRS990/Form990PartVIISectionAGrp/PersonNm5LUCY CLARK
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IRS990/Form990PartVIISectionAGrp/PersonNm7REBECCA ROGERS
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IRS990/Form990PartVIISectionAGrp/PersonNm23GARY PETRI
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IRS990/Form990PartVIISectionAGrp/PersonNm28STEVE WEIL
IRS990/Form990PartVIISectionAGrp/PersonNm29WILLIAM WENK
IRS990/Form990PartVIISectionAGrp/PersonNm30WALTER HUFF
IRS990/Form990PartVIISectionAGrp/PersonNm31ANNE LEVINSKY
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IRS990/Form990PartVIISectionAGrp/TitleTxt21ST VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt31EXECUTIVE DI
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IRS990/GrantsToOrganizationsInd0false
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01018
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IRS990/InformationTechnologyGrp/TotalAmt09582
IRS990/InsuranceGrp/FundraisingAmt01277
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IRS990/OtherExpensesGrp/Desc0RESTORATION COSTS
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2CAMPAIGN EXPENSE
IRS990/OtherExpensesGrp/Desc3EXHIBITS AND COLLECTIONS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03875

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.55$0.73$1.81$1.80$2.00$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.63$0.64$1.99$1.74$1.85$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.42$0.38$2.04$1.65$1.68$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.42$0.26$2.16$1.38$1.33$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.52$2.08$1.20$1.29$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.49$0.44$2.06$2.21$2.29$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.86$0.57$2.29$2.22$2.15$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.59$2.26$1.62$1.59$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.47$0.26$2.21$1.95$1.64$0.30
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.34$1.90$1.78$1.56$0.22
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.31$1.68$2.34$2.16$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.86$0.36$1.50$1.42$1.16$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.34$1.24$1.31
2011Summary only. Only limited summary data is available for this year.$1.49$0.36$1.13$1.40$1.35$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.54$1.08$1.75