Civic Intelligence

Creede Arts Council

EIN 84-1167512 • 501(c)3 • Creede, CO

Profile

promote the arts and humanities in Mineral County Colorado

PO Box 392Creede, CO 81130-0392
Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

63rd percentile

9.9%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$1,956

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

63rd percentile

5.3%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

46th percentile

-4.5%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$97,739

Up $4,940 (+5.3%) from 2021

Liabilities

Down

$2,803

Down $2,281 (-45%) from 2021

Net Assets

Up

$94,936

Up $7,221 (+8.2%) from 2021

Operations
Liabilities / Revenue80th percentileNet Margin63rd percentile

Revenue

Down

$42,676

Down $2,001 (-4.5%) from 2021

Expenses

Up

$38,455

Up $11,091 (+41%) from 2021

Net Income

Down

$4,221

Down $13,092 (-76%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$100K$50K$0Assets 2015: $42,749Liabilities 2015: $5,3302015Assets 2016: $42,502Liabilities 2016: $4182016Assets 2017: $58,354Liabilities 2017: $7,6862017Assets 2018: $59,232Liabilities 2018: $5,1312018Assets 2019: $63,704Liabilities 2019: $5,1532019Assets 2020: $77,932Liabilities 2020: $7,5302020Assets 2021: $92,799Liabilities 2021: $5,084Net Assets 2021: $87,7152021Assets 2022: $97,739Liabilities 2022: $2,803Net Assets 2022: $94,9362022

Highlighted filing

2022

Assets$97,739
Liabilities$2,803
Net Assets$94,936
Open 2022 Filing

Operations Trend

Revenue Growth46th percentile

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

$60K$40K$20K$0-$20KRevenue 2015: $19,053Expenses 2015: $22,852Net Income 2015: -$3,7992015Revenue 2016: $32,158Expenses 2016: $27,493Net Income 2016: $4,6652016Revenue 2017: $37,487Expenses 2017: $28,903Net Income 2017: $8,5842017Revenue 2018: $29,667Expenses 2018: $26,234Net Income 2018: $3,4332018Revenue 2019: $32,195Expenses 2019: $27,745Net Income 2019: $4,4502019Revenue 2020: $31,451Expenses 2020: $19,600Net Income 2020: $11,8512020Revenue 2021: $44,677Expenses 2021: $27,364Net Income 2021: $17,3132021Revenue 2022: $42,676Expenses 2022: $38,455Net Income 2022: $4,2212022

Highlighted filing

2022

Revenue$42,676
Expenses$38,455
Net Income$4,221
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,739
Liabilities
$2,803
Net assets
$94,936
Revenue
$42,676
Expenses
$38,455
Net income
$4,221
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$97.7$2.80$94.9$42.7$38.5$4.22
2021Detailed filing. Detailed filing data is available for this year.$92.8$5.08$87.7$44.7$27.4$17.3
2020Summary only. Only limited summary data is available for this year.$77.9$7.53$31.5$19.6$11.9
2019Summary only. Only limited summary data is available for this year.$63.7$5.15$32.2$27.7$4.45
2018Summary only. Only limited summary data is available for this year.$59.2$5.13$29.7$26.2$3.43
2017Summary only. Only limited summary data is available for this year.$58.4$7.69$37.5$28.9$8.58
2016Summary only. Only limited summary data is available for this year.$42.5$0.42$32.2$27.5$4.67
2015Summary only. Only limited summary data is available for this year.$42.7$5.33$19.1$22.9$3.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 3, 2023
Return Version
2022v5.0
Gross Receipts
$48,523
Mission and Program Overview

Mission

promote the arts and humanities in Mineral County Colorado

Program Services

DescriptionGrantsExpenses
Exhibits and education: Local regional and national artists show art in various exhibits: Photography Show Printmaking shows and events Literary Journal and Studio Tour featuring local artists and writers$0$21,409
Performances: Music in the Park free concerts at a city park. Free admission for the public$4,000$11,918
Maintenance of the art park an care of murals and sculptures CAC purchased a commissioned sculpture in 2022$0$4,716
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra WhitmoreTreasurer And BookkeeperPT$1,956-$1,956
Eloise HooperPresidentPT$0--
Steve ReynoldsTrustee-$0--
Frances EcheverriaCorresponding Secretary-$0--
John LawleyTrustee-$0--
Kerri BohanVice President-$0--
Charlene AmeelSecretary-$0--
Jody StrohTrustee-$0--
Megan MarinoTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Creede Arts Council
EIN
84-1167512
In Care Of
% Eloise Hooper
Address
PO BOX 392, CREEDE, CO 81130-0392

Signing Officer

Name
Eloise Hooper
Title
President
Signed
2023-05-03
Discuss with paid preparer
Yes

Preparer

Preparer
Debra Whitmore
Phone
7196580888
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| Creede Musical Arts Collective, $4000|”

Part I, line 16

“| Other Expenses:, Amount:| Sculpture Repairs and Installation, $1138| Marketing and Promotion Expenses, $8337| Insurance Expense, $1209| Fundraising, $413| Program Supplies, $3353|”

Part I, line 20

“| Explanation:, Amount:| Prior Period Adjustment for Sculpture deposit paid and expensed in 2019. Moved to asset in 2022., $3000|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Murals and Sculptures Employee Retention Credit Receivable, $50125, $55811|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Accounts Payable and Deferred Revenue, $5084, $2803|”

Raw XML Appendix197 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Creede Musical Arts Collective, $4000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Sculpture Repairs and Installation, $1138| Marketing and Promotion Expenses, $8337| Insurance Expense, $1209| Fundraising, $413| Program Supplies, $3353|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, Amount:| Prior Period Adjustment for Sculpture deposit paid and expensed in 2019. Moved to asset in 2022., $3000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Murals and Sculptures Employee Retention Credit Receivable, $50125, $55811|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:, BOYAmount:, EOYAmount:| Accounts Payable and Deferred Revenue, $5084, $2803|
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ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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