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

72nd percentile

0.03x

Higher debt load relative to assets than 72% 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

82nd percentile

$1,956

Higher top officer pay than 82% 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

48th percentile

-4.5%

Faster revenue growth than 48% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets72nd 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 Growth48th 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 Creede and Mineral County Colorado

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 Pay82nd 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|
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Murals and Sculptures Employee Retention Credit Receivable, $50125, $55811|
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/ReturnTs02023-05-03T13:51:03-04:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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