Civic Intelligence

Sprinkle Art Inc.

990 • Fiscal year 2016 • EIN 84-1526365

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

P O Box 1917Colorado Springs, CO 80901

(719) 597-3344

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$26,896

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

52nd percentile

2.9%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$117,058

Up $3,328 (+2.9%) from 2015

Net Assets

Up

$112,656

Up $2,434 (+2.2%) from 2015

Liabilities

Up

$4,402

Up $894 (+25%) from 2015

Revenue

Down

$151,429

Down $19,217 (-11%) from 2015

Expenses

Down

$148,995

Down $15,021 (-9.2%) from 2015

Net Income

Down

$2,434

Down $4,196 (-63%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $100,218Liabilities 2011: $7,149Net Assets 2011: $93,0692011Assets 2012: $85,563Liabilities 2012: $5,497Net Assets 2012: $80,0662012Assets 2013: $110,286Liabilities 2013: $6,749Net Assets 2013: $103,5372013Assets 2014: $113,924Liabilities 2014: $10,332Net Assets 2014: $103,5922014Assets 2015: $113,730Liabilities 2015: $3,508Net Assets 2015: $110,2222015Assets 2016: $117,058Liabilities 2016: $4,402Net Assets 2016: $112,6562016Assets 2017: $123,740Liabilities 2017: $16,044Net Assets 2017: $107,6962017Assets 2018: $118,206Liabilities 2018: $9,906Net Assets 2018: $108,3002018Assets 2019: $119,621Liabilities 2019: $20Net Assets 2019: $119,6012019Assets 2020: $76,540Liabilities 2020: $1,654Net Assets 2020: $74,8862020Assets 2021: $60,328Liabilities 2021: $2,449Net Assets 2021: $57,8792021Assets 2022: $123,614Liabilities 2022: $2,501Net Assets 2022: $121,1132022Assets 2023: $261,746Liabilities 2023: $637Net Assets 2023: $261,1092023

Highlighted filing

2016

Assets$117,058
Liabilities$4,402
Net Assets$112,656

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $262,357Expenses 2011: $272,304Net Income 2011: -$9,9472011Expenses 2012: $189,2142012Expenses 2013: $189,0172013Revenue 2014: $120,643Expenses 2014: $120,588Net Income 2014: $552014Revenue 2015: $170,646Expenses 2015: $164,016Net Income 2015: $6,6302015Revenue 2016: $151,429Expenses 2016: $148,995Net Income 2016: $2,4342016Revenue 2017: $163,034Expenses 2017: $167,994Net Income 2017: -$4,9602017Revenue 2018: $116,929Expenses 2018: $116,325Net Income 2018: $6042018Revenue 2019: $100,562Expenses 2019: $89,261Net Income 2019: $11,3012019Revenue 2020: $53,288Expenses 2020: $98,003Net Income 2020: -$44,7152020Revenue 2021: $5,741Expenses 2021: $22,748Net Income 2021: -$17,0072021Revenue 2022: $80,409Expenses 2022: $17,175Net Income 2022: $63,2342022Revenue 2023: $187,310Expenses 2023: $47,314Net Income 2023: $139,9962023

Highlighted filing

2016

Revenue$151,429
Expenses$148,995
Net Income$2,434
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$151,429
Mission and Program Overview

Mission

Imagination Celebration (IC) produces brain-stimulating, community-building, life-enhancing

Establish partnerships between schools, arts and resources, businesses and foundations for the enrichment of the students, teachers, parents and the community at large.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$45,737$43,361▼ $2,376
Pledges and Grants Receivable$47,750$41,500▼ $6,250
Cash and Non-Interest-Bearing Accounts$6,295$16,099▲ $9,804
Inventories for Sale or Use$13,920$15,220▲ $1,300
Accounts Receivable-$850-
Savings and Temporary Cash Investments$28$28→ $0
Total Assets$113,730$117,058▲ $3,328
Liabilities
Accounts Payable and Accrued Expenses$3,508$4,402▲ $894
Total Liabilities$3,508$4,402▲ $894
Net Assets / Fund Balance
Unrestricted Net Assets$110,222$112,656▲ $2,434
Total Net Assets Fund Balance$110,222$112,656▲ $2,434
Total Liabilities and Net Assets / Fund Balance$113,730$117,058▲ $3,328

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,583$29,259-
Leasehold Improvements$40,778$20,466-
Compensation and Service Providers

Employees

NameTitleBaseTotal
William MillerPresident$26,896$26,896

Board Members and Trustees

NameTitle
Deborah ThorntonExecutive Director
Stacey SprewerSecretary
Stacy HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$80,322
Program Service Revenue
$66,210
Investment Income
$7
Other Revenue
$4,890
All Other Contributions
$64,322
Change in Net Assets
$2,434
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,531
Salaries, Compensation, and Employee Benefits$37,464
Total Fundraising Expense$4,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$53,949$0$0$53,949
Current Officers, Directors, Trustees, and Key Employees$20,172$3,362$3,362$26,896
Other Expenses$22,367$0$0$22,367
Other Salaries and Wages$6,543$0$0$6,543
Fees for Services Management$5,813$0$0$5,813
Insurance$4,199$466$0$4,665
Advertising$4,078$0$0$4,078
Payroll Taxes$3,218$404$403$4,025
Office Expenses$3,048$474$0$3,522
Information Technology$2,804$351$350$3,505
Depreciation Depletion$2,138$238$0$2,376
Travel$1,590$14$0$1,604
Occupancy$656$253$45$954
Interest$0$357$0$357
Conferences and Meetings$250$0$0$250
Total Functional Expenses$136,963$7,872$4,160$148,995
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sprinkle Art Inc
EIN
84-1526365
Phone
7195973344
Address
P O Box 1917, Colorado Springs, CO 80901

Signing Officer

Name
Deborah Thornton
Title
Executive Director
Phone
7195973344
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
60

Preparer

Firm
Gregory Jamieson
Address
615 N Nevada Ave, Colorado Springs, CO 80903
Preparer
Gregory Jamieson
Phone
7194406062
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is reviewed by the Executive Director before it is filed. The board has access to the 990 as needed.

Pt VI, Line 12C

Board Members annually disclose any potential conflicts of interest.

Pt VI, Line 15A

The Board independently reviews salary criteria for the Executive Director (the only individual requiring such a review).

Pt VI, Line 18

The 990 is available upon request.

Form 990, Part IX, Line 24E

Dragon Theater Program 3165. 3165. 0. 0.

Form 990, Part IX, Line 24E

IF Program 35287. 35287. 0. 0.

Form 990, Part IX, Line 24E

Artists, Performers, Honorariums 14952. 14952. 0. 0.

Form 990, Part IX, Line 24E

Volunteers 545. 545. 0. 0.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt098806
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0103073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0140824
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0113362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0535962
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt048
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0297899
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02726
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06086
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78940
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.74630
IRS990ScheduleA/PublicSupportTotal170Amt0427908
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0108054
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt098806
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0103073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0140824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0113362
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0535962
IRS990ScheduleA/TotalSupportAmt0542096
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/EquipmentGrp/BookValueAmt02583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029259
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt031842
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt040778
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt020466
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt061244
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043361
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is reviewed by the Executive Director before it is filed. The board has access to the 990 as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Members annually disclose any potential conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board independently reviews salary criteria for the Executive Director (the only individual requiring such a review).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dragon Theater Program 3165. 3165. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IF Program 35287. 35287. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Artists, Performers, Honorariums 14952. 14952. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Volunteers 545. 545. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0113730
IRS990/TotalAssetsEOYAmt0117058
IRS990/TotalAssetsGrp/BOYAmt0113730
IRS990/TotalAssetsGrp/EOYAmt0117058
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt080322
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04160
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07872
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0136963
IRS990/TotalFunctionalExpensesGrp/TotalAmt0148995
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03508
IRS990/TotalLiabilitiesEOYAmt04402
IRS990/TotalLiabilitiesGrp/BOYAmt03508
IRS990/TotalLiabilitiesGrp/EOYAmt04402
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0110222
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0112656
IRS990/TotalProgramServiceExpensesAmt0136963
IRS990/TotalProgramServiceRevenueAmt066210
IRS990/TotalReportableCompFromOrgAmt026896
IRS990/TotalRevenueGrp/ExclusionAmt07
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt071100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0151429
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0113730
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0117058
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt014
IRS990/TravelGrp/ProgramServicesAmt01590
IRS990/TravelGrp/TotalAmt01604
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0110222
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0112656
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 1917
IRS990/USAddress/CityNm0Colorado Springs
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080901
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.imaginationcelebration.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBORAH THORNTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07195973344
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sprinkle Art Inc
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0841526365
ReturnHeader/Filer/PhoneNum07195973344
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 1917
ReturnHeader/Filer/USAddress/CityNm0Colorado Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080901
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gregory Jamieson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0615 N Nevada Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080903
ReturnHeader/PreparerPersonGrp/PhoneNum07194406062

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.01$2.61$1.87$0.47$1.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.03$1.21$0.80$0.17$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.02$0.58$0.06$0.23$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.02$0.75$0.53$0.98$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.00$1.20$1.01$0.89$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.10$1.08$1.17$1.16$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.16$1.08$1.63$1.68$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.04$1.13$1.51$1.49$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.10$1.71$1.64$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.10$1.04$1.21$1.21$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.07$1.04$1.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.05$0.80$1.89
2011Summary only. Only limited summary data is available for this year.$1.00$0.07$0.93$2.62$2.72$0.10