Civic Intelligence

Carson Valley Arts Council

990 • Fiscal year 2018 • EIN 84-1653859

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 13, 2018

PO Box 244Minden, NV 89423

(775) 782-8207

Siviq Scores

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

Liabilities / Assets

88th percentile

0.76x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

13.77x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.8%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-9.9%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$1,809,124

Flat from 2018

Net Assets

Flat

$430,327

Flat from 2018

Liabilities

Flat

$1,378,797

Flat from 2018

Revenue

Flat

$100,144

Flat from 2018

Expenses

Flat

$115,765

Flat from 2018

Net Income

Flat

-$15,621

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,940,228Liabilities 2012: $1,504,225Net Assets 2012: $436,0032012Assets 2013: $1,922,118Liabilities 2013: $1,501,999Net Assets 2013: $420,1192013Assets 2014: $1,942,673Liabilities 2014: $1,503,229Net Assets 2014: $439,4442014Assets 2015: $1,953,623Liabilities 2015: $1,503,050Net Assets 2015: $450,5732015Assets 2016: $1,956,800Liabilities 2016: $1,501,963Net Assets 2016: $454,8372016Assets 2017: $1,824,141Liabilities 2017: $1,378,193Net Assets 2017: $445,9482017Assets 2018: $1,809,124Liabilities 2018: $1,378,797Net Assets 2018: $430,3272018Assets 2018: $1,809,124Liabilities 2018: $1,378,797Net Assets 2018: $430,3272018Assets 2019: $1,799,734Liabilities 2019: $754,193Net Assets 2019: $1,045,5412019Assets 2020: $1,805,837Liabilities 2020: $753,245Net Assets 2020: $1,052,5922020Assets 2021: $1,838,304Liabilities 2021: $714,215Net Assets 2021: $1,124,0892021Assets 2022: $1,849,075Liabilities 2022: $687,241Net Assets 2022: $1,161,8342022Assets 2023: $1,851,273Liabilities 2023: $646,229Net Assets 2023: $1,205,0442023Assets 2024: $1,903,457Liabilities 2024: $629,334Net Assets 2024: $1,274,1232024Assets 2025: $1,902,160Liabilities 2025: $621,183Net Assets 2025: $1,280,9772025

Highlighted filing

2018

Assets$1,809,124
Liabilities$1,378,797
Net Assets$430,327

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $126,1942012Revenue 2013: $116,079Expenses 2013: $131,963Net Income 2013: -$15,8842013Revenue 2014: $152,162Expenses 2014: $132,837Net Income 2014: $19,3252014Revenue 2015: $144,996Expenses 2015: $133,867Net Income 2015: $11,1292015Revenue 2016: $137,910Expenses 2016: $133,645Net Income 2016: $4,2652016Revenue 2017: $111,153Expenses 2017: $120,042Net Income 2017: -$8,8892017Revenue 2018: $100,144Expenses 2018: $115,765Net Income 2018: -$15,6212018Revenue 2018: $100,144Expenses 2018: $115,765Net Income 2018: -$15,6212018Revenue 2019: $744,172Expenses 2019: $128,955Net Income 2019: $615,2172019Revenue 2020: $110,021Expenses 2020: $103,043Net Income 2020: $6,9782020Revenue 2021: $151,480Expenses 2021: $79,985Net Income 2021: $71,4952021Revenue 2022: $155,390Expenses 2022: $117,645Net Income 2022: $37,7452022Revenue 2023: $181,332Expenses 2023: $138,123Net Income 2023: $43,2092023Revenue 2024: $190,276Expenses 2024: $121,197Net Income 2024: $69,0792024Revenue 2025: $164,643Expenses 2025: $157,789Net Income 2025: $6,8542025

Highlighted filing

2018

Revenue$100,144
Expenses$115,765
Net Income-$15,621
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 13, 2018
Return Version
2017v2.2
Gross Receipts
$115,661
Mission and Program Overview

Mission

The mission of the Carson Valley Arts Council is to create a climate for the arts through the presentation and promotion of cultural and educational events for the Carson Valley youth and community and the greater Western Nevada/Lake Tahoe Region.

To create a climate for the arts through the presentation and promotion of cultural and educational events for the Carson Valley youth and community and the greater Western Nevada/Lake Tahoe Region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,756,046$1,735,630▼ $20,416
Cash and Non-Interest-Bearing Accounts$51,361$40,985▼ $10,376
Savings and Temporary Cash Investments$14,365$30,436▲ $16,071
Intangible Assets$1,377$1,106▼ $271
Prepaid Expenses and Deferred Charges$800$800→ $0
Accounts Receivable$192$167▼ $25
Total Assets$1,824,141$1,809,124▼ $15,017
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,375,000$1,375,000→ $0
Other Liabilities$3,193$3,797▲ $604
Total Liabilities$1,378,193$1,378,797▲ $604
Net Assets / Fund Balance
Unrestricted Net Assets$445,948$430,327▼ $15,621
Total Net Assets Fund Balance$445,948$430,327▼ $15,621
Total Liabilities and Net Assets / Fund Balance$1,824,141$1,809,124▼ $15,017

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,200,000-$1,200,000
Buildings$524,394$190,199$714,593
Equipment$11,236$26,455$37,691
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian FitzgeraldPresident
Lea BonnerVice President
Bonnie RogersDirector
Dolores ZukoskiDirector
Jennifer YturbideDirector
Joe HoovenDirector
Nick PchelkinDirector
Sharon Hoelscher DayDirector
Sharon SchlegelSec Treas and Exec Director
Revenue and Support

Revenue Composition

Contributions and Grants
$20,734
Program Service Revenue
$59,174
Investment Income
$16
Other Revenue
$20,220
Change in Net Assets
$-15,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,765
Total Fundraising Expense$153
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$24,469$1,512-$25,981
Interest$19,406$6,469-$25,875
Depreciation Depletion$20,416--$20,416
Occupancy$8,122$7,050$153$15,325
All Other Expenses$12,007$1,041-$13,048
Fees for Services Accounting$1,422$1,422-$2,844
Office Expenses$568$190-$758
Insurance$558$186-$744
Information Technology$423$141-$564
Travel$127$172-$299
Advertising$289--$289
Other Expenses$271--$271
Total Functional Expenses$97,429$18,183$153$115,765
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits and prepaid$3,797
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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

Members or stockholder classes and rights Part VI line 6

The organization has members.

Member election for additional members Part VI line 7A

Members may attend the annual meeting and approve the slate of officers presented by the Board.

Form 990 governing body review Part VI line 11

The organization has developed a procedure that includes a time line dictating completion of draft return, presentation to each Board member and responses

Conflict of interest policy compliance Part VI line 12C

All possible conflicts are addressed at Board meetings.

Governing documents etc available to public Part VI line 19

The governing documents are available at the organizations office during normal business hours. Form 990 is also posted on the Guidestar Web Site.

Filing and Contact Details

Filer

Filer Name
Carson Valley Arts Council
EIN
84-1653859
Address
PO Box 244, Minden, NV 89423

Signing Officer

Name
Sharon Schlagel
Title
Secretary Treas
Phone
7757828207
Signed
2018-12-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Fitzgerald
Formed
2004
Legal Domicile
Nv
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
Carson Valley Accounting LLC
Address
1663 US Hwy 395 N Ste 201, Minden, NV 89423
Preparer
Linda Rush CPA
Phone
7757827874
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other fees include outside professional fees, talent fees and contract services.

List of other expenses Part IX line 24E

Other expenses include equipment rent, miscellaneous event expenses, food and supplies and credit card fees

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0Nevada Arts Council Partners in Excellence Tier 3 Grant. Purpose of grant was operating support and Youth Arts Education program. Program Matching grant with CVAC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04710
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt025303
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt018
IRS990/PYOtherExpensesAmt0120042
IRS990/PYOtherRevenueAmt022433
IRS990/PYProgramServiceRevenueAmt063399
IRS990/PYRevenuesLessExpensesAmt0-8889
IRS990/PYTotalExpensesAmt0120042
IRS990/PYTotalRevenueAmt0111153
IRS990/ReconcilationRevenueExpnssAmt0-15621
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt020220
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt054464
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014365
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030436
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025303
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt042052
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046488
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt070489
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0205066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt079374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt085272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt070647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt098044
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt095827
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0429164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0289
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0560
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0208
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0925
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal509Amt0634230
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0100108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0110575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0112699
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0144532
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0166316
IRS990ScheduleA/Total509Grp/TotalAmt0634230
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0100124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0111153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0113010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0144767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0166390
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0635444
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0524394
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0190199
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0714593
IRS990ScheduleD/EquipmentGrp/BookValueAmt011236
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026455
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037691
IRS990ScheduleD/LandGrp/BookValueAmt01200000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01200000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03797
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deposits and prepaid
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01735630
IRS990ScheduleD/TotalLiabilityAmt03797
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members may attend the annual meeting and approve the slate of officers presented by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has developed a procedure that includes a time line dictating completion of draft return, presentation to each Board member and responses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All possible conflicts are addressed at Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents are available at the organizations office during normal business hours. Form 990 is also posted on the Guidestar Web Site.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other fees include outside professional fees, talent fees and contract services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other expenses include equipment rent, miscellaneous event expenses, food and supplies and credit card fees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01824141
IRS990/TotalAssetsEOYAmt01809124
IRS990/TotalAssetsGrp/BOYAmt01824141
IRS990/TotalAssetsGrp/EOYAmt01809124
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt020734
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0153
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018183
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt097429
IRS990/TotalFunctionalExpensesGrp/TotalAmt0115765
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01378193
IRS990/TotalLiabilitiesEOYAmt01378797
IRS990/TotalLiabilitiesGrp/BOYAmt01378193
IRS990/TotalLiabilitiesGrp/EOYAmt01378797
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0445948
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0430327
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt097429
IRS990/TotalProgramServiceRevenueAmt059174
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079410
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100144
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01824141
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01809124

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.62$1.28$0.16$0.16$0.01
2024Summary only. Only limited summary data is available for this year.$1.90$0.63$1.27$0.19$0.12$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.65$1.21$0.18$0.14$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.69$1.16$0.16$0.12$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.71$1.12$0.15$0.08$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.75$1.05$0.11$0.10$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.75$1.05$0.74$0.13$0.62
2018Detailed filing. Detailed filing data is available for this year.$1.81$1.38$0.43$0.10$0.12$0.02
2018Summary only. Only limited summary data is available for this year.$1.81$1.38$0.43$0.10$0.12$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$1.38$0.45$0.11$0.12$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.96$1.50$0.45$0.14$0.13$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.95$1.50$0.45$0.14$0.13$0.01
2014Summary only. Only limited summary data is available for this year.$1.94$1.50$0.44$0.15$0.13$0.02
2013Summary only. Only limited summary data is available for this year.$1.92$1.50$0.42$0.12$0.13$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$1.50$0.44$0.13