Civic Intelligence

Center of Southwest Culture Inc.

990 • Fiscal year 2013 • EIN 85-0402832

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 05, 2014

500 Copper NW87102

(505) 247-2729

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

-$41,063

Down $116,736 (-154%) from 2012

Net Assets

Down

-$43,918

Down $119,591 (-158%) from 2012

Liabilities

Up

$2,855

Up $2,855 from 2012

Revenue And Expenses

Revenue

$508,184

No earlier filing loaded for comparison.

Expenses

Down

$566,773

Down $455,099 (-45%) from 2012

Net Income

-$58,589

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $213,882Liabilities 2010: $320,606Net Assets 2010: -$106,7242010Assets 2011: $220,192Liabilities 2011: $108,200Net Assets 2011: $111,9922011Assets 2012: $75,673Liabilities 2012: $0Net Assets 2012: $75,6732012Assets 2013: -$41,063Liabilities 2013: $2,855Net Assets 2013: -$43,9182013Assets 2013: -$41,062Liabilities 2013: $22,855Net Assets 2013: -$63,9172013Assets 2014: $127,538Liabilities 2014: $60,777Net Assets 2014: $66,7612014Assets 2015: $454,497Liabilities 2015: $19,894Net Assets 2015: $434,6032015Assets 2016: $778,592Liabilities 2016: $34,610Net Assets 2016: $743,9822016Assets 2017: $495,684Liabilities 2017: $60,213Net Assets 2017: $435,4712017Assets 2018: $225,627Liabilities 2018: $64,461Net Assets 2018: $161,1662018Assets 2019: $1,441,147Liabilities 2019: $6,867Net Assets 2019: $1,434,2802019Assets 2020: $1,605,353Liabilities 2020: $13,150Net Assets 2020: $1,592,2032020Assets 2021: $1,552,874Liabilities 2021: $148,018Net Assets 2021: $1,404,8562021Assets 2022: $2,907,769Liabilities 2022: $304,190Net Assets 2022: $2,603,5792022Assets 2023: $2,508,167Liabilities 2023: $135,888Net Assets 2023: $2,372,2792023Assets 2024: $3,007,371Liabilities 2024: $715,604Net Assets 2024: $2,291,7672024

Highlighted filing

2013

Assets-$41,063
Liabilities$2,855
Net Assets-$43,918

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $269,2482010Revenue 2011: $1,196,208Expenses 2011: $1,230,334Net Income 2011: -$34,1262011Expenses 2012: $1,021,8722012Revenue 2013: $508,184Expenses 2013: $566,773Net Income 2013: -$58,5892013Revenue 2013: $488,185Expenses 2013: $566,773Net Income 2013: -$78,5882013Revenue 2014: $660,594Expenses 2014: $638,974Net Income 2014: $21,6202014Revenue 2015: $1,039,299Expenses 2015: $671,457Net Income 2015: $367,8422015Revenue 2016: $1,316,843Expenses 2016: $1,015,797Net Income 2016: $301,0462016Revenue 2017: $730,491Expenses 2017: $1,039,002Net Income 2017: -$308,5112017Revenue 2018: $527,100Expenses 2018: $801,405Net Income 2018: -$274,3052018Revenue 2019: $2,139,760Expenses 2019: $866,646Net Income 2019: $1,273,1142019Revenue 2020: $1,172,059Expenses 2020: $1,014,136Net Income 2020: $157,9232020Revenue 2021: $1,362,802Expenses 2021: $1,488,191Net Income 2021: -$125,3892021Revenue 2022: $4,019,903Expenses 2022: $2,818,346Net Income 2022: $1,201,5572022Revenue 2023: $3,422,904Expenses 2023: $3,654,204Net Income 2023: -$231,3002023Revenue 2024: $4,649,954Expenses 2024: $4,730,466Net Income 2024: -$80,5122024

Highlighted filing

2013

Revenue$508,184
Expenses$566,773
Net Income-$58,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 5, 2014
Return Version
2013v3.0
Gross Receipts
$508,184
Mission and Program Overview

Mission

Promote the peoples and cultures of the greater southwest through economic development, educational and cultural programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,850$27,801▲ $3,951
Accounts Receivable-$5,000-
Cash and Non-Interest-Bearing Accounts$51,823$-73,893▼ $125,716
Other Assets Total$0$29▲ $29
Total Assets$75,673$-41,063▼ $116,736
Liabilities
Accounts Payable and Accrued Expenses-$2,155-
Unsecured Notes Loans Payable-$700-
Total Liabilities$0$2,855▲ $2,855
Net Assets / Fund Balance
Unrestricted Net Assets$75,673$-43,918▼ $119,591
Total Net Assets Fund Balance$75,673$-43,918▼ $119,591
Total Liabilities and Net Assets / Fund Balance$75,673$-41,063▼ $116,736

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,801$5,618$33,419
Other Assets Org$29--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arturo SandovalPresidentFT$43,200$2,500$45,700

Board Members and Trustees

NameTitle
Juan AbeytaVice President
Alan MarksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$356,823
Program Service Revenue
$135,829
Investment Income
$0
Other Revenue
$15,532
All Other Contributions
$295,077
Change in Net Assets
$-58,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$444,462
Salaries, Compensation, and Employee Benefits$122,311
Total Fundraising Expense$27,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$248,403$47,276$15,525$311,204
Other Salaries and Wages$58,134$10,900$3,633$72,667
Current Officers, Directors, Trustees, and Key Employees$34,561$6,480$2,159$43,200
Occupancy$14,488$3,123$1,041$18,652
Travel$11,944$2,239$747$14,930
Office Expenses$13,304$1,122$375$14,801
All Other Expenses$7,984$1,627$598$10,209
Information Technology$5,192$926$309$6,427
Payroll Taxes$5,024$942$314$6,280
Insurance$4,866$912$305$6,083
Depreciation Depletion$4,320$810$270$5,400
Advertising$4,079$765$255$5,099
Other Expenses$3,346$627$209$4,182
Conferences and Meetings$326$326-$652
Other Employee Benefits$164--$164
Total Functional Expenses$451,544$87,276$27,953$566,773
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$661
Fundraising Direct Expenses$0
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management services were provided for part of the year by an outside entity owned by the president of the organization.

Form 990, Part VI, Section A, Line 8B

There were no committees with authorization to conduct the business of the board.

Form 990, Part VI, Section B, Line 11

The draft 990 is reviewed by the president and after approval the final copy is provided to the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The board reviews the conflict of interest and other policies annually for compliance and possible amendment.

Form 990, Part VI, Section C, Line 19

The information is made available upon request.

Filing and Contact Details

Filer

EIN
85-0402832
Phone
5052472729

Signing Officer

Name
Arturo Sandoval
Title
President
Phone
5052472729
Signed
2014-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arturo Sandoval
Formed
1991
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
2
Employees
5
Volunteers
1

Preparer

Preparer
Farley Vener
Phone
5058838788
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Stipends: program service expenses 0. Management and general expenses 700. Fundraising expenses 0. Total expenses 700. Contract labor: program service expenses 243,958. Management and general expenses 45,742. Fundraising expenses 15,248. Total expenses 304,948. Service fees: program service expenses 1,790. Management and general expenses 336. Fundraising expenses 112. Total expenses 2,238. Professional fees: program service expenses 2,655. Management and general expenses 498. Fundraising expenses 165. Total expenses 3,318.

Financial Statement Notes

PART X, LINE 2:

The organization adopted the provisions of fasb asc 740-10-25 (formerly fasb interpretation no. 48, accounting for uncertainty in income taxes "asc 740-10-25'). Under asc 740-10-25, an organiztion must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The implementation of asc 740-10-25 had no impact on the financial statements of center of southwest culture's financial statements. The center does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. For the years ended december 2010, 2011, and 2012, there were no interest or penalties recorded or included in the financial statements.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01401
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0183940
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt03594386
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0356823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0801715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01166615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0447269
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0821964
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03594386
IRS990ScheduleA/TotalSupportAmt03595787
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt027801
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05618
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033419
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER CURRENT ASSET
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB ASC 740-10-25 (FORMERLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES "ASC 740-10-25'). UNDER ASC 740-10-25, AN ORGANIZTION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF ASC 740-10-25 HAD NO IMPACT ON THE FINANCIAL STATEMENTS OF CENTER OF SOUTHWEST CULTURE'S FINANCIAL STATEMENTS. THE CENTER DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 2010, 2011, AND 2012, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027801
IRS990ScheduleD/TotalBookValueOtherAssetsAmt029
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT SERVICES WERE PROVIDED FOR PART OF THE YEAR BY AN OUTSIDE ENTITY OWNED BY THE PRESIDENT OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO COMMITTEES WITH AUTHORIZATION TO CONDUCT THE BUSINESS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DRAFT 990 IS REVIEWED BY THE PRESIDENT AND AFTER APPROVAL THE FINAL COPY IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS THE CONFLICT OF INTEREST AND OTHER POLICIES ANNUALLY FOR COMPLIANCE AND POSSIBLE AMENDMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE INFORMATION IS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STIPENDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 700. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 243,958. MANAGEMENT AND GENERAL EXPENSES 45,742. FUNDRAISING EXPENSES 15,248. TOTAL EXPENSES 304,948. SERVICE FEES: PROGRAM SERVICE EXPENSES 1,790. MANAGEMENT AND GENERAL EXPENSES 336. FUNDRAISING EXPENSES 112. TOTAL EXPENSES 2,238. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,655. MANAGEMENT AND GENERAL EXPENSES 498. FUNDRAISING EXPENSES 165. TOTAL EXPENSES 3,318.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt075673
IRS990/TotalAssetsEOYAmt0-41063
IRS990/TotalAssetsGrp/BOYAmt075673
IRS990/TotalAssetsGrp/EOYAmt0-41063
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0356823
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027953
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt087276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0451544
IRS990/TotalFunctionalExpensesGrp/TotalAmt0566773
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt02855
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02855
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075673
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-43918
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0451544
IRS990/TotalProgramServiceRevenueAmt0135829
IRS990/TotalReportableCompFromOrgAmt043200
IRS990/TotalRevenueGrp/ExclusionAmt0661
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150700
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0508184
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt075673
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0-41063
IRS990/TotReportableCompRltdOrgAmt02500
IRS990/TravelGrp/FundraisingAmt0747
IRS990/TravelGrp/ManagementAndGeneralAmt02239
IRS990/TravelGrp/ProgramServicesAmt011944
IRS990/TravelGrp/TotalAmt014930
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt075673
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-43918
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0700
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10500 COPPER NW
IRS990/USAddress/City0ALBUQUERQUE
IRS990/USAddress/State0NM
IRS990/USAddress/ZIPCode087102
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.CENTEROFSOUTHWESTCULTURE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ARTURO SANDOVAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05052472729
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine10CENTER OF SOUTHWEST CULTURE INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0850402832
ReturnHeader/Filer/PhoneNum05052472729
ReturnHeader/Filer/USAddress/AddressLine10500 COPPER NW
ReturnHeader/Filer/USAddress/City0ALBUQUERQUE
ReturnHeader/Filer/USAddress/State0NM
ReturnHeader/Filer/USAddress/ZIPCode087102
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850232815
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HINKLE LANDERS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102500 9TH STREET NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ALBUQUERQUE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.72$2.29$4.65$4.73$0.08
2023Summary only. Only limited summary data is available for this year.$2.51$0.14$2.37$3.42$3.65$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.30$2.60$4.02$2.82$1.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.15$1.40$1.36$1.49$0.13
2020Summary only. Only limited summary data is available for this year.$1.61$0.01$1.59$1.17$1.01$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.01$1.43$2.14$0.87$1.27
2018Summary only. Only limited summary data is available for this year.$0.23$0.06$0.16$0.53$0.80$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.06$0.44$0.73$1.04$0.31
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.03$0.74$1.32$1.02$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$1.04$0.67$0.37
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.06$0.07$0.66$0.64$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.06$0.49$0.57$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.51$0.57$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$1.02
2011Summary only. Only limited summary data is available for this year.$0.22$0.11$0.11$1.20$1.23$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.32$0.11$0.27