Civic Intelligence

Ballet Arizona

990 • Fiscal year 2014 • EIN 86-0367773

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 21, 2015

2835 E Washington St85034

(602) 381-0184

Siviq Scores

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

Liabilities / Assets

56th percentile

0.24x

Higher debt load relative to assets than 56% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.28x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

29th percentile

-2.3%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$219,300

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

10th percentile

-8.7%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-18%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$7,927,584

Down $759,751 (-8.7%) from 2013

Net Assets

Down

$5,992,287

Down $157,762 (-2.6%) from 2013

Liabilities

Down

$1,935,297

Down $601,989 (-24%) from 2013

Revenue

Down

$6,897,175

Down $1,510,184 (-18%) from 2013

Expenses

Up

$7,054,937

Up $542,294 (+8.3%) from 2013

Net Income

Down

-$157,762

Down $2,052,478 (-108%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $4,919,380Liabilities 2011: $1,485,119Net Assets 2011: $3,434,2612011Assets 2012: $5,447,981Liabilities 2012: $1,157,274Net Assets 2012: $4,290,7072012Assets 2013: $8,687,335Liabilities 2013: $2,537,286Net Assets 2013: $6,150,0492013Assets 2014: $7,927,584Liabilities 2014: $1,935,297Net Assets 2014: $5,992,2872014Assets 2015: $7,753,820Liabilities 2015: $913,565Net Assets 2015: $6,840,2552015Assets 2016: $10,818,465Liabilities 2016: $746,207Net Assets 2016: $10,072,2582016Assets 2017: $11,283,326Liabilities 2017: $1,019,555Net Assets 2017: $10,263,7712017Assets 2018: $10,625,753Liabilities 2018: $790,755Net Assets 2018: $9,834,9982018Assets 2019: $9,844,216Liabilities 2019: $982,788Net Assets 2019: $8,861,4282019Assets 2020: $10,824,132Liabilities 2020: $1,344,310Net Assets 2020: $9,479,8222020Assets 2021: $11,465,321Liabilities 2021: $625,264Net Assets 2021: $10,840,0572021Assets 2022: $16,135,700Liabilities 2022: $948,044Net Assets 2022: $15,187,6562022Assets 2023: $19,335,570Liabilities 2023: $965,531Net Assets 2023: $18,370,0392023Assets 2024: $19,231,112Liabilities 2024: $1,033,676Net Assets 2024: $18,197,4362024

Highlighted filing

2014

Assets$7,927,584
Liabilities$1,935,297
Net Assets$5,992,287

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $8,698,161Expenses 2011: $5,883,134Net Income 2011: $2,815,0272011Revenue 2012: $7,546,663Expenses 2012: $6,690,217Net Income 2012: $856,4462012Revenue 2013: $8,407,359Expenses 2013: $6,512,643Net Income 2013: $1,894,7162013Revenue 2014: $6,897,175Expenses 2014: $7,054,937Net Income 2014: -$157,7622014Revenue 2015: $8,285,048Expenses 2015: $7,437,080Net Income 2015: $847,9682015Revenue 2016: $10,880,942Expenses 2016: $7,631,362Net Income 2016: $3,249,5802016Revenue 2017: $7,559,620Expenses 2017: $7,342,498Net Income 2017: $217,1222017Revenue 2018: $7,904,897Expenses 2018: $7,721,190Net Income 2018: $183,7072018Revenue 2019: $6,961,235Expenses 2019: $8,371,818Net Income 2019: -$1,410,5832019Revenue 2020: $8,641,217Expenses 2020: $7,818,329Net Income 2020: $822,8882020Revenue 2021: $6,255,701Expenses 2021: $5,779,398Net Income 2021: $476,3032021Revenue 2022: $14,278,650Expenses 2022: $8,946,421Net Income 2022: $5,332,2292022Revenue 2023: $12,721,886Expenses 2023: $9,807,613Net Income 2023: $2,914,2732023Revenue 2024: $10,172,411Expenses 2024: $10,940,559Net Income 2024: -$768,1482024

Highlighted filing

2014

Revenue$6,897,175
Expenses$7,054,937
Net Income-$157,762
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$6,959,054
Mission and Program Overview

Mission

To ignite the human spirit through the magic of dance. Ballet arizona's vision is ballet for everyone.

Teach create and perform outstanding classical and contemporary ballet

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,093,725$5,253,235▲ $159,510
Pledges and Grants Receivable$1,653,943$1,461,717▼ $192,226
Cash and Non-Interest-Bearing Accounts$1,468,151$1,028,447▼ $439,704
Savings and Temporary Cash Investments$367,132$101,068▼ $266,064
Prepaid Expenses and Deferred Charges$64,602$60,509▼ $4,093
Inventories for Sale or Use$14,391$20,438▲ $6,047
Accounts Receivable$25,391$2,170▼ $23,221
Total Assets$8,687,335$7,927,584▼ $759,751
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,011,251$1,144,523▼ $866,728
Deferred Revenue$456,016$454,001▼ $2,015
Accounts Payable and Accrued Expenses$70,019$336,773▲ $266,754
Total Liabilities$2,537,286$1,935,297▼ $601,989
Net Assets / Fund Balance
Unrestricted Net Assets$1,218,646$4,323,034▲ $3,104,388
Temporarily Rstr Net Assets$4,831,004$1,567,854▼ $3,263,150
Permanently Rstr Net Assets$100,399$101,399▲ $1,000
Total Net Assets Fund Balance$6,150,049$5,992,287▼ $157,762
Total Liabilities and Net Assets / Fund Balance$8,687,335$7,927,584▼ $759,751

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,785,959$146,168$3,932,127
Equipment$1,467,276$1,438,887$2,906,163

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$100,399$749,844--$850,243
2012$100,399---$100,399
2011$100,399---$100,399
2010$100,399---$100,399
2009$100,399---$100,399
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gwen HillisChairman Emeritas-$219,300$5,689$224,989
Jerry HardenBoard Member Emeritus-$147,462-$147,462
David TompkinsExecutive DirectorFT$104,339-$104,339
Carol WhitemanBoard Member Emeritas-$68,769-$68,769
Mark KochmanFinance DirectorFT$11,692-$11,692

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Phoenix SymphonyOrchestra-$312,600
Arizona RepublicPrint Advertising-$181,240
Revenue and Support

Revenue Composition

Contributions and Grants
$2,613,937
Program Service Revenue
$4,183,676
Investment Income
$1,728
Other Revenue
$97,834
All Other Contributions
$2,438,213
Change in Net Assets
$-157,762

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$196,142Cost
Other Non Cash Contri Table1$39,278Cost
Total Noncash Contributions2$235,420-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,897,175
Revenue Not Reported on Form 990
$149,169
Total Revenue per Audited Statements
$7,046,344
Total Revenue per Form 990
$6,897,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,569,612
Other Expenses$3,429,625
Total Fundraising Expense$237,522
Professional Fundraising Fees$55,700
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,429,917$52,256$130,641$2,612,814
Advertising$1,012,959--$1,012,959
Current Officers, Directors, Trustees, and Key Employees$195,869$239,396-$435,265
Depreciation Depletion-$349,752-$349,752
Other Employee Benefits$243,157$13,975$22,359$279,491
Payroll Taxes$193,634$33,886$14,522$242,042
Fees for Services Other-$240,482-$240,482
Insurance-$227,070-$227,070
Occupancy-$218,509-$218,509
Other Expenses$199,015-$3,000$199,015
All Other Expenses$62,681$47,540$9,832$120,053
Royalties$97,240--$97,240
Fees for Services Professional Fundraising--$55,700$55,700
Fees for Services Accounting-$27,615-$27,615
Office Expenses$15,653$7,337$1,468$24,458
Travel$15,299--$15,299
Interest-$6,353-$6,353
Total Functional Expenses$5,353,244$1,464,171$237,522$7,054,937

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,204,106
Expenses per Audited Statements$7,054,937
Total Expenses per Form 990$7,054,937
Expenses Not Reported on Form 990$149,169
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$55,700
Fundraising Gross Income$31,370
Fundraising Direct Expenses$12,396

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$34,770$31,370$12,396$18,974
Total Events$34,770$31,370$12,396$18,974
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Linda Mac PerlichBoard MemberMediaNo$15,618
Randy SchillingBoard MemberConsultingNo$12,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 15

The board of directors reviewed and approved the compensation of the executive and artistic directors. Compensation decisions are contemporaneously documented in the minutes of the board meeting. The compensation of the executive and artistic directors is based upon the individuals background, skills and experience and comparability data obtain through an executive recruiter. The artistic director had a three year contract ending june 30, 2013, which was subsequently renewed as a five-year contract. The compensation of the director of finance is determined by the executive director and is based upon other department heads within the organization and similar officers in the local arts and culture community.

Form 990, Part VI, Section C, Line 19

The organizations articles of incorporation and bylaws, conflict of interest policy, and financial statements are all available upon request.

Form 990, Part VI, Section B, Line 11

Form 990 was drafted by an outside accounting firm, reviewed by the finance committee, then presented to the entire board prior to approving this return for filing.

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

Each board member completes a conflict of interest disclosure annually. If there is a perceived conflict relative to a vendor or similar negotiation, the conflicted board member recuses themselves from these discussions if a service provider being considered is either a board member or related to a board member or other interested person, the board diligently reviews their options to be sure the selection of this interested party is in the best interests of the organization and that the ultimate negotiation is fair and reasonable.

Filing and Contact Details

Filer

EIN
86-0367773
Phone
6023810184

Signing Officer

Name
David Tompkins
Title
Executive Director
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Tompkins
Formed
1986
Legal Domicile
Az
Voting Board Members
34
Independent Board Members
34
Employees
252
Volunteers
175

Preparer

Preparer
Carolyn Sechler
Phone
6022302700
Supplemental Narrative

Financial Statement Notes

V 4

Ballets endowment consists of two individual funds established to fund scholarships to the ballet school as the permanent endowment. Additionally if fye 063014 the board established a board designated operating reserve to help support unexpected operating costs at the boards discretion.

X 2

The ballet evaluates its uncertain tax positions, if any, on a continual basis through review of its policies and procedures review of its regular tax filings and disussions with outside experts.

XII 2D

Loss on uncollectible pledges

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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/Form990PartVIISectionAGrp/PersonNm1JOAN BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm2RHETT BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm3SANDY BYRA
IRS990/Form990PartVIISectionAGrp/PersonNm4JACQUIE DORRANCE
IRS990/Form990PartVIISectionAGrp/PersonNm5BIJEN DYREK
IRS990/Form990PartVIISectionAGrp/PersonNm6REBECCA AILES-FINE
IRS990/Form990PartVIISectionAGrp/PersonNm7NICK FIRESTONE
IRS990/Form990PartVIISectionAGrp/PersonNm8STEPHANIE GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9VIC GRACE
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD GRISWOLD
IRS990/Form990PartVIISectionAGrp/PersonNm11KATE GROVES
IRS990/Form990PartVIISectionAGrp/PersonNm12TERRI HASTON
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES P HEFFERNAN
IRS990/Form990PartVIISectionAGrp/PersonNm14RICKI DEE JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm15STEFANIE LAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm16KORY B LEADON
IRS990/Form990PartVIISectionAGrp/PersonNm17T JAMES LEE
IRS990/Form990PartVIISectionAGrp/PersonNm18SHARRON LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm19HEATHER MAHANEY
IRS990/Form990PartVIISectionAGrp/PersonNm20ELIZABETH MESSINA
IRS990/Form990PartVIISectionAGrp/PersonNm21BARBARA OTTOSEN
IRS990/Form990PartVIISectionAGrp/PersonNm22STACEY A PILCHER
IRS990/Form990PartVIISectionAGrp/PersonNm23ADRIENNE A SCHIFFNER
IRS990/Form990PartVIISectionAGrp/PersonNm24CAROL SCHILLING
IRS990/Form990PartVIISectionAGrp/PersonNm25JATHAN SEGUR
IRS990/Form990PartVIISectionAGrp/PersonNm26LARRY SKOLNIK
IRS990/Form990PartVIISectionAGrp/PersonNm27W GARY SUTTLE
IRS990/Form990PartVIISectionAGrp/PersonNm28SHOSHANA B TANCER
IRS990/Form990PartVIISectionAGrp/PersonNm29DAVID I THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm30KEN VAN WINKLE
IRS990/Form990PartVIISectionAGrp/PersonNm31LINDA PERLICH
IRS990/Form990PartVIISectionAGrp/PersonNm32DEAN RENNELL
IRS990/Form990PartVIISectionAGrp/PersonNm33MARY EHRET
IRS990/Form990PartVIISectionAGrp/PersonNm34DAVID TOMPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm35IB ANDERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm36BARBARA LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm37MARK KOCHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm38ALISON JOHNSTON
IRS990/Form990PartVIISectionAGrp/PersonNm39GWEN HILLIS
IRS990/Form990PartVIISectionAGrp/PersonNm40CAROL WHITEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm41JERRY HARDEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt370
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt380
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt390
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt400
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt31VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt32TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt33SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt34EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35ARTISTIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36FINANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37FINANCE DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.2$1.03$18.2$10.2$10.9$0.77
2023Detailed filing. Detailed filing data is available for this year.$19.3$0.97$18.4$12.7$9.81$2.91
2022Detailed filing. Detailed filing data is available for this year.$16.1$0.95$15.2$14.3$8.95$5.33
2021Detailed filing. Detailed filing data is available for this year.$11.5$0.63$10.8$6.26$5.78$0.48
2020Detailed filing. Detailed filing data is available for this year.$10.8$1.34$9.48$8.64$7.82$0.82
2019Detailed filing. Detailed filing data is available for this year.$9.84$0.98$8.86$6.96$8.37$1.41
2018Detailed filing. Detailed filing data is available for this year.$10.6$0.79$9.83$7.90$7.72$0.18
2017Detailed filing. Detailed filing data is available for this year.$11.3$1.02$10.3$7.56$7.34$0.22
2016Detailed filing. Detailed filing data is available for this year.$10.8$0.75$10.1$10.9$7.63$3.25
2015Detailed filing. Detailed filing data is available for this year.$7.75$0.91$6.84$8.29$7.44$0.85
2014Detailed filing. Detailed filing data is available for this year.$7.93$1.94$5.99$6.90$7.05$0.16
2013Summary only. Only limited summary data is available for this year.$8.69$2.54$6.15$8.41$6.51$1.89
2012Summary only. Only limited summary data is available for this year.$5.45$1.16$4.29$7.55$6.69$0.86
2011Summary only. Only limited summary data is available for this year.$4.92$1.49$3.43$8.70$5.88$2.82