Civic Intelligence

Arizona Arts Circle Ltd.

990EZ • Fiscal year 2016 • EIN 86-1037482

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

3104 E Camelback Rd 157Phoenix, AZ 85016-4502

(480) 600-1009

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

25th percentile

-13%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

88th percentile

58%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Down

$112,310

Down $17,470 (-13%) from 2015

Net Assets

$107,499

No earlier filing loaded for comparison.

Liabilities

Down

$4,811

Down $16,533 (-77%) from 2015

Revenue

Up

$145,263

Up $53,387 (+58%) from 2015

Expenses

Up

$146,200

Up $5,265 (+3.7%) from 2015

Net Income

Up

-$937

Up $48,122 (+98%) 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: $212,708Liabilities 2011: $10,1142011Assets 2012: $226,142Liabilities 2012: $15,1142012Assets 2013: $226,982Liabilities 2013: $20,6332013Assets 2014: $168,148Liabilities 2014: $10,6532014Assets 2015: $129,780Liabilities 2015: $21,3442015Assets 2016: $112,310Liabilities 2016: $4,811Net Assets 2016: $107,4992016Assets 2017: $117,722Liabilities 2017: $15,365Net Assets 2017: $102,3572017Assets 2018: $94,641Liabilities 2018: $12,365Net Assets 2018: $82,2762018Assets 2019: $74,320Liabilities 2019: $2,365Net Assets 2019: $71,9552019Assets 2020: $108,157Liabilities 2020: $2,365Net Assets 2020: $105,7922020Assets 2021: $105,977Liabilities 2021: $9,865Net Assets 2021: $96,1122021Assets 2022: $87,706Liabilities 2022: $4,865Net Assets 2022: $82,8412022Assets 2023: $179,091Liabilities 2023: $2,365Net Assets 2023: $176,7262023Assets 2024: $159,052Liabilities 2024: $9,865Net Assets 2024: $149,1872024

Highlighted filing

2016

Assets$112,310
Liabilities$4,811
Net Assets$107,499

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $89,383Expenses 2011: $128,446Net Income 2011: -$39,0632011Revenue 2012: $120,096Expenses 2012: $111,662Net Income 2012: $8,4342012Revenue 2013: $106,187Expenses 2013: $110,866Net Income 2013: -$4,6792013Revenue 2014: $99,956Expenses 2014: $148,810Net Income 2014: -$48,8542014Revenue 2015: $91,876Expenses 2015: $140,935Net Income 2015: -$49,0592015Revenue 2016: $145,263Expenses 2016: $146,200Net Income 2016: -$9372016Revenue 2017: $140,378Expenses 2017: $145,520Net Income 2017: -$5,1422017Revenue 2018: $115,872Expenses 2018: $135,953Net Income 2018: -$20,0812018Revenue 2019: $124,662Expenses 2019: $134,983Net Income 2019: -$10,3212019Revenue 2020: $140,175Expenses 2020: $106,338Net Income 2020: $33,8372020Revenue 2021: $116,537Expenses 2021: $126,217Net Income 2021: -$9,6802021Revenue 2022: $124,303Expenses 2022: $137,574Net Income 2022: -$13,2712022Revenue 2023: $249,893Expenses 2023: $156,008Net Income 2023: $93,8852023Revenue 2024: $116,384Expenses 2024: $143,923Net Income 2024: -$27,5392024

Highlighted filing

2016

Revenue$145,263
Expenses$146,200
Net Income-$937
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$145,263
Mission and Program Overview

Mission

Expand cultural and social opportunities for arts patrons, whether full or part-time arizona residents or visitors, through significant annual contributions to five premier arts organizations.

Program Services

DescriptionGrantsExpenses
CULTURAL EVENTS TO PROMOTE CONTRIBUTIONS TO ARTS IN ARIZONA$0$146,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HOWARD HIRSCHChairman/DirectorPT$0--
RANDY SHILLINGDirector-$0--
MERLE ROSSKAMVice President/DirectorPT$0--
RHETT BUTLERDirector-$0--
JILL CHRISTENHOLZVice President/DirectorPT$0--
LARRY GUTSCHSecretary-$0--
MIMI HORWITZDirector-$0--
HARRY PAPPPresident/TreasurerPT$0--
MAKENNA ALBRECHTDirector-$0--
JOHN ELLERMANDirector-$0--
LARRY LYTLEDirector-$0--
GRETCHEN WILSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Arizona Arts Circle Ltd
EIN
86-1037482
Phone
4806001009
Address
3104 E CAMELBACK RD 157, PHOENIX, AZ 85016-4502

Signing Officer

Name
Harry Papp
Title
Treasurer
Phone
4806001009
Signed
2017-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Hammond Travers & Tuttle Pc
Address
6263 N SCOTTSDALE RD STE 250, SCOTTSDALE, AZ 85250-5426
Preparer
Jerry L Tuttle CPA
Phone
4809982755
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: INTEREST INCOME. Amount: 1. Description: DIVIDEND INCOME. Amount: 1,149. Description: CAPITAL GAIN DISTRIBUTIONS. Amount: 888. Total Included on Form 990-EZ, line 4: 2,038.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: BANK CHARGES. Amount: 409. Description: COMPUTER & TECHNICAL. Amount: 8,199. Description: OFFICE EXPENSE. Amount: 8,842. Description: EVENTS. Amount: 28,375. Description: MILEAGE. Amount: 549. Description: PAYROLL TAXES. Amount: 1,384. Description: INVESTMENT FEES. Amount: 548. Description: INSURANCE. Amount: 565. Description: DUES & FEES. Amount: 10. Description: LEGAL FEES. Amount: 558. Total to Form 990-EZ, line 16: 49,439.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: INVESTMENTS - MUTUAL FUNDS. Beg. of Year Amount: 58,458. End of Year Amount: 53,241.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: DUE TO ART ORGANIZATIONS. Beg. of Year Amount: 20,000. End of Year Amount: 2,500. Description: PAYROLL TAXES WITHHELD. Beg. of Year Amount: 351. End of Year Amount: 873. Description: FEDERAL INCOME TAXES WITHHELD. Beg. of Year Amount: 662. End of Year Amount: 826. Description: FICA & MEDICARE WITHHELD. Beg. of Year Amount: 331. End of Year Amount: 612.

Raw XML Appendix237 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT/DIRECTOR
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CULTURAL EVENTS TO PROMOTE CONTRIBUTIONS TO ARTS IN ARIZONA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST INCOME. Amount: 1. Description: DIVIDEND INCOME. Amount: 1,149. Description: CAPITAL GAIN DISTRIBUTIONS. Amount: 888. Total Included on Form 990-EZ, line 4: 2,038.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: BANK CHARGES. Amount: 409. Description: COMPUTER & TECHNICAL. Amount: 8,199. Description: OFFICE EXPENSE. Amount: 8,842. Description: EVENTS. Amount: 28,375. Description: MILEAGE. Amount: 549. Description: PAYROLL TAXES. Amount: 1,384. Description: INVESTMENT FEES. Amount: 548. Description: INSURANCE. Amount: 565. Description: DUES & FEES. Amount: 10. Description: LEGAL FEES. Amount: 558. Total to Form 990-EZ, line 16: 49,439.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: INVESTMENTS - MUTUAL FUNDS. Beg. of Year Amount: 58,458. End of Year Amount: 53,241.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: DUE TO ART ORGANIZATIONS. Beg. of Year Amount: 20,000. End of Year Amount: 2,500. Description: PAYROLL TAXES WITHHELD. Beg. of Year Amount: 351. End of Year Amount: 873. Description: FEDERAL INCOME TAXES WITHHELD. Beg. of Year Amount: 662. End of Year Amount: 826. Description: FICA & MEDICARE WITHHELD. Beg. of Year Amount: 331. End of Year Amount: 612.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCOTTSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0852505426
ReturnHeader/PreparerPersonGrp/PhoneNum04809982755
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY L TUTTLE CPA
ReturnHeader/ReturnTs02017-11-15T14:16:31-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$1.59$0.10$1.49$1.16$1.44$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.02$1.77$2.50$1.56$0.94
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.05$0.83$1.24$1.38$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.10$0.96$1.17$1.26$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.02$1.06$1.40$1.06$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.02$0.72$1.25$1.35$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.12$0.82$1.16$1.36$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.18$0.15$1.02$1.40$1.46$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.05$1.07$1.45$1.46$0.01
2015Summary only. Only limited summary data is available for this year.$1.30$0.21$0.92$1.41$0.49
2014Summary only. Only limited summary data is available for this year.$1.68$0.11$1.00$1.49$0.49
2013Summary only. Only limited summary data is available for this year.$2.27$0.21$1.06$1.11$0.05
2012Summary only. Only limited summary data is available for this year.$2.26$0.15$1.20$1.12$0.08
2011Summary only. Only limited summary data is available for this year.$2.13$0.10$0.89$1.28$0.39