Civic Intelligence

Arizona Arts Circle Ltd.

990EZ • Fiscal year 2018 • EIN 86-1037482

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 26, 2019

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

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 51.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

21st percentile

-20%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$94,641

Down $23,081 (-20%) from 2017

Net Assets

Down

$82,276

Down $20,081 (-20%) from 2017

Liabilities

Down

$12,365

Down $3,000 (-20%) from 2017

Revenue

Down

$115,872

Down $24,506 (-17%) from 2017

Expenses

Down

$135,953

Down $9,567 (-6.6%) from 2017

Net Income

Down

-$20,081

Down $14,939 (-291%) from 2017

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

2018

Assets$94,641
Liabilities$12,365
Net Assets$82,276

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

2018

Revenue$115,872
Expenses$135,953
Net Income-$20,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 26, 2019
Return Version
2018v3.1
Gross Receipts
$132,356
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$135,953
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JILL CHRISTENHOLZVice President/DirectorFT$60,000-$60,000
HOWARD HIRSCHChairman/DirectorPT$0--
RANDY SHILLINGDirector-$0--
MERLE ROSSKAMVice President/DirectorPT$0--
LARRY GUTSCHSecretary-$0--
MIMI HORWITZDirector-$0--
HARRY PAPPPresident/TreasurerPT$0--
MAKENNA ALBRECHTDirector-$0--
JOHN ELLERMANDirector-$0--
GRETCHEN WILSONDirector-$0--
ELLEN ANDRES-SCHNEIDERDirector-$0--
MARY PATINODirector-$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
2019-08-26

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: 5. Description: dividend income. Amount: 1,301. Description: capital gain distributions. Amount: 1,085. Total included on form 990-ez, line 4: 2,391.

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

Description: bank charges. Amount: 308. Description: computer & technical. Amount: 549. Description: office expense. Amount: 1,992. Description: events. Amount: 21,683. Description: payroll taxes. Amount: 7,345. Description: investment fees. Amount: 952. Description: insurance. Amount: 3,052. Total to form 990-ez, line 16: 35,881.

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

Description: investments - mutual funds. Beg. Of year amount: 49,591. End of year amount: 47,900.

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

Description: due to art organizations. Beg. Of year amount: 13,000. End of year amount: 10,000. Description: payroll taxes withheld. Beg. Of year amount: 927. End of year amount: 927. Description: federal income taxes withheld. Beg. Of year amount: 826. End of year amount: 826. Description: fica & medicare withheld. Beg. Of year amount: 612. End of year amount: 612.

Raw XML Appendix228 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/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0EXPAND 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.
IRS990EZ/PrintingPublicationsPostageAmt02422
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CULTURAL EVENTS TO PROMOTE CONTRIBUTIONS TO ARTS IN ARIZONA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 5. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 1,301. DESCRIPTION: CAPITAL GAIN DISTRIBUTIONS. AMOUNT: 1,085. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 2,391.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 308. DESCRIPTION: COMPUTER & TECHNICAL. AMOUNT: 549. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,992. DESCRIPTION: EVENTS. AMOUNT: 21,683. DESCRIPTION: PAYROLL TAXES. AMOUNT: 7,345. DESCRIPTION: INVESTMENT FEES. AMOUNT: 952. DESCRIPTION: INSURANCE. AMOUNT: 3,052. TOTAL TO FORM 990-EZ, LINE 16: 35,881.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENTS - MUTUAL FUNDS. BEG. OF YEAR AMOUNT: 49,591. END OF YEAR AMOUNT: 47,900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO ART ORGANIZATIONS. BEG. OF YEAR AMOUNT: 13,000. END OF YEAR AMOUNT: 10,000. DESCRIPTION: PAYROLL TAXES WITHHELD. BEG. OF YEAR AMOUNT: 927. END OF YEAR AMOUNT: 927. DESCRIPTION: FEDERAL INCOME TAXES WITHHELD. BEG. OF YEAR AMOUNT: 826. END OF YEAR AMOUNT: 826. DESCRIPTION: FICA & MEDICARE WITHHELD. BEG. OF YEAR AMOUNT: 612. 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.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04806001009
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIZONA ARTS CIRCLE LTD
ReturnHeader/Filer/BusinessNameControlTxt0ARIZ
ReturnHeader/Filer/EIN0861037482
ReturnHeader/Filer/PhoneNum04806001009
ReturnHeader/Filer/USAddress/AddressLine1Txt03104 E CAMELBACK RD 157
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
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ReturnHeader/Filer/USAddress/ZIPCd0850164502
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ReturnHeader/FilingSecurityInformation/IPDt02019-08-26
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ReturnHeader/FilingSecurityInformation/IPTm015:29:03
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860267201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAMMOND TRAVERS & TUTTLE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06263 N SCOTTSDALE RD STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCOTTSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0852505426
ReturnHeader/PreparerPersonGrp/PhoneNum04809982755
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY L TUTTLE CPA
ReturnHeader/ReturnTs02019-09-04T16:13:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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