Civic Intelligence

Plan-B Theater Company

990 • Fiscal year 2017 • EIN 87-0542630

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 31, 2017

Refreshing map…

138 West 300 SouthSalt Lake City, UT 84101-1913

(801) 297-4200

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-3.0%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$39,667

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

36th percentile

-4.3%

Faster asset growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$198,989

Down $9,010 (-4.3%) from 2016

Net Assets

Down

$179,302

Down $7,070 (-3.8%) from 2016

Liabilities

Down

$19,687

Down $1,940 (-9.0%) from 2016

Revenue

Up

$237,759

Up $30,563 (+15%) from 2016

Expenses

Up

$244,829

Up $5,715 (+2.4%) from 2016

Net Income

Up

-$7,070

Up $24,848 (+78%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $151,150Liabilities 2010: $30,518Net Assets 2010: $120,6322010Assets 2011: $187,781Liabilities 2011: $27,301Net Assets 2011: $160,4802011Assets 2012: $156,465Liabilities 2012: $22,522Net Assets 2012: $133,9432012Assets 2013: $208,058Liabilities 2013: $26,157Net Assets 2013: $181,9012013Assets 2014: $211,081Liabilities 2014: $28,164Net Assets 2014: $182,9172014Assets 2015: $241,264Liabilities 2015: $22,974Net Assets 2015: $218,2902015Assets 2016: $207,999Liabilities 2016: $21,627Net Assets 2016: $186,3722016Assets 2017: $198,989Liabilities 2017: $19,687Net Assets 2017: $179,3022017Assets 2018: $180,943Liabilities 2018: $19,930Net Assets 2018: $161,0132018Assets 2019: $178,066Liabilities 2019: $26,423Net Assets 2019: $151,6432019Assets 2020: $211,092Liabilities 2020: $54,594Net Assets 2020: $156,4982020Assets 2021: $200,958Liabilities 2021: $16,351Net Assets 2021: $184,6072021Assets 2022: $129,347Liabilities 2022: $10,143Net Assets 2022: $119,2042022Assets 2023: $116,330Liabilities 2023: $14,246Net Assets 2023: $102,0842023Assets 2025: $177,141Liabilities 2025: $23,012Net Assets 2025: $154,1292025

Highlighted filing

2017

Assets$198,989
Liabilities$19,687
Net Assets$179,302

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $211,251Expenses 2010: $217,162Net Income 2010: -$5,9112010Revenue 2011: $294,462Expenses 2011: $254,614Net Income 2011: $39,8482011Expenses 2012: $275,8582012Expenses 2013: $240,0932013Revenue 2014: $248,033Expenses 2014: $247,017Net Income 2014: $1,0162014Revenue 2015: $274,827Expenses 2015: $239,454Net Income 2015: $35,3732015Revenue 2016: $207,196Expenses 2016: $239,114Net Income 2016: -$31,9182016Revenue 2017: $237,759Expenses 2017: $244,829Net Income 2017: -$7,0702017Revenue 2018: $248,922Expenses 2018: $267,211Net Income 2018: -$18,2892018Revenue 2019: $280,126Expenses 2019: $289,496Net Income 2019: -$9,3702019Revenue 2020: $357,254Expenses 2020: $352,399Net Income 2020: $4,8552020Revenue 2021: $303,562Expenses 2021: $275,453Net Income 2021: $28,1092021Revenue 2022: $452,327Expenses 2022: $517,730Net Income 2022: -$65,4032022Revenue 2023: $430,796Expenses 2023: $447,916Net Income 2023: -$17,1202023Revenue 2025: $515,135Expenses 2025: $463,143Net Income 2025: $51,9922025

Highlighted filing

2017

Revenue$237,759
Expenses$244,829
Net Income-$7,070
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 31, 2017
Return Version
2016v3.1
Gross Receipts
$237,759
Mission and Program Overview

Mission

The organization develops and produces unique and socially conscious theatre, with a particular emphasis on new plays by utah playwrights.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$163,302$123,339▼ $39,963
Cash and Non-Interest-Bearing Accounts$14,324$44,906▲ $30,582
Pledges and Grants Receivable$16,732$17,461▲ $729
Prepaid Expenses and Deferred Charges$13,381$11,960▼ $1,421
Accounts Receivable$260$1,323▲ $1,063
Total Assets$207,999$198,989▼ $9,010
Liabilities
Deferred Revenue$13,750$12,422▼ $1,328
Accounts Payable and Accrued Expenses$7,877$7,265▼ $612
Total Liabilities$21,627$19,687▼ $1,940
Net Assets / Fund Balance
Unrestricted Net Assets$120,557$123,034▲ $2,477
Temporarily Rstr Net Assets$65,815$56,268▼ $9,547
Total Net Assets Fund Balance$186,372$179,302▼ $7,070
Total Liabilities and Net Assets / Fund Balance$207,999$198,989▼ $9,010
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jerry RapierArtistic DirectorFT$39,667$39,667
Cheryl CluffManaging DirectorFT$34,000$34,000

Board Members and Trustees

NameTitle
Jesse NixPresident
Benjamin BrownBoard Member
Rebecca Chavez-houckBoard Member
Rick PollockBoard Member
Kay SheanSecretary
Brian DoughtyTreasurer
Tami MarquardtVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$200,192
Program Service Revenue
$37,280
Investment Income
$77
Other Revenue
$210
All Other Contributions
$131,212
Change in Net Assets
$-7,070

Audited Revenue Reconciliation

Revenue per Audited Statements
$237,759
Total Revenue per Audited Statements
$237,759
Total Revenue per Form 990
$237,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$174,923
Other Expenses$69,906
Total Fundraising Expense$6,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$73,761$4,186$3,853$81,800
Other Salaries and Wages$74,855--$74,855
Payroll Taxes$14,446$482$444$15,372
Fees for Services Other$11,074$844-$11,918
Office Expenses$9,077$1,523$284$10,884
Occupancy$6,349$2,775$92$9,216
Advertising$7,290$103$552$7,945
Fees for Services Accounting-$5,172-$5,172
Other Employee Benefits$2,845$25$26$2,896
All Other Expenses$1,220$1,119-$2,339
Other Expenses$304$505$683$1,492
Royalties$1,250--$1,250
Travel$703--$703
Insurance-$250-$250
Total Functional Expenses$218,472$20,332$6,025$244,829

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,829
Total Expenses per Audited Statements$244,829
Total Expenses per Form 990$244,829
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Page 6, Part VI, Line 11B

A copy of the form 990 is is provided to all board members before it is filed. In addition, the form 990 is reviewed in detail by the managing director and by the board treasurer.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is required to be reviewed annually by the board of trustees and officers. Each individual shall annually complete a disclosure form identifying any relationships, positions, or circumstances in which they are involved or that he or she believes could contribute to a conflict of interest arising. Prior to board or committee action on a contract or transaction involving a conflict of interest, an individual having a conflict of interest shall disclose all facts material to the conflict. A person who has a conflict of interest shall not participate in or be permitted to hear board or committee discussion of the matter except to disclose material facts and respond to questions. Such person shall not attempt to exert his or her personal influce with respect to the matter, either at or outside the meeting. In addition, the person having a conflict of interest may not vote on the contract or transaction and may not be present in the meeting room when the vote is taken.

Form 990, Page 6, Part VI, Line 15A

Compensation for the managing director and the producing director is determined by the board of directors. The managing director and the producing director do not vote on their own compensation. The organization is aware of the market rates for similar positions, but does not perform a formal analysis as the organization could not afford to compensate its directors at market rates. Deliberation and determination of director compensation is documented and approved by the board.

Form 990, Page 6, Part VI, Line 15B

Compensation for the managing director and the producing director is determined by the board of directors. The managing director and the producing director do not vote on their own compensation. The organization is aware of the market rates for similar positions, but does not perform a formal analysis as the organization could not afford to compensate its directors at market rates. Deliberation and determination of director compensation is documented and approved by the board.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, financial statements, and conflict of interest policy made available to the public upon request at the organization's offices.

Filing and Contact Details

Filer

Filer Name
Plan-b Theatre Company
EIN
87-0542630
Phone
8012974200
Address
138 WEST 300 SOUTH, SALT LAKE CITY, UT 84101-1913

Signing Officer

Name
Cheryl Cluff
Title
Managing Director
Phone
8012974200
Signed
2017-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Rapier
Formed
1995
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
30
Volunteers
65

Preparer

Firm
Shaw & Co Pc
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Fy17 accomplishments october/november 2016 -the world premiere of the edible complex by melissa leilani larson -fourth annual free elementary school tour -writing workshop in partnership with art access led by eric samuelsen november 2016: -world premiere of one big union by debora threedy -script-in-hand series reading of what we had toby matthew ivan bennett december 2016: -the world premiere of radio hour episode 11: yuletide by matthew ivan bennett in a co-production with kuer's radiowest february 2017: -world premiere of virtue by tim slover, nominated for the pulitzer prize -script-in-hand series reading of the art of floating by jenny kokai march/april 2017 -world premiere of not one drop by morag shepherd april 2017 -script-in-hand series reading of quarter horse by rob tennant -script-in-hand series reading of intersections ii: forging family from more than dna by shauna brock, dave hanson, louise mathews, jim martin, j.t. Mullineaux, page petruca, melissa rasmussen, lorelei rutledge, john wilkes in a co-production with art access june 2017: -world premiere of (in)divisible by austin archer, matthew ivan bennett, carleton bluford, rachel bublitz, elaine jarvik, julie jensen, jennifer a. Kokai, melissa leilani larson, jenifer nii, eric samuelsen, morag shepherd and debora threedy june 2017: -first meeting of theatre artists of color september 2017: -received our second consecutive 50/50 applause award from the international centre for women playwrights -monthly table readings in the lab -already dead by morag shepherd -mommy dances with the devil (twice) by rachel bublitz -zombie thoughts by jenny kokai and oliver kokai-means -(in)divisible (thrice) by 12 playwrights -an evening with two awful men by elaine jarvik -mountain law (twice) by melissa leilani larson

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and therefore has made no provision for federal income taxes in the accompanying financial statements. In addition, the organization has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509 (a) of the internal revenue code. There was no unrelated business income for the year ended september 30, 2017. The organization's forms 990, return of organization exempt from income tax, for the years ending september 30, 2017, 2016, 2015, and 2014 are subject to examination by the irs, generally for three years after they were filed. Generally accepted accounting principles require tax effects from an uncertain tax position to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. If an uncertain tax position meets the more-likely-than-not threshold, the largest amount of tax benefit that is greater than 50% likely to be recognized upon ultimate settlement with the taxing authority is recorded. The organization's primary tax positions relate to its status as a not- for-profit entity exempt from income taxes and classification of activities related to its exempt purpose. Management has evaluated the tax positions reflected in the organization's tax filings and does not believe that any material uncertain tax positions exist.

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IRS990/Desc0SEE SCHEDULE O. FY17 ACCOMPLISHMENTS OCTOBER/NOVEMBER 2016 -THE WORLD PREMIERE OF THE EDIBLE COMPLEX BY MELISSA LEILANI LARSON -FOURTH ANNUAL FREE ELEMENTARY SCHOOL TOUR -WRITING WORKSHOP IN PARTNERSHIP WITH ART ACCESS LED BY ERIC SAMUELSEN NOVEMBER 2016: -WORLD PREMIERE OF ONE BIG UNION BY DEBORA THREEDY -SCRIPT-IN-HAND SERIES READING OF WHAT WE HAD TOBY MATTHEW IVAN BENNETT DECEMBER 2016: -THE WORLD PREMIERE OF RADIO HOUR EPISODE 11: YULETIDE BY MATTHEW IVAN BENNETT IN A CO-PRODUCTION WITH KUER'S RADIOWEST FEBRUARY 2017: -WORLD PREMIERE OF VIRTUE BY TIM SLOVER, NOMINATED FOR THE PULITZER PRIZE -SCRIPT-IN-HAND SERIES READING OF THE ART OF FLOATING BY JENNY KOKAI MARCH/APRIL 2017 -WORLD PREMIERE OF NOT ONE DROP BY MORAG SHEPHERD APRIL 2017 -SCRIPT-IN-HAND SERIES READING OF QUARTER HORSE BY ROB TENNANT -SCRIPT-IN-HAND SERIES READING OF INTERSECTIONS II: FORGING FAMILY FROM MORE THAN DNA BY SHAUNA BROCK, DAVE HANSON, LOUISE MATHEWS, JIM MARTIN, J.T. MULLINEAUX, PAGE PETRUCA, MELISSA RASMUSSEN, LORELEI RUTLEDGE, JOHN WILKES IN A CO-PRODUCTION WITH ART ACCESS JUNE 2017: -WORLD PREMIERE OF (IN)DIVISIBLE BY AUSTIN ARCHER, MATTHEW IVAN BENNETT, CARLETON BLUFORD, RACHEL BUBLITZ, ELAINE JARVIK, JULIE JENSEN, JENNIFER A. KOKAI, MELISSA LEILANI LARSON, JENIFER NII, ERIC SAMUELSEN, MORAG SHEPHERD AND DEBORA THREEDY JUNE 2017: -FIRST MEETING OF THEATRE ARTISTS OF COLOR SEPTEMBER 2017: -RECEIVED OUR SECOND CONSECUTIVE 50/50 APPLAUSE AWARD FROM THE INTERNATIONAL CENTRE FOR WOMEN PLAYWRIGHTS -MONTHLY TABLE READINGS IN THE LAB -ALREADY DEAD BY MORAG SHEPHERD -MOMMY DANCES WITH THE DEVIL (TWICE) BY RACHEL BUBLITZ -ZOMBIE THOUGHTS BY JENNY KOKAI AND OLIVER KOKAI-MEANS -(IN)DIVISIBLE (THRICE) BY 12 PLAYWRIGHTS -AN EVENING WITH TWO AWFUL MEN BY ELAINE JARVIK -MOUNTAIN LAW (TWICE) BY MELISSA LEILANI LARSON
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509 (A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2017. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING SEPTEMBER 30, 2017, 2016, 2015, AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. IF AN UNCERTAIN TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD, THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY TO BE RECOGNIZED UPON ULTIMATE SETTLEMENT WITH THE TAXING AUTHORITY IS RECORDED. THE ORGANIZATION'S PRIMARY TAX POSITIONS RELATE TO ITS STATUS AS A NOT- FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES AND CLASSIFICATION OF ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT HAS EVALUATED THE TAX POSITIONS REFLECTED IN THE ORGANIZATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FY17 ACCOMPLISHMENTS OCTOBER/NOVEMBER 2016 -THE WORLD PREMIERE OF THE EDIBLE COMPLEX BY MELISSA LEILANI LARSON -FOURTH ANNUAL FREE ELEMENTARY SCHOOL TOUR -WRITING WORKSHOP IN PARTNERSHIP WITH ART ACCESS LED BY ERIC SAMUELSEN NOVEMBER 2016: -WORLD PREMIERE OF ONE BIG UNION BY DEBORA THREEDY -SCRIPT-IN-HAND SERIES READING OF WHAT WE HAD TOBY MATTHEW IVAN BENNETT DECEMBER 2016: -THE WORLD PREMIERE OF RADIO HOUR EPISODE 11: YULETIDE BY MATTHEW IVAN BENNETT IN A CO-PRODUCTION WITH KUER'S RADIOWEST FEBRUARY 2017: -WORLD PREMIERE OF VIRTUE BY TIM SLOVER, NOMINATED FOR THE PULITZER PRIZE -SCRIPT-IN-HAND SERIES READING OF THE ART OF FLOATING BY JENNY KOKAI MARCH/APRIL 2017 -WORLD PREMIERE OF NOT ONE DROP BY MORAG SHEPHERD APRIL 2017 -SCRIPT-IN-HAND SERIES READING OF QUARTER HORSE BY ROB TENNANT -SCRIPT-IN-HAND SERIES READING OF INTERSECTIONS II: FORGING FAMILY FROM MORE THAN DNA BY SHAUNA BROCK, DAVE HANSON, LOUISE MATHEWS, JIM MARTIN, J.T. MULLINEAUX, PAGE PETRUCA, MELISSA RASMUSSEN, LORELEI RUTLEDGE, JOHN WILKES IN A CO-PRODUCTION WITH ART ACCESS JUNE 2017: -WORLD PREMIERE OF (IN)DIVISIBLE BY AUSTIN ARCHER, MATTHEW IVAN BENNETT, CARLETON BLUFORD, RACHEL BUBLITZ, ELAINE JARVIK, JULIE JENSEN, JENNIFER A. KOKAI, MELISSA LEILANI LARSON, JENIFER NII, ERIC SAMUELSEN, MORAG SHEPHERD AND DEBORA THREEDY JUNE 2017: -FIRST MEETING OF THEATRE ARTISTS OF COLOR SEPTEMBER 2017: -RECEIVED OUR SECOND CONSECUTIVE 50/50 APPLAUSE AWARD FROM THE INTERNATIONAL CENTRE FOR WOMEN PLAYWRIGHTS -MONTHLY TABLE READINGS IN THE LAB -ALREADY DEAD BY MORAG SHEPHERD -MOMMY DANCES WITH THE DEVIL (TWICE) BY RACHEL BUBLITZ -ZOMBIE THOUGHTS BY JENNY KOKAI AND OLIVER KOKAI-MEANS -(IN)DIVISIBLE (THRICE) BY 12 PLAYWRIGHTS -AN EVENING WITH TWO AWFUL MEN BY ELAINE JARVIK -MOUNTAIN LAW (TWICE) BY MELISSA LEILANI LARSON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS IS PROVIDED TO ALL BOARD MEMBERS BEFORE IT IS FILED. IN ADDITION, THE FORM 990 IS REVIEWED IN DETAIL BY THE MANAGING DIRECTOR AND BY THE BOARD TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REQUIRED TO BE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES AND OFFICERS. EACH INDIVIDUAL SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THEY ARE INVOLVED OR THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, AN INDIVIDUAL HAVING A CONFLICT OF INTEREST SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR BOARD OR COMMITTEE DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. IN ADDITION, THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND MAY NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE MANAGING DIRECTOR AND THE PRODUCING DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS. THE MANAGING DIRECTOR AND THE PRODUCING DIRECTOR DO NOT VOTE ON THEIR OWN COMPENSATION. THE ORGANIZATION IS AWARE OF THE MARKET RATES FOR SIMILAR POSITIONS, BUT DOES NOT PERFORM A FORMAL ANALYSIS AS THE ORGANIZATION COULD NOT AFFORD TO COMPENSATE ITS DIRECTORS AT MARKET RATES. DELIBERATION AND DETERMINATION OF DIRECTOR COMPENSATION IS DOCUMENTED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR THE MANAGING DIRECTOR AND THE PRODUCING DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS. THE MANAGING DIRECTOR AND THE PRODUCING DIRECTOR DO NOT VOTE ON THEIR OWN COMPENSATION. THE ORGANIZATION IS AWARE OF THE MARKET RATES FOR SIMILAR POSITIONS, BUT DOES NOT PERFORM A FORMAL ANALYSIS AS THE ORGANIZATION COULD NOT AFFORD TO COMPENSATE ITS DIRECTORS AT MARKET RATES. DELIBERATION AND DETERMINATION OF DIRECTOR COMPENSATION IS DOCUMENTED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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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.$1.77$0.23$1.54$5.15$4.63$0.52
2023Summary only. Only limited summary data is available for this year.$1.16$0.14$1.02$4.31$4.48$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.10$1.19$4.52$5.18$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.16$1.85$3.04$2.75$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.55$1.56$3.57$3.52$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.26$1.52$2.80$2.89$0.09
2018Summary only. Only limited summary data is available for this year.$1.81$0.20$1.61$2.49$2.67$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.99$0.20$1.79$2.38$2.45$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.08$0.22$1.86$2.07$2.39$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.41$0.23$2.18$2.75$2.39$0.35
2014Summary only. Only limited summary data is available for this year.$2.11$0.28$1.83$2.48$2.47$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.26$1.82$2.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.23$1.34$2.76
2011Summary only. Only limited summary data is available for this year.$1.88$0.27$1.60$2.94$2.55$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.31$1.21$2.11$2.17$0.06