Civic Intelligence

Island Choral Experience

990 • Fiscal year 2019 • EIN 91-1078597

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 24, 2019

PO Box 754Mercer Island, WA 98040

(206) 232-0688

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

0.37x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

49th percentile

3.0%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

-4.6%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$287,777

Up $27,568 (+11%) from 2018

Net Assets

Up

$158,831

Up $10,111 (+6.8%) from 2018

Liabilities

Up

$128,946

Up $17,457 (+16%) from 2018

Revenue

Down

$343,971

Down $16,484 (-4.6%) from 2018

Expenses

Down

$333,741

Down $5,809 (-1.7%) from 2018

Net Income

Down

$10,230

Down $10,675 (-51%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $164,601Liabilities 2011: $26,665Net Assets 2011: $137,9362011Assets 2012: $164,500Liabilities 2012: $45,860Net Assets 2012: $118,6402012Assets 2013: $168,034Liabilities 2013: $51,425Net Assets 2013: $116,6092013Assets 2014: $173,821Liabilities 2014: $54,209Net Assets 2014: $119,6122014Assets 2015: $205,091Liabilities 2015: $85,591Net Assets 2015: $119,5002015Assets 2016: $221,299Liabilities 2016: $92,432Net Assets 2016: $128,8672016Assets 2017: $237,022Liabilities 2017: $109,207Net Assets 2017: $127,8152017Assets 2018: $260,209Liabilities 2018: $111,489Net Assets 2018: $148,7202018Assets 2019: $287,777Liabilities 2019: $128,946Net Assets 2019: $158,8312019Assets 2020: $232,611Liabilities 2020: $50,238Net Assets 2020: $182,3732020Assets 2021: $189,649Liabilities 2021: $67,865Net Assets 2021: $121,7842021Assets 2022: $152,845Liabilities 2022: $81,064Net Assets 2022: $71,7812022Assets 2023: $138,092Liabilities 2023: $74,107Net Assets 2023: $63,9852023Assets 2024: $53,529Liabilities 2024: $22,508Net Assets 2024: $31,0212024

Highlighted filing

2019

Assets$287,777
Liabilities$128,946
Net Assets$158,831

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $245,501Expenses 2011: $238,641Net Income 2011: $6,8602011Expenses 2012: $265,9612012Expenses 2013: $272,2412013Revenue 2014: $289,900Expenses 2014: $286,897Net Income 2014: $3,0032014Revenue 2015: $302,805Expenses 2015: $302,917Net Income 2015: -$1122015Revenue 2016: $335,125Expenses 2016: $325,758Net Income 2016: $9,3672016Revenue 2017: $323,806Expenses 2017: $322,151Net Income 2017: $1,6552017Revenue 2018: $360,455Expenses 2018: $339,550Net Income 2018: $20,9052018Revenue 2019: $343,971Expenses 2019: $333,741Net Income 2019: $10,2302019Revenue 2020: $329,980Expenses 2020: $310,335Net Income 2020: $19,6452020Revenue 2021: $54,272Expenses 2021: $115,699Net Income 2021: -$61,4272021Revenue 2022: $290,364Expenses 2022: $340,367Net Income 2022: -$50,0032022Revenue 2023: $353,043Expenses 2023: $360,839Net Income 2023: -$7,7962023Revenue 2024: $306,575Expenses 2024: $339,539Net Income 2024: -$32,9642024

Highlighted filing

2019

Revenue$343,971
Expenses$333,741
Net Income$10,230
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 24, 2019
Return Version
2018v3.1
Gross Receipts
$378,154
Mission and Program Overview

Mission

Teaching the process of music and sharing the joy of music

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$251,916$279,038▲ $27,122
Rtn Earn Endowment Incm Other Fnds$148,720$158,831▲ $10,111
Land, Buildings, and Equipment, Net$6,233$6,632▲ $399
Prepaid Expenses and Deferred Charges$2,060$2,107▲ $47
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$260,209$287,777▲ $27,568
Other Assets Total-$0-
Liabilities
Deferred Revenue$65,421$81,780▲ $16,359
Accounts Payable and Accrued Expenses$46,068$47,166▲ $1,098
Total Liabilities$111,489$128,946▲ $17,457
Net Assets / Fund Balance
Total Net Assets Fund Balance$148,720$158,831▲ $10,111
Total Liabilities and Net Assets / Fund Balance$260,209$287,777▲ $27,568

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,632$61,443$68,075
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephanie GribblePresident
Debbie BurkeVice President
Jola JensenMember at Large
Rebecca MoscatelMember at Large
Shannon SchellMember at Large
Stacy NakataMember at Large
Mary WilliamsSecretary
Beth GoodmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,096
Program Service Revenue
$297,156
Investment Income
$158
Other Revenue
$9,561
All Other Contributions
$37,096
Change in Net Assets
$10,230
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$271,075
Other Expenses$62,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$249,232--$249,232
Occupancy$37,101--$37,101
Payroll Taxes$21,843--$21,843
Office Expenses-$2,816-$2,816
All Other Expenses$196$2,476-$2,672
Insurance-$2,457-$2,457
Fees for Services Other-$1,836-$1,836
Fees for Services Accounting-$1,275-$1,275
Other Expenses$6,183$1,078-$1,078
Depreciation Depletion-$1,022-$1,022
Royalties$642--$642
Total Functional Expenses$315,197$18,544$0$333,741
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,744
Fundraising Direct Expenses$34,183
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Icc Concert$34,139$34,139$15,459$18,680
Is Concert$9,605$9,605$4,105$5,500
Total Events$43,744$43,744$34,183$9,561
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the form 990 was provided to the organization's treasurer before it was filed. The treasurer reviews form 990 for accuracy.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Island Choral Experience
EIN
91-1078597
Phone
2062320688
Address
PO BOX 754, MERCER ISLAND, WA 98040

Signing Officer

Name
Beth Goodman
Title
Treasurer
Signed
2019-12-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Goodman
Formed
2000
Voting Board Members
8
Independent Board Members
6
Employees
8
Volunteers
40

Preparer

Firm
Hattrup and Associates Ps
Address
10130 Edmonds Way, Edmonds, WA 98020
Preparer
Walter J Croasdill CPA
Phone
4257718239
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RoyaltiesGrp/ProgramServicesAmt0642
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0148720
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0158831
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0298207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0317493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0273236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01541544
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01430
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportPY170Pct00.99910
IRS990ScheduleA/PublicSupportTotal170Amt01541544
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0334252
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt061443
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt068075
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06632
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt034183
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019564
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015459
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04105
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010124
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt04495
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014619
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S TREASURER BEFORE IT WAS FILED. THE TREASURER REVIEWS FORM 990 FOR ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018544
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0315197
IRS990/TotalFunctionalExpensesGrp/TotalAmt0333741
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt0111489
IRS990/TotalLiabilitiesGrp/EOYAmt0128946
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0148720
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0158831
IRS990/TotalProgramServiceExpensesAmt0315197
IRS990/TotalProgramServiceRevenueAmt0297156
IRS990/TotalRevenueGrp/ExclusionAmt09561
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0297314
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0343971
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0260209
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0287777
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 754
IRS990/USAddress/CityNm0MERCER ISLAND
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098040

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.23$0.31$3.07$3.40$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.74$0.64$3.53$3.61$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.81$0.72$2.90$3.40$0.50
2021Detailed filing. Detailed filing data is available for this year.$1.90$0.68$1.22$0.54$1.16$0.61
2020Detailed filing. Detailed filing data is available for this year.$2.33$0.50$1.82$3.30$3.10$0.20
2019Detailed filing. Detailed filing data is available for this year.$2.88$1.29$1.59$3.44$3.34$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.60$1.11$1.49$3.60$3.40$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.37$1.09$1.28$3.24$3.22$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.21$0.92$1.29$3.35$3.26$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.05$0.86$1.20$3.03$3.03$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.54$1.20$2.90$2.87$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.51$1.17$2.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.46$1.19$2.66
2011Summary only. Only limited summary data is available for this year.$1.65$0.27$1.38$2.46$2.39$0.07