Civic Intelligence

Pendulum Aerial Arts

990EZ • Fiscal year 2016 • EIN 91-1819560

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 17, 2016

2416 NW Village CirclePortland, OR 97229

(503) 319-5486

Siviq Scores

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

Liabilities / Assets

90th percentile

0.54x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

48th percentile

2.1%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

87th percentile

$32,582

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

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

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

15th percentile

-34%

Faster revenue growth than 15% of similar nonprofits.

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

Assets

Down

$11,353

Down $6,370 (-36%) from 2015

Net Assets

Up

$5,258

Up $3,293 (+168%) from 2015

Liabilities

Down

$6,095

Down $9,663 (-61%) from 2015

Revenue

Down

$153,766

Down $80,787 (-34%) from 2015

Expenses

Down

$150,473

Down $87,943 (-37%) from 2015

Net Income

Up

$3,293

Up $7,156 (+185%) from 2015

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $21,459Liabilities 2011: $2,036Net Assets 2011: $19,4232011Assets 2012: $32,923Liabilities 2012: $3,799Net Assets 2012: $29,1242012Assets 2013: $43,391Liabilities 2013: $1,922Net Assets 2013: $41,4692013Assets 2014: $51,986Liabilities 2014: $10,352Net Assets 2014: $41,6342014Assets 2015: $17,723Liabilities 2015: $15,758Net Assets 2015: $1,9652015Assets 2016: $11,353Liabilities 2016: $6,095Net Assets 2016: $5,2582016Assets 2017: $25,770Liabilities 2017: $2,527Net Assets 2017: $23,2432017Assets 2018: $3,803Liabilities 2018: $1,862Net Assets 2018: $1,9412018Assets 2019: $3,518Liabilities 2019: $0Net Assets 2019: $3,5182019

Highlighted filing

2016

Assets$11,353
Liabilities$6,095
Net Assets$5,258

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $162,039Expenses 2011: $172,065Net Income 2011: -$10,0262011Expenses 2012: $195,4252012Revenue 2013: $158,653Expenses 2013: $145,785Net Income 2013: $12,8682013Revenue 2014: $191,309Expenses 2014: $191,144Net Income 2014: $1652014Revenue 2015: $234,553Expenses 2015: $238,416Net Income 2015: -$3,8632015Revenue 2016: $153,766Expenses 2016: $150,473Net Income 2016: $3,2932016Revenue 2017: $175,948Expenses 2017: $157,963Net Income 2017: $17,9852017Revenue 2018: $62,702Expenses 2018: $84,004Net Income 2018: -$21,3022018Revenue 2019: $57,077Expenses 2019: $55,500Net Income 2019: $1,5772019

Highlighted filing

2016

Revenue$153,766
Expenses$150,473
Net Income$3,293
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 17, 2016
Return Version
2015v2.1
Gross Receipts
$153,766
Mission and Program Overview

Mission

See attached

Pendulum's mission is to develop character and community through transformative aerial performance and training. The company has produced 20 original public shows, reaching an approximate audience of 20,000. Pendulum embarked on its first national tour in the 2011-2012 season with its most recent production high art. Productions have been in portland venues such as the arlene schnitzer concert hall, portland art museum's kridel ballroom and montgomery park. The company has appeared at notable venues nationwide including the new orleans convention center, kodak theatre in hollywood, ca, the ritz carlton in naples, fl and the scottsdale center for the arts in scottsdale, az. Pendulum has been the artist-in-residence at the french american international school since 1999, where circus arts are part of the middle school physical education curriculum. In addition, pendulum offers after-school and weekend classes to the larger tri-county community. Pendulum's innovative education programs ha

Program Services

DescriptionGrantsExpenses
SPECIFIC PROGRAM SERVICE ACCOMPLISHMENTS DURING 2014 WERE: (1) PENDULUM HELD YEAR-ROUND RECREATIONAL CLASSES FOR YOUTH AGES 8-18, AS WELL AS ITS POPULAR 2-WEEK SUMMER INTENSIVE AND PROFESSIONAL TRACK PROGRAM. IT ALSO PRODUCED ITS 4TH ANNUAL COMMUNITY DAY & STUDENT SHOWCASE WITH AN AUDIENCE OF APPROXIMATELY 200. (2) PENDULUM OFFERED WORKSHOPS BY 2 VISITING PROFESSIONAL ARTISTS WHO TAUGHT SPECIALIZED WORKSHOPS WITH BOTH STUDENTS AND PROFESSIONAL COMPANY MEMBERS. (3) PENDULUM COMPANY MEMBERS TOURED THE ORIGINAL PRODUCTION "HIGH ART" TO TWO VENUES IN WASHINGTON STATE. (4) PENDULUM PERFORMED AT EVENTS ON BEHALF OF 8 PORTLAND NON-PROFIT ORGANIZATIONS.-$97,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUZANNE KENNEYExecutive DiFT$32,582-$32,582
SUZANNE LASSENPresident-$0--
MACHELLE VARMASecretary-$0--
AMY EKTreasurer-$0--
ERIN DAWSONDirector-$0--
VIKKI ESPINOSADirector-$0--
Filing and Contact Details

Filer

Filer Name
Pendulum Aerial Arts
EIN
91-1819560
Phone
5033195486
Address
2416 NW VILLAGE CIRCLE, PORTLAND, OR 97229

Signing Officer

Name
Suzanne Kenney
Title
Executive Director
Phone
5033195486
Signed
2016-11-17

Preparer

Firm
The Bearded CPA
Address
15640 NE FOURTH PLAIN RD STE 200, VANCOUVER, WA 98682-5141
Preparer
R Roy Martin CPA
Phone
3608360379
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & promotion 3,213 office 514 travel 5,316 insurance 9,693 operation expenses 7,442 production expenses 3,449 miscellaneous expenses 5,571 total 35,198

Form 990-ez, Part II, Line 24

Accounts receivable 0 6,184 inventories for sale or use 1,631 2,714 total 1,631 8,898

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 9,252 6,095 unsecured notes and loans payable 6,506 0

Form 990-ez, Part III

Pendulum's mission is to develop character and community through transformative aerial performance and training. The company has produced 20 original public shows, reaching an approximate audience of 20,000. Pendulum embarked on its first national tour in the 2011-2012 season with its most recent production high art. Productions have been in portland venues such as the arlene schnitzer concert hall, portland art museum's kridel ballroom and montgomery park. The company has appeared at notable venues nationwide including the new orleans convention center, kodak theatre in hollywood, ca, the ritz carlton in naples, fl and the scottsdale center for the arts in scottsdale, az. Pendulum has been the artist-in-residence at the french american international school since 1999, where circus arts are part of the middle school physical education curriculum. In addition, pendulum offers after-school and weekend classes to the larger tri-county community. Pendulum's innovative education programs have trained and inspired over 2,500 portland area students to develop their physical strength, build their confidence and explore their individual creativity. The organization offers year-round classes for youth in aerial arts and contortion. The company's popular 2-week summer intensive and 2-year professional training program draw students from across the united states.

Form 990-ez, Part III, Line 28

Specific program service accomplishments during 2014 were: (1) pendulum held year-round recreational classes for youth ages 8-18, as well as its popular 2-week summer intensive and professional track program. It also produced its 4th annual community day & student showcase with an audience of approximately 200. (2) pendulum offered workshops by 2 visiting professional artists who taught specialized workshops with both students and professional company members. (3) pendulum company members toured the original production "high art" to two venues in washington state. (4) pendulum performed at events on behalf of 8 portland non-profit organizations.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 3,213 OFFICE 514 TRAVEL 5,316 INSURANCE 9,693 OPERATION EXPENSES 7,442 PRODUCTION EXPENSES 3,449 MISCELLANEOUS EXPENSES 5,571 TOTAL 35,198
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 6,184 INVENTORIES FOR SALE OR USE 1,631 2,714 TOTAL 1,631 8,898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 9,252 6,095 UNSECURED NOTES AND LOANS PAYABLE 6,506 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PENDULUM'S MISSION IS TO DEVELOP CHARACTER AND COMMUNITY THROUGH TRANSFORMATIVE AERIAL PERFORMANCE AND TRAINING. THE COMPANY HAS PRODUCED 20 ORIGINAL PUBLIC SHOWS, REACHING AN APPROXIMATE AUDIENCE OF 20,000. PENDULUM EMBARKED ON ITS FIRST NATIONAL TOUR IN THE 2011-2012 SEASON WITH ITS MOST RECENT PRODUCTION HIGH ART. PRODUCTIONS HAVE BEEN IN PORTLAND VENUES SUCH AS THE ARLENE SCHNITZER CONCERT HALL, PORTLAND ART MUSEUM'S KRIDEL BALLROOM AND MONTGOMERY PARK. THE COMPANY HAS APPEARED AT NOTABLE VENUES NATIONWIDE INCLUDING THE NEW ORLEANS CONVENTION CENTER, KODAK THEATRE IN HOLLYWOOD, CA, THE RITZ CARLTON IN NAPLES, FL AND THE SCOTTSDALE CENTER FOR THE ARTS IN SCOTTSDALE, AZ. PENDULUM HAS BEEN THE ARTIST-IN-RESIDENCE AT THE FRENCH AMERICAN INTERNATIONAL SCHOOL SINCE 1999, WHERE CIRCUS ARTS ARE PART OF THE MIDDLE SCHOOL PHYSICAL EDUCATION CURRICULUM. IN ADDITION, PENDULUM OFFERS AFTER-SCHOOL AND WEEKEND CLASSES TO THE LARGER TRI-COUNTY COMMUNITY. PENDULUM'S INNOVATIVE EDUCATION PROGRAMS HAVE TRAINED AND INSPIRED OVER 2,500 PORTLAND AREA STUDENTS TO DEVELOP THEIR PHYSICAL STRENGTH, BUILD THEIR CONFIDENCE AND EXPLORE THEIR INDIVIDUAL CREATIVITY. THE ORGANIZATION OFFERS YEAR-ROUND CLASSES FOR YOUTH IN AERIAL ARTS AND CONTORTION. THE COMPANY'S POPULAR 2-WEEK SUMMER INTENSIVE AND 2-YEAR PROFESSIONAL TRAINING PROGRAM DRAW STUDENTS FROM ACROSS THE UNITED STATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPECIFIC PROGRAM SERVICE ACCOMPLISHMENTS DURING 2014 WERE: (1) PENDULUM HELD YEAR-ROUND RECREATIONAL CLASSES FOR YOUTH AGES 8-18, AS WELL AS ITS POPULAR 2-WEEK SUMMER INTENSIVE AND PROFESSIONAL TRACK PROGRAM. IT ALSO PRODUCED ITS 4TH ANNUAL COMMUNITY DAY & STUDENT SHOWCASE WITH AN AUDIENCE OF APPROXIMATELY 200. (2) PENDULUM OFFERED WORKSHOPS BY 2 VISITING PROFESSIONAL ARTISTS WHO TAUGHT SPECIALIZED WORKSHOPS WITH BOTH STUDENTS AND PROFESSIONAL COMPANY MEMBERS. (3) PENDULUM COMPANY MEMBERS TOURED THE ORIGINAL PRODUCTION "HIGH ART" TO TWO VENUES IN WASHINGTON STATE. (4) PENDULUM PERFORMED AT EVENTS ON BEHALF OF 8 PORTLAND NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SUZANNE KENNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05033195486
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENDULUM AERIAL ARTS
ReturnHeader/Filer/BusinessNameControlTxt0PEND
ReturnHeader/Filer/EIN0911819560
ReturnHeader/Filer/PhoneNum05033195486
ReturnHeader/Filer/USAddress/AddressLine1Txt02416 NW VILLAGE CIRCLE
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097229
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465454090
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE BEARDED CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015640 NE FOURTH PLAIN RD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VANCOUVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0986825141
ReturnHeader/PreparerPersonGrp/PhoneNum03608360379
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R ROY MARTIN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-17T15:08:40-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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