Civic Intelligence

Carl Cherry Foundation

EIN 94-1207693 • 501(c)3 • Carmel, CA

Profile

Founded by Carmel-by-the-Sea artist Jeanne DOrge, the Carl Cherry Center for the Arts was established to help support experimental fine arts and projects in the sciences. Since its opening in 1948, the Center has strived to stay true to its mission of presenting quality and diverse artistic, educational, and cultural programs in Monterey County.

PO Box 863Carmel, CA 93921

www.carlcherrycenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.42x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-8.4%

Higher net margin than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

47th percentile

-3.1%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

-7.4%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$430,807

Down $13,885 (-3.1%) from 2023

Liabilities

Down

$75,066

Down $2,119 (-2.7%) from 2023

Net Assets

Down

$355,741

Down $11,766 (-3.2%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin32nd percentile

Revenue

Down

$180,011

Down $14,368 (-7.4%) from 2023

Expenses

Down

$195,087

Down $6,217 (-3.1%) from 2023

Net Income

Down

-$15,076

Down $8,151 (-118%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $365,474Liabilities 2011: $2,762Net Assets 2011: $362,7122011Assets 2012: $349,675Liabilities 2012: $2,127Net Assets 2012: $347,5482012Assets 2013: $338,752Liabilities 2013: $2,858Net Assets 2013: $335,8942013Assets 2014: $333,797Liabilities 2014: $2,568Net Assets 2014: $331,2292014Assets 2015: $355,745Liabilities 2015: $3,086Net Assets 2015: $352,6592015Assets 2016: $384,521Liabilities 2016: $3,908Net Assets 2016: $380,6132016Assets 2017: $437,904Liabilities 2017: $4,833Net Assets 2017: $433,0712017Assets 2018: $439,711Liabilities 2018: $2,190Net Assets 2018: $437,5212018Assets 2019: $440,364Liabilities 2019: $2,568Net Assets 2019: $437,7962019Assets 2020: $491,419Liabilities 2020: $81,200Net Assets 2020: $410,2192020Assets 2021: $499,560Liabilities 2021: $79,770Net Assets 2021: $419,7902021Assets 2022: $449,917Liabilities 2022: $80,208Net Assets 2022: $369,7092022Assets 2023: $444,692Liabilities 2023: $77,185Net Assets 2023: $367,5072023Assets 2024: $430,807Liabilities 2024: $75,066Net Assets 2024: $355,7412024

Highlighted filing

2024

Assets$430,807
Liabilities$75,066
Net Assets$355,741
Open 2024 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $128,9012011Revenue 2012: $108,334Expenses 2012: $123,498Net Income 2012: -$15,1642012Revenue 2013: $121,247Expenses 2013: $132,901Net Income 2013: -$11,6542013Revenue 2014: $116,807Expenses 2014: $121,472Net Income 2014: -$4,6652014Revenue 2015: $119,520Expenses 2015: $114,644Net Income 2015: $4,8762015Revenue 2016: $162,324Expenses 2016: $138,094Net Income 2016: $24,2302016Revenue 2017: $173,657Expenses 2017: $125,463Net Income 2017: $48,1942017Revenue 2018: $144,725Expenses 2018: $136,027Net Income 2018: $8,6982018Revenue 2019: $149,118Expenses 2019: $143,248Net Income 2019: $5,8702019Revenue 2020: $118,780Expenses 2020: $137,192Net Income 2020: -$18,4122020Revenue 2021: $152,650Expenses 2021: $137,931Net Income 2021: $14,7192021Revenue 2022: $130,309Expenses 2022: $167,543Net Income 2022: -$37,2342022Revenue 2023: $194,379Expenses 2023: $201,304Net Income 2023: -$6,9252023Revenue 2024: $180,011Expenses 2024: $195,087Net Income 2024: -$15,0762024

Highlighted filing

2024

Revenue$180,011
Expenses$195,087
Net Income-$15,076
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$430,807
Liabilities
$75,066
Net assets
$355,741
Revenue
$180,011
Expenses
$195,087
Net income
-$15,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.75$3.56$1.80$1.95$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.45$0.77$3.68$1.94$2.01$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.50$0.80$3.70$1.30$1.68$0.37
2021Detailed filing. Detailed filing data is available for this year.$5.00$0.80$4.20$1.53$1.38$0.15
2020Detailed filing. Detailed filing data is available for this year.$4.91$0.81$4.10$1.19$1.37$0.18
2019Detailed filing. Detailed filing data is available for this year.$4.40$0.03$4.38$1.49$1.43$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.40$0.02$4.38$1.45$1.36$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.38$0.05$4.33$1.74$1.25$0.48
2016Detailed filing. Detailed filing data is available for this year.$3.85$0.04$3.81$1.62$1.38$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.56$0.03$3.53$1.20$1.15$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.34$0.03$3.31$1.17$1.21$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.39$0.03$3.36$1.21$1.33$0.12
2012Summary only. Only limited summary data is available for this year.$3.50$0.02$3.48$1.08$1.23$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.03$3.63$1.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$180,011
Mission and Program Overview

Mission

PROMOTE ART AND SCIENCE.

Founded by Carmel-by-the-Sea artist Jeanne DOrge, the Carl Cherry Center for the Arts was established to help support experimental fine arts and projects in the sciences.Since its opening in 1948, the center has strived to stay true to its mission of presenting quality and diverse artistic,educational, and cultural programs in Monterey County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$281,545$266,112▼ $15,433
Cash and Non-Interest-Bearing Accounts$67,424$59,998▼ $7,426
Investments in Publicly Traded Securities$44,733$48,043▲ $3,310
Savings and Temporary Cash Investments$22,657$27,800▲ $5,143
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$444,692$430,807▼ $13,885
Other Assets Total$28,333$28,854▲ $521
Liabilities
Other Liabilities$77,185$75,066▼ $2,119
Total Liabilities$77,185$75,066▼ $2,119
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$344,593$332,827▼ $11,766
Net Assets With Donor Restrictions$22,914$22,914→ $0
Total Net Assets Fund Balance$367,507$355,741▼ $11,766
Total Liabilities and Net Assets / Fund Balance$444,692$430,807▼ $13,885

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$128,428$177,177$305,605
Buildings$127,950$75,220$203,170
Equipment$6,041$28,700$34,741
Land$3,693-$3,693
Other Assets Org$50--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$28,093$711--$28,804
2023$22,808$5,285--$28,093
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Robert ReeseExecutive DirectorFT$46,501$46,501
Cathy PragerOffice ManagerFT$33,999$33,999

Board Members and Trustees

NameTitle
Ana SoaresDirector
Anne MitchellDirector
Arleen KrebsDirector
Barbara WarrenDirector
Bob WalkerDirector
CAMILLE D'ANEVASDirector
Ellen OsborneDirector
Jim DultzDirector
Kathy KoppDirector
Kenneth ParkerDirector
Kris SwansonDirector
Laurent GabrielDirector
Richard CannonDirector
Richard WarrenDirector
Robin MckeeDirector
Robin WinfieldDirector
Ron BaxterDirector
Roy MustelierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,868
Program Service Revenue
$97,997
Investment Income
$5,146
Other Revenue
$0
All Other Contributions
$76,868
Change in Net Assets
$-15,076
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,929
Salaries, Compensation, and Employee Benefits$89,158
Total Fundraising Expense$31,212
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$40,251$27,369$12,880$80,500
Depreciation Depletion$7,717$5,247$2,469$15,433
Occupancy$7,255$4,933$2,321$14,509
All Other Expenses$6,281$4,271$2,009$12,561
Office Expenses$4,116$2,798$1,317$8,231
Fees for Services Accounting$3,975$2,703$1,272$7,950
Payroll Taxes$3,653$2,484$1,169$7,306
Other Expenses$3,580$2,434$1,146$7,160
Insurance$2,348$1,597$751$4,696
Advertising$842$573$269$1,684
Other Employee Benefits$676$460$216$1,352
Total Functional Expenses$97,547$66,328$31,212$195,087
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$70,186
Tenant Deposits$2,850
Sales Tax Payable$2,030
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section B, Line 15A

“Compensation, bonuses and raises are always determined at beginning of the year and at year end.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Carl Cherry Foundation
EIN
94-1207693
Phone
8316247491
Address
PO BOX 863, CARMEL, CA 93921

Signing Officer

Name
Robert Reese
Title
Executive Director
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Reese
Formed
1948
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
0
Employees
2
Volunteers
78

Preparer

Firm
Aj Houston Financial Services Inc
Address
225 CANNERY ROW STE 21, MONTEREY, CA 93940
Preparer
Adolfo Herrera CPA MAcc
Phone
8313733800
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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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