Civic Intelligence

Intersection for the Arts

990 • Fiscal year 2016 • EIN 94-1593216

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 09, 2017

901 Mission StreetSan Francisco, CA 94103

(415) 626-2787

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

90th percentile

41%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

52%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,135,079

Up $618,503 (+41%) from 2015

Net Assets

Up

$2,088,308

Up $622,963 (+43%) from 2015

Liabilities

Down

$46,771

Down $4,460 (-8.7%) from 2015

Revenue

Up

$3,560,313

Up $1,225,018 (+52%) from 2015

Expenses

Up

$2,937,350

Up $832,943 (+40%) from 2015

Net Income

Up

$622,963

Up $392,075 (+170%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $2,674,346Liabilities 2011: $118,139Net Assets 2011: $2,556,2072011Assets 2012: $3,147,423Liabilities 2012: $81,194Net Assets 2012: $3,066,2292012Assets 2013: $2,862,898Liabilities 2013: $60,102Net Assets 2013: $2,802,7962013Assets 2014: $2,674,352Liabilities 2014: $1,439,895Net Assets 2014: $1,234,4572014Assets 2015: $1,516,576Liabilities 2015: $51,231Net Assets 2015: $1,465,3452015Assets 2016: $2,135,079Liabilities 2016: $46,771Net Assets 2016: $2,088,3082016Assets 2017: $2,842,660Liabilities 2017: $71,794Net Assets 2017: $2,770,8662017Assets 2018: $3,114,438Liabilities 2018: $158,140Net Assets 2018: $2,956,2982018Assets 2019: $5,256,684Liabilities 2019: $1,686,268Net Assets 2019: $3,570,4162019Assets 2020: $5,217,055Liabilities 2020: $1,391,819Net Assets 2020: $3,825,2362020Assets 2021: $6,218,196Liabilities 2021: $1,959,878Net Assets 2021: $4,258,3182021Assets 2022: $7,352,896Liabilities 2022: $1,487,697Net Assets 2022: $5,865,1992022Assets 2023: $8,498,950Liabilities 2023: $1,232,384Net Assets 2023: $7,266,5662023

Highlighted filing

2016

Assets$2,135,079
Liabilities$46,771
Net Assets$2,088,308

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,902,673Expenses 2011: $1,848,913Net Income 2011: $53,7602011Revenue 2012: $2,443,110Expenses 2012: $1,933,088Net Income 2012: $510,0222012Revenue 2013: $1,960,374Expenses 2013: $2,223,807Net Income 2013: -$263,4332013Revenue 2014: $2,914,357Expenses 2014: $4,482,696Net Income 2014: -$1,568,3392014Revenue 2015: $2,335,295Expenses 2015: $2,104,407Net Income 2015: $230,8882015Revenue 2016: $3,560,313Expenses 2016: $2,937,350Net Income 2016: $622,9632016Revenue 2017: $3,968,965Expenses 2017: $3,286,407Net Income 2017: $682,5582017Revenue 2018: $4,368,269Expenses 2018: $4,182,837Net Income 2018: $185,4322018Revenue 2019: $5,691,320Expenses 2019: $5,077,202Net Income 2019: $614,1182019Revenue 2020: $7,662,322Expenses 2020: $7,407,502Net Income 2020: $254,8202020Revenue 2021: $5,728,383Expenses 2021: $5,295,301Net Income 2021: $433,0822021Revenue 2022: $8,973,001Expenses 2022: $7,366,120Net Income 2022: $1,606,8812022Revenue 2023: $10,139,711Expenses 2023: $8,738,344Net Income 2023: $1,401,3672023

Highlighted filing

2016

Revenue$3,560,313
Expenses$2,937,350
Net Income$622,963
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 9, 2017
Return Version
2015v3.0
Gross Receipts
$3,560,313
Mission and Program Overview

Mission

consulting and presenting opportunities to artists. We promote creative expression as a means for reflection, for celebration, for economic growth and for finding solutions to the challenges that confront our communities.

Intersection for the Arts builds engaged, inclusive and economically and culturally vigorous communities using an arts-centered approach that relies on multi-disciplinary and highly collaborative partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$986,693$1,181,612▲ $194,919
Pledges and Grants Receivable$174,603$583,985▲ $409,382
Savings and Temporary Cash Investments$296,985$327,368▲ $30,383
Prepaid Expenses and Deferred Charges$16,364$33,144▲ $16,780
Land, Buildings, and Equipment, Net$27,100$0▼ $27,100
Accounts Receivable$14,831$8,970▼ $5,861
Other Notes and Loans Receivable, Net-$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$1,516,576$2,135,079▲ $618,503
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$51,231$46,771▼ $4,460
Total Liabilities$51,231$46,771▼ $4,460
Net Assets / Fund Balance
Unrestricted Net Assets$924,461$1,076,156▲ $151,695
Temporarily Rstr Net Assets$540,884$1,012,152▲ $471,268
Total Net Assets Fund Balance$1,465,345$2,088,308▲ $622,963
Total Liabilities and Net Assets / Fund Balance$1,516,576$2,135,079▲ $618,503

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$90,246-
Equipment-$24,000-
Leasehold Improvements-$281,728-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Randy RollisonExec DirectorFT$75,000$75,000

Board Members and Trustees

NameTitle
Yancy WidmerBoard Chair
Jeanne BellVice Chair
Alejandro AcostaBoard Member
Kari Harsel GrayBoard Member
Lewis KnightBoard Member
Ryan BiegaBoard Member
Scott FlickerBoard Member
Barry BeachSecretary
Scott NielsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,477,413
Program Service Revenue
$1,082,712
Investment Income
$188
Other Revenue
$0
All Other Contributions
$2,054,675
Change in Net Assets
$622,963

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table8$51,343Fair Market Value (FMV)
Other Non Cash Contri Table4$11,700Fair Market Value (FMV)
Other Non Cash Contri Table6$4,774Fair Market Value (FMV)
Other Non Cash Contri Table7$1,673Fair Market Value (FMV)
Other Non Cash Contri Table5$1,319Fair Market Value (FMV)
Total Noncash Contributions30$70,809-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,560,313
Revenue Not Reported on Form 990
$188,882
Total Revenue per Audited Statements
$3,749,195
Total Revenue per Form 990
$3,560,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,532,118
Salaries, Compensation, and Employee Benefits$405,232
Total Fundraising Expense$36,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$950,513$275,413$16,212$1,242,138
Occupancy$198,101$87,953$6,183$292,237
Other Salaries and Wages$255,862$7,769$4,534$268,165
All Other Expenses$64,144$34,944$247$99,335
Travel$97,392$1,286$471$99,149
Current Officers, Directors, Trustees, and Key Employees$53,928$14,948$6,124$75,000
Other Expenses$49,849$1,271-$51,120
Fees for Services Accounting-$49,309-$49,309
Office Expenses$10,499$21,268$635$32,402
Other Employee Benefits$14,753$16,275$1,054$32,082
Payroll Taxes$23,759$5,188$1,038$29,985
Depreciation Depletion-$27,100-$27,100
Information Technology$19,982$2,332-$22,314
Insurance$9,472$12,591-$22,063
Fees for Services Legal-$1,634-$1,634
Total Functional Expenses$2,341,571$559,281$36,498$2,937,350

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,937,350
Expenses per Audited Statements$2,748,468
Total Expenses per Audited Statements$2,748,468
Expenses Not Reported on Financial Statements$188,882
Other Expense Adjustments$188,882
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management, a member of the board of directors, and the executivedirector. This group of individuals then discusses the contents of the return withthe outside tax professional. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between theorganization and members of management and the board are strictly prohibited. Theorganization seeks full transparency on all relationships. Any potential conflicts(in fact or appearance) are discussed openly and resolved in accordance with theorganization's policies and procedures.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation of other high-level personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

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

All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection fortax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing electronically) and are also available for a physical inspection at the organization's office in san francisco, california.

Filing and Contact Details

Filer

Filer Name
Intersection for the Arts
EIN
94-1593216
Phone
4156262787
Address
901 Mission Street, San Francisco, CA 94103

Signing Officer

Name
Randy Rollison
Title
Executive Director
Signed
2017-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Rollison
Formed
1965
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
200

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, IFTA is required to report information regarding its exposure to various tax positions taken by IFTA and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that IFTA has adequately evaluated its current tax positions and has concluded that as of June 30, 2016 IFTA does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.IFTA has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. IFTA may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, IFTA calculates and accrues the applicable taxes payable.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fiscal sponsorship fees remitted $188882

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Fiscal sponsorship fees remitted $188882

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IRS990/ProgSrvcAccomActy2Grp/Desc0Art and Community ProgramsThe various projects of Intersection for the Arts (including Campo Santo, Mugwumpin, and Aaron Davidman Projects), provide hundreds of performances, workshops, and classes each year. These programs span art forms and expression modes including theatre, dance, jazz, visual arts, literary arts, and community and education programs. More than 10,000 people participate in these programs each year.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$8.50$1.23$7.27$10.1$8.74$1.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.35$1.49$5.87$8.97$7.37$1.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.22$1.96$4.26$5.73$5.30$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.22$1.39$3.83$7.66$7.41$0.25
2019Summary only. Only limited summary data is available for this year.$5.26$1.69$3.57$5.69$5.08$0.61
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.16$2.96$4.37$4.18$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.07$2.77$3.97$3.29$0.68
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.05$2.09$3.56$2.94$0.62
2015Detailed filing. Detailed filing data is available for this year.$1.52$0.05$1.47$2.34$2.10$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.67$1.44$1.23$2.91$4.48$1.57
2013Summary only. Only limited summary data is available for this year.$2.86$0.06$2.80$1.96$2.22$0.26
2012Summary only. Only limited summary data is available for this year.$3.15$0.08$3.07$2.44$1.93$0.51
2011Summary only. Only limited summary data is available for this year.$2.67$0.12$2.56$1.90$1.85$0.05