michigan council for arts and cultural affairs funder report · 2013. 10. 7. · 30a office expense...

DUNS Number

Year Organization Founded

P.O. Box 50414, Kalamazoo, MI 49005-0414 8

1981

Address

06/30Fiscal Year End Date

Organization Name

~0% signifies a value of less than +/- 0.5%.

Federal ID #

Kalamazoo Children's Chorus

Number of Board Members

38-2599280 005788375

ORGANIZATION OVERVIEW

This applicant is not audited or reviewed by an independent accounting firm.

KalamazooCounty

ORGANIZATION SUMMARY

Revenue

(24,290)

n/a

Net Total Activity

0

142%

10%

29

Net Temporarily Restricted Activity

84

7,756

Total Expenses

0

2%

0

82,578

Investments & Transfers -65%

Total Earned

FY 2012

144,219

n/a

18,758

Net Unrestricted Activity

Financial Activity

31,482

Program

Total Unrestricted Revenue

Program

-28%

(24,290)

-62%

125,230

Net Permanently Restricted Activity

Contributed

-47%

121,693

119,929

82,985

Unrestricted Activity

40,417

7,093

n/a

Fundraising

0

Expenses

84,148

4,2700

FY 2013

110,381

40,417 -160%

15%

88,418

Non-program

General & administrative

% chg

3,768

82,578

Earned

165,647

-160%

7%

Full-time Permanent Employees

4,955Total Free Attendance

1,835

FY 2012

145

1,812

0

Non-Financial Summary

0

FY 2013

Total Paid Attendance

Michigan Council for Arts and Cultural AffairsFunder Report

Page 1 8ofMichigan Council for Arts and Cultural AffairsGenerated 10/1/2013

Kalamazoo Children's ChorusOrganization Name

REVENUE

$0

n/a

$0

25

n/a

Government - State

28

n/a

$0

30

$0

In-kind Contributions

n/a

Special Events - Fundraising

100%

$0

-50%

$0

$0

$0

$0

Transfers & Reclassifications

24

n/a

30c

$1,200

Total Earned and Contributed Revenue Incl. Net Assets Released

Net Assets Released from Restrictions

$20,000

Tribal Contributions

n/a

26

$700

$1,200

-62%

31

$0

n/a

$0

FY 2012

Trustee/Board Contributions

$0

$0

Government - County

23

Other Contributions

n/a

$0

Parent Organization Support

$165,647

-83%

Foundation Contributions

28a

$0

$0

Government - Federal

$40,375

$82,985

$0

$350

34

30b

22

33

35

27

$41,060

n/a

n/a

Corporate Contributions

$0

n/a

-28%

n/a

$0

FY 2013 % chg

21

Related Organization Contributions

0%

CONTRIBUTED

$119,929

Government - City

$0

Total Contributed Revenue and Net Assets Released from Restrictions

29

$6,990

$0

$2,592

32

$0

$31,482

$0

Individual Contributions

Total Revenue

-28%

$119,929 -28%

$165,647

$165,647

Total Unrestricted Revenue

36

FY 2012

$119,929

-29%

FY 2013

$117,337

TOTAL REVENUE

$165,647

% chg

Total Unrestricted Revenue Less In-Kind

7

Other Earned Revenue

$0

20

14

n/a

$29

n/a

17

3

~0%

7%

$0

n/a

$0

8

n/a

7a

n/a

$0

n/a

$0

1

4

Membership Dues/Fees

$0

11

$0

$0

$0

n/a

$0

5

$0

n/a

Gift Shop/Merchandise Sales

$0

Touring Fees

13 Royalties/Rights & Reproductions

18

Total Earned Revenue

n/a

Interest & Dividends

$0

$63,900

$0

10a

Admissions

$0

8a

$0

$0

Sponsorship Revenue

FY 2013

n/a

Subscriptions - Media

Investments-Unrealized Gains (Losses)

3%

$0

$84

$0

$4,270

n/a

$0

19

$18,420

$0

Rental Income

Workshop & Lecture Fees

n/a

Parking Concessions

n/a

$0

$0

Contracted Services/Performance Fees

15

$0

Special Events - Non-fundraising

$0

$0

n/a

$0

$0

Investments-Realized Gains (Losses)

$0

n/a

$0

$0

EARNED

Subscriptions - Performance

n/a

10

n/a

$270

9

$0

% chg

$18,408

16

6

n/a

Ticket Sales

n/a

12

FY 2012

-65%

$82,662 $88,447

Food Sales/Concession Revenue

Advertising Revenue

2

Gallery/Publication Sales

$0

Tuitions

$0

$0

$65,728

$0



EXPENSE

% chgEXPENSE FY 2012 FY 2012 FY 2013 FY 2013

Program Total Program Total Total

$33,054 11%Total Salaries & Fringe (From Section 5)1 $46,346 $42,644 $51,240

$0 n/aAccounting2 $0 $0 $0

$5,079 -29%Advertising and Marketing3 $5,079 $3,590 $3,590

$0 n/aArtist Commission Fees4 $0 $0 $0

$0 n/aArtist Consignments4a $0 $0 $0

$31,445 ~0%Artists & Performers - Non-Salaried5 $31,445 $31,412 $31,412

$0 n/aAudit6 $0 $0 $0

$846 23%Bank Fees7 $846 $0 $1,042

$0 n/aRepairs & Maintenance8 $0 $0 $0

$0 n/aCatering & Hospitality9 $0 $0 $0

$0 n/aCollections Conservation10 $0 $0 $0

$0 n/aCollections Management11 $0 $0 $0

$1,762 -74%Conferences & Meetings12 $1,762 $458 $458

$0 n/aCost of Sales13 $0 $4,270 $4,270

$0 n/aDepreciation14 $0 $0 $0

$0 n/aDues & Subscriptions15 $0 $205 $205

$0 n/aEquipment Rental16 $0 $0 $0

$0 n/aFacilities - Other17 $0 $0 $0

$0 n/aFundraising Expenses - Other18 $0 $0 $0

$0 n/aFundraising Professionals19 $0 $0 $0

$0 n/aGrantmaking Expense20 $0 $0 $0

$0 n/aHonoraria21 $0 $0 $0

$1,975 n/aIn-Kind Contributions22 $1,975 $0 $0

$597 -5%Insurance23 $597 $568 $568

$0 n/aInterest Expense24 $0 $0 $0

$0 n/aInternet & Website25 $0 $0 $0

$0 n/aInvestment Fees26 $0 $0 $0

$0 n/aLegal Fees27 $0 $0 $0

$0 n/aLodging & Meals28 $0 $200 $200

$0 n/aMajor Repairs29 $0 $0 $0

$0 n/aOffice Expense - Other30 $0 $5,449 $10,872

$7,151 n/aOther31 $7,151 $0 $0

$350 27%Postage & Shipping32 $458 $340 $580

$3,200 -24%Printing33 $3,539 $2,400 $2,703

$10,856 28%Production & Exhibition Costs34 $10,856 $13,845 $13,845

$8,351 n/aPrograms - Other34a $8,351 $0 $0

$0 n/aProfessional Development35 $0 $458 $458

$0 n/aProfessional Fees - Other36 $0 $0 $0

$0 n/aPublic Relations37 $0 $0 $0

$4,450 8%Rent38 $4,450 $4,810 $4,810

$363 2211%Recording & Broadcast Costs38a $363 $8,389 $8,389

$0 n/aRoyalties/Rights & Reproductions38b $0 $0 $0

$0 n/aSales Commission Fees39 $0 $0 $0

$0 n/aSecurity39a $0 $0 $0

$0 389%Supplies - Office & Other40 $1,110 $0 $5,423

$902 66%Telephone41 $902 $0 $1,499

$0 n/aTouring42 $0 $1,478 $1,478

$0 n/aTravel43 $0 $1,177 $1,177

$0 n/aUtilities44 $0 $0 $0

% chgTOTAL EXPENSE FY 2012 FY 2012 FY 2013 FY 2013

Program Total Program Total Total

$110,381 15%Total Expenses45 $125,230 $121,693 $144,219

$108,406 17%Total Expenses Less In-Kind $123,255 $121,693 $144,219

$0 -160%Change in Net Assets46 $40,417 $0 $0



Below are the descriptions provided for questions that required additional information.

DESCRIPTIONS

REVENUE

In-Kind Contributions, Briefly Describe31a Uniform cleaning (laundry)

EXPENSES

Office Expense - Other, Briefly Describe30a Mac Airbook, ink, paper supplies, pens, etc.


The Balance Sheet, also known as a Statement of Financial Position, shows the accumulated financial results of all the years thatan organization has been in operation, and consists of what the organization owns - its assets; what the organization owes - itsliabilities; and the difference between its assets and liabilities – its net assets or net worth.

BALANCE SHEET TRENDS

48,356

Fixed assets (net)

Total Assets

0

7,577

Current assets

17,252

0

0

Receivables

-62%Total current assets

% chgFY 2013

0

0

-49%

Non-current assets

Prepaid expenses & other n/a

0

0

FY 2012

17,252

2,500

-62%45,856

24,829

Cash

n/a

Investments

0

n/a

45,856

Assets

203%

n/a

n/a

Liabilities & Net Assets FY 2013

47,417

939

47,417

Net Assets

0

-51%

0

n/a

n/a

-49%

0

939

Temporarily restricted

81%

Total Net Assets

Deferred revenue

0

Liabilities

Permanently restricted

81%

1,702

24,829

1,702

1,702

Non-current liabilities

-51%23,127

939

81%Total current liabilities

0

Loans & other debt

23,127

0

FY 2012

n/a

n/a

0

Current Liabilities

0

Total Liabilities

% chg

Accounts payable & other

Total Liabilities & Net Assets

0

0

48,356

Unrestricted



The key measures of financial position below can help understand the capital structure of an organization.

BALANCE SHEET TRENDS: FINANCIAL POSITION

Total debt consists of all short and long-term contractual obligations of the organization, including notes, bonds, and capital leasespayable.

Total endowment includes monies usually invested long-term. Endowment may be unrestricted, temporarily restricted, orpermanently restricted. Income from endowment is generally available for operations or to support specific purposes.

Total working capital consists of the unrestricted resources available for operations, and in this report is calculated as unrestrictedcurrent assets (not including unrestricted endowment investments) minus unrestricted current liabilities. This is a conservativecalculation of working capital and may differ from your internal calculations. Adequate working capital provides financial strengthand flexibility to your organization, the ability to meet obligations as they come due, and the ability to take more risks, knowing thereis a cushion to fall back on.

The Working Capital Ratio relates working capital to the size of the operation, showing how many months of operating revenue areavailable to meet current needs. The graph at the right looks at the most liquid of the organization’s unrestricted current assets incomparison to its current liabilities.

Fixed assets (net) include all land, buildings, equipment, and other fixed assets owned by the organization. It is calculated net ofaccumulated depreciation to reflect the reduction in the value of an asset as it ages and is used.

Net assets as a % of total expenses measures the net worth of an organization in relationship to its operating size. It is calculatedas total net assets divided by total expenses. If the trend is level or increasing, then total net assets are keeping pace with growth inoperating expenses.

7,577

Total debt

Fixed assets (net) 2,500

Total working capital

0

44,917

0

16%

0

FY 2013

Net assets as a % of total expenses

FY 2012

0

15,550

Total endowment

38%

Financial Position




NON FINANCIAL INFORMATION (Section 11)

Interns/Apprentices - FTEs

Full-time Volunteers

5

0.00

32%

-17%

4.00

6

3.00

0.00

0.00

7.00

4

% chg

0%

62.00

3

Part-time/Seasonal Employees

0.00

n/a

1.00

1.25

n/a

n/a

Part-time/Seasonal Empl. - FTEs

0.20

4.00

8

0%

1

0.00

1.10

7.007

0%

Part-time Volunteers - FTEs 1.25

2

Full-time Permanent Employees

Independent Contractors

Interns/Apprentices

Part-time Volunteers

14%

1.00

Staff & Non-Staff Statistics (Number of People)

Independent Contractors - FTEs

82.00

FY 2012

9

FY 2013

10 n/a

0.00

1.50

0%

2

63%63%

n/a

Percent of Board Giving

5

% chg

0

1

Number of Contributors

2

1

FY 2013

1Corporate

2

17

0

Individuals

0%

-59%41

Foundation

FY 2012

0%

3

Board

Government (Federal, State & Local)

4

5

0%

5

145

1,980

375

4,955

Virtual

1

875

n/a

Total Paid Attendance

3317%

0

FY 2013

0

0

1,812

1,835

0

242%

1,835

Total Free Attendance

% chg

0

2

n/a

n/a

Attendance

0

Physical

Virtual

FY 2012

3317%

Total Attendance

4

1,812

Attendance - Classes/Workshops

-1%

Physical

Number of Other Groups

5

3

4,955

0

n/a

0

Children 18 and under

5a

Number of Groups of Children 18 and Under

133%

0

0

6

-1%

145

6,767

n/a

n/a

0

2,463

Number of Page Views

0

FY 2012

10

Number of Unique Web Visitors

Total income earned from website activities (from admissions, ticket sales,shop sales, etc.)

n/a

n/a

5

0

4,384

0

Total website generated donations

3

Website Activity FY 2013

n/a

0

0

1 11,606

4

% chg

2

n/aTotal Number of Web Visitors


NON FINANCIAL INFORMATION (Continued)

0

% chg

Paying Subscribers - Performance

1b

2

n/a

3

0

n/a

1a

0

How many people are both members and subscribers?

Subscribers & Members

Paying Members

n/a

0 n/a

Non-paying Subscribers - Media

Paying Subscribers - Media

782

n/a

0

0

1

0

0 0

FY 2012 FY 2013

n/a

10

7

Average Child Price

0%Lowest Single Price

n/a

0%

n/a

12

10

0

0 0

13

Average Non-fundraising Special Event Price

0%

6

0%

Highest Single Price 10

4

0

5

0%

3 10

10

n/a

Average Fundraising Special Event Price

0

385

10

FY 2013

0%

0

10

0%

Median Price

10

% chg

2

8

10

385

Average Adult Price

Average Publication Price

1 10

0%

FY 2012

10

9 Average Child Tuition/Workshop Price

0

Pricing (in dollars)

n/a

10

1010

10

Average Student Price 10

Average Senior Citizen Price

Average Media Content Price 0

11

0

Average Adult Tuition/Workshop Price

0

n/a

Number of Off-site School Program Occurrences

0

0

n/a

10a

0

n/a

0

0

11

n/a

0

FY 2013

n/a

n/a

Classes/Workshops - for professional artists

0

12

6

Tours

17a

8

6

2

0

9

11

0

0

Lectures

427

0

16

18

0

0

Program Activity (Number of Events)

n/a

World Premieres

Off-site School Programs

n/a

n/a

1

1

0

Local Premieres

n/a

% chg

19

Temporary Exhibitions

0

0

0

21

14 0

0

0

0

Exhibition Openings

5

Public Performances - Away

0%

n/a

8a

7b

3

0

Number of Lecture Occurrences

3

0

0

0%

0

2

0

n/a

n/a

1a

FY 2012

0

0

0

9a

n/a

20

n/a

0

Facility Rentals - By your organization for your program use

n/a

Classes/Workshops - for the public/constituents

Rentals of your facility by others

Number of Film Screenings

0

5

1

Number of Publications Sold/Distributed

0

0

0

Number of Tour Occurrences

Public Performances - Home

n/a

0

6

4

Live Productions - Presented Only

3

Films

1

Workshops or readings of new works

0

13

1

Works Commissioned

500%

n/a

National Premieres

0

18a

Publications

7

3

17

n/a

n/a

Online/radio/television programs

n/a0

3a

7a

3

Permanent Exhibitions

n/a

n/a

120%

0

n/a

0

0

Number of Programs - Other Occurrences

Facility Rentals - By your organization for your non-program use

15

10

3

n/a

Live Productions - Self-Produced

0

Programs - Other

0

n/a

0



michigan council for arts and cultural affairs funder report · 2013. 10. 7. · 30a office expense...

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