Civic Intelligence

Puppet Showplace Inc.

990 • Fiscal year 2017 • EIN 04-2546402

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 05, 2017

32-33 Station StreetBrookline, MA 02445

(617) 731-6400

Siviq Scores

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

Liabilities / Assets

79th percentile

0.35x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.07x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

84th percentile

33%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$105,649

Up $26,031 (+33%) from 2016

Net Assets

Up

$68,947

Up $28,144 (+69%) from 2016

Liabilities

Down

$36,702

Down $2,113 (-5.4%) from 2016

Revenue

Up

$541,919

Up $105,396 (+24%) from 2016

Expenses

Up

$513,393

Up $100,099 (+24%) from 2016

Net Income

Up

$28,526

Up $5,297 (+23%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $40,591Liabilities 2011: $105,252Net Assets 2011: -$64,6612011Assets 2012: $55,071Liabilities 2012: $92,029Net Assets 2012: -$36,9582012Assets 2013: $77,628Liabilities 2013: $86,924Net Assets 2013: -$9,2962013Assets 2014: $79,918Liabilities 2014: $54,057Net Assets 2014: $25,8612014Assets 2015: $63,340Liabilities 2015: $48,049Net Assets 2015: $15,2912015Assets 2016: $79,618Liabilities 2016: $38,815Net Assets 2016: $40,8032016Assets 2017: $105,649Liabilities 2017: $36,702Net Assets 2017: $68,9472017Assets 2018: $109,711Liabilities 2018: $53,083Net Assets 2018: $56,6282018Assets 2019: $105,548Liabilities 2019: $45,384Net Assets 2019: $60,1642019Assets 2020: $80,497Liabilities 2020: $100,456Net Assets 2020: -$19,9592020Assets 2021: $235,755Liabilities 2021: $129,764Net Assets 2021: $105,9912021Assets 2022: $242,921Liabilities 2022: $89,123Net Assets 2022: $153,7982022Assets 2023: $188,432Liabilities 2023: $105,827Net Assets 2023: $82,6052023Assets 2024: $250,937Liabilities 2024: $121,386Net Assets 2024: $129,5512024Assets 2025: $478,957Liabilities 2025: $89,515Net Assets 2025: $389,4422025

Highlighted filing

2017

Assets$105,649
Liabilities$36,702
Net Assets$68,947

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $287,975Expenses 2011: $301,128Net Income 2011: -$13,1532011Revenue 2012: $335,120Expenses 2012: $307,417Net Income 2012: $27,7032012Revenue 2013: $387,294Expenses 2013: $359,577Net Income 2013: $27,7172013Revenue 2014: $448,678Expenses 2014: $413,521Net Income 2014: $35,1572014Revenue 2015: $434,395Expenses 2015: $444,965Net Income 2015: -$10,5702015Revenue 2016: $436,523Expenses 2016: $413,294Net Income 2016: $23,2292016Revenue 2017: $541,919Expenses 2017: $513,393Net Income 2017: $28,5262017Revenue 2018: $455,835Expenses 2018: $460,008Net Income 2018: -$4,1732018Revenue 2019: $525,304Expenses 2019: $521,768Net Income 2019: $3,5362019Revenue 2020: $479,770Expenses 2020: $587,468Net Income 2020: -$107,6982020Revenue 2021: $473,174Expenses 2021: $347,073Net Income 2021: $126,1012021Revenue 2022: $512,134Expenses 2022: $464,326Net Income 2022: $47,8082022Revenue 2023: $546,493Expenses 2023: $617,311Net Income 2023: -$70,8182023Revenue 2024: $633,928Expenses 2024: $586,982Net Income 2024: $46,9462024Revenue 2025: $938,645Expenses 2025: $698,076Net Income 2025: $240,5692025

Highlighted filing

2017

Revenue$541,919
Expenses$513,393
Net Income$28,526
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 5, 2017
Return Version
2016v3.0
Gross Receipts
$557,979
Mission and Program Overview

Mission

Puppet showplace theater is dedicated to presenting outstanding professional puppetry to diverse audiences through performances, workshops, and community outreach activities

Puppet showplace supports the use of puppetry in its many forms, from traditional to contemporary, as a medium for entertainment, education, and artistic expression; puppet showplace encourages puppetry as a commununity service that can change lives for the better.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,487$95,310▲ $28,823
Loans From Officers Directors$35,572$33,923▼ $1,649
Land, Buildings, and Equipment, Net$10,748$6,668▼ $4,080
Inventories for Sale or Use$1,299$3,671▲ $2,372
Accounts Receivable$702--
Total Assets$79,236$105,649▲ $26,413
Liabilities
Accounts Payable and Accrued Expenses$3,243$2,779▼ $464
Total Liabilities$38,815$36,702▼ $2,113
Net Assets / Fund Balance
Unrestricted Net Assets$40,421$55,623▲ $15,202
Temporarily Rstr Net Assets-$13,324-
Total Net Assets Fund Balance$40,421$68,947▲ $28,526
Total Liabilities and Net Assets / Fund Balance$79,236$105,649▲ $26,413

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$27,901-
Leasehold Improvements$6,668$19,667-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alison PlantePresident and Trustee
Edward ZlotkowskiVice President and Trustee
Nora SandersClerk and Trustee
Cat MeliusManaging Director Ex-officio Trust
Maria FinisonTreasurer and Trustee
Ayanna McphailTrustee
Charles WongTrustee
Margueritte MurphyTrustee
Noreen MartinTrustee
Alice SchaeferTrustee Emeritus
Paul Vincent DavisTrustee Emeritus
Revenue and Support

Revenue Composition

Contributions and Grants
$117,977
Program Service Revenue
$399,345
Investment Income
$0
Other Revenue
$24,597
All Other Contributions
$69,914
Change in Net Assets
$28,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$541,919
Total Revenue per Audited Statements
$541,919
Total Revenue per Form 990
$541,919
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,976
Salaries, Compensation, and Employee Benefits$152,417
Total Fundraising Expense$24,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$242,249$3,000-$245,249
Other Salaries and Wages$107,443$11,496$18,999$137,938
All Other Expenses$13,956$19,982$1,248$35,186
Occupancy$31,107--$31,107
Payroll Taxes$11,278$1,207$1,994$14,479
Fees for Services Accounting$4,951--$4,951
Other Expenses$3,174$1,537$756$4,711
Depreciation Depletion$4,080--$4,080
Total Functional Expenses$444,409$44,383$24,601$513,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$513,393
Total Expenses per Audited Statements$513,393
Total Expenses per Form 990$513,393
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,214
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2017 Gala$21,973$21,973$6,214$15,759
Total Events$21,973$21,973$6,214$15,759
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Churchill TrustFormer Managing DirRent ExpenseNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$35,572$33,923▼ $1,649
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
Yes
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
No
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 governing body review Part VI line 11

The board has delegated to the treasurer of the organization the detail review of foerm 990. Once the draft 990 has been approved by the treasurer, a copy is distributed to the full board for final review and approval prior to filing.

Conflict of interest policy compliance Part VI line 12C

Any conflicts of interest disclosed during the annual certification process are discussed with the board of directors. Staff, officers and board members are alert to conflicts of interest throughout the year

CEO executive director top management comp Part VI line 15A

The annual salary of the executive director is determined by the board of directors based on the annual agency budget. The board also takes into consideration the salary level of executive directors of similarly sized performing arts organizations.

Governing documents etc available to public Part VI line 19

The companys 990, together with other basic information about the company is available to the general public through the internet at www.guidestar.org. Interested individuals may also obtain a copy of the 990, form 1023, governing documents and conflict of interest policy directly from the company

Filing and Contact Details

Filer

Filer Name
Puppet Showplace Inc
EIN
04-2546402
Address
32-33 STATION STREET, BROOKLINE, MA 02445

Signing Officer

Name
Alison Plante
Title
President and T
Phone
6177316400
Signed
2017-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cat Melius
Formed
1974
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
14

Preparer

Firm
Rick Bornstein CPA
Address
22 CUSTER STREET UNIT 1, JAMAICA PLAIN, MA 02130
Preparer
Rick Bornstein CPA
Phone
6179907397
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Performers 102,423workshops 17,250other consultants 11,174

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

The company accounts for the effect of any uncertain tax position based on a more likely than not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a position or positions are deemed to result in uncertainties, the unrecognized tax benefit is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, are accrued as income tax expense.pst has identified its status as a tax exempt entity as its only tax position and has determined that such tax position does not result in an uncertainty requiring recognition. Prompt is not currently under examination.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITION BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE.PST HAS IDENTIFIED ITS STATUS AS A TAX EXEMPT ENTITY AS ITS ONLY TAX POSITION AND HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PROMPT IS NOT CURRENTLY UNDER EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW LOANS
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2PRIOR YEARS RENT
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt121500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.79$0.90$3.89$9.39$6.98$2.41
2024Detailed filing. Detailed filing data is available for this year.$2.51$1.21$1.30$6.34$5.87$0.47
2023Detailed filing. Detailed filing data is available for this year.$1.88$1.06$0.83$5.46$6.17$0.71
2022Detailed filing. Detailed filing data is available for this year.$2.43$0.89$1.54$5.12$4.64$0.48
2021Detailed filing. Detailed filing data is available for this year.$2.36$1.30$1.06$4.73$3.47$1.26
2020Detailed filing. Detailed filing data is available for this year.$0.80$1.00$0.20$4.80$5.87$1.08
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.45$0.60$5.25$5.22$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.10$0.53$0.57$4.56$4.60$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.37$0.69$5.42$5.13$0.29
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.39$0.41$4.37$4.13$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.48$0.15$4.34$4.45$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.54$0.26$4.49$4.14$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.87$0.09$3.87$3.60$0.28
2012Summary only. Only limited summary data is available for this year.$0.55$0.92$0.37$3.35$3.07$0.28
2011Summary only. Only limited summary data is available for this year.$0.41$1.05$0.65$2.88$3.01$0.13