Civic Intelligence

The Theater Offensive Inc

990 • Fiscal year 2015 • EIN 04-3039900

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 11, 2015

565 Boylston StreetBoston, MA 02116

(617) 661-1600

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

27th percentile

0.03x

Higher debt load relative to revenue than 27% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$77,285

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$985,341

Up $157,963 (+19%) from 2014

Net Assets

Up

$953,880

Up $150,782 (+19%) from 2014

Liabilities

Up

$31,461

Up $7,181 (+30%) from 2014

Revenue

Up

$1,234,656

Up $154,809 (+14%) from 2014

Expenses

Up

$1,083,874

Up $154,386 (+17%) from 2014

Net Income

Up

$150,782

Up $423 (+0.3%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $224,993Liabilities 2010: $189,480Net Assets 2010: $35,5132010Assets 2011: $347,132Liabilities 2011: $102,202Net Assets 2011: $244,9302011Assets 2012: $680,613Liabilities 2012: $90,670Net Assets 2012: $589,9432012Assets 2013: $746,297Liabilities 2013: $93,558Net Assets 2013: $652,7392013Assets 2014: $827,378Liabilities 2014: $24,280Net Assets 2014: $803,0982014Assets 2015: $985,341Liabilities 2015: $31,461Net Assets 2015: $953,8802015Assets 2016: $1,067,805Liabilities 2016: $44,172Net Assets 2016: $1,023,6332016Assets 2017: $544,420Liabilities 2017: $59,984Net Assets 2017: $484,4362017Assets 2018: $1,125,135Liabilities 2018: $52,778Net Assets 2018: $1,072,3572018Assets 2019: $1,763,029Liabilities 2019: $100,303Net Assets 2019: $1,662,7262019Assets 2020: $2,219,180Liabilities 2020: $234,750Net Assets 2020: $1,984,4302020Assets 2021: $6,043,018Liabilities 2021: $158,489Net Assets 2021: $5,884,5292021Assets 2022: $7,453,776Liabilities 2022: $154,055Net Assets 2022: $7,299,7212022Assets 2023: $11,742,441Liabilities 2023: $89,279Net Assets 2023: $11,653,1622023Assets 2024: $12,683,709Liabilities 2024: $92,050Net Assets 2024: $12,591,6592024Assets 2025: $11,743,217Liabilities 2025: $194,463Net Assets 2025: $11,548,7542025

Highlighted filing

2015

Assets$985,341
Liabilities$31,461
Net Assets$953,880

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $637,3902010Expenses 2011: $492,0652011Expenses 2012: $608,4732012Revenue 2013: $764,209Expenses 2013: $701,413Net Income 2013: $62,7962013Revenue 2014: $1,079,847Expenses 2014: $929,488Net Income 2014: $150,3592014Revenue 2015: $1,234,656Expenses 2015: $1,083,874Net Income 2015: $150,7822015Revenue 2016: $1,176,322Expenses 2016: $1,106,569Net Income 2016: $69,7532016Revenue 2017: $617,477Expenses 2017: $1,156,713Net Income 2017: -$539,2362017Revenue 2018: $1,740,420Expenses 2018: $1,152,499Net Income 2018: $587,9212018Revenue 2019: $1,738,629Expenses 2019: $1,148,260Net Income 2019: $590,3692019Revenue 2020: $1,550,675Expenses 2020: $1,228,971Net Income 2020: $321,7042020Revenue 2021: $4,916,646Expenses 2021: $1,016,547Net Income 2021: $3,900,0992021Revenue 2022: $2,883,149Expenses 2022: $1,467,957Net Income 2022: $1,415,1922022Revenue 2023: $6,005,869Expenses 2023: $1,652,428Net Income 2023: $4,353,4412023Revenue 2024: $2,706,001Expenses 2024: $1,767,504Net Income 2024: $938,4972024Revenue 2025: $1,532,765Expenses 2025: $2,580,616Net Income 2025: -$1,047,8512025

Highlighted filing

2015

Revenue$1,234,656
Expenses$1,083,874
Net Income$150,782
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 11, 2015
Return Version
2014v6.0
Gross Receipts
$1,258,548
Mission and Program Overview

Mission

To present liberating art by, for, and about queer and trans people of color that transcends artistic boundaries, celebrates cultural abundance, and dismantles oppression.

To present the diversity of lesbian, gay, and transgender lives in art so bold it breaks through personal isolation, challenges the status quo and builds thriving communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$405,119$558,092▲ $152,973
Cash and Non-Interest-Bearing Accounts$385,757$405,880▲ $20,123
Accounts Receivable$24,672$8,690▼ $15,982
Prepaid Expenses and Deferred Charges$4,626$5,664▲ $1,038
Land, Buildings, and Equipment, Net$3,750$3,561▼ $189
Total Assets$827,378$985,341▲ $157,963
Other Assets Total$3,454$3,454→ $0
Liabilities
Accounts Payable and Accrued Expenses$13,362$16,924▲ $3,562
Other Liabilities$10,918$14,537▲ $3,619
Total Liabilities$24,280$31,461▲ $7,181
Net Assets / Fund Balance
Temporarily Rstr Net Assets$634,006$797,094▲ $163,088
Unrestricted Net Assets$169,092$156,786▼ $12,306
Total Net Assets Fund Balance$803,098$953,880▲ $150,782
Total Liabilities and Net Assets / Fund Balance$827,378$985,341▲ $157,963

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,561$6,666$10,227
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abraham RybeckExec. DirectFT$71,836$5,449$77,285

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,185,922
Program Service Revenue
$46,786
Investment Income
$50
Other Revenue
$1,898
All Other Contributions
$975,738
Change in Net Assets
$150,782

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,234,656
Revenue Not Reported on Form 990
$31,392
Total Revenue per Audited Statements
$1,266,048
Total Revenue per Form 990
$1,234,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$578,567
Other Expenses$505,307
Total Fundraising Expense$129,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$309,888$54,960$49,908$414,756
Current Officers, Directors, Trustees, and Key Employees$61,635-$15,409$77,044
All Other Expenses$40,993$19,406$16,315$76,714
Travel$52,378$2,014$401$54,793
Other Employee Benefits$33,413$4,836$5,715$43,964
Payroll Taxes$32,531$4,708$5,564$42,803
Office Expenses$14,535$13,426$12,544$40,505
Occupancy$29,640$4,290$5,070$39,000
Other Expenses$13,396$578$810$14,784
Conferences and Meetings$3,022$4,464$2,186$9,672
Fees for Services Accounting-$9,622-$9,622
Insurance$4,931$714$843$6,488
Depreciation Depletion$1,339$194$229$1,762
Total Functional Expenses$832,130$122,647$129,097$1,083,874

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,115,266
Expenses per Audited Statements$1,083,874
Total Expenses per Form 990$1,083,874
Expenses Not Reported on Form 990$31,392
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,690
Fundraising Direct Expenses$23,892
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$182,174$24,690$4,235$20,455
Total Events$182,174$24,690$23,892$798
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$14,537
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

The finance and audit committee reviews the 990 and submits it to the full board for approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

The secretary of the organization shall distribute annually to all directors, officers and management employees of the organization a form soliciting the disclosure of all conflicts of interest, including specific information concerning the terms of any contract or transaction with the organization and whether the process for approval set forth in this policy was used. Such disclosure form may require disclosure of other relationships that may not constitute an actual conflict of interest, but which are required to be disclosed in order for the organization to comply with its annual reporting requirements.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors reviews and approves the artistic executive director's salary. Comparable compensation in the field is reviewed prior to approving compensation.

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed annually by the artistic executive director for all key employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Theater Offensive Inc
EIN
04-3039900
Phone
6176611600
Address
565 BOYLSTON STREET, BOSTON, MA 02116

Signing Officer

Name
Abraham Rybeck
Title
President
Phone
6176611600
Signed
2015-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abraham Rybeck
Formed
1989
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
17
Employees
13
Volunteers
200

Preparer

Firm
Gonzalez and Associates Pc
Address
14 PAGE TERRACE, STOUGHTON, MA 02072
Preparer
Lillian Gonzalez CPA Mst Csep Csrp
Phone
7813441040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers provided services for various programs, events and shows.

Form 990, Part XI, Line 9

Direct event expense 23,892 direct event expense -23,892

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct event expense 23,892

Schedule D, Page 4, Part XII, Line 2D

Direct event expense 23,892

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC. DIRECT
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.7$0.19$11.5$1.53$2.58$1.05
2024Detailed filing. Detailed filing data is available for this year.$12.7$0.09$12.6$2.71$1.77$0.94
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.09$11.7$6.01$1.65$4.35
2022Detailed filing. Detailed filing data is available for this year.$7.45$0.15$7.30$2.88$1.47$1.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$0.16$5.88$4.92$1.02$3.90
2020Detailed filing. Detailed filing data is available for this year.$2.22$0.23$1.98$1.55$1.23$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.76$0.10$1.66$1.74$1.15$0.59
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.05$1.07$1.74$1.15$0.59
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.06$0.48$0.62$1.16$0.54
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.04$1.02$1.18$1.11$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.95$1.23$1.08$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.80$1.08$0.93$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.09$0.65$0.76$0.70$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.09$0.59$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.10$0.24$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.19$0.04$0.64