Civic Intelligence

Irt Theater Inc.

990EZ • Fiscal year 2014 • EIN 11-2831694

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 28, 2014

154 Christopher StreetNew York, NY 10014

(212) 206-6875

Siviq Scores

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

Liabilities / Assets

80th percentile

0.15x

Higher debt load relative to assets than 80% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

56th percentile

6.0%

Higher net margin than 56% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$15,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 23.7% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

75th percentile

25%

Faster asset growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

87th percentile

56%

Faster revenue growth than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$74,804

Up $15,197 (+25%) from 2013

Net Assets

Up

$63,384

Up $3,777 (+6.3%) from 2013

Liabilities

Up

$11,420

Up $11,420 from 2013

Revenue

Up

$63,293

Up $22,845 (+56%) from 2013

Expenses

Up

$59,516

Up $20,814 (+54%) from 2013

Net Income

Up

$3,777

Up $2,031 (+116%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $56,746Liabilities 2011: $1,7582011Assets 2012: $58,830Liabilities 2012: $969Net Assets 2012: $57,8612012Assets 2013: $59,607Liabilities 2013: $0Net Assets 2013: $59,6072013Assets 2014: $74,804Liabilities 2014: $11,420Net Assets 2014: $63,3842014Assets 2015: $61,151Liabilities 2015: $0Net Assets 2015: $61,1512015Assets 2016: $59,960Liabilities 2016: $0Net Assets 2016: $59,9602016Assets 2017: $64,827Liabilities 2017: $5,575Net Assets 2017: $59,2522017Assets 2018: $59,340Liabilities 2018: $0Net Assets 2018: $59,3402018Assets 2019: $75,597Liabilities 2019: $0Net Assets 2019: $75,5972019Assets 2020: $143,765Liabilities 2020: $0Net Assets 2020: $143,7652020Assets 2021: $106,829Liabilities 2021: $205Net Assets 2021: $106,6242021Assets 2022: $117,988Liabilities 2022: $0Net Assets 2022: $117,9882022Assets 2023: $157,769Liabilities 2023: $0Net Assets 2023: $157,7692023Assets 2024: $290,787Liabilities 2024: $2,543Net Assets 2024: $288,2442024Assets 2025: $303,066Liabilities 2025: $4,789Net Assets 2025: $298,2772025

Highlighted filing

2014

Assets$74,804
Liabilities$11,420
Net Assets$63,384

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $54,942Expenses 2011: $55,643Net Income 2011: -$7012011Revenue 2012: $42,032Expenses 2012: $39,159Net Income 2012: $2,8732012Revenue 2013: $40,448Expenses 2013: $38,702Net Income 2013: $1,7462013Revenue 2014: $63,293Expenses 2014: $59,516Net Income 2014: $3,7772014Revenue 2015: $69,064Expenses 2015: $71,297Net Income 2015: -$2,2332015Revenue 2016: $81,043Expenses 2016: $82,234Net Income 2016: -$1,1912016Revenue 2017: $84,680Expenses 2017: $85,388Net Income 2017: -$7082017Revenue 2018: $95,683Expenses 2018: $95,595Net Income 2018: $882018Revenue 2019: $151,369Expenses 2019: $135,112Net Income 2019: $16,2572019Revenue 2020: $175,767Expenses 2020: $107,599Net Income 2020: $68,1682020Revenue 2021: $78,159Expenses 2021: $115,300Net Income 2021: -$37,1412021Revenue 2022: $146,362Expenses 2022: $134,998Net Income 2022: $11,3642022Revenue 2023: $178,743Expenses 2023: $138,962Net Income 2023: $39,7812023Revenue 2024: $195,932Expenses 2024: $184,201Net Income 2024: $11,7312024Revenue 2025: $192,460Expenses 2025: $183,906Net Income 2025: $8,5542025

Highlighted filing

2014

Revenue$63,293
Expenses$59,516
Net Income$3,777
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 28, 2014
Return Version
2013v3.1
Gross Receipts
$63,293
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O-$43,279
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kori RushtonExecutive DirectorPT$15,000-$15,000
Courtney ArmstrongPresident And SecretaryPT$0--
Kristen Depowski EsqCounselPT$0--
Michael RushtonVice PresidentPT$0--
Steve ArmstrongDirectorPT$0--
Maureen HartjeTreasurerPT$0--
Filing and Contact Details

Filer

EIN
11-2831694

Signing Officer

Name
Kori Rushton
Title
Executive Direc
Phone
2122066875
Signed
2014-10-28
Discuss with paid preparer
Yes

Preparer

Preparer
Joseph A Caplan CPA
Phone
3476711853
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990 EZ - Part III - Program Service Accomplishments - Since 2007, the organization has become a key resource for indy theater makers in New York, hosting radically affordable, full-immersion development residences for emerging and established artists. The organization's intimate performance space offers artists the flexibility and autonomy to mount full-bodied workshops and do robust technical experimentation, creating a supportive environment for taking risks and test-driving new work before adventurous audiences and potential producers. Form 990 EZ - Primary Exempt Purpose - To build a community of emerging and established artists by creating a home for the development and presentation of new artistic work.

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 2,303Insurance 3,365Payroll Processing Fee 441Payroll Taxes 1,483Accounting 1,000Marketing 589Office supplies 88Telephone & Communication 1,376Facility related expenses 2,407Travel 19Meals 310Membership dues 155Gifts 51Bank charges 50Licenses & fees 50Moving 200Bookkeeping 414Grant writers 1,000Consulting 4,200Costumes 605Box office expense 2,451

Description of other assets Part II line 24

Category Beginning of Year End of YearFixed assets - net 8,073 5,771Accounts Receivable 2,986 0Prepaid expenses 0 2,000Deposits 0 1,500Payroll 36 36

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts payable & accrued exp 0 10,170Deferred revenue 0 1,250

Raw XML Appendix183 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Courtney Armstrong
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Michael Rushton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Steve Armstrong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Maureen Hartje
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President and Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Counsel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
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IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt09307
IRS990EZ/OtherExpensesTotalAmt022557
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 EZ - Part III - Program Service Accomplishments - Since 2007, the organization has become a key resource for indy theater makers in New York, hosting radically affordable, full-immersion development residences for emerging and established artists. The organization's intimate performance space offers artists the flexibility and autonomy to mount full-bodied workshops and do robust technical experimentation, creating a supportive environment for taking risks and test-driving new work before adventurous audiences and potential producers. Form 990 EZ - Primary Exempt Purpose - To build a community of emerging and established artists by creating a home for the development and presentation of new artistic work.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDepreciation from 4562 2,303Insurance 3,365Payroll Processing Fee 441Payroll Taxes 1,483Accounting 1,000Marketing 589Office supplies 88Telephone & Communication 1,376Facility related expenses 2,407Travel 19Meals 310Membership dues 155Gifts 51Bank charges 50Licenses & fees 50Moving 200Bookkeeping 414Grant writers 1,000Consulting 4,200Costumes 605Box office expense 2,451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearFixed assets - net 8,073 5,771Accounts Receivable 2,986 0Prepaid expenses 0 2,000Deposits 0 1,500Payroll 36 36
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearAccounts payable & accrued exp 0 10,170Deferred revenue 0 1,250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kori Rushton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum02122066875
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10IRT Theater Inc
ReturnHeader/Filer/BusinessNameControlTxt0IRTT
ReturnHeader/Filer/EIN0112831694
ReturnHeader/Filer/USAddress/AddressLine10154 Christopher Street
ReturnHeader/Filer/USAddress/City0New York
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461549469
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Simply Un-Taxing
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode007730
ReturnHeader/PreparerPersonGrp/PhoneNum03476711853
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph A Caplan CPA
ReturnHeader/ReturnTs02014-10-29T20:32:10-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.03$0.05$2.98$1.92$1.84$0.09
2024Detailed filing. Detailed filing data is available for this year.$2.91$0.03$2.88$1.96$1.84$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$1.79$1.39$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.00$1.18$1.46$1.35$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.78$1.15$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$1.76$1.08$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$1.51$1.35$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.96$0.96$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.06$0.59$0.85$0.85$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$0.81$0.82$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.69$0.71$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.11$0.63$0.63$0.60$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$0.40$0.39$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.01$0.58$0.42$0.39$0.03
2011Summary only. Only limited summary data is available for this year.$0.57$0.02$0.55$0.56$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits