Civic Intelligence

Irt Theater Inc.

990EZ • Fiscal year 2016 • EIN 11-2831694

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 29, 2016

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

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

37th percentile

-1.5%

Higher net margin than 37% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$16,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

41st percentile

-1.9%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

17%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$59,960

Down $1,191 (-1.9%) from 2015

Net Assets

Down

$59,960

Down $1,191 (-1.9%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$81,043

Up $11,979 (+17%) from 2015

Expenses

Up

$82,234

Up $10,937 (+15%) from 2015

Net Income

Up

-$1,191

Up $1,042 (+47%) from 2015

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

2016

Assets$59,960
Liabilities$0
Net Assets$59,960

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

2016

Revenue$81,043
Expenses$82,234
Net Income-$1,191
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 29, 2016
Return Version
2015v3.0
Gross Receipts
$81,043
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$54,973
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KORI RUSHTONExecutive DirectorPT$16,000-$16,000
COURTNEY ARMSTRONGPresident And SecretaryPT$0--
MICHAEL RUSHTONVice PresidentPT$0--
STEVE ARMSTRONGMemberPT$0--
MAUREEN HARTJETreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Irt Theater Inc
EIN
11-2831694
Address
154 CHRISTOPHER STREET, NEW YORK, NY 10014

Signing Officer

Name
Kori Rushton
Title
Executive Direc
Phone
2129510022
Signed
2016-12-29
Discuss with paid preparer
Yes

Preparer

Firm
Simply Un-Taxing
Address
45 Fieldcrest Way, Hazlet, NJ 07730
Preparer
Joseph 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 organizations 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 7,228payroll processing fee 814payroll taxes 1,882accounting 1,238marketing 572office supplies 112telephone & communication 2,137facility related expenses 1,000travel 2,111meals 308membership dues 155gifts 356bank charges 295licenses & fees 50costumes & props 261grant writers 2,100consulting 5,200development & education 2,436box office expense 9,370

Description of other assets Part II line 24

Category beginning of year end of yearfixed assets - net 3,468 1,166accounts receivable 1,926 5,598

Raw XML Appendix178 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/TitleTxt0EXECUTIVE DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt039928
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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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 ORGANIZATIONS 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 7,228PAYROLL PROCESSING FEE 814PAYROLL TAXES 1,882ACCOUNTING 1,238MARKETING 572OFFICE SUPPLIES 112TELEPHONE & COMMUNICATION 2,137FACILITY RELATED EXPENSES 1,000TRAVEL 2,111MEALS 308MEMBERSHIP DUES 155GIFTS 356BANK CHARGES 295LICENSES & FEES 50COSTUMES & PROPS 261GRANT WRITERS 2,100CONSULTING 5,200DEVELOPMENT & EDUCATION 2,436BOX OFFICE EXPENSE 9,370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARFIXED ASSETS - NET 3,468 1,166ACCOUNTS RECEIVABLE 1,926 5,598
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
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02129510022
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-29
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ReturnHeader/Filer/EIN0112831694
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ReturnHeader/PreparerPersonGrp/PhoneNum03476711853
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-01-02T21:39:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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
2016Detailed filing. Detailed filing data is available for this year.$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. 2016 filings • 501(c)3 • <$500k nonprofits