Civic Intelligence

Irt Theater Inc.

990EZ • Fiscal year 2017 • EIN 11-2831694

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

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

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.07x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

38th percentile

-0.8%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$20,100

Higher top officer pay than 83% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

59th percentile

8.1%

Faster asset growth than 59% of similar nonprofits.

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

Revenue Growth

55th percentile

4.5%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Up

$64,827

Up $4,867 (+8.1%) from 2016

Net Assets

Down

$59,252

Down $708 (-1.2%) from 2016

Liabilities

Up

$5,575

Up $5,575 from 2016

Revenue

Up

$84,680

Up $3,637 (+4.5%) from 2016

Expenses

Up

$85,388

Up $3,154 (+3.8%) from 2016

Net Income

Up

-$708

Up $483 (+41%) from 2016

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

2017

Assets$64,827
Liabilities$5,575
Net Assets$59,252

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

2017

Revenue$84,680
Expenses$85,388
Net Income-$708
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$84,680
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$50,343
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KORI RUSHTONExecutive DirectorPT$20,100-$20,100
COURTNEY ARMSTRONGPresidentPT$0--
MARISA KATZVice PresidentPT$0--
JOYCE O BRIENSecretaryPT$0--
MAUREEN HARTJETreasurerPT$0--
MICHAEL RUSHTONMemberPT$0--
KIM WEILDMemberPT$0--
AARON KUBEYMemberPT$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
2122066875
Signed
2017-11-15
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 1,155insurance 1,806payroll processing fee 653payroll taxes 2,119accounting 1,100marketing 1,255office supplies 2,487telephone & communication 1,204facility related expenses 1,313travel 2,150meals 612membership dues 650gifts 123licenses & fees 75costumes & props 67interpreter 200grant writers 2,010consulting 3,100development & education 2,400box office expense 11,650advertising 1,250admin 1,200tech direct 2,400bad debt 214

Description of other assets Part II line 24

Category beginning of year end of yearfixed assets - net 1,166 7accounts receivable 5,598 5,961

Description of total liabilities Part II line 26

Category beginning of year end of yeardeferred revenue 0 5,575

Raw XML Appendix204 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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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 1,155INSURANCE 1,806PAYROLL PROCESSING FEE 653PAYROLL TAXES 2,119ACCOUNTING 1,100MARKETING 1,255OFFICE SUPPLIES 2,487TELEPHONE & COMMUNICATION 1,204FACILITY RELATED EXPENSES 1,313TRAVEL 2,150MEALS 612MEMBERSHIP DUES 650GIFTS 123LICENSES & FEES 75COSTUMES & PROPS 67INTERPRETER 200GRANT WRITERS 2,010CONSULTING 3,100DEVELOPMENT & EDUCATION 2,400BOX OFFICE EXPENSE 11,650ADVERTISING 1,250ADMIN 1,200TECH DIRECT 2,400BAD DEBT 214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARFIXED ASSETS - NET 1,166 7ACCOUNTS RECEIVABLE 5,598 5,961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARDEFERRED REVENUE 0 5,575
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
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ReturnHeader/FilingSecurityInformation/IPTm020:19:10
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ReturnHeader/ReturnTs02017-11-15T23:03:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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